Civic Intelligence

The Carnegie Initiative Inc

EIN 86-1551836 • 501(c)3 • Lexington, MA

Profile

(1) to conduct research and compile data about individual and systematic forms of racism, discrimination, and stereoyping in hockey and disseminate results to the general public to increase understanding and awareness; (2) to organize and implement conferences and workshops for the general public about institutional and individual forms of racism, discrimination, and stereotyping in hockey; (3) to educate about racial prejudice and other forms of discrimination through webinars and podcasts intended for the general public; 4) to organize and implement educational and training programs for hockey coaches and executives on anti-racism and diversity to promote wider understanding of the discrimination members of the bipoc, lgbtq+ and disabled communities face and how to create more opportunities for participation by members of these groups; and (5) to do any act or thing incidental to or connected with the foregoing purposes or in advancement thereof.

45 Turning Mill RoadLexington, MA 02420

carnegieinitiative.com

Siviq Scores

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

Liabilities / Assets

76th percentile

0.07x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.06x

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

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

97th percentile

92%

Higher net margin than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

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 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$30,403

No earlier filing loaded for comparison.

Liabilities

$2,000

No earlier filing loaded for comparison.

Net Assets

$28,403

No earlier filing loaded for comparison.

Revenue

$31,009

No earlier filing loaded for comparison.

Expenses

$2,606

No earlier filing loaded for comparison.

Net Income

$28,403

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2021: $30,403Liabilities 2021: $2,000Net Assets 2021: $28,4032021

Highlighted filing

2021

Assets$30,403
Liabilities$2,000
Net Assets$28,403

Operations Trend

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

$40K$30K$20K$10K$0Revenue 2021: $31,009Expenses 2021: $2,606Net Income 2021: $28,4032021

Highlighted filing

2021

Revenue$31,009
Expenses$2,606
Net Income$28,403

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$30.4$2.00$28.4$31.0$2.61$28.4
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$31,009
Mission and Program Overview

Mission

(1) to conduct research and compile data about individual and systematic forms of racism, discrimination, and stereoyping in hockey and disseminate results to the general public to increase understanding and awareness; (2) to organize and implement conferences and workshops for the general public about institutional and individual forms of racism, discrimination, and stereotyping in hockey; (3) to educate about racial prejudice and other forms of discrimination through webinars and podcasts intended for the general public; 4) to organize and implement educational and training programs for hockey coaches and executives on anti-racism and diversity to promote wider understanding of the discrimination members of the bipoc, lgbtq+ and disabled communities face and how to create more opportunities for participation by members of these groups; and (5) to do any act or thing incidental to or connected with the foregoing purposes or in advancement thereof.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$30,403-
Total Assets$0$30,403▲ $30,403
Liabilities
Accounts Payable and Accrued Expenses-$2,000-
Total Liabilities$0$2,000▲ $2,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$28,403-
Total Net Assets Fund Balance$0$28,403▲ $28,403
Total Liabilities and Net Assets / Fund Balance$0$30,403▲ $30,403
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bryant McbridePresident
Chi-yin TsaDirector
Joshua a PaulsDirector
Karina M VillegasDirector
Rebecca R HessDirector
WILLIE E O'REEDirector
Frank SupovitzSecretary
Lauren a CamperTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$11,800
Program Service Revenue
$19,209
Investment Income
$0
Other Revenue
$0
All Other Contributions
$11,800
Change in Net Assets
$28,403
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,606
Total Fundraising Expense$606
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$1,500-$1,500
Other Expenses--$606$606
Fees for Services Legal-$500-$500
Total Functional Expenses$0$2,000$606$2,606
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 12C

If the board has reasonable cause to believe a disqualified person has failed to disclose a potential orfailed to disclose a potential or actual: (i) conflict of interest of said disqualified person; (ii) disqualified person transaction with which said disqualified person, or with which a person who is a disqualified person as a result of his, her, or its relationship to said disqualified person, may be involved; and/or (iii) financial interest of said disqualified person, the board shall inform the disqualified person of the basis for such belief and afford the disqualified person an opportunity to explain the alleged failure to disclose. If, after hearing the disqualified person's response and after making further investigation as warranted by the circwnstances, the board determines the disqualified person has failed to make any of the foregoing disclosures, the board shall take appropriate disciplinary and corrective action, which may include, but is not limited to, removal of said disqualified person from the board and/or other position with the corporation or termination of said disqualified person from the corporation.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
The Carnegie Initiative Inc
EIN
86-1551836
Phone
6175486529
Address
45 TURNING MILL ROAD, LEXINGTON, MA 02420

Signing Officer

Name
Bryant Mcbride
Title
President
Phone
6175486529
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bryant Mcbride
Formed
2021
Legal Domicile
De
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
3

Preparer

Firm
S&g Llp
Address
100 FRONT STREET 16TH FLOOR, WORCESTER, MA 01608
Preparer
Carl Goldstein CPA
Phone
5087573311
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

(1) to conduct research and compile data about individual and systematic forms of racism, discrimination, and stereoyping in hockey and disseminate results to the general public to increase understanding and awareness; (2) to organize and implement conferences and workshops for the general public about institutional and individual forms of racism, discrimination, and stereotyping in hockey; (3) to educate about racial prejudice and other forms of discrimination through webinars and podcasts intended for the general public; 4) to organize and implement educational and training programs for hockey coaches and executives on anti-racism and diversity to promote wider understanding of the discrimination members of the bipoc, lgbtq+ and disabled communities face and how to create more opportunities for participation by members of these groups; and (5) to do any act or thing incidental to or connected with the foregoing purposes or in advancement thereof.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0(1) TO CONDUCT RESEARCH AND COMPILE DATA ABOUT INDIVIDUAL AND SYSTEMATIC FORMS OF RACISM, DISCRIMINATION, AND STEREOYPING IN HOCKEY AND DISSEMINATE RESULTS TO THE GENERAL PUBLIC TO INCREASE UNDERSTANDING AND AWARENESS; (2) TO ORGANIZE AND IMPLEMENT CONFERENCES AND WORKSHOPS FOR THE GENERAL PUBLIC ABOUT INSTITUTIONAL AND INDIVIDUAL FORMS OF RACISM, DISCRIMINATION, AND STEREOTYPING IN HOCKEY; (3) TO EDUCATE ABOUT RACIAL PREJUDICE AND OTHER FORMS OF DISCRIMINATION THROUGH WEBINARS AND PODCASTS INTENDED FOR THE GENERAL PUBLIC; 4) TO ORGANIZE AND IMPLEMENT EDUCATIONAL AND TRAINING PROGRAMS FOR HOCKEY COACHES AND EXECUTIVES ON ANTI-RACISM AND DIVERSITY TO PROMOTE WIDER UNDERSTANDING OF THE DISCRIMINATION MEMBERS OF THE BIPOC, LGBTQ+ AND DISABLED COMMUNITIES FACE AND HOW TO CREATE MORE OPPORTUNITIES FOR PARTICIPATION BY MEMBERS OF THESE GROUPS; AND (5) TO DO ANY ACT OR THING INCIDENTAL TO OR CONNECTED WITH THE FOREGOING PURPOSES OR IN ADVANCEMENT THEREOF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IF THE BOARD HAS REASONABLE CAUSE TO BELIEVE A DISQUALIFIED PERSON HAS FAILED TO DISCLOSE A POTENTIAL ORFAILED TO DISCLOSE A POTENTIAL OR ACTUAL: (I) CONFLICT OF INTEREST OF SAID DISQUALIFIED PERSON; (II) DISQUALIFIED PERSON TRANSACTION WITH WHICH SAID DISQUALIFIED PERSON, OR WITH WHICH A PERSON WHO IS A DISQUALIFIED PERSON AS A RESULT OF HIS, HER, OR ITS RELATIONSHIP TO SAID DISQUALIFIED PERSON, MAY BE INVOLVED; AND/OR (III) FINANCIAL INTEREST OF SAID DISQUALIFIED PERSON, THE BOARD SHALL INFORM THE DISQUALIFIED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE DISQUALIFIED PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE DISQUALIFIED PERSON'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCWNSTANCES, THE BOARD DETERMINES THE DISQUALIFIED PERSON HAS FAILED TO MAKE ANY OF THE FOREGOING DISCLOSURES, THE BOARD SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION, WHICH MAY INCLUDE, BUT IS NOT LIMITED TO, REMOVAL OF SAID DISQUALIFIED PERSON FROM THE BOARD AND/OR OTHER POSITION WITH THE CORPORATION OR TERMINATION OF SAID DISQUALIFIED PERSON FROM THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt028403
IRS990/TotalProgramServiceRevenueAmt019209
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt019209
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt031009
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt030403
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt045 TURNING MILL ROAD
IRS990/USAddress/CityNm0LEXINGTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002420
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0CARNEGIEINITIATIVE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRYANT MCBRIDE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06175486529
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CARNEGIE INITIATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0CARN
ReturnHeader/Filer/EIN0861551836
ReturnHeader/Filer/PhoneNum06175486529
ReturnHeader/Filer/USAddress/AddressLine1Txt045 TURNING MILL ROAD
ReturnHeader/Filer/USAddress/CityNm0LEXINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002420
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042701070
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0S&G LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 FRONT STREET 16TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WORCESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001608
ReturnHeader/PreparerPersonGrp/PhoneNum05087573311
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARL GOLDSTEIN CPA
ReturnHeader/ReturnTs02022-11-15T17:19:23-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRYANT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MCBRIDE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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