Civic Intelligence

Boston Main Streets Foundation

990 • Fiscal year 2016 • EIN 20-3510157

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 09, 2016

Organization ProfileWWW.BMSFOUNDATION.ORG
136 Brookline AvenueBoston, MA 02215

(617) 247-3434

Siviq Scores

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

Liabilities / Assets

69th percentile

0.03x

Higher debt load relative to assets than 69% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

3.09x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

1st percentile

-5207%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

13th percentile

-36%

Faster asset growth than 13% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

2nd percentile

-98%

Faster revenue growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$473,277

Down $266,734 (-36%) from 2015

Net Assets

Down

$458,607

Down $247,380 (-35%) from 2015

Liabilities

Down

$14,670

Down $19,354 (-57%) from 2015

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin1st percentile

Revenue

Down

$4,751

Down $216,226 (-98%) from 2015

Expenses

Up

$252,131

Up $150,570 (+148%) from 2015

Net Income

Down

-$247,380

Down $366,796 (-307%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$1.0M$500K$0Assets 2010: $646,488Liabilities 2010: $8,415Net Assets 2010: $638,0732010Assets 2011: $269,815Liabilities 2011: $8,2502011Assets 2012: $143,221Liabilities 2012: $4,011Net Assets 2012: $139,2102012Assets 2013: $278,178Liabilities 2013: $4,126Net Assets 2013: $274,0522013Assets 2014: $626,879Liabilities 2014: $40,308Net Assets 2014: $586,5712014Assets 2015: $740,011Liabilities 2015: $34,024Net Assets 2015: $705,9872015Assets 2016: $473,277Liabilities 2016: $14,670Net Assets 2016: $458,6072016Assets 2017: $383,537Liabilities 2017: $23,199Net Assets 2017: $360,3382017Assets 2018: $779,077Liabilities 2018: $36,902Net Assets 2018: $742,1752018Assets 2019: $807,736Liabilities 2019: $53,869Net Assets 2019: $753,8672019Assets 2020: $577,598Liabilities 2020: $16,900Net Assets 2020: $560,6982020Assets 2021: $368,945Liabilities 2021: $63,700Net Assets 2021: $305,2452021Assets 2022: $571,351Liabilities 2022: $42,362Net Assets 2022: $528,9892022Assets 2023: $538,847Liabilities 2023: $62,750Net Assets 2023: $476,0972023Assets 2024: $598,577Liabilities 2024: $20,165Net Assets 2024: $578,4122024

Highlighted filing

2016

Assets$473,277
Liabilities$14,670
Net Assets$458,607
Open 2016 Filing

Operations Trend

Revenue Growth2nd percentile

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

$1.0M$500K$0-$500KRevenue 2010: $147,530Expenses 2010: $254,359Net Income 2010: -$106,8292010Revenue 2011: $155,273Expenses 2011: $531,781Net Income 2011: -$376,5082011Expenses 2012: $450,2752012Expenses 2013: $129,8342013Revenue 2014: $435,463Expenses 2014: $122,944Net Income 2014: $312,5192014Revenue 2015: $220,977Expenses 2015: $101,561Net Income 2015: $119,4162015Revenue 2016: $4,751Expenses 2016: $252,131Net Income 2016: -$247,3802016Revenue 2017: $2,063Expenses 2017: $100,332Net Income 2017: -$98,2692017Revenue 2018: $527,278Expenses 2018: $145,441Net Income 2018: $381,8372018Revenue 2019: $205,046Expenses 2019: $193,354Net Income 2019: $11,6922019Revenue 2020: $428,930Expenses 2020: $622,099Net Income 2020: -$193,1692020Revenue 2021: $53,835Expenses 2021: $309,288Net Income 2021: -$255,4532021Revenue 2022: $405,557Expenses 2022: $181,813Net Income 2022: $223,7442022Revenue 2023: $491,594Expenses 2023: $544,486Net Income 2023: -$52,8922023Revenue 2024: $602,868Expenses 2024: $500,553Net Income 2024: $102,3152024

Highlighted filing

2016

Revenue$4,751
Expenses$252,131
Net Income-$247,380
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 9, 2016
Return Version
2015v2.1
Gross Receipts
$4,751
Mission and Program Overview

Mission

To revitalize city of boston neighborhood main streets.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$557,042$473,277▼ $83,765
Pledges and Grants Receivable$177,000$0▼ $177,000
Investments Other Securities$5,959$0▼ $5,959
Total Assets$740,011$473,277▼ $266,734
Other Assets Total$10$0▼ $10
Liabilities
Grants Payable$24,465$7,500▼ $16,965
Accounts Payable and Accrued Expenses$9,540$7,170▼ $2,370
Other Liabilities$19$0▼ $19
Total Liabilities$34,024$14,670▼ $19,354
Net Assets / Fund Balance
Unrestricted Net Assets$705,987$458,607▼ $247,380
Total Net Assets Fund Balance$705,987$458,607▼ $247,380
Total Liabilities and Net Assets / Fund Balance$740,011$473,277▼ $266,734
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Joel SklarChairman
Rafael CarobonellDeputy Director
Stephen GilmanProgram Director
Adam WeinerTrustee
Anna ColtonTrustee
Chris GedrichTrustee
Esmael AnsariTrustee
Geri DenterleinTrustee
Jennifer EffronTrustee
Karl SeidmanTrustee
Sheila a DillonTrustee
Ted TyeTrustee
Daniel E RottenbergSecretary
Burton R GessermanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$2,237
Other Revenue
$2,514
Change in Net Assets
$-247,380

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,237
Revenue Not Reported on Financial Statements
$2,514
Revenue Not Reported on Form 990
$12,000
Other Revenue Adjustments
$2,514
Total Revenue per Audited Statements
$14,237
Total Revenue per Form 990
$4,751
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$135,000
Other Expenses$117,131
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$135,000--$135,000
Advertising-$76,275-$76,275
Fees for Services Accounting-$2,400-$2,400
Insurance-$800-$800
Other Expenses$37,500$98-$98
Fees for Service Investment Mgmnt Fees-$58-$58
Total Functional Expenses$172,500$79,631$0$252,131

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$261,617
Total Expenses per Form 990$252,131
Expenses per Audited Statements$249,617
Expenses Not Reported on Form 990$12,000
Expenses Not Reported on Financial Statements$2,514
Other Expense Adjustments$2,514
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greater Grove Hall Main Streets Inc-501(c)(3)To Revitalize City of Boston Neighborhood Main Streets$30,000
ST MARK'S AREA MAIN STREET INC-501(c)(3)To Revitalize City of Boston Neighborhood Main Streets$30,000
Allston Village Main Streets Inc-501(c)(3)To Revitalize City of Boston Neighborhood Main Streets$25,000
Egleston Square Main Streets Inc-501(c)(3)To Revitalize City of Boston Neighborhood Main Streets$15,000
Fields Corner Main Street Inc-501(c)(3)To Revitalize City of Boston Neighborhood Main Streets$15,000
Brighton Main Streets Inc-501(c)(3)To Revitalize City of Boston Neighborhood Main Streets$5,000
East Boston Main Streets-501(c)(3)To Revitalize City of Boston Neighborhood Main Streets$5,000
Hyde Park Main Streets Inc-501(c)(3)To Revitalize City of Boston Neighborhood Main Streets$5,000
Washington Gateway Main Street Inc-501(c)(3)To Revitalize City of Boston Neighborhood Main Streets$5,000
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
No
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
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 B, Line 11

“The document is distributed to the board of directors via e-mail for review and comments.”

Form 990, Part VI, Section C, Line 19

“UPON WRITTEN REQUEST”

Filing and Contact Details

Filer

Filer Name
Boston Main Streets Foundation
EIN
20-3510157
Phone
6172473434
Address
136 BROOKLINE AVENUE, BOSTON, MA 02215

Signing Officer

Name
Joel Sklar
Title
Chairman
Phone
6172473434
Signed
2016-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joel Sklar
Formed
2005
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
O'CONNOR & DREW PC
Address
25 BRAINTREE HILL OFC PK SUITE 102, BRAINTREE, MA 02184
Preparer
Steven J Cohen
Phone
6174711120
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has a committee whose purpose is the oversight and review of the financial statements audited by an independent accountant. The process has not changed from prior years.”

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states require an entity to assess the probability that a tax position has a "more likely than not" (mltn) sustainability after review by tax authorities. If a tax position is deemed not to meet this threshold, any unrecognized tax benefits and costs are estimated and recognized. Tax returns are routinely open for review by the tax authorities for three years from their due date. In certain circumstances, the statute of limitations may remain open indefinitely. As a not-for-profit entity exempt from income taxes, the foundation may, however, be subject to tax on unrelated business income. The foundation has been notified by the internal revenue service that it meets the qualifications to be classified as a tax exempt entity under section 501(c)(3) of the internal revenue code. In addition, the foundation has been determined by the internal revenue service not to be a "private foundation" within the meaning of section 509(a) of the internal revenue code.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“OTHER INCOME”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“OTHER EXPENSES”

Raw XML AppendixShowing 400 of 449 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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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02514
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02514
IRS990/OtherRevenueTotalAmt02514
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0177000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOEL SKLAR
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0220301
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt046965
IRS990/PYInvestmentIncomeAmt0676
IRS990/PYOtherExpensesAmt054596
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0119416
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0101561
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0220977
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-247380
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0220301
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0435000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0264500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0327777
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01247578
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02237
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0676
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0463
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0176
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0143
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03695
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99700
IRS990ScheduleA/PublicSupportPY170Pct00.99880
IRS990ScheduleA/PublicSupportTotal170Amt01247578
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0220301
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0435000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0264500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0327777
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01247578
IRS990ScheduleA/TotalSupportAmt01251273
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt012000
IRS990ScheduleD/DonatedServicesUseFcltsAmt012000
IRS990ScheduleD/ExpensesNotReportedAmt012000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt02514
IRS990ScheduleD/ExpensesSubtotalAmt0249617
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesNotIncludedAmt02514
IRS990ScheduleD/OtherRevenuesNotIncludedAmt02514
IRS990ScheduleD/RevenueNotReportedAmt012000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt02514
IRS990ScheduleD/RevenueSubtotalAmt02237
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT" (MLTN) SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES, THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES, THE FOUNDATION MAY, HOWEVER, BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. THE FOUNDATION HAS BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT IT MEETS THE QUALIFICATIONS TO BE CLASSIFIED AS A TAX EXEMPT ENTITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1OTHER INCOME
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2OTHER EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0252131
IRS990ScheduleD/TotalRevenuePerForm990Amt04751
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014237
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0261617
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt015000
IRS990ScheduleI/RecipientTable/CashGrantAmt130000
IRS990ScheduleI/RecipientTable/CashGrantAmt230000
IRS990ScheduleI/RecipientTable/CashGrantAmt325000
IRS990ScheduleI/RecipientTable/CashGrantAmt415000
IRS990ScheduleI/RecipientTable/CashGrantAmt55000
IRS990ScheduleI/RecipientTable/CashGrantAmt65000
IRS990ScheduleI/RecipientTable/CashGrantAmt75000
IRS990ScheduleI/RecipientTable/CashGrantAmt85000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FIELDS CORNER MAIN STREET INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GREATER GROVE HALL MAIN STREETS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ST MARK'S AREA MAIN STREET INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3ALLSTON VILLAGE MAIN STREETS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4EGLESTON SQUARE MAIN STREETS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5BRIGHTON MAIN STREETS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6EAST BOSTON MAIN STREETS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7HYDE PARK MAIN STREETS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8WASHINGTON GATEWAY MAIN STREET INC
IRS990ScheduleI/RecipientTable/RecipientEIN0043503663
IRS990ScheduleI/RecipientTable/RecipientEIN1260699697
IRS990ScheduleI/RecipientTable/RecipientEIN2043491809
IRS990ScheduleI/RecipientTable/RecipientEIN3043340511
IRS990ScheduleI/RecipientTable/RecipientEIN4043323579
IRS990ScheduleI/RecipientTable/RecipientEIN5043407004
IRS990ScheduleI/RecipientTable/RecipientEIN6043287639
IRS990ScheduleI/RecipientTable/RecipientEIN7043285976
IRS990ScheduleI/RecipientTable/RecipientEIN8043390412
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE BOARD REQUESTS PROGRESS REPORTS FROM THE MAIN STREET DISTRICTS WHO RECEIVED THE GRANTS. SUBSEQUENT GRANTS CANNOT BE MADE IF THE CURRENT GRANT PROGRAM HAS NOT BEEN COMPLETED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt09
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DOCUMENT IS DISTRIBUTED TO THE BOARD OF DIRECTORS VIA E-MAIL FOR REVIEW AND COMMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A COMMITTEE WHOSE PURPOSE IS THE OVERSIGHT AND REVIEW OF THE FINANCIAL STATEMENTS AUDITED BY AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0740011
IRS990/TotalAssetsEOYAmt0473277
IRS990/TotalAssetsGrp/BOYAmt0740011
IRS990/TotalAssetsGrp/EOYAmt0473277
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt079631
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0172500
IRS990/TotalFunctionalExpensesGrp/TotalAmt0252131
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034024
IRS990/TotalLiabilitiesEOYAmt014670
IRS990/TotalLiabilitiesGrp/BOYAmt034024
IRS990/TotalLiabilitiesGrp/EOYAmt014670
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0705987
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0458607
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0172500
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02237

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$473,277
Liabilities
$14,670
Net assets
$458,607
Revenue
$4,751
Expenses
$252,131
Net income
-$247,380
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.99$0.20$5.78$6.03$5.01$1.02
2023Detailed filing. Detailed filing data is available for this year.$5.39$0.63$4.76$4.92$5.44$0.53
2022Detailed filing. Detailed filing data is available for this year.$5.71$0.42$5.29$4.06$1.82$2.24
2021Detailed filing. Detailed filing data is available for this year.$3.69$0.64$3.05$0.54$3.09$2.55
2020Detailed filing. Detailed filing data is available for this year.$5.78$0.17$5.61$4.29$6.22$1.93
2019Detailed filing. Detailed filing data is available for this year.$8.08$0.54$7.54$2.05$1.93$0.12
2018Detailed filing. Detailed filing data is available for this year.$7.79$0.37$7.42$5.27$1.45$3.82
2017Detailed filing. Detailed filing data is available for this year.$3.84$0.23$3.60$0.02$1.00$0.98
2016Detailed filing. Detailed filing data is available for this year.$4.73$0.15$4.59$0.05$2.52$2.47
2015Detailed filing. Detailed filing data is available for this year.$7.40$0.34$7.06$2.21$1.02$1.19
2014Detailed filing. Detailed filing data is available for this year.$6.27$0.40$5.87$4.35$1.23$3.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.78$0.04$2.74$1.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.04$1.39$4.50
2011Summary only. Only limited summary data is available for this year.$2.70$0.08$1.55$5.32$3.77
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.46$0.08$6.38$1.48$2.54$1.07