ACRE FAMILY CHILD CARE INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ACRE FAMILY CHILD CARE INC (EIN 04-3036200)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-08-11
- IRS object ID
- 202522239349302357
- Schema version
- 2024v5.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-08-11T16:08:51-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | 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 | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043036200 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACRE FAMILY CHILD CARE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ACRE | BusinessNameControlTxt |
| Phone | 9789375899 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 327 GORHAM STREET | AddressLine1Txt |
| City | LOWELL | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01852 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONNA SAATI | PersonNm |
| Person Title | CHAIR | PersonTitleTxt |
| Phone | 9789375899 | PhoneNum |
| Signature | 2025-08-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARY M LINSKEY | PreparerPersonNm |
| PTIN | P01366371 | PTIN |
| Phone | 9784522500 | PhoneNum |
| Preparation | 2025-08-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DONNA SAATI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 327 GORHAM STREET | AddressLine1Txt |
| City | LOWELL | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01852 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $11,515,864 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ACREFAMILY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1988 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | ACRE FAMILY CHILD CARE, INC., PROVIDES A PATHWAY FOR WOMEN TO ACHIEVE ECONOMIC INDEPENDENCE BY OPERATING HIGH QUALITY CHILD CARE BUSINESSES IN THEIR HOMES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 24 | TotalEmployeeCnt |
| Total Volunteers | 1 | TotalVolunteersCnt |
| Total Gross UBI | -$14,710 | TotalGrossUBIAmt |
| PY Contributions Grants | $5,114,550 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,901,633 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,392,238 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,097,132 | CYProgramServiceRevenueAmt |
| PY Investment Income | $133,489 | PYInvestmentIncomeAmt |
| CY Investment Income | $250,715 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$353 | PYOtherRevenueAmt |
| CY Other Revenue | $13,425 | CYOtherRevenueAmt |
| PY Total Revenue | $8,639,924 | PYTotalRevenueAmt |
| CY Total Revenue | $9,262,905 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $9,960 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $44,000 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,563,188 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,632,645 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $50,737 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,682,751 | PYOtherExpensesAmt |
| CY Other Expenses | $6,238,974 | CYOtherExpensesAmt |
| PY Total Expenses | $7,255,899 | PYTotalExpensesAmt |
| CY Total Expenses | $7,915,619 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,384,025 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,347,286 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $9,367,687 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,923,871 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,353,934 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,453,011 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $8,013,753 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,470,860 | NetAssetsOrFundBalancesEOYAmt |
| Mission | ACRE FAMILY CHILD CARE INC.'S MISSION IS TO PROVIDE A PATHWAY FOR WOMEN TO ACHIEVE ECONOMIC INDEPENDENCE BY OPERATING HIGH QUALITY CHILD CARE BUSINESSES IN THEIR HOMES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $6,370,607 | ExpenseAmt |
| Revenue | $3,628,496 | RevenueAmt |
| Desc | ACRE FAMILY CHILD CARE IS IN THE SERVICE OF HELPING LOCAL WOMEN BUILD LICENSED HOME-BASED FAMILY CHILD CARE BUSINESSES. ACRE PROVIDES ONGOING BUSINESS SUPPORT INCLUDING FAMILY REFERRALS,PROFESSIONAL DEVELOPMENT, PARENT AND CONTRACT BILLING, SMALL BUSINESS LOANS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,050,127 | ExpenseAmt |
| Desc | ACRE FAMILY CHILD CARE PROVIDES TRANSPORTATION FOR CHILDREN TO CONTRACTED FAMILY CHILD CARE PROGRAMS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $44,000 | ExpenseAmt |
| Grant | $44,000 | GrantAmt |
| Desc | ACRE FAMILY CHILD CARE PROVIDES INDIVIDUALIZED SUPPORTS TO CONTRACTED LICENSED FAMILY CHILD CARE EDUCATORS THROUGH EDUCATIONAL TRAINING, TECHNICAL ASSISTANCE, AND COACHING. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $7,464,734 | 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 | false | 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 | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| 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 | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 101 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 24 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | 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 | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | 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 | ACRE FAMILY CHILD CARE INC | PersonNm |
| Phone | 9789375899 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 327 GORHAM STREET | AddressLine1Txt |
| City | LOWELL | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01852 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| ZELMA LYONS-KHADAR | ||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $112,843 | $0 | $24,765 | |
| LUCAS SKORCZESKI | ||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $97,570 | $0 | $29,205 | |
| MARIA REYES | ||||||
| DIRECTOR | 5.00 | $119,164 | $0 | $0 | Yes (X) | |
| MARIA PINO | ||||||
| DIRECTOR | 5.00 | $81,049 | $0 | $0 | Yes (X) | |
| ISOLDA CANO | ||||||
| DIRECTOR | 5.00 | $79,643 | $0 | $0 | Yes (X) | |
| VALESSA MARQUES | ||||||
| DIRECTOR | 5.00 | $78,274 | $0 | $0 | Yes (X) | |
| DARMERY MONTOYA | ||||||
| DIRECTOR | 5.00 | $3,694 | $0 | $0 | Yes (X) | |
| DONNA SAATI | ||||||
| CHAIR | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| BETHANY WATSON | ||||||
| VICE CHAIR | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| ROBERT CODY | ||||||
| TREASURER | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| MINJEONG KIM | ||||||
| CLERK | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DEBRA BELAND | ||||||
| DIRECTOR | 5.00 | $0 | $0 | $0 | Yes (X) | |
| LARISSA GAIAS | ||||||
| DIRECTOR | 5.00 | $0 | $0 | $0 | Yes (X) | |
| KATHLEEN LEON | ||||||
| DIRECTOR | 5.00 | $0 | $0 | $0 | Yes (X) | |
| RUSSELL OLWELL | ||||||
| DIRECTOR | 5.00 | $0 | $0 | $0 | Yes (X) | |
| CHRIS ORTIZ | ||||||
| DIRECTOR | 5.00 | $0 | $0 | $0 | Yes (X) | |
| DANIEL RIOS | ||||||
| DIRECTOR | 5.00 | $0 | $0 | $0 | Yes (X) | |
| VANNAK THENG | ||||||
| DIRECTOR | 5.00 | $0 | $0 | $0 | Yes (X) | |
| CATHY MERCADO | ||||||
| DIRECTOR | 5.00 | $0 | $0 | $0 | Yes (X) | |
| TAMIEKA THOMAS | ||||||
| DIRECTOR | 5.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $572,237 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $53,970 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GRACIE RAMIREZ | |||||
| 15 D STREET | LOWELL | MA | 01851 | CHILD CARE PROV | $142,466 |
| MARIA FERREIRA | |||||
| 157 GERSHOM AVE | LOWELL | MA | 01854 | CHILD CARE PROV | $131,497 |
| MARIA REYES | |||||
| 18 CROWLEY ST | LOWELL | MA | 01852 | CHILD CARE PROV | $119,164 |
| FENEURYS DIAZ MENDEZ | |||||
| 43 WARE ST | LOWELL | MA | 01851 | CHILD CARE PROV | $108,760 |
| LUZ MERY TORO AGUDELO | |||||
| 10 PUFFER AVE | LOWELL | MA | 01850 | CHILD CARE PROV | $107,803 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $4,712,982 | GovernmentGrantsAmt |
| All Other Contributions | $188,651 | AllOtherContributionsAmt |
| Total Contributions | $4,901,633 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARENT FEES & OTHER PROGRAM F | Desc |
| Business | 624410 | BusinessCd |
| Total Revenue Column | $4,097,132 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,097,132 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,097,132 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $203,268 | TotalRevenueColumnAmt |
| Exclusion | $203,268 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $18,784 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $33,494 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$14,710 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$14,710 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$14,710 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,266,912 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,219,465 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $47,447 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $47,447 | TotalRevenueColumnAmt |
| Exclusion | $47,447 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INSURANCE PROCEEDS | Desc |
| Business | 999999 | BusinessCd |
| Total Revenue Column | $28,135 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $28,135 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $28,135 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,262,905 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,125,267 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$14,710 | UnrelatedBusinessRevenueAmt |
| Exclusion | $250,715 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,000 | TotalAmt |
| Program Services | $44,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $274,917 | TotalAmt |
| Program Services | $133,106 | ProgramServicesAmt |
| Management And General | $141,811 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $993,430 | TotalAmt |
| Program Services | $875,124 | ProgramServicesAmt |
| Management And General | $74,019 | ManagementAndGeneralAmt |
| Fundraising | $44,287 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,926 | TotalAmt |
| Program Services | $33,552 | ProgramServicesAmt |
| Management And General | $3,692 | ManagementAndGeneralAmt |
| Fundraising | $1,682 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $227,085 | TotalAmt |
| Program Services | $205,215 | ProgramServicesAmt |
| Management And General | $20,881 | ManagementAndGeneralAmt |
| Fundraising | $989 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,287 | TotalAmt |
| Program Services | $78,295 | ProgramServicesAmt |
| Management And General | $16,453 | ManagementAndGeneralAmt |
| Fundraising | $3,539 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,370 | TotalAmt |
| Management And General | $30,370 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,866 | TotalAmt |
| Management And General | $22,866 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $280,441 | TotalAmt |
| Program Services | $269,638 | ProgramServicesAmt |
| Management And General | $10,803 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,976 | TotalAmt |
| Program Services | $15,976 | ProgramServicesAmt |
| Management And General | $1,000 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,402 | TotalAmt |
| Program Services | $22,499 | ProgramServicesAmt |
| Management And General | $3,663 | ManagementAndGeneralAmt |
| Fundraising | $240 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,345 | TotalAmt |
| Program Services | $38,687 | ProgramServicesAmt |
| Management And General | $10,658 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,681 | TotalAmt |
| Program Services | $55,911 | ProgramServicesAmt |
| Management And General | $15,770 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,692 | TotalAmt |
| Program Services | $1,692 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,953 | TotalAmt |
| Program Services | $489 | ProgramServicesAmt |
| Management And General | $12,464 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,557 | TotalAmt |
| Program Services | $22,364 | ProgramServicesAmt |
| Management And General | $6,193 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,773 | TotalAmt |
| Program Services | $81,906 | ProgramServicesAmt |
| Management And General | $9,867 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,234 | TotalAmt |
| Program Services | $35,061 | ProgramServicesAmt |
| Management And General | $8,173 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PROVIDER CONTRACTS | $5,412,618 | $5,412,618 | |
| VEHICLE EXPENSES | $94,677 | $94,677 | |
| TELEPHONE | $18,766 | $15,372 | $3,394 |
| PROVIDER TRAINING | $12,854 | $12,854 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,769 | TotalAmt |
| Program Services | $15,698 | ProgramServicesAmt |
| Management And General | $8,071 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,915,619 | TotalAmt |
| Program Services | $7,464,734 | ProgramServicesAmt |
| Management And General | $400,148 | ManagementAndGeneralAmt |
| Fundraising | $50,737 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,372 | BOYAmt |
| EOY | $25,117 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,216,416 | BOYAmt |
| EOY | $4,017,421 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,373 | BOYAmt |
| EOY | $30,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $583,553 | BOYAmt |
| EOY | $629,406 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,767 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,530 | BOYAmt |
| EOY | $72,406 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,113,007 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $387,649 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,667,323 | BOYAmt |
| EOY | $1,725,358 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,486,209 | BOYAmt |
| EOY | $4,249,027 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $168,144 | BOYAmt |
| EOY | $175,136 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,367,687 | BOYAmt |
| EOY | $10,923,871 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $489,688 | BOYAmt |
| EOY | $520,163 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,553 | BOYAmt |
| EOY | $6,721 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $813,614 | BOYAmt |
| EOY | $781,162 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,079 | BOYAmt |
| EOY | $144,965 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,353,934 | BOYAmt |
| EOY | $1,453,011 | 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 | $7,174,835 | BOYAmt |
| EOY | $8,874,239 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $838,918 | BOYAmt |
| EOY | $596,621 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,013,753 | BOYAmt |
| EOY | $9,470,860 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,367,687 | BOYAmt |
| EOY | $10,923,871 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,347,286 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $89,048 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $20,773 | OtherChangesInNetAssetsAmt |
| 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 | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
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 | $4,163,248 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,964,082 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,002,811 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,114,550 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,901,633 | CurrentTaxYearAmt |
| Total | $25,146,324 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,163,248 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,964,082 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,002,811 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,114,550 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,901,633 | CurrentTaxYearAmt |
| Total | $25,146,324 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $25,146,324 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,548 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $39,997 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $78,651 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $91,517 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $203,268 | CurrentTaxYearAmt |
| Total | $439,981 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $1,000 | CurrentTaxYearMinus3YearsAmt |
| Total | $1,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $25,587,305 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $13,984,354 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.98280 | PublicSupportCY170Pct |
| Public Support PY170 | 0.98890 | 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 | $134,405 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $23,305 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,346 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $2,532 | AdministrativeExpensesAmt |
| End Year Balance | $148,832 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $121,133 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $21,771 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,222 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $2,277 | AdministrativeExpensesAmt |
| End Year Balance | $134,405 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $151,609 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$21,928 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,125 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $2,423 | AdministrativeExpensesAmt |
| End Year Balance | $121,133 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $137,374 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $22,646 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,740 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $2,671 | AdministrativeExpensesAmt |
| End Year Balance | $151,609 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $124,385 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $20,918 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,655 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $2,275 | AdministrativeExpensesAmt |
| End Year Balance | $137,374 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| 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 | $201,300 | OtherCostOrOtherBasisAmt |
| Book Value | $201,300 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,413,743 | OtherCostOrOtherBasisAmt |
| Depreciation | $36,509 | DepreciationAmt |
| Book Value | $1,377,234 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $497,964 | OtherCostOrOtherBasisAmt |
| Depreciation | $351,140 | DepreciationAmt |
| Book Value | $146,824 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,725,358 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE ADVANCE | $117,856 |
| FINANCE LEASE LIABILITY | $27,109 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $144,965 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $9,349,860 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $89,048 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $20,773 | OtherRevenueAmt |
| Revenue Not Reported | $109,821 | RevenueNotReportedAmt |
| Revenue Subtotal | $9,240,039 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $22,866 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $22,866 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $9,262,905 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,892,753 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $7,892,753 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $22,866 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $22,866 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $7,915,619 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART V, LINE 4 | THE PURPOSE OF THE AGENCY ENDOWMENT IS TO PROVIDE THE ORGANIZATION WITH AN ANNUAL DISTRIBUTION OF UNRESTRICTED SUPPORT IN ACCORDANCE WITH A "SPENDING POLICY" ADOPTED BY THE GREATER LOWELL COMMUNITY FOUNDATION'S BOARD. THE CURRENT SPENDING POLICY ALLOWS FOR AN ANNUAL DISTRIBUTION OF 5% OF THE AVERAGE VALUE OF THE FUND. THERE WAS A DISTRIBUTION OF 6,346 FROM THE AGENCY ENDOWMENT IN 2024. |
| 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 INTERNAL REVENUE CODE SECTION 501(C)(3), AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS REQUIRED BY ASC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES", TO EVALUATE AND DISCLOSE TAX PROVISIONS THAT COULD HAVE EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS 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 2021. THE ORGANIZATION IS SUBJECT TO UNREALATED BUSIENSS INCOME TAXES ON UNRELATED DEBT FINANCED INCOME. SUBSTANTIALLY ALL THE ORGANIZATION'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION WILL CONTINUE TO QUALIFY AS A TAX EXEMPT NOT-FOR-PROFIT ENTITY. |
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | CHANGE IN FMV OF BENEFICIAL INTEREST IN AN AGENCY ENDOWMEN 20,773 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIDDLESEX COMMUNITY COLLEGE | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 8681 | AddressLine1Txt |
| City | LOWELL | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01853 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 042973384 | RecipientEIN |
| IRC Section | 501C3 | IRCSectionDesc |
| Cash Grant | $42,000 | CashGrantAmt |
| Purpose Of Grant | SCHOLARSHIPS | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (5 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| VALESSA MARQUES | |||
| BOARD MEMBER | $78,274 | PAYMENT TO PROVIDER | false |
| DARMERY MONTOYA | |||
| BOARD MEMBER | $3,694 | PAYMENT TO PROVIDER | false |
| MARIA PINO | |||
| BOARD MEMBER | $81,049 | PAYMENT TO PROVIDER | false |
| ISOLDA CANO | |||
| BOARD MEMBER | $79,643 | PAYMENT TO PROVIDER | false |
| MARIA REYES | |||
| BOARD MEMBER | $119,164 | PAYMENT TO PROVIDER | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART V | FormAndLineReferenceDesc |
| Explanation | SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: VALESSA MARQUES (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:BOARD MEMBER IS ALSO A CHILD CARE PROVIDER. (C) AMOUNT OF TRANSACTION 78,274 (D) DESCRIPTION OF TRANSACTION: PAYMENT FOR PROVIDING SUBCONTRACTED CHILD CARE SERVICES. (E) SHARING OF ORGANIZATION REVENUES?=NO (A) NAME OF PERSON: DARMERY MONTOYA (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:BOARD MEMBER IS ALSO A CHILD CARE PROVIDER. (C) AMOUNT OF TRANSACTION 3,694 (D) DESCRIPTION OF TRANSACTION: PAYMENT FOR PROVIDING SUBCONTRACTED CHILD CARE SERVICES. (E) SHARING OF ORGANIZATION REVENUES?=NO (A) NAME OF PERSON: MARIA PINO (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:BOARD MEMBER IS ALSO A CHILD CARE PROVIDER. (C) AMOUNT OF TRANSACTION 81,049 (D) DESCRIPTION OF TRANSACTION: PAYMENT FOR PROVIDING SUBCONTRACTED CHILD CARE SERVICES. (E) SHARING OF ORGANIZATION REVENUES?=NO (A) NAME OF PERSON: ISOLDA CANO (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:BOARD MEMBER IS ALSO A CHILD CARE PROVIDER. (C) AMOUNT OF TRANSACTION 79,643 (D) DESCRIPTION OF TRANSACTION: PAYMENT FOR PROVIDING SUBCONTRACTED CHILD CARE SERVICES. (E) SHARING OF ORGANIZATION REVENUES?=NO (A) NAME OF PERSON: MARIA REYES (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:BOARD MEMBER IS ALSO A CHILD CARE PROVIDER. (C) AMOUNT OF TRANSACTION 119,164 (D) DESCRIPTION OF TRANSACTION: PAYMENT FOR PROVIDING SUBCONTRACTED CHILD CARE SERVICES. (E) SHARING OF ORGANIZATION REVENUES?=NO | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 11B | A DRAFT OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE FINANCE COMMITTEE OF THE BOARD FOR THEIR DETAIL REVIEW. SUBSEQUENTLY AND PRIOR TO FILING, THE COMMITTEE'S SUMMARY CONCLUSIONS ARE REPORTED TO THE FULL BOARD. AT THAT TIME, A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ANNUALLY, THE MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE A RELATED-PARTY TRANSACTION AND INDEPENDENCE DISCLOSURE QUESTIONNAIRE FORM. RESPONSES ARE THE BASIS FOR APPROPRIATE DISCLOSURE IN ANNUAL FINANCIAL AND COMPLIANCE REPORTS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE PROCESS FOR DETERMINING COMPENSATION OF THE TOP OFFICIALS INCLUDE A REVIEW AND APPROVAL BY INDEPENDENT PERSONS |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE PROCESS FOR DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES INCLUDE A REVIEW AND APPROVAL BY INDEPENDENT PERSONS |
| FORM 990, PAGE 6, PART VI, LINE 19 | DURING REGULAR BUSINESS HOURS, ON REQUEST, ARTICLES OF ORGANIZATION BY-LAWS, FINANCIAL STATEMENTS (AUDITED) AND SIMILAR DOCUMENTS ARE AVAILABLE TO THE PUBLIC FOR INSPECTION AT THE AGENCY'S OFFICES IN LOWELL MASSACHUSETTS. |
| FORM 990, PART XI, LINE 9 | CHANGE IN FMV OF BENEFICIAL INTEREST IN AN AGENCY ENDOWMEN 20,773 |
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