Liabilities / Assets
19th percentile
Tied with the lowest-debt nonprofits in its peer group.
Hillcrest Educational Foundation Inc
EIN 80-0545676 • 501(c)3 • Pittsfield, MA
Profile
To support the functions and carry out the purposes of hillcrest educational centers, inc., hillcrest dental care, inc. And berkshire county kids' place & violence prevention center, inc. And to assist in the delivery and expansion of health services to include but not limited to dental, persons with disabilities, low income individuals, and the community at large.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
20th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
96th percentile
Higher top officer pay than 96% of similar nonprofits.
Top officer pay equals 293.1% of source-year revenue.
Asset Growth
11th percentile
Faster asset growth than 11% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Balance Sheet
Assets
Down$1,607,664
Down $707,778 (-31%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Down$1,607,664
Down $707,778 (-31%) from 2023
Revenue
Down$137,922
Down $559,491 (-80%) from 2023
Expenses
Up$504,847
Up $496,354 (+5844%) from 2023
Net Income
Down-$366,925
Down $1,055,845 (-153%) from 2023
Trend Graphs
Filings
Most recent year
2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $1,607,664
- Liabilities
- $0
- Net assets
- $1,607,664
- Revenue
- $137,922
- Expenses
- $504,847
- Net income
- -$366,925
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2024 to Jun 30, 2025
- Signed
- Jan 14, 2026
- Return Version
- 2024v5.5
- Gross Receipts
- $1,224,888
Mission and Program Overview
Mission
To support the functions and carry out the purposes of hillcrest educational centers, inc., hillcrest dental care, inc. And berkshire county kids' place & violence prevention center, inc. And to assist in the delivery and expansion of health services to include but not limited to dental, persons with disabilities, low income individuals, and the community at large.
The purpose of hillcrest educational foundation, inc. Is to support the functions of and carry out the purposes of hillcrest educational centers, inc., hillcrest dental care, inc. And berkshire county kids' place & violence prevention center, inc. (collectively, the "supported organizations"). The foundation provides financial support and services to the supported organizations as recommended by the foundation board. The foundation board members are also members of the boards of the supported organizations to ensure that all activities directly further the exempt purposes of those supported organizations.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $631,808 | $972,591 | ▲ $340,783 |
| Pledges and Grants Receivable | $1,328,000 | $635,000 | ▼ $693,000 |
| Cash and Non-Interest-Bearing Accounts | $73 | $73 | → $0 |
| Total Assets | $1,959,881 | $1,607,664 | ▼ $352,217 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,959,881 | $1,607,664 | ▼ $352,217 |
| Total Net Assets Fund Balance | $1,959,881 | $1,607,664 | ▼ $352,217 |
| Total Liabilities and Net Assets / Fund Balance | $1,959,881 | $1,607,664 | ▼ $352,217 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Michele a Butler | Chairperson |
| Shaun Cusson | President & CEO |
| Eugene a Dellea | Vice Chairman |
| Celia R Norcross | Director |
| Hannah Keator | Director |
| Jason F Cuyler | Director |
| John Walsh | Director |
| Paul Clark | Director |
| Rosemarie Phelps | Director |
| Sandra Wadsworth | Director |
| Shela Levante | Director |
| Tess Sorrentino | Director |
| Thomas Goggins | Director |
| Timothy P Burke | Director |
| Katie Brelsford | Clerk |
| Mark a Placido | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $100,000
- Program Service Revenue
- $0
- Investment Income
- $37,922
- Other Revenue
- $0
- Change in Net Assets
- $-366,925
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $500,000 |
| Other Expenses | $4,847 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $500,000 | - | - | $500,000 |
| Fees for Service Investment Mgmnt Fees | - | $4,847 | - | $4,847 |
| Total Functional Expenses | $500,000 | $4,847 | $0 | $504,847 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Hillcrest Educational Centers Inc | Pittsfield, MA | 501(c)(3) | To Support the Functions and Carry Out the Purposes of Hillcrest Educational Centers, Inc. | $500,000 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| 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
- 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 distributed to the board of directors for review and approval before filing the form.”
Form 990, Part VI, Section B, Line 12C
“Board members complete an annual disclosure, including any potential conflicts of interest.”
Form 990, Part VI, Section C, Line 19
“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
Filing and Contact Details
Filer
- Filer Name
- Hillcrest Educational Foundation Inc
- EIN
- 80-0545676
- Phone
- 4134997924
- Address
- 788 SOUTH STREET, PITTSFIELD, MA 01201
Signing Officer
- Name
- Shaun Cusson
- Title
- President
- Phone
- 4134997924
- Signed
- 2026-01-14
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Shaun Cusson
- Formed
- 2012
- Legal Domicile
- Ma
- Voting Board Members
- 15
- Independent Board Members
- 14
- Employees
- 0
- Volunteers
- 0
Preparer
- Firm
- Adelson & Company Pc
- Address
- 100 NORTH STREET, PITTSFIELD, MA 01201
- Preparer
- David M Irwin CPA
- Phone
- 4134436408
Raw XML AppendixShowing 400 of 529 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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE PURPOSE OF HILLCREST EDUCATIONAL FOUNDATION, INC. IS TO SUPPORT THE FUNCTIONS OF AND CARRY OUT THE PURPOSES OF HILLCREST EDUCATIONAL CENTERS, INC., HILLCREST DENTAL CARE, INC. AND BERKSHIRE COUNTY KIDS' PLACE & VIOLENCE PREVENTION CENTER |