Civic Intelligence

Alray Taylor Second Chance Scholarship Fund Corporation

990 • Fiscal year 2021 • EIN 27-0955022

Jul 01, 2020 to Jun 30, 2021 • Filed on Jul 11, 2022

Organization ProfileWWW.ALRAY.ORG
PO Box 960400Boston, MA 02196

(617) 807-0104

Siviq Scores

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

Liabilities / Assets

48th percentile

0.02x

Higher debt load relative to assets than 48% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

51st percentile

0.03x

Higher debt load relative to revenue than 51% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

84th percentile

46%

Higher net margin than 84% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

69th percentile

$52,000

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

78th percentile

36%

Faster asset growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

63rd percentile

29%

Faster revenue growth than 63% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets48th percentile

Assets

Up

$539,266

Up $143,691 (+36%) from 2020

Net Assets

Up

$528,854

Up $151,396 (+40%) from 2020

Liabilities

Down

$10,412

Down $7,705 (-43%) from 2020

Revenue And Expenses
Liabilities / Revenue51st percentileNet Margin84th percentile

Revenue

Up

$329,000

Up $74,356 (+29%) from 2020

Expenses

Down

$177,604

Down $12,991 (-6.8%) from 2020

Net Income

Up

$151,396

Up $87,347 (+136%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$1.0M$500K$0Assets 2015: $184,417Net Assets 2015: $184,4172015Assets 2016: $169,745Liabilities 2016: $551Net Assets 2016: $169,1942016Assets 2017: $293,902Liabilities 2017: $4,914Net Assets 2017: $288,9882017Assets 2018: $323,143Liabilities 2018: $14,463Net Assets 2018: $308,6802018Assets 2019: $320,778Liabilities 2019: $7,369Net Assets 2019: $313,4092019Assets 2020: $395,575Liabilities 2020: $18,117Net Assets 2020: $377,4582020Assets 2021: $539,266Liabilities 2021: $10,412Net Assets 2021: $528,8542021Assets 2022: $647,176Liabilities 2022: $14,072Net Assets 2022: $633,1042022Assets 2023: $866,563Liabilities 2023: $15,067Net Assets 2023: $851,4962023Assets 2024: $906,839Liabilities 2024: $12,925Net Assets 2024: $893,9142024

Highlighted filing

2021

Assets$539,266
Liabilities$10,412
Net Assets$528,854
Open 2021 Filing

Operations Trend

Revenue Growth63rd percentile

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

$600K$400K$200K$0-$200KRevenue 2015: $153,614Expenses 2015: $78,756Net Income 2015: $74,8582015Revenue 2016: $76,804Expenses 2016: $92,027Net Income 2016: -$15,2232016Revenue 2017: $229,749Expenses 2017: $109,955Net Income 2017: $119,7942017Revenue 2018: $168,575Expenses 2018: $148,883Net Income 2018: $19,6922018Revenue 2019: $151,454Expenses 2019: $146,725Net Income 2019: $4,7292019Revenue 2020: $254,644Expenses 2020: $190,595Net Income 2020: $64,0492020Revenue 2021: $329,000Expenses 2021: $177,604Net Income 2021: $151,3962021Revenue 2022: $329,452Expenses 2022: $225,202Net Income 2022: $104,2502022Revenue 2023: $597,116Expenses 2023: $381,658Net Income 2023: $215,4582023Revenue 2024: $598,144Expenses 2024: $555,706Net Income 2024: $42,4382024

Highlighted filing

2021

Revenue$329,000
Expenses$177,604
Net Income$151,396
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jul 11, 2022
Return Version
2020v4.0
Gross Receipts
$329,000
Mission and Program Overview

Mission

To provide scholarship, mentoring and educational assistance to graduates of boston public high schools or boston charter high schools who are seeking to complete college, trade school or vocational programs which they began upon graduation but were unable to complete due to a range of family, personal or educational reasons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$393,113$535,977▲ $142,864
Prepaid Expenses and Deferred Charges$2,462$3,289▲ $827
Total Assets$395,575$539,266▲ $143,691
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,705--
Accounts Payable and Accrued Expenses$7,412$10,412▲ $3,000
Total Liabilities$18,117$10,412▼ $7,705
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$377,458$528,854▲ $151,396
Total Net Assets Fund Balance$377,458$528,854▲ $151,396
Total Liabilities and Net Assets / Fund Balance$395,575$539,266▲ $143,691

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$1,221$1,221
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Janet AltmanExecutive DiFT$52,000$52,000

Board Members and Trustees

NameTitle
Neil SwideyPresident
Alia CrockerDirector
Carol PachecoDirector
Edward WalkerDirector
Heidi GuarinoDirector
Jethro Trente Et UnDirector
Kevin FudgeDirector
Keyana WashingtonDirector
Michele CarrollDirector
Nancy WhiteDirector
Teresa PinaDirector
Thomas ArrudaDirector
Noel SamuClerk
Edward FinnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$328,748
Program Service Revenue
$0
Investment Income
$252
Other Revenue
$0
All Other Contributions
$318,044
Change in Net Assets
$151,396

Audited Revenue Reconciliation

Revenue per Audited Statements
$329,000
Total Revenue per Audited Statements
$329,000
Total Revenue per Form 990
$329,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$85,419
Salaries, Compensation, and Employee Benefits$51,947
Other Expenses$40,238
Total Fundraising Expense$32,503
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$85,419--$85,419
Current Officers, Directors, Trustees, and Key Employees$25,133$2,384$20,150$47,667
Fees for Services Other$5,929$6,205$6,716$18,850
Fees for Services Accounting-$6,030-$6,030
Payroll Taxes$2,268$214$1,798$4,280
Insurance$2,176$502$1,218$3,896
Advertising$1,171-$1,719$2,890
Occupancy$1,231$219$550$2,000
Office Expenses$781$169$352$1,302
Other Expenses$30$195-$225
Total Functional Expenses$128,421$16,680$32,503$177,604

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$177,604
Total Expenses per Audited Statements$177,604
Total Expenses per Form 990$177,604
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
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Page 6, Part VI, Line 7A

“Board elections are held at board meetings and voted on by the full board each year.”

Form 990, Page 6, Part VI, Line 7B

“Board approval is voted on at board meetings”

Form 990, Page 6, Part VI, Line 9

“Edward finn po box 960400 boston, ma 02196”

Form 990, Page 6, Part VI, Line 11B

“Reviewed by board of directors prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Annual disclosure required.”

Form 990, Page 6, Part VI, Line 15A

“Compensation approved by board of directors.”

Form 990, Page 6, Part VI, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Alray Taylor Second Chance
EIN
27-0955022
Phone
6178070104
Address
PO BOX 960400, BOSTON, MA 02196

Signing Officer

Name
Neil Swidey
Title
President
Phone
6173956862
Signed
2022-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Neil Swidey
Formed
2009
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
1

Preparer

Firm
Gonzalez and Associates Pc
Address
14 PAGE TERRACE, STOUGHTON, MA 02072
Preparer
Lillian Gonzalez CPA Mst Csep Csrp
Phone
7813441040
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

“Additional information received after initial filing”

FORM 990 - ORGANIZATION'S MISSION

“To provide scholarship, mentoring and educational assistance to graduates of boston public high schools or boston charter high schools who are seeking to complete college, trade school or vocational programs which they began upon graduation but were unable to complete due to a range of family, personal or educational reasons.”

Form 990, Part IX, Line 11G

“Consulting 5,596 6,205 6,716 recruitment 333 0 0 total 5,929 6,205 6,716”

Raw XML AppendixShowing 400 of 434 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07412
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010412
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE SCHOLARSHIP, MENTORING AND EDUCATIONAL ASSISTANCE TO GRADUATES OF BOSTON PUBLIC HIGH SCHOOLS OR BOSTON CHARTER HIGH SCHOOLS WHO ARE SEEKING TO COMPLETE COLLEGE, TRADE SCHOOL OR VOCATIONAL PROGRAMS WHICH THEY BEGAN UPON GRADUATION BUT WERE UNABLE TO COMPLETE DUE TO A RANGE OF FAMILY, PERSONAL OR EDUCATIONAL REASONS.
IRS990/AdvertisingGrp/FundraisingAmt01719
IRS990/AdvertisingGrp/ProgramServicesAmt01171
IRS990/AdvertisingGrp/TotalAmt02890
IRS990/AllOtherContributionsAmt0318044
IRS990/AmendedReturnInd0X
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0THE CORPORATION
IRS990/BooksInCareOfDetail/PhoneNum06173956862
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 960400
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002196
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0393113
IRS990/CashNonInterestBearingGrp/EOYAmt0535977
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt020150
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt02384
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt025133
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt047667
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0328748
IRS990/CYGrantsAndSimilarPaidAmt085419
IRS990/CYInvestmentIncomeAmt0252
IRS990/CYOtherExpensesAmt040238
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0151396
IRS990/CYSalariesCompEmpBnftPaidAmt051947
IRS990/CYTotalExpensesAmt0177604
IRS990/CYTotalFundraisingExpenseAmt032503
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0329000
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0SCHOLARSHIPS AND MENTORING TO BOSTON STUDENTS SEEKING ASSISTANCE WITH COLLEGE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0128421
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06030
IRS990/FeesForServicesAccountingGrp/TotalAmt06030
IRS990/FeesForServicesOtherGrp/FundraisingAmt06716
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06205
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05929
IRS990/FeesForServicesOtherGrp/TotalAmt018850
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
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/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0JANET ALTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1THOMAS ARRUDA
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHELE CARROLL
IRS990/Form990PartVIISectionAGrp/PersonNm3ALIA CROCKER
IRS990/Form990PartVIISectionAGrp/PersonNm4EDWARD FINN
IRS990/Form990PartVIISectionAGrp/PersonNm5KEVIN FUDGE
IRS990/Form990PartVIISectionAGrp/PersonNm6HEIDI GUARINO
IRS990/Form990PartVIISectionAGrp/PersonNm7CAROL PACHECO
IRS990/Form990PartVIISectionAGrp/PersonNm8TERESA PINA
IRS990/Form990PartVIISectionAGrp/PersonNm9NOEL SAMU
IRS990/Form990PartVIISectionAGrp/PersonNm10NEIL SWIDEY
IRS990/Form990PartVIISectionAGrp/PersonNm11EDWARD WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm12KEYANA WASHINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm13NANCY WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm14JETHRO TRENTE ET UN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt052000
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/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt010704
IRS990/GrantAmt085419
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt085419
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt085419
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0329000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt01218
IRS990/InsuranceGrp/ManagementAndGeneralAmt0502
IRS990/InsuranceGrp/ProgramServicesAmt02176
IRS990/InsuranceGrp/TotalAmt03896
IRS990/InvestmentIncomeGrp/ExclusionAmt0252
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0252
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01221
IRS990/LandBldgEquipCostOrOtherBssAmt01221
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE SCHOLARSHIP, MENTORING AND EDUCATIONAL ASSISTANCE TO GRADUATES OF BOSTON PUBLIC HIGH SCHOOLS OR BOSTON CHARTER HIGH SCHOOLS WHO ARE SEEKING TO COMPLETE COLLEGE, TRADE SCHOOL OR VOCATIONAL PROGRAMS WHICH THEY BEGAN UPON GRADUATION BUT WERE UNABLE TO COMPLETE DUE TO A RANGE OF FAMILY, PERSONAL OR EDUCATIONAL REASONS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010705
IRS990/NetAssetsOrFundBalancesBOYAmt0377458
IRS990/NetAssetsOrFundBalancesEOYAmt0528854
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0377458
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0528854
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0550
IRS990/OccupancyGrp/ManagementAndGeneralAmt0219
IRS990/OccupancyGrp/ProgramServicesAmt01231
IRS990/OccupancyGrp/TotalAmt02000
IRS990/OfficeExpensesGrp/FundraisingAmt0352
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0169
IRS990/OfficeExpensesGrp/ProgramServicesAmt0781
IRS990/OfficeExpensesGrp/TotalAmt01302
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1PAYROLL PROCESSING FEES
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0762
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1195
IRS990/OtherExpensesGrp/ProgramServicesAmt04283
IRS990/OtherExpensesGrp/ProgramServicesAmt130
IRS990/OtherExpensesGrp/TotalAmt04283
IRS990/OtherExpensesGrp/TotalAmt1762
IRS990/OtherExpensesGrp/TotalAmt2225
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01798
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0214
IRS990/PayrollTaxesGrp/ProgramServicesAmt02268
IRS990/PayrollTaxesGrp/TotalAmt04280
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02462
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03289
IRS990/PrincipalOfficerNm0NEIL SWIDEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0252180
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt073787
IRS990/PYInvestmentIncomeAmt02464
IRS990/PYOtherExpensesAmt059786
IRS990/PYRevenuesLessExpensesAmt064049
IRS990/PYSalariesCompEmpBnftPaidAmt057022
IRS990/PYTotalExpensesAmt0190595
IRS990/PYTotalRevenueAmt0254644
IRS990/ReconcilationRevenueExpnssAmt0151396
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0318044
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0252180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0148488
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0167069
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0229483
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01115264
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0252
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02464
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02967
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01506
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0164
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07353
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.67250
IRS990ScheduleA/PublicSupportPY170Pct00.61240
IRS990ScheduleA/PublicSupportTotal170Amt0754976
IRS990ScheduleA/SubstantialContributorsTotAmt0360288
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0318044
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0252180
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0148488
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0167069
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0229483
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01115264
IRS990ScheduleA/TotalSupportAmt01122617
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01221
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01221
IRS990ScheduleD/ExpensesSubtotalAmt0177604
IRS990ScheduleD/RevenueSubtotalAmt0329000
IRS990ScheduleD/TotalExpensesPerForm990Amt0177604
IRS990ScheduleD/TotalRevenuePerForm990Amt0329000
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0329000
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0177604
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt085419
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt030
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADDITIONAL INFORMATION RECEIVED AFTER INITIAL FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO PROVIDE SCHOLARSHIP, MENTORING AND EDUCATIONAL ASSISTANCE TO GRADUATES OF BOSTON PUBLIC HIGH SCHOOLS OR BOSTON CHARTER HIGH SCHOOLS WHO ARE SEEKING TO COMPLETE COLLEGE, TRADE SCHOOL OR VOCATIONAL PROGRAMS WHICH THEY BEGAN UPON GRADUATION BUT WERE UNABLE TO COMPLETE DUE TO A RANGE OF FAMILY, PERSONAL OR EDUCATIONAL REASONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD ELECTIONS ARE HELD AT BOARD MEETINGS AND VOTED ON BY THE FULL BOARD EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD APPROVAL IS VOTED ON AT BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EDWARD FINN PO BOX 960400 BOSTON, MA 02196
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REVIEWED BY BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ANNUAL DISCLOSURE REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMPENSATION APPROVED BY BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9CONSULTING 5,596 6,205 6,716 RECRUITMENT 333 0 0 TOTAL 5,929 6,205 6,716
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0395575
IRS990/TotalAssetsEOYAmt0539266
IRS990/TotalAssetsGrp/BOYAmt0395575
IRS990/TotalAssetsGrp/EOYAmt0539266
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0328748
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt032503
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016680
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0128421
IRS990/TotalFunctionalExpensesGrp/TotalAmt0177604
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018117
IRS990/TotalLiabilitiesEOYAmt010412
IRS990/TotalLiabilitiesGrp/BOYAmt018117
IRS990/TotalLiabilitiesGrp/EOYAmt010412
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0377458
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0528854
IRS990/TotalProgramServiceExpensesAmt0128421
IRS990/TotalReportableCompFromOrgAmt052000
IRS990/TotalRevenueGrp/ExclusionAmt0252
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0329000
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0395575
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0539266
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 960400
IRS990/USAddress/CityNm0BOSTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002196
IRS990/VotingMembersGoverningBodyCnt014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$539,266
Liabilities
$10,412
Net assets
$528,854
Revenue
$329,000
Expenses
$177,604
Net income
$151,396
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.07$0.13$8.94$5.98$5.56$0.42
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.67$0.15$8.51$5.97$3.82$2.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.47$0.14$6.33$3.29$2.25$1.04
2021Detailed filing. Detailed filing data is available for this year.$5.39$0.10$5.29$3.29$1.78$1.51
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.96$0.18$3.77$2.55$1.91$0.64
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.21$0.07$3.13$1.51$1.47$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.23$0.14$3.09$1.69$1.49$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.94$0.05$2.89$2.30$1.10$1.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.01$1.69$0.77$0.92$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.84$1.84$1.54$0.79$0.75
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $500k-$1M nonprofits