Civic Intelligence

Alliance Charitable Foundation Inc.

990 • Fiscal year 2022 • EIN 04-3466801

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 03, 2022

5 Market SquareAmesbury, MA 01913

(978) 388-3178

Siviq Scores

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

Liabilities / Assets

57th percentile

0.04x

Higher debt load relative to assets than 57% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

88th percentile

0.61x

Higher debt load relative to revenue than 88% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

68th percentile

18%

Higher net margin than 68% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

79th percentile

$74,164

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 176.4% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

17th percentile

-13%

Faster asset growth than 17% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

32nd percentile

-5.4%

Faster revenue growth than 32% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$674,339

Down $102,878 (-13%) from 2021

Net Assets

Down

$648,536

Down $103,920 (-14%) from 2021

Liabilities

Up

$25,803

Up $1,042 (+4.2%) from 2021

Revenue

Down

$42,054

Down $2,389 (-5.4%) from 2021

Expenses

Up

$34,597

Up $3,061 (+9.7%) from 2021

Net Income

Down

$7,457

Down $5,450 (-42%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $749,431Liabilities 2011: $265,430Net Assets 2011: $484,0012011Assets 2013: $780,034Liabilities 2013: $267,955Net Assets 2013: $512,0792013Assets 2014: $829,894Liabilities 2014: $270,898Net Assets 2014: $558,9962014Assets 2015: $833,755Liabilities 2015: $273,515Net Assets 2015: $560,2402015Assets 2016: $845,809Liabilities 2016: $283,312Net Assets 2016: $562,4972016Assets 2017: $877,522Liabilities 2017: $267,743Net Assets 2017: $609,7792017Assets 2018: $643,951Liabilities 2018: $1,610Net Assets 2018: $642,3412018Assets 2019: $670,519Liabilities 2019: $1,358Net Assets 2019: $669,1612019Assets 2020: $640,286Liabilities 2020: $0Net Assets 2020: $640,2862020Assets 2021: $777,217Liabilities 2021: $24,761Net Assets 2021: $752,4562021Assets 2022: $674,339Liabilities 2022: $25,803Net Assets 2022: $648,5362022Assets 2023: $661,335Liabilities 2023: $0Net Assets 2023: $661,3352023Assets 2024: $700,843Liabilities 2024: $0Net Assets 2024: $700,8432024Assets 2025: $777,955Liabilities 2025: $30,380Net Assets 2025: $747,5752025

Highlighted filing

2022

Assets$674,339
Liabilities$25,803
Net Assets$648,536

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $89,048Expenses 2011: $30,653Net Income 2011: $58,3952011Revenue 2013: $53,363Expenses 2013: $28,062Net Income 2013: $25,3012013Revenue 2014: $73,967Expenses 2014: $27,050Net Income 2014: $46,9172014Revenue 2015: $44,256Expenses 2015: $43,012Net Income 2015: $1,2442015Revenue 2016: $65,915Expenses 2016: $63,658Net Income 2016: $2,2572016Revenue 2017: $83,343Expenses 2017: $44,720Net Income 2017: $38,6232017Revenue 2018: $83,502Expenses 2018: $46,832Net Income 2018: $36,6702018Revenue 2019: $46,730Expenses 2019: $24,756Net Income 2019: $21,9742019Revenue 2020: $33,618Expenses 2020: $32,436Net Income 2020: $1,1822020Revenue 2021: $44,443Expenses 2021: $31,536Net Income 2021: $12,9072021Revenue 2022: $42,054Expenses 2022: $34,597Net Income 2022: $7,4572022Revenue 2023: $31,167Expenses 2023: $41,196Net Income 2023: -$10,0292023Revenue 2024: $47,448Expenses 2024: $44,442Net Income 2024: $3,0062024Revenue 2025: $75,677Expenses 2025: $38,564Net Income 2025: $37,1132025

Highlighted filing

2022

Revenue$42,054
Expenses$34,597
Net Income$7,457
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 3, 2022
Return Version
2021v4.1
Gross Receipts
$42,054
Mission and Program Overview

Mission

The Organization started operations in 2000

The Organization started operations in 2000 to promote the beautification of the downtown area and support the economic and community development of Amesbury, Massachusetts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$703,434$605,625▼ $97,809
Savings and Temporary Cash Investments$44,571$39,200▼ $5,371
Cash and Non-Interest-Bearing Accounts$21,839$22,141▲ $302
Total Assets$777,217$674,339▼ $102,878
Other Assets Total$7,373$7,373→ $0
Liabilities
Accounts Payable and Accrued Expenses$24,761$25,803▲ $1,042
Total Liabilities$24,761$25,803▲ $1,042
Net Assets / Fund Balance
Net Assets With Donor Restrictions$415,718$415,718→ $0
Net Assets Without Donor Restrictions$336,738$232,818▼ $103,920
Total Net Assets Fund Balance$752,456$648,536▼ $103,920
Total Liabilities and Net Assets / Fund Balance$777,217$674,339▼ $102,878
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Philip DeCologeroExecutive DirectorFT$74,164$74,164

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,797
Program Service Revenue
$0
Investment Income
$40,257
Other Revenue
$0
All Other Contributions
$1,797
Change in Net Assets
$7,457
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$34,597
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
Other Expenses$25,783$0$0$25,783
Fees for Service Investment Mgmnt Fees$0$7,319$0$7,319
Total Functional Expenses$27,278$7,319$0$34,597
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Filing and Contact Details

Filer

Filer Name
Alliance Charitable Foundation Inc
EIN
04-3466801
Phone
9783883178
Address
5 Market Square, Amesbury, MA 01913

Signing Officer

Name
Monique Griffin
Title
Treasurer
Phone
9783883178
Signed
2022-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Monique Griffin
Formed
1999
Legal Domicile
Ma
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
5

Preparer

Firm
Fritz Deguglielmo LLC
Address
8 ESSEX STREET, NEWBURYPORT, MA 01950
Preparer
Daniel E Schaffner CPA
Phone
9784622161
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The form 990 is provided to the Organization and the Board of Directors for their review before signing and filing. Any required changes are made prior to filing.

Pt VI, Line 12C

Directors are required to disclose on an ongoing basis any potential conflicts.

Pt VI, Line 19

The Organization makes its governing documents, conflict of interest policy and financial statements available to those who request them.

Pt XII, Line 2C

The Organization's finance committee oversees the review process and discusses the engagement with the accountants.

Financial Statement Notes

Pt X, Line 2

The Organization has adopted the application of the provisions of FASB ASC 740-10 (formerly FASB Interpretation No. 48, "Accounting For Uncertainty in Income Taxes"). The primary tax positions made by the Organization are the existence/non-existence of Unrelated Business Income Tax and the Organization's status as an exempt organization under Section 501(c)(3) of the Internal Revenue Code. The Organization currently evaluates all tax positions, and makes determinations regarding the likelihood of those positions being upheld under review. For the years presented, and as a result of adoption, the Organization has not recognized any tax benefits or loss contingencies for uncertain tax positions based on its evaluations. The Organization's Forms 990, Return of Organization Exempt from Income Tax, for the years ending June 30, 2022, 2021, 2020 and 2019 are subject to examination by the IRS. Returns are generally subject to examination for three years after they are filed.

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IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt044571
IRS990/SavingsAndTempCashInvstGrp/EOYAmt039200
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Fundraising events 2017: 3871. 2018: -1078. 2019: -1825. 2020: 0. 2021: 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01797
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01485
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01793
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt017886
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt025491
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt048452
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt040257
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt023859
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt029320
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt027435
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt029626
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0150497
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0-1825
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0-1078
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt03871
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0968
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.24240
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.38470
IRS990ScheduleA/PublicSupportTotal170Amt048452
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01797
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01485
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01793
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt017886
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt025491
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt048452
IRS990ScheduleA/TotalSupportAmt0199917
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has adopted the application of the provisions of FASB ASC 740-10 (formerly FASB Interpretation No. 48, "Accounting For Uncertainty in Income Taxes"). The primary tax positions made by the Organization are the existence/non-existence of Unrelated Business Income Tax and the Organization's status as an exempt organization under Section 501(c)(3) of the Internal Revenue Code. The Organization currently evaluates all tax positions, and makes determinations regarding the likelihood of those positions being upheld under review. For the years presented, and as a result of adoption, the Organization has not recognized any tax benefits or loss contingencies for uncertain tax positions based on its evaluations. The Organization's Forms 990, Return of Organization Exempt from Income Tax, for the years ending June 30, 2022, 2021, 2020 and 2019 are subject to examination by the IRS. Returns are generally subject to examination for three years after they are filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The form 990 is provided to the Organization and the Board of Directors for their review before signing and filing. Any required changes are made prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Directors are required to disclose on an ongoing basis any potential conflicts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization makes its governing documents, conflict of interest policy and financial statements available to those who request them.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization's finance committee oversees the review process and discusses the engagement with the accountants.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt XII, Line 2c
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Amesbury Chamber of Commerce & Industrial Foundation Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0043338161
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Economic and community development
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05 Market Square
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Amesbury
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd001913
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0777217
IRS990/TotalAssetsEOYAmt0674339
IRS990/TotalAssetsGrp/BOYAmt0777217
IRS990/TotalAssetsGrp/EOYAmt0674339
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01797
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07319
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt027278
IRS990/TotalFunctionalExpensesGrp/TotalAmt034597
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024761
IRS990/TotalLiabilitiesEOYAmt025803
IRS990/TotalLiabilitiesGrp/BOYAmt024761
IRS990/TotalLiabilitiesGrp/EOYAmt025803
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0752456
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0648536
IRS990/TotalOtherCompensationAmt06472
IRS990/TotalProgramServiceExpensesAmt027278
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt040257
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt042054
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0777217
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0674339
IRS990/TotReportableCompRltdOrgAmt067692

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.78$0.30$7.48$0.76$0.39$0.37
2024Detailed filing. Detailed filing data is available for this year.$7.01$0.00$7.01$0.47$0.44$0.03
2023Detailed filing. Detailed filing data is available for this year.$6.61$0.00$6.61$0.31$0.41$0.10
2022Detailed filing. Detailed filing data is available for this year.$6.74$0.26$6.49$0.42$0.35$0.07
2021Detailed filing. Detailed filing data is available for this year.$7.77$0.25$7.52$0.44$0.32$0.13
2020Detailed filing. Detailed filing data is available for this year.$6.40$0.00$6.40$0.34$0.32$0.01
2019Detailed filing. Detailed filing data is available for this year.$6.71$0.01$6.69$0.47$0.25$0.22
2018Detailed filing. Detailed filing data is available for this year.$6.44$0.02$6.42$0.84$0.47$0.37
2017Detailed filing. Detailed filing data is available for this year.$8.78$2.68$6.10$0.83$0.45$0.39
2016Summary only. Only limited summary data is available for this year.$8.46$2.83$5.62$0.66$0.64$0.02
2015Summary only. Only limited summary data is available for this year.$8.34$2.74$5.60$0.44$0.43$0.01
2014Summary only. Only limited summary data is available for this year.$8.30$2.71$5.59$0.74$0.27$0.47
2013Summary only. Only limited summary data is available for this year.$7.80$2.68$5.12$0.53$0.28$0.25
2011Summary only. Only limited summary data is available for this year.$7.49$2.65$4.84$0.89$0.31$0.58