Civic Intelligence

The Midas Collaborative Inc

990 • Fiscal year 2015 • EIN 83-0485169

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

20 Linden Street 2nd FloorAllston, MA 02134

(617) 787-3874

Siviq Scores

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

Liabilities / Assets

89th percentile

0.91x

Higher debt load relative to assets than 89% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

2.54x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

73rd percentile

14%

Higher net margin than 73% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

87th percentile

31%

Faster asset growth than 87% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

88th percentile

50%

Faster revenue growth than 88% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,824,376

Up $427,225 (+31%) from 2014

Net Assets

Up

$163,341

Up $90,295 (+124%) from 2014

Liabilities

Up

$1,661,035

Up $336,930 (+25%) from 2014

Revenue

Up

$654,971

Up $217,868 (+50%) from 2014

Expenses

Up

$564,676

Up $139,627 (+33%) from 2014

Net Income

Up

$90,295

Up $78,241 (+649%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $677,787Liabilities 2010: $640,436Net Assets 2010: $37,3512010Assets 2011: $1,180,347Liabilities 2011: $1,080,511Net Assets 2011: $99,8362011Assets 2012: $1,238,289Liabilities 2012: $1,162,229Net Assets 2012: $76,0602012Assets 2013: $1,422,467Liabilities 2013: $1,361,475Net Assets 2013: $60,9922013Assets 2014: $1,397,151Liabilities 2014: $1,324,105Net Assets 2014: $73,0462014Assets 2015: $1,824,376Liabilities 2015: $1,661,035Net Assets 2015: $163,3412015Assets 2016: $1,961,820Liabilities 2016: $1,795,960Net Assets 2016: $165,8602016Assets 2017: $1,610,769Liabilities 2017: $1,479,736Net Assets 2017: $131,0332017Assets 2018: $1,356,435Liabilities 2018: $1,225,023Net Assets 2018: $131,4122018Assets 2019: $970,656Liabilities 2019: $847,941Net Assets 2019: $122,7152019Assets 2020: $667,319Liabilities 2020: $495,766Net Assets 2020: $171,5532020Assets 2022: $1,003,033Liabilities 2022: $633,271Net Assets 2022: $369,7622022Assets 2023: $1,177,038Liabilities 2023: $719,976Net Assets 2023: $457,0622023Assets 2024: $1,097,147Liabilities 2024: $585,178Net Assets 2024: $511,9692024

Highlighted filing

2015

Assets$1,824,376
Liabilities$1,661,035
Net Assets$163,341

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $274,4032010Expenses 2011: $227,4942011Expenses 2012: $276,0202012Revenue 2013: $346,203Expenses 2013: $361,271Net Income 2013: -$15,0682013Revenue 2014: $437,103Expenses 2014: $425,049Net Income 2014: $12,0542014Revenue 2015: $654,971Expenses 2015: $564,676Net Income 2015: $90,2952015Revenue 2016: $546,548Expenses 2016: $544,029Net Income 2016: $2,5192016Revenue 2017: $396,252Expenses 2017: $431,079Net Income 2017: -$34,8272017Revenue 2018: $234,534Expenses 2018: $234,155Net Income 2018: $3792018Revenue 2019: $175,720Expenses 2019: $184,417Net Income 2019: -$8,6972019Revenue 2020: $223,429Expenses 2020: $174,591Net Income 2020: $48,8382020Revenue 2022: $627,524Expenses 2022: $449,796Net Income 2022: $177,7282022Revenue 2023: $477,798Expenses 2023: $515,498Net Income 2023: -$37,7002023Revenue 2024: $636,124Expenses 2024: $581,217Net Income 2024: $54,9072024

Highlighted filing

2015

Revenue$654,971
Expenses$564,676
Net Income$90,295
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$661,656
Mission and Program Overview

Mission

To coordinate a statewide collaborative of community-based, not-for-profit organizations that facilitate the asset development of low-income families, through increased financial management skills, community and peer support, and access to wealth-building vehicles such as homes, businesses, and education.

To facilitate asset development and protection of low-income families in a manner that is peer supported, practitioner-tested, and community-building.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$114,313$153,013▲ $38,700
Accounts Receivable$83,892$96,625▲ $12,733
Pledges and Grants Receivable$28,372$53,145▲ $24,773
Prepaid Expenses and Deferred Charges$2,373$6,944▲ $4,571
Land, Buildings, and Equipment, Net$890$1,827▲ $937
Total Assets$1,397,151$1,824,376▲ $427,225
Other Assets Total$1,167,311$1,512,822▲ $345,511
Liabilities
Other Liabilities$1,219,217$1,563,359▲ $344,142
Accounts Payable and Accrued Expenses$56,018$58,060▲ $2,042
Deferred Revenue$48,870$39,616▼ $9,254
Total Liabilities$1,324,105$1,661,035▲ $336,930
Net Assets / Fund Balance
Unrestricted Net Assets$62,046$113,341▲ $51,295
Temporarily Rstr Net Assets$11,000$50,000▲ $39,000
Total Net Assets Fund Balance$73,046$163,341▲ $90,295
Total Liabilities and Net Assets / Fund Balance$1,397,151$1,824,376▲ $427,225

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,827$1,513$3,340
Other Assets Org$1,512,822--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$534,127
Program Service Revenue
$122,366
Investment Income
$0
Other Revenue
$-1,522
All Other Contributions
$199,191
Change in Net Assets
$90,295

Audited Revenue Reconciliation

Revenue per Audited Statements
$654,971
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$654,971
Total Revenue per Form 990
$654,971
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$315,338
Other Expenses$249,338
Total Fundraising Expense$20,773
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$235,968$20,936$16,892$273,796
Fees for Services Other$198,627$13,070-$211,697
Payroll Taxes$20,982$1,831$1,547$24,360
Other Employee Benefits$13,555$2,213$1,414$17,182
Office Expenses$10,662$4,444$345$15,451
Occupancy$9,000$600$400$10,000
Fees for Services Accounting-$6,023-$6,023
Insurance-$2,649-$2,649
Travel$1,454$404$154$2,012
Conferences and Meetings$984--$984
Depreciation Depletion$470$31$21$522
Total Functional Expenses$491,702$52,201$20,773$564,676

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$564,676
Total Expenses per Audited Statements$564,676
Total Expenses per Form 990$564,676
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$6,685
Fundraising Gross Income$5,163
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Assets & Opportunity Breakfast$35,138$5,163$1,851$3,312
Total Events$35,138$5,163$6,685$-1,522
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$1,512,112
Due to Fiscal Agent$39,805
Accrued Salary and Benefits$11,442
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Financial management services and payroll and benefit processing provided by allston brighton community development corporation for a fee. All expenses reimbursed to allston brighton community devleopment corporation.

Form 990, Part VI, Section A, Line 7A

Admission as a full member requires: (i) nomination by an existing fullmember in good standing, (ii) approval by the board of directors, and; (iii)approval by an affirmative vote of at least three-fourths of all fullmembers in good-standing. Admission as an affiliate member requires approval by an affirmative vote of a simple majority of the board of directors.

Form 990, Part VI, Section A, Line 7B

Each full member will be entitled to the following rights; i) one vote in all matters requiring member vote; ii) one vote to elect representative to the board of directors; iii) eligibiity to serve on the board of directors; iv) equal opportunity to present ideas to the corporation, to voice concerns, and to request changes to the corporation's structure, policies, or operations; v) eligibility for program funds raised by the corporation on behalf of members; vi) in the case of a matched savings program, access to centralized matched account management, record-keeping, and statewide program data collection and analysis by the corporation, as funding and opportunities permit; vii)discounts on trainings, technical assistance, web-based resources and access to the corporation's resource library; and viii)access to any corporation administrative records, including meeting minutes, grant applications, peer program evaluation results, communications with and from corporation funders, and any other documents related to corproation business. Each affiliate member will be entitled tothe following rights: i)equal opportunity to present ideas to the corporation, to voice concerns, and to request changes to the corporation's structure, policies or operations; ii) participation in member meetings as non-voting members; iii) participation in educational efforts; iv) discounts on trainings, technical assistance, web-based resources and access to the corporation's resource library; and v) opportunity to apply for admission as a full member.

Form 990, Part VI, Section B, Line 11

Irs form 990 is reviewed with the preparer by the management services personnel and then circulated to board members prior to submission.

Form 990, Part VI, Section B, Line 12C

Annual disclosure of interests provided as part of the annual financial statement and tax preparation process.

Form 990, Part VI, Section B, Line 15

Executive compensation is reviewed annually as part of the budget process.

Form 990, Part VI, Section C, Line 19

Governing documents provided upon written request.

Filing and Contact Details

Filer

Filer Name
The Midas Collaborative Inc
EIN
83-0485169
Phone
6177873874
Address
20 LINDEN STREET 2ND FLOOR, ALLSTON, MA 02134

Signing Officer

Name
Jennifer Lowe
Title
Clerk
Phone
6177873874
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Lowe
Formed
2007
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
10
Employees
12
Volunteers
0

Preparer

Firm
Kevin P Martin Associates Pc
Address
10 FORBES WEST, BRAINTREE, MA 02184
Preparer
Theresa J Creeden
Phone
7813803520
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other consultants: program service expenses 65,294. Management and general expenses 13,070. Fundraising expenses 0. Total expenses 78,364. Subcontracted services: program service expenses 133,333. Management and general expenses 0. Fundraising expenses 0. Total expenses 133,333.

FORM 990, PART XII, LINE 2C:

No change in prior year process

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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04444
IRS990/OfficeExpensesGrp/ProgramServicesAmt010662
IRS990/OfficeExpensesGrp/TotalAmt015451
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01167311
IRS990/OtherAssetsTotalGrp/EOYAmt01512822
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01414
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02213
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt013555
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017182
IRS990/OtherLiabilitiesGrp/BOYAmt01219217
IRS990/OtherLiabilitiesGrp/EOYAmt01563359
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt016892
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020936
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0235968
IRS990/OtherSalariesAndWagesGrp/TotalAmt0273796
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01547
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01831
IRS990/PayrollTaxesGrp/ProgramServicesAmt020982
IRS990/PayrollTaxesGrp/TotalAmt024360
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt028372
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt053145
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02373
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06944
IRS990/PrincipalOfficerNm0JENNIFER LOWE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0122345
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt121
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0122345
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt121
IRS990/ProgSrvcAccomActy2Grp/Desc0OFFERING FINANCIAL STABILITY TO COMMUNITY COLLEGE STUDENTS - THE ORGANIZATION COMPLETED THE FIRST YEAR OF INVEST IN COLLEGE SUCCESS, AN INNOVATIVE, COLLABORATIVE PILOT OF FINANCIAL STABILITY SERVICES AT THREE COMMUNITY COLLEGES ACROSS THE STATE: BUNKER HILL, NORTHERN ESSEX AND SPRINGFIELD TECHNICAL. THE PROGRAM IS DESIGNED TO INCREASE COLLEGE AFFORDABILITY AND FINANCIAL CAPABILITIES OF STUDENTS. THE ORGANIZATION IS PROVIDING FINANCIAL COACHING, MATCHED SAVINGS, AND PROJECT COORDINATION. UASPIRE, A STATEWIDE NON-PROFIT PARTNER, IS PROVIDING CASE MANAGEMENT AND COLLEGE AFFORDABILITY ADVISING. THE FEDERAL RESERVE BANK OF BOSTON IS PROVIDING RESEARCH AND EVALUATION OF THE INITIATIVE WITH POSITIVE OUTCOMES IN ON-TIME COLLEGE PAYMENTS, FINANCIAL KNOWLEDGE, AND RETENTION. INCREASING ACCESS TO FINANCIAL EDUCATION & INDIVIDUAL FINANCIAL COACHING - THE ORGANIZATION EXPANDED THE FINANCIAL CONFIDENCE & COACHING PROGRAM, WHICH INCLUDES ONLINE FINANCIAL EDUCATION RESOURCES AT WWW.MASSSAVES.ORG AND INDIVIDUAL FINANCIAL COACHING SERVICES. MASSACHUSETTS RESIDENTS ARE MATCHED WITH OUR NATIONALLY CERTIFIED, MULTILINGUAL FINANCIAL COACHES TO MEET WITH THEM VIA PHONE AND VIRTUAL PLATFORMS FOR FREE "ONE-ON-ONE" COACHING SESSIONS, AVAILABLE WEEKDAYS, EVENINGS AND WEEKENDS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0299251
IRS990/ProgSrvcAccomActy3Grp/Desc0TRAINING IN FINANCIAL TOPICS AND COACHING METHODS - THE ORGANIZATION PROVIDED 10 TRAININGS TO MORE THAN 400 INDIVIDUALS, INCLUDING STAFF MEMBERS FROM A VAST ARRAY OF ORGANIZATIONS ACROSS THE STATE THAT SERVE LOW AND MODERATE INCOME RESIDENTS. TOPICS INCLUDE FOUNDATIONS OF PERSONAL FINANCE, DEMYSTIFYING CREDIT, AND REFINING YOUR COACHING APPROACH.RESEARCH IN BEST PRACTICES IN SMALL BUSINESS DEVELOPMENT - THE ORGANIZATION COMPLETED A 7-YEAR LONGITUDINAL STUDY OF THE PROGRAM THAT COMBINES CAPITAL INVESTMENT AND SMALL BUSINESS TRAINING FOR LOW-INCOME ENTREPRENEURS ACROSS THE STATE. THE REPORT "INNOVATIONS IN MICRO-ENTERPRISE DEVELOPMENT" SHOWS HIGH VOLUME INCOME AND NET WORTH INCREASES AS WELL AS IMPLEMENTATION OF FINANCIAL SKILLS THROUGH THIS PROGRAM.EDUCATION AND OUTREACH ACTIVITIES TO PROMOTE ASSET-BUILDING AND RETENTION POLICIES - AT THE STATE LEVEL, THE ORGANIZATION HAS ENGAGED IN POLICY DISCUSSION ON TOPICS SUCH AS MATCHED SAVINGS, CONSUMER PROTECTION, FINANCIAL EDUCATION, AND ASSET LIMIT REFORM, LEADING AND SUPPORTING COALITION WORK. THE ORGANIZATION CONTINUES TO REPRESENT MASSACHUSETTS IN THE NATIONAL CONVERSATION ON ECONOMIC SECURITY, WHILE IN MASSACHUSETTS THE FOLLOWING INITIATIVES WERE SUCCESSFUL:- INCREASE IN THE STATE EARNED INCOME TAX CREDIT. - EXPANSION OF A PILOT PROGRAM TO INTEGRATE FINANCIAL EDUCATION IN PUBLIC SCHOOLS.- INCREASED STATE REGULATION OF FOR-PROFIT CAREER SCHOOLS.- EDUCATION IN THE ISSUE OF DEBT COLLECTION ABUSES.AT THE NATIONAL LEVEL, ORGANIZATION HAS ALSO PROVIDED SUPPORT FOR INCREASED FEDERAL REGULATION OF PAYDAY LENDERS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0105284
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0101366
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0378670
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0131741
IRS990/PYOtherRevenueAmt0-3659
IRS990/PYProgramServiceRevenueAmt062092
IRS990/PYRevenuesLessExpensesAmt012054
IRS990/PYSalariesCompEmpBnftPaidAmt0293308
IRS990/PYTotalExpensesAmt0425049
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0437103
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt090295
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0534127
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0378670
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0288800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0218742
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0284994
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01705333
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt011547
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011547
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt05163
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02900
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt08266
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt06190
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt03642
IRS990ScheduleA/OtherIncome170Grp/TotalAmt026161
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83120
IRS990ScheduleA/PublicSupportPY170Pct00.77790
IRS990ScheduleA/PublicSupportTotal170Amt01448860
IRS990ScheduleA/SubstantialContributorsTotAmt0256473
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0534127
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0378670
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0288800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0218742
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0284994
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01705333
IRS990ScheduleA/TotalSupportAmt01743041
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearAmt08708
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearMinus1Amt07016
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearMinus2Amt03633
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearMinus3Amt03253
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/TotalAmt022610
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt027752
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt021253
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus2Amt018064
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus3Amt013920
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt080989
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0111008
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt085010
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt072254
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt055678
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0323950
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt08708
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus1Amt07016
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus2Amt03633
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus3Amt03253
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt022610
IRS990ScheduleC/GrassrootsCeilingAmt0121484
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt027752
IRS990ScheduleC/LobbyingCeilingAmt0485925
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt0111008
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0564676
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0573384
IRS990ScheduleC/TotalGrassrootsLobbyingGrp/FilingOrganizationsTotalAmt08708
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt08708
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotLbbyngGrassrootMnsNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01827
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01513
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03340
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0564676
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01512822
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FUNDS HELD FOR OTHERS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt039805
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111442
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21512112
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO FISCAL AGENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED SALARY AND BENEFITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2FUNDS HELD FOR OTHERS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0654971
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01827
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01512822
IRS990ScheduleD/TotalExpensesPerForm990Amt0564676
IRS990ScheduleD/TotalLiabilityAmt01563359
IRS990ScheduleD/TotalRevenuePerForm990Amt0654971
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0654971
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0564676
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt029975
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt029975
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06685
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ASSETS & OPPORTUNITY BREAKFAST
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt04834
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt04834
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt035138
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt035138
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt05163
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt05163
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-1522
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01851
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01851
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FINANCIAL MANAGEMENT SERVICES AND PAYROLL AND BENEFIT PROCESSING PROVIDED BY ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION FOR A FEE. ALL EXPENSES REIMBURSED TO ALLSTON BRIGHTON COMMUNITY DEVLEOPMENT CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADMISSION AS A FULL MEMBER REQUIRES: (I) NOMINATION BY AN EXISTING FULLMEMBER IN GOOD STANDING, (II) APPROVAL BY THE BOARD OF DIRECTORS, AND; (III)APPROVAL BY AN AFFIRMATIVE VOTE OF AT LEAST THREE-FOURTHS OF ALL FULLMEMBERS IN GOOD-STANDING. ADMISSION AS AN AFFILIATE MEMBER REQUIRES APPROVAL BY AN AFFIRMATIVE VOTE OF A SIMPLE MAJORITY OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH FULL MEMBER WILL BE ENTITLED TO THE FOLLOWING RIGHTS; I) ONE VOTE IN ALL MATTERS REQUIRING MEMBER VOTE; II) ONE VOTE TO ELECT REPRESENTATIVE TO THE BOARD OF DIRECTORS; III) ELIGIBIITY TO SERVE ON THE BOARD OF DIRECTORS; IV) EQUAL OPPORTUNITY TO PRESENT IDEAS TO THE CORPORATION, TO VOICE CONCERNS, AND TO REQUEST CHANGES TO THE CORPORATION'S STRUCTURE, POLICIES, OR OPERATIONS; V) ELIGIBILITY FOR PROGRAM FUNDS RAISED BY THE CORPORATION ON BEHALF OF MEMBERS; VI) IN THE CASE OF A MATCHED SAVINGS PROGRAM, ACCESS TO CENTRALIZED MATCHED ACCOUNT MANAGEMENT, RECORD-KEEPING, AND STATEWIDE PROGRAM DATA COLLECTION AND ANALYSIS BY THE CORPORATION, AS FUNDING AND OPPORTUNITIES PERMIT; VII)DISCOUNTS ON TRAININGS, TECHNICAL ASSISTANCE, WEB-BASED RESOURCES AND ACCESS TO THE CORPORATION'S RESOURCE LIBRARY; AND VIII)ACCESS TO ANY CORPORATION ADMINISTRATIVE RECORDS, INCLUDING MEETING MINUTES, GRANT APPLICATIONS, PEER PROGRAM EVALUATION RESULTS, COMMUNICATIONS WITH AND FROM CORPORATION FUNDERS, AND ANY OTHER DOCUMENTS RELATED TO CORPROATION BUSINESS. EACH AFFILIATE MEMBER WILL BE ENTITLED TOTHE FOLLOWING RIGHTS: I)EQUAL OPPORTUNITY TO PRESENT IDEAS TO THE CORPORATION, TO VOICE CONCERNS, AND TO REQUEST CHANGES TO THE CORPORATION'S STRUCTURE, POLICIES OR OPERATIONS; II) PARTICIPATION IN MEMBER MEETINGS AS NON-VOTING MEMBERS; III) PARTICIPATION IN EDUCATIONAL EFFORTS; IV) DISCOUNTS ON TRAININGS, TECHNICAL ASSISTANCE, WEB-BASED RESOURCES AND ACCESS TO THE CORPORATION'S RESOURCE LIBRARY; AND V) OPPORTUNITY TO APPLY FOR ADMISSION AS A FULL MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IRS FORM 990 IS REVIEWED WITH THE PREPARER BY THE MANAGEMENT SERVICES PERSONNEL AND THEN CIRCULATED TO BOARD MEMBERS PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL DISCLOSURE OF INTERESTS PROVIDED AS PART OF THE ANNUAL FINANCIAL STATEMENT AND TAX PREPARATION PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EXECUTIVE COMPENSATION IS REVIEWED ANNUALLY AS PART OF THE BUDGET PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS PROVIDED UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 65,294. MANAGEMENT AND GENERAL EXPENSES 13,070. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 78,364. SUBCONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 133,333. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 133,333.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NO CHANGE IN PRIOR YEAR PROCESS

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.59$0.51$0.64$0.58$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.72$0.46$0.48$0.52$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.63$0.37$0.63$0.45$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.50$0.17$0.22$0.17$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.85$0.12$0.18$0.18$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$1.23$0.13$0.23$0.23$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$1.48$0.13$0.40$0.43$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$1.80$0.17$0.55$0.54$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.82$1.66$0.16$0.65$0.56$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.40$1.32$0.07$0.44$0.43$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.42$1.36$0.06$0.35$0.36$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$1.16$0.08$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$1.08$0.10$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.64$0.04$0.27
Peer Organizations

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