Merchants Exchange Scholarship Fund

990EZ • Fiscal year 2017 • EIN 86-1090663

Oct 01, 2016 to Sep 30, 2017 • Filed on Jan 10, 2018

Organization Profile INFORMATION CONTAINED @ WWW.PDXMEX.COM

200 SW Market St Ste 190Portland, OR 97201

(503) 228-4361

Siviq Scores

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

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

-49%

Higher net margin than 8% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

-11%

Faster asset growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

10%

Faster revenue growth than 63% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

$25,534

Down $3,108 (-11%) from 2016

Net Assets

Down

$25,534

Down $3,108 (-11%) from 2016

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin8th percentile

Revenue

$6,392

Up $600 (+10%) from 2016

Expenses

Flat

$9,500

Flat from 2016

Net Income

-$3,108

Up $600 (+16%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

Highlighted filing

2017

Assets$25,534

Liabilities-

Net Assets$25,534

Open 2017 Filing

Operations Trend

Revenue Growth63rd percentile

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

Highlighted filing

2017

Revenue$6,392

Expenses$9,500

Net Income-$3,108

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Oct 1, 2016 to Sep 30, 2017
Signed: Jan 10, 2018
Return Version: 2016v3.0
Gross Receipts: $6,392

Mission and Program Overview

Mission

PUBLIC CHARITY

Program Services

Description	Grants	Expenses
PROVIDE COLLEGE SCHOLARSHIPS FOR STUDY OF INTERNATIONAL TRADE AND TRANSPORTATION. DURING 2016 FISCAL YEAR THE ORGANIZATION AWARDED SIX SCHOLARSHIPS TOTALING 9,500.	$9,500	$9,500

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
DAVID BOYAJIAN	President	-	$0	-	-
REBECCA HENDERSON	Vice Preside	-	$0	-	-
PATRICK CHRISTOPHER	Secretary/Tr	-	$0	-	-
ELIZABETH WAINWRIGHT	Director	-	$0	-	-
GARRETT COSTELLO	Director	-	$0	-	-
KEVIN KILPATRICK	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Merchants Exchange Scholarship Fund
EIN: 86-1090663
Phone: 5032284361
Address: 200 SW MARKET ST STE 190, PORTLAND, OR 97201

Signing Officer

Name: David Boyajian
Title: President
Phone: 5032284361
Signed: 2018-01-10
Discuss with paid preparer: Yes

Preparer

Firm: ROSTAD & ENGLISH CPA'S PC
Address: 8405 SW BARBUR BLVD, PORTLAND, OR 97219
Preparer: Michael W English
Phone: 5039772266

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

“Name & address class of activity date of gift desc. Of property cash contribution massachusetts maritime academy 101 academy drive buzzards bay, ma 02532 scholarships 08/16/2017 cash 5,000 university of california, berkley 201 sproul hall 1960 berkley, ca 94720 scholarships 08/16/2017 cash 1,500 univeristy south carolina scholarships 08/16/2017 columbia, sc 29208-0001 cash 1,500 us merchant marine academy 300 steamboat road kings point, ny 11024 scholarships 08/16/2017 cash 1,500”

Form 990-ez, Part II, Line 24

“Accounts receivable 0 100 total 0 100”

Raw XML Appendix153 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	PORTLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	OR
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	28642
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	25434
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	6271
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IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-3108
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	28642
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	25534
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	9500
IRS990EZ/GrossReceiptsAmt	0	6392
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	121
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	28642
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	25534
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	28642
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	25534
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	5	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	DAVID BOYAJIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	REBECCA HENDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	PATRICK CHRISTOPHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	ELIZABETH WAINWRIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	GARRETT COSTELLO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	KEVIN KILPATRICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	DIRECTOR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	100
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	PUBLIC CHARITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	PROVIDE COLLEGE SCHOLARSHIPS FOR STUDY OF INTERNATIONAL TRADE AND TRANSPORTATION. DURING 2016 FISCAL YEAR THE ORGANIZATION AWARDED SIX SCHOLARSHIPS TOTALING 9,500.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	9500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	9500
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	OR
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	9500
IRS990EZ/TotalProgramServiceExpensesAmt	0	9500
IRS990EZ/TotalRevenueAmt	0	6392
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	INFORMATION CONTAINED @ WWW.PDXMEX.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	6271
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	5633
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	2660
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	4163
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	7288
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	26015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	121
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	159
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	185
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	115
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	13
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	593
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	121
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	159
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	185
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	115
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	13
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	593
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.02000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.02000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.97770
IRS990ScheduleA/PublicSupportPY509Pct	0	0.97970
IRS990ScheduleA/PublicSupportTotal509Amt	0	26015
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	6271
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	5633
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	2660
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	4163
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	7288
IRS990ScheduleA/Total509Grp/TotalAmt	0	26015
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	6392
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	5792
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	2845
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	4278
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	7301
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	26608
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	NAME & ADDRESS CLASS OF ACTIVITY DATE OF GIFT DESC. OF PROPERTY CASH CONTRIBUTION MASSACHUSETTS MARITIME ACADEMY 101 ACADEMY DRIVE BUZZARDS BAY, MA 02532 SCHOLARSHIPS 08/16/2017 CASH 5,000 UNIVERSITY OF CALIFORNIA, BERKLEY 201 SPROUL HALL 1960 BERKLEY, CA 94720 SCHOLARSHIPS 08/16/2017 CASH 1,500 UNIVERISTY SOUTH CAROLINA SCHOLARSHIPS 08/16/2017 COLUMBIA, SC 29208-0001 CASH 1,500 US MERCHANT MARINE ACADEMY 300 STEAMBOAT ROAD KINGS POINT, NY 11024 SCHOLARSHIPS 08/16/2017 CASH 1,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	ACCOUNTS RECEIVABLE 0 100 TOTAL 0 100
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS	0	2018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	DAVID BOYAJIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	5032284361
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-01-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	MERCHANTS EXCHANGE SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt	0	MERC
ReturnHeader/Filer/EIN	0	861090663
ReturnHeader/Filer/PhoneNum	0	5032284361
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	200 SW MARKET ST STE 190
ReturnHeader/Filer/USAddress/CityNm	0	PORTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	OR
ReturnHeader/Filer/USAddress/ZIPCd	0	97201
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	CFC12C1D01F0489D0A3D6F963617D1F9012DF852
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	BDC036C264DB5C9EDF003DC054D82A46B6F02B3D
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	200260950
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	ROSTAD & ENGLISH CPA'S PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	8405 SW BARBUR BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	PORTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	97219
ReturnHeader/PreparerPersonGrp/PhoneNum	0	5039772266
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2018-01-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	MICHAEL W ENGLISH
ReturnHeader/ReturnTs	0	2018-01-18T16:56:55-08:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2016-10-01
ReturnHeader/TaxPeriodEndDt	0	2017-09-30
ReturnHeader/TaxYr	0	2016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $25,534
Liabilities: -
Net assets: $25,534
Revenue: $6,392
Expenses: $9,500
Net income: -$3,108

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$81.5		$81.5	$15.8	$9.12	$6.65
2023Summary only. Only limited summary data is available for this year.	$78.9	$0.50		$12.3	$8.03	$4.29
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$74.1		$74.1	$37.2	$9.12	$28.0
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$46.0		$46.0	$8.23	$7.55	$0.69
2020Detailed filing. Detailed filing data is available for this year.	$45.4		$45.4	$19.7	$7.00	$12.7
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$32.7		$32.7	$6.43	$4.00	$2.43
2018Detailed filing. Detailed filing data is available for this year.	$30.3		$30.3	$7.74	$3.00	$4.74
2017Detailed filing. Detailed filing data is available for this year.	$25.5		$25.5	$6.39	$9.50	$3.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$28.6		$28.6	$5.79	$9.50	$3.71
2015Summary only. Only limited summary data is available for this year.	$32.4	$0.00		$2.85	$7.04	$4.19
2014Detailed filing. Detailed filing data is available for this year.	$36.5		$36.5	$4.28	$3.01	$1.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$35.3		$35.3	$7.30	$3.07	$4.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$31.0		$31.0	$3.68	$5.04	$1.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$32.4		$32.4	$3.01	$5.51	$2.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$34.9		$34.9	$4.38	$5.01	$0.63