Civic Intelligence

B Fund Inc.

990EZ • Fiscal year 2023 • EIN 47-2311968

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 12, 2024

300 Pier 4 Blvd 8BBoston, MA 02210

(617) 680-7173

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

6th percentile

-107%

Higher net margin than 6% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

17th percentile

-32%

Faster asset growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

10th percentile

-54%

Faster revenue growth than 10% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$53,925

Down $25,376 (-32%) from 2022

Net Assets

Down

$53,925

Down $25,376 (-32%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$23,704

Down $27,772 (-54%) from 2022

Expenses

Up

$49,080

Up $16,818 (+52%) from 2022

Net Income

Down

-$25,376

Down $44,590 (-232%) from 2022

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2014: $1Liabilities 2014: $02014Assets 2017: $66,303Liabilities 2017: $0Net Assets 2017: $66,3032017Assets 2018: $62,063Liabilities 2018: $0Net Assets 2018: $62,0632018Assets 2019: $51,012Liabilities 2019: $0Net Assets 2019: $51,0122019Assets 2020: $47,069Liabilities 2020: $0Net Assets 2020: $47,0692020Assets 2021: $60,087Liabilities 2021: $0Net Assets 2021: $60,0872021Assets 2022: $79,301Liabilities 2022: $0Net Assets 2022: $79,3012022Assets 2023: $53,925Liabilities 2023: $0Net Assets 2023: $53,9252023Assets 2024: $82,442Liabilities 2024: $0Net Assets 2024: $82,4422024

Highlighted filing

2023

Assets$53,925
Liabilities$0
Net Assets$53,925

Operations Trend

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

$100K$50K$0-$50KRevenue 2014: $1Expenses 2014: $0Net Income 2014: $12014Revenue 2017: $95,175Expenses 2017: $82,897Net Income 2017: $12,2782017Revenue 2018: $83,939Expenses 2018: $88,179Net Income 2018: -$4,2402018Revenue 2019: $38,068Expenses 2019: $49,119Net Income 2019: -$11,0512019Revenue 2020: $47,126Expenses 2020: $51,069Net Income 2020: -$3,9432020Revenue 2021: $72,116Expenses 2021: $59,098Net Income 2021: $13,0182021Revenue 2022: $51,476Expenses 2022: $32,262Net Income 2022: $19,2142022Revenue 2023: $23,704Expenses 2023: $49,080Net Income 2023: -$25,3762023Revenue 2024: $52,213Expenses 2024: $23,696Net Income 2024: $28,5172024

Highlighted filing

2023

Revenue$23,704
Expenses$49,080
Net Income-$25,376
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.1
Gross Receipts
$23,704
Mission and Program Overview

Mission

Programs for medical research, patient care and disease management.

Program Services

DescriptionGrantsExpenses
RAN PROGRAMS AND EVENTS FOR THE GENERAL PUBLIC AND PATIENTS FOR EDUCATION AND SUPPORT FOR MEDICAL RESEARCH, PATIENT CARE, AND PEDIATRIC DISEASE MANAGEMENT.$35,000$39,973
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHLEEN VANDERNOOTPresidentPT$0--
MARC RECHTClerk-$0--
Filing and Contact Details

Filer

Filer Name
The B Fund
EIN
47-2311968
Phone
6176807173
Address
300 PIER 4 BLVD 8B, BOSTON, MA 02210

Signing Officer

Name
Kathleen Vandernoot
Title
President
Phone
6176807173
Signed
2024-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Litmangerson Associates Llp
Address
500 W CUMMINGS PARK SUITE 5650, WOBURN, MA 01801
Preparer
Lawrence Andler
Phone
7815694700
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable. Grantee name: boston childrens hospital. Grantee address: 300 longwood avenue boston, ma 02115. Property description: cash. Date of gift: 12/29/23. Amount given: 15,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable. Grantee name: boston community pediatrics. Grantee address: 527 albany st, suite 200 boston, ma 02118. Property description: cash. Date of gift: 12/29/23. Amount given: 10,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable. Grantee name: boston community pediatrics. Grantee address: 527 albany st, suite 200 boston, ma 02118. Property description: cash. Date of gift: 02/16/23. Amount given: 10,000. Total included on form 990-ez, line 10: 35,000.

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

Description: fundraising. Amount: 1,610. Description: insurance. Amount: 2,087. Description: license and fees. Amount: 35. Description: program supplies. Amount: 4,973. Description: marketing/ public relations. Amount: 5,314. Description: bank fees. Amount: 61. Total to form 990-ez, line 16: 14,080.

Raw XML Appendix141 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KATHLEEN VANDERNOOT
IRS990EZ/BooksInCareOfDetail/PhoneNum06176807173
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0300 PIER 4 BLVD 8B
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002210
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt079301
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt053925
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt023704
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-25376
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt079301
IRS990EZ/Form990TotalAssetsGrp/EOYAmt053925
IRS990EZ/GrantsAndSimilarAmountsPaidAmt035000
IRS990EZ/GrossReceiptsAmt023704
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt079301
IRS990EZ/NetAssetsOrFundBalancesEOYAmt053925
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt079301
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt053925
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATHLEEN VANDERNOOT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARC RECHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CLERK
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt014080
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROGRAMS FOR MEDICAL RESEARCH, PATIENT CARE AND DISEASE MANAGEMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RAN PROGRAMS AND EVENTS FOR THE GENERAL PUBLIC AND PATIENTS FOR EDUCATION AND SUPPORT FOR MEDICAL RESEARCH, PATIENT CARE, AND PEDIATRIC DISEASE MANAGEMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt035000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt039973
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt049080
IRS990EZ/TotalProgramServiceExpensesAmt039973
IRS990EZ/TotalRevenueAmt023704
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.THEBFUND.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt023704
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt051476
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt072116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt047126
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt037665
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0232087
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.35710
IRS990ScheduleA/PublicSupportPY170Pct00.43510
IRS990ScheduleA/PublicSupportTotal170Amt082870
IRS990ScheduleA/SubstantialContributorsTotAmt0149217
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt023704
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt051476
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt072116
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt047126
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt037665
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0232087
IRS990ScheduleA/TotalSupportAmt0232087
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: CHARITABLE. GRANTEE NAME: BOSTON CHILDRENS HOSPITAL. GRANTEE ADDRESS: 300 LONGWOOD AVENUE BOSTON, MA 02115. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 12/29/23. AMOUNT GIVEN: 15,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: CHARITABLE. GRANTEE NAME: BOSTON COMMUNITY PEDIATRICS. GRANTEE ADDRESS: 527 ALBANY ST, SUITE 200 BOSTON, MA 02118. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 12/29/23. AMOUNT GIVEN: 10,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: CHARITABLE. GRANTEE NAME: BOSTON COMMUNITY PEDIATRICS. GRANTEE ADDRESS: 527 ALBANY ST, SUITE 200 BOSTON, MA 02118. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 02/16/23. AMOUNT GIVEN: 10,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 35,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: FUNDRAISING. AMOUNT: 1,610. DESCRIPTION: INSURANCE. AMOUNT: 2,087. DESCRIPTION: LICENSE AND FEES. AMOUNT: 35. DESCRIPTION: PROGRAM SUPPLIES. AMOUNT: 4,973. DESCRIPTION: MARKETING/ PUBLIC RELATIONS. AMOUNT: 5,314. DESCRIPTION: BANK FEES. AMOUNT: 61. TOTAL TO FORM 990-EZ, LINE 16: 14,080.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHLEEN VANDERNOOT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06176807173
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE B FUND
ReturnHeader/Filer/BusinessNameControlTxt0BFUN
ReturnHeader/Filer/EIN0472311968
ReturnHeader/Filer/PhoneNum06176807173
ReturnHeader/Filer/USAddress/AddressLine1Txt0300 PIER 4 BLVD 8B
ReturnHeader/Filer/USAddress/CityNm0BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002210
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042694095
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LITMANGERSON ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 W CUMMINGS PARK SUITE 5650
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOBURN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001801
ReturnHeader/PreparerPersonGrp/PhoneNum07815694700
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAWRENCE ANDLER
ReturnHeader/ReturnTs02024-11-14T14:19:33-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings