Civic Intelligence

Cambridge Public Library Foundation Inc.

990 • Fiscal year 2019 • EIN 47-5391781

Jul 01, 2018 to Jun 30, 2019 • Filed on Sep 25, 2019

Organization ProfileWWW.CPLFOUND.ORG
449 BroadwayCambridge, MA 02138

(857) 235-9278

Siviq Scores

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

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

31st percentile

0.03x

Higher debt load relative to revenue than 31% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

4th percentile

-54%

Faster revenue growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$1,445,559

Up $150,094 (+12%) from 2018

Net Assets

Up

$1,435,109

Up $155,746 (+12%) from 2018

Liabilities

Down

$10,450

Down $5,652 (-35%) from 2018

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin73rd percentile

Revenue

Down

$376,374

Down $444,643 (-54%) from 2018

Expenses

Up

$317,320

Up $80,626 (+34%) from 2018

Net Income

Down

$59,054

Down $525,269 (-90%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $691,795Liabilities 2016: $8,548Net Assets 2016: $683,2472016Assets 2017: $938,400Liabilities 2017: $241,766Net Assets 2017: $696,6342017Assets 2018: $1,295,465Liabilities 2018: $16,102Net Assets 2018: $1,279,3632018Assets 2019: $1,445,559Liabilities 2019: $10,450Net Assets 2019: $1,435,1092019Assets 2020: $1,680,496Liabilities 2020: $31,663Net Assets 2020: $1,648,8332020Assets 2021: $2,084,113Liabilities 2021: $23,542Net Assets 2021: $2,060,5712021Assets 2022: $2,063,493Liabilities 2022: $21,911Net Assets 2022: $2,041,5822022Assets 2023: $2,371,424Liabilities 2023: $14,805Net Assets 2023: $2,356,6192023Assets 2024: $3,041,976Liabilities 2024: $24,251Net Assets 2024: $3,017,7252024Assets 2025: $3,532,640Liabilities 2025: $31,807Net Assets 2025: $3,500,8332025

Highlighted filing

2019

Assets$1,445,559
Liabilities$10,450
Net Assets$1,435,109
Open 2019 Filing

Operations Trend

Revenue Growth4th percentile

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

$1.0M$500K$0-$500KRevenue 2016: $707,961Expenses 2016: $24,714Net Income 2016: $683,2472016Revenue 2017: $167,730Expenses 2017: $240,804Net Income 2017: -$73,0742017Revenue 2018: $821,017Expenses 2018: $236,694Net Income 2018: $584,3232018Revenue 2019: $376,374Expenses 2019: $317,320Net Income 2019: $59,0542019Revenue 2020: $583,230Expenses 2020: $408,132Net Income 2020: $175,0982020Revenue 2021: $615,366Expenses 2021: $366,459Net Income 2021: $248,9072021Revenue 2022: $380,018Expenses 2022: $399,007Net Income 2022: -$18,9892022Revenue 2023: $714,371Expenses 2023: $399,334Net Income 2023: $315,0372023Revenue 2024: $968,005Expenses 2024: $306,899Net Income 2024: $661,1062024Revenue 2025: $824,423Expenses 2025: $371,812Net Income 2025: $452,6112025

Highlighted filing

2019

Revenue$376,374
Expenses$317,320
Net Income$59,054
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Sep 25, 2019
Return Version
2018v3.1
Gross Receipts
$388,569
Mission and Program Overview

Mission

To support the cambridge public library.

To support the purpose, mission, operations, infrastructure, and other aspects of the public libraries of the city of cambridge, massachusetts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,016,974$1,072,676▲ $55,702
Cash and Non-Interest-Bearing Accounts$199,051$280,814▲ $81,763
Pledges and Grants Receivable$75,937$65,937▼ $10,000
Accounts Receivable-$20,000-
Prepaid Expenses and Deferred Charges$3,503$6,132▲ $2,629
Total Assets$1,295,465$1,445,559▲ $150,094
Liabilities
Accounts Payable and Accrued Expenses$16,102$10,450▼ $5,652
Total Liabilities$16,102$10,450▼ $5,652
Net Assets / Fund Balance
Unrestricted Net Assets$575,460$611,664▲ $36,204
Temporarily Rstr Net Assets$403,357$507,899▲ $104,542
Permanently Rstr Net Assets$300,546$315,546▲ $15,000
Total Net Assets Fund Balance$1,279,363$1,435,109▲ $155,746
Total Liabilities and Net Assets / Fund Balance$1,295,465$1,445,559▲ $150,094

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$313,649---$313,649
2017$290,838$22,811--$313,649
2016$182,618$108,220--$290,838
2015-$182,618--$182,618
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
Shippen L PagePresident
Amy DominiDirector
Betsy RudnickDirector
Cathy ChuteDirector
Debbie PorterDirector
Ed BeloveDirector
Janet Axelrod Ex OfficioDirector
Jill BurrowsDirector
Judy BrightDirector
Kate FlaimDirector
Kay CalvertDirector
Lauren HolleranDirector
Maria Mccauley Ex OfficioDirector
Stan TwarogDirector
Susan FlanneryDirector
Donna DavisDirector (emerita)
David SandbergSecretary
Katie LappTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$352,421
Program Service Revenue
$0
Investment Income
$22,732
Other Revenue
$1,221
All Other Contributions
$352,421
Change in Net Assets
$59,054

Audited Revenue Reconciliation

Revenue per Audited Statements
$365,733
Revenue Not Reported on Financial Statements
$10,641
Revenue Not Reported on Form 990
$96,692
Total Revenue per Audited Statements
$462,425
Total Revenue per Form 990
$376,374
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$198,871
Salaries, Compensation, and Employee Benefits$118,449
Total Fundraising Expense$91,368
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$16,854$11,053$39,883$67,790
Fees for Services Other$49,413$1,500-$50,913
Other Salaries and Wages$10,038$6,582$23,753$40,373
Fees for Services Accounting-$31,696-$31,696
Advertising$8,035$1,442$9,305$18,782
Fees for Service Investment Mgmnt Fees-$10,641-$10,641
Payroll Taxes$2,927$432$6,927$10,286
Conferences and Meetings$5,787$1,691$198$7,676
Travel$3,160$66$33$3,259
Insurance-$3,033-$3,033
Other Expenses$57,875$1,289$3,973$1,289
Office Expenses-$761-$761
All Other Expenses-$585$175$760
Interest-$44-$44
Total Functional Expenses$154,089$71,863$91,368$317,320

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$317,320
Expenses per Audited Statements$306,679
Total Expenses per Audited Statements$306,679
Expenses Not Reported on Financial Statements$10,641
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 11B

“The finance committee will review the 990 on behalf of the board of directors prior to filing.”

Form 990, Part VI, Section C, Line 19

“Documents can be obtained from the president, shippen l. Page, at the organization's address on this return.”

Filing and Contact Details

Filer

Filer Name
Cambridge Public Library Foundation Inc
EIN
47-5391781
Phone
8572359278
Address
449 BROADWAY, CAMBRIDGE, MA 02138

Signing Officer

Name
Shippen Page
Title
President
Phone
8572359278
Signed
2019-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shippen L Page
Formed
2015
Legal Domicile
Ma
Voting Board Members
17
Independent Board Members
17
Employees
3
Volunteers
20

Preparer

Firm
Walsh & Co
Address
632A MAIN STREET, WINCHESTER, MA 01890
Preparer
Michael J Walsh CPA
Phone
7817210295
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting: program service expenses 49,413. Management and general expenses 1,500. Fundraising expenses 0. Total expenses 50,913.”

Financial Statement Notes

PART X, LINE 2:

“The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and applicable state law. The accounting standard on accounting for uncertainty in income taxes addresses determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of the tax positions include the tax exempt status of the foundation and various positions related to the potential sources of unrelated business taxable income (ubit). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There are no unrecognized tax benefits identified or recorded as liabilities for the periods ended june 30, 2019 and 2018.”

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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-2195
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt010000
IRS990/GrossReceiptsAmt0388569
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03033
IRS990/InsuranceGrp/TotalAmt03033
IRS990/InterestGrp/ManagementAndGeneralAmt044
IRS990/InterestGrp/TotalAmt044
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt024927
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024927
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01016974
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01072676
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt012195
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO RAISE FUNDS TO SUPPORT THE PROGRAMS AND SERVICES OF THE CAMBRIDGE PUBLIC LIBRARY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01279363
IRS990/NetAssetsOrFundBalancesEOYAmt01435109
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-2195
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2195
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt096692
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0761
IRS990/OfficeExpensesGrp/TotalAmt0761
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc1DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2DONOR SOLICITATION
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/FundraisingAmt07121
IRS990/OtherExpensesGrp/FundraisingAmt13973
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0333
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1715
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21289
IRS990/OtherExpensesGrp/ProgramServicesAmt057875
IRS990/OtherExpensesGrp/TotalAmt058208
IRS990/OtherExpensesGrp/TotalAmt17836
IRS990/OtherExpensesGrp/TotalAmt23973
IRS990/OtherExpensesGrp/TotalAmt31289
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01221
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01221
IRS990/OtherRevenueTotalAmt01221
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt023753
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06582
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010038
IRS990/OtherSalariesAndWagesGrp/TotalAmt040373
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06927
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0432
IRS990/PayrollTaxesGrp/ProgramServicesAmt02927
IRS990/PayrollTaxesGrp/TotalAmt010286
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0300546
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0315546
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt075937
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt065937
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03503
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06132
IRS990/PrincipalOfficerNm0SHIPPEN L PAGE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0817921
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03096
IRS990/PYOtherExpensesAmt0135898
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0584323
IRS990/PYSalariesCompEmpBnftPaidAmt0100796
IRS990/PYTotalExpensesAmt0236694
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0821017
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt059054
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0352421
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0352421
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0817921
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0167253
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0794417
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02132012
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt024927
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03096
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt067
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt028095
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0410
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0410
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98680
IRS990ScheduleA/PublicSupportPY170Pct00.99800
IRS990ScheduleA/PublicSupportTotal170Amt02132012
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0352421
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0817921
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0167253
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0794417
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02132012
IRS990ScheduleA/TotalSupportAmt02160517
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0313649
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0313649
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0290838
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt022811
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0313649
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0182618
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0108220
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0290838
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0182618
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0182618
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt010641
IRS990ScheduleD/ExpensesSubtotalAmt0306679
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt010641
IRS990ScheduleD/InvestmentExpensesNotIncldAmt010641
IRS990ScheduleD/NetUnrealizedGainsInvstAmt096692
IRS990ScheduleD/RevenueNotReportedAmt096692
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt010641
IRS990ScheduleD/RevenueSubtotalAmt0365733
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF THE TAX POSITIONS INCLUDE THE TAX EXEMPT STATUS OF THE FOUNDATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE ARE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE PERIODS ENDED JUNE 30, 2019 AND 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0317320
IRS990ScheduleD/TotalRevenuePerForm990Amt0376374
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0462425
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0306679
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FINANCE COMMITTEE WILL REVIEW THE 990 ON BEHALF OF THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS CAN BE OBTAINED FROM THE PRESIDENT, SHIPPEN L. PAGE, AT THE ORGANIZATION'S ADDRESS ON THIS RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONSULTING: PROGRAM SERVICE EXPENSES 49,413. MANAGEMENT AND GENERAL EXPENSES 1,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,913.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,445,559
Liabilities
$10,450
Net assets
$1,435,109
Revenue
$376,374
Expenses
$317,320
Net income
$59,054
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.53$0.03$3.50$0.82$0.37$0.45
2024Detailed filing. Detailed filing data is available for this year.$3.04$0.02$3.02$0.97$0.31$0.66
2023Detailed filing. Detailed filing data is available for this year.$2.37$0.01$2.36$0.71$0.40$0.32
2022Detailed filing. Detailed filing data is available for this year.$2.06$0.02$2.04$0.38$0.40$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.08$0.02$2.06$0.62$0.37$0.25
2020Detailed filing. Detailed filing data is available for this year.$1.68$0.03$1.65$0.58$0.41$0.18
2019Detailed filing. Detailed filing data is available for this year.$1.45$0.01$1.44$0.38$0.32$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.30$0.02$1.28$0.82$0.24$0.58
2017Detailed filing. Detailed filing data is available for this year.$0.94$0.24$0.70$0.17$0.24$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.69$0.01$0.68$0.71$0.02$0.68