Civic Intelligence

Agassiz Baldwin Community

990 • Fiscal year 2023 • EIN 04-2862401

Jul 01, 2022 to Jun 30, 2023 • Filed on May 14, 2024

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

72nd percentile

0.27x

Higher debt load relative to assets than 72% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

74th percentile

0.34x

Higher debt load relative to revenue than 74% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

52nd percentile

5.0%

Higher net margin than 52% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

81st percentile

$142,222

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

43rd percentile

2.1%

Faster asset growth than 43% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

79th percentile

38%

Faster revenue growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,801,681

Up $58,716 (+2.1%) from 2022

Net Assets

Up

$2,058,851

Up $110,441 (+5.7%) from 2022

Liabilities

Down

$742,830

Down $51,725 (-6.5%) from 2022

Revenue

Up

$2,177,253

Up $597,591 (+38%) from 2022

Expenses

Up

$2,068,984

Up $532,722 (+35%) from 2022

Net Income

Up

$108,269

Up $64,869 (+149%) from 2022

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

2023

Assets$2,801,681
Liabilities$742,830
Net Assets$2,058,851

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

2023

Revenue$2,177,253
Expenses$2,068,984
Net Income$108,269
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$2,177,253
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$1,386,647$1,344,600▼ $42,047
Cash and Non-Interest-Bearing Accounts$627,828$688,913▲ $61,085
Accounts Receivable$305,465$314,617▲ $9,152
Investments in Publicly Traded Securities$252,858$276,773▲ $23,915
Inventories for Sale or Use$148,000$147,100▼ $900
Prepaid Expenses and Deferred Charges$22,167$29,678▲ $7,511
Total Assets$2,742,965$2,801,681▲ $58,716
Liabilities
Deferred Revenue$413,583$357,376▼ $56,207
Mortgage Notes Payable Secured by Investment Property$261,330$251,175▼ $10,155
Accounts Payable and Accrued Expenses$116,642$134,279▲ $17,637
Unsecured Notes Loans Payable$3,000--
Total Liabilities$794,555$742,830▼ $51,725
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,906,194$2,016,635▲ $110,441
Net Assets With Donor Restrictions$42,216$42,216→ $0
Total Net Assets Fund Balance$1,948,410$2,058,851▲ $110,441
Total Liabilities and Net Assets / Fund Balance$2,742,965$2,801,681▲ $58,716

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,289,705$823,894$2,113,599
Equipment$4,167$242,882$247,049
Land$50,728-$50,728
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maria LapageCo Exec DireFT$122,225$19,997$142,222

Board Members and Trustees

NameTitle
Andrea WalshCo-chairpers
Chunying YueDirector
Cicely CarewDirector
Ellen HarkavyDirector
Julie KlumpDirector
Patricia WhelanDirector
Hull FulweilerClerk
Phoebe SinclairCo Exec Dire
Revenue and Support

Revenue Composition

Contributions and Grants
$589,369
Program Service Revenue
$1,551,469
Investment Income
$22,358
Other Revenue
$14,057
All Other Contributions
$245,345
Change in Net Assets
$108,269

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,177,253
Revenue Not Reported on Form 990
$74,172
Total Revenue per Audited Statements
$2,251,425
Total Revenue per Form 990
$2,177,253
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,565,696
Other Expenses$503,288
Total Fundraising Expense$301,460
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$952,914$103,111$162,620$1,218,645
Current Officers, Directors, Trustees, and Key Employees$90,642$16,671$14,912$122,225
Payroll Taxes$64,001$36,958$15,407$116,366
Office Expenses$88,176$17,926$9,091$115,193
Occupancy$54,526$11,251$33,361$99,138
Fees for Services Other$22,416$71,582-$93,998
Other Employee Benefits$45,544$26,300$10,964$82,808
Depreciation Depletion$21,618$8,474$13,226$43,318
Insurance$19,573$4,039$11,976$35,588
Pension Plan Contributions$14,109$8,147$3,396$25,652
Interest-$13,015-$13,015
Fees for Services Accounting-$10,500-$10,500
Other Expenses$5,311$1,096$3,249$9,656
All Other Expenses$4,746$980$2,905$8,631
Conferences and Meetings$5,766$1,129$573$7,468
Advertising$320--$320
Total Functional Expenses$1,425,230$342,294$301,460$2,068,984

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,140,984
Expenses per Audited Statements$2,068,984
Total Expenses per Form 990$2,068,984
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
Co Exec Director
Phone
6173496287
Signed
2024-05-14

Organization Details

Principal Officer
Phoebe Sinclair
Formed
1985
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
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 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/MissionDesc0THE ORGANIZATION'S MISSION IS TO PROVIDE CIVIC, EDUCATIONAL, CHARITABLE, AND BENEVOLENT ACTIVITIES FOR 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/OtherExpensesGrp/Desc2EQUIPMENT RENTAL/MAINT
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IRS990/OtherExpensesGrp/FundraisingAmt12719
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IRS990/PensionPlanContributionsGrp/TotalAmt025652
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022167
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt029678
IRS990/PrincipalOfficerNm0PHOEBE SINCLAIR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
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IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0108269
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01551469
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0589369
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0480737
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0803954
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0253763
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0154409
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02282232
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt014477
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03758
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01559601
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01093131
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0441098
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01095731
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01451853
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05641414
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt05925
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt049675
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt047580
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0403
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt014477
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03758
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt041625
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01653842
IRS990ScheduleA/Total509Grp/TotalAmt08058016
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IRS990ScheduleD/DonatedServicesAndUseFcltsAmt072000
IRS990ScheduleD/DonatedServicesUseFcltsAmt072000
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0242882
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IRS990ScheduleD/ExpensesNotReportedAmt072000
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050728
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S MISSION IS TO PROVIDE CIVIC, EDUCATIONAL, CHARITABLE, AND BENEVOLENT ACTIVITIES FOR 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

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
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$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