Lowell General Foundation Inc

Nonprofit profile at a glance

EIN
262320016
IRS 990-EZ coverage
2012–2014
Forms available
Form 990-EZ 2014
Location
Lowell, MA, USA
Phone
9789376000
Rating confidence
Limited
Sector
Nonmonetary Support N.E.C.

Reported finances

Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • NORMAND E DESCHENE (PRESIDENT & DIRECTOR)

People named in this filing

  • NORMAND E DESCHENE (PRESIDENT & DIRECTOR)
  • SUSAN GREEN (TEASURER & DIRECTOR)
  • DANIEL J MANSURE (CLERK & DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Circle health, inc. (the "corporation"), was the sole member of the foundation. No assets are held by the foundation since the foundation was in a dormant state.a public charity seeking to dissolve, must receive the approval of the supreme judicial court ("sjc") for the dissolution. The foundation has gathered the required information in order to affect a timely and lawful dissolution as set forth in the guidelines for the commonwealth of Massachusetts. The procedures and requirements include providing notice to the attorney general's non-profit organizations/public charities division ("ago"), obtaining the ago's assent and obtaining the approval of the supreme judicial court ("sjc"). The sjc dissolved the foundation on january 5, 2016.

What it reported doing in 2014

Circle health, inc. (the "corporation"), was the sole member of the foundation. No assets were held by the foundation since the foundation was in a dormant state.a public charity seeking to dissolve, must receive the approval of the supreme judicial court ("sjc") for the dissolution. The foundation has gathered the required information in order to affect a timely and lawful dissolution as set forth in the guidelines for the commonwealth of Massachusetts. The procedures and requirements include providing notice to the attorney general's non-profit organizations/public charities division ("ago"), obtaining the ago's assent and obtaining the approval of the supreme judicial court ("sjc"). The sjc dissolved the foundation on january 5, 2016.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: NotEnoughData
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 1 of 1 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2012 to 2014
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.