Civic Intelligence

Taly Foundation Inc

EIN 46-4388168 • 501(c)3 • Southborough, MA

Profile

Taly Foundation provides access to and improves the quality of early childhood education by providing scholarship grants to schools, educational assessments, professional development for teachers, and parent workshops.

PO Box 273Southborough, MA 01772

www.talyfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.02x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

22nd percentile

-22%

Higher net margin than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

26th percentile

-26%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

32nd percentile

-19%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$22,366

Down $8,047 (-26%) from 2020

Liabilities

Down

$525

Down $1,865 (-78%) from 2020

Net Assets

Down

$21,841

Down $6,182 (-22%) from 2020

Revenue

Down

$74,604

Down $17,167 (-19%) from 2020

Expenses

Down

$90,722

Down $20,321 (-18%) from 2020

Net Income

Up

-$16,118

Up $3,154 (+16%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2015: $186,906Liabilities 2015: $41,617Net Assets 2015: $145,2892015Assets 2016: $136,335Liabilities 2016: $22,055Net Assets 2016: $114,2802016Assets 2017: $77,298Liabilities 2017: $29,153Net Assets 2017: $48,1452017Assets 2018: $64,873Liabilities 2018: $5,231Net Assets 2018: $59,6422018Assets 2019: $45,360Liabilities 2019: $588Net Assets 2019: $44,7722019Assets 2020: $30,413Liabilities 2020: $2,390Net Assets 2020: $28,0232020Assets 2021: $22,366Liabilities 2021: $525Net Assets 2021: $21,8412021

Highlighted filing

2021

Assets$22,366
Liabilities$525
Net Assets$21,841

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2015: $199,218Expenses 2015: $120,786Net Income 2015: $78,4322015Revenue 2016: $183,595Expenses 2016: $192,474Net Income 2016: -$8,8792016Revenue 2017: $238,923Expenses 2017: $327,465Net Income 2017: -$88,5422017Revenue 2018: $170,040Expenses 2018: $177,178Net Income 2018: -$7,1382018Revenue 2019: $152,589Expenses 2019: $182,065Net Income 2019: -$29,4762019Revenue 2020: $91,771Expenses 2020: $111,043Net Income 2020: -$19,2722020Revenue 2021: $74,604Expenses 2021: $90,722Net Income 2021: -$16,1182021

Highlighted filing

2021

Revenue$74,604
Expenses$90,722
Net Income-$16,118

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 28, 2022
Return Version
2020v4.2
Gross Receipts
$94,625
Mission and Program Overview

Mission

Taly Foundation provides access to and improves the quality of early childhood education by providing scholarship grants to schools, educational assessments, professional development for teachers, and parent workshops.

To provide financial aid to underserved children in order to meet a variety of needs and make possible their successful participation in early childhood education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$15,820$13,775▼ $2,045
Accounts Receivable$400$2,525▲ $2,125
Cash and Non-Interest-Bearing Accounts$8,746$1,860▼ $6,886
Land, Buildings, and Equipment, Net$2,747$1,506▼ $1,241
Prepaid Expenses and Deferred Charges$300$300→ $0
Total Assets$30,413$22,366▼ $8,047
Other Assets Total$2,400$2,400→ $0
Liabilities
Accounts Payable and Accrued Expenses$1,865$0▼ $1,865
Other Liabilities$525$525→ $0
Total Liabilities$2,390$525▼ $1,865
Net Assets / Fund Balance
Net Assets With Donor Restrictions$25,000$25,000→ $0
Net Assets Without Donor Restrictions$3,023$-3,159▼ $6,182
Total Net Assets Fund Balance$28,023$21,841▼ $6,182
Total Liabilities and Net Assets / Fund Balance$30,413$22,366▼ $8,047

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,506$6,937$8,443
Other Assets Org$2,400--
Other Securities$13,775--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jill DixonPresident & Secretary
Archie JonesDirector
Jondavid ChesloffDirector
Koren IskraDirector
Lisa KuhDirector
Peter WaisgerberDirector
Philip DixonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,805
Program Service Revenue
$0
Investment Income
$3,279
Other Revenue
$14,520
All Other Contributions
$56,805
Change in Net Assets
$-16,118
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$59,633
Grants and Similar Amounts Paid$31,089
Total Fundraising Expense$186
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$36,172-$36,172
Grants to Domestic Orgs$31,089--$31,089
Fees for Services Accounting-$12,989-$12,989
Insurance-$1,591-$1,591
Depreciation Depletion-$1,241-$1,241
Fees for Services Other$1,050--$1,050
All Other Expenses-$389-$389
Other Expenses-$348$186$348
Office Expenses-$223-$223
Total Functional Expenses$32,139$58,397$186$90,722
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Suburban Child LLCFramingham, MA-Scholarships$16,089
MetroWest YMCAFramingham, MA-Scholarships$15,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$945
Fundraising Direct Expenses$0
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 tenant$525
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
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 2

President/Secretary and Treasurer are married.

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

990 will be distributed to the board electronically. Comments and corrections will be solicited. The final 990 will be reviewed during a meeting of the board. Final approval of the 990 by the board will be solicited if a quorum is present. Majority vote of the board is necessary to approve the 990.

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

Each director, officer and member of a committee with board-delegated powers shall annually sign a statement, a copy of which is appended to the Conflict of Interest Policy. The statement shall affirm that such persons a) has received and carefully read the Conflcit of Interest Policy; b) understands the policy; c) had complied and will continue to comply with the terms of the policy; and d)understands that the Taly Foundation is a charitable organization, and in order to maintain its federal tax exemption, it must engage primarily in activities that accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Section B, line 15

Proposed salary is determined by the management team by looking at "comparable" salary and benefits data, such as data available from salary and benefit surveys, to learn what employers of a similar budget size that are located in the same, or similar geographic region, pay their senior leaders. Ideally, the comparison will include data from other nonnprofits of a similar mission focus. The proposed salary and "comparable" data is presented to the Board of Directors for review. Salary is then discussed and a final salary is approved by the Board of Directors at a regular meeting of the Board.

Form 990, Part VI, Section C, line 19

Available upon request.

Filing and Contact Details

Filer

Filer Name
Taly Foundation Inc
EIN
46-4388168
Phone
6179016951
Address
PO Box 273, Southborough, MA 01772

Signing Officer

Name
Philip Dixon
Title
Treasurer
Phone
6179016951
Signed
2022-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philip Dixon
Formed
2013
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
5
Employees
1
Volunteers
0

Preparer

Firm
E L Mann Pc
Address
1290 Worcester Road, Framingham, MA 01702-5254
Preparer
Edward Liss Mann
Phone
5088724400
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

No change

Financial Statement Notes

Part X, Line 2:

7. Tax status - Accounting principles generally accepted in the United States require an entity to assess the probability that a tax position has a "more likely than not" ("MLTN") sustainability after review by tax authorities. If a tax position is deemed not to meet this threshold, any unrecognized tax benefits and costs are estimated and recognized. Tax returns are routinely open for review by the tax authorities for three years from their due date. In certain circumstances the statute of limitations may remain open indefinitely. As a not-for-profit entity exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code, the Organization may, however, be subject to tax on unrelated business income. Taly did not have taxable unrelated business income. Accordingly, no provision for income taxes has been recorded in the accompanying financial statements.

Raw XML AppendixShowing 400 of 450 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01865
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt0400
IRS990/AccountsReceivableGrp/EOYAmt02525
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To provide financial aid to underserved children in order to meet a variety of needs and make possible their successful participation in early childhood education.
IRS990/AddressChangeInd0X
IRS990/AllOtherContributionsAmt056805
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0389
IRS990/AllOtherExpensesGrp/TotalAmt0389
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0Philip Dixon
IRS990/BooksInCareOfDetail/PhoneNum06179016951
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 273
IRS990/BooksInCareOfDetail/USAddress/CityNm0Southborough
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001772
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt08746
IRS990/CashNonInterestBearingGrp/EOYAmt01860
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt056805
IRS990/CYGrantsAndSimilarPaidAmt031089
IRS990/CYInvestmentIncomeAmt03279
IRS990/CYOtherExpensesAmt059633
IRS990/CYOtherRevenueAmt014520
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-16118
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt090722
IRS990/CYTotalFundraisingExpenseAmt0186
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt074604
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01241
IRS990/DepreciationDepletionGrp/TotalAmt01241
IRS990/Desc0Payments are made to or on behalf of underserved children in need of financial assistance for better education opportunities.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt07977
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt025000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt025000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt032139
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012989
IRS990/FeesForServicesAccountingGrp/TotalAmt012989
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01050
IRS990/FeesForServicesOtherGrp/TotalAmt01050
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Jill Dixon
IRS990/Form990PartVIISectionAGrp/PersonNm1Philip Dixon
IRS990/Form990PartVIISectionAGrp/PersonNm2Archie Jones
IRS990/Form990PartVIISectionAGrp/PersonNm3Lisa Kuh
IRS990/Form990PartVIISectionAGrp/PersonNm4Jondavid Chesloff
IRS990/Form990PartVIISectionAGrp/PersonNm5Koren Iskra
IRS990/Form990PartVIISectionAGrp/PersonNm6Peter Waisgerber
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0President & Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt0945
IRS990/GainOrLossGrp/SecuritiesAmt02886
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt031089
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt031089
IRS990/GrantsToDomesticOrgsGrp/TotalAmt031089
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt022907
IRS990/GrossReceiptsAmt094625
IRS990/GrossRentsGrp/RealAmt013575
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01591
IRS990/InsuranceGrp/TotalAmt01591
IRS990/InvestmentIncomeGrp/ExclusionAmt0393
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0393
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt015820
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt013775
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06937
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02747
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01506
IRS990/LandBldgEquipCostOrOtherBssAmt08443
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt020021
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Taly Foundation provides access to and improves the quality of early childhood education by providing scholarship grants to schools, educational assessments, professional development for teachers, and parent workshops.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt028023
IRS990/NetAssetsOrFundBalancesEOYAmt021841
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02886
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02886
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0945
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0945
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt013575
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt013575
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01959
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03023
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-3159
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0-7976
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt036172
IRS990/OccupancyGrp/TotalAmt036172
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0223
IRS990/OfficeExpensesGrp/TotalAmt0223
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02400
IRS990/OtherAssetsTotalGrp/EOYAmt02400
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Software
IRS990/OtherExpensesGrp/Desc1Telecommunications
IRS990/OtherExpensesGrp/Desc2Filing Fees
IRS990/OtherExpensesGrp/Desc3Bank and credit card fe
IRS990/OtherExpensesGrp/FundraisingAmt0186
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02787
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12240
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2417
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3348
IRS990/OtherExpensesGrp/TotalAmt02973
IRS990/OtherExpensesGrp/TotalAmt12240
IRS990/OtherExpensesGrp/TotalAmt2417
IRS990/OtherExpensesGrp/TotalAmt3348
IRS990/OtherLiabilitiesGrp/BOYAmt0525
IRS990/OtherLiabilitiesGrp/EOYAmt0525
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0300
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0300
IRS990/PrincipalOfficerNm0Philip Dixon
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt072356
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt027086
IRS990/PYInvestmentIncomeAmt0-305
IRS990/PYOtherExpensesAmt082053
IRS990/PYOtherRevenueAmt019720
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-19272
IRS990/PYSalariesCompEmpBnftPaidAmt01904
IRS990/PYTotalExpensesAmt0111043
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt091771
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-16118
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt013575
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt014834
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt042990
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt030082
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt096285
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0174319
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0358510
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt057750
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt074467
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0146126
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0172274
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0229988
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0680605
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0392
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0369
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0963
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0701
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01711
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04136
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0392
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0369
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0963
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0701
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01711
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04136
IRS990ScheduleA/InvestmentIncomeCYPct00.00600
IRS990ScheduleA/InvestmentIncomePYPct00.00510
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.47040
IRS990ScheduleA/PublicSupportPY509Pct00.39730
IRS990ScheduleA/PublicSupportTotal509Amt0322095
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt014834
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt042990
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt030082
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt096285
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0174319
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0358510
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt057750
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt074467
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0146126
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0172274
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0229988
IRS990ScheduleA/Total509Grp/TotalAmt0680605
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt058142
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt074836
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0147089
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0172975
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0231699
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0684741
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/EquipmentGrp/BookValueAmt01506
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06937
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08443
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02400
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Security Deposit
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0525
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to tenant
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt013775
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Marketable Securities
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt07. Tax status - Accounting principles generally accepted in the United States require an entity to assess the probability that a tax position has a "more likely than not" ("MLTN") sustainability after review by tax authorities. If a tax position is deemed not to meet this threshold, any unrecognized tax benefits and costs are estimated and recognized. Tax returns are routinely open for review by the tax authorities for three years from their due date. In certain circumstances the statute of limitations may remain open indefinitely. As a not-for-profit entity exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code, the Organization may, however, be subject to tax on unrelated business income. Taly did not have taxable unrelated business income. Accordingly, no provision for income taxes has been recorded in the accompanying financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01506
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02400
IRS990ScheduleD/TotalBookValueSecuritiesAmt013775
IRS990ScheduleD/TotalLiabilityAmt0525
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt016089
IRS990ScheduleI/RecipientTable/CashGrantAmt115000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Scholarships
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Scholarships
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Suburban Child LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MetroWest YMCA
IRS990ScheduleI/RecipientTable/RecipientEIN0043490104
IRS990ScheduleI/RecipientTable/RecipientEIN1042281530
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt010 Roxana Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1280 Old Connecticut Path
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Framingham
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Framingham
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd001702
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd101701
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0President/Secretary and Treasurer are married.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 will be distributed to the board electronically. Comments and corrections will be solicited. The final 990 will be reviewed during a meeting of the board. Final approval of the 990 by the board will be solicited if a quorum is present. Majority vote of the board is necessary to approve the 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each director, officer and member of a committee with board-delegated powers shall annually sign a statement, a copy of which is appended to the Conflict of Interest Policy. The statement shall affirm that such persons a) has received and carefully read the Conflcit of Interest Policy; b) understands the policy; c) had complied and will continue to comply with the terms of the policy; and d)understands that the Taly Foundation is a charitable organization, and in order to maintain its federal tax exemption, it must engage primarily in activities that accomplish one or more of its tax-exempt purposes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Proposed salary is determined by the management team by looking at "comparable" salary and benefits data, such as data available from salary and benefit surveys, to learn what employers of a similar budget size that are located in the same, or similar geographic region, pay their senior leaders. Ideally, the comparison will include data from other nonnprofits of a similar mission focus. The proposed salary and "comparable" data is presented to the Board of Directors for review. Salary is then discussed and a final salary is approved by the Board of Directors at a regular meeting of the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5No change
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 2c
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt030413
IRS990/TotalAssetsEOYAmt022366
IRS990/TotalAssetsGrp/BOYAmt030413
IRS990/TotalAssetsGrp/EOYAmt022366
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt056805
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0186
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt058397
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt032139
IRS990/TotalFunctionalExpensesGrp/TotalAmt090722
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02390
IRS990/TotalLiabilitiesEOYAmt0525
IRS990/TotalLiabilitiesGrp/BOYAmt02390
IRS990/TotalLiabilitiesGrp/EOYAmt0525
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt028023
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt021841
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt032139
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04224
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt013575
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt074604

Document Assets

No mirrored PDF or thumbnail assets are attached yet.