MIDAS COLLABORATIVE INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
MIDAS COLLABORATIVE INC (EIN 83-0485169)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-08
IRS object ID
201903129349301005
Schema version
2018v3.1
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)
Return2019-11-08T08:05:15-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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 Begin2018-01-01TaxPeriodBeginDt

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
Signature2019-10-31SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOLANTA TUCK CPAPreparerPersonNm
PTINP01340068PTIN
Phone7813803520PhoneNum
Preparation2019-10-31PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address70.91.219.129IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-10-31IPDt
IP Tm15:25:39IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdD3B801030BFEB0406CB9160AD948ED3FDE4B8125AtSubmissionCreationDeviceId
At Submission Filing Device Id2ACDE7CC8E1A2FD168FC5B21471A3A4E7FA857D4AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-01-14 16:20:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
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$236,206GrossReceiptsAmt
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 Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee12TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$233,375PYContributionsGrantsAmt
CY Contributions Grants$122,074CYContributionsGrantsAmt
PY Program Service Revenue$163,241PYProgramServiceRevenueAmt
CY Program Service Revenue$112,822CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue-$364PYOtherRevenueAmt
CY Other Revenue-$362CYOtherRevenueAmt
PY Total Revenue$396,252PYTotalRevenueAmt
CY Total Revenue$234,534CYTotalRevenueAmt
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$358,987PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$171,389CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$9,838CYTotalFundraisingExpenseAmt
PY Other Expenses$72,092PYOtherExpensesAmt
CY Other Expenses$62,766CYOtherExpensesAmt
PY Total Expenses$431,079PYTotalExpensesAmt
CY Total Expenses$234,155CYTotalExpensesAmt
PY Revenues Less Expenses-$34,827PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$379CYRevenuesLessExpensesAmt
Total Assets BOY$1,610,769TotalAssetsBOYAmt
Total Assets EOY$1,356,435TotalAssetsEOYAmt
Total Liabilities BOY$1,479,736TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,225,023TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$131,033NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$131,412NetAssetsOrFundBalancesEOYAmt
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 ChangeYes (1)SignificantChangeInd
Expense$90,343ExpenseAmt
Revenue$102,299RevenueAmt
DescBUILDING SAVINGS AND INVESTMENT: MIDAS OPERATES MULTIPLE MATCHED SAVINGS PROGRAMS IN PARTNERSHIP WITH MEMBER COMMUNITY ORGANIZATIONS ACROSS MASSACHUSETTS. IN 2018, 155 PARTICIPANTS WERE ENROLLED AT 9 PARTNER SITES WHERE THEY ATTENDED WORKSHOPS AND COUNSELING SESSIONS TO BUILD THEIR FINANCIAL SKILLS AND CAPABILITY. 101 MATCHED SAVINGS PROGRAM PARTICIPANTS GRADUATED IN 2018, MAKING INVESTMENTS IN HOMES, HIGHER EDUCATION, 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$49,583ExpenseAmt
Revenue$3,440RevenueAmt
DescDELIVERING FINANCIAL EDUCATION AND TRAINING: 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: CHILD SAVINGS ACCOUNTS; HISTORY OF REDLINING AND POSSIBLE SOLUTIONS; UNCONDITIONAL CASH TRANSFERS AND UNIVERSAL BASIC INCOME; PROMOTING FAIRNESS IN DEBT COLLECTION; THE HEALTH AND WELLNESS CONNECTION; AND THE FINANCES OF WOMEN.PERFORMING OUTREACH AND ADVOCACY TO ADDRESS INCOME INEQUALITY: MIDAS ENGAGED IN POLICY DISCUSSIONS AT THE STATE LEVEL ON TOPICS SUCH AS CONSUMER PROTECTION, FINANCIAL LITERACY AND EDUCATION, ASSET BUILDING, TAX CREDIT REFORM, AND COALITION BUILDING. MIDAS REPRESENTED MASSACHUSETTS IN THE NATIONAL CONVERSATION ON INCOME INEQUALITY, WEALTH BUILDING, AND FINANCIAL CAPABILITY. IN MASSACHUSETTS THE FOLLOWING INITIATIVES WERE SUCCESSFUL: INCREASE IN THE MINIMUM WAGE; INCREASE IN THE BUDGET ALLOCATION FOR FINANCIAL LITERACY IN K-12 SCHOOLS; AND COALITION BUILDING ON THE ISSUE OF DEBT COLLECTION AND PAYDAY LENDING ABUSES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$32,967ExpenseAmt
Revenue$7,083RevenueAmt
DescFINANCIAL COACHING: IN THE FIRST TWO MONTHS OF 2018, MIDAS WORKED WITH 17 COACHING CLIENTS, WHO EACH RECEIVED AN INITIAL INTAKE SESSION AND AN AVERAGE OF TWO FOLLOW UP COACHING SESSIONS WHERE THEY SET GOALS TOWARDS DEBT REDUCTION, CREATED A BUDGET AND PLANNED SAVINGS FOR BUILDING ASSETS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$172,893TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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
Employee12EmployeeCnt
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 Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
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 (11 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
BLAIR BENJAMIN
DIRECTOR0.50Yes (X)$0$0$0
JENNIFER LOWE
CLERK0.50Yes (X)Yes (X)$0$0$0
KATHERINE ADAM
DIRECTOR0.50Yes (X)$0$0$0
BARBARA GREENBERG
TREASURER0.50Yes (X)Yes (X)$0$0$0
TOM KEYDEL
DIRECTOR0.50Yes (X)$0$0$0
NELSON ORTIZ
DIRECTOR0.50Yes (X)$0$0$0
WILLIAM WEYDEMEYER
DIRECTOR (UNTIL 05/18)0.50Yes (X)$0$0$0
PAMELA HOFFMAN
EXECUTIVE DIRECTOR (UNTIL 02/18)26.00Yes (X)$7,692$0$424
MARLISHIA AHO
INTERIM EXEC DIR (02/18 - 06/18)40.00Yes (X)$44,055$0$3,047
KIMBERLY HIRSH
PRES AND EXEC DIR (AS OF 09/18)20.00Yes (X)$12,581$0$674
FieldValueIRS element (for citing)
Total Reportable Comp From Org$64,328TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$4,145TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$23,415FundraisingAmt
Government Grants$16,932GovernmentGrantsAmt
All Other Contributions$81,727AllOtherContributionsAmt
Total Contributions$122,074TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSERVICE FEESDesc
Business611710BusinessCd
Total Revenue Column$112,822TotalRevenueColumnAmt
Related Or Exempt Func Income$112,822RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$112,822TotalProgramServiceRevenueAmt
Fundraising Gross Income$1,310FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$23,415ContriRptFundraisingEventAmt
Fundraising Direct Expenses$1,672FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$362TotalRevenueColumnAmt
Exclusion-$362ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$234,534TotalRevenueColumnAmt
Related Or Exempt Func Income$112,822RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$362ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$68,473TotalAmt
Program Services$56,576ProgramServicesAmt
Management And General$8,254ManagementAndGeneralAmt
Fundraising$3,643FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$82,151TotalAmt
Program Services$67,951ProgramServicesAmt
Management And General$9,823ManagementAndGeneralAmt
Fundraising$4,377FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$5,503TotalAmt
Program Services$4,469ProgramServicesAmt
Management And General$747ManagementAndGeneralAmt
Fundraising$287FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$15,262TotalAmt
Program Services$12,570ProgramServicesAmt
Management And General$1,938ManagementAndGeneralAmt
Fundraising$754FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,675TotalAmt
Management And General$7,675ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$29,753TotalAmt
Program Services$12,768ProgramServicesAmt
Management And General$16,985ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,939TotalAmt
Program Services$5,081ProgramServicesAmt
Management And General$710ManagementAndGeneralAmt
Fundraising$148FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$15,000TotalAmt
Program Services$12,810ProgramServicesAmt
Management And General$1,606ManagementAndGeneralAmt
Fundraising$584FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$668TotalAmt
Program Services$309ProgramServicesAmt
Management And General$331ManagementAndGeneralAmt
Fundraising$28FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$423TotalAmt
Program Services$359ProgramServicesAmt
Management And General$47ManagementAndGeneralAmt
Fundraising$17FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,308TotalAmt
Management And General$3,308ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$234,155TotalAmt
Program Services$172,893ProgramServicesAmt
Management And General$51,424ManagementAndGeneralAmt
Fundraising$9,838FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$98,639BOYAmt
EOY$146,479EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$98,054BOYAmt
EOY$51,697EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,005BOYAmt
EOY$6,699EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,340LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,902LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$861BOYAmt
EOY$438EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,406,210BOYAmt
EOY$1,151,122EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,610,769BOYAmt
EOY$1,356,435EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$17,920BOYAmt
EOY$9,196EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$15,625BOYAmt
EOY$24,048EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,446,191BOYAmt
EOY$1,191,779EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,479,736BOYAmt
EOY$1,225,023EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$113,533BOYAmt
EOY$115,412EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$17,500BOYAmt
EOY$16,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$131,033BOYAmt
EOY$131,412EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,610,769BOYAmt
EOY$1,356,435EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$379ReconcilationRevenueExpnssAmt
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$378,670CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$534,127CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$421,337CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$233,375CurrentTaxYearMinus1YearAmt
Current Tax Year$122,074CurrentTaxYearAmt
Total$1,689,583TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$378,670CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$534,127CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$421,337CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$233,375CurrentTaxYearMinus1YearAmt
Current Tax Year$122,074CurrentTaxYearAmt
Total$1,689,583TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$195,081SubstantialContributorsTotAmt
Public Support Total170$1,494,502PublicSupportTotal170Amt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$712CurrentTaxYearMinus1YearAmt
Total$712TotalAmt
FieldValueIRS element (for citing)
Total Support$1,690,295TotalSupportAmt
Gross Receipts Rltd Activities$586,713GrossReceiptsRltdActivitiesAmt
Public Support CY1700.88420PublicSupportCY170Pct
Public Support PY1700.86110PublicSupportPY170Pct
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

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$4,614FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$4,614FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$229,541FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$234,155FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$46,831FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$11,708FilingOrganizationsTotalAmt

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$111,008CurrentYearMinus3Amt
Current Year Minus2$106,604CurrentYearMinus2Amt
Current Year Minus1$86,216CurrentYearMinus1Amt
Current Year$46,831CurrentYearAmt
Total$350,659TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$525,989LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$8,708CurrentYearMinus3Amt
Current Year Minus2$9,249CurrentYearMinus2Amt
Current Year Minus1$12,007CurrentYearMinus1Amt
Current Year$4,614CurrentYearAmt
Total$34,578TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$27,752CurrentYearMinus3Amt
Current Year Minus2$26,651CurrentYearMinus2Amt
Current Year Minus1$21,554CurrentYearMinus1Amt
Current Year$11,708CurrentYearAmt
Total$87,665TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$131,498GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$8,708CurrentYearMinus3Amt
Current Year Minus2$9,249CurrentYearMinus2Amt
Current Year Minus1$12,007CurrentYearMinus1Amt
Current Year$4,614CurrentYearAmt
Total$34,578TotalAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,340OtherCostOrOtherBasisAmt
Depreciation$2,902DepreciationAmt
Book Value$438BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$438TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescFUNDS HELD FOR OTHERSDesc
Book Value$1,151,122BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,151,122TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO FISCAL AGENT$40,859
FUNDS HELD FOR OTHERS$1,150,920
FieldValueIRS element (for citing)
Total Liability$1,191,779TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$234,534TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$234,534RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$234,534TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$234,155TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$234,155ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$234,155TotalExpensesPerForm990Amt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ASSETS & OPPORTUNITY BREAKFASTEvent1Nm
Gross Receipts Event1$24,725GrossReceiptsEvent1Amt
Charitable Contri Event1$23,415CharitableContriEvent1Amt
Gross Revenue Event1$1,310GrossRevenueEvent1Amt
Food And Beverage Event1$1,310FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$362OtherDirectExpensesEvent1Amt
Gross Receipts Total$24,725GrossReceiptsTotalAmt
Charitable Contributions Tot$23,415CharitableContributionsTotAmt
Gross Revenue Total Events$1,310GrossRevenueTotalEventsAmt
Food And Beverage Total Events$1,310FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$362OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$1,672DirectExpenseSummaryEventsAmt
Net Income Summary-$362NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 3THE ORGANIZATION TERMINATED THE INDIVIDUAL FINANCIAL COACHING AND PLANNING PROGRAM IN FEBRUARY 2018.
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.
FORM 990, PART IX, LINE 11GOTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,000. PAYROLL SERVICE FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,378. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,378. FINANCIAL SERVICES: PROGRAM SERVICE EXPENSES 4,667. MANAGEMENT AND GENERAL EXPENSES 9,333. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,000. IT CONSULTANTS: PROGRAM SERVICE EXPENSES 8,101. MANAGEMENT AND GENERAL EXPENSES 2,274. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,375.

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