Civic Intelligence

Massachusetts Water Works Association Incorporated

990 • Fiscal year 2020 • EIN 04-2638649

Jan 01, 2020 to Dec 31, 2020 • Filed on May 07, 2021

PO Box 1064Acton, MA 01720

(978) 263-1388

Siviq Scores

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

Liabilities / Assets

60th percentile

0.11x

Higher debt load relative to assets than 60% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.19x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

67th percentile

17%

Higher net margin than 67% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

93rd percentile

$140,688

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 27.6% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

63rd percentile

14%

Faster asset growth than 63% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

31st percentile

-16%

Faster revenue growth than 31% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$903,058

Up $113,237 (+14%) from 2019

Net Assets

Up

$805,888

Up $87,661 (+12%) from 2019

Liabilities

Up

$97,170

Up $25,576 (+36%) from 2019

Revenue

Down

$509,741

Down $99,148 (-16%) from 2019

Expenses

Down

$422,080

Down $150,770 (-26%) from 2019

Net Income

Up

$87,661

Up $51,622 (+143%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $517,920Liabilities 2010: $0Net Assets 2010: $517,9202010Assets 2011: $574,118Liabilities 2011: $0Net Assets 2011: $574,1182011Assets 2012: $618,142Liabilities 2012: $0Net Assets 2012: $618,1422012Assets 2013: $634,644Liabilities 2013: $0Net Assets 2013: $634,6442013Assets 2014: $635,839Liabilities 2014: $0Net Assets 2014: $635,8392014Assets 2015: $671,383Liabilities 2015: $0Net Assets 2015: $671,3832015Assets 2016: $687,124Liabilities 2016: $0Net Assets 2016: $687,1242016Assets 2017: $753,350Liabilities 2017: $101,508Net Assets 2017: $651,8422017Assets 2018: $810,161Liabilities 2018: $127,973Net Assets 2018: $682,1882018Assets 2019: $789,821Liabilities 2019: $71,594Net Assets 2019: $718,2272019Assets 2020: $903,058Liabilities 2020: $97,170Net Assets 2020: $805,8882020Assets 2021: $1,055,678Liabilities 2021: $121,527Net Assets 2021: $934,1512021Assets 2022: $1,221,678Liabilities 2022: $134,872Net Assets 2022: $1,086,8062022Assets 2023: $1,395,811Liabilities 2023: $149,566Net Assets 2023: $1,246,2452023Assets 2024: $1,523,984Liabilities 2024: $85,327Net Assets 2024: $1,438,6572024

Highlighted filing

2020

Assets$903,058
Liabilities$97,170
Net Assets$805,888

Operations Trend

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

$1.0M$500K$0Expenses 2010: $362,0422010Revenue 2011: $399,225Expenses 2011: $343,027Net Income 2011: $56,1982011Revenue 2012: $434,182Expenses 2012: $390,158Net Income 2012: $44,0242012Revenue 2013: $409,771Expenses 2013: $393,269Net Income 2013: $16,5022013Revenue 2014: $382,479Expenses 2014: $381,284Net Income 2014: $1,1952014Revenue 2015: $428,405Expenses 2015: $392,861Net Income 2015: $35,5442015Revenue 2016: $441,249Expenses 2016: $425,508Net Income 2016: $15,7412016Revenue 2017: $575,087Expenses 2017: $543,659Net Income 2017: $31,4282017Revenue 2018: $571,738Expenses 2018: $541,392Net Income 2018: $30,3462018Revenue 2019: $608,889Expenses 2019: $572,850Net Income 2019: $36,0392019Revenue 2020: $509,741Expenses 2020: $422,080Net Income 2020: $87,6612020Revenue 2021: $698,118Expenses 2021: $569,855Net Income 2021: $128,2632021Revenue 2022: $736,884Expenses 2022: $584,229Net Income 2022: $152,6552022Revenue 2023: $831,155Expenses 2023: $671,716Net Income 2023: $159,4392023Revenue 2024: $843,696Expenses 2024: $651,284Net Income 2024: $192,4122024

Highlighted filing

2020

Revenue$509,741
Expenses$422,080
Net Income$87,661
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 7, 2021
Return Version
2020v4.0
Gross Receipts
$509,741
Mission and Program Overview

Mission

The organization's mission is to promote the advancement of the drinking water profession through education and advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$532,033$688,303▲ $156,270
Cash and Non-Interest-Bearing Accounts$176,426$137,115▼ $39,311
Land, Buildings, and Equipment, Net$79,137$74,000▼ $5,137
Accounts Receivable$1,285$2,700▲ $1,415
Prepaid Expenses and Deferred Charges$940$940→ $0
Total Assets$789,821$903,058▲ $113,237
Liabilities
Deferred Revenue$71,594$97,170▲ $25,576
Total Liabilities$71,594$97,170▲ $25,576
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$713,827$801,788▲ $87,961
Net Assets With Donor Restrictions$4,400$4,100▼ $300
Total Net Assets Fund Balance$718,227$805,888▲ $87,661
Total Liabilities and Net Assets / Fund Balance$789,821$903,058▲ $113,237

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$74,000$36,948$110,948
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer PedersonExecutive DiFT$140,688$140,688
Matthew PearsonTreasurerPT$3,000$3,000
Blake LukisSecretary-$500$500

Board Members and Trustees

NameTitle
Charles DamPresident
Jaimye BartakDirector
Jeff FaulknerDirector
Lauren UnderwoodDirector
Mark WarrenDirector
PATRICK O'NEALEDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$46,800
Program Service Revenue
$451,263
Investment Income
$11,678
Other Revenue
$0
All Other Contributions
$3,800
Change in Net Assets
$87,661

Audited Revenue Reconciliation

Revenue per Audited Statements
$509,741
Total Revenue per Audited Statements
$509,741
Total Revenue per Form 990
$509,741
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$272,622
Other Expenses$145,358
Grants and Similar Amounts Paid$4,100
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$70,344$73,844-$144,188
Other Salaries and Wages$81,368$22,854-$104,222
Fees for Services Other$21,152$4,827-$25,979
Payroll Taxes$11,986$7,640-$19,626
All Other Expenses$5,504$10,653-$16,157
Office Expenses$5,723$6,421-$12,144
Depreciation Depletion$3,878$4,290-$8,168
Insurance-$6,511-$6,511
Fees for Services Accounting-$6,000-$6,000
Other Expenses$4,461$1,487-$5,948
Pension Plan Contributions$2,745$1,841-$4,586
Grants to Domestic Individuals$4,100--$4,100
Travel$2,747--$2,747
Advertising-$600-$600
Fees for Services Lobbying$220--$220
Total Functional Expenses$268,712$153,368$0$422,080

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$422,080
Total Expenses per Audited Statements$422,080
Total Expenses per Form 990$422,080
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

990 tax return is reviewed by the treasurer prior to filing.

Form 990, Page 6, Part VI, Line 12C

Board members review and sign annually.

Form 990, Page 6, Part VI, Line 15A

The board reviews compensation for the executive director prior to expiration of contract.

Form 990, Page 6, Part VI, Line 15B

The board regularly reviews compensation for all employees.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Massachusetts Water Works
EIN
04-2638649
Phone
9782631388
Address
PO BOX 1064, ACTON, MA 01720

Signing Officer

Name
Matthew Pearson
Title
Treasurer
Phone
9782631388
Signed
2021-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Dam
Formed
1950
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
4

Preparer

Firm
David J Singleton CPA
Address
66 WEST STREET, LEOMINSTER, MA 01453
Preparer
Kelli Hnath
Phone
9788406920
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IRS990ScheduleA/InvestmentIncomeCYPct00.02000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
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IRS990ScheduleA/PublicSupportCY509Pct00.98380
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IRS990ScheduleC/OtherActivitiesInd0false
IRS990ScheduleC/PaidStaffOrManagementInd0true
IRS990ScheduleC/PublicationsOrBroadcastInd0false
IRS990ScheduleC/RalliesDemonstrationsInd0false
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0PROVIDING INFORMATION REGARDING PUBLIC HEALTH AND SAFE DRINKING WATER TO LOCAL AND NATIONAL LEGISLATORS, THEIR STAFFS AND OTHERS.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART II-B, LINE 1
IRS990ScheduleC/TotalLobbyingExpendituresAmt030756
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IRS990ScheduleD/EquipmentGrp/BookValueAmt074000
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036948
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 TAX RETURN IS REVIEWED BY THE TREASURER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS REVIEW AND SIGN ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS COMPENSATION FOR THE EXECUTIVE DIRECTOR PRIOR TO EXPIRATION OF CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REGULARLY REVIEWS COMPENSATION FOR ALL EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010 CENTRAL STREET
IRS990/USAddress/CityNm0MANCHESTER BY THE SEA
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001944
IRS990/VotingMembersGoverningBodyCnt08
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IRS990/WebsiteAddressTxt0WWW.MASSWATERWORKS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.52$0.09$1.44$0.84$0.65$0.19
2023Detailed filing. Detailed filing data is available for this year.$1.40$0.15$1.25$0.83$0.67$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.13$1.09$0.74$0.58$0.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.12$0.93$0.70$0.57$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.90$0.10$0.81$0.51$0.42$0.09
2019Summary only. Only limited summary data is available for this year.$0.79$0.07$0.72$0.61$0.57$0.04
2018Summary only. Only limited summary data is available for this year.$0.81$0.13$0.68$0.57$0.54$0.03
2017Summary only. Only limited summary data is available for this year.$0.75$0.10$0.65$0.58$0.54$0.03
2016Summary only. Only limited summary data is available for this year.$0.69$0.00$0.69$0.44$0.43$0.02
2015Summary only. Only limited summary data is available for this year.$0.67$0.00$0.67$0.43$0.39$0.04
2014Summary only. Only limited summary data is available for this year.$0.64$0.00$0.64$0.38$0.38$0.00
2013Summary only. Only limited summary data is available for this year.$0.63$0.00$0.63$0.41$0.39$0.02
2012Summary only. Only limited summary data is available for this year.$0.62$0.00$0.62$0.43$0.39$0.04
2011Summary only. Only limited summary data is available for this year.$0.57$0.00$0.57$0.40$0.34$0.06
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.00$0.52$0.36