Civic Intelligence

Rb Foundation Inc.

990 • Fiscal year 2022 • EIN 27-3905420

Jul 01, 2021 to Jun 30, 2022 • Filed on Sep 21, 2022

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2130 Providence HighwayWalpole, MA 02081

(781) 449-3346

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$158,146

Down $94,901 (-38%) from 2021

Net Assets

Down

$155,528

Down $69,795 (-31%) from 2021

Liabilities

Down

$2,618

Down $25,106 (-91%) from 2021

Revenue And Expenses

Revenue

Down

$174,857

Down $79,345 (-31%) from 2021

Expenses

Up

$244,652

Up $199,886 (+447%) from 2021

Net Income

Down

-$69,795

Down $279,231 (-133%) from 2021

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 2022: $158,146Liabilities 2022: $2,618Net Assets 2022: $155,5282022Assets 2025: $5,742Liabilities 2025: $0Net Assets 2025: $5,7422025

Highlighted filing

2022

Assets$158,146
Liabilities$2,618
Net Assets$155,528

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 2022: $174,857Expenses 2022: $244,652Net Income 2022: -$69,7952022Revenue 2025: $650Expenses 2025: $8,175Net Income 2025: -$7,5252025

Highlighted filing

2022

Revenue$174,857
Expenses$244,652
Net Income-$69,795
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Sep 21, 2022
Return Version
2021v4.2
Gross Receipts
$293,517
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, 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$253,047$158,146▼ $94,901
Total Assets$253,047$158,146▼ $94,901
Liabilities
Accounts Payable and Accrued Expenses$27,724$2,618▼ $25,106
Total Liabilities$27,724$2,618▼ $25,106
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$225,323$155,528▼ $69,795
Total Net Assets Fund Balance$225,323$155,528▼ $69,795
Total Liabilities and Net Assets / Fund Balance$253,047$158,146▼ $94,901
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christina BarlettaPresident/clerk
Robert BarlettaDirector
Brian WebberTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$308
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$174,549
All Other Contributions
$308
Change in Net Assets
$-69,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$239,077
Other Expenses$5,575
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$239,077--$239,077
Insurance-$4,075-$4,075
Fees for Services Accounting-$1,500-$1,500
Total Functional Expenses$239,077$5,575$0$244,652
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$293,209
Fundraising Direct Expenses$118,660
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Golf Tournament$293,209$293,209$108,978$184,231
Total Events$293,209$293,209$108,978$184,231
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 35% controlled entity
No
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/president family relationship - married

Form 990, Part VI, Section B, Line 11B

The foudnation supplies the officers copies of the return to review before filing.

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
Christina Barletta
Title
President
Phone
7814493346
Signed
2022-09-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christina Barletta
Formed
2010
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
3
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/PRESIDENT FAMILY RELATIONSHIP - MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUDNATION SUPPLIES THE OFFICERS COPIES OF THE RETURN TO REVIEW BEFORE FILING.
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
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IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.RBFOUNDATIONINC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTINA BARLETTA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07814493346
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-21
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/ReturnTs02022-10-11T08:19:33-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHRISTINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BARLETTA
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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