Civic Intelligence

Massachuesetts Education and Career Opportunties Inc.

990 • Fiscal year 2015 • EIN 23-7055676

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 20, 2016

Organization ProfileMASSEDCO.ORG

View Organization Page

484 Main Street No 500Worcester, MA 01608

(508) 754-6829

Siviq Scores

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

Liabilities / Assets

80th percentile

0.53x

Higher debt load relative to assets than 80% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

65th percentile

0.25x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

46th percentile

1.5%

Higher net margin than 46% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

78th percentile

$125,658

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

37th percentile

-2.1%

Faster asset growth than 37% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

59th percentile

7.1%

Faster revenue growth than 59% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$1,794,631

Down $37,636 (-2.1%) from 2014

Net Assets

Up

$846,704

Up $52,307 (+6.6%) from 2014

Liabilities

Down

$947,927

Down $89,943 (-8.7%) from 2014

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin46th percentile

Revenue

Up

$3,866,246

Up $255,847 (+7.1%) from 2014

Expenses

Up

$3,807,667

Up $183,650 (+5.1%) from 2014

Net Income

Up

$58,579

Up $72,197 (+530%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,997,301Liabilities 2011: $997,882Net Assets 2011: $999,4192011Assets 2012: $2,145,630Liabilities 2012: $1,133,574Net Assets 2012: $1,012,0562012Assets 2014: $1,832,267Liabilities 2014: $1,037,870Net Assets 2014: $794,3972014Assets 2015: $1,794,631Liabilities 2015: $947,927Net Assets 2015: $846,7042015Assets 2016: $2,039,736Liabilities 2016: $1,136,887Net Assets 2016: $902,8492016Assets 2017: $2,192,385Liabilities 2017: $1,308,427Net Assets 2017: $883,9582017Assets 2018: $2,182,808Liabilities 2018: $1,343,518Net Assets 2018: $839,2902018Assets 2019: $2,205,850Liabilities 2019: $1,418,437Net Assets 2019: $787,4132019Assets 2020: $1,289,737Liabilities 2020: $515,205Net Assets 2020: $774,5322020Assets 2021: $1,521,641Liabilities 2021: $487,716Net Assets 2021: $1,033,9252021Assets 2022: $1,916,451Liabilities 2022: $1,087,741Net Assets 2022: $828,7102022Assets 2023: $2,095,315Liabilities 2023: $1,078,432Net Assets 2023: $1,016,8832023Assets 2024: $2,152,332Liabilities 2024: $1,060,658Net Assets 2024: $1,091,6742024Assets 2025: $2,452,369Liabilities 2025: $1,375,391Net Assets 2025: $1,076,9782025

Highlighted filing

2015

Assets$1,794,631
Liabilities$947,927
Net Assets$846,704
Open 2015 Filing

Operations Trend

Revenue Growth59th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,805,0192011Expenses 2012: $3,962,0832012Revenue 2014: $3,610,399Expenses 2014: $3,624,017Net Income 2014: -$13,6182014Revenue 2015: $3,866,246Expenses 2015: $3,807,667Net Income 2015: $58,5792015Revenue 2016: $4,193,045Expenses 2016: $4,148,055Net Income 2016: $44,9902016Revenue 2017: $3,586,235Expenses 2017: $3,624,443Net Income 2017: -$38,2082017Revenue 2018: $2,980,842Expenses 2018: $3,039,781Net Income 2018: -$58,9392018Revenue 2019: $3,135,843Expenses 2019: $3,204,818Net Income 2019: -$68,9752019Revenue 2020: $3,710,658Expenses 2020: $3,733,279Net Income 2020: -$22,6212020Revenue 2021: $3,963,132Expenses 2021: $3,868,358Net Income 2021: $94,7742021Revenue 2022: $3,715,649Expenses 2022: $3,852,532Net Income 2022: -$136,8832022Revenue 2023: $4,216,900Expenses 2023: $4,105,013Net Income 2023: $111,8872023Revenue 2024: $4,476,137Expenses 2024: $4,508,261Net Income 2024: -$32,1242024Revenue 2025: $4,622,173Expenses 2025: $4,424,591Net Income 2025: $197,5822025

Highlighted filing

2015

Revenue$3,866,246
Expenses$3,807,667
Net Income$58,579
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 20, 2016
Return Version
2014v6.0
Gross Receipts
$3,922,006
Mission and Program Overview

Mission

Massachusetts education and career opportunities, inc. (massedco, inc.) is a statewide network of service sites that provides education and career advising to over 12,000 low-income, first generation individuals each year. Massedco provides access to educational and career opportunities that empower people from low-income backgrounds to achieve their potential. Economically and educationally disadvantaged individuals are the focus of our services, which are provided free of charge. Funding for massedco comes from the federal and state education departments.

Massedco provides access to educational and career opportunities that empower people from diverse backgrounds to achieve their potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$826,756$671,446▼ $155,310
Savings and Temporary Cash Investments$578,175$478,543▼ $99,632
Investments in Publicly Traded Securities-$238,008-
Land, Buildings, and Equipment, Net$135,782$114,812▼ $20,970
Prepaid Expenses and Deferred Charges$31,547$26,845▼ $4,702
Accounts Receivable$11,476$11,476→ $0
Total Assets$1,832,267$1,794,631▼ $37,636
Other Assets Total$248,531$253,501▲ $4,970
Liabilities
Other Liabilities$481,458$586,012▲ $104,554
Accounts Payable and Accrued Expenses$556,412$361,915▼ $194,497
Total Liabilities$1,037,870$947,927▼ $89,943
Net Assets / Fund Balance
Unrestricted Net Assets$791,239$836,937▲ $45,698
Temporarily Rstr Net Assets$3,158$9,767▲ $6,609
Total Net Assets Fund Balance$794,397$846,704▲ $52,307
Total Liabilities and Net Assets / Fund Balance$1,832,267$1,794,631▼ $37,636

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$89,810$131,738$221,548
Leasehold Improvements$10,468$129,201$139,669
Equipment$12,867$42,988$55,855
Other Land Buildings$1,667$3,333$5,000
Other Assets Org$253,501--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Pamela BoisvertPresident/ CEOFT$104,869$20,789$125,658

Board Members and Trustees

NameTitle
Mark BilottaBoard President
Allen FalkeDirector
Clantha MccurdyDirector
David PerdaDirector
Donald AndersonDirector
Jill DagilisDirector
Linda NoonanDirector
Patricia MarshallDirector
Sergio PaezDirector
Paul BelsitoClerk
Keith PomeroyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,849,376
Program Service Revenue
$0
Investment Income
$10,825
Other Revenue
$6,045
All Other Contributions
$88,573
Change in Net Assets
$58,579

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,866,246
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$49,488
Total Revenue per Audited Statements
$3,915,734
Total Revenue per Form 990
$3,866,246
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,199,998
Salaries, Compensation, and Employee Benefits$1,070,313
Other Expenses$537,356
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,189,298--$2,189,298
Other Salaries and Wages$699,179$34,887-$734,066
Other Employee Benefits$152,139$10,810-$162,949
Fees for Services Other$157,604$4,954-$162,558
Current Officers, Directors, Trustees, and Key Employees$96,184$12,634-$108,818
Conferences and Meetings$96,842$1,449-$98,291
Payroll Taxes$60,845$3,635-$64,480
Occupancy$40,453$9,594-$50,047
Office Expenses$39,319$4,588-$43,907
Travel$40,608$1,220-$41,828
Depreciation Depletion-$35,380-$35,380
Fees for Services Accounting$16,992$1,150-$18,142
Insurance$12,596$5,073-$17,669
Grants to Domestic Individuals$10,700--$10,700
Advertising$774$40-$814
Other Expenses$62,821$633-$633
Total Functional Expenses$3,676,354$131,313$0$3,807,667

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,863,427
Expenses per Audited Statements$3,807,667
Total Expenses per Form 990$3,807,667
Expenses Not Reported on Form 990$55,760
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Valley Opportunity CouncilHolyoke, MA-Education$970,153
Center for Health & Human Services IncWorcester, MA-Education$850,075
American Student AssistanceBoston, MA-Education$181,140
North Shore Community CollegeDanvers, MA-Educationeducation$158,517
The Learning ConnectionPittsfield, MA-Education$29,318
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Grant Funds Received in Advance$586,012
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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, Part VI, Section B, Line 11

“The tax return is reviewed by the treasurer, and emailed to the board of directors prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Any conflicts of interest would be brought to the board's attention per policy.”

Form 990, Part VI, Section B, Line 15

“Salaries are reviewed annually. Past practice is for across the board increases usually 2%-3% per year. Also review local salary comparison from area organizations. The board votes on the ceo's compensation.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the pubic through guidestar.”

Filing and Contact Details

Filer

Filer Name
Massachusetts Education & Career
EIN
23-7055676
Phone
5087546829
Address
484 MAIN STREET NO 500, WORCESTER, MA 01608

Signing Officer

Name
Mark Bilotta
Title
Board President
Phone
5087546829
Signed
2016-01-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Bilotta
Formed
1969
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
11
Employees
25
Volunteers
26

Preparer

Firm
Bollus Lynch Llp
Address
89 SHREWSBURY STREET, WORCESTER, MA 01604
Preparer
Barbara E King
Phone
5087557107
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Management annually reviews for uncertain tax positions along with any related interest and penalties and believes that it has no uncertain tax positions that would have a material adverse effect, individually or in the aggregate upon massedco's statements of financial position or the related statements of activities, or cash flows.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES 55,760.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES 55,760.”

Raw XML AppendixShowing 400 of 545 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.

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IRS990/LegalDomicileStateCd0MA
IRS990/LessRentalExpensesGrp/RealAmt055760
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MASSACHUSETTS EDUCATION AND CAREER OPPORTUNITIES, INC. (MASSEDCO, INC.) IS A STATEWIDE NETWORK OF SERVICE SITES THAT PROVIDES EDUCATION AND CAREER ADVISING TO OVER 14,000 INDIVIDUALS EACH YEAR. MASSEDCO PROVIDES ACCESS TO EDUCATONAL AND CAREER OPPORTUNITIES THAT EMPOWER PEOPLE FROM DIVERSE BACKGROUNDS TO ACHIEVE THEIR POTENTIAL.ECONOMICALLY AND EDUCATIONALLY DISADVANTAGED INDIVIDUALS ARE THE FOCUS OF OUR SERVICES, WHICH ARE PROVIDED FREE OF CHARGE. FUNDING FOR MASSEDCO COMES FROM THE FEDERAL AND STATE EDUCATION DEPARTMENTS, AS WELL AS PRIVATE FOUNDATIONS AND CORPORATE SOURCES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0794397
IRS990/NetAssetsOrFundBalancesEOYAmt0846704
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt06045
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt06045
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-6272
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt09594
IRS990/OccupancyGrp/ProgramServicesAmt040453
IRS990/OccupancyGrp/TotalAmt050047
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04588
IRS990/OfficeExpensesGrp/ProgramServicesAmt039319
IRS990/OfficeExpensesGrp/TotalAmt043907
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0248531
IRS990/OtherAssetsTotalGrp/EOYAmt0253501
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010810
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0152139
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0162949
IRS990/OtherExpensesGrp/Desc0MATERIALS & SUPPLIES
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05266
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1633
IRS990/OtherExpensesGrp/ProgramServicesAmt062821
IRS990/OtherExpensesGrp/TotalAmt068087
IRS990/OtherExpensesGrp/TotalAmt1633
IRS990/OtherLiabilitiesGrp/BOYAmt0481458
IRS990/OtherLiabilitiesGrp/EOYAmt0586012
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034887
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0699179
IRS990/OtherSalariesAndWagesGrp/TotalAmt0734066
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03635
IRS990/PayrollTaxesGrp/ProgramServicesAmt060845
IRS990/PayrollTaxesGrp/TotalAmt064480
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0826756
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0671446
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031547
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt026845
IRS990/PrincipalOfficerNm0MARK BILOTTA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATIONAL OPPORTUNITY CENTER - 7,166 PEOPLE SERVED THROUGHOUT MASSACHUSETTS, ADVISE ON COLLEGE AND OTHER ADVANCED EDUCATION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01009970
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0654064
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01063703
IRS990/ProgSrvcAccomActy3Grp/Desc0TALENT SEARCH - 803 STUDENTS ASSISTED IN A HIGH SCHOOL SETTING. SERVICES INCLUDE ADVISING, WORKSHOPS AND VISITS TO COLLEGES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0332797
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0145896
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0352856
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROFESSIONAL DEVELOPMENT AND COLLEGE SUCCESS INSTITUTE AND COLLEGE ACCESS CHALLENGE GRANT.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0261696
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt068149
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0269994
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03593538
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02066120
IRS990/PYInvestmentIncomeAmt07476
IRS990/PYOtherExpensesAmt0604012
IRS990/PYOtherRevenueAmt09385
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-13618
IRS990/PYSalariesCompEmpBnftPaidAmt0953885
IRS990/PYTotalExpensesAmt03624017
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03610399
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt058579
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt06045
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02148238
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0578175
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0478543
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03849376
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03593538
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04182349
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03815567
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03751088
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt019191918
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt072630
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt070167
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt073273
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt075490
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt073103
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0364663
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0305810
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01681
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01433
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt07981
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt07362
IRS990ScheduleA/OtherIncome170Grp/TotalAmt018457
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98040
IRS990ScheduleA/PublicSupportPY170Pct00.97830
IRS990ScheduleA/PublicSupportTotal170Amt019191918
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03849376
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03593538
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04182349
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03815567
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03751088
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt019191918
IRS990ScheduleA/TotalSupportAmt019575038
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt089810
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0131738
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0221548
IRS990ScheduleD/EquipmentGrp/BookValueAmt012867
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042988
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt055855
IRS990ScheduleD/ExpensesNotReportedAmt055760
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03807667
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010468
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0129201
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0139669
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-6272
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0253501
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ANNUITY CONTRACT DEPOSITS
IRS990ScheduleD/OtherExpensesIncludedAmt055760
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01667
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03333
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0586012
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GRANT FUNDS RECEIVED IN ADVANCE
IRS990ScheduleD/OtherRevenueAmt055760
IRS990ScheduleD/RevenueNotReportedAmt049488
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03866246
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT ANNUALLY REVIEWS FOR UNCERTAIN TAX POSITIONS ALONG WITH ANY RELATED INTEREST AND PENALTIES AND BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL ADVERSE EFFECT, INDIVIDUALLY OR IN THE AGGREGATE UPON MASSEDCO'S STATEMENTS OF FINANCIAL POSITION OR THE RELATED STATEMENTS OF ACTIVITIES, OR CASH FLOWS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES 55,760.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES 55,760.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0114812
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0253501
IRS990ScheduleD/TotalExpensesPerForm990Amt03807667
IRS990ScheduleD/TotalLiabilityAmt0586012
IRS990ScheduleD/TotalRevenuePerForm990Amt03866246
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03915734
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03863427
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt010700
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt019
IRS990ScheduleI/RecipientTable/CashGrantAmt0158517
IRS990ScheduleI/RecipientTable/CashGrantAmt1181140
IRS990ScheduleI/RecipientTable/CashGrantAmt2850075
IRS990ScheduleI/RecipientTable/CashGrantAmt329318
IRS990ScheduleI/RecipientTable/CashGrantAmt4970153
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATIONEDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NORTH SHORE COMMUNITY COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1AMERICAN STUDENT ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CENTER FOR HEALTH & HUMAN SERVICES INC

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,794,631
Liabilities
$947,927
Net assets
$846,704
Revenue
$3,866,246
Expenses
$3,807,667
Net income
$58,579
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.45$1.38$1.08$4.62$4.42$0.20
2024Detailed filing. Detailed filing data is available for this year.$2.15$1.06$1.09$4.48$4.51$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.10$1.08$1.02$4.22$4.11$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.92$1.09$0.83$3.72$3.85$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.49$1.03$3.96$3.87$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.29$0.52$0.77$3.71$3.73$0.02
2019Detailed filing. Detailed filing data is available for this year.$2.21$1.42$0.79$3.14$3.20$0.07
2018Detailed filing. Detailed filing data is available for this year.$2.18$1.34$0.84$2.98$3.04$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.19$1.31$0.88$3.59$3.62$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.04$1.14$0.90$4.19$4.15$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.79$0.95$0.85$3.87$3.81$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.83$1.04$0.79$3.61$3.62$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$1.13$1.01$3.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$1.00$1.00$3.81