Civic Intelligence

Rsm Foundation Inc.

990EZ • Fiscal year 2018 • EIN 38-3982794

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

200 Wells AvenueNewton, MA 02459

(617) 752-2489

Siviq Scores

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

Liabilities / Assets

84th percentile

0.24x

Higher debt load relative to assets than 84% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

0.39x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

95th percentile

69%

Higher net margin than 95% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

93rd percentile

138%

Faster asset growth than 93% of similar nonprofits.

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

Revenue Growth

61st percentile

8.3%

Faster revenue growth than 61% of similar nonprofits.

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

Assets

Up

$203,066

Up $117,652 (+138%) from 2017

Net Assets

Up

$154,927

Up $83,939 (+118%) from 2017

Liabilities

Up

$48,139

Up $33,713 (+234%) from 2017

Revenue

Up

$122,291

Up $9,338 (+8.3%) from 2017

Expenses

Down

$38,352

Down $5,887 (-13%) from 2017

Net Income

Up

$83,939

Up $15,225 (+22%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2016: $8,725Liabilities 2016: $6,451Net Assets 2016: $2,2742016Assets 2017: $85,414Liabilities 2017: $14,426Net Assets 2017: $70,9882017Assets 2018: $203,066Liabilities 2018: $48,139Net Assets 2018: $154,9272018Assets 2019: $245,657Liabilities 2019: $72,159Net Assets 2019: $173,4982019Assets 2020: $311,357Liabilities 2020: $101,570Net Assets 2020: $209,7872020Assets 2021: $357,637Liabilities 2021: $106,407Net Assets 2021: $251,2302021Assets 2022: $393,616Liabilities 2022: $143,461Net Assets 2022: $250,1552022Assets 2023: $409,273Liabilities 2023: $150,927Net Assets 2023: $258,3462023Assets 2024: $424,810Liabilities 2024: $150,927Net Assets 2024: $273,8832024

Highlighted filing

2018

Assets$203,066
Liabilities$48,139
Net Assets$154,927

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2016: $8,975Expenses 2016: $6,701Net Income 2016: $2,2742016Revenue 2017: $112,953Expenses 2017: $44,239Net Income 2017: $68,7142017Revenue 2018: $122,291Expenses 2018: $38,352Net Income 2018: $83,9392018Revenue 2019: $106,561Expenses 2019: $87,990Net Income 2019: $18,5712019Revenue 2020: $124,302Expenses 2020: $88,013Net Income 2020: $36,2892020Revenue 2021: $152,593Expenses 2021: $111,610Net Income 2021: $40,9832021Revenue 2022: $143,408Expenses 2022: $144,483Net Income 2022: -$1,0752022Revenue 2023: $139,288Expenses 2023: $131,097Net Income 2023: $8,1912023Revenue 2024: $153,658Expenses 2024: $138,121Net Income 2024: $15,5372024

Highlighted filing

2018

Revenue$122,291
Expenses$38,352
Net Income$83,939
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 1, 2018
Return Version
2017v2.3
Gross Receipts
$122,291
Mission and Program Overview

Mission

The rsm foundation is committed to the promotion of stem activities for k-12 students.

To foster and promote activities and education in science, technology, engineering and mathematics.

Program Services

DescriptionGrantsExpenses
MARKETING EXPENSES$122,291$23,857
STUDENT AWARDS$122,291$11,783
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKHAIL KORENMANPresident-$0--
LEONID MADORSKYTreasurer & Director-$0--
MASHA GERSHMANClerk & Director-$0--
OLGA DADASHEVADirector-$0--
ALEKSEY KAREZINDirector-$0--
DZHANGIR DADASHEVDirector-$0--
MIKHAIL PIVOVAROVDirector-$0--
NATALYA KARMIYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Rsm Foundation Inc
EIN
38-3982794
Phone
6177522489
Address
200 WELLS AVENUE, NEWTON, MA 02459

Signing Officer

Name
Masha Gershman
Title
Director
Phone
6177522489
Signed
2018-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Kahn Litwin Renza & Co Ltd
Address
951 NORTH MAIN STREET, PROVIDENCE, RI 02904
Preparer
Loree Dubois
Phone
4012742001
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: credit card processing fees. Amount: 260. Description: student rewards. Amount: 11,783. Description: marketing expenses. Amount: 23,857. Total to form 990-ez, line 16: 35,900.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other assets. Beg. Of year amount: 0. End of year amount: 2,362.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: advances from rsm. Beg. Of year amount: 14,426. End of year amount: 48,139.

Raw XML Appendix187 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CREDIT CARD PROCESSING FEES. AMOUNT: 260. DESCRIPTION: STUDENT REWARDS. AMOUNT: 11,783. DESCRIPTION: MARKETING EXPENSES. AMOUNT: 23,857. TOTAL TO FORM 990-EZ, LINE 16: 35,900.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OTHER ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,362.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ADVANCES FROM RSM. BEG. OF YEAR AMOUNT: 14,426. END OF YEAR AMOUNT: 48,139.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MASHA GERSHMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06177522489
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050409384
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KAHN LITWIN RENZA & CO LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0951 NORTH MAIN STREET
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LOREE DUBOIS
ReturnHeader/ReturnTs02018-11-08T08:40:10-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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Filings