Civic Intelligence

Afcea Educational Foundation Lexington-Concord Chapter

990 • Fiscal year 2024 • EIN 52-1431942

Sep 01, 2023 to Aug 31, 2024 • Filed on Jan 15, 2025

Organization ProfileWWW.AFCEABOSTON.COM
46 Gowing RdHudson, NH 03051

(603) 305-2902

Siviq Scores

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

Liabilities / Assets

94th percentile

0.99x

Higher debt load relative to assets than 94% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.19x

Higher debt load relative to revenue than 86% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

53rd percentile

4.9%

Higher net margin than 53% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

95th percentile

183%

Faster asset growth than 95% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

38th percentile

-6.5%

Faster revenue growth than 38% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$30,476

Up $19,706 (+183%) from 2023

Net Assets

Up

$262

Up $7,702 (+104%) from 2023

Liabilities

Up

$30,214

Up $12,004 (+66%) from 2023

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin53rd percentile

Revenue

Down

$156,932

Down $10,911 (-6.5%) from 2023

Expenses

Up

$149,230

Up $1,870 (+1.3%) from 2023

Net Income

Down

$7,702

Down $12,781 (-62%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$100K$50K$0-$50KAssets 2011: $8,901Liabilities 2011: $3,200Net Assets 2011: $5,7012011Assets 2012: $9,011Liabilities 2012: $3,200Net Assets 2012: $5,8112012Assets 2013: $8,561Liabilities 2013: $3,253Net Assets 2013: $5,3082013Assets 2014: $16,306Liabilities 2014: $3,302Net Assets 2014: $13,0042014Assets 2015: $13,768Liabilities 2015: $3,349Net Assets 2015: $10,4192015Assets 2016: $17,163Liabilities 2016: $6,087Net Assets 2016: $11,0762016Assets 2017: $34,439Liabilities 2017: $3,400Net Assets 2017: $31,0392017Assets 2018: $31,160Liabilities 2018: $3,450Net Assets 2018: $27,7102018Assets 2019: $995Liabilities 2019: $3,500Net Assets 2019: -$2,5052019Assets 2020: $26,420Liabilities 2020: $3,549Net Assets 2020: $22,8712020Assets 2021: $16,710Liabilities 2021: $3,600Net Assets 2021: $13,1102021Assets 2022: $34,576Liabilities 2022: $62,499Net Assets 2022: -$27,9232022Assets 2023: $10,770Liabilities 2023: $18,210Net Assets 2023: -$7,4402023Assets 2024: $30,476Liabilities 2024: $30,214Net Assets 2024: $2622024Assets 2025: $10,178Liabilities 2025: $17,629Net Assets 2025: -$7,4512025

Highlighted filing

2024

Assets$30,476
Liabilities$30,214
Net Assets$262
Open 2024 Filing

Operations Trend

Revenue Growth38th percentile

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

$200K$100K$0-$100KRevenue 2011: $96,460Expenses 2011: $91,759Net Income 2011: $4,7012011Expenses 2012: $89,4262012Expenses 2013: $80,2142013Revenue 2014: $88,694Expenses 2014: $80,998Net Income 2014: $7,6962014Revenue 2015: $87,386Expenses 2015: $89,971Net Income 2015: -$2,5852015Revenue 2016: $80,427Expenses 2016: $79,770Net Income 2016: $6572016Revenue 2017: $96,708Expenses 2017: $76,744Net Income 2017: $19,9642017Revenue 2018: $67,977Expenses 2018: $71,306Net Income 2018: -$3,3292018Revenue 2019: $58,665Expenses 2019: $88,880Net Income 2019: -$30,2152019Revenue 2020: $157,373Expenses 2020: $131,997Net Income 2020: $25,3762020Revenue 2021: $105,000Expenses 2021: $114,760Net Income 2021: -$9,7602021Revenue 2022: $88,450Expenses 2022: $129,483Net Income 2022: -$41,0332022Revenue 2023: $167,843Expenses 2023: $147,360Net Income 2023: $20,4832023Revenue 2024: $156,932Expenses 2024: $149,230Net Income 2024: $7,7022024Revenue 2025: $156,003Expenses 2025: $163,716Net Income 2025: -$7,7132025

Highlighted filing

2024

Revenue$156,932
Expenses$149,230
Net Income$7,702
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jan 15, 2025
Return Version
2023v6.0
Gross Receipts
$206,036
Mission and Program Overview

Mission

The organization is dedicated to raising funds in order to provide educational grants and scholarships to individuals wishing to pursue disciplines in the technological or scientific fields of study.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$9,237$20,566▲ $11,329
Prepaid Expenses and Deferred Charges$1,533$9,910▲ $8,377
Rtn Earn Endowment Incm Other Fnds$-7,440$262▲ $7,702
Total Assets$10,770$30,476▲ $19,706
Liabilities
Deferred Revenue$13,410$26,089▲ $12,679
Accounts Payable and Accrued Expenses$4,800$4,125▼ $675
Total Liabilities$18,210$30,214▲ $12,004
Net Assets / Fund Balance
Total Net Assets Fund Balance$-7,440$262▲ $7,702
Total Liabilities and Net Assets / Fund Balance$10,770$30,476▲ $19,706
Compensation and Service Providers
Top Officer Pay79th percentile

Board Members and Trustees

NameTitle
Pat HamiltonChairperson
Erin Donlan SchubmehlPresident
Bob ParadisoBoard Member
Bob SanguinetBoard Member
Cdr Daniel DoughertyttyBoard Member
Christine MarshBoard Member
Col Don HuntBoard Member
Col Riley PylesBoard Member
David WalkerBoard Member
Jamie ThurberBoard Member
Jeremy ThieleBoard Member
Jim MuiseBoard Member
John BeattyBoard Member
Joyce SidopoulosBoard Member
Matt McswainBoard Member
Maureen FlynnBoard Member
Michele CiminoBoard Member
Mike CanavanBoard Member
Randy RobertsonBoard Member
Robert KingBoard Member
Russ GravesBoard Member
Steve FalconeBoard Member
Cindy SpaneyDirector Eme
Claire GouletDirector Eme
Pauline FroebelDirector Eme
Michael E AdamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$151,228
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$5,704
Change in Net Assets
$7,702
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$142,900
Other Expenses$6,330
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$89,900--$89,900
Grants to Domestic Orgs$53,000--$53,000
Fees for Services Accounting-$6,160-$6,160
Other Expenses-$170-$170
Total Functional Expenses$142,900$6,330$0$149,230
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Veterans IncWorcester, MA--$25,000
Mcc FoundationLowell, MA--$23,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$54,808
Fundraising Direct Expenses$49,104
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$46,122$46,122$46,176$-54
5k Run$8,686$8,686$2,928$5,758
Total Events$54,808$54,808$49,104$5,704
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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 8B

“No committee has the authority to act on behalf of the governing board.”

Form 990, Page 6, Part VI, Line 10B

“The organization's by-laws and governing documents provide the ethics and rules of conduct that must be followed when any transactions are conducted with it's local chapter to ensure that it meets its tax-exempt purposes.”

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

“The outside independent cpa firm has prepared the form 990 and reviewed it with the organization's treasurer. The treasurer has then met with the executive committee in order to review the final return before submission.”

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

“Throughout the year, the treasurer will randomly question board members.”

Form 990, Page 6, Part VI, Line 19

“The individual or entity can make a request for documents by contacting the organization via email or telephone and by accessing the website contact information.”

Filing and Contact Details

Filer

Filer Name
Afcea Educational Foundation
EIN
52-1431942
Phone
6033052902
Address
46 GOWING RD, HUDSON, NH 03051
Doing Business As
Co Michael E Adams

Signing Officer

Name
Michael E Adams
Title
Treasurer
Signed
2025-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael E Adams
Formed
1979
Legal Domicile
Ma
Voting Board Members
23
Independent Board Members
23
Employees
0

Preparer

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

Financial Statement Notes

Schedule D, Page 3, Part X

“The foundation accounts for income taxes in accordance with income tax accounting guidance in fasb asc topic 740, income taxes. On july 1, 2009, the foundation adopted this accounting guidance for recognizing and measuring uncertain tax positions. The foundation follows the statutory requirements for their income tax accounting and generally avoid risks associated with potentially problematic tax positions that may be challenged upon examination. Management believes any liability resulting from taxing authorities imposing additional income taxes from activities deemed to be unrelated to the foundation's tax-exempt status would not have a material effect on the accompanying financial statements. The foundation's federal and state of massachusetts income tax returns are subject to possible examination by the taxing authorities until the expiration of the related statute of limitations on those tax returns. In general, the federal and state income tax returns have a three-year statute of limitations.”

Raw XML AppendixShowing 400 of 494 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
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt04800
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04125
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION IS DEDICATED TO RAISING FUNDS IN ORDER TO PROVIDE EDUCATIONAL GRANTS AND SCHOLARSHIPS TO INDIVIDUALS WISHING TO PURSUE DISCIPLINES IN THE TECHNOLOGICAL OR SCIENTIFIC FIELDS OF STUDY.
IRS990/AddressChangeInd0X
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL E ADAMS
IRS990/BooksInCareOfDetail/PhoneNum06033052902
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt046 GOWING RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0HUDSON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd003051
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt09237
IRS990/CashNonInterestBearingGrp/EOYAmt020566
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0151228
IRS990/CYGrantsAndSimilarPaidAmt0142900
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt06330
IRS990/CYOtherRevenueAmt05704
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt07702
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0149230
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0156932
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt013410
IRS990/DeferredRevenueGrp/EOYAmt026089
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0ISSUED FELLOWSHIP AWARDS TO STUDENTS PURSUING SCIENTIFIC STUDIES AT INDIVIDUAL AMOUNTS RANGING BETWEEN 1,500 AND 3,000, AS WELL AS A SCHOLARSHIP DONATION OF 23,000 TO MCC FOUNDATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0CO MICHAEL E ADAMS
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0112900
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06160
IRS990/FeesForServicesAccountingGrp/TotalAmt06160
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt170.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt180.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt190.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt200.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt220.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt230.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt250.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd25X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL E ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN BEATTY
IRS990/Form990PartVIISectionAGrp/PersonNm2MIKE CANAVAN
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHELE CIMINO
IRS990/Form990PartVIISectionAGrp/PersonNm4CDR DANIEL DOUGHERTYTTY
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVE FALCONE
IRS990/Form990PartVIISectionAGrp/PersonNm6MAUREEN FLYNN
IRS990/Form990PartVIISectionAGrp/PersonNm7PAULINE FROEBEL
IRS990/Form990PartVIISectionAGrp/PersonNm8CLAIRE GOULET
IRS990/Form990PartVIISectionAGrp/PersonNm9RUSS GRAVES
IRS990/Form990PartVIISectionAGrp/PersonNm10PAT HAMILTON
IRS990/Form990PartVIISectionAGrp/PersonNm11COL DON HUNT
IRS990/Form990PartVIISectionAGrp/PersonNm12ROBERT KING
IRS990/Form990PartVIISectionAGrp/PersonNm13CHRISTINE MARSH
IRS990/Form990PartVIISectionAGrp/PersonNm14MATT MCSWAIN
IRS990/Form990PartVIISectionAGrp/PersonNm15JIM MUISE
IRS990/Form990PartVIISectionAGrp/PersonNm16BOB PARADISO
IRS990/Form990PartVIISectionAGrp/PersonNm17COL RILEY PYLES
IRS990/Form990PartVIISectionAGrp/PersonNm18RANDY ROBERTSON
IRS990/Form990PartVIISectionAGrp/PersonNm19BOB SANGUINET
IRS990/Form990PartVIISectionAGrp/PersonNm20ERIN DONLAN SCHUBMEHL
IRS990/Form990PartVIISectionAGrp/PersonNm21JOYCE SIDOPOULOS
IRS990/Form990PartVIISectionAGrp/PersonNm22CINDY SPANEY
IRS990/Form990PartVIISectionAGrp/PersonNm23JEREMY THIELE
IRS990/Form990PartVIISectionAGrp/PersonNm24JAMIE THURBER
IRS990/Form990PartVIISectionAGrp/PersonNm25DAVID WALKER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR EME
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR EME
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR EME
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt049104
IRS990/FundraisingGrossIncomeAmt054808
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GrantAmt0112900
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt089900
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt089900
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt053000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt053000
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0206036
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt023
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION IS DEDICATED TO RAISING FUNDS IN ORDER TO PROVIDE EDUCATIONAL GRANTS AND SCHOLARSHIPS TO INDIVIDUALS WISHING TO PURSUE DISCIPLINES IN THE TECHNOLOGICAL OR SCIENTIFIC FIELDS OF STUDY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-7440
IRS990/NetAssetsOrFundBalancesEOYAmt0262
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt05704
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0170
IRS990/OtherExpensesGrp/TotalAmt0170
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01533
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09910
IRS990/PrincipalOfficerNm0MICHAEL E ADAMS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0CONTRIBUTED TO VETERAN'S INC. (25K) AND PROJECT WARMHEART (5K) TO SUPPORT EDUCATION FOR ENLISTED PERSONNEL.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt030000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt030000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0165198
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0140500
IRS990/PYOtherExpensesAmt06860
IRS990/PYOtherRevenueAmt02645
IRS990/PYRevenuesLessExpensesAmt020483
IRS990/PYTotalExpensesAmt0147360
IRS990/PYTotalRevenueAmt0167843
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt07702
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0151228
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-7440
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0262
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0151228
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0165198
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt074730
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt084264
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0157138
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0632558
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt054808
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt048297
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt048515
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt037492
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt018776
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0207888
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0840446
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0206036
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0213495
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0123245
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0121756
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0175914
IRS990ScheduleA/Total509Grp/TotalAmt0840446
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0206036
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0213495
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0123245
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0121756
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0175914
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0840446
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/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH INCOME TAX ACCOUNTING GUIDANCE IN FASB ASC TOPIC 740, INCOME TAXES. ON JULY 1, 2009, THE FOUNDATION ADOPTED THIS ACCOUNTING GUIDANCE FOR RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS. THE FOUNDATION FOLLOWS THE STATUTORY REQUIREMENTS FOR THEIR INCOME TAX ACCOUNTING AND GENERALLY AVOID RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE FOUNDATION'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION'S FEDERAL AND STATE OF MASSACHUSETTS INCOME TAX RETURNS ARE SUBJECT TO POSSIBLE EXAMINATION BY THE TAXING AUTHORITIES UNTIL THE EXPIRATION OF THE RELATED STATUTE OF LIMITATIONS ON THOSE TAX RETURNS. IN GENERAL, THE FEDERAL AND STATE INCOME TAX RETURNS HAVE A THREE-YEAR STATUTE OF LIMITATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt049104
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm05K RUN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt046122
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08686
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt054808
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt046122
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt08686
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt054808
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt05704
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt049104
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt046176
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02928
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt089900
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP AWARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt047
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/CashGrantAmt123000
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VETERANS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MCC FOUNDATION

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,476
Liabilities
$30,214
Net assets
$262
Revenue
$156,932
Expenses
$149,230
Net income
$7,702
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.10$0.18$0.07$1.56$1.64$0.08
2024Detailed filing. Detailed filing data is available for this year.$0.30$0.30$0.00$1.57$1.49$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.18$0.07$1.68$1.47$0.20
2022Detailed filing. Detailed filing data is available for this year.$0.35$0.62$0.28$0.88$1.29$0.41
2021Detailed filing. Detailed filing data is available for this year.$0.17$0.04$0.13$1.05$1.15$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.04$0.23$1.57$1.32$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.04$0.03$0.59$0.89$0.30
2018Detailed filing. Detailed filing data is available for this year.$0.31$0.03$0.28$0.68$0.71$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.03$0.31$0.97$0.77$0.20
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.06$0.11$0.80$0.80$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.14$0.03$0.10$0.87$0.90$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.03$0.13$0.89$0.81$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.03$0.05$0.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.03$0.06$0.89
2011Summary only. Only limited summary data is available for this year.$0.09$0.03$0.06$0.96$0.92$0.05