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Nonprofit · EIN 81-4844083

FRIENDS OF@MARTINS PARK INC

Tax-exempt · DORCHESTER, MA 02124

Financials

$86K$309K2023$290K$368K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF@MARTINS PARK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$289,745$367,617-$77,872$4,747,683$1,436$4,746,247
December 31, 2023990$85,623$308,757-$223,134$4,549,644$13,127$4,536,517
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$72,376
Program service revenue
$0
Investment income
$217,369
Net gain from sales of assets
$85,357
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$17,878
Program services (functional)
$313,020
Management and general (functional)
$54,597

Balance sheet and other

Total assets, start of year
$4,549,644
Total assets, end of year
$4,747,683
Total liabilities, end of year
$1,436
Net assets, end of year
$4,746,247
Publicly traded securities
$4,611,418
Net assets without donor restrictions
$4,746,247
Gross receipts
$787,972
Employees
0
Volunteers
125
Year formed
2016
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM RICHARDPRESIDENT
Trustee or director, Officer
10$0
THOMAS CROHANTREASURER
Trustee or director, Officer
2$0
CHARLAYNE MURRELL-SMITHSECRETARY
Trustee or director, Officer
2$0
CHRIS COOKDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
WILLIAM RICHARDPRESIDENT
Trustee or director, Officer
10$0
THOMAS CROHANTREASURER
Trustee or director, Officer
2$0
CHARLAYNE MURRELL-SMITHSECRETARY
Trustee or director, Officer
2$0
CHRIS COOKDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
39 CARRUTH ST, DORCHESTER, MA 02124-4929
In care of
% INSOURCE SERVICES INC
Principal officer (990 for 2024)
WILLIAM RICHARD, 39 CARRUTH STREET, DORCHESTER, MA 02124
Signed the 990
WILLIAM RICHARD, PRESIDENT
Phone
(617) 590-0400
Return prepared by
PECK ASSOCIATES PC

Mission

TO RAISE FUNDS FOR CONSTRUCTION AND MAINTENANCE OF A UNIVERSALLY ACCESSIBLE PARK AND PLAYGROUND TO HONOR MARTIN RICHARD AND HIS LEGACY.

990 for the year ended December 31, 2024

Program accomplishments

  • OPERATIONS AND MAINTENANCE OF MARTIN'S PARK TO HONOR THE MEMORY OF MARTIN RICHARD. THE PARK OPENED TO THE PUBLIC IN JUNE 2019.
    Expenses $313,020

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-4844083
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,747,683
Income (IRS master file)
$787,972

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$289,745$367,617$4,747,683IRS
990December 2023$85,623$308,757$4,549,644XML
990December 2022$51,473$250,449$4,187,005IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-4844083).

Questions about FRIENDS OF@MARTINS PARK INC

What is the EIN of FRIENDS OF@MARTINS PARK INC?
The employer identification number (EIN) of FRIENDS OF@MARTINS PARK INC is 81-4844083.
Is FRIENDS OF@MARTINS PARK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to FRIENDS OF@MARTINS PARK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF@MARTINS PARK INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRIENDS OF@MARTINS PARK INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF@MARTINS PARK INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FRIENDS OF@MARTINS PARK INC?
The 990 for the year ended December 31, 2024 names WILLIAM RICHARD.
Who are the officers and directors of FRIENDS OF@MARTINS PARK INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF@MARTINS PARK INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $289,745, expenses of $367,617 and total assets of $4,747,683 at year end.

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