NEWBURYPORT EDUCATION FOUNDATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- NEWBURYPORT EDUCATION FOUNDATION (EIN 04-3583906)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-10-17
- IRS object ID
- 201112909349300906
- Schema version
- 2010v3.4
- 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 | 2011-10-17T09:03:05-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Riley & Associates PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 157 | AddressLine1 |
| City | Newburyport | City |
| State | MA | State |
| ZIP Code | 019500157 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043583906 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Newburyport Education Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEWB | NameControl |
| Phone | 9784623136 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1002 | AddressLine1 |
| City | Newburyport | City |
| State | MA | State |
| ZIP Code | 019506002 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Wendy Gus | Name |
| Title | Treasurer | Title |
| Phone | 9784623136 | Phone |
| Date Signed | 2011-10-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Karen Hodge CPA | Name |
| Phone | 9784639350 | Phone |
| Date Prepared | 2011-10-11 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Wendy Gus | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1002 | AddressLine1 |
| City | Newburyport | City |
| State | MA | State |
| ZIP Code | 019506002 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 289854 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.newburyportEF.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2000 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | The Newburyport Education Foundation Inc. was established in 2001 by a group of parents, teachers, business leaders and concerned citizens whose goal was to bring philanthropy to the Newburyport Public Schools and to enhance educational opportunities for the city's public school children. The goal of the Foundation is to supplement funding for programs which are already supported by public financing at a basic level, but which can be substantially improved by additional private sector financing, and to finance programs that might not receive funding from traditional sources such as the district budget or state aid. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 25 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 25 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 67841 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 134268 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 8940 | InvestmentIncomePriorYear |
| Investment Income Current Year | 8630 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 70724 | OtherRevenuePriorYear |
| Other Revenue Current Year | 109619 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 147505 | TotalRevenuePriorYear |
| Total Revenue Current Year | 252517 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 19459 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 7210 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 26566 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 2460 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 6284 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 148918 | OtherExpensePriorYear |
| Other Expenses Current Year | 183256 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 158588 | TotalExpensesPriorYear |
| Total Expenses Current Year | 229281 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -11083 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 23236 | RevenuesLessExpensesCY |
| Total Assets BOY | 603057 | TotalAssetsBOY |
| Total Assets EOY | 660715 | TotalAssetsEOY |
| Total Liabilities BOY | 1155 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2318 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 601902 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 658397 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | The mission of the Newburyport Education Foundation is to bring philanthropy into the Newburyport Public Schools and generate financial resources that will enhance the quality of public education. The Foundation was formed to enhance educational opportunities for the city's public school children; the goal to supplement funding for programs which are already supported by public ffinancing at a basic level, but which can be substantially improved by additional private sector financing, and to finance programs that might not receive funding from traditional sources such as the district budget of state aid. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 133264 | Expense |
| Description | Newburport Education Foundation continues the quest, started in their first campaign, to enable regular replacement and upgrade of technology resources, as well as build toward meeting state technology benchmarks for all schools. Three separate projects fall into this category: 1)Visual Literacy which will update software and equipment for digital and film photography at the high school level; 2) Assessment Technologies which will enable teachers to get more immediate feedback about student progress at the middle and high school levels; and 3) Technology for Science which will replace aged laptops in the high schools shared science labs to enable the continued use of state-of-the-art software applications. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 37456 | Expense |
| Revenue | 16000 | Revenue |
| Description | The Newburyport Education Foundation Inc. has raised funds to support a three year membership in a Virtual High School (VHS). This non-profit, national collaboration of high schools allows students to a wide variety of courses online. Courses are taught by certified high school teachers across the country, and student progress is monitored locally. This program will enrich Newburyport High School students (approximately 760 students) with a variety of for credit course offerings that are difficult for a small school to offer. Newburyport High School will be able to choose from teh 241 courses and 28 Advanced Placement courses offered to enable Newburyport High School to be competitive with other schools. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 19459 | Expense |
| Revenue | 44108 | Revenue |
| Description | The NEF Business Coalition strives to maintain strong links and ongoing collaboration between our community's businesses and our schools educators. These collaborations support and enrich our schools curricular objectives through activities such as development and funding of business partnership grants, internships, classroom speaking engagements, involvement in school projects/events, company site visits, and more. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1000 | Expense |
| Description | The NEF provided additional funding to the high school library. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 1000 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 191179 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| 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 | 1 | 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 | 1 | 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 | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | 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 |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 1 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 1 | 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 | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| 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 | 25 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 25 | 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 | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | 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 | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wendy Gus | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9784630405 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 141 Old Point Rd | AddressLine1 |
| City | Newburyport | City |
| State | MA | State |
| ZIP Code | 01950 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (25 entries)
| TitleTitle | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|
| Mark Wright | |||||
| President | X | X | 0 | 0 | 0 |
| John Elwell | |||||
| Vice President | X | X | 0 | 0 | 0 |
| Wendy Gus | |||||
| Treasurer | X | X | 0 | 0 | 0 |
| Cindy Johnson | |||||
| Clerk | X | X | 0 | 0 | 0 |
| Sue Christ | |||||
| Director | X | 0 | 0 | 0 | |
| Marlen Clark | |||||
| Director | X | 0 | 0 | 0 | |
| BlakeLee Greene | |||||
| Director | X | 0 | 0 | 0 | |
| Zach Longley | |||||
| Director | X | 0 | 0 | 0 | |
| Peter de Maranville | |||||
| Director | X | 0 | 0 | 0 | |
| David Kipp | |||||
| Director | X | 0 | 0 | 0 | |
| Jennifer Grinnings | |||||
| Director | X | 0 | 0 | 0 | |
| Graciela Cummins | |||||
| Director | X | 0 | 0 | 0 | |
| Kristina Davis | |||||
| Director | X | 0 | 0 | 0 | |
| Jeffrey Gray | |||||
| Director | X | 0 | 0 | 0 | |
| Kathy Hordon | |||||
| Director | X | 0 | 0 | 0 | |
| Tracey Hurst | |||||
| Director | X | 0 | 0 | 0 | |
| Jay Iannini | |||||
| Director | X | 0 | 0 | 0 | |
| Marc Kerble | |||||
| Director | X | 0 | 0 | 0 | |
| Meghan Kinsey | |||||
| Director | X | 0 | 0 | 0 | |
| Kellie Nieves | |||||
| Director | X | 0 | 0 | 0 | |
| Ray Nippes | |||||
| Director | X | 0 | 0 | 0 | |
| Meredith Sanborn | |||||
| Director | X | 0 | 0 | 0 | |
| Beth Simkins | |||||
| Director | X | 0 | 0 | 0 | |
| Stephanie Weaver | |||||
| Director | X | 0 | 0 | 0 | |
| Jody Fraser | |||||
| Director | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | 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 |
| All Other Contributions | 134268 | AllOtherContributions |
| Total Contributions | 134268 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8630 | TotalRevenueColumn |
| Exclusion | $8,630 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 146956 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 37337 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 109619 | TotalRevenueColumn |
| Exclusion | $109,619 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 252517 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $118,249 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10108 | Total |
| Program Services | 10108 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9351 | Total |
| Program Services | 9351 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26566 | Total |
| Management And General | 21253 | ManagementAndGeneral |
| Fundraising | 5313 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2590 | Total |
| Management And General | 2590 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1860 | Total |
| Management And General | 889 | ManagementAndGeneral |
| Fundraising | 971 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1285 | Total |
| Management And General | 1285 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| Technology | 113683 | 113683 | |
| Virtual High School | 37456 | 37456 | |
| Photo Labs | 10973 | 10973 | |
| Assessment Technology | 6832 | 6832 | |
| Printing and Mailing | 3554 | 3554 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5023 | Total |
| Program Services | 2776 | ProgramServices |
| Management And General | 2247 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 229281 | Total |
| Program Services | 191179 | ProgramServices |
| Management And General | 31818 | ManagementAndGeneral |
| Fundraising | 6284 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 252756 | BOY |
| EOY | 295925 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 70000 | BOY |
| EOY | 60000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22573 | BOY |
| EOY | 9988 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 1000 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 257728 | BOY |
| EOY | 293802 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 603057 | BOY |
| EOY | 660715 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1155 | BOY |
| EOY | 2318 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1155 | BOY |
| EOY | 2318 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 509171 | BOY |
| EOY | 542793 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92731 | BOY |
| EOY | 115604 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 601902 | BOY |
| EOY | 658397 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 603057 | BOY |
| EOY | 660715 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 23236 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 33259 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 0 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 731744 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 667696 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 282692 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 67841 | CurrentTaxYearMinus1Year |
| Current Tax Year | 134268 | CurrentTaxYear |
| Total | 1884241 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 46941 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 40372 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 79678 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 70724 | CurrentTaxYearMinus1Year |
| Current Tax Year | 109619 | CurrentTaxYear |
| Total | 347334 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 778685 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 708068 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 362370 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 138565 | CurrentTaxYearMinus1Year |
| Current Tax Year | 243887 | CurrentTaxYear |
| Total | 2231575 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 2231575 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14283 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 14517 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 11424 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8940 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8630 | CurrentTaxYear |
| Total | 57794 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14283 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 14517 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 11424 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8940 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8630 | CurrentTaxYear |
| Total | 57794 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 792968 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 722585 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 373794 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 147505 | CurrentTaxYearMinus1Year |
| Current Tax Year | 252517 | CurrentTaxYear |
| Total | 2289369 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.97480 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.97380 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.02520 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.02620 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
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 |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Investments | Description |
| Book Value | 293802 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 293802 | TotalOfBookValueSecurities |
| Total Revenue | 252517 | TotalRevenue |
| Total Expenses | 229281 | TotalExpenses |
| Excess Or Deficit For Year | 23236 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 33259 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 33259 | TotalAdjustments |
| Excess Or Deficit Per FS | 56495 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 327913 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 33259 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 4800 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 37337 | OtherRevenues |
| Revenue Not Rptd F990 | 75396 | RevenueNotRptdF990 |
| Revenue Subtotal | 252517 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 252517 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 271418 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 4800 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 37337 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 42137 | ExpensesNotRptdF990 |
| Expenses Subtotal | 229281 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 229281 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Uncertain Tax Positions Under FIN 48: | Part X: | The Foundation has adopted FASB ASC 740 (formerly known as FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes), with no cumulative effect adjustment. The Foundation evaluates all significant tax positions as required by generally accepted accounting principles in the United States. As of December 31, 2010, the Foundation does not believe that it has taken any tax positions that would require the recording of any additional tax liability. The Foundations tax returns are subject to examination by taxing authorities generally for three years after they were filed. |
| Direct Fundraising Expenses in the amount of $37,337is deducted from gross fundraising income on the Statement of Revenue in Part VIII on the 990. This amount is not included in gross income on the audited financial statements. This amount of $37,337 is included in expenses per the auditied financial statements but not included in Part IX Statement of Functional Expenses on the 990. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Lighthouse Auction | NameOfEvent1 |
| Gross Receipts Event1 | 46557 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 46557 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 475 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 1566 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 7334 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Golf Tournament | NameOfEvent2 |
| Gross Receipts Event2 | 39292 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 39292 | GrossRevenueEvent2 |
| Non Cash Prizes Event2 | 2002 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 18273 | RentFacilityCostsEvent2 |
| Other Direct Expenses Event2 | 576 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 60907 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 60907 | GrossRevenueOtherEvents |
| Rent Facility Costs Other Events | 739 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 415 | FoodAndBeverageOtherEvents |
| Other Direct Expenses Other Events | 5957 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 146756 | GrossReceiptsTotal |
| Gross Revenue Total Events | 146756 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 2002 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 19487 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 1981 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 13867 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 37337 | DirectExpenseSummaryEvents |
| Net Income Summary | 109419 | NetIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Gaming Rec Keeper Person | Wendy Gus | NameOfGamingRecKeeperPerson |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1002 | AddressLine1 |
| City | Newburyport | City |
| State | MA | State |
| ZIP Code | 01950 | ZIPCode |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Newburyport Public Schools | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 Low Street | AddressLine1 |
| City | Newburyport | City |
| State | MA | State |
| ZIP Code | 01950 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Of Cash Grant | 10000 | AmountOfCashGrant |
| Purpose Of Grant | Technology Club Program | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Classroom assistance in the Newburport Public Schools upon teacher's request for grant. | TypeOfGrant |
| Number Of Recipients | 8 | NumberOfRecipients |
| Amount Of Cash Grant | 9351 | AmountOfCashGrant |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | A copy of the 990 is provided to the governing board for review prior to its filing. | |
| If an issue is to be decided by the Board that involves potential conflict of interest for a Board Member, it is the responsiblility of the Board Member to : Identify the potential conflict of interest; not participate in discussion of the program or motion being considered; and not vote on the issue. | Form 990, Part VI, Section B, line 12c | |
| The Organization makes its annual reports and financial statements available to the public on its website. In addition, all governing documents, policies and financial statements are available upon request. | Form 990, Part VI, Section C, line 19 | |
| Changes in Net Assets or Fund Balances: | Net unrealized gains on investments: 33,259. | Form 990, Part XI, line 5: |
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