Civic Intelligence

Boston Main Streets Foundation

990 • Fiscal year 2020 • EIN 20-3510157

Jul 01, 2019 to Jun 30, 2020 • Filed on May 03, 2021

Organization ProfileBOSTONMAINSTREETS.ORG/FOUNDATION
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

46th percentile

0.03x

Higher debt load relative to assets than 46% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

46th percentile

0.04x

Higher debt load relative to revenue than 46% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

9th percentile

-45%

Higher net margin than 9% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

4th percentile

-28%

Faster asset growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

109%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$577,598

Down $230,138 (-28%) from 2019

Net Assets

Down

$560,698

Down $193,169 (-26%) from 2019

Liabilities

Down

$16,900

Down $36,969 (-69%) from 2019

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin9th percentile

Revenue

Up

$428,930

Up $223,884 (+109%) from 2019

Expenses

Up

$622,099

Up $428,745 (+222%) from 2019

Net Income

Down

-$193,169

Down $204,861 (-1752%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth4th 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

2020

Assets$577,598
Liabilities$16,900
Net Assets$560,698
Open 2020 Filing

Operations Trend

Revenue Growth93rd 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

2020

Revenue$428,930
Expenses$622,099
Net Income-$193,169
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 3, 2021
Return Version
2019v5.2
Gross Receipts
$428,930
Mission and Program Overview

Mission

To revitalize city of boston neighborhood main streets.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$553,736$562,922▲ $9,186
Pledges and Grants Receivable$60,000$0▼ $60,000
Cash and Non-Interest-Bearing Accounts$194,000$14,676▼ $179,324
Total Assets$807,736$577,598▼ $230,138
Liabilities
Accounts Payable and Accrued Expenses$53,869$16,900▼ $36,969
Total Liabilities$53,869$16,900▼ $36,969
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$498,589$394,145▼ $104,444
Net Assets With Donor Restrictions$255,278$166,553▼ $88,725
Total Net Assets Fund Balance$753,867$560,698▼ $193,169
Total Liabilities and Net Assets / Fund Balance$807,736$577,598▼ $230,138
Compensation and Service Providers
Top Officer Pay51st percentile

Board Members and Trustees

NameTitle
Joel SklarChairman
Aidan McdonoughTrustee
Alia Hamada Forrest - Thru 123119Trustee
Ben StarrTrustee
Chris GedrichTrustee
Ed GaskinTrustee
Ellen HandlyTrustee
Geri DenterleinTrustee
Gustavo QuirogaTrustee
Jayda Leder-luisTrustee
Karl SeidmanTrustee
Ken MorrisTrustee
Phillipe SaadTrustee
Roy HirshlandTrustee
Daniel E RottenbergClerk
Burton R GessermanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$413,180
Program Service Revenue
$7,437
Investment Income
$8,313
Other Revenue
$0
All Other Contributions
$413,180
Change in Net Assets
$-193,169

Audited Revenue Reconciliation

Revenue per Audited Statements
$428,930
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,288
Total Revenue per Audited Statements
$430,218
Total Revenue per Form 990
$428,930
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$553,223
Other Expenses$64,424
Professional Fundraising Fees$4,452
Total Fundraising Expense$4,452
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$553,223--$553,223
Information Technology$51,670--$51,670
Fees for Services Accounting-$6,900-$6,900
Insurance-$5,508-$5,508
Fees for Services Professional Fundraising--$4,452$4,452
Office Expenses-$346-$346
Total Functional Expenses$604,893$12,754$4,452$622,099

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$623,387
Expenses per Audited Statements$622,099
Total Expenses per Form 990$622,099
Expenses Not Reported on Form 990$1,288
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greater Ashmont Main Street-501(c)(3)To Revitalize City of Boston Neighborhood Main Streets$5,000
Greater Grove Hall Main Streets-501(c)(3)To Revitalize City of Boston Neighborhood Main Streets$5,000
Hyde Jackson Square Main Street-501(c)(3)To Revitalize City of Boston Neighborhood Main Streets$5,000
Hyde Park Main Street-501(c)(3)To Revitalize City of Boston Neighborhood Main Streets$5,000
Uphams Corner Main Steet-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$4,452
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
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 11B

“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
Burton R Gesserman
Title
Treasurer
Phone
6172473434
Signed
2021-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Burton R Gesserman
Formed
2005
Legal Domicile
Ma
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
16

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 III, 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:

“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. As a not-for-profit entity exempt from income taxes, the foundation may, however, be subject to tax on unrelated business income. Accounting principles generally accepted in the united states of america require an entity to assess the probability that a tax position has a "more likely than not" 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.”

Raw XML AppendixShowing 400 of 460 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/BOYAmt053869
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016900
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS.
IRS990/AllOtherContributionsAmt0413180
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0BURT GESSERMAN TREASURER
IRS990/BooksInCareOfDetail/PhoneNum07817026325
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 STATION DRIVE SUITE 250
IRS990/BooksInCareOfDetail/USAddress/CityNm0WESTWOOD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002090
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0194000
IRS990/CashNonInterestBearingGrp/EOYAmt014676
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0413180
IRS990/CYGrantsAndSimilarPaidAmt0553223
IRS990/CYInvestmentIncomeAmt08313
IRS990/CYOtherExpensesAmt064424
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt07437
IRS990/CYRevenuesLessExpensesAmt0-193169
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0622099
IRS990/CYTotalFundraisingExpenseAmt04452
IRS990/CYTotalProfFndrsngExpnsAmt04452
IRS990/CYTotalRevenueAmt0428930
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0CITY OF BOSTON SMALL BUSINESS RELIEF GRANTS USED TO SUPPORT THE WORK OF LOCAL, INDEPENDENT CITY OF BOSTON MAIN STREETS NEIGHBORHOOD 501(C)(3) CORPORATIONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0255278
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0166553
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0250000
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06900
IRS990/FeesForServicesAccountingGrp/TotalAmt06900
IRS990/FeesForServicesProfFundraising/FundraisingAmt04452
IRS990/FeesForServicesProfFundraising/TotalAmt04452
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0JOEL SKLAR
IRS990/Form990PartVIISectionAGrp/PersonNm1BURTON R GESSERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2DANIEL E ROTTENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm3GERI DENTERLEIN
IRS990/Form990PartVIISectionAGrp/PersonNm4ALIA HAMADA FORREST - THRU 123119
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRIS GEDRICH
IRS990/Form990PartVIISectionAGrp/PersonNm6KARL SEIDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7KEN MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm8JAYDA LEDER-LUIS
IRS990/Form990PartVIISectionAGrp/PersonNm9ELLEN HANDLY
IRS990/Form990PartVIISectionAGrp/PersonNm10PHILLIPE SAAD
IRS990/Form990PartVIISectionAGrp/PersonNm11BEN STARR
IRS990/Form990PartVIISectionAGrp/PersonNm12ROY HIRSHLAND
IRS990/Form990PartVIISectionAGrp/PersonNm13AIDAN MCDONOUGH
IRS990/Form990PartVIISectionAGrp/PersonNm14GUSTAVO QUIROGA
IRS990/Form990PartVIISectionAGrp/PersonNm15ED GASKIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt0250000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0553223
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0553223
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0428930
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt051670
IRS990/InformationTechnologyGrp/TotalAmt051670
IRS990/InsuranceGrp/ManagementAndGeneralAmt05508
IRS990/InsuranceGrp/TotalAmt05508
IRS990/InvestmentIncomeGrp/ExclusionAmt08313
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08313
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0753867
IRS990/NetAssetsOrFundBalancesEOYAmt0560698
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0498589
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0394145
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0346
IRS990/OfficeExpensesGrp/TotalAmt0346
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt060000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BURTON R GESSERMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CHALLENGE GRANT REFUND
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07437
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07437
IRS990/ProgSrvcAccomActy2Grp/Desc0COVID-19 EMERGENCY RESPONSE FUND USED TO SUPPORT THE WORK OF LOCAL, INDEPENDENT CITY OF BOSTON MAIN STREETS NEIGHBORHOOD 501(C)(3) CORPORATIONS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0182000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0182000
IRS990/ProgSrvcAccomActy3Grp/Desc0INNOVATION GRANT USED TO SUPPORT THE WORK OF LOCAL, INDEPENDENT CITY OF BOSTON MAIN STREETS NEIGHBORHOOD 501(C)(3) CORPORATIONS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt032500
IRS990/ProgSrvcAccomActy3Grp/GrantAmt032500
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt07437
IRS990/ProgSrvcAccomActyOtherGrp/Desc0WEBSITE DEVELOPMENT
IRS990/ProgSrvcAccomActyOtherGrp/Desc1CITIZENS TECHNOLOGY GRANTS
IRS990/ProgSrvcAccomActyOtherGrp/Desc2BANK OF AMERICA RESTRICTED GRANTS
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt051669
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt162697
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt226027
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt062697
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt126027
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0200000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0130017
IRS990/PYInvestmentIncomeAmt05046
IRS990/PYOtherExpensesAmt057822
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt011692
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0193354
IRS990/PYTotalProfFndrsngExpnsAmt05515
IRS990/PYTotalRevenueAmt0205046
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-193169
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0553736
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0562922
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0413180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0200000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0525215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01138395
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08313
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05046
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02063
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02063
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02237
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt019722
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98310
IRS990ScheduleA/PublicSupportPY170Pct00.98740
IRS990ScheduleA/PublicSupportTotal170Amt01145832
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt07437
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt07437
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0420617
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0200000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0525215
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01145832
IRS990ScheduleA/TotalSupportAmt01165554
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/DonatedServicesAndUseFcltsAmt01288
IRS990ScheduleD/DonatedServicesUseFcltsAmt01288
IRS990ScheduleD/ExpensesNotReportedAmt01288
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0622099
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt01288
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0428930
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES, THE FOUNDATION MAY, HOWEVER, BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT" 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0622099
IRS990ScheduleD/TotalRevenuePerForm990Amt0428930
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0430218
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0623387
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt05000
IRS990ScheduleI/RecipientTable/CashGrantAmt15000
IRS990ScheduleI/RecipientTable/CashGrantAmt25000
IRS990ScheduleI/RecipientTable/CashGrantAmt35000
IRS990ScheduleI/RecipientTable/CashGrantAmt45000
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/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/RecipientBusinessName/BusinessNameLine1Txt0UPHAMS CORNER MAIN STEET
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GREATER ASHMONT MAIN STREET
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2HYDE PARK MAIN STREET
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3HYDE JACKSON SQUARE MAIN STREET
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4GREATER GROVE HALL MAIN STREETS
IRS990ScheduleI/RecipientTable/RecipientEIN0043344542
IRS990ScheduleI/RecipientTable/RecipientEIN1043491809
IRS990ScheduleI/RecipientTable/RecipientEIN2043285976
IRS990ScheduleI/RecipientTable/RecipientEIN3000606624
IRS990ScheduleI/RecipientTable/RecipientEIN4000957990
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/Total501c3OrgCnt05
IRS990ScheduleI/TotalOtherOrgCnt00
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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART III, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0807736
IRS990/TotalAssetsEOYAmt0577598
IRS990/TotalAssetsGrp/BOYAmt0807736
IRS990/TotalAssetsGrp/EOYAmt0577598
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0413180
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04452
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012754
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0604893
IRS990/TotalFunctionalExpensesGrp/TotalAmt0622099
IRS990/TotalGrossUBIAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$577,598
Liabilities
$16,900
Net assets
$560,698
Revenue
$428,930
Expenses
$622,099
Net income
-$193,169
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