Civic Intelligence

Chatham Marconi Maritime Center Inc.

990 • Fiscal year 2015 • EIN 37-1445768

Jan 01, 2015 to Dec 31, 2015 • Filed on May 23, 2016

PO Box 421North Chatham, MA 02650

(508) 945-8889

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Higher debt load relative to assets than 25% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

Higher debt load relative to revenue than 25% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

9th percentile

-32%

Higher net margin than 9% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

27th percentile

-4.7%

Faster asset growth than 27% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

4th percentile

-57%

Faster revenue growth than 4% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$986,163

Down $48,800 (-4.7%) from 2014

Net Assets

Down

$986,157

Down $48,596 (-4.7%) from 2014

Liabilities

Down

$6

Down $204 (-97%) from 2014

Revenue

Down

$153,162

Down $206,988 (-57%) from 2014

Expenses

Up

$201,758

Up $49,135 (+32%) from 2014

Net Income

Down

-$48,596

Down $256,123 (-123%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $623,081Liabilities 2011: $1,931Net Assets 2011: $621,1502011Assets 2012: $800,807Liabilities 2012: $667Net Assets 2012: $800,1402012Assets 2013: $953,130Liabilities 2013: $125,904Net Assets 2013: $827,2262013Assets 2014: $1,034,963Liabilities 2014: $210Net Assets 2014: $1,034,7532014Assets 2015: $986,163Liabilities 2015: $6Net Assets 2015: $986,1572015Assets 2017: $975,373Liabilities 2017: $7Net Assets 2017: $975,3662017Assets 2019: $964,729Liabilities 2019: $14,001Net Assets 2019: $950,7282019Assets 2020: $1,030,902Liabilities 2020: $85,304Net Assets 2020: $945,5982020Assets 2022: $1,246,185Liabilities 2022: $86,352Net Assets 2022: $1,159,8332022Assets 2024: $1,337,021Liabilities 2024: $80,408Net Assets 2024: $1,256,6132024

Highlighted filing

2015

Assets$986,163
Liabilities$6
Net Assets$986,157

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $58,2932011Expenses 2012: $129,4762012Revenue 2013: $164,645Expenses 2013: $137,559Net Income 2013: $27,0862013Revenue 2014: $360,150Expenses 2014: $152,623Net Income 2014: $207,5272014Revenue 2015: $153,162Expenses 2015: $201,758Net Income 2015: -$48,5962015Revenue 2017: $175,305Expenses 2017: $178,455Net Income 2017: -$3,1502017Revenue 2019: $174,817Expenses 2019: $185,395Net Income 2019: -$10,5782019Revenue 2020: $180,327Expenses 2020: $186,851Net Income 2020: -$6,5242020Revenue 2022: $245,637Expenses 2022: $182,035Net Income 2022: $63,6022022Revenue 2024: $220,338Expenses 2024: $286,404Net Income 2024: -$66,0662024

Highlighted filing

2015

Revenue$153,162
Expenses$201,758
Net Income-$48,596
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 23, 2016
Return Version
2015v2.1
Gross Receipts
$164,497
Mission and Program Overview

Mission

The mission of the chatham marconi maritime center is to enrich the lives of children and adults in chatham and surrounding communities through the preservation and appropriate use of the historic marconi site.

The mission of the chatham marconi maritime center (cmmc) is to engage, educate and inspire visitors of all ages and interests with the rich history of wireless communication on cape cod and the limitless future potential of science and technology to transform our lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$270,147$268,549▼ $1,598
Land, Buildings, and Equipment, Net$280,920$259,433▼ $21,487
Cash and Non-Interest-Bearing Accounts$200$200→ $0
Total Assets$1,034,963$986,163▼ $48,800
Other Assets Total$483,696$457,981▼ $25,715
Liabilities
Accounts Payable and Accrued Expenses$210$6▼ $204
Total Liabilities$210$6▼ $204
Net Assets / Fund Balance
Unrestricted Net Assets$931,294$867,302▼ $63,992
Temporarily Rstr Net Assets$103,459$118,855▲ $15,396
Total Net Assets Fund Balance$1,034,753$986,157▼ $48,596
Total Liabilities and Net Assets / Fund Balance$1,034,963$986,163▼ $48,800

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$106,966$64,459$171,425
Buildings$152,467$7,460$159,927
Other Assets Org$457,981--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Roslyn ColemanPast President
Charles BartlettPresident
Frank MesinaVice President
Read MoffettVice President
Barbara CotnamDirector
Betty MagnussonDirector
Carolyn CraginDirector
Donald GuttDirector
Donna LumpkinDirector
Edee CrowellDirector
Edwin MoxonDirector
Frank KonecnikDirector
Joe GaglianoDirector
Larry CopodilupoDirector
Leonard MagnussonDirector
Raymond RussDirector
Richard MorganoDirector
Robert FishbackDirector
Robert LeidenDirector
Stuart TuchinskyDirector
Ted WhittakerDirector
Pieter SchillerAssistant Treasurer
John CotnamSecretary
David SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$98,487
Program Service Revenue
$31,694
Investment Income
$59
Other Revenue
$22,922
All Other Contributions
$89,597
Change in Net Assets
$-48,596
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$145,735
Salaries, Compensation, and Employee Benefits$56,023
Total Fundraising Expense$15,627
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$42,200-$9,020$51,220
Occupancy$37,088--$37,088
Fees for Services Other$16,193$6,528-$22,721
Depreciation Depletion$20,335$1,580-$21,915
All Other Expenses$10,455$1,556$2,322$14,333
Advertising$9,294--$9,294
Insurance$1,411$4,873$302$6,586
Payroll Taxes$4,113-$690$4,803
Conferences and Meetings$4,460--$4,460
Other Expenses$4,062$578$3,293$3,871
Fees for Services Accounting-$2,700-$2,700
Office Expenses$344$1,131-$1,475
Information Technology-$833-$833
Total Functional Expenses$166,352$19,779$15,627$201,758
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,145
Fundraising Direct Expenses$4,847
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala Event$22,145$22,145$1,858$20,287
Total Events$22,145$22,145$4,847$17,298
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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

Form 990 is provided to the organization for the board to review.

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

This is a small organization that is able to monitor this on an ongoing regular basis

Form 990, Part VI, Section B, Line 15B

Officers do not receive compensation. The board of directors negotiates any other compensation based on comparable job compensation information.

Form 990, Part VI, Section C, Line 18

Documents are available in the organizations office upon request. 990 is available at the massachusetts division of public charities website.

Form 990, Part VI, Section C, Line 19

Documents are available in the organizations office upon request

Filing and Contact Details

Filer

Filer Name
Chatham Marconi Maritime Center Inc
EIN
37-1445768
Phone
5089458889
Address
PO BOX 421, NORTH CHATHAM, MA 02650

Signing Officer

Name
David Smith
Title
Treasurer
Phone
5089453823
Signed
2016-05-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Smith
Formed
2002
Legal Domicile
Ma
Voting Board Members
24
Independent Board Members
24
Employees
3
Volunteers
40

Preparer

Firm
Lamb Mason Bulger & Co Pc
Address
PO BOX 1233, WEST CHATHAM, MA 02669-1233
Preparer
Walter D Mason
Phone
5089453575
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Bookkeeping: program service expenses 0. Management and general expenses 6,528. Fundraising expenses 0. Total expenses 6,528. Education consultant: program service expenses 2,435. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,435. Summer program director: program service expenses 7,158. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,158. Summer program teachers: program service expenses 6,600. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,600.

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IRS990/ActivityOrMissionDesc0THE MISSION OF THE CHATHAM MARCONI MARITIME CENTER (CMMC) IS TO ENGAGE, EDUCATE AND INSPIRE VISITORS OF ALL AGES AND INTERESTS WITH THE RICH HISTORY OF WIRELESS COMMUNICATION ON CAPE COD AND THE LIMITLESS FUTURE POTENTIAL OF SCIENCE AND TECHNOLOGY TO TRANSFORM OUR LIVES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
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