Civic Intelligence

Boon Philanthropy Inc.

990EZ • Fiscal year 2018 • EIN 81-2285654

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 18, 2019

Organization ProfileBOONPHILANTHROPY.ORG
51 Front StreetCumberland, RI 02864

(401) 333-1331

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

55th percentile

5.3%

Higher net margin than 55% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

49th percentile

0.9%

Faster asset growth than 49% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

4th percentile

-83%

Faster revenue growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$126,669

Up $1,169 (+0.9%) from 2017

Net Assets

Up

$126,669

Up $1,169 (+0.9%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin55th percentile

Revenue

Down

$21,855

Down $103,645 (-83%) from 2017

Expenses

$20,686

No earlier filing loaded for comparison.

Net Income

$1,169

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$1.0M$500K$0Assets 2016: $0Net Assets 2016: $02016Assets 2017: $125,500Net Assets 2017: $125,5002017Assets 2018: $126,669Net Assets 2018: $126,6692018Assets 2019: $264,478Liabilities 2019: $0Net Assets 2019: $264,4782019Assets 2020: $321,981Liabilities 2020: $0Net Assets 2020: $321,9812020Assets 2021: $376,723Liabilities 2021: $0Net Assets 2021: $376,7232021Assets 2022: $678,676Liabilities 2022: $0Net Assets 2022: $678,6762022Assets 2023: $988,051Liabilities 2023: $2,308Net Assets 2023: $985,7432023Assets 2024: $806,688Liabilities 2024: $0Net Assets 2024: $806,6882024

Highlighted filing

2018

Assets$126,669
Liabilities-
Net Assets$126,669
Open 2018 Filing

Operations Trend

Revenue Growth4th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2017: $125,5002017Revenue 2018: $21,855Expenses 2018: $20,686Net Income 2018: $1,1692018Revenue 2019: $374,206Expenses 2019: $236,397Net Income 2019: $137,8092019Revenue 2020: $303,441Expenses 2020: $245,938Net Income 2020: $57,5032020Revenue 2021: $369,507Expenses 2021: $314,765Net Income 2021: $54,7422021Revenue 2022: $566,946Expenses 2022: $264,993Net Income 2022: $301,9532022Revenue 2023: $614,203Expenses 2023: $307,136Net Income 2023: $307,0672023Revenue 2024: $140,910Expenses 2024: $319,965Net Income 2024: -$179,0552024

Highlighted filing

2018

Revenue$21,855
Expenses$20,686
Net Income$1,169
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 18, 2019
Return Version
2018v3.1
Gross Receipts
$21,855
Mission and Program Overview

Mission

The nation-wide mission of boon is to provide innovative funding and stewardship solutions that enable dedicated educators to have knowledge and skills they need to help all learners become strong readers. To raise funds nation-wide to provide low income and minority students with free tutorial intervention using structured language instruction methods.

The nation-wide mission of boon is to provide innovative funding and stewardship solutions that enable dedicated educators to have knowledge and skills they need to help all learners become strong readers.

Program Services

DescriptionGrantsExpenses
IMPROVE READING SKILLS-$20,000
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVE CARNEVALEOfficer-$0--
HENRY SINCLAIR SHERRILLOfficer-$0--
JEFFREY WILDER EARLSOfficer-$0--
CATHY SANFORDOfficer-$0--
J SEBASTIAN SCRIPPSOfficer-$0--
MARGARET STERNOfficer-$0--
Filing and Contact Details

Filer

Filer Name
Boon Philanthropy Inc
EIN
81-2285654
Phone
4013331331
Address
51 FRONT STREET, CUMBERLAND, RI 02864

Signing Officer

Name
Henry Sinclair Sherrill
Title
Officer
Phone
6178774992
Signed
2019-07-18
Discuss with paid preparer
Yes

Preparer

Firm
Piette Mccoart Cpas LLC
Address
6 BLACKSTONE VALLEY PLACE SUITE 10, LINCOLN, RI 02865
Preparer
Gerald R Piette
Phone
4013331331
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses a.l.t.a 5,000 churchill center & school 2,500 the newgrange school 2,500 academy of og 5,000 imglec 5,000 total 20,000”

Form 990-ez, Part III

“The nation-wide mission of boon is to provide innovative funding and stewardship solutions that enable dedicated educators to have knowledge and skills they need to help all learners become strong readers.”

Raw XML Appendix131 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/BooksInCareOfDetail/PhoneNum04013331331
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CUMBERLAND
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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002864
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEFFREY WILDER EARLS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CATHY SANFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4J SEBASTIAN SCRIPPS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MARGARET STERN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2OFFICER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5OFFICER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt020000
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE NATION-WIDE MISSION OF BOON IS TO PROVIDE INNOVATIVE FUNDING AND STEWARDSHIP SOLUTIONS THAT ENABLE DEDICATED EDUCATORS TO HAVE KNOWLEDGE AND SKILLS THEY NEED TO HELP ALL LEARNERS BECOME STRONG READERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IMPROVE READING SKILLS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt020000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt020686
IRS990EZ/TotalProgramServiceExpensesAmt020000
IRS990EZ/TotalRevenueAmt021855
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0BOONPHILANTHROPY.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt021855
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0125500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0147355
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0147355
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt021855
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0125500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0147355
IRS990ScheduleA/TotalSupportAmt0147355
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES A.L.T.A 5,000 CHURCHILL CENTER & SCHOOL 2,500 THE NEWGRANGE SCHOOL 2,500 ACADEMY OF OG 5,000 IMGLEC 5,000 TOTAL 20,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE NATION-WIDE MISSION OF BOON IS TO PROVIDE INNOVATIVE FUNDING AND STEWARDSHIP SOLUTIONS THAT ENABLE DEDICATED EDUCATORS TO HAVE KNOWLEDGE AND SKILLS THEY NEED TO HELP ALL LEARNERS BECOME STRONG READERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOON PHILANTHROPY INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O HENRY SINCLAIR SHERRILL
ReturnHeader/Filer/BusinessNameControlTxt0BOON
ReturnHeader/Filer/EIN0812285654
ReturnHeader/Filer/PhoneNum04013331331
ReturnHeader/Filer/USAddress/AddressLine1Txt051 FRONT STREET
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ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:21:23
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050431790
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PIETTE MCCOART CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06 BLACKSTONE VALLEY PLACE SUITE 10
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LINCOLN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002865
ReturnHeader/PreparerPersonGrp/PhoneNum04013331331
ReturnHeader/PreparerPersonGrp/PreparationDt02019-07-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GERALD R PIETTE
ReturnHeader/ReturnTs02019-10-02T09:21:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$126,669
Liabilities
-
Net assets
$126,669
Revenue
$21,855
Expenses
$20,686
Net income
$1,169
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.07$0.00$8.07$1.41$3.20$1.79
2023Detailed filing. Detailed filing data is available for this year.$9.88$0.02$9.86$6.14$3.07$3.07
2022Detailed filing. Detailed filing data is available for this year.$6.79$0.00$6.79$5.67$2.65$3.02
2021Detailed filing. Detailed filing data is available for this year.$3.77$0.00$3.77$3.70$3.15$0.55
2020Detailed filing. Detailed filing data is available for this year.$3.22$0.00$3.22$3.03$2.46$0.58
2019Detailed filing. Detailed filing data is available for this year.$2.64$0.00$2.64$3.74$2.36$1.38
2018Detailed filing. Detailed filing data is available for this year.$1.27$1.27$0.22$0.21$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.26$1.26$1.26
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • <$500k nonprofits