Civic Intelligence

Waltham Tourism Council Inc

EIN 04-3489710 • 501(c)6 • Waltham, MA

Profile

To integrate all aspects of tourism for the city of waltham, massachusetts

84 South StreetWaltham, MA 02453

www.walthamtourism.com

Siviq Scores

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

Liabilities / Assets

100th percentile

25.48x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.39x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

95th percentile

49%

Higher net margin than 95% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

98th percentile

169%

Faster asset growth than 98% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

1.2%

Faster revenue growth than 53% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets100th percentile

Assets

Up

$1,162

Up $730 (+169%) from 2023

Liabilities

Down

$29,609

Down $36,050 (-55%) from 2023

Net Assets

Up

-$28,447

Up $36,780 (+56%) from 2023

Operations
Liabilities / Revenue91st percentileNet Margin95th percentile

Revenue

Up

$75,000

Up $884 (+1.2%) from 2023

Expenses

Down

$38,220

Down $36,997 (-49%) from 2023

Net Income

Up

$36,780

Up $37,881 (+3441%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

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

$100K$50K$0-$50K-$100KAssets 2013: $940Liabilities 2013: $30,1592013Assets 2014: $5,377Liabilities 2014: $29,2202014Assets 2015: $1,091Liabilities 2015: $29,2192015Assets 2017: $85Liabilities 2017: $28,5002017Assets 2018: $293Liabilities 2018: $28,5002018Assets 2019: $110Liabilities 2019: $53,5002019Assets 2020: $699Liabilities 2020: $55,575Net Assets 2020: -$54,8762020Assets 2021: $500Liabilities 2021: $40,609Net Assets 2021: -$40,1092021Assets 2022: $1,533Liabilities 2022: $65,659Net Assets 2022: -$64,1262022Assets 2023: $432Liabilities 2023: $65,659Net Assets 2023: -$65,2272023Assets 2024: $1,162Liabilities 2024: $29,609Net Assets 2024: -$28,4472024

Highlighted filing

2024

Assets$1,162
Liabilities$29,609
Net Assets-$28,447
Open 2024 Filing

Operations Trend

Revenue Growth53rd percentile

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

$100K$50K$0-$50KRevenue 2013: $37,500Expenses 2013: $39,544Net Income 2013: -$2,0442013Revenue 2014: $75,000Expenses 2014: $69,624Net Income 2014: $5,3762014Revenue 2015: $69,624Expenses 2015: $73,909Net Income 2015: -$4,2852015Revenue 2017: $0Expenses 2017: $10Net Income 2017: -$102017Revenue 2018: $37,500Expenses 2018: $37,292Net Income 2018: $2082018Revenue 2019: $69,669Expenses 2019: $94,852Net Income 2019: -$25,1832019Revenue 2020: $73,500Expenses 2020: $74,986Net Income 2020: -$1,4862020Revenue 2021: $46,967Expenses 2021: $32,200Net Income 2021: $14,7672021Revenue 2022: $50,000Expenses 2022: $74,017Net Income 2022: -$24,0172022Revenue 2023: $74,116Expenses 2023: $75,217Net Income 2023: -$1,1012023Revenue 2024: $75,000Expenses 2024: $38,220Net Income 2024: $36,7802024

Highlighted filing

2024

Revenue$75,000
Expenses$38,220
Net Income$36,780
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,162
Liabilities
$29,609
Net assets
-$28,447
Revenue
$75,000
Expenses
$38,220
Net income
$36,780
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.16$29.6$28.4$75.0$38.2$36.8
2023Detailed filing. Detailed filing data is available for this year.$0.43$65.7$65.2$74.1$75.2$1.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$65.7$64.1$50.0$74.0$24.0
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$40.6$40.1$47.0$32.2$14.8
2020Detailed filing. Detailed filing data is available for this year.$0.70$55.6$54.9$73.5$75.0$1.49
2019Summary only. Only limited summary data is available for this year.$0.11$53.5$69.7$94.9$25.2
2018Summary only. Only limited summary data is available for this year.$0.29$28.5$37.5$37.3$0.21
2017Summary only. Only limited summary data is available for this year.$0.09$28.5$0.00$0.01$0.01
2015Summary only. Only limited summary data is available for this year.$1.09$29.2$69.6$73.9$4.29
2014Summary only. Only limited summary data is available for this year.$5.38$29.2$75.0$69.6$5.38
2013Summary only. Only limited summary data is available for this year.$0.94$30.2$37.5$39.5$2.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$75,000
Mission and Program Overview

Mission

To integrate all aspects of tourism for the city of waltham, massachusetts

Program Services

DescriptionGrantsExpenses
TO INTERGRATE ALL ASPECTS OF TOURISM FOR THE CITY OF WALTHAM BY PLANNING AND PREPARING PROGRAMS THROUGH GRANT APPROPRIATIONS FROM THE CITY OF WALTHAM AND OTHER SOURCES$0$28,992
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MOLYNA RICHARDSONClerk-$0--
ROBERT CLEMENTTreasurer-$0--
JOHN PEACOCKPresident-$0--
ROBERT PERRYDirector-$0--
BETSY SILVIADirector-$0--
DOUGLAS WAYBRIGHTDirector-$0--
MICHAEL COLUMBADirector-$0--
Filing and Contact Details

Filer

Filer Name
Waltham Tourism Council Inc
EIN
04-3489710
Phone
7814197444
Address
84 SOUTH STREET, WALTHAM, MA 02453

Signing Officer

Name
John Peacock
Title
President
Phone
7814197444
Signed
2025-05-12
Discuss with paid preparer
Yes

Preparer

Firm
KOUNDAKJIAN & CO PC CPA'S
Address
9 MERIAM ST SUITE 2, LEXINGTON, MA 02420-5312
Preparer
Donald K Koundakjian
Phone
7818611170
Supplemental Narrative

Additional Explanations

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

“Description: COLLATERAL-ARTS AND CULTURE. Amount: 750. Description: SPECIAL EVENTS - CHARLES RIVER MUSEUM. Amount: 1000. Description: SPECIAL EVENTS - GORE PLACE. Amount: 2000. Description: SPECIAL EVENTS - WALTHAM BOYS & GIRLS CLUB EVENT. Amount: 500. Description: SPECIAL EVENTS - WALTHAM CHAMBER OF COMMERCE EXPO EVENT. Amount: 1000. Description: PUBLIC RELATIONS. Amount: 250. Description: ADMINISTRATIVE EXPENSES/BOOKKEEPING. Amount: 9228. Description: WEB HOSTING, MAINTENANCE & DESIGN. Amount: 4000. Description: SPECIAL EVENTS - DOWNTOWN WALTHAM PARTNERSHIP. Amount: 12500. Description: ADVERTISING, LOCAL, ONLINE AND TELEVISION. Amount: 6992. Total to Form 990-EZ, line 16: 38220.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: LOAN PAYABLE. Beg. of Year Amount: 28500. End of Year Amount: 28500. Description: LOAN PAYABLE - CHAMBER. Beg. of Year Amount: 37159. End of Year Amount: 1109.”

Raw XML Appendix149 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ROBERT CLEMENT TREASURER
IRS990EZ/BooksInCareOfDetail/PhoneNum07814197444
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt084 SOUTH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WALTHAM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002453
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0432
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01162
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt075000
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt036780
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0432
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01162
IRS990EZ/GrossReceiptsAmt075000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LoansToFromOfficersAmt029609
IRS990EZ/MadeLoansToFromOfficersInd01
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-65227
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-28447
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-65227
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-28447
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MOLYNA RICHARDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROBERT CLEMENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN PEACOCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROBERT PERRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BETSY SILVIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DOUGLAS WAYBRIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MICHAEL COLUMBA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt038220
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO INTEGRATE ALL ASPECTS OF TOURISM FOR THE CITY OF WALTHAM, MASSACHUSETTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO INTERGRATE ALL ASPECTS OF TOURISM FOR THE CITY OF WALTHAM BY PLANNING AND PREPARING PROGRAMS THROUGH GRANT APPROPRIATIONS FROM THE CITY OF WALTHAM AND OTHER SOURCES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt028992
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt065659
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt029609
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt038220
IRS990EZ/TotalProgramServiceExpensesAmt028992
IRS990EZ/TotalRevenueAmt075000
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.WALTHAMTOURISM.COM
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt028500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt11109
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0WALTHAM WEST SUBURBAN CHAMBER OF COMMERCE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0WORKING CAPITAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1PAYMENT OF EXPENSES WHILE AWAITING FUNDING
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt028500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt137159
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ARTHUR NELSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0FORMER PRESIDENT OF BOARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1PARTY IN INTEREST
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd10
IRS990ScheduleL/TotalBalanceDueAmt029609
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: COLLATERAL-ARTS AND CULTURE. Amount: 750. Description: SPECIAL EVENTS - CHARLES RIVER MUSEUM. Amount: 1000. Description: SPECIAL EVENTS - GORE PLACE. Amount: 2000. Description: SPECIAL EVENTS - WALTHAM BOYS & GIRLS CLUB EVENT. Amount: 500. Description: SPECIAL EVENTS - WALTHAM CHAMBER OF COMMERCE EXPO EVENT. Amount: 1000. Description: PUBLIC RELATIONS. Amount: 250. Description: ADMINISTRATIVE EXPENSES/BOOKKEEPING. Amount: 9228. Description: WEB HOSTING, MAINTENANCE & DESIGN. Amount: 4000. Description: SPECIAL EVENTS - DOWNTOWN WALTHAM PARTNERSHIP. Amount: 12500. Description: ADVERTISING, LOCAL, ONLINE AND TELEVISION. Amount: 6992. Total to Form 990-EZ, line 16: 38220.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: LOAN PAYABLE. Beg. of Year Amount: 28500. End of Year Amount: 28500. Description: LOAN PAYABLE - CHAMBER. Beg. of Year Amount: 37159. End of Year Amount: 1109.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The 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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN PEACOCK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07814197444
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WALTHAM TOURISM COUNCIL INC
ReturnHeader/Filer/BusinessNameControlTxt0WALT
ReturnHeader/Filer/EIN0043489710
ReturnHeader/Filer/PhoneNum07814197444
ReturnHeader/Filer/USAddress/AddressLine1Txt084 SOUTH STREET
ReturnHeader/Filer/USAddress/CityNm0WALTHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002453
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042807416
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KOUNDAKJIAN & CO PC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09 MERIAM ST SUITE 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEXINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0024205312
ReturnHeader/PreparerPersonGrp/PhoneNum07818611170
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Donald K Koundakjian
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-14T09:22:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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