Civic Intelligence

Medford Educational Foundation Inc

990EZ • Fiscal year 2023 • EIN 47-2355953

Jul 01, 2022 to Jun 30, 2023 • Filed on Feb 05, 2024

Organization Profile
146 Pine Ridge RoadMedford, MA 02155

(781) 395-8624

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

63rd percentile

11%

Higher net margin than 63% 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

63rd percentile

9.1%

Faster asset growth than 63% of similar nonprofits.

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

Revenue Growth

94th percentile

170%

Faster revenue growth than 94% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$21,157

Up $1,762 (+9.1%) from 2022

Net Assets

Up

$21,157

Up $1,762 (+9.1%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin63rd percentile

Revenue

Up

$15,912

Up $10,014 (+170%) from 2022

Expenses

Up

$14,150

Up $12,209 (+629%) from 2022

Net Income

Down

$1,762

Down $2,195 (-55%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

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

$30K$20K$10K$0Assets 2016: $17,398Liabilities 2016: $02016Assets 2017: $10,927Liabilities 2017: $02017Assets 2018: $12,443Liabilities 2018: $02018Assets 2019: $11,552Liabilities 2019: $02019Assets 2020: $12,733Liabilities 2020: $02020Assets 2021: $15,438Liabilities 2021: $02021Assets 2022: $19,395Liabilities 2022: $0Net Assets 2022: $19,3952022Assets 2023: $21,157Liabilities 2023: $0Net Assets 2023: $21,1572023Assets 2024: $8,925Liabilities 2024: $0Net Assets 2024: $8,9252024Assets 2025: $9,521Liabilities 2025: $0Net Assets 2025: $9,5212025

Highlighted filing

2023

Assets$21,157
Liabilities$0
Net Assets$21,157
Open 2023 Filing

Operations Trend

Revenue Growth94th percentile

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

$30K$20K$10K$0-$10K-$20KRevenue 2016: $22,222Expenses 2016: $4,824Net Income 2016: $17,3982016Revenue 2017: $2,430Expenses 2017: $8,892Net Income 2017: -$6,4622017Revenue 2018: $3,668Expenses 2018: $2,151Net Income 2018: $1,5172018Revenue 2019: $2,545Expenses 2019: $3,436Net Income 2019: -$8912019Revenue 2020: $1,995Expenses 2020: $814Net Income 2020: $1,1812020Revenue 2021: $5,243Expenses 2021: $2,538Net Income 2021: $2,7052021Revenue 2022: $5,898Expenses 2022: $1,941Net Income 2022: $3,9572022Revenue 2023: $15,912Expenses 2023: $14,150Net Income 2023: $1,7622023Revenue 2024: $5,004Expenses 2024: $17,236Net Income 2024: -$12,2322024Revenue 2025: $9,621Expenses 2025: $9,025Net Income 2025: $5962025

Highlighted filing

2023

Revenue$15,912
Expenses$14,150
Net Income$1,762
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Feb 5, 2024
Return Version
2022v5.0
Gross Receipts
$15,912
Mission and Program Overview

Mission

Support the medford public schools by providing grants.

Program Services

DescriptionGrantsExpenses
SUPPORT MEDFORD PUBLIC SCHOOLS WITH GRANTS$13,902$13,902
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAULETTE VAN DER KLOOTPresident & Director-$0--
GAIL AIRASIANClerk & Director-$0--
STEPHEN HAYESTreasurer & Director-$0--
DAVID SAYERSGrants Committee Chair & Director-$0--
CHRIS D'AVETADirector-$0--
DIANE CALDWELLDirector-$0--
Filing and Contact Details

Filer

Filer Name
Medford Educational Foundation
EIN
47-2355953
Phone
7813958624
Address
146 PINE RIDGE ROAD, MEDFORD, MA 02155

Signing Officer

Name
Stephen Hayes
Title
Treasurer
Phone
7813958624
Signed
2024-02-05
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

“Grants awarded to support medford public schools.”

Form 990-EZ, Part I, Line 16

“Filing fees of $85 and website fees of $163 for total other fees of $248.”

Raw XML Appendix185 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/CityNm0MEDFORD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002155
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PAULETTE VAN DER KLOOT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GAIL AIRASIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STEPHEN HAYES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAVID SAYERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CHRIS D'AVETA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DIANE CALDWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CLERK & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3GRANTS COMMITTEE CHAIR & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0248
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0SUPPORT THE MEDFORD PUBLIC SCHOOLS BY PROVIDING GRANTS.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUPPORT MEDFORD PUBLIC SCHOOLS WITH GRANTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt013902
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt013902
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt014150
IRS990EZ/TotalProgramServiceExpensesAmt013902
IRS990EZ/TotalRevenueAmt015912
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt015907
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt05894
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05239
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01967
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02513
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt031520
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04
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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt073
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt073
IRS990ScheduleA/InvestmentIncomeCYPct00.00231
IRS990ScheduleA/InvestmentIncomePYPct00.00506
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99769
IRS990ScheduleA/PublicSupportPY509Pct00.99494
IRS990ScheduleA/PublicSupportTotal509Amt031520
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt015907
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02513
IRS990ScheduleA/Total509Grp/TotalAmt031520
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05243
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01995
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02545
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt031593
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GRANTS AWARDED TO SUPPORT MEDFORD PUBLIC SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FILING FEES OF $85 AND WEBSITE FEES OF $163 FOR TOTAL OTHER FEES OF $248.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0Requesting relief from any tax penalties. Our charity is located in Middlesex County, Massachusetts and was one of the area affected by Hurricane Lee and the Massachusetts Department of Revenue provided penalty forgiveness and hoping that the IRS would consider this as well.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Stephen Hayes
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07813958624
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-02-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEDFORD EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MEDF
ReturnHeader/Filer/EIN0472355953
ReturnHeader/Filer/PhoneNum07813958624
ReturnHeader/Filer/USAddress/AddressLine1Txt0146 PINE RIDGE ROAD
ReturnHeader/Filer/USAddress/CityNm0MEDFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002155
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-02-07T12:53:26-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Stephen
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Hayes
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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
$21,157
Liabilities
$0
Net assets
$21,157
Revenue
$15,912
Expenses
$14,150
Net income
$1,762
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.52$0.00$9.52$9.62$9.03$0.60
2024Detailed filing. Detailed filing data is available for this year.$8.93$0.00$8.93$5.00$17.2$12.2
2023Detailed filing. Detailed filing data is available for this year.$21.2$0.00$21.2$15.9$14.2$1.76
2022Detailed filing. Detailed filing data is available for this year.$19.4$0.00$19.4$5.90$1.94$3.96
2021Summary only. Only limited summary data is available for this year.$15.4$0.00$5.24$2.54$2.71
2020Summary only. Only limited summary data is available for this year.$12.7$0.00$2.00$0.81$1.18
2019Summary only. Only limited summary data is available for this year.$11.6$0.00$2.55$3.44$0.89
2018Summary only. Only limited summary data is available for this year.$12.4$0.00$3.67$2.15$1.52
2017Summary only. Only limited summary data is available for this year.$10.9$0.00$2.43$8.89$6.46
2016Summary only. Only limited summary data is available for this year.$17.4$0.00$22.2$4.82$17.4