Civic Intelligence

Adopt a Student Foundation C/O Cathedral High School

990 • Fiscal year 2021 • EIN 04-6665080

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 14, 2022

74 Union Park StreetBoston, MA 02118

(781) 915-8886

Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

11th percentile

0.01x

Higher debt load relative to revenue than 11% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

87th percentile

51%

Higher net margin than 87% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

100th percentile

20542%

Faster asset growth than 100% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

39%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$21,004,199

Up $20,902,442 (+20542%) from 2020

Net Assets

Up

$20,944,743

Up $20,903,486 (+50667%) from 2020

Liabilities

Down

$59,456

Down $1,044 (-1.7%) from 2020

Revenue

Up

$4,447,090

Up $1,253,390 (+39%) from 2020

Expenses

Up

$2,159,565

Up $514,090 (+31%) from 2020

Net Income

Up

$2,287,525

Up $739,300 (+48%) from 2020

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2009: $620,079Liabilities 2009: $53,839Net Assets 2009: $566,2402009Assets 2010: $609,764Liabilities 2010: $58,277Net Assets 2010: $551,4872010Assets 2011: $466,025Liabilities 2011: $58,194Net Assets 2011: $407,8312011Assets 2012: $475,184Liabilities 2012: $48,426Net Assets 2012: $426,7582012Assets 2013: $478,801Liabilities 2013: $21,913Net Assets 2013: $456,8882013Assets 2014: $235,087Liabilities 2014: $59,773Net Assets 2014: $175,3142014Assets 2015: $380,212Liabilities 2015: $61,216Net Assets 2015: $318,9962015Assets 2016: $477,822Liabilities 2016: $55,645Net Assets 2016: $422,1772016Assets 2017: $354,248Liabilities 2017: $50,148Net Assets 2017: $304,1002017Assets 2018: $379,519Liabilities 2018: $43,047Net Assets 2018: $336,4722018Assets 2019: $538,532Liabilities 2019: $45,500Net Assets 2019: $493,0322019Assets 2020: $101,757Liabilities 2020: $60,500Net Assets 2020: $41,2572020Assets 2021: $21,004,199Liabilities 2021: $59,456Net Assets 2021: $20,944,7432021Assets 2022: $35,377,425Liabilities 2022: $121,065Net Assets 2022: $35,256,3602022Assets 2023: $47,963,651Liabilities 2023: $41,148Net Assets 2023: $47,922,5032023Assets 2024: $62,199,439Liabilities 2024: $109,348Net Assets 2024: $62,090,0912024Assets 2025: $73,745,147Liabilities 2025: $111,883Net Assets 2025: $73,633,2642025

Highlighted filing

2021

Assets$21,004,199
Liabilities$59,456
Net Assets$20,944,743

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2009: $1,814,428Expenses 2009: $2,017,290Net Income 2009: -$202,8622009Revenue 2010: $1,750,533Expenses 2010: $1,765,286Net Income 2010: -$14,7532010Revenue 2011: $1,780,330Expenses 2011: $1,923,986Net Income 2011: -$143,6562011Revenue 2012: $1,702,986Expenses 2012: $1,684,059Net Income 2012: $18,9272012Revenue 2013: $1,648,774Expenses 2013: $1,618,644Net Income 2013: $30,1302013Revenue 2014: $1,340,877Expenses 2014: $1,622,451Net Income 2014: -$281,5742014Revenue 2015: $1,389,129Expenses 2015: $1,245,447Net Income 2015: $143,6822015Revenue 2016: $3,754,405Expenses 2016: $1,651,224Net Income 2016: $2,103,1812016Revenue 2017: $3,419,816Expenses 2017: $1,537,893Net Income 2017: $1,881,9232017Revenue 2018: $3,621,682Expenses 2018: $1,589,310Net Income 2018: $2,032,3722018Revenue 2019: $3,653,195Expenses 2019: $1,496,635Net Income 2019: $2,156,5602019Revenue 2020: $3,193,700Expenses 2020: $1,645,475Net Income 2020: $1,548,2252020Revenue 2021: $4,447,090Expenses 2021: $2,159,565Net Income 2021: $2,287,5252021Revenue 2022: $24,201,045Expenses 2022: $4,025,120Net Income 2022: $20,175,9252022Revenue 2023: $11,690,518Expenses 2023: $3,658,166Net Income 2023: $8,032,3522023Revenue 2024: $14,101,454Expenses 2024: $4,473,990Net Income 2024: $9,627,4642024Revenue 2025: $13,154,733Expenses 2025: $5,273,288Net Income 2025: $7,881,4452025

Highlighted filing

2021

Revenue$4,447,090
Expenses$2,159,565
Net Income$2,287,525
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 14, 2022
Return Version
2020v4.2
Gross Receipts
$5,177,141
Mission and Program Overview

Mission

The purpose of the foundation and its distributions are to further educational purposes by providing financial assistance to cathedral high school for the school's general education mission.

To provide financial assistance to cathedral high school for the school's general education mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities-$20,222,686-
Pledges and Grants Receivable$0$513,325▲ $513,325
Cash and Non-Interest-Bearing Accounts$101,757$181,600▲ $79,843
Accounts Receivable$0$86,588▲ $86,588
Total Assets$101,757$21,004,199▲ $20,902,442
Liabilities
Accounts Payable and Accrued Expenses$60,500$59,456▼ $1,044
Total Liabilities$60,500$59,456▼ $1,044
Net Assets / Fund Balance
Net Assets With Donor Restrictions$41,257$18,775,214▲ $18,733,957
Net Assets Without Donor Restrictions$0$2,169,529▲ $2,169,529
Total Net Assets Fund Balance$41,257$20,944,743▲ $20,903,486
Total Liabilities and Net Assets / Fund Balance$101,757$21,004,199▲ $20,902,442

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$4,588,121--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020-$17,843,266▲ $1,605,005-$18,909,271
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christopher RemondiTrustee
James CurveyTrustee
John DrewTrustee
John RemondiTrustee
Paul ChisolmTrustee
ROBERT O'NEILLTrustee
Kathy DunnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,419,913
Program Service Revenue
$0
Investment Income
$30,425
Other Revenue
$-3,248
All Other Contributions
$2,813,286
Change in Net Assets
$2,287,525

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,427,230
Revenue Not Reported on Financial Statements
$19,860
Revenue Not Reported on Form 990
$1,949,645
Total Revenue per Audited Statements
$6,376,875
Total Revenue per Form 990
$4,447,090
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,039,000
Other Expenses$120,565
Total Fundraising Expense$89,440
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,039,000--$2,039,000
Fees for Services Other--$80,381$80,381
Fees for Service Investment Mgmnt Fees-$19,860-$19,860
Fees for Services Accounting-$10,765-$10,765
Other Expenses-$500$9,059$500
Total Functional Expenses$2,039,000$31,125$89,440$2,159,565

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,361,177
Total Expenses per Form 990$2,159,565
Expenses per Audited Statements$2,139,705
Expenses Not Reported on Form 990$221,472
Expenses Not Reported on Financial Statements$19,860
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cathedral High SchoolBoston, MA501(c)(3)Support of the School and Scholarships to Be Awarded to Students$2,039,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$221,472
Fundraising Gross Income$218,224
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$1,088,401-$10,765-
Golf$736,450$218,224$74,770$143,454
Total Events$1,824,851$218,224$221,472$-3,248
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
Audit committee
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
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 2

Two of the trustees of the organization are father and son.

Form 990, Part VI, Section A, Line 4

Previously there were three trustees of the foundation and in march of 2021, the trust agreement was restated to include three additional trustees whereby the foundation now has a total of six trustees serving on the board of trustees.

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

The board of trustees designated the responsibility of approval and review of the form 990 to the treasurer and one trustee.

Form 990, Part VI, Section C, Line 18

The organization's governing documents and financial statements are available at the ma attorney general's office and its website.

Form 990, Part VI, Section C, Line 19

The organization's form 990 is available at the ma attorney general's office and its website.

Filing and Contact Details

Filer

Filer Name
Adopt a Student Foundation
EIN
04-6665080
Phone
7819158886
Address
74 UNION PARK STREET, BOSTON, MA 02118

Signing Officer

Name
Kathy Dunn
Title
Treasurer
Phone
6176947616
Signed
2022-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathy Dunn
Formed
1990
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
8

Preparer

Firm
Gt Reilly & Co
Address
424 ADAMS ST, MILTON, MA 02186
Preparer
Jayme F Moore CPA
Phone
6176968900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer of assets to cathedral high school -2,000,000. Transfer of assets from cathedral high school 18,887,788.

Financial Statement Notes

PART V, LINE 4:

In march of 2021, cathedral high school, a related party, transferred a significant portion of its investments to the foundation to hold, manage and distribute in accordance with original donor restrictions, and soley for the benefit of the high school. The investments that were transferred were intended to be held by the foundation, however had been held and managed under the name of the school and did not reflect the proper tax identification number for the foundation until this was change was made.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

DIRECT EVENT EXPENSES

PART XII, LINE 2D - OTHER ADJUSTMENTS:

DIRECT EVENT EXPENSES

Raw XML AppendixShowing 400 of 476 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt060500
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt059456
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt086588
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE FINANCIAL ASSISTANCE TO CATHEDRAL HIGH SCHOOL FOR THE SCHOOL'S GENERAL EDUCATION MISSION.
IRS990/AddressChangeInd0X
IRS990/AllOtherContributionsAmt02813286
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KATHY DUNN
IRS990/BooksInCareOfDetail/PhoneNum06176947616
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt074 UNION PARK STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002118
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0101757
IRS990/CashNonInterestBearingGrp/EOYAmt0181600
IRS990/ChangeToOrgDocumentsInd01
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt01606627
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04419913
IRS990/CYGrantsAndSimilarPaidAmt02039000
IRS990/CYInvestmentIncomeAmt030425
IRS990/CYOtherExpensesAmt0120565
IRS990/CYOtherRevenueAmt0-3248
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt02287525
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02159565
IRS990/CYTotalFundraisingExpenseAmt089440
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04447090
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE PURPOSE OF THE FOUNDATION AND ITS DISTRIBUTIONS ARE TO FURTHER EDUCATIONAL PURPOSES BY PROVIDING FINANCIAL ASSISTANCE TO CATHEDRAL HIGH SCHOOL FOR THE SCHOOL'S GENERAL EDUCATION MISSION INCLUDING, BUT NOT LIMITED TO, SCHOLARSHIPS, EDUCATIONAL PROGRAMS, PROFESSIONAL DEVELOPMENT OF TEACHERS, EXTRACURRICULAR ACTIVITIES, SERVICES FOR STUDENTS, AND FACILITY MAINTENANCE AND IMPROVEMENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt041257
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt018775214
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02039000
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010765
IRS990/FeesForServicesAccountingGrp/TotalAmt010765
IRS990/FeesForServicesOtherGrp/FundraisingAmt080381
IRS990/FeesForServicesOtherGrp/TotalAmt080381
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt019860
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt019860
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt610.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL CHISOLM
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES CURVEY
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN DREW
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT O'NEILL
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRISTOPHER REMONDI
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN REMONDI
IRS990/Form990PartVIISectionAGrp/PersonNm6KATHY DUNN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt01606627
IRS990/FundraisingDirectExpensesAmt0221472
IRS990/FundraisingGrossIncomeAmt0218224
IRS990/GainOrLossGrp/SecuritiesAmt030421
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt02039000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02039000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02039000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0539000
IRS990/GrossReceiptsAmt05177141
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt04
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt020222686
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0508579
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF THE FOUNDATION AND ITS DISTRIBUTIONS ARE TO FURTHER EDUCATIONAL PURPOSES BY PROVIDING FINANCIAL ASSISTANCE TO CATHEDRAL HIGH SCHOOL FOR THE SCHOOL'S GENERAL EDUCATION MISSION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt041257
IRS990/NetAssetsOrFundBalancesEOYAmt020944743
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt030421
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt030421
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-3248
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-3248
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01728173
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02169529
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt016887788
IRS990/OtherExpensesGrp/Desc0OTHER FUNDRAISING EXPEN
IRS990/OtherExpensesGrp/Desc1ANNUAL FILING FEES
IRS990/OtherExpensesGrp/FundraisingAmt09059
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0500
IRS990/OtherExpensesGrp/TotalAmt09059
IRS990/OtherExpensesGrp/TotalAmt1500
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0513325
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KATHY DUNN
IRS990/ProfessionalFundraisingInd01
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03233682
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01520000
IRS990/PYInvestmentIncomeAmt01550
IRS990/PYOtherExpensesAmt0125475
IRS990/PYOtherRevenueAmt0-41532
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01548225
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01645475
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03193700
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02287525
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04447090
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04638138
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03288782
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03849639
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03838341
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03500558
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt019115458
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01550
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02297
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0786
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0841
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05478
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.48920
IRS990ScheduleA/PublicSupportPY170Pct00.46000
IRS990ScheduleA/PublicSupportTotal170Amt09353377
IRS990ScheduleA/SubstantialContributorsTotAmt09762081
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04638138
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03288782
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03849639
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03838341
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03500558
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt019115458
IRS990ScheduleA/TotalSupportAmt019120936
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.11000
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt017843266
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt018909271
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0539000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01605005
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0221472
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt019860
IRS990ScheduleD/ExpensesSubtotalAmt02139705
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt019860
IRS990ScheduleD/InvestmentExpensesNotIncldAmt019860
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01728173
IRS990ScheduleD/OtherExpensesIncludedAmt0221472
IRS990ScheduleD/OtherRevenueAmt0221472
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt015634565
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt14588121
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MULTI-STRATEGY BOND FUND, COMMONFUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1MULTI-STRATEGY EQUITY FUND, COMMONFUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.67000
IRS990ScheduleD/RevenueNotReportedAmt01949645
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt019860
IRS990ScheduleD/RevenueSubtotalAmt04427230
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN MARCH OF 2021, CATHEDRAL HIGH SCHOOL, A RELATED PARTY, TRANSFERRED A SIGNIFICANT PORTION OF ITS INVESTMENTS TO THE FOUNDATION TO HOLD, MANAGE AND DISTRIBUTE IN ACCORDANCE WITH ORIGINAL DONOR RESTRICTIONS, AND SOLEY FOR THE BENEFIT OF THE HIGH SCHOOL. THE INVESTMENTS THAT WERE TRANSFERRED WERE INTENDED TO BE HELD BY THE FOUNDATION, HOWEVER HAD BEEN HELD AND MANAGED UNDER THE NAME OF THE SCHOOL AND DID NOT REFLECT THE PROPER TAX IDENTIFICATION NUMBER FOR THE FOUNDATION UNTIL THIS WAS CHANGE WAS MADE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT EVENT EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT EVENT EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.22000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt020222686
IRS990ScheduleD/TotalExpensesPerForm990Amt02159565
IRS990ScheduleD/TotalRevenuePerForm990Amt04447090
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06376875
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02361177
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0EVENT MANAGEMENT
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt01824851
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt01744470
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0COVENTURES
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt080381
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0ONE DESIGN CENTER PLACE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0BOSTON
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd002210
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt01606627
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt01088401
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0518226
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0221472
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt023600
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt023600
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt01088401
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0736450
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt01824851
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0218224
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0218224
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-3248
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt085535
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010765
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt074770
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt0112337
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0112337
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt01824851
IRS990ScheduleG/TotalNetToOrganizationAmt01744470
IRS990ScheduleG/TotalRetainedByContractorsAmt080381
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt02039000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT OF THE SCHOOL AND SCHOLARSHIPS TO BE AWARDED TO STUDENTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CATHEDRAL HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0562438574
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt074 UNION PARK STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BOSTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002118
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0COST
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO OF THE TRUSTEES OF THE ORGANIZATION ARE FATHER AND SON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREVIOUSLY THERE WERE THREE TRUSTEES OF THE FOUNDATION AND IN MARCH OF 2021, THE TRUST AGREEMENT WAS RESTATED TO INCLUDE THREE ADDITIONAL TRUSTEES WHEREBY THE FOUNDATION NOW HAS A TOTAL OF SIX TRUSTEES SERVING ON THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF TRUSTEES DESIGNATED THE RESPONSIBILITY OF APPROVAL AND REVIEW OF THE FORM 990 TO THE TREASURER AND ONE TRUSTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE MA ATTORNEY GENERAL'S OFFICE AND ITS WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S FORM 990 IS AVAILABLE AT THE MA ATTORNEY GENERAL'S OFFICE AND ITS WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRANSFER OF ASSETS TO CATHEDRAL HIGH SCHOOL -2,000,000. TRANSFER OF ASSETS FROM CATHEDRAL HIGH SCHOOL 18,887,788.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CATHEDRAL HIGH SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PRIVATE HIGH SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt074 UNION PARK STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BOSTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002118
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt02039000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt116887788
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CATHEDRAL HIGH SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1CATHEDRAL HIGH SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1R
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00

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.$73.7$0.11$73.6$13.2$5.27$7.88
2024Detailed filing. Detailed filing data is available for this year.$62.2$0.11$62.1$14.1$4.47$9.63
2023Detailed filing. Detailed filing data is available for this year.$48.0$0.04$47.9$11.7$3.66$8.03
2022Detailed filing. Detailed filing data is available for this year.$35.4$0.12$35.3$24.2$4.03$20.2
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$0.06$20.9$4.45$2.16$2.29
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.06$0.04$3.19$1.65$1.55
2019Detailed filing. Detailed filing data is available for this year.$0.54$0.05$0.49$3.65$1.50$2.16
2018Detailed filing. Detailed filing data is available for this year.$0.38$0.04$0.34$3.62$1.59$2.03
2017Detailed filing. Detailed filing data is available for this year.$0.35$0.05$0.30$3.42$1.54$1.88
2016Detailed filing. Detailed filing data is available for this year.$0.48$0.06$0.42$3.75$1.65$2.10
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.06$0.32$1.39$1.25$0.14
2014Summary only. Only limited summary data is available for this year.$0.24$0.06$0.18$1.34$1.62$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.02$0.46$1.65$1.62$0.03
2012Summary only. Only limited summary data is available for this year.$0.48$0.05$0.43$1.70$1.68$0.02
2011Summary only. Only limited summary data is available for this year.$0.47$0.06$0.41$1.78$1.92$0.14
2010Summary only. Only limited summary data is available for this year.$0.61$0.06$0.55$1.75$1.77$0.01
2009Summary only. Only limited summary data is available for this year.$0.62$0.05$0.57$1.81$2.02$0.20