Civic Intelligence

Forest Hills Educational Trust

990EZ • Fiscal year 2022 • EIN 22-3182448

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

95 Forest Hills AvenueJamaica Plain, MA 02130

(617) 524-0128

Siviq Scores

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

Liabilities / Assets

77th percentile

0.06x

Higher debt load relative to assets than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

98th percentile

4.04x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

3rd percentile

-370%

Higher net margin than 3% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

31st percentile

-9.7%

Faster asset growth than 31% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

9th percentile

-59%

Faster revenue growth than 9% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$157,045

Down $16,944 (-9.7%) from 2021

Net Assets

Down

$146,990

Down $18,003 (-11%) from 2021

Liabilities

Up

$10,055

Up $1,059 (+12%) from 2021

Revenue

Down

$2,487

Down $3,582 (-59%) from 2021

Expenses

Down

$11,689

Down $1,510 (-11%) from 2021

Net Income

Down

-$9,202

Down $2,072 (-29%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $379,238Liabilities 2010: $41,095Net Assets 2010: $338,1432010Assets 2011: $338,625Liabilities 2011: $0Net Assets 2011: $338,6252011Assets 2012: $310,221Liabilities 2012: $42,305Net Assets 2012: $267,9162012Assets 2013: $363,620Liabilities 2013: $76,083Net Assets 2013: $287,5372013Assets 2014: $288,170Liabilities 2014: $0Net Assets 2014: $288,1702014Assets 2015: $288,820Liabilities 2015: $48,291Net Assets 2015: $240,5292015Assets 2016: $244,571Liabilities 2016: $37,320Net Assets 2016: $207,2512016Assets 2017: $219,046Liabilities 2017: $34,371Net Assets 2017: $184,6752017Assets 2018: $170,124Liabilities 2018: $0Net Assets 2018: $170,1242018Assets 2019: $180,645Liabilities 2019: $9,501Net Assets 2019: $171,1442019Assets 2020: $169,022Liabilities 2020: $48Net Assets 2020: $168,9742020Assets 2021: $173,989Liabilities 2021: $8,996Net Assets 2021: $164,9932021Assets 2022: $157,045Liabilities 2022: $10,055Net Assets 2022: $146,9902022Assets 2023: $153,381Liabilities 2023: $8,121Net Assets 2023: $145,2602023Assets 2024: $152,032Liabilities 2024: $8,360Net Assets 2024: $143,6722024

Highlighted filing

2022

Assets$157,045
Liabilities$10,055
Net Assets$146,990

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $118,690Expenses 2010: $308,624Net Income 2010: -$189,9342010Revenue 2011: $77,782Expenses 2011: $70,210Net Income 2011: $7,5722011Revenue 2012: $159,174Expenses 2012: $249,430Net Income 2012: -$90,2562012Revenue 2013: $148,412Expenses 2013: $128,791Net Income 2013: $19,6212013Revenue 2014: $18,558Expenses 2014: $17,925Net Income 2014: $6332014Revenue 2015: $19,980Expenses 2015: $56,872Net Income 2015: -$36,8922015Revenue 2016: $15,031Expenses 2016: $57,857Net Income 2016: -$42,8262016Revenue 2017: $12,547Expenses 2017: $45,047Net Income 2017: -$32,5002017Revenue 2018: $19,708Expenses 2018: $19,820Net Income 2018: -$1122018Revenue 2019: $97,360Expenses 2019: $103,589Net Income 2019: -$6,2292019Revenue 2020: $5,739Expenses 2020: $15,392Net Income 2020: -$9,6532020Revenue 2021: $6,069Expenses 2021: $13,199Net Income 2021: -$7,1302021Revenue 2022: $2,487Expenses 2022: $11,689Net Income 2022: -$9,2022022Revenue 2023: $1,842Expenses 2023: $9,084Net Income 2023: -$7,2422023Revenue 2024: $6,097Expenses 2024: $8,704Net Income 2024: -$2,6072024

Highlighted filing

2022

Revenue$2,487
Expenses$11,689
Net Income-$9,202
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$2,487
Mission and Program Overview

Mission

To promote the appreciation and preservation of the historic artifacts created by or related to persons interred in forest hills cemetery

Program Services

DescriptionGrantsExpenses
TO PROMOTE THE APPRECIATION AND PRESERVATION OF THE HISTORIC ARTIFACTS CREATED BY OR RELATED TO PERSONS INTERRED IN FOREST HILLS CEMETERY BY ALLOWING THE GENERAL PUBLIC AND THE ORGANIZATION'S MEMBERS TO PARTICIPATE IN EDUCATIONAL PROGRAMS AT THE CEMETERY WHICH PROMOTE THE APPRECIATION AND PRESERVATION OF THE ARTIFACTS.$0$814
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JANICE STETZTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Forest Hills Educational Trust
EIN
22-3182448
Phone
6175240128
Address
95 FOREST HILLS AVENUE, JAMAICA PLAIN, MA 02130

Signing Officer

Name
Michael Vaccaro
Title
Treasurer
Phone
6175240128
Signed
2023-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Morgan & Morgan Pc
Address
175 DERBY STREET - SUITE 40, HINGHAM, MA 02043
Preparer
Timothy Maclellan Cpapfs
Phone
7817490050
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: misc income . Amount: 136. Description: investment income . Amount: 483. Total to form 990-ez, line 8: 619.

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

Description: marketing . Amount: 1,789. Description: office expense . Amount: 41. Total to form 990-ez, line 16: 1,830.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: unrealized gain (loss) on investmen . Amount: -8,801.

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

Description: investments . Beg. Of year amount: 162,783. End of year amount: 154,465.

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

Description: accounts payable accrual . Beg. Of year amount: 0. End of year amount: 161. Description: due to fhc. Beg. Of year amount: 8,996. End of year amount: 9,894.

Raw XML Appendix150 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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IRS990EZ/BooksInCareOfDetail/PhoneNum06175240128
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MISC INCOME . AMOUNT: 136. DESCRIPTION: INVESTMENT INCOME . AMOUNT: 483. TOTAL TO FORM 990-EZ, LINE 8: 619.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MARKETING . AMOUNT: 1,789. DESCRIPTION: OFFICE EXPENSE . AMOUNT: 41. TOTAL TO FORM 990-EZ, LINE 16: 1,830.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: UNREALIZED GAIN (LOSS) ON INVESTMEN . AMOUNT: -8,801.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: INVESTMENTS . BEG. OF YEAR AMOUNT: 162,783. END OF YEAR AMOUNT: 154,465.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE ACCRUAL . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 161. DESCRIPTION: DUE TO FHC. BEG. OF YEAR AMOUNT: 8,996. END OF YEAR AMOUNT: 9,894.
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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.
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-13
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ReturnHeader/ReturnTs02023-11-14T07:32:08-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VACCARO
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.52$0.08$1.44$0.06$0.09$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.53$0.08$1.45$0.02$0.09$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.57$0.10$1.47$0.02$0.12$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.74$0.09$1.65$0.06$0.13$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.69$0.00$1.69$0.06$0.15$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.81$0.10$1.71$0.97$1.04$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.70$0.00$1.70$0.20$0.20$0.00
2017Detailed filing. Detailed filing data is available for this year.$2.19$0.34$1.85$0.13$0.45$0.33
2016Detailed filing. Detailed filing data is available for this year.$2.45$0.37$2.07$0.15$0.58$0.43
2015Detailed filing. Detailed filing data is available for this year.$2.89$0.48$2.41$0.20$0.57$0.37
2014Detailed filing. Detailed filing data is available for this year.$2.88$0.00$2.88$0.19$0.18$0.01
2013Detailed filing. Detailed filing data is available for this year.$3.64$0.76$2.88$1.48$1.29$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$0.42$2.68$1.59$2.49$0.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.39$0.00$3.39$0.78$0.70$0.08
2010Summary only. Only limited summary data is available for this year.$3.79$0.41$3.38$1.19$3.09$1.90