THE ACHIEVEMENT NETWORK LTD: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE ACHIEVEMENT NETWORK LTD (EIN 20-3289870)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-08-15
- IRS object ID
- 202242279349101009
- Schema version
- 2020v4.2
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Reasonable Cause Explanation
- Substantial Contributors Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-08-15T12:51:06-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042571780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AAFCPAS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 WASHINGTON STREET | AddressLine1Txt |
| City | WESTBOROUGH | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203289870 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ACHIEVEMENT NETWORK LTD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ACHI | BusinessNameControlTxt |
| Phone | 6177250000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 177 HUNTINGTON AVESTE 1703PMB 745 | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02115 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NATASHA WILLIAMS | PersonNm |
| Person Title | CHIEF OPERATING OFFICER | PersonTitleTxt |
| Phone | 6177250000 | PhoneNum |
| Signature | 2022-08-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | NATASHA | PersonFirstNm |
| Person Last | WILLIAMS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JUSTIN K LEROUX CPA | PreparerPersonNm |
| PTIN | P01722988 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2022-08-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| PF60 Month Term Sect507b1 B | Yes (X) | PF60MonthTermSect507b1BInd |
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $22,728,084 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $14,130,285 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $14,333 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $14,333 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $14,333 | InterestOnSavingsAdjNetIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $19,824,650 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $19,824,650 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $33,969,268 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $14,333 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $19,838,983 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $810,626 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $462,978 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $347,648 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $17,165,303 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $9,803,742 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $7,361,561 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $3,940,458 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $2,250,542 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $1,689,916 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $7,823 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $4,468 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $3,355 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $24,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $13,707 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $10,293 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,247,628 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $712,567 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $535,061 | OtherProfFeesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $31,779 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $685,093 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $391,282 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $293,811 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $18,799 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $10,737 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $8,062 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $137,169 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $78,342 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $58,827 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,258,952 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $719,034 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $539,918 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $25,327,630 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $14,447,399 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $10,848,452 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $25,327,630 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $14,447,399 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,848,452 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $8,641,638 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $14,333 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,391,584 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $14,875,534 | CashBOYAmt |
| Cash EOY | $17,017,827 | CashEOYAmt |
| Cash EOYFMV | $17,017,827 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $266,564 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $523,963 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $523,963 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $4,509,876 | AcctRcvblAmt |
| Acct Rcvbl BOY | $3,094,362 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $4,509,876 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $4,509,876 | AcctRcvblEOYFMVAmt |
| Grants Receivable EOY | $156,792 | GrantsReceivableEOYAmt |
| Grants Receivable EOYFMV | $156,792 | GrantsReceivableEOYFMVAmt |
| Prepaid Expenses BOY | $233,250 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $519,626 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $519,626 | PrepaidExpensesEOYFMVAmt |
| Land BOY | $31,779 | LandBOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Land EOYFMV | $0 | LandEOYFMVAmt |
| Other Assets BOY | $168,603 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $18,670,092 | TotalAssetsBOYAmt |
| Total Assets EOY | $22,728,084 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $22,728,084 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $2,008,117 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $1,647,387 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $140,043 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $417,127 | DeferredRevenueEOYAmt |
| Other Liabilities BOY | $4,500,000 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $6,648,160 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,064,514 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $10,952,459 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $18,827,429 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $1,069,473 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $1,836,141 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,021,932 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,663,570 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,670,092 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $22,728,084 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,021,932 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $8,641,638 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $20,663,570 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $20,663,570 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $199 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $199 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $199 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $199 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | CO | OrgReportOrRegisterStateCd |
| Org Report Or Register State | CT | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DC | OrgReportOrRegisterStateCd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MI | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Org Report Or Register State | OH | OrgReportOrRegisterStateCd |
| Org Report Or Register State | TN | OrgReportOrRegisterStateCd |
| Org Report Or Register State | WA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | OK | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NV | OrgReportOrRegisterStateCd |
| Org Report Or Register State | AR | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NM | OrgReportOrRegisterStateCd |
| Org Report Or Register State | WI | OrgReportOrRegisterStateCd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | ACHIEVEMENTNETWORK.ORG | WebsiteAddressTxt |
| Individual With Books | NATASHA WILLIAMS | IndividualWithBooksNm |
| Phone | 6177250000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 177 HUNTINGTON AVE STE 1703 PMB | AddressLine1Txt |
| Address Line2 | 74520 | AddressLine2Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02115 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (14 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| MORA SEGAL | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | CEO & PRESIDENT | 40.00 | $282,744 | $24,860 | $0 |
| NATASHA WILLIAMS | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | COO | 40.00 | $210,299 | $27,522 | $0 |
| CARTER ROMANSKY | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | CSO, ASSISTANT SECRETARY | 40.00 | $183,150 | $24,370 | $0 |
| DEBORAH GRAY | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | GENERAL COUNSEL, ASSISTANT SECRETARY | 20.00 | $85,000 | $2,833 | $0 |
| KIMBERLY COCKRELL | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | CPO, ASSISTANT SECRETARY | 40.00 | $209,880 | $7,002 | $0 |
| SCOTT WELLS | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | CHAIR | 1.00 | $0 | $0 | $0 |
| ROBERTO RODRIGUEZ | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | TREASURER | 1.00 | $0 | $0 | $0 |
| JOHN FARWELL MAYCOCK | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | SECRETARY | 1.00 | $0 | $0 | $0 |
| MARK ATKINSON | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JUDY ELLIOTT | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| BHARAT ANAND | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| REBECCA KOCKLER | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| BRIAN PICK | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| STEPHANIE WU | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | DIRECTOR | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|---|
| EMMA DOGGETT | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | CHIEF PROGRAM OFFICE | 40.00 | $201,460 | $10,163 | $0 |
| ALYSE PECORARO | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | INTERIM ED, PARTNERS | 40.00 | $179,054 | $24,947 | $0 |
| ANA LUISA VARGAS | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | VICE PRESIDENT, EXTE | 40.00 | $174,716 | $12,218 | $0 |
| MARK BLACKMAN | |||||||||
| 177 HUNTINGTON AVENUE SUITE 1703 | PMB 74520 | BOSTON | MA | 02115 | VICE PRESIDENT, PROD | 40.00 | $175,100 | $7,893 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 171 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|
| LEARNOSITY LIMITED | ||||||||||
| 6 COKE LN | SMITHFIELD | DUBLIN | EI | D07 T0FA | WEB SERVICES | $210,360 | ||||
| TRANSFORMING EDUCATION INC | ||||||||||
| CONSULTING | $177,500 | 6 LIBERTY SQUARE PMB 397 | BOSTON | MA | 02109 | |||||
| CLEVER | ||||||||||
| CONSULTING | $94,080 | 75 REMITTANCE DRIVE DEPT 6598 | CHICAGO | IL | 60675 | |||||
| AVENIROS LLC | ||||||||||
| TECH CONSULTING | $83,658 | 12 GILL STREET SUITE 1600 | WOBURN | MA | 01801 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 4 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE ACHIEVEMENT NETWORK, LTD. (ANET) IS A NONPROFIT CORPORATION WHICH WAS INCORPORATED IN MASSACHUSETTS ON JUNE 15, 2005. ANET'S PURPOSE IS TO WORK WITH LOW-INCOME PUBLIC SCHOOLS TO CLOSE THE ACHIEVEMENT GAP. ANET PROVIDES EFFECTIVE DATA DRIVEN STRATEGIES TO IDENTIFY AND CLOSE GAPS IN STUDENT LEARNING THROUGH INTERIM ASSESSMENTS, REAL TIME AND BEST PRACTICE COACHING. ANET WORKS WITH SCHOOLS IN MASSACHUSETTS AND ACROSS THE UNITED STATES. IN 2020-2021, ANET SERVED 154 SCHOOL DISTRICTS AND OVER 280,000 STUDENTS. | Description1Txt |
| Expenses1 | $25,327,630 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $16,341,944 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $5,186,294 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $21,528,238 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $21,528,238 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $322,924 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $21,205,314 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,060,266 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,848,452 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $10,848,452 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $10,848,452 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2006-06-20 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,060,266 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $100,576 | Year2Amt |
| Year3 | $21,829 | Year3Amt |
| Total | $1,182,671 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $901,226 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $85,490 | Year2Amt |
| Year3 | $18,555 | Year3Amt |
| Total | $1,005,270 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $10,848,452 | CurrentYearAmt |
| Year1 | $9,740,342 | Year1Amt |
| Year2 | $9,782,297 | Year2Amt |
| Year3 | $8,018,163 | Year3Amt |
| Total | $38,389,254 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $10,848,452 | CurrentYearAmt |
| Year1 | $9,740,342 | Year1Amt |
| Year2 | $9,782,297 | Year2Amt |
| Year3 | $8,018,163 | Year3Amt |
| Total | $38,389,254 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $706,844 | CurrentYearAmt |
| Year1 | $526,584 | Year1Amt |
| Year2 | $569,483 | Year2Amt |
| Year3 | $562,925 | Year3Amt |
| Total | $2,365,836 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM SERVICES | Desc |
| Related Or Exempt Function Incm | $19,824,650 | RelatedOrExemptFunctionIncmAmt |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $14,333 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $14,333 | ExclusionAmt |
| Related Or Exempt Function Incm | $19,824,650 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $19,838,983 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1 | LineNumberTxt |
| Relationship Statement | PROGRAM SERVICE REVENUE IS FEES RECEIVED BY THE ACHIEVEMENT NETWORK, LTD. FOR THE PURPOSE OF PROVIDING DATA-DRIVEN STRATEGIES THAT IMPROVE THE ACADEMIC ACHIEVEMENT FOR STUDENTS IN LOW- INCOME SCHOOLS. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (14 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| BILL AND MELINDA GATES FOUNDATION | ||||||
| 1 | PO BOX 23350 | SEATTLE | WA | 98102 | $1,866,800 | Yes (X) |
| CHARLES AND LYNN SCHUSTERMAN FAMILY FOUNDATION | ||||||
| 2 | 1250 EYE STREET 700 | WASHINGTON | DC | 20005 | $3,000,000 | Yes (X) |
| CARNEGIE CORPORATION OF NEW YORK | ||||||
| 3 | 437 MADISON AVENUE | NEW YORK | NY | 10022 | $783,333 | Yes (X) |
| BALLMER GROUP | ||||||
| 4 | 777 108TH AVE NE SUITE 2020 | BELLEVUE | WA | 98004 | $1,800,000 | Yes (X) |
| MICHAEL AND SUSAN DELL FOUNDATION | ||||||
| 5 | 4417 WESTLAKE DR | AUSTIN | TX | 78746 | $500,000 | Yes (X) |
| LLOYD A FRY FOUNDATION | ||||||
| 6 | 120 S LASALLE ST SUITE 1950 | CHICAGO | IL | 60603 | $150,000 | Yes (X) |
| GHR FOUNDATION | ||||||
| 7 | 560 SOUTH 6TH STREET SUITE 2950 | MINNEAPOLIS | MN | 55402 | $210,441 | Yes (X) |
| GREAT MN SCHOOLS | ||||||
| 8 | 1300 LAGOON 4TH FLOOR | MINNEAPOLIS | MN | 55408 | $330,560 | Yes (X) |
| ROBIN HOOD FOUNDATION | ||||||
| 9 | 826 BROADWAY FL 9 | NEW YORK | NY | 10003 | $75,000 | Yes (X) |
| NEVADA DEPARTMENT OF EDUCATION | ||||||
| 10 | 2080 E FLAMINGO RD 210 | LAS VEGAS | NV | 89119 | $79,984 | Yes (X) |
| LYNCH FAMILY FOUNDATION | ||||||
| 11 | 331 3RD ST NW | WAUCOMA | IA | 52171 | $39,999 | Yes (X) |
| CENTERBRIDGE FOUNDATION | ||||||
| 12 | 375 PARK AVE 12C | NEW YORK | NY | 10152 | $20,000 | Yes (X) |
| SCOTT WELLS | ||||||
| 13 | 37 ROYALSTON RD | WELLESLEY | MA | 02481 | $5,000 | Yes (X) |
| US SMALL BUSINESS ADMINISTRATION | ||||||
| 14 | 409 3RD ST SW | WASHINGTON | DC | 20416 | $4,500,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $24,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $13,707 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $10,293 | DisbursementsCharitablePrpsAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $7,823 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4,468 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $3,355 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEPOSIT | Desc |
| BOY Book Value | $168,603 | BOYBookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| LICENSE FEE | $38,000 | $0 | $21,703 | $16,297 |
| TELEPHONE AND COMMUNICATIONS | $290,988 | $0 | $166,194 | $124,794 |
| POSTAGE | $838 | $0 | $479 | $359 |
| MISCELLANEOUS | $20,368 | $0 | $11,633 | $8,735 |
| ADVERTISING | $66,489 | $0 | $37,974 | $28,515 |
| INSURANCE | $68,525 | $0 | $39,137 | $29,388 |
| STAFF DEVELOPMENT | $76,684 | $0 | $43,797 | $32,887 |
| OFFICE EXPENSE | $484,466 | $0 | $276,697 | $207,769 |
| RECRUITING | $212,594 | $0 | $121,420 | $91,174 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM SERVICES | Desc |
| Revenue And Expenses Per Books | $19,824,650 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $19,824,650 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONDITIONAL ADVANCE | Desc |
| BOY Book Value | $4,500,000 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PAYROLL SERVICE | $278,411 | $0 | $159,011 | $119,400 |
| TECHNICAL ASSISTANCE | $67,178 | $0 | $38,368 | $28,810 |
| ASSESSMENT DEVELOPMENT | $346,974 | $0 | $198,170 | $148,804 |
| OTHER | $555,065 | $0 | $317,018 | $238,047 |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE TAXPAYER IS IN RECEIPT OF LETTER NUMBER 2697C IN REGARDS TO THE TAX PERIOD ENDED JUNE 30, 2021, IN WHICH THEIR IRS FORM 990PF WAS NOT ACCEPTED BY THE INTERNAL REVENUE SERVICE, AS IT WAS NOT ELECTRONICALLY FILED. IN THE FOLLOWING PARAGRAPH THE TAXPAYER WILL DEMONSTRATE ITS' CASE FOR AN ABATEMENT OF THE PENALTIES, SHOULD THEY BE ISSUED IN THE FUTURE. STATEMENTS OF FACTS AND CIRCUMSTANCES LEADING TO NONCOMPLIANCE THE TAXPAYER HAD PREVIOUSLY BEEN REQUIRED TO FILE THEIR FORM 990 BY PAPER AS THEY WERE IN THE FIRST 5 YEARS OF THEIR PUBLIC SUPPORT TEST. IN YEAR 6, WHEN THEY BECAME A PRIVATE FOUNDATION, DUE TO PRIOR PAPER FILINGS, THEY CONTINUTED TO PAPER FILE THEIR FORM 990. THE TAXPAYER TIMELY PAID THEIR TAX DUE ELECTRONICALLY THROUGH EFTPS. ONCE THE TAXPAYER BECAME AWARE OF THE ISSUE IN THE ABOVE NOTICE, DATED JULY 29, 2022, THEY PROMPTLY ELECTRONICALLY FILED THEIR IRS FORM 990PF. DEMONSTRATING REASONABLE CAUSE THE TAXPAYER TAKES ITS' FILING OBLIGATIONS SERIOUSLY AND HAS ALWAYS FILED ALL TAX FILINGS ON TIME, INCLUDING THE RETURN ENDING JUNE 30, 2021.IRS REGULATION 301.6724-1(A) STATES THAT THE PENALTY FOR A FAILURE RELATING TO A REPORTING REQUIREMENT IS WAIVED IF THE FAILURE IS DUE TO REASONABLE CAUSE. REASONABLE CAUSE MAY BE DEMONSTRATED IF THE FILER ESTABLISHES THAT THERE ARE SIGNIFICANT MITIGATING FACTORS WITH RESPECT TO THE FAILURE AND THAT THE FILER ACTED IN A RESPONSIBLE MANNER BY EXERCISING REASONABLE CARE, WHICH IS THAT STANDARD OF CARE THAT A REASONABLY PRUDENT PERSON WOULD USE, AND THAT THE FILER UNDERTOOK SIGNIFICANT STEPS TO AVOID OR MITIGATE THE FAILURE. AS PROVIDED UNDER TREASURY REGULATION SECTION 301.6724-1(A), SIGNIFICANT MITIGATING FACTORS INCLUDE ALL PRIOR FILINGS BEING FILED TIMELY AND NO PREVIOUSLY ASSESSED PENALTIES AGAINST THE TAXPAYER FOR NON-COMPLIANCE ISSUES RELATED TO REQUIRED INFORMATIONAL FORM 990 FILING REQUIREMENTS. REQUEST FOR ABATEMENTNO PENALTY HAS BEEN ASSESSED IN THE ABOVE NOTICE. ADDITIONALLY THE TAXPAYER, HAVING FILED THEIR FORM 990PF TIMELY, DID NOT REALIZE THAT THERE WAS AN ISSUE UNTIL AFTER THE FILING DEADLINE. THE ABSENCE OF "WILLFUL NEGLECT" HAS BEEN DEEMED BY THE IRS TO BE ONE FACTOR THAT MAY INDICATE THE EXISTENCE OF REASONABLE CAUSE. THE TAXPAYER HAS NOT SHOWN WILLFUL NEGLECT WITH RESPECT TO ITS FILING OBLIGATIONS AND BELIEVES THEY HAVE DEMONSTRATED THIS WITH THE STATEMENTS AND EVIDENCE IN THIS REQUEST.THE TAXPAYER BELIEVES THAT IT FALLS WITHIN THE REASONABLE CAUSE ABATEMENT PROVISIONS OF THE CODE BY HAVING ESTABLISHED SIGNIFICANT MITIGATING FACTORS WITH RESPECT TO THE FAILURE, AND BY ESTABLISHING THAT THEY ACTED RESPONSIBLY TO CORRECT THE FAILURE, ONCE DISCOVERED. THE TAXPAYER HAS ALWAYS HAD EVERY INTENTION OF BEING IN COMPLIANCE WITH ALL OF ITS FILING REQUIREMENTS.THE TAXPAYER RESPECTFULLY REQUESTS THAT SHOULD THE IRS ISSUE PENALTIES IN THE FUTURE THAT THEY ABATE ALL PENALTIES ASSESSED FOR THE LATE FILING OF FORM 990PF FOR THE YEAR ENDED JUNE 30, 2021 AND APPRECIATES YOUR CONSIDERATIONS OF OUR REQUEST.UNDER PENALTIES OF PERJURY, THE TAXPAYER HEREBY DECLARES THAT THE STATEMENTS CONTAINED HEREIN, TO THE BEST OF OUR KNOWLEDGE AND BELIEF, ARE TRUE, CORRECT, AND COMPLETE. | ExplanationTxt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| BALLMER GROUP | |||
| 777 108TH AVE NE SUITE 2020 | BELLEVUE | WA | 98004 |
| BILL AND MELINDA GATES FOUNDATION | |||
| PO BOX 23350 | SEATTLE | WA | 98102 |
| CARNEGIE CORPORATION | |||
| 437 MADISON AVENUE | NEW YORK | NY | 10022 |
| STRATEGIC GRANT PARTNERS | |||
| 240 NEWBURY STREET 2ND FLOOR | BOSTON | MA | 02116 |
| THE MICHAEL AND SUSAN DELL FOUNDATI | |||
| PO BOX 163867 | AUSTIN | TX | 78716 |
| US DEPARTMENT OF EDUCATION | |||
| 400 MARYLAND AVENUE SW | WASHINGTON | DC | 20202 |
| CHARLES AND LYNN SCHUSTERMAN FAMILY | |||
| 1250 EYE STREET 700 | WASHINGTON | DC | 20005 |
| THE SKILLMAN FOUNDATION | |||
| 100 TALON CENTER DRIVE SUITE 100 | DETROIT | MI | 48207 |
Comments