Liabilities / Assets
46th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
46th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
62nd percentile
Higher net margin than 62% of similar nonprofits.
Top Officer Pay
69th percentile
Higher top officer pay than 69% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
65th percentile
Faster asset growth than 65% of similar nonprofits.
Revenue Growth
72nd percentile
Faster revenue growth than 72% of similar nonprofits.
Balance Sheet
Assets
Up$83,267
Up $7,560 (+10.0%) from 2015
Net Assets
Up$83,267
Up $7,560 (+10.0%) from 2015
Liabilities
Flat$0
Flat from 2015
Revenue And Expenses
Revenue
Up$110,486
Up $12,236 (+12%) from 2015
Expenses
Up$102,926
Up $53,439 (+108%) from 2015
Net Income
Down$7,560
Down $41,203 (-84%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- May 1, 2015 to Apr 30, 2016
- Signed
- Jul 5, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $110,486
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
| Description | Grants | Expenses |
|---|---|---|
| IN COLLABORATION WITH A RHODE ISLAND PARTNER (SOCIAL ENTERPRISE GREENHOUSE) MEDMATES HAS HELPED 13 STARTUP VENTURES AND HELD THREE NETWORKING SESSIONS. ALSO, MEDMATES RECEIVED A GRANT FROM THE RHODE ISLAND FOUNDATION. SUBSEQUENT TO APRIL 30,2016 THE GRANT WAS USED TO HIRE EXECUTIVE DIRECTOR KELLY NEVINS. | $75,000 | $0 |
| MEDMATES SUBMITTED AN APPLICATION FOR A GRANT AND WAS SUBSEQUENTLY AWARDED A GRANT FROM THE RHODE ISLAND DEPARTMENT OF LABOR & TRAINING TO ASSESS OPPORTUNITIES FOR GROWTH OF THE RHODE ISLAND MEDICAL TECHNOLOGY COMMUNITY. EXECUTION OF THE GRANT CONTINUED UNTIL OCTOBER 2015. | $24,950 | $0 |
| MEDMATES SUBMITTED A FOLLOW-UP GRANT APPLICATION TO THE RHODE ISLAND DEPARTMENT OF LABOR & TRAINING AND WAS AWARDED THIS GRANT IN DECEMBER 2015. THE PURPOSE OF THE GRANT WAS TO RECRUIT AND TRAIN MEDICAL TECHNOLOGY STARTUPS. | $9,036 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DAVID GOLDSMITH | President | PT | $0 | - | - |
| MARGARET D FARRELL | Secretary | - | $0 | - | - |
| DAVID J SYNER | Treasurer | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Medmates
- EIN
- 46-2858053
- Phone
- 4014000047
- Address
- 24 CORLISS STREET 41240 NO 41240, PROVIDENCE, RI 02904-2477
Signing Officer
- Name
- David J Syner
- Title
- Treasurer
- Phone
- 4012725600
- Signed
- 2016-07-05
- 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: 1,593. Description: fees. Amount: 40. Description: computer software. Amount: 1,562. Description: website expenses. Amount: 6,829. Description: marketing expense. Amount: 928. Description: credit card fees. Amount: 50. Description: insurance expense. Amount: 800. Description: meals & entertainment. Amount: 817. Description: travel expense. Amount: 172. Description: program expenses. Amount: 4,748. Total to form 990-ez, line 16: 17,539.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: miscellaneous receivable. Beg. Of year amount: 0. End of year amount: 179.”
Raw XML Appendix122 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | KELLY NEVINS EXECUTIVE DIRECTOR |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4012153311 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 24 CORLISS STREET NO 41240 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PROVIDENCE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | RI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02904 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 75707 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 83088 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 110486 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 7560 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 84459 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 75707 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 83267 |
| IRS990EZ/GrossReceiptsAmt | 0 | 110486 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 75707 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 83267 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 75707 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 83267 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 909 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DAVID GOLDSMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MARGARET D FARRELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DAVID J SYNER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 179 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 17539 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 19 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | IN COLLABORATION WITH A RHODE ISLAND PARTNER (SOCIAL ENTERPRISE GREENHOUSE) MEDMATES HAS HELPED 13 STARTUP VENTURES AND HELD THREE NETWORKING SESSIONS. ALSO, MEDMATES RECEIVED A GRANT FROM THE RHODE ISLAND FOUNDATION. SUBSEQUENT TO APRIL 30,2016 THE GRANT WAS USED TO HIRE EXECUTIVE DIRECTOR KELLY NEVINS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | MEDMATES SUBMITTED AN APPLICATION FOR A GRANT AND WAS SUBSEQUENTLY AWARDED A GRANT FROM THE RHODE ISLAND DEPARTMENT OF LABOR & TRAINING TO ASSESS OPPORTUNITIES FOR GROWTH OF THE RHODE ISLAND MEDICAL TECHNOLOGY COMMUNITY. EXECUTION OF THE GRANT CONTINUED UNTIL OCTOBER 2015. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | MEDMATES SUBMITTED A FOLLOW-UP GRANT APPLICATION TO THE RHODE ISLAND DEPARTMENT OF LABOR & TRAINING AND WAS AWARDED THIS GRANT IN DECEMBER 2015. THE PURPOSE OF THE GRANT WAS TO RECRUIT AND TRAIN MEDICAL TECHNOLOGY STARTUPS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 75000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 24950 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 9036 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 102926 |
| IRS990EZ/TotalRevenueAmt | 0 | 110486 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.MEDMATES.ORG |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: EVENT EXPENSE. AMOUNT: 1,593. DESCRIPTION: FEES. AMOUNT: 40. DESCRIPTION: COMPUTER SOFTWARE. AMOUNT: 1,562. DESCRIPTION: WEBSITE EXPENSES. AMOUNT: 6,829. DESCRIPTION: MARKETING EXPENSE. AMOUNT: 928. DESCRIPTION: CREDIT CARD FEES. AMOUNT: 50. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 800. DESCRIPTION: MEALS & ENTERTAINMENT. AMOUNT: 817. DESCRIPTION: TRAVEL EXPENSE. AMOUNT: 172. DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 4,748. TOTAL TO FORM 990-EZ, LINE 16: 17,539. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: MISCELLANEOUS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 179. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/BuildTS | 0 | 2016-09-27 15:27:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DAVID J SYNER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4012725600 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-07-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MEDMATES |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MEDM |
| ReturnHeader/Filer/EIN | 0 | 462858053 |
| ReturnHeader/Filer/PhoneNum | 0 | 4014000047 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 24 CORLISS STREET 41240 NO 41240 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PROVIDENCE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | RI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 029042477 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 061009205 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BLUM SHAPIRO & COMPANY PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 50 HOLDEN STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PROVIDENCE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | RI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 02908 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4012725600 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-07-05 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID J SYNER |
| ReturnHeader/ReturnTs | 0 | 2016-07-11T09:36:08-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-05-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-04-30 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $83,267
- Liabilities
- $0
- Net assets
- $83,267
- Revenue
- $110,486
- Expenses
- $102,926
- Net income
- $7,560