Civic Intelligence

Fundacion Metropolitana Inc

EIN 85-2257611 • 501(c)3 • Cambridge, MA

Profile

We work to improve the social, educational, cultural and professional environment for latin american students.

46 Lincoln StreetCambridge, MA 02141

n/A

Siviq Scores

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

Liabilities / Assets

74th percentile

0.19x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.24x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

75th percentile

22%

Higher net margin than 75% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

64th percentile

$40,707

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

15th percentile

-19%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

47th percentile

4.5%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$800,000

Down $184,140 (-19%) from 2021

Liabilities

Down

$150,000

Down $374,532 (-71%) from 2021

Net Assets

Up

$650,000

Up $190,392 (+41%) from 2021

Operations
Liabilities / Revenue80th percentileNet Margin75th percentile

Revenue

Up

$627,397

Up $27,097 (+4.5%) from 2021

Expenses

Up

$534,106

Up $131,420 (+33%) from 2021

Net Income

Down

$93,291

Down $104,323 (-53%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

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

$1.0M$500K$0Assets 2020: $984,140Liabilities 2020: $524,532Net Assets 2020: $459,6082020Assets 2021: $984,140Liabilities 2021: $524,532Net Assets 2021: $459,6082021Assets 2022: $800,000Liabilities 2022: $150,000Net Assets 2022: $650,0002022

Highlighted filing

2022

Assets$800,000
Liabilities$150,000
Net Assets$650,000
Open 2022 Filing

Operations Trend

Revenue Growth47th percentile

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

$800K$600K$400K$200K$0Revenue 2020: $600,300Expenses 2020: $402,686Net Income 2020: $197,6142020Revenue 2021: $600,300Expenses 2021: $402,686Net Income 2021: $197,6142021Revenue 2022: $627,397Expenses 2022: $534,106Net Income 2022: $93,2912022

Highlighted filing

2022

Revenue$627,397
Expenses$534,106
Net Income$93,291
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$800,000
Liabilities
$150,000
Net assets
$650,000
Revenue
$627,397
Expenses
$534,106
Net income
$93,291
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$8.00$1.50$6.50$6.27$5.34$0.93
2021Summary only. Only limited summary data is available for this year.$9.84$5.25$4.60$6.00$4.03$1.98
2020Detailed filing. Detailed filing data is available for this year.$9.84$5.25$4.60$6.00$4.03$1.98
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 16, 2022
Return Version
2021v4.1
Gross Receipts
$627,397
Mission and Program Overview

Mission

We work to improve the social, educational, cultural and professional environment for latin american students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$700,000$700,000→ $0
Rtn Earn Endowment Incm Other Fnds$284,140$474,532▲ $190,392
Cap Stk Tr Prin Current Funds$175,468$175,468→ $0
Loans From Officers Directors$524,532$150,000▼ $374,532
Savings and Temporary Cash Investments$284,140$100,000▼ $184,140
Total Assets$984,140$800,000▼ $184,140
Liabilities
Total Liabilities$524,532$150,000▼ $374,532
Net Assets / Fund Balance
Total Net Assets Fund Balance$459,608$650,000▲ $190,392
Total Liabilities and Net Assets / Fund Balance$984,140$800,000▼ $184,140

Asset Categories

AssetBook ValueDepreciationBasis
Land$700,000--
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleFull / Part TimeBaseTotal
EmilioCedeo EspinozaFT$40,707$40,707

Board Members and Trustees

NameTitle
JaimeE. Chang
GracielaSoria Len
CarlosXavier Espinoza
Revenue and Support

Revenue Composition

Contributions and Grants
$627,397
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$93,291
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$519,587
Salaries, Compensation, and Employee Benefits$14,519
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$0$199,337$0$199,337
Occupancy$0$188,008$0$188,008
Travel$0$35,877$0$35,877
Fees for Services Legal$0$18,024$0$18,024
Current Officers, Directors, Trustees, and Key Employees$0$14,519$0$14,519
Advertising$0$2,195$0$2,195
Information Technology$0$1,579$0$1,579
Office Expenses$0$918$0$918
Total Functional Expenses$49,857$484,249$0$534,106
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$524,532$150,000▼ $374,532
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Fundacion Metropolitana Inc
EIN
85-2257611
Phone
6178164602
Address
46 LINCOLN STREET, Cambridge, MA 02141

Signing Officer

Name
Emilio Cedeo Espinoza
Title
Secretary/DIRECTOR
Phone
6178164602
Signed
2022-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emilio Cedeo Espinoza
Formed
2020
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
3
Employees
1
Volunteers
0

Preparer

Firm
Law Office of Louis Haskell
Address
16 Pine Street 2, LOWELL, MA 01851
Preparer
Louis S Haskell
Phone
9784598359
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

“the entire board is related. The president and Graciela are married, and the other directers are their non-sibling nephews.”

Pt IV

“The foundation has reviewed this return with their attorney. The annual report and articles of organization are publically available.”

Pt VI, Line 11B

“The 990 is sent to the organization as a whole and reviewed by the board of directors.”

Pt VI, Line 1A

“All members have equal voting rights.”

Pt VI, Line 5

“The foundation's income originates from its President. The foundation's original advisors did not school the foundation "that private foundations are stewards of public trusts and their assets are no longer in the same status as the assets of individuals who may dispose of their own money in any lawful way they see fit." The foundation understands this now and is working with its main benefactor to retrieve the money that is now considered "loaned" to him. The foundation has hired an attorney to prepare its tax returns and to help it to clean up its past problems. The foundation and the attorney look forward to working together to put in place procedures and protocols to prevent future issues from arising. Said president loaned the organization $600,000, for which he is still owed approximately $140,000, which would appear to be in line with what he owes.”

Form 990, Part IX, Line 24E

“BANK FEES 1. 0. 1. 0.”

Form 990, Part IX, Line 24E

“CLOTHING 248. 0. 248. 0.”

Form 990, Part IX, Line 24E

“Unknown 111620. 0. 111620. 0.”

Form 990, Part IX, Line 24E

“Automobile 206. 0. 206. 0.”

Form 990, Part IX, Line 24E

“Decor 57365. 0. 57365. 0.”

Form 990, Part IX, Line 24E

“Payroll service 14519. 0. 14519. 0.”

Form 990, Part IX, Line 24E

“Insurance 3562. 0. 3562. 0.”

Form 990, Part IX, Line 24E

“Taxes 11816. 0. 11816. 0.”

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0the entire board is related. The president and Graciela are married, and the other directers are their non-sibling nephews.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The foundation has reviewed this return with their attorney. The annual report and articles of organization are publically available.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The 990 is sent to the organization as a whole and reviewed by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All members have equal voting rights.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The foundation's income originates from its President. The foundation's original advisors did not school the foundation "that private foundations are stewards of public trusts and their assets are no longer in the same status as the assets of individuals who may dispose of their own money in any lawful way they see fit." The foundation understands this now and is working with its main benefactor to retrieve the money that is now considered "loaned" to him. The foundation has hired an attorney to prepare its tax returns and to help it to clean up its past problems. The foundation and the attorney look forward to working together to put in place procedures and protocols to prevent future issues from arising. Said president loaned the organization $600,000, for which he is still owed approximately $140,000, which would appear to be in line with what he owes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK FEES 1. 0. 1. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CLOTHING 248. 0. 248. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7UNKNOWN 111620. 0. 111620. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8AUTOMOBILE 206. 0. 206. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DECOR 57365. 0. 57365. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10PAYROLL SERVICE 14519. 0. 14519. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11INSURANCE 3562. 0. 3562. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12TAXES 11816. 0. 11816. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt IV
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0984140
IRS990/TotalAssetsEOYAmt0800000
IRS990/TotalAssetsGrp/BOYAmt0984140
IRS990/TotalAssetsGrp/EOYAmt0800000
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0627397
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0484249
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt049857
IRS990/TotalFunctionalExpensesGrp/TotalAmt0534106
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0524532
IRS990/TotalLiabilitiesEOYAmt0150000
IRS990/TotalLiabilitiesGrp/BOYAmt0524532
IRS990/TotalLiabilitiesGrp/EOYAmt0150000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0459608
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0650000
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt047863
IRS990/TotalReportableCompFromOrgAmt040707
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0627397
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0984140
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0800000
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt035877
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt035877
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt01 JESS ST
IRS990/USAddress/CityNm0JAMAICA PLAIN
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002130
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Emilio Cedeo Espinoza
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06178164602
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FUNDACION METROPOLITANA INC
ReturnHeader/Filer/BusinessNameControlTxt0FUND
ReturnHeader/Filer/EIN0852257611
ReturnHeader/Filer/PhoneNum06178164602
ReturnHeader/Filer/USAddress/AddressLine1Txt046 LINCOLN STREET
ReturnHeader/Filer/USAddress/CityNm0Cambridge
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002141
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043134009
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LAW OFFICE OF LOUIS HASKELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016 Pine Street 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOWELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001851
ReturnHeader/PreparerPersonGrp/PhoneNum09784598359
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LOUIS S HASKELL
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-12-15T14:26:14-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Emilio
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Cedeo Espinoza
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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