Civic Intelligence

Lowell Sun Charities Inc.

990 • Fiscal year 2018 • EIN 04-6004936

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 05, 2018

491 Dutton StreetLowell, MA 01854

(978) 970-4786

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.05x

Higher debt load relative to assets than 73% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

70th percentile

14%

Higher net margin than 70% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

82nd percentile

$14,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

86th percentile

58%

Faster asset growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

57th percentile

5.6%

Faster revenue growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$123,724

Up $45,422 (+58%) from 2017

Net Assets

Up

$117,823

Up $42,185 (+56%) from 2017

Liabilities

Up

$5,901

Up $3,237 (+122%) from 2017

Revenue

Up

$294,831

Up $15,676 (+5.6%) from 2017

Expenses

Down

$252,646

Down $38,915 (-13%) from 2017

Net Income

Up

$42,185

Up $54,591 (+440%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $158,340Liabilities 2010: $7,329Net Assets 2010: $151,0112010Assets 2011: $147,698Liabilities 2011: $3,220Net Assets 2011: $144,4782011Assets 2012: $168,827Liabilities 2012: $3,561Net Assets 2012: $165,2662012Assets 2013: $123,802Liabilities 2013: $3,000Net Assets 2013: $120,8022013Assets 2014: $143,736Liabilities 2014: $3,000Net Assets 2014: $140,7362014Assets 2015: $93,241Liabilities 2015: $3,024Net Assets 2015: $90,2172015Assets 2016: $91,367Liabilities 2016: $3,323Net Assets 2016: $88,0442016Assets 2017: $78,302Liabilities 2017: $2,664Net Assets 2017: $75,6382017Assets 2018: $123,724Liabilities 2018: $5,901Net Assets 2018: $117,8232018Assets 2019: $156,244Liabilities 2019: $10,849Net Assets 2019: $145,3952019Assets 2020: $275,503Liabilities 2020: $5,703Net Assets 2020: $269,8002020Assets 2021: $262,680Liabilities 2021: $5,783Net Assets 2021: $256,8972021Assets 2022: $244,676Liabilities 2022: $5,992Net Assets 2022: $238,6842022Assets 2023: $364,764Liabilities 2023: $7,406Net Assets 2023: $357,3582023Assets 2024: $346,298Liabilities 2024: $6,445Net Assets 2024: $339,8532024Assets 2025: $283,058Liabilities 2025: $6,375Net Assets 2025: $276,6832025

Highlighted filing

2018

Assets$123,724
Liabilities$5,901
Net Assets$117,823

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $438,372Expenses 2010: $413,870Net Income 2010: $24,5022010Revenue 2011: $264,813Expenses 2011: $271,346Net Income 2011: -$6,5332011Revenue 2012: $287,688Expenses 2012: $266,900Net Income 2012: $20,7882012Revenue 2013: $315,704Expenses 2013: $360,168Net Income 2013: -$44,4642013Revenue 2014: $318,929Expenses 2014: $298,995Net Income 2014: $19,9342014Revenue 2015: $267,695Expenses 2015: $318,214Net Income 2015: -$50,5192015Revenue 2016: $305,128Expenses 2016: $307,301Net Income 2016: -$2,1732016Revenue 2017: $279,155Expenses 2017: $291,561Net Income 2017: -$12,4062017Revenue 2018: $294,831Expenses 2018: $252,646Net Income 2018: $42,1852018Revenue 2019: $374,916Expenses 2019: $347,344Net Income 2019: $27,5722019Revenue 2020: $473,859Expenses 2020: $349,454Net Income 2020: $124,4052020Revenue 2021: $267,809Expenses 2021: $280,712Net Income 2021: -$12,9032021Revenue 2022: $236,260Expenses 2022: $254,473Net Income 2022: -$18,2132022Revenue 2023: $416,760Expenses 2023: $298,086Net Income 2023: $118,6742023Revenue 2024: $331,037Expenses 2024: $348,542Net Income 2024: -$17,5052024Revenue 2025: $255,574Expenses 2025: $318,744Net Income 2025: -$63,1702025

Highlighted filing

2018

Revenue$294,831
Expenses$252,646
Net Income$42,185
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 5, 2018
Return Version
2017v2.3
Gross Receipts
$499,016
Mission and Program Overview

Mission

Raise funds for charitable causes as well as needy families in the Greater Lowell area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$77,628$123,431▲ $45,803
Land, Buildings, and Equipment, Net$674$293▼ $381
Total Assets$78,302$123,724▲ $45,422
Liabilities
Accounts Payable and Accrued Expenses$2,664$5,901▲ $3,237
Total Liabilities$2,664$5,901▲ $3,237
Net Assets / Fund Balance
Unrestricted Net Assets$75,638$117,823▲ $42,185
Total Net Assets Fund Balance$75,638$117,823▲ $42,185
Total Liabilities and Net Assets / Fund Balance$78,302$123,724▲ $45,422

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$293$2,261$2,554
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kendall WallacePresident (thru Jan 2018)PT$14,000$14,000

Board Members and Trustees

NameTitle
Terrence McCarthyPresident (as of Feb 2018)
Eddie NajeeullahDirector
Kevin CorradoClerk
Carmen BelleroseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$336,192
Program Service Revenue
$0
Investment Income
$26
Other Revenue
$-41,387
Change in Net Assets
$42,185
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$223,230
Salaries, Compensation, and Employee Benefits$22,721
Total Fundraising Expense$11,451
Other Expenses$6,695
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$129,685--$129,685
Grants to Domestic Orgs$93,545--$93,545
Current Officers, Directors, Trustees, and Key Employees-$9,808$10,617$20,425
Fees for Services Accounting-$5,650-$5,650
Payroll Taxes-$1,322$834$2,156
Other Expenses-$664-$664
Depreciation Depletion-$381-$381
Other Salaries and Wages-$140-$140
Total Functional Expenses$223,230$17,965$11,451$252,646
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lowell General HospitalLowell, MA501(c)(3)To assist families and community based non-profit organizations$9,500
Lowell Plan IncLowell, MA501(c)(3)To assist families and community based non-profit organizations$8,500
Middlesex Community College FoundationBedford, MA501(c)(3)To assist families and community based non-profit organizations$5,300
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$204,185
Fundraising Gross Income$162,798
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Sun Santa Fund$327,317-$30,606-
Golden Gloves Boxing Event$171,673$162,798$79,021$83,777
Total Events$498,990$162,798$204,185$-41,387
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
Audit committee
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 8B

There are no other committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, line 11B

The 990 will be reviewed by the Treasurer before it is filed. The 990 will be made available to the Board Members.

Form 990, Part VI, Section C, line 19

All done upon request.

Filing and Contact Details

Filer

Filer Name
Lowell Sun Charities Inc
EIN
04-6004936
Phone
9789704786
Address
491 DUTTON STREET, LOWELL, MA 01854

Signing Officer

Name
Carmen Bellerose
Title
Treasurer
Phone
9789704786
Signed
2018-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carmen Bellerose
Formed
1947
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
2
Employees
4
Volunteers
0

Preparer

Firm
Sullivan Bille Pc
Address
600 CLARK ROAD, TEWKSBURY, MA 01876
Preparer
Barbara J Rowell CPA
Phone
9789702900
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

Accounting standards provide detailed guidance for the financial statement recognition, measurement and disclosure of uncertain tax positions recognized in an entity's financial statements. Under these accounting standards, an entity is required to recognize the financial statement impact of a tax position when it is more likely than not that the position will not be sustained upon examination. Management has evaluated its significant tax positions against the criteria established by these accounting standards and believes there are no such tax positions requiring accounting recognition. The Organization's federal and state tax returns are subject to examination by taxing authorities for the years ended June 30, 2018, 2017, 2016 and 2015.

Raw XML Appendix390 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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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt030606
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt079021
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt082050
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt082050
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0129685
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0VOUCHERS FOR FOOD AND / OR CHRISTMAS GIFTS
IRS990ScheduleI/RecipientTable/CashGrantAmt05300
IRS990ScheduleI/RecipientTable/CashGrantAmt18500
IRS990ScheduleI/RecipientTable/CashGrantAmt29500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To assist families and community based non-profit organizations
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1To assist families and community based non-profit organizations
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2To assist families and community based non-profit organizations
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Middlesex Community College Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Lowell Plan Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Lowell General Hospital
IRS990ScheduleI/RecipientTable/RecipientEIN0042973384
IRS990ScheduleI/RecipientTable/RecipientEIN1042693109
IRS990ScheduleI/RecipientTable/RecipientEIN2042103590
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 716 Spring Road
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1660 Suffolk Street Suite 120
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2295 Varnum Avenue
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Bedford
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Lowell
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Lowell
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd001730
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd101854
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd201854
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc2FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grants are made to organizations who assist individuals in the Greater Lowell area. Grants are made to low income families in the Greater Lowell area based upon need after completion of application and interview.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There are no other committees with authority to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 will be reviewed by the Treasurer before it is filed. The 990 will be made available to the Board Members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All done upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt078302
IRS990/TotalAssetsEOYAmt0123724
IRS990/TotalAssetsGrp/BOYAmt078302
IRS990/TotalAssetsGrp/EOYAmt0123724
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0336192
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt011451
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017965
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0223230
IRS990/TotalFunctionalExpensesGrp/TotalAmt0252646
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02664
IRS990/TotalLiabilitiesEOYAmt05901
IRS990/TotalLiabilitiesGrp/BOYAmt02664
IRS990/TotalLiabilitiesGrp/EOYAmt05901
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt075638
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0117823
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0223230
IRS990/TotalReportableCompFromOrgAmt014000
IRS990/TotalRevenueGrp/ExclusionAmt0-41361
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0294831
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt078302
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0123724
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt075638
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0117823
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0491 Dutton Street
IRS990/USAddress/CityNm0Lowell
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001854
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Carmen Bellerose
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum09789704786
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOWELL SUN CHARITIES INC
ReturnHeader/Filer/BusinessNameControlTxt0LOWE
ReturnHeader/Filer/EIN0046004936
ReturnHeader/Filer/PhoneNum09789704786
ReturnHeader/Filer/USAddress/AddressLine1Txt0491 DUTTON STREET
ReturnHeader/Filer/USAddress/CityNm0LOWELL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001854
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03160540AA162FBF58BE08C8DB6AF307559E4D434
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E42756CE4EB29BC18D514E2F12F993C1C72DD726
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02018-11-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm013:40:16
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043296201
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SULLIVAN BILLE PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 CLARK ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TEWKSBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001876
ReturnHeader/PreparerPersonGrp/PhoneNum09789702900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Barbara J Rowell CPA
ReturnHeader/ReturnTs02018-11-07T08:05:00-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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.$2.83$0.06$2.77$2.56$3.19$0.63
2024Detailed filing. Detailed filing data is available for this year.$3.46$0.06$3.40$3.31$3.49$0.18
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$0.07$3.57$4.17$2.98$1.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$0.06$2.39$2.36$2.54$0.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$0.06$2.57$2.68$2.81$0.13
2020Detailed filing. Detailed filing data is available for this year.$2.76$0.06$2.70$4.74$3.49$1.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.11$1.45$3.75$3.47$0.28
2018Detailed filing. Detailed filing data is available for this year.$1.24$0.06$1.18$2.95$2.53$0.42
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.03$0.76$2.79$2.92$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.03$0.88$3.05$3.07$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.03$0.90$2.68$3.18$0.51
2014Detailed filing. Detailed filing data is available for this year.$1.44$0.03$1.41$3.19$2.99$0.20
2013Summary only. Only limited summary data is available for this year.$1.24$0.03$1.21$3.16$3.60$0.44
2012Summary only. Only limited summary data is available for this year.$1.69$0.04$1.65$2.88$2.67$0.21
2011Summary only. Only limited summary data is available for this year.$1.48$0.03$1.44$2.65$2.71$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.07$1.51$4.38$4.14$0.25