Civic Intelligence

Wakefield Main Streets Inc

990EZ • Fiscal year 2023 • EIN 46-5622128

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 29, 2024

Organization ProfileN/A
PO Box 1533Wakefield, MA 01880

(781) 224-5422

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

97th percentile

91%

Higher net margin than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

79th percentile

30%

Faster asset growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

100th percentile

55533%

Faster revenue growth than 100% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$39,777

Up $9,102 (+30%) from 2022

Net Assets

Up

$39,777

Up $9,102 (+30%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin97th percentile

Revenue

Up

$10,014

Up $9,996 (+55533%) from 2022

Expenses

Down

$912

Down $13,236 (-94%) from 2022

Net Income

Up

$9,102

Up $23,232 (+164%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$150K$100K$50K$0Assets 2017: $107,487Net Assets 2017: $107,4872017Assets 2018: $73,667Net Assets 2018: $73,6672018Assets 2019: $75,423Liabilities 2019: $0Net Assets 2019: $75,4232019Assets 2021: $44,805Liabilities 2021: $0Net Assets 2021: $44,8052021Assets 2022: $30,675Liabilities 2022: $0Net Assets 2022: $30,6752022Assets 2023: $39,777Liabilities 2023: $0Net Assets 2023: $39,7772023

Highlighted filing

2023

Assets$39,777
Liabilities$0
Net Assets$39,777
Open 2023 Filing

Operations Trend

Revenue Growth100th percentile

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

$150K$100K$50K$0-$50KRevenue 2017: $106,461Expenses 2017: $37,478Net Income 2017: $68,9832017Revenue 2018: $104,168Expenses 2018: $137,988Net Income 2018: -$33,8202018Revenue 2019: $14,842Expenses 2019: $13,086Net Income 2019: $1,7562019Revenue 2021: $8,331Expenses 2021: $24,176Net Income 2021: -$15,8452021Revenue 2022: $18Expenses 2022: $14,148Net Income 2022: -$14,1302022Revenue 2023: $10,014Expenses 2023: $912Net Income 2023: $9,1022023

Highlighted filing

2023

Revenue$10,014
Expenses$912
Net Income$9,102
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 29, 2024
Return Version
2023v5.1
Gross Receipts
$10,014
Mission and Program Overview

Mission

To establish and promote dowtown wakefield as a vibrant, inviting destination, by fostering preservation, economic renewal, and community involvement

To establish and promote downtown Wakefield as a vibrant, inviting destination, by fostering preservation, economic renewal, and community involvement.

Program Services

DescriptionGrantsExpenses
Program expenses incurred in the establishment and promotion of downtown Wakefield, Massachusetts as a vibrant, inviting destination include the following:$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert MailhoitPresidentPT$0--
Susan WetmoreVice PresidentPT$0--
Robert J DiBellaTreasurerPT$0--
Jeff KlapesSecretary-$0--
Thomas GalvinDirector-$0--
Anthony GuardiaDirector-$0--
Ann HadleyDirector-$0--
John RossDirector-$0--
Filing and Contact Details

Filer

Filer Name
Wakefield Main Streets Inc
EIN
46-5622128
Phone
7812245422
Address
PO Box 1533, Wakefield, MA 01880

Signing Officer

Name
Robert J DiBella
Title
Treasurer
Phone
7812245422
Signed
2024-07-29
Discuss with paid preparer
Yes

Preparer

Firm
Berry Dunn McNeil & Parker LLC
Address
2211 Congress St, Portland, ME 04102
Preparer
Joseph R Byrne
Phone
2077752387
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

“Description: Interest Income. Amount: 14.”

Form 990-EZ, Part I, Line 8 - Other Revenue

“Description: Other Income. Amount: 10,000.”

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

“Description: Insurance Expense. Amount: 480. Description: State Filing Fees. Amount: 35. Description: Office Expense. Amount: 397. Total to Form 990-EZ, line 16: 912.”

Raw XML Appendix166 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum07812245422
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt032 Barber Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Framingham
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001702
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt030675
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt039777
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
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IRS990EZ/ExcessOrDeficitForYearAmt09102
IRS990EZ/FiledScheduleAInd01
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt039777
IRS990EZ/GrossReceiptsAmt010014
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IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt030675
IRS990EZ/NetAssetsOrFundBalancesEOYAmt039777
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt030675
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Robert Mailhoit
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Susan Wetmore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Robert J DiBella
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jeff Klapes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Thomas Galvin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Anthony Guardia
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Ann Hadley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7John Ross
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0912
IRS990EZ/OtherRevenueTotalAmt010000
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To establish and promote downtown Wakefield as a vibrant, inviting destination, by fostering preservation, economic renewal, and community involvement.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Program expenses incurred in the establishment and promotion of downtown Wakefield, Massachusetts as a vibrant, inviting destination include the following:
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0912
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt010014
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07250
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt014
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt061
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0149
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0267
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0509
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt013195
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93440
IRS990ScheduleA/PublicSupportPY170Pct00.99440
IRS990ScheduleA/PublicSupportTotal170Amt07250
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07250
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07250
IRS990ScheduleA/TotalSupportAmt07759
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Interest Income. Amount: 14.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Other Income. Amount: 10,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Insurance Expense. Amount: 480. Description: State Filing Fees. Amount: 35. Description: Office Expense. Amount: 397. Total to Form 990-EZ, line 16: 912.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 8 - Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 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/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Robert J DiBella
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07812245422
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Wakefield Main Streets Inc
ReturnHeader/Filer/BusinessNameControlTxt0WAKE
ReturnHeader/Filer/EIN0465622128
ReturnHeader/Filer/PhoneNum07812245422
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1533
ReturnHeader/Filer/USAddress/CityNm0Wakefield
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001880
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010523282
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Berry Dunn McNeil & Parker LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02211 Congress St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Portland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004102
ReturnHeader/PreparerPersonGrp/PhoneNum02077752387
ReturnHeader/PreparerPersonGrp/PreparationDt02024-07-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph R Byrne
ReturnHeader/ReturnTs02024-07-30T10:55:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,777
Liabilities
$0
Net assets
$39,777
Revenue
$10,014
Expenses
$912
Net income
$9,102
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.10$0.01$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.00$0.14$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.00$0.45$0.08$0.24$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.00$0.75$0.15$0.13$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.74$0.74$1.04$1.38$0.34
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$1.07$1.06$0.37$0.69