Acord INC FY2021 filing

Tax-deductible

S Hamilton, MA501(c)(3)Since 1991Human ServicesEIN 04-3253511Revenue $495K in FY2021

On file with the IRSacordfoodpantry.orgPo Box 2203, 01982-0203 · S Hamilton, MATax-exempt since Aug 1995Publicly supported charity — 170(b)(1)(A)(vi)

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Acord was founded in 1991 with the mission of empowering individuals and families to feed themselves in a nutritionally balanced way. IT is a nondenominational, green, grassroots organization staffed by more than 100 volunteers and supporting almost 8,000 client visits.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $108K a year · 25% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
17 mo
of spending, in cash
Looks good: 16.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $108K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$10K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$495K
+12% vs prior year
Spent
$354K
To programs
84%
Net assets
$787K
By yearFY2020–FY2025
Revenue
$495K
FY2021▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$442K
FY2021$495K
FY2022$343K
FY2023$336K
FY2024$486K
FY2025$491K
Expenses
$354K
FY2021▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020$284K
FY2021$354K
FY2022$252K
FY2023$300K
FY2024$329K
FY2025$425K
Net assets
$787K
FY2021▲ +33%
Tap a bar for its year
Net assets by fiscal year
FY2020$592K
FY2021$787K
FY2022$831K
FY2023$904K
FY2024$1.1M
FY2025$1.2M

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $298K Management & general 13% · $45K Fundraising 3% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Outreach and Development Committee
$0Pt VII · Sec A
Finance Committee
$0Pt VII · Sec A
Grants Committee
$0Pt VII · Sec A
$0Pt VII · Sec A
Communications Committee
$0Pt VII · Sec A
Operations Committee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Acord INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers individuals and families to feed themselves nutritiously through volunteer-driven programs.

Questions for Acord INC

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Provided by the organization

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1 program · $298K · in their own filed words · FY2020
01

Acord allows clients to shop once per week, and they may choose from a variety of items offered including: fresh dairy, eggs, meat, fish, fresh produce and shelf stable items.

$298Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$495K
Ln 12
Gifts and grantsLn 1h$484K
Investment incomeLn 3$11K
Money outPt IX
$354K
Ln 25
Programscol B$298K
Managementcol C$45K
Fundraisingcol D$11K
Owns and owesPt X
$787K
net assets · Ln 32
Cash and savingsLn 1–2$499K
Total assetsLn 16$798K
LiabilitiesLn 26$10K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$484K
Noncash giftsLn 1g$89K
Investment incomeLn 3$11K
Gains on assetsLn 7$5K
Total revenueLn 12$495K
Assets in detailPt X, end of year
CashLn 1$82K
SavingsLn 2$417K
Cash and savings togetherLn 1–2$499K
InvestmentsLn 11–13$256K
Land, buildings, equipmentLn 10c$23K
Other assetsLn 15$19K
Total assetsLn 16$798K
LiabilitiesLn 26$10K
Net assetsLn 32$787K
OperationsPt I, VI
EmployeesI 55
VolunteersI 6120
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$304K$499K
InvestmentsLn 11–13$253K$256K
Land, buildings, equipmentLn 10c$21K$23K
Total assetsLn 16$602K$798K
LiabilitiesLn 26$10K$10K
Net assetsLn 32$592K$787K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of disqualified personsLn 6$62K$40K$16K$6K
Other salaries and wagesLn 7$61K$48K$9K$4K
Payroll taxesLn 10$10K$7K$2K$830
Accounting feesLn 11c$9K$9K
Other fees for servicesLn 11g$7K$7K$763$150
Office expensesLn 13$3K$96$3K
OccupancyLn 16$21K$21K
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$173K$170K$4K
All other expensesLn 24e$210$160$50
Total functional expensesLn 25$354K$298K$45K$11K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $491K$425K$66K$1.2M 990 PDF
FY2024 $486K$329K$157K$1.1M 990 PDF
FY2023 $336K$300K$36K$904K 990 PDF
FY2022 $343K$252K$91K$831K 990 PDF
FY2021 Viewing $495K$354K$141K$787K 990 PDF
FY2020 $442K$284K$158K$592K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $495,332 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $431,140$484,457
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $7,632$10,875
I-11 Other revenuePrior year $2,863$0
I-12 Total revenuePrior year $441,635$495,332
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $82,528$133,487
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $201,144$220,876
I-18 Total expensesPrior year $283,672$354,363
I-19 Revenue less expensesPrior year $157,963$140,969
Part VI · Governance 9 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $495,332 across 6 lines filed
VIII-1f All other contributions, gifts and grants$484,457
VIII-1g Noncash contributions (included above)$89,311
VIII-1h Total contributions, gifts and grants$484,457
VIII-3 Investment incomeExcluded from tax $5,982$5,982
VIII-7 Net gain or loss on sales of assetsExcluded from tax $4,893$4,893
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $10,875$495,332
Part IX · Statement of functional expenses $354,363 across 11 lines filed
IX-6 Pay of disqualified personsPrograms $40,443 · Management $15,555 · Fundraising $6,222$62,220
IX-7 Other salaries and wagesPrograms $48,032 · Management $9,203 · Fundraising $4,123$61,358
IX-10 Payroll taxesPrograms $7,094 · Management $1,985 · Fundraising $830$9,909
IX-11c Accounting feesManagement $8,540$8,540
IX-11g Other fees for servicesPrograms $6,557 · Management $763 · Fundraising $150$7,470
IX-13 Office expensesPrograms $96 · Management $2,946$3,042
IX-16 OccupancyPrograms $21,219$21,219
IX-22 Depreciation, depletion and amortizationPrograms $4,684$4,684
IX-23 InsuranceManagement $2,587$2,587
IX-24 Other expenses (24a–d)Programs $169,504 · Management $3,620$173,124
IX-24e All other expensesManagement $160 · Fundraising $50$210
IX-25 Total functional expensesPrograms $297,629 · Management $45,359 · Fundraising $11,375$354,363
Part X · Balance sheet $797,501 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $243,122$82,477
X-2 Savings and temporary cash investmentsStart of year $61,351$416,703
X-10c Land, buildings and equipment, netStart of year $20,537$22,928
X-11 Publicly traded securitiesStart of year $253,318$256,193
X-15 Other assetsStart of year $24,000$19,200
X-16 Total assetsStart of year $602,328$797,501
X-25 Other liabilitiesStart of year $10,281$10,281
X-26 Total liabilitiesStart of year $10,281$10,281
X-27 Net assets without donor restrictionsStart of year $586,824$783,773
X-28 Net assets with donor restrictionsStart of year $5,223$3,447
X-32 Total net assets or fund balancesStart of year $592,047$787,220
X-33 Total liabilities and net assetsStart of year $602,328$797,501
Part XI · Reconciliation of net assets $787,220 net assets at year end
XI-1 Total revenue$495,332
XI-2 Total expenses$354,363
XI-3 Revenue less expenses$140,969
XI-4 Net assets at start of year$592,047
XI-5 Net unrealized gains (losses) on investments$47,330
XI-6 Donated services and use of facilities$6,874
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$787,220

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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