MIDAS COLLABORATIVE INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
MIDAS COLLABORATIVE INC (EIN 83-0485169)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-10-07
IRS object ID
202032819349301758
Schema version
2019v5.1
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)
Return2020-10-07T17:41:55-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN043097400PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KEVIN P MARTIN & ASSOCIATES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110 FORBES WESTAddressLine1Txt
CityBRAINTREECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02184ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN830485169EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MIDAS COLLABORATIVE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMIDABusinessNameControlTxt
Phone6715323916PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 OLIVER STREET NO 802AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKIMBERLY HIRSHPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone6715323916PhoneNum
Signature2020-09-23SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALISON JOHNSON CPAPreparerPersonNm
PTINP01526964PTIN
Phone7813803520PhoneNum
Preparation2020-09-23PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address70.91.219.129IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-09-23IPDt
IP Tm14:54:37IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id2ACDE7CC8E1A2FD168FC5B21471A3A4E7FA857D4AtSubmissionCreationDeviceId
At Submission Filing Device Id2ACDE7CC8E1A2FD168FC5B21471A3A4E7FA857D4AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKIMBERLY HIRSHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 OLIVER STREET NO 802AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$180,762GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressMIDASCOLLAB.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2007FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO FACILITATE ASSET DEVELOPMENT AND PROTECTION OF LOW-INCOME FAMILIES IN A MANNER THAT IS PEER SUPPORTED, PRACTITIONER-TESTED, AND COMMUNITY-BUILDING.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee5TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$122,074PYContributionsGrantsAmt
CY Contributions Grants$87,963CYContributionsGrantsAmt
PY Program Service Revenue$112,822PYProgramServiceRevenueAmt
CY Program Service Revenue$87,481CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$487CYInvestmentIncomeAmt
PY Other Revenue-$362PYOtherRevenueAmt
CY Other Revenue-$211CYOtherRevenueAmt
PY Total Revenue$234,534PYTotalRevenueAmt
CY Total Revenue$175,720CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$171,389PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$122,645CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$13,977CYTotalFundraisingExpenseAmt
PY Other Expenses$62,766PYOtherExpensesAmt
CY Other Expenses$61,772CYOtherExpensesAmt
PY Total Expenses$234,155PYTotalExpensesAmt
CY Total Expenses$184,417CYTotalExpensesAmt
PY Revenues Less Expenses$379PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$8,697CYRevenuesLessExpensesAmt
Total Assets BOY$1,356,435TotalAssetsBOYAmt
Total Assets EOY$970,656TotalAssetsEOYAmt
Total Liabilities BOY$1,225,023TotalLiabilitiesBOYAmt
Total Liabilities EOY$847,941TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$131,412NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$122,715NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO COORDINATE A STATEWIDE COLLABORATIVE OF COMMUNITY-BASED, NOT-FOR-PROFIT ORGANIZATIONS THAT FACILITATE THE ASSET DEVELOPMENT OF LOW-INCOME FAMILIES, THROUGH INCREASED FINANCIAL MANAGEMENT SKILLS, COMMUNITY AND PEER SUPPORT, AND ACCESS TO WEALTH-BUILDING VEHICLES SUCH AS HOMES, BUSINESSES, AND EDUCATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$67,464ExpenseAmt
Revenue$85,578RevenueAmt
DescBUILDING SAVINGS AND INVESTMENT: MIDAS OPERATES MULTIPLE MATCHED SAVINGS PROGRAMS IN PARTNERSHIP WITH MEMBER COMMUNITY ORGANIZATIONS ACROSS MASSACHUSETTS. IN 2019, 9 PARTNER SITES ENROLLED 173 PARTICIPANTS WHO ATTENDED WORKSHOPS AND COUNSELING SESSIONS TO BUILD THEIR FINANCIAL SKILLS AND CAPABILITY. 127 MATCHED SAVINGS PROGRAM PARTICIPANTS GRADUATED IN 2019, MAKING INVESTMENTS IN HOMES, HIGHER EDUCATION PROGRAMS, SMALL BUSINESSES, AND OTHER ASSETS SUCH AS CARS, COMPUTERS, TEXTBOOKS AND EMERGENCY SAVINGS FUNDS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$50,537ExpenseAmt
Revenue$1,903RevenueAmt
DescDELIVERING FINANCIAL EDUCATION AND POLICY: MIDAS PROVIDED TRAININGS TO STAFF FROM MEMBER COMMUNITY ORGANIZATIONS ACROSS THE STATE THAT SERVE LOW AND MODERATE INCOME RESIDENTS, TO VOLUNTEERS AND MEMBERS OF THE PUBLIC WHO PARTICIPATE IN MIDAS' MASSSAVES INITIATIVE, AND TO EDUCATORS AND POLICYMAKERS AT OUR ANNUAL FINANCIAL EDUCATION SUMMIT. TRAINING TOPICS INCLUDED: STUDENT DEBT, MOBILIZING FOR THE 2020 CENSUS, ASSET BUILDING AND SAVINGS, FINANCIAL CAPABILITY FOR OLDER ADULTS, AND FINANCIAL HEALTH AND WELLNESS AMONG VARIOUS AGES AND STAGES.PERFORMING OUTREACH AND ADVOCACY TO ADDRESS INCOME INEQUALITY: MIDAS PARTICIPATED IN POLICY COALITIONS AND ENGAGED IN DISCUSSIONS AT THE STATE LEVEL ON TOPICS SUCH AS CONSUMER PROTECTION, FAIRNESS IN DEBT COLLECTION PRACTICES, FINANCIAL LITERACY AND EDUCATION, ASSET BUILDING, AND TAX CREDIT REFORM. MIDAS REPRESENTED MASSACHUSETTS IN THE NATIONAL CONVERSATION ON INCOME INEQUALITY, WEALTH BUILDING, AND FINANCIAL CAPABILITY.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$118,001TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
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 Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee5EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
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 Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ALLSTON-BRIGHTON CDCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6175323916PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 OLIVER STREET SUITE 802AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ANGELA GOMES
CHAIR0.50Yes (X)Yes (X)$0$0$0
TOM KEYDEL
TREASURER0.50Yes (X)Yes (X)$0$0$0
SYMONE CRAWFORD
SECRETARY (AS OF 9/19)0.50Yes (X)Yes (X)$0$0$0
JENNIFER LOWE
CLERK (UNTIL 9/19)0.50Yes (X)Yes (X)$0$0$0
SARA GARRITY-GENTILE
DIRECTOR0.50Yes (X)$0$0$0
BLAIR BENJAMIN
DIRECTOR0.50Yes (X)$0$0$0
MOLLY GOODMAN
DIRECTOR0.50Yes (X)$0$0$0
NELSON ORTIZ
DIRECTOR0.50Yes (X)$0$0$0
SANDEE TING SIMSHAUSER
DIRECTOR0.50Yes (X)$0$0$0
DEBRA TOBIN
DIRECTOR0.50Yes (X)$0$0$0
GUL YANMAZ-KARSLIGIL
DIRECTOR0.50Yes (X)$0$0$0
KIMBERLY HIRSH
EXECUTIVE DIRECTOR22.00Yes (X)$45,346$0$4,613
FieldValueIRS element (for citing)
Total Reportable Comp From Org$45,346TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$4,613TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Federated Campaigns$10,000FederatedCampaignsAmt
Membership Dues$4,125MembershipDuesAmt
Fundraising$32,179FundraisingAmt
Government Grants$11,316GovernmentGrantsAmt
All Other Contributions$30,343AllOtherContributionsAmt
Total Contributions$87,963TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSERVICE FEESDesc
Business611710BusinessCd
Total Revenue Column$87,481TotalRevenueColumnAmt
Related Or Exempt Func Income$87,481RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$87,481TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$562TotalRevenueColumnAmt
Exclusion$562ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$2,305OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$2,380OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$75OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$75TotalRevenueColumnAmt
Exclusion-$75ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$2,451FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$32,179ContriRptFundraisingEventAmt
Fundraising Direct Expenses$2,662FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$211TotalRevenueColumnAmt
Exclusion-$211ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$175,720TotalRevenueColumnAmt
Related Or Exempt Func Income$87,481RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$276ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$49,959TotalAmt
Program Services$33,931ProgramServicesAmt
Management And General$10,719ManagementAndGeneralAmt
Fundraising$5,309FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$58,712TotalAmt
Program Services$41,462ProgramServicesAmt
Management And General$11,500ManagementAndGeneralAmt
Fundraising$5,750FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$327TotalAmt
Program Services$136ProgramServicesAmt
Management And General$130ManagementAndGeneralAmt
Fundraising$61FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$13,647TotalAmt
Program Services$10,289ProgramServicesAmt
Management And General$2,268ManagementAndGeneralAmt
Fundraising$1,090FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,925TotalAmt
Management And General$8,925ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$16,581TotalAmt
Program Services$7,189ProgramServicesAmt
Management And General$9,392ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,990TotalAmt
Program Services$913ProgramServicesAmt
Management And General$780ManagementAndGeneralAmt
Fundraising$297FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$11,320TotalAmt
Program Services$9,016ProgramServicesAmt
Management And General$2,304ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$13,800TotalAmt
Program Services$9,745ProgramServicesAmt
Management And General$2,703ManagementAndGeneralAmt
Fundraising$1,352FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$706TotalAmt
Program Services$287ProgramServicesAmt
Management And General$419ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$267TotalAmt
Program Services$188ProgramServicesAmt
Management And General$53ManagementAndGeneralAmt
Fundraising$26FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,897TotalAmt
Management And General$2,897ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescPROGRAM EXPENSESDesc
Total$5,286TotalAmt
Program Services$4,845ProgramServicesAmt
Management And General$349ManagementAndGeneralAmt
Fundraising$92FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$184,417TotalAmt
Program Services$118,001ProgramServicesAmt
Management And General$52,439ManagementAndGeneralAmt
Fundraising$13,977FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$146,479BOYAmt
EOY$166,163EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$51,697BOYAmt
EOY$32,943EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$6,699BOYAmt
EOY$5,363EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$960LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$864LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$438BOYAmt
EOY$96EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,151,122BOYAmt
EOY$766,091EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,356,435BOYAmt
EOY$970,656EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$9,196BOYAmt
EOY$27,219EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$24,048BOYAmt
EOY$14,544EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,191,779BOYAmt
EOY$806,178EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,225,023BOYAmt
EOY$847,941EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$115,412BOYAmt
EOY$122,715EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$16,000BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$131,412BOYAmt
EOY$122,715EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,356,435BOYAmt
EOY$970,656EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$8,697ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$534,127CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$421,337CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$233,375CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$122,074CurrentTaxYearMinus1YearAmt
Current Tax Year$87,963CurrentTaxYearAmt
Total$1,398,876TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$534,127CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$421,337CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$233,375CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$122,074CurrentTaxYearMinus1YearAmt
Current Tax Year$87,963CurrentTaxYearAmt
Total$1,398,876TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$160,402SubstantialContributorsTotAmt
Public Support Total170$1,238,474PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$562CurrentTaxYearAmt
Total$562TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$712CurrentTaxYearMinus2YearsAmt
Total$712TotalAmt
FieldValueIRS element (for citing)
Total Support$1,400,150TotalSupportAmt
Gross Receipts Rltd Activities$612,102GrossReceiptsRltdActivitiesAmt
Public Support CY1700.88450PublicSupportCY170Pct
Public Support PY1700.88420PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER REVENUE - 2017 AMOUNT: $ 712.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$2,283FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$2,283FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$182,134FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$184,417FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$36,883FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$9,221FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$106,604CurrentYearMinus3Amt
Current Year Minus2$86,216CurrentYearMinus2Amt
Current Year Minus1$46,831CurrentYearMinus1Amt
Current Year$36,883CurrentYearAmt
Total$276,534TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$414,801LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$9,249CurrentYearMinus3Amt
Current Year Minus2$12,007CurrentYearMinus2Amt
Current Year Minus1$4,614CurrentYearMinus1Amt
Current Year$2,283CurrentYearAmt
Total$28,153TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$26,651CurrentYearMinus3Amt
Current Year Minus2$21,554CurrentYearMinus2Amt
Current Year Minus1$11,708CurrentYearMinus1Amt
Current Year$9,221CurrentYearAmt
Total$69,134TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$103,701GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$9,249CurrentYearMinus3Amt
Current Year Minus2$12,007CurrentYearMinus2Amt
Current Year Minus1$4,614CurrentYearMinus1Amt
Current Year$2,283CurrentYearAmt
Total$28,153TotalAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$960OtherCostOrOtherBasisAmt
Depreciation$864DepreciationAmt
Book Value$96BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$96TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescFUNDS HELD FOR OTHERSDesc
Book Value$766,091BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$766,091TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO FISCAL AGENT$40,277
FUNDS HELD FOR OTHERS$765,901
FieldValueIRS element (for citing)
Total Liability$806,178TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$175,720TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$175,720RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$175,720TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$184,417TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$184,417ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$184,417TotalExpensesPerForm990Amt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ASSETS & OPPORTUNITY BREAKFASTEvent1Nm
Gross Receipts Event1$34,630GrossReceiptsEvent1Amt
Charitable Contri Event1$32,179CharitableContriEvent1Amt
Gross Revenue Event1$2,451GrossRevenueEvent1Amt
Food And Beverage Event1$2,451FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$211OtherDirectExpensesEvent1Amt
Gross Receipts Total$34,630GrossReceiptsTotalAmt
Charitable Contributions Tot$32,179CharitableContributionsTotAmt
Gross Revenue Total Events$2,451GrossRevenueTotalEventsAmt
Food And Beverage Total Events$2,451FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$211OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$2,662DirectExpenseSummaryEventsAmt
Net Income Summary-$211NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3FINANCIAL MANAGEMENT SERVICES AND PAYROLL AND BENEFIT PROCESSING PROVIDED BY ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION FOR A FEE. ALL EXPENSES REIMBURSED TO ALLSTON BRIGHTON COMMUNITY DEVLEOPMENT CORPORATION.
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION HAS TWO CLASSES OF MEMBERSHIP: FULL MEMBERS AND AFFILIATE MEMBERS. ADMISSION AS A FULL OR AFFILIATE MEMBER REQUIRES NOMINATION BY EITHER AN EXISTING FULL MEMBER IN GOOD STANDING OR AN OFFICER OF THE ORGANIZATION AND AN AFFIRMATIVE VOTE OF THE BOARD OF DIRECTORS. FULL MEMBERSHIP IS AVAILABLE ONLY TO ORGANIZATIONS INVOLVED IN PROMOTING THE ACCUMULATION OF ASSETS BY, OR WORKING TO IMPROVE FINANCIAL STABILITY OR SECURITY FOR, LOW OR MODERATE INCOME PERSONS. AFFILIATE MEMBERSHIP IS AVAILABLE ONLY TO PERSONS NOT EMPLOYED BY OR OTHERWISE REPRESENTING ANY FULL MEMBER.
FORM 990, PART VI, SECTION A, LINE 7AFULL MEMBERS HAVE VOTING RIGHTS. DIRECTORS ARE ELECTED BY THE FULL MEMBERS AT THE ANNUAL MEETING OR AT A SPECIAL MEETING CALLED IN LIEU OF THE ANNUAL MEETING.
FORM 990, PART VI, SECTION A, LINE 7BFULL MEMBERS HAVE VOTING RIGHTS. EACH FULL MEMBER IS ENTITLED TO CAST ONE VOTE ON ANY MATTER BROUGHT TO THE FULL MEMBERSHIP FOR VOTE. AFFILIATE MEMBERS DO NOT HAVE VOTING RIGHTS, BUT ARE ENTITLED TO NOTICE OF, TO BE PRESENT, AND TO PARTICIPATE IN ALL MEETINGS OF FULL MEMBERS. ANY BYLAW ADOPTED BY THE DIRECTORS MAY BE AMENDED OR REPEALED BY THE AFFIRMATIVE VOTE OF THE FULL MEMBERS.
FORM 990, PART VI, SECTION A, LINE 8BNO COMMITTEE HAS DELEGATED AUTHORITY. COMMITTEES MAKE RECOMMENDATIONS TO THE BOARD AND THE BOARD TAKES ACTION.
FORM 990, PART VI, SECTION B, LINE 11BIRS FORM 990 IS REVIEWED WITH THE PREPARER BY THE MANAGEMENT SERVICES PERSONNEL AND THEN CIRCULATED TO BOARD MEMBERS PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CANNUAL DISCLOSURE OF INTERESTS PROVIDED AS PART OF THE ANNUAL FINANCIAL STATEMENT AND TAX PREPARATION PROCESS.
FORM 990, PART VI, SECTION B, LINE 15EXECUTIVE COMPENSATION IS REVIEWED ANNUALLY AS PART OF THE BUDGET PROCESS.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS PROVIDED UPON WRITTEN REQUEST.

Comments

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