Civic Intelligence

For Our Communities - Focus Inc

990 • Fiscal year 2017 • EIN 27-4573326

Oct 01, 2016 to Sep 30, 2017 • Filed on Aug 14, 2018

27 Mica Lane 3rd FloorWellesley, MA 02481

(781) 992-5300

Siviq Scores

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

Liabilities / Assets

85th percentile

0.65x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

100th percentile

44.21x

Higher debt load relative to revenue than 100% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

1st percentile

-217%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

97th percentile

163%

Faster asset growth than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

99th percentile

768%

Faster revenue growth than 99% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,526,228

Up $946,221 (+163%) from 2016

Net Assets

Down

$530,312

Down $48,814 (-8.4%) from 2016

Liabilities

Up

$995,916

Up $995,035 (+112944%) from 2016

Revenue

Up

$22,526

Up $19,931 (+768%) from 2016

Expenses

Up

$71,340

Up $28,836 (+68%) from 2016

Net Income

Down

-$48,814

Down $8,905 (-22%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2012: $14,644Liabilities 2012: $100Net Assets 2012: $14,5442012Assets 2013: $44,210Liabilities 2013: $47Net Assets 2013: $44,1632013Assets 2014: $656,762Liabilities 2014: $0Net Assets 2014: $656,7622014Assets 2015: $619,035Liabilities 2015: $0Net Assets 2015: $619,0352015Assets 2016: $580,007Liabilities 2016: $881Net Assets 2016: $579,1262016Assets 2017: $1,526,228Liabilities 2017: $995,916Net Assets 2017: $530,3122017Assets 2018: $1,448,090Liabilities 2018: $999,184Net Assets 2018: $448,9062018Assets 2019: $1,424,256Liabilities 2019: $1,016,107Net Assets 2019: $408,1492019Assets 2020: $1,494,188Liabilities 2020: $1,167,309Net Assets 2020: $326,8792020Assets 2021: $1,371,434Liabilities 2021: $1,106,430Net Assets 2021: $265,0042021Assets 2022: $1,854,510Liabilities 2022: $1,726,716Net Assets 2022: $127,7942022Assets 2023: $1,823,988Liabilities 2023: $1,829,877Net Assets 2023: -$5,8892023Assets 2024: $44,422Liabilities 2024: $43,369Net Assets 2024: $1,0532024Assets 2025: $33,862Liabilities 2025: $0Net Assets 2025: $33,8622025

Highlighted filing

2017

Assets$1,526,228
Liabilities$995,916
Net Assets$530,312

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2012: $17,000Expenses 2012: $2,456Net Income 2012: $14,5442012Revenue 2013: $39,394Expenses 2013: $9,775Net Income 2013: $29,6192013Revenue 2014: $625,000Expenses 2014: $12,401Net Income 2014: $612,5992014Revenue 2015: $62Expenses 2015: $37,789Net Income 2015: -$37,7272015Revenue 2016: $2,595Expenses 2016: $42,504Net Income 2016: -$39,9092016Revenue 2017: $22,526Expenses 2017: $71,340Net Income 2017: -$48,8142017Revenue 2018: $254,382Expenses 2018: $335,788Net Income 2018: -$81,4062018Revenue 2019: $276,944Expenses 2019: $317,701Net Income 2019: -$40,7572019Revenue 2020: $274,418Expenses 2020: $305,688Net Income 2020: -$31,2702020Revenue 2021: $243,044Expenses 2021: $304,918Net Income 2021: -$61,8742021Revenue 2022: $265,730Expenses 2022: $343,357Net Income 2022: -$77,6272022Revenue 2023: $260,230Expenses 2023: $368,554Net Income 2023: -$108,3242023Revenue 2024: $50,152Expenses 2024: $41,178Net Income 2024: $8,9742024Revenue 2025: $91Expenses 2025: $1,051Net Income 2025: -$9602025

Highlighted filing

2017

Revenue$22,526
Expenses$71,340
Net Income-$48,814
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Aug 14, 2018
Return Version
2016v3.0
Gross Receipts
$22,526
Mission and Program Overview

Mission

For our communities focus, inc. Is a massachusetts non-profit corporation operating for the charitable purpose of conducting activities that facilitate and promote the development and operation of affordable housing, as well as support the residents of such housing and the preservation of deteriorating buildings and neighborhoods.

Supporting residents of affordable housing communities by:- promoting the development of affordable housing - providing educational assistance and other services to residents of affordable housing- providing services to residents of low-income neighborhoods - providing educational opportunities to professionals in the field of affordable housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$1,117,632▲ $1,117,632
Savings and Temporary Cash Investments$575,657$387,878▼ $187,779
Cash and Non-Interest-Bearing Accounts$3,544$14,376▲ $10,832
Accounts Receivable-$5,466-
Prepaid Expenses and Deferred Charges$806$876▲ $70
Total Assets$580,007$1,526,228▲ $946,221
Liabilities
Mortgage Notes Payable Secured by Investment Property-$983,154-
Accounts Payable and Accrued Expenses$881$12,762▲ $11,881
Total Liabilities$881$995,916▲ $995,035
Net Assets / Fund Balance
Unrestricted Net Assets$579,126$530,312▼ $48,814
Total Net Assets Fund Balance$579,126$530,312▼ $48,814
Total Liabilities and Net Assets / Fund Balance$580,007$1,526,228▲ $946,221

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$913,183$7,674$920,857
Leasehold Improvements$204,449$1,718$206,167
Compensation and Service Providers

Board Members and Trustees

NameTitle
Susan S StockardPresident
Brenda TorpyDirector
Gary BaileyDirector
Judith BecklerDirector
Mariama White-hammondDirector
Diana KellyExeuctive Director
Jesse HergertTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$16,600
Program Service Revenue
$5,466
Investment Income
$460
Other Revenue
$0
All Other Contributions
$16,600
Change in Net Assets
$-48,814

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,526
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$32,073
Total Revenue per Audited Statements
$54,599
Total Revenue per Form 990
$22,526
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$37,986
Salaries, Compensation, and Employee Benefits$27,354
Grants and Similar Amounts Paid$6,000
Total Fundraising Expense$1,890
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$22,292--$22,292
Interest$14,627--$14,627
Depreciation Depletion$9,392--$9,392
Grants to Domestic Individuals$6,000--$6,000
Fees for Services Legal-$5,587-$5,587
Payroll Taxes$5,062--$5,062
Office Expenses-$3,022-$3,022
Fees for Services Accounting-$2,500-$2,500
Fees for Services Other--$1,890$1,890
Insurance-$968-$968
Total Functional Expenses$57,373$12,077$1,890$71,340

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$103,413
Expenses per Audited Statements$71,340
Total Expenses per Form 990$71,340
Expenses Not Reported on Form 990$32,073
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Audit committee
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 8B

There are no committees with authority to act on behalf of the governing body.

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

The board of directors reviews and approves the form 990 prior to its filing. The form 990 was then authorized and signed by the organization's treasurer.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
For Our Communities - Focus Inc
EIN
27-4573326
Phone
7819925300
Address
27 MICA LANE 3RD FLOOR, WELLESLEY, MA 02481
Doing Business As
Focus

Signing Officer

Name
Jesse Hergert
Title
Treasurer
Phone
7819925300
Signed
2018-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jesse Hergert
Formed
2011
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Smith Sullivan & Brown Pc
Address
80 FLANDERS ROAD - SUITE 200, WESTBOROUGH, MA 01581
Preparer
Sandra M Brown CPA
Phone
5088717178
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

As a result of the organization's may 31, 2017 purchase of 114 temple street, somerville, ma ("focus @ 114"), containing 15 housing units, the organization now provides housing for young women who have aged out of foster care.

Raw XML Appendix380 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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0913183
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07674
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0920857
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt032073
IRS990ScheduleD/DonatedServicesUseFcltsAmt032073
IRS990ScheduleD/ExpensesNotReportedAmt032073
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt071340
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0204449
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01718
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0206167
IRS990ScheduleD/RevenueNotReportedAmt032073
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt022526
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01117632
IRS990ScheduleD/TotalExpensesPerForm990Amt071340
IRS990ScheduleD/TotalRevenuePerForm990Amt022526
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt054599
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0103413
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt06000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TO ALLOW RECIPIENTS TO ATTEND THE ANNUAL NEW ENGLAND RESIDENT SERVICE COO
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt014
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FOCUS RECEIVES A STATEMENT OF THE REGISTRATION AND COMPLETION OF THE TRAINING FROM THE ORGANIZATION PROVIDING THE TRAINING.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS A RESULT OF THE ORGANIZATION'S MAY 31, 2017 PURCHASE OF 114 TEMPLE STREET, SOMERVILLE, MA ("FOCUS @ 114"), CONTAINING 15 HOUSING UNITS, THE ORGANIZATION NOW PROVIDES HOUSING FOR YOUNG WOMEN WHO HAVE AGED OUT OF FOSTER CARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 PRIOR TO ITS FILING. THE FORM 990 WAS THEN AUTHORIZED AND SIGNED BY THE ORGANIZATION'S TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0580007
IRS990/TotalAssetsEOYAmt01526228
IRS990/TotalAssetsGrp/BOYAmt0580007
IRS990/TotalAssetsGrp/EOYAmt01526228
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt016600
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01890
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012077
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt057373
IRS990/TotalFunctionalExpensesGrp/TotalAmt071340
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0881
IRS990/TotalLiabilitiesEOYAmt0995916
IRS990/TotalLiabilitiesGrp/BOYAmt0881
IRS990/TotalLiabilitiesGrp/EOYAmt0995916
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0579126
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0530312
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt057373
IRS990/TotalProgramServiceRevenueAmt05466
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0460
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05466
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt022526
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0580007
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01526228
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0579126
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0530312
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt027 MICA LANE 3RD FLOOR
IRS990/USAddress/CityNm0WELLESLEY
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002481
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.HOUSINGFOCUS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JESSE HERGERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07819925300
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOR OUR COMMUNITIES - FOCUS INC
ReturnHeader/Filer/BusinessNameControlTxt0FORO
ReturnHeader/Filer/EIN0274573326
ReturnHeader/Filer/PhoneNum07819925300
ReturnHeader/Filer/USAddress/AddressLine1Txt027 MICA LANE 3RD FLOOR
ReturnHeader/Filer/USAddress/CityNm0WELLESLEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002481
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01152462D604FCB3F3D5BC2CBC908B80974D9D25D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0764155EABFB2F6222D891C4EF4C40706A5CB5DB4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.248.188.134
ReturnHeader/FilingSecurityInformation/IPDt02018-08-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:55:31
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431985162
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SMITH SULLIVAN & BROWN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt080 FLANDERS ROAD - SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTBOROUGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001581
ReturnHeader/PreparerPersonGrp/PhoneNum05088717178
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SANDRA M BROWN CPA
ReturnHeader/ReturnTs02018-08-15T09:36:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.00$0.00$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.00$0.05$0.04$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.82$1.83$0.01$0.26$0.37$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.85$1.73$0.13$0.27$0.34$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.37$1.11$0.27$0.24$0.30$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.49$1.17$0.33$0.27$0.31$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.42$1.02$0.41$0.28$0.32$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.45$1.00$0.45$0.25$0.34$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.53$1.00$0.53$0.02$0.07$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.00$0.04$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.00$0.04$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.63$0.01$0.61
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.04$0.01$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.02$0.00$0.01