Civic Intelligence

Worcester Educational Development Foundation Inc.

990 • Fiscal year 2019 • EIN 56-2522670

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 16, 2020

Organization ProfileWWW.WEDFWPS.ORG
210 Park Avenue No 224Worcester, MA 01609

(508) 688-4773

Siviq Scores

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

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

74th percentile

0.04x

Higher debt load relative to revenue than 74% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

32nd percentile

-4.2%

Higher net margin than 32% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

38th percentile

-3.1%

Faster asset growth than 38% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

37th percentile

-7.7%

Faster revenue growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$397,630

Down $12,818 (-3.1%) from 2018

Net Assets

Down

$381,393

Down $19,006 (-4.7%) from 2018

Liabilities

Up

$16,237

Up $6,188 (+62%) from 2018

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin32nd percentile

Revenue

Down

$448,612

Down $37,321 (-7.7%) from 2018

Expenses

Up

$467,618

Up $1,393 (+0.3%) from 2018

Net Income

Down

-$19,006

Down $38,714 (-196%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$800K$600K$400K$200K$0Assets 2011: $159,378Liabilities 2011: $9,156Net Assets 2011: $150,2222011Assets 2012: $155,439Liabilities 2012: $2,500Net Assets 2012: $152,9392012Assets 2013: $203,344Liabilities 2013: $6,295Net Assets 2013: $197,0492013Assets 2014: $267,242Liabilities 2014: $18,586Net Assets 2014: $248,6562014Assets 2015: $382,528Liabilities 2015: $12,814Net Assets 2015: $369,7142015Assets 2016: $358,173Liabilities 2016: $17,110Net Assets 2016: $341,0632016Assets 2017: $390,751Liabilities 2017: $10,060Net Assets 2017: $380,6912017Assets 2018: $410,448Liabilities 2018: $10,049Net Assets 2018: $400,3992018Assets 2019: $397,630Liabilities 2019: $16,237Net Assets 2019: $381,3932019Assets 2020: $440,578Liabilities 2020: $14,121Net Assets 2020: $426,4572020Assets 2021: $404,067Liabilities 2021: $13,387Net Assets 2021: $390,6802021Assets 2022: $620,760Liabilities 2022: $21,728Net Assets 2022: $599,0322022Assets 2023: $438,744Liabilities 2023: $52,881Net Assets 2023: $385,8632023Assets 2024: $796,100Liabilities 2024: $18,569Net Assets 2024: $777,5312024

Highlighted filing

2019

Assets$397,630
Liabilities$16,237
Net Assets$381,393
Open 2019 Filing

Operations Trend

Revenue Growth37th percentile

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

$1.0M$500K$0-$500KExpenses 2011: $195,5872011Expenses 2012: $231,8602012Expenses 2013: $229,9732013Revenue 2014: $363,434Expenses 2014: $311,827Net Income 2014: $51,6072014Revenue 2015: $411,428Expenses 2015: $290,370Net Income 2015: $121,0582015Revenue 2016: $402,235Expenses 2016: $430,885Net Income 2016: -$28,6502016Revenue 2017: $443,678Expenses 2017: $404,050Net Income 2017: $39,6282017Revenue 2018: $485,933Expenses 2018: $466,225Net Income 2018: $19,7082018Revenue 2019: $448,612Expenses 2019: $467,618Net Income 2019: -$19,0062019Revenue 2020: $507,282Expenses 2020: $462,218Net Income 2020: $45,0642020Revenue 2021: $118,537Expenses 2021: $154,314Net Income 2021: -$35,7772021Revenue 2022: $797,236Expenses 2022: $577,595Net Income 2022: $219,6412022Revenue 2023: $438,392Expenses 2023: $657,119Net Income 2023: -$218,7272023Revenue 2024: $994,872Expenses 2024: $614,129Net Income 2024: $380,7432024

Highlighted filing

2019

Revenue$448,612
Expenses$467,618
Net Income-$19,006
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 16, 2020
Return Version
2018v3.1
Gross Receipts
$460,031
Mission and Program Overview

Mission

To collaborate with the worcester public schools to provide programs and resources to improve learning and success for students. We are working to eliminate barriers to students reaching their full academic potential by supporting rich opportunities for students including arts and culture, athletics, and health and wellness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$394,935$387,807▼ $7,128
Prepaid Expenses and Deferred Charges$15,513$9,823▼ $5,690
Total Assets$410,448$397,630▼ $12,818
Liabilities
Accounts Payable and Accrued Expenses$10,049$16,237▲ $6,188
Total Liabilities$10,049$16,237▲ $6,188
Net Assets / Fund Balance
Temporarily Rstr Net Assets$265,256$256,854▼ $8,402
Unrestricted Net Assets$135,143$124,539▼ $10,604
Total Net Assets Fund Balance$400,399$381,393▼ $19,006
Total Liabilities and Net Assets / Fund Balance$410,448$397,630▼ $12,818
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Louise ClarkeExecutive Director and VicPT$17,490$17,490

Board Members and Trustees

NameTitle
Stephen M PitcherPresident
Maria Gorsuch-kennedyFirst Vice President
Kathleen FinneganTrustee
Kimberly SalmonTrustee
Linda LarriveeTrustee
Maureen BiniendaTrustee
SUSAN O'NEILTrustee
Stephen MillsTrustee
Thomas MurrayTrustee
Tony EconomouTrustee
John MonfredoClerk
Frances ArenaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$415,945
Program Service Revenue
$0
Investment Income
$4,338
Other Revenue
$28,329
All Other Contributions
$415,945
Change in Net Assets
$-19,006

Audited Revenue Reconciliation

Revenue per Audited Statements
$448,612
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$11,419
Total Revenue per Audited Statements
$460,031
Total Revenue per Form 990
$448,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$418,486
Grants and Similar Amounts Paid$49,132
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$97,663--$97,663
Grants to Domestic Individuals$49,132--$49,132
Fees for Services Other$1,800$35,840-$37,640
Other Expenses$13,505$1,957-$13,505
Fees for Services Accounting-$7,908-$7,908
Occupancy-$3,641-$3,641
Insurance-$3,569-$3,569
All Other Expenses-$3,279-$3,279
Office Expenses$37$2,847-$2,884
Total Functional Expenses$408,577$59,041$0$467,618

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$479,037
Expenses per Audited Statements$467,618
Total Expenses per Form 990$467,618
Expenses Not Reported on Form 990$11,419
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,748
Fundraising Direct Expenses$11,419
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Distinguished Alumni Event$23,662$23,662$11,419$12,243
Hall of Fame$16,086$16,086-$16,086
Total Events$39,748$39,748$11,419$28,329
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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 11B

“The form 990 is presented to the foundation's vice president and treasurer, and is reviewed before it is filed. The vice president and treasurer report significant matters relating to the 990, if any, to the board of directors.”

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

“Each member of the board of directors is well apprised of the foundation's conflict of interest policy. New members are made aware of it through various new member orientation procedures. All members are required to inform the foundation of changes to their own conflict of interest status.”

Form 990, Part VI, Section C, Line 19

“By virtue of a copy of the federal form 990 and the audited financial statements having to accompany the ma form pc submitted to the attorney general division of public charities, which is a public document, financial statements of the foundation are readily available to the public. The foundation's governing documents and conflict of interest policies are not made available to the general public, but are available upon request.”

Filing and Contact Details

Filer

Filer Name
Worcester Educational Development
EIN
56-2522670
Phone
5086884773
Address
210 PARK AVENUE NO 224, WORCESTER, MA 01609

Signing Officer

Name
Frances Arena
Title
Treasurer
Phone
5086884773
Signed
2020-06-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frances Arena
Formed
2005
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
50

Preparer

Firm
Spinelli CPA Pc
Address
146 WEST BOYLSTON DRIVE, WORCESTER, MA 01606
Preparer
Karen Spinelli
Phone
5083656522
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising income is netted on the 990 11,419.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses are netted on the 990 11,419.”

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IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0COLLEGE/CAREER READINESS PROGRAMS INCLUDING EDUCATIONAL PROGRAMS, MATERIALS & SUPPLIES AND SCHOLARSHIPS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt051730
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt046155
IRS990/ProgSrvcAccomActy3Grp/Desc0HEALTH AND WELLNESS PROGRAM INCLUDING PROPER ATHLETIC MATERIALS AND FACILITIES TO KEEP STUDENTS ACTIVE AND HEALTHY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt022511
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt018890
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt037631
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt049132
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt063494
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0475299
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt012500
IRS990/PYInvestmentIncomeAmt01869
IRS990/PYOtherExpensesAmt0453725
IRS990/PYOtherRevenueAmt08765
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt019708
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0466225
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0485933
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-19006
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0269075
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0415945
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0475299
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0419565
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0378765
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0409211
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02098785
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04338
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01869
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01105
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01008
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01210
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09530
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04338
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01869
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01105
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01008
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01210
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09530
IRS990ScheduleA/InvestmentIncomeCYPct00.00450
IRS990ScheduleA/InvestmentIncomePYPct00.00300
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99550
IRS990ScheduleA/PublicSupportPY509Pct00.99700
IRS990ScheduleA/PublicSupportTotal509Amt02098785
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0415945
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0475299
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0419565
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0378765
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0409211
IRS990ScheduleA/Total509Grp/TotalAmt02098785
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0420283
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0477168
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0420670
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0379773
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0410421
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02108315
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/ExpensesNotReportedAmt011419
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0467618
IRS990ScheduleD/OtherExpensesIncludedAmt011419
IRS990ScheduleD/OtherRevenueAmt011419
IRS990ScheduleD/RevenueNotReportedAmt011419
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0448612
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING INCOME IS NETTED ON THE 990 11,419.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES ARE NETTED ON THE 990 11,419.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0467618
IRS990ScheduleD/TotalRevenuePerForm990Amt0448612
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0460031
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0479037
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011419
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DISTINGUISHED ALUMNI EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0HALL OF FAME
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023662
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt016086
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt039748
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023662
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt016086
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt039748
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt028329
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011419
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011419
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt049132
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP AND GRANT ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt016
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0COMMITTEES DETERMINE SCHOLARSHIP AWARDEES BASED ON ACADEMIC PERFORMANCE. COMMITTEES DETERMINE GRANT RECIPIENTS AFTER REVIEWING PROPOSALS DEVELOPED ACCORDING TO SPECIFIC GUIDELINES. AWARDEES ARE REQUIRED TO SUBMIT AN EVLAUTION AND RECEIPTS AT THE END OF THE GRANT PERIOD.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION GRANTS SCHOLARSHIPS/SUPPORT TO STUDENTS AND TEACHERS IN WORCESTER PUBLIC SCHOOLS. THE SCHOLARSHIP FUNDS ARE REMITTED DIRECTLY TO THE STUDENT OR TEACHER RECEIVING THE AWARD VIA A SIGNED CHECK. THE FOUNDATION'S STAFF FOLLOWS UP WITH EACH RECIPIENT TO ENSURE THAT THE SCHOLARSHIP WAS RECIVED BY THE INTENDED RECIPIENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE I, PART III, COLUMN (B)
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PRESENTED TO THE FOUNDATION'S VICE PRESIDENT AND TREASURER, AND IS REVIEWED BEFORE IT IS FILED. THE VICE PRESIDENT AND TREASURER REPORT SIGNIFICANT MATTERS RELATING TO THE 990, IF ANY, TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER OF THE BOARD OF DIRECTORS IS WELL APPRISED OF THE FOUNDATION'S CONFLICT OF INTEREST POLICY. NEW MEMBERS ARE MADE AWARE OF IT THROUGH VARIOUS NEW MEMBER ORIENTATION PROCEDURES. ALL MEMBERS ARE REQUIRED TO INFORM THE FOUNDATION OF CHANGES TO THEIR OWN CONFLICT OF INTEREST STATUS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BY VIRTUE OF A COPY OF THE FEDERAL FORM 990 AND THE AUDITED FINANCIAL STATEMENTS HAVING TO ACCOMPANY THE MA FORM PC SUBMITTED TO THE ATTORNEY GENERAL DIVISION OF PUBLIC CHARITIES, WHICH IS A PUBLIC DOCUMENT, FINANCIAL STATEMENTS OF THE FOUNDATION ARE READILY AVAILABLE TO THE PUBLIC. THE FOUNDATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC, BUT ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0265256
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0256854
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0410448
IRS990/TotalAssetsEOYAmt0397630
IRS990/TotalAssetsGrp/BOYAmt0410448
IRS990/TotalAssetsGrp/EOYAmt0397630
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0415945
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059041
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0408577
IRS990/TotalFunctionalExpensesGrp/TotalAmt0467618
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010049
IRS990/TotalLiabilitiesEOYAmt016237
IRS990/TotalLiabilitiesGrp/BOYAmt010049

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$397,630
Liabilities
$16,237
Net assets
$381,393
Revenue
$448,612
Expenses
$467,618
Net income
-$19,006
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.96$0.19$7.78$9.95$6.14$3.81
2023Detailed filing. Detailed filing data is available for this year.$4.39$0.53$3.86$4.38$6.57$2.19
2022Detailed filing. Detailed filing data is available for this year.$6.21$0.22$5.99$7.97$5.78$2.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.04$0.13$3.91$1.19$1.54$0.36
2020Detailed filing. Detailed filing data is available for this year.$4.41$0.14$4.26$5.07$4.62$0.45
2019Detailed filing. Detailed filing data is available for this year.$3.98$0.16$3.81$4.49$4.68$0.19
2018Detailed filing. Detailed filing data is available for this year.$4.10$0.10$4.00$4.86$4.66$0.20
2017Detailed filing. Detailed filing data is available for this year.$3.91$0.10$3.81$4.44$4.04$0.40
2016Detailed filing. Detailed filing data is available for this year.$3.58$0.17$3.41$4.02$4.31$0.29
2015Detailed filing. Detailed filing data is available for this year.$3.83$0.13$3.70$4.11$2.90$1.21
2014Detailed filing. Detailed filing data is available for this year.$2.67$0.19$2.49$3.63$3.12$0.52
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.06$1.97$2.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.03$1.53$2.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.09$1.50$1.96