Civic Intelligence

Wellesley Abc Program Inc.

990 • Fiscal year 2015 • EIN 04-2503812

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 18, 2015

Organization ProfileWWW.WELLESLEYABC.ORG
396 Washington Street No 221Wellesley, MA 02481

(781) 235-9789

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

72nd percentile

16%

Higher net margin than 72% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

57th percentile

5.8%

Faster asset growth than 57% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

49th percentile

0.6%

Faster revenue growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$439,252

Up $24,043 (+5.8%) from 2014

Net Assets

Up

$434,967

Up $29,866 (+7.4%) from 2014

Liabilities

Down

$4,285

Down $5,823 (-58%) from 2014

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin72nd percentile

Revenue

Up

$176,562

Up $973 (+0.6%) from 2014

Expenses

Up

$148,376

Up $12,660 (+9.3%) from 2014

Net Income

Down

$28,186

Down $11,687 (-29%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $220,687Liabilities 2010: $2,748Net Assets 2010: $217,9392010Assets 2011: $279,439Liabilities 2011: $7,443Net Assets 2011: $271,9962011Assets 2012: $320,206Liabilities 2012: $13,201Net Assets 2012: $307,0052012Assets 2013: $368,231Liabilities 2013: $9,301Net Assets 2013: $358,9302013Assets 2014: $415,209Liabilities 2014: $10,108Net Assets 2014: $405,1012014Assets 2015: $439,252Liabilities 2015: $4,285Net Assets 2015: $434,9672015Assets 2016: $539,164Liabilities 2016: $4,137Net Assets 2016: $535,0272016Assets 2017: $560,040Liabilities 2017: $3,537Net Assets 2017: $556,5032017Assets 2018: $522,143Liabilities 2018: $3,587Net Assets 2018: $518,5562018Assets 2019: $1,092,879Liabilities 2019: $5,175Net Assets 2019: $1,087,7042019Assets 2020: $1,607,273Liabilities 2020: $307,798Net Assets 2020: $1,299,4752020Assets 2021: $1,601,400Liabilities 2021: $286,308Net Assets 2021: $1,315,0922021Assets 2022: $1,588,152Liabilities 2022: $275,017Net Assets 2022: $1,313,1352022Assets 2023: $1,563,137Liabilities 2023: $251,934Net Assets 2023: $1,311,2032023Assets 2024: $1,535,512Liabilities 2024: $256,586Net Assets 2024: $1,278,9262024

Highlighted filing

2015

Assets$439,252
Liabilities$4,285
Net Assets$434,967
Open 2015 Filing

Operations Trend

Revenue Growth49th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $179,340Expenses 2010: $126,110Net Income 2010: $53,2302010Revenue 2011: $171,662Expenses 2011: $129,937Net Income 2011: $41,7252011Revenue 2012: $157,738Expenses 2012: $118,131Net Income 2012: $39,6072012Revenue 2013: $186,911Expenses 2013: $137,263Net Income 2013: $49,6482013Revenue 2014: $175,589Expenses 2014: $135,716Net Income 2014: $39,8732014Revenue 2015: $176,562Expenses 2015: $148,376Net Income 2015: $28,1862015Revenue 2016: $237,138Expenses 2016: $139,275Net Income 2016: $97,8632016Revenue 2017: $173,318Expenses 2017: $157,274Net Income 2017: $16,0442017Revenue 2018: $113,307Expenses 2018: $155,951Net Income 2018: -$42,6442018Revenue 2019: $683,310Expenses 2019: $124,812Net Income 2019: $558,4982019Revenue 2020: $342,860Expenses 2020: $140,342Net Income 2020: $202,5182020Revenue 2021: $218,154Expenses 2021: $203,386Net Income 2021: $14,7682021Revenue 2022: $168,275Expenses 2022: $169,695Net Income 2022: -$1,4202022Revenue 2023: $172,414Expenses 2023: $179,391Net Income 2023: -$6,9772023Revenue 2024: $142,057Expenses 2024: $175,900Net Income 2024: -$33,8432024

Highlighted filing

2015

Revenue$176,562
Expenses$148,376
Net Income$28,186
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 18, 2015
Return Version
2014v5.0
Gross Receipts
$189,325
Mission and Program Overview

Mission

Wellesley abc program, inc. Was formed in 1972 with its core mission to provide academically talented students from underserved communities with housing, academic support, and access to a rigorous college preparatory program at wellesley high school.

Wellesley abc program's mission is to provide academically talented students from underserved communities with housing, academic support, and access to a rigorous college preparatory program at wellesley high school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$200,408$204,172▲ $3,764
Cash and Non-Interest-Bearing Accounts$120,727$90,626▼ $30,101
Land, Buildings, and Equipment, Net$81,842$76,625▼ $5,217
Savings and Temporary Cash Investments$11,062$59,871▲ $48,809
Accounts Receivable$1,170$7,958▲ $6,788
Total Assets$415,209$439,252▲ $24,043
Liabilities
Accounts Payable and Accrued Expenses$10,108$4,285▼ $5,823
Total Liabilities$10,108$4,285▼ $5,823
Net Assets / Fund Balance
Unrestricted Net Assets$394,171$419,537▲ $25,366
Temporarily Rstr Net Assets$10,930$15,430▲ $4,500
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$405,101$434,967▲ $29,866
Total Liabilities and Net Assets / Fund Balance$415,209$439,252▲ $24,043

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$76,359$16,297$92,656
Other Land Buildings$0$26,801$26,801
Equipment$266$11,571$11,837

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$66,110-▲ $3,451-$69,561
2013$57,326-▲ $8,784-$66,110
2012$56,311-▲ $1,075-$57,326
2011$56,365-▲ $6-$56,311
2010$46,420$10,000▲ $5-$56,365
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Allison AllenCo-president
Becky GeorgenesCo-president
Catherine WardDirector
Cheryl Lamee-ludwigDirector
Christin GilloolyDirector
Dan LothianDirector
Debora WhiteDirector
Elaine GillimDirector
Elizabeth LazaroDirector
Emily ShaperoDirector
Gina SolomonDirector
Henri FoudaDirector
Jennifer Hanlon WigonDirector
Kc KatoDirector
Marisol RodriguezDirector
SHARI O'LEARYDirector
Terri SevillaDirector
Dianna KanterSecretary
Rebecca KannamTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$134,902
Program Service Revenue
$0
Investment Income
$2,258
Other Revenue
$39,402
All Other Contributions
$94,200
Change in Net Assets
$28,186
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$119,380
Salaries, Compensation, and Employee Benefits$28,996
Total Fundraising Expense$4,335
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$25,827--$25,827
Other Salaries and Wages$25,285--$25,285
Fees for Services Accounting-$11,043-$11,043
Office Expenses-$4,097$3,082$7,179
Depreciation Depletion$6,718--$6,718
Information Technology-$6,429-$6,429
Other Employee Benefits$1,889--$1,889
Payroll Taxes$1,822--$1,822
Insurance-$1,806-$1,806
Other Expenses$10,206$2,235$1,253$1,253
Total Functional Expenses$118,431$25,610$4,335$148,376
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$52,165
Fundraising Direct Expenses$12,763
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Fundraiser$92,867$52,165$1,256$50,909
Total Events$92,867$52,165$12,761$39,404
Political and Lobbying Activity
Political campaign activity
No
Lobbying 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
No
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
No
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, Section B, Line 11

“The form 990 is reviewed by all the board members at a full board meeting.”

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

“The board of directors of the corporation shall work to ensure that all affiliated persons disclose in writing on a regular basis any known conflict of interest that may exist. In addition, an affiliated person must disclose the existence of any new conflict of interest in writing to a majority of disinterested board members as soon as reasonably possible. An interested person shall be given the opportunity to present all material facts to disinterested board members and a majority shall determine whether the conflict of interest affects the best interests of the corporation and what, if any, action should be taken. If a majority of disinterested board members determines that an affiliated person has failed to disclose a conflict of interest as required, it shall take appropriate corrective action. A record of all conflict of interest reporting and board recommendations and actions shall be kept by the secretary.”

Form 990, Part VI, Section C, Line 18

“Form 1023 and form 990 are available for public inspection upon request.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Wellesley Abc Program Inc
EIN
04-2503812
Phone
7812359789
Address
396 WASHINGTON STREET NO 221, WELLESLEY, MA 02481

Signing Officer

Name
Rebecca Kannam
Title
Treasurer
Phone
7812359789
Signed
2015-11-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Kannam
Formed
1972
Legal Domicile
Ma
Voting Board Members
25
Independent Board Members
21
Employees
2
Volunteers
50

Preparer

Firm
Anstiss & Co Pc
Address
1115 WESTFORD STREET, LOWELL, MA 01851
Preparer
Richard B Dionne
Phone
9784522500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization, incorporated under chapter 180 of the massachusetts general laws as a tax exempt entity, has been granted tax-exempt status under internal revenue code section 501(c)(3), and is, therefore, generally exempt from federal and state income taxes. Accordingly, no provision for income taxes has been included in the accompanying financial statements. The organization is required by asc 740-10, income taxes, to evaluate and disclose tax positions that could have an effect on the organizations financial statements. The organization reports its activities to the internal revenue service and to the commonwealth of massachusetts on an annual basis. These informational returns are generally subject to audit and review by the governmental agencies for a period of three years after filing. Substantially all of the organizations income, expenditures and activities relate to its exempt purpose, therefore, management has determined that the organization is not subject to unrelated business income taxes and will continue to qualify as a tax exempt not-for-profit entity.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt040702
IRS990/FundraisingDirectExpensesAmt012763
IRS990/FundraisingGrossIncomeAmt052165
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0189325
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt06429
IRS990/InformationTechnologyGrp/TotalAmt06429
IRS990/InsuranceGrp/ManagementAndGeneralAmt01806
IRS990/InsuranceGrp/TotalAmt01806
IRS990/InvestmentIncomeGrp/ExclusionAmt02258
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02258
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0200408
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0204172
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt054669
IRS990/LandBldgEquipBasisNetGrp/BOYAmt081842
IRS990/LandBldgEquipBasisNetGrp/EOYAmt076625
IRS990/LandBldgEquipCostOrOtherBssAmt0131294
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WELLESLEY ABC PROGRAM, INC WAS FORMED IN 1972 WITH ITS CORE MISSION TO PROVIDE ACADEMICALLY TALENTED STUDENTS FROM UNDERSERVED COMMUNITIES WITH HOUSING, ACADEMIC SUPPORT, AND ACCESS TO A RIGOROUS COLLEGE PREPARATORY PROGRAM AT WELLESLEY HIGH SCHOOL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0405101
IRS990/NetAssetsOrFundBalancesEOYAmt0434967
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt039402
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt039402
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01680
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt01794
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt025827
IRS990/OccupancyGrp/TotalAmt025827
IRS990/OfficeExpensesGrp/FundraisingAmt03082
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04097
IRS990/OfficeExpensesGrp/TotalAmt07179
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01889
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01889
IRS990/OtherExpensesGrp/Desc0STUDENT SUPPORT
IRS990/OtherExpensesGrp/Desc1ACADEMIC AFFAIRS
IRS990/OtherExpensesGrp/Desc2STUDENT EVENTS
IRS990/OtherExpensesGrp/Desc3FUNDRAISING EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt01253
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02235
IRS990/OtherExpensesGrp/ProgramServicesAmt032820
IRS990/OtherExpensesGrp/ProgramServicesAmt113864
IRS990/OtherExpensesGrp/ProgramServicesAmt210206
IRS990/OtherExpensesGrp/TotalAmt032820
IRS990/OtherExpensesGrp/TotalAmt116099
IRS990/OtherExpensesGrp/TotalAmt210206
IRS990/OtherExpensesGrp/TotalAmt31253
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt025285
IRS990/OtherSalariesAndWagesGrp/TotalAmt025285
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt01822
IRS990/PayrollTaxesGrp/TotalAmt01822
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0REBECCA KANNAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0129305
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03237
IRS990/PYOtherExpensesAmt0110197
IRS990/PYOtherRevenueAmt043047
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt039873
IRS990/PYSalariesCompEmpBnftPaidAmt025519
IRS990/PYTotalExpensesAmt0135716
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0175589
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt028186
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011062
IRS990/SavingsAndTempCashInvstGrp/EOYAmt059871
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0134902
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0129305
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0140344
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0138215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0148571
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0691337
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02258
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03227
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0633
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02871
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0930
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09919
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98590
IRS990ScheduleA/PublicSupportPY170Pct00.98910
IRS990ScheduleA/PublicSupportTotal170Amt0691337
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0134902
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0129305
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0140344
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0138215
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0148571
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0691337
IRS990ScheduleA/TotalSupportAmt0701256
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/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt066110
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt069561
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt03451
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt057326
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt066110
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08784
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt060
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt056311
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt057326
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01075
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt060
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt056365
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt056311
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt060
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt046420
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt010000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt056365
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0266
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011571
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011837
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt076359
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt016297
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt092656
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026801
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt026801
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS REQUIRED BY ASC 740-10, INCOME TAXES, TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ORGANIZATIONS FINANCIAL STATEMENTS. THE ORGANIZATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE ORGANIZATIONS INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX EXEMPT NOT-FOR-PROFIT ENTITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$439,252
Liabilities
$4,285
Net assets
$434,967
Revenue
$176,562
Expenses
$148,376
Net income
$28,186
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.54$0.26$1.28$0.14$0.18$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.56$0.25$1.31$0.17$0.18$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.59$0.28$1.31$0.17$0.17$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.60$0.29$1.32$0.22$0.20$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.61$0.31$1.30$0.34$0.14$0.20
2019Detailed filing. Detailed filing data is available for this year.$1.09$0.01$1.09$0.68$0.12$0.56
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.11$0.16$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.17$0.16$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.24$0.14$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.43$0.18$0.15$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.42$0.01$0.41$0.18$0.14$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.01$0.36$0.19$0.14$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.01$0.31$0.16$0.12$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.01$0.27$0.17$0.13$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.00$0.22$0.18$0.13$0.05