Civic Intelligence

Worcester East Side Community Development Corporation

990 • Fiscal year 2013 • EIN 04-3280116

Jul 01, 2012 to Jun 30, 2013 • Filed on Feb 10, 2014

409 Shrewsbury StreetWorcester, MA 01604
Siviq Scores

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

Liabilities / Assets

78th percentile

0.50x

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

95th percentile

5.65x

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

2nd percentile

-126%

Higher net margin than 2% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

13th percentile

-9.4%

Faster asset growth than 13% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$2,676,674

Down $277,367 (-9.4%) from 2012

Net Assets

Down

$1,338,261

Down $298,067 (-18%) from 2012

Liabilities

Up

$1,338,413

Up $20,700 (+1.6%) from 2012

Revenue

$236,713

No earlier filing loaded for comparison.

Expenses

Down

$534,779

Down $76,895 (-13%) from 2012

Net Income

-$298,066

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $3,168,921Liabilities 2010: $1,435,860Net Assets 2010: $1,733,0612010Assets 2011: $3,150,060Liabilities 2011: $1,350,116Net Assets 2011: $1,799,9442011Assets 2012: $2,954,041Liabilities 2012: $1,317,713Net Assets 2012: $1,636,3282012Assets 2013: $2,676,674Liabilities 2013: $1,338,413Net Assets 2013: $1,338,2612013Assets 2014: $2,663,117Liabilities 2014: $1,529,288Net Assets 2014: $1,133,8292014Assets 2015: $2,089,686Liabilities 2015: $1,292,500Net Assets 2015: $797,1862015Assets 2016: $2,000,015Liabilities 2016: $1,456,530Net Assets 2016: $543,4852016Assets 2017: $2,676,411Liabilities 2017: $2,329,857Net Assets 2017: $346,5542017Assets 2018: $4,123,029Liabilities 2018: $4,054,892Net Assets 2018: $68,1372018Assets 2019: $3,575,118Liabilities 2019: $3,904,294Net Assets 2019: -$329,1762019Assets 2020: $3,401,501Liabilities 2020: $3,869,346Net Assets 2020: -$467,8452020Assets 2021: $3,581,582Liabilities 2021: $4,059,138Net Assets 2021: -$477,5562021Assets 2022: $3,314,610Liabilities 2022: $3,530,017Net Assets 2022: -$215,4072022Assets 2023: $3,111,222Liabilities 2023: $3,565,602Net Assets 2023: -$454,3802023Assets 2024: $3,019,324Liabilities 2024: $3,588,943Net Assets 2024: -$569,6192024Assets 2025: $2,786,020Liabilities 2025: $3,413,405Net Assets 2025: -$627,3852025

Highlighted filing

2013

Assets$2,676,674
Liabilities$1,338,413
Net Assets$1,338,261

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,440,5512010Expenses 2011: $1,220,4192011Expenses 2012: $611,6742012Revenue 2013: $236,713Expenses 2013: $534,779Net Income 2013: -$298,0662013Revenue 2014: $276,940Expenses 2014: $481,372Net Income 2014: -$204,4322014Revenue 2015: $162,007Expenses 2015: $498,650Net Income 2015: -$336,6432015Revenue 2016: $205,632Expenses 2016: $459,333Net Income 2016: -$253,7012016Revenue 2017: $208,427Expenses 2017: $402,368Net Income 2017: -$193,9412017Revenue 2018: $239,149Expenses 2018: $513,322Net Income 2018: -$274,1732018Revenue 2019: $313,853Expenses 2019: $708,076Net Income 2019: -$394,2232019Revenue 2020: $448,469Expenses 2020: $584,972Net Income 2020: -$136,5032020Revenue 2021: $556,381Expenses 2021: $566,092Net Income 2021: -$9,7112021Revenue 2022: $823,712Expenses 2022: $561,563Net Income 2022: $262,1492022Revenue 2023: $228,952Expenses 2023: $467,925Net Income 2023: -$238,9732023Revenue 2024: $289,217Expenses 2024: $404,456Net Income 2024: -$115,2392024Revenue 2025: $366,856Expenses 2025: $424,622Net Income 2025: -$57,7662025

Highlighted filing

2013

Revenue$236,713
Expenses$534,779
Net Income-$298,066
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Feb 10, 2014
Return Version
2012v2.1
Gross Receipts
$236,713
Mission and Program Overview

Mission

To stabilize and revitalize the East Side Neighborhoods that we serve in order to improve the quality of life for all those who reside or work here. We aim to reduce neighborhood blight, preserve current housing stock, increase the availability of quality home ownership opportunities and affordable well-managed rental units, provide economic and educational programs, promote the activities of new and existing businesses and create a safer, healthier community for all. We seek to foster open channels of communication among those within the community and the government. We involve all that have an interest and encourage their leadership and growth to achieve these objectives.

Filing and Contact Details

Filer

EIN
04-3280116
Raw XML AppendixShowing 400 of 479 raw XML fields

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IRS990ScheduleD/OtherAssets/BookValue0199436
IRS990ScheduleD/OtherAssets/Description0CONSTRUCTION IN PROGRESS-FORBES
IRS990ScheduleD/OtherLiabilities/Amount03570
IRS990ScheduleD/OtherLiabilities/Description0FUNDS HELD IN TRUST
IRS990ScheduleD/RevenueNotRptdF9900173
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal0236713
IRS990ScheduleD/TotalBookValueOtherAssets0199436
IRS990ScheduleD/TotalExpensesPerForm9900534779
IRS990ScheduleD/TotalOfAmounts03570
IRS990ScheduleD/TotalOfBookValueLandBuildings01499603
IRS990ScheduleD/TotalRevenuePerForm9900236713
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0534952
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0236886
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0THE ORGANIZATION HAS MEMBERS THAT CONSIST OF THE BOARD MEMBERS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE COMPLETED FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW AND IT IS THEN PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL.
IRS990ScheduleO/GeneralExplanation/Explanation2ANNUALLY BOTH THE BOARD AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE OTHER AFFILIATIONS.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION DETERMINES THE EXECUTIVE DIRECTOR AND OTHER OFFICERS, KEY EMPLOYEES COMPENSATION BY THE BOARD BASED ON RECOMMENDATIONS BY THE HUMAN RESOURCE COMMITTEE. COMPARABLE DATA IS USED FROM AVAILABLE DATA FROM OTHER CDC'S AS WELL AS DATA THAT THE HUMAN RESOURCE COMMITTEE CHAIR HAS ACCESS TO.
IRS990ScheduleO/GeneralExplanation/Explanation4THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC, THE FORM 990 IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION C, LINE 19
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0MA
IRS990/StatesWhereCopyOfReturnIsFiled0MA
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10409 SHREWSBURY STREET
IRS990/TheBooksAreInCareOf/AddressUS/City0WORCESTER
IRS990/TheBooksAreInCareOf/AddressUS/State0MA
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode001604

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.79$3.41$0.63$0.37$0.42$0.06
2024Detailed filing. Detailed filing data is available for this year.$3.02$3.59$0.57$0.29$0.40$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.11$3.57$0.45$0.23$0.47$0.24
2022Detailed filing. Detailed filing data is available for this year.$3.31$3.53$0.22$0.82$0.56$0.26
2021Detailed filing. Detailed filing data is available for this year.$3.58$4.06$0.48$0.56$0.57$0.01
2020Detailed filing. Detailed filing data is available for this year.$3.40$3.87$0.47$0.45$0.58$0.14
2019Detailed filing. Detailed filing data is available for this year.$3.58$3.90$0.33$0.31$0.71$0.39
2018Detailed filing. Detailed filing data is available for this year.$4.12$4.05$0.07$0.24$0.51$0.27
2017Detailed filing. Detailed filing data is available for this year.$2.68$2.33$0.35$0.21$0.40$0.19
2016Detailed filing. Detailed filing data is available for this year.$2.00$1.46$0.54$0.21$0.46$0.25
2015Detailed filing. Detailed filing data is available for this year.$2.09$1.29$0.80$0.16$0.50$0.34
2014Detailed filing. Detailed filing data is available for this year.$2.66$1.53$1.13$0.28$0.48$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$1.34$1.34$0.24$0.53$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$1.32$1.64$0.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.15$1.35$1.80$1.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.17$1.44$1.73$2.44