Civic Intelligence

Bulfinch Group Charitable Foundation Inc.

990EZ • Fiscal year 2020 • EIN 80-0930674

Jan 01, 2020 to Dec 31, 2020 • Filed on May 17, 2021

160 Gould Street Suite 310Needham, MA 02494

(781) 449-4402

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

5th percentile

-184%

Higher net margin than 5% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

9th percentile

-48%

Faster asset growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

13th percentile

-68%

Faster revenue growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$36,404

Down $33,000 (-48%) from 2019

Net Assets

Down

$36,404

Down $33,000 (-48%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$17,910

Down $38,158 (-68%) from 2019

Expenses

Down

$50,910

Down $20,041 (-28%) from 2019

Net Income

Down

-$33,000

Down $18,117 (-122%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $16,802Liabilities 2013: $0Net Assets 2013: $16,8022013Assets 2014: $32,693Liabilities 2014: $0Net Assets 2014: $32,6932014Assets 2015: $37,245Liabilities 2015: $0Net Assets 2015: $37,2452015Assets 2016: $54,340Liabilities 2016: $0Net Assets 2016: $54,3402016Assets 2017: $71,380Liabilities 2017: $0Net Assets 2017: $71,3802017Assets 2018: $84,287Liabilities 2018: $0Net Assets 2018: $84,2872018Assets 2019: $69,404Liabilities 2019: $0Net Assets 2019: $69,4042019Assets 2020: $36,404Liabilities 2020: $0Net Assets 2020: $36,4042020Assets 2021: $56,301Liabilities 2021: $0Net Assets 2021: $56,3012021Assets 2022: $83,732Liabilities 2022: $0Net Assets 2022: $83,7322022Assets 2023: $113,284Liabilities 2023: $0Net Assets 2023: $113,2842023Assets 2024: $146,702Liabilities 2024: $0Net Assets 2024: $146,7022024

Highlighted filing

2020

Assets$36,404
Liabilities$0
Net Assets$36,404

Operations Trend

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

$100K$50K$0-$50KRevenue 2013: $58,122Expenses 2013: $41,420Net Income 2013: $16,7022013Revenue 2014: $60,768Expenses 2014: $44,877Net Income 2014: $15,8912014Revenue 2015: $55,152Expenses 2015: $50,600Net Income 2015: $4,5522015Revenue 2016: $67,880Expenses 2016: $50,785Net Income 2016: $17,0952016Revenue 2017: $74,835Expenses 2017: $57,795Net Income 2017: $17,0402017Revenue 2018: $62,035Expenses 2018: $49,128Net Income 2018: $12,9072018Revenue 2019: $56,068Expenses 2019: $70,951Net Income 2019: -$14,8832019Revenue 2020: $17,910Expenses 2020: $50,910Net Income 2020: -$33,0002020Revenue 2021: $72,382Expenses 2021: $52,485Net Income 2021: $19,8972021Revenue 2022: $76,111Expenses 2022: $48,680Net Income 2022: $27,4312022Revenue 2023: $78,182Expenses 2023: $52,130Net Income 2023: $26,0522023Revenue 2024: $87,137Expenses 2024: $53,719Net Income 2024: $33,4182024

Highlighted filing

2020

Revenue$17,910
Expenses$50,910
Net Income-$33,000
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 17, 2021
Return Version
2020v4.1
Gross Receipts
$28,187
Mission and Program Overview

Mission

To improve the lives of people living in the new england states, particularly in the areas of education, health, human services and cultural initiatives

Program Services

DescriptionGrantsExpenses
TO IMPROVE THE LIVES OF PEOPLE LIVING IN THE NEW ENGLAND STATES, PARTICULARLY IN THE AREAS OF EDUCATION, HEALTH, HUMAN SERVICES AND CULTURAL INITIATIVES$43,750$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LESLIE MEDALIEPresident /DirectorPT$0--
DORSY HAYESTreasurer/DirectorPT$0--
SETH MEDALIEClerk/DirectorPT$0--
KEVIN SCHNEIDERDirector-$0--
DOUGLAS REISSDirector-$0--
CAROLINE BONNARDirector-$0--
THOMAS HARMONDirector-$0--
YAN KATZDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Bulfinch Group Charitable Foundation
EIN
80-0930674
Phone
7814494402
Address
160 GOULD STREET SUITE 310, NEEDHAM, MA 02494

Signing Officer

Name
Dorsy Hayes
Title
Treasurer & Director
Phone
7812923223
Signed
2021-05-17
Discuss with paid preparer
Yes

Preparer

Firm
Newburg & Company Llp
Address
95 SAWYER ROAD, WALTHAM, MA 02453
Preparer
Howard Newburg
Phone
7818844100
Supplemental Narrative

Additional Explanations

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

Activity classification: charitable donation. Grantee name: riverside community care. Grantee address: 450 washington street dedham, ma 02026. Property description: cash donation. Date of gift: 12/03/20. Amount given: 10,000.

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

Activity classification: charitable donation. Grantee name: beth israel deconess hospital. Grantee address: 148 chestnut street needham, ma 02492. Property description: cash donation. Date of gift: 02/10/20. Amount given: 20,000. Total included on form 990-ez, line 10: 30,000.

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

Description: office expenses. Amount: 2,912. Description: other cash donations. Amount: 13,750. Description: insurance expense. Amount: 349. Description: computer & internet expenses. Amount: 299. Total to form 990-ez, line 16: 17,310.

Raw XML Appendix190 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LESLIE MEDALIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DORSY HAYES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SETH MEDALIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KEVIN SCHNEIDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DOUGLAS REISS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CAROLINE BONNAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6THOMAS HARMON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7YAN KATZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT /DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt017310
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0TO IMPROVE THE LIVES OF PEOPLE LIVING IN THE NEW ENGLAND STATES, PARTICULARLY IN THE AREAS OF EDUCATION, HEALTH, HUMAN SERVICES AND CULTURAL INITIATIVES
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IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: CHARITABLE DONATION. GRANTEE NAME: RIVERSIDE COMMUNITY CARE. GRANTEE ADDRESS: 450 WASHINGTON STREET DEDHAM, MA 02026. PROPERTY DESCRIPTION: CASH DONATION. DATE OF GIFT: 12/03/20. AMOUNT GIVEN: 10,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: CHARITABLE DONATION. GRANTEE NAME: BETH ISRAEL DECONESS HOSPITAL. GRANTEE ADDRESS: 148 CHESTNUT STREET NEEDHAM, MA 02492. PROPERTY DESCRIPTION: CASH DONATION. DATE OF GIFT: 02/10/20. AMOUNT GIVEN: 20,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 30,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OFFICE EXPENSES. AMOUNT: 2,912. DESCRIPTION: OTHER CASH DONATIONS. AMOUNT: 13,750. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 349. DESCRIPTION: COMPUTER & INTERNET EXPENSES. AMOUNT: 299. TOTAL TO FORM 990-EZ, LINE 16: 17,310.
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 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.
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DORSY HAYES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER & DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07812923223
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BULFINCH GROUP CHARITABLE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BULF
ReturnHeader/Filer/EIN0800930674
ReturnHeader/Filer/PhoneNum07814494402
ReturnHeader/Filer/USAddress/AddressLine1Txt0160 GOULD STREET SUITE 310
ReturnHeader/Filer/USAddress/CityNm0NEEDHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002494
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042805993
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NEWBURG & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt095 SAWYER ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WALTHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002453
ReturnHeader/PreparerPersonGrp/PhoneNum07818844100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOWARD NEWBURG
ReturnHeader/ReturnTs02021-05-17T10:09:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DORSY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HAYES
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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