Civic Intelligence

Massrobotics Inc.

990 • Fiscal year 2020 • EIN 47-1919574

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

Organization ProfileWWW.MASSROBOTICS.ORG
12 Channel Street Suite 202Boston, MA 02210

(617) 960-5960

Siviq Scores

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

Liabilities / Assets

59th percentile

0.17x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

72nd percentile

0.38x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

63rd percentile

13%

Higher net margin than 63% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

87th percentile

$175,000

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

21st percentile

-2.9%

Faster asset growth than 21% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

7th percentile

-54%

Faster revenue growth than 7% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$4,694,861

Down $142,065 (-2.9%) from 2019

Net Assets

Up

$3,898,407

Up $268,886 (+7.4%) from 2019

Liabilities

Down

$796,454

Down $410,951 (-34%) from 2019

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin63rd percentile

Revenue

Down

$2,123,353

Down $2,514,626 (-54%) from 2019

Expenses

Up

$1,854,467

Up $289,672 (+19%) from 2019

Net Income

Down

$268,886

Down $2,804,298 (-91%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$20M$15M$10M$5.0M$0Assets 2015: $10,100Liabilities 2015: $02015Assets 2016: $128,761Liabilities 2016: $6,062Net Assets 2016: $122,6992016Assets 2017: $282,404Liabilities 2017: $87,265Net Assets 2017: $195,1392017Assets 2018: $677,953Liabilities 2018: $116,933Net Assets 2018: $561,0202018Assets 2019: $4,836,926Liabilities 2019: $1,207,405Net Assets 2019: $3,629,5212019Assets 2020: $4,694,861Liabilities 2020: $796,454Net Assets 2020: $3,898,4072020Assets 2021: $5,521,015Liabilities 2021: $827,408Net Assets 2021: $4,693,6072021Assets 2022: $16,518,630Liabilities 2022: $12,214,311Net Assets 2022: $4,304,3192022Assets 2023: $16,149,840Liabilities 2023: $12,018,454Net Assets 2023: $4,131,3862023Assets 2024: $15,483,337Liabilities 2024: $11,560,615Net Assets 2024: $3,922,7222024

Highlighted filing

2020

Assets$4,694,861
Liabilities$796,454
Net Assets$3,898,407
Open 2020 Filing

Operations Trend

Revenue Growth7th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $10,100Expenses 2015: $0Net Income 2015: $10,1002015Revenue 2016: $257,521Expenses 2016: $144,922Net Income 2016: $112,5992016Revenue 2017: $805,645Expenses 2017: $733,205Net Income 2017: $72,4402017Revenue 2018: $1,757,933Expenses 2018: $1,395,936Net Income 2018: $361,9972018Revenue 2019: $4,637,979Expenses 2019: $1,564,795Net Income 2019: $3,073,1842019Revenue 2020: $2,123,353Expenses 2020: $1,854,467Net Income 2020: $268,8862020Revenue 2021: $2,970,436Expenses 2021: $2,175,236Net Income 2021: $795,2002021Revenue 2022: $3,381,614Expenses 2022: $3,770,902Net Income 2022: -$389,2882022Revenue 2023: $3,945,546Expenses 2023: $4,118,479Net Income 2023: -$172,9332023Revenue 2024: $4,010,021Expenses 2024: $4,218,685Net Income 2024: -$208,6642024

Highlighted filing

2020

Revenue$2,123,353
Expenses$1,854,467
Net Income$268,886
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.0
Gross Receipts
$2,123,353
Mission and Program Overview

Mission

The mission of the organization is to help create and scale the next generation of successful robotics and connected device companies by providing entrepreneurs and innovative robotics/automation startups with the workspace and resources they need to develop, prototype, test and commercialize their products and solutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,240,646$3,992,239▼ $248,407
Savings and Temporary Cash Investments$50,245$275,830▲ $225,585
Pledges and Grants Receivable$482,794$271,037▼ $211,757
Cash and Non-Interest-Bearing Accounts$20,503$69,352▲ $48,849
Prepaid Expenses and Deferred Charges$12,038$10,832▼ $1,206
Total Assets$4,836,926$4,694,861▼ $142,065
Other Assets Total$30,700$75,571▲ $44,871
Liabilities
Other Liabilities$481,287$628,818▲ $147,531
Accounts Payable and Accrued Expenses$726,118$117,636▼ $608,482
Deferred Revenue-$50,000-
Total Liabilities$1,207,405$796,454▼ $410,951
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,608,821$3,877,707▲ $268,886
Net Assets With Donor Restrictions$20,700$20,700→ $0
Total Net Assets Fund Balance$3,629,521$3,898,407▲ $268,886
Total Liabilities and Net Assets / Fund Balance$4,836,926$4,694,861▼ $142,065

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,738,654$363,153$4,101,807
Equipment$125,219$41,164$166,383
Other Land Buildings$128,366$36,988$165,354
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Thomas RydenExecutive DiFT$175,000$175,000
Thomas RydenExecutive Director-$175,000$175,000
Fady M SaadDirector, RoFT$158,032$158,032
Fady M SaadDirector, Robotics-$158,032$158,032
Joyce SidopoulosVP, ProgramsFT$119,077$119,077

Board Members and Trustees

NameTitle
Tye BradyChairman
Colin AngleDirector
Cynthia Ann WebbDirector
Daniel TheobaldDirector
Daniela RusDirector
Thomas HopcroftDirector
Timothy RoweDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,544,371
Program Service Revenue
$494,908
Investment Income
$586
Other Revenue
$83,488
All Other Contributions
$1,544,371
Change in Net Assets
$268,886

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,123,353
Revenue Not Reported on Form 990
$294,694
Total Revenue per Audited Statements
$2,418,047
Total Revenue per Form 990
$2,123,353
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,211,370
Salaries, Compensation, and Employee Benefits$643,097
Total Fundraising Expense$224,262
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$561,127$140,282-$701,409
Other Salaries and Wages$192,212$21,901$181,226$395,339
Depreciation Depletion$257,917$64,479-$322,396
Current Officers, Directors, Trustees, and Key Employees$70,000$87,500$17,500$175,000
Payroll Taxes$23,321$9,730$17,674$50,725
Office Expenses$27,932$7,981$3,990$39,903
Interest-$26,534-$26,534
Other Employee Benefits$22,033--$22,033
All Other Expenses$13,839$895$71$14,805
Fees for Services Accounting-$13,125-$13,125
Insurance$9,389$2,347-$11,736
Other Expenses$9,110$2,278-$11,388
Advertising$3,624$1,785-$5,409
Travel$4,359-$484$4,843
Fees for Services Legal--$3,141$3,141
Conferences and Meetings-$412$176$588
Total Functional Expenses$1,250,956$379,249$224,262$1,854,467

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,149,161
Expenses per Audited Statements$1,854,467
Total Expenses per Form 990$1,854,467
Expenses Not Reported on Form 990$294,694
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Cambridge Savings Bank Loan$594,890
Security Deposits$33,925
Rounding$3
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Executive director will review and discuss the tax return with the independent cpa audit firm. The executive director will subsequently update the treasurer and review with appropriate members of the board of directors.”

Form 990, Page 6, Part VI, Line 12C

“Board is required to disclose any conflict of interest immediately.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon requests.”

Filing and Contact Details

Filer

Filer Name
Massrobotics Inc
EIN
47-1919574
Phone
6179605960
Address
12 CHANNEL STREET SUITE 202, BOSTON, MA 02210

Signing Officer

Name
Thomas Ryden
Title
Executive Director
Phone
6179605960
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tye Brady
Formed
2015
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
7
Volunteers
5

Preparer

Firm
Cain Bourret Jarry & Cressman LLC
Address
1175 MAMMOTH ROAD SUITE 2A, DRACUT, MA 01826
Preparer
Steven R Bourret
Phone
9789571421
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The mission of the organization is to help create and scale the next generation of successful robotics and connected device companies by providing entrepreneurs and innovative robotics/automation startups with the workspace and resources they need to develop, prototype, test and commercialize their products and solutions.”

Form 990, Page 2, Part III, Line 4A

“The organization is an independent, non-profit organization serving as the innovation hub for robotics and connected devices. Through our programming and events, we help bring together innovative startups and existing technology organizations to nurture the next generation of talent, and promote economic growth and innovation. By working with diverse local talent, we are helping to bring about the next global evolution of robotics. The organization promotes the development of common-need technology services, such as software and standards support for the robotics community, foster a collaborative ecosystem for academic, private, and public key stakeholders that allows thought-sharing and creative exchange, and inspire the next generation of innovators and builders through in-house hands-on stem collaboration and initiatives.”

Form 990, Part XI, Line 9

“Difference between book and tax depreciation 0”

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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03877707
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0140282
IRS990/OccupancyGrp/ProgramServicesAmt0561127
IRS990/OccupancyGrp/TotalAmt0701409
IRS990/OfficeExpensesGrp/FundraisingAmt03990
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07981
IRS990/OfficeExpensesGrp/ProgramServicesAmt027932
IRS990/OfficeExpensesGrp/TotalAmt039903
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt030700
IRS990/OtherAssetsTotalGrp/EOYAmt075571
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022033
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022033
IRS990/OtherExpensesGrp/Desc0EQUIPMENT AND SMALL TOOLS
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02278
IRS990/OtherExpensesGrp/ProgramServicesAmt026060
IRS990/OtherExpensesGrp/ProgramServicesAmt117181
IRS990/OtherExpensesGrp/ProgramServicesAmt212852
IRS990/OtherExpensesGrp/ProgramServicesAmt39110
IRS990/OtherExpensesGrp/TotalAmt026060
IRS990/OtherExpensesGrp/TotalAmt117181
IRS990/OtherExpensesGrp/TotalAmt212852
IRS990/OtherExpensesGrp/TotalAmt311388
IRS990/OtherLiabilitiesGrp/BOYAmt0481287
IRS990/OtherLiabilitiesGrp/EOYAmt0628818
IRS990/OtherRevenueMiscGrp/Desc0SBA PPP LOAN PROCEEDS
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt081582
IRS990/OtherRevenueMiscGrp/ExclusionAmt11906
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt081582
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11906
IRS990/OtherRevenueTotalAmt083488
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0181226
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021901
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0192212
IRS990/OtherSalariesAndWagesGrp/TotalAmt0395339
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt017674
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09730
IRS990/PayrollTaxesGrp/ProgramServicesAmt023321
IRS990/PayrollTaxesGrp/TotalAmt050725
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0482794
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0271037
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012038
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010832
IRS990/PrincipalOfficerNm0TYE BRADY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541300
IRS990/ProgramServiceRevenueGrp/BusinessCd1541300
IRS990/ProgramServiceRevenueGrp/BusinessCd2541300
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENT RENTAL
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/Desc2SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0481375
IRS990/ProgramServiceRevenueGrp/ExclusionAmt112939
IRS990/ProgramServiceRevenueGrp/ExclusionAmt2594
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0481375
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112939
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2594
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04233505
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0771
IRS990/PYOtherExpensesAmt01050756
IRS990/PYOtherRevenueAmt04006
IRS990/PYProgramServiceRevenueAmt0399697
IRS990/PYRevenuesLessExpensesAmt03073184
IRS990/PYSalariesCompEmpBnftPaidAmt0514039
IRS990/PYTotalExpensesAmt01564795
IRS990/PYTotalRevenueAmt04637979
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0268886
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0494908
IRS990/SavingsAndTempCashInvstGrp/BOYAmt050245
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0275830
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01544371
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04233505
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0108000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0205128
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0235000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06326004
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0586
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0771
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0194
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0210
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01761
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt022521
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt022521
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0578396
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0403703
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt01649739
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0600307
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt03232145
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0586
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0771
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0194
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0210
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01761
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt09580670
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02122767
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt04637208
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01757739
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0805435
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0257521
IRS990ScheduleA/Total509Grp/TotalAmt09580670
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02123353
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt04637979
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01757933
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0805645
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0257521
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09582431
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0294694
IRS990ScheduleD/DonatedServicesUseFcltsAmt0294694
IRS990ScheduleD/EquipmentGrp/BookValueAmt0125219
IRS990ScheduleD/EquipmentGrp/DepreciationAmt041164
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0166383
IRS990ScheduleD/ExpensesNotReportedAmt0294694
IRS990ScheduleD/ExpensesSubtotalAmt01854467
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03738654
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0363153
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04101807
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0128366
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt036988
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0165354
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0594890
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt133925
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAMBRIDGE SAVINGS BANK LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ROUNDING
IRS990ScheduleD/RevenueNotReportedAmt0294694
IRS990ScheduleD/RevenueSubtotalAmt02123353
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03992239
IRS990ScheduleD/TotalExpensesPerForm990Amt01854467
IRS990ScheduleD/TotalLiabilityAmt0628818
IRS990ScheduleD/TotalRevenuePerForm990Amt02123353
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02418047
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02149161
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0175000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1158032
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0THOMAS RYDEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1FADY M SAAD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR, ROBOTICS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0175000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1158032
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,694,861
Liabilities
$796,454
Net assets
$3,898,407
Revenue
$2,123,353
Expenses
$1,854,467
Net income
$268,886
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.5$11.6$3.92$4.01$4.22$0.21
2023Summary only. Only limited summary data is available for this year.$16.1$12.0$4.13$3.95$4.12$0.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.5$12.2$4.30$3.38$3.77$0.39
2021Summary only. Only limited summary data is available for this year.$5.52$0.83$4.69$2.97$2.18$0.80
2020Detailed filing. Detailed filing data is available for this year.$4.69$0.80$3.90$2.12$1.85$0.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.84$1.21$3.63$4.64$1.56$3.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.12$0.56$1.76$1.40$0.36
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.09$0.20$0.81$0.73$0.07
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.01$0.12$0.26$0.14$0.11
2015Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$0.00$0.01