Civic Intelligence

Framingham High School Foundation

990EZ • Fiscal year 2015 • EIN 04-3718614

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 11, 2015

P O Box 2367 A StreetFramingham, MA 01701

(508) 820-7783

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.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

87th percentile

35%

Higher net margin than 87% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

76th percentile

28%

Faster asset growth than 76% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

81st percentile

35%

Faster revenue growth than 81% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$52,119

Up $11,259 (+28%) from 2014

Net Assets

Up

$52,119

Up $11,259 (+28%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$31,836

Up $8,231 (+35%) from 2014

Expenses

Down

$20,577

Down $35,394 (-63%) from 2014

Net Income

Up

$11,259

Up $43,625 (+135%) from 2014

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $64,898Liabilities 2010: $0Net Assets 2010: $64,8982010Assets 2011: $77,205Liabilities 2011: $02011Assets 2012: $61,418Liabilities 2012: $0Net Assets 2012: $61,4182012Assets 2013: $73,226Liabilities 2013: $0Net Assets 2013: $73,2262013Assets 2014: $40,860Liabilities 2014: $0Net Assets 2014: $40,8602014Assets 2015: $52,119Liabilities 2015: $0Net Assets 2015: $52,1192015Assets 2016: $68,354Liabilities 2016: $0Net Assets 2016: $68,3542016Assets 2017: $68,162Liabilities 2017: $1,540Net Assets 2017: $66,6222017Assets 2018: $89,410Liabilities 2018: $2,755Net Assets 2018: $86,6552018Assets 2019: $87,491Liabilities 2019: $1,590Net Assets 2019: $85,9012019Assets 2020: $104,485Liabilities 2020: $0Net Assets 2020: $104,4852020Assets 2021: $83,683Liabilities 2021: $0Net Assets 2021: $83,6832021

Highlighted filing

2015

Assets$52,119
Liabilities$0
Net Assets$52,119

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $76,665Expenses 2010: $66,574Net Income 2010: $10,0912010Revenue 2011: $61,988Expenses 2011: $49,681Net Income 2011: $12,3072011Revenue 2012: $76,486Expenses 2012: $92,273Net Income 2012: -$15,7872012Revenue 2013: $53,681Expenses 2013: $41,873Net Income 2013: $11,8082013Revenue 2014: $23,605Expenses 2014: $55,971Net Income 2014: -$32,3662014Revenue 2015: $31,836Expenses 2015: $20,577Net Income 2015: $11,2592015Revenue 2016: $56,357Expenses 2016: $40,122Net Income 2016: $16,2352016Revenue 2017: $38,323Expenses 2017: $40,055Net Income 2017: -$1,7322017Revenue 2018: $95,072Expenses 2018: $75,039Net Income 2018: $20,0332018Revenue 2019: $32,795Expenses 2019: $33,549Net Income 2019: -$7542019Revenue 2020: $44,330Expenses 2020: $25,746Net Income 2020: $18,5842020Revenue 2021: -$3,985Expenses 2021: $16,817Net Income 2021: -$20,8022021

Highlighted filing

2015

Revenue$31,836
Expenses$20,577
Net Income$11,259
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 11, 2015
Return Version
2014v5.0
Gross Receipts
$56,715
Mission and Program Overview

Mission

The framingham hs foundation was formed by a group of parents to insure the continuation of extra- curricular activities, the arts and athletics at framingham high school, regardless of imposed budgetary restrictions. This is accomplished through a variety of efforts including building stronger alliances with the business community of the framingham area, reaching out to alumni and organizing charitable events.

Program Services

DescriptionGrantsExpenses
ATHLETICS, ARTS AND OTHER EXTRA-CURRICULAR ACTIVITIESAT FRAMINGHAM HIGH SCHOOL$20,292$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HILLARY JACOBSONCo-PresidentPT$0--
CAROL PHALENCo-PresidentPT$0--
JILL CASSIDYTreasurerPT$0--
WENDY CHANDirectorPT$0--
KATHY HUACKDirectorPT$0--
MARYANN GAVAGONDirectorPT$0--
SYDNEY TURNERDirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Salute Dinner$41,321$27,646$1,978$25,668
Holiday Marketplace$9,361$9,361$1,209$8,152
Total Events$50,682$37,007$24,879$12,128
Filing and Contact Details

Filer

Filer Name
Framingham High School Foundation
EIN
04-3718614
Phone
5088207783
Address
P O BOX 2367 A STREET, FRAMINGHAM, MA 01701

Signing Officer

Name
Jill Cassidy
Title
Treasurer
Phone
5088792632
Signed
2015-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Gray Gray & Gray Llp
Address
150 ROYALL STREET SUITE 102, CANTON, MA 02021
Preparer
Paul J Gerry Jr
Phone
7814070300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: . Amount: 29.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: vending machine income. Amount: 228.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: grant. Grantee name: connie sullivan memorial foundation. Grantee address: 115 a street framingham, ma 01702. Amount given: 500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: athletic teams. Grantee name: fhs. Grantee address: 115 a street framingham, ma 01702. Amount given: 14,766.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: school activities. Grantee name: fhs. Grantee address: 115 a street framingham, ma 01702. Amount given: 5,026. Total included on form 990-ez, line 10: 20,292.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank charges. Amount: 206. Description: organizational expenses. Amount: 69. Total to form 990-ez, line 16: 275.

Raw XML Appendix208 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum05088792632
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FRAMINGHAM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HILLARY JACOBSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CAROL PHALEN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3WENDY CHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KATHY HUACK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MARYANN GAVAGON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SYDNEY TURNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CO-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0275
IRS990EZ/OtherRevenueTotalAmt0228
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE FRAMINGHAM HS FOUNDATION WAS FORMED BY A GROUP OF PARENTS TO INSURE THE CONTINUATION OF EXTRA- CURRICULAR ACTIVITIES, THE ARTS AND ATHLETICS AT FRAMINGHAM HIGH SCHOOL, REGARDLESS OF IMPOSED BUDGETARY RESTRICTIONS. THIS IS ACCOMPLISHED THROUGH A VARIETY OF EFFORTS INCLUDING BUILDING STRONGER ALLIANCES WITH THE BUSINESS COMMUNITY OF THE FRAMINGHAM AREA, REACHING OUT TO ALUMNI AND ORGANIZING CHARITABLE EVENTS.
IRS990EZ/PrintingPublicationsPostageAmt010
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt020292
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SpecialEventsNetIncomeLossAmt012128
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt020577
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt031836
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt022322
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt024953
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt022837
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt028518
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0118081
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02
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IRS990ScheduleA/InvestmentIncomeCYPct00.00010
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt013675
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SALUTE DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0HOLIDAY MARKETPLACE
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt021692
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01209
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: . AMOUNT: 29.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: VENDING MACHINE INCOME. AMOUNT: 228.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: GRANT. GRANTEE NAME: CONNIE SULLIVAN MEMORIAL FOUNDATION. GRANTEE ADDRESS: 115 A STREET FRAMINGHAM, MA 01702. AMOUNT GIVEN: 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: ATHLETIC TEAMS. GRANTEE NAME: FHS. GRANTEE ADDRESS: 115 A STREET FRAMINGHAM, MA 01702. AMOUNT GIVEN: 14,766.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACTIVITY CLASSIFICATION: SCHOOL ACTIVITIES. GRANTEE NAME: FHS. GRANTEE ADDRESS: 115 A STREET FRAMINGHAM, MA 01702. AMOUNT GIVEN: 5,026. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 20,292.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: BANK CHARGES. AMOUNT: 206. DESCRIPTION: ORGANIZATIONAL EXPENSES. AMOUNT: 69. TOTAL TO FORM 990-EZ, LINE 16: 275.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JILL CASSIDY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05088792632
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRAMINGHAM HIGH SCHOOL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FRAM
ReturnHeader/Filer/EIN0043718614
ReturnHeader/Filer/PhoneNum05088207783
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 2367 A STREET
ReturnHeader/Filer/USAddress/CityNm0FRAMINGHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001701
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042088368
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GRAY GRAY & GRAY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0150 ROYALL STREET SUITE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CANTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002021
ReturnHeader/PreparerPersonGrp/PhoneNum07814070300
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL J GERRY JR
ReturnHeader/ReturnTs02015-11-11T09:40:11-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.00$0.84$0.04$0.17$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.00$1.04$0.44$0.26$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.02$0.86$0.33$0.34$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.03$0.87$0.95$0.75$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.02$0.67$0.38$0.40$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.00$0.68$0.56$0.40$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.32$0.21$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.24$0.56$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.00$0.73$0.54$0.42$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.00$0.61$0.76$0.92$0.16
2011Summary only. Only limited summary data is available for this year.$0.77$0.00$0.62$0.50$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.00$0.65$0.77$0.67$0.10