The Fitzpatrick Collaborative INC FY2023 filing

Public charity (501(c)(3)) Pepperell, MA Since 2018 EIN 83-0743119 NTEE N31
Revenue
$230K
▼ -4%
FY2023 · Pt VIII · Ln 12
Expenses
$266K
▲ +168%
FY2023 · Pt IX · Ln 25
Net assets
$71K
FY2023 · Pt X · Ln 32
To programs
81%
FY2023 · Pt IX · col B
Revenue & expenses by yearFY2021–FY2025
Revenue
$230K
FY2023▼ -4%
Expenses
$266K
FY2023▲ +168%

Offers arts, education, and recreation programs for all ages to enhance community well-being.

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Tax-deductible?
Yes
Per the IRS master file. Details →
Can I give now?
No revocation on IRS record
Not on the IRS revocation list. Details →
Filing up to date?
Yes — filed FY2025
Foundation funders?
1 funder — United Way of North Central Mass INC
$11K in the latest grant year. Details →
Spent on programs?
81% to programs
Form 990 Part IX, latest filing. Details →
Size and trend
$100K–1M
↓ -4% vs prior year Details →

Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).


Offers arts, education, and recreation programs for all ages to enhance community well-being.

Founded
2018
Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Pepperell, MA
Website
www.fitzpatrickcollaborative.org
Filings
5 on file (2021–2023)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Where the money goes · FY2023
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.19
Program efficiency
81%
of spending reaches programs
Operating runway
11.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-16%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$1.3M
FY2023▲ +333%
Total liabilities
$1.2M
FY2023▲ ×411
Revenue less expensesPt I · Ln 19−$36K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CThe Fitzpatrick Collaborative INC
EINHdr · item D83-0743119
Principal addressHdr · item CPepperell, MA
Year of formationHdr · item L2018
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N31)
Ruling yearIRS BMFJul 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See The Fitzpatrick Collaborative INC executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $214K of program spending, described in the organization's own filed words · FY2023.
01

To promote and enhance the welfare of the people of the town of pepperell and surrounding communities; to foster their mental, social and physical growth through arts, education, and recreation programs; to instill a passion and enthusiasm for the arts, education and or recreation in every involved family to offer programs for all ages…

$214Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$197K · 86%
Contributions & grants$33K · 14%
Program service revenue86%$197K
Contributions & grants14%$33K
— government grantsLn 1e$29K
Total revenueLn 12$230K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.19
Program services81%$214K
Management & general19%$52K
Total functional expensesLn 25$266K

Balance Sheet

Part X · end of year
CashLn 1$250K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$1.2M
Total net assetsLn 32$71K
Months of cash on handcomputed11.3

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $250K · Operating expenses/yr $266K
11.3 months
Where the money goes
Program services
Program services $214K · Total expenses $266K
81%
Management & General
Management & general $52K · Total expenses $266K
19%
Fundraising
Fundraising $0 · Total expenses $266K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $7K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $33K · Total revenue $230K
14%
Government reliance
Government grants $29K · Total revenue $230K
13%
Earned-income share
Program service revenue $197K · Total revenue $230K
86%
Investment reliance
Investment income $0 · Total revenue $230K
0%
Program self-sufficiency
Program service revenue $197K · Total expenses $266K
74%
Growth & trend
Revenue growth (YoY)
This year $230K · Prior year $239K
-4%
Net-asset trend (YoY)
End of year $71K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $230K · Expenses $266K
-16%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
—
Net-asset ratio
Net assets $71K · Total assets $1.3M
5%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Stephen Lurvey · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $266K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $129K · Total expenses $266K
48%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 81%——
Overhead ratio 19%——
Fundraising cost ratio 0%——
Revenue growth -4%——
Legal fee ratio 0.2%——
Accounting fee ratio 1%——

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.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$11K

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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)$342K revenue · ⤓ 990 PDF
FY2024$504K revenue · ⤓ 990 PDF
FY2023$230K revenue · viewing · ⤓ 990 PDF
FY2022$239K revenue · ⤓ 990 PDF
FY2021$190K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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