Civic Intelligence

Bostons Higher Ground Inc

990 • Fiscal year 2018 • EIN 27-3660369

Jul 01, 2017 to Jun 30, 2018 • Filed on May 31, 2019

Refreshing map…

384 Warren StreetRoxbury, MA 02119

(617) 652-8014

Siviq Scores

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

Liabilities / Assets

89th percentile

0.44x

Higher debt load relative to assets than 89% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

99th percentile

$120,192

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 39.7% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

8th percentile

-55%

Faster asset growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$32,681

Down $40,724 (-55%) from 2017

Net Assets

Down

$18,188

Down $34,569 (-66%) from 2017

Liabilities

Down

$14,493

Down $6,155 (-30%) from 2017

Revenue

Up

$302,970

Up $38,909 (+15%) from 2017

Expenses

Up

$337,539

Up $92,460 (+38%) from 2017

Net Income

Down

-$34,569

Down $53,551 (-282%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2012: $189,752Liabilities 2012: $20,946Net Assets 2012: $168,8062012Assets 2013: $27,915Liabilities 2013: $15,954Net Assets 2013: $11,9612013Assets 2014: $26,909Liabilities 2014: $34,353Net Assets 2014: -$7,4442014Assets 2017: $73,405Liabilities 2017: $20,648Net Assets 2017: $52,7572017Assets 2018: $32,681Liabilities 2018: $14,493Net Assets 2018: $18,1882018Assets 2019: $108,563Liabilities 2019: $33,150Net Assets 2019: $75,4132019Assets 2020: $343,993Liabilities 2020: $24,110Net Assets 2020: $319,8832020Assets 2021: $977,985Liabilities 2021: $270,444Net Assets 2021: $707,5412021Assets 2022: $2,219,486Liabilities 2022: $226,266Net Assets 2022: $1,993,2202022Assets 2023: $1,351,598Liabilities 2023: $369,978Net Assets 2023: $981,6202023Assets 2024: $1,905,753Liabilities 2024: $333,280Net Assets 2024: $1,572,4732024Assets 2025: $1,723,205Liabilities 2025: $233,100Net Assets 2025: $1,490,1052025

Highlighted filing

2018

Assets$32,681
Liabilities$14,493
Net Assets$18,188

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2012: $379,9362012Expenses 2013: $402,2382013Revenue 2014: $315,726Expenses 2014: $335,131Net Income 2014: -$19,4052014Revenue 2017: $264,061Expenses 2017: $245,079Net Income 2017: $18,9822017Revenue 2018: $302,970Expenses 2018: $337,539Net Income 2018: -$34,5692018Revenue 2019: $330,985Expenses 2019: $273,760Net Income 2019: $57,2252019Revenue 2020: $697,522Expenses 2020: $453,052Net Income 2020: $244,4702020Revenue 2021: $1,650,061Expenses 2021: $1,121,903Net Income 2021: $528,1582021Revenue 2022: $2,587,997Expenses 2022: $1,302,318Net Income 2022: $1,285,6792022Revenue 2023: $625,567Expenses 2023: $1,637,167Net Income 2023: -$1,011,6002023Revenue 2024: $2,443,418Expenses 2024: $1,852,565Net Income 2024: $590,8532024Revenue 2025: $1,561,830Expenses 2025: $1,644,198Net Income 2025: -$82,3682025

Highlighted filing

2018

Revenue$302,970
Expenses$337,539
Net Income-$34,569
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 31, 2019
Return Version
2017v2.0
Gross Receipts
$302,970
Mission and Program Overview

Mission

To connect children, youth, and families in boston's underserved communities to existing solutions and services that continue to improve, avoid duplication, and empower and transform lives from cradle to career by engaging community-based organizations and key stakeholders in an effective and efficient service delivery model.

To connect children, youth, and families in Boston's undeserved communities to existing solutions and services that continue to improve, avoid duplication, and empower and transform lives from cradle to career by engaging community based organizations and key stakeholders in an effective and efficient service delivery model.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$23,405$28,433▲ $5,028
Accounts Receivable$50,000$3,600▼ $46,400
Prepaid Expenses and Deferred Charges-$648-
Total Assets$73,405$32,681▼ $40,724
Liabilities
Accounts Payable and Accrued Expenses$20,648$14,493▼ $6,155
Total Liabilities$20,648$14,493▼ $6,155
Net Assets / Fund Balance
Temporarily Rstr Net Assets$0$11,048▲ $11,048
Unrestricted Net Assets$52,757$7,140▼ $45,617
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$52,757$18,188▼ $34,569
Total Liabilities and Net Assets / Fund Balance$73,405$32,681▼ $40,724
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mossik HacobianExecutive DirectorFT$120,192$120,192

Board Members and Trustees

NameTitle
Charlie TitusChair
Jerry CoxCommittee Chair
Rona KileyCommittee Chair
Shirley CarringtonCommittee Chair
Hubie JonesFounder and Committee Chair
Charlotte Golar RichieVice Chair
Arthur GeraldDirector
Carol MirandaDirector
Ericka FlorenceDirector
Laine BanksDirector
Leverett WingDirector
Matthew CammackDirector
Renee SimmonsDirector
Tulaine MontgomeryDirector
Arthur ChooClerk
Randall DavisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$144,309
Program Service Revenue
$158,416
Investment Income
$5
Other Revenue
$240
All Other Contributions
$144,309
Change in Net Assets
$-34,569
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$172,592
Salaries, Compensation, and Employee Benefits$97,389
Grants and Similar Amounts Paid$54,571
Total Fundraising Expense$34,563
Professional Fundraising Fees$12,987

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$97,082$50$0$97,132
Current Officers, Directors, Trustees, and Key Employees$58,703$13,049$12,737$84,489
Grants to Domestic Orgs$54,571--$54,571
Occupancy$31,841$3,508$6,203$41,552
Fees for Services Professional Fundraising--$12,987$12,987
Payroll Taxes$8,963$1,992$1,945$12,900
Other Expenses$11,191$600$0$11,791
Fees for Services Accounting$0$7,408$0$7,408
Office Expenses$3,273$3,830$47$7,150
Travel$1,579$209$67$1,855
Information Technology$883$91$172$1,146
Insurance$0$1,129$0$1,129
All Other Expenses$300$204$0$504
Total Functional Expenses$270,465$32,511$34,563$337,539
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Project HopeMillwood, VA501(c)(3)Family Led Stability Pilot$21,334
Citizens Housing & Planning AssociationBoston, MA501(c)(3)New Lease For Homeless Families : Family-Led Stability Pilot$18,339
Dudley Street Neighborhood Initiative IncRoxbury, MA501(c)(3)Family - Led Stability Pilot$14,898
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$12,987
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
Backup withholding compliance
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
No
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 B, Line 11B

The Executive Director and Treasurer review in detail; the Board of Directors is provided a copy for review

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

The board signs annual conflict of interest disclosures

Form 990, Part VI, Section B, Line 15

The board votes to authorize the Executive Director salary. The salary is based on comparable organization salaries.

Form 990, Part VI, Section C, Line 19

They are available upon requests. No requests were made during the year.

Filing and Contact Details

Filer

Filer Name
Bostons Higher Ground Inc
EIN
27-3660369
Phone
6176528014
Address
384 Warren Street, Roxbury, MA 02119

Signing Officer

Name
Mossik Hacobian
Title
Executive Director
Phone
6176528014
Signed
2019-05-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mossik Hacobian
Formed
2010
Legal Domicile
Ma
Voting Board Members
16
Independent Board Members
16
Employees
2
Volunteers
4

Preparer

Firm
Non Profit Capital Management LLC
Address
PO Box 211, Sterling, MA 01564
Preparer
Brian Kindorf
Phone
7819336726
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract - education consultants and program consultants

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt7Committee Chair
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IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
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IRS990/MissionDesc0TO CONNECT CHILDREN, YOUTH, AND FAMILIES IN BOSTON'S UNDERSERVED COMMUNITIES TO EXISTING SOLUTIONS AND SERVICES THAT CONTINUE TO IMPROVE, AVOID DUPLICATION, AND EMPOWER AND TRANSFORM LIVES FROM CRADLE TO CAREER BY ENGAGING COMMUNITY-BASED ORGANIZATIONS AND KEY STAKEHOLDERS IN AN EFFECTIVE AND EFFICIENT SERVICE DELIVERY MODEL.
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IRS990/PrincipalOfficerNm0Mossik Hacobian
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IRS990/ProgramServiceRevenueGrp/Desc0Contract Services
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IRS990/ProgSrvcAccomActy2Grp/Desc0Early Childhood Development: Higher Ground continued to support high quality child care services in its target area. Following an initial year of collaboration with the Crispus Attucks Children's Center (CACC), Higher Ground entered into a three-year agreement with CACC to support it in increasing its enrollment closer to capacity and to serve more children and families in Higher Ground's target area. We also supported CACC with its effort to embark on a much-needed capital improvement project and assembled a funding and financing package of $3.76 million which allowed the Center to upgrade its HVAC systems and replace decades-old windows with energy efficient windows, reconfigure several classrooms and carry out additional building envelop improvements.

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