Civic Intelligence

Massachusetts Soldiers Legacy Fund

990 • Fiscal year 2016 • EIN 20-1909556

Jan 01, 2016 to Dec 31, 2016 • Filed on May 03, 2017

Organization ProfileWWW.MSLFUND.ORG

View Organization Page

225 Cedar Hill Street No 200Marlborough, MA 01752

(508) 630-2382

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

15th percentile

-21%

Higher net margin than 15% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

64th percentile

$90,201

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 27.3% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

48th percentile

0.7%

Faster asset growth than 48% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

43rd percentile

0.3%

Faster revenue growth than 43% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$4,249,641

Up $28,252 (+0.7%) from 2015

Net Assets

Up

$4,249,641

Up $31,926 (+0.8%) from 2015

Liabilities

Down

$0

Down $3,674 (-100%) from 2015

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin15th percentile

Revenue

Up

$330,404

Up $1,133 (+0.3%) from 2015

Expenses

Down

$398,975

Down $27,770 (-6.5%) from 2015

Net Income

Up

-$68,571

Up $28,903 (+30%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,887,343Liabilities 2010: $0Net Assets 2010: $2,887,3432010Assets 2011: $3,980,349Liabilities 2011: $0Net Assets 2011: $3,980,3492011Assets 2012: $4,288,050Liabilities 2012: $0Net Assets 2012: $4,288,0502012Assets 2013: $4,607,328Liabilities 2013: $335Net Assets 2013: $4,606,9932013Assets 2014: $4,602,652Liabilities 2014: $221Net Assets 2014: $4,602,4312014Assets 2015: $4,221,389Liabilities 2015: $3,674Net Assets 2015: $4,217,7152015Assets 2016: $4,249,641Liabilities 2016: $0Net Assets 2016: $4,249,6412016Assets 2017: $4,515,260Liabilities 2017: $339Net Assets 2017: $4,514,9212017Assets 2018: $3,895,975Liabilities 2018: $2,051Net Assets 2018: $3,893,9242018Assets 2019: $4,138,031Liabilities 2019: $14,650Net Assets 2019: $4,123,3812019Assets 2020: $4,101,604Liabilities 2020: $6,144Net Assets 2020: $4,095,4602020Assets 2021: $4,227,504Liabilities 2021: $2,997Net Assets 2021: $4,224,5072021Assets 2022: $3,117,469Liabilities 2022: $27,334Net Assets 2022: $3,090,1352022Assets 2023: $3,161,262Liabilities 2023: $27,389Net Assets 2023: $3,133,8732023Assets 2024: $3,270,528Liabilities 2024: $20,932Net Assets 2024: $3,249,5962024

Highlighted filing

2016

Assets$4,249,641
Liabilities$0
Net Assets$4,249,641
Open 2016 Filing

Operations Trend

Revenue Growth43rd percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $52,6782010Revenue 2011: $1,404,909Expenses 2011: $217,597Net Income 2011: $1,187,3122011Expenses 2012: $116,2072012Revenue 2013: $220,417Expenses 2013: $118,482Net Income 2013: $101,9352013Revenue 2014: $298,834Expenses 2014: $345,004Net Income 2014: -$46,1702014Revenue 2015: $329,271Expenses 2015: $426,745Net Income 2015: -$97,4742015Revenue 2016: $330,404Expenses 2016: $398,975Net Income 2016: -$68,5712016Revenue 2017: $435,745Expenses 2017: $518,554Net Income 2017: -$82,8092017Revenue 2018: $344,512Expenses 2018: $493,597Net Income 2018: -$149,0852018Revenue 2019: $296,421Expenses 2019: $657,114Net Income 2019: -$360,6932019Revenue 2020: $275,321Expenses 2020: $589,053Net Income 2020: -$313,7322020Revenue 2021: $299,080Expenses 2021: $528,149Net Income 2021: -$229,0692021Revenue 2022: $187,062Expenses 2022: $564,856Net Income 2022: -$377,7942022Revenue 2023: $114,312Expenses 2023: $491,937Net Income 2023: -$377,6252023Revenue 2024: $124,561Expenses 2024: $413,235Net Income 2024: -$288,6742024

Highlighted filing

2016

Revenue$330,404
Expenses$398,975
Net Income-$68,571
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 3, 2017
Return Version
2016v3.0
Gross Receipts
$1,715,874
Mission and Program Overview

Mission

To provide educational assistance grants to the children of massachusetts service members who have died in the war against terrorism while deployed on operations enduring freedom and iraqi freedom, or in other, future theaters of operation, and massachusetts employees of the cia who have died in such conflicts or theaters of operation. The mslf is specifically designed to grant funds for current and future educational assistance for children whose parent's home of record at the department of defense (dod) was massachusetts. Over the next 20+ years, the mslf is committed to dispersing educational assistance grants to the children of massachusetts based service members.

To provide educational assistance grants to the children of massachusetts service members who have died in the war against terrorism while deployed on operations enduring freedom and iraqi freedom, or in other, future theaters of operation, and massachusetts employees of the cia who have died in such conflicts or theaters of operation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,905,253$3,994,270▲ $89,017
Pledges and Grants Receivable$204,450$200,250▼ $4,200
Cash and Non-Interest-Bearing Accounts$92,284$44,272▼ $48,012
Savings and Temporary Cash Investments$12,731$9,568▼ $3,163
Prepaid Expenses and Deferred Charges$6,671$1,281▼ $5,390
Total Assets$4,221,389$4,249,641▲ $28,252
Liabilities
Accounts Payable and Accrued Expenses$3,674$0▼ $3,674
Total Liabilities$3,674$0▼ $3,674
Net Assets / Fund Balance
Unrestricted Net Assets$1,777,678$4,249,641▲ $2,471,963
Temporarily Rstr Net Assets$2,440,037$0▼ $2,440,037
Total Net Assets Fund Balance$4,217,715$4,249,641▲ $31,926
Total Liabilities and Net Assets / Fund Balance$4,221,389$4,249,641▲ $28,252
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Erica ZeigerDirectorFT$84,300$5,901$90,201

Board Members and Trustees

NameTitle
Eric KapitulikTrustee
Glenn MangurianTrustee
Peter G TrovatoTrustee
Robert T Hale JrTrustee
Ryan DurkinTrustee
Thomas JenningsTrustee
Timothy PinchTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$164,967
Program Service Revenue
$0
Investment Income
$165,437
Other Revenue
$0
All Other Contributions
$164,967
Change in Net Assets
$-68,571
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$253,852
Salaries, Compensation, and Employee Benefits$92,160
Other Expenses$52,963
Total Fundraising Expense$16,924
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$253,852--$253,852
Other Salaries and Wages$71,655$8,430$4,215$84,300
Advertising$1,878$10,178$917$12,973
Fees for Services Accounting-$12,725-$12,725
Occupancy$9,295$1,093$547$10,935
Payroll Taxes$6,681$786$393$7,860
Other Expenses--$2,935$2,935
Fees for Services Other$1,578$186$93$1,857
Office Expenses-$1,628-$1,628
Insurance-$1,075-$1,075
Travel-$1,011-$1,011
Total Functional Expenses$344,939$37,112$16,924$398,975
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The form 990 is prepared by the external auditors and reviewed by management and trustees responsible for 990 approval. Revisions, corrections, etc. Are made as necessary. Once these parties are satisfied with the form, it is finalized and filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“The organization has adopted a conflict of interest policy. All potential conflicts are evaluated by the board to determine if a conflict actually exists. In those instances where the potential transaction is a conflict, the board examines the transaction and a vote is taken, with those involved recusing themselves, as to whether the organization will enter into the transaction.”

Form 990, Part VI, Section B, Line 15

“Officer compensation is approved by the board of trustees.”

Form 990, Part VI, Section C, Line 19

“The organization makes it governing documents and financial statements available to the public upon request. The organization charges for the copies in accordance with irs regulations.”

Filing and Contact Details

Filer

Filer Name
Massachusetts Soldiers Legacy Fund
EIN
20-1909556
Phone
5086302382
Address
225 CEDAR HILL STREET NO 200, MARLBOROUGH, MA 01752

Signing Officer

Name
Peter G Trovato
Title
Trustee
Phone
5086302382
Signed
2017-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter G Trovato
Formed
2004
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
0

Preparer

Firm
Kahn Litwin Renza & Co Ltd
Address
800 SOUTH STREET SUITE 300, WALTHAM, MA 02453
Preparer
Deborah a Hopkins
Phone
7815478800
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from income tax as a public charity under section 501(c)(3) of the internal revenue code. Management believes that the organization operates in a manner consistent with its tax-exempt status at both the state and federal level. The organization annually files irs form 990- return or organization exempt from income tax, reporting various information that the irs uses to monitor the activities of tax exempt entities. The organization currently has no examinations in progress.”

Raw XML Appendix385 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03674
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE EDUCATIONAL ASSISTANCE GRANTS TO THE CHILDREN OF MASSACHUSETTS SERVICE MEMBERS WHO HAVE DIED IN THE WAR AGAINST TERRORISM WHILE DEPLOYED ON OPERATIONS ENDURING FREEDOM AND IRAQI FREEDOM, OR IN OTHER, FUTURE THEATERS OF OPERATION, AND MASSACHUSETTS EMPLOYEES OF THE CIA WHO HAVE DIED IN SUCH CONFLICTS OR THEATERS OF OPERATION.
IRS990/AdvertisingGrp/FundraisingAmt0917
IRS990/AdvertisingGrp/ManagementAndGeneralAmt010178
IRS990/AdvertisingGrp/ProgramServicesAmt01878
IRS990/AdvertisingGrp/TotalAmt012973
IRS990/AllOtherContributionsAmt0164967
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PETER G TROVATO
IRS990/BooksInCareOfDetail/PhoneNum05086302382
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0225 CEDAR HILL ST STE 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0MARLBOROUGH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001752
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt092284
IRS990/CashNonInterestBearingGrp/EOYAmt044272
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0164967
IRS990/CYGrantsAndSimilarPaidAmt0253852
IRS990/CYInvestmentIncomeAmt0165437
IRS990/CYOtherExpensesAmt052963
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-68571
IRS990/CYSalariesCompEmpBnftPaidAmt092160
IRS990/CYTotalExpensesAmt0398975
IRS990/CYTotalFundraisingExpenseAmt016924
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0330404
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0SINCE EARLY 2002, THERE HAVE BEEN OVER 100 DEATHS OF SERVICE MEMBERS WHOSE HOME OF RECORD AT THE DOD WAS MASSACHUSETTS.TO DATE, THERE HAVE BEEN 80 CHILDREN WHO HAVE LOST A PARENT WHOSE HOME OF RECORD WAS MASSACHUSETTS. THESE CHILDREN ARE ELIGIBLE TO RECEIVE EDUCATIONAL GRANTS FROM THE MSLF. CURRENTLY, THESE CHILDREN'S AGES RANGE FROM NEWBORN TO COLLEGE SENIOR. THE MSLF DISTRIBUTES GRANTS TO ELIGIBLE CHILDREN FOR PRE- AND POST-SECONDARY EDUCATION. DURING THE 2016 SCHOOL YEAR, ELIGIBLE CHILDREN RECEIVED EDUCATIONAL ASSISTANCE GRANTS; THE MSLF DISTRIBUTED A TOTAL OF $253,852 IN GRANTS FOR THE BENEFIT OF THESE CHILDREN.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0344939
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012725
IRS990/FeesForServicesAccountingGrp/TotalAmt012725
IRS990/FeesForServicesOtherGrp/FundraisingAmt093
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0186
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01578
IRS990/FeesForServicesOtherGrp/TotalAmt01857
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
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/OtherCompensationAmt75901
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT T HALE JR
IRS990/Form990PartVIISectionAGrp/PersonNm1GLENN MANGURIAN
IRS990/Form990PartVIISectionAGrp/PersonNm2ERIC KAPITULIK
IRS990/Form990PartVIISectionAGrp/PersonNm3PETER G TROVATO
IRS990/Form990PartVIISectionAGrp/PersonNm4THOMAS JENNINGS
IRS990/Form990PartVIISectionAGrp/PersonNm5TIMOTHY PINCH
IRS990/Form990PartVIISectionAGrp/PersonNm6RYAN DURKIN
IRS990/Form990PartVIISectionAGrp/PersonNm7ERICA ZEIGER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt784300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt072162
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt0253852
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0253852
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0253852
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01457632
IRS990/GrossReceiptsAmt01715874
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01075
IRS990/InsuranceGrp/TotalAmt01075
IRS990/InvestmentIncomeGrp/ExclusionAmt093275
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt093275
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03905253
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03994270
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01385470
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE EDUCATIONAL ASSISTANCE GRANTS TO THE CHILDREN OF MASSACHUSETTS SERVICE MEMBERS WHO HAVE DIED IN THE WAR AGAINST TERRORISM WHILE DEPLOYED ON OPERATIONS ENDURING FREEDOM AND IRAQI FREEDOM, OR IN OTHER, FUTURE THEATERS OF OPERATION, AND MASSACHUSETTS EMPLOYEES OF THE CIA WHO HAVE DIED IN SUCH CONFLICTS OR THEATERS OF OPERATION. THE MSLF IS SPECIFICALLY DESIGNED TO GRANT FUNDS FOR CURRENT AND FUTURE EDUCATIONAL ASSISTANCE FOR CHILDREN WHOSE PARENT'S HOME OF RECORD AT THE DEPARTMENT OF DEFENSE (DOD) WAS MASSACHUSETTS. OVER THE NEXT 20+ YEARS, THE MSLF IS COMMITTED TO DISPERSING EDUCATIONAL ASSISTANCE GRANTS TO THE CHILDREN OF MASSACHUSETTS BASED SERVICE MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04217715
IRS990/NetAssetsOrFundBalancesEOYAmt04249641
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt072162
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt072162
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0100497
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0547
IRS990/OccupancyGrp/ManagementAndGeneralAmt01093
IRS990/OccupancyGrp/ProgramServicesAmt09295
IRS990/OccupancyGrp/TotalAmt010935
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01628
IRS990/OfficeExpensesGrp/TotalAmt01628
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0EVENT CONSULTANTS
IRS990/OtherExpensesGrp/Desc1FUNDRAISING FEES
IRS990/OtherExpensesGrp/FundraisingAmt07824
IRS990/OtherExpensesGrp/FundraisingAmt12935
IRS990/OtherExpensesGrp/TotalAmt07824
IRS990/OtherExpensesGrp/TotalAmt12935
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04215
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08430
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt071655
IRS990/OtherSalariesAndWagesGrp/TotalAmt084300
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0393
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0786
IRS990/PayrollTaxesGrp/ProgramServicesAmt06681
IRS990/PayrollTaxesGrp/TotalAmt07860
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0204450
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0200250
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06671
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01281
IRS990/PrincipalOfficerNm0PETER G TROVATO
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt092358
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0298132
IRS990/PYInvestmentIncomeAmt0236913
IRS990/PYOtherExpensesAmt050629
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-97474
IRS990/PYSalariesCompEmpBnftPaidAmt077984
IRS990/PYTotalExpensesAmt0426745
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0329271
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-68571
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012731
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09568
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0164967
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt092358
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt067387
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt072603
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt091190
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0488505
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt095570
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0130730
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0127175
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0139112
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0138819
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0631406
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt033910
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.43620
IRS990ScheduleA/PublicSupportPY170Pct00.71030
IRS990ScheduleA/PublicSupportTotal170Amt0488505
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0164967
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt092358
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt067387
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt072603
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt091190
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0488505
IRS990ScheduleA/TotalSupportAmt01119911
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/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAX AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVEL. THE ORGANIZATION ANNUALLY FILES IRS FORM 990- RETURN OR ORGANIZATION EXEMPT FROM INCOME TAX, REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX EXEMPT ENTITIES. THE ORGANIZATION CURRENTLY HAS NO EXAMINATIONS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0253852
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EDUCATIONAL ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt047
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT AND TRUSTEES RESPONSIBLE FOR 990 APPROVAL. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. ONCE THESE PARTIES ARE SATISFIED WITH THE FORM, IT IS FINALIZED AND FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ADOPTED A CONFLICT OF INTEREST POLICY. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN, WITH THOSE INVOLVED RECUSING THEMSELVES, AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICER COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02440037
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04221389
IRS990/TotalAssetsEOYAmt04249641
IRS990/TotalAssetsGrp/BOYAmt04221389
IRS990/TotalAssetsGrp/EOYAmt04249641
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0164967
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt016924
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037112
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0344939
IRS990/TotalFunctionalExpensesGrp/TotalAmt0398975
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03674
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt03674
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04217715
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04249641
IRS990/TotalOtherCompensationAmt05901
IRS990/TotalProgramServiceExpensesAmt0344939
IRS990/TotalReportableCompFromOrgAmt084300
IRS990/TotalRevenueGrp/ExclusionAmt0165437
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0330404
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04221389
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04249641
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01011
IRS990/TravelGrp/TotalAmt01011
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01777678
IRS990/UnrestrictedNetAssetsGrp/EOYAmt04249641
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0225 CEDAR HILL STREET NO 200
IRS990/USAddress/CityNm0MARLBOROUGH
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001752
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.MSLFUND.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER G TROVATO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum05086302382
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASSACHUSETTS SOLDIERS LEGACY FUND
ReturnHeader/Filer/BusinessNameControlTxt0MASS
ReturnHeader/Filer/EIN0201909556
ReturnHeader/Filer/PhoneNum05086302382
ReturnHeader/Filer/USAddress/AddressLine1Txt0225 CEDAR HILL STREET NO 200
ReturnHeader/Filer/USAddress/CityNm0MARLBOROUGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001752
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C95A2D326C7779F55E6A931132851007C8E021ED
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.117.160.66
ReturnHeader/FilingSecurityInformation/IPDt02017-05-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm012:56:59
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050409384
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KAHN LITWIN RENZA & CO LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0800 SOUTH STREET SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WALTHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002453
ReturnHeader/PreparerPersonGrp/PhoneNum07815478800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEBORAH A HOPKINS
ReturnHeader/ReturnTs02017-05-10T15:52:21-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,249,641
Liabilities
$0
Net assets
$4,249,641
Revenue
$330,404
Expenses
$398,975
Net income
-$68,571
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.27$0.02$3.25$0.12$0.41$0.29
2023Detailed filing. Detailed filing data is available for this year.$3.16$0.03$3.13$0.11$0.49$0.38
2022Detailed filing. Detailed filing data is available for this year.$3.12$0.03$3.09$0.19$0.56$0.38
2021Detailed filing. Detailed filing data is available for this year.$4.23$0.00$4.22$0.30$0.53$0.23
2020Detailed filing. Detailed filing data is available for this year.$4.10$0.01$4.10$0.28$0.59$0.31
2019Detailed filing. Detailed filing data is available for this year.$4.14$0.01$4.12$0.30$0.66$0.36
2018Detailed filing. Detailed filing data is available for this year.$3.90$0.00$3.89$0.34$0.49$0.15
2017Detailed filing. Detailed filing data is available for this year.$4.52$0.00$4.51$0.44$0.52$0.08
2016Detailed filing. Detailed filing data is available for this year.$4.25$0.00$4.25$0.33$0.40$0.07
2015Detailed filing. Detailed filing data is available for this year.$4.22$0.00$4.22$0.33$0.43$0.10
2014Detailed filing. Detailed filing data is available for this year.$4.60$0.00$4.60$0.30$0.35$0.05
2013Detailed filing. Detailed filing data is available for this year.$4.61$0.00$4.61$0.22$0.12$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.29$0.00$4.29$0.12
2011Summary only. Only limited summary data is available for this year.$3.98$0.00$3.98$1.40$0.22$1.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$0.00$2.89$0.05