FC GREATER BOSTON BOLTS INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
FC GREATER BOSTON BOLTS INC (EIN 82-3700441)
Tax period
2019-08-01 to 2020-07-31
Filed
2022-01-25
IRS object ID
202200259349301025
Schema version
2019v5.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-01-25T14:05:29-06:00ReturnTs
Tax Period End2020-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN203985546PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JOHNSON OCONNOR FERON & CARUCCI LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1101 EDGEWATER DRIVE SUITE 210AddressLine1Txt
CityWAKEFIELDCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01880ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN823700441EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FC GREATER BOSTON BOLTS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFCGRBusinessNameControlTxt
Phone4132622556PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1078AddressLine1Txt
CityFRAMINGHAMCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01701ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRIAN AINSCOUGHPersonNm
Person TitleCEOPersonTitleTxt
Phone4132622556PhoneNum
Signature2022-01-25SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGISO JOSEPHPreparerPersonNm
PTINP00030126PTIN
Phone7819143400PhoneNum
Preparation2022-01-25PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Amended ReturnYes (X)AmendedReturnInd
Principal OfficerBRIAN AINSCOUGHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1078AddressLine1Txt
CityFRAMINGHAMCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01701ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,160,642GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://WWW.BOSTONBOLTS.COM/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO DEVELOP EXCEPTIONAL SOCCER PLAYERS THAT ARE PREPARED TO COMPETE AT THE COLLEGIATE, NATIONAL OR PROFESSIONAL LEVEL, BY PROVIDING THE HIGHEST QUALITY SOCCER RESOURCES, SUPERIOR TECHNICAL CURRICULUM, COMPETITIVE ATHLETIC PROGRAMS AND PERSONAL GROWTH OPPORTUNITIES THAT SUPPORT A SUCCESSFUL FUTURE.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee42TotalEmployeeCnt
Total Volunteers17TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$401,957PYContributionsGrantsAmt
CY Contributions Grants$323,246CYContributionsGrantsAmt
PY Program Service Revenue$2,290,011PYProgramServiceRevenueAmt
CY Program Service Revenue$1,748,751CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income-$4,575CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,691,968PYTotalRevenueAmt
CY Total Revenue$2,067,422CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$680,538PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$916,589CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$6,682CYTotalFundraisingExpenseAmt
PY Other Expenses$2,214,991PYOtherExpensesAmt
CY Other Expenses$1,213,049CYOtherExpensesAmt
PY Total Expenses$2,895,529PYTotalExpensesAmt
CY Total Expenses$2,129,638CYTotalExpensesAmt
PY Revenues Less Expenses-$203,561PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$62,216CYRevenuesLessExpensesAmt
Total Assets BOY$1,037,330TotalAssetsBOYAmt
Total Assets EOY$1,468,022TotalAssetsEOYAmt
Total Liabilities BOY$1,309,035TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,801,627TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$271,705NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$333,605NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO DEVELOP EXCEPTIONAL SOCCER PLAYERS WHO ARE PREPARED TO COMPETE AT THE COLLEGIATE, NATIONAL OR PROFESSIONAL LEVEL, BY PROVIDING THE HIGHEST QUALITY SOCCER RESOURCES, SUPERIOR TECHNICAL CURRICULUM, COMPETITIVE ATHLETIC PROGRAMS AND PERSONAL GROWTH OPPORTUNITIES THAT SUPPORT A SUCCESSFUL FUTURE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,642,374ExpenseAmt
Revenue$1,748,751RevenueAmt
DescEDUCATION - PROMOTED EDUCATIONAL AND CULTURAL BENEFITS OF SOCCER. TEACHING FAIR PLAY WITH RESPECT FOR OTHER PLAYERS, COACHES AND REFEREES. EACH LEAGUE SUPPLIED SEASONAL PROGRAM BOOKLET DESCRIBING ATTITUDES EXPECTED AND THE PROPER WAY TO PLAY SOCCER, LEADING TO IMPROVEMENT OF THE SPORT PLAYER. DEVELOPMENT - CLUB ENCOURAGES TEAMS AND PLAYERS TO PARTICIPATE IN CLUB AND LEAGUE ORGANIZED SESSIONS, CLINICS, AND TOURNAMENTS. COMPETITIVE GAMES - FOSTER NATIONAL AND INTERNATIONAL AMATEUR SPORTS COMPETITION. ASSIST SOCCER PLAYERS TO TEAM UP WITH AND/ OR PLAY AGAINST CHILDREN FROM ALL DIFFERENT TOWNS, STATES AND COUNTRIES. TEAMS AND DIVISIONS ARE DESIGNED TO ENCOURAGE DEVELOPMENT AT THE PLAYER LEVEL. SUPPORT FURTHER COMPETITION - THE ORGANIZATION PROVIDES SUPPORT FOR ITS TEAMS TO COMPETE NATIONALLY AND INTERNATIONALLY.Desc
Total Program Service Expenses$1,642,374TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document47IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee42EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SMITH UTUBORBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4132622556PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1078AddressLine1Txt
CityFRAMINGHAMCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01701ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BRIAN AINSCOUGH
CEO40.00Yes (X)Yes (X)$122,351$0$0
MARCUS KOOLMAN
DIRECTOR/EX.TECH DIR/DIR. COACHING40.00Yes (X)$55,869$0$0
CHRISTIAN HABERSAAT
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
SCOTT MATTHEWS
TREASURER1.00Yes (X)Yes (X)$0$0$0
STEPHEN GIBBS
CLERK/GENERAL MANAGER1.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$178,220TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$71,916FundraisingAmt
Government Grants$10,000GovernmentGrantsAmt
All Other Contributions$241,330AllOtherContributionsAmt
Noncash Contributions$200,000NoncashContributionsAmt
Total Contributions$323,246TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TEAM REGISTRATION AND713990$1,583,668$1,583,668
CAMPS AND CLINICS713990$93,845$93,845
TOURNAMENTS713990$71,238$71,238
FieldValueIRS element (for citing)
Total Program Service Revenue$1,748,751TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$368TotalRevenueColumnAmt
Exclusion$368ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$70,753OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$75,696OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$4,943OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$4,943TotalRevenueColumnAmt
Exclusion-$4,943ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$17,524FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$71,916ContriRptFundraisingEventAmt
Fundraising Direct Expenses$17,524FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,067,422TotalRevenueColumnAmt
Related Or Exempt Func Income$1,748,751RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$4,575ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$443,676TotalAmt
Program Services$272,211ProgramServicesAmt
Management And General$171,465ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$363,211TotalAmt
Program Services$339,504ProgramServicesAmt
Management And General$17,780ManagementAndGeneralAmt
Fundraising$5,927FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$34,228TotalAmt
Management And General$34,228ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$75,474TotalAmt
Program Services$56,605ProgramServicesAmt
Management And General$18,114ManagementAndGeneralAmt
Fundraising$755FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$28,000TotalAmt
Management And General$28,000ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,652TotalAmt
Management And General$3,652ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$58,060TotalAmt
Management And General$58,060ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$102,206TotalAmt
Program Services$99,566ProgramServicesAmt
Management And General$2,640ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$9,346TotalAmt
Program Services$9,346ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$908TotalAmt
Management And General$908ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$14,155TotalAmt
Program Services$10,769ProgramServicesAmt
Management And General$3,386ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$31,374TotalAmt
Management And General$31,374ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$51,122TotalAmt
Program Services$39,842ProgramServicesAmt
Management And General$11,280ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$4,156TotalAmt
Management And General$4,156ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$77,148TotalAmt
Program Services$759ProgramServicesAmt
Management And General$76,389ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,218TotalAmt
Management And General$5,218ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
FIELDS$432,648$432,648
DONATED EQUIPMENT$200,000$200,000
TOURNAMENT EXPENSE$103,736$103,736
CREDIT CARD FEES$27,356$27,356

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$63,964TotalAmt
Program Services$50,032ProgramServicesAmt
Management And General$13,932ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,129,638TotalAmt
Program Services$1,642,374ProgramServicesAmt
Management And General$480,582ManagementAndGeneralAmt
Fundraising$6,682FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$306,016BOYAmt
EOY$808,619EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,292BOYAmt
EOY$30,069EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$76,023BOYAmt
EOY$69,911EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$15,472LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,736LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$22,552BOYAmt
EOY$8,736EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$626,447BOYAmt
EOY$550,687EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,037,330BOYAmt
EOY$1,468,022EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$114,820BOYAmt
EOY$197,285EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,194,215BOYAmt
EOY$1,205,746EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
EOY$398,596EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,309,035BOYAmt
EOY$1,801,627EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$271,705BOYAmt
EOY-$333,605EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$271,705BOYAmt
EOY-$333,605EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,037,330BOYAmt
EOY$1,468,022EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$62,216ReconcilationRevenueExpnssAmt
Prior Period Adjustments$316PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$277,413CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$401,957CurrentTaxYearMinus1YearAmt
Current Tax Year$323,246CurrentTaxYearAmt
Total$1,002,616TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$1,121,072CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,290,011CurrentTaxYearMinus1YearAmt
Current Tax Year$1,748,751CurrentTaxYearAmt
Total$5,159,834TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$1,398,485CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,691,968CurrentTaxYearMinus1YearAmt
Current Tax Year$2,071,997CurrentTaxYearAmt
Total$6,162,450TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$6,162,450PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$63CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$212CurrentTaxYearMinus1YearAmt
Current Tax Year$368CurrentTaxYearAmt
Total$643TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$63CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$212CurrentTaxYearMinus1YearAmt
Current Tax Year$368CurrentTaxYearAmt
Total$643TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$1,398,548CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,692,180CurrentTaxYearMinus1YearAmt
Current Tax Year$2,072,365CurrentTaxYearAmt
Total$6,163,093TotalAmt
FieldValueIRS element (for citing)
First5 Years509Yes (X)First5Years509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A- PAGE 3- PART III- PUBLIC SUPPORTFormAndLineReferenceDesc
ExplanationIN THE YEAR ENDING JULY 31, 2018, FC GREATER BOSTON BOLTS INC DEMERGED AND FILED ITS FIRST RETURN WHICH CONSISTED OF 6 MONTHS ACTIVITY.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,472OtherCostOrOtherBasisAmt
Depreciation$402DepreciationAmt
Book Value$7,070BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,000OtherCostOrOtherBasisAmt
Depreciation$6,334DepreciationAmt
Book Value$1,666BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$8,736TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
GOODWILL, NET OF AMORTIZATION$509,205
DEPOSITS$21,482
FRANCHISE FEE$20,000
FieldValueIRS element (for citing)
Total Book Value Other Assets$550,687TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,084,946TotalRevEtcAuditedFinclStmtAmt
Other Revenue$17,524OtherRevenueAmt
Revenue Not Reported$17,524RevenueNotReportedAmt
Revenue Subtotal$2,067,422RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,067,422TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,147,162TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$17,524OtherExpensesIncludedAmt
Expenses Not Reported$17,524ExpensesNotReportedAmt
Expenses Subtotal$2,129,638ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,129,638TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES IN ACCORDANCE WITH SECTION 501(C )( 3) OF THE INTERNAL REVENUE CODE AND STATE AND LOCAL TAXES UNDER MASSACHUSETTS SECTION 180 ACCORDINGLY, NO PROVISION FOR INCOME TAX IS REQUIRED CONTRIBUTIONS MADE TO THE ORGANIZATION ARE DEDUCTIBLE WITHIN THE LIMITS OF INTERNAL REVENUE CODE REGULATIONS PERTAINING TO CHARITABLE CONTRIBUTIONS IN ACCORDANCE WITH GAAP, THE ORGANIZATION MUST IDENTIFY, RECOGNIZE, MEASURE, AND DISCLOSE IN ITS FINANCIAL STATEMENTS THE EFFECTS OF ANY UNCERTAIN TAX REPORTING POSITIONS THAT THE ORGANIZATION HAS TAKEN OR EXPECT TO TAKE THE ORGANIZATION MUST RECOGNIZE AN UNRECOGNIZED TAX BENEFIT WHEN, DESPITE THE ORGANIZATION'S BELIEF THAT ITS TAX RETURN POSITIONS ARE SUPPORTABLE, IT IS POSSIBLE THAT CERTAIN POSITIONS MAY NOT BE FULLY SUSTAINED UPON REVIEW BY TAX AUTHORITIES BENEFITS FROM TAX POSITION ARE MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON SETTLEMENT THE ORGANIZATION RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN FUNCTIONAL EXPENSES NO SUCH INTEREST OR PENALTIES WERE RECOGNIZED DURING THE PERIOD PRESENTED THE ORGANIZATION HAD NO ACCRUALS FOR INTEREST AND PENALTIES AT JULY 31, 2020 TO THE EXTENT THAT THE FINAL TAX OUTCOME OF THESE MATTERS IS DIFFERENT THAN THE AMOUNTS RECORDED, SUCH DIFFERENCES IMPACT INCOME TAX EXPENSE IN THE PERIOD IN WHICH SUCH DETERMINATION IS MADE MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSOTIONS AGAINST RETURNS FILED AND HAS DETERMINED NO ADDITIONAL ADJUSTMENTS ARE NECESSARY THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES FOR THREE YEARS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING COSTS NETTED 17,524.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING COSTS NETTED 17,524.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event124 HOUR SOCCER MARATHONEvent1Nm
Gross Receipts Event1$89,440GrossReceiptsEvent1Amt
Charitable Contri Event1$71,916CharitableContriEvent1Amt
Gross Revenue Event1$17,524GrossRevenueEvent1Amt
Other Direct Expenses Event1$17,524OtherDirectExpensesEvent1Amt
Gross Receipts Total$89,440GrossReceiptsTotalAmt
Charitable Contributions Tot$71,916CharitableContributionsTotAmt
Gross Revenue Total Events$17,524GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$17,524OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$17,524DirectExpenseSummaryEventsAmt
Net Income Summary$0NetIncomeSummaryAmt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescEQUIPMENT AND UNIFORMSDesc
Contribution0ContributionCnt
Noncash Contributions Rpt F990$200,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesRETAIL VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 1, LINE BTHE FINANCIAL STATEMENTS FOR THE CURRENT PERIOD WERE RESTATED FOR VARIOUS ITEMS WHICH AFFECTED THE PAGE 9, PART VIII, STATEMENT OF REVENUE; PAGE 10, PART IX, STATEMENT OF FUNCTIONAL EXPENSES; AND PAGE 11, PART X, BALANCE SHEET.
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY PRIOR TO BEING FILED.
FORM 990, PART VI, SECTION B, LINE 15SALARIES ARE COMPARED WITH EQUIVALENT POSITIONS IN THE SURROUNDING AREA.
FORM 990, PART VI, SECTION C, LINE 18THE ORGANZATION MAKES ITS FORM 990 AND FORM 1023 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON REQUEST; GUIDESTAR.ORG; MASS. ATTORNEY GERNAL WEBSITE -HTTP://WWW.CHARITIES.AGO.STATE.MA.US/CHARITIES/ AND OTHER SIMILAR TYPES OF WEBSITES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC DURING THE TAX YEAR UPON REQUEST.
POLCIES AND PROCEDURESTHE ORGANIZATION IS CURRENTLY COMPILING AND EVALUATING THE FOLLOWING DOCUMENTS FOR IMPLEMENTATION: CONFLICT OF INTERST POLICY WHISTLEBLOWER POLICY DOCUMENT DESTRUCTION AND RETENTION POLICY
FORM 990, PART XII, LINE 2C:THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS OR SELECTION PROCESS FOR AN INDEPENDENT ACCOUNTANT DURING THE TAX YEAR.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.