Civic Intelligence

Cambridge Community Foundation

990 • Fiscal year 2020 • EIN 04-6012492

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 18, 2021

99 Bishop Allen DriveCambridge, MA 02139

(617) 576-9966

Siviq Scores

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

Liabilities / Assets

20th percentile

0.03x

Higher debt load relative to assets than 20% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

49th percentile

0.34x

Higher debt load relative to revenue than 49% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

20th percentile

-7.7%

Higher net margin than 20% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

44th percentile

$222,991

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

35th percentile

2.5%

Faster asset growth than 35% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

16th percentile

-22%

Faster revenue growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$45,615,345

Up $1,111,444 (+2.5%) from 2019

Net Assets

Up

$44,096,936

Up $1,032,927 (+2.4%) from 2019

Liabilities

Up

$1,518,409

Up $78,517 (+5.5%) from 2019

Revenue

Down

$4,512,445

Down $1,267,908 (-22%) from 2019

Expenses

Up

$4,860,298

Up $1,566,958 (+48%) from 2019

Net Income

Down

-$347,853

Down $2,834,866 (-114%) from 2019

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $26,926,487Liabilities 2010: $3,088,529Net Assets 2010: $23,837,9582010Assets 2011: $30,625,372Liabilities 2011: $3,577,031Net Assets 2011: $27,048,3412011Assets 2012: $30,572,838Liabilities 2012: $3,752,642Net Assets 2012: $26,820,1962012Assets 2013: $32,635,156Liabilities 2013: $4,073,422Net Assets 2013: $28,561,7342013Assets 2014: $37,469,635Liabilities 2014: $2,405,308Net Assets 2014: $35,064,3272014Assets 2015: $37,085,801Liabilities 2015: $2,077,776Net Assets 2015: $35,008,0252015Assets 2016: $35,419,146Liabilities 2016: $1,465,572Net Assets 2016: $33,953,5742016Assets 2017: $38,084,483Liabilities 2017: $2,000,721Net Assets 2017: $36,083,7622017Assets 2018: $41,053,574Liabilities 2018: $1,440,045Net Assets 2018: $39,613,5292018Assets 2019: $44,503,901Liabilities 2019: $1,439,892Net Assets 2019: $43,064,0092019Assets 2020: $45,615,345Liabilities 2020: $1,518,409Net Assets 2020: $44,096,9362020Assets 2021: $55,258,879Liabilities 2021: $2,432,592Net Assets 2021: $52,826,2872021Assets 2022: $50,483,194Liabilities 2022: $2,851,744Net Assets 2022: $47,631,4502022Assets 2023: $55,289,587Liabilities 2023: $2,547,314Net Assets 2023: $52,742,2732023Assets 2024: $62,720,429Liabilities 2024: $3,094,379Net Assets 2024: $59,626,0502024Assets 2025: $68,873,102Liabilities 2025: $3,305,540Net Assets 2025: $65,567,5622025

Highlighted filing

2020

Assets$45,615,345
Liabilities$1,518,409
Net Assets$44,096,936

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $1,498,5602010Expenses 2011: $1,499,4222011Expenses 2012: $1,675,8582012Revenue 2013: $2,934,969Expenses 2013: $1,899,624Net Income 2013: $1,035,3452013Revenue 2014: $3,331,058Expenses 2014: $2,232,440Net Income 2014: $1,098,6182014Revenue 2015: $2,525,595Expenses 2015: $2,363,346Net Income 2015: $162,2492015Revenue 2016: $2,578,348Expenses 2016: $3,165,232Net Income 2016: -$586,8842016Revenue 2017: $3,369,996Expenses 2017: $2,849,268Net Income 2017: $520,7282017Revenue 2018: $4,772,631Expenses 2018: $2,690,517Net Income 2018: $2,082,1142018Revenue 2019: $5,780,353Expenses 2019: $3,293,340Net Income 2019: $2,487,0132019Revenue 2020: $4,512,445Expenses 2020: $4,860,298Net Income 2020: -$347,8532020Revenue 2021: $8,744,130Expenses 2021: $6,595,374Net Income 2021: $2,148,7562021Revenue 2022: $9,505,977Expenses 2022: $5,356,135Net Income 2022: $4,149,8422022Revenue 2023: $9,057,773Expenses 2023: $6,014,600Net Income 2023: $3,043,1732023Revenue 2024: $10,188,009Expenses 2024: $7,623,052Net Income 2024: $2,564,9572024Revenue 2025: $11,826,432Expenses 2025: $6,980,632Net Income 2025: $4,845,8002025

Highlighted filing

2020

Revenue$4,512,445
Expenses$4,860,298
Net Income-$347,853
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 18, 2021
Return Version
2019v5.0
Gross Receipts
$16,812,146
Mission and Program Overview

Mission

Cambridge community foundation (ccf) is dedicated to improving the quality of life for the residents of cambridge. Founded in 1916, ccf serves the city through its civic leadership and support of nonprofit community organizations. Direct financial grants, providing technical assistance, and forming partnerships among organizations to coordinate services, address gaps, and highlight emerging issues. Ccf supports work in the following six areas: early childhood services youth services senior services community services emergency services arts and the environment

To provide grants to social service agencies serving cambridge and to serve as a civic leader.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$42,673,839$43,479,205▲ $805,366
Cash and Non-Interest-Bearing Accounts$411,372$985,724▲ $574,352
Investments Other Securities$377,351$317,103▼ $60,248
Pledges and Grants Receivable$83,523$243,373▲ $159,850
Savings and Temporary Cash Investments$432,737$58,872▼ $373,865
Prepaid Expenses and Deferred Charges$27,706$31,647▲ $3,941
Land, Buildings, and Equipment, Net$28,069$3,186▼ $24,883
Total Assets$44,503,901$45,615,345▲ $1,111,444
Other Assets Total$469,304$496,235▲ $26,931
Liabilities
Other Liabilities$1,386,162$1,268,703▼ $117,459
Unsecured Notes Loans Payable-$158,836-
Accounts Payable and Accrued Expenses$53,230$35,370▼ $17,860
Grants Payable$500$30,000▲ $29,500
Deferred Revenue-$25,500-
Total Liabilities$1,439,892$1,518,409▲ $78,517
Net Assets / Fund Balance
Net Assets With Donor Restrictions$23,236,538$23,625,316▲ $388,778
Net Assets Without Donor Restrictions$19,827,471$20,471,620▲ $644,149
Total Net Assets Fund Balance$43,064,009$44,096,936▲ $1,032,927
Total Liabilities and Net Assets / Fund Balance$44,503,901$45,615,345▲ $1,111,444

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements-$146,019$146,019
Other Land Buildings$3,186$30,053$33,239
Equipment-$24,996$24,996

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$38,169,137$610,181▲ $2,246,413$1,777,174$38,308,056
2018$36,741,965$479,845▲ $3,079,460$1,123,491$38,169,137
2017$33,843,277$1,187,314▲ $4,478,936$1,954,040$36,741,965
2016$31,758,732$178,752▲ $3,512,210$656,081$33,843,277
2015$32,781,331$260,159▲ $376,219$655,257$31,758,732
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-PresidentFT$182,388$40,603$222,991
Geeta PradhanPresident-$182,388$40,603$222,991
Geeta PradhanTrustee--$175,944$175,944
Bank of AmericaTrustee--$34,949$34,949
Revenue and Support

Revenue Composition

Contributions and Grants
$3,172,080
Program Service Revenue
$0
Investment Income
$1,305,778
Other Revenue
$34,587
All Other Contributions
$2,890,160
Change in Net Assets
$-347,853

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded18$121,752Published Fair Value
Total Noncash Contributions18$121,752-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,184,654
Salaries, Compensation, and Employee Benefits$975,820
Other Expenses$699,824
Total Fundraising Expense$305,492
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,169,154--$3,169,154
Other Salaries and Wages$259,673$211,097$123,731$594,501
Current Officers, Directors, Trustees, and Key Employees$116,197$58,099$58,099$232,395
Fees for Service Investment Mgmnt Fees$210,893--$210,893
Office Expenses$11,133$98,571$6,630$116,334
Fees for Services Other$100,323$5,208$2,553$108,084
Other Employee Benefits$42,441$27,540$26,046$96,027
Payroll Taxes$18,809$20,120$13,968$52,897
Occupancy$15,668$14,312$10,020$40,000
Fees for Services Accounting-$35,320-$35,320
Advertising-$25,290$1,385$26,675
Depreciation Depletion$9,747$8,903$6,233$24,883
Information Technology$8,738$7,982$5,588$22,308
Grants to Domestic Individuals$15,500--$15,500
Fees for Services Legal-$14,787-$14,787
Conferences and Meetings$2,567$2,567$2,200$7,334
Insurance-$6,096-$6,096
Travel$1,022-$1,022$2,044
Other Expenses$252$10,367$48,017$252
Total Functional Expenses$4,008,547$546,259$305,492$4,860,298
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New Venture FundWashington, DC501c3Program Assistance.$300,000
Community Action Agency of SomervilSomerville, MA501c3Program Assistance.$116,500
President and Fellows of Harvard CoCambridge, MA501c3Program Assistance.$105,253
Cambridge Economic Opportunity CommCambridge, MA501c3Program Assistance.$100,000
Longy School of Music of Bard ColleCambridge, MA501c3Program Assistance.$69,500
Kendall Square AssociationCambridge, MA501c3Program Assistance.$67,500
Food for Free CommitteeCambridge, MA501c3Program Assistance.$65,000
De Novo Community Legal Services aCambridge, MA501c3Program Assistance.$60,000
East End HouseCambridge, MA501c3Program Assistance.$60,000
Family Independence InitiativeJamaica Plain, MA501c3Program Assistance.$60,000
Margaret Fuller Neighborhood HouseCambridge, MA501c3Program Assistance.$60,000
Agenda for Children Out-of-school-Cambridge, MA501c3Program Assistance.$50,000
Cambridge Housing Authority Work FCambridge, MA501c3Program Assistance.$50,000
Irish International Immigrant CenteBoston, MA501c3Program Assistance.$45,000
Cambridge Community CenterCambridge, MA501c3Program Assistance.$42,500
World Central Kitchen Dba Off theWashington, DC-Program Assistance.$40,160
Cambridge Nonprofit CoalitionCambridge, MA501c3Program Assistance.$40,000
Greater Boston Legal ServicesBoston, MA501c3Program Assistance.$40,000
Malden YmcaMalden, MA501c3Program Assistance.$40,000
Cambridge Art AssociationCambridge, MA501c3Program Assistance.$38,791
EnrootCambridge, MA501c3Program Assistance.$33,500
Cambridge Camping AssociationCambridge, MA501c3Program Assistance.$32,000
Becoming a ManBoston, MA501c3Program Assistance.$30,000
Just-a-start CorporationCambridge, MA501c3Program Assistance.$25,000
Living Arts International IncNew York, NY501c3Program Assistance.$25,000
Wilmington Friends SchoolWilmington, DE-Program Assistance.$25,000
Community Art Center IncCambridge, MA501c3Program Assistance.$23,500
HOMEOWNER'S REHAB INCCambridge, MA501c3Program Assistance.$21,000
Agassiz Baldwin CommunityCambridge, MA501c3Program Assistance.$20,000
Summer Fund (philanthropy Ma)Boston, MA501c3Program Assistance.$20,000
The Dance ComplexCambridge, MA501c3Program Assistance.$20,000
Cambridge Volunteer ClearinghouseCambridge, MA501c3Program Assistance.$18,500
Innovators for PurposeActon, MA501c3Program Assistance.$15,500
Cambridge Community Television (cctCambridge, MA501c3Program Assistance.$15,000
CasparSomerville, MA501c3Program Assistance.$15,000
Design Museum FoundationBoston, MA501c3Program Assistance.$15,000
Heading HomeCharlestown, MA501c3Program Assistance.$15,000
Jean Appolon ExpressionsMalden, MA501c3Program Assistance.$15,000
Loop LabCambridge, MA501c3Program Assistance.$15,000
Startup MentorsBoston, MA501c3Program Assistance.$15,000
Tutoring Plus of Cambridge IncCambridge, MA501c3Program Assistance.$15,000
Massachusetts Alliance of PortuguesCambridge, MA501c3Program Assistance.$13,500
Breakthrough Greater BostonCambridge, MA501c3Program Assistance.$12,500
Central Square TheaterCambridge, MA501c3Program Assistance.$12,500
On the Rise IncCambridge, MA501c3Program Assistance.$11,500
Cambridge Center for Adult EducatioCambridge, MA501c3Program Assistance.$10,000
Community Dispute Settlement CenterCambridge, MA501c3Program Assistance.$10,000
Homestart IncBoston, MA501c3Program Assistance.$10,000
JOSE MATEO'S BALLET THEATRECambridge, MA501c6Program Assistance.$10,000
Kingdom Empowerment CenterCambridge, MA501c3Program Assistance.$10,000
Mass Undocufund (co MassachusettsBoston, MA501c3Program Assistance.$10,000
Parenting JourneySomerville, MA501c3Program Assistance.$10,000
Ywca CambridgeCambridge, MA-Program Assistance.$10,000
Science Club for GirlsCambridge, MA501c3Program Assistance.$8,000
The Guidance Center Riverside ComDedham, MA501c3Program Assistance.$8,000
Visiting Nurse Foundation IncSomerville, MA501c3Program Assistance.$8,000
Cambridge School VolunteersCambridge, MA501c3Program Assistance.$7,500
Community ConversationsCambridge, MA501c3Program Assistance.$7,500
Pair Project Political AsylumimmiBoston, MA501c3Program Assistance.$7,500
Prospect Hill Academy Charter SchooCambridge, MA501c3Program Assistance.$7,500
Solutions at WorkCambridge, MA501c3Program Assistance.$7,500
The Possible ProjectCambridge, MA501c3Program Assistance.$7,500
Transition HouseCambridge, MA501c3Program Assistance.$7,500
Wgbh Educational FoundationBoston, MA501c3Program Assistance.$7,500
Adolescent Consultation Services ICambridge, MA501c3Program Assistance.$7,000
Bridge Over Troubled WatersBoston, MA501c3Program Assistance.$7,000
Fenway Community Health Center IncBoston, MA501c3Program Assistance.$6,500
Tech Goes HomeBoston, MA501c3Program Assistance.$6,500
Metro Housing Boston (formerly MetrBoston, MA501c3Program Assistance.$6,000
Y2y NetworkCambridge, MA-Program Assistance.$6,000
Philanthropy MassachusettsBoston, MA501c3Program Assistance.$5,650
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$15,260
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Events/galas$272,020-$15,260-
Total Events$272,020-$15,260$-15,260
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Endowment$1,216,606
Liability for Gift Annuity$30,666
Fiscal Agency Liabilities$21,403
Sales Tax Liability$28
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 4

Amended the declaration of trust to set term limits of two consecutive five year terms for directors.

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

Draft of the 990 is available to all board members for review.

Form 990, Page 6, Part VI, Line 12C

The organization provides it governing documents to all upon request.

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

Comparability data is reviewed by the board prior to setting executive compensation.

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

SAME AS ABOVE.

Form 990, Page 6, Part VI, Line 19

The organizaion provides its governing documents upon request.

Filing and Contact Details

Filer

Filer Name
Cambridge Community Foundation
EIN
04-6012492
Phone
6175769966
Address
99 BISHOP ALLEN DRIVE, CAMBRIDGE, MA 02139

Signing Officer

Name
Richard a Harriman
Title
Board Chair
Phone
6175769966
Signed
2021-01-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard a Harriman
Formed
1916
Legal Domicile
Ma
Voting Board Members
25
Independent Board Members
22
Employees
11
Volunteers
39

Preparer

Firm
Anstiss & Co Pc
Address
1115 WESTFORD STREET 3RD FLOOR, LOWELL, MA 01851-2701
Preparer
Jayne a Andrews
Phone
9784522500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Cambridge community foundation (ccf) is dedicated to improving the quality of life for the residents of cambridge. Founded in 1916, ccf serves the city through its civic leadership and support of nonprofit community organizations. Direct financial grants, providing technical assistance, and formning partnerships among organizations to coordinate services, address gaps, and highlight emerging issues. Ccf supports work in the following six areas: early childhood services youth services senior services community services emergency outreach arts and the evironment

Form 990, Part XI, Line 9

Gifts to agency endowment funds -9,510 fundraising expenses 15,260 fundraising expenses -15,260 grants from agency endowment funds 75,863 total 66,353

Financial Statement Notes

Schedule D, Page 3, Part X

The foundation, a trust under chapter 180 of the massachusetts general laws as a tax-exempt entity, has been granted tax-exempt status under internal revenue code (irc) section 501(c)(3) and is classified as other than a private foundation as defined by section 509(a) of the irc. Therefore, it is generally exempt from federal and state income taxes. Accordingly, no provision for income taxes has been provided for in the accompanying financial statements. Asc 740-10, "accounting for uncertainty in income taxes," requires the foundation to evaluate and disclose tax positions that could have an effect on the foundation's financial statements. The foundation reports its activities to the internal revenue service and to the commonwealth of massachusetts on an annual basis. These informational returns are generally subject to audit and review by the governmental agencies for a period of three years after filing. Management believes it is no longer subject to review by taxing authorities for periods before 2018. Substantially all of the foundation's income, expenditures and activities relate to its exempt purpose, therefore, management has determined that the foundation is not subject to unrelated business income taxes and will continue to qualify as a tax-exempt not-for-profit entity.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$68.9$3.31$65.6$11.8$6.98$4.85
2024Detailed filing. Detailed filing data is available for this year.$62.7$3.09$59.6$10.2$7.62$2.56
2023Detailed filing. Detailed filing data is available for this year.$55.3$2.55$52.7$9.06$6.01$3.04
2022Detailed filing. Detailed filing data is available for this year.$50.5$2.85$47.6$9.51$5.36$4.15
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$55.3$2.43$52.8$8.74$6.60$2.15
2020Detailed filing. Detailed filing data is available for this year.$45.6$1.52$44.1$4.51$4.86$0.35
2019Detailed filing. Detailed filing data is available for this year.$44.5$1.44$43.1$5.78$3.29$2.49
2018Detailed filing. Detailed filing data is available for this year.$41.1$1.44$39.6$4.77$2.69$2.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.1$2.00$36.1$3.37$2.85$0.52
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.4$1.47$34.0$2.58$3.17$0.59
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.1$2.08$35.0$2.53$2.36$0.16
2014Detailed filing. Detailed filing data is available for this year.$37.5$2.41$35.1$3.33$2.23$1.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.6$4.07$28.6$2.93$1.90$1.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.6$3.75$26.8$1.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.6$3.58$27.0$1.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.9$3.09$23.8$1.50