Civic Intelligence

Evelyn & Louis Grossman Fund Inc.

EIN 11-6015471 • Wellesley, MA

Pub. 78 Eligible
9 Yarmouth RoadWellesley, MA 02481-1233
Siviq Scores

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

Liabilities / Assets

78th percentile

0.05x

Higher debt load relative to assets than 78% of similar nonprofits.

<$500k nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.14x

Higher debt load relative to revenue than 86% of similar nonprofits.

<$500k nonprofits • Source year 2024

Net Margin

37th percentile

-5.8%

Higher net margin than 37% of similar nonprofits.

<$500k nonprofits • Source year 2024

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 2024

Asset Growth

45th percentile

-4.9%

Faster asset growth than 45% of similar nonprofits.

<$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-24%

Faster revenue growth than 30% of similar nonprofits.

<$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$97,396

Down $5,047 (-4.9%) from 2023

Liabilities

Down

$5,346

Down $6 (-0.1%) from 2023

Net Assets

Down

$92,050

Down $5,041 (-5.2%) from 2023

Operations
Liabilities / Revenue86th percentileNet Margin37th percentile

Revenue

Down

$37,030

Down $11,454 (-24%) from 2023

Expenses

Down

$39,177

Down $15,897 (-29%) from 2023

Net Income

Up

-$2,147

Up $4,443 (+67%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

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

$150K$100K$50K$0Assets 2011: $136,258Liabilities 2011: $3,5442011Assets 2012: $115,108Liabilities 2012: $3,7922012Assets 2013: $101,540Liabilities 2013: $4,0282013Assets 2014: $99,837Liabilities 2014: $4,1192014Assets 2015: $118,542Liabilities 2015: $4,2042015Assets 2019: $108,048Liabilities 2019: $4,6022019Assets 2020: $122,221Liabilities 2020: $4,614Net Assets 2020: $117,6072020Assets 2021: $110,043Liabilities 2021: $4,909Net Assets 2021: $105,1342021Assets 2022: $103,275Liabilities 2022: $5,044Net Assets 2022: $98,2312022Assets 2023: $102,443Liabilities 2023: $5,352Net Assets 2023: $97,0912023Assets 2024: $97,396Liabilities 2024: $5,346Net Assets 2024: $92,0502024

Highlighted filing

2024

Assets$97,396
Liabilities$5,346
Net Assets$92,050
Open 2024 Filing

Operations Trend

Revenue Growth30th percentile

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

$60K$40K$20K$0-$20K-$40KRevenue 2011: $10,120Expenses 2011: $32,094Net Income 2011: -$21,9742011Revenue 2012: $26,572Expenses 2012: $36,411Net Income 2012: -$9,8392012Revenue 2013: $17,800Expenses 2013: $25,338Net Income 2013: -$7,5382013Revenue 2014: $19,404Expenses 2014: $20,574Net Income 2014: -$1,1702014Revenue 2015: $57,859Expenses 2015: $37,317Net Income 2015: $20,5422015Revenue 2019: $31,843Expenses 2019: $32,138Net Income 2019: -$2952019Revenue 2020: $28,637Expenses 2020: $33,495Net Income 2020: -$4,8582020Revenue 2021: $37,236Expenses 2021: $33,269Net Income 2021: $3,9672021Revenue 2022: $34,212Expenses 2022: $47,000Net Income 2022: -$12,7882022Revenue 2023: $48,484Expenses 2023: $55,074Net Income 2023: -$6,5902023Revenue 2024: $37,030Expenses 2024: $39,177Net Income 2024: -$2,1472024

Highlighted filing

2024

Revenue$37,030
Expenses$39,177
Net Income-$2,147
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$97,396
Liabilities
$5,346
Net assets
$92,050
Revenue
$37,030
Expenses
$39,177
Net income
-$2,147
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.97$0.05$0.92$0.37$0.39$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.02$0.05$0.97$0.48$0.55$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.03$0.05$0.98$0.34$0.47$0.13
2021Detailed filing. Detailed filing data is available for this year.$1.10$0.05$1.05$0.37$0.33$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.22$0.05$1.18$0.29$0.33$0.05
2019Summary only. Only limited summary data is available for this year.$1.08$0.05$0.32$0.32$0.00
2015Summary only. Only limited summary data is available for this year.$1.19$0.04$0.58$0.37$0.21
2014Summary only. Only limited summary data is available for this year.$1.00$0.04$0.19$0.21$0.01
2013Summary only. Only limited summary data is available for this year.$1.02$0.04$0.18$0.25$0.08
2012Summary only. Only limited summary data is available for this year.$1.15$0.04$0.27$0.36$0.10
2011Summary only. Only limited summary data is available for this year.$1.36$0.04$0.10$0.32$0.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL A GROSSMANPresident, Treasurer, TrusteePT$0--
LOUISE F GROSSMANVice President, Secretary, Trustee-$0--
LESLIE A BLAUAssistant Treasurer, Trustee-$0--
EMILY S GROSSMANAssistant Treasurer, Trustee-$0--
FREDRICK M BLAUAssistant Secretary, Trustee-$0--
Filing and Contact Details

Filer

Filer Name
Evelyn & Louis Grossman Fund Inc
EIN
11-6015471
Phone
7819106002
Address
9 YARMOUTH ROAD, WELLESLEY, MA 02481-1233

Signing Officer

Name
Louise Grossman
Title
VP
Phone
7819106002
Signed
2025-11-06
Discuss with paid preparer
Yes

Preparer

Firm
Coles & Bodoin Llp
Address
75 SECOND AVENUE, NEEDHAM, MA 02494
Preparer
Alan W Lapierre CPA
Phone
7814551400
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT, SECRETARY, TRUSTEE
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt3ASSISTANT TREASURER, TRUSTEE
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