Civic Intelligence

Commonwealth Corporation Foundation

EIN 27-3112781 • 501(c)3 • Boston, MA

Profile

To support commonwealth corporation in its mission.

2 Oliver Street Fifth FloorBoston, MA 02109

www.commcorp.org

Siviq Scores

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

Liabilities / Assets

65th percentile

0.18x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.65x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

38th percentile

-0.1%

Higher net margin than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

95th percentile

$302,715

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 67.5% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

65th percentile

9.7%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

118%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets65th percentile

Assets

Down

$1,902,229

Down $25,535 (-1.3%) from 2021

Liabilities

Down

$238,858

Down $250,530 (-51%) from 2021

Net Assets

Up

$1,663,371

Up $224,995 (+16%) from 2021

Operations
Liabilities / Revenue84th percentileNet Margin38th percentile

Revenue

Down

$431,575

Down $1,345,495 (-76%) from 2021

Expenses

Down

$206,580

Down $156,488 (-43%) from 2021

Net Income

Down

$224,995

Down $1,189,007 (-84%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2012: $160,000Liabilities 2012: $6,377Net Assets 2012: $153,6232012Assets 2013: $36,813Liabilities 2013: $1,921Net Assets 2013: $34,8922013Assets 2015: $160,662Liabilities 2015: $102,290Net Assets 2015: $58,3722015Assets 2016: $210,762Liabilities 2016: $261,915Net Assets 2016: -$51,1532016Assets 2018: $105,260Liabilities 2018: $0Net Assets 2018: $105,2602018Assets 2019: $269,159Liabilities 2019: $45,492Net Assets 2019: $223,6672019Assets 2021: $1,927,764Liabilities 2021: $489,388Net Assets 2021: $1,438,3762021Assets 2022: $1,902,229Liabilities 2022: $238,858Net Assets 2022: $1,663,3712022

Highlighted filing

2022

Assets$1,902,229
Liabilities$238,858
Net Assets$1,663,371
Open 2022 Filing

Operations Trend

Revenue Growth92nd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2012: $150,000Expenses 2012: $851Net Income 2012: $149,1492012Revenue 2013: $33,200Expenses 2013: $151,931Net Income 2013: -$118,7312013Revenue 2015: $160,504Expenses 2015: $338,779Net Income 2015: -$178,2752015Revenue 2016: $50,100Expenses 2016: $159,625Net Income 2016: -$109,5252016Revenue 2018: $105,000Expenses 2018: $25,000Net Income 2018: $80,0002018Revenue 2019: $300,000Expenses 2019: $181,593Net Income 2019: $118,4072019Revenue 2021: $1,777,070Expenses 2021: $363,068Net Income 2021: $1,414,0022021Revenue 2022: $431,575Expenses 2022: $206,580Net Income 2022: $224,9952022

Highlighted filing

2022

Revenue$431,575
Expenses$206,580
Net Income$224,995
Open 2022 Filing

Filings

Most recent year

2022 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,902,229
Liabilities
$238,858
Net assets
$1,663,371
Revenue
$431,575
Expenses
$206,580
Net income
$224,995
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.24$1.66$0.43$0.21$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.49$1.44$1.78$0.36$1.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.05$0.22$0.30$0.18$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.11$0.03$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.21$0.26$0.05$0.05$0.16$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.10$0.06$0.16$0.34$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.03$0.03$0.15$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.01$0.15$0.15$0.00$0.15
Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2018 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 2, 2019
Return Version
2017v2.3
Gross Receipts
$105,000
Mission and Program Overview

Mission

To support and further the charitable and education purposes of commonwealth corporation.

To support commonwealth corporation in its mission.

Program Services

DescriptionGrantsExpenses
TO SUPPORT AND FURTHER THE CHARITABLE AND EDUCATION PURPOSES OF COMMONWEALTH CORPORATION.$105,000$25,000
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ENNA JIMENEZDirector-$0--
JD LAROCKPresident-$0--
AMY KERSHAWClerk-$0--
GENE MILLERTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Commonwealth Corporation Foundation
EIN
27-3112781
Phone
6177278158
Address
2 OLIVER STREET FIFTH FLOOR, BOSTON, MA 02109

Signing Officer

Name
Karla Jaramillo
Title
Chief Financial Officer
Phone
6177278158
Signed
2019-05-02
Discuss with paid preparer
Yes

Preparer

Firm
Alexander Aronson Finning & Co Pc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Matthew Troiano CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Payments to Affiliates

“Affiliate name: commonwealth corporation. Affiliate address: 2 oliver street, fifth floor boston, ma 02109. Amount of payment: 25,000.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: writeoff of due to related parties. Amount: 126,413.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: grant receivables. Beg. Of year amount: 0. End of year amount: 50,000. Description: due from affiliate. Beg. Of year amount: 0. End of year amount: 30,000.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: due to affiliate. Beg. Of year amount: 101,413. End of year amount: 0.”

Raw XML Appendix163 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KARLA JARAMILLO
IRS990EZ/BooksInCareOfDetail/PhoneNum06177278158
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02 OLIVER STREET FIFTH FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002109
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0260
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt025260
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0105000
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt080000
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0260
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0105260
IRS990EZ/GrantsAndSimilarAmountsPaidAmt025000
IRS990EZ/GrossReceiptsAmt0105000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-101153
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0105260
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-101153
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0105260
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ENNA JIMENEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JD LAROCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2AMY KERSHAW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GENE MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt080000
IRS990EZ/OtherChangesInNetAssetsAmt0126413
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT COMMONWEALTH CORPORATION IN ITS MISSION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO SUPPORT AND FURTHER THE CHARITABLE AND EDUCATION PURPOSES OF COMMONWEALTH CORPORATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0105000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt025000
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0101413
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt025000
IRS990EZ/TotalProgramServiceExpensesAmt025000
IRS990EZ/TotalRevenueAmt0105000
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.COMMCORP.ORG
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0042867693
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt050000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0COMMONWEALTH CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt050000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AFFILIATE NAME: COMMONWEALTH CORPORATION. AFFILIATE ADDRESS: 2 OLIVER STREET, FIFTH FLOOR BOSTON, MA 02109. AMOUNT OF PAYMENT: 25,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: WRITEOFF OF DUE TO RELATED PARTIES. AMOUNT: 126,413.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: GRANT RECEIVABLES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 50,000. DESCRIPTION: DUE FROM AFFILIATE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 30,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DUE TO AFFILIATE. BEG. OF YEAR AMOUNT: 101,413. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KARLA JARAMILLO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum06177278158
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMMONWEALTH CORPORATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0273112781
ReturnHeader/Filer/PhoneNum06177278158
ReturnHeader/Filer/USAddress/AddressLine1Txt02 OLIVER STREET FIFTH FLOOR
ReturnHeader/Filer/USAddress/CityNm0BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002109
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F4247996A0DFD92197EA51AEF4558D040C319DAA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0CB2B07AFD6767982BCB28B09646F6ACBACA35001
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.238.141.162
ReturnHeader/FilingSecurityInformation/IPDt02019-05-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:48:49
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042571780
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALEXANDER ARONSON FINNING & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 WASHINGTON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTBOROUGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001581
ReturnHeader/PreparerPersonGrp/PhoneNum05083669100
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW TROIANO CPA
ReturnHeader/ReturnTs02019-05-02T16:45:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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