Civic Intelligence

Catholic Memorial School Foundation Inc.

990 • Fiscal year 2017 • EIN 38-3957495

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 14, 2018

Organization ProfileN/A

Refreshing map…

235 Baker StreetWest Roxbury, MA 02132

(617) 456-8008

Siviq Scores

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

Liabilities / Assets

47th percentile

0.07x

Higher debt load relative to assets than 47% of similar nonprofits.

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

Liabilities / Revenue

69th percentile

0.28x

Higher debt load relative to revenue than 69% of similar nonprofits.

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

Net Margin

99th percentile

97%

Higher net margin than 99% 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

90th percentile

44%

Faster asset growth than 90% of similar nonprofits.

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

Revenue Growth

85th percentile

46%

Faster revenue growth than 85% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$2,116,411

Up $649,968 (+44%) from 2016

Net Assets

Up

$1,960,583

Up $545,140 (+39%) from 2016

Liabilities

Up

$155,828

Up $104,828 (+206%) from 2016

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin99th percentile

Revenue

Up

$562,189

Up $176,111 (+46%) from 2016

Expenses

Down

$17,049

Down $86,549 (-84%) from 2016

Net Income

Up

$545,140

Up $262,660 (+93%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$6.0M$4.0M$2.0M$0Assets 2015: $1,159,166Liabilities 2015: $26,203Net Assets 2015: $1,132,9632015Assets 2016: $1,466,443Liabilities 2016: $51,000Net Assets 2016: $1,415,4432016Assets 2017: $2,116,411Liabilities 2017: $155,828Net Assets 2017: $1,960,5832017Assets 2018: $3,230,931Liabilities 2018: $233,214Net Assets 2018: $2,997,7172018Assets 2019: $4,186,923Liabilities 2019: $2,056,692Net Assets 2019: $2,130,2312019Assets 2020: $3,404,796Liabilities 2020: $441,894Net Assets 2020: $2,962,9022020Assets 2021: $2,665,438Liabilities 2021: $313,764Net Assets 2021: $2,351,6742021Assets 2022: $3,385,618Liabilities 2022: $77,000Net Assets 2022: $3,308,6182022Assets 2023: $2,979,838Liabilities 2023: $95,750Net Assets 2023: $2,884,0882023

Highlighted filing

2017

Assets$2,116,411
Liabilities$155,828
Net Assets$1,960,583
Open 2017 Filing

Operations Trend

Revenue Growth85th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $1,159,166Expenses 2015: $26,203Net Income 2015: $1,132,9632015Revenue 2016: $386,078Expenses 2016: $103,598Net Income 2016: $282,4802016Revenue 2017: $562,189Expenses 2017: $17,049Net Income 2017: $545,1402017Revenue 2018: $1,387,001Expenses 2018: $349,867Net Income 2018: $1,037,1342018Revenue 2019: $1,236,494Expenses 2019: $2,117,546Net Income 2019: -$881,0522019Revenue 2020: $1,027,823Expenses 2020: $196,027Net Income 2020: $831,7962020Revenue 2021: $459,124Expenses 2021: $1,070,391Net Income 2021: -$611,2672021Revenue 2022: $1,583,740Expenses 2022: $559,877Net Income 2022: $1,023,8632022Revenue 2023: $802,244Expenses 2023: $1,264,529Net Income 2023: -$462,2852023

Highlighted filing

2017

Revenue$562,189
Expenses$17,049
Net Income$545,140
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 14, 2018
Return Version
2016v3.0
Gross Receipts
$562,189
Mission and Program Overview

Mission

Catholic memorial school foundation supports catholic memorial school (west roxbury, ma) by providing financial support for the school's physical plant, programs, operations and tuition assistance.

Catholic memorial school foundation supports catholic memorial school (west roxbury, ma) by providing financial support for the school's physical plant, programs, students, faculty, and staff.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$1,199,581-
Pledges and Grants Receivable$592,878$654,087▲ $61,209
Cash and Non-Interest-Bearing Accounts$125,575$155,575▲ $30,000
Total Assets$1,466,443$2,116,411▲ $649,968
Other Assets Total$747,990$107,168▼ $640,822
Liabilities
Other Liabilities$0$99,029▲ $99,029
Accounts Payable and Accrued Expenses$51,000$56,799▲ $5,799
Total Liabilities$51,000$155,828▲ $104,828
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,355,040$1,908,442▲ $553,402
Permanently Rstr Net Assets$178,904$182,678▲ $3,774
Unrestricted Net Assets$-118,501$-130,537▼ $12,036
Total Net Assets Fund Balance$1,415,443$1,960,583▲ $545,140
Total Liabilities and Net Assets / Fund Balance$1,466,443$2,116,411▲ $649,968

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$107,168--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Robert P Maloney EsqPresident/chair
F Timothy HegartyClerk/secretary/director
Peter F FolanDirector
William J SuppleDirector
James D BlueTreasurer/director
Revenue and Support

Revenue Composition

Contributions and Grants
$562,189
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$562,189
Change in Net Assets
$545,140

Audited Revenue Reconciliation

Revenue per Audited Statements
$562,189
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$562,189
Total Revenue per Form 990
$562,189
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,036
Grants and Similar Amounts Paid$5,013
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$5,794-$5,794
Grants to Domestic Orgs$5,013--$5,013
Fees for Services Accounting-$5,000-$5,000
Fees for Services Legal-$1,242-$1,242
Total Functional Expenses$5,013$12,036$0$17,049

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$17,049
Total Expenses per Audited Statements$17,049
Total Expenses per Form 990$17,049
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Catholic Memorial SchoolWest Roxbury, MA501(c)(3)Operating Support$5,013
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 Related Party$99,029
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The organization's by-laws stipulate that the directors may elect such other committees as they may from time to time determine. However, no committees existed during the filing period and all material governance matters were presided over by the full board of directors.”

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

“The form 990 is distributed to each member of the board of directors for review and comment after an open period for comment from directors, the form 990 is finalized and then filed with the irs.”

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

“The organization's board of directors meets several times each year as business transactions are discussed, members are required to disclose any potential conflicts of interest. This in accordance with the organization's by-laws additionally, conflicts of interest are considered and mitigated during the due diligence process for business transactions all material business transactions must be approved by the board of directors.”

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

“The organization does not have paid employees, the chair of the board (also the president) is the top management official and works on a volunteer basis.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, form 990, and the financial statements available upon request for the same period of disclosure as set forth in section 6104(d). In addition, they are made available through the website for massachusetts attorney general's office.”

Filing and Contact Details

Filer

Filer Name
Catholic Memorial School Foundation
EIN
38-3957495
Phone
6174568008
Address
235 BAKER STREET, WEST ROXBURY, MA 02132

Signing Officer

Name
Mcgladrey Llp
Title
President and Chair
Phone
6174568008
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert P Maloney Esq
Formed
2015
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Rsm US Llp
Address
80 CITY SQUARE, BOSTON, MA 02129-3742
Preparer
Lynne Johnson
Phone
6179129000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The foundation follows the fasb asc 740 guidance, income taxes, which clarifies the accounting for uncertainty in income taxes by prescribing the recognition threshold a tax position is required to meet before being recognized in the financial statements. The foundation recognizes a tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. Management believes that the foundation has no material uncertainties in income taxes. The foundation was incorporated in march 2015 and therefore all of its federal and state income tax filings are subject to income tax examinations. The foundation accounts for interest and penalties related to uncertain tax positions, if any, as a part of tax expense.”

Raw XML Appendix347 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt051000
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt056799
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CATHOLIC MEMORIAL SCHOOL FOUNDATION SUPPORTS CATHOLIC MEMORIAL SCHOOL (WEST ROXBURY, MA) BY PROVIDING FINANCIAL SUPPORT FOR THE SCHOOL'S PHYSICAL PLANT, PROGRAMS, STUDENTS, FACULTY, AND STAFF.
IRS990/AllOtherContributionsAmt0562189
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ROBERT P MALONEY ESQ PRESIDENT
IRS990/BooksInCareOfDetail/PhoneNum06174568008
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0235 BAKER STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0WEST ROXBURY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002132
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0125575
IRS990/CashNonInterestBearingGrp/EOYAmt0155575
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0562189
IRS990/CYGrantsAndSimilarPaidAmt05013
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt012036
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0545140
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt017049
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0562189
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0GRANTS TO SUPPORT CATHOLIC MEMORIAL SCHOOL'S PHYSICAL PLANT, PROGRAMS, STUDENTS, FACULTY, AND STAFF. THIS INCLUDES, BUT IS NOT LIMITED TO, PROVIDING SCHOLARSHIPS AND FINANCIAL AID FOR STUDENTS TO ATTEND CATHOLIC MEMORIAL SCHOOL, FUNDING CAPITAL EXPENDITURES FOR BUILDINGS, FIXTURES AND EQUIPMENT AND OTHER EDUCATIONAL MATERIALS, AND EDUCATIONAL AND SPORTS PROGRAMS AND ACTIVITIES AT THE CATHOLIC MEMORIAL SCHOOL.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt05013
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05000
IRS990/FeesForServicesAccountingGrp/TotalAmt05000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01242
IRS990/FeesForServicesLegalGrp/TotalAmt01242
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT P MALONEY ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES D BLUE
IRS990/Form990PartVIISectionAGrp/PersonNm2F TIMOTHY HEGARTY
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM J SUPPLE
IRS990/Form990PartVIISectionAGrp/PersonNm4PETER F FOLAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CLERK/SECRETARY/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt05013
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt05013
IRS990/GrantsToDomesticOrgsGrp/TotalAmt05013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0562189
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CATHOLIC MEMORIAL SCHOOL FOUNDATION SUPPORTS CATHOLIC MEMORIAL SCHOOL (WEST ROXBURY, MA) BY PROVIDING FINANCIAL SUPPORT FOR THE SCHOOL'S PHYSICAL PLANT, PROGRAMS, STUDENTS, FACULTY, AND STAFF.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01415443
IRS990/NetAssetsOrFundBalancesEOYAmt01960583
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0747990
IRS990/OtherAssetsTotalGrp/EOYAmt0107168
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TAX PENALTY ACCRUAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05794
IRS990/OtherExpensesGrp/TotalAmt05794
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt099029
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0178904
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0182678
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0592878
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0654087
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ROBERT P MALONEY ESQ
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0386078
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt010000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt093598
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0282480
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0103598
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0386078
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0545140
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01199581
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0562189
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0386078
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01159166
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02107433
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0663590
IRS990ScheduleA/SubstantialContributorsTotAmt01443843
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0562189
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0386078
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01159166
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02107433
IRS990ScheduleA/TotalSupportAmt02107433
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt017049
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0107168
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM RELATED ENTITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt099029
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0562189
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION FOLLOWS THE FASB ASC 740 GUIDANCE, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE FOUNDATION RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT THE FOUNDATION HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. THE FOUNDATION WAS INCORPORATED IN MARCH 2015 AND THEREFORE ALL OF ITS FEDERAL AND STATE INCOME TAX FILINGS ARE SUBJECT TO INCOME TAX EXAMINATIONS. THE FOUNDATION ACCOUNTS FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS A PART OF TAX EXPENSE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0107168
IRS990ScheduleD/TotalExpensesPerForm990Amt017049
IRS990ScheduleD/TotalLiabilityAmt099029
IRS990ScheduleD/TotalRevenuePerForm990Amt0562189
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0562189
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt017049
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt05013
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATING SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CATHOLIC MEMORIAL SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0042229971
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01235 BAKER STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WEST ROXBURY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002132
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S BY-LAWS STIPULATE THAT THE DIRECTORS MAY ELECT SUCH OTHER COMMITTEES AS THEY MAY FROM TIME TO TIME DETERMINE. HOWEVER, NO COMMITTEES EXISTED DURING THE FILING PERIOD AND ALL MATERIAL GOVERNANCE MATTERS WERE PRESIDED OVER BY THE FULL BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS DISTRIBUTED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT AFTER AN OPEN PERIOD FOR COMMENT FROM DIRECTORS, THE FORM 990 IS FINALIZED AND THEN FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S BOARD OF DIRECTORS MEETS SEVERAL TIMES EACH YEAR AS BUSINESS TRANSACTIONS ARE DISCUSSED, MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. THIS IN ACCORDANCE WITH THE ORGANIZATION'S BY-LAWS ADDITIONALLY, CONFLICTS OF INTEREST ARE CONSIDERED AND MITIGATED DURING THE DUE DILIGENCE PROCESS FOR BUSINESS TRANSACTIONS ALL MATERIAL BUSINESS TRANSACTIONS MUST BE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT HAVE PAID EMPLOYEES, THE CHAIR OF THE BOARD (ALSO THE PRESIDENT) IS THE TOP MANAGEMENT OFFICIAL AND WORKS ON A VOLUNTEER BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FORM 990, AND THE FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THEY ARE MADE AVAILABLE THROUGH THE WEBSITE FOR MASSACHUSETTS ATTORNEY GENERAL'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
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 B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01355040
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01908442
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01466443
IRS990/TotalAssetsEOYAmt02116411
IRS990/TotalAssetsGrp/BOYAmt01466443
IRS990/TotalAssetsGrp/EOYAmt02116411
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0562189
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012036
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05013
IRS990/TotalFunctionalExpensesGrp/TotalAmt017049
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt051000
IRS990/TotalLiabilitiesEOYAmt0155828
IRS990/TotalLiabilitiesGrp/BOYAmt051000
IRS990/TotalLiabilitiesGrp/EOYAmt0155828
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01415443
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01960583
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt05013
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0562189
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01466443
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02116411
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-118501
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-130537
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0235 BAKER STREET
IRS990/USAddress/CityNm0WEST ROXBURY
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002132
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MCGLADREY LLP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT AND CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum06174568008
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CATHOLIC MEMORIAL SCHOOL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CATH
ReturnHeader/Filer/EIN0383957495
ReturnHeader/Filer/PhoneNum06174568008
ReturnHeader/Filer/USAddress/AddressLine1Txt0235 BAKER STREET
ReturnHeader/Filer/USAddress/CityNm0WEST ROXBURY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002132
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0797C4527DD8FA635CA18458D5F36AC81F3168434
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0808B1D28703E5C3EA38D0C6AFAC88E3156F3957D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.171.131.187
ReturnHeader/FilingSecurityInformation/IPDt02018-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm008:53:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420714325
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RSM US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt080 CITY SQUARE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0021293742
ReturnHeader/PreparerPersonGrp/PhoneNum06179129000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LYNNE JOHNSON
ReturnHeader/ReturnTs02018-11-14T12:13:18-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,116,411
Liabilities
$155,828
Net assets
$1,960,583
Revenue
$562,189
Expenses
$17,049
Net income
$545,140
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$0.10$2.88$0.80$1.26$0.46
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.39$0.08$3.31$1.58$0.56$1.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.67$0.31$2.35$0.46$1.07$0.61
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.40$0.44$2.96$1.03$0.20$0.83
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.19$2.06$2.13$1.24$2.12$0.88
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.23$0.23$3.00$1.39$0.35$1.04
2017Detailed filing. Detailed filing data is available for this year.$2.12$0.16$1.96$0.56$0.02$0.55
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.05$1.42$0.39$0.10$0.28
2015Summary only. Only limited summary data is available for this year.$1.16$0.03$1.13$1.16$0.03$1.13