Civic Intelligence

The Bromley Charitable Trust

990PF • Fiscal year 2020 • EIN 04-3237138

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2022

299 Clapboardtree StreetWestwood, MA 02090

(617) 523-3588

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

2020 filings • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

17th percentile

0.00x

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

2020 filings • $10M-$25M nonprofits • Source year 2020

Net Margin

87th percentile

48%

Higher net margin than 87% of similar nonprofits.

2020 filings • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

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

2020 filings • $10M-$25M nonprofits • Source year 2020

Asset Growth

78th percentile

20%

Faster asset growth than 78% of similar nonprofits.

2020 filings • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

94%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$12,044,763

Up $1,970,102 (+20%) from 2019

Net Assets

Up

$12,044,763

Up $1,970,102 (+20%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$4,094,723

Up $1,981,011 (+94%) from 2019

Expenses

Up

$2,124,577

Up $79,400 (+3.9%) from 2019

Net Income

Up

$1,970,146

Up $1,901,611 (+2775%) from 2019

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 2011: $5,232,974Liabilities 2011: $02011Assets 2012: $6,129,001Liabilities 2012: $02012Assets 2013: $7,481,291Liabilities 2013: $02013Assets 2014: $7,095,758Liabilities 2014: $02014Assets 2015: $7,642,493Liabilities 2015: $02015Assets 2019: $10,074,661Liabilities 2019: $0Net Assets 2019: $10,074,6612019Assets 2020: $12,044,763Liabilities 2020: $0Net Assets 2020: $12,044,7632020Assets 2021: $15,855,520Liabilities 2021: $11,9852021Assets 2022: $12,529,972Liabilities 2022: $4,215Net Assets 2022: $12,525,7572022Assets 2023: $14,161,593Liabilities 2023: $1,4982023Assets 2024: $13,798,871Liabilities 2024: $26,241Net Assets 2024: $13,772,6302024

Highlighted filing

2020

Assets$12,044,763
Liabilities$0
Net Assets$12,044,763

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $1,090,466Expenses 2011: $2,765,456Net Income 2011: -$1,674,9902011Revenue 2012: $3,592,679Expenses 2012: $2,692,103Net Income 2012: $900,5762012Revenue 2013: $3,207,528Expenses 2013: $1,853,466Net Income 2013: $1,354,0622013Revenue 2014: $2,656,331Expenses 2014: $3,044,733Net Income 2014: -$388,4022014Revenue 2015: $5,010,756Expenses 2015: $4,470,287Net Income 2015: $540,4692015Revenue 2019: $2,113,712Expenses 2019: $2,045,177Net Income 2019: $68,5352019Revenue 2020: $4,094,723Expenses 2020: $2,124,577Net Income 2020: $1,970,1462020Revenue 2021: $7,933,801Expenses 2021: $4,132,385Net Income 2021: $3,801,4162021Revenue 2022: $682,837Expenses 2022: $4,000,615Net Income 2022: -$3,317,7782022Revenue 2023: $4,619,285Expenses 2023: $2,984,947Net Income 2023: $1,634,3382023Revenue 2024: $6,828,428Expenses 2024: $7,215,893Net Income 2024: -$387,4652024

Highlighted filing

2020

Revenue$4,094,723
Expenses$2,124,577
Net Income$1,970,146
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2022
Return Version
2020v4.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DUNCAN MCFARLANDTrustee-$0--
ELLEN B MCFARLANDTrustee-$0--
NANCY E DEMPZETrustee-$0--
ALICE FARMERTrustee-$0--
Filing and Contact Details

Filer

Filer Name
The Bromley Charitable Trust
EIN
04-3237138
Phone
6175233588
Address
299 CLAPBOARDTREE STREET, WESTWOOD, MA 02090

Signing Officer

Name
Duncan M Mcfarland
Title
Trustee
Phone
6175233588
Signed
2022-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Northeast Investment Management Inc
Address
100 HIGH ST STE 1000, BOSTON, MA 02110-2301
Preparer
Christopher Harris
Phone
6175233588
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0990-PF
GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc1990-PF
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt0AMEDNED STATEMENT
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt1REVISED CONDUIT STATEMENT DUE TO AMENDMENT
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0THE RETURN IS AMENDED TO REFLECT THE NEW ASSET OF VANGUARD GLOBAL ESG SELECT FUND PURCHASED IN 2019. THIS IMPACTED THE BALANCE SHEET, EXCESS DISTRIBUTION CARRYOVER, AND TAX DUE. THE ORIGINAL RETURN REFLECTED A TAX OF $443 WITH AN OVERPAYMENT OF $15,718 TO TAX YEAR 2021. THE TAX DUE WITH THE AMENDED RETURN IS $362.
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt1THE BROMLEY CHARITABLE TRUST 04-3237138THE FOUNDATION FOR TAX YEAR 2020 HAS ELECTED TO BE TREATED AS A CONDUIT PURSUANT TO THE PROVISIONS OF CODE SECTION 170(B) (1) (F) (II). THE DISTRIBUTABLE INCOME FOR THE CURRENT YEAR IS $313,587. THE FOUNDATION MADE GRANTS OF $1,781,414 TO VARIOUS CHARITABLE ORGANIZATIONS IN 2020. THESE GRANTS CREATED AN EXCESS DISTRIBUTION OF $1,467,827 FOR THE CURRENT YEAR. DUNCAN MCFARLAND CONTRIBUTED CASH OF $3,950,000 TO THE FOUNDATION DURING 2020. THE FOUNDATION NEEDED TO DISTRIBUTE $2,482,173 BY MARCH 15, 2021 IN ORDER TO MEET THE REQUIREMENTS OF THE ABOVE-REFERENCED CODE SECTION. THE FOUNDATION HAS EXCESS DISTRIBUTION CARRYOVER OF $9,804,425 FROM TAX YEAR 2019. THEREFORE, WE APPLY UNUSED EXCESS DISTRIBUTION TO FULFILL THE AMOUNT OF $2,482,173 BY MARCH 15, 2021.
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