Civic Intelligence

Wachusett Regional Education

990EZ • Fiscal year 2019 • EIN 04-3265326

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 09, 2019

Organization ProfileWWW.WACHUSETT.MASSTEACHER.ORG
PO Box 14Holden, MA 01520

(508) 829-1670

Siviq Scores

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

Liabilities / Assets

76th percentile

0.03x

Higher debt load relative to assets than 76% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

0.04x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Source year 2019

Net Margin

92nd percentile

34%

Higher net margin than 92% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Source year 2019

Top Officer Pay

66th percentile

$5,000

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2019 filings • 501(c)5 • <$500k nonprofits • Source year 2019

Asset Growth

88th percentile

29%

Faster asset growth than 88% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

49th percentile

0.4%

Faster revenue growth than 49% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$139,164

Up $31,356 (+29%) from 2018

Net Assets

Up

$135,664

Up $31,456 (+30%) from 2018

Liabilities

Down

$3,500

Down $100 (-2.8%) from 2018

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin92nd percentile

Revenue

Up

$92,799

Up $333 (+0.4%) from 2018

Expenses

Down

$61,343

Down $37,537 (-38%) from 2018

Net Income

Up

$31,456

Up $37,870 (+590%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$200K$150K$100K$50K$0Assets 2011: $87,057Liabilities 2011: $02011Assets 2012: $103,878Liabilities 2012: $02012Assets 2013: $100,573Liabilities 2013: $3,000Net Assets 2013: $97,5732013Assets 2014: $94,775Liabilities 2014: $3,000Net Assets 2014: $91,7752014Assets 2015: $111,628Liabilities 2015: $3,000Net Assets 2015: $108,6282015Assets 2016: $117,129Liabilities 2016: $3,000Net Assets 2016: $114,1292016Assets 2017: $114,122Liabilities 2017: $3,500Net Assets 2017: $110,6222017Assets 2018: $107,808Liabilities 2018: $3,600Net Assets 2018: $104,2082018Assets 2019: $139,164Liabilities 2019: $3,500Net Assets 2019: $135,6642019Assets 2020: $165,418Liabilities 2020: $4,550Net Assets 2020: $160,8682020Assets 2021: $172,101Liabilities 2021: $3,650Net Assets 2021: $168,4512021Assets 2022: $190,435Liabilities 2022: $3,700Net Assets 2022: $186,7352022Assets 2023: $183,009Liabilities 2023: $5,000Net Assets 2023: $178,0092023Assets 2024: $184,432Liabilities 2024: $5,100Net Assets 2024: $179,3322024

Highlighted filing

2019

Assets$139,164
Liabilities$3,500
Net Assets$135,664
Open 2019 Filing

Operations Trend

Revenue Growth49th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $77,964Expenses 2011: $77,493Net Income 2011: $4712011Revenue 2012: $84,886Expenses 2012: $62,467Net Income 2012: $22,4192012Revenue 2013: $79,592Expenses 2013: $86,474Net Income 2013: -$6,8822013Revenue 2014: $83,579Expenses 2014: $89,377Net Income 2014: -$5,7982014Revenue 2015: $91,550Expenses 2015: $74,697Net Income 2015: $16,8532015Revenue 2016: $90,133Expenses 2016: $84,632Net Income 2016: $5,5012016Revenue 2017: $90,527Expenses 2017: $94,034Net Income 2017: -$3,5072017Revenue 2018: $92,466Expenses 2018: $98,880Net Income 2018: -$6,4142018Revenue 2019: $92,799Expenses 2019: $61,343Net Income 2019: $31,4562019Revenue 2020: $88,647Expenses 2020: $63,443Net Income 2020: $25,2042020Revenue 2021: $85,856Expenses 2021: $78,273Net Income 2021: $7,5832021Revenue 2022: $97,773Expenses 2022: $79,489Net Income 2022: $18,2842022Revenue 2023: $91,818Expenses 2023: $100,544Net Income 2023: -$8,7262023Revenue 2024: $100,954Expenses 2024: $99,631Net Income 2024: $1,3232024

Highlighted filing

2019

Revenue$92,799
Expenses$61,343
Net Income$31,456
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 9, 2019
Return Version
2018v3.2
Gross Receipts
$92,799
Mission and Program Overview

Mission

Contract negotiation and maintenance

Contract negotiation and maintenance.

Program Services

DescriptionGrantsExpenses
TO PROVIDE CONTRACT NEGOTIATION AND MAINTENANCE TO MEMBERS.--
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HEIDI A LAHEYPresidentFT$5,000-$5,000
KIMBERLY MCCORMACKTreasurerPT$5,000-$5,000
MARY LAMPRON-SHEPHERDDirectorPT$5,000-$5,000
STACEY DUFFYClerkPT$5,000-$5,000
MEGAN KELLERDirectorPT$5,000-$5,000
JENNIFER E LEEDirectorPT$4,632-$4,632
Filing and Contact Details

Filer

Filer Name
Wachusett Regional Education
EIN
04-3265326
Address
PO BOX 14, HOLDEN, MA 01520

Signing Officer

Name
Heidi a Lahey
Title
President
Signed
2019-12-09
Discuss with paid preparer
Yes

Preparer

Firm
M Love & Associates LLC
Address
67 MILLBROOK STREET, WORCESTER, MA 01606
Preparer
Mark L Love CPA
Phone
5087975200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Misc income 159 total 159”

Form 990-ez, Part I, Line 16

“Expenses stipends 12,250 negotiations 161 office supplies 3,715 conferences 5,022 meetings 2,771 insurance 183 total 24,102”

Form 990-ez, Part II, Line 26

“Accrued liabilities 3,600 3,500”

Raw XML Appendix125 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/PersonNm0KIMBERLY MCCORMACK
IRS990EZ/BooksInCareOfDetail/PhoneNum05088291670
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 14
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HOLDEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001520
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0107808
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0139164
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt013263
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt031456
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04530
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0107808
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0139164
IRS990EZ/GrossReceiptsAmt092799
IRS990EZ/GroupExemptionNum02348
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0637
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt078740
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0104208
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0135664
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0104208
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0135664
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt035.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt115.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt28.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt312.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt48.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt58.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt05000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt15000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt25000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt34632
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt45000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt55000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HEIDI A LAHEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KIMBERLY MCCORMACK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARY LAMPRON-SHEPHERD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JENNIFER E LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4STACEY DUFFY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MEGAN KELLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt024102
IRS990EZ/OtherRevenueTotalAmt0159
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CONTRACT NEGOTIATION AND MAINTENANCE.
IRS990EZ/PrintingPublicationsPostageAmt0267
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE CONTRACT NEGOTIATION AND MAINTENANCE TO MEMBERS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt032444
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03600
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03500
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt061343
IRS990EZ/TotalRevenueAmt092799
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.WACHUSETT.MASSTEACHER.ORG
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISC INCOME 159 TOTAL 159
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES STIPENDS 12,250 NEGOTIATIONS 161 OFFICE SUPPLIES 3,715 CONFERENCES 5,022 MEETINGS 2,771 INSURANCE 183 TOTAL 24,102
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCRUED LIABILITIES 3,600 3,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HEIDI A LAHEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-12-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WACHUSETT REGIONAL EDUCATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WACH
ReturnHeader/Filer/EIN0043265326
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 14
ReturnHeader/Filer/USAddress/CityNm0HOLDEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001520
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId035D3879163D6E86CE39169CEF1932A0DEFAB2344
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00662FB493721C2B253708D362507FA657DD1859E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.38.98.93
ReturnHeader/FilingSecurityInformation/IPDt02020-05-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:36:56
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464181625
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0M LOVE & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt067 MILLBROOK STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WORCESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001606
ReturnHeader/PreparerPersonGrp/PhoneNum05087975200
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK L LOVE CPA
ReturnHeader/ReturnTs02020-05-06T13:36:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$139,164
Liabilities
$3,500
Net assets
$135,664
Revenue
$92,799
Expenses
$61,343
Net income
$31,456
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.84$0.05$1.79$1.01$1.00$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.83$0.05$1.78$0.92$1.01$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.90$0.04$1.87$0.98$0.79$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.72$0.04$1.68$0.86$0.78$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.05$1.61$0.89$0.63$0.25
2019Detailed filing. Detailed filing data is available for this year.$1.39$0.04$1.36$0.93$0.61$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.04$1.04$0.92$0.99$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.14$0.04$1.11$0.91$0.94$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.03$1.14$0.90$0.85$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.03$1.09$0.92$0.75$0.17
2014Detailed filing. Detailed filing data is available for this year.$0.95$0.03$0.92$0.84$0.89$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.03$0.98$0.80$0.86$0.07
2012Summary only. Only limited summary data is available for this year.$1.04$0.00$0.85$0.62$0.22
2011Summary only. Only limited summary data is available for this year.$0.87$0.00$0.78$0.77$0.00