SOCIAL VENTURE PARTNERS BOSTON: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- SOCIAL VENTURE PARTNERS BOSTON (EIN 45-4230249)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-07-29
- IRS object ID
- 201312109349300426
- Schema version
- 2012v2.1
- 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) |
|---|---|---|
| Timestamp | 2013-07-29T11:59:30-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 431985162 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITH SULLIVAN & COMPANY PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 FLANDERS ROAD - SUITE 200 | AddressLine1 |
| City | WESTBOROUGH | City |
| State | MA | State |
| ZIP Code | 01581 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 454230249 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOCIAL VENTURE PARTNERS BOSTON INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SOCI | NameControl |
| Phone | 6173123772 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 CONCORD STREET | AddressLine1 |
| City | CHARLESTOWN | City |
| State | MA | State |
| ZIP Code | 02129 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARJORIE RINGROSE | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 6173123772 | Phone |
| Date Signed | 2013-07-29 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LINDA M SMITH CPA | Name |
| PTIN | P00316105 | PTIN |
| Phone | 5088717178 | Phone |
| Date Prepared | 2013-07-18 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Initial Return | X | InitialReturn |
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SVP BOSTON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MARJORIE RINGROSE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 CONCORD STREET | AddressLine1 |
| City | CHARLESTOWN | City |
| State | MA | State |
| ZIP Code | 02129 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 283587 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.SVPBOSTON.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2012 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | SVP 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 6 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 283431 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Current Year | 151 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 5 | OtherRevenueCurrentYear |
| Total Revenue Current Year | 283587 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 59602 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Current Year | 66795 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 15326 | TotalFundrsngExpCurrentYear |
| Other Expenses Current Year | 35293 | OtherExpensesCurrentYear |
| Total Expenses Current Year | 161690 | TotalExpensesCurrentYear |
| Revenues Less Expenses CY | 121897 | RevenuesLessExpensesCY |
| Total Assets EOY | 153808 | TotalAssetsEOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances EOY | 153808 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SVP 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 80679 | Expense |
| Grants | 59602 | Grants |
| Revenue | 0 | Revenue |
| Description | GRANTMAKING: TO HELP ITS PORTFOLIO OF CAREFULLY SELECTED NON-PROFITS 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. FOR THE 2012 PERIOD REPORTED HERE, SVP BOSTON AWARDED $140,000 IN GENERAL OPERATING SUPPORT GRANTS TO FOUR NONPROFITS. THESE GRANTS WERE MADE THROUGH SVP BOSTON DIRECTLY AND THROUGH THE BOSTON FOUNDATION ON BEHALF OF SVP BOSTON. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 22808 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | NONPROFIT CAPACITY BUILDING: 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 VOLUNTEER EXPERTISE SVP BOSTON BRINGS IS STRATEGIC BUSINESS COUNSEL, OFFERING GUIDANCE IN AREAS SUCH AS STRATEGIC PLANNING, GROWTH AND REPLICATION, HUMAN RESOURCES, MARKETING AND COMMUNICATIONS AND SUCH. IN 2012, SVP BOSTON ESTIMATES THAT ITS PARTNERS DONATED APPROXIMATELY 1,350 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 $202,500. THIS AMOUNT OF IN-KIND SERVICES IS NOT INCLUDED AS A PROGRAM EXPENSE IN THE NUMBERS REPORTED ON THIS FORM 990. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 23345 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | PARTNER EDUCATION: IN ADDITION TO PROVIDING GRANTS AND VOLUNTEER EXPERTISE TO CAREFULLY SELECTED NONPROFITS, SVP BOSTON SEEKS TO DEVELOP EFFECTIVE PHILANTHROPY IN THE BOSTON AREA. IT DOES SO BY EDUCATING ITS PARTNERS TO BE INFORMED, EFFECTIVE, LIFE-LONG PHILANTHROPISTS. SVP BOSTON EDUCATES ITS PARTNERS ON ISSUES SUCH AS GRANTMAKING, SECTORAL ISSUES, NONPROFIT MANAGEMENT, AND SUCH THROUGH FORUMS, PANEL DISCUSSIONS, AND EVENTS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 126832 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 2 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 2 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 6 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARJORIE RINGROSE EXECUTIVE DIRECTOR | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6173123772 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 CONCORD STREET | AddressLine1 |
| City | CHARLESTOWN | City |
| State | MA | State |
| ZIP Code | 02129 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (7 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| STEFANIA MALLETT | ||||||
| PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| DAN ROSS | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| PATRICIA HINCHEY | ||||||
| CLERK | 1.00 | X | X | 0 | 0 | 0 |
| CHARLENE HYLE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| NATHAN SANDERS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| SANDRA LIPSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARJORIE RINGROSE | ||||||
| EXECUTIVE DIRECTOR | 50.00 | X | 60500 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 60500 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Membership Dues | 283431 | MembershipDues |
| Total Contributions | 283431 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 151 | TotalRevenueColumn |
| Exclusion | $151 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 5 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 5 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 283587 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $151 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59602 | Total |
| Program Services | 59602 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60500 | Total |
| Program Services | 39325 | ProgramServices |
| Management And General | 9075 | ManagementAndGeneral |
| Fundraising | 12100 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1142 | Total |
| Program Services | 172 | ProgramServices |
| Management And General | 970 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5153 | Total |
| Program Services | 3352 | ProgramServices |
| Management And General | 772 | ManagementAndGeneral |
| Fundraising | 1029 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8037 | Total |
| Program Services | 3687 | ProgramServices |
| Management And General | 3895 | ManagementAndGeneral |
| Fundraising | 455 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3262 | Total |
| Program Services | 1048 | ProgramServices |
| Management And General | 1864 | ManagementAndGeneral |
| Fundraising | 350 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3988 | Total |
| Program Services | 2592 | ProgramServices |
| Management And General | 598 | ManagementAndGeneral |
| Fundraising | 798 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1993 | Total |
| Program Services | 1295 | ProgramServices |
| Management And General | 299 | ManagementAndGeneral |
| Fundraising | 399 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MEMBERSHIP DUES/FEES | 8800 | 7920 | 880 | |
| EVENTS EXPENSE | 6780 | 6585 | 195 | |
| PROFESSIONAL DEVELOPMEN | 1213 | 998 | 215 | |
| MISCELLANEOUS | 964 | 964 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 256 | Total |
| Program Services | 256 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 161690 | Total |
| Program Services | 126832 | ProgramServices |
| Management And General | 19532 | ManagementAndGeneral |
| Fundraising | 15326 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 153808 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 153808 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 153808 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 153808 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 153808 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 121897 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 31911 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 1 | AccountantCompileOrReview |
Accountant Compile Or Review Basis AccountantCompileOrReviewBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | 0 | FSAudited |
| Audit Committee | 0 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 283431 | CurrentTaxYear |
| Total | 283431 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 283431 | CurrentTaxYear |
| Total | 283431 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 12984 | AmountsSubstContributorsTotal |
| Public Support Total170 | 270447 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 151 | CurrentTaxYear |
| Total | 151 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 5 | CurrentTaxYear |
| Total | 5 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 283587 | TotalSupport |
| First5 Years170 | X | First5Years170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
| Footnote In Part XIII | X | FootnoteInPartXIII |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X, LINE 2: | ReturnReference |
| Explanation | TAX POSITION: THE ORGANIZATION CURRENTLY EVALUATES ALL TAX POSITIONS, AND MAKES A DETERMINATION REGARDING THE LIKELIHOOD OF THOSE POSITIONS BEING UPHELD UNDER REVIEW. THE PRIMARY TAX POSITIONS MADE BY THE ORGANIZATION ARE THE EXISTENCE OF UNRELATED BUSINESS INCOME TAX AND THE ORGANIZATION'S STATUS AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FOR THE PERIOD PRESENTED, THE ORGANIZATION HAS NOT RECOGNIZED ANY TAX BENEFITS OR LOSS CONTINGENCIES FOR UNCERTAIN TAX POSITIONS BASED ON THIS EVALUATION. THE ORGANIZATION WAS GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE EFFECTIVE JANUARY 1, 2012. AS OF THE DATE OF THESE FINANCIAL STATEMENTS, THE ORGANIZATION HAS NOT FILED THEIR INITIAL TAX FILINGS; THEREFORE, THERE ARE NO OPEN PERIODS SUBJECT TO EXAMINATION BY TAX AUTHORITIES. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Recipient Table RecipientTable (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| RAR-MA INC | |||||||
| 9B HAMILTON PLACE 3RD FLOOR | BOSTON | MA | 02108 | 800297898 | 501(C)(3) | 39602 | GENERAL OPERATING SUPPORT |
| COMPASS WORKING CAPITAL INC | |||||||
| 89 SOUTH STREET 203 | BOSTON | MA | 02111 | 203975100 | 501(C)(3) | 20000 | GENERAL OPERATING SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 2 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: SVP 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 AND FULL PARTNERSHIP, WHICH ELECTS WHETHER TO RENEW SUPPORT. UPON A RENEWAL DECISION, ADDITIONAL GRANTS ARE MADE, SUBJECT TO THE SAME MONITORING AND REPORTING REQUIREMENTS. IN 2012, SVP BOSTON GAVE A TOTAL OF $140,000 IN GRANTS. $80,398 WERE THROUGH THE BOSTON FOUNDATION ON SVP BOSTON'S BEHALF AND $59,602 WERE GRANTED DIRECTLY THROUGH SVP BOSTON. GRANTS WENT TO: $35,000 TO INNERCITY WEIGHTLIFTING $25,000 TO MATHPOWER $45,000 TO RAISING A READER MA $35,000 TO COMPASS WORKING CAPITAL | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 7B | MEMBERS VOTE ON THE ANNUAL BUDGET AND ON THE BOARD MEMBERSHIP | |
| FORM 990, PART VI, SECTION A, LINE 8B | N/A | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 PRIOR TO ITS FILING. THE FORM 990 IS THEN AUTHORIZED AND SIGNED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE 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 15A | ON 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, WHICH ARE ACCESSIBLE BY ALL SVP PARTNERS. BOARD MEMBERS AND OFFICERS OF THE CORPORATION RECEIVE NO COMPENSATION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | UPON REQUEST | |
| FORM 990, PART XI, LINE 9: | OPENING BALANCE 100. TRANSFER OF FUNDS HELD BY FISCAL SPONSOR 31,811. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| SVP BOSTON RECEIVED ITS TAX EXEMPT STATUS ON APRIL 28, 2012. PRIOR TO THAT, SVP BOSTON OPERATED AS A DONOR ADVISED FUND AT THE BOSTON FOUNDATION WITH FISCAL SPONSORSHIP THROUGH THE PHILANTHROPIC INITIATIVE. THE ACTIVITY REPRESENTED HERE REFLECTS ACTIVITY CONDUCTED DIRECTLY THROUGH SVP BOSTON AND DOES NOT INCLUDE ACTIVITY CONDUCTED ON BEHALF OF SVP BOSTON THROUGH THE BOSTON FOUNDATION/THE PHILANTHROPIC INITIATIVE. |
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