Civic Intelligence

Martin W Richard Charitable Foundation Inc

990 • Fiscal year 2017 • EIN 35-2491896

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 31, 2018

1452 Dorchester Avenue 4th FloorDorchester, MA 02125

(781) 235-1490

Siviq Scores

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

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

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

Liabilities / Revenue

28th percentile

0.03x

Higher debt load relative to revenue than 28% of similar nonprofits.

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

Net Margin

88th percentile

40%

Higher net margin than 88% 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

88th percentile

38%

Faster asset growth than 88% of similar nonprofits.

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

Revenue Growth

86th percentile

46%

Faster revenue growth than 86% of similar nonprofits.

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

Assets

Up

$4,699,200

Up $1,282,169 (+38%) from 2016

Net Assets

Up

$4,642,469

Up $1,260,668 (+37%) from 2016

Liabilities

Up

$56,731

Up $21,501 (+61%) from 2016

Revenue

Up

$2,261,507

Up $717,375 (+46%) from 2016

Expenses

Up

$1,362,217

Up $909,009 (+201%) from 2016

Net Income

Down

$899,290

Down $191,634 (-18%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2014: $1,405,887Liabilities 2014: $10,020Net Assets 2014: $1,395,8672014Assets 2015: $2,148,958Liabilities 2015: $16,176Net Assets 2015: $2,132,7822015Assets 2016: $3,417,031Liabilities 2016: $35,230Net Assets 2016: $3,381,8012016Assets 2017: $4,699,200Liabilities 2017: $56,731Net Assets 2017: $4,642,4692017Assets 2018: $4,455,410Liabilities 2018: $40,506Net Assets 2018: $4,414,9042018Assets 2019: $4,523,589Liabilities 2019: $68,906Net Assets 2019: $4,454,6832019Assets 2020: $4,507,616Liabilities 2020: $43,142Net Assets 2020: $4,464,4742020Assets 2021: $4,083,708Liabilities 2021: $21,602Net Assets 2021: $4,062,1062021Assets 2022: $2,724,200Liabilities 2022: $746,047Net Assets 2022: $1,978,1532022Assets 2023: $2,869,172Liabilities 2023: $669,432Net Assets 2023: $2,199,7402023Assets 2024: $2,331,677Liabilities 2024: $172,270Net Assets 2024: $2,159,4072024

Highlighted filing

2017

Assets$4,699,200
Liabilities$56,731
Net Assets$4,642,469

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2014: $1,564,109Expenses 2014: $167,376Net Income 2014: $1,396,7332014Revenue 2015: $1,274,009Expenses 2015: $388,620Net Income 2015: $885,3892015Revenue 2016: $1,544,132Expenses 2016: $453,208Net Income 2016: $1,090,9242016Revenue 2017: $2,261,507Expenses 2017: $1,362,217Net Income 2017: $899,2902017Revenue 2018: $2,442,365Expenses 2018: $2,233,369Net Income 2018: $208,9962018Revenue 2019: $1,398,329Expenses 2019: $2,058,211Net Income 2019: -$659,8822019Revenue 2020: $494,156Expenses 2020: $1,073,907Net Income 2020: -$579,7512020Revenue 2021: $768,279Expenses 2021: $1,123,878Net Income 2021: -$355,5992021Revenue 2022: $557,428Expenses 2022: $1,900,430Net Income 2022: -$1,343,0022022Revenue 2023: $1,439,990Expenses 2023: $1,483,123Net Income 2023: -$43,1332023Revenue 2024: $1,018,800Expenses 2024: $1,018,946Net Income 2024: -$1462024

Highlighted filing

2017

Revenue$2,261,507
Expenses$1,362,217
Net Income$899,290
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 31, 2018
Return Version
2017v2.3
Gross Receipts
$3,018,285
Mission and Program Overview

Mission

To honor the memory of martin w. Richard's message of "no more hurting people" by raising funds to invest in education, athletics and community.

Honor the memory of martin w. Richard's message of "no more hurting people" by raising funds to invest in education, athletics and community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,795,879$4,190,397▲ $1,394,518
Cash and Non-Interest-Bearing Accounts$343,521$52,844▼ $290,677
Pledges and Grants Receivable$0$49,000▲ $49,000
Land, Buildings, and Equipment, Net$0$6,959▲ $6,959
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$3,417,031$4,699,200▲ $1,282,169
Other Assets Total$277,631$400,000▲ $122,369
Liabilities
Accounts Payable and Accrued Expenses$35,230$56,731▲ $21,501
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$35,230$56,731▲ $21,501
Net Assets / Fund Balance
Unrestricted Net Assets$3,105,170$4,243,469▲ $1,138,299
Temporarily Rstr Net Assets$276,631$399,000▲ $122,369
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$3,381,801$4,642,469▲ $1,260,668
Total Liabilities and Net Assets / Fund Balance$3,417,031$4,699,200▲ $1,282,169

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,959$574-
Other Assets Org$1,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Denise K RichardPresident
Brendan McdonoughDirector
Dot JoyceDirector
Vicky ShenDirector
ERIN G O'BRIENAssistant Clerk
John E HernandezClerk
William a RichardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,089,032
Program Service Revenue
$0
Investment Income
$172,475
Other Revenue
$0
All Other Contributions
$2,089,032
Change in Net Assets
$899,290

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,261,507
Revenue Not Reported on Form 990
$361,378
Total Revenue per Audited Statements
$2,622,885
Total Revenue per Form 990
$2,261,507
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$895,205
Other Expenses$387,909
Total Fundraising Expense$127,970
Salaries, Compensation, and Employee Benefits$79,103
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$895,205--$895,205
All Other Expenses-$21,881$62,969$84,850
Other Salaries and Wages-$70,568-$70,568
Other Expenses$155,579$12,771$65,001$65,001
Fees for Services Accounting-$30,105-$30,105
Fees for Service Investment Mgmnt Fees-$21,480-$21,480
Occupancy-$13,300-$13,300
Payroll Taxes-$5,407-$5,407
Other Employee Benefits-$3,128-$3,128
Office Expenses-$1,475-$1,475
Depreciation Depletion-$574-$574
Fees for Services Other-$186-$186
Total Functional Expenses$1,050,784$183,463$127,970$1,362,217

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,362,217
Total Expenses per Audited Statements$1,362,217
Total Expenses per Form 990$1,362,217
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
FRIENDS OF MARTIN'S PARKDorchester, MA501c3To Support the Construction of a New Park in the Name of Martin W. Richard.$638,725
Project 351Boston, MA501c3To Support a Youth Service Organization That Is Dedicated to Building Unity and Leadership Through an 8th Grade Ambassador Program$25,500
College Bound DorchesterDorchester, MA501c3To Equip Students With the Attitude, Skills and Experience to Graduate From College$25,000
Youth Enrichment ServicesBoston, MA501c3To Inspire and Challenge Youth With Physical and Mental Activities That Foster Life-long Respect for Self, Others, and the Environment.$25,000
Louis D Brown Peace InstituteDorchester, MA501c3To Assist and Empower Families Impacted by Violence by Providing Support to Survivors of Homicide$22,000
Boys and Girls Club of DorchesterDorchester, MA501c3To Make a Positive Impact on Youth and Their Families Within the Community$20,000
Dorchester Education Enrichment ProgramDorchester, MA501c3To Support Educational, Athletic and Social Growth and Development of Middle School Children of All Races, Creeds, and Ethnic Backgrounds Throughout the Dorchester Community.$20,000
Emk InstituteBoston, MA501c3To Provide a Scholarship for the Insitiute$15,000
Jfk Library FoundationBoston, MA501c3To Provide Financial Support, Staffing and Creative Resources to the Jfk Presidential Library and Museum.$15,000
Greater Ashmont Main StreetsDorchester, MA501c3To Maintain and Further Develop the Business District on Dorchester Avenue.$13,750
Dorchester EaglesDorchester, MA501c3To Support Youth Football$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
FRIENDS OF MARTIN'S PARKCommon Board MemberGrant PaidNo$638,725

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
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 B, Line 11

Management reviews the content of the 990 filing for accuracy and then provides a copy of the 990 to the entire board before it is filed.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflicts of interest policy and financial statements available to the public upon request.

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

The organization regularly discusses potential conflicts of interest informally during the year and annually requires each member of management and the board to review and sign a conflict of interest disclosure statement.

Filing and Contact Details

Filer

Filer Name
Martin W Richard Charitable Foundation Inc
EIN
35-2491896
In Care Of
% INSOURCE SERVICES INC
Phone
7812351490
Address
1452 DORCHESTER AVENUE 4TH FLOOR, DORCHESTER, MA 02125

Signing Officer

Name
Denise K Richard
Title
President
Phone
7812357517
Signed
2018-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Denise K Richard
Formed
2014
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
3
Volunteers
25

Preparer

Firm
Peck Associates Pc
Address
20 WALNUT STREET SUITE 210, WELLESLEY HILLS, MA 02481-2104
Preparer
Gary J Marini CPA
Phone
7812357517
Supplemental Narrative

Additional Explanations

Form 990, Part X, Line 15

The amount of $400,000 consists of the following: 1) $399,000 in restricted cash for martin's park project, and 2) $1,000 security deposit on office lease.

Financial Statement Notes

Part X, Line 2

The organization is a nonprofit corporation under irc 501(c)(3) and is exempt from federal and state taxes on trade or business profits generated by activities related to the organization's exempt function. The organization may be subject to federal amd state income taxes for profits generated from trade or business activities unrelated to the organization's exempt function. As of december 31, 2017, management believes that the organization has not generated any unrelated business taxable income. The organization assesses the recording of uncertain tax positions by evaluation the minimum recognition threshold and measuremnet requirements a tax position must meet before being recognized as a benefit in the financial statements. The organization's policy is to recognize interest and penalties accrued on any uncertain tax positions or unrecognized benefits as of december 31, 2017. The organization does not expect any material change in uncertain tax benefits within the next twelve months as of december 31, 2017. The organization is not currently under examination by any taxing authorities and is generally open to examination for three years from the date of filing.

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IRS990/LandBldgEquipCostOrOtherBssAmt07533
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0756778
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO HONOR THE MEMORY OF MARTIN W. RICHARD'S MESSAGE OF "NO MORE HURTING PEOPLE" BY RAISING FUNDS TO INVEST IN EDUCATION, ATHLETICS AND COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt03381801
IRS990/NetAssetsOrFundBalancesEOYAmt04642469
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt056466
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0343523
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt013300
IRS990/OccupancyGrp/TotalAmt013300
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01475
IRS990/OfficeExpensesGrp/TotalAmt01475
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0277631
IRS990/OtherAssetsTotalGrp/EOYAmt0400000
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03128
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03128
IRS990/OtherExpensesGrp/Desc0BUSINESS REGISTRATION EXPENSE
IRS990/OtherExpensesGrp/Desc1BANK & CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc2MARATHON EXPENSES
IRS990/OtherExpensesGrp/Desc3PUBLIC RELATIONS
IRS990/OtherExpensesGrp/FundraisingAmt065001
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02588
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112771
IRS990/OtherExpensesGrp/ProgramServicesAmt0155579
IRS990/OtherExpensesGrp/TotalAmt02588
IRS990/OtherExpensesGrp/TotalAmt112771
IRS990/OtherExpensesGrp/TotalAmt2155579
IRS990/OtherExpensesGrp/TotalAmt365001
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt070568
IRS990/OtherSalariesAndWagesGrp/TotalAmt070568
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05407
IRS990/PayrollTaxesGrp/TotalAmt05407
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt049000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0DENISE K RICHARD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01495311
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0197350
IRS990/PYInvestmentIncomeAmt045058
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0255858
IRS990/PYOtherRevenueAmt03763
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01090924
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0453208
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01544132
IRS990/QuidProQuoContributionsInd0false
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0899290
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02089032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01495311
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01234673
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01563818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06382834
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0116009
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt070817
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt038563
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0291
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0225680
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt06382834
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02089032
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01495311
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01234673
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01563818
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06382834
IRS990ScheduleA/TotalSupportAmt06608514
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt017855
IRS990ScheduleD/EquipmentGrp/BookValueAmt06959
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0574
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt07533
IRS990ScheduleD/ExpensesSubtotalAmt01362217
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0343523
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0399000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED CASH
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/RevenueNotReportedAmt0361378
IRS990ScheduleD/RevenueSubtotalAmt02261507
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NONPROFIT CORPORATION UNDER IRC 501(C)(3) AND IS EXEMPT FROM FEDERAL AND STATE TAXES ON TRADE OR BUSINESS PROFITS GENERATED BY ACTIVITIES RELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. THE ORGANIZATION MAY BE SUBJECT TO FEDERAL AMD STATE INCOME TAXES FOR PROFITS GENERATED FROM TRADE OR BUSINESS ACTIVITIES UNRELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. AS OF DECEMBER 31, 2017, MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NOT GENERATED ANY UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION ASSESSES THE RECORDING OF UNCERTAIN TAX POSITIONS BY EVALUATION THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMNET REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNCERTAIN TAX POSITIONS OR UNRECOGNIZED BENEFITS AS OF DECEMBER 31, 2017. THE ORGANIZATION DOES NOT EXPECT ANY MATERIAL CHANGE IN UNCERTAIN TAX BENEFITS WITHIN THE NEXT TWELVE MONTHS AS OF DECEMBER 31, 2017. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING AUTHORITIES AND IS GENERALLY OPEN TO EXAMINATION FOR THREE YEARS FROM THE DATE OF FILING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06959
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0400000
IRS990ScheduleD/TotalExpensesPerForm990Amt01362217
IRS990ScheduleD/TotalRevenuePerForm990Amt02261507
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02622885
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01362217
IRS990ScheduleI/GrantRecordsMaintainedInd0true
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IRS990ScheduleI/RecipientTable/CashGrantAmt122000
IRS990ScheduleI/RecipientTable/CashGrantAmt220000
IRS990ScheduleI/RecipientTable/CashGrantAmt315000
IRS990ScheduleI/RecipientTable/CashGrantAmt425000
IRS990ScheduleI/RecipientTable/CashGrantAmt510000
IRS990ScheduleI/RecipientTable/CashGrantAmt620000
IRS990ScheduleI/RecipientTable/CashGrantAmt713750
IRS990ScheduleI/RecipientTable/CashGrantAmt815000
IRS990ScheduleI/RecipientTable/CashGrantAmt925000
IRS990ScheduleI/RecipientTable/CashGrantAmt10638725
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
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IRS990ScheduleI/RecipientTable/IRCSectionDesc9501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT A YOUTH SERVICE ORGANIZATION THAT IS DEDICATED TO BUILDING UNITY AND LEADERSHIP THROUGH AN 8TH GRADE AMBASSADOR PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO ASSIST AND EMPOWER FAMILIES IMPACTED BY VIOLENCE BY PROVIDING SUPPORT TO SURVIVORS OF HOMICIDE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO MAKE A POSITIVE IMPACT ON YOUTH AND THEIR FAMILIES WITHIN THE COMMUNITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO PROVIDE A SCHOLARSHIP FOR THE INSITIUTE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO EQUIP STUDENTS WITH THE ATTITUDE, SKILLS AND EXPERIENCE TO GRADUATE FROM COLLEGE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TO SUPPORT YOUTH FOOTBALL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6TO SUPPORT EDUCATIONAL, ATHLETIC AND SOCIAL GROWTH AND DEVELOPMENT OF MIDDLE SCHOOL CHILDREN OF ALL RACES, CREEDS, AND ETHNIC BACKGROUNDS THROUGHOUT THE DORCHESTER COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7TO MAINTAIN AND FURTHER DEVELOP THE BUSINESS DISTRICT ON DORCHESTER AVENUE.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8TO PROVIDE FINANCIAL SUPPORT, STAFFING AND CREATIVE RESOURCES TO THE JFK PRESIDENTIAL LIBRARY AND MUSEUM.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9TO INSPIRE AND CHALLENGE YOUTH WITH PHYSICAL AND MENTAL ACTIVITIES THAT FOSTER LIFE-LONG RESPECT FOR SELF, OTHERS, AND THE ENVIRONMENT.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10TO SUPPORT THE CONSTRUCTION OF A NEW PARK IN THE NAME OF MARTIN W. RICHARD.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PROJECT 351
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1LOUIS D BROWN PEACE INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2BOYS AND GIRLS CLUB OF DORCHESTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3EMK INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4COLLEGE BOUND DORCHESTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5DORCHESTER EAGLES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6DORCHESTER EDUCATION ENRICHMENT PROGRAM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7GREATER ASHMONT MAIN STREETS

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