LAWRENCE FAMILY DEVELOPMENT INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- LAWRENCE FAMILY DEVELOPMENT INC (EIN 04-3177142)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2023-11-29
- IRS object ID
- 202303339349300610
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-29T09:45:12-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042917204 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANSTISS & CO PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 OMNI WAY STE 201 | AddressLine1Txt |
| City | CHELMSFORD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 018244187 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043177142 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAWRENCE FAMILY DEVELOPMENT INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAWR | BusinessNameControlTxt |
| Phone | 9782248808 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 355 HAVERHILL STREET | AddressLine1Txt |
| City | LAWRENCE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01840 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN HOUSIANITIS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9782248808 | PhoneNum |
| Signature | 2023-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOHN | PersonFirstNm |
| Person Last | HOUSIANITIS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAYNE A ANDREWS | PreparerPersonNm |
| PTIN | P00514653 | PTIN |
| Phone | 9784522500 | PhoneNum |
| Preparation | 2023-11-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAWRENCE PROSPERA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN HOUSIANITIS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 355 HAVERHILL STREET | AddressLine1Txt |
| City | LAWRENCE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01840 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $7,169,213 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LAWRENCEPROSPERA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1992 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | LAWRENCE PROSPERA IS COMMITTED TO STRENGTHENING THE INDIVIDUALS AND FAMILIES OF LAWRENCE THROUGH THE DEVELOPMENT OF THRIVING COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 74 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,918,612 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,376,543 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,145,426 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,562,082 | CYProgramServiceRevenueAmt |
| PY Investment Income | $63,169 | PYInvestmentIncomeAmt |
| CY Investment Income | $25,633 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,619,663 | PYOtherRevenueAmt |
| CY Other Revenue | $1,713,727 | CYOtherRevenueAmt |
| PY Total Revenue | $5,746,870 | PYTotalRevenueAmt |
| CY Total Revenue | $6,677,985 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $155,091 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $161,698 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,870,533 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,375,727 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $9,618 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,759,513 | PYOtherExpensesAmt |
| CY Other Expenses | $3,516,141 | CYOtherExpensesAmt |
| PY Total Expenses | $5,785,137 | PYTotalExpensesAmt |
| CY Total Expenses | $7,053,566 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$38,267 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$375,581 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $8,889,416 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,174,586 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,066,462 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,740,507 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,822,954 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,434,079 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO STRENGTHEN INDIVIDUALS AND FAMILIES OF LAWRENCE, MA THROUGH THE DEVELOPMENT OF THRIVING NEIGHBORHOODS BY PROVIDING OPPORTUNITY YOUTH LIFE SKILLS AND CAREER TRAINING, ADULT EDUCATION SERVICES, LEASED SPACE AND BUSINESS MANAGEMENT FOR A PUBLIC CHARTER SCHOOL AND TURNAROUND PROVIDER FOR UNDERPERFORMING SCHOOL DISTRICTS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $320,831 | ExpenseAmt |
| Revenue | $1,521,190 | RevenueAmt |
| Desc | ADULT PROGRAMMING ADDRESSES A WIDE RANGE OF ISSUES IMPORTANT TO FAMILIES IN THE CITY OF LAWRENCE WITH CLASSES AND SERVICES FOCUSED ON CITIZENSHIP EDUCATION, ENGLISH AS A SECOND LANGUAGE (ESL), MINORITY LEADERSHIP, SUSTAINING ECONOMIC DEVELOPMENT OPPORTUNITIES AND FINANCIAL LITERACY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,203,389 | ExpenseAmt |
| Revenue | $1,040,892 | RevenueAmt |
| Desc | SISU YOUTH PROGRAMMING DEVELOPS THE EDUCATIONAL AND LEADERSHIP POTENTIAL OF INNER CITY YOUTH AND YOUNG ADULTS IN LAWRENCE TO IMPROVE THEIR LIVES AND COMMUNITY THROUGH SERVICE AND SUSTAINING ECONOMIC DEVELOPMENT OPPORTUNITIES. YOUTH ADVOCACY TO FOSTER LIFELONG LEARNING AND CAREER DEVELOPMENT. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,123,166 | ExpenseAmt |
| Grant | $161,698 | GrantAmt |
| Revenue | $1,713,727 | RevenueAmt |
| Desc | THE CORPORATION IS A CONTRACTED MANAGEMENT ORGANIZATION FOR AN INDEPENDENT PUBLIC CHARTER SCHOOL AND A PREFERRED PROVIDER AS TURNAROUND OPERATOR FOR UNDERPERFORMING PUBLIC SCHOOL DISTRICTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $5,647,386 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (true) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 79 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 74 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THE ORGANIZATION | PersonNm |
| Phone | 9782248808 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 355 HAVERHILL STREET | AddressLine1Txt |
| City | LAWRENCE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01840 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| JOHN HOUSIANITIS | ||||||||
| PRESIDENT | 0.25 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| HENRY VARGAS | ||||||||
| TREASURER | 0.25 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| NAZARIO ESQUEA | ||||||||
| CLERK | 0.25 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CARLOS CEDANOS | ||||||||
| DIRECTOR | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSE JAVIER | ||||||||
| DIRECTOR | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DAN MATLACK | ||||||||
| DIRECTOR | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HECTOR SANTIAGO | ||||||||
| DIRECTOR | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| FRANK MORAN JR | ||||||||
| DIRECTOR | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARTA RENTAS | ||||||||
| DIRECTOR | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROSANNA ZINGALES-LOPEZ | ||||||||
| DIRECTOR | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EDISON MERCEDES | ||||||||
| DIRECTOR | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GABRIELA TAVERAS | ||||||||
| DIRECTOR | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN MCELROY | ||||||||
| DIRECTOR | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RALPH CARRERO | ||||||||
| EXECUTIVE DI | 40.00 | 30.00 | Yes (X) | $0 | $207,218 | $32,953 | ||
| SUSAN PERRY | ||||||||
| FINANCE DIRE | 40.00 | 26.00 | $112,343 | $0 | $15,264 | Yes (X) | ||
| TONY SCHUMANN | ||||||||
| TECH. DIRECT | 40.00 | 30.00 | $101,056 | $0 | $23,713 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $213,399 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $207,218 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $71,930 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $1,543,589 | GovernmentGrantsAmt |
| All Other Contributions | $832,954 | AllOtherContributionsAmt |
| Noncash Contributions | $463,620 | NoncashContributionsAmt |
| Total Contributions | $2,376,543 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PROGRAM FEES | 611710 | $1,521,190 | $1,521,190 |
| MANAGEMENT FEES/REIMBURSEMENT | 611420 | $1,040,892 | $1,040,892 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,562,082 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,913 | TotalRevenueColumnAmt |
| Exclusion | $22,913 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,713,727 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,713,727 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,713,727 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,713,727 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $493,948 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $491,228 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,720 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,720 | TotalRevenueColumnAmt |
| Exclusion | $2,720 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,677,985 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,275,809 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $25,633 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,913 | TotalAmt |
| Program Services | $154,913 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,785 | TotalAmt |
| Program Services | $6,785 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,831,859 | TotalAmt |
| Program Services | $1,986,716 | ProgramServicesAmt |
| Management And General | $845,143 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,402 | TotalAmt |
| Program Services | $40,941 | ProgramServicesAmt |
| Management And General | $32,461 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $163,446 | TotalAmt |
| Program Services | $92,072 | ProgramServicesAmt |
| Management And General | $71,374 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $307,020 | TotalAmt |
| Program Services | $186,292 | ProgramServicesAmt |
| Management And General | $120,728 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,068 | TotalAmt |
| Management And General | $25,068 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,500 | TotalAmt |
| Management And General | $15,500 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,952 | TotalAmt |
| Management And General | $5,952 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $206,215 | TotalAmt |
| Program Services | $172,790 | ProgramServicesAmt |
| Management And General | $33,425 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,200 | TotalAmt |
| Program Services | $1,200 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $299,639 | TotalAmt |
| Program Services | $211,931 | ProgramServicesAmt |
| Management And General | $80,087 | ManagementAndGeneralAmt |
| Fundraising | $7,621 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $321,880 | TotalAmt |
| Program Services | $321,880 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $195,200 | TotalAmt |
| Program Services | $195,200 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $627,175 | TotalAmt |
| Program Services | $627,175 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,457 | TotalAmt |
| Management And General | $81,457 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PARTICIPANT SERVICES | $834,754 | $833,819 | $935 |
| STIPENDS | $332,450 | $332,450 | |
| REPAIRS & MAINTENANCE | $286,594 | $274,086 | $12,508 |
| UTILTIES/TELEPHONE | $149,915 | $140,330 | $9,585 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,142 | TotalAmt |
| Program Services | $68,806 | ProgramServicesAmt |
| Management And General | $62,339 | ManagementAndGeneralAmt |
| Fundraising | $1,997 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,053,566 | TotalAmt |
| Program Services | $5,647,386 | ProgramServicesAmt |
| Management And General | $1,396,562 | ManagementAndGeneralAmt |
| Fundraising | $9,618 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $468,885 | BOYAmt |
| EOY | $329,119 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $703,505 | BOYAmt |
| EOY | $829,060 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,239,145 | BOYAmt |
| EOY | $832,596 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $450,747 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $15,096 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $13,357,350 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,274,192 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,281,204 | BOYAmt |
| EOY | $5,083,158 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $608,763 | BOYAmt |
| EOY | $1,058,167 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,167 | BOYAmt |
| EOY | $27,390 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,889,416 | BOYAmt |
| EOY | $8,174,586 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $270,324 | BOYAmt |
| EOY | $217,298 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,675 | BOYAmt |
| EOY | $11,021 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,647,054 | BOYAmt |
| EOY | $5,484,798 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,409 | BOYAmt |
| EOY | $27,390 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,066,462 | BOYAmt |
| EOY | $5,740,507 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,352,766 | BOYAmt |
| EOY | $721,141 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,470,188 | BOYAmt |
| EOY | $1,712,938 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,822,954 | BOYAmt |
| EOY | $2,434,079 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,889,416 | BOYAmt |
| EOY | $8,174,586 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$375,581 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$13,294 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,758,506 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,004,700 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,294,938 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,918,612 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,376,543 | CurrentTaxYearAmt |
| Total | $10,353,299 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,758,506 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,004,700 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,294,938 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,918,612 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,376,543 | CurrentTaxYearAmt |
| Total | $10,353,299 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,470,606 | SubstantialContributorsTotAmt |
| Public Support Total170 | $8,882,693 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,331,200 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,456,938 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,600,858 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,637,664 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,736,639 | CurrentTaxYearAmt |
| Total | $7,763,299 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $18,116,598 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $11,322,001 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.49030 | PublicSupportCY170Pct |
| Public Support PY170 | 0.54460 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $608,763 | BeginningYearBalanceAmt |
| Contributions | $463,620 | ContributionsAmt |
| Investment Earnings Or Losses | $11,096 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $19,360 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $5,952 | AdministrativeExpensesAmt |
| End Year Balance | $1,058,167 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $570,041 | BeginningYearBalanceAmt |
| Contributions | $14,855 | ContributionsAmt |
| Investment Earnings Or Losses | $59,553 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $29,710 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $5,976 | AdministrativeExpensesAmt |
| End Year Balance | $608,763 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | $502,188 | ContributionsAmt |
| Investment Earnings Or Losses | $74,106 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,468 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $2,785 | AdministrativeExpensesAmt |
| End Year Balance | $570,041 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.91230 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.08770 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $670,800 | OtherCostOrOtherBasisAmt |
| Book Value | $670,800 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,686,550 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,274,192 | DepreciationAmt |
| Book Value | $4,412,358 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,083,158 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RIGHT OF USE LIABILITY | Desc |
| Amt | $27,390 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $27,390 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $6,658,739 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$13,294 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$13,294 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,672,033 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $5,952 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $5,952 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,677,985 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,047,614 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $7,047,614 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $5,952 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $5,952 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $7,053,566 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART V, LINE 4 | SCHOLARSHIPS FOR SECONDARY EDUCATION FOR THE RELATED LAWRENCE FAMILY DEVELOPMENT CHARTER SCHOOL GRADUATES. |
| SCHEDULE D, PAGE 3, PART X | THE ORGANIZATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX-EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER THE INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION AS DEFINED BY SECTION 509(A) OF THE IRC. THEREFORE, IT IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CORPORATION IS REQUIRED BY ASC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES," TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE CORPORATION'S FINANCIAL STATEMENTS. THE CORPORATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND THE COMMONWEALTH OF MASSACHUSETTS ON INFORMATIONAL RETURNS THAT ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO REVIEW BY TAXING AUTHORITIES FOR PERIODS PRIOR TO 2020. SUBSTANTIALLY ALL OF THE CORPORATION'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE. THEREFORE, MANAGEMENT HAS DETERMINED THAT THE CORPORATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY. |
Schedule F IRS990ScheduleF
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Purpose Of Grant | SCHOLARSHIP | PurposeOfGrantTxt |
| Cash Grant | $6,785 | CashGrantAmt |
| Manner Of Cash Disbursement | CASH PAYMENT | MannerOfCashDisbursementTxt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|
| LAWRENCE FAMILY DEV CHARTER SCHOOL | ||||||
| 355 HAVERHILL STREET | LAWRENCE | MA | 01840 | 043294973 | $77,463 | OPENING DOORS PROG |
| LOWELL CATHOLIC HIGH SCHOOL | ||||||
| 530 STEVENS STREET | LOWELL | MA | 01851 | 042563657 | $11,250 | SCHOLARSHIP |
| CENTRAL CATHOLIC HIGH SCHOOL | ||||||
| 300 HAMPSHIRE STREET | LAWRENCE | MA | 01841 | $16,000 | SCHOLARSHIP | |
| PINGREE SCHOOL | ||||||
| 537 HIGHLAND STREET | SOUTH HAMILTON | MA | 01982 | $6,500 | SCHOLARSHIP | |
| ST JOHN'S PREPARATORY SCHOOL | ||||||
| 72 SPRING STREET | DANVERS | MA | 01923 | $16,250 | SCHOLARSHIP | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 5 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE CORPORATION PROVIDES MANAGEMENT SERVICES TO THE CHARTER SCHOOL AND ENSURES THAT FUNDS ARE USED FOR THE INTENDED PROGRAM. SCHOLARSHIP RECIPIENTS ARE REQUIRED TO PROVIDE GRADE REPORTS FROM THEIR HIGHSCHOOLS IN ORDER TO RECEIVE THE AWARD. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RALPH CARRERO | PersonNm |
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Compensation Based On Rltd Orgs | $207,218 | CompensationBasedOnRltdOrgsAmt |
| Deferred Comp Rltd Orgs | $15,907 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Rltd Orgs | $17,046 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Rltd Orgs | $240,171 | TotalCompensationRltdOrgsAmt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS DEVELOPMENT FINANCE A | BusinessNameLine1Txt |
| Business Name Line2 | UNDERWRITTEN BY ENTERPRISE BANK & T | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 043431814 | BondIssuerEIN |
| Bond Issued | 2015-06-29 | BondIssuedDt |
| Issue Price | $6,500,000 | IssuePriceAmt |
| Purpose | FIRST REAL ESTATE MORTGAGE AND ASSIGNMENT OF LEASE AND RENTS. | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $5,990,663 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $73,776 | IssuanceCostsFromProceedsAmt |
| Refunding Tax Exempt Bonds | Yes (true) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | false | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | false | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PURPOSE OF ISSUE DESCRIPTION | FormAndLineReferenceDesc |
| Explanation | MASSACHUSETTS DEVELOPMENT FINANCE AG FIRST REAL ESTATE MORTGAGE AND ASSIGNMENT OF LEASE AND RENTS. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $463,620 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PAGE 1, PART I, LINE 32B | FormAndLineReferenceDesc |
| Explanation | LAWRENCE PROSPERA USES FIDELITY INVESTMENTS TO PROCESS ANY CONTRIBTUIONS IN THE FORM OF STOCK DONATIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | TO STRENGTHEN INDIVIDUALS AND FAMILIES OF LAWRENCE, MA THROUGH THE DEVELOPMENT OF THRIVING NEIGHBORHOODS BY PROVIDING OPPORTUNITY YOUTH LIFE SKILLS AND CAREER TRAINING, ADULT EDUCATION SERVICES, LEASED SPACE AND BUSINESS MANAGEMENT FOR A PUBLIC CHARTER SCHOOL AND TURNAROUND PROVIDER FOR UNDERPERFORMING SCHOOL DISTRICTS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | DRAFT COPIES OF THE FORM 990 ARE PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO ITS FILING. THE DIRECTORS MAKE ANY NECESSARY CHANGES AND APPROVE THE FORM BEFORE SUBMISSION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE CORPORATION'S OFFICES UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE THROUGH THE MA ATTORNEY GENERAL'S DIVISION OF PUBLIC CHARITIES' OFFICE. LHA |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAWRENCE FAMILY DEVELOPMENT CHARTER | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 34 WEST STREET | AddressLine1Txt |
| City | LAWRENCE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01841 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043294973 | EIN |
| Primary Activities | SCHOOL | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Exempt Code Section | SCHOOL | ExemptCodeSectionTxt |
| Public Charity Status | 2 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| LAWRENCE FAMILY DEVELOPMENT CHARTER | ||
| J | $1,619,519 | CASH |
| LAWRENCE FAMILY DEVELOPMENT CHARTER | ||
| Q | $1,040,892 | CASH |