Civic Intelligence

Patrick Donnelly Foundation Inc

EIN 27-0364009 • 501(c)3 • Fiskdale, MA

Profile

To honor the life of patrick e. Donnelly and his spirited compassion for learning and to be educated. To award scholarships to selected, qualified applicants who demonstrate themselves to be deserving, college bound, high school seniors so as to further their higher education. The corporation's vision and purpose is to continue patrick donnelly's memory for increased education and enlightenment through special fundraising events, donations and scholarship awards.

54 Westwood DriveFiskdale, MA 01566

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2015

Net Margin

Score unavailable

No value available

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

Source year 2015

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

14th percentile

-65%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$3,844

Down $7,273 (-65%) from 2014

Liabilities

Flat

$0

Flat from 2014

Net Assets

Down

$3,844

Down $7,273 (-65%) from 2014

Revenue

Down

$0

Down $1,173 (-100%) from 2014

Expenses

Down

$7,273

Down $262 (-3.5%) from 2014

Net Income

Down

-$7,273

Down $911 (-14%) from 2014

Trend Graphs

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2010: $15,737Liabilities 2010: $0Net Assets 2010: $15,7372010Assets 2011: $23,291Liabilities 2011: $0Net Assets 2011: $23,2912011Assets 2013: $17,479Liabilities 2013: $0Net Assets 2013: $17,4792013Assets 2014: $11,117Liabilities 2014: $0Net Assets 2014: $11,1172014Assets 2015: $3,844Liabilities 2015: $0Net Assets 2015: $3,8442015

Highlighted filing

2015

Assets$3,844
Liabilities$0
Net Assets$3,844

Operations Trend

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

$15K$10K$5.0K$0-$5.0K-$10KExpenses 2010: $7,0502010Expenses 2011: $10,2312011Expenses 2013: $8,6702013Revenue 2014: $1,173Expenses 2014: $7,535Net Income 2014: -$6,3622014Revenue 2015: $0Expenses 2015: $7,273Net Income 2015: -$7,2732015

Highlighted filing

2015

Revenue$0
Expenses$7,273
Net Income-$7,273

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2014 to May 31, 2015
Signed
Oct 20, 2015
Return Version
2014v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

To honor the life of patrick e. Donnelly and his spirited compassion for learning and to be educated. To award scholarships to selected, qualified applicants who demonstrate themselves to be deserving, college bound, high school seniors so as to further their higher education. The corporation's vision and purpose is to continue patrick donnelly's memory for increased education and enlightenment through special fundraising events, donations and scholarship awards.

To honor the life of patrick e. Donnelly and his spirited compassion for learning and drive to be educated. To award scholarships to selected applicants who demonstrate themselves to be deserving,college bound,high school seniors so as to further their higher education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,117$3,844▼ $7,273
Total Assets$11,117$3,844▼ $7,273
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$11,117$3,844▼ $7,273
Total Net Assets Fund Balance$11,117$3,844▼ $7,273
Total Liabilities and Net Assets / Fund Balance$11,117$3,844▼ $7,273
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kathleen HorriganPresident, Treasurer and D
Patrick HorriganVice President and Director
Michael HorriganClerk and Director
Dawn WetherbeeDirector
Justin D GarfieldDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-7,273
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,000
Other Expenses$2,273
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$5,000--$5,000
Fees for Services Accounting-$403-$403
Insurance-$159-$159
Other Expenses-$54-$54
Total Functional Expenses$5,000$2,273$0$7,273
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
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Kathleen horrigan's son is patrick donnelly for whom this organization is named after. Kathleen horrigan is the president, treasurer and a director of the organization. The vice president & director, patrick horrigan is a nephew of kathleen horrigan. The clerk & director, michael horrigan is a nephew of kathleen horrigan. Dawn wetherbee serves as a director and is a niece of kathleen horrigan. Patrick and michael horrigan and dawn wetherbee are all siblings.

Form 990, Part VI, Section A, Line 6

The organization has members which consist of officers and directors. The corporation has a board consisting of directors who have the power and duties of a board of directors under massachusetts law. The officers of the corporation are a president, treasurer, clerk and such other officers as the board shall elect. The board of directors may designate persons or groups of persons as sponsors, benefactors, contributors, advisors or friends of the corporation or such other title as they deem appropriate.

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

The organization has members who may elect one or more members of the governing body. The board of directors may appoint by majority vote their membership, a scholarship committee to consist of five members of the board. The term of the scholarship committee members, shall be one year from the date of appointment.

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

The directors are responsible for the general management and supervision of the business and affairs of the corporation except with respect to those powers reserved to the members by law, the articles of organization or the bylaws. The board of directors may from time to time, to the extent permitted by law, delegate any of its powers to committees, subject to such limitations as the board of directors may impose.

Form 990, Part VI, Section B, Line 11

The organization's governing body reviews the form 990 and then an officer of the committee signs the form 990 to submit it to the internal revenue service.

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

The organization recently adopted a conflict of interest policy. The organization intends to regulate and consistently monitor and enforce this policy through daily observations by its president, discussions and board meetings and consultation with the organization's legal counsel and accountants.

Form 990, Part VI, Section C, Line 19

The organization has a conflict of interest policy and this was adopted when the by laws were created. The governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Patrick Donnelly Foundation Inc
EIN
27-0364009
Phone
5087368120
Address
12 OLD TOWNE WAY, FISKDALE, MA 01518

Signing Officer

Name
Kathleen Horrigan
Title
President, Treasurer and Director
Phone
5087368120
Signed
2015-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Horrigan
Formed
2009
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
BENEDETTO GEAGAN AND KING CPA'S
Address
PO BOX 1069, NORTHBOROUGH, MA 01532
Preparer
Christopher J King
Phone
5083937264
Raw XML Appendix291 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0TO HONOR THE LIFE OF PATRICK E. DONNELLY AND HIS SPIRITED COMPASSION FOR LEARNING AND DRIVE TO BE EDUCATED. TO AWARD SCHOLARSHIPS TO SELECTED APPLICANTS WHO DEMONSTRATE THEMSELVES TO BE DESERVING,COLLEGE BOUND,HIGH SCHOOL SENIORS SO AS TO FURTHER THEIR HIGHER EDUCATION.
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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/MissionDesc0TO HONOR THE LIFE OF PATRICK E. DONNELLY AND HIS SPIRITED COMPASSION FOR LEARNING AND TO BE EDUCATED. TO AWARD SCHOLARSHIPS TO SELECTED, QUALIFIED APPLICANTS WHO DEMONSTRATE THEMSELVES TO BE DESERVING, COLLEGE BOUND, HIGH SCHOOL SENIORS SO AS TO FURTHER THEIR HIGHER EDUCATION. THE CORPORATION'S VISION AND PURPOSE IS TO CONTINUE PATRICK DONNELLY'S MEMORY FOR INCREASED EDUCATION AND ENLIGHTENMENT THROUGH SPECIAL FUNDRAISING EVENTS, DONATIONS AND SCHOLARSHIP AWARDS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KATHLEEN HORRIGAN'S SON IS PATRICK DONNELLY FOR WHOM THIS ORGANIZATION IS NAMED AFTER. KATHLEEN HORRIGAN IS THE PRESIDENT, TREASURER AND A DIRECTOR OF THE ORGANIZATION. THE VICE PRESIDENT & DIRECTOR, PATRICK HORRIGAN IS A NEPHEW OF KATHLEEN HORRIGAN. THE CLERK & DIRECTOR, MICHAEL HORRIGAN IS A NEPHEW OF KATHLEEN HORRIGAN. DAWN WETHERBEE SERVES AS A DIRECTOR AND IS A NIECE OF KATHLEEN HORRIGAN. PATRICK AND MICHAEL HORRIGAN AND DAWN WETHERBEE ARE ALL SIBLINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS WHICH CONSIST OF OFFICERS AND DIRECTORS. THE CORPORATION HAS A BOARD CONSISTING OF DIRECTORS WHO HAVE THE POWER AND DUTIES OF A BOARD OF DIRECTORS UNDER MASSACHUSETTS LAW. THE OFFICERS OF THE CORPORATION ARE A PRESIDENT, TREASURER, CLERK AND SUCH OTHER OFFICERS AS THE BOARD SHALL ELECT. THE BOARD OF DIRECTORS MAY DESIGNATE PERSONS OR GROUPS OF PERSONS AS SPONSORS, BENEFACTORS, CONTRIBUTORS, ADVISORS OR FRIENDS OF THE CORPORATION OR SUCH OTHER TITLE AS THEY DEEM APPROPRIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS MEMBERS WHO MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. THE BOARD OF DIRECTORS MAY APPOINT BY MAJORITY VOTE THEIR MEMBERSHIP, A SCHOLARSHIP COMMITTEE TO CONSIST OF FIVE MEMBERS OF THE BOARD. THE TERM OF THE SCHOLARSHIP COMMITTEE MEMBERS, SHALL BE ONE YEAR FROM THE DATE OF APPOINTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DIRECTORS ARE RESPONSIBLE FOR THE GENERAL MANAGEMENT AND SUPERVISION OF THE BUSINESS AND AFFAIRS OF THE CORPORATION EXCEPT WITH RESPECT TO THOSE POWERS RESERVED TO THE MEMBERS BY LAW, THE ARTICLES OF ORGANIZATION OR THE BYLAWS. THE BOARD OF DIRECTORS MAY FROM TIME TO TIME, TO THE EXTENT PERMITTED BY LAW, DELEGATE ANY OF ITS POWERS TO COMMITTEES, SUBJECT TO SUCH LIMITATIONS AS THE BOARD OF DIRECTORS MAY IMPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING BODY REVIEWS THE FORM 990 AND THEN AN OFFICER OF THE COMMITTEE SIGNS THE FORM 990 TO SUBMIT IT TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION RECENTLY ADOPTED A CONFLICT OF INTEREST POLICY. THE ORGANIZATION INTENDS TO REGULATE AND CONSISTENTLY MONITOR AND ENFORCE THIS POLICY THROUGH DAILY OBSERVATIONS BY ITS PRESIDENT, DISCUSSIONS AND BOARD MEETINGS AND CONSULTATION WITH THE ORGANIZATION'S LEGAL COUNSEL AND ACCOUNTANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY AND THIS WAS ADOPTED WHEN THE BY LAWS WERE CREATED. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
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IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHLEEN HORRIGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT, TREASURER AND DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05087368120
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PATRICK DONNELLY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PATR
ReturnHeader/Filer/EIN0270364009
ReturnHeader/Filer/PhoneNum05087368120
ReturnHeader/Filer/USAddress/AddressLine1Txt012 OLD TOWNE WAY
ReturnHeader/Filer/USAddress/CityNm0FISKDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001518
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204972823
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BENEDETTO GEAGAN AND KING CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1069
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTHBOROUGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001532
ReturnHeader/PreparerPersonGrp/PhoneNum05083937264
ReturnHeader/PreparerPersonGrp/PreparationDt02015-10-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER J KING
ReturnHeader/ReturnTs02015-10-20T08:58:28-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-06-01
ReturnHeader/TaxPeriodEndDt02015-05-31
ReturnHeader/TaxYr02014

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