Civic Intelligence

Interise Inc.

990 • Fiscal year 2018 • EIN 26-3011769

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 19, 2019

Organization ProfileWWW.INTERISE.ORG
197 Portland Street 2nd FloorBoston, MA 02114

(617) 350-6300

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.09x

Higher debt load relative to assets than 93% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

69th percentile

0.27x

Higher debt load relative to revenue than 69% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

33rd percentile

-2.1%

Higher net margin than 33% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

95th percentile

$348,637

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

79th percentile

16%

Faster asset growth than 79% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

72nd percentile

17%

Faster revenue growth than 72% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$913,221

Up $124,664 (+16%) from 2017

Net Assets

Down

-$77,954

Down $28,276 (-57%) from 2017

Liabilities

Up

$991,175

Up $152,940 (+18%) from 2017

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin33rd percentile

Revenue

Up

$3,664,880

Up $538,132 (+17%) from 2017

Expenses

Down

$3,741,492

Down $122,355 (-3.2%) from 2017

Net Income

Up

-$76,612

Up $660,487 (+90%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $892,425Liabilities 2011: $172,586Net Assets 2011: $719,8392011Assets 2012: $881,725Liabilities 2012: $99,153Net Assets 2012: $782,5722012Assets 2013: $710,358Liabilities 2013: $186,064Net Assets 2013: $524,2942013Assets 2014: $1,054,528Liabilities 2014: $180,976Net Assets 2014: $873,5522014Assets 2015: $1,656,066Liabilities 2015: $194,473Net Assets 2015: $1,461,5932015Assets 2016: $1,574,810Liabilities 2016: $362,833Net Assets 2016: $1,211,9772016Assets 2017: $788,557Liabilities 2017: $838,235Net Assets 2017: -$49,6782017Assets 2018: $913,221Liabilities 2018: $991,175Net Assets 2018: -$77,9542018Assets 2019: $1,371,348Liabilities 2019: $1,320,135Net Assets 2019: $51,2132019Assets 2020: $1,616,147Liabilities 2020: $1,961,476Net Assets 2020: -$345,3292020Assets 2021: $1,805,112Liabilities 2021: $777,776Net Assets 2021: $1,027,3362021Assets 2022: $2,414,777Liabilities 2022: $2,034,726Net Assets 2022: $380,0512022Assets 2023: $1,401,799Liabilities 2023: $2,035,304Net Assets 2023: -$633,5052023

Highlighted filing

2018

Assets$913,221
Liabilities$991,175
Net Assets-$77,954
Open 2018 Filing

Operations Trend

Revenue Growth72nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,823,0182011Expenses 2012: $2,063,3412012Revenue 2013: $1,846,607Expenses 2013: $2,104,885Net Income 2013: -$258,2782013Revenue 2014: $2,935,150Expenses 2014: $2,585,892Net Income 2014: $349,2582014Revenue 2015: $4,005,916Expenses 2015: $3,417,875Net Income 2015: $588,0412015Revenue 2016: $3,958,002Expenses 2016: $3,764,034Net Income 2016: $193,9682016Revenue 2017: $3,126,748Expenses 2017: $3,863,847Net Income 2017: -$737,0992017Revenue 2018: $3,664,880Expenses 2018: $3,741,492Net Income 2018: -$76,6122018Revenue 2019: $4,727,704Expenses 2019: $4,598,537Net Income 2019: $129,1672019Revenue 2020: $3,119,420Expenses 2020: $3,518,814Net Income 2020: -$399,3942020Revenue 2021: $4,942,070Expenses 2021: $3,556,535Net Income 2021: $1,385,5352021Revenue 2022: $1,953,205Expenses 2022: $2,690,899Net Income 2022: -$737,6942022Revenue 2023: $2,608,242Expenses 2023: $3,340,481Net Income 2023: -$732,2392023

Highlighted filing

2018

Revenue$3,664,880
Expenses$3,741,492
Net Income-$76,612
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 19, 2019
Return Version
2018v3.1
Gross Receipts
$3,664,880
Mission and Program Overview

Mission

To stimulate economic revitalization in lower income communities.

To stimulate economic revitalization in lower income communities

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$181,362$551,815▲ $370,453
Accounts Receivable$47,164$215,370▲ $168,206
Prepaid Expenses and Deferred Charges$114,363$78,017▼ $36,346
Pledges and Grants Receivable$325,000$38,810▼ $286,190
Cash and Non-Interest-Bearing Accounts$120,668$29,209▼ $91,459
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$788,557$913,221▲ $124,664
Liabilities
Deferred Revenue$586,963$616,321▲ $29,358
Accounts Payable and Accrued Expenses$186,272$231,444▲ $45,172
Other Liabilities$65,000$86,150▲ $21,150
Mortgage Notes Payable Secured by Investment Property-$57,260-
Total Liabilities$838,235$991,175▲ $152,940
Net Assets / Fund Balance
Temporarily Rstr Net Assets$469,657$397,610▼ $72,047
Unrestricted Net Assets$-519,335$-475,564▲ $43,771
Total Net Assets Fund Balance$-49,678$-77,954▼ $28,276
Total Liabilities and Net Assets / Fund Balance$788,557$913,221▲ $124,664

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$9,119$9,119
Equipment$0$1,221$1,221
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jean HorstmanCEO (resigned 9/17/18)FT$187,504$161,133$348,637
Lori GordonDirector of Finance & AdministrationFT$118,684$27,403$146,087
John BelchersInterim CEOFT$55,084-$55,084

Board Members and Trustees

NameTitle
Joseph WadlingerChair
Alvaro LimaDirector
Cynthia FranklinDirector
Nick LoweDirector
Ellen ThrasherDirector (elected 2/8/18)
Adriane MusgraveDirector (resigned 4/19/18)
Jeff DicaccioSecretary/clerk
Ashley FrizzellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,152,217
Program Service Revenue
$503,300
Investment Income
$9,363
Other Revenue
$0
All Other Contributions
$484,008
Change in Net Assets
$-76,612

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,664,880
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$35,365
Total Revenue per Audited Statements
$3,700,245
Total Revenue per Form 990
$3,664,880
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,927,204
Other Expenses$1,814,288
Total Fundraising Expense$175,566
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$824,318$172,754$55,789$1,052,861
Current Officers, Directors, Trustees, and Key Employees$231,051$303,123$15,634$549,808
Travel$259,772$323$17,315$277,410
Fees for Services Other$26,607$90,711$53,916$171,234
Other Employee Benefits$88,784$73,882$6,011$168,677
Occupancy$96,615$39,186$6,296$142,097
Payroll Taxes$94,250$29,346$6,379$129,975
All Other Expenses$16,990$32,697$5,817$55,504
Pension Plan Contributions$18,771$5,841$1,271$25,883
Other Expenses$18,145$4,356$946$18,145
Information Technology$12,323$4,036$834$17,193
Conferences and Meetings$12,059-$4,538$16,597
Office Expenses$8,795$2,738$595$12,128
Fees for Services Accounting-$11,600-$11,600
Insurance$3,325$1,036$225$4,586
Fees for Services Legal-$4,383-$4,383
Interest-$2,152-$2,152
Total Functional Expenses$2,787,762$778,164$175,566$3,741,492

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,776,857
Expenses per Audited Statements$3,741,492
Total Expenses per Form 990$3,741,492
Expenses Not Reported on Form 990$35,365
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$86,150
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

“The ceo distributes draft copies of form 990 to the board of directors for review and approval.”

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

“At the annual meeting the conflict of interest policy is reviewed with the board members and the members sign a copy of the policy to acknowledge they have read and will adhere to it. Any transaction involving a board members or an organization owned or controlled by a board member is to be approved by the board of directors in advance.”

Form 990, Part VI, Section B, Line 15

“A compensation committee of the board negotiated the ceo's contract. The ceo assembled compensation comparability data for the board and there is a record of the deliberation process. The board voted on the final salary and contract.”

Form 990, Part VI, Section C, Line 18

“The organization's form 1023 and 990 are available for public inspection upon request at the organization's administrative office.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request at the organization's administrative office.”

Filing and Contact Details

Filer

Filer Name
Interise Inc
EIN
26-3011769
Phone
6173506300
Address
197 PORTLAND STREET 2ND FLOOR, BOSTON, MA 02114

Signing Officer

Name
Darrell Byers
Title
CEO
Phone
6173506300
Signed
2019-08-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Darrell Byers
Formed
2007
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
1,125

Preparer

Firm
Anstiss & Co Pc
Address
1115 WESTFORD STREET, LOWELL, MA 01851
Preparer
Brendan E Toolin Iii
Phone
9784522500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Interise has been granted tax-exempt status under internal revenue code section 501(c)(3) and is, therefore, generally exempt from federal and state income taxes. Accordingly, no provision for income taxes has been provided for in the accompanying financial statements. Asc 740-10, "income taxes," requires interise to evaluate and disclose tax positions that could have an effect on interise's financial statements. Interise reports its activities to the internal revenue service and to the commonwealth of massachusetts on an annual basis. These informational returns are generally subject to audit and review by the governmental agencies for a period of three years after filing. Substantially all of interise's income, expenditures and activities relate to its exempt purpose, therefore, management has determined that interise is not subject to material unrelated business income taxes and will continue to qualify as a tax-exempt not-for-profit entity.”

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IRS990/Desc0INTERISE BUILDS RESILIENT COMMUNITIES. OUR STREETWISE 'MBA' PROVIDES ESTABLISHED SMALL BUSINESS OWNERS IN LOWER INCOME COMMUNITIES WITH THE MANAGEMENT KNOWLEDGE, BUSINESS KNOW-HOW, AND ACCESS TO THE NETWORKS NEEDED FOR FURTHER GROWTH. AS THEIR BUSINESSES GROW, THEY GENERATE NET NEW JOB GROWTH AND DEVELOP INTO COMMUNITY LEADERS. SINCE 2008, INTERISE HAS BEEN THE NATIONAL INSTRUCTIONAL PROVIDER FOR THE SMALL BUSINESS ADMINISTRATION'S EMERGING LEADERS INITIATIVE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR (RESIGNED 4/19/18)
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR (ELECTED 2/8/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt8CEO (RESIGNED 9/17/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR OF FINANCE & ADMINISTRATION
IRS990/Form990PartVIISectionAGrp/TitleTxt10INTERIM CEO
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0INTERISE STIMULATES ECONOMIC REVITALIZATION IN LOWER INCOME COMMUNITIES BY PROVIDING DIVERSE GROUPS OF ESTABLISHED SMALL BUSINESS OWNERS WITH MANAGEMENT EDUCATION, BUSINESS KNOW-HOW, AND ACCESS TO THE NETWORKS NEEDED FOR FURTHER GROWTH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt057260
IRS990/NetAssetsOrFundBalancesBOYAmt0-49678
IRS990/NetAssetsOrFundBalancesEOYAmt0-77954
IRS990/NetUnrelatedBusTxblIncmAmt08070
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt06296
IRS990/OccupancyGrp/ManagementAndGeneralAmt039186
IRS990/OccupancyGrp/ProgramServicesAmt096615
IRS990/OccupancyGrp/TotalAmt0142097
IRS990/OfficeExpensesGrp/FundraisingAmt0595
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02738
IRS990/OfficeExpensesGrp/ProgramServicesAmt08795
IRS990/OfficeExpensesGrp/TotalAmt012128
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt06011
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt073882
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt088784
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0168677
IRS990/OtherExpensesGrp/Desc0INSTRUCTORS
IRS990/OtherExpensesGrp/Desc1CURRICULUM
IRS990/OtherExpensesGrp/Desc2TELECOMMUNICATIONS
IRS990/OtherExpensesGrp/Desc3PROGRAM SUPPLIES AND MA
IRS990/OtherExpensesGrp/FundraisingAmt0946
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04356
IRS990/OtherExpensesGrp/ProgramServicesAmt0816200
IRS990/OtherExpensesGrp/ProgramServicesAmt1245769
IRS990/OtherExpensesGrp/ProgramServicesAmt213988
IRS990/OtherExpensesGrp/ProgramServicesAmt318145
IRS990/OtherExpensesGrp/TotalAmt0816200
IRS990/OtherExpensesGrp/TotalAmt1245769
IRS990/OtherExpensesGrp/TotalAmt219290
IRS990/OtherExpensesGrp/TotalAmt318145
IRS990/OtherLiabilitiesGrp/BOYAmt065000
IRS990/OtherLiabilitiesGrp/EOYAmt086150
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt055789
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0172754
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0824318
IRS990/OtherSalariesAndWagesGrp/TotalAmt01052861
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06379
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt029346
IRS990/PayrollTaxesGrp/ProgramServicesAmt094250
IRS990/PayrollTaxesGrp/TotalAmt0129975
IRS990/PensionPlanContributionsGrp/FundraisingAmt01271
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05841
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt018771
IRS990/PensionPlanContributionsGrp/TotalAmt025883
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0325000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt038810
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0114363
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt078017
IRS990/PrincipalOfficerNm0DARRELL BYERS
IRS990/PriorPeriodAdjustmentsAmt048336
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0511190
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/Desc0LICENSEE FEES
IRS990/ProgramServiceRevenueGrp/Desc1TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0477500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0477500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt125800
IRS990/ProgSrvcAccomActy2Grp/Desc0IN ORDER TO SCALE INTERISE'S MISSION NATIONALLY, INTERISE HAS SINCE 2010 LICENSED THE USE OF ITS EDUCATIONAL PROGRAMS TO A NETWORK OF PARTNERS. LICENSING ALLOWS INTERISE TO SCALE RAPIDLY, WHILE ENSURING CONTINUING QUALITY AND IMPACT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0604842
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0477500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02562181
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01805
IRS990/PYOtherExpensesAmt02031540
IRS990/PYOtherRevenueAmt08737
IRS990/PYProgramServiceRevenueAmt0554025
IRS990/PYRevenuesLessExpensesAmt0-737099
IRS990/PYSalariesCompEmpBnftPaidAmt01832307
IRS990/PYTotalExpensesAmt03863847
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03126748
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-76612
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt025800
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0181362
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0551815
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03152217
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02562181
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03564320
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03281536
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02370416
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt014930670
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09363
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01805
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt030
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011208
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02434648
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt013305
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt08514
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt014141
IRS990ScheduleA/OtherIncome170Grp/TotalAmt035960
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89850
IRS990ScheduleA/PublicSupportPY170Pct00.93090
IRS990ScheduleA/PublicSupportTotal170Amt013457672
IRS990ScheduleA/SubstantialContributorsTotAmt01472998
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03152217
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02562181
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03564320
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03281536
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02370416
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt014930670
IRS990ScheduleA/TotalSupportAmt014977838
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt035365
IRS990ScheduleD/DonatedServicesUseFcltsAmt035365
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01221
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01221
IRS990ScheduleD/ExpensesNotReportedAmt035365
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03741492
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09119
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09119
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt086150
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE ADVANCE
IRS990ScheduleD/RevenueNotReportedAmt035365
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03664880
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INTERISE HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. ASC 740-10, "INCOME TAXES," REQUIRES INTERISE TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON INTERISE'S FINANCIAL STATEMENTS. INTERISE REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF INTERISE'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT INTERISE IS NOT SUBJECT TO MATERIAL UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt03741492
IRS990ScheduleD/TotalLiabilityAmt086150
IRS990ScheduleD/TotalRevenuePerForm990Amt03664880
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03700245
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03776857
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0187504
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt0138744
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt022389
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JEAN HORSTMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO (RESIGNED 9/17/18)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0348637
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0A COMPENSATION COMMITTEE OF THE BOARD NEGOTIATED THE CEO'S CONTRACT. THE CEO ASSEMBLED COMPENSATION COMPARABILITY DATA FOR THE BOARD AND THERE IS A RECORD OF THE DELIBERATION PROCESS. THE BOARD VOTED ON THE FINAL SALARY AND CONTRACT.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$913,221
Liabilities
$991,175
Net assets
-$77,954
Revenue
$3,664,880
Expenses
$3,741,492
Net income
-$76,612
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$2.04$0.63$2.61$3.34$0.73
2022Detailed filing. Detailed filing data is available for this year.$2.41$2.03$0.38$1.95$2.69$0.74
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$0.78$1.03$4.94$3.56$1.39
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$1.96$0.35$3.12$3.52$0.40
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$1.32$0.05$4.73$4.60$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.91$0.99$0.08$3.66$3.74$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.79$0.84$0.05$3.13$3.86$0.74
2016Detailed filing. Detailed filing data is available for this year.$1.57$0.36$1.21$3.96$3.76$0.19
2015Detailed filing. Detailed filing data is available for this year.$1.66$0.19$1.46$4.01$3.42$0.59
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.18$0.87$2.94$2.59$0.35
2013Detailed filing. Detailed filing data is available for this year.$0.71$0.19$0.52$1.85$2.10$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.10$0.78$2.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.17$0.72$1.82