Civic Intelligence

Brookline Improvement Coalition Inc.

990 • Fiscal year 2015 • EIN 04-2737054

Jul 01, 2014 to Jun 30, 2015 • Filed on May 15, 2016

PO Box 470441Brookline, MA 02447

(617) 566-4442

Siviq Scores

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

Liabilities / Assets

86th percentile

0.74x

Higher debt load relative to assets than 86% of similar nonprofits.

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

Liabilities / Revenue

96th percentile

6.05x

Higher debt load relative to revenue than 96% of similar nonprofits.

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

Net Margin

21st percentile

-9.8%

Higher net margin than 21% 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

38th percentile

-1.8%

Faster asset growth than 38% of similar nonprofits.

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

Revenue Growth

50th percentile

3.2%

Faster revenue growth than 50% of similar nonprofits.

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

Assets

Down

$2,228,177

Down $41,063 (-1.8%) from 2014

Net Assets

Up

$588,418

Up $187 (+0.0%) from 2014

Liabilities

Down

$1,639,759

Down $41,250 (-2.5%) from 2014

Revenue

Up

$271,036

Up $8,362 (+3.2%) from 2014

Expenses

Down

$297,642

Down $15,848 (-5.1%) from 2014

Net Income

Up

-$26,606

Up $24,210 (+48%) 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 2011: $2,414,157Liabilities 2011: $1,777,780Net Assets 2011: $636,3772011Assets 2012: $2,676,974Liabilities 2012: $2,026,399Net Assets 2012: $650,5752012Assets 2013: $2,345,021Liabilities 2013: $1,705,974Net Assets 2013: $639,0472013Assets 2014: $2,269,240Liabilities 2014: $1,681,009Net Assets 2014: $588,2312014Assets 2015: $2,228,177Liabilities 2015: $1,639,759Net Assets 2015: $588,4182015Assets 2016: $2,157,171Liabilities 2016: $1,577,573Net Assets 2016: $579,5982016Assets 2017: $2,419,555Liabilities 2017: $1,882,822Net Assets 2017: $536,7332017Assets 2018: $2,361,702Liabilities 2018: $1,885,196Net Assets 2018: $476,5062018Assets 2019: $2,262,822Liabilities 2019: $1,841,413Net Assets 2019: $421,4092019Assets 2020: $2,137,209Liabilities 2020: $1,840,601Net Assets 2020: $296,6082020Assets 2021: $2,013,403Liabilities 2021: $1,828,949Net Assets 2021: $184,4542021Assets 2022: $2,046,784Liabilities 2022: $1,835,392Net Assets 2022: $211,3922022Assets 2023: $2,987,826Liabilities 2023: $1,801,272Net Assets 2023: $1,186,5542023Assets 2024: $2,766,153Liabilities 2024: $2,351,338Net Assets 2024: $414,8152024

Highlighted filing

2015

Assets$2,228,177
Liabilities$1,639,759
Net Assets$588,418

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $294,0332011Expenses 2012: $274,6992012Revenue 2013: $274,714Expenses 2013: $286,242Net Income 2013: -$11,5282013Revenue 2014: $262,674Expenses 2014: $313,490Net Income 2014: -$50,8162014Revenue 2015: $271,036Expenses 2015: $297,642Net Income 2015: -$26,6062015Revenue 2016: $274,411Expenses 2016: $283,037Net Income 2016: -$8,6262016Revenue 2017: $272,953Expenses 2017: $315,818Net Income 2017: -$42,8652017Revenue 2018: $287,784Expenses 2018: $348,011Net Income 2018: -$60,2272018Revenue 2019: $289,467Expenses 2019: $344,564Net Income 2019: -$55,0972019Revenue 2020: $309,116Expenses 2020: $433,917Net Income 2020: -$124,8012020Revenue 2021: $296,143Expenses 2021: $408,297Net Income 2021: -$112,1542021Revenue 2022: $434,876Expenses 2022: $407,938Net Income 2022: $26,9382022Revenue 2023: $1,536,782Expenses 2023: $561,620Net Income 2023: $975,1622023Revenue 2024: $1,172,032Expenses 2024: $979,830Net Income 2024: $192,2022024

Highlighted filing

2015

Revenue$271,036
Expenses$297,642
Net Income-$26,606
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 15, 2016
Return Version
2014v6.0
Gross Receipts
$271,036
Mission and Program Overview

Mission

Further housing opportunities in brookline, massachusetts, for low and moderate income households.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,013,651$1,958,578▼ $55,073
Savings and Temporary Cash Investments$194,407$186,769▼ $7,638
Prepaid Expenses and Deferred Charges$750$17,614▲ $16,864
Accounts Receivable$5,736$12,471▲ $6,735
Total Assets$2,269,240$2,228,177▼ $41,063
Other Assets Total$54,696$52,745▼ $1,951
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,640,527$1,599,998▼ $40,529
Accounts Payable and Accrued Expenses$40,365$39,644▼ $721
Deferred Revenue$117$117→ $0
Total Liabilities$1,681,009$1,639,759▼ $41,250
Net Assets / Fund Balance
Unrestricted Net Assets$588,231$588,418▲ $187
Total Net Assets Fund Balance$588,231$588,418▲ $187
Total Liabilities and Net Assets / Fund Balance$2,269,240$2,228,177▼ $41,063

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,194,445$781,293$1,975,738
Land$761,500-$761,500
Equipment$2,633$20,403$23,036
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$266,233
Investment Income
$543
Other Revenue
$4,260
Change in Net Assets
$-26,606
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$297,642
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$123,398--$123,398
Depreciation Depletion$57,008$3,578-$60,586
Fees for Services Other$47,271--$47,271
Fees for Services Management$14,417$13,285-$27,702
Insurance$11,840$750-$12,590
Office Expenses$8,871$1,233-$10,104
Fees for Services Accounting-$7,120-$7,120
Fees for Services Legal$6,533--$6,533
Other Expenses-$2,338-$2,338
Total Functional Expenses$269,338$28,304$0$297,642
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
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization contracts with two management companies to perform the day to day management of its rental properties. The management companies are compensated for performing these functions which is approved by the board of directors.

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

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

Form 990, Part VI, Section B, Line 11

The form 990 is provided to all members of the board of directors to review before it is filed with the irs.

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

Any members with a conflict of interest recuses themselves from any discussions on the subject.

Form 990, Part VI, Section B, Line 15

Form 990, part vi, section b, line 15a: the organization does not have any employees.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Brookline Improvement Coalition Inc
EIN
04-2737054
Phone
6175664442
Address
PO BOX 470441, BROOKLINE, MA 02447

Signing Officer

Name
Roger Lipson
Title
President
Phone
6175664442
Signed
2016-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roger Lipson
Formed
1980
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Alexander Aronson Finning & Co Pc
Address
21 EAST MAIN STREET, WESTBOROUGH, MA 01581
Preparer
Matthew Hutt CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contracted services: program service expenses 47,271. Management and general expenses 0. Fundraising expenses 0. Total expenses 47,271.

Financial Statement Notes

PART X, LINE 2:

Part x, line 2: the organization follows the u.s. Gaap standards for accounting for uncertainty in income taxes which require the organization to report any uncertain tax positions and to adjust its financial statements for the impact thereof. As of june 30, 2015, the organization determined that it had no material unrecognized tax benefits to report. The organization files information returns in the united states federal and massachusetts state jurisdictions. These returns are generally subject to examination by tax authorities for the last three years.

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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/Total509Grp/CurrentTaxYearMinus4YearsAmt0266685
IRS990ScheduleA/Total509Grp/TotalAmt01347151
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0271036
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0262674
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0274714
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0288897
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0269981
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01367302
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01194445
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0781293
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01975738
IRS990ScheduleD/EquipmentGrp/BookValueAmt02633
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020403
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023036
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0761500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0761500
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART X, LINE 2: THE ORGANIZATION FOLLOWS THE U.S. GAAP STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH REQUIRE THE ORGANIZATION TO REPORT ANY UNCERTAIN TAX POSITIONS AND TO ADJUST ITS FINANCIAL STATEMENTS FOR THE IMPACT THEREOF. AS OF JUNE 30, 2015, THE ORGANIZATION DETERMINED THAT IT HAD NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. THE ORGANIZATION FILES INFORMATION RETURNS IN THE UNITED STATES FEDERAL AND MASSACHUSETTS STATE JURISDICTIONS. THESE RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR THE LAST THREE YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01958578
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CONTRACTS WITH TWO MANAGEMENT COMPANIES TO PERFORM THE DAY TO DAY MANAGEMENT OF ITS RENTAL PROPERTIES. THE MANAGEMENT COMPANIES ARE COMPENSATED FOR PERFORMING THESE FUNCTIONS WHICH IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS TO REVIEW BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY MEMBERS WITH A CONFLICT OF INTEREST RECUSES THEMSELVES FROM ANY DISCUSSIONS ON THE SUBJECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990, PART VI, SECTION B, LINE 15A: THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 47,271. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,271.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02269240
IRS990/TotalAssetsEOYAmt02228177
IRS990/TotalAssetsGrp/BOYAmt02269240
IRS990/TotalAssetsGrp/EOYAmt02228177
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028304
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0269338
IRS990/TotalFunctionalExpensesGrp/TotalAmt0297642
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01681009
IRS990/TotalLiabilitiesEOYAmt01639759
IRS990/TotalLiabilitiesGrp/BOYAmt01681009
IRS990/TotalLiabilitiesGrp/EOYAmt01639759
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0588231
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0588418
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0269338
IRS990/TotalProgramServiceRevenueAmt0266233
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04803
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0266233
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0271036
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02269240
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02228177
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0588231
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0588418
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 470441
IRS990/USAddress/CityNm0BROOKLINE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002447
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROGER LIPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06175664442
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BROOKLINE IMPROVEMENT COALITION INC
ReturnHeader/Filer/BusinessNameControlTxt0BROO
ReturnHeader/Filer/EIN0042737054
ReturnHeader/Filer/PhoneNum06175664442
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 470441
ReturnHeader/Filer/USAddress/CityNm0BROOKLINE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002447
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042571780
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALEXANDER ARONSON FINNING & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt021 EAST MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTBOROUGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001581
ReturnHeader/PreparerPersonGrp/PhoneNum05083669100
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW HUTT CPA
ReturnHeader/ReturnTs02016-05-16T07:01:43-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$2.35$0.41$1.17$0.98$0.19
2023Detailed filing. Detailed filing data is available for this year.$2.99$1.80$1.19$1.54$0.56$0.98
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$1.84$0.21$0.43$0.41$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$1.83$0.18$0.30$0.41$0.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$1.84$0.30$0.31$0.43$0.12
2019Detailed filing. Detailed filing data is available for this year.$2.26$1.84$0.42$0.29$0.34$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$1.89$0.48$0.29$0.35$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.42$1.88$0.54$0.27$0.32$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.16$1.58$0.58$0.27$0.28$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.23$1.64$0.59$0.27$0.30$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.27$1.68$0.59$0.26$0.31$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$1.71$0.64$0.27$0.29$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$2.03$0.65$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$1.78$0.64$0.29
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