Civic Intelligence

Valley Tech Educational Foundation Inc

EIN 04-3425853 • 501(c)3 • Upton, MA

Profile

To provide scholarships to students

65 Pleasant StreetUpton, MA 01568-1499

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

89th percentile

46%

Higher net margin than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

68th percentile

9.8%

Faster asset growth than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

94th percentile

150%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$52,220

Up $4,664 (+9.8%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

$52,220

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin89th percentile

Revenue

Up

$10,074

Up $6,051 (+150%) from 2021

Expenses

Down

$5,410

Down $2,230 (-29%) from 2021

Net Income

Up

$4,664

Up $8,281 (+229%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth68th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2011: $34,524Liabilities 2011: $02011Assets 2012: $36,445Liabilities 2012: $02012Assets 2013: $38,544Liabilities 2013: $02013Assets 2014: $40,411Liabilities 2014: $02014Assets 2015: $41,126Liabilities 2015: $02015Assets 2016: $43,886Liabilities 2016: $02016Assets 2017: $48,624Liabilities 2017: $02017Assets 2018: $52,003Liabilities 2018: $02018Assets 2019: $49,306Liabilities 2019: $02019Assets 2020: $51,173Liabilities 2020: $02020Assets 2021: $47,556Liabilities 2021: $02021Assets 2022: $52,220Liabilities 2022: $0Net Assets 2022: $52,2202022

Highlighted filing

2022

Assets$52,220
Liabilities$0
Net Assets$52,220
Open 2022 Filing

Operations Trend

Revenue Growth94th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15K$10K$5.0K$0-$5.0KRevenue 2011: $6,297Expenses 2011: $9,745Net Income 2011: -$3,4482011Revenue 2012: $8,306Expenses 2012: $6,385Net Income 2012: $1,9212012Revenue 2013: $8,287Expenses 2013: $6,188Net Income 2013: $2,0992013Revenue 2014: $6,202Expenses 2014: $4,335Net Income 2014: $1,8672014Revenue 2015: $7,675Expenses 2015: $6,960Net Income 2015: $7152015Revenue 2016: $8,071Expenses 2016: $5,311Net Income 2016: $2,7602016Revenue 2017: $8,348Expenses 2017: $3,610Net Income 2017: $4,7382017Revenue 2018: $10,601Expenses 2018: $7,222Net Income 2018: $3,3792018Revenue 2019: $3,814Expenses 2019: $6,511Net Income 2019: -$2,6972019Revenue 2020: $6,010Expenses 2020: $4,143Net Income 2020: $1,8672020Revenue 2021: $4,023Expenses 2021: $7,640Net Income 2021: -$3,6172021Revenue 2022: $10,074Expenses 2022: $5,410Net Income 2022: $4,6642022

Highlighted filing

2022

Revenue$10,074
Expenses$5,410
Net Income$4,664
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$52,220
Liabilities
$0
Net assets
$52,220
Revenue
$10,074
Expenses
$5,410
Net income
$4,664
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$52.2$0.00$52.2$10.1$5.41$4.66
2021Summary only. Only limited summary data is available for this year.$47.6$0.00$4.02$7.64$3.62
2020Summary only. Only limited summary data is available for this year.$51.2$0.00$6.01$4.14$1.87
2019Summary only. Only limited summary data is available for this year.$49.3$0.00$3.81$6.51$2.70
2018Summary only. Only limited summary data is available for this year.$52.0$0.00$10.6$7.22$3.38
2017Summary only. Only limited summary data is available for this year.$48.6$0.00$8.35$3.61$4.74
2016Summary only. Only limited summary data is available for this year.$43.9$0.00$8.07$5.31$2.76
2015Summary only. Only limited summary data is available for this year.$41.1$0.00$7.68$6.96$0.72
2014Summary only. Only limited summary data is available for this year.$40.4$0.00$6.20$4.34$1.87
2013Summary only. Only limited summary data is available for this year.$38.5$0.00$8.29$6.19$2.10
2012Summary only. Only limited summary data is available for this year.$36.4$0.00$8.31$6.39$1.92
2011Summary only. Only limited summary data is available for this year.$34.5$0.00$6.30$9.75$3.45
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 18, 2022
Return Version
2021v4.2
Gross Receipts
$10,739
Mission and Program Overview

Mission

To provide scholarships to students

Program Services

DescriptionGrantsExpenses
Provide scholarships to 23 students-$4,600
Provide 1 scholarship to Blackstone Valley Regional School District-$225
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph Barbato JrDirector-$0--
Joseph BroderickPresident-$0--
Thomas BellandVP / Treasurer-$0--
Stephen GrabowskiDirector / Administrator / Treasurer-$0--
Peter WojnarDirector-$0--
Debra YoungDirector-$0--
Theodore MorinDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
T Shirt Sale$4,900$4,900$665$4,235
Total Events$4,900$4,900$665$4,235
Filing and Contact Details

Filer

Filer Name
Valley Tech Educational Foundation Inc
EIN
04-3425853
In Care Of
% Stephen Grabowski
Phone
5085297758
Address
65 Pleasant Street, Upton, MA 01568-1499

Signing Officer

Name
Stephen Grabowski
Title
Treasurer
Phone
5085297758
Signed
2022-10-18
Discuss with paid preparer
Yes

Preparer

Firm
Stanley H Kulas CPA LLC
Address
39 Sunnyfield Drive Windsor CT 0609, Windsor, CT 06095
Preparer
Stanley H Kulas
Phone
8605732411
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Filing fee with State of Massachusetts 35”

Raw XML Appendix188 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Joseph Barbato Jr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Joseph Broderick
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Thomas Belland
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Stephen Grabowski
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VP / Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director / Administrator / Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt035
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide scholarships to students
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provide scholarships to 23 students
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04600
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1225
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SpecialEventsNetIncomeLossAmt04235
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05770
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt069
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt069
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IRS990ScheduleA/InvestmentIncomeCYPct00.03380
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0665
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Filing fee with State of Massachusetts 35
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BusinessOfficerGrp/PhoneNum05085297758
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-18
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ReturnHeader/Filer/BusinessNameControlTxt0VALL
ReturnHeader/Filer/EIN0043425853
ReturnHeader/Filer/InCareOfNm0% Stephen Grabowski
ReturnHeader/Filer/PhoneNum05085297758
ReturnHeader/Filer/USAddress/AddressLine1Txt065 Pleasant Street
ReturnHeader/Filer/USAddress/CityNm0Upton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0015681499
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0862299942
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt039 Sunnyfield Drive Windsor CT 0609
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ReturnHeader/ReturnTs02022-10-18T09:08:05-00:00
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Stephen
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Grabowski
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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No mirrored PDF or thumbnail assets are attached yet.