Civic Intelligence

Barbara Lynch Foundation Inc.

990 • Fiscal year 2014 • EIN 45-5287955

Jul 01, 2013 to Jun 30, 2014 • Filed on May 12, 2015

550 Tremont Street Unit 202116

(617) 399-8513

Siviq Scores

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

Liabilities / Assets

95th percentile

1.24x

Higher debt load relative to assets than 95% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

0.93x

Higher debt load relative to revenue than 95% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

2nd percentile

-470%

Higher net margin than 2% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

95th percentile

$63,723

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 266.9% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

3rd percentile

-83%

Faster asset growth than 3% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

3rd percentile

-83%

Faster revenue growth than 3% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$17,979

Down $89,988 (-83%) from 2013

Net Assets

Down

-$4,321

Down $112,288 (-104%) from 2013

Liabilities

Up

$22,300

Up $22,300 from 2013

Revenue

Down

$23,876

Down $113,496 (-83%) from 2013

Expenses

Up

$136,164

Up $106,759 (+363%) from 2013

Net Income

Down

-$112,288

Down $220,255 (-204%) from 2013

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2012: $1Liabilities 2012: $02012Assets 2013: $107,967Liabilities 2013: $0Net Assets 2013: $107,9672013Assets 2014: $17,979Liabilities 2014: $22,300Net Assets 2014: -$4,3212014Assets 2015: $44,679Liabilities 2015: $46,726Net Assets 2015: -$2,0472015Assets 2016: $31,431Liabilities 2016: $4,809Net Assets 2016: $26,6222016Assets 2017: $26,090Liabilities 2017: $4,009Net Assets 2017: $22,0812017Assets 2018: $25,995Liabilities 2018: $4,009Net Assets 2018: $21,9862018Assets 2019: $25,995Liabilities 2019: $4,009Net Assets 2019: $21,9862019Assets 2020: $25,995Liabilities 2020: $4,009Net Assets 2020: $21,9862020Assets 2021: $25,995Liabilities 2021: $4,009Net Assets 2021: $21,9862021Assets 2022: $25,995Liabilities 2022: $4,009Net Assets 2022: $21,9862022

Highlighted filing

2014

Assets$17,979
Liabilities$22,300
Net Assets-$4,321

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $137,372Expenses 2013: $29,405Net Income 2013: $107,9672013Revenue 2014: $23,876Expenses 2014: $136,164Net Income 2014: -$112,2882014Revenue 2015: $106,927Expenses 2015: $104,653Net Income 2015: $2,2742015Revenue 2016: $48,644Expenses 2016: $19,975Net Income 2016: $28,6692016Revenue 2017: $1,838Expenses 2017: $6,379Net Income 2017: -$4,5412017Revenue 2018: $0Expenses 2018: $95Net Income 2018: -$952018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022

Highlighted filing

2014

Revenue$23,876
Expenses$136,164
Net Income-$112,288
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 12, 2015
Return Version
2013v4.0
Gross Receipts
$277,541
Mission and Program Overview

Mission

The barbara lynch foundation is dedicated to providing leadership and resources to build essential life skills by creating healthy, inspired and dignified futures for boston's youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$30,000$0▼ $30,000
Cash and Non-Interest-Bearing Accounts$76,417$16,820▼ $59,597
Land, Buildings, and Equipment, Net$1,550$1,159▼ $391
Total Assets$107,967$17,979▼ $89,988
Liabilities
Accounts Payable and Accrued Expenses-$22,300-
Total Liabilities$0$22,300▲ $22,300
Net Assets / Fund Balance
Unrestricted Net Assets$107,967$-4,321▼ $112,288
Total Net Assets Fund Balance$107,967$-4,321▼ $112,288
Total Liabilities and Net Assets / Fund Balance$107,967$17,979▼ $89,988

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,159$664$1,823
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kim MorinExecutive DirectorFT$63,723$63,723

Board Members and Trustees

NameTitle
Jefferson MacklinPresident
Chip CoenDirector
Katherine TruscottDirector
Mike RossDirector
Sarah HearnClerk
Tammy CasserlyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$85,194
Program Service Revenue
$0
Investment Income
$22
Other Revenue
$-61,340
All Other Contributions
$24,292
Change in Net Assets
$-112,288
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$71,263
Grants and Similar Amounts Paid$46,430
Total Fundraising Expense$34,397
Other Expenses$18,471
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$23,896$15,931$23,896$63,723
Grants to Domestic Orgs$46,430--$46,430
Fees for Services Accounting-$8,660-$8,660
Payroll Taxes$2,129$1,420$2,129$5,678
Other Employee Benefits$698$466$698$1,862
Advertising--$1,432$1,432
Travel-$573$573$1,146
Other Expenses-$1,055$784$784
Office Expenses-$157$472$629
Depreciation Depletion-$196$195$391
Fees for Services Legal-$156-$156
Total Functional Expenses$73,153$28,614$34,397$136,164
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
13-3408731-501(c)(3)General$45,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$253,665
Fundraising Gross Income$192,325
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2$212,977$156,665$117,104$39,561
Event 1$40,250$35,660$7,347$28,313
Total Events$253,227$192,325$226,554$-34,229
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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 B, Line 11

The form 990 is prepared by the accountants and reviewed by management as instructed by the board. Once all revisions are made as necessary for irs filing, a copy is sent to all board members.

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

Each year the organization's conflict of interest policy is provided to all officers and directors. These people are asked to review the policy and sign a statement indicating that they understand the policy, have reported all potential conflicts during the past year in accordance with the policy and will report all potential conflicts during the coming year. All potential conflicts are evaluated by the board to determine if a conflict actually exists. In those instances where the potential transaction is a conflict, the board examines the transaction and a vote is taken (with those involved recusing themselves) as to whether the organization will enter into the transaction.

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

Annually the board conducts a performance review and evaluation of the executive director. The review also establishes the individual's compensation for the following year. This process involves the evaluation of the individual and a review of compensation of comparable positions obtained from the form 990 of similar organizations.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents (articles of incorporation and by-laws), its conflict of interest policy and financial statements available upon request. The organization will mail copies upon request or provide copies to those who come to the administrative office during normal business hours. The organization charges for the copies in accordance with irs regulations.

Filing and Contact Details

Filer

EIN
45-5287955
Phone
6173998513

Signing Officer

Name
Jefferson Macklin
Title
President
Phone
6173998513
Signed
2015-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jefferson Macklin
Formed
2012
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
1
Volunteers
100

Preparer

Preparer
Mark Schofer
Phone
5085458405
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The oversight of the review has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The foundation is exempt from income taxes as a public charity under section 501(c)(3) of the internal revenue code. Management believes that the foundation operates in a manner consistent with their tax-exempt status at both the federal and state level. The foundation annually files irs form 990 - return of organization exempt from income tax reporting various information that the irs uses to monitor the activities of tax-exempt entities. These tax returns are subject to review by the taxing authorities generally for a period of three years after they were filed. The tax returns for 2012 and 2013 are subject to examination by the irs. The foundation currently has no tax examinations in progress.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE FOUNDATION OPERATES IN A MANNER CONSISTENT WITH THEIR TAX-EXEMPT STATUS AT BOTH THE FEDERAL AND STATE LEVEL. THE FOUNDATION ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY WERE FILED. THE TAX RETURNS FOR 2012 AND 2013 ARE SUBJECT TO EXAMINATION BY THE IRS. THE FOUNDATION CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01159
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt060902
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt04590
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt056312
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0226554
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02351
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt035592
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt037943
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt040250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0212977
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0253227
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt035660
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0156665
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0192325
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0SUMMER SEND OFF
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0TOQUES & TONIC
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-34229
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt010752
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt025856
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt036608
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0124451
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07347
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0117104
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01328
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt026224
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt027552
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt045000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10NFTE
IRS990ScheduleI/RecipientTable/RecipientEIN0133408731
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10BABSON COLLEGE 231 FOREST STREET
IRS990ScheduleI/RecipientTable/USAddress/City0BABSON PARK
IRS990ScheduleI/RecipientTable/USAddress/State0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode002457
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE MONITORED BY CONTINUED INVOLVEMENT WITH RECIPIENTS AND ANNUAL REVIEW OF PROGRAM EFFECTIVENESS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY THE ACCOUNTANTS AND REVIEWED BY MANAGEMENT AS INSTRUCTED BY THE BOARD. ONCE ALL REVISIONS ARE MADE AS NECESSARY FOR IRS FILING, A COPY IS SENT TO ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS AND DIRECTORS. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY, HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY THE BOARD CONDUCTS A PERFORMANCE REVIEW AND EVALUATION OF THE EXECUTIVE DIRECTOR. THE REVIEW ALSO ESTABLISHES THE INDIVIDUAL'S COMPENSATION FOR THE FOLLOWING YEAR. THIS PROCESS INVOLVES THE EVALUATION OF THE INDIVIDUAL AND A REVIEW OF COMPENSATION OF COMPARABLE POSITIONS OBTAINED FROM THE FORM 990 OF SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE OVERSIGHT OF THE REVIEW HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0107967
IRS990/TotalAssetsEOYAmt017979
IRS990/TotalAssetsGrp/BOYAmt0107967
IRS990/TotalAssetsGrp/EOYAmt017979
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt085194
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt034397
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028614
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt073153
IRS990/TotalFunctionalExpensesGrp/TotalAmt0136164
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt022300
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt022300
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0107967
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-4321
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt073153
IRS990/TotalReportableCompFromOrgAmt063723
IRS990/TotalRevenueGrp/ExclusionAmt0-61318
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt023876
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0107967
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt017979
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0573
IRS990/TravelGrp/ManagementAndGeneralAmt0573
IRS990/TravelGrp/TotalAmt01146
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0107967
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-4321
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10550 TREMONT STREET UNIT 2
IRS990/USAddress/City0BOSTON
IRS990/USAddress/State0MA
IRS990/USAddress/ZIPCode002116
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.BARBARALYNCH.COM/FOUNDATION
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFERSON MACKLIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06173998513
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine10BARBARA LYNCH FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BARB
ReturnHeader/Filer/EIN0455287955
ReturnHeader/Filer/PhoneNum06173998513
ReturnHeader/Filer/USAddress/AddressLine10550 TREMONT STREET UNIT 2
ReturnHeader/Filer/USAddress/City0BOSTON
ReturnHeader/Filer/USAddress/State0MA
ReturnHeader/Filer/USAddress/ZIPCode002116
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464122151
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10SCHOFER DILLBERG & COMPANY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10190 N MAIN STREET THIRD FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0NATICK

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