Civic Intelligence

Medway Foundation for Education

990EZ • Fiscal year 2016 • EIN 03-0405765

Jul 01, 2015 to Jun 30, 2016 • Filed on May 10, 2017

Organization ProfileWWW.MEDWAYSCHOOLS.ORG/MFE
45 Holliston StreetMedway, MA 02053

(508) 533-3400

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

95th percentile

69%

Higher net margin than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

69th percentile

17%

Faster asset growth than 69% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-33%

Faster revenue growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$101,597

Up $14,522 (+17%) from 2015

Net Assets

Up

$101,597

Up $14,522 (+17%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin95th percentile

Revenue

Down

$21,120

Down $10,288 (-33%) from 2015

Expenses

Down

$6,598

Down $29,408 (-82%) from 2015

Net Income

Up

$14,522

Up $19,120 (+416%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2011: $60,420Net Assets 2011: $60,4202011Assets 2012: $69,652Net Assets 2012: $69,6522012Assets 2013: $76,421Liabilities 2013: $0Net Assets 2013: $76,4212013Assets 2014: $91,673Liabilities 2014: $0Net Assets 2014: $91,6732014Assets 2015: $87,075Liabilities 2015: $0Net Assets 2015: $87,0752015Assets 2016: $101,597Liabilities 2016: $0Net Assets 2016: $101,5972016Assets 2017: $88,556Liabilities 2017: $0Net Assets 2017: $88,5562017Assets 2018: $151,917Liabilities 2018: $0Net Assets 2018: $151,9172018Assets 2019: $145,272Liabilities 2019: $0Net Assets 2019: $145,2722019Assets 2020: $138,871Liabilities 2020: $0Net Assets 2020: $138,8712020Assets 2021: $129,764Liabilities 2021: $0Net Assets 2021: $129,7642021Assets 2022: $127,073Liabilities 2022: $0Net Assets 2022: $127,0732022Assets 2023: $133,988Liabilities 2023: $0Net Assets 2023: $133,9882023Assets 2024: $126,192Liabilities 2024: $0Net Assets 2024: $126,1922024

Highlighted filing

2016

Assets$101,597
Liabilities$0
Net Assets$101,597
Open 2016 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2011: $33,469Expenses 2011: $30,219Net Income 2011: $3,2502011Revenue 2012: $22,573Expenses 2012: $13,341Net Income 2012: $9,2322012Revenue 2013: $19,401Expenses 2013: $12,632Net Income 2013: $6,7692013Revenue 2014: $29,927Expenses 2014: $14,675Net Income 2014: $15,2522014Revenue 2015: $31,408Expenses 2015: $36,006Net Income 2015: -$4,5982015Revenue 2016: $21,120Expenses 2016: $6,598Net Income 2016: $14,5222016Revenue 2017: $24,760Expenses 2017: $37,801Net Income 2017: -$13,0412017Revenue 2018: $70,563Expenses 2018: $7,202Net Income 2018: $63,3612018Revenue 2019: $29,223Expenses 2019: $35,868Net Income 2019: -$6,6452019Revenue 2020: $20,443Expenses 2020: $26,844Net Income 2020: -$6,4012020Revenue 2021: $10,889Expenses 2021: $19,996Net Income 2021: -$9,1072021Revenue 2022: $12,846Expenses 2022: $15,537Net Income 2022: -$2,6912022Revenue 2023: $10,359Expenses 2023: $3,444Net Income 2023: $6,9152023Revenue 2024: $13,497Expenses 2024: $21,293Net Income 2024: -$7,7962024

Highlighted filing

2016

Revenue$21,120
Expenses$6,598
Net Income$14,522
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 10, 2017
Return Version
2015v3.0
Gross Receipts
$21,120
Mission and Program Overview

Mission

To provide funds for educational functions not provided by the schools.

Program Services

DescriptionGrantsExpenses
The organization is organized exclusively for charitable purpose of promoting education by establishing fundraising events and expending the funds to the Medway Public School System for academic activities.$4,783$380
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Diane ConsigliTreasurer-$0--
Susan OlsonVice President-$0--
Brian GrayPresident-$0--
Susan RovedoSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Medway Foundation For Education
EIN
03-0405765
Phone
5085333400
Address
45 Holliston Street, Medway, MA 02053

Signing Officer

Name
Brian Gray
Title
President
Signed
2017-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Richardson & Company PC
Address
165 Village Street, Medway, MA 02053
Preparer
Steven M Richardson
Phone
5085336426
Supplemental Narrative

Additional Explanations

Other Expenses.1012

“Insurance $514”

Other Expenses.1

“Program Expense $2507”

Other Expenses.2

“Outside Labor $1500”

Other Expenses.3

“Miscellaneous $709”

Other Expenses.4

“Credit card fees $609”

Other Expenses.6

“Supplies $67”

Other Expenses.7

“Filing Fees $50”

Other Expenses.8

“Office Expense $26”

Other Assets.1

“Endowment - Beginning $83473 Endowment - Ending $83473”

Raw XML Appendix157 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Brian Gray
IRS990EZ/BooksInCareOfDetail/PhoneNum05085336426
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08 Hickory Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Medway
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002053
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03602
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt018124
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt014522
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt087075
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0101597
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0380
IRS990EZ/GrossReceiptsAmt021120
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt087075
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0101597
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt087075
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0101597
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Diane Consigli
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Susan Olson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Brian Gray
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Susan Rovedo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt083473
IRS990EZ/OtherAssetsTotalDetail/EOYAmt083473
IRS990EZ/OtherExpensesTotalAmt05982
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide funds for educational functions not provided by the schools.
IRS990EZ/PrintingPublicationsPostageAmt0236
IRS990EZ/ProgramServiceRevenueAmt021120
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization is organized exclusively for charitable purpose of promoting education by establishing fundraising events and expending the funds to the Medway Public School System for academic activities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04783
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0380
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt06598
IRS990EZ/TotalProgramServiceExpensesAmt04783
IRS990EZ/TotalRevenueAmt021120
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0WWW.MEDWAYSCHOOLS.ORG/MFE
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt021120
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt031408
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt029927
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt018631
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt022573
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0123659
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03444
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01494
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012918
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04170
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01803
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt023829
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83840
IRS990ScheduleA/PublicSupportPY170Pct00.82870
IRS990ScheduleA/PublicSupportTotal170Amt0123659
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt021120
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt031408
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt029927
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt018631
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt022573
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0123659
IRS990ScheduleA/TotalSupportAmt0147488
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance $514
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Program Expense $2507
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Outside Labor $1500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Miscellaneous $709
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Credit card fees $609
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Supplies $67
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Filing Fees $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Office Expense $26
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Endowment - Beginning $83473 Endowment - Ending $83473
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Brian Gray
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Medway Foundation For Education
ReturnHeader/Filer/BusinessNameControlTxt0MEDW
ReturnHeader/Filer/EIN0030405765
ReturnHeader/Filer/PhoneNum05085333400
ReturnHeader/Filer/USAddress/AddressLine1Txt045 Holliston Street
ReturnHeader/Filer/USAddress/CityNm0Medway
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002053
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Richardson & Company PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0165 Village Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Medway
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002053
ReturnHeader/PreparerPersonGrp/PhoneNum05085336426
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steven M Richardson
ReturnHeader/ReturnTs02017-05-10T13:05:24-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$101,597
Liabilities
$0
Net assets
$101,597
Revenue
$21,120
Expenses
$6,598
Net income
$14,522
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.13$0.21$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$0.10$0.03$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.00$1.27$0.13$0.16$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.11$0.20$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.20$0.27$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$0.00$1.45$0.29$0.36$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$0.71$0.07$0.63
2017Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.25$0.38$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.21$0.07$0.15
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.00$0.87$0.31$0.36$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.30$0.15$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.00$0.76$0.19$0.13$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.70$0.23$0.13$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.60$0.33$0.30$0.03