Civic Intelligence

South Shore Charter Educational Foundation Inc.

990 • Fiscal year 2019 • EIN 03-0528760

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 07, 2020

Organization ProfileN/A
100 Longwater CircleNorwell, MA 02061

(781) 982-4202

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.04x

Higher debt load relative to assets than 93% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

97th percentile

8.33x

Higher debt load relative to revenue than 97% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

84th percentile

29%

Higher net margin than 84% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

82nd percentile

$142,415

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 24.6% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

26th percentile

-3.1%

Faster asset growth than 26% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

94th percentile

124%

Faster revenue growth than 94% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$4,638,620

Down $148,566 (-3.1%) from 2018

Net Assets

Up

-$194,799

Up $170,552 (+47%) from 2018

Liabilities

Down

$4,833,419

Down $319,118 (-6.2%) from 2018

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin84th percentile

Revenue

Up

$579,941

Up $320,679 (+124%) from 2018

Expenses

Up

$409,012

Up $326,687 (+397%) from 2018

Net Income

Down

$170,929

Down $6,008 (-3.4%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $5,661,911Liabilities 2010: $6,888,750Net Assets 2010: -$1,226,8392010Assets 2011: $5,565,610Liabilities 2011: $6,760,771Net Assets 2011: -$1,195,1612011Assets 2012: $5,405,784Liabilities 2012: $6,515,296Net Assets 2012: -$1,109,5122012Assets 2013: $5,299,896Liabilities 2013: $6,336,090Net Assets 2013: -$1,036,1942013Assets 2014: $5,133,006Liabilities 2014: $6,155,209Net Assets 2014: -$1,022,2032014Assets 2015: $5,004,363Liabilities 2015: $5,899,739Net Assets 2015: -$895,3762015Assets 2016: $4,958,511Liabilities 2016: $5,677,155Net Assets 2016: -$718,6442016Assets 2017: $4,835,302Liabilities 2017: $5,376,424Net Assets 2017: -$541,1222017Assets 2018: $4,787,186Liabilities 2018: $5,152,537Net Assets 2018: -$365,3512018Assets 2019: $4,638,620Liabilities 2019: $4,833,419Net Assets 2019: -$194,7992019Assets 2020: $13,526,250Liabilities 2020: $13,425,498Net Assets 2020: $100,7522020Assets 2021: $13,395,998Liabilities 2021: $12,924,630Net Assets 2021: $471,3682021Assets 2022: $13,152,999Liabilities 2022: $12,353,387Net Assets 2022: $799,6122022Assets 2023: $12,978,965Liabilities 2023: $11,819,869Net Assets 2023: $1,159,0962023Assets 2024: $12,810,127Liabilities 2024: $11,256,366Net Assets 2024: $1,553,7612024Assets 2025: $12,593,173Liabilities 2025: $10,637,512Net Assets 2025: $1,955,6612025

Highlighted filing

2019

Assets$4,638,620
Liabilities$4,833,419
Net Assets-$194,799
Open 2019 Filing

Operations Trend

Revenue Growth94th percentile

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

$800K$600K$400K$200K$0Expenses 2010: $64,7342010Expenses 2011: $93,9432011Expenses 2012: $68,1112012Revenue 2013: $143,804Expenses 2013: $70,486Net Income 2013: $73,3182013Revenue 2014: $205,645Expenses 2014: $78,570Net Income 2014: $127,0752014Revenue 2015: $212,245Expenses 2015: $85,046Net Income 2015: $127,1992015Revenue 2016: $265,504Expenses 2016: $86,687Net Income 2016: $178,8172016Revenue 2017: $262,278Expenses 2017: $89,736Net Income 2017: $172,5422017Revenue 2018: $259,262Expenses 2018: $82,325Net Income 2018: $176,9372018Revenue 2019: $579,941Expenses 2019: $409,012Net Income 2019: $170,9292019Revenue 2020: $657,762Expenses 2020: $359,906Net Income 2020: $297,8562020Revenue 2021: $666,668Expenses 2021: $311,629Net Income 2021: $355,0392021Revenue 2022: $634,199Expenses 2022: $302,325Net Income 2022: $331,8742022Revenue 2023: $663,716Expenses 2023: $310,455Net Income 2023: $353,2612023Revenue 2024: $657,898Expenses 2024: $274,745Net Income 2024: $383,1532024Revenue 2025: $669,649Expenses 2025: $273,001Net Income 2025: $396,6482025

Highlighted filing

2019

Revenue$579,941
Expenses$409,012
Net Income$170,929
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 7, 2020
Return Version
2018v3.1
Gross Receipts
$600,871
Mission and Program Overview

Mission

To raise funds and support the functions of the south shore charter public school(the school), and to own and maintain the facility at which the school is located.

To raise money on behalf of south shore charter public school (the school) and own and maintain a facility for the school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,586,914$4,490,715▼ $96,199
Savings and Temporary Cash Investments$163,658$111,593▼ $52,065
Investments in Publicly Traded Securities$35,804$35,259▼ $545
Accounts Receivable$810$1,053▲ $243
Total Assets$4,787,186$4,638,620▼ $148,566
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,110,160$4,832,456▼ $277,704
Other Liabilities$42,377$0▼ $42,377
Accounts Payable and Accrued Expenses$0$963▲ $963
Total Liabilities$5,152,537$4,833,419▼ $319,118
Net Assets / Fund Balance
Temporarily Rstr Net Assets$14,124$47,860▲ $33,736
Permanently Rstr Net Assets$10,000$10,000→ $0
Unrestricted Net Assets$-389,475$-252,659▲ $136,816
Total Net Assets Fund Balance$-365,351$-194,799▲ $170,552
Total Liabilities and Net Assets / Fund Balance$4,787,186$4,638,620▼ $148,566

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,332,641$1,211,459$3,544,100
Land$1,955,900-$1,955,900
Other Land Buildings$202,174$101,732$303,906

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$10,000---$10,000
2017$10,000---$10,000
2016$10,000---$10,000
2015$10,000---$10,000
2014$10,000---$10,000
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleOtherTotal
Alicia SavagePresident$142,415$142,415

Board Members and Trustees

NameTitle
Julia SilzerVice Chair
Frank S Posluszny JrDirector
Jacqueline LeachDirector
Josephine LoughnaneDirector
Prudence GoodaleDirector
Steven GilmanClerk
Eric GreeneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$55,778
Program Service Revenue
$496,998
Investment Income
$0
Other Revenue
$27,165
All Other Contributions
$17,657
Change in Net Assets
$170,929
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$319,301
Grants and Similar Amounts Paid$89,711
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$219,295--$219,295
Depreciation Depletion$96,199--$96,199
Grants to Domestic Orgs$89,711--$89,711
Other Expenses-$1,781-$1,781
Office Expenses-$1,736-$1,736
Fees for Services Accounting-$290-$290
Total Functional Expenses$405,205$3,807$0$409,012
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
South Shore Charter Public SchoolNorwell, MA170(b)(1)(a)(ii)Support the Functions of the School.$89,711
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$48,095
Fundraising Direct Expenses$20,930
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Auction$51,333$43,933$3,684$40,249
Harvest Run$8,762$4,162$2,700$1,462
Total Events$86,216$48,095$20,930$27,165
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMassachusetts Development Finance Agency2008-05-01$7,200,000BOND ISSUED FOR BUILDING

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$7,200,000-$2,367,544-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization does not currently have any committees with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The organization's governing body reviews the 990 by comparing the data to the financial statements and the organization's general information.”

Form 990, Part VI, Section B, Line 12C

“The foundation annually sends all officers and trustees a disclosure statement to sign. Additional conflict questionnaires are given when and if a member is involved in financial or other activities for the foundation that could give rise to conflict of interest.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
South Shore Charter Educational
EIN
03-0528760
Phone
7819824202
Address
100 LONGWATER CIRCLE, NORWELL, MA 02061

Signing Officer

Name
Eric Greene
Title
Treasurer
Phone
7819824202
Signed
2020-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Greene
Formed
2004
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
5
Employees
0
Volunteers
500

Preparer

Firm
Alexander Aronson Finning & Co Pc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Matthew T Mcginnis CPA
Phone
5083669100
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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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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FOUNDATION EXISTS TO SUPPORT THE CHARTER SCHOOL, A STATE CHARTERED ORGANIZATION. THE FOUNDATION MAKES GRANTS TO THE SCHOOL. THE FOUNDATION GRANTED THE SCHOOL $89,711 FOR THE YEAR ENDED JUNE 30, 2019.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE EXECUTIVE DIRECTOR OF THE SUPPORTED ORGANIZATION (THE SCHOOL) IS THE BOARD PRESIDENT OF THE FOUNDATION. IN ADDITION, THE FOUNDATION EXISTS ONLY TO SUPPORT THE SCHOOL.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 1C:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION D, LINE 2:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0043282881
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt089711
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SOUTH SHORE CHARTER PUBLIC SCHOOL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt089711
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02332641
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01211459
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03544100
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt010000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt010000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt010000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt010000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt010000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt010000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt010000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt010000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt010000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt010000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/LandGrp/BookValueAmt01955900
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01955900
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0202174
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0101732
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0303906
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04490715
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt01874
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt01874
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt038121
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt07400
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt04600
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt026121
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt020930
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01500
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0HARVEST RUN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt051333
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08762
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt026121
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt086216
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt043933
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt04162
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt048095
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt027165
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt06294
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt0285
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt06579
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0390
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06774
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03684
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02700
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt04203
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04203
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt089711
IRS990ScheduleI/RecipientTable/IRCSectionDesc0170(B)(1)(A)(II)
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT THE FUNCTIONS OF THE SCHOOL.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SOUTH SHORE CHARTER PUBLIC SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0043282881
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0100 LONGWATER CIRCLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NORWELL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002061
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION CURRENTLY GIVES GRANTS TO SOUTH SHORE CHARTER PUBLIC SCHOOL. GRANTS ARE REQUESTED AND THEN APPROVED AT THE TRUSTEES' MEETINGS. THIS APPROVAL IS DONE BY VOTING. GRANT FUNDS IF RESTRICTED IN NATURE CAN ONLY BE DISBURSED WITH BACKUP.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeProviderName/BusinessNameLine1Txt0BOSTON PRIVATE BANK
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/TermOfHedgePct010.000000000000
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02008-05-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0043431814
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt07200000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0MASSACHUSETTS DEVELOPMENT FINANCE AGENCY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0BOND ISSUED FOR BUILDING
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt02367544
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02008
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt07200000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT CURRENTLY HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING BODY REVIEWS THE 990 BY COMPARING THE DATA TO THE FINANCIAL STATEMENTS AND THE ORGANIZATION'S GENERAL INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION ANNUALLY SENDS ALL OFFICERS AND TRUSTEES A DISCLOSURE STATEMENT TO SIGN. ADDITIONAL CONFLICT QUESTIONNAIRES ARE GIVEN WHEN AND IF A MEMBER IS INVOLVED IN FINANCIAL OR OTHER ACTIVITIES FOR THE FOUNDATION THAT COULD GIVE RISE TO CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,638,620
Liabilities
$4,833,419
Net assets
-$194,799
Revenue
$579,941
Expenses
$409,012
Net income
$170,929
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$12.6$10.6$1.96$0.67$0.27$0.40
2024Detailed filing. Detailed filing data is available for this year.$12.8$11.3$1.55$0.66$0.27$0.38
2023Detailed filing. Detailed filing data is available for this year.$13.0$11.8$1.16$0.66$0.31$0.35
2022Detailed filing. Detailed filing data is available for this year.$13.2$12.4$0.80$0.63$0.30$0.33
2021Detailed filing. Detailed filing data is available for this year.$13.4$12.9$0.47$0.67$0.31$0.36
2020Detailed filing. Detailed filing data is available for this year.$13.5$13.4$0.10$0.66$0.36$0.30
2019Detailed filing. Detailed filing data is available for this year.$4.64$4.83$0.19$0.58$0.41$0.17
2018Detailed filing. Detailed filing data is available for this year.$4.79$5.15$0.37$0.26$0.08$0.18
2017Detailed filing. Detailed filing data is available for this year.$4.84$5.38$0.54$0.26$0.09$0.17
2016Detailed filing. Detailed filing data is available for this year.$4.96$5.68$0.72$0.27$0.09$0.18
2015Detailed filing. Detailed filing data is available for this year.$5.00$5.90$0.90$0.21$0.09$0.13
2014Detailed filing. Detailed filing data is available for this year.$5.13$6.16$1.02$0.21$0.08$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.30$6.34$1.04$0.14$0.07$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.41$6.52$1.11$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.57$6.76$1.20$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.66$6.89$1.23$0.06