Civic Intelligence

The Suzanne a and Andrew S Offit Charitable Trust

EIN 04-6933631 • Woburn, MA

Freed 400 West Cummings Pk 5850Woburn, MA 01801
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

66th percentile

0.00x

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

<$500k nonprofits • Source year 2021

Net Margin

1st percentile

-47404%

Higher net margin than 1% of similar nonprofits.

<$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

<$500k nonprofits • Source year 2021

Asset Growth

12th percentile

-100%

Faster asset growth than 12% of similar nonprofits.

<$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-97%

Faster revenue growth than 6% of similar nonprofits.

<$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $3,030,510 (-100%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$0

Down $3,030,510 (-100%) from 2020

Revenue

Down

$6,393

Down $198,208 (-97%) from 2020

Expenses

Up

$3,036,903

Up $1,789,707 (+143%) from 2020

Net Income

Down

-$3,030,510

Down $1,987,915 (-191%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $3,307,330Liabilities 2010: $0Net Assets 2010: $3,307,3302010Assets 2011: $3,016,444Liabilities 2011: $0Net Assets 2011: $3,016,4442011Assets 2012: $2,789,433Liabilities 2012: $0Net Assets 2012: $2,789,4332012Assets 2013: $3,349,987Liabilities 2013: $0Net Assets 2013: $3,349,9872013Assets 2014: $4,191,179Liabilities 2014: $0Net Assets 2014: $4,191,1792014Assets 2015: $4,790,857Liabilities 2015: $0Net Assets 2015: $4,790,8572015Assets 2017: $4,495,723Liabilities 2017: $0Net Assets 2017: $4,495,7232017Assets 2018: $4,480,832Liabilities 2018: $0Net Assets 2018: $4,480,8322018Assets 2019: $4,073,105Liabilities 2019: $0Net Assets 2019: $4,073,1052019Assets 2020: $3,030,510Liabilities 2020: $0Net Assets 2020: $3,030,5102020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $33,8672010Expenses 2011: $237,3012011Expenses 2012: $435,5432012Revenue 2013: $1,481,256Expenses 2013: $920,702Net Income 2013: $560,5542013Revenue 2014: $1,612,695Expenses 2014: $771,503Net Income 2014: $841,1922014Revenue 2015: $1,562,996Expenses 2015: $963,318Net Income 2015: $599,6782015Revenue 2017: $903,818Expenses 2017: $1,110,492Net Income 2017: -$206,6742017Revenue 2018: $839,212Expenses 2018: $854,103Net Income 2018: -$14,8912018Revenue 2019: $536,278Expenses 2019: $944,005Net Income 2019: -$407,7272019Revenue 2020: $204,601Expenses 2020: $1,247,196Net Income 2020: -$1,042,5952020Revenue 2021: $6,393Expenses 2021: $3,036,903Net Income 2021: -$3,030,5102021

Highlighted filing

2021

Revenue$6,393
Expenses$3,036,903
Net Income-$3,030,510

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 9, 2022
Return Version
2021v4.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUZANNE A OFFITTrusteePT$0--
ANDREW S OFFITTrusteePT$0--
Filing and Contact Details

Filer

Filer Name
The Day Charitable Trust
EIN
04-6933631
Phone
6174241100
Address
FREED 400 WEST CUMMINGS PK 5850, WOBURN, MA 01801

Signing Officer

Name
Andrew Offit
Title
Trustee
Phone
6174241100
Signed
2022-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Kenneth Freed & Company Pc
Address
400 WEST CUMMINGS PARK SUITE 5850, WOBURN, MA 01801-7238
Preparer
Wendy M Nasser CPA
Phone
6174241100
Raw XML Appendix308 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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IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt0884518
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt03027390
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt03019661
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt06930308
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt03910647
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0ANDREW AND SUZANNE OFFIT
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt01429 COMMONWEALTH AVENUE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0WEST NEWTON
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0MA
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd002465
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt06203
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
LiquidationExplanationStmt/ExplanationTxt0DURING 2021 THE TRUSTEES DONATED ALL ASSETS TO THE FIDELITY CHARITABLE GIFT FUND, HEREBY DISSOLVING THE FOUNDATION. THE FIDELITY CHARITABLE GIFT FUND IS A PUBLIC CHARITY DESCRIBED IN SECTION 170(B)(1)(A)(VI) AND HAS BEEN CONTINUALLY IN EXISTENCE FOR MORE THAN 60 MONTHS; AS SUCH THE FIDELITY CHARITABLE GIFT FUND IS A QUALIFYING PUBLIC CHARITY FOR PURPOSES OF TERMINATION UNDER SECTION 507(B)(1)(A).
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt040
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0DIVIDENDS RECEIVABLE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0FILING FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt035
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt03310
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0FREED INVESTMENT GROUP
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt03310
TaxesSchedule/TaxesDetail/Amt01968
TaxesSchedule/TaxesDetail/CategoryTxt0FEDERAL EXCISE TAX
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDREW OFFIT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum06174241100
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE DAY CHARITABLE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0DAYC
ReturnHeader/Filer/EIN0046933631
ReturnHeader/Filer/PhoneNum06174241100
ReturnHeader/Filer/USAddress/AddressLine1Txt0FREED 400 WEST CUMMINGS PK 5850
ReturnHeader/Filer/USAddress/CityNm0WOBURN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001801
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475422543
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KENNETH FREED & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0400 WEST CUMMINGS PARK SUITE 5850
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOBURN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0018017238
ReturnHeader/PreparerPersonGrp/PhoneNum06174241100
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WENDY M NASSER CPA
ReturnHeader/ReturnTs02022-05-16T10:13:15-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANDREW
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OFFIT
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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