Civic Intelligence

Seaport Tma Inc

990 • Fiscal year 2018 • EIN 04-3291699

Sep 01, 2017 to Aug 31, 2018 • Filed on Jun 27, 2019

200 Seaport Blvd Mailzone Zs4Boston, MA 02110

(617) 385-5510

Siviq Scores

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

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Net Margin

79th percentile

20%

Higher net margin than 79% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Top Officer Pay

98th percentile

$97,080

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 37.4% of source-year revenue.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Asset Growth

87th percentile

33%

Faster asset growth than 87% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

71st percentile

12%

Faster revenue growth than 71% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$198,744

Up $49,454 (+33%) from 2017

Net Assets

Up

$194,994

Up $51,225 (+36%) from 2017

Liabilities

Down

$3,750

Down $1,771 (-32%) from 2017

Revenue

Up

$259,299

Up $26,988 (+12%) from 2017

Expenses

Down

$208,074

Down $2,547 (-1.2%) from 2017

Net Income

Up

$51,225

Up $29,535 (+136%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $127,620Liabilities 2011: $26,163Net Assets 2011: $101,4572011Assets 2012: $114,855Liabilities 2012: $4,539Net Assets 2012: $110,3162012Assets 2013: $145,242Liabilities 2013: $12,300Net Assets 2013: $132,9422013Assets 2014: $127,819Liabilities 2014: $9,967Net Assets 2014: $117,8522014Assets 2015: $134,229Liabilities 2015: $10,127Net Assets 2015: $124,1022015Assets 2016: $131,236Liabilities 2016: $9,157Net Assets 2016: $122,0792016Assets 2017: $149,290Liabilities 2017: $5,521Net Assets 2017: $143,7692017Assets 2018: $198,744Liabilities 2018: $3,750Net Assets 2018: $194,9942018Assets 2019: $217,743Liabilities 2019: $6,513Net Assets 2019: $211,2302019Assets 2020: $203,174Liabilities 2020: $6,260Net Assets 2020: $196,9142020Assets 2021: $228,150Liabilities 2021: $38,538Net Assets 2021: $189,6122021Assets 2022: $271,019Liabilities 2022: $36,367Net Assets 2022: $234,6522022Assets 2023: $269,344Liabilities 2023: $37,790Net Assets 2023: $231,5542023Assets 2024: $435,944Liabilities 2024: $39,213Net Assets 2024: $396,7312024

Highlighted filing

2018

Assets$198,744
Liabilities$3,750
Net Assets$194,994

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $158,0242011Expenses 2012: $162,4132012Revenue 2013: $181,448Expenses 2013: $158,822Net Income 2013: $22,6262013Revenue 2014: $164,934Expenses 2014: $180,024Net Income 2014: -$15,0902014Revenue 2015: $207,283Expenses 2015: $201,033Net Income 2015: $6,2502015Revenue 2016: $190,593Expenses 2016: $192,616Net Income 2016: -$2,0232016Revenue 2017: $232,311Expenses 2017: $210,621Net Income 2017: $21,6902017Revenue 2018: $259,299Expenses 2018: $208,074Net Income 2018: $51,2252018Revenue 2019: $255,733Expenses 2019: $239,497Net Income 2019: $16,2362019Revenue 2020: $232,372Expenses 2020: $246,688Net Income 2020: -$14,3162020Revenue 2021: $238,289Expenses 2021: $245,591Net Income 2021: -$7,3022021Revenue 2022: $388,229Expenses 2022: $343,189Net Income 2022: $45,0402022Revenue 2023: $367,352Expenses 2023: $370,450Net Income 2023: -$3,0982023Revenue 2024: $452,285Expenses 2024: $287,108Net Income 2024: $165,1772024

Highlighted filing

2018

Revenue$259,299
Expenses$208,074
Net Income$51,225
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jun 27, 2019
Return Version
2017v2.3
Gross Receipts
$259,299
Mission and Program Overview

Mission

To facilitate and encourage the use of alternate means of transportation for commuters in the seaport district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$137,600$189,193▲ $51,593
Pledges and Grants Receivable$9,557$7,627▼ $1,930
Prepaid Expenses and Deferred Charges$2,133$1,882▼ $251
Accounts Receivable-$42-
Total Assets$149,290$198,744▲ $49,454
Liabilities
Accounts Payable and Accrued Expenses$5,521$3,750▼ $1,771
Total Liabilities$5,521$3,750▼ $1,771
Net Assets / Fund Balance
Unrestricted Net Assets$143,769$194,994▲ $51,225
Total Net Assets Fund Balance$143,769$194,994▲ $51,225
Total Liabilities and Net Assets / Fund Balance$149,290$198,744▲ $49,454
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patrick SullivanCEOFT$91,369$5,711$97,080

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$52,455
Program Service Revenue
$206,666
Investment Income
$178
Other Revenue
$0
All Other Contributions
$7,500
Change in Net Assets
$51,225
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$161,923
Other Expenses$46,151
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$31,713$73,998-$105,711
Other Salaries and Wages$26,951$11,550-$38,501
Payroll Taxes$4,654$6,643-$11,297
Fees for Services Management$8,287--$8,287
Occupancy$7,500--$7,500
Office Expenses-$7,247-$7,247
Other Employee Benefits$3,282$3,132-$6,414
Fees for Services Other-$6,363-$6,363
Conferences and Meetings$422$3,711-$4,133
Fees for Services Accounting-$3,900-$3,900
Insurance-$3,416-$3,416
Travel$493$220-$713
Other Expenses$3,523$404-$404
Information Technology$90--$90
Total Functional Expenses$86,915$121,159$0$208,074
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

The executive director oversees the review and tax return process. The treasurer reviews and signs the tax return, and the board reviews the tax return after it has been filed.

Form 990, Page 6, Part VI, Line 12C

Each board member and employee must annually disclose any such conflicts of interest.

Form 990, Page 6, Part VI, Line 15A

The board approves the salary of the executive director. The salary is based upon the annual organizational evaluation sent out to all member companies of seaport tma and the general employee performance during the prior year.

Form 990, Page 6, Part VI, Line 15B

The salary for other employees is also approved by the board members.

Form 990, Page 6, Part VI, Line 19

The governing documents, financial statements, and policies are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Seaport Tma Inc
EIN
04-3291699
Phone
6173855510
Address
200 SEAPORT BLVD MAILZONE ZS4, BOSTON, MA 02110

Signing Officer

Name
Yanni Tsipis
Title
Treasurer
Phone
6173855510
Signed
2019-06-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yanni Tsipis
Formed
1994
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
3

Preparer

Firm
Stanton & Co
Address
400 WEST CUMMINGS PARK STE 5850, WOBURN, MA 01801
Preparer
Sondi B Stanton
Phone
7819331744
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR OVERSEES THE REVIEW AND TAX RETURN PROCESS. THE TREASURER REVIEWS AND SIGNS THE TAX RETURN, AND THE BOARD REVIEWS THE TAX RETURN AFTER IT HAS BEEN FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER AND EMPLOYEE MUST ANNUALLY DISCLOSE ANY SUCH CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD APPROVES THE SALARY OF THE EXECUTIVE DIRECTOR. THE SALARY IS BASED UPON THE ANNUAL ORGANIZATIONAL EVALUATION SENT OUT TO ALL MEMBER COMPANIES OF SEAPORT TMA AND THE GENERAL EMPLOYEE PERFORMANCE DURING THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SALARY FOR OTHER EMPLOYEES IS ALSO APPROVED BY THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0208074
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05521
IRS990/TotalLiabilitiesEOYAmt03750
IRS990/TotalLiabilitiesGrp/BOYAmt05521
IRS990/TotalLiabilitiesGrp/EOYAmt03750
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0143769
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0194994
IRS990/TotalOtherCompensationAmt05711
IRS990/TotalProgramServiceExpensesAmt086915
IRS990/TotalProgramServiceRevenueAmt0206666
IRS990/TotalReportableCompFromOrgAmt091369
IRS990/TotalRevenueGrp/ExclusionAmt0178
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0206666
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0259299
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0149290
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0198744
IRS990/TravelGrp/ManagementAndGeneralAmt0220
IRS990/TravelGrp/ProgramServicesAmt0493
IRS990/TravelGrp/TotalAmt0713
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0143769
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0194994
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0152 GROVE STREET
IRS990/USAddress/CityNm0WESTWOOD
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002090
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.SEAPORTTMA.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0YANNI TSIPIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06173855510
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SEAPORT TMA INC
ReturnHeader/Filer/BusinessNameControlTxt0SEAP
ReturnHeader/Filer/EIN0043291699
ReturnHeader/Filer/PhoneNum06173855510
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 SEAPORT BLVD MAILZONE ZS4
ReturnHeader/Filer/USAddress/CityNm0BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002110
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A3634DE65FAE8783F93C9A8CC6641EA00947A969
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId039FC6A9C81B166CD334DBEF9C92C79829879E8E9
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.79.144.113
ReturnHeader/FilingSecurityInformation/IPDt02019-07-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:54:25
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431995004
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STANTON & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0400 WEST CUMMINGS PARK STE 5850
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOBURN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001801
ReturnHeader/PreparerPersonGrp/PhoneNum07819331744
ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SONDI B STANTON
ReturnHeader/ReturnTs02019-07-08T09:54:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-09-01
ReturnHeader/TaxPeriodEndDt02018-08-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$0.39$3.97$4.52$2.87$1.65
2023Detailed filing. Detailed filing data is available for this year.$2.69$0.38$2.32$3.67$3.70$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.71$0.36$2.35$3.88$3.43$0.45
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.28$0.39$1.90$2.38$2.46$0.07
2020Detailed filing. Detailed filing data is available for this year.$2.03$0.06$1.97$2.32$2.47$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.18$0.07$2.11$2.56$2.39$0.16
2018Detailed filing. Detailed filing data is available for this year.$1.99$0.04$1.95$2.59$2.08$0.51
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.06$1.44$2.32$2.11$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.09$1.22$1.91$1.93$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.10$1.24$2.07$2.01$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.28$0.10$1.18$1.65$1.80$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.12$1.33$1.81$1.59$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.05$1.10$1.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.26$1.01$1.58