Civic Intelligence

Greentownlabsorg Inc

990EZ • Fiscal year 2014 • EIN 45-4788246

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 15, 2015

Organization ProfileGREENTOWNLABS.ORG
28 Dane StreetSomerville, MA 02143

(978) 621-0759

Siviq Scores

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

Liabilities / Assets

85th percentile

0.30x

Higher debt load relative to assets than 85% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2014

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

35th percentile

-5.2%

Faster asset growth than 35% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$83,942

Down $4,626 (-5.2%) from 2013

Net Assets

Down

$59,094

Down $4,626 (-7.3%) from 2013

Liabilities

Flat

$24,848

Flat from 2013

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $285,600 (-100%) from 2013

Expenses

Down

$4,626

Down $225,918 (-98%) from 2013

Net Income

Down

-$4,626

Down $59,682 (-108%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

$800K$600K$400K$200K$0Assets 2013: $88,568Liabilities 2013: $24,848Net Assets 2013: $63,7202013Assets 2014: $83,942Liabilities 2014: $24,848Net Assets 2014: $59,0942014Assets 2015: $92,862Liabilities 2015: $02015Assets 2017: $21,268Liabilities 2017: $0Net Assets 2017: $21,2682017Assets 2018: $277,594Liabilities 2018: $0Net Assets 2018: $277,5942018Assets 2019: $289,407Liabilities 2019: $0Net Assets 2019: $289,4072019Assets 2020: $294,824Liabilities 2020: $77,498Net Assets 2020: $217,3262020Assets 2021: $601,500Liabilities 2021: $54,341Net Assets 2021: $547,1592021Assets 2022: $636,558Liabilities 2022: $341,644Net Assets 2022: $294,9142022Assets 2023: $480,101Liabilities 2023: $199,100Net Assets 2023: $281,0012023Assets 2024: $574,963Liabilities 2024: $390,949Net Assets 2024: $184,0142024

Highlighted filing

2014

Assets$83,942
Liabilities$24,848
Net Assets$59,094
Open 2014 Filing

Operations Trend

Revenue Growth1st percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2013: $285,600Expenses 2013: $230,544Net Income 2013: $55,0562013Revenue 2014: $0Expenses 2014: $4,626Net Income 2014: -$4,6262014Revenue 2015: $64,956Expenses 2015: $16,040Net Income 2015: $48,9162015Revenue 2017: $136,351Expenses 2017: $228,525Net Income 2017: -$92,1742017Revenue 2018: $473,351Expenses 2018: $217,025Net Income 2018: $256,3262018Revenue 2019: $374,357Expenses 2019: $362,544Net Income 2019: $11,8132019Revenue 2020: $311,636Expenses 2020: $474,461Net Income 2020: -$162,8252020Revenue 2021: $919,928Expenses 2021: $590,095Net Income 2021: $329,8332021Revenue 2022: $939,250Expenses 2022: $1,191,495Net Income 2022: -$252,2452022Revenue 2023: $1,628,406Expenses 2023: $1,571,798Net Income 2023: $56,6082023Revenue 2024: $1,634,557Expenses 2024: $1,731,544Net Income 2024: -$96,9872024

Highlighted filing

2014

Revenue$0
Expenses$4,626
Net Income-$4,626
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 15, 2015
Return Version
2014v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

To help startups with physical products on the journey from prototype to impact at commercial scale.

The organization created for educational, scientific and cultural purposes an incubator space for startup companies in the clean technology field.

Program Services

DescriptionGrantsExpenses
PROVIDE PROTOTYPING SPACE, SHARED MACHINE SHOP TOOLS, OFFICE SPACE AND EVENT SPACE. IT LEVERAGES ITS FACILITY, PARTNERS AND SPONSORS TO PROVIDE ENTREPRENEURS ACCESS TO THE EQUIPMENT, SERVICES, EDUCATION AND NETWORK THEY NEED TO LAUNCH THEIR COMPANIES QUICKLY.$0$0
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
EMILY REICHERTPresident/DirectorPT$0--
JEREMY PITTSTreasurer/DirectorPT$0--
JASON ETHIERClerk/DirectorPT$0--
JASON HANNABoard Chair/DirectorPT$0--
ADAM REINDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Greentownlabsorg Inc
EIN
45-4788246
Phone
9786210759
Address
28 DANE STREET, SOMERVILLE, MA 02143

Signing Officer

Name
Emily Reichert
Title
President
Phone
9786210759
Signed
2015-09-15
Discuss with paid preparer
Yes

Preparer

Firm
Edelstein and Company Llp
Address
160 FEDERAL STREET 9TH FLOOR, BOSTON, MA 02110
Preparer
Alfonso Perillo
Phone
6172276161
Supplemental Narrative

Additional Explanations

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

“Description: telephone & internet expenses. Amount: 310. Description: depreciation. Amount: 4,015. Total to form 990-ez, line 16: 4,325.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: loan receivable. Beg. Of year amount: 4,732. End of year amount: 33. Description: other depreciable assets. Beg. Of year amount: 14,059. End of year amount: 10,044.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: security deposits. Beg. Of year amount: 24,848. End of year amount: 24,848.”

Raw XML Appendix123 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0EMILY REICHERT
IRS990EZ/BooksInCareOfDetail/PhoneNum09786210759
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt028 DANE STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SOMERVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002143
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt069777
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt073865
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-4626
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0301
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt083942
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt063720
IRS990EZ/NetAssetsOrFundBalancesEOYAmt059094
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt063720
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt059094
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt310.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt410.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0EMILY REICHERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEREMY PITTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JASON ETHIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JASON HANNA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ADAM REIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD CHAIR/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt018791
IRS990EZ/OtherAssetsTotalDetail/EOYAmt010077
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt04325
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION CREATED FOR EDUCATIONAL, SCIENTIFIC AND CULTURAL PURPOSES AN INCUBATOR SPACE FOR STARTUP COMPANIES IN THE CLEAN TECHNOLOGY FIELD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE PROTOTYPING SPACE, SHARED MACHINE SHOP TOOLS, OFFICE SPACE AND EVENT SPACE. IT LEVERAGES ITS FACILITY, PARTNERS AND SPONSORS TO PROVIDE ENTREPRENEURS ACCESS TO THE EQUIPMENT, SERVICES, EDUCATION AND NETWORK THEY NEED TO LAUNCH THEIR COMPANIES QUICKLY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt024848
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt024848
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt04626
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTP://GREENTOWNLABS.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: TELEPHONE & INTERNET EXPENSES. AMOUNT: 310. DESCRIPTION: DEPRECIATION. AMOUNT: 4,015. TOTAL TO FORM 990-EZ, LINE 16: 4,325.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: LOAN RECEIVABLE. BEG. OF YEAR AMOUNT: 4,732. END OF YEAR AMOUNT: 33. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 14,059. END OF YEAR AMOUNT: 10,044.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 24,848. END OF YEAR AMOUNT: 24,848.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EMILY REICHERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09786210759
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREENTOWNLABSORG INC
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0454788246
ReturnHeader/Filer/PhoneNum09786210759
ReturnHeader/Filer/USAddress/AddressLine1Txt028 DANE STREET
ReturnHeader/Filer/USAddress/CityNm0SOMERVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002143
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042442519
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EDELSTEIN AND COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0160 FEDERAL STREET 9TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002110
ReturnHeader/PreparerPersonGrp/PhoneNum06172276161
ReturnHeader/PreparerPersonGrp/PreparationDt02015-09-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALFONSO PERILLO
ReturnHeader/ReturnTs02015-09-15T08:16:06-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$83,942
Liabilities
$24,848
Net assets
$59,094
Revenue
$0
Expenses
$4,626
Net income
-$4,626
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.57$0.39$0.18$1.63$1.73$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.20$0.28$1.63$1.57$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.64$0.34$0.29$0.94$1.19$0.25
2021Detailed filing. Detailed filing data is available for this year.$0.60$0.05$0.55$0.92$0.59$0.33
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.08$0.22$0.31$0.47$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.00$0.29$0.37$0.36$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.00$0.28$0.47$0.22$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.00$0.02$0.14$0.23$0.09
2015Summary only. Only limited summary data is available for this year.$0.09$0.00$0.06$0.02$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.02$0.06$0.00$0.00$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.09$0.02$0.06$0.29$0.23$0.06