Civic Intelligence

Andover Business Center Associates Inc

EIN 46-2026419 • 501(c)6 • Andover, MA

Profile

The corporation is to be regarded as a merchant and service organization, which is managed and inspired entirely by its membership solely devoted to actively promoting and improving the quality of life in the andover business and services community.

P O Box 5001Andover, MA 01810

www.andoverbusinesses.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2019

Net Margin

5th percentile

-207%

Higher net margin than 5% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

23rd percentile

-26%

Faster asset growth than 23% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

8th percentile

-65%

Faster revenue growth than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$11,748

Down $4,205 (-26%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$11,748

Down $4,205 (-26%) from 2018

Revenue

Down

$2,031

Down $3,761 (-65%) from 2018

Expenses

Up

$6,236

Up $380 (+6.5%) from 2018

Net Income

Down

-$4,205

Down $4,141 (-6470%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20K$15K$10K$5.0K$0Assets 2014: $15,083Net Assets 2014: $15,0832014Assets 2015: $12,377Net Assets 2015: $12,3772015Assets 2016: $12,639Net Assets 2016: $12,6392016Assets 2017: $16,017Net Assets 2017: $16,0172017Assets 2018: $15,953Net Assets 2018: $15,9532018Assets 2019: $11,748Net Assets 2019: $11,7482019

Highlighted filing

2019

Assets$11,748
Liabilities-
Net Assets$11,748

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10KRevenue 2014: $24,591Expenses 2014: $9,508Net Income 2014: $15,0832014Revenue 2015: $9,368Expenses 2015: $12,074Net Income 2015: -$2,7062015Revenue 2016: $7,205Expenses 2016: $6,943Net Income 2016: $2622016Revenue 2017: $7,832Expenses 2017: $4,454Net Income 2017: $3,3782017Revenue 2018: $5,792Expenses 2018: $5,856Net Income 2018: -$642018Revenue 2019: $2,031Expenses 2019: $6,236Net Income 2019: -$4,2052019

Highlighted filing

2019

Revenue$2,031
Expenses$6,236
Net Income-$4,205

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Mar 1, 2020
Return Version
2018v3.1
Gross Receipts
$56,102
Mission and Program Overview

Mission

The corporation is to be regarded as a merchant and service organization, which is managed and inspired entirely by its membership solely devoted to actively promoting and improving the quality of life in the andover business and services community.

Program Services

DescriptionGrantsExpenses
DONATING FUNDS TO OTHER CHARITABLE ORGANIZATIONS-$2,064
GRANTING SCHOLARSHIPS TO STUDENTS-$500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Phyllis RiordanVice President-$0--
Ted TeichertTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Community Event #1$46,002$46,002$40,244$5,758
Community Event #2$8,450$8,450$13,827$-5,377
Total Events$54,452$54,452$54,071$381
Filing and Contact Details

Filer

Filer Name
Andover Business Center Associates Inc
EIN
46-2026419
Phone
6178888679
Address
P O Box 5001, Andover, MA 01810

Signing Officer

Name
Phyllis Riordan
Title
Vice President
Signed
2020-03-01
Discuss with paid preparer
Yes

Preparer

Firm
Ardito Toscano & Mccollum Pc
Address
Forty Bayfield Dr, North Andover, MA 01845
Preparer
George J Toscano Jr CPA
Phone
9786882880
Supplemental Narrative

Additional Explanations

Other Expenses.1012

Insurance $1222

Other Expenses.1

ADMINISTRATIVE $1518

Other Expenses.3

FILING FEES $70

Mission Statements

ABCA is managed and inspired by its membership, and new members are always welcome. As a 501(c)6 association, it is dedicated solely to promoting and improving the economic vitality of the Andover business and service community. ABCAs members are the engine driving job creation in Andovers business and service sector. ABCA sponsors several important annual events, including Andover Day, Holiday Happenings, and the Boutique Blowout. Youve enjoyed and benefited from these events help us continue to make them even better!

Raw XML Appendix116 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.

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IRS990EZ/PrimaryExemptPurposeTxt0THE CORPORATION IS TO BE REGARDED AS A MERCHANT AND SERVICE ORGANIZATION, WHICH IS MANAGED AND INSPIRED ENTIRELY BY ITS MEMBERSHIP SOLELY DEVOTED TO ACTIVELY PROMOTING AND IMPROVING THE QUALITY OF LIFE IN THE ANDOVER BUSINESS AND SERVICES COMMUNITY.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02064
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IRS990EZ/TotalExpensesAmt06236
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IRS990EZ/WebsiteAddressTxt0www.andoverbusinesses.org
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance $1222
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADMINISTRATIVE $1518
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FILING FEES $70
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ABCA is managed and inspired by its membership, and new members are always welcome. As a 501(c)6 association, it is dedicated solely to promoting and improving the economic vitality of the Andover business and service community. ABCAs members are the engine driving job creation in Andovers business and service sector. ABCA sponsors several important annual events, including Andover Day, Holiday Happenings, and the Boutique Blowout. Youve enjoyed and benefited from these events help us continue to make them even better!
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Mission Statements
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ReturnHeader/Filer/EIN0462026419
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0North Andover
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001845
ReturnHeader/PreparerPersonGrp/PhoneNum09786882880
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0George J Toscano Jr CPA
ReturnHeader/ReturnTs02020-03-01T10:44:56-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

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