Civic Intelligence

Millbury Future Foundation Inc

EIN 47-1921671 • 501(c)3 • Millbury, MA

Profile

Provide scholarships for graduating high school students entering college

PO Box 22Millbury, MA 01527

www.millburyfuturefoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

85th percentile

36%

Higher net margin than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

88th percentile

58%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

25%

Faster revenue growth than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$1,202

Up $439 (+58%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$1,202

Up $439 (+58%) from 2020

Operations
Liabilities / RevenueScore unavailableNet Margin85th percentile

Revenue

Up

$1,219

Up $244 (+25%) from 2020

Expenses

Down

$780

Down $174 (-18%) from 2020

Net Income

Up

$439

Up $418 (+1990%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth88th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5K$1.0K$500$0Assets 2014: $25Liabilities 2014: $02014Assets 2015: $972Net Assets 2015: $9722015Assets 2016: $725Net Assets 2016: $7252016Assets 2017: $236Net Assets 2017: $2362017Assets 2018: $491Net Assets 2018: $4912018Assets 2019: $742Net Assets 2019: $7422019Assets 2020: $763Net Assets 2020: $7632020Assets 2021: $1,202Net Assets 2021: $1,2022021

Highlighted filing

2021

Assets$1,202
Liabilities-
Net Assets$1,202
Open 2021 Filing

Operations Trend

Revenue Growth75th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0K$1.0K$0-$1.0KRevenue 2014: $914Expenses 2014: $889Net Income 2014: $252014Revenue 2015: $1,604Expenses 2015: $657Net Income 2015: $9472015Revenue 2016: $880Expenses 2016: $1,127Net Income 2016: -$2472016Revenue 2017: $755Expenses 2017: $1,244Net Income 2017: -$4892017Revenue 2018: $950Expenses 2018: $695Net Income 2018: $2552018Revenue 2019: $1,000Expenses 2019: $749Net Income 2019: $2512019Revenue 2020: $975Expenses 2020: $954Net Income 2020: $212020Revenue 2021: $1,219Expenses 2021: $780Net Income 2021: $4392021

Highlighted filing

2021

Revenue$1,219
Expenses$780
Net Income$439
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,202
Liabilities
-
Net assets
$1,202
Revenue
$1,219
Expenses
$780
Net income
$439
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$1,202$1,202$1,219$780$439
2020Detailed filing. Detailed filing data is available for this year.$763$763$975$954$21
2019Detailed filing. Detailed filing data is available for this year.$742$742$1,000$749$251
2018Detailed filing. Detailed filing data is available for this year.$491$491$950$695$255
2017Detailed filing. Detailed filing data is available for this year.$236$236$755$1,244$489
2016Detailed filing. Detailed filing data is available for this year.$725$725$880$1,127$247
2015Detailed filing. Detailed filing data is available for this year.$972$972$1,604$657$947
2014Summary only. Only limited summary data is available for this year.$25$0$914$889$25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 17, 2022
Return Version
2021v4.1
Gross Receipts
$1,219
Mission and Program Overview

Mission

Provide scholarships for graduating high school students entering college

Program Services

DescriptionGrantsExpenses
Raise monies in to provide college scholarshipsfor deserving students$500$780
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian A SoraPresident, Chairman, Director-$0--
Antony T KhalifeVice President, Treasurer, Director-$0--
Jake SmithClerk, Director-$0--
Filing and Contact Details

Filer

Filer Name
Millbury Future Foundation Inc
EIN
47-1921671
Phone
7818991118
Address
PO Box 22, Millbury, MA 01527

Signing Officer

Name
Antony T Khalife
Title
Treasurer
Phone
7818991118
Signed
2022-08-17
Discuss with paid preparer
Yes

Preparer

Firm
Seaport Financial Partners LLC
Address
175 Highland Ave Suite 405, Needham, MA 02494
Preparer
Antony T Khalife
Phone
7818991118
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Educational Scholarship; Charitable; Quinsigamond Community College: 670 W Boylston Street, Worcester, MA, 01606; N/A, 500.”

Form 990EZ, Part I, Line 16

“MA Form PC Annual Fee 35.”

Form 990EZ, Part I, Line 16

“MA Secretary of State Annual Report 19.”

Form 990EZ, Part I, Line 16

“P.O. Box & Postage 184.”

Form 990EZ, Part I, Line 16

“Website & Domain 42.”

Raw XML Appendix158 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/USAddress/CityNm0Needham
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002494
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Brian A Sora
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Antony T Khalife
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jake Smith
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President, Chairman, Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President, Treasurer, Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Clerk, Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0280
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide scholarships for graduating high school students entering college
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0780
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0780
IRS990EZ/TotalProgramServiceExpensesAmt0780
IRS990EZ/TotalRevenueAmt01219
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://www.millburyfuturefoundation.org/
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01219
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0975
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0755
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03999
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt03999
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01219
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0975
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0100
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0755
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03999
IRS990ScheduleA/TotalSupportAmt03999
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Educational Scholarship; Charitable; Quinsigamond Community College: 670 W Boylston Street, Worcester, MA, 01606; N/A, 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MA Form PC Annual Fee 35.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MA Secretary of State Annual Report 19.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3P.O. Box & Postage 184.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Website & Domain 42.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Antony T Khalife
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07818991118
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-17
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ReturnHeader/Filer/BusinessNameControlTxt0MILL
ReturnHeader/Filer/EIN0471921671
ReturnHeader/Filer/PhoneNum07818991118
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 22
ReturnHeader/Filer/USAddress/CityNm0Millbury
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001527
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471404289
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0175 Highland Ave Suite 405
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
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ReturnHeader/PreparerPersonGrp/PhoneNum07818991118
ReturnHeader/PreparerPersonGrp/PreparationDt02022-08-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Antony T Khalife
ReturnHeader/ReturnTs02022-08-17T19:20:40-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Antony
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Khalife
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

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