Civic Intelligence

Middlesex Coummunity College Foundation Inc.

990 • Fiscal year 2022 • EIN 04-2973384

Jul 01, 2021 to Jun 30, 2022 • Filed on Dec 19, 2022

PO Box 8681Lowell, MA 01853

(781) 280-3509

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.29x

Higher debt load relative to assets than 62% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

1.82x

Higher debt load relative to revenue than 87% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

76th percentile

25%

Higher net margin than 76% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

84th percentile

27%

Faster asset growth than 84% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

88th percentile

61%

Faster revenue growth than 88% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$10,630,358

Up $2,267,238 (+27%) from 2021

Net Assets

Down

$7,600,102

Down $705,549 (-8.5%) from 2021

Liabilities

Up

$3,030,256

Up $2,972,787 (+5173%) from 2021

Revenue

Up

$1,662,026

Up $629,527 (+61%) from 2021

Expenses

Up

$1,244,150

Up $87,487 (+7.6%) from 2021

Net Income

Up

$417,876

Up $542,040 (+437%) from 2021

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

2022

Assets$10,630,358
Liabilities$3,030,256
Net Assets$7,600,102

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

2022

Revenue$1,662,026
Expenses$1,244,150
Net Income$417,876
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Dec 19, 2022
Return Version
2021v4.0
Gross Receipts
$2,186,593
Mission and Program Overview

Mission

SEE 990 PAGE 1, LINE 1.

To enlist private sector support in furtherance of the educational and charitable purposes of middlesex community college. It is the vehicle for fundraising from individuals, corporations, small businesses and private foundations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$6,309,945$5,640,248▼ $669,697
Cash and Non-Interest-Bearing Accounts$1,561,698$1,955,913▲ $394,215
Pledges and Grants Receivable$75,262$36,665▼ $38,597
Land, Buildings, and Equipment, Net$377,821$35,015▼ $342,806
Prepaid Expenses and Deferred Charges$30,700$22,479▼ $8,221
Accounts Receivable$1,000$8,000▲ $7,000
Other Notes and Loans Receivable, Net$6,694--
Total Assets$8,363,120$10,630,358▲ $2,267,238
Other Assets Total-$2,932,038-
Liabilities
Other Liabilities-$3,021,480-
Deferred Revenue$5,000$4,883▼ $117
Accounts Payable and Accrued Expenses$52,469$3,893▼ $48,576
Total Liabilities$57,469$3,030,256▲ $2,972,787
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,378,313$5,598,230▲ $219,917
Net Assets Without Donor Restrictions$2,927,338$2,001,872▼ $925,466
Total Net Assets Fund Balance$8,305,651$7,600,102▼ $705,549
Total Liabilities and Net Assets / Fund Balance$8,363,120$10,630,358▲ $2,267,238

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,015$360,415$375,430
Equipment-$157,934$157,934
Land$20,000-$20,000
Other Assets Org$1,368,628--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$2,837,159---$2,837,159
2020$2,768,277$68,882--$2,837,159
2019$2,548,146$166,667▲ $53,464-$2,768,277
2018$2,533,535-▲ $14,611-$2,548,146
2017$2,454,282-▲ $79,253-$2,533,535
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$908,071
Program Service Revenue
$0
Investment Income
$502,603
Other Revenue
$251,352
All Other Contributions
$908,071
Change in Net Assets
$417,876

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,644,578
Revenue Not Reported on Financial Statements
$17,448
Revenue Not Reported on Form 990
$-994,562
Other Revenue Adjustments
$17,448
Total Revenue per Audited Statements
$650,016
Total Revenue per Form 990
$1,662,026
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,038,946
Grants and Similar Amounts Paid$205,204
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$241,439-$241,439
Grants to Domestic Orgs$205,204--$205,204
Fees for Services Other-$109,430-$109,430
Fees for Services Accounting-$23,000-$23,000
Fees for Service Investment Mgmnt Fees-$17,448-$17,448
Other Expenses$628,837$2,248-$2,248
All Other Expenses-$537-$537
Total Functional Expenses$834,041$410,109$0$1,244,150

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,321,575
Total Expenses per Form 990$1,244,150
Expenses per Audited Statements$1,226,702
Expenses Not Reported on Form 990$94,873
Expenses Not Reported on Financial Statements$17,448
Other Expense Adjustments$17,448
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Middlesex Community CollegeBedford, MA-To Provide Scholarsh$205,204
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$114,140
Fundraising Direct Expenses$79,028
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Fundrais$109,850$109,850$79,028$30,822
Total Events$109,850$109,850$79,028$30,822
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned Ren$1,563,410
Lease Liability$1,430,290
Loan Payable Mcc$27,780
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A draft of the 990 is reviewed by management prior to filing.

Form 990, Page 6, Part VI, Line 19

The foundation makes its governing documents, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Middlesex Community College
EIN
04-2973384
Phone
7812803509
Address
PO BOX 8681, LOWELL, MA 01853

Signing Officer

Name
James W Henderson
Title
Chairman
Phone
0078128035
Signed
2022-12-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James W Henderson
Formed
1987
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Firm
Anstiss & Co Pc
Address
6 OMNI WAY SUITE 201, CHELMSFORD, MA 01824-4141
Preparer
Richard B Dionne
Phone
9784522500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To enlist private sector support in furtherance of the educational and charitable purposes of middlesex community college. It is the vehicle for fundraising from individuals, corporations, small businesses and private foundations.

Form 990, Part XI, Line 9

Prior period adjustment -33,990

Financial Statement Notes

Schedule D, Page 3, Part X

The 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 a 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 reports its activities to the internal revenue service and to the commonwealth of massachusetts on an annual basis. These informational returns are generally suubject 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.

Schedule D, Page 4, Part XI, Line 2D

Depreciation allocated to rental expense line 6b 15,845 special event cost reported on line 8b 79,028

Schedule D, Page 4, Part XI, Line 4B

Investment management fees 17,448

Schedule D, Page 4, Part XII, Line 2D

Depreciation allocated to rental expense line 6b 15,845 special event cost reported on line 8b 79,028

Schedule D, Page 4, Part XII, Line 4B

Investment management fees 17,448

Raw XML AppendixShowing 400 of 542 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt052469
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03893
IRS990/AccountsReceivableGrp/BOYAmt01000
IRS990/AccountsReceivableGrp/EOYAmt08000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO ENLIST PRIVATE SECTOR SUPPORT IN FURTHERANCE OF THE EDUCATIONAL AND CHARITABLE PURPOSES OF MIDDLESEX COMMUNITY COLLEGE. IT IS THE VEHICLE FOR FUNDRAISING FROM INDIVIDUALS, CORPORATIONS, SMALL BUSINESSES AND PRIVATE FOUNDATIONS.
IRS990/AllOtherContributionsAmt0908071
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0537
IRS990/AllOtherExpensesGrp/TotalAmt0537
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0JACKSON CHEGE
IRS990/BooksInCareOfDetail/PhoneNum07812803509
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0591 SPRING ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0BEDFORD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001730
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01561698
IRS990/CashNonInterestBearingGrp/EOYAmt01955913
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0true
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0908071
IRS990/CYGrantsAndSimilarPaidAmt0205204
IRS990/CYInvestmentIncomeAmt0502603
IRS990/CYOtherExpensesAmt01038946
IRS990/CYOtherRevenueAmt0251352
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0417876
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01244150
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01662026
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt05000
IRS990/DeferredRevenueGrp/EOYAmt04883
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TO ENABLE MIDDLESEX COMMUNITY COLLEGE, A STATE OWNED AND OPERATED EDUCATIONAL INSTITUTION TO PROVIDE EDUCATIONAL ASSISTANCE TO MASSACHUSETTS RESIDENTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt05378313
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt05598230
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0834041
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt023000
IRS990/FeesForServicesAccountingGrp/TotalAmt023000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0109430
IRS990/FeesForServicesOtherGrp/TotalAmt0109430
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt017448
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt017448
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN P CHEMALY
IRS990/Form990PartVIISectionAGrp/PersonNm1SAMIR A DESAI
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES W HENDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm3DUANE E TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID BASILE
IRS990/Form990PartVIISectionAGrp/PersonNm5LOIS ALVES
IRS990/Form990PartVIISectionAGrp/PersonNm6LURA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm7CAROLE A COWAN
IRS990/Form990PartVIISectionAGrp/PersonNm8WILLIAM CHEMELLI
IRS990/Form990PartVIISectionAGrp/PersonNm9STEPHANIE J CRONIN
IRS990/Form990PartVIISectionAGrp/PersonNm10PETE LALLY
IRS990/Form990PartVIISectionAGrp/PersonNm11FREDRICK CIAMPA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASSISTANT TR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt079028
IRS990/FundraisingGrossIncomeAmt0114140
IRS990/GainOrLossGrp/OtherAmt0295306
IRS990/GainOrLossGrp/SecuritiesAmt091644
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt0205204
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0205204
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0205204
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0725000
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt091644
IRS990/GrossReceiptsAmt02186593
IRS990/GrossRentsGrp/RealAmt011100
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt012
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0115653
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0115653
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0518349
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0377821
IRS990/LandBldgEquipBasisNetGrp/EOYAmt035015
IRS990/LandBldgEquipCostOrOtherBssAmt0553364
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0429694
IRS990/LessRentalExpensesGrp/RealAmt015845
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ENLIST PRIVATE SECTOR SUPPORT IN FURTHERANCE OF THE EDUCATIONAL AND CHARITABLE PURPOSES OF MIDDLESEX COMMUNITY COLLEGE. IT IS THE VEHICLE FOR FUNDRAISING FROM INDIVIDUALS, CORPORATIONS, SMALL BUSINESSES AND PRIVATE FOUNDATIONS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt08305651
IRS990/NetAssetsOrFundBalancesEOYAmt07600102
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0386950
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0386950
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt035112
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-4745
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-4745
IRS990/NetUnrlzdGainsLossesInvstAmt0-1089435
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02927338
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02001872
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0241439
IRS990/OccupancyGrp/TotalAmt0241439
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt02932038
IRS990/OtherChangesInNetAssetsAmt0-33990
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1COMMISSIONS
IRS990/OtherExpensesGrp/Desc2CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012892
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13115
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22248
IRS990/OtherExpensesGrp/ProgramServicesAmt0628837
IRS990/OtherExpensesGrp/TotalAmt0628837
IRS990/OtherExpensesGrp/TotalAmt112892
IRS990/OtherExpensesGrp/TotalAmt23115
IRS990/OtherExpensesGrp/TotalAmt32248
IRS990/OtherLiabilitiesGrp/EOYAmt03021480
IRS990/OtherRevenueMiscGrp/BusinessCd0532000
IRS990/OtherRevenueMiscGrp/Desc0LICENSE INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0220985
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0220985
IRS990/OtherRevenueTotalAmt0220985
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt06694
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt075262
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt036665
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt030700
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022479
IRS990/PrincipalOfficerNm0JAMES W HENDERSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0722751
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0142671
IRS990/PYInvestmentIncomeAmt0112124
IRS990/PYOtherExpensesAmt01013992
IRS990/PYOtherRevenueAmt0197624
IRS990/PYRevenuesLessExpensesAmt0-124164
IRS990/PYTotalExpensesAmt01156663
IRS990/PYTotalRevenueAmt01032499
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0417876
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-4745
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06309945
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05640248
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 219,088
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0908071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0722751
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0937906
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01009460
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01249382
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04827570
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0115653
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt085174
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt098882
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt094991
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt066530
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0461230
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0290369
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0220985
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0219088
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0440073
IRS990ScheduleA/PublicSupportCY170Pct00.81900
IRS990ScheduleA/PublicSupportPY170Pct00.83720
IRS990ScheduleA/PublicSupportTotal170Amt04692147
IRS990ScheduleA/SubstantialContributorsTotAmt0135423
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0908071
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0722751
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0937906
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01009460
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01249382
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04827570
IRS990ScheduleA/TotalSupportAmt05728873
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt015015
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0360415
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0375430
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02837159
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02837159
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02768277
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt068882
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02837159
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02548146
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0166667
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02768277
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt053464
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02533535
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02548146
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt014611
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02454282
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02533535
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt079253
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0157934
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0157934
IRS990ScheduleD/ExpensesNotReportedAmt094873
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt017448
IRS990ScheduleD/ExpensesSubtotalAmt01226702
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt020000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1089435
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01563410
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11368628
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RENT RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RIGHT OF USE ASSET
IRS990ScheduleD/OtherExpensesIncludedAmt094873
IRS990ScheduleD/OtherExpensesNotIncludedAmt017448
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01563410
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11430290
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt227780
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNEARNED REN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LOAN PAYABLE MCC
IRS990ScheduleD/OtherRevenueAmt094873
IRS990ScheduleD/OtherRevenuesNotIncludedAmt017448
IRS990ScheduleD/RevenueNotReportedAmt0-994562
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt017448
IRS990ScheduleD/RevenueSubtotalAmt01644578
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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 A 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 REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUUBJECT 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/SupplementalInformationDetail/ExplanationTxt1DEPRECIATION ALLOCATED TO RENTAL EXPENSE LINE 6B 15,845 SPECIAL EVENT COST REPORTED ON LINE 8B 79,028
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INVESTMENT MANAGEMENT FEES 17,448
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3DEPRECIATION ALLOCATED TO RENTAL EXPENSE LINE 6B 15,845 SPECIAL EVENT COST REPORTED ON LINE 8B 79,028
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4INVESTMENT MANAGEMENT FEES 17,448
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt035015
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02932038
IRS990ScheduleD/TotalExpensesPerForm990Amt01244150
IRS990ScheduleD/TotalLiabilityAmt03021480
IRS990ScheduleD/TotalRevenuePerForm990Amt01662026
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0650016
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01321575
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt079028
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRING FUNDRAIS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0109850
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0109850
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0109850
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0109850
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt030822
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt079028
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt079028
IRS990ScheduleI/GrantRecordsMaintainedInd0false

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.$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
2022Detailed filing. Detailed filing data is available for this year.$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