Civic Intelligence

Advocates Properties Inc

EIN 22-2473987 • 501(c)3 • Framingham, MA

Profile

To provide community residences for low income individuals with disabilities.

1881 Worcester RoadFramingham, MA 01701

n/A

Siviq Scores

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

Liabilities / Assets

96th percentile

1.80x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

1.80x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

16th percentile

-41%

Higher net margin than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

63rd percentile

5.3%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

-6.7%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$72,170

Up $3,665 (+5.3%) from 2023

Liabilities

Up

$130,140

Up $33,127 (+34%) from 2023

Net Assets

Down

-$57,970

Down $29,462 (-103%) from 2023

Revenue

Down

$72,124

Down $5,177 (-6.7%) from 2023

Expenses

Down

$101,586

Down $32,002 (-24%) from 2023

Net Income

Up

-$29,462

Up $26,825 (+48%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2011: $365,209Liabilities 2011: $28,9482011Assets 2012: $345,286Liabilities 2012: $21,5772012Assets 2013: $338,067Liabilities 2013: $19,5342013Assets 2014: $322,371Liabilities 2014: $20,5952014Assets 2015: $309,385Liabilities 2015: $97,3452015Assets 2016: $282,134Liabilities 2016: $83,7002016Assets 2017: $196,875Liabilities 2017: $16,3022017Assets 2018: $179,577Liabilities 2018: $15,8532018Assets 2019: $162,828Liabilities 2019: $22,1142019Assets 2020: $141,561Liabilities 2020: $36,068Net Assets 2020: $105,4932020Assets 2021: $117,529Liabilities 2021: $51,638Net Assets 2021: $65,8912021Assets 2022: $87,668Liabilities 2022: $59,889Net Assets 2022: $27,7792022Assets 2023: $68,505Liabilities 2023: $97,013Net Assets 2023: -$28,5082023Assets 2024: $72,170Liabilities 2024: $130,140Net Assets 2024: -$57,9702024

Highlighted filing

2024

Assets$72,170
Liabilities$130,140
Net Assets-$57,970

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $88,559Expenses 2011: $115,388Net Income 2011: -$26,8292011Revenue 2012: $89,266Expenses 2012: $101,818Net Income 2012: -$12,5522012Revenue 2013: $91,526Expenses 2013: $96,702Net Income 2013: -$5,1762013Revenue 2014: $87,642Expenses 2014: $104,399Net Income 2014: -$16,7572014Revenue 2015: $82,341Expenses 2015: $172,077Net Income 2015: -$89,7362015Revenue 2016: $83,777Expenses 2016: $97,383Net Income 2016: -$13,6062016Revenue 2017: $85,687Expenses 2017: $103,548Net Income 2017: -$17,8612017Revenue 2018: $89,275Expenses 2018: $106,124Net Income 2018: -$16,8492018Revenue 2019: $86,736Expenses 2019: $109,746Net Income 2019: -$23,0102019Revenue 2020: $78,328Expenses 2020: $113,549Net Income 2020: -$35,2212020Revenue 2021: $94,140Expenses 2021: $133,742Net Income 2021: -$39,6022021Revenue 2022: $81,152Expenses 2022: $119,264Net Income 2022: -$38,1122022Revenue 2023: $77,301Expenses 2023: $133,588Net Income 2023: -$56,2872023Revenue 2024: $72,124Expenses 2024: $101,586Net Income 2024: -$29,4622024

Highlighted filing

2024

Revenue$72,124
Expenses$101,586
Net Income-$29,462

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.72$1.30$0.58$0.72$1.02$0.29
2023Detailed filing. Detailed filing data is available for this year.$0.69$0.97$0.29$0.77$1.34$0.56
2022Detailed filing. Detailed filing data is available for this year.$0.88$0.60$0.28$0.81$1.19$0.38
2021Detailed filing. Detailed filing data is available for this year.$1.18$0.52$0.66$0.94$1.34$0.40
2020Detailed filing. Detailed filing data is available for this year.$1.42$0.36$1.05$0.78$1.14$0.35
2019Summary only. Only limited summary data is available for this year.$1.63$0.22$0.87$1.10$0.23
2018Summary only. Only limited summary data is available for this year.$1.80$0.16$0.89$1.06$0.17
2017Summary only. Only limited summary data is available for this year.$1.97$0.16$0.86$1.04$0.18
2016Summary only. Only limited summary data is available for this year.$2.82$0.84$0.84$0.97$0.14
2015Summary only. Only limited summary data is available for this year.$3.09$0.97$0.82$1.72$0.90
2014Summary only. Only limited summary data is available for this year.$3.22$0.21$0.88$1.04$0.17
2013Summary only. Only limited summary data is available for this year.$3.38$0.20$0.92$0.97$0.05
2012Summary only. Only limited summary data is available for this year.$3.45$0.22$0.89$1.02$0.13
2011Summary only. Only limited summary data is available for this year.$3.65$0.29$0.89$1.15$0.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$72,124
Mission and Program Overview

Mission

To provide community residences for low income individuals with disabilities.

Program Services

DescriptionGrantsExpenses
PROVIDED COMMUNITY RESIDENCES FOR EIGHT INDIVIDUALS WITH DISABILITIES$0$88,266
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DANIEL M WEIRVice Chair/Director-$0--
JESSICA KEMPPresident/Chair/Director-$0--
MICHAEL SHERIDANTreasurer/Director-$0--
PATRICIA VINTER UNTIL 524Vice Chair/Director-$0--
CHRISTINE HUBBARDClerk/Director-$0--
Filing and Contact Details

Filer

Filer Name
Advocates Properties Inc
EIN
22-2473987
Phone
5086286300
Address
1881 WORCESTER ROAD, FRAMINGHAM, MA 01701

Signing Officer

Name
Keith Neal
Title
CFO
Phone
5086286300
Signed
2025-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Cbiz Advisors LLC
Address
53 STATE STREET 17TH FLOOR, BOSTON, MA 02109
Preparer
Brenda L Booth
Phone
6178075000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 82.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: insurance. Amount: 7,768. Description: payments and fees. Amount: 328. Description: equip. Rental & maint.. Amount: 1,499. Description: supplies. Amount: 270. Description: misc. Expenses. Amount: 61. Total to form 990-ez, line 16: 9,926.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 119. End of year amount: 5,439.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 83,589. End of year amount: 117,017. Description: accrued expenses. Beg. Of year amount: 5,281. End of year amount: 4,802. Description: funds held in trust. Beg. Of year amount: 1,475. End of year amount: 1,653. Description: due to affiliates. Beg. Of year amount: 6,668. End of year amount: 6,668.

Raw XML Appendix175 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 82.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INSURANCE. AMOUNT: 7,768. DESCRIPTION: PAYMENTS AND FEES. AMOUNT: 328. DESCRIPTION: EQUIP. RENTAL & MAINT.. AMOUNT: 1,499. DESCRIPTION: SUPPLIES. AMOUNT: 270. DESCRIPTION: MISC. EXPENSES. AMOUNT: 61. TOTAL TO FORM 990-EZ, LINE 16: 9,926.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 119. END OF YEAR AMOUNT: 5,439.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 83,589. END OF YEAR AMOUNT: 117,017. DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 5,281. END OF YEAR AMOUNT: 4,802. DESCRIPTION: FUNDS HELD IN TRUST. BEG. OF YEAR AMOUNT: 1,475. END OF YEAR AMOUNT: 1,653. DESCRIPTION: DUE TO AFFILIATES. BEG. OF YEAR AMOUNT: 6,668. END OF YEAR AMOUNT: 6,668.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEITH NEAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum05086286300
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ADVOCATES PROPERTIES INC
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ReturnHeader/Filer/EIN0222473987
ReturnHeader/Filer/PhoneNum05086286300
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ReturnHeader/Filer/USAddress/CityNm0FRAMINGHAM
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOSTON
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ReturnHeader/PreparerPersonGrp/PhoneNum06178075000
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRENDA L BOOTH
ReturnHeader/ReturnTs02025-05-15T07:55:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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