Civic Intelligence

Spinney Foundation Inc.

990PF • Fiscal year 2022 • EIN 82-1912688

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 29, 2023

52 Crosman AveSwampscott, MA 01907-1434

(978) 836-6280

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

Higher debt load relative to assets than 62% of similar nonprofits.

2022 filings • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

Higher debt load relative to revenue than 62% of similar nonprofits.

2022 filings • <$500k nonprofits • Source year 2022

Net Margin

8th percentile

-122%

Higher net margin than 8% of similar nonprofits.

2022 filings • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • <$500k nonprofits • Source year 2022

Asset Growth

13th percentile

-37%

Faster asset growth than 13% of similar nonprofits.

2022 filings • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

15th percentile

-45%

Faster revenue growth than 15% of similar nonprofits.

2022 filings • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$2,279

Down $1,336 (-37%) from 2021

Net Assets

Down

$2,279

Down $1,336 (-37%) from 2021

Liabilities

Flat

$1

Flat from 2021

Revenue

Down

$1,093

Down $881 (-45%) from 2021

Expenses

Up

$2,429

Up $48 (+2.0%) from 2021

Net Income

Down

-$1,336

Down $929 (-228%) from 2021

Historical Trend

Balance Sheet Trend

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2018: $6,205Liabilities 2018: $02018Assets 2019: $6,186Liabilities 2019: $02019Assets 2020: $4,022Liabilities 2020: $1Net Assets 2020: $4,0222020Assets 2021: $3,615Liabilities 2021: $1Net Assets 2021: $3,6152021Assets 2022: $2,279Liabilities 2022: $1Net Assets 2022: $2,2792022Assets 2023: $2,212Liabilities 2023: $1Net Assets 2023: $2,2122023Assets 2024: $592Liabilities 2024: $0Net Assets 2024: $5922024

Highlighted filing

2022

Assets$2,279
Liabilities$1
Net Assets$2,279

Operations Trend

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

$20K$15K$10K$5.0K$0-$5.0KRevenue 2018: $14,320Expenses 2018: $12,756Net Income 2018: $1,5642018Revenue 2019: $15,647Expenses 2019: $15,666Net Income 2019: -$192019Revenue 2020: $594Expenses 2020: $2,758Net Income 2020: -$2,1642020Revenue 2021: $1,974Expenses 2021: $2,381Net Income 2021: -$4072021Revenue 2022: $1,093Expenses 2022: $2,429Net Income 2022: -$1,3362022Revenue 2023: $2,374Expenses 2023: $2,441Net Income 2023: -$672023Revenue 2024: $859Expenses 2024: $2,479Net Income 2024: -$1,6202024

Highlighted filing

2022

Revenue$1,093
Expenses$2,429
Net Income-$1,336
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 29, 2023
Return Version
2022v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chris RothwellChairman-$0--
Chuck BorgioliTreasurer-$0--
Scott ReblinClerk-$0--
Filing and Contact Details

Filer

Filer Name
Spinney Foundation Inc
EIN
82-1912688
In Care Of
% Chris Rothwell
Address
52 CROSMAN AVE, SWAMPSCOTT, MA 01907-1434

Signing Officer

Name
Chris Rothwell
Title
President
Signed
2023-04-29
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IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0Darren Spinney Memorial Scholarship
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0184
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OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt00
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OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt20
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt0170
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