Civic Intelligence

Akovos Open Inc

EIN 20-3364765 • 501(c)3 • Newton, MA

Profile

Annual golf tournament with proceeds benefiting alzheimer and multiple sclerosis research

22 Sharpe RoadNewton, MA 02459-0000

akovosopen.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

93rd percentile

63%

Higher net margin than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$5,521

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$5,521

No earlier filing loaded for comparison.

Revenue

$7,793

No earlier filing loaded for comparison.

Expenses

$2,889

No earlier filing loaded for comparison.

Net Income

$4,904

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$6.0K$4.0K$2.0K$0Assets 2016: $5,521Liabilities 2016: $0Net Assets 2016: $5,5212016

Highlighted filing

2016

Assets$5,521
Liabilities$0
Net Assets$5,521

Operations Trend

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

$8.0K$6.0K$4.0K$2.0K$0Revenue 2016: $7,793Expenses 2016: $2,889Net Income 2016: $4,9042016

Highlighted filing

2016

Revenue$7,793
Expenses$2,889
Net Income$4,904

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$5,521$0$5,521$7,793$2,889$4,904
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 17, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$16,663
Mission and Program Overview

Mission

Annual golf tournament with proceeds benefiting alzheimer and multiple sclerosis research

Program Services

DescriptionGrantsExpenses
ANNUAL GOLF TOURNAMENT WITH PROCEEDS BENEFITING ALZHEIMER AND MULTIPLE SCLEROSIS RESEARCH$0$8,870
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANTHONY MENOUNOSPresident, Clerk, Director-$0--
NICK METAXASVP, Treasurer, Director-$0--
DONNA METAXASDirector-$0--
PETER MENOUNOSDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$16,663-$8,870-
Total Events$16,663-$8,870$-8,870
Filing and Contact Details

Filer

Filer Name
Akovos Open Inc
EIN
20-3364765
Phone
6175840143
Address
22 SHARPE ROAD, NEWTON, MA 02459-0000

Signing Officer

Name
Anthony Menounos
Title
President
Phone
6175840143
Signed
2017-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Kevin P Martin Associates Pc
Address
10 FORBES WEST, BRAINTREE, MA 02184
Preparer
Jolanta Tuck CPA
Phone
7813803520
Supplemental Narrative

Additional Explanations

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

Description: gift expense. Amount: 2,106. Description: filing fees. Amount: 283. Total to form 990-ez, line 16: 2,389.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: transfer of assets (at fmv) upon conversion to tax exempt status. Amount: 617.

Initial Form 990

Akovos open simultaneously filed a final 2016 form 1120 and an initial form 990 as a result of the corporation receving a determination letter that it was exempt from income tax under irc 501c3 effective august 17, 2016.

Raw XML Appendix156 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/BusinessNameLine1Txt0THE CORPORATION
IRS990EZ/BooksInCareOfDetail/PhoneNum06179658049
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt022 SHARPE ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEWTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002459
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05521
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt016663
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt04904
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0500
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05521
IRS990EZ/GrossReceiptsAmt016663
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05521
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05521
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANTHONY MENOUNOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NICK METAXAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DONNA METAXAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PETER MENOUNOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT, CLERK, DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP, TREASURER, DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt0617
IRS990EZ/OtherExpensesTotalAmt02389
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0ANNUAL GOLF TOURNAMENT WITH PROCEEDS BENEFITING ALZHEIMER AND MULTIPLE SCLEROSIS RESEARCH
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ANNUAL GOLF TOURNAMENT WITH PROCEEDS BENEFITING ALZHEIMER AND MULTIPLE SCLEROSIS RESEARCH
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt08870
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt08870
IRS990EZ/SpecialEventsNetIncomeLossAmt0-8870
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt02889
IRS990EZ/TotalProgramServiceExpensesAmt08870
IRS990EZ/TotalRevenueAmt07793
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0AKOVOSOPEN.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE AMOUNTS REPORTED IN THE 2016 COLUMN ARE FOR THE PERIOD AUGUST 17, 2016 THROUGH DECEMBER 31, 2016, THE ORGANIZATION'S INITIAL YEAR AS A NONPROFIT ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A PART III
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt016663
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt016663
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt016663
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt016663
IRS990ScheduleA/Total509Grp/TotalAmt016663
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt016663
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt016663
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt016663
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt016663
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08870
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt016663
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt016663
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-8870
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08870
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08870
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: GIFT EXPENSE. AMOUNT: 2,106. DESCRIPTION: FILING FEES. AMOUNT: 283. TOTAL TO FORM 990-EZ, LINE 16: 2,389.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: TRANSFER OF ASSETS (AT FMV) UPON CONVERSION TO TAX EXEMPT STATUS. AMOUNT: 617.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AKOVOS OPEN SIMULTANEOUSLY FILED A FINAL 2016 FORM 1120 AND AN INITIAL FORM 990 AS A RESULT OF THE CORPORATION RECEVING A DETERMINATION LETTER THAT IT WAS EXEMPT FROM INCOME TAX UNDER IRC 501C3 EFFECTIVE AUGUST 17, 2016.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2INITIAL FORM 990
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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANTHONY MENOUNOS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06175840143
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AKOVOS OPEN INC
ReturnHeader/Filer/BusinessNameControlTxt0AKOV
ReturnHeader/Filer/EIN0203364765
ReturnHeader/Filer/PhoneNum06175840143
ReturnHeader/Filer/USAddress/AddressLine1Txt022 SHARPE ROAD
ReturnHeader/Filer/USAddress/CityNm0NEWTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0024590000
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId045AFA9F1D46E8A2FFBEE4E182E18055CAF562FFB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0380C7833E82269AD43119C74EB38C0FE92973F6F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.93.210.10
ReturnHeader/FilingSecurityInformation/IPDt02017-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm016:41:32
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043097400
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KEVIN P MARTIN ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 FORBES WEST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRAINTREE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002184
ReturnHeader/PreparerPersonGrp/PhoneNum07813803520
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOLANTA TUCK CPA
ReturnHeader/ReturnTs02017-11-15T10:36:42-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-08-17
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.