Civic Intelligence

Massachusetts Economic Development Foundation Inc.

990EZ • Fiscal year 2012 • EIN 04-3451191

Jul 01, 2011 to Jun 30, 2012 • Filed on Sep 19, 2012

Organization ProfileWWW.MASSECON.COM
101 Walnut Street02472
Siviq Scores

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

Liabilities / Assets

87th percentile

0.44x

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

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

95th percentile

1.08x

Higher debt load relative to revenue than 95% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

6th percentile

-76%

Higher net margin than 6% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

7th percentile

-57%

Faster asset growth than 7% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

75th percentile

23%

Faster revenue growth than 75% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$28,858

Down $37,730 (-57%) from 2011

Net Assets

$16,258

No earlier filing loaded for comparison.

Liabilities

Down

$12,600

Down $28,878 (-70%) from 2011

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin6th percentile

Revenue

Up

$11,700

Up $2,190 (+23%) from 2011

Expenses

Up

$20,552

Up $11,206 (+120%) from 2011

Net Income

Down

-$8,852

Down $9,016 (-5498%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$100K$50K$0-$50KAssets 2011: $66,588Liabilities 2011: $41,4782011Assets 2012: $28,858Liabilities 2012: $12,600Net Assets 2012: $16,2582012Assets 2013: $21,364Liabilities 2013: $8,443Net Assets 2013: $12,9212013Assets 2014: $18,462Liabilities 2014: $0Net Assets 2014: $18,4622014Assets 2015: $56,973Liabilities 2015: $951Net Assets 2015: $56,0222015Assets 2016: $23,429Liabilities 2016: $1,0882016Assets 2017: $17,846Liabilities 2017: $7,812Net Assets 2017: $10,0342017Assets 2018: $25,943Liabilities 2018: $41,013Net Assets 2018: -$15,0702018Assets 2019: $29,382Liabilities 2019: $44,890Net Assets 2019: -$15,5082019Assets 2020: $40,543Liabilities 2020: $58,554Net Assets 2020: -$18,0112020Assets 2021: $52,246Liabilities 2021: $40,740Net Assets 2021: $11,5062021Assets 2022: $42,060Liabilities 2022: $31,302Net Assets 2022: $10,7582022Assets 2023: $33,410Liabilities 2023: $20,774Net Assets 2023: $12,6362023Assets 2024: $20,868Liabilities 2024: $13,578Net Assets 2024: $7,2902024

Highlighted filing

2012

Assets$28,858
Liabilities$12,600
Net Assets$16,258
Open 2012 Filing

Operations Trend

Revenue Growth75th percentile

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

$100K$50K$0-$50KRevenue 2011: $9,510Expenses 2011: $9,346Net Income 2011: $1642011Revenue 2012: $11,700Expenses 2012: $20,552Net Income 2012: -$8,8522012Revenue 2013: $6,505Expenses 2013: $9,842Net Income 2013: -$3,3372013Revenue 2014: $12,310Expenses 2014: $6,769Net Income 2014: $5,5412014Revenue 2015: $60,079Expenses 2015: $22,519Net Income 2015: $37,5602015Revenue 2016: $45,650Expenses 2016: $79,331Net Income 2016: -$33,6812016Revenue 2017: $10,125Expenses 2017: $44,218Net Income 2017: -$34,0932017Revenue 2018: $5,250Expenses 2018: $30,354Net Income 2018: -$25,1042018Revenue 2019: $23,931Expenses 2019: $24,369Net Income 2019: -$4382019Revenue 2020: $22,950Expenses 2020: $25,453Net Income 2020: -$2,5032020Revenue 2021: $60,835Expenses 2021: $31,318Net Income 2021: $29,5172021Revenue 2022: $31,410Expenses 2022: $32,158Net Income 2022: -$7482022Revenue 2023: $46,770Expenses 2023: $44,892Net Income 2023: $1,8782023Revenue 2024: $8,950Expenses 2024: $14,296Net Income 2024: -$5,3462024

Highlighted filing

2012

Revenue$11,700
Expenses$20,552
Net Income-$8,852
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Sep 19, 2012
Return Version
2011v1.2
Mission and Program Overview

Mission

To promote and educate the community about economic development in massachusetts

Filing and Contact Details

Filer

EIN
04-3451191
Raw XML Appendix154 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/ActivitiesNotPreviouslyRpt00
IRS990EZ/AddressChange0X
IRS990EZ/AmountOfTaxImposedOnOrgMgr00
IRS990EZ/AmountOfTaxReimbursedByOrg00
IRS990EZ/CashSavingsAndInvestments/BOY025110
IRS990EZ/CashSavingsAndInvestments/EOY016258
IRS990EZ/DirectIndirectPoliticalExpend00
IRS990EZ/DoesOrgHaveHospital00
IRS990EZ/EngagedInExcessBenefitTrans00
IRS990EZ/EngageInLobbyingActivities00
IRS990EZ/EngagePoliticalCmpgnActivities00
IRS990EZ/ExcessOrDeficitForYear0-8852
IRS990EZ/FeesAndOthPymtToIndContractors0959
IRS990EZ/FiledScheduleA01
IRS990EZ/ForeignFinancialAccount00
IRS990EZ/ForeignOffice00
IRS990EZ/GrossReceipts011700
IRS990EZ/InfoInScheduleOPartI0X
IRS990EZ/InfoInScheduleOPartII0X
IRS990EZ/InfoInScheduleOPartIII0X
IRS990EZ/InfoInScheduleOPartV0X
IRS990EZ/MadeChangesToOrgnzngEtcDoc00
IRS990EZ/MadeLoansToFromOfficers00
IRS990EZ/MaintainAnyDonorAdvisedFunds00
IRS990EZ/MethodOfAccountingAccrual0X
IRS990EZ/NetAssetsOrFundBalances/BOY025110
IRS990EZ/NetAssetsOrFundBalancesBOY025110
IRS990EZ/NetAssetsOrFundBalances/EOY016258
IRS990EZ/NetAssetsOrFundBalancesEOY016258
IRS990EZ/OccupancyRentUtilitiesAndMaint01163
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine10101 WALNUT STREET
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine11101 WALNUT STREET
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine12101 WALNUT STREET
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City0WATERTOWN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City1WATERTOWN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City2WATERTOWN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State0MA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State1MA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State2MA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode002472
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode102472
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode202472
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition01.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition11.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition21.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0FRED MULLIGAN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1GEOFF HOWELL
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2BRIAN COHEN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2DIRECTOR
IRS990EZ/OperatingSchool00
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc00
IRS990EZ/OrganizationHadUBI00
IRS990EZ/OtherAssetsTotal/BOY041478
IRS990EZ/OtherAssetsTotal/EOY012600
IRS990EZ/OtherChangesInNetAssets00
IRS990EZ/OtherExpensesTotal013594
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0TO PROMOTE AND EDUCATE THE COMMUNITY ABOUT ECONOMIC DEVELOPMENT IN MASSACHUSETTS.
IRS990EZ/PrintingPublicationsPostage013
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0THE FOUNDATION MARKETS MASSACHUSETTS AS A PLACE TO DO BUSINESS, HOSTS EDUCATIONAL PROGRAMS RELATING TO THE ECONOMY AND PROVIDES SERVICES THAT ENHANCE JOB CREATION
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations00
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses018240
IRS990EZ/ProgramServiceRevenue011700
IRS990EZ/ProhibitedTaxShelterTrans00
IRS990EZ/RelatedOrgControlledEntity00
IRS990EZ/SalariesOtherCompEmplBenefits04823
IRS990EZ/ScheduleBNotRequired0X
IRS990EZ/StatesWhereCopyOfReturnIsFiled0MA
IRS990EZ/SubjectToProxyTax00
IRS990EZ/SumOfTotalLiabilities/BOY041478
IRS990EZ/SumOfTotalLiabilities/EOY012600
IRS990EZ/TanningServicesProvided00
IRS990EZ/TaxImposedUnderIRC491100
IRS990EZ/TaxImposedUnderIRC491200
IRS990EZ/TaxImposedUnderIRC495500
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine10101 WALNUT STREET
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0WATERTOWN
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0MA
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode002472
IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10SUSAN HOUSTON
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber06179244600
IRS990EZ/TotalAssets/BOY066588
IRS990EZ/TotalAssets/EOY028858
IRS990EZ/TotalExpenses020552
IRS990EZ/TotalProgramServiceExpenses018240
IRS990EZ/TotalRevenue011700
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg00
IRS990EZ/WebSite0MASSECON.COM
IRS990ScheduleA/ContribBy35ControlledEntity00
IRS990ScheduleA/ContribByControllingIndividual00
IRS990ScheduleA/ContributionByRelatedParty00
IRS990ScheduleA/SumOfAmounts00
IRS990ScheduleA/SupportedOrgInformation/Amount00
IRS990ScheduleA/SupportedOrgInformation/EIN0043172007
IRS990ScheduleA/SupportedOrgInformation/ListedInGoverningDoc01
IRS990ScheduleA/SupportedOrgInformation/Name/BusinessNameLine10MASS ALLIANCE FOR ECON DEVELOPMENT
IRS990ScheduleA/SupportedOrgInformation/OrganizedInUS01
IRS990ScheduleA/SupportedOrgInformation/SupportedOrganizationNotified01
IRS990ScheduleA/SupportedOrgInformation/TypeOfOrganization0501(C)(6)
IRS990ScheduleA/SupportingOrg509a3Type10X
IRS990ScheduleA/SupportingOrganization509a30X
IRS990ScheduleA/TotalNumberOfSupportedOrgs01
IRS990ScheduleO/GeneralExplanation/Explanation0DESCRIPTION: LOCATION SUPPORT-DATA SERVICES. AMOUNT: 7,724. DESCRIPTION: MARKETING. AMOUNT: 5,357. DESCRIPTION: TRAVEL & MEALS. AMOUNT: 175. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 91. DESCRIPTION: INSURANCE. AMOUNT: 59. DESCRIPTION: COMPUTER MAINTENANCE. AMOUNT: 43. DESCRIPTION: PAYROLL SERVICE FEE. AMOUNT: 41. DESCRIPTION: MEMBERSHIPS. AMOUNT: 32. DESCRIPTION: OTHER EXPENSES. AMOUNT: 32. DESCRIPTION: BANK & CREDIT CARD FEES. AMOUNT: 18. DESCRIPTION: STAFF TRAINING. AMOUNT: 10. DESCRIPTION: GOVERNMENT RELATIONS. AMOUNT: 5. DESCRIPTION: SUBSCRIPTIONS. AMOUNT: 4. DESCRIPTION: LICENSE AND FEES. AMOUNT: 3. TOTAL TO FORM 990-EZ, LINE 16: 13,594.
IRS990ScheduleO/GeneralExplanation/Explanation1DESCRIPTION: CASH HELD FOR OTHERS. BEG. OF YEAR AMOUNT: 41,478. END OF YEAR AMOUNT: 12,600.
IRS990ScheduleO/GeneralExplanation/Explanation2DESCRIPTION: DUE TO OTHERS. BEG. OF YEAR AMOUNT: 41,478. END OF YEAR AMOUNT: 12,600.
IRS990ScheduleO/GeneralExplanation/Identifier0OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier1OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier2OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990-EZ, PART II, LINE 26
TransferPrsnlBnftContractsDecl/Declaration0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0043451191
ReturnHeader/Filer/Name/BusinessNameLine10MASSACHUSETTS ECONOMIC DEVELOPMENT
ReturnHeader/Filer/Name/BusinessNameLine20FOUNDATION INC
ReturnHeader/Filer/NameControl0MASS
ReturnHeader/Filer/Phone06179244600
ReturnHeader/Filer/USAddress/AddressLine10101 WALNUT STREET
ReturnHeader/Filer/USAddress/City0WATERTOWN
ReturnHeader/Filer/USAddress/State0MA
ReturnHeader/Filer/USAddress/ZIPCode002472
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02012-09-19
ReturnHeader/Officer/Name0SUSAN HOUSTON
ReturnHeader/Officer/Phone06179244600
ReturnHeader/Officer/Title0EXECUTIVE DIRECTOR
ReturnHeader/Preparer/DatePrepared02012-09-19
ReturnHeader/PreparerFirm/EIN0042684828
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10FEELEY & DRISCOLL PC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10200 PORTLAND STREET
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0BOSTON
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0MA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode002114
ReturnHeader/Preparer/Name0JEFFREY T ROGERS
ReturnHeader/Preparer/Phone06177427788
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02011-07-01
ReturnHeader/TaxPeriodEndDate02012-06-30
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02012-11-07T13:28:28-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$28,858
Liabilities
$12,600
Net assets
$16,258
Revenue
$11,700
Expenses
$20,552
Net income
-$8,852
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.9$13.6$7.29$8.95$14.3$5.35
2023Detailed filing. Detailed filing data is available for this year.$33.4$20.8$12.6$46.8$44.9$1.88
2022Detailed filing. Detailed filing data is available for this year.$42.1$31.3$10.8$31.4$32.2$0.75
2021Detailed filing. Detailed filing data is available for this year.$52.2$40.7$11.5$60.8$31.3$29.5
2020Detailed filing. Detailed filing data is available for this year.$40.5$58.6$18.0$23.0$25.5$2.50
2019Detailed filing. Detailed filing data is available for this year.$29.4$44.9$15.5$23.9$24.4$0.44
2018Detailed filing. Detailed filing data is available for this year.$25.9$41.0$15.1$5.25$30.4$25.1
2017Detailed filing. Detailed filing data is available for this year.$17.8$7.81$10.0$10.1$44.2$34.1
2016Summary only. Only limited summary data is available for this year.$23.4$1.09$45.7$79.3$33.7
2015Detailed filing. Detailed filing data is available for this year.$57.0$0.95$56.0$60.1$22.5$37.6
2014Detailed filing. Detailed filing data is available for this year.$18.5$0.00$18.5$12.3$6.77$5.54
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.4$8.44$12.9$6.51$9.84$3.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.9$12.6$16.3$11.7$20.6$8.85
2011Summary only. Only limited summary data is available for this year.$66.6$41.5$9.51$9.35$0.16