Civic Intelligence

Scholarship Fund Inc.

990EZ • Fiscal year 2023 • EIN 93-3472803

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 29, 2024

11 Carol AvenueBristol, RI 02809

(401) 451-5890

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

86th percentile

74%

Higher net margin than 86% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$83,785

No earlier filing loaded for comparison.

Net Assets

$83,785

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$42,087

No earlier filing loaded for comparison.

Expenses

$10,745

No earlier filing loaded for comparison.

Net Income

$31,342

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2023: $83,785Net Assets 2023: $83,7852023Assets 2024: $111,350Net Assets 2024: $111,3502024

Highlighted filing

2023

Assets$83,785
Liabilities-
Net Assets$83,785

Operations Trend

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

$60K$40K$20K$0Revenue 2023: $42,087Expenses 2023: $10,745Net Income 2023: $31,3422023Revenue 2024: $39,855Expenses 2024: $12,290Net Income 2024: $27,5652024

Highlighted filing

2023

Revenue$42,087
Expenses$10,745
Net Income$31,342
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 29, 2024
Return Version
2023v5.0
Gross Receipts
$68,859
Mission and Program Overview

Mission

Providing annual scholarships for qualified individuals who are selected by the board

Program Services

DescriptionGrantsExpenses
SCHOLARSHIP FUND INC WAS ABLE TO PROVIDE $2,500 SCHOLARSHIPS TO FOUR 2023 GRADUATING HIGH SCHOOL SENIORS TO USE TOWARD THEIR COLLEGE EDUCATION.$10,000$10,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT PROULXPresidentPT$0--
SUSAN PROULXDirector/Board Member-$0--
AMY DAVOKDirector/Board Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$68,859$68,659$290$68,369
None----
Total Events$68,859$68,659$26,772$41,887
Filing and Contact Details

Filer

Filer Name
Scholarship Fund Inc
EIN
93-3472803
Phone
4014515890
Address
11 CAROL AVENUE, BRISTOL, RI 02809

Signing Officer

Name
Robert Proulx
Title
President
Phone
4014515890
Signed
2024-04-29
Discuss with paid preparer
Yes

Preparer

Firm
J & K Enterprise
Address
201 NORTON ST, RIVERSIDE, RI 02915
Preparer
Michael J Sevigny
Phone
4013741115
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

Scholarship award; scholarship; mason furtado: 37 cherry street, warren, ri, 02885; scholarship recipient, 2500.

Form 990EZ, Part I, Line 10

Scholarship award; scholarship; parker camelo: 1 masterson street, bristol, ri, 02809; scholarship recipient, 2500.

Form 990EZ, Part I, Line 10

Scholarship award; scholarship; emma villarubia: 104 locust street, swansea, ma, 02777; scholarship recipient, 2500.

Form 990EZ, Part I, Line 10

Scholarship award; scholarship; samantha malafronte: 8 sachem road, bristol, ri, 02809; scholarship recipient, 2500.

Form 990EZ, Part I, Line 16

Legal and professional fees 730.

Form 990EZ, Part I, Line 16

BANK FEES 15.

Raw XML Appendix167 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/PhoneNum04014515890
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011 CAROL AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BRISTOL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002809
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt052443
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERT PROULX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SUSAN PROULX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2AMY DAVOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR/BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR/BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherExpensesTotalAmt0745
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDING ANNUAL SCHOLARSHIPS FOR QUALIFIED INDIVIDUALS WHO ARE SELECTED BY THE BOARD
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIP FUND INC WAS ABLE TO PROVIDE $2,500 SCHOLARSHIPS TO FOUR 2023 GRADUATING HIGH SCHOOL SENIORS TO USE TOWARD THEIR COLLEGE EDUCATION.
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/SpecialEventsNetIncomeLossAmt041887
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0RI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt010745
IRS990EZ/TotalProgramServiceExpensesAmt010000
IRS990EZ/TotalRevenueAmt042087
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
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IRS990ScheduleA/PublicSupportTotal509Amt068859
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0200
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0200
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0NONE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt068859
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0290
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0290
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt026482
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt026482
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIP AWARD; SCHOLARSHIP; MASON FURTADO: 37 CHERRY STREET, WARREN, RI, 02885; SCHOLARSHIP RECIPIENT, 2500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SCHOLARSHIP AWARD; SCHOLARSHIP; PARKER CAMELO: 1 MASTERSON STREET, BRISTOL, RI, 02809; SCHOLARSHIP RECIPIENT, 2500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SCHOLARSHIP AWARD; SCHOLARSHIP; EMMA VILLARUBIA: 104 LOCUST STREET, SWANSEA, MA, 02777; SCHOLARSHIP RECIPIENT, 2500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SCHOLARSHIP AWARD; SCHOLARSHIP; SAMANTHA MALAFRONTE: 8 SACHEM ROAD, BRISTOL, RI, 02809; SCHOLARSHIP RECIPIENT, 2500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LEGAL AND PROFESSIONAL FEES 730.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK FEES 15.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
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ReturnHeader/BusinessOfficerGrp/PhoneNum04014515890
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-29
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ReturnHeader/Filer/EIN0933472803
ReturnHeader/Filer/PhoneNum04014515890
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
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ReturnHeader/PreparerPersonGrp/PhoneNum04013741115
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J SEVIGNY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-05-17T17:57:33-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PROULX
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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