Civic Intelligence

Rb Foundation Inc.

990 • Fiscal year 2016 • EIN 27-3905420

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 06, 2017

Refreshing map…

2130 Providence HighwayWalpole, MA 02081

(781) 449-3346

Siviq Scores

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

Liabilities / Assets

85th percentile

0.27x

Higher debt load relative to assets than 85% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

89th percentile

0.26x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

64th percentile

10.0%

Higher net margin than 64% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

66th percentile

13%

Faster asset growth than 66% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2016

Revenue Growth

63rd percentile

9.6%

Faster revenue growth than 63% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2016

Assets

Up

$61,501

Up $13,019 (+27%) from 2014

Net Assets

Down

$44,752

Down $3,730 (-7.7%) from 2014

Liabilities

Up

$16,749

Up $16,749 from 2014

Revenue

Up

$64,680

Up $10,856 (+20%) from 2014

Expenses

Down

$58,223

Down $13,619 (-19%) from 2014

Net Income

Up

$6,457

Up $24,475 (+136%) from 2014

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

2016

Assets$61,501
Liabilities$16,749
Net Assets$44,752

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

2016

Revenue$64,680
Expenses$58,223
Net Income$6,457
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 6, 2017
Return Version
2015v3.0
Gross Receipts
$90,060
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.

The corporation is organized exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code including, but not limited to, provideing 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$60,702$61,501▲ $799
Total Assets$60,702$61,501▲ $799
Liabilities
Other Liabilities$22,406$16,749▼ $5,657
Accounts Payable and Accrued Expenses-$0-
Total Liabilities$22,406$16,749▼ $5,657
Net Assets / Fund Balance
Unrestricted Net Assets$38,296$44,752▲ $6,456
Total Net Assets Fund Balance$38,296$44,752▲ $6,456
Total Liabilities and Net Assets / Fund Balance$60,702$61,501▲ $799
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bryar HasenjagerPresident
Brian WebberDirector
Curt RodmanDirector
Greg MenzelDirector
John WalshDirector
Karen KennyDirector
Marc RuskinDirector
Robert BarlettaDirector
Ryan DamasoDirector
Steven SheinkopfDirector
Christina BarlettaClerk
Revenue and Support

Revenue Composition

Contributions and Grants
$22,151
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$42,529
All Other Contributions
$22,151
Change in Net Assets
$6,457
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$49,308
Other Expenses$8,915
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$49,308--$49,308
Insurance-$1,900-$1,900
Fees for Services Accounting-$1,275-$1,275
Other Expenses-$506-$506
Office Expenses-$242-$242
Advertising-$75-$75
Total Functional Expenses$49,308$8,915$0$58,223
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$67,832
Fundraising Direct Expenses$25,380
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
American Express$16,749
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, Part VI, Section A, line 2

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

Form 990, Part VI, Section B, line 11

No review was or will be conducted

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

Enforcement of conflicts of interest policy 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 the 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) many not be involved in the decision fo 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 wasw managed and the outcome will be documented in the minutes of the 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 occured.

Form 990, Part VI, Section C, line 19

The organizations articles of organization and bylaws are published on the ma attorney general's website.

Filing and Contact Details

Filer

Filer Name
Rb Foundation Inc
EIN
27-3905420
Phone
7814493346
Address
2130 PROVIDENCE HIGHWAY, WALPOLE, MA 02081

Signing Officer

Name
Bryar Hasenjaeger
Title
President
Phone
7814493346
Signed
2017-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bryar Hasenjaeger
Formed
2010
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Treeful Damaso Aniceto Inc
Address
105 Chestnut Street Suite 10, Needham, MA 02492
Preparer
Ryan Damaso
Phone
7814493346
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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/CurrentTaxYearMinus2YearsAmt072812
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt078503
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0102993
IRS990ScheduleA/Total509Grp/TotalAmt0438198
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt077942
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0105948
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt072812
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt078503
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0102993
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0438198
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016749
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0AMERICAN EXPRESS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt016749
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROBERT BARLETTA, DIRECTOR CHRISTINA BARLETTA, CLERK /DIRECTOR FAMILY RELATIONSHIP - MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ENFORCEMENT OF CONFLICTS OF INTEREST POLICY 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 THE 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) MANY NOT BE INVOLVED IN THE DECISION FO 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 WASW MANAGED AND THE OUTCOME WILL BE DOCUMENTED IN THE MINUTES OF THE 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 OCCURED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATIONS ARTICLES OF ORGANIZATION AND BYLAWS ARE PUBLISHED ON THE MA ATTORNEY GENERAL'S WEBSITE.
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 C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt060702
IRS990/TotalAssetsEOYAmt061501
IRS990/TotalAssetsGrp/BOYAmt060702
IRS990/TotalAssetsGrp/EOYAmt061501
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt022151
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08915
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt049308
IRS990/TotalFunctionalExpensesGrp/TotalAmt058223
IRS990/TotalGrossUBIAmt077
IRS990/TotalLiabilitiesBOYAmt022406
IRS990/TotalLiabilitiesEOYAmt016749
IRS990/TotalLiabilitiesGrp/BOYAmt022406
IRS990/TotalLiabilitiesGrp/EOYAmt016749
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt038296
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt044752
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt037928
IRS990/TotalOtherProgSrvcGrantAmt037928
IRS990/TotalProgramServiceExpensesAmt049308
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt042452
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt064680
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt077
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt060702
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt061501
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt038296
IRS990/UnrestrictedNetAssetsGrp/EOYAmt044752
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02130 PROVIDENCE HIGHWAY
IRS990/USAddress/CityNm0WALPOLE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002081
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.RBFOUNDATIONINC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRYAR HASENJAEGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07814493346
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RB FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0RBFO
ReturnHeader/Filer/EIN0273905420
ReturnHeader/Filer/PhoneNum07814493346
ReturnHeader/Filer/USAddress/AddressLine1Txt02130 PROVIDENCE HIGHWAY
ReturnHeader/Filer/USAddress/CityNm0WALPOLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002081
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471028363
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Treeful Damaso Aniceto Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0105 Chestnut Street Suite 10
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Needham
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002492
ReturnHeader/PreparerPersonGrp/PhoneNum07814493346
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RYAN DAMASO
ReturnHeader/ReturnTs02017-02-06T15:33:47-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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