Civic Intelligence

Massachusetts State Science and Engineering Fair Inc

990 • Fiscal year 2017 • EIN 04-2707499

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 07, 2017

955 Massachusetts AveCambridge, MA 02139

(617) 491-1500

Siviq Scores

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

Liabilities / Assets

47th percentile

0.08x

Higher debt load relative to assets than 47% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

63rd percentile

0.19x

Higher debt load relative to revenue than 63% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

8th percentile

-37%

Higher net margin than 8% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

78th percentile

$125,500

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 20.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

13th percentile

-8.4%

Faster asset growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

8th percentile

-31%

Faster revenue growth than 8% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,576,800

Down $145,100 (-8.4%) from 2016

Net Assets

Down

$1,455,800

Down $180,300 (-11%) from 2016

Liabilities

Up

$121,000

Up $35,200 (+41%) from 2016

Revenue

Down

$627,400

Down $287,600 (-31%) from 2016

Expenses

Down

$862,300

Down $37,900 (-4.2%) from 2016

Net Income

Down

-$234,900

Down $249,700 (-1687%) from 2016

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: $1,337,800Liabilities 2010: $46,600Net Assets 2010: $1,291,2002010Assets 2011: $1,497,900Liabilities 2011: $61,800Net Assets 2011: $1,436,1002011Assets 2012: $1,714,600Liabilities 2012: $73,500Net Assets 2012: $1,641,1002012Assets 2013: $1,813,600Liabilities 2013: $89,700Net Assets 2013: $1,723,9002013Assets 2014: $1,778,700Liabilities 2014: $100,600Net Assets 2014: $1,678,1002014Assets 2015: $1,692,400Liabilities 2015: $71,100Net Assets 2015: $1,621,3002015Assets 2016: $1,721,900Liabilities 2016: $85,800Net Assets 2016: $1,636,1002016Assets 2017: $1,576,800Liabilities 2017: $121,000Net Assets 2017: $1,455,8002017Assets 2019: $1,476,300Liabilities 2019: $67,400Net Assets 2019: $1,408,9002019Assets 2020: $1,207,500Liabilities 2020: $38,700Net Assets 2020: $1,168,8002020Assets 2021: $1,489,793Liabilities 2021: $23,908Net Assets 2021: $1,465,8852021Assets 2022: $1,237,654Liabilities 2022: $23,342Net Assets 2022: $1,214,3122022Assets 2023: $1,435,879Liabilities 2023: $35,969Net Assets 2023: $1,399,9102023Assets 2024: $1,513,522Liabilities 2024: $47,266Net Assets 2024: $1,466,2562024

Highlighted filing

2017

Assets$1,576,800
Liabilities$121,000
Net Assets$1,455,800

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $812,6002010Expenses 2011: $673,9002011Expenses 2012: $761,4002012Revenue 2013: $829,000Expenses 2013: $746,200Net Income 2013: $82,8002013Revenue 2014: $943,200Expenses 2014: $989,000Net Income 2014: -$45,8002014Revenue 2015: $820,000Expenses 2015: $876,800Net Income 2015: -$56,8002015Revenue 2016: $915,000Expenses 2016: $900,200Net Income 2016: $14,8002016Revenue 2017: $627,400Expenses 2017: $862,300Net Income 2017: -$234,9002017Revenue 2019: $711,600Expenses 2019: $717,000Net Income 2019: -$5,4002019Revenue 2020: $543,700Expenses 2020: $838,300Net Income 2020: -$294,6002020Revenue 2021: $571,538Expenses 2021: $406,560Net Income 2021: $164,9782021Revenue 2022: $557,224Expenses 2022: $535,603Net Income 2022: $21,6212022Revenue 2023: $650,314Expenses 2023: $589,839Net Income 2023: $60,4752023Revenue 2024: $598,374Expenses 2024: $706,235Net Income 2024: -$107,8612024

Highlighted filing

2017

Revenue$627,400
Expenses$862,300
Net Income-$234,900
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 7, 2017
Return Version
2016v3.0
Gross Receipts
$627,400
Mission and Program Overview

Mission

We develop future thought leaders through experiences in science and engineering practices using well-proven programs and novel approaches that empower students

We develop future thought leaders through experiences in science and engineering practices using well-proven programs and novel approaches that empower students and educators to learn in and beyond the classroom.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$925,000$897,900▼ $27,100
Investments in Publicly Traded Securities$301,500$365,200▲ $63,700
Cash and Non-Interest-Bearing Accounts$435,100$253,700▼ $181,400
Accounts Receivable$34,000$30,100▼ $3,900
Land, Buildings, and Equipment, Net-$3,000-
Prepaid Expenses and Deferred Charges$2,300$2,900▲ $600
Total Assets$1,721,900$1,576,800▼ $145,100
Other Assets Total$24,000$24,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$85,800$121,000▲ $35,200
Total Liabilities$85,800$121,000▲ $35,200
Net Assets / Fund Balance
Temporarily Rstr Net Assets$807,200$768,900▼ $38,300
Unrestricted Net Assets$804,900$662,900▼ $142,000
Permanently Rstr Net Assets$24,000$24,000→ $0
Total Net Assets Fund Balance$1,636,100$1,455,800▼ $180,300
Total Liabilities and Net Assets / Fund Balance$1,721,900$1,576,800▼ $145,100

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,000$9,200$12,200

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$24,000---$24,000
2015$24,000---$24,000
2014$24,000---$24,000
2013$24,000---$24,000
2012$24,000---$24,000
Compensation and Service Providers

Employees

NameTitleBaseTotal
French TimothyChair$125,500$125,500

Board Members and Trustees

NameTitle
Abel Cora BethPresident & CEO
Monteith BarnasVice Chair
Connolly RachelDirector
Harrison HowardDirector
Lawson ChristopherDirector
Rigney WilliamDirector
Rokop MeganDirector
Shukla RishiDirector
Bell JaneAsst Treasurer
Mayrand SandraSecretary
Batchelder SamuelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$582,200
Program Service Revenue
$34,300
Investment Income
$10,900
Other Revenue
$0
All Other Contributions
$582,200
Change in Net Assets
$-234,900

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table6$14,100Estimate
Other Non Cash Contri Table2$11,000Estimate
Books and Publications-$6,000Estimate
Other Non Cash Contri Table1$5,000Estimate
Total Noncash Contributions9$36,100-

Audited Revenue Reconciliation

Revenue per Audited Statements
$627,400
Revenue Not Reported on Form 990
$54,600
Total Revenue per Audited Statements
$682,000
Total Revenue per Form 990
$627,400
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$637,900
Salaries, Compensation, and Employee Benefits$150,100
Total Fundraising Expense$85,000
Professional Fundraising Fees$74,300
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$198,200$-8,800$0$189,400
Current Officers, Directors, Trustees, and Key Employees$76,000$45,600$0$121,600
Fees for Services Professional Fundraising--$74,300$74,300
Other Expenses$40,500$0$0$40,500
Fees for Services Other$3,400$33,300$0$36,700
Office Expenses$7,000$4,200$9,000$20,200
Occupancy$12,400$7,500$0$19,900
Fees for Services Accounting$0$19,100$0$19,100
Other Employee Benefits$9,800$5,900$0$15,700
Advertising$0$10,600$0$10,600
Payroll Taxes$6,400$3,900$0$10,300
Travel$3,700$2,200$1,700$7,600
Information Technology$0$5,500$0$5,500
Insurance$0$4,300$0$4,300
Pension Plan Contributions$1,600$900$0$2,500
Depreciation Depletion$400$200$0$600
Total Functional Expenses$642,900$134,400$85,000$862,300

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$862,300
Total Expenses per Audited Statements$862,300
Total Expenses per Form 990$862,300
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$74,300
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
William RigneyBoard MemberProgram Manager and TeacherNo$24,700
Cora-beth AbelPresident & CEOOffice rent & utilitiesNo$20,200
Sandy MayrandBoard MemberProgram AnalystNo$5,000
Barnas MonteithBoard MemberProfessional ServicesNo$2,600
Governance and Compliance

Governance Checklist

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

Filer

Filer Name
Massachusetts State Science & Engineering Fair Inc
EIN
04-2707499
Phone
6174911500
Address
955 Massachusetts Ave, Cambridge, MA 02139

Signing Officer

Name
Samuel Batchelder
Title
Treasurer
Phone
6174911500
Signed
2017-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samuel Batchelder
Formed
1979
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
8
Employees
1
Volunteers
525

Preparer

Firm
David Asadoorian CPA
Address
67 Peter Spring Rd, Concord, MA 01742
Preparer
David Asadoorian CPA
Phone
9783712599
Supplemental Narrative

Additional Explanations

Pt VI, Line 7A

Members of the Board of Directors are elected by the sitting Board.

Pt VI, Line 11B

The Board of Directors has delegated the authority for the review and filing of the Organization's form 990 to the Treasurer.

Pt VI, Line 19

he governing documents, conflict of interest policy, and financial statements are made available to the general public upon request.

Pt VI, Line 4

The By-Laws were amended during the year. I copy of the revised By-Laws are attached.

Pt VI, Line 12C

Board members agree to report and conficts of interest as soon as they arise.

Form 990EZ, Part II, Line 26

Accounts Payable & Accrued Expenses

Form 990, Part IX, Line 24E

GEMS Program 197800. 197800. 0. 0.

Form 990, Part IX, Line 24E

IT Systems Development 400. 400. 0. 0.

Form 990, Part IX, Line 24E

Bad Debts -8800. 0. -8800. 0.

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IRS990/OtherExpensesGrp/ProgramServicesAmt340500
IRS990/OtherExpensesGrp/TotalAmt0174000
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IRS990/ProgramServiceRevenueGrp/Desc0Class Fees
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt034300
IRS990/ProgSrvcAccomActy2Grp/Desc0GEMS - THE GELFAND ENDEAVOR IN MASSACHUSETTS SCHOOLS (GEMS) HAS TEAMED UP WITH THE MASSACHUSETTS SCIENCE & ENGINEERING FAIR THROUGH ITS "CURIOUS MINDS INITIATIVE" (CMI). THE COLLABORATIVE GOAL IS TO HELP INCREASE THE NUMBER OF MASSACHUSETTS SCHOOLS AND TEACHERS THAT USE THE INQUIRY-BASED LEARNING MODEL FOR TEACHING SCIENCE AND ENGINEERING AND TO START OR EXPAND SCIENCE FAIR PROGRAMS IN SCHOOLS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0201100
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0100000
IRS990/ProgSrvcAccomActy3Grp/Desc0CURIOUS MINDS INITIATIVE (CMI), A STRATEGIC PLAN THAT AMIMS TO ENABLE EVERY MASSACHUSETTS MIDDLE AND HIGH SCHOOL TO ENGAGE STUDENTS IN INQUIRY-BASED LEARNING, AND SCIENCE AND ENGINEERING PRACTICES. CMI PROVIDES SCHOOLS AND SCIENCETEACHERS WITH THE TOOLS, EXPERTISE AND RESOURCES NECESSARY TO INTEGRATE EXCITING INQUIRY INTO THEIR EXISTING CURRICULA AND TO OFFER SCIENCE FAIR RESEARCH PROGRAMS.
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IRS990/ReconcilationRevenueExpnssAmt0-234900
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0359600
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0925000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0897900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0582200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0862400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0744500
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03868500
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0400
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt034300
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt075100
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04000
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IRS990ScheduleA/PublicSupportPY509Pct00.99600
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IRS990ScheduleA/PublicSupportTotal509Amt04100300
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04114400
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt024000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt024000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt024000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt024000
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt09200
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012200
IRS990ScheduleD/ExpensesSubtotalAmt0862300
IRS990ScheduleD/NetUnrealizedGainsInvstAmt054600
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IRS990ScheduleD/TotalRevenuePerForm990Amt0627400
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0862300
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0Solicitation
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0582200
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0507900
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0ELEANOR TISHLER
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IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt0582200
IRS990ScheduleG/TotalNetToOrganizationAmt0507900
IRS990ScheduleG/TotalRetainedByContractorsAmt074300
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt062800
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Internship/Campership
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Legal Services
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt014100
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt111000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc1Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc2Patent Services
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt022
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt16
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt22
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.51$0.05$1.47$0.60$0.71$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.44$0.04$1.40$0.65$0.59$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.24$0.02$1.21$0.56$0.54$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.49$0.02$1.47$0.57$0.41$0.16
2020Detailed filing. Detailed filing data is available for this year.$1.21$0.04$1.17$0.54$0.84$0.29
2019Detailed filing. Detailed filing data is available for this year.$1.48$0.07$1.41$0.71$0.72$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.58$0.12$1.46$0.63$0.86$0.23
2016Detailed filing. Detailed filing data is available for this year.$1.72$0.09$1.64$0.92$0.90$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.69$0.07$1.62$0.82$0.88$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.78$0.10$1.68$0.94$0.99$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.09$1.72$0.83$0.75$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.07$1.64$0.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.06$1.44$0.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.05$1.29$0.81