Civic Intelligence

Westborough Historical Society

EIN 23-7219755 • 501(c)3 • Westborough, MA

Profile

To study, educate, collect and preserve historical records and artifacts for the town of Westborough, MA

13 Parkman StreetWestborough, MA 01581

n/A

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

88th percentile

46%

Higher net margin than 88% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

47th percentile

2.0%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Assets

Up

$595,183

Up $11,930 (+2.0%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$595,183

Up $11,930 (+2.0%) from 2022

Revenue

Up

$24,304

Up $25,068 (+3281%) from 2022

Expenses

Down

$13,037

Down $6,254 (-32%) from 2022

Net Income

Up

$11,267

Up $31,322 (+156%) from 2022

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $484,742Liabilities 2010: $247Net Assets 2010: $484,4952010Assets 2011: $506,459Liabilities 2011: $195Net Assets 2011: $506,2642011Assets 2012: $526,310Liabilities 2012: $0Net Assets 2012: $526,3102012Assets 2013: $542,831Liabilities 2013: $0Net Assets 2013: $542,8312013Assets 2014: $541,711Liabilities 2014: $0Net Assets 2014: $541,7112014Assets 2015: $534,499Liabilities 2015: $0Net Assets 2015: $534,4992015Assets 2016: $520,705Liabilities 2016: $0Net Assets 2016: $520,7052016Assets 2017: $541,018Liabilities 2017: $0Net Assets 2017: $541,0182017Assets 2018: $547,453Liabilities 2018: $0Net Assets 2018: $547,4532018Assets 2019: $559,336Liabilities 2019: $0Net Assets 2019: $559,3362019Assets 2020: $586,478Liabilities 2020: $0Net Assets 2020: $586,4782020Assets 2021: $640,478Liabilities 2021: $0Net Assets 2021: $640,4782021Assets 2022: $583,253Liabilities 2022: $0Net Assets 2022: $583,2532022Assets 2023: $595,183Liabilities 2023: $0Net Assets 2023: $595,1832023

Highlighted filing

2023

Assets$595,183
Liabilities$0
Net Assets$595,183

Operations Trend

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

$40K$20K$0-$20K-$40KRevenue 2010: $23,767Expenses 2010: $13,603Net Income 2010: $10,1642010Expenses 2011: $15,7722011Expenses 2012: $14,9792012Revenue 2013: $18,342Expenses 2013: $14,539Net Income 2013: $3,8032013Revenue 2014: $21,852Expenses 2014: $17,836Net Income 2014: $4,0162014Revenue 2015: $22,432Expenses 2015: $15,305Net Income 2015: $7,1272015Revenue 2016: $19,962Expenses 2016: $14,049Net Income 2016: $5,9132016Revenue 2017: $22,320Expenses 2017: $14,501Net Income 2017: $7,8192017Revenue 2018: $23,561Expenses 2018: $18,149Net Income 2018: $5,4122018Revenue 2019: $19,415Expenses 2019: $18,787Net Income 2019: $6282019Revenue 2020: $24,812Expenses 2020: $12,470Net Income 2020: $12,3422020Revenue 2021: $28,857Expenses 2021: $33,041Net Income 2021: -$4,1842021Revenue 2022: -$764Expenses 2022: $19,291Net Income 2022: -$20,0552022Revenue 2023: $24,304Expenses 2023: $13,037Net Income 2023: $11,2672023

Highlighted filing

2023

Revenue$24,304
Expenses$13,037
Net Income$11,267

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.95$0.00$5.95$0.24$0.13$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.83$0.00$5.83$0.01$0.19$0.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.40$0.00$6.40$0.29$0.33$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.86$0.00$5.86$0.25$0.12$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.59$0.00$5.59$0.19$0.19$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.47$0.00$5.47$0.24$0.18$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.41$0.00$5.41$0.22$0.15$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.21$0.00$5.21$0.20$0.14$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.34$0.00$5.34$0.22$0.15$0.07
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.42$0.00$5.42$0.22$0.18$0.04
2013Detailed filing. Detailed filing data is available for this year.$5.43$0.00$5.43$0.18$0.15$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.26$0.00$5.26$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.06$0.00$5.06$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.85$0.00$4.84$0.24$0.14$0.10
Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$29,885
Mission and Program Overview

Mission

To study, educate, collect and preserve historical records and antiques for the town of westborough, ma

To study, educate, collect and preserve historical records and artifacts for the town of Westborough, MA

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$147,164$119,612▼ $27,552
Cash and Non-Interest-Bearing Accounts$38,103$45,696▲ $7,593
Land, Buildings, and Equipment, Net$40,000$40,000→ $0
Savings and Temporary Cash Investments$18,378$18,389▲ $11
Accounts Receivable$17,194$15,851▼ $1,343
Total Assets$640,478$583,253▼ $57,225
Other Assets Total$379,639$343,705▼ $35,934
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$578,467$469,810▼ $108,657
Net Assets Without Donor Restrictions$62,011$113,443▲ $51,432
Total Net Assets Fund Balance$640,478$583,253▼ $57,225
Total Liabilities and Net Assets / Fund Balance$640,478$583,253▼ $57,225

Asset Categories

AssetBook ValueDepreciationBasis
Buildings-$168,172$168,172
Land$40,000-$40,000
Other Land Buildings-$2,873$2,873
Other Assets Org$343,705--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$486,685$17,194▲ $57,518-$561,397
2020$463,804$17,272▲ $5,609-$486,685
2019$452,027$13,729▼ $1,952-$463,804
2018$426,396$16,279▲ $9,352-$452,027
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$22,939
Program Service Revenue
$1,302
Investment Income
$-25,005
Other Revenue
$0
All Other Contributions
$22,294
Change in Net Assets
$-20,055
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,291
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance-$3,008-$3,008
Occupancy-$1,993-$1,993
Office Expenses-$599-$599
Advertising-$420-$420
Fees for Services Accounting-$354-$354
Other Expenses$3,462$152-$152
Total Functional Expenses$11,480$7,811$0$19,291
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Yes
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The form is reviewed by the president and the treasurer. A copy of the form is not provided to the board for review and approval before filing.

Governing documents etc available to public Part VI line 19

These documents are made available upon request by agencies and individuals thatrequire them.

Filing and Contact Details

Filer

Filer Name
Westborough Historical Society
EIN
23-7219755
Address
13 Parkman Street, Westborough, MA 01581

Signing Officer

Name
Philomina Feighan
Title
Director
Phone
5088980975
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1889
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
In The Black Inc
Address
47 South St, Westborough, MA 01581
Preparer
Joann
Phone
5086160166
Supplemental Narrative

Financial Statement Notes

Not reporting collections (Part III, line 1A)

The societys collections consist of furnishings and other accessions of the 18th through 20th centuries. These items are displayed for education and cultural purposes. The collections, which were primarily aquired through contributions and some purchases made since the societys inception, are not recognized as assets on the accompanying Statements of Financial Position. Purchases of collection items are recorded as expenses in the year in which the items are acquired. Proceeds from de-accessions or insurance recoveries are reflected as revenue.

Raw XML AppendixShowing 400 of 409 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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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03882
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05587
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IRS990ScheduleA/InvestmentIncomeCYPct00.25000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt015533
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt017520
IRS990ScheduleA/Total509Grp/TotalAmt094530
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt029886
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt028857
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt024812
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt019415
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt023107
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0126077
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0168172
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0168172
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IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedLoanOrExchProgInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0486685
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt017194
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0561397
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0463804
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0343705
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Beneficial Interest in Trust
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02873
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The societys collections consist of furnishings and other accessions of the 18th through 20th centuries. These items are displayed for education and cultural purposes. The collections, which were primarily aquired through contributions and some purchases made since the societys inception, are not recognized as assets on the accompanying Statements of Financial Position. Purchases of collection items are recorded as expenses in the year in which the items are acquired. Proceeds from de-accessions or insurance recoveries are reflected as revenue.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Not reporting collections (Part III, line 1a)
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The form is reviewed by the president and the treasurer. A copy of the form is not provided to the board for review and approval before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1These documents are made available upon request by agencies and individuals thatrequire them.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt011480
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IRS990/TotalProgramServiceRevenueAmt01302
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-764
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IRS990/TotalVolunteersCnt08
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Philomina Feighan
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum05088980975
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Westborough Historical Society
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0237219755
ReturnHeader/Filer/USAddress/AddressLine1Txt013 Parkman Street
ReturnHeader/Filer/USAddress/CityNm0Westborough
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001581
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043281971
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0In The Black Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt047 South St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Westborough
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001581
ReturnHeader/PreparerPersonGrp/PhoneNum05086160166

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