Civic Intelligence

Boston Cannons Foundation Inc

990EZ • Fiscal year 2017 • EIN 81-2701165

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 12, 2018

150 Newport Avenue Extension No 301Quincy, MA 02171

(617) 746-9933

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

79th percentile

24%

Higher net margin than 79% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

96th percentile

294%

Faster asset growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

85th percentile

47%

Faster revenue growth than 85% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$34,838

Up $25,998 (+294%) from 2016

Net Assets

Up

$34,838

Up $25,998 (+294%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$108,700

Up $34,860 (+47%) from 2016

Expenses

Up

$82,702

Up $17,702 (+27%) from 2016

Net Income

Up

$25,998

Up $17,158 (+194%) from 2016

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2016: $8,840Liabilities 2016: $0Net Assets 2016: $8,8402016Assets 2017: $34,838Liabilities 2017: $0Net Assets 2017: $34,8382017Assets 2018: $6,375Liabilities 2018: $0Net Assets 2018: $6,3752018Assets 2019: $135,238Liabilities 2019: $0Net Assets 2019: $135,2382019Assets 2020: $30,095Liabilities 2020: $0Net Assets 2020: $30,0952020Assets 2021: $11,155Liabilities 2021: $0Net Assets 2021: $11,1552021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2017

Assets$34,838
Liabilities$0
Net Assets$34,838

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2016: $73,840Expenses 2016: $65,000Net Income 2016: $8,8402016Revenue 2017: $108,700Expenses 2017: $82,702Net Income 2017: $25,9982017Revenue 2018: $142,289Expenses 2018: $170,752Net Income 2018: -$28,4632018Revenue 2019: $139,936Expenses 2019: $11,073Net Income 2019: $128,8632019Revenue 2020: -$5,029Expenses 2020: $100,114Net Income 2020: -$105,1432020Revenue 2021: $1,489Expenses 2021: $20,429Net Income 2021: -$18,9402021Revenue 2022: $27Expenses 2022: $11,182Net Income 2022: -$11,1552022

Highlighted filing

2017

Revenue$108,700
Expenses$82,702
Net Income$25,998
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 12, 2018
Return Version
2017v2.3
Gross Receipts
$113,562
Mission and Program Overview

Mission

Boston cannons foundation, inc. Is dedicated to benefiting children and families in the new england area by fostering and promoting the core attributes of the sport of lacrosse and of the athletes who wear or have worn the boston cannons jersey, by providing resources and programs focused on improving the health, education and welfare of new england children and families, and by supporting public charities that provide similar resources and programs.

Program Services

DescriptionGrantsExpenses
BOSTON CANNONS FOUNDATION, INC. IS DEDICATED TO BENEFITING CHILDREN AND FAMILIES IN THE NEW ENGLAND AREA BY FOSTERING AND PROMOTING THE CORE ATTRIBUTES OF THE SPORT OF LACROSSE AND OF THE ATHLETES WHO WEAR OR HAVE WORN THE BOSTON CANNONS JERSEY, BY PROVIDING RESOURCES AND PROGRAMS FOCUSED ON IMPROVING THE HEALTH, EDUCATION AND WELFARE OF NEW ENGLAND CHILDREN AND FAMILIES, AND BY SUPPORTING PUBLIC CHARITIES THAT PROVIDE SIMILAR RESOURCES AND PROGRAMS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT T HALE JRPresident / Director-$0--
PETER TROVATOTreasurer / Director-$0--
IAN FRENETTESecretary / DirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fighting Cancer$69,711$69,711$1,500$68,211
Golf Tournament$43,740$43,740$1,862$41,878
Total Events$113,451$113,451$4,862$108,589
Filing and Contact Details

Filer

Filer Name
Boston Cannons Foundation Inc
EIN
81-2701165
Phone
6177469933
Address
150 NEWPORT AVENUE EXTENSION NO 301, QUINCY, MA 02171

Signing Officer

Name
Robert T Hale Jr
Title
President
Phone
6177469933
Signed
2018-07-12
Discuss with paid preparer
Yes

Preparer

Firm
Citrin Cooperman & Company Llp
Address
TEN WEYBOSSET STREET - SUITE 700, PROVIDENCE, RI 02903
Preparer
Gerald Iadeluca
Phone
4014214800
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: dividends. Amount: 111.

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

Activity classification: . Grantee name: boston children's hospital. Grantee address: 401 park drive, suite 602 boston, ma 02115. Property description: cash. Date of gift: 08/25/17. Amount given: 70,000.

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

Activity classification: . Grantee name: metro lacrosse. Grantee address: 209 green street jamaica plain, ma 02130. Property description: cash. Date of gift: 11/14/17. Amount given: 10,000. Total included on form 990-ez, line 10: 80,000.

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

Description: administration. Amount: 2,367. Description: rcn - event with cannons players. Amount: 300. Description: registration fee - ma. Amount: 35. Total to form 990-ez, line 16: 2,702.

Raw XML Appendix160 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
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0301
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0QUINCY
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERT T HALE JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PETER TROVATO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2IAN FRENETTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT / DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER / DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY / DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt02702
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0BOSTON CANNONS FOUNDATION, INC. IS DEDICATED TO BENEFITING CHILDREN AND FAMILIES IN THE NEW ENGLAND AREA BY FOSTERING AND PROMOTING THE CORE ATTRIBUTES OF THE SPORT OF LACROSSE AND OF THE ATHLETES WHO WEAR OR HAVE WORN THE BOSTON CANNONS JERSEY, BY PROVIDING RESOURCES AND PROGRAMS FOCUSED ON IMPROVING THE HEALTH, EDUCATION AND WELFARE OF NEW ENGLAND CHILDREN AND FAMILIES, AND BY SUPPORTING PUBLIC CHARITIES THAT PROVIDE SIMILAR RESOURCES AND PROGRAMS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BOSTON CANNONS FOUNDATION, INC. IS DEDICATED TO BENEFITING CHILDREN AND FAMILIES IN THE NEW ENGLAND AREA BY FOSTERING AND PROMOTING THE CORE ATTRIBUTES OF THE SPORT OF LACROSSE AND OF THE ATHLETES WHO WEAR OR HAVE WORN THE BOSTON CANNONS JERSEY, BY PROVIDING RESOURCES AND PROGRAMS FOCUSED ON IMPROVING THE HEALTH, EDUCATION AND WELFARE OF NEW ENGLAND CHILDREN AND FAMILIES, AND BY SUPPORTING PUBLIC CHARITIES THAT PROVIDE SIMILAR RESOURCES AND PROGRAMS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
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IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt052500
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FIGHTING CANCER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt043740
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt069711
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt043740
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01862
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01500
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IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01500
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DIVIDENDS. AMOUNT: 111.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: . GRANTEE NAME: BOSTON CHILDREN'S HOSPITAL. GRANTEE ADDRESS: 401 PARK DRIVE, SUITE 602 BOSTON, MA 02115. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 08/25/17. AMOUNT GIVEN: 70,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: . GRANTEE NAME: METRO LACROSSE. GRANTEE ADDRESS: 209 GREEN STREET JAMAICA PLAIN, MA 02130. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 11/14/17. AMOUNT GIVEN: 10,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 80,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ADMINISTRATION. AMOUNT: 2,367. DESCRIPTION: RCN - EVENT WITH CANNONS PLAYERS. AMOUNT: 300. DESCRIPTION: REGISTRATION FEE - MA. AMOUNT: 35. TOTAL TO FORM 990-EZ, LINE 16: 2,702.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 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.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT T HALE JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06177469933
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOSTON CANNONS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BOST
ReturnHeader/Filer/EIN0812701165
ReturnHeader/Filer/PhoneNum06177469933
ReturnHeader/Filer/USAddress/AddressLine1Txt0150 NEWPORT AVENUE EXTENSION NO 301
ReturnHeader/Filer/USAddress/CityNm0QUINCY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002171
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BB25C93DDF6FE3BB9441B9AB4B9545340488638F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId062BDDA0A102AF94C2E8F6B8D7F6838FC7B29A63C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.108.113.34
ReturnHeader/FilingSecurityInformation/IPDt02018-07-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:36:46
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222428965
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CITRIN COOPERMAN & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0TEN WEYBOSSET STREET - SUITE 700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PROVIDENCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002903
ReturnHeader/PreparerPersonGrp/PhoneNum04014214800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GERALD IADELUCA
ReturnHeader/ReturnTs02018-07-17T15:35:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings