Civic Intelligence

Agassiz Baldwin Community

990 • Fiscal year 2022 • EIN 04-2862401

Jul 01, 2021 to Jun 30, 2022 • Filed on May 12, 2023

20 Sacramento StreetCambridge, MA 02138

(617) 349-6287

Siviq Scores

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

Liabilities / Assets

75th percentile

0.29x

Higher debt load relative to assets than 75% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.50x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

42nd percentile

2.7%

Higher net margin than 42% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

79th percentile

$127,598

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

62nd percentile

7.1%

Faster asset growth than 62% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

69th percentile

24%

Faster revenue growth than 69% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,742,965

Up $182,421 (+7.1%) from 2021

Net Assets

Up

$1,948,410

Up $15,493 (+0.8%) from 2021

Liabilities

Up

$794,555

Up $166,928 (+27%) from 2021

Revenue

Up

$1,579,662

Up $308,182 (+24%) from 2021

Expenses

Up

$1,536,262

Up $433,332 (+39%) from 2021

Net Income

Down

$43,400

Down $125,150 (-74%) from 2021

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: $2,555,940Liabilities 2010: $680,273Net Assets 2010: $1,875,6672010Assets 2011: $2,594,149Liabilities 2011: $685,864Net Assets 2011: $1,908,2852011Assets 2012: $2,609,452Liabilities 2012: $731,975Net Assets 2012: $1,877,4772012Assets 2013: $2,603,833Liabilities 2013: $729,145Net Assets 2013: $1,874,6882013Assets 2014: $2,653,389Liabilities 2014: $755,368Net Assets 2014: $1,898,0212014Assets 2015: $2,525,980Liabilities 2015: $740,636Net Assets 2015: $1,785,3442015Assets 2016: $2,602,633Liabilities 2016: $755,629Net Assets 2016: $1,847,0042016Assets 2017: $2,632,183Liabilities 2017: $758,512Net Assets 2017: $1,873,6712017Assets 2018: $2,657,614Liabilities 2018: $793,857Net Assets 2018: $1,863,7572018Assets 2019: $2,612,156Liabilities 2019: $822,789Net Assets 2019: $1,789,3672019Assets 2020: $2,351,635Liabilities 2020: $640,226Net Assets 2020: $1,711,4092020Assets 2021: $2,560,544Liabilities 2021: $627,627Net Assets 2021: $1,932,9172021Assets 2022: $2,742,965Liabilities 2022: $794,555Net Assets 2022: $1,948,4102022Assets 2023: $2,801,681Liabilities 2023: $742,830Net Assets 2023: $2,058,8512023Assets 2024: $2,502,126Liabilities 2024: $601,197Net Assets 2024: $1,900,9292024

Highlighted filing

2022

Assets$2,742,965
Liabilities$794,555
Net Assets$1,948,410

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $980,2242010Expenses 2011: $1,217,7372011Expenses 2012: $1,345,2742012Revenue 2013: $1,402,607Expenses 2013: $1,408,089Net Income 2013: -$5,4822013Revenue 2014: $1,465,540Expenses 2014: $1,445,334Net Income 2014: $20,2062014Revenue 2015: $1,523,662Expenses 2015: $1,636,534Net Income 2015: -$112,8722015Revenue 2016: $1,660,109Expenses 2016: $1,593,754Net Income 2016: $66,3552016Revenue 2017: $1,678,853Expenses 2017: $1,655,020Net Income 2017: $23,8332017Revenue 2018: $1,651,191Expenses 2018: $1,663,065Net Income 2018: -$11,8742018Revenue 2019: $1,657,600Expenses 2019: $1,738,584Net Income 2019: -$80,9842019Revenue 2020: $1,413,446Expenses 2020: $1,487,473Net Income 2020: -$74,0272020Revenue 2021: $1,271,480Expenses 2021: $1,102,930Net Income 2021: $168,5502021Revenue 2022: $1,579,662Expenses 2022: $1,536,262Net Income 2022: $43,4002022Revenue 2023: $2,177,253Expenses 2023: $2,068,984Net Income 2023: $108,2692023Revenue 2024: $2,007,158Expenses 2024: $2,165,706Net Income 2024: -$158,5482024

Highlighted filing

2022

Revenue$1,579,662
Expenses$1,536,262
Net Income$43,400
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.0
Gross Receipts
$1,579,662
Mission and Program Overview

Mission

The organization's mission is to provide civic, educational, charitable, and benevolent activities for the members of cambridge's agassiz neighborhood, with a focus on children and the arts. The organization's most significant activity is offering preschool, afterschool, and summer camp programs to the families of cambridge.

Agassiz baldwin community is a place that nurtures individual growth, builds connections, and serves as a forum for community advocacy. We believe in welcoming and including everyone, lifelong learning, and fostering a culture of creativity and cooperation. The organization provides civic, educational, charitable, and benevolent activities for the members of cambridge's agassiz neighborhood, with a focus on children and the arts. The organization's most significant activity is offering afterschool, summer camp, and art classes to the families of cambridge.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,439,353$1,386,647▼ $52,706
Cash and Non-Interest-Bearing Accounts$558,923$627,828▲ $68,905
Accounts Receivable$110,954$305,465▲ $194,511
Investments in Publicly Traded Securities$280,748$252,858▼ $27,890
Inventories for Sale or Use$148,000$148,000→ $0
Prepaid Expenses and Deferred Charges$22,566$22,167▼ $399
Total Assets$2,560,544$2,742,965▲ $182,421
Liabilities
Deferred Revenue$252,776$413,583▲ $160,807
Mortgage Notes Payable Secured by Investment Property$270,983$261,330▼ $9,653
Accounts Payable and Accrued Expenses$102,638$116,642▲ $14,004
Unsecured Notes Loans Payable$1,230$3,000▲ $1,770
Total Liabilities$627,627$794,555▲ $166,928
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,890,701$1,906,194▲ $15,493
Net Assets With Donor Restrictions$42,216$42,216→ $0
Total Net Assets Fund Balance$1,932,917$1,948,410▲ $15,493
Total Liabilities and Net Assets / Fund Balance$2,560,544$2,742,965▲ $182,421

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,330,121$783,478$2,113,599
Equipment$5,798$239,980$245,778
Land$50,728-$50,728
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maria LapageExecutive DiFT$109,657$17,941$127,598

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$480,737
Program Service Revenue
$1,093,131
Investment Income
$629
Other Revenue
$5,165
All Other Contributions
$480,737
Change in Net Assets
$43,400

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,579,662
Revenue Not Reported on Form 990
$44,093
Total Revenue per Audited Statements
$1,623,755
Total Revenue per Form 990
$1,579,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,150,977
Other Expenses$385,285
Total Fundraising Expense$203,294
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$659,317$121,266$108,464$889,047
Current Officers, Directors, Trustees, and Key Employees$81,322$14,957$13,378$109,657
Payroll Taxes$47,777$28,492$10,598$86,867
Office Expenses$62,761$11,093$5,248$79,102
Occupancy$38,370$11,413$19,980$69,763
Depreciation Depletion$21,618$22,662$11,257$55,537
Other Employee Benefits$25,429$15,165$5,641$46,235
Fees for Services Other$10,715$34,043-$44,758
Insurance$16,368$4,869$8,524$29,761
Pension Plan Contributions$10,544$6,288$2,339$19,171
All Other Expenses$15,395$1,057$1,851$18,303
Interest-$13,516-$13,516
Fees for Services Accounting-$9,800-$9,800
Other Expenses$6,138$2,108$846$9,092
Conferences and Meetings$2,513$1,074$438$4,025
Advertising$198--$198
Total Functional Expenses$1,026,752$306,216$203,294$1,536,262

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,608,262
Expenses per Audited Statements$1,536,262
Total Expenses per Form 990$1,536,262
Expenses Not Reported on Form 990$72,000
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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

Form 990 was reviewed by the treasurer, executive director, and accountant and then shared with the entire abc board.

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

Directors are asked to state their affiliations annually to the executive director and board. This is reviewed, and any conflicts are addressed.

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

All salaries are reviewed annually in the budgeting process. Annual budget is approved by the board of directors.

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

All salaries are reviewed annually in the budgeting process. Annual budget is approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The organization's website includes contact information for any such requests.

Filing and Contact Details

Filer

Filer Name
Agassiz Baldwin Community
EIN
04-2862401
Phone
6173496287
Address
20 SACRAMENTO STREET, CAMBRIDGE, MA 02138

Signing Officer

Name
Maria Lapage
Title
Executive Director
Phone
6173496287
Signed
2023-05-12

Organization Details

Principal Officer
Maria Lapage
Formed
1985
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
78
Volunteers
50

Preparer

Firm
Bruce D Norling CPA Pc
Address
410 BOSTON POST RD STE 24, SUDBURY, MA 01776
Preparer
Bruce D Norling CPA Pc
Phone
9784439114
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The organization's mission is to provide civic, educational, charitable, and benevolent activities for the members of cambridge's agassiz neighborhood, with a focus on children and the arts. The organization's most significant activity is offering afterschool, summer camp, and art classes to the families of cambridge.

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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01093131
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0200950
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S MISSION IS TO PROVIDE CIVIC, EDUCATIONAL, CHARITABLE, AND BENEVOLENT ACTIVITIES FOR THE MEMBERS OF CAMBRIDGE'S AGASSIZ NEIGHBORHOOD, WITH A FOCUS ON CHILDREN AND THE ARTS. THE ORGANIZATION'S MOST SIGNIFICANT ACTIVITY IS OFFERING AFTERSCHOOL, SUMMER CAMP, AND ART CLASSES TO THE FAMILIES OF CAMBRIDGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 WAS REVIEWED BY THE TREASURER, EXECUTIVE DIRECTOR, AND ACCOUNTANT AND THEN SHARED WITH THE ENTIRE ABC BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS ARE ASKED TO STATE THEIR AFFILIATIONS ANNUALLY TO THE EXECUTIVE DIRECTOR AND BOARD. THIS IS REVIEWED, AND ANY CONFLICTS ARE ADDRESSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL SALARIES ARE REVIEWED ANNUALLY IN THE BUDGETING PROCESS. ANNUAL BUDGET IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL SALARIES ARE REVIEWED ANNUALLY IN THE BUDGETING PROCESS. ANNUAL BUDGET IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S WEBSITE INCLUDES CONTACT INFORMATION FOR ANY SUCH REQUESTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$0.60$1.90$2.01$2.17$0.16
2023Detailed filing. Detailed filing data is available for this year.$2.80$0.74$2.06$2.18$2.07$0.11
2022Detailed filing. Detailed filing data is available for this year.$2.74$0.79$1.95$1.58$1.54$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$0.63$1.93$1.27$1.10$0.17
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.64$1.71$1.41$1.49$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$0.82$1.79$1.66$1.74$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.66$0.79$1.86$1.65$1.66$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.63$0.76$1.87$1.68$1.66$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.60$0.76$1.85$1.66$1.59$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.53$0.74$1.79$1.52$1.64$0.11
2014Detailed filing. Detailed filing data is available for this year.$2.65$0.76$1.90$1.47$1.45$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$0.73$1.87$1.40$1.41$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$0.73$1.88$1.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$0.69$1.91$1.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$0.68$1.88$0.98
Peer Organizations

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