Nonprofit · EIN 06-1195345
CHRISTOPHER POTVIN SCHOLAR ATHLETE FUND INC
Tax-exempt · OLD LYME, CT 06371
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $54,985 | $53,144 | $1,841 | $2,402 | – | $2,402 |
| December 31, 2023 | 990-EZ | $55,609 | $56,781 | -$1,172 | $561 | – | $561 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $12,727
- Net income from fundraising events
- $42,258
Expenses
- Grants and similar amounts paid
- $53,000
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $144
- Program services (functional)
- $64,040
Balance sheet and other
- Total assets, start of year
- $561
- Total assets, end of year
- $2,402
- Total liabilities, end of year
- –
- Net assets, end of year
- $2,402
- Cash, savings and investments
- $2,402
- Gross receipts
- $66,025
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINE POTVIN | VICE-PRESIDE | 1 | $0 |
| TIESHA DIMAGGIO | SECRETARY | 3 | $0 |
| WILLIAM BUSCETTO | PRESIDENT | 3 | $0 |
| DIANA BUSCETTO | TRUSTEE | 1 | $0 |
| THOMAS DIMAGGIO | TREASURER | 5 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINE POTVIN | VICE-PRESIDE | 1 | $0 |
| TIESHA DIMAGGIO | SECRETARY | 3 | $0 |
| WILLIAM BUSCETTO | PRESIDENT | 3 | $0 |
| DIANA BUSCETTO | TRUSTEE | 1 | $0 |
| THOMAS DIMAGGIO | TREASURER | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 222, OLD LYME, CT 06371-0222
- In care of
- % LEONARD G CONTILLO JR
- Signed the 990-EZ
- WILLIAM BUSCETTO, PRESIDENT
- Phone
- (860) 514-5144
- Website
- WWW.CHRISPOTVINFUND.COM
- Return prepared by
- HALLORAN & ASSOCIATES LLC
Mission
ENCOURAGING AND SUPPORTING GOOD SPORTSMANSHIP IN YOUTHS BY RAISING FUNDS AND DISTRIBUTING SCHOLARSHIPS TO COLLEGE BOUND SCHOLAR ATHLETES IN THE SOUTHEASTERN CONNECTICUT AREA.
Program accomplishments
- THE ORGANIZATION DISTRIBUTED FIFTY-THREE SCHOLARSHIPS OF 1,000 EACH TO COLLEGE BOUND SCHOLAR ATHLETES. THE SELECTION PROCESS IS AS FOLLOWS: 1. INTERESTED STUDENT ATHLETES SUBMIT AN APPLICATION WITH OFFICIAL HIGH SCHOOL TRANSCRIPT AND RECOMMENDATIONS FROM PERSONS OF ATHLETIC INFLUENCE. 2. SCHOLARSHIP APPLICANTS ARE SELECTED BY AN AWARDS COMMITTEE BASED ON THE APPLICANTS TRANSCRIPT AND TRANSCRIPT DATA. 3. APPLICANTS SELECTED MAY PARTICIPATE IN A PERSONAL INTERVIEW WITH THE SCHOLARSHIP COMMITTEE. EACH YEAR FIVE INDIVIDUALS ARE SELECTED TO PARTICIPATE IN THE AWARDS COMMITTEE TO SINGLY AND COLLECTIVELY CHOOSE THE TOP TWENTY PERCENT OF APPLICANTS. THE EXECUTIVE COMMITTEE THEN SELECTS THE FINAL NUMBER OF SCHOLARSHIPS TO BE AWARDED THAT YEAR.Expenses $64,040 · grants $53,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 06-1195345
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,402
- Income (IRS master file)
- $66,025
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $54,985 | $53,144 | $2,402 | IRS |
| 990-EZ | December 2023 | $55,609 | $56,781 | $561 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1195345).
Questions about CHRISTOPHER POTVIN SCHOLAR ATHLETE FUND INC
- What is the EIN of CHRISTOPHER POTVIN SCHOLAR ATHLETE FUND INC?
- The employer identification number (EIN) of CHRISTOPHER POTVIN SCHOLAR ATHLETE FUND INC is 06-1195345.
- Is CHRISTOPHER POTVIN SCHOLAR ATHLETE FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to CHRISTOPHER POTVIN SCHOLAR ATHLETE FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHRISTOPHER POTVIN SCHOLAR ATHLETE FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHRISTOPHER POTVIN SCHOLAR ATHLETE FUND INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHRISTOPHER POTVIN SCHOLAR ATHLETE FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of CHRISTOPHER POTVIN SCHOLAR ATHLETE FUND INC?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does CHRISTOPHER POTVIN SCHOLAR ATHLETE FUND INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $54,985, expenses of $53,144 and total assets of $2,402 at year end.
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