Civic Intelligence

Maxillofacial Surgeons Foundation

990 • Fiscal year 2020 • EIN 36-3617873

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 08, 2021

500 Cummings Center Suite 4400Beverly, MA 01915

(978) 927-8330

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

63rd percentile

12%

Higher net margin than 63% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

60th percentile

11%

Faster asset growth than 60% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

10th percentile

-44%

Faster revenue growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,385,946

Up $133,198 (+11%) from 2019

Net Assets

Up

$1,385,946

Up $182,173 (+15%) from 2019

Liabilities

Down

$0

Down $48,975 (-100%) from 2019

Revenue

Down

$130,757

Down $103,693 (-44%) from 2019

Expenses

Down

$114,750

Down $135,495 (-54%) from 2019

Net Income

Up

$16,007

Up $31,802 (+201%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2018: $1,127,340Liabilities 2018: $88,506Net Assets 2018: $1,038,8342018Assets 2019: $1,252,748Liabilities 2019: $48,975Net Assets 2019: $1,203,7732019Assets 2020: $1,385,946Liabilities 2020: $0Net Assets 2020: $1,385,9462020Assets 2021: $1,617,577Liabilities 2021: $47,470Net Assets 2021: $1,570,1072021Assets 2022: $1,265,309Liabilities 2022: $38,028Net Assets 2022: $1,227,2812022Assets 2023: $1,513,880Liabilities 2023: $48,600Net Assets 2023: $1,465,2802023Assets 2024: $1,672,811Liabilities 2024: $82,330Net Assets 2024: $1,590,4812024

Highlighted filing

2020

Assets$1,385,946
Liabilities$0
Net Assets$1,385,946

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2018: $220,571Expenses 2018: $248,324Net Income 2018: -$27,7532018Revenue 2019: $234,450Expenses 2019: $250,245Net Income 2019: -$15,7952019Revenue 2020: $130,757Expenses 2020: $114,750Net Income 2020: $16,0072020Revenue 2021: $134,070Expenses 2021: $123,789Net Income 2021: $10,2812021Revenue 2022: $94,227Expenses 2022: $153,735Net Income 2022: -$59,5082022Revenue 2023: $211,974Expenses 2023: $162,507Net Income 2023: $49,4672023Revenue 2024: $174,579Expenses 2024: $257,213Net Income 2024: -$82,6342024

Highlighted filing

2020

Revenue$130,757
Expenses$114,750
Net Income$16,007
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 8, 2021
Return Version
2020v4.0
Gross Receipts
$130,757
Mission and Program Overview

Mission

To promote education and research in the field of maxillofacial surgery.

To advance the science and practice of surgery of the facial region and craniofacial skeleton. The foundation accomplishes its mission through the excellence in education and research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,129,876$1,278,609▲ $148,733
Cash and Non-Interest-Bearing Accounts$114,761$92,092▼ $22,669
Accounts Receivable-$4,940-
Prepaid Expenses and Deferred Charges-$2,766-
Total Assets$1,252,748$1,385,946▲ $133,198
Other Assets Total$8,111$7,539▼ $572
Liabilities
Deferred Revenue$48,975--
Total Liabilities$48,975$0▼ $48,975
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,050,889$1,179,210▲ $128,321
Net Assets With Donor Restrictions$152,884$206,736▲ $53,852
Total Net Assets Fund Balance$1,203,773$1,385,946▲ $182,173
Total Liabilities and Net Assets / Fund Balance$1,252,748$1,385,946▲ $133,198

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$1,412$1,412

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$100,452-▲ $13,863-$114,315
2019$81,991-▲ $18,461-$100,452
2018$84,482-▼ $2,491-$81,991
2017$73,476-▲ $11,006-$84,482
2016$67,294-▲ $6,182-$73,476
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$92,475
Program Service Revenue
$18,149
Investment Income
$20,133
Other Revenue
$0
All Other Contributions
$92,475
Change in Net Assets
$16,007
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$59,312
Grants and Similar Amounts Paid$55,438
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$53,875--$53,875
Grants to Domestic Orgs$37,566--$37,566
Grants to Domestic Individuals$17,872--$17,872
Fees for Services Accounting-$4,250-$4,250
Insurance-$616-$616
Office Expenses-$560-$560
Fees for Services Legal-$11-$11
Total Functional Expenses$109,313$5,437$0$114,750
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
American Society of Maxillofacial SBeverly, MA501c6General Operating$37,566
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The professional relations and research institute (prri) of beverly, massachusetts maintains the books and records of the organization and performs other related managerial and administrative functions for which it is compensated.

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed by the administrative staff of the management company (prri) and is then provided to the treasurer for final review before it is filed.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is distributed at each board meeting.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request at the administrative offices of the organization's management company (prri).

Filing and Contact Details

Filer

Filer Name
Maxillofacial Surgeons Foundation
EIN
36-3617873
Phone
9789278330
Address
500 CUMMINGS CENTER SUITE 4400, BEVERLY, MA 01915

Signing Officer

Name
Francis a Papay Md
Title
Treasurer
Phone
9789278330
Signed
2021-10-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Delora L Mount Md
Formed
1988
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
15

Preparer

Firm
Anstiss & Co Pc
Address
1115 WESTFORD STREET 3RD FLOOR, LOWELL, MA 01851-2701
Preparer
Brendan E Toolin
Phone
9784522500
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 4, Part XIII

The foundation's endowment consists of two funds established for certain purposes. Its endowment consists of donor-restricted endowment funds fom which distributions are made at the discretion of the board of directors.

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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0247979
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0252666
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01083240
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt084482
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt073476
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt084482
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011006
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt073476
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IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01412
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01412
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.17500
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S ENDOWMENT CONSISTS OF TWO FUNDS ESTABLISHED FOR CERTAIN PURPOSES. ITS ENDOWMENT CONSISTS OF DONOR-RESTRICTED ENDOWMENT FUNDS FOM WHICH DISTRIBUTIONS ARE MADE AT THE DISCRETION OF THE BOARD OF DIRECTORS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XIII
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt24000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0CRANIO FELLOWSHIP- GIVES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1VISITING PROFESSOR PROGRA
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2WINTER COURSE SCHOLARSHIP
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IRS990ScheduleI/RecipientTable/CashGrantAmt037566
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C6
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL OPERATING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AMERICAN SOCIETY OF MAXILLOFACIAL S
IRS990ScheduleI/RecipientTable/RecipientEIN0741362603
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0500 CUMMINGS CENTER SUITE 4400
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BEVERLY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd001915
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FOR THE GRANTS DISCLOSED IN PART III THE RECIPIENTS ARE REQUIRED TO PROVIDE A PRESENTATION AT THE ANNUAL MEETING DURING THE COURSE OF THE AWARD PERIOD AS WELL AS WRITTEN PROGRESS REPORTS.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1PART II, LINE 1, COLUMN (H): NAME OF THE ORGANIZATION OR GOVERNMENT: AMERICAN SOCIETY OF MAXILLOFACIAL SURGEONS (H) PURPOSE OF GRANT OR ASSISTANCE: GENERAL OPERATING GRANT - TO ASSIST THE AMERICAN SOCIETY OF MAXILLOFACIAL SURGEONS WITH THEIR OPERATING EXPENSES FOR THE YEAR. PART III, COLUMN (A): (A) TYPE OF GRANT OF ASSISTANCE: CRANIO FELLOWSHIP - GIVES RECIPIENTS AN OPPORTUNITY TO VISIT DESIGNATED CENTER OF EXCELLENCE IN CRANIOFACIAL SURGERY THROUGHOUT THE US, CANADA, AND MEXICO CITY IN ORDER TO BROADEN THEIR CLINICAL APPROACH. (A) TYPE OF GRANT OR ASSISTANCE: VISITING PROFESSOR PROGRAM - THIS GRANT IS FOR A TEAM OF FIVE PROMINENT PLASTIC SURGEONS WHO WILL PARTICIPATE IN ENHANCING THE EDUCATIONAL EXPERIENCE OF PLASTIC SURGERY RESIDENTS THROUGH LECTURES, DISCUSSION GROUPS, AND PATIENT EVALUATIONS. (A) TYPE OF GRANT OR ASSISTANCE: WINTER BASIC COURSE SCHOLARSHIPS
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE I, PAGE 4, PART IV
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROFESSIONAL RELATIONS AND RESEARCH INSTITUTE (PRRI) OF BEVERLY, MASSACHUSETTS MAINTAINS THE BOOKS AND RECORDS OF THE ORGANIZATION AND PERFORMS OTHER RELATED MANAGERIAL AND ADMINISTRATIVE FUNCTIONS FOR WHICH IT IS COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE ADMINISTRATIVE STAFF OF THE MANAGEMENT COMPANY (PRRI) AND IS THEN PROVIDED TO THE TREASURER FOR FINAL REVIEW BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED AT EACH BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ADMINISTRATIVE OFFICES OF THE ORGANIZATION'S MANAGEMENT COMPANY (PRRI).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AMERICAN SOCIETY OF MAXILLOFACIAL S
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0741362603
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MEMBERSHIP
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BEVERLY

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