THE MATCH FOUNDATION INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- THE MATCH FOUNDATION INC (EIN 04-3476160)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2016-12-19
- IRS object ID
- 201633549349300003
- Schema version
- 2015v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-12-19T08:03:05-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042571780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEXANDER ARONSON FINNING & CO PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 EAST MAIN STREET | AddressLine1Txt |
| City | WESTBORO | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043476160 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MATCH FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MATC | BusinessNameControlTxt |
| Phone | 6172320300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 215 FOREST HILLS STREET | AddressLine1Txt |
| City | JAMAICA PLAIN | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02130 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STIG LESCHLY | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 6172320300 | PhoneNum |
| Signature | 2016-12-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN BUCKLEY CPA | PreparerPersonNm |
| PTIN | P00830631 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2016-12-16 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STIG LESCHLY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 215 FOREST HILLS STREET | AddressLine1Txt |
| City | JAMAICA PLAIN | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02130 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $8,771,792 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MATCHEDUCATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1999 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | THE CORPORATION, A MASSACHUSETTS NOT-FOR-PROFIT CORPORATION, (CONTINUED ON SCHEDULE O)ACTS TO PROVIDE FINANCIAL SUPPORT AND SERVICES TO MATCH CHARTER PUBLIC SCHOOL, A MASSACHUSETTS CHARTER SCHOOL ESTABLISHED PURSUANT TO MASSACHUSETTS GENERAL LAWS, CHAPTER 71, 89 AND THE CHARLES SPOSATO GRADUATE SCHOOL OF EDUCATION, INC. (THE "SCHOOLS") AND TO PROVIDE STUDY SUPPORT, PERSONAL COACHING AND JOB PLACEMENT SERVICES TO HIGH SCHOOL GRADUATES IN BOSTON WHO ARE ENROLLED IN AN ONLINE BACHELOR'S AND ASSOCIATE'S DEGREES PROGRAM. IN ADDITION TO THE AFOREMENTIONED PURPOSE, THE ORGANIZATION'S STATED PURPOSE ALSO INCLUDES, BUT IS NOT LIMITED TO, ENGAGING AND PERFORMING IN THE ACTIVITIES THAT THE SCHOOLS WOULD OTHERWISE HAVE TO PERFORM; OWNING,LEASING AND MAINTAINING THE SITES AT WHICH THE SCHOOLS ARE LOCATED; AND ENGAGING IN OTHER NON-PROFIT PURPOSES AS ARE PERMISSIBLE FOR A CORPORATION ORGANIZED UNDER M.G.L.C.180 AND EXEMPT FROM FEDERAL INCOME TAXATION PURSUANT TO SECTION 501(C)(3) OF THE CODE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 99 | TotalEmployeeCnt |
| Total Volunteers | 6 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $12,401,810 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,226,572 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,483,102 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $624,760 | CYProgramServiceRevenueAmt |
| PY Investment Income | $827,076 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,239,018 | CYInvestmentIncomeAmt |
| PY Other Revenue | $245,571 | PYOtherRevenueAmt |
| CY Other Revenue | $791,193 | CYOtherRevenueAmt |
| PY Total Revenue | $15,957,559 | PYTotalRevenueAmt |
| CY Total Revenue | $7,881,543 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $924,321 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $760,441 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,557,979 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,731,863 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $327,735 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,006,763 | PYOtherExpensesAmt |
| CY Other Expenses | $2,971,867 | CYOtherExpensesAmt |
| PY Total Expenses | $6,489,063 | PYTotalExpensesAmt |
| CY Total Expenses | $7,464,171 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,468,496 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $417,372 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $61,627,343 | TotalAssetsBOYAmt |
| Total Assets EOY | $63,335,189 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $26,673,513 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $30,442,403 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $34,953,830 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $32,892,786 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, TO PROVIDE FINANCIAL SUPPORT AND SERVICES TO MATCH CHARTER PUBLIC SCHOOL, A MASSACHUSETTS CHARTER SCHOOL ESTABLISHED PURSUANT TO MASSACHUSETTS GENERAL LAWS, CHAPTER 71, 89 AND THE CHARLES SPOSATO GRADUTATE SCHOOL OF EDUCATION, INC. AND TO PROVIDE STUDY SUPPORT, PERSONAL COACHING AND JOB PLACEMENT SERVICES TO HIGH SCHOOL GRADUATES IN BOSTON WHO ARE ENROLLED IN AN ONLINE BACHELOR'S AND ASSOCIATE'S DEGREES PROGRAM. IN ADDITION TO THE AFOREMENTIONED PURPOSE, THE ORGANIZATION'S STATED PURPOSE ALSO INCLUDES, BUT IS NOT LIMITED TO, ENGAGING AND PERFORMING IN THE ACTIVITIES THAT THE SCHOOLS WOULD OTHERWISE HAVE TO PERFORM; OWNING, LEASING AND MAINTAINING THE SITES AT WHICH THE SCHOOLS ARE LOCATED; AND ENGAGING IN OTHER NON-PROFIT PURPOSES AS ARE PERMISSIBLE FOR A CORPORATION ORGANIZED UNDER M.G.L.C.180 AND EXEMPT FROM FEDERAL INCOME TAXATION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,030,987 | ExpenseAmt |
| Grant | $760,441 | GrantAmt |
| Revenue | $160,046 | RevenueAmt |
| Desc | MATCH BEYOND CREATES AN ACCELERATED PATHWAY TOWARD FULLY ACCREDITED ASSOCIATE'S AND BACHELOR'S DEGREES, AS WELL AS EMPLOYMENT OPPORTUNITIES FOR STUDENTS TO MOVE INTO MIDDLE-CLASS CAREERS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,089,237 | ExpenseAmt |
| Revenue | $1,462 | RevenueAmt |
| Desc | MATCH EXPORT IS THE CORPORATION'S EFFORT TO SHARE THE CORPORATION'S KNOWLEDGE WITH EDUCATORS EVERYWHERE THROUGH A MIX OF FREE ONLINE RESOURCES, WORKSHOPS, AND PARTNERSHIPS WITH DISTRICTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $344,553 | ExpenseAmt |
| Revenue | $463,252 | RevenueAmt |
| Desc | THE EDUCATIONAL LEADER COACHING PROGRAM IN NEW ORLEANS PROVIDES TRAINING AND COACHING SUPPORT FOR SCHOOL LEADERS THAT WORK FOR VARIOUS SCHOOLS IN THE CITY. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,117,609 | ExpenseAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $3,117,609 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $5,582,386 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 54 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 99 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | LA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANNE HEALY DIRECTOR OF FINANCE AND ADMINISTRATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6172320300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 215 FOREST HILLS STREET | AddressLine1Txt |
| City | JAMAICA PLAIN | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02130 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| DENISE BLUMENTHAL | ||||||
| CLERK AND DIRECTOR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MATTHEW VETTEL | ||||||
| CHAIR,TREASURER AND DIRECTOR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BRIDGITT EVANS | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| PAUL DENINGER | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| ALEX CORTEZ | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| TOM BEECHER | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| PAUL STRIGLER | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| STIG LESCHLY | ||||||
| PRESIDENT & CEO | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $5,226,572 | AllOtherContributionsAmt |
| Total Contributions | $5,226,572 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUTOR CONSULTING FEE | 900099 | $463,252 | $463,252 |
| OTHER PROGRAM REVENUE | 900099 | $161,508 | $161,508 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $624,760 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,239,018 | TotalRevenueColumnAmt |
| Exclusion | $1,239,018 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $832,916 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $890,249 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$57,333 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$57,333 | TotalRevenueColumnAmt |
| Exclusion | -$57,333 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| TAX CREDIT REVENUE | 900099 | $491,334 | $491,334 |
| AMORTIZATION OF BOND DISCOUNT | 900099 | $281,185 | $281,185 |
| MISCELLANEOUS INCOME | 900099 | $76,007 | $76,007 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $848,526 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,881,543 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $624,760 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,030,211 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $760,441 | TotalAmt |
| Program Services | $760,441 | ProgramServicesAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,290,600 | TotalAmt |
| Program Services | $2,199,566 | ProgramServicesAmt |
| Management And General | $829,224 | ManagementAndGeneralAmt |
| Fundraising | $261,810 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $165,814 | TotalAmt |
| Program Services | $100,187 | ProgramServicesAmt |
| Management And General | $57,813 | ManagementAndGeneralAmt |
| Fundraising | $7,814 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $275,449 | TotalAmt |
| Program Services | $201,482 | ProgramServicesAmt |
| Management And General | $53,700 | ManagementAndGeneralAmt |
| Fundraising | $20,267 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,000 | TotalAmt |
| Program Services | $250,000 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,519 | TotalAmt |
| Management And General | $49,519 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,582 | TotalAmt |
| Management And General | $18,582 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $205,236 | TotalAmt |
| Program Services | $143,954 | ProgramServicesAmt |
| Management And General | $49,359 | ManagementAndGeneralAmt |
| Fundraising | $11,923 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,943 | TotalAmt |
| Program Services | $34,482 | ProgramServicesAmt |
| Management And General | $611 | ManagementAndGeneralAmt |
| Fundraising | $1,850 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $230,016 | TotalAmt |
| Program Services | $170,632 | ProgramServicesAmt |
| Management And General | $56,912 | ManagementAndGeneralAmt |
| Fundraising | $2,472 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $166,956 | TotalAmt |
| Program Services | $74,726 | ProgramServicesAmt |
| Management And General | $88,743 | ManagementAndGeneralAmt |
| Fundraising | $3,487 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $510,834 | TotalAmt |
| Program Services | $250,993 | ProgramServicesAmt |
| Management And General | $259,427 | ManagementAndGeneralAmt |
| Fundraising | $414 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,332 | TotalAmt |
| Program Services | $127,538 | ProgramServicesAmt |
| Management And General | $22,746 | ManagementAndGeneralAmt |
| Fundraising | $4,048 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,192 | TotalAmt |
| Program Services | $7,325 | ProgramServicesAmt |
| Management And General | $4,929 | ManagementAndGeneralAmt |
| Fundraising | $12,938 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $960,040 | TotalAmt |
| Program Services | $960,040 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $191,497 | TotalAmt |
| Program Services | $191,497 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,362 | TotalAmt |
| Management And General | $41,362 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| PROGRAM INITIATIVES | $61,568 | $61,039 | $529 | |
| PROFESSIONAL DEVELOPMEN | $24,069 | $20,541 | $143 | $3,385 |
| MISCELLANEOUS | $23,076 | $20,200 | $40 | $2,836 |
| SMALL FURNITURE | $22,645 | $7,743 | $14,902 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,464,171 | TotalAmt |
| Program Services | $5,582,386 | ProgramServicesAmt |
| Management And General | $1,554,050 | ManagementAndGeneralAmt |
| Fundraising | $327,735 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $197,214 | BOYAmt |
| EOY | $2,683,603 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,231,352 | BOYAmt |
| EOY | $3,612,215 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,991,320 | BOYAmt |
| EOY | $7,784,330 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,239,898 | BOYAmt |
| EOY | $34,375,117 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,109 | BOYAmt |
| EOY | $164,368 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,539,555 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $463,169 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,962,834 | BOYAmt |
| EOY | $2,076,386 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,972,616 | BOYAmt |
| EOY | $12,639,170 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,627,343 | BOYAmt |
| EOY | $63,335,189 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,762,072 | BOYAmt |
| EOY | $332,903 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,684,484 | BOYAmt |
| EOY | $22,603,217 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,078,364 | BOYAmt |
| EOY | $7,175,483 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,593 | BOYAmt |
| EOY | $330,800 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,673,513 | BOYAmt |
| EOY | $30,442,403 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,208,570 | BOYAmt |
| EOY | $23,105,455 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,745,260 | BOYAmt |
| EOY | $9,787,331 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,953,830 | BOYAmt |
| EOY | $32,892,786 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,627,343 | BOYAmt |
| EOY | $63,335,189 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $417,372 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$2,478,416 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,789,714 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,029,320 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,623,990 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,452,259 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,226,572 | CurrentTaxYearAmt |
| Total | $33,121,855 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,789,714 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,029,320 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,623,990 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,452,259 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,226,572 | CurrentTaxYearAmt |
| Total | $33,121,855 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $7,770,940 | SubstantialContributorsTotAmt |
| Public Support Total170 | $25,350,915 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $883,850 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,195,149 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,160,953 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $827,076 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,239,018 | CurrentTaxYearAmt |
| Total | $5,306,046 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $786,657 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,616,300 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $295,589 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $49,833 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $76,007 | CurrentTaxYearAmt |
| Total | $2,824,386 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $41,252,287 | TotalSupportAmt |
| Public Support CY170 | 0.61450 | PublicSupportCY170Pct |
| Public Support PY170 | 0.58320 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $436,600 | OtherCostOrOtherBasisAmt |
| Book Value | $436,600 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,572,757 | OtherCostOrOtherBasisAmt |
| Depreciation | $413,839 | DepreciationAmt |
| Book Value | $1,158,918 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $530,198 | OtherCostOrOtherBasisAmt |
| Depreciation | $49,330 | DepreciationAmt |
| Book Value | $480,868 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,076,386 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DEFERRED FINANCING COSTS | $240,625 |
| BOND RECEIVABLE | $12,152,333 |
| DEPOSITS | $147,198 |
| DUE FROM SCHOOLS | $99,014 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $12,639,170 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO SCHOOLS | $228,200 |
| DEFERRED INCOME | $102,600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $330,800 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $8,771,792 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $890,249 | OtherRevenueAmt |
| Revenue Not Reported | $890,249 | RevenueNotReportedAmt |
| Revenue Subtotal | $7,881,543 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $7,881,543 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $10,832,836 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $3,368,665 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $3,368,665 | ExpensesNotReportedAmt |
| Expenses Subtotal | $7,464,171 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $7,464,171 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2016. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENT EXPENSE |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENT EXPENSE LOSS ON DISPOSAL OF FIXED ASSET CANCELLATION OF PLEDGES RECEIVABLE |
| SCHEDULE D PART XII, LINE 2D AND 4B | RENTAL INCOME IS SHOWN NET IN PART VIII. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| MATCH CHARTER PUBLIC SCHOOL | |||||||
| 215 FOREST HILLS ST | JAMAICA PLAIN | MA | 02130 | 043453891 | 501(C)(3) | $210,441 | TO SUPPORT THE MATCH CHARTER PUBLIC SCHOOL |
| THE CHARLES SPOSATO GRADUATE SCHOOL OF EDUCATION INC | |||||||
| 215 FOREST HILLS ST | JAMAICA PLAIN | MA | 02130 | 300639724 | 501(C)(3) | $550,000 | TO SUPPORT THE CHARLES SPOSATO GRADUATE SCHOOL OF EDUCATION, INC. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990 SCHEDULE I | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION REVIEWS EXPENDITURES INCURRED UNDER THE GRANT BY THE SCHOOLS. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| MATCH SCHOOL FOUNDATION ISSUE SERIES 2014A | |||||||
| A | 043431814 | 2014-08-21 | $4,000,000 | TO FUND CAPITAL PROJECTS | 0 | 0 | 0 |
| MATCH SCHOOL FOUNDATION ISSUE SERIES 2014B | |||||||
| B | 043431814 | 2014-08-21 | $18,000,000 | TO FUND CAPITAL PROJECTS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|
| A | $4,000,000 | $71,851 | $220,000 | $3,708,149 | 2015 | 0 | 0 | Yes (1) | Yes (1) |
| B | $17,938,931 | $123,611 | $220,000 | $17,595,320 | 2015 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II LINE 3 | FormAndLineReferenceDesc |
| Explanation | UNDER THE SERIES 2014B BOND, THE FOUNDATION HAS ACCESS OF UP TO $18 MILLION BUT HAS ONLY DRAWN DOWN ON $17,938,931 AS OF JUNE 30, 2016. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DENISE BLUMENTHAL | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | BOARD MEMBER | RelationshipDescriptionTxt |
| Transaction | $6,986 | TransactionAmt |
| Transaction | CONTRACTED SERVICES | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND GENERAL COUNSEL, THEN IS PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION REGULARLY MONITORS CONFLICTS OF INTEREST THROUGH BOARD MEMBER DISCLOSURE SIGNOFFS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION HAS ITS OWN COMPENSATION COMMITTEE, COMPRISED OF MEMBERS OF ITS BOARD OF DIRECTORS, THAT ANNUALLY MEETS TO COMPLETE PERFORMANCE EVALUATIONS AND MAKE SALARY DECISIONS FOR THE PRESIDENT AND CEO. |
| FORM 990, PART VI, SECTION C, LINE 19 | INDIVIDUAL REQUESTS ARE ADDRESSED ON A CASE-BY-CASE BASIS. |
| FORM 990, PART XI, LINE 9: | LOSS ON DISPOSAL -41,521. CANCELLATION OF PLEDGES RECEIVABLE -2,436,895. |
| FORM 990, PART XII, LINE 2C | THE FOUNDATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. |
| FORM 990, PART VII | STIG LESCHLY, THE PRESIDENT AND CEO (LESCHLY), IS NOT COMPENSATED BY THE ORGANIZATION. LESCHLY IS COMPENSATED BY MATCH CHARTER PUBLIC SCHOOL (THE SCHOOL), WHICH IS UNRELATED TO THE ORGANIZATION, AS THE CEO OF THE SCHOOL, FOR PROVIDING SERVICES TO THE SCHOOL. THE SCHOOL HAS A DISTINCT INSTITUTIONAL INTEREST IN HAVING LESCHLY SERVE AS SENIOR MANAGER AND OFFICER OF THE ORGANIZATION, AND REQUIRES LESCHLY TO SERVE AS PRESIDENT AND CEO OF THE ORGANIZATION AS PART OF HIS SERVICES TO THE SCHOOL. |
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