Pond Plain Improvement Association EIN 04-3545940 Form 990 (PDF) Claim this org

Pond Plain Improvement Association

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Promotes community spirit, civic engagement, and town beautification through educational and recreational programs. For fiscal year 2025 it reported $93K in revenue, $78K in expenses, and $591K in net assets.Pt I

Founded
1912
Type
Membership association · Community Development
Location
South Weymouth, MA
Website
pondplain.org
Filings
6 on file (2020–2025)
Revenue
$93KFY2025
Expenses
$78K
Net assets
$591K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  04-3545940 Membership association South Weymouth, MA Founded 1912
Form 990 (PDF)
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Size
<$100K
What they do
Promotes community spirit, civic engagement, and town beautification through educational and recreational programs.
Leadership
Timothy P Barry · President
Money in and out
$93K revenue, $78K expenses
Bottom line
+17% operating surplus
Membership & operating revenue · FY2025
Total revenue
$93K
Pt VIII · Ln 12
Total expenses
$78K
Pt IX · Ln 25
Net assets
$591K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $16K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.28
Operating surplus
+17%
revenue over expenses▲ +465% vs prior filing year
Earned revenue
23%
of revenue from program services & dues▼ -15% vs prior filing year
Program spending
72%
of expenses reach member services▼ -9% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$93K
FY2025▲ +3%
Expenses
$78K
FY2025▼ -18%
Total assets
$591K
FY2025▲ +3%
Total liabilities
$0
FY2025
Total revenue
$93K
Pt VIII · Ln 12
Total expenses
$78K
Pt IX · Ln 25
Net assets
$591K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$16K
Total assetsPt X · Ln 16$591K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPond Plain Improvement Association
EINHdr · item D04-3545940
Principal addressHdr · item CSouth Weymouth, MA
WebsiteHdr · item Jpondplain.org
Year of formationHdr · item L1912
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S80)
Ruling yearIRS BMFJul 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $54K of program spending, described in the organization's own filed words · FY2025.
01

To provide educational and recreational facilities for the residents of weymouth and pond plain in particular..

$54Kprogram expense
02

To cooperate in improving and beautifying the town of weymouth as a whole and this section known as pond plain in particular, so as to increase its attractiveness and desirability as a place of residence.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$70K · 75%
Program service revenue$22K · 23%
Other revenue$1K · 1%
Contributions & grants75%$70K
Program service revenue23%$22K
Other revenue1%$1K
— government grantsLn 1e$30K
Total revenueLn 12$93K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.28
Program services72%$56K
Management & general28%$22K
Total functional expensesLn 25$78K

Balance Sheet

Part X · end of year
CashLn 1$77K
Total assetsLn 16$591K
Total liabilitiesLn 26$0
Total net assetsLn 32$591K
Months of cash on handcomputed11.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $77K · Operating expenses/yr $78K
11.8 months
Where the money goes
Program services
Program services $56K · Total expenses $78K
72%
Management & General
Management & general $22K · Total expenses $78K
28%
Fundraising
Fundraising $0 · Total expenses $78K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $51K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $70K · Total revenue $93K
75%
Government reliance
Government grants $30K · Total revenue $93K
32%
Earned-income share
Program service revenue $22K · Total revenue $93K
23%
Investment reliance
Investment income $0 · Total revenue $93K
0%
Program self-sufficiency
Program service revenue $22K · Total expenses $78K
28%
Growth & trend
Revenue growth (YoY)
This year $93K · Prior year $91K
+3%
Net-asset trend (YoY)
End of year $591K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $93K · Expenses $78K
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $591K
Net-asset ratio
Net assets $591K · Total assets $591K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $591K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Timothy P Barry · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $78K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $78K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 28%
Revenue growth 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$93K revenue · viewing · ⤓ 990 PDF
FY2024$91K revenue · ⤓ 990 PDF
FY2023$122K revenue · ⤓ 990 PDF
FY2022$150K revenue · ⤓ 990 PDF
FY2021$30K revenue · ⤓ 990 PDF
FY2020$11K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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