Civic Intelligence

Rb Foundation Inc.

990 • Fiscal year 2014 • EIN 27-3905420

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 17, 2014

2130 Providence Highway02081

(617) 640-9644

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

11th percentile

-33%

Higher net margin than 11% of similar nonprofits.

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

Top Officer Pay

77th percentile

$5,000

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

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

Asset Growth

16th percentile

-27%

Faster asset growth than 16% 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

$48,482

Down $18,017 (-27%) from 2013

Net Assets

Down

$48,482

Down $18,017 (-27%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

$53,824

No earlier filing loaded for comparison.

Expenses

Up

$71,842

Up $31,894 (+80%) from 2013

Net Income

-$18,018

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.

$300K$200K$100K$0Assets 2012: $60,334Liabilities 2012: $0Net Assets 2012: $60,3342012Assets 2013: $66,499Liabilities 2013: $0Net Assets 2013: $66,4992013Assets 2014: $48,482Liabilities 2014: $0Net Assets 2014: $48,4822014Assets 2016: $61,501Liabilities 2016: $16,749Net Assets 2016: $44,7522016Assets 2017: $53,335Liabilities 2017: $0Net Assets 2017: $53,3352017Assets 2018: $16,037Liabilities 2018: $0Net Assets 2018: $16,0372018Assets 2019: $18,033Liabilities 2019: $0Net Assets 2019: $18,0332019Assets 2020: $15,887Liabilities 2020: $0Net Assets 2020: $15,8872020Assets 2021: $253,047Liabilities 2021: $27,724Net Assets 2021: $225,3232021Assets 2025: $5,742Liabilities 2025: $0Net Assets 2025: $5,7422025

Highlighted filing

2014

Assets$48,482
Liabilities$0
Net Assets$48,482

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2012: $45,7572012Expenses 2013: $39,9482013Revenue 2014: $53,824Expenses 2014: $71,842Net Income 2014: -$18,0182014Revenue 2016: $64,680Expenses 2016: $58,223Net Income 2016: $6,4572016Revenue 2017: $97,647Expenses 2017: $89,064Net Income 2017: $8,5832017Revenue 2018: -$4,699Expenses 2018: $32,599Net Income 2018: -$37,2982018Revenue 2019: $2,965Expenses 2019: $968Net Income 2019: $1,9972019Revenue 2020: $166Expenses 2020: $2,312Net Income 2020: -$2,1462020Revenue 2021: $254,202Expenses 2021: $44,766Net Income 2021: $209,4362021Revenue 2025: $650Expenses 2025: $8,175Net Income 2025: -$7,5252025

Highlighted filing

2014

Revenue$53,824
Expenses$71,842
Net Income-$18,018
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 17, 2014
Return Version
2013v3.1
Gross Receipts
$72,812
Mission and Program Overview

Mission

The corporation is organized exclusively for charitable and educational purposes within the meaning of the section 501(c)(3) of the internal revenue code including, but not limited to , providing financial assistance to ice hockey players in need, so that they may receive a positive, character building hockey experience, while fostering a passion for the game.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$66,500$47,716▼ $18,784
Other Notes and Loans Receivable, Net-$766-
Total Assets$66,500$48,482▼ $18,018
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$66,500$48,482▼ $18,018
Total Net Assets Fund Balance$66,500$48,482▼ $18,018
Total Liabilities and Net Assets / Fund Balance$66,500$48,482▼ $18,018
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bryar HasenjaegerPresident/diPT$5,000$5,000

Board Members and Trustees

NameTitle
Brian WebberDirector
Christian DwyerDirector
Curtis RodmanDirector
Greg MenzelDirector
John WalshDirector
Mark RuskinDirector
Robert BarlettaDirector
Steve SheinkopfDirector
Christina BarlettaClerk/direct
Joseph B MoriartyTreasurer/di
Revenue and Support

Revenue Composition

Contributions and Grants
$6,891
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$46,933
All Other Contributions
$6,891
Change in Net Assets
$-18,018
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$63,055
Salaries, Compensation, and Employee Benefits$6,804
Other Expenses$1,983
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$53,505--$53,505
Grants to Domestic Orgs$9,550--$9,550
Other Salaries and Wages-$6,155-$6,155
Fees for Services Accounting-$1,397-$1,397
Payroll Taxes-$649-$649
Insurance-$352-$352
Other Expenses-$35-$35
Total Functional Expenses$63,055$8,787$0$71,842
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
54-2180598--Scholarships$5,550
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$65,921
Fundraising Direct Expenses$18,988
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$65,921$65,921$16,538$49,383
Total Events$65,921$65,921$18,988$46,933
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
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
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Robert barletta christina barletta director clerk/direct family relationship - married

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

No review was or will be conducted.

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

For each interest disclosed, the full board, or the president of the organization, as appropriate, will determine whether the organization should: (a) take no action or (b) disclose the situation more broadly and invite discussion/resolution by the full board of what action to take, or (c) refrain from taking action and otherwise avoid the conflict. In most cases, the broadest disclosure possible is advisable so that decision- makers can make informed decisions that are in the best interests of the organization. When the conflict involves a decision-maker, the person with the conflict ("interested party"): (i) must fully disclose the conflict to all other decision-makers; (ii) may not be involved in the decision of what action to take (e.g., may not participate in a vote) but may serve as a resource to provide other decision-makers with necessary information. In some cases the person with the conflict may be asked to excuse him/herself from sensitive discussions so as not to unduly influence the discussion of the conflict. In all cases, decisions involving a conflict will be made only by disinterested persons. The fact that a conflict was managed and the outcome will be documented in the minutes of board meetings. The president of the board will monitor proposed or ongoing transactions of the organization (e.g., contracts with vendors and collaborations with third parties) for conflicts of interest and disclose them to the board and staff, as appropriate, whether discovered before or after the transaction has occurred.

Form 990, Page 6, Part VI, Line 19

The organizations articles of organization and bylaws are published on the ma attorney general's website. Rb foundation will be filing their inital form 990 and ma pc for the year ended 6/30/2012. Copies of these returns will be available on the ma attorney general's website.

Filing and Contact Details

Filer

EIN
27-3905420

Signing Officer

Name
Bryar Hasenjaeger
Title
President
Signed
2014-11-17

Organization Details

Principal Officer
Bryar Hasenjaeger
Formed
2010
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
6

Preparer

Preparer
Joseph B Moriarty CPA
Phone
7817696300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The corporation is organized exclusively for charitable and educational purposes within the meaning of the section 501(c)(3) of the internal revenue code including, but not limited to , providing financial assistance to ice hockey players in need, so that they may receive a positive, character building hockey experience, while fostering a passion for the game.

Form 990, Page 2, Part III, Line 4D

Miscellaneous charities and scholarships

Raw XML Appendix371 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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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0500
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt065921
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt065921
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt065921
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt065921
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0OFF ICE GALA
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt046933
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt016538
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt016538
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt027735
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt125770
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0MISC CHARITIES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt037
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt122
IRS990ScheduleI/RecipientTable/CashGrantAmt05550
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10WALPOLE EXPRESS
IRS990ScheduleI/RecipientTable/RecipientEIN0542180598
IRS990ScheduleI/RecipientTable/USAddress/AddressLine102130 PROVIDENCE HIGHWAY
IRS990ScheduleI/RecipientTable/USAddress/City0WALPOLE
IRS990ScheduleI/RecipientTable/USAddress/State0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode002081
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF THE SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE INCLUDING, BUT NOT LIMITED TO , PROVIDING FINANCIAL ASSISTANCE TO ICE HOCKEY PLAYERS IN NEED, SO THAT THEY MAY RECEIVE A POSITIVE, CHARACTER BUILDING HOCKEY EXPERIENCE, WHILE FOSTERING A PASSION FOR THE GAME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MISCELLANEOUS CHARITIES AND SCHOLARSHIPS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROBERT BARLETTA CHRISTINA BARLETTA DIRECTOR CLERK/DIRECT FAMILY RELATIONSHIP - MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOR EACH INTEREST DISCLOSED, THE FULL BOARD, OR THE PRESIDENT OF THE ORGANIZATION, AS APPROPRIATE, WILL DETERMINE WHETHER THE ORGANIZATION SHOULD: (A) TAKE NO ACTION OR (B) DISCLOSE THE SITUATION MORE BROADLY AND INVITE DISCUSSION/RESOLUTION BY THE FULL BOARD OF WHAT ACTION TO TAKE, OR (C) REFRAIN FROM TAKING ACTION AND OTHERWISE AVOID THE CONFLICT. IN MOST CASES, THE BROADEST DISCLOSURE POSSIBLE IS ADVISABLE SO THAT DECISION- MAKERS CAN MAKE INFORMED DECISIONS THAT ARE IN THE BEST INTERESTS OF THE ORGANIZATION. WHEN THE CONFLICT INVOLVES A DECISION-MAKER, THE PERSON WITH THE CONFLICT ("INTERESTED PARTY"): (I) MUST FULLY DISCLOSE THE CONFLICT TO ALL OTHER DECISION-MAKERS; (II) MAY NOT BE INVOLVED IN THE DECISION OF WHAT ACTION TO TAKE (E.G., MAY NOT PARTICIPATE IN A VOTE) BUT MAY SERVE AS A RESOURCE TO PROVIDE OTHER DECISION-MAKERS WITH NECESSARY INFORMATION. IN SOME CASES THE PERSON WITH THE CONFLICT MAY BE ASKED TO EXCUSE HIM/HERSELF FROM SENSITIVE DISCUSSIONS SO AS NOT TO UNDULY INFLUENCE THE DISCUSSION OF THE CONFLICT. IN ALL CASES, DECISIONS INVOLVING A CONFLICT WILL BE MADE ONLY BY DISINTERESTED PERSONS. THE FACT THAT A CONFLICT WAS MANAGED AND THE OUTCOME WILL BE DOCUMENTED IN THE MINUTES OF BOARD MEETINGS. THE PRESIDENT OF THE BOARD WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS OF THE ORGANIZATION (E.G., CONTRACTS WITH VENDORS AND COLLABORATIONS WITH THIRD PARTIES) FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE BOARD AND STAFF, AS APPROPRIATE, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATIONS ARTICLES OF ORGANIZATION AND BYLAWS ARE PUBLISHED ON THE MA ATTORNEY GENERAL'S WEBSITE. RB FOUNDATION WILL BE FILING THEIR INITAL FORM 990 AND MA PC FOR THE YEAR ENDED 6/30/2012. COPIES OF THESE RETURNS WILL BE AVAILABLE ON THE MA ATTORNEY GENERAL'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt066500
IRS990/TotalAssetsEOYAmt048482
IRS990/TotalAssetsGrp/BOYAmt066500
IRS990/TotalAssetsGrp/EOYAmt048482
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt06891
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08787
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt063055
IRS990/TotalFunctionalExpensesGrp/TotalAmt071842
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt066500
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt048482
IRS990/TotalOtherProgSrvcExpenseAmt027735
IRS990/TotalOtherProgSrvcGrantAmt027735
IRS990/TotalProgramServiceExpensesAmt063055
IRS990/TotalReportableCompFromOrgAmt05000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt053824
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt066500
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt048482
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt066500
IRS990/UnrestrictedNetAssetsGrp/EOYAmt048482
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1027 PINNACLE DRIVE
IRS990/USAddress/City0EAST WALPOLE
IRS990/USAddress/State0MA
IRS990/USAddress/ZIPCode002032
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.RBFOUNDATIONINC.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BRYAR HASENJAEGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine10RB FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0RBFO
ReturnHeader/Filer/EIN0273905420
ReturnHeader/Filer/USAddress/AddressLine102130 PROVIDENCE HIGHWAY
ReturnHeader/Filer/USAddress/City0WALPOLE
ReturnHeader/Filer/USAddress/State0MA
ReturnHeader/Filer/USAddress/ZIPCode002081
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042686846
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10KING MCNAMARA & MORIARTY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10473 WASHINGTON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0NORWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0020622330
ReturnHeader/PreparerPersonGrp/PhoneNum07817696300
ReturnHeader/PreparerPersonGrp/PreparationDt02014-12-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH B MORIARTY CPA
ReturnHeader/ReturnTs02014-12-23T12:12:13-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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