Civic Intelligence

Nous Foundation Inc.

990 • Fiscal year 2015 • EIN 27-1871373

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

195 Carlton RoadWaban, MA 02468

(917) 612-9762

Siviq Scores

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

Liabilities / Assets

90th percentile

0.80x

Higher debt load relative to assets than 90% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

81st percentile

0.38x

Higher debt load relative to revenue than 81% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

81st percentile

24%

Higher net margin than 81% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

94th percentile

$157,608

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 18.9% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

84th percentile

31%

Faster asset growth than 84% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

92nd percentile

80%

Faster revenue growth than 92% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$393,709

Up $92,982 (+31%) from 2014

Net Assets

Up

$77,787

Up $204,092 (+162%) from 2014

Liabilities

Down

$315,922

Down $111,110 (-26%) from 2014

Revenue

Up

$833,089

Up $371,514 (+80%) from 2014

Expenses

Up

$628,997

Up $151,138 (+32%) from 2014

Net Income

Up

$204,092

Up $220,376 (+1353%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2013: $355,328Liabilities 2013: $465,349Net Assets 2013: -$110,0212013Assets 2014: $300,727Liabilities 2014: $427,032Net Assets 2014: -$126,3052014Assets 2015: $393,709Liabilities 2015: $315,922Net Assets 2015: $77,7872015Assets 2016: $801,894Liabilities 2016: $222,360Net Assets 2016: $579,5342016Assets 2017: $1,108,602Liabilities 2017: $225,479Net Assets 2017: $883,1232017Assets 2018: $1,099,257Liabilities 2018: $205,434Net Assets 2018: $893,8232018Assets 2019: $1,458,616Liabilities 2019: $234,277Net Assets 2019: $1,224,3392019Assets 2020: $1,437,772Liabilities 2020: $369,081Net Assets 2020: $1,068,6912020Assets 2021: $1,526,743Liabilities 2021: $190,574Net Assets 2021: $1,336,1692021Assets 2022: $1,070,084Liabilities 2022: $86,080Net Assets 2022: $984,0042022Assets 2024: $676,474Liabilities 2024: $79,132Net Assets 2024: $597,3422024

Highlighted filing

2015

Assets$393,709
Liabilities$315,922
Net Assets$77,787

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2013: $309,073Expenses 2013: $446,667Net Income 2013: -$137,5942013Revenue 2014: $461,575Expenses 2014: $477,859Net Income 2014: -$16,2842014Revenue 2015: $833,089Expenses 2015: $628,997Net Income 2015: $204,0922015Revenue 2016: $1,082,503Expenses 2016: $580,756Net Income 2016: $501,7472016Revenue 2017: $986,506Expenses 2017: $682,917Net Income 2017: $303,5892017Revenue 2018: $818,931Expenses 2018: $808,231Net Income 2018: $10,7002018Revenue 2019: $1,247,354Expenses 2019: $916,838Net Income 2019: $330,5162019Revenue 2020: $1,013,412Expenses 2020: $1,169,060Net Income 2020: -$155,6482020Revenue 2021: $1,587,738Expenses 2021: $1,320,260Net Income 2021: $267,4782021Revenue 2022: $1,140,875Expenses 2022: $1,532,438Net Income 2022: -$391,5632022Revenue 2024: $636,963Expenses 2024: $797,699Net Income 2024: -$160,7362024

Highlighted filing

2015

Revenue$833,089
Expenses$628,997
Net Income$204,092
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$833,089
Mission and Program Overview

Mission

Promote awareness of end of life issues and treatment options for patients and their families

Promote awareness of end of life issues and treatment options for patients and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$132,833$246,782▲ $113,949
Cash and Non-Interest-Bearing Accounts$140,243$124,605▼ $15,638
Land, Buildings, and Equipment, Net$16,167$12,519▼ $3,648
Prepaid Expenses and Deferred Charges$9,317$6,770▼ $2,547
Accounts Receivable$2,167$3,033▲ $866
Total Assets$300,727$393,709▲ $92,982
Liabilities
Deferred Revenue$406,107$275,375▼ $130,732
Accounts Payable and Accrued Expenses$20,925$40,547▲ $19,622
Total Liabilities$427,032$315,922▼ $111,110
Net Assets / Fund Balance
Unrestricted Net Assets$-126,305$77,787▲ $204,092
Total Net Assets Fund Balance$-126,305$77,787▲ $204,092
Total Liabilities and Net Assets / Fund Balance$300,727$393,709▲ $92,982

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,519$19,669$32,188
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Aretha Delight DavisExecutive Director/clerkFT$155,000$2,608$157,608

Board Members and Trustees

NameTitle
Angelo Volandes MdPresident
Lenny LopezDirector
Elmer AbboTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Braiker MediaStrategy And Advisory Business Consultin63 BAY STATE ROAD, Boston, MA 02215$132,647
Revenue and Support

Revenue Composition

Contributions and Grants
$325,000
Program Service Revenue
$508,089
Investment Income
$0
Other Revenue
$0
All Other Contributions
$325,000
Change in Net Assets
$204,092

Audited Revenue Reconciliation

Revenue per Audited Statements
$833,089
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$79,018
Total Revenue per Audited Statements
$912,107
Total Revenue per Form 990
$833,089
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$365,287
Salaries, Compensation, and Employee Benefits$263,710
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$146,542$16,282-$162,824
Fees for Services Other$122,907$13,633-$136,540
Depreciation Depletion$77,741$618-$78,359
Other Salaries and Wages$68,046--$68,046
Information Technology$51,659--$51,659
Fees for Services Accounting-$37,963-$37,963
Payroll Taxes$25,031$2,227-$27,258
Fees for Services Legal$17,841$1,982-$19,823
Travel$13,018$528-$13,546
Advertising$9,389$1,043-$10,432
Office Expenses$6,631$686-$7,317
Other Employee Benefits$5,582--$5,582
Other Expenses$3,769$419-$4,188
All Other Expenses$796$2,119-$2,915
Insurance$2,290$255-$2,545
Total Functional Expenses$551,242$77,755$0$628,997

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$708,015
Expenses per Audited Statements$628,997
Total Expenses per Form 990$628,997
Expenses Not Reported on Form 990$79,018
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 A, Line 2

Angelo volandes and aretha delight davis are married

Form 990, Part VI, Section B, Line 11

Copy of tax return provided to governing members prior to filing

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

Foundation has a conflict of interest policy. It is located in article vi of the by-laws as well as on page 9 of the employee handbook. This policy was enforced in 2013 with respect to aretha delight davis becoming excecutive director of the foundation.

Form 990, Part VI, Section B, Line 15

The compensation of the executive director is established in accordance with the organization's executive compensation memo.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Nous Foundation Inc
EIN
27-1871373
Phone
9176129762
Address
195 CARLTON ROAD, WABAN, MA 02468

Signing Officer

Name
Angelo E Volandes
Title
President
Phone
9176129762
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angelo E Volandes
Formed
2010
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
4
Employees
3
Volunteers
3

Preparer

Firm
Kevin P Martin Associates Pc
Address
10 FORBES WEST, BRAINTREE, MA 02184
Preparer
Jolanta Tuck CPA
Phone
7813803520
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consultant - strategy and advisory business consulting: program service expenses 119,382. Management and general expenses 13,265. Fundraising expenses 0. Total expenses 132,647. Consultant - graphics: program service expenses 3,312. Management and general expenses 368. Fundraising expenses 0. Total expenses 3,680. Consultant - translation services: program service expenses 213. Management and general expenses 0. Fundraising expenses 0. Total expenses 213.

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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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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0461575
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0782969
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt090611
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt069503
IRS990ScheduleA/Total509Grp/TotalAmt02237747
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0833089
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0461575
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0782969
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt090611
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt069503
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02237747
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/DonatedServicesAndUseFcltsAmt079018
IRS990ScheduleD/DonatedServicesUseFcltsAmt079018
IRS990ScheduleD/EquipmentGrp/BookValueAmt012519
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019669
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt032188
IRS990ScheduleD/ExpensesNotReportedAmt079018
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0628997
IRS990ScheduleD/RevenueNotReportedAmt079018
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0833089
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012519
IRS990ScheduleD/TotalExpensesPerForm990Amt0628997
IRS990ScheduleD/TotalRevenuePerForm990Amt0833089
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0912107
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0708015
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0155000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt02608
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ARETHA DELIGHT DAVIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR/CLERK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0157608
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANGELO VOLANDES AND ARETHA DELIGHT DAVIS ARE MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF TAX RETURN PROVIDED TO GOVERNING MEMBERS PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FOUNDATION HAS A CONFLICT OF INTEREST POLICY. IT IS LOCATED IN ARTICLE VI OF THE BY-LAWS AS WELL AS ON PAGE 9 OF THE EMPLOYEE HANDBOOK. THIS POLICY WAS ENFORCED IN 2013 WITH RESPECT TO ARETHA DELIGHT DAVIS BECOMING EXCECUTIVE DIRECTOR OF THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS ESTABLISHED IN ACCORDANCE WITH THE ORGANIZATION'S EXECUTIVE COMPENSATION MEMO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONSULTANT - STRATEGY AND ADVISORY BUSINESS CONSULTING: PROGRAM SERVICE EXPENSES 119,382. MANAGEMENT AND GENERAL EXPENSES 13,265. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 132,647. CONSULTANT - GRAPHICS: PROGRAM SERVICE EXPENSES 3,312. MANAGEMENT AND GENERAL EXPENSES 368. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,680. CONSULTANT - TRANSLATION SERVICES: PROGRAM SERVICE EXPENSES 213. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 213.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/StatesWhereCopyOfReturnIsFldCd1OR
IRS990/StatesWhereCopyOfReturnIsFldCd2HI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0300727
IRS990/TotalAssetsEOYAmt0393709
IRS990/TotalAssetsGrp/BOYAmt0300727
IRS990/TotalAssetsGrp/EOYAmt0393709
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0325000
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt077755
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0551242
IRS990/TotalFunctionalExpensesGrp/TotalAmt0628997
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0427032
IRS990/TotalLiabilitiesEOYAmt0315922
IRS990/TotalLiabilitiesGrp/BOYAmt0427032
IRS990/TotalLiabilitiesGrp/EOYAmt0315922
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-126305
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt077787
IRS990/TotalOtherCompensationAmt02608
IRS990/TotalProgramServiceExpensesAmt0551242
IRS990/TotalProgramServiceRevenueAmt0508089
IRS990/TotalReportableCompFromOrgAmt0155000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0508089
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0833089
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0300727
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0393709
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0528
IRS990/TravelGrp/ProgramServicesAmt013018
IRS990/TravelGrp/TotalAmt013546
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-126305
IRS990/UnrestrictedNetAssetsGrp/EOYAmt077787
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0195 CARLTON ROAD
IRS990/USAddress/CityNm0WABAN
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002468
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.ACPDECISONS.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z

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