Civic Intelligence

Massachusetts Locksmiths Inc

990EZ • Fiscal year 2022 • EIN 04-2788145

Jan 01, 2022 to Dec 31, 2022 • Filed on May 05, 2023

17 Cambridge StreetBurlington, MA 01803

(617) 620-2173

Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

45th percentile

0.00x

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

10th percentile

-40%

Higher net margin than 10% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

33rd percentile

-8.2%

Faster asset growth than 33% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

64th percentile

24%

Faster revenue growth than 64% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$101,234

Down $9,004 (-8.2%) from 2021

Net Assets

Down

$101,234

Down $9,004 (-8.2%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$20,380

Up $4,002 (+24%) from 2021

Expenses

Up

$28,477

Up $11,705 (+70%) from 2021

Net Income

Down

-$8,097

Down $7,703 (-1955%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $100,036Net Assets 2010: $100,0362010Assets 2011: $102,438Net Assets 2011: $102,4382011Assets 2012: $103,727Net Assets 2012: $103,7272012Assets 2013: $108,948Liabilities 2013: $0Net Assets 2013: $108,9482013Assets 2014: $106,363Liabilities 2014: $0Net Assets 2014: $106,3632014Assets 2015: $109,677Liabilities 2015: $0Net Assets 2015: $109,6772015Assets 2016: $108,795Liabilities 2016: $0Net Assets 2016: $108,7952016Assets 2017: $107,182Liabilities 2017: $0Net Assets 2017: $107,1822017Assets 2018: $118,490Liabilities 2018: $0Net Assets 2018: $118,4902018Assets 2019: $112,341Liabilities 2019: $0Net Assets 2019: $112,3412019Assets 2020: $110,632Liabilities 2020: $0Net Assets 2020: $110,6322020Assets 2021: $110,238Liabilities 2021: $0Net Assets 2021: $110,2382021Assets 2022: $101,234Liabilities 2022: $0Net Assets 2022: $101,2342022Assets 2023: $92,711Liabilities 2023: $0Net Assets 2023: $92,7112023Assets 2024: $89,934Net Assets 2024: $89,9342024

Highlighted filing

2022

Assets$101,234
Liabilities$0
Net Assets$101,234

Operations Trend

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

$40K$20K$0-$20KRevenue 2010: $21,837Expenses 2010: $20,141Net Income 2010: $1,6962010Revenue 2011: $23,698Expenses 2011: $21,296Net Income 2011: $2,4022011Revenue 2012: $25,484Expenses 2012: $24,195Net Income 2012: $1,2892012Revenue 2013: $24,840Expenses 2013: $19,619Net Income 2013: $5,2212013Revenue 2014: $25,469Expenses 2014: $28,054Net Income 2014: -$2,5852014Revenue 2015: $27,078Expenses 2015: $23,764Net Income 2015: $3,3142015Revenue 2016: $24,779Expenses 2016: $25,661Net Income 2016: -$8822016Revenue 2017: $22,145Expenses 2017: $24,008Net Income 2017: -$1,8632017Revenue 2018: $33,164Expenses 2018: $21,856Net Income 2018: $11,3082018Revenue 2019: $19,303Expenses 2019: $25,452Net Income 2019: -$6,1492019Revenue 2020: $13,750Expenses 2020: $10,499Net Income 2020: $3,2512020Revenue 2021: $16,378Expenses 2021: $16,772Net Income 2021: -$3942021Revenue 2022: $20,380Expenses 2022: $28,477Net Income 2022: -$8,0972022Revenue 2023: $16,313Expenses 2023: $24,836Net Income 2023: -$8,5232023Revenue 2024: $22,671Expenses 2024: $28,648Net Income 2024: -$5,9772024

Highlighted filing

2022

Revenue$20,380
Expenses$28,477
Net Income-$8,097
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 5, 2023
Return Version
2022v5.0
Gross Receipts
$20,380
Mission and Program Overview

Mission

The education and cooperation of locksmiths in the field through meetings and seminars.

Program Services

DescriptionGrantsExpenses
THE EDUCATION AND COOPERATION OF LOCKSMITHS IN THE FIELD THROUGH MEETINGS AND SEMINARS.--
THE EDUCATION AND COOPERATION OF LOCKSMITHS IN THE FIELD THROUGH MEETINGS AND SEMINARS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DJ DABNIGNOPresident-$0--
NICOLE SALEMMETreasurer-$0--
RICHARD WEISSESecretary-$0--
JOSEPH DALESSIODirector-$0--
PHILIP MINGHELLADirector-$0--
Filing and Contact Details

Filer

Filer Name
Massachusetts Locksmiths Inc
EIN
04-2788145
Phone
6176202173
Address
17 CAMBRIDGE STREET, BURLINGTON, MA 01803

Signing Officer

Name
Nicole Salemme
Title
Treasurer
Signed
2023-05-05
Discuss with paid preparer
Yes

Preparer

Firm
Rs Reed CPA LLC
Address
158 MAIN ST, NORFOLK, MA 02056
Preparer
Robert S Reed
Phone
5085200208
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses promotional supplies 2,503 scholarship 645 charitable conrtibutions 1,026 hallmark 113 cc and qb fees 416 computer & web services 4,173 executive meetings 3,483 regular meetings 1,518 holiday party 3,899 rental space 2,000 total 19,776

Form 990-ez, Part II, Line 24

Undeposited funds 80 960 total 80 960

Form 990-ez, Part II, Line 26

AR ADJUSTMENT 580 0

Form 990-ez, Part III

The education and cooperation of locksmiths in the field through meetings and seminars.

Form 990-ez, Part III, Line 31

The education and cooperation of locksmiths in the field through meetings and seminars.

Raw XML Appendix115 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/BusinessName/BusinessNameLine1Txt0MASS LOCKSMITHS ASSOCIATION
IRS990EZ/BooksInCareOfDetail/PhoneNum06177778128
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt017 CAMBRIDGE STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BURLINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001803
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0109831
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0100274
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt06079
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8097
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08521
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0109911
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0101234
IRS990EZ/GrossReceiptsAmt020380
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt036
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt09200
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0109331
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0101234
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0109331
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0101234
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DJ DABNIGNO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NICOLE SALEMME
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RICHARD WEISSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOSEPH DALESSIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4PHILIP MINGHELLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt080
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0960
IRS990EZ/OtherExpensesTotalAmt019776
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE EDUCATION AND COOPERATION OF LOCKSMITHS IN THE FIELD THROUGH MEETINGS AND SEMINARS.
IRS990EZ/PrintingPublicationsPostageAmt0180
IRS990EZ/ProgramServiceRevenueAmt05065
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE EDUCATION AND COOPERATION OF LOCKSMITHS IN THE FIELD THROUGH MEETINGS AND SEMINARS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE EDUCATION AND COOPERATION OF LOCKSMITHS IN THE FIELD THROUGH MEETINGS AND SEMINARS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0580
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt028477
IRS990EZ/TotalRevenueAmt020380
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PROMOTIONAL SUPPLIES 2,503 SCHOLARSHIP 645 CHARITABLE CONRTIBUTIONS 1,026 HALLMARK 113 CC AND QB FEES 416 COMPUTER & WEB SERVICES 4,173 EXECUTIVE MEETINGS 3,483 REGULAR MEETINGS 1,518 HOLIDAY PARTY 3,899 RENTAL SPACE 2,000 TOTAL 19,776
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNDEPOSITED FUNDS 80 960 TOTAL 80 960
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AR ADJUSTMENT 580 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EDUCATION AND COOPERATION OF LOCKSMITHS IN THE FIELD THROUGH MEETINGS AND SEMINARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EDUCATION AND COOPERATION OF LOCKSMITHS IN THE FIELD THROUGH MEETINGS AND SEMINARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NICOLE SALEMME
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASSACHUSETTS LOCKSMITHS INC
ReturnHeader/Filer/BusinessNameControlTxt0MASS
ReturnHeader/Filer/EIN0042788145
ReturnHeader/Filer/PhoneNum06176202173
ReturnHeader/Filer/USAddress/AddressLine1Txt017 CAMBRIDGE STREET
ReturnHeader/Filer/USAddress/CityNm0BURLINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001803
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273168101
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RS REED CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0158 MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORFOLK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002056
ReturnHeader/PreparerPersonGrp/PhoneNum05085200208
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT S REED
ReturnHeader/ReturnTs02023-05-05T08:45:52-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NICOLE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SALEMME
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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.$0.90$0.90$0.23$0.29$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.16$0.25$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.20$0.28$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.16$0.17$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.14$0.10$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.19$0.25$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.33$0.22$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.22$0.24$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.25$0.26$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.27$0.24$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.25$0.28$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.25$0.20$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$1.04$0.25$0.24$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$1.02$0.24$0.21$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$1.00$0.22$0.20$0.02