BOSTON COLLEGIATE CHARTER SCHOOL FOUNDATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
BOSTON COLLEGIATE CHARTER SCHOOL FOUNDATION INC (EIN 06-1503911)
Tax period
2020-07-01 to 2021-06-30
Filed
2021-11-22
IRS object ID
202133269349300118
Schema version
2020v4.1
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)
Return2021-11-22T15:43:24-06:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042571780PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1AAFCPAS INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line150 WASHINGTON STREETAddressLine1Txt
CityWESTBOROUGHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01581ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061503911EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BOSTON COLLEGIATE CHARTER SCHOOLBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlBOSTBusinessNameControlTxt
Phone6172826710PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1215 SYDNEY STREETAddressLine1Txt
CityDORCHESTERCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02125ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJENNA OGUNDIPEPersonNm
Person TitleEXECUTIVE DIRECTOR, BCCSPersonTitleTxt
Phone6172651172PhoneNum
Signature2021-11-18SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJENNAPersonFirstNm
Person LastOGUNDIPEPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN BUCKLEYPreparerPersonNm
PTINP00830631PTIN
Phone5083669100PhoneNum
Preparation2021-11-18PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJENNA OGUNDIPEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1215 SYDNEY STREETAddressLine1Txt
CityDORCHESTERCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02125ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,692,449GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressBOSTONCOLLEGIATE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1998FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO BENEFIT BOSTON COLLEGIATE CHARTER SCHOOL (THE SCHOOL), A MASSACHUSETTS CHARTER SCHOOLIN PARTICULAR TO: 1.PROVIDE SERVICES TO, MANAGE FUNDS AND OTHER ASSETS FOR, AND OTHERWISE SUPPORT THE FUNCTIONS OF AND/OR TO CARRY OUT THE PURPOSES OF THE SCHOOL;2.OWN, ACQUIRE, LEASE AND/OR MAINTAIN REAL ESTATE FOR THE SCHOOL'S OPERATIONS3.PROVIDE FINANCIAL SUPPORT AND SERVICES FOR THE SCHOOL.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers45TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,067,188PYContributionsGrantsAmt
CY Contributions Grants$1,363,937CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$365,844PYInvestmentIncomeAmt
CY Investment Income$196,871CYInvestmentIncomeAmt
PY Other Revenue$604,312PYOtherRevenueAmt
CY Other Revenue$1,125,354CYOtherRevenueAmt
PY Total Revenue$2,037,344PYTotalRevenueAmt
CY Total Revenue$2,686,162CYTotalRevenueAmt
PY Grants And Similar Paid$555,685PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,041,928CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$83,876CYTotalFundraisingExpenseAmt
PY Other Expenses$1,423,242PYOtherExpensesAmt
CY Other Expenses$1,611,436CYOtherExpensesAmt
PY Total Expenses$1,978,927PYTotalExpensesAmt
CY Total Expenses$2,653,364CYTotalExpensesAmt
PY Revenues Less Expenses$58,417PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$32,798CYRevenuesLessExpensesAmt
Total Assets BOY$37,126,452TotalAssetsBOYAmt
Total Assets EOY$33,853,930TotalAssetsEOYAmt
Total Liabilities BOY$18,913,216TotalLiabilitiesBOYAmt
Total Liabilities EOY$15,607,896TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$18,213,236NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$18,246,034NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROMOTE THE FINANCIAL WELL-BEING OF BOSTON COLLEGIATE CHARTER SCHOOL, BY SOLICITING, RECEIVING AND ADMINISTERING FUNDS FOR CONSTRUCTION, OPERATION AND MAINTENANCE OF A PERMANENT HOME FOR THE SCHOOL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,266,932ExpenseAmt
Grant$1,041,928GrantAmt
Revenue$1,125,354RevenueAmt
DescTHE BOSTON COLLEGIATE CHARTER SCHOOL FOUNDATION (BCCS FOUNDATION) SUPPORTS BOSTON COLLEGIATE CHARTER SCHOOL (BCCS) BY PROVIDING PHILANTHROPIC FUNDING, FACILITIES, AND LEADERSHIP. THE RANGE OF PHILANTHROPIC SUPPORT INCLUDES UNRESTRICTED FUNDING AS WELL AS OFFSETS FOR SPECIFIC PROGRAMS. IN FY21, CONTRIBUTIONS FROM THE BCCS FOUNDATION TO BCCS AIDED PROGRAMS OUTSIDE OF THE SCHOOL'S CORE ACADEMIC PROGRAMMING, INCLUDING BUT NOT LIMITED TO ITS ROBUST ALUMNI PROGRAMMING; A COMPREHENSIVE ARTS PROGRAM; READING INTERVENTION TOOLS, AND THE STUDENTS IN NEED PROGRAM, WHICH ENABLES BCCS TO PROVIDE BASIC NEEDS-SUCH AS WINTER COATS, MEALS, SCHOOL SUPPLIES-TO STUDENTS AND FAMILIES WHO MAY BE STRUGGLING FINANCIALLY. ADDITIONALLY, FUNDS RAISED BY THE FOUNDATION IN FY21 OFFSET EXPENSES ASSOCIATED WITH COVID-19, INCLUDING BUT NOT LIMITED TO TECHNOLOGY PURCHASES FOR REMOTE LEARNING, CLEANING SUPPLIES AND PPE, PROFESSIONAL DEVELOPMENT FOR TEACHING STAFF AS THEY DEVELOPED VIRTUAL CURRICULUM, AND BASIC NEEDS FOR STUDENTS AND FAMILIES STRUGGLING TO MAKE ENDS MEET DURING THESE CHALLENGING TIMES. THE BOSTON COLLEGIATE CHARTER SCHOOL FOUNDATION EXISTS TO HELP BCCS ITS MISSION OF PREPARING EACH STUDENT FOR COLLEGE. NOW SERVING A DIVERSE STUDENT BODY OF 700 STUDENTS WHO HAIL FROM EVERY NEIGHBORHOOD OF BOSTON, BCCS IS PROUD OF THE OUTCOMES ACHIEVED DURING FY21, INCLUDING:- FOR THE EIGHTEENTH CONSECUTIVE YEAR, 100% OF BCCS GRADUATING SENIORS EARNED ACCEPTANCE TO A FOUR-YEAR COLLEGE;- MEMBERS OF THE BCCS CLASS OF 2021 EARNED ADMITTANCE TO BOSTON COLLEGE, CORNELL UNIVERSITY, NORTHEASTERN UNIVERSITY, AND HARVARD UNIVERSITY, AS WELL AS EVERY SCHOOL WITHIN THE UNIVERSITY OF MASSACHUSETTS STATE SCHOOL SYSTEM;- BCCS WAS ABLE TO BE OPEN FOR IN-PERSON LEARNING ALL YEAR TO STUDENTS WITH HIGHEST NEEDS;- BCCS WAS OPEN FOR IN-PERSON LEARNING MONTHS AHEAD OF THE PEER DISTRICT FOR OUR LOWER GRADES; - BCCS LAUNCHED AN ONSITE COVID TESTING PROGRAM WITH 100% PARTICIPATION FROM STUDENTS; AND- BCCS WAS A FINALIST FOR THE PRESTIGIOUS POZEN PRIZE FOR INNOVATIVE SCHOOLS.Desc
Total Program Service Expenses$2,266,932TotalProgramServiceExpensesAmt
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 Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
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 Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
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 Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
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 PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6172826710PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1215 SYDNEY STREETAddressLine1Txt
CityDORCHESTERCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02125ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CHARLES CASSIDY
PRESIDENT AND CHAIR2.00Yes (X)Yes (X)$0$0$0
ROB LAWRENCE
TREASURER0.50Yes (X)Yes (X)$0$0$0
CHRIS CHURCHILL
CLERK0.50Yes (X)Yes (X)$0$0$0
BRETT PEISER
DIRECTOR0.50Yes (X)$0$0$0
SUSAN FORTIN
DIRECTOR0.50Yes (X)$0$0$0
NINA ROSS
DIRECTOR0.50Yes (X)$0$0$0
CARROLL PERRY
DIRECTOR0.50Yes (X)$0$0$0
JOSH FREDBERG
DIRECTOR0.50Yes (X)$0$0$0
NICKIE NORRIS
DIRECTOR0.50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,363,937AllOtherContributionsAmt
Noncash Contributions$43,612NoncashContributionsAmt
Total Contributions$1,363,937TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$196,871TotalRevenueColumnAmt
Exclusion$196,871ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,115,347RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$6,287RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$1,109,060RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,109,060TotalRevenueColumnAmt
Related Or Exempt Func Income$1,109,060RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Business900099BusinessCd
Total Revenue Column$16,294TotalRevenueColumnAmt
Related Or Exempt Func Income$16,294RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$16,294OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,686,162TotalRevenueColumnAmt
Related Or Exempt Func Income$1,125,354RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$196,871ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$955,753TotalAmt
Program Services$955,753ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$86,175TotalAmt
Program Services$86,175ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$100,000TotalAmt
Management And General$75,000ManagementAndGeneralAmt
Fundraising$25,000FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$645TotalAmt
Management And General$645ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,358TotalAmt
Management And General$5,358ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$12,220TotalAmt
Program Services$12,220ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$7,683TotalAmt
Program Services$7,683ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$18,536TotalAmt
Program Services$18,536ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$12,253TotalAmt
Program Services$12,253ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$286,999TotalAmt
Program Services$286,999ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$876,871TotalAmt
Program Services$876,871ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmtProgram ServicesProgramServicesAmt
FINANCING COSTS$221,553$221,553
FUNDRAISING EVENT$58,876$58,876
MISCELLANEOUS EXPENSE$10,442$10,442

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,653,364TotalAmt
Program Services$2,266,932ProgramServicesAmt
Management And General$302,556ManagementAndGeneralAmt
Fundraising$83,876FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$8,507,406BOYAmt
EOY$5,091,169EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$423,835BOYAmt
EOY$155,418EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$3,051,041BOYAmt
EOY$1,916,346EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,144BOYAmt
EOY$1,575EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$34,252,941LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$7,563,519LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$25,141,026BOYAmt
EOY$26,689,422EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$37,126,452BOYAmt
EOY$33,853,930EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,800BOYAmt
EOY$82,886EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$5,626,954BOYAmt
EOY$4,584,856EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,980,639BOYAmt
EOY$10,928,854EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$6,204,505BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$98,318BOYAmt
EOY$11,300EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$18,913,216BOYAmt
EOY$15,607,896EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$16,621,826BOYAmt
EOY$17,216,054EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,591,410BOYAmt
EOY$1,029,980EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,213,236BOYAmt
EOY$18,246,034EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$37,126,452BOYAmt
EOY$33,853,930EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$32,798ReconcilationRevenueExpnssAmt
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)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,837,263CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,350,232CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,474,747CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,067,188CurrentTaxYearMinus1YearAmt
Current Tax Year$1,195,266CurrentTaxYearAmt
Total$7,924,696TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,837,263CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,350,232CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,474,747CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,067,188CurrentTaxYearMinus1YearAmt
Current Tax Year$1,195,266CurrentTaxYearAmt
Total$7,924,696TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,689,395SubstantialContributorsTotAmt
Public Support Total170$6,235,301PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,005,934CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$83,726CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$392,100CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$365,844CurrentTaxYearMinus1YearAmt
Current Tax Year$196,871CurrentTaxYearAmt
Total$2,044,475TotalAmt
FieldValueIRS element (for citing)
Total Support$9,969,171TotalSupportAmt
Gross Receipts Rltd Activities$4,266,641GrossReceiptsRltdActivitiesAmt
Public Support CY1700.62550PublicSupportCY170Pct
Public Support PY1700.52990PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

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

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,093,212OtherCostOrOtherBasisAmt
Book Value$4,093,212BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$30,005,303OtherCostOrOtherBasisAmt
Depreciation$7,542,480DepreciationAmt
Book Value$22,462,823BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$154,426OtherCostOrOtherBasisAmt
Depreciation$21,039DepreciationAmt
Book Value$133,387BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$26,689,422TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO BCCSDesc
Amt$11,300Amt
FieldValueIRS element (for citing)
Total Liability$11,300TotalLiabilityAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1BOSTON COLLEGIATE CHARTER SCHOOLBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1215 SYDNEY STREETAddressLine1Txt
CityDORCHESTERCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02125ZIPCd
FieldValueIRS element (for citing)
Recipient EIN043413649RecipientEIN
IRC Section170(B)(1)(A)(II)IRCSectionDesc
Cash Grant$955,753CashGrantAmt
Valuation Method UsedN/AValuationMethodUsedDesc
Non Cash AssistanceN/ANonCashAssistanceDesc
Purpose Of GrantOPERATING SUPPORT TO THE SCHOOLPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
EMERGENCY RELIEF100$79,304FMVEMERGENCY RELIEF FOR FAMILIES OF THE SCHOOL DUE TO COVID-19 PANDEMIC
ALUMNI SUPPORT10$6,871FMV

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE GRANT FUNDS ARE MONITORED AND APPROVED BY THE BOARD OF TRUSTEES.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MASSACHUSETTS DEVELOPMENT FINANCE AGENCY
A0434318142017-12-28$7,200,000TO FUND CAPITAL PROJECTS000
MASSACHUSETTS DEVELOPMENT FINANCE AGENCY
B0434318142020-10-31$12,490,000TO FUND CAPITAL PROJECTS000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndOther Spent ProceedsOtherSpentProceedsAmt
A$7,200,000$7,200,000$51,000$7,149,00000Yes (1)Yes (1)
B$10,928,854$221,553Yes (1)00Yes (1)$1,070,731

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A000000Yes (1)
B000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A0Yes (1)000000Yes (1)
B0Yes (1)000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)

Schedule M IRS990ScheduleM

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$2,350NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution101ContributionCnt
Noncash Contributions Rpt F990$38,122NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)GIFT CARDS41$2,200FMV
Yes (X)MEMBERSHIP FEE1$940FMV
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 (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE RETURN IS BASED OFF OF THE AUDITED FINANCIAL STATEMENTS, WHICH ARE PRESENTED TO THE BOARD OF TRUSTEES FOR APPROVAL. A COPY OF THE RETURN IS PROVIDED TO ALL DIRECTORS BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CA SUMMARY OF THE COMPLETED DISCLOSURE FORMS IS PROVIDED TO THE BOARD CHAIR WHO MONITORS CONFLICTS.
FORM 990, PART VI, SECTION C, LINE 19FORM 990 IS AVAILABLE TO THE PUBLIC ON GUIDESTAR.ORG AND COPIES OF THE RETURN ARE AVAILABLE FROM THE FOUNDATION BY REQUEST.
FORM 990, PART XII, LINE 2C:THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Comments

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