Civic Intelligence

The Commons Foundation

EIN 99-0862874 • 501(c)3 • Little Compton, RI

Profile

The commons foundation provides educational programs and funds to help significantly increase the stock of community housing in little compton, rhode island, focusing on home ownership for the working middle income, seniors, local workforce, and provide community education in the financial implications of home ownership.

PO Box 152Little Compton, RI 02837

www.commonsfoundationlc.org

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

98th percentile

96%

Higher net margin than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

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

Source year 2024

Revenue Growth

Score unavailable

No value available

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

Source year 2024

Assets

$1,415,105

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$1,415,105

No earlier filing loaded for comparison.

Revenue

$1,478,653

No earlier filing loaded for comparison.

Expenses

$61,311

No earlier filing loaded for comparison.

Net Income

$1,417,342

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2024: $1,415,105Liabilities 2024: $0Net Assets 2024: $1,415,1052024

Highlighted filing

2024

Assets$1,415,105
Liabilities$0
Net Assets$1,415,105

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2024: $1,478,653Expenses 2024: $61,311Net Income 2024: $1,417,3422024

Highlighted filing

2024

Revenue$1,478,653
Expenses$61,311
Net Income$1,417,342

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$1.48$0.06$1.42
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 22, 2024 to Dec 31, 2024
Signed
Oct 13, 2025
Return Version
2024v5.0
Gross Receipts
$1,478,653
Mission and Program Overview

Mission

The commons foundation provides educational programs and funds to help significantly increase the stock of community housing in little compton, rhode island, focusing on home ownership for the working middle income, seniors, local workforce, and provide community education in the financial implications of home ownership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$918,889-
Cash and Non-Interest-Bearing Accounts-$303,999-
Investments in Publicly Traded Securities-$192,217-
Total Assets$0$1,415,105▲ $1,415,105
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$918,889-
Net Assets Without Donor Restrictions-$496,216-
Total Net Assets Fund Balance$0$1,415,105▲ $1,415,105
Total Liabilities and Net Assets / Fund Balance$0$1,415,105▲ $1,415,105
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joseph AzrackChairman
James LockPresident
Deborah WileyDirector
Mark ReichenDirector
Peter AldrichDirector
Nathanial HoweSecretary
Susan TaylorTreasurer
Amy MooneyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,478,653
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,478,653
Change in Net Assets
$1,417,342

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$194,454Safekeeping Fair Market Value (FMV)
Total Noncash Contributions4$194,454-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,478,653
Revenue Not Reported on Form 990
$-2,237
Total Revenue per Audited Statements
$1,476,416
Total Revenue per Form 990
$1,478,653
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$61,311
Total Fundraising Expense$846
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$36,342--$36,342
Fees for Services Other$22,642--$22,642
Office Expenses-$27-$27
Other Expenses-$9$6$15
Total Functional Expenses$58,984$1,481$846$61,311

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$61,311
Total Expenses per Audited Statements$61,311
Total Expenses per Form 990$61,311
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
Audit committee
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 10B

RHODE ISLAND

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

The board of directors reviews and approves the 990 before it is signed and filed.

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

Directors on the board are required to dislcose any conflicts and sign a conflict of interest policy each year.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Commons Foundation
EIN
99-0862874
Phone
4012258286
Address
PO BOX 152, LITTLE COMPTON, RI 02837

Signing Officer

Name
Susan Taylor
Title
Treasurer
Signed
2025-10-13

Organization Details

Principal Officer
Susan Taylor
Formed
2024
Legal Domicile
Ri
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
10

Preparer

Firm
Mystic Accounting Group Llp
Address
PO BOX 397, MYSTIC, CT 06355
Preparer
Nanette a Bancroft CPA
Phone
8605361040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The commons foundation provides educational programs and funds to help significantly increase the stock of community housing in little compton, rhode island, focusing on home ownership for the working middle income, seniors, local workforce, and provide community education in the financial implications of home ownership.

Form 990, Part IX, Line 11G

Community education 11,570 0 0 professional fees 7,941 0 0 outside services 3,131 0 0 total 22,642 0 0

Financial Statement Notes

Schedule D, Page 3, Part X

The organization did not recognize any liability for uncertain tax positions as defined by accounting principles generally accepted in the united states of america.

Raw XML Appendix321 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE COMMONS FOUNDATION PROVIDES EDUCATIONAL PROGRAMS AND FUNDS TO HELP SIGNIFICANTLY INCREASE THE STOCK OF COMMUNITY HOUSING IN LITTLE COMPTON, RHODE ISLAND, FOCUSING ON HOME OWNERSHIP FOR THE WORKING MIDDLE INCOME, SENIORS, LOCAL WORKFORCE, AND PROVIDE COMMUNITY EDUCATION IN THE FINANCIAL IMPLICATIONS OF HOME OWNERSHIP.
IRS990/AllOtherContributionsAmt01478653
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0SUSAN TAYLOR
IRS990/BooksInCareOfDetail/PhoneNum04012258286
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05010 HARMONY CIRCLE
IRS990/BooksInCareOfDetail/USAddress/CityNm0VERO BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd032967
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt0303999
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01478653
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt061311
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01417342
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt061311
IRS990/CYTotalFundraisingExpenseAmt0846
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01478653
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PROVIDING EDUCATIONAL PROGRAMS AND FUNDS TO HELP SIGNIFICANTLY INCREASE THE STOCK OF COMMUNITY HOUSING IN LITTLE COMPTON, RHODE ISLAND, FOCUSING ON HOME OWNERSHIP FOR THE WORKING MIDDLE INCOME, SENIORS, LOCAL WORKFORCE, AND PROVIDE COMMUNITY EDUCATION IN THE FINANCIAL IMPLICATIONS OF HOME OWNERSHIP.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0918889
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt058984
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt036342
IRS990/FeesForServicesLegalGrp/TotalAmt036342
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt022642
IRS990/FeesForServicesOtherGrp/TotalAmt022642
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt320.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0PETER ALDRICH
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSEPH AZRACK
IRS990/Form990PartVIISectionAGrp/PersonNm2NATHANIAL HOWE
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES LOCK
IRS990/Form990PartVIISectionAGrp/PersonNm4AMY MOONEY
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK REICHEN
IRS990/Form990PartVIISectionAGrp/PersonNm6SUSAN TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm7DEBORAH WILEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02024
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01478653
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InitialReturnInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0192217
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE COMMONS FOUNDATION PROVIDES EDUCATIONAL PROGRAMS AND FUNDS TO HELP SIGNIFICANTLY INCREASE THE STOCK OF COMMUNITY HOUSING IN LITTLE COMPTON, RHODE ISLAND, FOCUSING ON HOME OWNERSHIP FOR THE WORKING MIDDLE INCOME, SENIORS, LOCAL WORKFORCE, AND PROVIDE COMMUNITY EDUCATION IN THE FINANCIAL IMPLICATIONS OF HOME OWNERSHIP.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesEOYAmt01415105
IRS990/NetUnrlzdGainsLossesInvstAmt0-2237
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0496216
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0194454
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt027
IRS990/OfficeExpensesGrp/TotalAmt027
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0MEETING EXPENSES
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2BANK SERVICE CHARGES
IRS990/OtherExpensesGrp/FundraisingAmt0840
IRS990/OtherExpensesGrp/FundraisingAmt16
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01370
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt175
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29
IRS990/OtherExpensesGrp/TotalAmt02210
IRS990/OtherExpensesGrp/TotalAmt175
IRS990/OtherExpensesGrp/TotalAmt215
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0918889
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SUSAN TAYLOR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/ReconcilationRevenueExpnssAmt01417342
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01478653
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01478653
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01478653
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0484622
IRS990ScheduleA/SubstantialContributorsTotAmt0994031
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01478653
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01478653
IRS990ScheduleA/TotalSupportAmt01478653
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt061311
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-2237
IRS990ScheduleD/RevenueNotReportedAmt0-2237
IRS990ScheduleD/RevenueSubtotalAmt01478653
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DID NOT RECOGNIZE ANY LIABILITY FOR UNCERTAIN TAX POSITIONS AS DEFINED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalExpensesPerForm990Amt061311
IRS990ScheduleD/TotalRevenuePerForm990Amt01478653
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01476416
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt061311
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt04
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0SAFEKEEPING FMV
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0194454
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COMMONS FOUNDATION PROVIDES EDUCATIONAL PROGRAMS AND FUNDS TO HELP SIGNIFICANTLY INCREASE THE STOCK OF COMMUNITY HOUSING IN LITTLE COMPTON, RHODE ISLAND, FOCUSING ON HOME OWNERSHIP FOR THE WORKING MIDDLE INCOME, SENIORS, LOCAL WORKFORCE, AND PROVIDE COMMUNITY EDUCATION IN THE FINANCIAL IMPLICATIONS OF HOME OWNERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RHODE ISLAND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE 990 BEFORE IT IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DIRECTORS ON THE BOARD ARE REQUIRED TO DISLCOSE ANY CONFLICTS AND SIGN A CONFLICT OF INTEREST POLICY EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMMUNITY EDUCATION 11,570 0 0 PROFESSIONAL FEES 7,941 0 0 OUTSIDE SERVICES 3,131 0 0 TOTAL 22,642 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 10B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0RI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt01415105
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt01415105
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01478653
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0846
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01481
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt058984
IRS990/TotalFunctionalExpensesGrp/TotalAmt061311
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01415105
IRS990/TotalProgramServiceExpensesAmt058984
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01478653
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01415105
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05010 HARMONY CIRCLE
IRS990/USAddress/CityNm0VERO BEACH
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032967
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0HTTPS://WWW.COMMONSFOUNDATIONLC.ORG/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN TAYLOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE COMMONS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0990862874
ReturnHeader/Filer/PhoneNum04012258286
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 152
ReturnHeader/Filer/USAddress/CityNm0LITTLE COMPTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002837
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472604526
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MYSTIC ACCOUNTING GROUP LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 397
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MYSTIC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006355
ReturnHeader/PreparerPersonGrp/PhoneNum08605361040
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NANETTE A BANCROFT CPA
ReturnHeader/ReturnTs02025-10-14T11:58:54-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-22
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.