Civic Intelligence

Swampscott Education Foundation Inc

990EZ • Fiscal year 2020 • EIN 04-3062500

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

Organization ProfileN/A
PO Box 362Swampscott, MA 01907

(781) 599-9627

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

3rd percentile

-388%

Higher net margin than 3% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

30th percentile

-7.7%

Faster asset growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$49,171

Down $4,120 (-7.7%) from 2019

Net Assets

$49,171

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin3rd percentile

Revenue

Up

$1,062

Up $6,499 (+120%) from 2019

Expenses

Down

$5,182

Down $19,468 (-79%) from 2019

Net Income

Up

-$4,120

Up $25,967 (+86%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$100K$50K$0Assets 2011: $69,009Liabilities 2011: $02011Assets 2012: $76,235Liabilities 2012: $02012Assets 2013: $68,123Liabilities 2013: $02013Assets 2014: $66,196Liabilities 2014: $02014Assets 2015: $81,378Liabilities 2015: $02015Assets 2016: $61,055Liabilities 2016: $02016Assets 2017: $81,857Liabilities 2017: $02017Assets 2018: $83,378Liabilities 2018: $02018Assets 2019: $53,291Liabilities 2019: $02019Assets 2020: $49,171Liabilities 2020: $0Net Assets 2020: $49,1712020Assets 2021: $46,536Liabilities 2021: $0Net Assets 2021: $46,5362021Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2020

Assets$49,171
Liabilities$0
Net Assets$49,171
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0-$20K-$40KRevenue 2011: $1,819Expenses 2011: $20,080Net Income 2011: -$18,2612011Revenue 2012: $10,166Expenses 2012: $2,940Net Income 2012: $7,2262012Revenue 2013: $8,245Expenses 2013: $16,357Net Income 2013: -$8,1122013Revenue 2014: $13,419Expenses 2014: $15,346Net Income 2014: -$1,9272014Revenue 2015: $31,766Expenses 2015: $16,584Net Income 2015: $15,1822015Revenue 2016: $25,871Expenses 2016: $46,194Net Income 2016: -$20,3232016Revenue 2017: $30,869Expenses 2017: $10,067Net Income 2017: $20,8022017Revenue 2018: $22,881Expenses 2018: $21,360Net Income 2018: $1,5212018Revenue 2019: -$5,437Expenses 2019: $24,650Net Income 2019: -$30,0872019Revenue 2020: $1,062Expenses 2020: $5,182Net Income 2020: -$4,1202020Revenue 2021: $56Expenses 2021: $2,691Net Income 2021: -$2,6352021Expenses 2024: $45,6332024

Highlighted filing

2020

Revenue$1,062
Expenses$5,182
Net Income-$4,120
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$1,062
Mission and Program Overview

Mission

To support and enhance the swampscott schools

Program Services

DescriptionGrantsExpenses
FUND GRANTS TO SUPPORT AND ENHANCE THE SWAMPSCOTT SCHOOLS$3,862$3,862
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID RITCHIEPresident/Director-$0--
SUSAN SINRICHVice President/Director-$0--
MEGAN MELEGTreasurer/Director-$0--
JANELL A CAMERONClerk/Director-$0--
Filing and Contact Details

Filer

Filer Name
Swampscott Education Foundation Inc
EIN
04-3062500
Phone
7815999627
Address
PO BOX 362, SWAMPSCOTT, MA 01907

Signing Officer

Name
Megan Meleg
Title
Treasurer
Phone
7815999627
Signed
2021-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Tsoutsouras & Company Pc
Address
78 CENTRAL STREET, IPSWICH, MA 01938
Preparer
John J Tsoutsouras
Phone
9783560332
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest. Amount: 57.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: educational. Grantee name: town of swampscott public schools. Grantee address: 207 forest avenue swampscott, ma 01907. Property description: cash. Amount given: 3,862.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: filing fees. Amount: 50. Description: office. Amount: 150. Total to form 990-ez, line 16: 200.”

Raw XML Appendix156 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0MEGAN MELEG
IRS990EZ/BooksInCareOfDetail/PhoneNum02343528405
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt017 BLANEY STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SWAMPSCOTT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001907
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt053291
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt049171
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt01005
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-4120
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01113
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt053291
IRS990EZ/Form990TotalAssetsGrp/EOYAmt049171
IRS990EZ/GrantsAndSimilarAmountsPaidAmt03862
IRS990EZ/GrossReceiptsAmt01062
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt057
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt053291
IRS990EZ/NetAssetsOrFundBalancesEOYAmt049171
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt053291
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt049171
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID RITCHIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SUSAN SINRICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MEGAN MELEG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JANELL A CAMERON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CLERK/DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0200
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT AND ENHANCE THE SWAMPSCOTT SCHOOLS
IRS990EZ/PrintingPublicationsPostageAmt07
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FUND GRANTS TO SUPPORT AND ENHANCE THE SWAMPSCOTT SCHOOLS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt03862
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03862
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt05182
IRS990EZ/TotalProgramServiceExpensesAmt03862
IRS990EZ/TotalRevenueAmt01062
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt021
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt020142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt032020
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt053193
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt057
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0138
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt071
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt056
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt066
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0388
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.41570
IRS990ScheduleA/PublicSupportPY170Pct00.47970
IRS990ScheduleA/PublicSupportTotal170Amt053193
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01005
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt021
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt020142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt032020
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt053193
IRS990ScheduleA/TotalSupportAmt0127966
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt05955
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt024810
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt024978
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt018642
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt074385
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 57.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: EDUCATIONAL. GRANTEE NAME: TOWN OF SWAMPSCOTT PUBLIC SCHOOLS. GRANTEE ADDRESS: 207 FOREST AVENUE SWAMPSCOTT, MA 01907. PROPERTY DESCRIPTION: CASH. AMOUNT GIVEN: 3,862.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: FILING FEES. AMOUNT: 50. DESCRIPTION: OFFICE. AMOUNT: 150. TOTAL TO FORM 990-EZ, LINE 16: 200.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MEGAN MELEG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07815999627
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SWAMPSCOTT EDUCATION FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SWAM
ReturnHeader/Filer/EIN0043062500
ReturnHeader/Filer/PhoneNum07815999627
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 362
ReturnHeader/Filer/USAddress/CityNm0SWAMPSCOTT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001907
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043279444
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TSOUTSOURAS & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt078 CENTRAL STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0IPSWICH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001938
ReturnHeader/PreparerPersonGrp/PhoneNum09783560332
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN J TSOUTSOURAS
ReturnHeader/ReturnTs02021-05-17T13:01:15-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$49,171
Liabilities
$0
Net assets
$49,171
Revenue
$1,062
Expenses
$5,182
Net income
-$4,120
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$45.6
2021Detailed filing. Detailed filing data is available for this year.$46.5$0.00$46.5$0.06$2.69$2.64
2020Detailed filing. Detailed filing data is available for this year.$49.2$0.00$49.2$1.06$5.18$4.12
2019Summary only. Only limited summary data is available for this year.$53.3$0.00$5.44$24.7$30.1
2018Summary only. Only limited summary data is available for this year.$83.4$0.00$22.9$21.4$1.52
2017Summary only. Only limited summary data is available for this year.$81.9$0.00$30.9$10.1$20.8
2016Summary only. Only limited summary data is available for this year.$61.1$0.00$25.9$46.2$20.3
2015Summary only. Only limited summary data is available for this year.$81.4$0.00$31.8$16.6$15.2
2014Summary only. Only limited summary data is available for this year.$66.2$0.00$13.4$15.3$1.93
2013Summary only. Only limited summary data is available for this year.$68.1$0.00$8.25$16.4$8.11
2012Summary only. Only limited summary data is available for this year.$76.2$0.00$10.2$2.94$7.23
2011Summary only. Only limited summary data is available for this year.$69.0$0.00$1.82$20.1$18.3