Civic Intelligence

Resnet Inc.

990EZ • Fiscal year 2016 • EIN 45-0596859

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 10, 2017

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 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

25th percentile

-9.1%

Higher net margin than 25% of similar nonprofits.

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

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

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

Asset Growth

33rd percentile

-6.3%

Faster asset growth than 33% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

81st percentile

34%

Faster revenue growth than 81% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$88,132

Down $5,963 (-6.3%) from 2015

Net Assets

Down

$88,132

Down $5,963 (-6.3%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin25th percentile

Revenue

Up

$65,713

Up $16,601 (+34%) from 2015

Expenses

Up

$71,676

Up $26,849 (+60%) from 2015

Net Income

Down

-$5,963

Down $10,248 (-239%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth33rd 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

2016

Assets$88,132
Liabilities$0
Net Assets$88,132
Open 2016 Filing

Operations Trend

Revenue Growth81st 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

2016

Revenue$65,713
Expenses$71,676
Net Income-$5,963
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 10, 2017
Return Version
2016v3.0
Gross Receipts
$65,713
Mission and Program Overview

Mission

Advancement of educational services

Program Services

DescriptionGrantsExpenses
CONFERENCE HELD AT UNIVERSITY OF LAS VEGAS NEVADA IN LAS VEGAS. ATTENDED BY 68 PARTICIPANTS FOR THE PURPOSE OF THE ADVANCEMENT OF EDUCATIONAL SUPPORT SERVICES IN THE SUPPORT OF THE USAGE OF IT IN HIGHER EDUCATION-$60,489
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chester AndrewsPresident-$0--
Roy ZumwaltTreasurer-$0--
Chuck RoseClerk-$0--
Loriann SelugaDirector-$0--
Jim RizzoDirector-$0--
Wendy WorlandDirector-$0--
Victoria McClainDirector-$0--
Kathy HausmannVice President-$0--
Ana VermaDirector-$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
9405652498
Signed
2017-07-10
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

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

“Books, subscriptions,reference 751”

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

“INSURANCE 1,095”

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

“TRAVEL MEETINGS 7,483”

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

“Conference symposium 60,508”

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

“STATE FILING FEES 35”

Raw XML Appendix160 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum09405652498
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DENTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd076205
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt094095
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IRS990EZ/ExcessOrDeficitForYearAmt0-5963
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossReceiptsAmt065713
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Chester Andrews
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Roy Zumwalt
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Chuck Rose
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Loriann Seluga
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Jim Rizzo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Wendy Worland
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Victoria McClain
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Kathy Hausmann
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Ana Verma
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Clerk
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt069872
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ADVANCEMENT OF EDUCATIONAL SERVICES
IRS990EZ/PrintingPublicationsPostageAmt0604
IRS990EZ/ProgramServiceRevenueAmt065713
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONFERENCE HELD AT UNIVERSITY OF LAS VEGAS NEVADA IN LAS VEGAS. ATTENDED BY 68 PARTICIPANTS FOR THE PURPOSE OF THE ADVANCEMENT OF EDUCATIONAL SUPPORT SERVICES IN THE SUPPORT OF THE USAGE OF IT IN HIGHER EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt060489
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt071676
IRS990EZ/TotalProgramServiceExpensesAmt060489
IRS990EZ/TotalRevenueAmt065713
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt049112
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt092588
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/CurrentTaxYearMinus1YearAmt049112
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt092588
IRS990ScheduleA/Total509Grp/TotalAmt0141700
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt049112
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt092588
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0141700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOOKS, SUBSCRIPTIONS,REFERENCE 751
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INSURANCE 1,095
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRAVEL MEETINGS 7,483
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFERENCE SYMPOSIUM 60,508
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4STATE FILING FEES 35
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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROY ZUMWALT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09405652498
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-10
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/FilingSecurityInformation/AtSubmissionCreationDeviceId0589584FBFA107EC8608AD756A1F229411E37F465
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0589584FBFA107EC8608AD756A1F229411E37F465
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.92.148.49
ReturnHeader/FilingSecurityInformation/IPDt02017-07-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm016:38:55
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0George P Katsarakes CPA
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/PreparationDt02017-07-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0George P Katsarakes
ReturnHeader/ReturnTs02017-07-10T12:32:40-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$88,132
Liabilities
$0
Net assets
$88,132
Revenue
$65,713
Expenses
$71,676
Net income
-$5,963
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