Civic Intelligence

Worcester Educational Development Foundation Inc.

990 • Fiscal year 2022 • EIN 56-2522670

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 11, 2023

Organization ProfileWWW.WEDFWPS.ORG
210 Park Avenue 224Worcester, MA 01609

(774) 389-0740

Siviq Scores

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

Liabilities / Assets

56th percentile

0.04x

Higher debt load relative to assets than 56% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

52nd percentile

0.03x

Higher debt load relative to revenue than 52% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

78th percentile

28%

Higher net margin than 78% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

87th percentile

54%

Faster asset growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

98th percentile

573%

Faster revenue growth than 98% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$620,760

Up $216,693 (+54%) from 2021

Net Assets

Up

$599,032

Up $208,352 (+53%) from 2021

Liabilities

Up

$21,728

Up $8,341 (+62%) from 2021

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin78th percentile

Revenue

Up

$797,236

Up $678,699 (+573%) from 2021

Expenses

Up

$577,595

Up $423,281 (+274%) from 2021

Net Income

Up

$219,641

Up $255,418 (+714%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth87th 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

2022

Assets$620,760
Liabilities$21,728
Net Assets$599,032
Open 2022 Filing

Operations Trend

Revenue Growth98th 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

2022

Revenue$797,236
Expenses$577,595
Net Income$219,641
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 11, 2023
Return Version
2021v4.2
Gross Receipts
$808,351
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.

To support the worcester public schools, connecting students and teachers with needed resources, enriching the student experience, and advancing equity through collaboration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$401,162$516,371▲ $115,209
Investments Other Securities$0$97,511▲ $97,511
Pledges and Grants Receivable$0$4,370▲ $4,370
Prepaid Expenses and Deferred Charges$2,905$2,508▼ $397
Total Assets$404,067$620,760▲ $216,693
Liabilities
Accounts Payable and Accrued Expenses$13,387$21,728▲ $8,341
Total Liabilities$13,387$21,728▲ $8,341
Net Assets / Fund Balance
Net Assets With Donor Restrictions$340,513$573,403▲ $232,890
Net Assets Without Donor Restrictions$50,167$25,629▼ $24,538
Total Net Assets Fund Balance$390,680$599,032▲ $208,352
Total Liabilities and Net Assets / Fund Balance$404,067$620,760▲ $216,693

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$97,511--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Louise ClarkeExecutive Director and VPPT$17,700$17,700

Board Members and Trustees

NameTitle
Stephen MillsPresident
Jermoh KamaraTrustee
Kathleen FinneganTrustee
Matthew WallyTrustee
Maureen BiniendaTrustee
Robert LayneTrustee
Roger NugentTrustee
SUSAN O'NEILTrustee
Stacey LusterTrustee
Susan PopinchalkTrustee
Tony EconomouTrustee
Thomas MurrayClerk
Frances ArenaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$793,013
Program Service Revenue
$0
Investment Income
$1,291
Other Revenue
$2,932
All Other Contributions
$793,013
Change in Net Assets
$219,641

Audited Revenue Reconciliation

Revenue per Audited Statements
$797,236
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-11,289
Total Revenue per Audited Statements
$785,947
Total Revenue per Form 990
$797,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$515,640
Salaries, Compensation, and Employee Benefits$41,112
Grants and Similar Amounts Paid$20,843
Total Fundraising Expense$16,718
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$110,085--$110,085
Other Salaries and Wages-$25,231$12,614$37,845
Fees for Services Other$2,460$20,691$1,182$24,333
Grants to Domestic Individuals$20,843--$20,843
Fees for Services Accounting-$8,290-$8,290
Office Expenses$1,285$2,823$499$4,607
Insurance-$3,580-$3,580
Payroll Taxes-$2,178$1,089$3,267
All Other Expenses$104$2,312$392$2,808
Other Expenses$2,410$110$942$2,520
Occupancy-$1,493-$1,493
Total Functional Expenses$486,052$74,825$16,718$577,595

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$577,595
Total Expenses per Audited Statements$577,595
Total Expenses per Form 990$577,595
Expenses Not Reported on Financial Statements$0
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
Fundraising Gross Income$14,047
Fundraising Direct Expenses$11,115
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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
7743890740
Address
210 PARK AVENUE 224, WORCESTER, MA 01609

Signing Officer

Name
Frances Arena
Title
Treasurer
Phone
7743890740
Signed
2023-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frances Arena
Formed
2005
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
1
Volunteers
50

Preparer

Firm
Spinelli CPA Pc
Address
146 WEST BOYLSTON DRIVE, WORCESTER, MA 01606
Preparer
Karen Spinelli
Phone
5083656522
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc0PROGRAM FEES
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc2CONCERTS AND EVENTS
IRS990/OtherExpensesGrp/Desc3TRAINING AND DEVELOPMEN
IRS990/OtherExpensesGrp/FundraisingAmt0942
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08116
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2110
IRS990/OtherExpensesGrp/ProgramServicesAmt0200887
IRS990/OtherExpensesGrp/ProgramServicesAmt1146030
IRS990/OtherExpensesGrp/ProgramServicesAmt21948
IRS990/OtherExpensesGrp/ProgramServicesAmt32410
IRS990/OtherExpensesGrp/TotalAmt0209003
IRS990/OtherExpensesGrp/TotalAmt1146030
IRS990/OtherExpensesGrp/TotalAmt22891
IRS990/OtherExpensesGrp/TotalAmt32520
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt012614
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025231
IRS990/OtherSalariesAndWagesGrp/TotalAmt037845
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01089
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02178
IRS990/PayrollTaxesGrp/TotalAmt03267
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04370
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02905
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02508
IRS990/PrincipalOfficerNm0FRANCES ARENA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SCIENCE AND TECHNOLOGY PROGRAMS INCLUDES MIDDLES SCHOOL LABORTORIES HAVE BEEN OUTFITTED WITH NEW EQUIPMENT TO STUDY MICROSOPY AND DENSITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0164098
IRS990/ProgSrvcAccomActy2Grp/GrantAmt012652
IRS990/ProgSrvcAccomActy3Grp/Desc0COLLEGE/CAREER READINESS PROGRAMS INCLUDING EDUCATIONAL PROGRAMS, MATERIALS & SUPPLIES AND SCHOLARSHIPS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt07910
IRS990/ProgSrvcAccomActy3Grp/GrantAmt06500
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt033528
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0117011
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt06000
IRS990/PYInvestmentIncomeAmt01526
IRS990/PYOtherExpensesAmt0106943
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-35777
IRS990/PYSalariesCompEmpBnftPaidAmt041371
IRS990/PYTotalExpensesAmt0154314
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0118537
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0219641
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0793013
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0117011
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0500316
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0415945
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0475299
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02301584
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01291
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01526
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02352
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04338
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01869
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt011376
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt014047
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt014047
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01291
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01526
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02352
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04338
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01869
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt011376
IRS990ScheduleA/InvestmentIncomeCYPct00.00490
IRS990ScheduleA/InvestmentIncomePYPct00.00580
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99510
IRS990ScheduleA/PublicSupportPY509Pct00.99420
IRS990ScheduleA/PublicSupportTotal509Amt02315631
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0807060
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0117011
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0500316
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0415945
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0475299
IRS990ScheduleA/Total509Grp/TotalAmt02315631
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0808351
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0118537
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0502668
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0420283
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0477168
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02327007
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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0577595
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-11289
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt097511
IRS990ScheduleD/OtherSecuritiesGrp/Desc0LINCOLN INVESTMENTS MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0-11289
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0797236
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt097511
IRS990ScheduleD/TotalExpensesPerForm990Amt0577595
IRS990ScheduleD/TotalRevenuePerForm990Amt0797236
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0785947
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0577595
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt020843
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP AND GRANT ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt038
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/TerminateOperationsInd00

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$620,760
Liabilities
$21,728
Net assets
$599,032
Revenue
$797,236
Expenses
$577,595
Net income
$219,641
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