Liabilities / Assets
47th percentile
Tied with the lowest-debt nonprofits in its peer group.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
47th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
47th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
70th percentile
Higher top officer pay than 70% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
3rd percentile
Faster asset growth than 3% of similar nonprofits.
Revenue Growth
95th percentile
Faster revenue growth than 95% of similar nonprofits.
Assets
Down$25,437
Down $57,830 (-69%) from 2016
Net Assets
Down$25,437
Down $57,830 (-69%) from 2016
Liabilities
Flat$0
Flat from 2016
Revenue
Up$186,673
Up $76,187 (+69%) from 2016
Expenses
Up$244,503
Up $141,577 (+138%) from 2016
Net Income
Down-$57,830
Down $65,390 (-865%) from 2016
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.
| Description | Grants | Expenses |
|---|---|---|
| MEDMATES SUBMITTED A GRANT APPLICATION TO THE RHODE ISLAND DEPARTMENT OF LABOR & TRAINING AND WAS AWARDED THIS GRANT IN DECEMBER 2015 WHICH CONTINUED FOR ONE YEAR. THE PURPOSE OF THE GRANT WAS TO RECRUIT AND TRAIN MEDICAL TECHNOLOGY STARTUPS. MEDMATES HAS HELPED 11 MEDTECH STARTUP VENTURES, PROVIDED 100 HOURS OF COACHING, RECRUITED FIVE MEDTECH COACHES, RECRUITED 10 MEDTECH INDUSTRY ADVISORY BOARD MEMBERS, AND HELD SIX HEALTH AND WELLNESS NETWORKING EVENTS, IN WHICH 273 INDIVIDUALS HAVE PARTICIPATED. | $155,365 | $157,622 |
| MEDMATES HAS USED A PREVIOUSLY AWARDED GRANT FROM THE RHODE ISLAND FOUNDATION TO PAY THE SALARY OF THE EXECUTIVE DIRECTOR DURING THE APRIL 30, 2017 YEAR-END PERIOD. SUBSEQUENT TO THE APRIL 30, 2017 YEAR-END A NEW GRANT WAS AWARDED BY THE RHODE ISLAND FOUNDATION IN OCTOBER, 2017 WHICH WILL CONTINUE TO BE USED TO PAY THE SALARY OF THE EXECUTIVE DIRECTOR. | $0 | $57,144 |
| MEDMATES HELD A LIFE SCIENCES EXPO IN APRIL, 2017. THIS EVENT BROUGHT TOGETHER COMPANIES FROM SOUTHEASTERN NEW ENGLAND TO SHOWCASE THE INNOVATION, GROWTH, AND DIVERSITY OF THE LIFE SCIENCES INDUSTRY IN THIS AREA. THIS EVENT PROVIDED AN OPPORTUNITY FOR COMPANIES TO FORGE CONNECTIONS WITH OTHERS IN THE LIFE SCIENCES INDUSTRY. | $31,308 | $18,805 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DAVID GOLDSMITH | President | PT | $0 | - | - |
| MARGARET D FARRELL | Secretary | - | $0 | - | - |
| DAVID J SYNER | Treasurer (Former) | PT | $0 | - | - |
| ALAN OSMOLOWSKI | Treasurer (Current) | PT | $0 | - | - |
“Description: event expense. Amount: 19,198. Description: fees. Amount: 271. Description: office expense. Amount: 599. Description: computer software. Amount: 691. Description: website expenses. Amount: 10,224. Description: marketing expense/advertising. Amount: 200. Description: credit card fees. Amount: 100. Description: insurance expense. Amount: 2,299. Description: meals & entertainment. Amount: 823. Description: travel expense. Amount: 923. Description: program expenses. Amount: 54,528. Description: computer expense. Amount: 1,069. Description: payroll service fees. Amount: 1,009. Description: telephone expense. Amount: 242. Description: supplies. Amount: 56. Description: outreach and communications. Amount: 31,856. Description: participant tracking. Amount: 13,570. Description: donated services included in program revenue. Amount: 18,500. Total to form 990-ez, line 16: 156,158.”
“Description: miscellaneous receivable. Beg. Of year amount: 179. End of year amount: 0.”
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/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CAROL MALYSZ EXECUTIVE DIRECTOR |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4014005499 |
| 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 | 83088 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 25437 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 155365 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -57830 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 10658 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 83267 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 25437 |
| IRS990EZ/GrossReceiptsAmt | 0 | 186673 |
| 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 | 83267 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 25437 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 83267 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 25437 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 9091 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DAVID GOLDSMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MARGARET D FARRELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DAVID J SYNER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ALAN OSMOLOWSKI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER (FORMER) |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER (CURRENT) |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 179 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 156158 |
| 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/ProgramServiceRevenueAmt | 0 | 31308 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | MEDMATES SUBMITTED A GRANT APPLICATION TO THE RHODE ISLAND DEPARTMENT OF LABOR & TRAINING AND WAS AWARDED THIS GRANT IN DECEMBER 2015 WHICH CONTINUED FOR ONE YEAR. THE PURPOSE OF THE GRANT WAS TO RECRUIT AND TRAIN MEDICAL TECHNOLOGY STARTUPS. MEDMATES HAS HELPED 11 MEDTECH STARTUP VENTURES, PROVIDED 100 HOURS OF COACHING, RECRUITED FIVE MEDTECH COACHES, RECRUITED 10 MEDTECH INDUSTRY ADVISORY BOARD MEMBERS, AND HELD SIX HEALTH AND WELLNESS NETWORKING EVENTS, IN WHICH 273 INDIVIDUALS HAVE PARTICIPATED. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | MEDMATES HAS USED A PREVIOUSLY AWARDED GRANT FROM THE RHODE ISLAND FOUNDATION TO PAY THE SALARY OF THE EXECUTIVE DIRECTOR DURING THE APRIL 30, 2017 YEAR-END PERIOD. SUBSEQUENT TO THE APRIL 30, 2017 YEAR-END A NEW GRANT WAS AWARDED BY THE RHODE ISLAND FOUNDATION IN OCTOBER, 2017 WHICH WILL CONTINUE TO BE USED TO PAY THE SALARY OF THE EXECUTIVE DIRECTOR. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | MEDMATES HELD A LIFE SCIENCES EXPO IN APRIL, 2017. THIS EVENT BROUGHT TOGETHER COMPANIES FROM SOUTHEASTERN NEW ENGLAND TO SHOWCASE THE INNOVATION, GROWTH, AND DIVERSITY OF THE LIFE SCIENCES INDUSTRY IN THIS AREA. THIS EVENT PROVIDED AN OPPORTUNITY FOR COMPANIES TO FORGE CONNECTIONS WITH OTHERS IN THE LIFE SCIENCES INDUSTRY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 155365 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 31308 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 157622 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 57144 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 18805 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 68596 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 244503 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 233571 |
| IRS990EZ/TotalRevenueAmt | 0 | 186673 |
| 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: 19,198. DESCRIPTION: FEES. AMOUNT: 271. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 599. DESCRIPTION: COMPUTER SOFTWARE. AMOUNT: 691. DESCRIPTION: WEBSITE EXPENSES. AMOUNT: 10,224. DESCRIPTION: MARKETING EXPENSE/ADVERTISING. AMOUNT: 200. DESCRIPTION: CREDIT CARD FEES. AMOUNT: 100. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 2,299. DESCRIPTION: MEALS & ENTERTAINMENT. AMOUNT: 823. DESCRIPTION: TRAVEL EXPENSE. AMOUNT: 923. DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 54,528. DESCRIPTION: COMPUTER EXPENSE. AMOUNT: 1,069. DESCRIPTION: PAYROLL SERVICE FEES. AMOUNT: 1,009. DESCRIPTION: TELEPHONE EXPENSE. AMOUNT: 242. DESCRIPTION: SUPPLIES. AMOUNT: 56. DESCRIPTION: OUTREACH AND COMMUNICATIONS. AMOUNT: 31,856. DESCRIPTION: PARTICIPANT TRACKING. AMOUNT: 13,570. DESCRIPTION: DONATED SERVICES INCLUDED IN PROGRAM REVENUE. AMOUNT: 18,500. TOTAL TO FORM 990-EZ, LINE 16: 156,158. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: MISCELLANEOUS RECEIVABLE. BEG. OF YEAR AMOUNT: 179. END OF YEAR AMOUNT: 0. |
| 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 | 2018-03-14 21:41:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ALAN OSMOLOWSKI |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4012725600 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-12-04 |
| 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/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 374216FDD831293B6C7B59160EDE16C6FC5C8498 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | AE4F84C66CF7EFD26554BEC15325CB8203138E58 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 50.200.120.74 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-12-04 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ES |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 15:07:46 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 061009205 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BLUM SHAPIRO & COMPANY PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1 CAPITAL WAY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CRANSTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | RI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 02910 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4012725600 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-12-04 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ALAN OSMOLOWSKI |
| ReturnHeader/ReturnTs | 0 | 2018-02-02T10:01:42-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-05-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-04-30 |
| ReturnHeader/TaxYr | 0 | 2016 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.