Civic Intelligence

The Hillcrest Fund Inc

990EZ • Fiscal year 2020 • EIN 84-4033566

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 15, 2021

Organization ProfileN/A
26 Cedar StreetBrooklyn, NY 11221

(315) 705-5711

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

96th percentile

85%

Higher net margin than 96% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

100th percentile

675300%

Faster asset growth than 100% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$6,754

Up $6,753 (+675300%) from 2019

Net Assets

$6,754

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin96th percentile

Revenue

Up

$7,990

Up $7,990 from 2019

Expenses

Up

$1,236

Up $1,236 from 2019

Net Income

Up

$6,754

Up $6,754 from 2019

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2019: $1Liabilities 2019: $02019Assets 2020: $6,754Liabilities 2020: $0Net Assets 2020: $6,7542020Assets 2021: $7,610Liabilities 2021: $0Net Assets 2021: $7,6102021Assets 2022: $4,575Liabilities 2022: $0Net Assets 2022: $4,5752022Assets 2023: $3,456Liabilities 2023: $0Net Assets 2023: $3,4562023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2020

Assets$6,754
Liabilities$0
Net Assets$6,754
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10K$5.0K$0-$5.0KRevenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $7,990Expenses 2020: $1,236Net Income 2020: $6,7542020Revenue 2021: $4,107Expenses 2021: $3,251Net Income 2021: $8562021Revenue 2022: $1,520Expenses 2022: $4,555Net Income 2022: -$3,0352022Revenue 2023: $1,256Expenses 2023: $2,375Net Income 2023: -$1,1192023

Highlighted filing

2020

Revenue$7,990
Expenses$1,236
Net Income$6,754
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 15, 2021
Return Version
2020v4.0
Gross Receipts
$7,990
Mission and Program Overview

Mission

Providing Scholarships to Students

Program Services

DescriptionGrantsExpenses
Providing Scholarships to Students (in the Lake Placid, NY region) going on to pursue their creative passion in higher education.$1,000$236
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Artur NovoselskyPresident-$0--
Grant ReynoldsVice President-$0--
Amy CannavaVice President-$0--
Colleen HolmesSecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Hillcrest Fund Inc
EIN
84-4033566
Address
26 Cedar Street, Brooklyn, NY 11221

Signing Officer

Name
Artur Novoselsky
Title
President
Phone
3157055711
Signed
2021-03-15
Discuss with paid preparer
Yes

Preparer

Firm
ADK Tax LLC
Address
4F Sparrow Hawk Cir, Clifton Park, NY 12065
Preparer
John A Sobieski
Phone
5187796116
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Amount 1,000”

Description of other expenses Part I line 16

“Description AmountFiling Fee 25Office Supplies 11”

Raw XML Appendix135 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Artur Novoselsky
IRS990EZ/BooksInCareOfDetail/PhoneNum03157055711
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt026 Cedar Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Brooklyn
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011221
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06754
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt07990
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt06754
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0200
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06754
IRS990EZ/GrantsAndSimilarAmountsPaidAmt01000
IRS990EZ/GrossReceiptsAmt07990
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06754
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06754
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
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/PersonNm0Artur Novoselsky
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Grant Reynolds
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Amy Cannava
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Colleen Holmes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt036
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Providing Scholarships to Students
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Providing Scholarships to Students (in the Lake Placid, NY region) going on to pursue their creative passion in higher education.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0236
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01236
IRS990EZ/TotalProgramServiceExpensesAmt0236
IRS990EZ/TotalRevenueAmt07990
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt07990
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt07990
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt07990
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt07990
IRS990ScheduleA/Total509Grp/TotalAmt07990
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt07990
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Amount 1,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountFiling Fee 25Office Supplies 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Artur Novoselsky
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03157055711
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Hillcrest Fund Inc
ReturnHeader/Filer/BusinessNameControlTxt0HILL
ReturnHeader/Filer/EIN0844033566
ReturnHeader/Filer/USAddress/AddressLine1Txt026 Cedar Street
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011221
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0841860767
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ADK Tax LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04F Sparrow Hawk Cir
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clifton Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012065
ReturnHeader/PreparerPersonGrp/PhoneNum05187796116
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John A Sobieski
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-03-15T14:36:21-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Artur
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Novoselsky
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,754
Liabilities
$0
Net assets
$6,754
Revenue
$7,990
Expenses
$1,236
Net income
$6,754
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0$0$0
2023Detailed filing. Detailed filing data is available for this year.$3,456$0$3,456$1,256$2,375$1,119
2022Detailed filing. Detailed filing data is available for this year.$4,575$0$4,575$1,520$4,555$3,035
2021Detailed filing. Detailed filing data is available for this year.$7,610$0$7,610$4,107$3,251$856
2020Detailed filing. Detailed filing data is available for this year.$6,754$0$6,754$7,990$1,236$6,754
2019Summary only. Only limited summary data is available for this year.$1$0$0$0$0