Civic Intelligence

The Tavern Club

990 • Fiscal year 2016 • EIN 04-1893630

Sep 01, 2015 to Aug 31, 2016 • Filed on Feb 24, 2017

c/o 20 Walnut Street Ste 313Wellesley Hills, MA 02481

(781) 237-4620

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.03x

Higher debt load relative to assets than 22% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.09x

Higher debt load relative to revenue than 26% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Net Margin

31st percentile

-1.5%

Higher net margin than 31% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Asset Growth

31st percentile

-2.1%

Faster asset growth than 31% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

32nd percentile

-1.9%

Faster revenue growth than 32% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,862,063

Down $40,889 (-2.1%) from 2015

Net Assets

Up

$1,800,779

Up $23,853 (+1.3%) from 2015

Liabilities

Down

$61,284

Down $64,742 (-51%) from 2015

Revenue

Down

$665,435

Down $13,169 (-1.9%) from 2015

Expenses

Down

$675,097

Down $49,031 (-6.8%) from 2015

Net Income

Up

-$9,662

Up $35,862 (+79%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,444,447Liabilities 2010: $78,800Net Assets 2010: $1,365,6472010Assets 2011: $1,523,257Liabilities 2011: $90,104Net Assets 2011: $1,433,1532011Assets 2012: $1,533,387Liabilities 2012: $94,584Net Assets 2012: $1,438,8032012Assets 2013: $1,711,349Liabilities 2013: $128,867Net Assets 2013: $1,582,4822013Assets 2014: $1,925,739Liabilities 2014: $131,240Net Assets 2014: $1,794,4992014Assets 2015: $1,902,952Liabilities 2015: $126,026Net Assets 2015: $1,776,9262015Assets 2016: $1,862,063Liabilities 2016: $61,284Net Assets 2016: $1,800,7792016Assets 2017: $1,976,619Liabilities 2017: $39,625Net Assets 2017: $1,936,9942017Assets 2018: $2,198,160Liabilities 2018: $70,530Net Assets 2018: $2,127,6302018Assets 2019: $2,328,297Liabilities 2019: $66,248Net Assets 2019: $2,262,0492019Assets 2020: $2,320,537Liabilities 2020: $111,845Net Assets 2020: $2,208,6922020Assets 2021: $2,585,673Liabilities 2021: $56,567Net Assets 2021: $2,529,1062021Assets 2022: $2,326,915Liabilities 2022: $84,933Net Assets 2022: $2,241,9822022Assets 2023: $2,468,388Liabilities 2023: $52,760Net Assets 2023: $2,415,6282023Assets 2024: $2,636,447Liabilities 2024: $55,078Net Assets 2024: $2,581,3692024Assets 2025: $2,791,990Liabilities 2025: $64,716Net Assets 2025: $2,727,2742025

Highlighted filing

2016

Assets$1,862,063
Liabilities$61,284
Net Assets$1,800,779

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $678,2542010Expenses 2011: $707,6102011Expenses 2012: $703,1412012Expenses 2013: $611,4142013Revenue 2014: $762,361Expenses 2014: $634,842Net Income 2014: $127,5192014Revenue 2015: $678,604Expenses 2015: $724,128Net Income 2015: -$45,5242015Revenue 2016: $665,435Expenses 2016: $675,097Net Income 2016: -$9,6622016Revenue 2017: $670,543Expenses 2017: $686,295Net Income 2017: -$15,7522017Revenue 2018: $538,123Expenses 2018: $410,522Net Income 2018: $127,6012018Revenue 2019: $606,901Expenses 2019: $454,880Net Income 2019: $152,0212019Revenue 2020: $398,362Expenses 2020: $508,366Net Income 2020: -$110,0042020Revenue 2021: $413,573Expenses 2021: $360,272Net Income 2021: $53,3012021Revenue 2022: $440,241Expenses 2022: $450,342Net Income 2022: -$10,1012022Revenue 2023: $650,391Expenses 2023: $495,455Net Income 2023: $154,9362023Revenue 2024: $607,811Expenses 2024: $557,053Net Income 2024: $50,7582024Revenue 2025: $842,406Expenses 2025: $639,375Net Income 2025: $203,0312025

Highlighted filing

2016

Revenue$665,435
Expenses$675,097
Net Income-$9,662
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Feb 24, 2017
Return Version
2015v3.0
Gross Receipts
$665,435
Mission and Program Overview

Mission

NONE

Providing social activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$987,147$1,069,479▲ $82,332
Land, Buildings, and Equipment, Net$524,861$516,890▼ $7,971
Cash and Non-Interest-Bearing Accounts$191,329$186,184▼ $5,145
Accounts Receivable$71,317$63,958▼ $7,359
Prepaid Expenses and Deferred Charges$14,110$14,527▲ $417
Inventories for Sale or Use$11,025$11,025→ $0
Total Assets$1,799,789$1,862,063▲ $62,274
Liabilities
Deferred Revenue$51,820$52,045▲ $225
Accounts Payable and Accrued Expenses$8,831$9,239▲ $408
Total Liabilities$60,651$61,284▲ $633
Net Assets / Fund Balance
Temporarily Rstr Net Assets$982,252$1,004,905▲ $22,653
Unrestricted Net Assets$756,886$795,874▲ $38,988
Total Net Assets Fund Balance$1,739,138$1,800,779▲ $61,641
Total Liabilities and Net Assets / Fund Balance$1,799,789$1,862,063▲ $62,274

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$500,722$399,649$900,371
Equipment$16,168$49,840$66,008
Other Securities$1,069,479--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert OsteenPresident
Anne S RighterVice President
Andy CalkinsDirector
Anthony ZaneDirector
David EckelDirector
Elizabeth HunnewellDirector
JAD GilmoreDirector
James L TerryDirector
Jane ShawDirector
Miguel de BrangancaAssistant Treasurer
Christopher SmallhornSecretary
Deborah BornheimerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$368,775
Program Service Revenue
$245,925
Investment Income
$11,030
Other Revenue
$39,705
Change in Net Assets
$-9,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$383,804
Salaries, Compensation, and Employee Benefits$291,293
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$227,918
Occupancy---$85,432
All Other Expenses---$53,799
Other Employee Benefits---$44,330
Other Expenses---$28,343
Depreciation Depletion---$24,797
Office Expenses---$20,367
Payroll Taxes---$19,045
Total Functional Expenses$0$0$0$675,097
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The organization has members of the board of governors

Form 990, Part VI, Section A, line 7A

Members of the club elect members to the governing body

Form 990, Part VI, Section A, line 7B

Any decisions of the governing board are subject to approval by members of the board of governors

Form 990, Part VI, Section B, line 11

A copy of the Form 990 is made available to the club's governing body prior to filing

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

All board members are annually given a copy of the policy and disclosure statement at the first board of governors meeting members follow up with board members to assure compliance.

Form 990, Part VI, Section B, line 15

The governing board determines compensation for staff which is periodically reviewed with comparable data for approval.

Form 990, Part VI, Section C, line 19

The club makes the governing documents, conflict of interest policy, and financial statements available to the public upon request

Filing and Contact Details

Filer

Filer Name
Tavern Club
EIN
04-1893630
Phone
7812374620
Address
c/o 20 Walnut Street Ste 313, Wellesley Hills, MA 02481

Signing Officer

Name
David W Scudder
Title
Treasurer
Phone
7812374620
Signed
2017-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Osteen
Formed
1919
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
12
Employees
13
Volunteers
0

Preparer

Firm
SCAS CPAs PC
Address
20 Walnut Street, Wellesley Hills, MA 02481
Preparer
Michael J Cree CPAMST
Phone
7812374620
Supplemental Narrative

Additional Explanations

Page 12, Part XII, Line 2C:

The organization has not changed its oversight process

Raw XML AppendixShowing 400 of 405 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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IRS990/Form990PartVIISectionAGrp/PersonNm0Robert Osteen
IRS990/Form990PartVIISectionAGrp/PersonNm1Anne S Righter
IRS990/Form990PartVIISectionAGrp/PersonNm2Deborah Bornheimer
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IRS990/Form990PartVIISectionAGrp/PersonNm8JAD Gilmore
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IRS990/Form990PartVIISectionAGrp/PersonNm10Jane Shaw
IRS990/Form990PartVIISectionAGrp/PersonNm11Anthony Zane
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IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0900371
IRS990ScheduleD/EquipmentGrp/BookValueAmt016168
IRS990ScheduleD/EquipmentGrp/DepreciationAmt049840
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt066008
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01069479
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Publicly traded mutual funds
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0516890
IRS990ScheduleD/TotalBookValueSecuritiesAmt01069479
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization has members of the board of governors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members of the club elect members to the governing body
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Any decisions of the governing board are subject to approval by members of the board of governors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A copy of the Form 990 is made available to the club's governing body prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All board members are annually given a copy of the policy and disclosure statement at the first board of governors meeting members follow up with board members to assure compliance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The governing board determines compensation for staff which is periodically reviewed with comparable data for approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The club makes the governing documents, conflict of interest policy, and financial statements available to the public upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The organization has not changed its oversight process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Page 12, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Boylston Place Foundation Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0300673296
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0To preserve and protect the art works owned by the Tavern Club
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Effective 5/13/10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04 Boylston Place
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Boston
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002116
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0982252
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01004905
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01799789
IRS990/TotalAssetsEOYAmt01862063
IRS990/TotalAssetsGrp/BOYAmt01799789
IRS990/TotalAssetsGrp/EOYAmt01862063
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0368775
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/TotalAmt0675097
IRS990/TotalGrossUBIAmt049618
IRS990/TotalLiabilitiesBOYAmt060651
IRS990/TotalLiabilitiesEOYAmt061284
IRS990/TotalLiabilitiesGrp/BOYAmt060651
IRS990/TotalLiabilitiesGrp/EOYAmt061284
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01739138
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01800779
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0245925
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0247042
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0665435
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt049618
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01799789
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01862063
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0756886
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0795874
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04 Boylston Place
IRS990/USAddress/CityNm0Boston
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002116
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0David W Scudder
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07812374620
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Tavern Club
ReturnHeader/Filer/BusinessNameControlTxt0TAVE
ReturnHeader/Filer/EIN0041893630
ReturnHeader/Filer/PhoneNum07812374620
ReturnHeader/Filer/USAddress/AddressLine1Txt0c/o 20 Walnut Street Ste 313
ReturnHeader/Filer/USAddress/CityNm0Wellesley Hills
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002481
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042745810
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCAS CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020 Walnut Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Wellesley Hills
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002481
ReturnHeader/PreparerPersonGrp/PhoneNum07812374620
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael J Cree CPAMST

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.79$0.06$2.73$0.84$0.64$0.20
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.64$0.06$2.58$0.61$0.56$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.47$0.05$2.42$0.65$0.50$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$0.08$2.24$0.44$0.45$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$0.06$2.53$0.41$0.36$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.32$0.11$2.21$0.40$0.51$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$0.07$2.26$0.61$0.45$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.07$2.13$0.54$0.41$0.13
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.04$1.94$0.67$0.69$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.86$0.06$1.80$0.67$0.68$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.13$1.78$0.68$0.72$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.93$0.13$1.79$0.76$0.63$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.13$1.58$0.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.09$1.44$0.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.09$1.43$0.71
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.08$1.37$0.68