Civic Intelligence

Middlesex Coummunity College Foundation Inc.

990 • Fiscal year 2012 • EIN 04-2973384

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 12, 2013

PO Box 716 Spring Road01730
Siviq Scores

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

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

76th percentile

11%

Faster asset growth than 76% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$4,972,993

Up $503,429 (+11%) from 2011

Net Assets

Up

$4,930,993

Up $503,429 (+11%) from 2011

Liabilities

Flat

$42,000

Flat from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$286,079

Down $66,667 (-19%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $4,463,317Liabilities 2010: $14,313Net Assets 2010: $4,449,0042010Assets 2011: $4,469,564Liabilities 2011: $42,000Net Assets 2011: $4,427,5642011Assets 2012: $4,972,993Liabilities 2012: $42,000Net Assets 2012: $4,930,9932012Assets 2013: $5,355,316Liabilities 2013: $42,000Net Assets 2013: $5,313,3162013Assets 2014: $5,628,489Liabilities 2014: $27,500Net Assets 2014: $5,600,9892014Assets 2015: $5,694,260Liabilities 2015: $43,125Net Assets 2015: $5,651,1352015Assets 2016: $5,731,432Liabilities 2016: $4,040Net Assets 2016: $5,727,3922016Assets 2017: $6,257,200Liabilities 2017: $38,074Net Assets 2017: $6,219,1262017Assets 2018: $7,151,396Liabilities 2018: $31,941Net Assets 2018: $7,119,4552018Assets 2019: $7,301,224Liabilities 2019: $52,945Net Assets 2019: $7,248,2792019Assets 2020: $7,749,537Liabilities 2020: $3,700Net Assets 2020: $7,745,8372020Assets 2021: $8,363,120Liabilities 2021: $57,469Net Assets 2021: $8,305,6512021Assets 2022: $10,630,358Liabilities 2022: $3,030,256Net Assets 2022: $7,600,1022022Assets 2023: $10,063,321Liabilities 2023: $1,518,452Net Assets 2023: $8,544,8692023Assets 2024: $10,690,435Liabilities 2024: $1,056,433Net Assets 2024: $9,634,0022024

Highlighted filing

2012

Assets$4,972,993
Liabilities$42,000
Net Assets$4,930,993

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $247,2622010Expenses 2011: $352,7462011Expenses 2012: $286,0792012Revenue 2013: $750,275Expenses 2013: $332,130Net Income 2013: $418,1452013Revenue 2014: $579,802Expenses 2014: $362,788Net Income 2014: $217,0142014Revenue 2015: $325,414Expenses 2015: $202,631Net Income 2015: $122,7832015Revenue 2016: $478,536Expenses 2016: $254,893Net Income 2016: $223,6432016Revenue 2017: $434,321Expenses 2017: $263,767Net Income 2017: $170,5542017Revenue 2018: $1,434,144Expenses 2018: $498,423Net Income 2018: $935,7212018Revenue 2019: $1,199,310Expenses 2019: $1,066,365Net Income 2019: $132,9452019Revenue 2020: $1,338,294Expenses 2020: $905,662Net Income 2020: $432,6322020Revenue 2021: $1,032,499Expenses 2021: $1,156,663Net Income 2021: -$124,1642021Revenue 2022: $1,662,026Expenses 2022: $1,244,150Net Income 2022: $417,8762022Revenue 2023: $2,214,557Expenses 2023: $1,543,722Net Income 2023: $670,8352023Revenue 2024: $3,240,637Expenses 2024: $2,580,871Net Income 2024: $659,7662024

Highlighted filing

2012

Revenue-
Expenses$286,079
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 12, 2013
Return Version
2012v2.1
Gross Receipts
$892,159
Mission and Program Overview

Mission

SEE 990 PAGE 1, LINE 1.

Filing and Contact Details

Filer

EIN
04-2973384
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE FOUNDATION HAS VARIOUS WORKS OF ART HELD FOR VISUAL ENJOYMENT AND CULTURAL EXPOSURE FOR THE STUDENTS OF THE COLLEGE WHICH HAVE NOT BEEN RECORDED IN THE BOOKS AND RECORDS OF THE FOUNDATION
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1THE FOUNDATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION AS DEFINED BY SECTION 509(A) OF THE IRC. THEREFORE, IT IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION IS REQUIRED BY FASB ASC 740-10 TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE FOUNDATION'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE. THEREFORE, MANAGEMENT HAS DETERMINED THAT THE FOUNDATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX EXEMPT NOT-FOR-PROFIT ENTITY.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation2DEPRECIATION ALLOCATED TO RENTAL EXPENSE LINE 6B 42,715. SPECIAL EVENT COST REPORTED ON LINE 8B 89,568.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation3DEPRECIATION ALLOCATED TO RENTAL EXPENSE LINE 6B 42,715. SPECIAL EVENT COST REPORTED ON LINE 8B 89,568.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation4INVESTMENT MANAGEMENT FEES 10,261.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART III, LINE 4:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference1PART X, LINE 2:
IRS990ScheduleD/InvestmentExpensesNotIncluded010261
IRS990ScheduleD/Land/BookValue0161000
IRS990ScheduleD/Land/InvestmentCostOrOtherBasis0161000
IRS990ScheduleD/NetUnrealizedGainsInvestments029632
IRS990ScheduleD/OtherExpensesIncluded0132283
IRS990ScheduleD/OtherExpensesNotIncluded010261
IRS990ScheduleD/OtherRevenues0132283
IRS990ScheduleD/PriorYearAdjustments062500
IRS990ScheduleD/RevenueNotRptdF9900181615
IRS990ScheduleD/RevenueNotRptdOnFinStmt010261
IRS990ScheduleD/RevenueSubtotal0749615
IRS990ScheduleD/SolicitedAssetsForSale00
IRS990ScheduleD/TotalExpensesPerForm9900286079
IRS990ScheduleD/TotalOfBookValueLandBuildings0716712
IRS990ScheduleD/TotalRevenuePerForm9900759876
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0490301
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0931230
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent10193816
IRS990ScheduleG/EventsInformation/CharitableContributionsTotal0193816
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents089568
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent10240351
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent206132
IRS990ScheduleG/EventsInformation/GrossReceiptsOtherEvents012449
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal0258932
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1046535
IRS990ScheduleG/EventsInformation/GrossRevenueEvent206132
IRS990ScheduleG/EventsInformation/GrossRevenueOtherEvents012449
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents065116
IRS990ScheduleG/EventsInformation/NameOfEvent10CELEBRITY FORUM
IRS990ScheduleG/EventsInformation/NameOfEvent20CRAFT FAIR
IRS990ScheduleG/EventsInformation/NetIncomeSummary0-24452
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent1079755
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent20243
IRS990ScheduleG/EventsInformation/OtherDirectExpensesOtherEvents09570
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents089568
IRS990ScheduleG/EventsInformation/TotalNumberOfOtherEvents05
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS ARE PAID DIRECTLY TO MIDDLESEX COMMUNITY COLLEGE. THE COLLEGE IS RESPONSIBLE FOR THE DISTRIBUTION & APPLICATION OF AWARD MONEY TO THE APPROPRIATE STUDENT.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.7$1.06$9.63$3.24$2.58$0.66
2023Detailed filing. Detailed filing data is available for this year.$10.1$1.52$8.54$2.21$1.54$0.67
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$3.03$7.60$1.66$1.24$0.42
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.36$0.06$8.31$1.03$1.16$0.12
2020Detailed filing. Detailed filing data is available for this year.$7.75$0.00$7.75$1.34$0.91$0.43
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.30$0.05$7.25$1.20$1.07$0.13
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.15$0.03$7.12$1.43$0.50$0.94
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.26$0.04$6.22$0.43$0.26$0.17
2016Summary only. Only limited summary data is available for this year.$5.73$0.00$5.73$0.48$0.25$0.22
2015Summary only. Only limited summary data is available for this year.$5.69$0.04$5.65$0.33$0.20$0.12
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$5.63$0.03$5.60$0.58$0.36$0.22
2013Detailed filing. Detailed filing data is available for this year.$5.36$0.04$5.31$0.75$0.33$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.97$0.04$4.93$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.47$0.04$4.43$0.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.46$0.01$4.45$0.25
Peer Organizations

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