Civic Intelligence

Patrick Donnelly Foundation Inc

990 • Fiscal year 2014 • EIN 27-0364009

Jun 01, 2013 to May 31, 2014 • Filed on Oct 14, 2014

54 Westwood Drive01566

(508) 736-8120

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

2nd percentile

-542%

Higher net margin than 2% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

12th percentile

-36%

Faster asset growth than 12% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$11,117

Down $6,362 (-36%) from 2013

Net Assets

Down

$11,117

Down $6,362 (-36%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

$1,173

No earlier filing loaded for comparison.

Expenses

Down

$7,535

Down $1,135 (-13%) from 2013

Net Income

-$6,362

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$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

2014

Assets$11,117
Liabilities$0
Net Assets$11,117

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2014

Revenue$1,173
Expenses$7,535
Net Income-$6,362
Jump To
Filing Snapshot
Filing Period
Jun 1, 2013 to May 31, 2014
Signed
Oct 14, 2014
Return Version
2013v3.0
Gross Receipts
$1,173
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$17,479$11,117▼ $6,362
Total Assets$17,479$11,117▼ $6,362
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$17,479$11,117▼ $6,362
Total Net Assets Fund Balance$17,479$11,117▼ $6,362
Total Liabilities and Net Assets / Fund Balance$17,479$11,117▼ $6,362
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kathleen JohnsonPresident, Treasurer and D
Michael HorriganClerk and Director
Dawn WetherbeeDirector
Justin D GarfieldDirector
Patrick HorriganDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,173
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,173
Change in Net Assets
$-6,362
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,000
Other Expenses$2,535
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-$1,700-$1,700
Fees for Services Other-$422-$422
Insurance-$286-$286
Other Expenses-$127-$127
Total Functional Expenses$5,000$2,535$0$7,535
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 johnson is the wife of raymond johnson. Mrs johnson's son is patrick donnelly for whom this organization is named after. Kathleen johnson is the president and a director of the organization while mrs johnson's husband is the vice-president and a director. Michael horrigan and julie horrigan are married. Joseph rogalski and michele ostiguy are brother and sister as is michael horrigan and dawn wetherbee.

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

EIN
27-0364009
Phone
5087368120

Signing Officer

Name
Kathleen Johnson
Title
President, Treasurer and Director
Phone
5087368120
Signed
2014-10-14
Discuss with paid preparer
Yes

Organization Details

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

Preparer

Preparer
Christopher J King
Phone
5083937264
Raw XML Appendix293 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/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 JOHNSON IS THE WIFE OF RAYMOND JOHNSON. MRS JOHNSON'S SON IS PATRICK DONNELLY FOR WHOM THIS ORGANIZATION IS NAMED AFTER. KATHLEEN JOHNSON IS THE PRESIDENT AND A DIRECTOR OF THE ORGANIZATION WHILE MRS JOHNSON'S HUSBAND IS THE VICE-PRESIDENT AND A DIRECTOR. MICHAEL HORRIGAN AND JULIE HORRIGAN ARE MARRIED. JOSEPH ROGALSKI AND MICHELE OSTIGUY ARE BROTHER AND SISTER AS IS MICHAEL HORRIGAN AND DAWN WETHERBEE.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/BusinessOfficerGrp/PersonNm0KATHLEEN JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT, TREASURER AND DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05087368120
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10PATRICK DONNELLY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PATR
ReturnHeader/Filer/EIN0270364009
ReturnHeader/Filer/PhoneNum05087368120
ReturnHeader/Filer/USAddress/AddressLine1054 WESTWOOD DRIVE
ReturnHeader/Filer/USAddress/City0STURBRIDGE
ReturnHeader/Filer/USAddress/State0MA
ReturnHeader/Filer/USAddress/ZIPCode001566
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204972823
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10BENEDETTO GEAGAN AND KING CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 1069
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0NORTHBOROUGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode001532
ReturnHeader/PreparerPersonGrp/PhoneNum05083937264
ReturnHeader/PreparerPersonGrp/PreparationDt02014-10-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER J KING
ReturnHeader/ReturnTs02014-10-15T13:42:23-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-06-01
ReturnHeader/TaxPeriodEndDt02014-05-31
ReturnHeader/TaxYr02013

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