Civic Intelligence

Millbury Future Foundation Inc.

990EZ • Fiscal year 2019 • EIN 47-1921671

Jan 01, 2019 to Dec 31, 2019 • Filed on May 06, 2020

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 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

80th percentile

25%

Higher net margin than 80% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

85th percentile

51%

Faster asset growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

56th percentile

5.3%

Faster revenue growth than 56% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$742

Up $251 (+51%) from 2018

Net Assets

Up

$742

Up $251 (+51%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin80th percentile

Revenue

Up

$1,000

Up $50 (+5.3%) from 2018

Expenses

Up

$749

Up $54 (+7.8%) from 2018

Net Income

Down

$251

Down $4 (-1.6%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth85th 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

2019

Assets$742
Liabilities-
Net Assets$742
Open 2019 Filing

Operations Trend

Revenue Growth56th 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

2019

Revenue$1,000
Expenses$749
Net Income$251
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 6, 2020
Return Version
2019v5.1
Gross Receipts
$1,000
Mission and Program Overview

Mission

Provide scholarships for graduating high school students entering college

Program Services

DescriptionGrantsExpenses
Raise monies in trust to provide scholarshipsfor deserving students$500$749
Compensation and Service Providers
Top Officer Pay77th 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
2020-05-06
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; Worcester State University (on behalf of Raeann Bazin): 468 Chandler Street, Worcester, MA, 01602; N/A, 500.”

Form 990EZ, Part I, Line 16

“Bank Charges 5.”

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 148.”

Form 990EZ, Part I, Line 16

“Website 42.”

Raw XML Appendix164 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Needham
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President, Chairman, Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President, Treasurer, Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Clerk, Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0249
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/ProgramServiceExpensesAmt0749
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0749
IRS990EZ/TotalProgramServiceExpensesAmt0749
IRS990EZ/TotalRevenueAmt01000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://www.millburyfuturefoundation.org/
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0950
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0755
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0880
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01604
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05189
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt05189
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0880
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01604
IRS990ScheduleA/Total509Grp/TotalAmt05189
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05189
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Educational Scholarship; Charitable; Worcester State University (on behalf of Raeann Bazin): 468 Chandler Street, Worcester, MA, 01602; N/A, 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank Charges 5.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MA Form PC Annual Fee 35.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MA Secretary of State Annual Report 19.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4P.O. Box & Postage 148.
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum07818991118
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ReturnHeader/Filer/PhoneNum07818991118
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ReturnHeader/FilingSecurityInformation/IPTm019:59:31
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0175 Highland Ave Suite 405
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Needham
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
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ReturnHeader/PreparerPersonGrp/PhoneNum07818991118
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Antony T Khalife
ReturnHeader/ReturnTs02020-05-07T19:59:41-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$742
Liabilities
-
Net assets
$742
Revenue
$1,000
Expenses
$749
Net income
$251
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