Civic Intelligence

Funderburg Scholars Inc.

990EZ • Fiscal year 2019 • EIN 81-1921644

May 01, 2018 to Apr 30, 2019 • Filed on Oct 23, 2019

199 Park LaneConcord, MA 01742

(508) 935-6750

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

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

Liabilities / Revenue

57th percentile

0.00x

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

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

Net Margin

90th percentile

44%

Higher net margin than 90% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

88th percentile

68%

Faster asset growth than 88% of similar nonprofits.

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

Revenue Growth

79th percentile

30%

Faster revenue growth than 79% of similar nonprofits.

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

Assets

Up

$180,880

Up $73,112 (+68%) from 2018

Net Assets

Up

$180,880

Up $73,112 (+68%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$167,233

Up $38,619 (+30%) from 2018

Expenses

Up

$94,121

Up $3,288 (+3.6%) from 2018

Net Income

Up

$73,112

Up $35,331 (+94%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2018: $107,768Liabilities 2018: $0Net Assets 2018: $107,7682018Assets 2019: $180,880Liabilities 2019: $0Net Assets 2019: $180,8802019Assets 2020: $235,563Liabilities 2020: $0Net Assets 2020: $235,5632020Assets 2021: $353,233Liabilities 2021: $0Net Assets 2021: $353,2332021Assets 2022: $354,640Liabilities 2022: $0Net Assets 2022: $354,6402022Assets 2023: $370,485Liabilities 2023: $0Net Assets 2023: $370,4852023Assets 2024: $531,100Liabilities 2024: $0Net Assets 2024: $531,1002024Assets 2025: $372,547Liabilities 2025: $0Net Assets 2025: $372,5472025

Highlighted filing

2019

Assets$180,880
Liabilities$0
Net Assets$180,880

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2018: $128,614Expenses 2018: $90,833Net Income 2018: $37,7812018Revenue 2019: $167,233Expenses 2019: $94,121Net Income 2019: $73,1122019Revenue 2020: $156,975Expenses 2020: $101,255Net Income 2020: $55,7202020Revenue 2021: $194,203Expenses 2021: $76,533Net Income 2021: $117,6702021Revenue 2022: $285,215Expenses 2022: $283,808Net Income 2022: $1,4072022Revenue 2023: $186,122Expenses 2023: $170,276Net Income 2023: $15,8462023Revenue 2024: $345,802Expenses 2024: $184,833Net Income 2024: $160,9692024Revenue 2025: $292,972Expenses 2025: $249,943Net Income 2025: $43,0292025

Highlighted filing

2019

Revenue$167,233
Expenses$94,121
Net Income$73,112
Jump To
Filing Snapshot
Filing Period
May 1, 2018 to Apr 30, 2019
Signed
Oct 23, 2019
Return Version
2018v3.1
Gross Receipts
$167,233
Mission and Program Overview

Mission

Funderburg Scholars is an all volunteer organization that helps inner city youth attend college. 86% of our funds were used for tuition and 13% for textbooks. The students are those who attended the Unitarian Universalist Urban Ministry's after school Roxbury Youth Program.

Funderburg Scholars is an all volunteer organization that helps inner city youth attend college. 77% of our funds were used for tuition and 12% for textbooks. The students are those who attended the Unitarian Universalist Urban Ministry's after school Roxbury Youth Program.

Program Services

DescriptionGrantsExpenses
Granted tuition scholarships to students in need$72,217$72,217
Purchased textbooks for students in need$11,209$11,209
Grants for computers$7,978$7,978
Transportation assistance$1,962$1,962
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Loretta HO SherblomPresident & Treasurer-$0--
Sean KavanaghClerk-$0--
Laurie Van LoonDirector-$0--
Ashley PlattDirector-$0--
Filing and Contact Details

Filer

Filer Name
Funderburg Scholars Inc
EIN
81-1921644
Phone
5089356750
Address
199 Park Lane, Concord, MA 01742

Signing Officer

Name
Loretta H Sherblom
Title
President & Treasurer
Phone
5089356750
Signed
2019-10-23

Preparer

Firm
M Theresa Dave CPA
Address
1 Heritage Drive, Bedford, MA 01730-1659
Preparer
M Theresa Dave CPA
Phone
7812710177
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

Provided Tuition to under priviledged children; Tuition; Provided tuition assistance to students for college: , , , ; , 72217.

Form 990EZ, Part I, Line 10

Provided textbooks to under priviledged children; Textbooks; Provided textbooks to students in need: , , , ; , 11209.

Form 990EZ, Part I, Line 10

Providing computers to under-priviledged children; Computers; Provided computers to students in need: , , , ; , 7978.

Form 990EZ, Part I, Line 10

Provided Transportation cost to students in need; Transportation; Provided Train Pass to a student in need: , , , ; , 1962.

Form 990EZ, Part I, Line 16

Misc Expenses 755.

Raw XML Appendix178 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/PersonNm1Sean Kavanagh
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Clerk
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OtherExpensesTotalAmt0755
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IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Purchased textbooks for students in need
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Grants for computers
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Transportation assistance
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt072217
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt111209
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt27978
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt31962
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Provided Tuition to under priviledged children; Tuition; Provided tuition assistance to students for college: , , , ; , 72217.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Provided textbooks to under priviledged children; Textbooks; Provided textbooks to students in need: , , , ; , 11209.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Providing computers to under-priviledged children; Computers; Provided computers to students in need: , , , ; , 7978.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Provided Transportation cost to students in need; Transportation; Provided Train Pass to a student in need: , , , ; , 1962.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Misc Expenses 755.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Loretta H Sherblom
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05089356750
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Funderburg Scholars Inc
ReturnHeader/Filer/BusinessNameControlTxt0FUND
ReturnHeader/Filer/EIN0811921644
ReturnHeader/Filer/PhoneNum05089356750
ReturnHeader/Filer/USAddress/AddressLine1Txt0199 Park Lane
ReturnHeader/Filer/USAddress/CityNm0Concord
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001742
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A62BF5978851B11448AF4BEF7FEDF1C6EE3C1702
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0100.17.20.178
ReturnHeader/FilingSecurityInformation/IPDt02019-11-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm008:23:07
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0M Theresa Dave CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 Heritage Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bedford
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0017301659
ReturnHeader/PreparerPersonGrp/PhoneNum07812710177
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0M Theresa Dave CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-11-05T08:23:15-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-05-01
ReturnHeader/TaxPeriodEndDt02019-04-30
ReturnHeader/TaxYr02018

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