BETA

SOCIAL VENTURE PARTNERS BOSTON: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
SOCIAL VENTURE PARTNERS BOSTON (EIN 45-4230249)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-07-15
IRS object ID
202041979349304339
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)
Return2020-07-15T13:32:35-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN431985162PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SMITH SULLIVAN & BROWN PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 FLANDERS ROAD - SUITE 200AddressLine1Txt
CityWESTBOROUGHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01581ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN454230249EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SOCIAL VENTURE PARTNERS BOSTON INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSOCIBusinessNameControlTxt
Phone6172216163PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line171 COMMERCIAL STREET NO 139AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJESSIE CRONANPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone6172216163PhoneNum
Signature2020-07-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSANDRA M BROWN CPAPreparerPersonNm
PTINP00296843PTIN
Phone5088717178PhoneNum
Preparation2020-07-14PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address71.248.188.134IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-07-15IPDt
IP Tm14:18:47IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id5F4B8E8132286D99366B8E930D6D8CDC668F389EAtSubmissionCreationDeviceId
At Submission Filing Device Id4AB9D1E6AF43D1763615AF9EFF12F5AB88B60B8AAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2020-09-23 17:36:50ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1SVP BOSTONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerJESSIE CRONANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line171 COMMERCIAL STREET NO 139AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$468,059GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SVPBOSTON.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionSVP BOSTON, A GROUP OF DIVERSE, HIGHLY SKILLED PROFESSIONALS, COLLABORATES WITH CAREFULLY SELECTED BOSTON AREA NON-PROFITS BY INVESTING THEIR TIME, SKILLS, AND MONEY TO INCREASE THE CAPACITY OF THESE NON-PROFITS TO DELIVER MEANINGFUL SOCIAL IMPACT. IN ITS COMBINATION OF FUNDING AND VOLUNTEERING, SVP BOSTON PROVIDES A UNIQUE, TARGETED, AND HIGHLY LEVERAGED PHILANTHROPIC FUNDING SOURCE TO THE BOSTON AREA NON-PROFIT COMMUNITY, WHILE ALSO ENABLING ITS GRANT RECIPIENTS TO ACCESS STRATEGIC-LEVEL VOLUNTEERS, ADVICE, CONTACTS, AND ORGANIZATIONAL PRACTICES.IN ADDITION TO PROVIDING FUNDING AND VOLUNTEER EXPERTISE TO CAREFULLY SELECTED BOSTON AREA NONPROFITS, SVP BOSTON ALSO SEEKS TO DEVELOP EFFECTIVE PHILANTHROPY IN THE BOSTON AREA BY EDUCATING ITS PARTNERS TO BE INFORMED, EFFECTIVE, LIFE-LONG PHILANTHROPISTS. AS SUCH, SVP BOSTON IS A CATALYST FOR CHARITABLE GIVING AND FOR MAKING CHARITABLE GIFTS MORE EFFECTIVELY IN THE BOSTON AREA.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers108TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$459,526PYContributionsGrantsAmt
CY Contributions Grants$468,058CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$69PYInvestmentIncomeAmt
CY Investment Income$1CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$459,595PYTotalRevenueAmt
CY Total Revenue$468,059CYTotalRevenueAmt
PY Grants And Similar Paid$192,500PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$168,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$245,833PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$234,166CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$72,927CYTotalFundraisingExpenseAmt
PY Other Expenses$94,145PYOtherExpensesAmt
CY Other Expenses$43,521CYOtherExpensesAmt
PY Total Expenses$532,478PYTotalExpensesAmt
CY Total Expenses$445,687CYTotalExpensesAmt
PY Revenues Less Expenses-$72,883PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$22,372CYRevenuesLessExpensesAmt
Total Assets BOY$52,207TotalAssetsBOYAmt
Total Assets EOY$127,142TotalAssetsEOYAmt
Total Liabilities BOY$19,003TotalLiabilitiesBOYAmt
Total Liabilities EOY$71,566TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$33,204NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$55,576NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSVP BOSTON, A GROUP OF DIVERSE, HIGHLY SKILLED PROFESSIONALS, COLLABORATES WITH CAREFULLY SELECTED BOSTON AREA NONPROFITS BY INVESTING THEIR TIME, SKILLS, AND MONEY TO INCREASE THE CAPACITY OF THESE NONPROFITS TO DELIVER MEANINGFUL SOCIAL IMPACT. IN ITS COMBINATION OF FUNDING AND VOLUNTEERING, SVP BOSTON PROVIDES A UNIQUE, TARGETED, AND HIGHLY LEVERAGED PHILANTHROPIC FUNDING SOURCE TO THE BOSTON AREA NONPROFIT COMMUNITY, WHILE ALSO ENABLING ITS GRANT RECIPIENTS TO ACCESS STRATEGIC-LEVEL VOLUNTEERS, ADVICE, CONTACTS, AND ORGANIZATIONAL PRACTICES.IN ADDITION TO PROVIDING FUNDING AND VOLUNTEER EXPERTISE TO CAREFULLY SELECTED BOSTON AREA NONPROFITS, SVP BOSTON ALSO SEEKS TO DEVELOP EFFECTIVE PHILANTHROPY IN THE BOSTON AREA BY EDUCATING ITS PARTNERS TO BE INFORMED, EFFECTIVE, LIFE-LONG PHILANTHROPISTS. AS SUCH, SVP BOSTON IS A CATALYST FOR CHARITABLE GIVING AND FOR MAKING CHARITABLE GIFTS MORE EFFECTIVELY IN THE BOSTON AREA.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$168,000ExpenseAmt
Grant$168,000GrantAmt
DescGRANTMAKING: TO HELP ITS PORTFOLIO OF CAREFULLY SELECTED NONPROFITS BUILD THEIR CAPACITY TO DELIVER MEANINGFUL SOCIAL IMPACT, SVP PROVIDES VOLUNTEER EXPERTISE ALONGSIDE GENERAL OPERATING SUPPORT GRANTS. THE GRANTS ARE TYPICALLY USED BY THESE NONPROFITS TO MAKE INVESTMENTS IN STAFF, PROCESSES, OR SYSTEMS THAT WILL CONTRIBUTE TO THE NONPROFITS' LONG-TERM SUSTAINABILITY OR GROWTH.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$97,501ExpenseAmt
DescNONPROFIT CAPACITY BUILDING: SVP BOSTON SUPPORTS CAPACITY BUILDING FOR ITS INVESTEES BY PROVIDING CASH GRANTS AND SKILLED VOLUNTEERS. SVP BOSTON HELPS NONPROFITS BE AS EFFECTIVE AS POSSIBLE IN DELIVERING THEIR PROGRAMS AND SERVICES BY HELPING TO BUILD THEIR ORGANIZATIONAL CAPACITY. SVP BOSTON DEFINES ORGANIZATIONAL CAPACITY BUILDING AS THE DEVELOPMENT OF CORE SKILLS, MANAGEMENT PRACTICES, STRATEGIES, AND SYSTEMS TO ENHANCE AN ORGANIZATION'S EFFECTIVENESS, SUSTAINABILITY, AND ABILITY TO FULFILL ITS MISSION. IN THE YEAR ENDED DECEMBER 31, 2019, SVP BOSTON ESTIMATES THAT ITS PARTNERS DONATED APPROXIMATELY 2,575 HOURS TO THESE NONPROFITS. BASED ON AN AVERAGE RATE OF $150 FOR PRO BONO BUSINESS CONSULTING SERVICES, WHICH IS BENCHMARKED AGAINST INDUSTRY STANDARDS, SVP BOSTON ESTIMATES THAT THE VALUE OF ITS VOLUNTEERING WAS APPROXIMATELY $386,250. THIS AMOUNT OF IN-KIND SERVICES IS NOT INCLUDED AS A PROGRAM EXPENSE IN THE NUMBERS REPORTED ON THIS FORM 990.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$24,375ExpenseAmt
DescPHILANTHROPY DEVELOPMENT: SVP BOSTON PROVIDES WORKSHOPS, SEMINARS, AND EXPERIENTIAL LEARNING OPPORTUNITIES FOR ITS PARTNERS IN ORDER TO (1) INCREASE THEIR USE OF STRATEGIC GIVING STRATEGIES; (2) INCREASE ENGAGEMENT IN THEIR COMMUNITIES; AND (3) INCREASE THEIR AMOUNT OF GIVING. LEARNING AREAS INCLUDE GRANT MAKING, VOLUNTEERING, SECTORAL ISSUES AND THE NONPROFIT SECTOR.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$289,876TotalProgramServiceExpensesAmt
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 Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
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 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 Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee4EmployeeCnt
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 Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
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 Line1LAUREN OTTERMANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6172216163PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line171 COMMERCIAL STREET NO 139AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DAVID FERREIRA
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
KATHY SPIEGELMAN
DIRECTOR1.00Yes (X)$0$0$0
JEFFREY KUSHNER
DIRECTOR1.00Yes (X)$0$0$0
MARVA SEROTKIN
DIRECTOR1.00Yes (X)$0$0$0
KEYUR PATEL
DIRECTOR1.00Yes (X)$0$0$0
LAURA HOCKETT
TREASURER1.00Yes (X)Yes (X)$0$0$0
GARY GARBER
DIRECTOR0.00Yes (X)$0$0$0
JOHN VALPEY
DIRECTOR1.00Yes (X)$0$0$0
LARRY WALLACH
SECRETARY1.00Yes (X)Yes (X)$0$0$0
JESSIE CRONAN
EXECUTIVE DIRECTOR40.00Yes (X)$133,900$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$133,900TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$356,300MembershipDuesAmt
All Other Contributions$111,758AllOtherContributionsAmt
Total Contributions$468,058TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1TotalRevenueColumnAmt
Exclusion$1ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$468,059TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$168,000TotalAmt
Program Services$168,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$134,150TotalAmt
Program Services$53,660ProgramServicesAmt
Management And General$13,415ManagementAndGeneralAmt
Fundraising$67,075FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$82,124TotalAmt
Program Services$41,303ProgramServicesAmt
Management And General$40,821ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$17,892TotalAmt
Program Services$7,896ProgramServicesAmt
Management And General$4,747ManagementAndGeneralAmt
Fundraising$5,249FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,900TotalAmt
Management And General$7,900ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,199TotalAmt
Program Services$539ProgramServicesAmt
Management And General$1,660ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,583TotalAmt
Program Services$2,901ProgramServicesAmt
Management And General$3,079ManagementAndGeneralAmt
Fundraising$603FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,654TotalAmt
Program Services$399ProgramServicesAmt
Management And General$2,255ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,038TotalAmt
Program Services$2,519ProgramServicesAmt
Management And General$2,519ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,974TotalAmt
Program Services$4,192ProgramServicesAmt
Management And General$782ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,670TotalAmt
Program Services$822ProgramServicesAmt
Management And General$1,848ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
EVENTS EXPENSE$6,658$6,456$202
MEMBERSHIP DUES/FEES$2,131$250$1,881
MISCELLANEOUS$1,838$63$1,775
PROFESSIONAL DEVELOPMEN$876$876

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$445,687TotalAmt
Program Services$289,876ProgramServicesAmt
Management And General$82,884ManagementAndGeneralAmt
Fundraising$72,927FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$14,952BOYAmt
EOY$88,185EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$36,590BOYAmt
EOY$36,917EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$665BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,040EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$52,207BOYAmt
EOY$127,142EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$10,753BOYAmt
EOY$2,316EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$8,250BOYAmt
EOY$69,250EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,003BOYAmt
EOY$71,566EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$21,624BOYAmt
EOY$43,996EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$11,580BOYAmt
EOY$11,580EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$33,204BOYAmt
EOY$55,576EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$52,207BOYAmt
EOY$127,142EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$22,372ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit Committee0AuditCommitteeInd
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$489,280CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$337,545CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$449,202CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$459,526CurrentTaxYearMinus1YearAmt
Current Tax Year$468,058CurrentTaxYearAmt
Total$2,203,611TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$489,280CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$337,545CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$449,202CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$459,526CurrentTaxYearMinus1YearAmt
Current Tax Year$468,058CurrentTaxYearAmt
Total$2,203,611TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$9,126SubstantialContributorsTotAmt
Public Support Total170$2,194,485PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$20CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$69CurrentTaxYearMinus1YearAmt
Current Tax Year$1CurrentTaxYearAmt
Total$99TotalAmt
FieldValueIRS element (for citing)
Total Support$2,203,710TotalSupportAmt
Public Support CY1700.99580PublicSupportCY170Pct
Public Support PY1700.99540PublicSupportPY170Pct
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 I IRS990ScheduleI

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

Recipient Table RecipientTable (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
FATHER'S UPLIFT
12 SOUTHERN AVENUEDORCHESTERMA02124461407932501(C)(3)$10,000FMVN/AGENERAL OPERATING SUPPORT
UNION CAPITAL BOSTON
3353 WASHINGTON STREET 2ND FLJAMAICA PLAINMA02130471136081501(C)(3)$16,500FMVN/AGENERAL OPERATING SUPPORT
FOOD FOR FREE COMMUNITIES INC
11 INMAN STREETCAMBRIDGEMA02139222561771501(C)(3)$25,000FMVN/AGENERAL OPERATING SUPPORT
GENERATION CITIZEN
745 ATLANTIC AVENUE 2ND FLOORBOSTONMA02111272039522501(C)(3)$25,000FMVN/AGENERAL OPERATING SUPPORT
ENROOT
99 BISHOP ALLEN DRIVECAMBRIDGEMA02135042103901501(C)(3)$33,000FMVN/AGENERAL OPERATING SUPPORT
BOSTON CASA INC
85 MERRIMAC STREETBOSTONMA02114043110775501(C)(3)$33,000FMVN/AGENERAL OPERATING SUPPORT
VETERANS LEGAL SERVICES
PO BOX 8457BOSTONMA02114043212264501(C)(3)$25,000FMVN/AGENERAL OPERATING SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org7Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSVP MEMBERS ENGAGE IN A FOUR MONTH, SOPHISTICATED DUE DILIGENCE PROCESS TO SELECT THE NONPROFIT ORGANIZATIONS THAT RECEIVE OUR SUPPORT. OUR GRANTS ARE MADE TO THESE CAREFULLY SELECTED NONPROFITS FOR THE PURPOSE OF GENERAL OPERATING SUPPORT. THIS IS CLEARLY LAID OUT IN ALL APPLICATION MATERIAL AND GRANT DISTRIBUTION MATERIAL PROVIDED TO THE NONPROFITS WE SUPPORT. ADDITIONALLY, EACH NONPROFIT IS ASSESSED ANNUALLY ACCORDING TO MUTUALLY AGREED PERFORMANCE METRICS AND EACH NONPROFIT REPORTS HOW THE SVP GRANT FUNDS WERE USED. ANNUAL PROGRESS FOR EACH NONPROFIT IS THEN VETTED BY OUR BOARD OF DIRECTORS, WHICH ELECTS WHETHER TO RENEW SUPPORT. UPON A RENEWAL DECISION, ADDITIONAL GRANTS ARE MADE, SUBJECT TO THE SAME MONITORING AND REPORTING REQUIREMENTS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4THE ORGANIZATION AMENDED ITS BYLAWS EFFECTIVE 2-20-2020.
FORM 990, PART VI, SECTION A, LINE 8BN/A
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD PRESIDENT AND TREASURER REVIEW AND APPROVE THE FORM 990 PRIOR TO ITS FILING.
FORM 990, PART VI, SECTION B, LINE 12THE BOARD OF DIRECTORS REQUIRES AN ANNUAL DECLARATION FROM ALL BOARD MEMBERS AND SENIOR MANAGEMENT AS TO THE EXISTENCE AND DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. THE BOARD MEMBERS SIGN A DISCLOSURE STATEMENT. ANY POTENTIAL CONFLICTS ARE DISCUSSED BY THE DIS-INTERESTED BOARD MEMBERS, WHILE THE PARTY IN POTENTIAL CONFLICT IS REQUIRED TO LEAVE THE ROOM. BOARD MEETING MINUTES WILL DOCUMENT THE DISCUSSION AND DECISION MAKING PROCESS. IN THE EVENT OF A POTENTIAL CONFLICT, PROCEDURES TO OBTAIN COMPETITIVE BIDS AND DILIGENCE ON FAIR MARKET VALUE WILL BE ESTABLISHED.
FORM 990, PART VI, SECTION B, LINE 15AON AN ANNUAL BASIS, THE FULL BOARD OF DIRECTORS PROVIDES THE EXECUTIVE DIRECTOR A PERFORMANCE REVIEW. COMPENSATION ADJUSTMENTS ARE DISCUSSED AND DECISIONS ARE BASED ON EXECUTIVE DIRECTOR PERFORMANCE AS WELL AS BENCHMARKS AGAINST SIMILAR LEADERSHIP POSITIONS IN THIS GEOGRAPHIC REGION, ORGANIZATIONS OF A SIMILAR SIZE, AND ORGANIZATIONS WITH A SIMILAR MISSION. RESULTS OF THE DISCUSSION ARE FULLY RECORDED IN MEETING MINUTES. BOARD MEMBERS AND OFFICERS OF THE CORPORATION RECEIVE NO COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST

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