Civic Intelligence

Henry Chang Engineers Education & Opportunity Foundation Inc.

990EZ • Fiscal year 2022 • EIN 83-2346048

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 13, 2023

Organization ProfileN/A
101 Florence PlaceStaten Island, NY 10309

(917) 748-3029

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE J • <$500k nonprofits • Source year 2022

Liabilities / Revenue

63rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE J • <$500k nonprofits • Source year 2022

Net Margin

89th percentile

53%

Higher net margin than 89% of similar nonprofits.

2022 filings • NTEE J • <$500k nonprofits • Source year 2022

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE J • <$500k nonprofits • Source year 2022

Asset Growth

95th percentile

148%

Faster asset growth than 95% of similar nonprofits.

2022 filings • NTEE J • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

75th percentile

32%

Faster revenue growth than 75% of similar nonprofits.

2022 filings • NTEE J • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$48,742

Up $29,059 (+148%) from 2021

Net Assets

Up

$48,742

Up $29,059 (+148%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin89th percentile

Revenue

Up

$55,054

Up $13,231 (+32%) from 2021

Expenses

Down

$25,995

Down $21,360 (-45%) from 2021

Net Income

Up

$29,059

Up $34,591 (+625%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2018: $21,691Liabilities 2018: $0Net Assets 2018: $21,6912018Assets 2019: $28,532Liabilities 2019: $0Net Assets 2019: $28,5322019Assets 2020: $25,215Liabilities 2020: $0Net Assets 2020: $25,2152020Assets 2021: $19,683Liabilities 2021: $0Net Assets 2021: $19,6832021Assets 2022: $48,742Liabilities 2022: $0Net Assets 2022: $48,7422022Assets 2023: $57,005Liabilities 2023: $0Net Assets 2023: $57,0052023Assets 2024: $60,823Liabilities 2024: $0Net Assets 2024: $60,8232024

Highlighted filing

2022

Assets$48,742
Liabilities$0
Net Assets$48,742
Open 2022 Filing

Operations Trend

Revenue Growth75th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0-$20KRevenue 2018: $21,749Expenses 2018: $58Net Income 2018: $21,6912018Revenue 2019: $30,541Expenses 2019: $23,700Net Income 2019: $6,8412019Revenue 2020: $0Expenses 2020: $3,317Net Income 2020: -$3,3172020Revenue 2021: $41,823Expenses 2021: $47,355Net Income 2021: -$5,5322021Revenue 2022: $55,054Expenses 2022: $25,995Net Income 2022: $29,0592022Revenue 2023: $38,381Expenses 2023: $30,118Net Income 2023: $8,2632023Revenue 2024: $45,654Expenses 2024: $41,836Net Income 2024: $3,8182024

Highlighted filing

2022

Revenue$55,054
Expenses$25,995
Net Income$29,059
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 13, 2023
Return Version
2022v5.0
Gross Receipts
$55,054
Mission and Program Overview

Mission

Provide financial aid for the education of aspiring engineers

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION'S MISSION IS TO PROVIDE EDUCATIONAL AND CAREER OPPORTUNITIES TO YOUNGER PEOPLE IN UNDER-SERVED COMMUNITIES OF THE CITY OF NEW YORK.$8,495$25,995
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DANIEL DONOVANChairman-$0--
VICTOR AMATRUDOVice Chairman-$0--
MARCO PALAOSecretary-$0--
ANTHONY ANDREANITreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Henry Chang Engineers Education &
EIN
83-2346048
Phone
9177483029
Address
101 FLORENCE PLACE, STATEN ISLAND, NY 10309

Signing Officer

Name
Daniel Donovan
Title
Chairman
Phone
9177483029
Signed
2023-08-13
Discuss with paid preparer
Yes

Preparer

Firm
Lmc Advisors LLC
Address
1359 BROADWAY SUITE 1710, NEW YORK, NY 10018
Preparer
Lee M Cohen CPA
Phone
2129672300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: financial aid for engineer. Grantee name: miscellaneous. Grantee relationship: none. Date of gift: 09/28/22. Amount given: 8,495.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: supplies. Amount: 4,235. Description: memberships and dues. Amount: 216. Description: events sponsorship. Amount: 10,859. Description: bank service charges. Amount: 5. Description: filing fees. Amount: 25. Description: conference, convention, meeting. Amount: 160. Total to form 990-ez, line 16: 15,500.”

Raw XML Appendix145 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum09177483029
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 FLORENCE PLACE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0STATEN ISLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010309
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt019683
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt048742
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt055054
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt029059
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IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt048742
IRS990EZ/GrantsAndSimilarAmountsPaidAmt08495
IRS990EZ/GrossReceiptsAmt055054
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt019683
IRS990EZ/NetAssetsOrFundBalancesEOYAmt048742
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt019683
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt048742
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DANIEL DONOVAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1VICTOR AMATRUDO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARCO PALAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ANTHONY ANDREANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt015500
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE FINANCIAL AID FOR THE EDUCATION OF ASPIRING ENGINEERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION'S MISSION IS TO PROVIDE EDUCATIONAL AND CAREER OPPORTUNITIES TO YOUNGER PEOPLE IN UNDER-SERVED COMMUNITIES OF THE CITY OF NEW YORK.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt08495
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt025995
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt025995
IRS990EZ/TotalProgramServiceExpensesAmt025995
IRS990EZ/TotalRevenueAmt055054
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt055054
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt041823
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt021691
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt021749
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0140317
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0140317
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt055054
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt041823
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt021691
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt021749
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0140317
IRS990ScheduleA/TotalSupportAmt0140317
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: FINANCIAL AID FOR ENGINEER. GRANTEE NAME: MISCELLANEOUS. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 09/28/22. AMOUNT GIVEN: 8,495.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: SUPPLIES. AMOUNT: 4,235. DESCRIPTION: MEMBERSHIPS AND DUES. AMOUNT: 216. DESCRIPTION: EVENTS SPONSORSHIP. AMOUNT: 10,859. DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 5. DESCRIPTION: FILING FEES. AMOUNT: 25. DESCRIPTION: CONFERENCE, CONVENTION, MEETING. AMOUNT: 160. TOTAL TO FORM 990-EZ, LINE 16: 15,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL DONOVAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09177483029
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HENRY CHANG ENGINEERS EDUCATION &
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OPPORTUNITY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0HENR
ReturnHeader/Filer/EIN0832346048
ReturnHeader/Filer/PhoneNum09177483029
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 FLORENCE PLACE
ReturnHeader/Filer/USAddress/CityNm0STATEN ISLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010309
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464133700
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LMC ADVISORS LLC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010018
ReturnHeader/PreparerPersonGrp/PhoneNum02129672300
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEE M COHEN CPA
ReturnHeader/ReturnTs02023-08-21T15:16:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DANIEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DONOVAN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$48,742
Liabilities
$0
Net assets
$48,742
Revenue
$55,054
Expenses
$25,995
Net income
$29,059
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$60.8$0.00$60.8$45.7$41.8$3.82
2023Detailed filing. Detailed filing data is available for this year.$57.0$0.00$57.0$38.4$30.1$8.26
2022Detailed filing. Detailed filing data is available for this year.$48.7$0.00$48.7$55.1$26.0$29.1
2021Detailed filing. Detailed filing data is available for this year.$19.7$0.00$19.7$41.8$47.4$5.53
2020Detailed filing. Detailed filing data is available for this year.$25.2$0.00$25.2$0.00$3.32$3.32
2019Detailed filing. Detailed filing data is available for this year.$28.5$0.00$28.5$30.5$23.7$6.84
2018Detailed filing. Detailed filing data is available for this year.$21.7$0.00$21.7$21.7$0.06$21.7