Civic Intelligence

Rsm Foundation Inc.

990EZ • Fiscal year 2019 • EIN 38-3982794

Jul 01, 2018 to Jun 30, 2019 • Filed on Aug 14, 2019

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

86th percentile

0.29x

Higher debt load relative to assets than 86% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

94th percentile

0.68x

Higher debt load relative to revenue than 94% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

72nd percentile

21%

Faster asset growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

31st percentile

-13%

Faster revenue growth than 31% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$245,657

Up $42,591 (+21%) from 2018

Net Assets

Up

$173,498

Up $18,571 (+12%) from 2018

Liabilities

Up

$72,159

Up $24,020 (+50%) from 2018

Revenue

Down

$106,561

Down $15,730 (-13%) from 2018

Expenses

Up

$87,990

Up $49,638 (+129%) from 2018

Net Income

Down

$18,571

Down $65,368 (-78%) from 2018

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

2019

Assets$245,657
Liabilities$72,159
Net Assets$173,498

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

2019

Revenue$106,561
Expenses$87,990
Net Income$18,571
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Aug 14, 2019
Return Version
2018v3.1
Gross Receipts
$106,561
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
MANAGEMENT WAGES EXPENSES$106,561$34,840
STUDENT AWARDS$106,561$19,111
MARKETING EXPENSES$106,561$10,576
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
OLGA DADASHEVADirector-$0--
ALEKSEY KAREZINDirector-$0--
DZHANGIR DADASHEVDirector-$0--
LEONID MADORSKYTreasurer & Director-$0--
MASHA GERSHMANPresident, Clerk & Director-$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
President
Phone
6177522489
Signed
2019-08-14
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: 3,860. Description: student rewards. Amount: 19,111. Description: marketing expenses. Amount: 10,576. Description: dues and subscriptions. Amount: 295. Description: payroll service fees. Amount: 2,751. Description: other expenses. Amount: 108. Description: licenses fees. Amount: 3,263. Description: teaching. Amount: 5,940. Description: payroll taxes. Amount: 4,108. Total to form 990-ez, line 16: 50,012.

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

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

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

Description: advances from rsm. Beg. Of year amount: 48,139. End of year amount: 72,159.

Raw XML Appendix173 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: 3,860. DESCRIPTION: STUDENT REWARDS. AMOUNT: 19,111. DESCRIPTION: MARKETING EXPENSES. AMOUNT: 10,576. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 295. DESCRIPTION: PAYROLL SERVICE FEES. AMOUNT: 2,751. DESCRIPTION: OTHER EXPENSES. AMOUNT: 108. DESCRIPTION: LICENSES FEES. AMOUNT: 3,263. DESCRIPTION: TEACHING. AMOUNT: 5,940. DESCRIPTION: PAYROLL TAXES. AMOUNT: 4,108. TOTAL TO FORM 990-EZ, LINE 16: 50,012.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OTHER ASSETS. BEG. OF YEAR AMOUNT: 2,362. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ADVANCES FROM RSM. BEG. OF YEAR AMOUNT: 48,139. END OF YEAR AMOUNT: 72,159.
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
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MASHA GERSHMAN
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ReturnHeader/BusinessOfficerGrp/PhoneNum06177522489
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LOREE DUBOIS
ReturnHeader/ReturnTs02019-08-28T06:37:04-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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Filings