Civic Intelligence

Blessed Stephen Bellesini O S a Academy Inc.

990 • Fiscal year 2017 • EIN 04-3585445

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 12, 2018

94 Bradford StLawrence, MA 01840

(978) 989-0004

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.02x

Higher debt load relative to assets than 33% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

48th percentile

0.09x

Higher debt load relative to revenue than 48% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

15th percentile

-17%

Higher net margin than 15% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

84th percentile

$151,994

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 12.4% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

23rd percentile

-3.6%

Faster asset growth than 23% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

4th percentile

-55%

Faster revenue growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$4,393,857

Down $166,190 (-3.6%) from 2016

Net Assets

Down

$4,285,984

Down $208,495 (-4.6%) from 2016

Liabilities

Up

$107,873

Up $42,305 (+65%) from 2016

Revenue

Down

$1,223,171

Down $1,513,875 (-55%) from 2016

Expenses

Up

$1,431,666

Up $103,007 (+7.8%) from 2016

Net Income

Down

-$208,495

Down $1,616,882 (-115%) from 2016

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$0Assets 2010: $3,202,836Liabilities 2010: $154,224Net Assets 2010: $3,048,6122010Assets 2011: $3,469,066Liabilities 2011: $359,940Net Assets 2011: $3,109,1262011Assets 2012: $3,536,026Liabilities 2012: $269,455Net Assets 2012: $3,266,5712012Assets 2013: $3,217,056Liabilities 2013: $223,687Net Assets 2013: $2,993,3692013Assets 2014: $3,362,154Liabilities 2014: $139,039Net Assets 2014: $3,223,1152014Assets 2015: $3,152,040Liabilities 2015: $65,681Net Assets 2015: $3,086,3592015Assets 2016: $4,560,047Liabilities 2016: $65,568Net Assets 2016: $4,494,4792016Assets 2017: $4,393,857Liabilities 2017: $107,873Net Assets 2017: $4,285,9842017Assets 2018: $4,865,168Liabilities 2018: $728,656Net Assets 2018: $4,136,5122018Assets 2019: $4,518,694Liabilities 2019: $557,493Net Assets 2019: $3,961,2012019Assets 2020: $4,725,913Liabilities 2020: $1,051,152Net Assets 2020: $3,674,7612020Assets 2021: $4,577,255Liabilities 2021: $884,710Net Assets 2021: $3,692,5452021Assets 2022: $4,363,395Liabilities 2022: $503,328Net Assets 2022: $3,860,0672022Assets 2023: $4,311,411Liabilities 2023: $462,273Net Assets 2023: $3,849,1382023Assets 2024: $3,749,180Liabilities 2024: $324,922Net Assets 2024: $3,424,2582024

Highlighted filing

2017

Assets$4,393,857
Liabilities$107,873
Net Assets$4,285,984

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $855,8822010Expenses 2011: $948,8582011Expenses 2012: $977,9882012Revenue 2013: $763,948Expenses 2013: $1,037,150Net Income 2013: -$273,2022013Revenue 2014: $1,267,632Expenses 2014: $1,037,886Net Income 2014: $229,7462014Revenue 2015: $1,007,013Expenses 2015: $1,143,769Net Income 2015: -$136,7562015Revenue 2016: $2,737,046Expenses 2016: $1,328,659Net Income 2016: $1,408,3872016Revenue 2017: $1,223,171Expenses 2017: $1,431,666Net Income 2017: -$208,4952017Revenue 2018: $1,460,605Expenses 2018: $1,610,077Net Income 2018: -$149,4722018Revenue 2019: $1,663,058Expenses 2019: $1,840,202Net Income 2019: -$177,1442019Revenue 2020: $1,164,069Expenses 2020: $1,452,342Net Income 2020: -$288,2732020Revenue 2021: $1,382,879Expenses 2021: $1,412,095Net Income 2021: -$29,2162021Revenue 2022: $1,402,854Expenses 2022: $1,582,292Net Income 2022: -$179,4382022Revenue 2023: $1,456,559Expenses 2023: $1,547,604Net Income 2023: -$91,0452023Revenue 2024: $1,920,494Expenses 2024: $2,202,035Net Income 2024: -$281,5412024

Highlighted filing

2017

Revenue$1,223,171
Expenses$1,431,666
Net Income-$208,495
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 12, 2018
Return Version
2016v3.1
Gross Receipts
$1,223,171
Mission and Program Overview

Mission

To provide a quality scholarship education to boys and girls from limited financial means living in lawrence

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,306,389$2,582,196▲ $275,807
Cash and Non-Interest-Bearing Accounts$1,147,827$1,154,841▲ $7,014
Pledges and Grants Receivable$1,097,917$651,463▼ $446,454
Prepaid Expenses and Deferred Charges$7,914$5,357▼ $2,557
Total Assets$4,560,047$4,393,857▼ $166,190
Liabilities
Accounts Payable and Accrued Expenses$65,568$107,873▲ $42,305
Total Liabilities$65,568$107,873▲ $42,305
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,862,973$2,791,317▼ $71,656
Unrestricted Net Assets$1,631,506$1,494,667▼ $136,839
Total Net Assets Fund Balance$4,494,479$4,285,984▼ $208,495
Total Liabilities and Net Assets / Fund Balance$4,560,047$4,393,857▼ $166,190

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,544,243$799,056$3,343,299
Equipment$37,953$416,821$454,774
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Julie DifilippoHead of SchoFT$151,994$151,994
Julie DifilippoHead of School-$151,994$151,994

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Kaplan ConstructionContractor Serv116 HARVARD ST, Brookline, MA 02446$238,323
Revenue and Support

Revenue Composition

Contributions and Grants
$1,191,512
Program Service Revenue
$29,813
Investment Income
$1,846
Other Revenue
$0
All Other Contributions
$1,191,512
Change in Net Assets
$-208,495

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table8$145,114
Total Noncash Contributions8$145,114

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,223,171
Revenue Not Reported on Form 990
$39,588
Total Revenue per Audited Statements
$1,262,759
Total Revenue per Form 990
$1,223,171
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$964,515
Other Expenses$467,151
Total Fundraising Expense$203,535
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$699,732$44,066$110,831$854,629
Depreciation Depletion$106,533$3,874$3,874$114,281
Occupancy$79,293$2,994$3,385$85,672
Payroll Taxes$49,870$3,171$7,975$61,016
All Other Expenses$43,793$6,401$8,147$58,341
Other Employee Benefits$39,944$2,539$6,387$48,870
Other Expenses$13,893$556$53,290$14,449
Fees for Services Accounting$1,514$8,559$1,514$11,587
Office Expenses-$253$8,132$8,385
Conferences and Meetings-$1,058-$1,058
Advertising-$321-$321
Total Functional Expenses$1,153,152$74,979$203,535$1,431,666

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,471,254
Expenses per Audited Statements$1,431,666
Total Expenses per Form 990$1,431,666
Expenses Not Reported on Form 990$39,588
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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

Governance Explanations

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

The organization's form 990 is compiled from the audited financial statements by a preparer and reviewed by the audit committee and executive director. The audit committee then gives the board of directors an overview of the return and makes the return available for all directors. The treasurer and executive director sign off on the final return filing after review with audit committee.

Form 990, Page 6, Part VI, Line 15A

Board reviews the executive director's salary based on the terms of the contract. Compensation of surrounding schools for the same position is taken into consideration. The executive board then makes the final decision.

Form 990, Page 6, Part VI, Line 19

Copies of all documents are available for viewing at the request of the individual. An appointment can be made for the review of all documents requested including the 1023, 990 and audited financial statements.

Filing and Contact Details

Filer

Filer Name
Blessed Stephen Bellesini Osa
EIN
04-3585445
Phone
9789890004
Address
94 BRADFORD ST, LAWRENCE, MA 01840

Signing Officer

Name
Richard Haak Jr
Title
Treasurer
Phone
9789890004
Signed
2018-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Haak Jr
Formed
2001
Legal Domicile
Ma
Voting Board Members
21
Independent Board Members
21
Employees
44

Preparer

Firm
Roy & Rurak LLC
Address
158 PLEASANT ST, NORTH ANDOVER, MA 01845
Preparer
Denise S Roy
Phone
9784096180
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

PARTIME TEACHERS AIDS

Form 990, Page 2, Part III, Line 4D

Depreciable assets utilized in the education of the students of the school.

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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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IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR OF THE
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IRS990/FormationYr02001
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112935
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/BookValueAmt037953
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0416821
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0454774
IRS990ScheduleD/ExpensesNotReportedAmt039588
IRS990ScheduleD/ExpensesSubtotalAmt01431666
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02544243
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0799056
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03343299
IRS990ScheduleD/RevenueNotReportedAmt039588
IRS990ScheduleD/RevenueSubtotalAmt01223171
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02582196
IRS990ScheduleD/TotalExpensesPerForm990Amt01431666
IRS990ScheduleD/TotalRevenuePerForm990Amt01223171
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false

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.$3.75$0.32$3.42$1.92$2.20$0.28
2023Detailed filing. Detailed filing data is available for this year.$4.31$0.46$3.85$1.46$1.55$0.09
2022Detailed filing. Detailed filing data is available for this year.$4.36$0.50$3.86$1.40$1.58$0.18
2021Detailed filing. Detailed filing data is available for this year.$4.58$0.88$3.69$1.38$1.41$0.03
2020Detailed filing. Detailed filing data is available for this year.$4.73$1.05$3.67$1.16$1.45$0.29
2019Detailed filing. Detailed filing data is available for this year.$4.52$0.56$3.96$1.66$1.84$0.18
2018Detailed filing. Detailed filing data is available for this year.$4.87$0.73$4.14$1.46$1.61$0.15
2017Detailed filing. Detailed filing data is available for this year.$4.39$0.11$4.29$1.22$1.43$0.21
2016Detailed filing. Detailed filing data is available for this year.$4.56$0.07$4.49$2.74$1.33$1.41
2015Detailed filing. Detailed filing data is available for this year.$3.15$0.07$3.09$1.01$1.14$0.14
2014Detailed filing. Detailed filing data is available for this year.$3.36$0.14$3.22$1.27$1.04$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$0.22$2.99$0.76$1.04$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.54$0.27$3.27$0.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.47$0.36$3.11$0.95
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.20$0.15$3.05$0.86