Civic Intelligence

C a S IT Inc

990 • Fiscal year 2014 • EIN 04-3407305

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 28, 2015

Organization Profilewww.casit.org
37 Water Street No 4Wakefield, MA 01880

(617) 623-0532

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

54th percentile

4.6%

Higher net margin than 54% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

79th percentile

$10,000

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

92nd percentile

110%

Faster asset growth than 92% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

20th percentile

-23%

Faster revenue growth than 20% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$33,315

Up $17,455 (+110%) from 2013

Net Assets

Up

$33,315

Up $17,455 (+110%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin54th percentile

Revenue

Down

$378,067

Down $111,899 (-23%) from 2013

Expenses

Down

$360,612

Down $204,283 (-36%) from 2013

Net Income

Up

$17,455

Up $92,384 (+123%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$200K$100K$0-$100K-$200KAssets 2010: $3,993Liabilities 2010: $0Net Assets 2010: $3,9932010Assets 2011: $1,481Liabilities 2011: $0Net Assets 2011: $1,4812011Assets 2012: $90,789Liabilities 2012: $0Net Assets 2012: $90,7892012Assets 2013: $15,860Liabilities 2013: $0Net Assets 2013: $15,8602013Assets 2014: $33,315Liabilities 2014: $0Net Assets 2014: $33,3152014Assets 2015: $66,246Liabilities 2015: $0Net Assets 2015: $66,2462015Assets 2016: $28,434Liabilities 2016: $0Net Assets 2016: $28,4342016Assets 2017: $7,622Liabilities 2017: $10,080Net Assets 2017: -$2,4582017Assets 2018: $4,950Liabilities 2018: $121,194Net Assets 2018: -$116,2442018Assets 2019: $3,765Liabilities 2019: $0Net Assets 2019: $3,7652019Assets 2020: $4,300Liabilities 2020: $0Net Assets 2020: $4,3002020

Highlighted filing

2014

Assets$33,315
Liabilities$0
Net Assets$33,315
Open 2014 Filing

Operations Trend

Revenue Growth20th percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $393,1552010Revenue 2011: $362,466Expenses 2011: $364,978Net Income 2011: -$2,5122011Expenses 2012: $357,6972012Revenue 2013: $489,966Expenses 2013: $564,895Net Income 2013: -$74,9292013Revenue 2014: $378,067Expenses 2014: $360,612Net Income 2014: $17,4552014Revenue 2015: $375,311Expenses 2015: $342,380Net Income 2015: $32,9312015Revenue 2016: $359,881Expenses 2016: $397,693Net Income 2016: -$37,8122016Revenue 2017: $407,829Expenses 2017: $438,721Net Income 2017: -$30,8922017Revenue 2018: $278,622Expenses 2018: $392,408Net Income 2018: -$113,7862018Revenue 2019: $433,925Expenses 2019: $313,916Net Income 2019: $120,0092019Revenue 2020: $11,675Expenses 2020: $11,140Net Income 2020: $5352020

Highlighted filing

2014

Revenue$378,067
Expenses$360,612
Net Income$17,455
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 28, 2015
Return Version
2014v5.0
Gross Receipts
$393,173
Mission and Program Overview

Mission

To promote the study of the Italian language.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,555$27,971▲ $16,416
Land, Buildings, and Equipment, Net$4,305$5,344▲ $1,039
Total Assets$15,860$33,315▲ $17,455
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$15,860$33,315▲ $17,455
Total Net Assets Fund Balance$15,860$33,315▲ $17,455
Total Liabilities and Net Assets / Fund Balance$15,860$33,315▲ $17,455

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,344$8,571$13,915
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Adelaide GuarracinoTreasurerPT$10,000$10,000
Maria Giaconda MottaPresidentPT$10,000$10,000
Stephen MaioClerk-$2,000$2,000

Board Members and Trustees

NameTitle
Alberto MogaveroVice President
Revenue and Support

Revenue Composition

Contributions and Grants
$351,706
Program Service Revenue
$19,282
Investment Income
$0
Other Revenue
$7,079
All Other Contributions
$13,139
Change in Net Assets
$17,455
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$284,718
Other Expenses$53,894
Salaries, Compensation, and Employee Benefits$22,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$282,768--$282,768
Current Officers, Directors, Trustees, and Key Employees-$22,000-$22,000
Occupancy-$12,500-$12,500
Fees for Services Accounting-$10,081-$10,081
Conferences and Meetings$8,494$1,300-$9,794
Advertising-$6,139-$6,139
Grants to Domestic Individuals$1,950--$1,950
Depreciation Depletion-$1,461-$1,461
Fees for Services Legal-$1,050-$1,050
Other Expenses$5,592$734-$734
All Other Expenses-$145-$145
Total Functional Expenses$298,804$61,808$0$360,612
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Medford Public SchoolsMedford, MA-To promote the study of the Italian language$60,600
Eliot Elementary SchoolBoston, MA-To promote the study of the Italian language$35,000
Winchester Public SchoolsWinchester, MA-To promote the study of the Italian language$35,000
St Mary's SchoolWinchester, MA-To promote the study of the Italian language$17,000
Arlington High SchoolArlington, MA-To promote the study of the Italian language$16,000
Our Lady's AcademyWaltham, MA-To promote the study of the Italian language$14,000
St John School - BostonBoston, MA-To promote the study of the Italian language$12,000
Somerville Public SchoolsSomerville, MA-To promote the study of the Italian language$10,000
Wilmington High SchoolWilmington, MA-To promote the study of the Italian language$10,000
West Warwick High SchoolWest Warwick, RI-To promote the study of the Italian languageTo promote the study of the Italian language$8,000
Gloucester High SchoolGloucester, MA-To promote the study of the Italian language$7,500
Wakefield Public SchoolsWakefield, MA-To promote the study of the Italian language$7,500
Revere Public SchoolsRevere, MA-To promote the study of the Italian language$6,775
Boston Latin SchoolBoston, MA-To promote the study of the Italian language$6,500
Stoneham Public SchoolsStoneham, MA-To promote the study of the Italian language$6,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,185
Fundraising Direct Expenses$15,106
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner and Raffle Fundraiser$22,185$22,185$908$21,277
Total Events$22,185$22,185$15,106$7,079
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Adelaide GuarracinoEntity 50% owned by officer of the organization.Independent contractor arrangement for bookkeeping services.No$10,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“The Organization is organized as a non-stock, not-for-profit entity.”

Form 990, Part VI, Section A, line 7A

“The members elect members of the Board of Directors by secret ballot. Elections are held annually at the organization's General Assembly. The term of each board position varies from one to three years each in order to stagger the turnover of members from year to year.”

Form 990, Part VI, Section A, line 7B

“Certain decisions that may broadly affect the organization may be subject to approval by the general membership, but the majority of decisions are at the descretion of the elected board members.”

Form 990, Part VI, Section B, line 11

“The Form 990 is presented to and reviewed by management and the Board of Directors prior to the return being filed.”

Form 990, Part VI, Section C, line 19

“The public may access the organization's governing documents and financial statements by requesting them from the organziation via its website, www.casit.org or by mail. These documents are also available for public inspection at the Massachusetts Attorney General website.”

Form 990, Part VII

“Adelaide Guarracino - 34 Dale Street, Revere, MA 02151. Stephen Maio - 27 Aborn Ave., Wakefield, MA 01880. Maria Giaconda Motta - 15 Rich Road, Woburn, MA 01801. Alberto Mogavero - 60 Sweeney Avenue, Revere, MA 02151.”

Filing and Contact Details

Filer

Filer Name
CASIT Inc
EIN
04-3407305
Phone
6176230532
Address
37 Water Street No 4, Wakefield, MA 01880

Signing Officer

Name
Adelaide Guarracino
Title
President
Phone
6176230532
Signed
2015-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adelaide Guarracino
Formed
1998
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Costantino Richards Rizzo LLP
Address
545 Salem Street, Wakefield, MA 01880
Preparer
Jill E Libby CPA
Phone
7812797788
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“Management has evaluated significant tax positions against the criteria established by professional standards and believes there are no such tax positions requiring accounting recognition in the financial statements. Management does not believe its evaluation of tax positions will significantly change within twelve months of December 31, 2014. Any changes in tax positions will be recorded when the ultimate outcomes become known. The Organization's information returns are subject to examination by taxing authorities generally for the years ended December 31, 2014, 2013 and 2012.”

Raw XML AppendixShowing 400 of 479 raw XML fields

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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management has evaluated significant tax positions against the criteria established by professional standards and believes there are no such tax positions requiring accounting recognition in the financial statements. Management does not believe its evaluation of tax positions will significantly change within twelve months of December 31, 2014. Any changes in tax positions will be recorded when the ultimate outcomes become known. The Organization's information returns are subject to examination by taxing authorities generally for the years ended December 31, 2014, 2013 and 2012.
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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt03080
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt03080
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Dinner and Raffle Fundraiser
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt09432
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt09432
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022185
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022185
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt022185
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022185
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt07079
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0786
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0786
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0908
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0908
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0900
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0900
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt16500
IRS990ScheduleI/RecipientTable/CashGrantAmt260600
IRS990ScheduleI/RecipientTable/CashGrantAmt36775
IRS990ScheduleI/RecipientTable/CashGrantAmt47500
IRS990ScheduleI/RecipientTable/CashGrantAmt535000
IRS990ScheduleI/RecipientTable/CashGrantAmt635000
IRS990ScheduleI/RecipientTable/CashGrantAmt76000
IRS990ScheduleI/RecipientTable/CashGrantAmt810000
IRS990ScheduleI/RecipientTable/CashGrantAmt912000
IRS990ScheduleI/RecipientTable/CashGrantAmt1017000
IRS990ScheduleI/RecipientTable/CashGrantAmt1116000
IRS990ScheduleI/RecipientTable/CashGrantAmt1214000
IRS990ScheduleI/RecipientTable/CashGrantAmt137500
IRS990ScheduleI/RecipientTable/CashGrantAmt148000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13To promote the study of the Italian language
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14To promote the study of the Italian languageTo promote the study of the Italian language
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Somerville Public Schools
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Boston Latin School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Medford Public Schools
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Revere Public Schools
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Wakefield Public Schools
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Winchester Public Schools
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6Eliot Elementary School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7Stoneham Public Schools
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8Wilmington High School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9St John School - Boston
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10St Mary's School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11Arlington High School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12Our Lady's Academy
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13Gloucester High School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14West Warwick High School
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt042 Prescott St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt178 Avenue Louis Pasteur
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2489 Winthrop Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3101 School Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt460 Farm Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5154 Horn Pond Brook Road
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt616 Charter School
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7149 Franklin Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8159 Church Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt99 Moon Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt10162 Washington Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11869 Massachusetts Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12920 Trapelo Road
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1332 Leslie O Johnson Road
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt141 Webster Knight Drive
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Somerville
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Boston
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Medford
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Revere
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Wakefield
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Winchester
IRS990ScheduleI/RecipientTable/USAddress/CityNm6Boston
IRS990ScheduleI/RecipientTable/USAddress/CityNm7Stoneham
IRS990ScheduleI/RecipientTable/USAddress/CityNm8Wilmington
IRS990ScheduleI/RecipientTable/USAddress/CityNm9Boston
IRS990ScheduleI/RecipientTable/USAddress/CityNm10Winchester
IRS990ScheduleI/RecipientTable/USAddress/CityNm11Arlington
IRS990ScheduleI/RecipientTable/USAddress/CityNm12Waltham
IRS990ScheduleI/RecipientTable/USAddress/CityNm13Gloucester
IRS990ScheduleI/RecipientTable/USAddress/CityNm14West Warwick
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd11MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd12MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd13MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd14RI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002143
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd102115
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd202155
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd302151
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd401880
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd501890
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd602113
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd702180
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd801887
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd902113
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1001890
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1102476
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1202452
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1301930
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1402893
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0CASIT keeps records of all grants (requests and given) for each recipient. The primary requirement for eligibility is that classes in Italian language be part of the school's daily curriculum (not an "after school" program). The quality of the program and the total student outreach per school (number of students) are some of the key criteria we use in evaluating the schools as well. For those schools that receive our grants, we obtain "teacher forms" that contain details on total students taught, total hours taught and total funds contributed by the school for the Italian program. The Executive Board meets several times a year to review the grant approved to CASIT by the Italian Government and evaluate the schools and their grant requests. The Educational Director for the Consul General of Italy also participates in these meetings and in the grant decision making process.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Adelaide Guarracino
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Entity 50% owned by officer of the organization.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt010000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Independent contractor arrangement for bookkeeping services.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization is organized as a non-stock, not-for-profit entity.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The members elect members of the Board of Directors by secret ballot. Elections are held annually at the organization's General Assembly. The term of each board position varies from one to three years each in order to stagger the turnover of members from year to year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Certain decisions that may broadly affect the organization may be subject to approval by the general membership, but the majority of decisions are at the descretion of the elected board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Form 990 is presented to and reviewed by management and the Board of Directors prior to the return being filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The public may access the organization's governing documents and financial statements by requesting them from the organziation via its website, www.casit.org or by mail. These documents are also available for public inspection at the Massachusetts Attorney General website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Adelaide Guarracino - 34 Dale Street, Revere, MA 02151. Stephen Maio - 27 Aborn Ave., Wakefield, MA 01880. Maria Giaconda Motta - 15 Rich Road, Woburn, MA 01801. Alberto Mogavero - 60 Sweeney Avenue, Revere, MA 02151.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VII
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$33,315
Liabilities
$0
Net assets
$33,315
Revenue
$378,067
Expenses
$360,612
Net income
$17,455
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.12$0.11$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$4.34$3.14$1.20
2018Detailed filing. Detailed filing data is available for this year.$0.05$1.21$1.16$2.79$3.92$1.14
2017Detailed filing. Detailed filing data is available for this year.$0.08$0.10$0.02$4.08$4.39$0.31
2016Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$3.60$3.98$0.38
2015Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$3.75$3.42$0.33
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$3.78$3.61$0.17
2013Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$4.90$5.65$0.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.00$0.91$3.58
2011Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$3.62$3.65$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$3.93