ACTION CENTER FOR COLLEGE EDUCATIONAL: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- ACTION CENTER FOR COLLEGE EDUCATIONAL (EIN 04-3564307)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-13
- IRS object ID
- 201121339349301627
- Schema version
- 2009v1.7
- 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 | 2011-05-13T10:27:04-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Samet & Company PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 Boylston Street | AddressLine1 |
| City | Chestnut Hill | City |
| State | MA | State |
| ZIP Code | 024672111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043564307 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Action Center For College Educational | BusinessNameLine1 |
| Business Name Line2 | Services and Scholarships Foundation | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ACTI | NameControl |
| Phone | 6177787195 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 31 St James Avenue No 520 | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Bob Giannino-Racine | Name |
| Title | CHIEF EXECUTIVE OFFICER | Title |
| Phone | 6177787195 | Phone |
| Date Signed | 2011-05-10 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Paul Ford CPA | Name |
| Phone | 6177311222 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Bob Giannino-Racine | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 31 St James Avenue Suite 520 | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2121886 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.ACCESSEDU.ORG | WebSite |
| Type Of Organization Trust | X | TypeOfOrganizationTrust |
| Year Formation | 2007 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | Access works to ensure that all young people have the financial information and resources necessary to find an affordable path to - and through - a postsecondary education. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 26 | TotalNbrEmployees |
| Total Nbr Volunteers | 2 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1923915 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1586340 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 495126 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 23119 | InvestmentIncomePriorYear |
| Investment Income Current Year | 19219 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -144985 | OtherRevenuePriorYear |
| Other Revenue Current Year | -100059 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1802049 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2000626 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 412140 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 555969 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 887974 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1362654 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 301255 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 358476 | OtherExpensePriorYear |
| Other Expenses Current Year | 504228 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1658590 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2422851 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 143459 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -422225 | RevenuesLessExpensesCY |
| Total Assets BOY | 1263694 | TotalAssetsBOY |
| Total Assets EOY | 1214204 | TotalAssetsEOY |
| Total Liabilities BOY | 146464 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 464891 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1117230 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 749313 | NetAssetsOrFundBalancesEOY |
| Mission Description | Access works to ensure that all young people have the financial information and resources necessary to find an affordable path to - and through - a postsecondary education. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1043590 | Expense |
| Revenue | 378376 | Revenue |
| Description | Working in coordination with guidance counselors, ACCESS provides in-school college financial aid advising to literally thousands of high school seniors in Boston and Springfield, Massachusetts. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 555969 | Expense |
| Revenue | 116750 | Revenue |
| Description | ACCESS provides need-based scholarships to approximately 466 graduates of Boston and Springfield high schools, who are now attending college. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 347863 | Expense |
| Description | ACCESS provides college financial aid advising services in the ACCESS offices outside of regular school hours, a program about college affordability aimed at students in their early high school years, college access programs for other community groups and college access organizations, and programs helping students complete their college educations by helping them deal with financial aid and affordability issues while attending college. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 1947422 | 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 | 1 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| 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 | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | 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 |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 5 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 26 | 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 |
| Nbr Voting Governing Body Members | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | 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 | 0 | 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 | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | 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 | WILLIAM STONE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6177787195 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 31 St James Ave Suite 520 | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Highest Compensated EmployeeHighestCompensatedEmployee | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|---|
| Robert Giannino-Racine | |||||||
| Chief Executive Officer | 55.00 | X | X | 135309 | 0 | 0 | |
| David Hadden JR | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Jeffrey F Jones | |||||||
| TRUstee | 3.00 | X | 0 | 0 | 0 | ||
| Rashaun Martin | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Patricia Meservey | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| J Dennis Morgan | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| J Keith Motley | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Kathryn Plazak | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Mandy Savitz-Romer | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Karen Schwartzman | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Ruth Shane | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| C Mark Vasu | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Jennifer Weiner | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Megan Zug | |||||||
| TRUstee | 3.00 | X | 0 | 0 | 0 | ||
| James Morton | |||||||
| trustee | 3.00 | X | 0 | 0 | 0 | ||
| Maria Dwyer | |||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | ||
| Peggy Kemp | |||||||
| trustee | 3.00 | X | 0 | 0 | 0 | ||
| Bill McClements | |||||||
| trustee | 3.00 | X | 0 | 0 | 0 | ||
| Laurie Thomsen | |||||||
| trustee | 3.00 | X | 0 | 0 | 0 | ||
| ALEXANDER PACKARD | |||||||
| TRUStee | 3.00 | X | 0 | 0 | 0 | ||
| Alastair Adam | |||||||
| Chair | 3.00 | 0 | 0 | 0 | X | ||
| Mary Jo Meisner | |||||||
| Secretary | 3.00 | 0 | 0 | 0 | X | ||
| Scott Aldsworth | |||||||
| Treasurer | 3.00 | 0 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 135309 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 312586 | FundraisingEvents |
| All Other Contributions | 1273754 | AllOtherContributions |
| Total Contributions | 1586340 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SPRINGFIELD PROMISE PR | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 474000 | TotalRevenueColumn |
| Related Or Exempt Function Income | 474000 | RelatedOrExemptFunctionIncome |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21126 | TotalRevenueColumn |
| Related Or Exempt Function Income | 21126 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 495126 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 20816 | TotalRevenueColumn |
| Exclusion | $20,816 | ExclusionAmount |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 1597 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -1597 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1597 | TotalRevenueColumn |
| Exclusion | -$1,597 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 19604 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 312586 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 119663 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -100059 | TotalRevenueColumn |
| Exclusion | -$100,059 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2000626 | TotalRevenueColumn |
| Related Or Exempt Function Income | 495126 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$80,840 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 555969 | Total |
| Program Services | 555969 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 135309 | Total |
| Program Services | 50669 | ProgramServices |
| Management And General | 13531 | ManagementAndGeneral |
| Fundraising | 71109 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1004079 | Total |
| Program Services | 824381 | ProgramServices |
| Management And General | 87875 | ManagementAndGeneral |
| Fundraising | 91823 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33710 | Total |
| Program Services | 25890 | ProgramServices |
| Management And General | 3000 | ManagementAndGeneral |
| Fundraising | 4820 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100670 | Total |
| Program Services | 77315 | ProgramServices |
| Management And General | 8960 | ManagementAndGeneral |
| Fundraising | 14395 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88886 | Total |
| Program Services | 68264 | ProgramServices |
| Management And General | 7911 | ManagementAndGeneral |
| Fundraising | 12711 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17000 | Total |
| Management And General | 17000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 95875 | Total |
| Program Services | 49075 | ProgramServices |
| Management And General | 3693 | ManagementAndGeneral |
| Fundraising | 43107 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18591 | Total |
| Program Services | 14277 | ProgramServices |
| Management And General | 1655 | ManagementAndGeneral |
| Fundraising | 2659 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37142 | Total |
| Program Services | 28525 | ProgramServices |
| Management And General | 3306 | ManagementAndGeneral |
| Fundraising | 5311 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43396 | Total |
| Program Services | 22213 | ProgramServices |
| Management And General | 1671 | ManagementAndGeneral |
| Fundraising | 19512 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 132939 | Total |
| Program Services | 106352 | ProgramServices |
| Management And General | 11963 | ManagementAndGeneral |
| Fundraising | 14624 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44609 | Total |
| Program Services | 34260 | ProgramServices |
| Management And General | 3970 | ManagementAndGeneral |
| Fundraising | 6379 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8137 | Total |
| Program Services | 6249 | ProgramServices |
| Management And General | 724 | ManagementAndGeneral |
| Fundraising | 1164 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26227 | Total |
| Program Services | 20143 | ProgramServices |
| Management And General | 2334 | ManagementAndGeneral |
| Fundraising | 3750 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7965 | Total |
| Program Services | 6117 | ProgramServices |
| Management And General | 709 | ManagementAndGeneral |
| Fundraising | 1139 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| telephone AND INTERNET | 28859 | 24409 | 1707 | 2743 |
| Recruiting and Staff De | 24273 | 17960 | 2683 | 3630 |
| Fees and Dues | 6824 | 5241 | 607 | 976 |
| Software | 5110 | 3924 | 455 | 731 |
| Miscellaneous | 4347 | 3338 | 388 | 621 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2934 | Total |
| Program Services | 2851 | ProgramServices |
| Management And General | 32 | ManagementAndGeneral |
| Fundraising | 51 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2422851 | Total |
| Program Services | 1947422 | ProgramServices |
| Management And General | 174174 | ManagementAndGeneral |
| Fundraising | 301255 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89869 | BOY |
| EOY | 6979 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 387393 | BOY |
| EOY | 22006 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 150000 | BOY |
| EOY | 167888 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 189967 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3983 | BOY |
| EOY | 2115 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 110808 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 58324 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40152 | BOY |
| EOY | 52484 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 551003 | BOY |
| EOY | 731471 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41294 | BOY |
| EOY | 41294 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1263694 | BOY |
| EOY | 1214204 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13881 | BOY |
| EOY | 97803 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 30000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 132583 | BOY |
| EOY | 337088 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 146464 | BOY |
| EOY | 464891 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 149433 | BOY |
| EOY | 21516 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 10000 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 967797 | BOY |
| EOY | 717797 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1117230 | BOY |
| EOY | 749313 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1263694 | BOY |
| EOY | 1214204 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | 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 Minus2 Years | 2805822 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1431535 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1586340 | CurrentTaxYear |
| Total | 5823697 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 495126 | CurrentTaxYear |
| Total | 495126 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 2805822 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1431535 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2081466 | CurrentTaxYear |
| Total | 6318823 | 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 | 6318823 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 72353 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 41435 | CurrentTaxYearMinus1Year |
| Current Tax Year | 20816 | CurrentTaxYear |
| Total | 134604 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 72353 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 41435 | CurrentTaxYearMinus1Year |
| Current Tax Year | 20816 | CurrentTaxYear |
| Total | 134604 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 2878175 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1472970 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2102282 | CurrentTaxYear |
| Total | 6453427 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| First5 Years509 | X | First5Years509 |
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) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Beginning Balance | 0 | BeginningBalance |
| Additions During Year | 50000 | AdditionsDuringYear |
| Distributions During Year | 20000 | DistributionsDuringYear |
| Ending Balance | 30000 | EndingBalance |
| Included On FS | 1 | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 967797 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 54308 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 250000 | GrantsOrScholarships |
| Other Expenditures | 54308 | OtherExpenditures |
| End Of Year Balance | 717797 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 967797 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 20736 | InvestmentEarningsOrLosses |
| Other Expenditures | 20736 | OtherExpenditures |
| End Of Year Balance | 967797 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 110808 | OtherCostOrOtherBasis |
| Depreciation | 58324 | Depreciation |
| Book Value | 52484 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 52484 | TotalOfBookValueLandBuildings |
| Total Revenue | 2000626 | TotalRevenue |
| Total Expenses | 2422851 | TotalExpenses |
| Excess Or Deficit For Year | -422225 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 54308 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 54308 | TotalAdjustments |
| Excess Or Deficit Per FS | -367917 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 2174597 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 54308 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 54308 | RevenueNotRptdF990 |
| Revenue Subtotal | 2120289 | RevenueSubtotal |
| Other Revenues Not Included | -119663 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -119663 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 2000626 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2542514 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 119663 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 119663 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2422851 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2422851 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Part IV, Line 2b: | THE ORGANIZATION RECEIVED A GRANT ON BEHALF OF ANOTHER NON-PROFIT. THE ENDING BALANCE REPRESENTS FUNDS NOT YET DISTRIBUTED TO THE NON-PROFIT. |
| Part XII, Line 4b - Other Adjustments: | Direct Expenses Special Event |
| Part XIII, Line 2d - Other Adjustments: | direct expenses special event |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | KARYN WILSON | NameOfIndividual |
| Activity | FUNDRAISING COUNSEL | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 54000 | AmountRetainedByContractor |
| Net To Organization | -54000 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 54000 | TotalRetainedByContractors |
| Total Net To Organization | -54000 | TotalNetToOrganization |
| Licensed States | MA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Gala | NameOfEvent1 |
| Gross Receipts Event1 | 332190 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 312586 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 19604 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 54114 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 1250 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 64299 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 332190 | GrossReceiptsTotal |
| Charitable Contributions Total | 312586 | CharitableContributionsTotal |
| Gross Revenue Total Events | 19604 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 54114 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 1250 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 64299 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 119663 | DirectExpenseSummaryEvents |
| Net Income Summary | -100059 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Financial assistance for Higher education | TypeOfGrant |
| Number Of Recipients | 466 | NumberOfRecipients |
| Amount Of Cash Grant | 555969 | AmountOfCashGrant |
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: The organization works with guidance counselors at Boston and Springfield high schools to provide access to financial aid | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section B, line 11 | The form 990 is reviewed by the Operations Director and the Chief Executive Officer prior to filing. In addition, it is reviewed by at least one member of the Board of trustees, who is also a member of the Finance Committee. |
| Form 990, Part VI, Section B, line 12c | The existence of any conflicts that could give rise to conflicts is reviewed periodically by the Operations Director and the Chief Executive Officer to ascertain whether any Trustee, Board member or employee might conceivably have an interest which could give rise to a conflict. All members of the Organization are aware of the Conflict of interest policy and are required to Discuss with the Chief Executive Officer or directly to the Board, should they feel there are any conflicts as defined by the policy. |
| Form 990, Part VI, Section B, line 15 | The Organization engaged the services of an independent compensation consulting firm to perform a study of executive compensation based on comparable organizations and similar sized companies, with an emphasis on the Chief Executive Officer. The Chief Executive Officer's salary was within the range suggested by the consulting firm and was approved by the Personnel committee of the Organization, which reported its conclusion and process to the entire Board of Trustees. There have been subsequent annual adjustmnents to the Chief Executive Officer's compensation that have been established by the Board of Trustees. The Chief Executive Officer does not participate in this process. |
| Form 990, Part VI, Section C, line 18 | upon request, the organization will make available to the public its governing documents, and its conflict of interest policy |
| Form 990, Part VI, Section C, line 19 | The financial statements of the organization are attached to the Form PC filed with the Massachusetts Division of Public Charities and are available for public inspection on the Attorney General's website. The organization's governing documents and conflict of interest policies are not posted to such website, but are available for inspection by the public on request. |
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