Civic Intelligence

Foundry Foundation Inc.

990EZ • Fiscal year 2021 • EIN 86-2492012

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 01, 2024

179 Conant RdWeston, MA 02493

(617) 633-2046

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

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

Liabilities / Revenue

56th percentile

0.00x

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

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

Net Margin

92nd percentile

67%

Higher net margin than 92% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 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

$15,403

No earlier filing loaded for comparison.

Net Assets

$15,403

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$23,083

No earlier filing loaded for comparison.

Expenses

$7,680

No earlier filing loaded for comparison.

Net Income

$15,403

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2021: $15,403Liabilities 2021: $0Net Assets 2021: $15,4032021Assets 2024: $19,525Liabilities 2024: $0Net Assets 2024: $19,5252024

Highlighted filing

2021

Assets$15,403
Liabilities$0
Net Assets$15,403

Operations Trend

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

$30K$20K$10K$0Revenue 2021: $23,083Expenses 2021: $7,680Net Income 2021: $15,4032021Revenue 2024: $11,510Expenses 2024: $8,825Net Income 2024: $2,6852024

Highlighted filing

2021

Revenue$23,083
Expenses$7,680
Net Income$15,403
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 1, 2024
Return Version
2021v4.2
Gross Receipts
$23,083
Mission and Program Overview

Mission

Foudnry foundation is a non-profit that helps provide educational scholarships to procurement foundry members and their families. We are deeply commited to our values of integrity, compassion, professionalism, and assiting others with new opprotunities.

Program Services

DescriptionGrantsExpenses
TO ASSIST IN HELPING OTHERS GAIN THE ABILITY TO HAVE NEW OPPROTUNITIES THROUGH EDUCATIONAL SCHOLARSHIPS.$23,083$7,680
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
YASHAR KAFIPresident / Director-$0--
STEVEN CADIEUXVice President / Director-$0--
Filing and Contact Details

Filer

Filer Name
Foundry Foundation Inc
EIN
86-2492012
Phone
6176332046
Address
179 CONANT RD, WESTON, MA 02493

Signing Officer

Name
Yashar Kafi
Title
President / Director
Phone
6176332046
Signed
2024-04-01
Discuss with paid preparer
Yes

Preparer

Firm
Lmhs Pc
Address
80 WASHINGTON STREET BUILDING S, NORWELL, MA 02061
Preparer
Charles R Gubitose CPA
Phone
7818789111
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank charges . Amount: 180. Description: scholarship award. Amount: 7,500. Total to form 990-ez, line 16: 7,680.

Raw XML Appendix127 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0YASHAR KAFI
IRS990EZ/BooksInCareOfDetail/PhoneNum06176332046
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0179 CONANT RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WESTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002493
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015403
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt023083
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt015403
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt015403
IRS990EZ/GrossReceiptsAmt023083
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt015403
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt015403
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0YASHAR KAFI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STEVEN CADIEUX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT / DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT / DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt07680
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0FOUDNRY FOUNDATION IS A NON-PROFIT THAT HELPS PROVIDE EDUCATIONAL SCHOLARSHIPS TO PROCUREMENT FOUNDRY MEMBERS AND THEIR FAMILIES. WE ARE DEEPLY COMMITED TO OUR VALUES OF INTEGRITY, COMPASSION, PROFESSIONALISM, AND ASSITING OTHERS WITH NEW OPPROTUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO ASSIST IN HELPING OTHERS GAIN THE ABILITY TO HAVE NEW OPPROTUNITIES THROUGH EDUCATIONAL SCHOLARSHIPS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt023083
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07680
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt07680
IRS990EZ/TotalProgramServiceExpensesAmt07680
IRS990EZ/TotalRevenueAmt023083
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt023083
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt023083
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt023083
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt023083
IRS990ScheduleA/Total509Grp/TotalAmt023083
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt023083
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt023083
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK CHARGES . AMOUNT: 180. DESCRIPTION: SCHOLARSHIP AWARD. AMOUNT: 7,500. TOTAL TO FORM 990-EZ, LINE 16: 7,680.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0YASHAR KAFI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT / DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06176332046
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDRY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0862492012
ReturnHeader/Filer/PhoneNum06176332046
ReturnHeader/Filer/USAddress/AddressLine1Txt0179 CONANT RD
ReturnHeader/Filer/USAddress/CityNm0WESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002493
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042971374
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LMHS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt080 WASHINGTON STREET BUILDING S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORWELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002061
ReturnHeader/PreparerPersonGrp/PhoneNum07818789111
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES R GUBITOSE CPA
ReturnHeader/ReturnTs02024-04-01T13:54:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0YASHAR
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KAFI
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings