Civic Intelligence

617 Rocks Foundation

990EZ • Fiscal year 2022 • EIN 88-2023344

Apr 28, 2022 to Dec 31, 2022 • Filed on Mar 03, 2023

34 Essex StreetAndover, MA 01810

(978) 888-1970

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

89th percentile

50%

Higher net margin than 89% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

79th percentile

$1,458

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Assets

$58,336

No earlier filing loaded for comparison.

Net Assets

$58,336

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$116,410

No earlier filing loaded for comparison.

Expenses

$58,074

No earlier filing loaded for comparison.

Net Income

$58,336

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.

$100K$50K$0Assets 2022: $58,336Liabilities 2022: $0Net Assets 2022: $58,3362022Assets 2023: $85,564Liabilities 2023: $0Net Assets 2023: $85,5642023Assets 2024: $36,964Liabilities 2024: $0Net Assets 2024: $36,9642024

Highlighted filing

2022

Assets$58,336
Liabilities$0
Net Assets$58,336

Operations Trend

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

$200K$100K$0-$100KRevenue 2022: $116,410Expenses 2022: $58,074Net Income 2022: $58,3362022Revenue 2023: $117,890Expenses 2023: $90,662Net Income 2023: $27,2282023Revenue 2024: $129,760Expenses 2024: $178,360Net Income 2024: -$48,6002024

Highlighted filing

2022

Revenue$116,410
Expenses$58,074
Net Income$58,336
Jump To
Filing Snapshot
Filing Period
Apr 28, 2022 to Dec 31, 2022
Signed
Mar 3, 2023
Return Version
2022v4.1
Gross Receipts
$116,410
Mission and Program Overview

Mission

The mission of the 617 rocks foundation is to harness the community-creating power of live music to raise funds in support of worthy causes-cancer research and treatment and mental health awareness.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION SPONSORED A MUSIC FESTIVAL WHICH RAISED FUNDS THAT WERE USED PROVIDE GRANTS TOTALLING $45,000 TO THE SCARS FOUNDATION TO BE USED TO HELP WITH MENTAL HEALTH AWARENESS$45,000$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARYROSE MAZZOLAExecutive Director-$1,458-$1,458
BARRY R FINEGOLDPresident-$0--
Filing and Contact Details

Filer

Filer Name
617 Rocks Foundation Inc
EIN
88-2023344
Phone
9788881970
Address
34 ESSEX STREET, ANDOVER, MA 01810

Signing Officer

Name
Barry Finegold
Title
President
Phone
9784708400
Signed
2023-03-03
Discuss with paid preparer
Yes

Preparer

Firm
Carl B Bindman CPA Pc
Address
18 RAILROAD STREET, ANDOVER, MA 01810
Preparer
Carl B Bindman
Phone
9784702027
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: MENTAL HEALTH AND SUICIDE PREVENTION. Grantee Name: THE SCARS FOUNDATION. Grantee Address: 209 BEVERLY DRIVE #338 BEVERLY HILLS, CA 90212. Date of Gift: 09/27/22. Amount Given: 30000.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: MENTAL HEALTH AND SUICIDE PREVENTION. Grantee Name: THE SCARS FOUNDATION. Grantee Address: 209 BEVERLY DRIVE #338 BEVERLY HILLS, CA 90212. Date of Gift: 10/13/22. Amount Given: 15000. Total included on Form 990-EZ, line 10: 45000.

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

Description: FOOD AND BEVERAGE. Amount: 5891. Description: ADVERTISING. Amount: 3060. Description: ARTIST COSTS. Amount: 1421. Description: THANK YOU GIFTS. Amount: 949. Description: MISCELLANEOUS. Amount: 173. Total to Form 990-EZ, line 16: 11494.

Raw XML Appendix138 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/PersonNm0MARYROSE MAZZOLA
IRS990EZ/BooksInCareOfDetail/PhoneNum09788881970
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt034 ESSEX STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ANDOVER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001810
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt058336
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0116410
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt058336
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0122
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt058336
IRS990EZ/GrantsAndSimilarAmountsPaidAmt045000
IRS990EZ/GrossReceiptsAmt0116410
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt058336
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt058336
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt11458
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BARRY R FINEGOLD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARYROSE MAZZOLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt011494
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE 617 ROCKS FOUNDATION IS TO HARNESS THE COMMUNITY-CREATING POWER OF LIVE MUSIC TO RAISE FUNDS IN SUPPORT OF WORTHY CAUSES-CANCER RESEARCH AND TREATMENT AND MENTAL HEALTH AWARENESS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION SPONSORED A MUSIC FESTIVAL WHICH RAISED FUNDS THAT WERE USED PROVIDE GRANTS TOTALLING $45,000 TO THE SCARS FOUNDATION TO BE USED TO HELP WITH MENTAL HEALTH AWARENESS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt045000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt01458
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/TotalExpensesAmt058074
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0116410
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.617ROCKS.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FOUNDATION WAS FORMED ON APRIL 28, 2022 AND WAS A SHORT YEAR FOR ITS ONLY YEAR OF EXISTENCE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A PART VI LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0116410
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0116410
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0116410
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0116410
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0116410
IRS990ScheduleA/TotalSupportAmt0116410
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Classification: MENTAL HEALTH AND SUICIDE PREVENTION. Grantee Name: THE SCARS FOUNDATION. Grantee Address: 209 BEVERLY DRIVE #338 BEVERLY HILLS, CA 90212. Date of Gift: 09/27/22. Amount Given: 30000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Classification: MENTAL HEALTH AND SUICIDE PREVENTION. Grantee Name: THE SCARS FOUNDATION. Grantee Address: 209 BEVERLY DRIVE #338 BEVERLY HILLS, CA 90212. Date of Gift: 10/13/22. Amount Given: 15000. Total included on Form 990-EZ, line 10: 45000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: FOOD AND BEVERAGE. Amount: 5891. Description: ADVERTISING. Amount: 3060. Description: ARTIST COSTS. Amount: 1421. Description: THANK YOU GIFTS. Amount: 949. Description: MISCELLANEOUS. Amount: 173. Total to Form 990-EZ, line 16: 11494.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 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/PersonNm0BARRY FINEGOLD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09784708400
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0617 ROCKS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0617R
ReturnHeader/Filer/EIN0882023344
ReturnHeader/Filer/PhoneNum09788881970
ReturnHeader/Filer/USAddress/AddressLine1Txt034 ESSEX STREET
ReturnHeader/Filer/USAddress/CityNm0ANDOVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001810
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042976995
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARL B BINDMAN CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt018 RAILROAD STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ANDOVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001810
ReturnHeader/PreparerPersonGrp/PhoneNum09784702027
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Carl B Bindman
ReturnHeader/ReturnTs02023-03-06T13:34:42-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BARRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FINEGOLD
ReturnHeader/TaxPeriodBeginDt02022-04-28
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings