Civic Intelligence

Resnet Inc.

990EZ • Fiscal year 2015 • EIN 45-0596859

Jan 01, 2015 to Dec 31, 2015 • Filed on May 12, 2016

Organization Profileresnetinc.org
56 MIDDLESEX TURNPIKE Room 220Burlington, MA 01803

(405) 535-5757

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

62nd percentile

8.7%

Higher net margin than 62% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

56th percentile

4.8%

Faster asset growth than 56% of similar nonprofits.

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

Revenue Growth

10th percentile

-47%

Faster revenue growth than 10% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$94,095

Up $4,285 (+4.8%) from 2014

Net Assets

$94,095

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin62nd percentile

Revenue

Down

$49,112

Down $43,476 (-47%) from 2014

Expenses

Down

$44,827

Down $21,533 (-32%) from 2014

Net Income

Down

$4,285

Down $21,943 (-84%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$100K$50K$0Assets 2014: $89,810Liabilities 2014: $02014Assets 2015: $94,095Liabilities 2015: $0Net Assets 2015: $94,0952015Assets 2016: $88,132Liabilities 2016: $0Net Assets 2016: $88,1322016Assets 2017: $90,985Liabilities 2017: $0Net Assets 2017: $90,9852017Assets 2018: $91,250Liabilities 2018: $02018Assets 2019: $99,087Liabilities 2019: $02019Assets 2020: $95,887Liabilities 2020: $02020Assets 2021: $89,863Liabilities 2021: $0Net Assets 2021: $89,8632021Assets 2022: $85,711Liabilities 2022: $0Net Assets 2022: $85,7112022

Highlighted filing

2015

Assets$94,095
Liabilities$0
Net Assets$94,095
Open 2015 Filing

Operations Trend

Revenue Growth10th percentile

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

$100K$50K$0-$50KRevenue 2014: $92,588Expenses 2014: $66,360Net Income 2014: $26,2282014Revenue 2015: $49,112Expenses 2015: $44,827Net Income 2015: $4,2852015Revenue 2016: $65,713Expenses 2016: $71,676Net Income 2016: -$5,9632016Revenue 2017: $62,410Expenses 2017: $58,917Net Income 2017: $3,4932017Revenue 2018: $59,174Expenses 2018: $58,909Net Income 2018: $2652018Revenue 2019: $55,453Expenses 2019: $47,616Net Income 2019: $7,8372019Revenue 2020: $201Expenses 2020: $3,401Net Income 2020: -$3,2002020Revenue 2021: $124Expenses 2021: $6,148Net Income 2021: -$6,0242021Revenue 2022: $1,578Expenses 2022: $5,730Net Income 2022: -$4,1522022

Highlighted filing

2015

Revenue$49,112
Expenses$44,827
Net Income$4,285
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 12, 2016
Return Version
2015v2.1
Gross Receipts
$49,112
Mission and Program Overview

Mission

Advancement of educational services

Program Services

DescriptionGrantsExpenses
CONFERENCE HELD AT MICHIGAN TECH UNIVERSITY IN HOUGHTON MI ATTENDED BY 65 PARTICIPANTS FOR THE PURPOSE OF THE ADVANCEMENT OF EDUCATIONAL SUPPORT SERVICES IN THE SUPPORT OF THE USEAGE OF INFORMATION TECHNOLOGY IN HIGHER EDUCATION.-$28,859
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nick CorduanVice President-$0--
Chris WebsterPresident-$0--
Chester AndrewsPresident Elect-$0--
Roy ZumwaltTreasurer-$0--
Chuck RoseClerk-$0--
Loriann SelugaDirector-$0--
Jim RizzoDirector-$0--
Andy VoelkerDirector-$0--
Wendy WorlandDirector-$0--
Filing and Contact Details

Filer

Filer Name
Resnet Inc
EIN
45-0596859
Phone
4055355757
Address
56 MIDDLESEX TURNPIKE Room 220, BURLINGTON, MA 01803

Signing Officer

Name
Roy Zumwalt
Title
Treasurer
Phone
4055355757
Signed
2016-05-12
Discuss with paid preparer
No

Preparer

Firm
Law Office of George P Katsarakes PC
Address
56 Middlesex Turnpike Suite 220, Burlington, MA 01803
Preparer
George P Katsarakes CPA ESQ
Phone
7812731055
Supplemental Narrative

Additional Explanations

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

“Books, subscriptions,reference 523”

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

“INSURANCE 1,845”

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

“TRAVEL MEETINGS 9,859”

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

“Conference symposium 28,859”

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

“OTHER 280”

Raw XML Appendix152 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ROY ZUMWALT
IRS990EZ/BooksInCareOfDetail/PhoneNum09405652498
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01533 VALLYCREEK ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DENTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd076205
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt089810
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt094095
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04285
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03006
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt089810
IRS990EZ/Form990TotalAssetsGrp/EOYAmt094095
IRS990EZ/GrossReceiptsAmt049112
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt089810
IRS990EZ/NetAssetsOrFundBalancesEOYAmt094095
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt089810
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt094095
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Nick Corduan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Chris Webster
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Chester Andrews
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Roy Zumwalt
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Chuck Rose
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Loriann Seluga
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Jim Rizzo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Andy Voelker
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Wendy Worland
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President Elect
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Clerk
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt041366
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ADVANCEMENT OF EDUCATIONAL SERVICES
IRS990EZ/PrintingPublicationsPostageAmt0455
IRS990EZ/ProgramServiceRevenueAmt049112
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONFERENCE HELD AT MICHIGAN TECH UNIVERSITY IN HOUGHTON MI ATTENDED BY 65 PARTICIPANTS FOR THE PURPOSE OF THE ADVANCEMENT OF EDUCATIONAL SUPPORT SERVICES IN THE SUPPORT OF THE USEAGE OF INFORMATION TECHNOLOGY IN HIGHER EDUCATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt028859
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt044827
IRS990EZ/TotalProgramServiceExpensesAmt028859
IRS990EZ/TotalRevenueAmt049112
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt049112
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt092588
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0141700
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0141700
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt049112
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt092588
IRS990ScheduleA/Total509Grp/TotalAmt0141700
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt049112
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt092588
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0141700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOOKS, SUBSCRIPTIONS,REFERENCE 523
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INSURANCE 1,845
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRAVEL MEETINGS 9,859
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFERENCE SYMPOSIUM 28,859
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER 280
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ROY ZUMWALT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04055355757
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RESNET INC
ReturnHeader/Filer/BusinessNameControlTxt0RESN
ReturnHeader/Filer/EIN0450596859
ReturnHeader/Filer/PhoneNum04055355757
ReturnHeader/Filer/USAddress/AddressLine1Txt056 MIDDLESEX TURNPIKE Room 220
ReturnHeader/Filer/USAddress/CityNm0BURLINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001803
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Law Office of George P Katsarakes PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt056 Middlesex Turnpike Suite 220
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Burlington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001803
ReturnHeader/PreparerPersonGrp/PhoneNum07812731055
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0George P Katsarakes CPA ESQ
ReturnHeader/ReturnTs02016-05-12T11:07:20-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$94,095
Liabilities
$0
Net assets
$94,095
Revenue
$49,112
Expenses
$44,827
Net income
$4,285
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$85.7$0.00$85.7$1.58$5.73$4.15
2021Detailed filing. Detailed filing data is available for this year.$89.9$0.00$89.9$0.12$6.15$6.02
2020Summary only. Only limited summary data is available for this year.$95.9$0.00$0.20$3.40$3.20
2019Summary only. Only limited summary data is available for this year.$99.1$0.00$55.5$47.6$7.84
2018Summary only. Only limited summary data is available for this year.$91.3$0.00$59.2$58.9$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.0$0.00$91.0$62.4$58.9$3.49
2016Detailed filing. Detailed filing data is available for this year.$88.1$0.00$88.1$65.7$71.7$5.96
2015Detailed filing. Detailed filing data is available for this year.$94.1$0.00$94.1$49.1$44.8$4.29
2014Summary only. Only limited summary data is available for this year.$89.8$0.00$92.6$66.4$26.2