Civic Intelligence

City on a Hill Foundation Inc.

990 • Fiscal year 2018 • EIN 04-3217458

Jul 01, 2017 to Jun 30, 2018 • Filed on May 01, 2019

15 Allerton Street No 1Roxbury, MA 02119

(617) 533-9451

Siviq Scores

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

Liabilities / Assets

78th percentile

0.60x

Higher debt load relative to assets than 78% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

7.64x

Higher debt load relative to revenue than 95% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

57th percentile

5.1%

Higher net margin than 57% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

24th percentile

$106,019

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

34th percentile

-1.5%

Faster asset growth than 34% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

14th percentile

-16%

Faster revenue growth than 14% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Down

$14,292,123

Down $216,794 (-1.5%) from 2017

Net Assets

Up

$5,672,197

Up $57,609 (+1.0%) from 2017

Liabilities

Down

$8,619,926

Down $274,403 (-3.1%) from 2017

Revenue

Down

$1,128,176

Down $214,039 (-16%) from 2017

Expenses

Down

$1,070,567

Down $165,155 (-13%) from 2017

Net Income

Down

$57,609

Down $48,884 (-46%) from 2017

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $13,964,354Liabilities 2010: $10,364,301Net Assets 2010: $3,600,0532010Assets 2011: $14,071,549Liabilities 2011: $10,244,103Net Assets 2011: $3,827,4462011Assets 2012: $14,001,685Liabilities 2012: $9,965,969Net Assets 2012: $4,035,7162012Assets 2013: $14,853,995Liabilities 2013: $9,733,710Net Assets 2013: $5,120,2852013Assets 2014: $15,470,847Liabilities 2014: $9,455,010Net Assets 2014: $6,015,8372014Assets 2015: $15,173,233Liabilities 2015: $9,288,827Net Assets 2015: $5,884,4062015Assets 2016: $14,693,424Liabilities 2016: $9,185,329Net Assets 2016: $5,508,0952016Assets 2017: $14,508,917Liabilities 2017: $8,894,329Net Assets 2017: $5,614,5882017Assets 2018: $14,292,123Liabilities 2018: $8,619,926Net Assets 2018: $5,672,1972018Assets 2019: $13,102,680Liabilities 2019: $8,303,252Net Assets 2019: $4,799,4282019Assets 2020: $12,916,689Liabilities 2020: $8,190,017Net Assets 2020: $4,726,6722020Assets 2021: $8,917,770Liabilities 2021: $4,830,984Net Assets 2021: $4,086,7862021Assets 2022: $8,602,541Liabilities 2022: $4,540,013Net Assets 2022: $4,062,5282022Assets 2023: $6,471,630Liabilities 2023: $2,563,151Net Assets 2023: $3,908,4792023Assets 2024: $4,076,040Liabilities 2024: $34,971Net Assets 2024: $4,041,0692024

Highlighted filing

2018

Assets$14,292,123
Liabilities$8,619,926
Net Assets$5,672,197

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,031,4052010Expenses 2011: $936,3292011Expenses 2012: $929,7642012Revenue 2013: $1,951,356Expenses 2013: $866,787Net Income 2013: $1,084,5692013Revenue 2014: $2,421,856Expenses 2014: $1,345,907Net Income 2014: $1,075,9492014Revenue 2015: $1,777,198Expenses 2015: $1,908,629Net Income 2015: -$131,4312015Revenue 2016: $1,280,701Expenses 2016: $1,657,012Net Income 2016: -$376,3112016Revenue 2017: $1,342,215Expenses 2017: $1,235,722Net Income 2017: $106,4932017Revenue 2018: $1,128,176Expenses 2018: $1,070,567Net Income 2018: $57,6092018Revenue 2019: $819,041Expenses 2019: $1,691,810Net Income 2019: -$872,7692019Revenue 2020: $502,380Expenses 2020: $575,136Net Income 2020: -$72,7562020Revenue 2021: $284,286Expenses 2021: $924,172Net Income 2021: -$639,8862021Revenue 2022: $577,985Expenses 2022: $602,243Net Income 2022: -$24,2582022Revenue 2023: $332,706Expenses 2023: $486,755Net Income 2023: -$154,0492023Revenue 2024: $500,622Expenses 2024: $368,032Net Income 2024: $132,5902024

Highlighted filing

2018

Revenue$1,128,176
Expenses$1,070,567
Net Income$57,609
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 1, 2019
Return Version
2017v2.3
Gross Receipts
$1,208,368
Mission and Program Overview

Mission

The mission of the foundation is to support the city on a hill charter public schools in providing a secondary education to its students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,918,715$8,734,409▼ $184,306
Savings and Temporary Cash Investments$3,287,630$3,423,631▲ $136,001
Cash and Non-Interest-Bearing Accounts$2,116,259$1,945,971▼ $170,288
Prepaid Expenses and Deferred Charges$9,833$14,250▲ $4,417
Pledges and Grants Receivable$3,200$0▼ $3,200
Total Assets$14,508,917$14,292,123▼ $216,794
Other Assets Total$173,280$173,862▲ $582
Liabilities
Tax Exempt Bond Liabilities$5,167,467$4,937,527▼ $229,940
Mortgage Notes Payable Secured by Investment Property$3,521,500$3,521,500→ $0
Other Liabilities$170,358$120,027▼ $50,331
Accounts Payable and Accrued Expenses$35,004$40,872▲ $5,868
Total Liabilities$8,894,329$8,619,926▼ $274,403
Net Assets / Fund Balance
Unrestricted Net Assets$4,730,642$4,972,804▲ $242,162
Temporarily Rstr Net Assets$883,946$699,393▼ $184,553
Total Net Assets Fund Balance$5,614,588$5,672,197▲ $57,609
Total Liabilities and Net Assets / Fund Balance$14,508,917$14,292,123▼ $216,794

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,963,417$2,868,822$10,832,239
Land$684,492-$684,492
Equipment$86,500$41,973$128,473
Compensation and Service Providers

Employees

NameTitleOtherTotal
Sally BachoferBoard Member, Former Execu$106,019$106,019

Board Members and Trustees

NameTitle
Michael GrossmanPresident
Dan CavanaughBoard Member
Tripp JonesBoard Member
Steve LabrieClerk
Maile ClarkTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$505,204
Program Service Revenue
$0
Investment Income
$140,827
Other Revenue
$482,145
All Other Contributions
$415,974
Change in Net Assets
$57,609

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$152,706Fair Market Value (FMV)
Total Noncash Contributions1$152,706-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$539,456
Other Expenses$531,111
Total Fundraising Expense$49,232
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$489,500--$489,500
Depreciation Depletion$270,806--$270,806
Interest$122,646--$122,646
Fees for Services Management-$50,000$46,000$96,000
Grants to Domestic Individuals$49,956--$49,956
Occupancy$18,240--$18,240
Fees for Services Accounting-$10,853-$10,853
Office Expenses-$5,469-$5,469
Other Expenses--$3,232$3,232
Insurance$2,254--$2,254
Fees for Services Legal$1,611--$1,611
Total Functional Expenses$955,013$66,322$49,232$1,070,567
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City on a Hill Charter Public School Circuit StreetJamaica Plain, MA170(b)(1)(a)(ii)Support of Charter School-
City on a Hill Charter Public School Dudley SquareJamaica Plain, MA170(b)(1)(a)(ii)Support of Charter School-
City on a Hill Charter Public School New BedfordJamaica Plain, MA170(b)(1)(a)(ii)Support of Charter School-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$80,192
Fundraising Gross Income$37,577
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Coah Annual Gala$126,807$37,577$17,743$19,834
Total Events$126,807$37,577$80,192$-42,615
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Entities$120,027

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMassachusetts Development Finance Agency2008-04-23$6,700,000BUILDING ACQUISITION

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$6,700,000---

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board of trustees reviews and approves the form 990 before it is filed.

Form 990, Part VI, Section C, Line 18

City on a hill foundation, inc. Makes its form 990 available to the public upon request.

Form 990, Part VI, Section C, Line 19

City on a hill foundation, inc.'s governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
City on a Hill Foundation Inc
EIN
04-3217458
Phone
6175339451
Address
15 ALLERTON STREET NO 1, ROXBURY, MA 02119

Signing Officer

Name
Elizabeth Dignan
Title
Senior Director of Finance
Phone
8572564319
Signed
2019-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Dignan
Formed
1994
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
5
Employees
0
Volunteers
54

Preparer

Firm
Alexander Aronson Finning & Co Pc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Matthew T Mcginnis
Phone
5083669100
Supplemental Narrative

Additional Explanations

Form 990, Part XII. Line 2C

The full board assumes responsibility for the oversight of the audit of its financial statements and selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

The foundation accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the general purpose combined financial statements regarding a tax position taken or expected to be taken in a tax return. The foundation has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the general purpose combined financial statements at june 30, 2018. The foundation's information returns are subject to examination by the federal and state jurisdictions.

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IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0524760
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0524760
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03287630
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03423631
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION PROVIDED FINANCIAL SUPPORT TO EACH OF ITS SUPPORTED ORGANIZATIONS. EACH SUPPORTED ORGANIZATION IS SEPARATELY CHARTED AS A PUBLIC CHARTER SCHOOL IN THE COMMONWEALTH OF MASSACHUSETTS UNDER CHAPTER 76 SECTION 89 OF THE FEDERAL LAWS OF MASSACHUSETTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 1C
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt03
IRS990ScheduleA/SupportedOrganizationsTotalCnt03
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0043283025
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1462299653
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2462316505
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd21
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd16
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd26
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0213000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt114000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt2262500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CITY ON A HILL CHARTER PUBLIC SCHOOL CIRCUIT STREET
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1CITY ON A HILL CHARTER PUBLIC SCHOOL DUDLEY SQUARE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2CITY ON A HILL CHARTER PUBLIC SCHOOL NEW BEDFORD
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0489500
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt07963417
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02868822
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010832239
IRS990ScheduleD/EquipmentGrp/BookValueAmt086500
IRS990ScheduleD/EquipmentGrp/DepreciationAmt041973
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0128473
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0684492
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0684492
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0120027
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED ENTITIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE GENERAL PURPOSE COMBINED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE GENERAL PURPOSE COMBINED FINANCIAL STATEMENTS AT JUNE 30, 2018. THE FOUNDATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08734409
IRS990ScheduleD/TotalLiabilityAmt0120027
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt089230
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt089230
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt080192
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0COAH ANNUAL GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt050013
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt050013
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0126807
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0126807
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt037577
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt037577
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-42615
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt012436
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt012436
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt017743
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt017743
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt049956
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO STUDENTS FOR COLLEGE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt09
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/RecipientTable/IRCSectionDesc0170(B)(1)(A)(II)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1170(B)(1)(A)(II)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2170(B)(1)(A)(II)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt0213000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt114000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt2262500
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT OF CHARTER SCHOOL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SUPPORT OF CHARTER SCHOOL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SUPPORT OF CHARTER SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CITY ON A HILL CHARTER PUBLIC SCHOOL CIRCUIT STREET
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CITY ON A HILL CHARTER PUBLIC SCHOOL DUDLEY SQUARE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CITY ON A HILL CHARTER PUBLIC SCHOOL NEW BEDFORD
IRS990ScheduleI/RecipientTable/RecipientEIN0043283025
IRS990ScheduleI/RecipientTable/RecipientEIN1462299653
IRS990ScheduleI/RecipientTable/RecipientEIN2462316505
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt031 HEATH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt131 HEATH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt231 HEATH STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0JAMAICA PLAIN
IRS990ScheduleI/RecipientTable/USAddress/CityNm1JAMAICA PLAIN
IRS990ScheduleI/RecipientTable/USAddress/CityNm2JAMAICA PLAIN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002130
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd102130
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd202130
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc2FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION MONITORS THE USE OF GRANT FUNDS THROUGH THEIR ACCOUNTING SYSTEM AND REVIEW OF FUNDING BY MANAGEMENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt03
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02008-04-23
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0043217458
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0890650162
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt06700000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0MASSACHUSETTS DEVELOPMENT FINANCE AGENCY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0BUILDING ACQUISITION
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt06700000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0173862
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02008
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt06700000
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV

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.$4.08$0.03$4.04$0.50$0.37$0.13
2023Detailed filing. Detailed filing data is available for this year.$6.47$2.56$3.91$0.33$0.49$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.60$4.54$4.06$0.58$0.60$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.92$4.83$4.09$0.28$0.92$0.64
2020Detailed filing. Detailed filing data is available for this year.$12.9$8.19$4.73$0.50$0.58$0.07
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$8.30$4.80$0.82$1.69$0.87
2018Detailed filing. Detailed filing data is available for this year.$14.3$8.62$5.67$1.13$1.07$0.06
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$8.89$5.61$1.34$1.24$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.7$9.19$5.51$1.28$1.66$0.38
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.2$9.29$5.88$1.78$1.91$0.13
2014Detailed filing. Detailed filing data is available for this year.$15.5$9.46$6.02$2.42$1.35$1.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.9$9.73$5.12$1.95$0.87$1.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$9.97$4.04$0.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$10.2$3.83$0.94
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$10.4$3.60$1.03