Civic Intelligence

Centerboard Inc.

990 • Fiscal year 2013 • EIN 04-3019658

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 26, 2013

16 City Hall SquareLynn, MA 01901
Siviq Scores

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

Liabilities / Assets

47th percentile

0.18x

Higher debt load relative to assets than 47% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

20th percentile

0.04x

Higher debt load relative to revenue than 20% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Net Margin

44th percentile

1.2%

Higher net margin than 44% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

50th percentile

2.8%

Faster asset growth than 50% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

30th percentile

-2.7%

Faster revenue growth than 30% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Assets

Up

$1,675,579

Up $46,067 (+2.8%) from 2012

Net Assets

Up

$1,382,157

Up $87,222 (+6.7%) from 2012

Liabilities

Down

$293,422

Down $41,155 (-12%) from 2012

Revenue

Down

$7,137,163

Down $194,920 (-2.7%) from 2012

Expenses

Down

$7,049,941

Down $117,051 (-1.6%) from 2012

Net Income

Down

$87,222

Down $77,869 (-47%) from 2012

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $1,732,084Liabilities 2011: $602,240Net Assets 2011: $1,129,8442011Assets 2012: $1,629,512Liabilities 2012: $334,577Net Assets 2012: $1,294,9352012Assets 2013: $1,675,579Liabilities 2013: $293,422Net Assets 2013: $1,382,1572013Assets 2014: $3,073,968Liabilities 2014: $1,615,249Net Assets 2014: $1,458,7192014Assets 2015: $3,842,553Liabilities 2015: $2,233,809Net Assets 2015: $1,608,7442015Assets 2016: $5,138,348Liabilities 2016: $2,898,678Net Assets 2016: $2,239,6702016Assets 2017: $6,400,422Liabilities 2017: $3,094,233Net Assets 2017: $3,306,1892017Assets 2018: $10,087,732Liabilities 2018: $6,661,915Net Assets 2018: $3,425,8172018Assets 2019: $11,452,442Liabilities 2019: $7,609,931Net Assets 2019: $3,842,5112019Assets 2020: $21,186,335Liabilities 2020: $17,996,348Net Assets 2020: $3,189,9872020Assets 2021: $22,928,470Liabilities 2021: $16,792,202Net Assets 2021: $6,136,2682021Assets 2022: $25,061,126Liabilities 2022: $14,950,800Net Assets 2022: $10,110,3262022Assets 2023: $29,241,319Liabilities 2023: $15,630,029Net Assets 2023: $13,611,2902023Assets 2024: $40,729,453Liabilities 2024: $18,264,570Net Assets 2024: $22,464,8832024

Highlighted filing

2013

Assets$1,675,579
Liabilities$293,422
Net Assets$1,382,157

Operations Trend

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

$60M$40M$20M$0Revenue 2011: $7,005,110Expenses 2011: $6,840,610Net Income 2011: $164,5002011Revenue 2012: $7,332,083Expenses 2012: $7,166,992Net Income 2012: $165,0912012Revenue 2013: $7,137,163Expenses 2013: $7,049,941Net Income 2013: $87,2222013Revenue 2014: $6,621,173Expenses 2014: $6,544,611Net Income 2014: $76,5622014Revenue 2015: $9,540,703Expenses 2015: $9,090,678Net Income 2015: $450,0252015Revenue 2016: $12,864,726Expenses 2016: $12,233,800Net Income 2016: $630,9262016Revenue 2017: $14,211,962Expenses 2017: $13,145,443Net Income 2017: $1,066,5192017Revenue 2018: $14,561,784Expenses 2018: $14,453,438Net Income 2018: $108,3462018Revenue 2019: $15,515,772Expenses 2019: $14,790,790Net Income 2019: $724,9822019Revenue 2020: $15,673,773Expenses 2020: $15,280,772Net Income 2020: $393,0012020Revenue 2021: $17,161,793Expenses 2021: $14,941,281Net Income 2021: $2,220,5122021Revenue 2022: $18,842,725Expenses 2022: $16,176,753Net Income 2022: $2,665,9722022Revenue 2023: $26,186,674Expenses 2023: $22,931,334Net Income 2023: $3,255,3402023Revenue 2024: $55,907,265Expenses 2024: $47,027,979Net Income 2024: $8,879,2862024

Highlighted filing

2013

Revenue$7,137,163
Expenses$7,049,941
Net Income$87,222
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Nov 26, 2013
Return Version
2012v2.3
Gross Receipts
$7,171,762
Mission and Program Overview

Mission

(continued from page 1) we work with local residents, businesses, and elected officials to increase economic opportunity in the community. Through these efforts, we serve over 1,500 people each year.

Major Activities

Activity 2
Short term assessment & rapid reintegration program this residential treatment program provides emergency placement for 12 youth (ages 12-18) who are in the care of the massachusetts department of children and families (dcf). The program provides short term assessment for youth who are newly entering dcf care, typically 15 days, or as long as 45 days. The program provides case management and clinical services and assessment. While a youth is in this program they are immediately connected with a clinician for mental health concerns. A registered nurse works with the youth to address and assess any medical needs that they may enter the program with. The goal of the program is to work towards permanent continued on schedule o continued from form 990 page 2 placement solutions for a youth and in engaging the youth and their family members in services. Youth in this program may move back home with stronger services in place, may move in with another family member, may move to a residential program, or may move into a foster care home. Placement is based on the best option for the youth and to decrease movement within the system.
Activity 3
Adolescent group home this group home program provides residential treatment for 12 youths (ages 13-18) who are under the care of the department of children and families. This program provides long term care from three months up to two years. Youths in this program have an array of concerns such as; difficulties in school, issues at home, behavioral issues, and mental health issues. Youths have their medical and mental health needs addressed within the program by a team of professionals. Family members are encouraged to participate in the program whenever possible.
Filing and Contact Details

Filer

EIN
04-3019658
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IRS990/Activity2/Description0SHORT TERM ASSESSMENT & RAPID REINTEGRATION PROGRAM THIS RESIDENTIAL TREATMENT PROGRAM PROVIDES EMERGENCY PLACEMENT FOR 12 YOUTH (AGES 12-18) WHO ARE IN THE CARE OF THE MASSACHUSETTS DEPARTMENT OF CHILDREN AND FAMILIES (DCF). THE PROGRAM PROVIDES SHORT TERM ASSESSMENT FOR YOUTH WHO ARE NEWLY ENTERING DCF CARE, TYPICALLY 15 DAYS, OR AS LONG AS 45 DAYS. THE PROGRAM PROVIDES CASE MANAGEMENT AND CLINICAL SERVICES AND ASSESSMENT. WHILE A YOUTH IS IN THIS PROGRAM THEY ARE IMMEDIATELY CONNECTED WITH A CLINICIAN FOR MENTAL HEALTH CONCERNS. A REGISTERED NURSE WORKS WITH THE YOUTH TO ADDRESS AND ASSESS ANY MEDICAL NEEDS THAT THEY MAY ENTER THE PROGRAM WITH. THE GOAL OF THE PROGRAM IS TO WORK TOWARDS PERMANENT CONTINUED ON SCHEDULE O CONTINUED FROM FORM 990 PAGE 2 PLACEMENT SOLUTIONS FOR A YOUTH AND IN ENGAGING THE YOUTH AND THEIR FAMILY MEMBERS IN SERVICES. YOUTH IN THIS PROGRAM MAY MOVE BACK HOME WITH STRONGER SERVICES IN PLACE, MAY MOVE IN WITH ANOTHER FAMILY MEMBER, MAY MOVE TO A RESIDENTIAL PROGRAM, OR MAY MOVE INTO A FOSTER CARE HOME. PLACEMENT IS BASED ON THE BEST OPTION FOR THE YOUTH AND TO DECREASE MOVEMENT WITHIN THE SYSTEM.
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IRS990/Activity3/Description0ADOLESCENT GROUP HOME THIS GROUP HOME PROGRAM PROVIDES RESIDENTIAL TREATMENT FOR 12 YOUTHS (AGES 13-18) WHO ARE UNDER THE CARE OF THE DEPARTMENT OF CHILDREN AND FAMILIES. THIS PROGRAM PROVIDES LONG TERM CARE FROM THREE MONTHS UP TO TWO YEARS. YOUTHS IN THIS PROGRAM HAVE AN ARRAY OF CONCERNS SUCH AS; DIFFICULTIES IN SCHOOL, ISSUES AT HOME, BEHAVIORAL ISSUES, AND MENTAL HEALTH ISSUES. YOUTHS HAVE THEIR MEDICAL AND MENTAL HEALTH NEEDS ADDRESSED WITHIN THE PROGRAM BY A TEAM OF PROFESSIONALS. FAMILY MEMBERS ARE ENCOURAGED TO PARTICIPATE IN THE PROGRAM WHENEVER POSSIBLE.
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IRS990/Description0SCATTERED SITE FAMILY EMERGENCY SHELTER THIS PROGRAM OFFERS APPROXIMATELY 100 FAMILIES EMERGENCY SHELTER IN TWO TO THREE BEDROOM APARTMENT UNITS, ALL LOCATED IN LYNN, MA. FAMILIES, WHO ENTER THE PROGRAM, ARE REFERRED TO THE PROGRAM BY THE MASSACHUSETTS DEPARTMENT OF TRANSITIONAL ASSISTANCE. EACH FAMILY IS ASSIGNED TO AN INDIVIDUAL FAMILY ADVOCATE WHO SUPPORTS THEM THROUGHOUT THEIR STAY. FAMILY ADVOCATES OFFER OUR FAMILIES RESOURCES, INFORMATION AND SUPPORT TO MAKE THE CHANGES NECESSARY TO ADVANCE THEIR LIVES FROM HOMELESSNESS TO INDEPENDENCE.
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IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear06355944
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year06582690
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years06968834
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years06377338
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years05873003
IRS990ScheduleA/GiftsGrantsContribReceived170/Total032157809
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear013078
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year016579
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years017981
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years013318
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years0833
IRS990ScheduleA/GrossInvestmentIncome170/Total061789
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc01652940
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus1Year09079
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus2Years0151
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus4Years01990
IRS990ScheduleA/OtherIncome170/Total011220
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.99770
IRS990ScheduleA/PublicSupportPertcentPriorYear00.99800
IRS990ScheduleA/PublicSupportTotal170032157809
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear06355944
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year06582690
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years06968834
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years06377338
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years05873003
IRS990ScheduleA/Total170/Total032157809
IRS990ScheduleA/TotalSupport032230818
IRS990/ScheduleBRequired0false
IRS990ScheduleD/AgentTrusteeEtc0false
IRS990ScheduleD/Buildings/BookValue0131658
IRS990ScheduleD/Buildings/Depreciation03942
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis0135600
IRS990ScheduleD/Equipment/BookValue085573
IRS990ScheduleD/Equipment/Depreciation0108475
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis0194048
IRS990ScheduleD/ExpensesNotRptdF990034599
IRS990ScheduleD/ExpensesSubtotal07049941
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A MORE THAN LIKELY OR NOT THRESHOLD. THIS APPLIES TO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE ORGANIZATION REGULARLY ASSESSES THE POTENTIAL SETTLEMENT OUTCOMES RESULTING FROM INCOME TAX EXAMINATIONS. THE ORGANIZATION DOES NOT BELIEVE THAT THERE ARE ANY UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN ITS FINANCIAL STATEMENTS. AS OF THE DATE OF THIS REPORT, THE STATUTE OF LIMITATIONS FOR EXAMINATION BY THE FEDERAL AND MASSACHUSETTS TAXING AUTHORITIES IS OPEN FOR THE ORGANIZATION'S 2009 THROUGH 2012 TAX RETURNS (REPRESENTING THE FISCAL YEARS ENDED JUNE 30, 2010 THROUGH 2013).
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1RENTAL EXPENSES NETTED WITH REVENUE FOR REPORTING ON 990 17,462 FUNDRAISING EVENT COSTS NETTED WITH REVENUES 17,137
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation2RENTAL EXPENSES NETTED WITH REVENUE FOR REPORTING ON 990 17,462 FUNDRAISING EVENT COSTS NETTED WITH REVENUES 17,137
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0LIABILITY UNDER FIN 48 FOOTNOTE
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier2EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/IncludedOnFS0false
IRS990ScheduleD/Land/BookValue0361400
IRS990ScheduleD/Land/OtherCostOrOtherBasis0361400
IRS990ScheduleD/LeaseholdImprovements/BookValue037366
IRS990ScheduleD/LeaseholdImprovements/Depreciation07484
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis044850
IRS990ScheduleD/OtherExpensesIncluded034599
IRS990ScheduleD/OtherRevenues034599
IRS990ScheduleD/RevenueNotRptdF990034599
IRS990ScheduleD/RevenueSubtotal07137163
IRS990ScheduleD/TotalExpensesPerForm99007049941
IRS990ScheduleD/TotalOfBookValueLandBuildings0615997
IRS990ScheduleD/TotalRevenuePerForm99007137163
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt07084540
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt07171762
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent107035
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent206623
IRS990ScheduleG/EventsInformation/CharitableContributionsTotal013658
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents017137
IRS990ScheduleG/EventsInformation/FoodAndBeverageEvent10265
IRS990ScheduleG/EventsInformation/FoodAndBeverageEvent20262
IRS990ScheduleG/EventsInformation/FoodAndBeverageTotalEvents0527
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent1010050
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent206623
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal016673
IRS990ScheduleG/EventsInformation/GrossRevenueEvent103015
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents03015
IRS990ScheduleG/EventsInformation/NameOfEvent10GALA 2013
IRS990ScheduleG/EventsInformation/NameOfEvent20PUBLIC ARTS 3.0
IRS990ScheduleG/EventsInformation/NetIncomeSummary0-14122
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent108555

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$40.7$18.3$22.5$55.9$47.0$8.88
2023Detailed filing. Detailed filing data is available for this year.$29.2$15.6$13.6$26.2$22.9$3.26
2022Detailed filing. Detailed filing data is available for this year.$25.1$15.0$10.1$18.8$16.2$2.67
2021Detailed filing. Detailed filing data is available for this year.$22.9$16.8$6.14$17.2$14.9$2.22
2020Detailed filing. Detailed filing data is available for this year.$21.2$18.0$3.19$15.7$15.3$0.39
2019Detailed filing. Detailed filing data is available for this year.$11.5$7.61$3.84$15.5$14.8$0.72
2018Detailed filing. Detailed filing data is available for this year.$10.1$6.66$3.43$14.6$14.5$0.11
2017Detailed filing. Detailed filing data is available for this year.$6.40$3.09$3.31$14.2$13.1$1.07
2016Detailed filing. Detailed filing data is available for this year.$5.14$2.90$2.24$12.9$12.2$0.63
2015Detailed filing. Detailed filing data is available for this year.$3.84$2.23$1.61$9.54$9.09$0.45
2014Detailed filing. Detailed filing data is available for this year.$3.07$1.62$1.46$6.62$6.54$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.29$1.38$7.14$7.05$0.09
2012Summary only. Only limited summary data is available for this year.$1.63$0.33$1.29$7.33$7.17$0.17
2011Summary only. Only limited summary data is available for this year.$1.73$0.60$1.13$7.01$6.84$0.16