Civic Intelligence

Interfaith Social Services Inc.

990 • Fiscal year 2015 • EIN 04-2104853

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 04, 2016

105 Adams StreetQuincy, MA 02169-2004

(617) 773-6203

Siviq Scores

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

Liabilities / Assets

39th percentile

0.05x

Higher debt load relative to assets than 39% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

26th percentile

0.02x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

36th percentile

-1.0%

Higher net margin than 36% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

40th percentile

-1.4%

Faster asset growth than 40% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

72nd percentile

15%

Faster revenue growth than 72% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$969,170

Down $14,021 (-1.4%) from 2014

Net Assets

Down

$924,978

Down $19,182 (-2.0%) from 2014

Liabilities

Up

$44,192

Up $5,161 (+13%) from 2014

Revenue

Up

$1,994,851

Up $266,811 (+15%) from 2014

Expenses

Up

$2,014,033

Up $224,481 (+13%) from 2014

Net Income

Up

-$19,182

Up $42,330 (+69%) from 2014

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: $969,730Liabilities 2010: $30,133Net Assets 2010: $939,5972010Assets 2011: $980,908Liabilities 2011: $38,618Net Assets 2011: $942,2902011Assets 2012: $997,421Liabilities 2012: $23,920Net Assets 2012: $973,5012012Assets 2013: $1,040,148Liabilities 2013: $34,476Net Assets 2013: $1,005,6722013Assets 2014: $983,191Liabilities 2014: $39,031Net Assets 2014: $944,1602014Assets 2015: $969,170Liabilities 2015: $44,192Net Assets 2015: $924,9782015Assets 2016: $1,018,908Liabilities 2016: $45,052Net Assets 2016: $973,8562016Assets 2017: $1,105,960Liabilities 2017: $59,631Net Assets 2017: $1,046,3292017Assets 2018: $1,212,409Liabilities 2018: $78,007Net Assets 2018: $1,134,4022018Assets 2019: $1,261,154Liabilities 2019: $61,437Net Assets 2019: $1,199,7172019Assets 2020: $1,706,810Liabilities 2020: $98,106Net Assets 2020: $1,608,7042020Assets 2021: $2,410,547Liabilities 2021: $131,451Net Assets 2021: $2,279,0962021Assets 2022: $2,649,478Liabilities 2022: $84,187Net Assets 2022: $2,565,2912022Assets 2023: $2,814,904Liabilities 2023: $243,668Net Assets 2023: $2,571,2362023Assets 2024: $2,954,257Liabilities 2024: $230,506Net Assets 2024: $2,723,7512024

Highlighted filing

2015

Assets$969,170
Liabilities$44,192
Net Assets$924,978

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,144,6132010Revenue 2011: $1,123,086Expenses 2011: $1,138,629Net Income 2011: -$15,5432011Expenses 2012: $1,458,7322012Revenue 2013: $1,645,199Expenses 2013: $1,626,148Net Income 2013: $19,0512013Revenue 2014: $1,728,040Expenses 2014: $1,789,552Net Income 2014: -$61,5122014Revenue 2015: $1,994,851Expenses 2015: $2,014,033Net Income 2015: -$19,1822015Revenue 2016: $1,954,527Expenses 2016: $1,905,649Net Income 2016: $48,8782016Revenue 2017: $1,760,109Expenses 2017: $1,687,636Net Income 2017: $72,4732017Revenue 2018: $2,105,605Expenses 2018: $2,017,532Net Income 2018: $88,0732018Revenue 2019: $2,067,969Expenses 2019: $2,002,654Net Income 2019: $65,3152019Revenue 2020: $2,712,346Expenses 2020: $2,303,359Net Income 2020: $408,9872020Revenue 2021: $3,499,515Expenses 2021: $2,829,123Net Income 2021: $670,3922021Revenue 2022: $3,988,620Expenses 2022: $3,702,425Net Income 2022: $286,1952022Revenue 2023: $4,257,293Expenses 2023: $4,251,348Net Income 2023: $5,9452023Revenue 2024: $4,639,612Expenses 2024: $4,493,359Net Income 2024: $146,2532024

Highlighted filing

2015

Revenue$1,994,851
Expenses$2,014,033
Net Income-$19,182
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 4, 2016
Return Version
2014v6.0
Gross Receipts
$2,054,154
Mission and Program Overview

Mission

Interfaith supports south shore families with resources for a healthy and fulfilling life. Our staff and volunteers deliver programs that alleviate hunger, offer mental health counseling and emergency financial assistance.

Interfaith social services is a multiservice center for families and individuals dedicated to strengthening family life and offering assistance to the south shore, feeding, clothing and comforting our neighbors in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$637,613$662,964▲ $25,351
Savings and Temporary Cash Investments$269,670$209,142▼ $60,528
Inventories for Sale or Use$42,173$38,114▼ $4,059
Prepaid Expenses and Deferred Charges$19,838$29,968▲ $10,130
Cash and Non-Interest-Bearing Accounts$7,761$21,766▲ $14,005
Accounts Receivable$6,136$7,216▲ $1,080
Total Assets$983,191$969,170▼ $14,021
Liabilities
Other Liabilities$26,361$25,841▼ $520
Deferred Revenue-$10,550-
Accounts Payable and Accrued Expenses$12,670$7,801▼ $4,869
Total Liabilities$39,031$44,192▲ $5,161
Net Assets / Fund Balance
Unrestricted Net Assets$879,727$911,527▲ $31,800
Temporarily Rstr Net Assets$64,433$13,451▼ $50,982
Total Net Assets Fund Balance$944,160$924,978▼ $19,182
Total Liabilities and Net Assets / Fund Balance$983,191$969,170▼ $14,021

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$583,558$201,148$784,706
Equipment$29,406$54,216$83,622
Land$50,000-$50,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jim ThornePresident
Bernard DasilvaDirector
Brian ManningDirector
Gabriel AratoDirector
Judy ManningDirector
Kristen KochDirector
Nicole BurnettDirector
Todd BroderickDirector
Cheryl Carlson1st Asst Tre
Donna Eliasson1st V Presid
Sandy Johnson2nd Asst Tre
JOHN O'DONNELL2nd V Presid
Cynthia LeeSecretary
Maggie TrudelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,968,821
Program Service Revenue
$61,240
Investment Income
$731
Other Revenue
$-35,941
All Other Contributions
$1,748,122
Change in Net Assets
$-19,182

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory855,674$1,249,0431.27 Gbfb 1.72 Other /lb
Clothing and Household Goods-$64,550Resale Value
Other Non Cash Contri Table5$12,580Value of Items Donated
Other Non Cash Contri Table2$3,155Value of Items Donated
Total Noncash Contributions855,681$1,329,328-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,994,851
Total Revenue per Audited Statements
$1,994,851
Total Revenue per Form 990
$1,994,851
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,436,836
Salaries, Compensation, and Employee Benefits$293,711
Other Expenses$265,836
Total Fundraising Expense$102,606
Professional Fundraising Fees$17,650

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,436,836--$1,436,836
Other Salaries and Wages$133,647$19,568$16,104$169,319
Current Officers, Directors, Trustees, and Key Employees$29,989$26,669$29,074$85,732
Fees for Services Other$75,530$105$575$76,210
Occupancy$42,980$5,116$1,297$49,393
Office Expenses$13,035$16,767$4,730$34,532
Depreciation Depletion$26,936$3,084-$30,020
Payroll Taxes$13,769$3,533$3,450$20,752
Fees for Services Professional Fundraising--$17,650$17,650
Fees for Services Accounting-$15,615-$15,615
All Other Expenses$2,121$4,167$3,080$9,368
Other Employee Benefits$4,169$3,812$1,224$9,205
Pension Plan Contributions$6,890$1,116$697$8,703
Insurance$5,107$1,613$172$6,892
Advertising$5,461$487$189$6,137
Travel$4,908$605$67$5,580
Information Technology$1,717$1,925$28$3,670
Other Expenses-$2,611$2,830$2,611
Conferences and Meetings$550$989$95$1,634
Total Functional Expenses$1,803,645$107,782$102,606$2,014,033

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,014,033
Total Expenses per Audited Statements$2,014,033
Total Expenses per Form 990$2,014,033
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$59,303
Fundraising Gross Income$22,500
Professional Fundraising Fees$17,650

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$230,199$22,500$30,878$-8,378
Total Events$230,199$22,500$59,303$-36,803
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$18,441
Fica Withheld$2,375
EMPLOYER'S FICA LIABILITY$2,375
Fed Inc Tax Withheld$1,505
Accrued Sales Tax Payable$621
Accrued Suta$378
Other$146
Deferred Revenue-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI

Part vi. Governance, management, and disclosure section a. Governing body and management line 1a. The executive committee consists of all board officers, committee chairs and key personnel. All voting members are on the board of directors. The committee is empowered to: prepare and present proposals to the board of directors for consideration, assume all powers of the board in emergency situations as declared by the president, authorize purchases in excess of 500, and authorize and present a draft version of the budget for board approval.

Form 990, Page 6, Part VI, Line 2

Brian manning judy manning director director husband and wife

Form 990, Page 6, Part VI, Line 9

Jim thorne 78 granite place milton, ma 02186 donna eliasson 77 sherrick ave. Holbrook, ma 02343 john o'donnell 34 ridgewood crossing hingham, ma 02043 maggie trudel 11 wynot road braintree, ma 02184 cheryl carlson 42 cranch st quincy, ma 02169 sandy johnson 22 terne road quincy, ma 02169 cynthia lee 254 lisle street braintree, ma 02184 gabriel arato 292 water st quincy, ma 02169 todd broderick 3 cedarwood rd scituate, ma 02066 nicole burnett 22 middleton street dorchester, ma 02124 bernard dasilva 770 north montello s brockton, ma 02301 kristen koch 541 main st weymouth, ma 02190 brian manning 71 thetford avenue braintree, ma 02184 judy manning 71 thetford avenue braintree, ma 02184

Form 990, Page 6, Part VI, Line 11B

The organization's treasurer and executive director prepared the form 990 with the assistance of an external auditor. Upon completion an electronic copy is made available to all board members for review.

Form 990, Page 6, Part VI, Line 12C

The organization currently has a conflicts of interest policy which has been ratified by the board of directors. Monitoring, compliance and if applicable enforcement are evaluated once a year preceding our annual meeting.

Form 990, Page 6, Part VI, Line 15A

The executive committee sets up a subcommittee to review resumes and coordinates 1st interviews when hiring the executive director. Second interviews are done by the board of directors and include all employees and volunteers who are interested in participating in the process. The salary is based on market conditions and what the organization can afford to pay. An annual review is conducted each year to determine whether a moderate merit based pay increase is warranted.

Form 990, Page 6, Part VI, Line 19

All annual reports, form 990s and pc, as well as all governing documents, conflict of interest policy, and audited financial statements are stored at our offices at 105 adams street, quincy, ma 02169. They are available for public inspection upon appointment. Also, all forms are on file with the state's attorney general.

Filing and Contact Details

Filer

Filer Name
Interfaith Social Services Inc
EIN
04-2104853
Phone
6177736203
Address
105 ADAMS STREET, QUINCY, MA 02169-2004

Signing Officer

Name
Richard Doane
Title
Executive Director
Phone
6177736203
Signed
2016-02-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Thorne
Voting Board Members
14
Independent Board Members
14
Employees
10
Volunteers
866

Preparer

Firm
Campbell Devasto & Associates Cpas
Address
2001 BEACON STREET SUITE 314, BRIGHTON, MA 02135-7786
Preparer
Paul J Devasto
Phone
6177312333
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

The organization provided clothing and other household goods at nominal expense to individuals

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt41ST ASST TRE
IRS990/Form990PartVIISectionAGrp/TitleTxt52ND ASST TRE
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/InsuranceGrp/FundraisingAmt0172
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IRS990/MissionDesc0INTERFAITH SOCIAL SERVICES IS A MULTISERVICE CENTER FOR FAMILIES AND INDIVIDUALS DEDICATED TO STRENGTHENING FAMILY LIFE AND OFFERING ASSISTANCE TO THE SOUTH SHORE, FEEDING, CLOTHING AND COMFORTING OUR NEIGHBORS IN NEED.
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IRS990/OtherExpensesGrp/Desc1DEVELOPMENT EXPENSE
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IRS990/OtherExpensesGrp/Desc3VOLUNTEER APPRECIATION
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IRS990/OtherExpensesGrp/FundraisingAmt18562
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IRS990/PrincipalOfficerNm0JIM THORNE
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IRS990/ProgramServiceRevenueGrp/Desc0CLIENT COUNSELING FEES CO
IRS990/ProgramServiceRevenueGrp/Desc1ADA BACON ADMINISTRATION FEES
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION HELPED 911 INDIVIDUALS VIA GRANTS OF FINANCIAL ASSISTANCE TO PREVENT HOMELESSNESS AND PROVIDE EMERGENCY SUPPORT TO IMPOVERISHED FAMILIES AND INDIVIDUALS.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt04920
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION DISTRIBUTED APPROXIMATELY 855,674 POUNDS OF FOOD OVER 17,621 INDIVIDUALS AS WELL AS PROVIDING FREE PROFESSIONAL CLOTHING TO LOW INCOME JOB SEEKERS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01471708
IRS990/ProgSrvcAccomActy3Grp/GrantAmt01353187
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE ORGANIZATION PROVIDED CLOTHING AND OTHER HOUSEHOLD GOODS AT NOMINAL EXPENSE TO INDIVIDUALS
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IRS990/PYTotalExpensesAmt01789552
IRS990/PYTotalProfFndrsngExpnsAmt021260
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IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-19182
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IRS990/RevenueAmt061240
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0269670
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0209142
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 16,163 ANNUAL MEETING INCOME 4,270 FUNDRAISING EVENTS -97,932
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.95$0.23$2.72$4.64$4.49$0.15
2023Detailed filing. Detailed filing data is available for this year.$2.81$0.24$2.57$4.26$4.25$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.65$0.08$2.57$3.99$3.70$0.29
2021Detailed filing. Detailed filing data is available for this year.$2.41$0.13$2.28$3.50$2.83$0.67
2020Detailed filing. Detailed filing data is available for this year.$1.71$0.10$1.61$2.71$2.30$0.41
2019Detailed filing. Detailed filing data is available for this year.$1.26$0.06$1.20$2.07$2.00$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.21$0.08$1.13$2.11$2.02$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.11$0.06$1.05$1.76$1.69$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.02$0.05$0.97$1.95$1.91$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.97$0.04$0.92$1.99$2.01$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.98$0.04$0.94$1.73$1.79$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.03$1.01$1.65$1.63$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.02$0.97$1.46
2011Summary only. Only limited summary data is available for this year.$0.98$0.04$0.94$1.12$1.14$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.03$0.94$1.14