Civic Intelligence

Greentownlabsorg Inc

990 • Fiscal year 2020 • EIN 45-4788246

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

444 Somerville AveSomerville, MA 02143

(888) 954-6836

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.26x

Higher debt load relative to assets than 83% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

85th percentile

0.25x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

12th percentile

-52%

Higher net margin than 12% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

99th percentile

$142,006

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 45.6% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

47th percentile

1.9%

Faster asset growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

47th percentile

-17%

Faster revenue growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$294,824

Up $5,417 (+1.9%) from 2019

Net Assets

Down

$217,326

Down $72,081 (-25%) from 2019

Liabilities

Up

$77,498

Up $77,498 from 2019

Revenue

Down

$311,636

Down $62,721 (-17%) from 2019

Expenses

Up

$474,461

Up $111,917 (+31%) from 2019

Net Income

Down

-$162,825

Down $174,638 (-1478%) from 2019

Historical Trend

Balance Sheet Trend

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

2020

Assets$294,824
Liabilities$77,498
Net Assets$217,326

Operations Trend

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

2020

Revenue$311,636
Expenses$474,461
Net Income-$162,825
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$311,636
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$289,407$211,804▼ $77,603
Pledges and Grants Receivable-$83,020-
Total Assets$289,407$294,824▲ $5,417
Liabilities
Unsecured Notes Loans Payable-$48,192-
Accounts Payable and Accrued Expenses-$29,306-
Total Liabilities$0$77,498▲ $77,498
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$289,407$217,326▼ $72,081
Total Net Assets Fund Balance$289,407$217,326▼ $72,081
Total Liabilities and Net Assets / Fund Balance$289,407$294,824▲ $5,417
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura TeicherPresident/executive DirectorFT$133,066$8,940$142,006

Board Members and Trustees

NameTitle
Emily ReichertChair/director
Rodney DowellClerk/director
Bobbie CarltonDirector
Dana CordovaDirector
Joseph RifeDirector
Joseph SteigDirector
Julie ChenDirector (appointed 10/20)
Peter RussoDirector (until 1/2020)
Ira MoskowitzDirector (until 3/2020)
Sj MaxtedTreasurer/director
Revenue and Support

Revenue Composition

Contributions and Grants
$305,136
Program Service Revenue
$6,500
Investment Income
$0
Other Revenue
$0
All Other Contributions
$168,616
Change in Net Assets
$-162,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$328,914
Other Expenses$133,047
Total Fundraising Expense$42,175
Grants and Similar Amounts Paid$12,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$116,907$20,167$20,167$157,241
Current Officers, Directors, Trustees, and Key Employees$105,596$18,205$18,205$142,006
Advertising-$56,551-$56,551
Fees for Services Other$37,347$11,124-$48,471
Payroll Taxes$18,124$3,124$3,124$24,372
Fees for Services Accounting-$18,697-$18,697
Grants to Domestic Orgs$12,500--$12,500
Other Employee Benefits$3,937$679$679$5,295
Travel$4,494$32-$4,526
Office Expenses-$1,171-$1,171
Occupancy$1,090--$1,090
Insurance$173$855-$1,028
Information Technology$230$288-$518
Other Expenses-$15-$15
Total Functional Expenses$300,398$131,888$42,175$474,461
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Aeroshield Materials IncHyde Park, MAFor ProfitProduct Development$10,000
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
Yes
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 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
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The executive director will review the draft of the 990 and share it with the finance committee of the board of directors before it is filed.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Greentownorg Inc
EIN
45-4788246
Phone
8889546836
Address
444 SOMERVILLE AVE, SOMERVILLE, MA 02143
Doing Business As
Forge

Signing Officer

Name
Laura Teicher
Title
Executive Director
Phone
8889546836
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Teicher
Formed
2011
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
6
Volunteers
27

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

Payroll processing fees: program service expenses 2,649. Management and general expenses 5,078. Fundraising expenses 0. Total expenses 7,727. Consulting fees: program service expenses 34,698. Management and general expenses 6,046. Fundraising expenses 0. Total expenses 40,744.

FORM 990, PART XI, LINE 9:

Cash to accrual adjustment 90,744.

Form 990, Part XII, Line 1 - Change in Accounting Method

For 2020, the organization is filing its form 990 using the accrual method of accounting. In prior years, the organization filed its forms 990 on the cash basis. The change is being made since the organization keeps its books and records on an accrual basis. Since its inception, the organization has not had any taxable income or deductions and therefore has not adopted a method of accounting for federal income tax purposes. Since an adoption of a method for federal income tax purposes has never been made, the organization is not required to request a change in accounting method with the irs by filing form 3115.

Raw XML AppendixShowing 400 of 439 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt029306
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO HELP STARTUPS WITH PHYSICAL PRODUCTS ON THE JOURNEY FROM PROTOTYPE TO IMPACT AT COMMERCIAL SCALE.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt056551
IRS990/AdvertisingGrp/TotalAmt056551
IRS990/AllOtherContributionsAmt0168616
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/PersonNm0BRANDON MCHUGH
IRS990/BooksInCareOfDetail/PhoneNum09784830930
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0SMARTBOOKS SERVICES 2352 MAIN ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0CONCORD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001742
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0289407
IRS990/CashNonInterestBearingGrp/EOYAmt0211804
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt018205
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt018205
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0105596
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0142006
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0305136
IRS990/CYGrantsAndSimilarPaidAmt012500
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0133047
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt06500
IRS990/CYRevenuesLessExpensesAmt0-162825
IRS990/CYSalariesCompEmpBnftPaidAmt0328914
IRS990/CYTotalExpensesAmt0474461
IRS990/CYTotalFundraisingExpenseAmt042175
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0311636
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE ORGANIZATION PROVIDES INITIATIVES, PROGRAMS, AND PARTNERSHIPS THAT SPECIFICALLY STRENGTHEN REGIONAL INNOVATION ECOSYSTEMS, AND WHICH BUILD LINKAGES BETWEEN LOCAL ECONOMIES WITHIN MASSACHUSETTS AND THE SURROUNDING REGION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0FORGE
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0300398
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018697
IRS990/FeesForServicesAccountingGrp/TotalAmt018697
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt011124
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt037347
IRS990/FeesForServicesOtherGrp/TotalAmt048471
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt108940
IRS990/Form990PartVIISectionAGrp/PersonNm0RODNEY DOWELL
IRS990/Form990PartVIISectionAGrp/PersonNm1SJ MAXTED
IRS990/Form990PartVIISectionAGrp/PersonNm2JOSEPH RIFE
IRS990/Form990PartVIISectionAGrp/PersonNm3EMILY REICHERT
IRS990/Form990PartVIISectionAGrp/PersonNm4JOSEPH STEIG
IRS990/Form990PartVIISectionAGrp/PersonNm5BOBBIE CARLTON
IRS990/Form990PartVIISectionAGrp/PersonNm6DANA CORDOVA
IRS990/Form990PartVIISectionAGrp/PersonNm7JULIE CHEN
IRS990/Form990PartVIISectionAGrp/PersonNm8PETER RUSSO
IRS990/Form990PartVIISectionAGrp/PersonNm9IRA MOSKOWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm10LAURA TEICHER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10133066
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CLERK/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR (APPOINTED 10/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR (UNTIL 1/2020)
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR (UNTIL 3/2020)
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT/EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0136520
IRS990/GrantAmt012500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt012500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt012500
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0311636
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0288
IRS990/InformationTechnologyGrp/ProgramServicesAmt0230
IRS990/InformationTechnologyGrp/TotalAmt0518
IRS990/InsuranceGrp/ManagementAndGeneralAmt0855
IRS990/InsuranceGrp/ProgramServicesAmt0173
IRS990/InsuranceGrp/TotalAmt01028
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO HELP STARTUPS WITH PHYSICAL PRODUCTS ON THE JOURNEY FROM PROTOTYPE TO IMPACT AT COMMERCIAL SCALE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0289407
IRS990/NetAssetsOrFundBalancesEOYAmt0217326
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0289407
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0217326
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01090
IRS990/OccupancyGrp/TotalAmt01090
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01171
IRS990/OfficeExpensesGrp/TotalAmt01171
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt090744
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0679
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0679
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03937
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05295
IRS990/OtherExpensesGrp/Desc0GOVERNMENT FILING FEES
IRS990/OtherExpensesGrp/Desc1BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0980
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt115
IRS990/OtherExpensesGrp/TotalAmt0980
IRS990/OtherExpensesGrp/TotalAmt115
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt020167
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020167
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0116907
IRS990/OtherSalariesAndWagesGrp/TotalAmt0157241
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03124
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03124
IRS990/PayrollTaxesGrp/ProgramServicesAmt018124
IRS990/PayrollTaxesGrp/TotalAmt024372
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt083020
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LAURA TEICHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0374357
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt015000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt094536
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt011813
IRS990/PYSalariesCompEmpBnftPaidAmt0253008
IRS990/PYTotalExpensesAmt0362544
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0374357
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-162825
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06500
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0COLUMN (E) IN PART II SECTION A FOR THE CURRENT YEAR 2020 WAS ADJUSTED TO REFLECT THE 2019 ACCOUNTS RECEIVABLE THAT WOULDN'T HAVE BEEN INCLUDED IN SCHEDULE A DUE TO THE CASH TO ACCRUAL CONVERSION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0FORM 990, SCHEDULE A PART II, SECTION A COLUMN (E) 2020
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0435351
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0374357
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0389901
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0136351
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01385960
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02816
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02816
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt089950
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83800
IRS990ScheduleA/PublicSupportPY170Pct00.79580
IRS990ScheduleA/PublicSupportTotal170Amt01163850
IRS990ScheduleA/SubstantialContributorsTotAmt0222110
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0435351
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0374357
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0389901
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0136351
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt050000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01385960
IRS990ScheduleA/TotalSupportAmt01388776
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/DirectContactLegislatorsAmt036336
IRS990ScheduleC/DirectContactLegislatorsInd01
IRS990ScheduleC/GrantsOtherOrganizationsInd00
IRS990ScheduleC/MailingsMembersInd00
IRS990ScheduleC/MediaAdvertisementsInd00
IRS990ScheduleC/NotDescribedSection501c3Ind00
IRS990ScheduleC/OtherActivitiesInd00
IRS990ScheduleC/PaidStaffOrManagementInd00
IRS990ScheduleC/PublicationsOrBroadcastInd00
IRS990ScheduleC/RalliesDemonstrationsInd00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PAYS A LOBBYING FIRM TO MAINTAIN CONTACT WITH LEGISLATORS, THEIR STAFFS AND GOVERNMENT OFFICIALS TO MAXIMIZE GRANT FUNDING INCLUDED IN THE ANNUAL MASSACHUSETTS BUDGET. THIS HELPS THE ORGANIZATION TO MAINTAIN ITS ANNUAL EARMARK FROM THE STATE OF MASSACHUSETTS AND TO PURSUE NEW OPPORTUNITIES FOR FUNDING FROM THE STATE OF MASSACHUSETTS (EXAMPLES INCLUDE: ECONOMIC DEVELOPMENT BILL, ARPA).
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II-B, LINE 1:
IRS990ScheduleC/TotalLobbyingExpendituresAmt036336
IRS990ScheduleC/VolunteersInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0FOR PROFIT
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PRODUCT DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AEROSHIELD MATERIALS INC
IRS990ScheduleI/RecipientTable/RecipientEIN0843097936
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01 WESTINGHOUSE PLAZA SUITE D157
IRS990ScheduleI/RecipientTable/USAddress/CityNm0HYDE PARK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002136
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE GRANTEES PROVIDE UPDATES FOR THE ORGANIZATION'S SUCCESS STORIES, AND THEY REPORT IN AT THE FOLLOWING YEAR'S SHOWCASE
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR WILL REVIEW THE DRAFT OF THE 990 AND SHARE IT WITH THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 2,649. MANAGEMENT AND GENERAL EXPENSES 5,078. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,727. CONSULTING FEES: PROGRAM SERVICE EXPENSES 34,698. MANAGEMENT AND GENERAL EXPENSES 6,046. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,744.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CASH TO ACCRUAL ADJUSTMENT 90,744.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOR 2020, THE ORGANIZATION IS FILING ITS FORM 990 USING THE ACCRUAL METHOD OF ACCOUNTING. IN PRIOR YEARS, THE ORGANIZATION FILED ITS FORMS 990 ON THE CASH BASIS. THE CHANGE IS BEING MADE SINCE THE ORGANIZATION KEEPS ITS BOOKS AND RECORDS ON AN ACCRUAL BASIS. SINCE ITS INCEPTION, THE ORGANIZATION HAS NOT HAD ANY TAXABLE INCOME OR DEDUCTIONS AND THEREFORE HAS NOT ADOPTED A METHOD OF ACCOUNTING FOR FEDERAL INCOME TAX PURPOSES. SINCE AN ADOPTION OF A METHOD FOR FEDERAL INCOME TAX PURPOSES HAS NEVER BEEN MADE, THE ORGANIZATION IS NOT REQUIRED TO REQUEST A CHANGE IN ACCOUNTING METHOD WITH THE IRS BY FILING FORM 3115.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 1 - CHANGE IN ACCOUNTING METHOD
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0289407
IRS990/TotalAssetsEOYAmt0294824
IRS990/TotalAssetsGrp/BOYAmt0289407
IRS990/TotalAssetsGrp/EOYAmt0294824
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0305136
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt042175
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0131888
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0300398
IRS990/TotalFunctionalExpensesGrp/TotalAmt0474461
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt077498
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt077498
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0289407
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0217326
IRS990/TotalOtherCompensationAmt08940
IRS990/TotalProgramServiceExpensesAmt0300398
IRS990/TotalProgramServiceRevenueAmt06500
IRS990/TotalReportableCompFromOrgAmt0133066
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06500
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0311636
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt027
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0289407
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0294824
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt032
IRS990/TravelGrp/ProgramServicesAmt04494
IRS990/TravelGrp/TotalAmt04526
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt048192
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0444 SOMERVILLE AVE
IRS990/USAddress/CityNm0SOMERVILLE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings