Civic Intelligence

Boston Benefits Foundation Inc

990EZ • Fiscal year 2014 • EIN 04-3584693

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 11, 2015

100 Lowder Brook Drive Suite 1000Westwood, MA 02090

(781) 255-0214

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

89th percentile

39%

Higher net margin than 89% of similar nonprofits.

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

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

51st percentile

2.5%

Faster asset growth than 51% of similar nonprofits.

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

Revenue Growth

81st percentile

37%

Faster revenue growth than 81% of similar nonprofits.

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

Assets

Up

$279,244

Up $6,802 (+2.5%) from 2013

Net Assets

Up

$279,244

Up $6,802 (+2.5%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$21,990

Up $5,934 (+37%) from 2013

Expenses

Up

$13,338

Up $3,952 (+42%) from 2013

Net Income

Up

$8,652

Up $1,982 (+30%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $241,027Net Assets 2010: $241,0272010Assets 2011: $244,226Net Assets 2011: $244,2262011Assets 2012: $253,542Liabilities 2012: $02012Assets 2013: $272,442Liabilities 2013: $0Net Assets 2013: $272,4422013Assets 2014: $279,244Liabilities 2014: $0Net Assets 2014: $279,2442014Assets 2015: $273,564Liabilities 2015: $0Net Assets 2015: $273,5642015Assets 2016: $294,701Liabilities 2016: $0Net Assets 2016: $294,7012016Assets 2017: $336,282Liabilities 2017: $0Net Assets 2017: $336,2822017Assets 2018: $295,895Liabilities 2018: $0Net Assets 2018: $295,8952018Assets 2019: $322,824Liabilities 2019: $0Net Assets 2019: $322,8242019Assets 2020: $357,172Liabilities 2020: $0Net Assets 2020: $357,1722020Assets 2021: $382,683Liabilities 2021: $0Net Assets 2021: $382,6832021Assets 2022: $341,674Liabilities 2022: $0Net Assets 2022: $341,6742022Assets 2023: $379,081Liabilities 2023: $0Net Assets 2023: $379,0812023Assets 2024: $412,985Net Assets 2024: $412,9852024

Highlighted filing

2014

Assets$279,244
Liabilities$0
Net Assets$279,244

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2010: $53,939Expenses 2010: $41,897Net Income 2010: $12,0422010Revenue 2011: $63,084Expenses 2011: $28,547Net Income 2011: $34,5372011Revenue 2012: $14,344Expenses 2012: $16,150Net Income 2012: -$1,8062012Revenue 2013: $16,056Expenses 2013: $9,386Net Income 2013: $6,6702013Revenue 2014: $21,990Expenses 2014: $13,338Net Income 2014: $8,6522014Revenue 2015: $14,713Expenses 2015: $3,505Net Income 2015: $11,2082015Revenue 2016: $29,381Expenses 2016: $19,378Net Income 2016: $10,0032016Revenue 2017: $19,568Expenses 2017: $10,964Net Income 2017: $8,6042017Revenue 2018: $16,608Expenses 2018: $11,471Net Income 2018: $5,1372018Revenue 2019: $1,988Expenses 2019: $9,878Net Income 2019: -$7,8902019Revenue 2020: $17,778Expenses 2020: $9,986Net Income 2020: $7,7922020Revenue 2021: $34,705Expenses 2021: $24,188Net Income 2021: $10,5172021Revenue 2022: $10,859Expenses 2022: $1,311Net Income 2022: $9,5482022Revenue 2023: $16,088Expenses 2023: $12,745Net Income 2023: $3,3432023Revenue 2024: $51,400Expenses 2024: $30,312Net Income 2024: $21,0882024

Highlighted filing

2014

Revenue$21,990
Expenses$13,338
Net Income$8,652
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 11, 2015
Return Version
2014v5.0
Gross Receipts
$99,270
Mission and Program Overview

Mission

Community scholarships/grants

Program Services

DescriptionGrantsExpenses
BOSTON BENEFITS FOUNDATION IS OPERATED EXCLUSIVELY FOR CHARITABLE, LITERARY,RELIGIOUS, SCIENTIFIC AND EDUCATIONAL PURPOSES. THE FOUNDATION PROMOTES AND ENCOURAGES EDUCATIONAL AND DEVELOPMENTAL OPPORTUNITIES FOR CHILDREN FROM THE GREATER BOSTON METROPOLITAN REGION. IN CONSIDERATION OF THE FOREGOING, THE FOUNDATION MADE A 10,000 CONTRIBUTION TO THE MCDONALD CHILDREN'S SCHOLARSHIP, LOCAL CHAPTER LOCATED IN BROOKLINE, MA. SCHOLARSHIPS ARE AWARDED TO STUDENTS IN FINANCIAL NEED WHO HAVE DEMONSTRATED ACADEMIC ACHIEVEMENT, LEADERSHIP AND COMMUNITY INVOLVEMENT.$10,000$10,087
BOSTON BENEFITS FOUNDATION IS OPERATED EXCLUSIVELY FOR CHARITABLE,BOSTON BENEFITS FOUNDATION IS OPERATED EXCLUSIVELY FOR CHARITABLE, LITERARY,RELIGIOUS, SCIENTIFIC AND EDUCATIONAL PURPOSES. THE FOUNDATION PROMOTES AND ENCOURAGES EDUCATIONAL AND DEVELOPMENTAL OPPORTUNITIES FOR CHILDREN FROM THE GREATER BOSTON METROPOLITAN REGION. IN CONSIDERATION OF THE FOREGOING, THE FOUNDATION MADE A 2,500 CONTRIBUTION TO THE GENSIS FUND, LOCATED IN WALTHAM, MA. THE GENSIS FUND IN A NEW ENGLAND BASED NON-PROFIT ORGANIZATION WHICH STRIVES TO FULFILL ITS MISSION TO RAISE FUNDS TO ENRICH THE LIVES OF CHILDREN AND THEIR FAMILIES AFFECTED BY BIRTH DEFECTS, GENETIC DISORDERS AND INTELLECTUTUAL DISABILITIES.$2,500$2,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHARLES S BEAN IIIPres./Direct-$0--
MICHAEL J GILLTreasurer/As-$0--
CHARLES F MURPHY IIIClerk/ Direc-$0--
PETER HIGGINSDirector-$0--
JOHN CRONINDirector-$0--
JAMES W REIDYDirector-$0--
MARK BUCKLEYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Boston Benefits Foundation Inc
EIN
04-3584693
Phone
7812550214
Address
100 LOWDER BROOK DRIVE SUITE 1000, WESTWOOD, MA 02090

Signing Officer

Name
Charles S Bean Iii
Title
President
Phone
7812550214
Signed
2015-06-11

Preparer

Firm
King Mcnamara & Moriarty Llp
Address
473 WASHINGTON STREET, NORWOOD, MA 02062-2330
Preparer
Joseph B Moriarty CPA
Phone
7817696300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Mcdonald childrens scholarship 229 kent street brookline, ma 02446 10,000 0 0

Form 990-ez, Part I, Line 16

Expenses filing fees 92 board meeting 87 foreign tax paid 101 total 280

Form 990-ez, Part I, Line 20

Change in market value -1,850

Form 990-ez, Part II, Line 24

2,550 2,550 less accumulated amortization 2,450 2,483 total 100 67

Form 990-ez, Part III, Line 28

Boston benefits foundation is operated exclusively for charitable, literary,religious, scientific and educational purposes. The foundation promotes and encourages educational and developmental opportunities for children from the greater boston metropolitan region. In consideration of the foregoing, the foundation made a 10,000 contribution to the mcdonald children's scholarship, local chapter located in brookline, ma. Scholarships are awarded to students in financial need who have demonstrated academic achievement, leadership and community involvement.

Form 990-ez, Part III, Line 29

Boston benefits foundation is operated exclusively for charitable,boston benefits foundation is operated exclusively for charitable, literary,religious, scientific and educational purposes. The foundation promotes and encourages educational and developmental opportunities for children from the greater boston metropolitan region. In consideration of the foregoing, the foundation made a 2,500 contribution to the gensis fund, located in waltham, ma. The gensis fund in a new england based non-profit organization which strives to fulfill its mission to raise funds to enrich the lives of children and their families affected by birth defects, genetic disorders and intellectutual disabilities.

Raw XML Appendix175 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MCDONALD CHILDRENS SCHOLARSHIP 229 KENT STREET BROOKLINE, MA 02446 10,000 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES FILING FEES 92 BOARD MEETING 87 FOREIGN TAX PAID 101 TOTAL 280
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGE IN MARKET VALUE -1,850
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt32,550 2,550 LESS ACCUMULATED AMORTIZATION 2,450 2,483 TOTAL 100 67
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOSTON BENEFITS FOUNDATION IS OPERATED EXCLUSIVELY FOR CHARITABLE, LITERARY,RELIGIOUS, SCIENTIFIC AND EDUCATIONAL PURPOSES. THE FOUNDATION PROMOTES AND ENCOURAGES EDUCATIONAL AND DEVELOPMENTAL OPPORTUNITIES FOR CHILDREN FROM THE GREATER BOSTON METROPOLITAN REGION. IN CONSIDERATION OF THE FOREGOING, THE FOUNDATION MADE A 10,000 CONTRIBUTION TO THE MCDONALD CHILDREN'S SCHOLARSHIP, LOCAL CHAPTER LOCATED IN BROOKLINE, MA. SCHOLARSHIPS ARE AWARDED TO STUDENTS IN FINANCIAL NEED WHO HAVE DEMONSTRATED ACADEMIC ACHIEVEMENT, LEADERSHIP AND COMMUNITY INVOLVEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOSTON BENEFITS FOUNDATION IS OPERATED EXCLUSIVELY FOR CHARITABLE,BOSTON BENEFITS FOUNDATION IS OPERATED EXCLUSIVELY FOR CHARITABLE, LITERARY,RELIGIOUS, SCIENTIFIC AND EDUCATIONAL PURPOSES. THE FOUNDATION PROMOTES AND ENCOURAGES EDUCATIONAL AND DEVELOPMENTAL OPPORTUNITIES FOR CHILDREN FROM THE GREATER BOSTON METROPOLITAN REGION. IN CONSIDERATION OF THE FOREGOING, THE FOUNDATION MADE A 2,500 CONTRIBUTION TO THE GENSIS FUND, LOCATED IN WALTHAM, MA. THE GENSIS FUND IN A NEW ENGLAND BASED NON-PROFIT ORGANIZATION WHICH STRIVES TO FULFILL ITS MISSION TO RAISE FUNDS TO ENRICH THE LIVES OF CHILDREN AND THEIR FAMILIES AFFECTED BY BIRTH DEFECTS, GENETIC DISORDERS AND INTELLECTUTUAL DISABILITIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES S BEAN III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07812550214
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-06-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOSTON BENEFITS FOUNDATION INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O HERITAGE FINANCIAL SERVICES
ReturnHeader/Filer/BusinessNameControlTxt0BOST
ReturnHeader/Filer/EIN0043584693
ReturnHeader/Filer/PhoneNum07812550214
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 LOWDER BROOK DRIVE SUITE 1000
ReturnHeader/Filer/USAddress/CityNm0WESTWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002090
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042686846
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KING MCNAMARA & MORIARTY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0473 WASHINGTON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0020622330
ReturnHeader/PreparerPersonGrp/PhoneNum07817696300
ReturnHeader/PreparerPersonGrp/PreparationDt02015-06-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH B MORIARTY CPA
ReturnHeader/ReturnTs02015-07-28T10:54:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.13$4.13$0.51$0.30$0.21
2023Detailed filing. Detailed filing data is available for this year.$3.79$0.00$3.79$0.16$0.13$0.03
2022Detailed filing. Detailed filing data is available for this year.$3.42$0.00$3.42$0.11$0.01$0.10
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.83$0.00$3.83$0.35$0.24$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.57$0.00$3.57$0.18$0.10$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.23$0.00$3.23$0.02$0.10$0.08
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.96$0.00$2.96$0.17$0.11$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.36$0.00$3.36$0.20$0.11$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.95$0.00$2.95$0.29$0.19$0.10
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.74$0.00$2.74$0.15$0.04$0.11
2014Detailed filing. Detailed filing data is available for this year.$2.79$0.00$2.79$0.22$0.13$0.09
2013Detailed filing. Detailed filing data is available for this year.$2.72$0.00$2.72$0.16$0.09$0.07
2012Summary only. Only limited summary data is available for this year.$2.54$0.00$0.14$0.16$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$2.44$0.63$0.29$0.35
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$2.41$0.54$0.42$0.12