Civic Intelligence

Granite Gives Back Inc.

990EZ • Fiscal year 2020 • EIN 81-5148728

Jan 01, 2020 to Dec 31, 2020 • Filed on May 04, 2021

100 Newport Ave ExtensionQuincy, MA 02171

(617) 837-4332

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

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

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

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

Net Margin

3rd percentile

-359%

Higher net margin than 3% 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

5th percentile

-74%

Faster asset growth than 5% of similar nonprofits.

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

Revenue Growth

7th percentile

-86%

Faster revenue growth than 7% of similar nonprofits.

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

Assets

Down

$41,721

Down $121,401 (-74%) from 2019

Net Assets

Down

$41,657

Down $118,330 (-74%) from 2019

Liabilities

Down

$64

Down $3,071 (-98%) from 2019

Revenue

Down

$32,966

Down $197,530 (-86%) from 2019

Expenses

Down

$151,296

Down $152,574 (-50%) from 2019

Net Income

Down

-$118,330

Down $44,956 (-61%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2017: $55,815Liabilities 2017: $0Net Assets 2017: $55,8152017Assets 2018: $233,361Liabilities 2018: $0Net Assets 2018: $233,3612018Assets 2019: $163,122Liabilities 2019: $3,135Net Assets 2019: $159,9872019Assets 2020: $41,721Liabilities 2020: $64Net Assets 2020: $41,6572020Assets 2021: $121,363Liabilities 2021: $0Net Assets 2021: $121,3632021Assets 2022: $173,575Liabilities 2022: $0Net Assets 2022: $173,5752022Assets 2023: $166,491Liabilities 2023: $0Net Assets 2023: $166,4912023Assets 2024: $134,299Liabilities 2024: $0Net Assets 2024: $134,2992024

Highlighted filing

2020

Assets$41,721
Liabilities$64
Net Assets$41,657

Operations Trend

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

$400K$200K$0-$200KRevenue 2017: $147,048Expenses 2017: $91,233Net Income 2017: $55,8152017Revenue 2018: $265,224Expenses 2018: $88,778Net Income 2018: $176,4462018Revenue 2019: $230,496Expenses 2019: $303,870Net Income 2019: -$73,3742019Revenue 2020: $32,966Expenses 2020: $151,296Net Income 2020: -$118,3302020Revenue 2021: $120,909Expenses 2021: $41,203Net Income 2021: $79,7062021Revenue 2022: $72,270Expenses 2022: $24,740Net Income 2022: $47,5302022Revenue 2023: $69,541Expenses 2023: $76,625Net Income 2023: -$7,0842023Revenue 2024: $52,133Expenses 2024: $84,325Net Income 2024: -$32,1922024

Highlighted filing

2020

Revenue$32,966
Expenses$151,296
Net Income-$118,330
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 4, 2021
Return Version
2020v4.1
Gross Receipts
$32,966
Mission and Program Overview

Mission

Our mission statement is to positively impact the communities in which we work and live. Providing assistance and volunteering the time and effort of our teammates, family and friends.

Program Services

DescriptionGrantsExpenses
PROVIDING ASSISTANCE AND VOLUNTEERING THE TIME AND EFFORT OF OUR TEAMMATES, FAMILY AND FRIENDS TO IMPACT THE LOCAL COMMUNITY.THE ORGANIZATION RECEIVED DONATED SERVICES TOTALING $6,904 FOR THE YEAR (NOT INCLUDED IN THE TOTAL EXPENSES).$0$137,135
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT T HALE JRChairman-$0--
ROBERT M SCHLAKMANTreasurer-$0--
MICHAEL B GALVIN ESQSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Granite Gives Back Inc
EIN
81-5148728
Phone
6178374332
Address
100 NEWPORT AVE EXTENSION, QUINCY, MA 02171

Signing Officer

Name
Robert M Schlakman
Title
Treasurer
Phone
6178374332
Signed
2021-05-04
Discuss with paid preparer
Yes

Preparer

Firm
Citrin Cooperman & Company Llp
Address
500 EXCHANGE STREET SUITE 9-100, PROVIDENCE, RI 02903
Preparer
Heyam Janell
Phone
4014214800
Supplemental Narrative

Additional Explanations

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

Description: insurance. Amount: 1,717. Description: program services expense. Amount: 137,135. Description: other exp.. Amount: 819. Description: accounting fees. Amount: 11,625. Total to form 990-ez, line 16: 151,296.

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

Description: inventory. Beg. Of year amount: 18,345. End of year amount: 18,345. Description: prepaid exp.. Beg. Of year amount: 856. End of year amount: 1,018.

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

Description: accounts payable. Beg. Of year amount: 3,135. End of year amount: 64.

Raw XML Appendix152 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/PhoneNum06178374332
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0QUINCY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERT T HALE JR
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IRS990EZ/PoliticalCampaignActyInd00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0355433
IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INSURANCE. AMOUNT: 1,717. DESCRIPTION: PROGRAM SERVICES EXPENSE. AMOUNT: 137,135. DESCRIPTION: OTHER EXP.. AMOUNT: 819. DESCRIPTION: ACCOUNTING FEES. AMOUNT: 11,625. TOTAL TO FORM 990-EZ, LINE 16: 151,296.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 18,345. END OF YEAR AMOUNT: 18,345. DESCRIPTION: PREPAID EXP.. BEG. OF YEAR AMOUNT: 856. END OF YEAR AMOUNT: 1,018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 3,135. END OF YEAR AMOUNT: 64.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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.
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRANITE GIVES BACK INC
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ReturnHeader/Filer/EIN0815148728
ReturnHeader/Filer/PhoneNum06178374332
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222428965
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002903
ReturnHeader/PreparerPersonGrp/PhoneNum04014214800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HEYAM JANELL
ReturnHeader/ReturnTs02021-05-12T09:57:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCHLAKMAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings