Civic Intelligence

Higginson 1908 Foundation Inc.

990EZ • Fiscal year 2021 • EIN 81-4219554

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 31, 2022

Organization ProfileN/A
374 Commonwealth AvenueBoston, MA 02215

(617) 536-1260

Siviq Scores

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

Liabilities / Assets

81st percentile

0.16x

Higher debt load relative to assets than 81% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

87th percentile

0.30x

Higher debt load relative to revenue than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

87th percentile

51%

Higher net margin than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

77th percentile

39%

Faster asset growth than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

97th percentile

719%

Faster revenue growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$206,782

Up $58,326 (+39%) from 2020

Net Assets

Up

$172,997

Up $57,876 (+50%) from 2020

Liabilities

Up

$33,785

Up $450 (+1.3%) from 2020

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin87th percentile

Revenue

Up

$112,892

Up $99,101 (+719%) from 2020

Expenses

Down

$55,016

Down $35,867 (-39%) from 2020

Net Income

Up

$57,876

Up $134,968 (+175%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

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

$1.0M$500K$0Assets 2019: $223,615Liabilities 2019: $31,402Net Assets 2019: $192,2132019Assets 2020: $148,456Liabilities 2020: $33,335Net Assets 2020: $115,1212020Assets 2021: $206,782Liabilities 2021: $33,785Net Assets 2021: $172,9972021Assets 2022: $333,758Liabilities 2022: $5,000Net Assets 2022: $328,7582022Assets 2023: $573,528Liabilities 2023: $5,000Net Assets 2023: $568,5282023Assets 2024: $806,675Liabilities 2024: $28,720Net Assets 2024: $777,9552024

Highlighted filing

2021

Assets$206,782
Liabilities$33,785
Net Assets$172,997
Open 2021 Filing

Operations Trend

Revenue Growth97th percentile

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

$300K$200K$100K$0-$100KRevenue 2019: $203,589Expenses 2019: $31,337Net Income 2019: $172,2522019Revenue 2020: $13,791Expenses 2020: $90,883Net Income 2020: -$77,0922020Revenue 2021: $112,892Expenses 2021: $55,016Net Income 2021: $57,8762021Revenue 2022: $173,406Expenses 2022: $17,645Net Income 2022: $155,7612022Revenue 2023: $193,165Expenses 2023: $39,395Net Income 2023: $153,7702023Revenue 2024: $234,836Expenses 2024: $25,409Net Income 2024: $209,4272024

Highlighted filing

2021

Revenue$112,892
Expenses$55,016
Net Income$57,876
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 31, 2022
Return Version
2020v4.2
Gross Receipts
$112,892
Mission and Program Overview

Mission

The Foundation was organized to preserve and protect old and historic buildings in and around Boston, Massachusetts, including specifically the Clubhouse of the Harvard Club of Boston, as well as to preserve and protect historically significant artwork exhibited in and around Boston, Massachusetts, including within the Clubhouse of the Harvard Club of Boston, in order to perpetuate the further education of posterity with regard to the architectural, historic, artisitic and general cultural heritage of the Boston area.The Foundation was further organized to encourage education and personal advancement for youth in the Greater Boston area, to foster scientific, literary and educational interests among members of the Harvard Club of Boston and to advance the interests and promote the welfare of Harvard University.

Program Services

DescriptionGrantsExpenses
Awarding fellowships to Harvard University.$9,000$9,000
319 prize books were awarded to high school students from 259 different high schools in recognition of advanced scholastic achievement.$8,986$8,986
Restoration costs for art at the Harvard Club of Boston$0$4,565
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Philip C HaugheyDirector-$0--
Michael H ShanahanPresident-$0--
Michael F CroninTreasurer-$0--
Nicholas J IselinClerk-$0--
Filing and Contact Details

Filer

Filer Name
The Higginson 1908 Foundation Inc
EIN
81-4219554
Phone
6175361260
Address
374 Commonwealth Avenue, Boston, MA 02215

Signing Officer

Name
Michael F Cronin
Title
Treasurer
Phone
6175361260
Signed
2022-01-31
Discuss with paid preparer
Yes

Preparer

Firm
Pkf Pc
Address
300 Crown Colony Drive Suite 400, Quincy, MA 02169
Preparer
Robert V Dandrow
Phone
6174220007
Supplemental Narrative

Additional Explanations

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

“Description: Interest Income. Amount: 68.”

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

“Description: Administrative Services. Amount: 27,250. Description: Art Restoration. Amount: 4,565. Description: Fees. Amount: 74. Total to Form 990-EZ, line 16: 31,889.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: Due from the Harvard Club of Boston. Beg. of Year Amount: 148,234. End of Year Amount: 0.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: Accrued Expenses. Beg. of Year Amount: 4,500. End of Year Amount: 4,600. Description: Due to the Harvard Club of Boston Foundation. Beg. of Year Amount: 28,835. End of Year Amount: 28,835. Description: Due to the Harvard Club of Boston . Beg. of Year Amount: 0. End of Year Amount: 350.”

Raw XML Appendix165 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/USAddress/CityNm0Boston
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Philip C Haughey
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Michael H Shanahan
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Clerk
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt031889
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The Foundation was organized to preserve and protect old and historic buildings in and around Boston, Massachusetts, including specifically the Clubhouse of the Harvard Club of Boston, as well as to preserve and protect historically significant artwork exhibited in and around Boston, Massachusetts, including within the Clubhouse of the Harvard Club of Boston, in order to perpetuate the further education of posterity with regard to the architectural, historic, artisitic and general cultural heritage of the Boston area.The Foundation was further organized to encourage education and personal advancement for youth in the Greater Boston area, to foster scientific, literary and educational interests among members of the Harvard Club of Boston and to advance the interests and promote the welfare of Harvard University.
IRS990EZ/PrintingPublicationsPostageAmt0401
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0319 prize books were awarded to high school students from 259 different high schools in recognition of advanced scholastic achievement.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Awarding fellowships to Harvard University.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Restoration costs for art at the Harvard Club of Boston
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt08986
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt19000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt08986
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt19000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt24565
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt055016
IRS990EZ/TotalProgramServiceExpensesAmt022551
IRS990EZ/TotalRevenueAmt0112892
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The organization was incorporated on November 23, 2015. Its initial fiscal year was a short year covering the period November 23, 2015 through June 30, 2016.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II, Line 13
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt013595
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0203379
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt020050
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Interest Income. Amount: 68.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Administrative Services. Amount: 27,250. Description: Art Restoration. Amount: 4,565. Description: Fees. Amount: 74. Total to Form 990-EZ, line 16: 31,889.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Due from the Harvard Club of Boston. Beg. of Year Amount: 148,234. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: Accrued Expenses. Beg. of Year Amount: 4,500. End of Year Amount: 4,600. Description: Due to the Harvard Club of Boston Foundation. Beg. of Year Amount: 28,835. End of Year Amount: 28,835. Description: Due to the Harvard Club of Boston . Beg. of Year Amount: 0. End of Year Amount: 350.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26 - Other Liabilities
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael F Cronin
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06175361260
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Higginson 1908 Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0HIGG
ReturnHeader/Filer/EIN0814219554
ReturnHeader/Filer/PhoneNum06175361260
ReturnHeader/Filer/USAddress/AddressLine1Txt0374 Commonwealth Avenue
ReturnHeader/Filer/USAddress/CityNm0Boston
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002215
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043138777
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PKF PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 Crown Colony Drive Suite 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Quincy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002169
ReturnHeader/PreparerPersonGrp/PhoneNum06174220007
ReturnHeader/PreparerPersonGrp/PreparationDt02022-01-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert V Dandrow
ReturnHeader/ReturnTs02022-02-01T10:39:03-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michael
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Cronin
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$206,782
Liabilities
$33,785
Net assets
$172,997
Revenue
$112,892
Expenses
$55,016
Net income
$57,876
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.07$0.29$7.78$2.35$0.25$2.09
2023Detailed filing. Detailed filing data is available for this year.$5.74$0.05$5.69$1.93$0.39$1.54
2022Detailed filing. Detailed filing data is available for this year.$3.34$0.05$3.29$1.73$0.18$1.56
2021Detailed filing. Detailed filing data is available for this year.$2.07$0.34$1.73$1.13$0.55$0.58
2020Detailed filing. Detailed filing data is available for this year.$1.48$0.33$1.15$0.14$0.91$0.77
2019Detailed filing. Detailed filing data is available for this year.$2.24$0.31$1.92$2.04$0.31$1.72