Civic Intelligence

Worcester State Foundation Inc.

990T • Fiscal year 2021 • EIN 22-3248067

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 07, 2023

Organization ProfileN/A
486 Chandler StreetWorcester, MA 01602

(508) 793-8033

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $13,479,458Liabilities 2010: $1,308,861Net Assets 2010: $12,170,5972010Assets 2011: $16,364,326Liabilities 2011: $1,377,502Net Assets 2011: $14,986,8242011Assets 2012: $16,092,725Liabilities 2012: $1,320,259Net Assets 2012: $14,772,4662012Assets 2013: $18,744,481Liabilities 2013: $1,409,190Net Assets 2013: $17,335,2912013Assets 2014: $22,632,264Liabilities 2014: $910,833Net Assets 2014: $21,721,4312014Assets 2015: $22,617,169Liabilities 2015: $866,013Net Assets 2015: $21,751,1562015Assets 2016: $22,979,865Liabilities 2016: $2,025,826Net Assets 2016: $20,954,0392016Assets 2017: $26,209,450Liabilities 2017: $926,252Net Assets 2017: $25,283,1982017Assets 2018: $31,419,242Liabilities 2018: $1,095,489Net Assets 2018: $30,323,7532018Assets 2019: $32,840,849Liabilities 2019: $1,015,594Net Assets 2019: $31,825,2552019Assets 2020: $34,572,154Liabilities 2020: $1,017,698Net Assets 2020: $33,554,4562020Assets 2021: $45,638,804Liabilities 2021: $1,537,874Net Assets 2021: $44,100,9302021Assets 2022: $39,235,883Liabilities 2022: $1,349,329Net Assets 2022: $37,886,5542022Assets 2023: $48,675,342Liabilities 2023: $1,550,006Net Assets 2023: $47,125,3362023Assets 2024: $54,238,733Liabilities 2024: $2,187,648Net Assets 2024: $52,051,0852024

Latest loaded filing

2024

Assets$54,238,733
Liabilities$2,187,648
Net Assets$52,051,085
Open 2024 Filing

Operations Trend

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

$10M$5.0M$0Expenses 2010: $785,0522010Expenses 2011: $700,5082011Expenses 2012: $1,256,4722012Expenses 2013: $956,3972013Revenue 2014: $3,974,044Expenses 2014: $1,230,992Net Income 2014: $2,743,0522014Revenue 2015: $3,202,189Expenses 2015: $1,823,335Net Income 2015: $1,378,8542015Revenue 2016: $2,654,579Expenses 2016: $2,603,975Net Income 2016: $50,6042016Revenue 2017: $3,945,559Expenses 2017: $1,481,526Net Income 2017: $2,464,0332017Revenue 2018: $6,201,798Expenses 2018: $1,569,324Net Income 2018: $4,632,4742018Revenue 2019: $3,604,598Expenses 2019: $1,613,843Net Income 2019: $1,990,7552019Revenue 2020: $3,015,775Expenses 2020: $2,041,610Net Income 2020: $974,1652020Revenue 2021: $7,166,785Expenses 2021: $2,032,248Net Income 2021: $5,134,5372021Revenue 2022: $3,879,031Expenses 2022: $2,288,643Net Income 2022: $1,590,3882022Revenue 2023: $8,251,574Expenses 2023: $1,976,615Net Income 2023: $6,274,9592023Revenue 2024: $3,305,146Expenses 2024: $2,801,436Net Income 2024: $503,7102024

Latest loaded filing

2024

Revenue$3,305,146
Expenses$2,801,436
Net Income$503,710
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 7, 2023
Return Version
2020v1.3
Mission and Program Overview

Mission

The mission of the worcester state foundation is to promote the growth and progress of worcester state university beyond what is possible with state funding.

Filing and Contact Details

Filer

Filer Name
Worcester State Foundation Inc
EIN
22-3248067
Phone
5087938033
Address
486 CHANDLER STREET, WORCESTER, MA 01602

Signing Officer

Name
Edward L Sherr
Title
Treasurer
Phone
5087938033
Signed
2023-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Bollus Lynch Llp
Address
89 SHREWSBURY STREET, WORCESTER, MA 01604
Preparer
Barbara E King
Phone
5087557107
Raw XML Appendix92 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
IRS990T/BooksInCareOfDetail/PersonNm0ASHLEY COURTOIS
IRS990T/BooksInCareOfDetail/PhoneNum05089298939
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0486 CHANDLER STREET
IRS990T/BooksInCareOfDetail/USAddress/CityNm0WORCESTER
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd001602
IRS990T/BookValueAssetsEOYAmt045638804
IRS990T/ChangeInMethodOfAccountingInd00
IRS990T/CharitableContributionsDedAmt00
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/OverpaymentSection/AppliedToESTaxAmt0601
IRS990T/OverpaymentSection/OverpaymentAmt0601
IRS990T/OverpaymentSection/RefundAmt00
IRS990T/PaidTaxLiabilityAmt00
IRS990T/PriorYearOverpaymentCreditAmt0601
IRS990TScheduleA/GrossProfitAmt070
IRS990TScheduleA/GrossReceiptsOrSalesAmt070
IRS990TScheduleA/NetGrossReceiptsOrSalesAmt070
IRS990TScheduleA/NetOperatingLossDeductionAmt00
IRS990TScheduleA/PrincipalBusinessActivityCd0900000
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalAllocableDeductionsAmt00
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalDeductionsAmt00
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt070
IRS990TScheduleA/TotUnrltTrdBusIncmAmt070
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0INVESTMENT ACTIVITY
IRS990TScheduleA/UBIBeforeNOLDedAmt070
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt070
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt00
IRS990T/TaxLessCreditsAmt00
IRS990T/TotalDeductionAmt01000
IRS990T/TotalPaymentsAmt0601
IRS990T/TotalTaxAmt00
IRS990T/TotalTaxComputationAmt00
IRS990T/TotalUBTIAmt00
IRS990T/TotalUBTIBeforeNOLSpecificAmt070
IRS990T/TotalUBTIBeforeSection199AAmt070
IRS990T/TotalUBTIComputedAmt070
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EDWARD L SHERR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05087938033
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WORCESTER STATE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WORC
ReturnHeader/Filer/EIN0223248067
ReturnHeader/Filer/PhoneNum05087938033
ReturnHeader/Filer/USAddress/AddressLine1Txt0486 CHANDLER STREET
ReturnHeader/Filer/USAddress/CityNm0WORCESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001602
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043037870
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOLLUS LYNCH LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt089 SHREWSBURY STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WORCESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001604
ReturnHeader/PreparerPersonGrp/PhoneNum05087557107
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARBARA E KING
ReturnHeader/ReturnTs02023-11-07T08:50:04-06:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0EDWARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHERR
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.2$2.19$52.1$3.31$2.80$0.50
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.7$1.55$47.1$8.25$1.98$6.27
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.2$1.35$37.9$3.88$2.29$1.59
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.6$1.54$44.1$7.17$2.03$5.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.6$1.02$33.6$3.02$2.04$0.97
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.8$1.02$31.8$3.60$1.61$1.99
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.4$1.10$30.3$6.20$1.57$4.63
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.2$0.93$25.3$3.95$1.48$2.46
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.0$2.03$21.0$2.65$2.60$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.6$0.87$21.8$3.20$1.82$1.38
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.6$0.91$21.7$3.97$1.23$2.74
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.7$1.41$17.3$0.96
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.1$1.32$14.8$1.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.4$1.38$15.0$0.70
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.5$1.31$12.2$0.79