Civic Intelligence

Fund for Ucap C/O Urban Collaborative

990 • Fiscal year 2022 • EIN 26-0656828

Jul 01, 2021 to Jun 30, 2022 • Filed on Jul 26, 2024

Organization ProfileWWW.UCAP.ORG
75 Carpenter StreetProvidence, RI 02903

(401) 272-0881

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$4,138,701

Down $933,346 (-18%) from 2021

Net Assets

Down

$4,084,601

Down $986,964 (-19%) from 2021

Liabilities

Up

$54,100

Up $53,618 (+11124%) from 2021

Revenue And Expenses

Revenue

Down

$410,669

Down $113,967 (-22%) from 2021

Expenses

Up

$297,633

Up $17,283 (+6.2%) from 2021

Net Income

Down

$113,036

Down $131,250 (-54%) from 2021

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $3,108,530Liabilities 2015: $11,341Net Assets 2015: $3,097,1892015Assets 2016: $3,186,948Liabilities 2016: $4,093Net Assets 2016: $3,182,8552016Assets 2017: $3,322,252Liabilities 2017: $9,946Net Assets 2017: $3,312,3062017Assets 2018: $4,159,800Liabilities 2018: $10,582Net Assets 2018: $4,149,2182018Assets 2019: $4,546,573Liabilities 2019: $9,578Net Assets 2019: $4,536,9952019Assets 2020: $4,830,919Liabilities 2020: $3,640Net Assets 2020: $4,827,2792020Assets 2021: $5,072,047Liabilities 2021: $482Net Assets 2021: $5,071,5652021Assets 2022: $4,138,701Liabilities 2022: $54,100Net Assets 2022: $4,084,6012022Assets 2024: $6,305,741Liabilities 2024: $1,328,458Net Assets 2024: $4,977,2832024

Highlighted filing

2022

Assets$4,138,701
Liabilities$54,100
Net Assets$4,084,601
Open 2022 Filing

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $381,585Expenses 2015: $306,942Net Income 2015: $74,6432015Revenue 2016: $337,431Expenses 2016: $251,265Net Income 2016: $86,1662016Revenue 2017: $352,547Expenses 2017: $223,096Net Income 2017: $129,4512017Revenue 2018: $1,124,344Expenses 2018: $287,432Net Income 2018: $836,9122018Revenue 2019: $666,609Expenses 2019: $278,832Net Income 2019: $387,7772019Revenue 2020: $507,423Expenses 2020: $217,139Net Income 2020: $290,2842020Revenue 2021: $524,636Expenses 2021: $280,350Net Income 2021: $244,2862021Revenue 2022: $410,669Expenses 2022: $297,633Net Income 2022: $113,0362022Revenue 2024: $1,237,772Expenses 2024: $1,312,822Net Income 2024: -$75,0502024

Highlighted filing

2022

Revenue$410,669
Expenses$297,633
Net Income$113,036
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jul 26, 2024
Return Version
2021v4.2
Gross Receipts
$416,508
Mission and Program Overview

Mission

The fund for ucap ("fund") supports at-risk youth from the urban core of ri by providing enrichment activities, after-school activities, and supplemental services not covered by tuition paid by state and local governments.

The fund for ucap is a private non-profit corporation that raises, holds, and invests funds for the benefit of urban collaborative ("ucap").the organization was established to enhance the flexibility of thoughtful individuals to raise and manage funds to benefit ucap and its students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$3,400,571$3,400,571→ $0
Savings and Temporary Cash Investments-$703,356-
Investments Other Securities$100,000--
Pledges and Grants Receivable$64,470--
Prepaid Expenses and Deferred Charges$50$16,209▲ $16,159
Land, Buildings, and Equipment, Net$2,670$12,017▲ $9,347
Cash and Non-Interest-Bearing Accounts$1,457,286$6,548▼ $1,450,738
Total Assets$5,072,047$4,138,701▼ $933,346
Other Assets Total$47,000$0▼ $47,000
Liabilities
Other Liabilities$0$53,000▲ $53,000
Accounts Payable and Accrued Expenses$482$1,100▲ $618
Total Liabilities$482$54,100▲ $53,618
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,071,565$4,084,601▼ $986,964
Total Net Assets Fund Balance$5,071,565$4,084,601▼ $986,964
Total Liabilities and Net Assets / Fund Balance$5,072,047$4,138,701▼ $933,346

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,017$19,500$31,517
Investment Program Related Org$3,400,571--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Michael FinleyPresident (until 6/30/21)PT$123,779$123,779

Board Members and Trustees

NameTitle
Gib ConoverChair
Lynn PrentissPresident (as of 12/2021)
Paula DebloisVice Chair
David HaffenrefferVice President
Andrea JosephBoard Member
Brucie HarveyBoard Member
Court CorreiaBoard Member
Dan CorleyBoard Member
Princess Sirleaf BombaBoard Member
William JenningsBoard Member
Douglas GraySecretary
Gary FriedmannTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$355,747
Program Service Revenue
$0
Investment Income
$273
Other Revenue
$54,649
All Other Contributions
$355,747
Change in Net Assets
$113,036
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$297,633
Total Fundraising Expense$146,610
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising--$72,784$72,784
Office Expenses-$10,541-$10,541
Fees for Services Accounting-$8,250-$8,250
Other Expenses$104,721$22,470$7,599$7,599
Occupancy-$3,246-$3,246
All Other Expenses-$1,795-$1,795
Total Functional Expenses$104,721$46,302$146,610$297,633
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$60,488
Fundraising Direct Expenses$5,839
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Red & Black Spring Social$60,488$60,488$2,546$57,942
Total Events$60,488$60,488$5,839$54,649
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$53,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 5

“During the year ended june 30, 2022, the fund became aware that an employee of urban collaborative was misappropriating funds. The employee was terminated, and an investigation commenced. The fund identified $1,000,000 of alleged misappropriated funds. The fund is pursuing legal action against the collaborative's former employee as well.”

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

“The form 990 is prepared by the organization's certified public accountants. A draft of the form 990 is submitted to the president and committee for review. Upon acceptance, the form 990 is submitted to the appropriate individual for signature and filing.”

Form 990, Part VI, Section B, Line 12C

“Each member of the board is familiar with the vendors and is asked to disclose any conflict of interests with vendors and any other directors.”

Form 990, Part VI, Section C, Line 19

“The fund makes its governing documents available to the public upon request at its office.”

Filing and Contact Details

Filer

Filer Name
Fund for Ucap
EIN
26-0656828
Phone
4012720881
Address
75 CARPENTER STREET, PROVIDENCE, RI 02903

Signing Officer

Name
Lynn Prentiss
Title
Executive Director
Phone
4012720881
Signed
2024-07-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynn Prentiss
Formed
2008
Legal Domicile
Ri
Voting Board Members
12
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Nichole Reilly CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

FORM 990, PART I:

“The organization is filing an amended return for 6/30/2022 due to updated financial statements being issued. Included in the amended form 990 is: an update to revenue amounts on page 9 an update to the balance sheet amounts on page 11 an update to reconciling items on page 12 an update to schedule a amounts an update to schedule g amounts”

FORM 990, PART XI, LINE 9:

“Misappropriation of assets -1,000,000.”

FORM 990, PART XII, LINE 2C:

“The audit oversight and selection process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The funds account for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the combining financial statements regarding a tax position taken or expected to be taken in a tax return. The funds have determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the combining financial statements at june 30, 2022. The funds' information returns are subject to examination by the federal and state jurisdictions.”

Raw XML AppendixShowing 400 of 480 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/BOYAmt0482
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01100
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE FUND FOR UCAP IS A PRIVATE NON-PROFIT CORPORATION THAT RAISES, HOLDS, AND INVESTS FUNDS FOR THE BENEFIT OF URBAN COLLABORATIVE ("UCAP").THE ORGANIZATION WAS ESTABLISHED TO ENHANCE THE FLEXIBILITY OF THOUGHTFUL INDIVIDUALS TO RAISE AND MANAGE FUNDS TO BENEFIT UCAP AND ITS STUDENTS.
IRS990/AdvertisingGrp/FundraisingAmt072784
IRS990/AdvertisingGrp/TotalAmt072784
IRS990/AllOtherContributionsAmt0355747
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01795
IRS990/AllOtherExpensesGrp/TotalAmt01795
IRS990/AmendedReturnInd0X
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LYNN PRENTISS
IRS990/BooksInCareOfDetail/PhoneNum04012720881
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt075 CARPENTER STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0PROVIDENCE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002903
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01457286
IRS990/CashNonInterestBearingGrp/EOYAmt06548
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0355747
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0273
IRS990/CYOtherExpensesAmt0297633
IRS990/CYOtherRevenueAmt054649
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0113036
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0297633
IRS990/CYTotalFundraisingExpenseAmt0146610
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0410669
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE FUND ENHANCES THE FLEXIBILITY OF THOUGHTFUL INDIVIDUALS TO RAISE AND MANAGE FUNDS TO BENEFIT URBAN COLLABORATIVE AND ITS STUDENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0104721
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08250
IRS990/FeesForServicesAccountingGrp/TotalAmt08250
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt135.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt025424
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/PersonNm0MICHAEL FINLEY
IRS990/Form990PartVIISectionAGrp/PersonNm1LYNN PRENTISS
IRS990/Form990PartVIISectionAGrp/PersonNm2PAULA DEBLOIS
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID HAFFENREFFER
IRS990/Form990PartVIISectionAGrp/PersonNm4GARY FRIEDMANN
IRS990/Form990PartVIISectionAGrp/PersonNm5DOUGLAS GRAY
IRS990/Form990PartVIISectionAGrp/PersonNm6GIB CONOVER
IRS990/Form990PartVIISectionAGrp/PersonNm7DAN CORLEY
IRS990/Form990PartVIISectionAGrp/PersonNm8COURT CORREIA
IRS990/Form990PartVIISectionAGrp/PersonNm9WILLIAM JENNINGS
IRS990/Form990PartVIISectionAGrp/PersonNm10BRUCIE HARVEY
IRS990/Form990PartVIISectionAGrp/PersonNm11ANDREA JOSEPH
IRS990/Form990PartVIISectionAGrp/PersonNm12PRINCESS SIRLEAF BOMBA
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/ReportableCompFromRltdOrgAmt098355
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/TitleTxt0PRESIDENT (UNTIL 6/30/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT (AS OF 12/2021)
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt05839
IRS990/FundraisingGrossIncomeAmt060488
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0416508
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0273
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0273
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0100000
IRS990/InvestmentsProgramRelatedGrp/BOYAmt03400571
IRS990/InvestmentsProgramRelatedGrp/EOYAmt03400571
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt019500
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02670
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012017
IRS990/LandBldgEquipCostOrOtherBssAmt031517
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd01
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FUND FOR UCAP ("FUND") SUPPORTS AT-RISK YOUTH FROM THE URBAN CORE OF RI BY PROVIDING ENRICHMENT ACTIVITIES, AFTER-SCHOOL ACTIVITIES, AND SUPPLEMENTAL SERVICES NOT COVERED BY TUITION PAID BY STATE AND LOCAL GOVERNMENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05071565
IRS990/NetAssetsOrFundBalancesEOYAmt04084601
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt054649
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt054649
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05071565
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04084601
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03246
IRS990/OccupancyGrp/TotalAmt03246
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010541
IRS990/OfficeExpensesGrp/TotalAmt010541
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt047000
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-1000000
IRS990/OtherExpensesGrp/Desc0STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc1FUNDRAISING
IRS990/OtherExpensesGrp/Desc2BAD DEBT
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/FundraisingAmt066227
IRS990/OtherExpensesGrp/FundraisingAmt17599
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt022470
IRS990/OtherExpensesGrp/ProgramServicesAmt0104721
IRS990/OtherExpensesGrp/TotalAmt0104721
IRS990/OtherExpensesGrp/TotalAmt166227
IRS990/OtherExpensesGrp/TotalAmt222470
IRS990/OtherExpensesGrp/TotalAmt37599
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt053000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt064470
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt050
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016209
IRS990/PrincipalOfficerNm0LYNN PRENTISS
IRS990/PriorPeriodAdjustmentsAmt0-100000
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0518333
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt026336
IRS990/PYInvestmentIncomeAmt06303
IRS990/PYOtherExpensesAmt0164454
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0244286
IRS990/PYSalariesCompEmpBnftPaidAmt089560
IRS990/PYTotalExpensesAmt0280350
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0524636
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0113036
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0703356
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0355747
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0518333
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0492876
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0561388
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01072821
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03001165
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0273
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06303
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt014547
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt027739
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010303
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt059165
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.81420
IRS990ScheduleA/PublicSupportPY170Pct00.75730
IRS990ScheduleA/PublicSupportTotal170Amt02491685
IRS990ScheduleA/SubstantialContributorsTotAmt0509480
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0355747
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0518333
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0492876
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0561388
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01072821
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03001165
IRS990ScheduleA/TotalSupportAmt03060330
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/EquipmentGrp/BookValueAmt012017
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019500
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031517
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt03400571
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN SUBSIDIARY FUND FOR UCAP REALTY
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt053000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FUNDS ACCOUNT FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE COMBINING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FUNDS HAVE DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE COMBINING FINANCIAL STATEMENTS AT JUNE 30, 2022. THE FUNDS' INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012017
IRS990ScheduleD/TotalBookValueProgramRltdAmt03400571
IRS990ScheduleD/TotalLiabilityAmt053000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt05839
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RED & BLACK SPRING SOCIAL
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt03293
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03293
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt060488
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt060488
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt060488
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt060488
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt054649
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02546
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02546
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS FILING AN AMENDED RETURN FOR 6/30/2022 DUE TO UPDATED FINANCIAL STATEMENTS BEING ISSUED. INCLUDED IN THE AMENDED FORM 990 IS: AN UPDATE TO REVENUE AMOUNTS ON PAGE 9 AN UPDATE TO THE BALANCE SHEET AMOUNTS ON PAGE 11 AN UPDATE TO RECONCILING ITEMS ON PAGE 12 AN UPDATE TO SCHEDULE A AMOUNTS AN UPDATE TO SCHEDULE G AMOUNTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DURING THE YEAR ENDED JUNE 30, 2022, THE FUND BECAME AWARE THAT AN EMPLOYEE OF URBAN COLLABORATIVE WAS MISAPPROPRIATING FUNDS. THE EMPLOYEE WAS TERMINATED, AND AN INVESTIGATION COMMENCED. THE FUND IDENTIFIED $1,000,000 OF ALLEGED MISAPPROPRIATED FUNDS. THE FUND IS PURSUING LEGAL ACTION AGAINST THE COLLABORATIVE'S FORMER EMPLOYEE AS WELL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PREPARED BY THE ORGANIZATION'S CERTIFIED PUBLIC ACCOUNTANTS. A DRAFT OF THE FORM 990 IS SUBMITTED TO THE PRESIDENT AND COMMITTEE FOR REVIEW. UPON ACCEPTANCE, THE FORM 990 IS SUBMITTED TO THE APPROPRIATE INDIVIDUAL FOR SIGNATURE AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH MEMBER OF THE BOARD IS FAMILIAR WITH THE VENDORS AND IS ASKED TO DISCLOSE ANY CONFLICT OF INTERESTS WITH VENDORS AND ANY OTHER DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FUND MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT ITS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MISAPPROPRIATION OF ASSETS -1,000,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE AUDIT OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0URBAN COLLABORATIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1FUND FOR UCAP REALTY COMPANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0050448102
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1455298826
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SECONDARY SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORTING ORGANIZATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt075 CARPENTER STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt175 CARPENTER STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PROVIDENCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1PROVIDENCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002903
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd102903
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,138,701
Liabilities
$54,100
Net assets
$4,084,601
Revenue
$410,669
Expenses
$297,633
Net income
$113,036
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.31$1.33$4.98$1.24$1.31$0.08
2022Detailed filing. Detailed filing data is available for this year.$4.14$0.05$4.08$0.41$0.30$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.07$0.00$5.07$0.52$0.28$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.83$0.00$4.83$0.51$0.22$0.29
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.55$0.01$4.54$0.67$0.28$0.39
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.16$0.01$4.15$1.12$0.29$0.84
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.32$0.01$3.31$0.35$0.22$0.13
2016Detailed filing. Detailed filing data is available for this year.$3.19$0.00$3.18$0.34$0.25$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.11$0.01$3.10$0.38$0.31$0.07