Civic Intelligence

Franklin Park Development Tenant Association Inc

990 • Fiscal year 2021 • EIN 04-3265319

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 14, 2022

246 Humboldt AvenueDorchester, MA 02121

(617) 427-5339

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

47th percentile

0.20x

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

62nd percentile

18%

Higher net margin than 62% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

16th percentile

$37,079

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 14.4% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

23rd percentile

0.3%

Faster asset growth than 23% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

1st percentile

-81%

Faster revenue growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$10,890,350

Up $30,722 (+0.3%) from 2020

Net Assets

Up

$10,839,623

Up $27,806 (+0.3%) from 2020

Liabilities

Up

$50,727

Up $2,916 (+6.1%) from 2020

Revenue

Down

$257,774

Down $1,097,185 (-81%) from 2020

Expenses

Down

$210,109

Down $19,606 (-8.5%) from 2020

Net Income

Down

$47,665

Down $1,077,579 (-96%) from 2020

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $6,765,325Liabilities 2010: $8,500Net Assets 2010: $6,756,8252010Assets 2011: $6,849,360Liabilities 2011: $17,300Net Assets 2011: $6,832,0602011Assets 2012: $6,316,733Liabilities 2012: $16,056Net Assets 2012: $6,300,6772012Assets 2013: $6,112,436Liabilities 2013: $12,580Net Assets 2013: $6,099,8562013Assets 2014: $5,849,069Liabilities 2014: $14,403Net Assets 2014: $5,834,6662014Assets 2015: $5,460,635Liabilities 2015: $10,675Net Assets 2015: $5,449,9602015Assets 2016: $6,477,987Liabilities 2016: $13,275Net Assets 2016: $6,464,7122016Assets 2017: $5,845,810Liabilities 2017: $20,817Net Assets 2017: $5,824,9932017Assets 2018: $7,886,379Liabilities 2018: $117,449Net Assets 2018: $7,768,9302018Assets 2019: $9,683,330Liabilities 2019: $38,504Net Assets 2019: $9,644,8262019Assets 2020: $10,859,628Liabilities 2020: $47,811Net Assets 2020: $10,811,8172020Assets 2021: $10,890,350Liabilities 2021: $50,727Net Assets 2021: $10,839,6232021Assets 2022: $12,181,170Liabilities 2022: $80,592Net Assets 2022: $12,100,5782022Assets 2023: $12,798,237Liabilities 2023: $100,761Net Assets 2023: $12,697,4762023Assets 2024: $10,280,468Liabilities 2024: $105,801Net Assets 2024: $10,174,6672024Assets 2025: $7,735,581Liabilities 2025: $132,640Net Assets 2025: $7,602,9412025

Highlighted filing

2021

Assets$10,890,350
Liabilities$50,727
Net Assets$10,839,623

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $162,3722010Revenue 2011: $217,366Expenses 2011: $142,131Net Income 2011: $75,2352011Expenses 2012: $895,5912012Revenue 2013: $115,317Expenses 2013: $316,138Net Income 2013: -$200,8212013Revenue 2014: $151,411Expenses 2014: $416,601Net Income 2014: -$265,1902014Revenue 2015: $157,328Expenses 2015: $542,034Net Income 2015: -$384,7062015Revenue 2016: $1,283,636Expenses 2016: $268,884Net Income 2016: $1,014,7522016Revenue 2017: $75,150Expenses 2017: $714,436Net Income 2017: -$639,2862017Revenue 2018: $2,258,987Expenses 2018: $259,750Net Income 2018: $1,999,2372018Revenue 2019: $2,147,745Expenses 2019: $271,849Net Income 2019: $1,875,8962019Revenue 2020: $1,354,959Expenses 2020: $229,715Net Income 2020: $1,125,2442020Revenue 2021: $257,774Expenses 2021: $210,109Net Income 2021: $47,6652021Revenue 2022: $1,783,439Expenses 2022: $409,081Net Income 2022: $1,374,3582022Revenue 2023: $1,324,998Expenses 2023: $710,941Net Income 2023: $614,0572023Revenue 2024: -$1,859,206Expenses 2024: $662,695Net Income 2024: -$2,521,9012024Revenue 2025: -$1,833,919Expenses 2025: $856,957Net Income 2025: -$2,690,8762025

Highlighted filing

2021

Revenue$257,774
Expenses$210,109
Net Income$47,665
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 14, 2022
Return Version
2020v4.2
Gross Receipts
$257,774
Mission and Program Overview

Mission

To provide support services and related community based housing programs to low and moderate income residents and to provide relief for the poor.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,480$9,087▲ $5,607
Prepaid Expenses and Deferred Charges$9,304$7,267▼ $2,037
Land, Buildings, and Equipment, Net$16,225$-9,804▼ $26,029
Total Assets$10,859,628$10,890,350▲ $30,722
Other Assets Total$10,830,619$10,883,800▲ $53,181
Liabilities
Accounts Payable and Accrued Expenses$47,811$50,727▲ $2,916
Total Liabilities$47,811$50,727▲ $2,916
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,811,817$10,839,623▲ $27,806
Total Net Assets Fund Balance$10,811,817$10,839,623▲ $27,806
Total Liabilities and Net Assets / Fund Balance$10,859,628$10,890,350▲ $30,722

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$150,343$150,343
Equipment$-9,804$118,871$109,067
Other Assets Org$100,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Juanita PittsVice PresidentPT$27,079$10,000$37,079
Patricia MayoPresidentPT$27,079$10,000$37,079

Board Members and Trustees

NameTitle
Barbara MorganBoard Member
Daphne LopesBoard Member
Eboni HintonBoard Member
Josymir RiveriaBoard Member
Vusama KaribaBoard Member
Jacqueline SmithClerk
Revenue and Support

Revenue Composition

Contributions and Grants
$2,500
Program Service Revenue
$184,672
Investment Income
$70,602
Other Revenue
$0
All Other Contributions
$2,500
Change in Net Assets
$47,665
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$155,951
Salaries, Compensation, and Employee Benefits$54,158
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$54,158--$54,158
Fees for Services Accounting-$29,271-$29,271
Office Expenses$18,474--$18,474
Insurance$12,692--$12,692
Depreciation Depletion$3,028--$3,028
Other Expenses$2,719--$2,719
Total Functional Expenses$180,838$29,271$0$210,109
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A copy of the form 990 is made available to board.

Form 990, Part VI, Section B, Line 12C

Per the agency's corporate compliance program, all board members have received training in the program.

Form 990, Part VI, Section C, Line 19

The documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Franklin Park Development Tenant
EIN
04-3265319
Phone
6174275339
Address
246 HUMBOLDT AVENUE, DORCHESTER, MA 02121

Signing Officer

Name
Patricia Mayo
Title
President
Phone
6174275339
Signed
2022-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Mayo
Formed
1994
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
ONE BOSTON PLACE SUITE 500, BOSTON, MA 02108
Preparer
Lori Rothe Yokobosky CPA
Phone
6176481400
Supplemental Narrative

Additional Explanations

Form 990 XII Line 2C Explanation

The organization has a committee responsible for the oversight of the audit as well as the selection of the independent accountant.

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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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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0187172
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01278042
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02006438
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02166235
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt027315
IRS990ScheduleA/Total509Grp/TotalAmt05665202
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0257774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01354959
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02102580
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02258987
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0125350
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06099650
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0-9804
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0118871
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0109067
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02077564
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt18706236
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2100000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SPECIAL ESCROWS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INVESTMENT IN FHLP
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DUE FROM RELATED PARTY
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0150343
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0150343
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0-9804
IRS990ScheduleD/TotalBookValueOtherAssetsAmt010883800
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS MADE AVAILABLE TO BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PER THE AGENCY'S CORPORATE COMPLIANCE PROGRAM, ALL BOARD MEMBERS HAVE RECEIVED TRAINING IN THE PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AS WELL AS THE SELECTION OF THE INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 XII LINE 2C EXPLANATION
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0043417515
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct00.99990
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0FRANKLIN HIGHLAND LIMITED PARTNERSHIP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt058757313
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt0184672
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt027 MICA LANE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0WELLESLEY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd002481
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010859628
IRS990/TotalAssetsEOYAmt010890350
IRS990/TotalAssetsGrp/BOYAmt010859628
IRS990/TotalAssetsGrp/EOYAmt010890350
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt029271
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0180838
IRS990/TotalFunctionalExpensesGrp/TotalAmt0210109
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt047811
IRS990/TotalLiabilitiesEOYAmt050727
IRS990/TotalLiabilitiesGrp/BOYAmt047811
IRS990/TotalLiabilitiesGrp/EOYAmt050727
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010811817
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010839623
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0180838
IRS990/TotalProgramServiceRevenueAmt0184672
IRS990/TotalReportableCompFromOrgAmt054158
IRS990/TotalRevenueGrp/ExclusionAmt070602
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0184672
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0257774
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010859628
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010890350
IRS990/TotReportableCompRltdOrgAmt020000
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0246 HUMBOLDT AVENUE
IRS990/USAddress/CityNm0DORCHESTER
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002121
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICIA MAYO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06174275339
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKLIN PARK DEVELOPMENT TENANT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FRAN

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.74$0.13$7.60$1.83$0.86$2.69
2024Detailed filing. Detailed filing data is available for this year.$10.3$0.11$10.2$1.86$0.66$2.52
2023Detailed filing. Detailed filing data is available for this year.$12.8$0.10$12.7$1.32$0.71$0.61
2022Detailed filing. Detailed filing data is available for this year.$12.2$0.08$12.1$1.78$0.41$1.37
2021Detailed filing. Detailed filing data is available for this year.$10.9$0.05$10.8$0.26$0.21$0.05
2020Detailed filing. Detailed filing data is available for this year.$10.9$0.05$10.8$1.35$0.23$1.13
2019Detailed filing. Detailed filing data is available for this year.$9.68$0.04$9.64$2.15$0.27$1.88
2018Summary only. Only limited summary data is available for this year.$7.89$0.12$7.77$2.26$0.26$2.00
2017Detailed filing. Detailed filing data is available for this year.$5.85$0.02$5.82$0.08$0.71$0.64
2016Detailed filing. Detailed filing data is available for this year.$6.48$0.01$6.46$1.28$0.27$1.01
2015Detailed filing. Detailed filing data is available for this year.$5.46$0.01$5.45$0.16$0.54$0.38
2014Detailed filing. Detailed filing data is available for this year.$5.85$0.01$5.83$0.15$0.42$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.11$0.01$6.10$0.12$0.32$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.32$0.02$6.30$0.90
2011Summary only. Only limited summary data is available for this year.$6.85$0.02$6.83$0.22$0.14$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.77$0.01$6.76$0.16