Civic Intelligence

Partnership for Financial Equity Inc

990EZ • Fiscal year 2019 • EIN 04-3093735

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 05, 2019

PO Box 960305Boston, MA 02196

(800) 982-8268

Siviq Scores

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

Liabilities / Assets

64th percentile

0.03x

Higher debt load relative to assets than 64% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

69th percentile

0.04x

Higher debt load relative to revenue than 69% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

40th percentile

-0.6%

Higher net margin than 40% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

43rd percentile

-0.5%

Faster asset growth than 43% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

83rd percentile

24%

Faster revenue growth than 83% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$171,209

Down $784 (-0.5%) from 2018

Net Assets

Down

$165,681

Down $861 (-0.5%) from 2018

Liabilities

Up

$5,528

Up $77 (+1.4%) from 2018

Revenue

Up

$139,798

Up $26,760 (+24%) from 2018

Expenses

Up

$140,659

Up $27,632 (+24%) from 2018

Net Income

Down

-$861

Down $872 (-7927%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $258,818Liabilities 2011: $2,500Net Assets 2011: $256,3182011Assets 2012: $259,456Liabilities 2012: $2,500Net Assets 2012: $256,9562012Assets 2013: $242,571Liabilities 2013: $2,501Net Assets 2013: $240,0702013Assets 2014: $195,201Liabilities 2014: $553Net Assets 2014: $194,6482014Assets 2015: $194,730Liabilities 2015: $7,905Net Assets 2015: $186,8252015Assets 2016: $177,240Liabilities 2016: $0Net Assets 2016: $177,2402016Assets 2017: $175,083Liabilities 2017: $8,552Net Assets 2017: $166,5312017Assets 2018: $171,993Liabilities 2018: $5,451Net Assets 2018: $166,5422018Assets 2019: $171,209Liabilities 2019: $5,528Net Assets 2019: $165,6812019Assets 2020: $198,946Liabilities 2020: $30,900Net Assets 2020: $168,0462020Assets 2021: $261,915Liabilities 2021: $55,351Net Assets 2021: $206,5642021Assets 2022: $290,690Liabilities 2022: $781Net Assets 2022: $289,9092022Assets 2023: $392,672Liabilities 2023: $24,663Net Assets 2023: $368,0092023Assets 2024: $377,441Liabilities 2024: $663Net Assets 2024: $376,7782024

Highlighted filing

2019

Assets$171,209
Liabilities$5,528
Net Assets$165,681

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $125,008Expenses 2011: $125,469Net Income 2011: -$4612011Revenue 2012: $124,235Expenses 2012: $123,597Net Income 2012: $6382012Revenue 2013: $100,043Expenses 2013: $116,929Net Income 2013: -$16,8862013Revenue 2014: $103,051Expenses 2014: $148,473Net Income 2014: -$45,4222014Revenue 2015: $118,325Expenses 2015: $126,148Net Income 2015: -$7,8232015Revenue 2016: $120,341Expenses 2016: $129,926Net Income 2016: -$9,5852016Revenue 2017: $122,198Expenses 2017: $132,907Net Income 2017: -$10,7092017Revenue 2018: $113,038Expenses 2018: $113,027Net Income 2018: $112018Revenue 2019: $139,798Expenses 2019: $140,659Net Income 2019: -$8612019Revenue 2020: $147,912Expenses 2020: $145,547Net Income 2020: $2,3652020Revenue 2021: $142,065Expenses 2021: $103,547Net Income 2021: $38,5182021Revenue 2022: $189,279Expenses 2022: $105,934Net Income 2022: $83,3452022Revenue 2023: $315,025Expenses 2023: $236,925Net Income 2023: $78,1002023Revenue 2024: $299,724Expenses 2024: $253,955Net Income 2024: $45,7692024

Highlighted filing

2019

Revenue$139,798
Expenses$140,659
Net Income-$861
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$139,798
Mission and Program Overview

Mission

To bring together community organizations and financial institutions to affect positive change in the availability of credit and financial services across massachusetts by encouraging community investment in low and moderate income and minority group neighborhoods and providing research, other information, assistance and direction in understanding and addressing the credit and financial needs of low and moderate income individuals and neighborhoods.

Program Services

DescriptionGrantsExpenses
TO BRING TOGETHER COMMUNITY ORGANIZATIONS AND FINANCIAL INSTITUTIONS TO AFFECT POSITIVE CHANGE IN THE AVAILABILITY OF CREDIT AND FINANCIAL SERVICES ACROSS MASSACHUSETTS BY ENCOURAGING COMMUNITY INVESTMENT IN LOW AND MODERATE INCOME AND MINORITY GROUP NEIGHBORHOODS AND PROVIDING RESEARCH, OTHER INFORMATION, ASSISTANCE AND DIRECTION IN UNDERSTANDING AND ADDRESSING THE CREDIT AND FINANCIAL NEEDS OF LOW AND MODERATE INCOME INDIVIDUALS AND NEIGHBORHOODS.$0$116,205
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BROOK AMESDirector-$0--
THOMAS CALLAHANDirector-$0--
KAREN FREDERICKDirector-$0--
LISA JOYNERDirector-$0--
DAVID BRYANTDirector-$0--
SARAH LAMITIEDirector-$0--
DANNY LEBLANCDirector-$0--
EMILY MORRIS LITONJUADirector-$0--
CHRIS NORRISDirector-$0--
LAKIA WILLIAMSDirector-$0--
SUSAN MURRAYDirector-$0--
DARRELL BYERSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Massachusetts Community & Banking
EIN
04-3093735
Phone
8009828268
Address
PO BOX 960305, BOSTON, MA 02196

Signing Officer

Name
Karl Renney
Title
Treasurer
Phone
8009828268
Signed
2019-11-05
Discuss with paid preparer
Yes

Preparer

Firm
Kevin P Martin Associates Pc
Address
10 FORBES WEST, BRAINTREE, MA 02184
Preparer
Jolanta Tuck CPA
Phone
7813803520
Supplemental Narrative

Additional Explanations

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

Description: interest. Amount: 126.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 5,124. Description: other expenses. Amount: 1,125. Total to form 990-ez, line 14: 6,249.

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

Description: office expenses. Amount: 8,444. Description: travel. Amount: 2,006. Description: payroll taxes. Amount: 3,240. Description: insurance. Amount: 313. Total to form 990-ez, line 16: 14,003.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 15,000. End of year amount: 32,500. Description: prepaid expenses. Beg. Of year amount: 0. End of year amount: 1,072. Description: other depreciable assets. Beg. Of year amount: 4,606. End of year amount: 1,038.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable and accrued expenses. Beg. Of year amount: 5,451. End of year amount: 5,528.

Form 990-ez Part IV

Dana lewinter was the executive diretor until march 2018 and the compensation relates to w-2 wages paid to her from january to march 2018.

Raw XML Appendix183 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BROOK AMES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1THOMAS CALLAHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KAREN FREDERICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LISA JOYNER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DANNY LEBLANC
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11DARRELL BYERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO BRING TOGETHER COMMUNITY ORGANIZATIONS AND FINANCIAL INSTITUTIONS TO AFFECT POSITIVE CHANGE IN THE AVAILABILITY OF CREDIT AND FINANCIAL SERVICES ACROSS MASSACHUSETTS BY ENCOURAGING COMMUNITY INVESTMENT IN LOW AND MODERATE INCOME AND MINORITY GROUP NEIGHBORHOODS AND PROVIDING RESEARCH, OTHER INFORMATION, ASSISTANCE AND DIRECTION IN UNDERSTANDING AND ADDRESSING THE CREDIT AND FINANCIAL NEEDS OF LOW AND MODERATE INCOME INDIVIDUALS AND NEIGHBORHOODS.
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0MCBC.INFO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 126.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 5,124. DESCRIPTION: OTHER EXPENSES. AMOUNT: 1,125. TOTAL TO FORM 990-EZ, LINE 14: 6,249.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OFFICE EXPENSES. AMOUNT: 8,444. DESCRIPTION: TRAVEL. AMOUNT: 2,006. DESCRIPTION: PAYROLL TAXES. AMOUNT: 3,240. DESCRIPTION: INSURANCE. AMOUNT: 313. TOTAL TO FORM 990-EZ, LINE 16: 14,003.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 15,000. END OF YEAR AMOUNT: 32,500. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,072. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 4,606. END OF YEAR AMOUNT: 1,038.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 5,451. END OF YEAR AMOUNT: 5,528.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DANA LEWINTER WAS THE EXECUTIVE DIRETOR UNTIL MARCH 2018 AND THE COMPENSATION RELATES TO W-2 WAGES PAID TO HER FROM JANUARY TO MARCH 2018.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ PART IV
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.
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08009828268
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASSACHUSETTS COMMUNITY & BANKING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COUNCIL INC
ReturnHeader/Filer/BusinessNameControlTxt0MASS
ReturnHeader/Filer/EIN0043093735
ReturnHeader/Filer/PhoneNum08009828268
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 960305
ReturnHeader/Filer/USAddress/CityNm0BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.91.219.129
ReturnHeader/FilingSecurityInformation/IPDt02019-11-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm016:30:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043097400
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KEVIN P MARTIN ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 FORBES WEST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRAINTREE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002184
ReturnHeader/PreparerPersonGrp/PhoneNum07813803520
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOLANTA TUCK CPA
ReturnHeader/ReturnTs02019-11-11T20:57:08-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.77$0.01$3.77$3.00$2.54$0.46
2023Detailed filing. Detailed filing data is available for this year.$3.93$0.25$3.68$3.15$2.37$0.78
2022Detailed filing. Detailed filing data is available for this year.$2.91$0.01$2.90$1.89$1.06$0.83
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.62$0.55$2.07$1.42$1.04$0.39
2020Detailed filing. Detailed filing data is available for this year.$1.99$0.31$1.68$1.48$1.46$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.71$0.06$1.66$1.40$1.41$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.72$0.05$1.67$1.13$1.13$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.75$0.09$1.67$1.22$1.33$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.00$1.77$1.20$1.30$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.95$0.08$1.87$1.18$1.26$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.95$0.01$1.95$1.03$1.48$0.45
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$0.03$2.40$1.00$1.17$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$0.03$2.57$1.24$1.24$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$0.03$2.56$1.25$1.25$0.00