Civic Intelligence

Melrose Education Foundation Inc.

990EZ • Fiscal year 2017 • EIN 46-2038401

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 10, 2017

31 Gooch StreetMelrose, MA 02176

(617) 970-5874

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 2017

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2017

Net Margin

9th percentile

-42%

Higher net margin than 9% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

14th percentile

-32%

Faster asset growth than 14% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

13th percentile

-39%

Faster revenue growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$22,752

Down $10,870 (-32%) from 2016

Net Assets

Down

$22,752

Down $10,870 (-32%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$25,677

Down $16,341 (-39%) from 2016

Expenses

Up

$36,547

Up $1,385 (+3.9%) from 2016

Net Income

Down

-$10,870

Down $17,726 (-259%) from 2016

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2013: $2,244Liabilities 2013: $02013Assets 2014: $11,156Liabilities 2014: $02014Assets 2015: $26,766Net Assets 2015: $26,7662015Assets 2016: $33,622Net Assets 2016: $33,6222016Assets 2017: $22,752Net Assets 2017: $22,7522017Assets 2018: $25,044Net Assets 2018: $25,0442018Assets 2019: $27,396Net Assets 2019: $27,3962019Assets 2020: $28,982Net Assets 2020: $28,9822020Assets 2021: $38,135Net Assets 2021: $38,1352021Assets 2022: $38,702Net Assets 2022: $38,7022022Assets 2023: $57,636Net Assets 2023: $57,6362023Assets 2024: $63,833Net Assets 2024: $63,8332024

Highlighted filing

2017

Assets$22,752
Liabilities-
Net Assets$22,752

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2013: $2,520Expenses 2013: $276Net Income 2013: $2,2442013Revenue 2014: $16,821Expenses 2014: $7,909Net Income 2014: $8,9122014Revenue 2015: $38,897Expenses 2015: $23,287Net Income 2015: $15,6102015Revenue 2016: $42,018Expenses 2016: $35,162Net Income 2016: $6,8562016Revenue 2017: $25,677Expenses 2017: $36,547Net Income 2017: -$10,8702017Revenue 2018: $26,776Expenses 2018: $24,484Net Income 2018: $2,2922018Revenue 2019: $27,424Expenses 2019: $25,072Net Income 2019: $2,3522019Revenue 2020: $22,128Expenses 2020: $20,542Net Income 2020: $1,5862020Revenue 2021: $27,728Expenses 2021: $18,575Net Income 2021: $9,1532021Revenue 2022: $32,929Expenses 2022: $32,362Net Income 2022: $5672022Revenue 2023: $41,207Expenses 2023: $22,736Net Income 2023: $18,4712023Revenue 2024: $44,443Expenses 2024: $38,246Net Income 2024: $6,1972024

Highlighted filing

2017

Revenue$25,677
Expenses$36,547
Net Income-$10,870
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 10, 2017
Return Version
2016v3.0
Gross Receipts
$30,117
Mission and Program Overview

Mission

Provide grants to fund initiatives that will enrich curriculum and promote creativity and innovation for all students in the melrose public schools.

Program Services

DescriptionGrantsExpenses
PROVIDE GRANTS TO TEACHERS IN MELROSE PUBLIC SCHOOLS$32,128$32,128
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNIFER MCANDREWPresident-$0--
MARTHA GROVERTreasurer-$0--
KIM LAFONTANAVice Preside-$0--
LISA LEWISSecretary-$0--
JENNIFER MANNINGDirector-$0--
BRAD FREEMANDirector-$0--
MARTY CASSAVOYDirector-$0--
KAREN GRANT BLACKBURNDirector-$0--
ERIN HOBIN-AUDETDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Beebe Night Out$8,221$8,221-$8,221
Flamingo Flocki$6,365$6,365$85$6,280
Total Events$14,586$14,586$4,440$10,146
Filing and Contact Details

Filer

Filer Name
Melrose Education Foundation Inc
EIN
46-2038401
Phone
6179705874
Address
31 GOOCH STREET, MELROSE, MA 02176

Signing Officer

Name
Martha Grover
Title
Treasurer
Phone
6179705874
Signed
2017-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Sheffield Advisors LLC
Address
6 EASTMAN PLACE SUITE 4, MELROSE, MA 02176
Preparer
Cynthia M Hickey CPA
Phone
7816620071
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing expenses 608 victorian fair 185 bank & paypal fees 492 chamber membership 55 filing fees 54 office supplies 72 jotform 119 website expenses 414 mps summer institute 509 parent university 1,277 total 3,785

Form 990-ez, Part III

Provide grants to fund initiatives that will enrich curriculum and promote creativity and innovation for all students in the melrose public schools.

Raw XML Appendix179 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/BooksInCareOfDetail/USAddress/CityNm0MELROSE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7KAREN GRANT BLACKBURN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherExpensesTotalAmt03785
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE GRANTS TO FUND INITIATIVES THAT WILL ENRICH CURRICULUM AND PROMOTE CREATIVITY AND INNOVATION FOR ALL STUDENTS IN THE MELROSE PUBLIC SCHOOLS.
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt085
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING EXPENSES 608 VICTORIAN FAIR 185 BANK & PAYPAL FEES 492 CHAMBER MEMBERSHIP 55 FILING FEES 54 OFFICE SUPPLIES 72 JOTFORM 119 WEBSITE EXPENSES 414 MPS SUMMER INSTITUTE 509 PARENT UNIVERSITY 1,277 TOTAL 3,785
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROVIDE GRANTS TO FUND INITIATIVES THAT WILL ENRICH CURRICULUM AND PROMOTE CREATIVITY AND INNOVATION FOR ALL STUDENTS IN THE MELROSE PUBLIC SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/Filer/EIN0462038401
ReturnHeader/Filer/PhoneNum06179705874
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ReturnHeader/PreparerPersonGrp/PhoneNum07816620071
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-11-13T14:29:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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Filings