Civic Intelligence

Rsm Foundation Inc.

990EZ • Fiscal year 2020 • EIN 38-3982794

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 09, 2020

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

0.33x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

0.82x

Higher debt load relative to revenue than 93% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

78th percentile

29%

Higher net margin than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

71st percentile

27%

Faster asset growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

77th percentile

17%

Faster revenue growth than 77% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$311,357

Up $65,700 (+27%) from 2019

Net Assets

Up

$209,787

Up $36,289 (+21%) from 2019

Liabilities

Up

$101,570

Up $29,411 (+41%) from 2019

Revenue

Up

$124,302

Up $17,741 (+17%) from 2019

Expenses

Up

$88,013

Up $23 (+0.0%) from 2019

Net Income

Up

$36,289

Up $17,718 (+95%) from 2019

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

2020

Assets$311,357
Liabilities$101,570
Net Assets$209,787

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

2020

Revenue$124,302
Expenses$88,013
Net Income$36,289
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 9, 2020
Return Version
2019v5.1
Gross Receipts
$124,302
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$124,302$45,620
MARKETING EXPENSES$124,302$34,318
PAYROLL TAXES$124,302$4,319
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
OLGA DADASHEVADirector-$0--
ALEKSEY KAREZINDirector-$0--
DZHANGIR DADASHEVDirector-$0--
LEONID MADORSKYTreasurer & Director-$0--
MASHA GERSHMANPresident, Clerk & Directo-$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
2020-11-09
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: 287. Description: marketing expenses. Amount: 34,318. Description: dues and subscriptions. Amount: 391. Description: payroll service fees. Amount: 362. Description: other expenses. Amount: 122. Description: licenses fees. Amount: 275. Description: payroll taxes. Amount: 4,319. Description: bank charges. Amount: 48. Description: insurance. Amount: 271. Total to form 990-ez, line 16: 40,393.

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

Description: accounts payable and accrued liabilities. Beg. Of year amount: 0. End of year amount: 507. Description: advances from rsm. Beg. Of year amount: 72,159. End of year amount: 101,063.

Raw XML Appendix171 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: 287. DESCRIPTION: MARKETING EXPENSES. AMOUNT: 34,318. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 391. DESCRIPTION: PAYROLL SERVICE FEES. AMOUNT: 362. DESCRIPTION: OTHER EXPENSES. AMOUNT: 122. DESCRIPTION: LICENSES FEES. AMOUNT: 275. DESCRIPTION: PAYROLL TAXES. AMOUNT: 4,319. DESCRIPTION: BANK CHARGES. AMOUNT: 48. DESCRIPTION: INSURANCE. AMOUNT: 271. TOTAL TO FORM 990-EZ, LINE 16: 40,393.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED LIABILITIES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 507. DESCRIPTION: ADVANCES FROM RSM. BEG. OF YEAR AMOUNT: 72,159. END OF YEAR AMOUNT: 101,063.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 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/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MASHA GERSHMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06177522489
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RSM FOUNDATION INC
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ReturnHeader/Filer/EIN0383982794
ReturnHeader/Filer/PhoneNum06177522489
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
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ReturnHeader/ReturnTs02020-11-16T12:49:10-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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Filings