617 Rocks Foundation

990EZ • Fiscal year 2023 • EIN 88-2023344

Jan 01, 2023 to Dec 31, 2023 • Filed on May 13, 2024

Organization Profile WWW.617ROCKS.ORG

34 Essex StreetAndover, MA 01810

(978) 888-1970

Siviq Scores

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

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

23%

Higher net margin than 76% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

$8,466

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

47%

Faster asset growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

1.3%

Faster revenue growth than 46% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets58th percentile

Assets

$85,564

Up $27,228 (+47%) from 2022

Net Assets

$85,564

Up $27,228 (+47%) from 2022

Liabilities

Flat

Flat from 2022

Revenue And Expenses

Liabilities / Revenue59th percentile Net Margin76th percentile

Revenue

$117,890

Up $1,480 (+1.3%) from 2022

Expenses

$90,662

Up $32,588 (+56%) from 2022

Net Income

Down

$27,228

Down $31,108 (-53%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

Highlighted filing

2023

Assets$85,564

Liabilities$0

Net Assets$85,564

Open 2023 Filing

Operations Trend

Revenue Growth46th percentile

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

Highlighted filing

2023

Revenue$117,890

Expenses$90,662

Net Income$27,228

Open 2023 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2023 to Dec 31, 2023
Signed: May 13, 2024
Return Version: 2023v5.0
Gross Receipts: $117,890

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

Description	Grants	Expenses
THE FOUNDATION SPONSORED A MUSIC FESTIVAL WHICH RAISED FUNDS THAT WERE USED PROVIDE GRANTS TOTALLING $70,000 TO THE SCARS FOUNDATION TO BE USED TO HELP WITH MENTAL HEALTH AWARENESS AND TO THE DANA FARBER CANCER INSTITUTE FOR CANCER RESEARCH	$0	$0

Compensation and Service Providers

Top Officer Pay81st percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
MARYROSE MAZZOLA	Executive Director	-	$8,466	-	$8,466
BARRY R FINEGOLD	President	-	$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: 2024-05-13
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: 03/10/23. Amount Given: 25000.”

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

“Activity Classification: CANCER RESEARCH. Grantee Name: DANA FARBER CANCER INSTITUTE. Grantee Address: 450 BROOKLINE AVE BOSTON, MA 02215. Date of Gift: 11/15/23. Amount Given: 45000. Total included on Form 990-EZ, line 10: 70000.”

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

“Description: FOOD AND BEVERAGE. Amount: 4486. Description: ADVERTISING. Amount: 2677. Description: VIP EVENT. Amount: 1412. Description: THANK YOU GIFTS. Amount: 318. Description: MISCELLANEOUS. Amount: 308. Description: MASS FORM PC FILING FEE. Amount: 70. Total to Form 990-EZ, line 16: 9271.”

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/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/PersonNm	0	MARYROSE MAZZOLA
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	9788881970
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	34 ESSEX STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	ANDOVER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	01810
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	58336
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	85564
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	117890
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	27228
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	2925
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	58336
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	85564
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	70000
IRS990EZ/GrossReceiptsAmt	0	117890
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	58336
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	85564
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	58336
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	85564
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	0.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	0.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	8466
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	BARRY R FINEGOLD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	MARYROSE MAZZOLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	9271
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE FOUNDATION SPONSORED A MUSIC FESTIVAL WHICH RAISED FUNDS THAT WERE USED PROVIDE GRANTS TOTALLING $70,000 TO THE SCARS FOUNDATION TO BE USED TO HELP WITH MENTAL HEALTH AWARENESS AND TO THE DANA FARBER CANCER INSTITUTE FOR CANCER RESEARCH
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	8466
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	MA
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	90662
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	117890
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WWW.617ROCKS.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	117890
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	116410
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	234300
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal170Amt	0	234300
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	117890
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	116410
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	234300
IRS990ScheduleA/TotalSupportAmt	0	234300
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	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: 03/10/23. Amount Given: 25000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Activity Classification: CANCER RESEARCH. Grantee Name: DANA FARBER CANCER INSTITUTE. Grantee Address: 450 BROOKLINE AVE BOSTON, MA 02215. Date of Gift: 11/15/23. Amount Given: 45000. Total included on Form 990-EZ, line 10: 70000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Description: FOOD AND BEVERAGE. Amount: 4486. Description: ADVERTISING. Amount: 2677. Description: VIP EVENT. Amount: 1412. Description: THANK YOU GIFTS. Amount: 318. Description: MISCELLANEOUS. Amount: 308. Description: MASS FORM PC FILING FEE. Amount: 70. Total to Form 990-EZ, line 16: 9271.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Form 990-EZ, Part I, Line 16 - Other Expenses
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	The 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/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	2
ReturnHeader/BuildTS	0	2023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	BARRY FINEGOLD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	9784708400
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2024-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	617 ROCKS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt	0	617R
ReturnHeader/Filer/EIN	0	882023344
ReturnHeader/Filer/PhoneNum	0	9788881970
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	34 ESSEX STREET
ReturnHeader/Filer/USAddress/CityNm	0	ANDOVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MA
ReturnHeader/Filer/USAddress/ZIPCd	0	01810
ReturnHeader/IRSResponsiblePrtyInfoCurrInd	0	0
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	042976995
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	CARL B BINDMAN CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	18 RAILROAD STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	ANDOVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	01810
ReturnHeader/PreparerPersonGrp/PhoneNum	0	9784702027
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2024-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Carl B Bindman
ReturnHeader/ReturnTs	0	2024-05-14T08:51:09-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	BARRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	FINEGOLD
ReturnHeader/TaxPeriodBeginDt	0	2023-01-01
ReturnHeader/TaxPeriodEndDt	0	2023-12-31
ReturnHeader/TaxYr	0	2023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $85,564
Liabilities: $0
Net assets: $85,564
Revenue: $117,890
Expenses: $90,662
Net income: $27,228

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.37	$0.00	$0.37	$1.30	$1.78	$0.49
2023Detailed filing. Detailed filing data is available for this year.	$0.86	$0.00	$0.86	$1.18	$0.91	$0.27
2022Detailed filing. Detailed filing data is available for this year.	$0.58	$0.00	$0.58	$1.16	$0.58	$0.58