Civic Intelligence

Millbury Future Foundation Inc.

990EZ • Fiscal year 2017 • EIN 47-1921671

Jan 01, 2017 to Dec 31, 2017 • Filed on May 12, 2018

Organization Profilewww.millburyfuturefoundation.org
PO Box 22Millbury, MA 01527

(781) 899-1118

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

7th percentile

-65%

Higher net margin than 7% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

6th percentile

-67%

Faster asset growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

29th percentile

-14%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$236

Down $489 (-67%) from 2016

Net Assets

Down

$236

Down $489 (-67%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin7th percentile

Revenue

Down

$755

Down $125 (-14%) from 2016

Expenses

Up

$1,244

Up $117 (+10%) from 2016

Net Income

Down

-$489

Down $242 (-98%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$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

2017

Assets$236
Liabilities-
Net Assets$236
Open 2017 Filing

Operations Trend

Revenue Growth29th percentile

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$755
Expenses$1,244
Net Income-$489
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 12, 2018
Return Version
2017v2.2
Gross Receipts
$755
Mission and Program Overview

Mission

Provide scholarships for graduating high school students entering college

Program Services

DescriptionGrantsExpenses
RAISE MONIES IN TRUST TO PROVIDE SCHOLARSHIPS FOR DESERVING STUDENTS$1,000$1,244
Compensation and Service Providers
Top Officer Pay76th 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
2018-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Seaport Financial Partners LLC
Address
687 Main St, Waltham, MA 02451
Preparer
Antony T Khalife
Phone
7818991118
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Educational scholarship; charitable; boston university (on behalf of mckenna kennedy): 1 silber way,”

Form 990EZ, Part I, Line 10

“Educational scholarship; charitable; university of new england (on behalf of cody kennedy): 11 hills”

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 139.”

Form 990EZ, Part I, Line 16

“Supplies 11.”

Form 990EZ, Part I, Line 16

“Website 40.”

Raw XML Appendix145 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/PersonNm0ANTONY T KHALIFE
IRS990EZ/BooksInCareOfDetail/PhoneNum07818991118
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Waltham
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002451
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0725
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0236
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0755
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-489
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt01000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0755
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0725
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0236
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0725
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0236
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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/OtherExpensesTotalAmt0244
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide scholarships for graduating high school students entering college
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RAISE MONIES IN TRUST TO PROVIDE SCHOLARSHIPS FOR DESERVING STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01244
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01244
IRS990EZ/TotalProgramServiceExpensesAmt01244
IRS990EZ/TotalRevenueAmt0755
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://www.millburyfuturefoundation.org/
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0755
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0880
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01604
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0914
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04153
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt04153
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0755
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0880
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01604
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0914
IRS990ScheduleA/Total509Grp/TotalAmt04153
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04153
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EDUCATIONAL SCHOLARSHIP; CHARITABLE; BOSTON UNIVERSITY (ON BEHALF OF MCKENNA KENNEDY): 1 SILBER WAY,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EDUCATIONAL SCHOLARSHIP; CHARITABLE; UNIVERSITY OF NEW ENGLAND (ON BEHALF OF CODY KENNEDY): 11 HILLS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MA Form PC Annual Fee 35.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MA Secretary of State Annual Report 19.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4P.O. Box & Postage 139.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Supplies 11.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Website 40.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ANTONY T KHALIFE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07818991118
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Millbury Future Foundation Inc
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
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.247.216.81
ReturnHeader/FilingSecurityInformation/IPDt02018-05-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm012:46:43
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Seaport Financial Partners LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0687 Main St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Waltham
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002451
ReturnHeader/PreparerPersonGrp/PhoneNum07818991118
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANTONY T KHALIFE
ReturnHeader/ReturnTs02018-05-12T12:46:51-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$236
Liabilities
-
Net assets
$236
Revenue
$755
Expenses
$1,244
Net income
-$489
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