Civic Intelligence

Dpi Greendale Inc.

990 • Fiscal year 2018 • EIN 30-0142607

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

118 Allied DriveDedham, MA 02026

(781) 449-8545

Siviq Scores

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

Liabilities / Assets

95th percentile

1.01x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

99th percentile

12.87x

Higher debt load relative to revenue than 99% of similar nonprofits.

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

Net Margin

4th percentile

-148%

Higher net margin than 4% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

26th percentile

-13%

Faster asset growth than 26% of similar nonprofits.

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

Revenue Growth

67th percentile

13%

Faster revenue growth than 67% of similar nonprofits.

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

Assets

Down

$482,704

Down $69,751 (-13%) from 2017

Net Assets

Down

-$6,566

Down $56,275 (-113%) from 2017

Liabilities

Down

$489,270

Down $13,476 (-2.7%) from 2017

Revenue

Up

$38,031

Up $4,452 (+13%) from 2017

Expenses

Up

$94,306

Up $46,155 (+96%) from 2017

Net Income

Down

-$56,275

Down $41,703 (-286%) from 2017

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2013: $600,349Liabilities 2013: $459,525Net Assets 2013: $140,8242013Assets 2014: $605,262Liabilities 2014: $484,156Net Assets 2014: $121,1062014Assets 2015: $588,734Liabilities 2015: $503,160Net Assets 2015: $85,5742015Assets 2017: $552,455Liabilities 2017: $502,746Net Assets 2017: $49,7092017Assets 2018: $482,704Liabilities 2018: $489,270Net Assets 2018: -$6,5662018Assets 2020: $486,241Liabilities 2020: $510,921Net Assets 2020: -$24,6802020Assets 2021: $461,363Liabilities 2021: $493,717Net Assets 2021: -$32,3542021Assets 2022: $459,481Liabilities 2022: $507,438Net Assets 2022: -$47,9572022Assets 2025: $455,807Liabilities 2025: $549,972Net Assets 2025: -$94,1652025

Highlighted filing

2018

Assets$482,704
Liabilities$489,270
Net Assets-$6,566

Operations Trend

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

$100K$50K$0-$50K-$100KExpenses 2013: $65,4022013Revenue 2014: $28,982Expenses 2014: $48,700Net Income 2014: -$19,7182014Revenue 2015: $28,155Expenses 2015: $63,687Net Income 2015: -$35,5322015Revenue 2017: $33,579Expenses 2017: $48,151Net Income 2017: -$14,5722017Revenue 2018: $38,031Expenses 2018: $94,306Net Income 2018: -$56,2752018Revenue 2020: $50,107Expenses 2020: $57,533Net Income 2020: -$7,4262020Revenue 2021: $52,589Expenses 2021: $60,263Net Income 2021: -$7,6742021Revenue 2022: $50,102Expenses 2022: $65,705Net Income 2022: -$15,6032022Revenue 2025: $55,880Expenses 2025: $69,698Net Income 2025: -$13,8182025

Highlighted filing

2018

Revenue$38,031
Expenses$94,306
Net Income-$56,275
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 30, 2019
Return Version
2017v2.3
Gross Receipts
$38,031
Mission and Program Overview

Mission

To provide affordable housing to developmentally disabled persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$478,902$455,869▼ $23,033
Accounts Receivable$12,020--
Cash and Non-Interest-Bearing Accounts$35,556$4,085▼ $31,471
Total Assets$552,455$482,704▼ $69,751
Other Assets Total$25,977$22,750▼ $3,227
Liabilities
Mortgage Notes Payable Secured by Investment Property$293,439$293,439→ $0
Other Liabilities$207,307$195,164▼ $12,143
Accounts Payable and Accrued Expenses$2,000$667▼ $1,333
Total Liabilities$502,746$489,270▼ $13,476
Net Assets / Fund Balance
Temporarily Rstr Net Assets$425,998$425,998→ $0
Unrestricted Net Assets$-376,289$-432,564▼ $56,275
Total Net Assets Fund Balance$49,709$-6,566▼ $56,275
Total Liabilities and Net Assets / Fund Balance$552,455$482,704▼ $69,751

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$185,869$206,129$391,998
Land$270,000-$270,000
Compensation and Service Providers

Employees

NameTitleOtherTotal
Anthony J Mascaro JrTreasurer$135,787$135,787
Kevin McculloughPresident (thru 8/2017)$107,835$107,835
John PalliesPresident (beg. 8/2017)$53,740$53,740

Board Members and Trustees

NameTitle
Scott SargisVice President
Mike OliverClerk
Revenue and Support

Revenue Composition

Contributions and Grants
$17,866
Program Service Revenue
$20,156
Investment Income
$9
Other Revenue
$0
Change in Net Assets
$-56,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$94,306
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$18,273--$18,273
Insurance$9,036--$9,036
Fees for Services Accounting-$4,500-$4,500
Fees for Services Management-$1,618-$1,618
Other Expenses$50$1,144-$1,194
Total Functional Expenses$59,126$35,180$0$94,306
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Delta Projects, Inc.$194,005
Tenant Security Deposits$1,159
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees with authority to act on behalf of the board of directors.

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

The chief financial officer of delta projects, inc. (managing agent) reviews a draft of the form 990, which is prepared by the organization's independent accountants. Any comments resulting from the review process are incorporated into the form by the independent accountants. A final version of the form 990 is made available to the board of directors prior to its filing with the irs.

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

Officers and directors must disclose in writing to the board of directors financial interests, other board memberships and the total of any amounts received from the organization and delta projects, inc. For services rendered.

Form 990, Part VI, Section B, Line 15A

The organization does not have any employees; however, the president of the board of directors is compensated as the chief executive officer of delta projects, inc., a related organization. The board of directors of delta projects, inc. Reviews compensation of executives of similar size organizations in determining the chief executive officer's salary.

Form 990, Part VI, Section C, Line 19

The organization is included in consolidated audited financial statements. These consolidated financial statements are available to the public by way of the websites of certain state regulatory agencies. The organization's governing documents and conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Dpi Greendale Inc
EIN
30-0142607
Phone
7814498545
Address
118 ALLIED DRIVE, DEDHAM, MA 02026

Signing Officer

Name
John Pallies
Title
President
Phone
7814498545
Signed
2019-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Pallies
Formed
2002
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
4

Preparer

Firm
Leonard Mulherin & Greene Pc
Address
625 GROVE STREET, BRAINTREE, MA 02184
Preparer
Stephen M Snow
Phone
7813564800
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHIEF FINANCIAL OFFICER OF DELTA PROJECTS, INC. (MANAGING AGENT) REVIEWS A DRAFT OF THE FORM 990, WHICH IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS. ANY COMMENTS RESULTING FROM THE REVIEW PROCESS ARE INCORPORATED INTO THE FORM BY THE INDEPENDENT ACCOUNTANTS. A FINAL VERSION OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO ITS FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS AND DIRECTORS MUST DISCLOSE IN WRITING TO THE BOARD OF DIRECTORS FINANCIAL INTERESTS, OTHER BOARD MEMBERSHIPS AND THE TOTAL OF ANY AMOUNTS RECEIVED FROM THE ORGANIZATION AND DELTA PROJECTS, INC. FOR SERVICES RENDERED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES; HOWEVER, THE PRESIDENT OF THE BOARD OF DIRECTORS IS COMPENSATED AS THE CHIEF EXECUTIVE OFFICER OF DELTA PROJECTS, INC., A RELATED ORGANIZATION. THE BOARD OF DIRECTORS OF DELTA PROJECTS, INC. REVIEWS COMPENSATION OF EXECUTIVES OF SIMILAR SIZE ORGANIZATIONS IN DETERMINING THE CHIEF EXECUTIVE OFFICER'S SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION IS INCLUDED IN CONSOLIDATED AUDITED FINANCIAL STATEMENTS. THESE CONSOLIDATED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY WAY OF THE WEBSITES OF CERTAIN STATE REGULATORY AGENCIES. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
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IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN PALLIES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07814498545
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-01-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DPI GREENDALE INC
ReturnHeader/Filer/BusinessNameControlTxt0DPIG
ReturnHeader/Filer/EIN0300142607
ReturnHeader/Filer/PhoneNum07814498545
ReturnHeader/Filer/USAddress/AddressLine1Txt0118 ALLIED DRIVE
ReturnHeader/Filer/USAddress/CityNm0DEDHAM
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06761E5A0F78115DE24D110D3E4C16F6B53D4B498
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.78.249.1
ReturnHeader/FilingSecurityInformation/IPDt02019-01-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm011:51:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043108635
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEONARD MULHERIN & GREENE PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0625 GROVE STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRAINTREE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002184
ReturnHeader/PreparerPersonGrp/PhoneNum07813564800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN M SNOW

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