Civic Intelligence

The Gloucester Adventure Inc.

990 • Fiscal year 2020 • EIN 04-3020719

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization ProfileSCHOONER-ADVENTURE.ORG
Pobox 1306Gloucester, MA 01931-1306

(978) 281-8079

Siviq Scores

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

Liabilities / Assets

60th percentile

0.18x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

87th percentile

1.19x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

8th percentile

-43%

Higher net margin than 8% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

23rd percentile

-2.3%

Faster asset growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

11th percentile

-39%

Faster revenue growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$2,530,929

Down $60,312 (-2.3%) from 2019

Net Assets

Down

$2,083,345

Down $160,541 (-7.2%) from 2019

Liabilities

Up

$447,584

Up $100,229 (+29%) from 2019

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin8th percentile

Revenue

Down

$374,673

Down $243,770 (-39%) from 2019

Expenses

Down

$535,214

Down $161,743 (-23%) from 2019

Net Income

Down

-$160,541

Down $82,027 (-104%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,736,642Liabilities 2010: $10,952Net Assets 2010: $2,725,6902010Assets 2011: $2,668,454Liabilities 2011: $6,567Net Assets 2011: $2,661,8872011Assets 2012: $2,933,971Liabilities 2012: $10,490Net Assets 2012: $2,923,4812012Assets 2013: $3,109,378Liabilities 2013: $111,549Net Assets 2013: $2,997,8292013Assets 2014: $3,305,564Liabilities 2014: $321,357Net Assets 2014: $2,984,2072014Assets 2015: $3,219,602Liabilities 2015: $322,432Net Assets 2015: $2,897,1702015Assets 2016: $3,078,123Liabilities 2016: $366,926Net Assets 2016: $2,711,1972016Assets 2017: $2,931,268Liabilities 2017: $387,232Net Assets 2017: $2,544,0362017Assets 2018: $2,740,581Liabilities 2018: $418,181Net Assets 2018: $2,322,4002018Assets 2019: $2,591,241Liabilities 2019: $347,355Net Assets 2019: $2,243,8862019Assets 2020: $2,530,929Liabilities 2020: $447,584Net Assets 2020: $2,083,3452020Assets 2021: $2,411,119Liabilities 2021: $423,087Net Assets 2021: $1,988,0322021Assets 2022: $2,237,353Liabilities 2022: $422,492Net Assets 2022: $1,814,8612022Assets 2023: $2,256,111Liabilities 2023: $479,768Net Assets 2023: $1,776,3432023Assets 2024: $2,143,470Liabilities 2024: $406,809Net Assets 2024: $1,736,6612024

Highlighted filing

2020

Assets$2,530,929
Liabilities$447,584
Net Assets$2,083,345
Open 2020 Filing

Operations Trend

Revenue Growth11th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $269,4542010Expenses 2011: $287,1922011Expenses 2012: $329,3622012Revenue 2013: $420,861Expenses 2013: $346,513Net Income 2013: $74,3482013Revenue 2014: $404,041Expenses 2014: $417,663Net Income 2014: -$13,6222014Revenue 2015: $560,110Expenses 2015: $647,147Net Income 2015: -$87,0372015Revenue 2016: $526,814Expenses 2016: $712,787Net Income 2016: -$185,9732016Revenue 2017: $620,697Expenses 2017: $787,858Net Income 2017: -$167,1612017Revenue 2018: $515,054Expenses 2018: $736,690Net Income 2018: -$221,6362018Revenue 2019: $618,443Expenses 2019: $696,957Net Income 2019: -$78,5142019Revenue 2020: $374,673Expenses 2020: $535,214Net Income 2020: -$160,5412020Revenue 2021: $638,810Expenses 2021: $734,123Net Income 2021: -$95,3132021Revenue 2022: $643,885Expenses 2022: $817,056Net Income 2022: -$173,1712022Revenue 2023: $745,862Expenses 2023: $784,380Net Income 2023: -$38,5182023Revenue 2024: $784,805Expenses 2024: $824,487Net Income 2024: -$39,6822024

Highlighted filing

2020

Revenue$374,673
Expenses$535,214
Net Income-$160,541
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$376,698
Mission and Program Overview

Mission

Preservation of the schooner "adventure"

To inform the general public about schooners and their place in history. Further, the preservation of the schooner adventure.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,535,843$2,366,610▼ $169,233
Cash and Non-Interest-Bearing Accounts$49,052$145,087▲ $96,035
Savings and Temporary Cash Investments$2,181$13,884▲ $11,703
Inventories for Sale or Use$3,965$5,148▲ $1,183
Total Assets$2,591,241$2,530,929▼ $60,312
Other Assets Total$200$200→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$304,495$285,921▼ $18,574
Unsecured Notes Loans Payable-$149,900-
Accounts Payable and Accrued Expenses$42,860$11,763▼ $31,097
Total Liabilities$347,355$447,584▲ $100,229
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,241,710$2,081,169▼ $160,541
Net Assets With Donor Restrictions$2,176$2,176→ $0
Total Net Assets Fund Balance$2,243,886$2,083,345▼ $160,541
Total Liabilities and Net Assets / Fund Balance$2,591,241$2,530,929▼ $60,312

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,339,146$2,639,804$4,978,950
Other Land Buildings$27,464$171,631$199,095
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
John MorrisPresident
Peter MadsenVice President-operations
David RhinelanderDirector
Elizabeth RhinalanderDirector
Greg BoverDirector
James ThoenDirector
Jim TaylorDirector
Kenneth RiafDirector
Margot HintlianDirector
Olaf ApransDirector
Pamela BynumDirector
Peter SouzaDirector
William BartonDirector
William WhitneyDirector
Tom DexterSecretary
DAVID O'HARATreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$310,345
Program Service Revenue
$0
Investment Income
$21
Other Revenue
$64,307
All Other Contributions
$301,641
Change in Net Assets
$-160,541
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$316,491
Salaries, Compensation, and Employee Benefits$218,723
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$63,959$126,245-$190,204
Depreciation Depletion$168,865$368-$169,233
Insurance$24,502$4,911-$29,413
Information Technology$4,095$17,709-$21,804
Interest-$17,867-$17,867
Payroll Taxes$6,590$9,430-$16,020
All Other Expenses$11,035$4,281-$15,316
Other Employee Benefits$12,499--$12,499
Fees for Services Accounting-$8,685-$8,685
Office Expenses-$5,233-$5,233
Other Expenses$10,196$4,320-$4,320
Advertising$4,148--$4,148
Total Functional Expenses$330,862$204,352$0$535,214
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$64,885
Fundraising Direct Expenses$2,026
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Events on Board$64,885$64,885$1,026$63,859
Total Events$64,885$64,885$2,026$62,859
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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

Governance Explanations

Form 990, Part VI, Section A, line 6

“The members contribute to the mission of the corporation”

Form 990, Part VI, Section A, line 7A

“The directors have the voting rights and vote at the annual meeting to elect the officers and directors.”

Form 990, Part VI, Section B, line 11B

“The form 990 is presented to the treasurer for approval.”

Form 990, Part VI, Section B, line 12C

“Annually the board of directors and officers are required to disclose, if any, conflicts of interest in writing.”

Form 990, Part VI, Section C, line 18

“Form 990 is available upon written request to the organization or by written request to the attorney general's office.”

Form 990, Part VI, Section C, line 19

“Form 990, the annual financial statements, and the governing instruments are available upon written request to the organization or by written request to the attorney general's office where they are on file and available for public inspection.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“John morris - 37 scribner road, tyngsboro, ma 01879. Peter madsen - 33e springfield street, boston, ma 02118. Olaf aprans - 27 congress street, boston, ma 01970. William barton - 279 sagamore street, so. Hamilton, ma 01982. Tom dexter - 107 wheeler street, gloucester, ma 01930. Greg bover - 3 summit avenue, rockport, ma 01966. Peter souza - 8 friend street, gloucester, ma 01930. David o'hara - po box 107, hamilton, ma 01936. William whitney - 75 kingsbury street, needham, ma 02492. David rhinelander - 16 pine street, gloucester, ma 01930. Margot hintlian - 5 whale cove road, rockport, ma 01966. Elizabeth rhinalander - 17 high street, beverly, ma 01915. Kenneth riaf - 2 duncan street, gloucester, ma 01930. Jim taylor - 8 wyman road, marblehead, ma 01945. James thoen - 4 riversedge, rowley, ma 01969. Pamela bynum - 84 granite street, rockport, ma 01966.”

Filing and Contact Details

Filer

Filer Name
The Gloucester Adventureinc
EIN
04-3020719
Phone
9782818079
Address
POBOX 1306, GLOUCESTER, MA 01931-1306

Signing Officer

Name
Margot Hintlian
Title
Treasurer
Phone
9782818079
Signed
2021-11-15

Organization Details

Principal Officer
John Morris
Formed
1988
Legal Domicile
Ma
Voting Board Members
16
Independent Board Members
16
Employees
6
Volunteers
0

Preparer

Firm
Lloyd B Mcmanus Cpapc
Address
PO BOX 130259, BOSTON, MA 02113
Preparer
Lloyd B Mcmanus Jr
Phone
6173671843
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IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt021
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02811435
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02535843
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02366610
IRS990/LandBldgEquipCostOrOtherBssAmt05178045
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt08704
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PRESERVATION OF THE SCHOONER "ADVENTURE"
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0304495
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0285921
IRS990/NetAssetsOrFundBalancesBOYAmt02243886
IRS990/NetAssetsOrFundBalancesEOYAmt02083345
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt062859
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt062859
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt01448
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01448
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02241710
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02081169
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05233
IRS990/OfficeExpensesGrp/TotalAmt05233
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0200
IRS990/OtherAssetsTotalGrp/EOYAmt0200
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt012499
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012499
IRS990/OtherExpensesGrp/Desc0VESSEL EXPENSES
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3STORAGE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05303
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14320
IRS990/OtherExpensesGrp/ProgramServicesAmt024973
IRS990/OtherExpensesGrp/ProgramServicesAmt110196
IRS990/OtherExpensesGrp/TotalAmt024973
IRS990/OtherExpensesGrp/TotalAmt110196
IRS990/OtherExpensesGrp/TotalAmt25303
IRS990/OtherExpensesGrp/TotalAmt34320
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0126245
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt063959
IRS990/OtherSalariesAndWagesGrp/TotalAmt0190204
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09430
IRS990/PayrollTaxesGrp/ProgramServicesAmt06590
IRS990/PayrollTaxesGrp/TotalAmt016020
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN MORRIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0431823
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt06500
IRS990/PYInvestmentIncomeAmt096
IRS990/PYOtherExpensesAmt0413384
IRS990/PYOtherRevenueAmt0121017
IRS990/PYProgramServiceRevenueAmt065507
IRS990/PYRevenuesLessExpensesAmt0-78514
IRS990/PYSalariesCompEmpBnftPaidAmt0277073
IRS990/PYTotalExpensesAmt0696957
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0618443
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-160541
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01469
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02181
IRS990/SavingsAndTempCashInvstGrp/EOYAmt013884
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0248449
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0431823
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0341340
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0395844
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0410975
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01828431
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt096
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt071
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0118
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02538
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02844
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0615985
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.51930
IRS990ScheduleA/PublicSupportPY170Pct00.51640
IRS990ScheduleA/PublicSupportTotal170Amt0950897
IRS990ScheduleA/SubstantialContributorsTotAmt0877534
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0248449
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0431823
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0341340
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0395844
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0410975
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01828431
IRS990ScheduleA/TotalSupportAmt01831275
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02339146
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02639804
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04978950
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt027464
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0171631
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0199095
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02366610
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02026
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0EVENTS ON BOARD
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt064885
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt064885
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt064885
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt064885
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt062859
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01026
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01026
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt01000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01000
IRS990ScheduleG/IndividualWithBooksNm0FRED WITTE
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0FITZ HUGH LANE HOUSE
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0GLOUCESTER
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MA
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd001930
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS CONTRIBUTE TO THE MISSION OF THE CORPORATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTORS HAVE THE VOTING RIGHTS AND VOTE AT THE ANNUAL MEETING TO ELECT THE OFFICERS AND DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PRESENTED TO THE TREASURER FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUALLY THE BOARD OF DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE, IF ANY, CONFLICTS OF INTEREST IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION OR BY WRITTEN REQUEST TO THE ATTORNEY GENERAL'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990, THE ANNUAL FINANCIAL STATEMENTS, AND THE GOVERNING INSTRUMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION OR BY WRITTEN REQUEST TO THE ATTORNEY GENERAL'S OFFICE WHERE THEY ARE ON FILE AND AVAILABLE FOR PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6JOHN MORRIS - 37 SCRIBNER ROAD, TYNGSBORO, MA 01879. PETER MADSEN - 33E SPRINGFIELD STREET, BOSTON, MA 02118. OLAF APRANS - 27 CONGRESS STREET, BOSTON, MA 01970. WILLIAM BARTON - 279 SAGAMORE STREET, SO. HAMILTON, MA 01982. TOM DEXTER - 107 WHEELER STREET, GLOUCESTER, MA 01930. GREG BOVER - 3 SUMMIT AVENUE, ROCKPORT, MA 01966. PETER SOUZA - 8 FRIEND STREET, GLOUCESTER, MA 01930. DAVID O'HARA - PO BOX 107, HAMILTON, MA 01936. WILLIAM WHITNEY - 75 KINGSBURY STREET, NEEDHAM, MA 02492. DAVID RHINELANDER - 16 PINE STREET, GLOUCESTER, MA 01930. MARGOT HINTLIAN - 5 WHALE COVE ROAD, ROCKPORT, MA 01966. ELIZABETH RHINALANDER - 17 HIGH STREET, BEVERLY, MA 01915. KENNETH RIAF - 2 DUNCAN STREET, GLOUCESTER, MA 01930. JIM TAYLOR - 8 WYMAN ROAD, MARBLEHEAD, MA 01945. JAMES THOEN - 4 RIVERSEDGE, ROWLEY, MA 01969. PAMELA BYNUM - 84 GRANITE STREET, ROCKPORT, MA 01966.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 18

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,530,929
Liabilities
$447,584
Net assets
$2,083,345
Revenue
$374,673
Expenses
$535,214
Net income
-$160,541
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.41$1.74$0.78$0.82$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.26$0.48$1.78$0.75$0.78$0.04
2022Detailed filing. Detailed filing data is available for this year.$2.24$0.42$1.81$0.64$0.82$0.17
2021Detailed filing. Detailed filing data is available for this year.$2.41$0.42$1.99$0.64$0.73$0.10
2020Detailed filing. Detailed filing data is available for this year.$2.53$0.45$2.08$0.37$0.54$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$0.35$2.24$0.62$0.70$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.74$0.42$2.32$0.52$0.74$0.22
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.93$0.39$2.54$0.62$0.79$0.17
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.08$0.37$2.71$0.53$0.71$0.19
2015Detailed filing. Detailed filing data is available for this year.$3.22$0.32$2.90$0.56$0.65$0.09
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.31$0.32$2.98$0.40$0.42$0.01
2013Detailed filing. Detailed filing data is available for this year.$3.11$0.11$3.00$0.42$0.35$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.93$0.01$2.92$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$0.01$2.66$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$0.01$2.73$0.27