Civic Intelligence

Massasoit Community College Foundation Inc.

990 • Fiscal year 2017 • EIN 23-7100537

Jul 01, 2016 to Jun 30, 2017 • Filed on May 08, 2018

Organization ProfileWWW.MASSASOIT.MASS.EDU
One Massasoit BlvdBrockton, MA 02302

(508) 588-9100

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.01x

Higher debt load relative to assets than 23% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

34th percentile

0.04x

Higher debt load relative to revenue than 34% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

88th percentile

41%

Higher net margin than 88% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

64th percentile

8.2%

Faster asset growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

16th percentile

-14%

Faster revenue growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$1,830,065

Up $138,499 (+8.2%) from 2016

Net Assets

Up

$1,819,065

Up $136,799 (+8.1%) from 2016

Liabilities

Up

$11,000

Up $1,700 (+18%) from 2016

Revenue And Expenses
Liabilities / Revenue34th percentileNet Margin88th percentile

Revenue

Down

$263,516

Down $43,268 (-14%) from 2016

Expenses

Down

$156,165

Down $70,586 (-31%) from 2016

Net Income

Up

$107,351

Up $27,318 (+34%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,393,455Liabilities 2011: $11,050Net Assets 2011: $1,382,4052011Assets 2012: $1,400,750Liabilities 2012: $13,500Net Assets 2012: $1,387,2502012Assets 2013: $1,507,167Liabilities 2013: $7,100Net Assets 2013: $1,500,0672013Assets 2014: $1,571,856Liabilities 2014: $7,500Net Assets 2014: $1,564,3562014Assets 2015: $1,609,439Liabilities 2015: $7,750Net Assets 2015: $1,601,6892015Assets 2016: $1,691,566Liabilities 2016: $9,300Net Assets 2016: $1,682,2662016Assets 2017: $1,830,065Liabilities 2017: $11,000Net Assets 2017: $1,819,0652017Assets 2018: $1,867,649Liabilities 2018: $18,047Net Assets 2018: $1,849,6022018Assets 2019: $1,999,565Liabilities 2019: $44,361Net Assets 2019: $1,955,2042019Assets 2020: $2,242,553Liabilities 2020: $14,000Net Assets 2020: $2,228,5532020Assets 2021: $2,862,208Liabilities 2021: $271,068Net Assets 2021: $2,591,1402021Assets 2022: $2,221,109Liabilities 2022: $274,002Net Assets 2022: $1,947,1072022Assets 2023: $2,163,879Liabilities 2023: $24,618Net Assets 2023: $2,139,2612023Assets 2024: $2,656,858Liabilities 2024: $42,318Net Assets 2024: $2,614,5402024

Highlighted filing

2017

Assets$1,830,065
Liabilities$11,000
Net Assets$1,819,065
Open 2017 Filing

Operations Trend

Revenue Growth16th percentile

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

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2011: $120,4602011Expenses 2012: $193,0342012Expenses 2013: $204,7372013Revenue 2014: $241,737Expenses 2014: $247,003Net Income 2014: -$5,2662014Revenue 2015: $197,022Expenses 2015: $162,422Net Income 2015: $34,6002015Revenue 2016: $306,784Expenses 2016: $226,751Net Income 2016: $80,0332016Revenue 2017: $263,516Expenses 2017: $156,165Net Income 2017: $107,3512017Revenue 2018: $398,588Expenses 2018: $215,664Net Income 2018: $182,9242018Revenue 2019: $308,994Expenses 2019: $189,292Net Income 2019: $119,7022019Revenue 2020: $512,468Expenses 2020: $205,092Net Income 2020: $307,3762020Revenue 2021: $647,895Expenses 2021: $440,553Net Income 2021: $207,3422021Revenue 2022: $580,357Expenses 2022: $1,086,554Net Income 2022: -$506,1972022Revenue 2023: $359,213Expenses 2023: $259,373Net Income 2023: $99,8402023Revenue 2024: $621,170Expenses 2024: $284,980Net Income 2024: $336,1902024

Highlighted filing

2017

Revenue$263,516
Expenses$156,165
Net Income$107,351
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 8, 2018
Return Version
2016v3.0
Gross Receipts
$369,640
Mission and Program Overview

Mission

Assist in serving students of massasoit community college who are in need of financial aid and to enrich or add to the facilities, services, or programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$673,891$673,891→ $0
Investments Other Securities$539,534$601,258▲ $61,724
Savings and Temporary Cash Investments$435,906$533,255▲ $97,349
Cash and Non-Interest-Bearing Accounts$42,235$19,161▼ $23,074
Accounts Receivable-$2,500-
Total Assets$1,691,566$1,830,065▲ $138,499
Liabilities
Accounts Payable and Accrued Expenses$9,300$11,000▲ $1,700
Total Liabilities$9,300$11,000▲ $1,700
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,442,906$1,493,259▲ $50,353
Unrestricted Net Assets$239,360$325,806▲ $86,446
Total Net Assets Fund Balance$1,682,266$1,819,065▲ $136,799
Total Liabilities and Net Assets / Fund Balance$1,691,566$1,830,065▲ $138,499

Asset Categories

AssetBook ValueDepreciationBasis
Land$673,891-$673,891
Other Securities$601,258--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,147,491-▲ $46,441-$1,193,932
2015$1,150,251-▼ $2,760-$1,147,491
2014$1,139,702-▲ $10,549-$1,150,251
2013$1,084,531-▲ $55,171-$1,139,702
2012$1,046,829-▲ $37,702-$1,084,531
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Kevin WalshPresident
Wayne PerkinsVice President
Joseph MosesClerk
Charles H TartagliaMember
Conrad MartinMember
David Offutt TrusteeMember
James MentonMember
James RagazzoMember
John BoutinMember
John Mullaney EsqMember
KEVIN O'REILLYMember
Leslie CavicchiMember
Lincoln AndrewsMember
Maria SamsonMember
Robert AnzaloneMember
Ruthanne RussellMember
Thomas Carroll Jr TrusteeMember
Lisa Rheault-slineyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$147,088
Program Service Revenue
$35,863
Investment Income
$25,438
Other Revenue
$55,127
All Other Contributions
$147,088
Change in Net Assets
$107,351

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table3$54,000Est Cost of Employee
Other Non Cash Contri Table1$10,893Fair Market Value (FMV)
Total Noncash Contributions4$64,893-

Audited Revenue Reconciliation

Revenue per Audited Statements
$261,132
Revenue Not Reported on Financial Statements
$2,384
Revenue Not Reported on Form 990
$152,636
Total Revenue per Audited Statements
$413,768
Total Revenue per Form 990
$263,516
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$119,307
Other Expenses$36,858
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$119,307--$119,307
Fees for Services Accounting-$11,000-$11,000
Other Expenses$3,706$12,209-$3,706
Fees for Services Legal-$2,471-$2,471
Office Expenses-$2,423-$2,423
Fees for Service Investment Mgmnt Fees-$2,384-$2,384
Insurance-$1,475-$1,475
Interest-$1,190-$1,190
Total Functional Expenses$123,013$33,152$0$156,165

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$276,969
Total Expenses per Form 990$156,165
Expenses per Audited Statements$153,781
Expenses Not Reported on Form 990$123,188
Expenses Not Reported on Financial Statements$2,384
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Massasoit Community CollegeBrockton, MA115Scholarships for Its Students$119,307
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$94,315
Fundraising Direct Expenses$69,188
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$57,420$57,420$39,282$18,138
Golf Tournament$36,895$36,895$29,906$6,989
Total Events$94,315$94,315$69,188$25,127
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Ruthanne russell and james menton are brother and sister in-law.”

Form 990, Part VI, Section A, Line 7A

“Existing members of the board of directors approve new members.”

Form 990, Part VI, Section B, Line 11B

“The president and another officer review the form 990.”

Form 990, Part VI, Section C, Line 19

“The foundation makes it governing documents and financial statements available to the public upon reuqest.”

Filing and Contact Details

Filer

Filer Name
Massasoit Community College Foundation
EIN
23-7100537
Phone
5085889100
Address
ONE MASSASOIT BLVD, BROCKTON, MA 02302

Signing Officer

Name
Kevin Walsh
Title
President
Phone
5085889100
Signed
2018-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Walsh
Formed
1976
Legal Domicile
Ma
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
25

Preparer

Firm
O'CONNOR & DREW PC
Address
25 BRAINTREE HILL OFC PK SUITE 102, BRAINTREE, MA 02184
Preparer
David a Diiulis
Phone
6174711120
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART V, LINE 4:

“The intended use of the endowment funds are to support the programs of the foundation.”

PART X, LINE 2:

“The foundation has been notified by the internal revenue service that it meets the qualifications to be classified as a tax exempt entity under section 501 (c)(3) of the internal revenue code. As a not-for-profit entity exempt from income taxes, the foundation may, however, be subject to tax on unrelated business income. Accounting principles generally accepted in the united states require an entity to assess the probability that a tax position has a "more likely than not" sustainability after review by tax authorities. If a tax position is deemed not to meet this threshold, any unrecognized tax benefits and costs are estimated and recognized. Tax returns are routinely open for review by the tax authorities for three years from their due date. In certain circumstances, the statute of limitations may remain open indefinitely.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising expense 69,188.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising expense 69,188.”

Part XI- Line 2D & Part XII- Line 2D

“The other items included on the audited financial statements but not on the form 990 are direct revenues and expenses from an exempt fundraising event (see part xi- line 2d) and unrecognized gains on investments (part xii- line 2d). Investment management fees are also included as a reconciling item along with services donated from a related party.”

Raw XML AppendixShowing 400 of 605 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09300
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011000
IRS990/AccountsReceivableGrp/EOYAmt02500
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ASSIST IN SERVING STUDENTS OF MASSASOIT COMMUNITY COLLEGE WHO ARE IN NEED OF FINANCIAL AID AND TO ENRICH OR ADD TO THE FACILITIES, SERVICES, OR PROGRAMS.
IRS990/AllOtherContributionsAmt0147088
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TERESA FRUZETTI
IRS990/BooksInCareOfDetail/PhoneNum05085889100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01 MASSASOIT BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROCKTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002302
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt042235
IRS990/CashNonInterestBearingGrp/EOYAmt019161
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0147088
IRS990/CYGrantsAndSimilarPaidAmt0119307
IRS990/CYInvestmentIncomeAmt025438
IRS990/CYOtherExpensesAmt036858
IRS990/CYOtherRevenueAmt055127
IRS990/CYProgramServiceRevenueAmt035863
IRS990/CYRevenuesLessExpensesAmt0107351
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0156165
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0263516
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0FUNDS WERE PROVIDED FOR SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO NEEDY STUDENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd01
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0119307
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011000
IRS990/FeesForServicesAccountingGrp/TotalAmt011000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02471
IRS990/FeesForServicesLegalGrp/TotalAmt02471
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt02384
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt02384
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt170.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/PersonNm0KEVIN WALSH
IRS990/Form990PartVIISectionAGrp/PersonNm1WAYNE PERKINS
IRS990/Form990PartVIISectionAGrp/PersonNm2LINCOLN ANDREWS
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT ANZALONE
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN BOUTIN
IRS990/Form990PartVIISectionAGrp/PersonNm5CONRAD MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm6JOSEPH MOSES
IRS990/Form990PartVIISectionAGrp/PersonNm7LISA RHEAULT-SLINEY
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN MULLANEY ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID OFFUTT TRUSTEE
IRS990/Form990PartVIISectionAGrp/PersonNm10KEVIN O'REILLY
IRS990/Form990PartVIISectionAGrp/PersonNm11RUTHANNE RUSSELL
IRS990/Form990PartVIISectionAGrp/PersonNm12MARIA SAMSON
IRS990/Form990PartVIISectionAGrp/PersonNm13CHARLES H TARTAGLIA
IRS990/Form990PartVIISectionAGrp/PersonNm14LESLIE CAVICCHI
IRS990/Form990PartVIISectionAGrp/PersonNm15JAMES MENTON
IRS990/Form990PartVIISectionAGrp/PersonNm16THOMAS CARROLL JR TRUSTEE
IRS990/Form990PartVIISectionAGrp/PersonNm17JAMES RAGAZZO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt069188
IRS990/FundraisingGrossIncomeAmt094315
IRS990/GainOrLossGrp/SecuritiesAmt024185
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt0119307
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0119307
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0119307
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt061121
IRS990/GrossReceiptsAmt0369640
IRS990/GrossRentsGrp/RealAmt030000
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01475
IRS990/InsuranceGrp/TotalAmt01475
IRS990/InterestGrp/ManagementAndGeneralAmt01190
IRS990/InterestGrp/TotalAmt01190
IRS990/InvestmentIncomeGrp/ExclusionAmt01253
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01253
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0539534
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0601258
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0673891
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0673891
IRS990/LandBldgEquipCostOrOtherBssAmt0673891
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt036936
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ASSIST IN SERVING STUDENTS OF MASSASOIT COMMUNITY COLLEGE WHO ARE IN NEED OF FINANCIAL AID AND TO ENRICH OR ADD TO THE FACILITIES, SERVICES, OR PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01682266
IRS990/NetAssetsOrFundBalancesEOYAmt01819065
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt024185
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt024185
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt025127
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt025127
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt030000
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt030000
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt029448
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt010893
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02423
IRS990/OfficeExpensesGrp/TotalAmt02423
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012209
IRS990/OtherExpensesGrp/ProgramServicesAmt03706
IRS990/OtherExpensesGrp/TotalAmt012209
IRS990/OtherExpensesGrp/TotalAmt13706
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KEVIN WALSH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENU
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035863
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035863
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION ASSISTS THE COLLEGE IN ENCOURAGING STUDENTS TO BECOME INVOLVED WITH THE ARTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03706
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02821
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0207397
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0183544
IRS990/PYInvestmentIncomeAmt01556
IRS990/PYOtherExpensesAmt043207
IRS990/PYOtherRevenueAmt061938
IRS990/PYProgramServiceRevenueAmt035893
IRS990/PYRevenuesLessExpensesAmt080033
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0226751
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0306784
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0107351
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt030000
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt033042
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0435906
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0533255
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0147088
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0207397
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt076620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0129713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0158870
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0719688
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt064893
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt052000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt040000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0156893
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt031164
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt030932
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt030821
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt033235
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt035385
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0161537
IRS990ScheduleA/PublicSupportCY170Pct00.84440
IRS990ScheduleA/PublicSupportPY170Pct00.80900
IRS990ScheduleA/PublicSupportTotal170Amt0876581
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0211981
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0259397
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0116620
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0129713
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0158870
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0876581
IRS990ScheduleA/TotalSupportAmt01038118
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01147491
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01193932
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt046441
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01150251
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01147491
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2760
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01139702
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01150251
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt010549
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01084531
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01139702
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt055171
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01046829
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01084531
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt037702
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt054000
IRS990ScheduleD/DonatedServicesUseFcltsAmt054000
IRS990ScheduleD/DonorAdvisedFundsContriAmt00
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt00
IRS990ScheduleD/DonorAdvisedFundsHeldCnt01
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt025735
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0123188
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt02384
IRS990ScheduleD/ExpensesSubtotalAmt0153781
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt02384
IRS990ScheduleD/InvestmentExpensesNotIncldAmt02384
IRS990ScheduleD/LandGrp/BookValueAmt0673891
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0673891
IRS990ScheduleD/NetUnrealizedGainsInvstAmt029448
IRS990ScheduleD/OtherExpensesIncludedAmt069188
IRS990ScheduleD/OtherRevenueAmt069188

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,830,065
Liabilities
$11,000
Net assets
$1,819,065
Revenue
$263,516
Expenses
$156,165
Net income
$107,351
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.66$0.04$2.61$0.62$0.28$0.34
2023Detailed filing. Detailed filing data is available for this year.$2.16$0.02$2.14$0.36$0.26$0.10
2022Detailed filing. Detailed filing data is available for this year.$2.22$0.27$1.95$0.58$1.09$0.51
2021Detailed filing. Detailed filing data is available for this year.$2.86$0.27$2.59$0.65$0.44$0.21
2020Detailed filing. Detailed filing data is available for this year.$2.24$0.01$2.23$0.51$0.21$0.31
2019Detailed filing. Detailed filing data is available for this year.$2.00$0.04$1.96$0.31$0.19$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.87$0.02$1.85$0.40$0.22$0.18
2017Detailed filing. Detailed filing data is available for this year.$1.83$0.01$1.82$0.26$0.16$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.69$0.01$1.68$0.31$0.23$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.61$0.01$1.60$0.20$0.16$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.57$0.01$1.56$0.24$0.25$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.01$1.50$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.01$1.39$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.01$1.38$0.12