Civic Intelligence

The Harbus Foundation

EIN 04-3386445 • 501(c)3 • Boston, MA

Profile

Support projects and awarding grants and scholarships to programs involved in journalism, literacy and educational activities trhoughout the harvard business school and local communities.

24 Harvard Way Gallatin HallBoston, MA 02163

www.harbusfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

23rd percentile

0.00x

Higher debt load relative to assets than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

44th percentile

0.05x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

98th percentile

94%

Higher net margin than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

48th percentile

3.1%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

33rd percentile

-0.9%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$1,371,765

Up $41,434 (+3.1%) from 2019

Liabilities

Flat

$1,850

Flat from 2019

Net Assets

Up

$1,369,915

Up $41,434 (+3.1%) from 2019

Operations
Liabilities / Revenue44th percentileNet Margin98th percentile

Revenue

Down

$34,831

Down $323 (-0.9%) from 2019

Expenses

Down

$2,084

Down $62,167 (-97%) from 2019

Net Income

Up

$32,747

Up $61,844 (+213%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth48th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $1,246,335Liabilities 2011: $1,500Net Assets 2011: $1,244,8352011Assets 2012: $1,119,519Liabilities 2012: $1,500Net Assets 2012: $1,118,0192012Assets 2013: $1,159,942Liabilities 2013: $1,500Net Assets 2013: $1,158,4422013Assets 2015: $1,255,161Liabilities 2015: $1,500Net Assets 2015: $1,253,6612015Assets 2016: $1,182,267Liabilities 2016: $1,500Net Assets 2016: $1,180,7672016Assets 2017: $1,271,035Liabilities 2017: $1,850Net Assets 2017: $1,269,1852017Assets 2018: $1,312,563Liabilities 2018: $1,850Net Assets 2018: $1,310,7132018Assets 2019: $1,330,331Liabilities 2019: $1,850Net Assets 2019: $1,328,4812019Assets 2020: $1,371,765Liabilities 2020: $1,850Net Assets 2020: $1,369,9152020

Highlighted filing

2020

Assets$1,371,765
Liabilities$1,850
Net Assets$1,369,915
Open 2020 Filing

Operations Trend

Revenue Growth33rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KExpenses 2011: $51,6402011Expenses 2012: $66,5372012Revenue 2013: $37,354Expenses 2013: $57,549Net Income 2013: -$20,1952013Revenue 2015: $60,481Expenses 2015: $57,036Net Income 2015: $3,4452015Revenue 2016: $23,763Expenses 2016: $55,572Net Income 2016: -$31,8092016Revenue 2017: $34,777Expenses 2017: $52,140Net Income 2017: -$17,3632017Revenue 2018: $51,839Expenses 2018: $66,019Net Income 2018: -$14,1802018Revenue 2019: $35,154Expenses 2019: $64,251Net Income 2019: -$29,0972019Revenue 2020: $34,831Expenses 2020: $2,084Net Income 2020: $32,7472020

Highlighted filing

2020

Revenue$34,831
Expenses$2,084
Net Income$32,747
Open 2020 Filing

Filings

Most recent year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,371,765
Liabilities
$1,850
Net assets
$1,369,915
Revenue
$34,831
Expenses
$2,084
Net income
$32,747
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.03$0.00$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.04$0.06$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$0.05$0.07$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.03$0.05$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.02$0.06$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.25$0.06$0.06$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.00$1.16$0.04$0.06$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.00$1.12$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.00$1.24$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2020
Return Version
2019v5.0
Gross Receipts
$34,831
Mission and Program Overview

Mission

Support projects and awarding grants and scholarships to programs involved in journalism, literacy and educational activities surrounding the harvard business school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,098,336$1,119,434▲ $21,098
Savings and Temporary Cash Investments$231,995$252,331▲ $20,336
Total Assets$1,330,331$1,371,765▲ $41,434
Liabilities
Accounts Payable and Accrued Expenses$1,850$1,850→ $0
Total Liabilities$1,850$1,850→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,328,481$1,369,915▲ $41,434
Total Net Assets Fund Balance$1,328,481$1,369,915▲ $41,434
Total Liabilities and Net Assets / Fund Balance$1,330,331$1,371,765▲ $41,434
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Alice WangTrustee
Michi FerreolTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$34,831
Other Revenue
$0
Change in Net Assets
$32,747
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,084
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$1,960-$1,960
Other Expenses-$124-$124
Total Functional Expenses$0$2,084$0$2,084
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Each board member is provided a copy of the 990 and each is asked to review and comment where warranted.”

Form 990, Page 6, Part VI, Line 19

“Documents are available through the public charities division of massachusetts attorney general's website or upon request.”

Filing and Contact Details

Filer

Filer Name
The Harbus Foundation
EIN
04-3386445
Phone
6174956528
Address
24 HARVARD WAY GALLATIN HALL, BOSTON, MA 02163

Signing Officer

Name
Michi Ferreol
Title
Trustee
Phone
6174956528
Signed
2020-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michi Ferreol
Formed
1997
Legal Domicile
Ma
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
5

Preparer

Firm
Mocera Hamlin Associates Cpas Llp
Address
184 PLEASANT VALLEY ST STE 2-204A, METHUEN, MA 01844-5853
Preparer
Michael L Hamlin CPA
Phone
9782918500
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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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Document Assets

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