2023-11-04T13:18:00-04:00 2022-12-31 463169148 DAVISKELLY LLP 42 MILL ROAD WILMINGTON MA 01887 990 2022-01-01 263011769 INTERISE INC INTE 6173506300 800 BOYLSTON STREET 16TH FLOOR BOSTON MA 02199 DARRELL BYERS CEO 6173506300 2023-11-02 true DARRELL BYERS 999009999 false RANDALL S DAVIS P10427372 9787648966 2023-11-04 2022 2023-04-26 12:10:37Z DARRELL BYERS 800 BOYLSTON STREET 16TH FLOOR BOSTON MA 02199 1953205 false X WWW.INTERISE.ORG X 2007 MA TO STIMULATE ECONOMIC REVITALIZATION IN LOWER INCOME COMMUNITIES. 8 7 25 0 4320599 427103 617574 1525836 230 266 3667 0 4942070 1953205 0 0 2043179 1675437 0 169858 1513356 1015462 3556535 2690899 1385535 -737694 1805112 2414777 777776 2034726 1027336 380051 TO STIMULATE ECONOMIC REVITALIZATION IN LOWER INCOME COMMUNITIES. false false 820341 862369 INTERISE BUILDS RESILIENT COMMUNITIES. OUR STREETWISE MBA PROVIDES ESTABLISHED SMALL BUSINESS OWNERS IN LOWER INCOME COMMUNITIES WITH THE MANAGEMENT KNOWLEDGE, BUSINESS KNOW-HOW, AND ACCESS TO THE NETWORKS NEEDED FOR FURTHER GROWTH. AS THEIR BUSINESSES GROW, THEY GENERATE NET NEW JOB GROWTH AND DEVELOP INTO COMMUNITY LEADERS. 558327 663467 IN ORDER TO SCALE INTERISES MISSION NATIONALLY, INTERISE HAS SINCE 2010 LICENSED THE USE OF ITS EDUCATIONAL PROGRAMS TO A NETWORK OF PARTNERS. LICENSING ALLOWS INTERISE TO SCALE RAPIDLY, WHILE ENSURING CONTINUING QUALITY AND IMPACT. 1378668 true true false false false false false false false false false false false false false false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 63 0 25 true false false false false false false false false false false false false false false X 8 7 false false false false false false false true true false false true true true true true true true true false MA X THE ORGANIZATION 6173506300 800 BOYLSTON STREET 16TH FLOOR BOSTON MA 02199 DARRELL BYERS CEO 40.00 X 191292 0 35740 DEIDRE COYLE DEVELOPMENT 40.00 X 171153 0 22362 BERNARD JOHNSON PROGRAM DIRE 40.00 X 148976 0 21616 ARTHUR BERNARD DIRECTOR 1.00 X 0 0 0 WALLACE BRYANT TREASURER 1.00 X X 0 0 0 TYRONE FOSTER DIRECTOR 1.00 X 0 0 0 JAMES HACKNEY DIRECTOR 1.00 X 0 0 0 ALVARO LIMA SECRETARY/CL 1.00 X X 0 0 0 ELLEN THRASHER DIRECTOR 1.00 X 0 0 0 TRACEY WILEY BOARD PRESID 1.00 X X 0 0 0 511421 79718 3 false true false CLIFTON LARSON ALLEN LLP INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 ACCOUNTING 107083 1 50000 377103 427103 LICENSES 511190 1525836 1525836 1525836 266 266 1953205 1525836 266 X 217033 32555 173626 10852 1197654 689858 434124 73672 24127 12546 10133 1448 118356 74769 36128 7459 118267 61499 49672 7096 2128 2128 129621 129621 564038 379766 129305 54967 27142 9829 15311 2002 116065 36121 69373 10571 46997 12612 33221 1164 19390 786 18312 292 15582 15582 4374 4374 SUPPLIES 76012 64643 11034 335 MISCELLANEOUS 14113 3684 10429 2690899 1378668 1142373 169858 909050 1468721 252608 253330 616149 621708 33220 21746 43357 1805112 2414777 336802 216525 172000 1063437 268974 754764 777776 2034726 X -382533 205750 1409869 174301 1027336 380051 1805112 2414777 -737694 90409 X false true X true false X 3152217 4116741 2564079 4320599 427103 14580739 3152217 4116741 2564079 4320599 427103 14580739 2130249 12450490 9363 14975 2885 230 266 27719 3667 3667 14612125 3295521 0.85210 0.88500 X PART II, LINE 10 MISCELLANEOUS 3,667 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1953205 1953205 1953205 2690899 2690899 2690899 X false false false false false false false false false DARRELL BYERS CEO 191292 35740 227032 DEIDRE COYLE DEVELOPMENT DIRECTOR 171153 22362 193515 BERNARD JOHNSON PROGRAM DIRECTOR 148976 21616 170592 FORM 990, PAGE 6, PART VI, LINE 11B THE CEO DISTRIBUTES DRAFT COPIES OF THE FORM 990 FOR REVIEW AND APPROVAL. FORM 990, PAGE 6, PART VI, LINE 12C AT THE ANNUAL MEETING THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE BOARD MEMBERS AND THE MEMBERS SIGN A COPY OF THE POLICY TO ACKNOWLEDGE THEY HAVE READ AND WILL ADHERE TO IT. ANY TRANSACTION INVOLVING A BOARD MEMBERS OR AN ORGANIZATION OWNED OR CONTROLLED BY A BOARD MEMBER IS TO BE APPROVED BY THE BOARD OF DIRECTORS IN ADVANCE FORM 990, PAGE 6, PART VI, LINE 15A A COMPENSATION COMMITTEE OF THE BOARD NEGOTIATED THE CEOS CONTRACT. THE CEO ASSEMBLED COMPENSATION COMPARABILITY DATA FOR THE BOARD AND THERE IS A RECORD OF THE DELIBERATION PROCESS. THE BOARD VOTED ON THE FINAL SALARY AND CONTRACT. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION COMMITTEE AND CEO FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATIONS ADMINISTRATIVE OFFICE. NO REQUESTS WERE MADE DURING THE YEAR. FORM 990, PART IX, LINE 11G INSRUCTION CONSULTANTS 314,948 0 0 MARKETING & RESEARCH 64,818 0 0 CONSULTANTS 0 129,305 54,967 TOTAL 379,766 129,305 54,967 DEAR SIR/MADAM: INTERISE RESPECTFULLY REQUESTS THAT THE IRS NOT ASSESS LATE FILING PENALTIES FOR OUR 2022 FORM 990 DUE TO A REASONABLE CAUSE. INTERISE IS FILING ITS FORM 990 FOR 2022 LATE DUE TO SIGNIFICANT TURNOVER IN THE ACCOUNTING DEPARTMENT. UPON ARRIVAL AT INTERISE AS THE DIRECTOR OF FINANCE AND ADMINISTRATION IN MID-2022 (AFTER THE DEPARTURE OF THE PRIOR DIRECTOR IN 2020), TWO OUTSTANDING AUDITS IMPACTED OUR ABILITY TO RAISE FUNDS TO CARRY OUT OUR MISSION. THE FIRST PRIORITY WAS ASSESSING THE IN- PLACE SYSTEMS AND CORRECTING OR MITIGATING OUTSTANDING ITEMS. WHILE IN THIS PROCESS, THE ONLY ACCOUNTING STAFF MEMBER ABRUPTLY RESIGNED WITH NO ADVANCE NOTICE. THEREFORE, A NEW STAFF MEMBER HAD TO BE ACQUIRED, WHICH WAS ACCOMPLISHED IN LATE 2022. THE NEXT TASK WAS GATHERING SUFFICIENT INFORMATION TO COMPLETE THE 2020 AUDIT AND THEN THE 2021 AUDIT WHILE REORGANIZING AND IMPROVING THE ACCOUNTING FUNCTION AT INTERISE. WHILE COMPLETING THE ABOVE TASKS, WE MISSED FILING AN EXTENSION REQUEST F