Civic Intelligence

East Boston K Trust

990EZ • Fiscal year 2020 • EIN 22-2893493

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 22, 2021

Organization ProfileN/A
C/O Magoon 264 Bennington StEast Boston, MA 02128

(617) 569-0175

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

97th percentile

92%

Higher net margin than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

66th percentile

19%

Faster asset growth than 66% of similar nonprofits.

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

Revenue Growth

80th percentile

22%

Faster revenue growth than 80% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$161,415

Up $25,650 (+19%) from 2019

Net Assets

Up

$161,415

Up $25,650 (+19%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin97th percentile

Revenue

Up

$27,973

Up $5,005 (+22%) from 2019

Expenses

Down

$2,323

Down $25,941 (-92%) from 2019

Net Income

Up

$25,650

Up $30,946 (+584%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$200K$150K$100K$50K$0Assets 2013: $132,166Net Assets 2013: $132,1662013Assets 2014: $126,836Net Assets 2014: $126,8362014Assets 2015: $124,888Net Assets 2015: $124,8882015Assets 2016: $121,506Net Assets 2016: $121,5062016Assets 2017: $134,118Net Assets 2017: $134,1182017Assets 2018: $141,061Net Assets 2018: $141,0612018Assets 2019: $135,765Net Assets 2019: $135,7652019Assets 2020: $161,415Net Assets 2020: $161,4152020Assets 2021: $152,858Net Assets 2021: $152,8582021Assets 2022: $137,880Net Assets 2022: $137,8802022Assets 2023: $105,341Net Assets 2023: $105,3412023Assets 2024: $100,647Net Assets 2024: $100,6472024

Highlighted filing

2020

Assets$161,415
Liabilities-
Net Assets$161,415
Open 2020 Filing

Operations Trend

Revenue Growth80th percentile

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

$60K$40K$20K$0-$20K-$40KRevenue 2013: $12,684Expenses 2013: $22,674Net Income 2013: -$9,9902013Revenue 2014: $22,653Expenses 2014: $27,983Net Income 2014: -$5,3302014Revenue 2015: $23,381Expenses 2015: $25,329Net Income 2015: -$1,9482015Revenue 2016: $16,488Expenses 2016: $19,870Net Income 2016: -$3,3822016Revenue 2017: $20,321Expenses 2017: $7,709Net Income 2017: $12,6122017Revenue 2018: $32,568Expenses 2018: $25,625Net Income 2018: $6,9432018Revenue 2019: $22,968Expenses 2019: $28,264Net Income 2019: -$5,2962019Revenue 2020: $27,973Expenses 2020: $2,323Net Income 2020: $25,6502020Revenue 2021: $2,248Expenses 2021: $10,805Net Income 2021: -$8,5572021Revenue 2022: $2,560Expenses 2022: $17,538Net Income 2022: -$14,9782022Revenue 2023: $8,661Expenses 2023: $41,200Net Income 2023: -$32,5392023Revenue 2024: $5,665Expenses 2024: $10,359Net Income 2024: -$4,6942024

Highlighted filing

2020

Revenue$27,973
Expenses$2,323
Net Income$25,650
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 22, 2021
Return Version
2020v4.0
Gross Receipts
$125,326
Mission and Program Overview

Mission

To provide scholarships (grants) to 18 recipients

Program Services

DescriptionGrantsExpenses
PROVIDED SCHOLARSHIPS TO 18 RECIPIENTS-$2,323
SCHOLARSHIPS DISTRIBUTED TO STUDENTS--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PHILIP FREEHANChairman-$0--
-Treasurer-$0--
-Sec/ClerkPT$0--
-Director-$0--
Filing and Contact Details

Filer

Filer Name
East Boston K Trust
EIN
22-2893493
Phone
6175690175
Address
C/O MAGOON 264 BENNINGTON ST, EAST BOSTON, MA 02128

Signing Officer

Name
Philip Freehan
Title
Chairman
Phone
9789772202
Signed
2021-10-22
Discuss with paid preparer
Yes

Preparer

Firm
Mp & Company Tax & Financial Services
Address
PO BOX 146, EAST BOSTON, MA 02128
Preparer
Grace C Magoon Ea
Phone
6175690175
Supplemental Narrative

Additional Explanations

Form 990-ez

“SCHOLARSHIP AWARDS”

Form 990-ez, Part I, Line 16

“Expenses office expenses 304 comm of ma/pc 35 insurance 1,299 total 1,638”

Form 990-ez, Part III, Line 31

“Provided scholarships to 18 recipients”

Raw XML Appendix147 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0PHILIP FREEHAN
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GRACE C MAGOON
IRS990EZ/BooksInCareOfDetail/PhoneNum06175630179
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0264 BENNINGTON STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0EAST BOSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002128
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0135765
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0161415
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt016442
IRS990EZ/CostOrOtherBasisExpenseSaleAmt097353
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt025650
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0685
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0135765
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0161415
IRS990EZ/GainOrLossFromSaleOfAssetsAmt010567
IRS990EZ/GrossReceiptsAmt0125326
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0964
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0135765
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0161415
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0135765
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0161415
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt0GRACE C MAGOON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt1MARISA DIPIETRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt2GEORGE GAMBALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine2Txt0PO BOX 503
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine2Txt121 LAMSON ST REAR E BOSTON MA02128
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PHILIP FREEHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SEC/CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01638
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SCHOLARSHIPS (GRANTS) TO 18 RECIPIENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIPS DISTRIBUTED TO STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDED SCHOLARSHIPS TO 18 RECIPIENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02323
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt0107920
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02323
IRS990EZ/TotalProgramServiceExpensesAmt02323
IRS990EZ/TotalRevenueAmt027973
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt016442
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt016676
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt019080
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt011073
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt013209
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt076480
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0964
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01797
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01992
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02922
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01251
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08926
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt085406
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt017406
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt018473
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt021072
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt013995
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt014460
IRS990ScheduleA/Total509Grp/TotalAmt085406
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt017406
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt018473
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt021072
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt013995
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt014460
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt085406
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIP AWARDS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE EXPENSES 304 COMM OF MA/PC 35 INSURANCE 1,299 TOTAL 1,638
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDED SCHOLARSHIPS TO 18 RECIPIENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PHILIP FREEHAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09789772202
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EAST BOSTON K TRUST
ReturnHeader/Filer/BusinessNameControlTxt0EAST
ReturnHeader/Filer/EIN0222893493
ReturnHeader/Filer/PhoneNum06175690175
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O MAGOON 264 BENNINGTON ST
ReturnHeader/Filer/USAddress/CityNm0EAST BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002128
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043411646
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MP & COMPANY TAX & FINANCIAL SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 146
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAST BOSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002128
ReturnHeader/PreparerPersonGrp/PhoneNum06175690175
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GRACE C MAGOON EA
ReturnHeader/ReturnTs02021-10-22T11:16:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PHILIP
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FREEHAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$161,415
Liabilities
-
Net assets
$161,415
Revenue
$27,973
Expenses
$2,323
Net income
$25,650
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.01$1.01$0.06$0.10$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.05$1.05$0.09$0.41$0.33
2022Detailed filing. Detailed filing data is available for this year.$1.38$1.38$0.03$0.18$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.53$1.53$0.02$0.11$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.61$1.61$0.28$0.02$0.26
2019Detailed filing. Detailed filing data is available for this year.$1.36$1.36$0.23$0.28$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.41$1.41$0.33$0.26$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.34$1.34$0.20$0.08$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.22$1.22$0.16$0.20$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.25$1.25$0.23$0.25$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.27$1.27$0.23$0.28$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.32$1.32$0.13$0.23$0.10