Civic Intelligence

Rb Foundation Inc.

990 • Fiscal year 2018 • EIN 27-3905420

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 06, 2019

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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

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

100th percentile

794%

Higher net margin than 100% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

Asset Growth

5th percentile

-70%

Faster asset growth than 5% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Assets

Down

$16,037

Down $37,298 (-70%) from 2017

Net Assets

Down

$16,037

Down $37,298 (-70%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

-$4,699

Down $102,346 (-105%) from 2017

Expenses

Down

$32,599

Down $56,465 (-63%) from 2017

Net Income

Down

-$37,298

Down $45,881 (-535%) from 2017

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

2018

Assets$16,037
Liabilities$0
Net Assets$16,037

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

2018

Revenue-$4,699
Expenses$32,599
Net Income-$37,298
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 6, 2019
Return Version
2017v2.3
Gross Receipts
$34,895
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$53,303$16,005▼ $37,298
Total Assets$53,335$16,037▼ $37,298
Other Assets Total$32$32→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$53,335$16,037▼ $37,298
Total Net Assets Fund Balance$53,335$16,037▼ $37,298
Total Liabilities and Net Assets / Fund Balance$53,335$16,037▼ $37,298
Compensation and Service Providers

Board Members and Trustees

NameTitle
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
$5,105
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-9,804
All Other Contributions
$5,105
Change in Net Assets
$-37,298
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$29,003
Other Expenses$3,596
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$29,003--$29,003
Insurance-$1,661-$1,661
Fees for Services Accounting-$1,275-$1,275
Office Expenses-$147-$147
Other Expenses-$70-$70
Total Functional Expenses$29,003$3,596$0$32,599
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$39,594
Fundraising Gross Income$29,790
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
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 11B

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
Ryan Damaso
Title
Treasurer
Phone
7814493346
Signed
2019-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan Damaso
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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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 11B
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/TotalAssetsBOYAmt053335
IRS990/TotalAssetsEOYAmt016037
IRS990/TotalAssetsGrp/BOYAmt053335
IRS990/TotalAssetsGrp/EOYAmt016037
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt05105
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03596
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt029003
IRS990/TotalFunctionalExpensesGrp/TotalAmt032599
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt053335
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt016037
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt028253
IRS990/TotalOtherProgSrvcGrantAmt028253
IRS990/TotalProgramServiceExpensesAmt029003
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-9804
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-4699
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt053335
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt016037
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt053335
IRS990/UnrestrictedNetAssetsGrp/EOYAmt016037
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RYAN DAMASO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07814493346
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-02-06
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/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId076BE703B154F781EAD25CEBB0F1C285AEB5FDDCB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.147.17.109
ReturnHeader/FilingSecurityInformation/IPDt02019-02-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm015:28:50
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/ReturnTs02019-02-06T15:28:52-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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