Civic Intelligence

Education Collaborative for Greater Boston Inc

EIN 23-7069433 • 501(c)3

281 Winter Street02451
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

No filing with officer or executive compensation is available for this organization yet.

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$0

Down $2,450,896 (-100%) from 2012

Liabilities

Down

$0

Down $147,474 (-100%) from 2012

Net Assets

Down

$0

Down $2,303,422 (-100%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$21,114

Down $3,633,056 (-99%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,769,239Liabilities 2010: $634,027Net Assets 2010: $2,135,2122010Assets 2011: $2,782,574Liabilities 2011: $393,101Net Assets 2011: $2,389,4732011Assets 2012: $2,450,896Liabilities 2012: $147,474Net Assets 2012: $2,303,4222012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013

Highlighted filing

2013

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $3,370,5562010Expenses 2011: $3,546,8862011Expenses 2012: $3,654,1702012Expenses 2013: $21,1142013

Highlighted filing

2013

Revenue-
Expenses$21,114
Net Income-

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Apr 11, 2014
Return Version
2012v2.1
Gross Receipts
$113,170
Filing and Contact Details

Filer

EIN
23-7069433
Raw XML Appendix311 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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IRS990/Description0ON MAY 10, 2012, THE BOARD OF DIRECTORS OF THE EDUCATION COLLABORATIVE FOR GREATER BOSTON, INC. ("EDCO, INC.") VOTED TO APPROVE THE DISSOLUTION OF THE ORGANIZATION EFFECTIVE JULY 1, 2012. THE EFFECT OF THIS IS THAT EDCO COLLABORATIVE ("EDCO") WILL TAKE OVER THE OPERATIONS OF ALL OF EDCO, INC. PROGRAMS AS WELL AS THE ULTIMATE TRANSFER OF THE REMAINING ASSETS AND LIABILITIES OF THE ORGANIZATION. THIS TRANSACTION IS AS A RESULT OF REGULATORY EFFORTS TO ENSURE GREATER TRANSPARENCY WITHIN THE COLLABORATIVE COMMUNITY AT LARGE.
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IRS990ScheduleN/LiquidationTable/LiquidationDetail/DescriptionOfAsset0TRANSFER OF NET ASSETS
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IRS990ScheduleO/GeneralExplanation/Explanation0ESTABLISHED IN 1969 AS A PRIVATE NOT-FOR-PROFIT (CHAPTER 180), THE EDUCATION COLLABORATIVE FOR GREATER BOSTON, INC. WAS FORMED BY SUPERINTENDENTS FROM SEVEN MEMBER SCHOOL DISTRICTS. THEIR PURPOSE WAS TO INCREASE COMMUNICATION AND UNDERSTANDING AMONG STAFF AND STUDENTS IN URBAN AND SUBURBAN SCHOOL DISTRICTS. INITIAL PROGRAMS WERE DESIGNED TO CROSS RACIAL, ECONOMIC AND SOCIAL BARRIERS. EARLY ON, EDCO RECEIVED FUNDING TO OPERATE VOLUNTARY DESEGREGATION PROGRAMS, USING THE CITY OF BOSTON AS A CLASSROOM AND BRINGING SUBURBAN STUDENTS INTO BOSTON TO WORK WITH INNER CITY STUDENTS. ADMINISTRATION OF EDUCATIONAL PROGRAMS BY: 1)IMPROVING EDUCATION THROUGH INTERDISTRICT AND INTERAGENCY COLLABORATION 2)PROVIDING HIGH QUALITY EDUCATION AND RELATED SERVICES TO STUDENTS-AT-RISK 3)ENHANCING EQUITY, INTERCULTURAL UNDERSTANDING AND EQUAL OPPORTUNITY IN EDUCATION
IRS990ScheduleO/GeneralExplanation/Explanation1ON MAY 10, 2012, THE BOARD OF DIRECTORS OF THE EDUCATION COLLABORATIVE FOR GREATER BOSTON, INC. ("EDCO, INC.") VOTED TO APPROVE THE DISSOLUTION OF THE ORGANIZATION EFFECTIVE JULY 1, 2012. THE EFFECT OF THIS IS THAT EDCO COLLABORATIVE ("EDCO") WILL TAKE OVER THE OPERATIONS OF ALL OF EDCO, INC. PROGRAMS AS WELL AS THE ULTIMATE TRANSFER OF THE REMAINING ASSETS AND LIABILITIES OF THE ORGANIZATION. THIS TRANSACTION IS AS A RESULT OF REGULATORY EFFORTS TO ENSURE GREATER TRANSPARENCY WITHIN THE COLLABORATIVE COMMUNITY AT LARGE.
IRS990ScheduleO/GeneralExplanation/Explanation2THE EDUCATION COLLABORATIVE FOR GREATER BOSTON, INC.'S FORM 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE FORM IS THEN PRESENTED TO MANAGEMENT FOR REVIEW. A VERSION OF THE FORM 990 IS THEN MADE AVAILABLE TO BOARD MEMBERS FOR REVIEW ELECTRONICALLY PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY IN PLACE, BUT IT HAS NOT BEEN APPROVED BY THE BOARD OR A COMMITTEE OF THE BOARD AS OF JUNE 30, 2013. ANNUALLY, THE BOARD OF DIRECTORS IS GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY FOR REVIEW. UPON EMPLOYMENT, ALL EMPLOYEES RECEIVE A POLICY MANUAL, WHICH CONTAINS THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/GeneralExplanation/Explanation4COMPENSATION COSTS OF OFFICERS ARE CHARGED TO EDCO COLLABORATIVE. A PORTION OF THESE COSTS AS WELL AS OTHER SHARED COSTS ARE CHARGED THROUGH AN INTERCOMPANY ACCOUNT WITH THE EDUCATION COLLABORATIVE FOR GREATER BOSTON, INC. AS OVERHEAD. THE COMPENSATION PACKAGE OF THE TREASURER ARE DEVELOPED AS PART OF THE ANNUAL BUDGET PROCESS AND ARE REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR AND REVIEWED BY THE BOARD ON AN ANNUAL BASIS. IN ALL CASES, COMPENSATION IS SET BY INDEPENDENT PERSONS. COMPARABILITY DATA IS AVAILABLE AT THE TIME COMPENSATION IS REVIEWED. DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARE DOCUMENTED AS THEY OCCUR. COMPENSATION INCREASES FOR EMPLOYEES, WITH EXCEPTION OF THE EXECUTIVE DIRECTOR, ARE DEVELOPED AS PART OF THE ANNUAL BUDGET PROCESS AND APPROVED BY THE EXECUTIVE DIRECTOR AND BOARD. A RAISE FOR THE EXECUTIVE DIRECTOR IS DETERMINED AND APPROVED BY THE BOARD.
IRS990ScheduleO/GeneralExplanation/Explanation5FORMS 990 (CURRENT AND PRIOR THREE YEARS) AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE OFFICIAL WEBSITE OF THE ATTORNEY GENERAL OF MASSACHUSETTS AT WWW.CHARITIES.AGO.STATE.MA.US AND GUIDESTAR AT WWW2.GUIDESTAR.ORG. THE FORM 990, FORM 1023, FORM 990-T, ARTICLES OF INCORPORATION, AND BYLAWS ARE ALSO MADE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, VARIOUS OTHER GOVERNING DOCUMENTS ARE AVAILABLE ON THE OFFICIAL WEBSITE OF THE SECRETARY OF STATE OF MASSACHUSETTS AT: WWW.CORP.SEC.STATE.MA.US/CORP/CORPSEARCH/CORPSEARCHINPUT.ASP
IRS990ScheduleO/GeneralExplanation/Explanation6TRANSFER OF NET ASSETS -2,395,478.
IRS990ScheduleO/GeneralExplanation/Identifier0ORGANIZATION MISSION:
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IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode002116
ReturnHeader/Preparer/Name0JOSEPH M GISO
ReturnHeader/Preparer/Phone06177610600
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-07-01
ReturnHeader/TaxPeriodEndDate02013-06-30
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02014-04-15T14:23:38-05:00

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