Civic Intelligence

Medmates

990EZ • Fiscal year 2015 • EIN 46-2858053

May 01, 2014 to Apr 30, 2015 • Filed on Oct 07, 2015

Organization ProfileWWW.MEDMATES.ORG
184 Burnside AvenueWoonsocket, RI 02895

(401) 400-0047

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

97th percentile

50%

Higher net margin than 97% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

97th percentile

181%

Faster asset growth than 97% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

96th percentile

82%

Faster revenue growth than 96% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$75,707

Up $48,763 (+181%) from 2014

Net Assets

Up

$75,707

Up $48,763 (+181%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin97th percentile

Revenue

Up

$98,250

Up $44,240 (+82%) from 2014

Expenses

Up

$49,487

Up $22,421 (+83%) from 2014

Net Income

Up

$48,763

Up $21,819 (+81%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$300K$200K$100K$0Assets 2014: $26,944Liabilities 2014: $0Net Assets 2014: $26,9442014Assets 2015: $75,707Liabilities 2015: $0Net Assets 2015: $75,7072015Assets 2016: $83,267Liabilities 2016: $0Net Assets 2016: $83,2672016Assets 2017: $25,437Liabilities 2017: $0Net Assets 2017: $25,4372017Assets 2018: $47,627Liabilities 2018: $0Net Assets 2018: $47,6272018Assets 2019: $50,952Liabilities 2019: $0Net Assets 2019: $50,9522019Assets 2020: $60,944Liabilities 2020: $41,122Net Assets 2020: $19,8222020Assets 2021: $228,555Liabilities 2021: $146,396Net Assets 2021: $82,1592021Assets 2022: $119,673Liabilities 2022: $37,165Net Assets 2022: $82,5082022Assets 2023: $98,004Liabilities 2023: $25,721Net Assets 2023: $72,2832023Assets 2024: $42,269Liabilities 2024: $16,367Net Assets 2024: $25,9022024

Highlighted filing

2015

Assets$75,707
Liabilities$0
Net Assets$75,707
Open 2015 Filing

Operations Trend

Revenue Growth96th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $54,010Expenses 2014: $27,066Net Income 2014: $26,9442014Revenue 2015: $98,250Expenses 2015: $49,487Net Income 2015: $48,7632015Revenue 2016: $110,486Expenses 2016: $102,926Net Income 2016: $7,5602016Revenue 2017: $186,673Expenses 2017: $244,503Net Income 2017: -$57,8302017Revenue 2018: $296,159Expenses 2018: $273,969Net Income 2018: $22,1902018Revenue 2019: $143,615Expenses 2019: $140,290Net Income 2019: $3,3252019Revenue 2020: $452,799Expenses 2020: $456,359Net Income 2020: -$3,5602020Revenue 2021: $446,723Expenses 2021: $384,386Net Income 2021: $62,3372021Revenue 2022: $686,804Expenses 2022: $697,430Net Income 2022: -$10,6262022Revenue 2023: $661,388Expenses 2023: $671,613Net Income 2023: -$10,2252023Revenue 2024: $544,166Expenses 2024: $590,547Net Income 2024: -$46,3812024

Highlighted filing

2015

Revenue$98,250
Expenses$49,487
Net Income$48,763
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2014 to Apr 30, 2015
Signed
Oct 7, 2015
Return Version
2014v5.0
Gross Receipts
$98,250
Mission and Program Overview

Mission

Medmates is a health-tech industry network group, connecting people and companies to support and accelerate opportunities in rhode island. It includes members from the academic, biotech, diagnostics, government, information, medical device, and pharmaceutical sectors.

Medmates is a corporation whose purpose is to support the health care industry by galvanizing collaboration between the health technologies companies, hospitals, universities, sources of capital, and governmental partners to support and accelerate health technology development in rhode island.

Program Services

DescriptionGrantsExpenses
MEDMATES HELD NINE EDUCATIONAL AND NETWORKING EVENTS FOR THEIR MEMBERS WITH A COMBINED ATTENDANCE OF APPROXIMATELY 538. THE PURPOSE OF THE EVENTS WAS TO PROMOTE THE GROWTH OF HEALTH-TECH COMPANIES IN RHODE ISLAND.$0$0
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHEN LANEChairman-$0--
DAVID GOLDSMITHPresident-$0--
MARGARET D FARRELLSecretary-$0--
DAVID J SYNERTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Medmates Co David Goldsmith
EIN
46-2858053
Phone
4014000047
Address
184 BURNSIDE AVENUE, WOONSOCKET, RI 02895

Signing Officer

Name
David J Syner
Title
Treasurer
Phone
4012725600
Signed
2015-10-07
Discuss with paid preparer
Yes

Preparer

Firm
Blum Shapiro & Company Pc
Address
50 HOLDEN STREET, PROVIDENCE, RI 02908
Preparer
David J Syner
Phone
4012725600
Supplemental Narrative

Additional Explanations

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

“Description: event expense. Amount: 8,294. Description: fees. Amount: 20. Description: office supplies. Amount: 305. Description: computer software. Amount: 436. Description: website expenses. Amount: 54. Description: marketing expense. Amount: 40. Description: donation. Amount: 500. Total to form 990-ez, line 16: 9,649.”

Raw XML Appendix114 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/BusinessName/BusinessNameLine1Txt0DAVID GOLDSMITH
IRS990EZ/BooksInCareOfDetail/PhoneNum04014000047
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0184 BURNSIDE AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WOONSOCKET
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002895
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt026944
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt075707
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt098250
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt048763
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt039838
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt026944
IRS990EZ/Form990TotalAssetsGrp/EOYAmt075707
IRS990EZ/GrossReceiptsAmt098250
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt026944
IRS990EZ/NetAssetsOrFundBalancesEOYAmt075707
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt026944
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt075707
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEPHEN LANE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVID GOLDSMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARGARET D FARRELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAVID J SYNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt09649
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0MEDMATES IS A CORPORATION WHOSE PURPOSE IS TO SUPPORT THE HEALTH CARE INDUSTRY BY GALVANIZING COLLABORATION BETWEEN THE HEALTH TECHNOLOGIES COMPANIES, HOSPITALS, UNIVERSITIES, SOURCES OF CAPITAL, AND GOVERNMENTAL PARTNERS TO SUPPORT AND ACCELERATE HEALTH TECHNOLOGY DEVELOPMENT IN RHODE ISLAND.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MEDMATES HELD NINE EDUCATIONAL AND NETWORKING EVENTS FOR THEIR MEMBERS WITH A COMBINED ATTENDANCE OF APPROXIMATELY 538. THE PURPOSE OF THE EVENTS WAS TO PROMOTE THE GROWTH OF HEALTH-TECH COMPANIES IN RHODE ISLAND.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt049487
IRS990EZ/TotalRevenueAmt098250
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MEDMATES.ORG
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: EVENT EXPENSE. AMOUNT: 8,294. DESCRIPTION: FEES. AMOUNT: 20. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 305. DESCRIPTION: COMPUTER SOFTWARE. AMOUNT: 436. DESCRIPTION: WEBSITE EXPENSES. AMOUNT: 54. DESCRIPTION: MARKETING EXPENSE. AMOUNT: 40. DESCRIPTION: DONATION. AMOUNT: 500. TOTAL TO FORM 990-EZ, LINE 16: 9,649.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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/PersonNm0DAVID J SYNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04012725600
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEDMATES CO DAVID GOLDSMITH
ReturnHeader/Filer/BusinessNameControlTxt0MEDM
ReturnHeader/Filer/EIN0462858053
ReturnHeader/Filer/PhoneNum04014000047
ReturnHeader/Filer/USAddress/AddressLine1Txt0184 BURNSIDE AVENUE
ReturnHeader/Filer/USAddress/CityNm0WOONSOCKET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002895
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061009205
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLUM SHAPIRO & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 HOLDEN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PROVIDENCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002908
ReturnHeader/PreparerPersonGrp/PhoneNum04012725600
ReturnHeader/PreparerPersonGrp/PreparationDt02015-10-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID J SYNER
ReturnHeader/ReturnTs02015-10-08T11:12:09-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-05-01
ReturnHeader/TaxPeriodEndDt02015-04-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$75,707
Liabilities
$0
Net assets
$75,707
Revenue
$98,250
Expenses
$49,487
Net income
$48,763
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.16$0.26$5.44$5.91$0.46
2023Detailed filing. Detailed filing data is available for this year.$0.98$0.26$0.72$6.61$6.72$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.20$0.37$0.83$6.87$6.97$0.11
2021Detailed filing. Detailed filing data is available for this year.$2.29$1.46$0.82$4.47$3.84$0.62
2020Detailed filing. Detailed filing data is available for this year.$0.61$0.41$0.20$4.53$4.56$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$1.44$1.40$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$2.96$2.74$0.22
2017Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$1.87$2.45$0.58
2016Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$1.10$1.03$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.98$0.49$0.49
2014Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.54$0.27$0.27