Civic Intelligence

Friends of Bassing Beach Inc

EIN 85-0692857 • 501(c)3 • Cohasset, MA

Profile

Friends of bassing beach, inc. (the organization) was formed by residents of scituate, ma and cohasset, ma to protect bassing beach, briggs harbor and cohasset harbor and recreational activities there. The organization aims to protect the ecology and environmental balance of the beach and harbor area.

257 Atlantic AvenueCohasset, MA 02025

friendsofbassingbeach.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

62nd percentile

9.0%

Higher net margin than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

74th percentile

17%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

46%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$73,396

Up $10,633 (+17%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$73,396

Up $10,633 (+17%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin62nd percentile

Revenue

Up

$117,710

Up $37,293 (+46%) from 2023

Expenses

Up

$107,078

Up $6,197 (+6.1%) from 2023

Net Income

Up

$10,632

Up $31,096 (+152%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2020: $70,732Liabilities 2020: $0Net Assets 2020: $70,7322020Assets 2021: $59,441Liabilities 2021: $0Net Assets 2021: $59,4412021Assets 2022: $83,227Liabilities 2022: $0Net Assets 2022: $83,2272022Assets 2023: $62,763Liabilities 2023: $0Net Assets 2023: $62,7632023Assets 2024: $73,396Liabilities 2024: $0Net Assets 2024: $73,3962024

Highlighted filing

2024

Assets$73,396
Liabilities$0
Net Assets$73,396
Open 2024 Filing

Operations Trend

Revenue Growth83rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2020: $416,324Expenses 2020: $345,592Net Income 2020: $70,7322020Revenue 2021: $70,589Expenses 2021: $81,880Net Income 2021: -$11,2912021Revenue 2022: $54,091Expenses 2022: $30,305Net Income 2022: $23,7862022Revenue 2023: $80,417Expenses 2023: $100,881Net Income 2023: -$20,4642023Revenue 2024: $117,710Expenses 2024: $107,078Net Income 2024: $10,6322024

Highlighted filing

2024

Revenue$117,710
Expenses$107,078
Net Income$10,632
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$73,396
Liabilities
$0
Net assets
$73,396
Revenue
$117,710
Expenses
$107,078
Net income
$10,632
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$1.18$1.07$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.80$1.01$0.20
2022Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.54$0.30$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.71$0.82$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$4.16$3.46$0.71
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 5, 2025
Return Version
2024v5.1
Gross Receipts
$117,710
Mission and Program Overview

Mission

Friends of bassing beach, inc. (the organization) was formed by residents of scituate, ma and cohasset, ma to protect bassing beach, briggs harbor and cohasset harbor and recreational activities there. The organization aims to protect the ecology and environmental balance of the beach and harbor area.

Friends of bassing beach, inc. Aims to protect the ecology and environmental balance of the beach and harbor area, ensure the ongoing availability of the beach and harbor area for recreational activities by residents and visitors, and oppose any activity that would disturb the environment and/or interfere with the recreational activities in the beach and harbor area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$62,763$73,396▲ $10,633
Cash and Non-Interest-Bearing Accounts$34,763$45,396▲ $10,633
Land, Buildings, and Equipment, Net$28,000$28,000→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$62,763$73,396▲ $10,633
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$62,763$73,396▲ $10,633
Total Liabilities and Net Assets / Fund Balance$62,763$73,396▲ $10,633

Asset Categories

AssetBook ValueDepreciationBasis
Land$28,000-$28,000
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Timothy DavisPresident,treasurer,direct
Peter MarathasClerk, Director
Sean SweeneyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$117,710
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$117,710
Change in Net Assets
$10,632
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$107,078
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$101,915--$101,915
Insurance-$2,607-$2,607
Fees for Services Accounting-$1,976-$1,976
Other Expenses-$95-$95
Total Functional Expenses$101,915$5,163$0$107,078
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8A

“INITIAL RETURN IN 2020”

Form 990, Part VI, Section A, Line 8B

“INITIAL RETURN IN 2020”

Form 990, Part VI, Section B, Line 11B

“INITIAL RETURN IN 2020”

Form 990, Part VI, Section C, Line 19

“The organization has a website online where this information can be requested.”

Filing and Contact Details

Filer

Filer Name
Friends of Bassing Beach Inc
EIN
85-0692857
Phone
7813830232
Address
257 ATLANTIC AVENUE, COHASSET, MA 02025

Signing Officer

Name
Timothy Davis
Title
President and Treasurer
Phone
7813830232
Signed
2025-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Davis
Formed
2020
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Forvis Mazars Llp
Address
1330 BOYLSTON STREET, CHESTNUT HILL, MA 02467-2145
Preparer
Randall S Smith CPA
Phone
6177311222
Raw XML Appendix290 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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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-05
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-28
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ReturnHeader/ReturnTs02025-05-06T08:55:25-05:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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