Civic Intelligence

Oars Inc.

990 • Fiscal year 2015 • EIN 04-2963426

Jan 01, 2015 to Dec 31, 2015 • Filed on May 02, 2016

23 Bradford StreetConcord, MA 01742

(978) 369-3956

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

30th percentile

0.00x

Higher debt load relative to revenue than 30% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

95th percentile

67%

Higher net margin than 95% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

68th percentile

$53,541

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

37th percentile

-2.1%

Faster asset growth than 37% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

96th percentile

169%

Faster revenue growth than 96% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$767,070

Down $16,189 (-2.1%) from 2014

Net Assets

Down

$764,370

Down $11,240 (-1.4%) from 2014

Liabilities

Down

$2,700

Down $4,949 (-65%) from 2014

Revenue

Up

$747,209

Up $469,738 (+169%) from 2014

Expenses

Up

$249,376

Up $11,342 (+4.8%) from 2014

Net Income

Up

$497,833

Up $458,396 (+1162%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $668,127Liabilities 2011: $2,768Net Assets 2011: $665,3592011Assets 2012: $707,572Liabilities 2012: $4,360Net Assets 2012: $703,2122012Assets 2013: $738,773Liabilities 2013: $2,600Net Assets 2013: $736,1732013Assets 2014: $783,259Liabilities 2014: $7,649Net Assets 2014: $775,6102014Assets 2015: $767,070Liabilities 2015: $2,700Net Assets 2015: $764,3702015Assets 2016: $789,555Liabilities 2016: $2,700Net Assets 2016: $786,8552016Assets 2017: $890,472Liabilities 2017: $3,107Net Assets 2017: $887,3652017Assets 2018: $872,101Liabilities 2018: $29,874Net Assets 2018: $842,2272018Assets 2019: $903,874Liabilities 2019: $3,849Net Assets 2019: $900,0252019Assets 2020: $988,080Liabilities 2020: $10,150Net Assets 2020: $977,9302020Assets 2021: $1,144,413Liabilities 2021: $7,282Net Assets 2021: $1,137,1312021Assets 2022: $1,063,185Liabilities 2022: $35,430Net Assets 2022: $1,027,7552022Assets 2023: $1,367,145Liabilities 2023: $131,250Net Assets 2023: $1,235,8952023Assets 2024: $1,422,104Liabilities 2024: $109,689Net Assets 2024: $1,312,4152024

Highlighted filing

2015

Assets$767,070
Liabilities$2,700
Net Assets$764,370

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $217,2722011Expenses 2012: $218,7282012Revenue 2013: $258,579Expenses 2013: $225,618Net Income 2013: $32,9612013Revenue 2014: $277,471Expenses 2014: $238,034Net Income 2014: $39,4372014Revenue 2015: $747,209Expenses 2015: $249,376Net Income 2015: $497,8332015Revenue 2016: $256,245Expenses 2016: $265,437Net Income 2016: -$9,1922016Revenue 2017: $281,211Expenses 2017: $251,374Net Income 2017: $29,8372017Revenue 2018: $306,318Expenses 2018: $288,228Net Income 2018: $18,0902018Revenue 2019: $230,850Expenses 2019: $249,639Net Income 2019: -$18,7892019Revenue 2020: $272,294Expenses 2020: $248,161Net Income 2020: $24,1332020Revenue 2021: $369,760Expenses 2021: $253,095Net Income 2021: $116,6652021Revenue 2022: $297,975Expenses 2022: $271,147Net Income 2022: $26,8282022Revenue 2023: $544,511Expenses 2023: $425,918Net Income 2023: $118,5932023Revenue 2024: $547,367Expenses 2024: $470,847Net Income 2024: $76,5202024

Highlighted filing

2015

Revenue$747,209
Expenses$249,376
Net Income$497,833
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 2, 2016
Return Version
2015v2.1
Gross Receipts
$751,075
Mission and Program Overview

Mission

Protect, preserve and enhance the natural and recreational features of the Assabet, Sudbury and Concord rivers, their tributaries and watersheds.

Protection of the watershed of the Assabet, Concord and Sudbury rivers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$330,232-
Savings and Temporary Cash Investments$133,586$240,207▲ $106,621
Pledges and Grants Receivable$41,615$99,346▲ $57,731
Cash and Non-Interest-Bearing Accounts$69,686$93,288▲ $23,602
Land, Buildings, and Equipment, Net$537,405$2,763▼ $534,642
Accounts Receivable-$267-
Total Assets$783,259$767,070▼ $16,189
Other Assets Total$967$967→ $0
Liabilities
Accounts Payable and Accrued Expenses$7,649$2,700▼ $4,949
Total Liabilities$7,649$2,700▼ $4,949
Net Assets / Fund Balance
Temporarily Rstr Net Assets$77,465$567,530▲ $490,065
Unrestricted Net Assets$163,745$194,440▲ $30,695
Permanently Rstr Net Assets$534,400$2,400▼ $532,000
Total Net Assets Fund Balance$775,610$764,370▼ $11,240
Total Liabilities and Net Assets / Fund Balance$783,259$767,070▼ $16,189

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$363$30,885$31,248
Land$2,400-$2,400
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Alison Field-jumaExecutive DirectorPT$53,541$53,541

Board Members and Trustees

NameTitle
Laura RomePresident
Ingeborg HegemannVice President
Allan FierceDirector
Brian KilcoyneDirector
David GriffinDirector
Don BurnDirector
Lisa VernegaardDirector
Martin MoranDirector
Pam RockwellDirector
Paul GoldmanDirector
Peter ShanahanDirector
Robert DonelanDirector
Dick LawrenceClerk
Richard TardiffTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$739,424
Program Service Revenue
$0
Investment Income
$4,240
Other Revenue
$3,545
All Other Contributions
$580,163
Change in Net Assets
$497,833
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$166,992
Other Expenses$82,384
Total Fundraising Expense$6,429
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$72,483$25,059$3,108$100,650
Comp Disqual Persons$36,490$15,896$1,155$53,541
All Other Expenses$13,972$2,721$1,311$18,004
Occupancy$13,989$579$380$14,948
Payroll Taxes$9,095$3,357$349$12,801
Fees for Services Accounting$0$2,700$0$2,700
Insurance$2,262$94$61$2,417
Other Expenses$1,810$0$0$1,810
Depreciation Depletion$0$242$0$242
Total Functional Expenses$188,841$54,106$6,429$249,376
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,411
Fundraising Direct Expenses$3,866
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
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
Filing and Contact Details

Filer

Filer Name
OARS Inc
EIN
04-2963426
Phone
9783693956
Address
23 Bradford Street, Concord, MA 01742

Signing Officer

Name
Richard Tardiff
Title
Treasurer
Phone
9783693956
Signed
2016-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rick Tardiff
Formed
1987
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
8
Volunteers
200

Preparer

Firm
Thomas Arrison PC
Address
312 Great Rd, Littleton, MA 01460
Preparer
Thomas Arrison CPA
Phone
9784869855
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

The Organization has 630 members who vote for the Board of Directors at the annual meeting

Pt VI, Line 7A

Members vote for the Board of Directors at the annual meeting

Pt VI, Line 11B

A copy of the Form 990 is emailed to each director for review

Pt VI, Line 12C

Board of Directors are required to sign the Conflict of Interest policy annually

Pt VI, Line 15A

Board of Directors annually review the executive directors salary. All board members are independent

Pt VI, Line 15B

Board of Directors annual review the compensation of key employees. All Board members are independent

Pt XI

The Organization transferred land held for conservation purposes to the Stow Conservation Trust, Inc.

Form 990, Part IX, Line 24F

Postage & shipping 3105. 2041. 273. 791. Printing & publications 10838. 10364. 86. 388. Supplies 1465. 766. 567. 132. Utilities 2596. 801. 1795. 0.

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IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt165
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0325
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13133
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt015389
IRS990/OtherExpensesGrp/ProgramServicesAmt17712
IRS990/OtherExpensesGrp/ProgramServicesAmt215639
IRS990/OtherExpensesGrp/ProgramServicesAmt31810
IRS990/OtherExpensesGrp/TotalAmt015714
IRS990/OtherExpensesGrp/TotalAmt110910
IRS990/OtherExpensesGrp/TotalAmt215639
IRS990/OtherExpensesGrp/TotalAmt31810
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03108
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025059
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt072483
IRS990/OtherSalariesAndWagesGrp/TotalAmt0100650
IRS990/PartialLiquidationInd0true
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0349
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03357
IRS990/PayrollTaxesGrp/ProgramServicesAmt09095
IRS990/PayrollTaxesGrp/TotalAmt012801
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0534400
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02400
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt041615
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt099346
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RICK TARDIFF
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0276726
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0745
IRS990/PYOtherExpensesAmt088204
IRS990/PYRevenuesLessExpensesAmt039437
IRS990/PYSalariesCompEmpBnftPaidAmt0149830
IRS990/PYTotalExpensesAmt0238034
IRS990/PYTotalRevenueAmt0277471
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0497833
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0133586
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0240207
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0347100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0276726
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0257810
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0256530
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0195755
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01333921
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04240
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0745
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0769
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt051
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05817
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93570
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.79470
IRS990ScheduleA/PublicSupportTotal170Amt01253563
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt080358
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0347100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0276726
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0257810
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0256530
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0195755
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01333921
IRS990ScheduleA/TotalSupportAmt01339738
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0363
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030885
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031248
IRS990ScheduleD/LandGrp/BookValueAmt02400
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02400
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02763
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Land in Stow MA
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02015-12-16
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0534400
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(c)(3)
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0Assessment
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm0STOW CONSERVATION TRUST INC
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0PO Box 397
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0Stow
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0MA
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd001775
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization has 630 members who vote for the Board of Directors at the annual meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members vote for the Board of Directors at the annual meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A copy of the Form 990 is emailed to each director for review
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Board of Directors are required to sign the Conflict of Interest policy annually
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Board of Directors annually review the executive directors salary. All board members are independent
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Board of Directors annual review the compensation of key employees. All Board members are independent
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Organization transferred land held for conservation purposes to the Stow Conservation Trust, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7POSTAGE & SHIPPING 3105. 2041. 273. 791. PRINTING & PUBLICATIONS 10838. 10364. 86. 388. SUPPLIES 1465. 766. 567. 132. UTILITIES 2596. 801. 1795. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt077465
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0567530
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0783259

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.$1.42$0.11$1.31$0.55$0.47$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.37$0.13$1.24$0.54$0.43$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.06$0.04$1.03$0.30$0.27$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.14$0.01$1.14$0.37$0.25$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.01$0.98$0.27$0.25$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.23$0.25$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.87$0.03$0.84$0.31$0.29$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.28$0.25$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.26$0.27$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.76$0.75$0.25$0.50
2014Detailed filing. Detailed filing data is available for this year.$0.78$0.01$0.78$0.28$0.24$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.26$0.23$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.00$0.70$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.00$0.67$0.22