Civic Intelligence

Foundation for the New England

EIN 82-2337450 • 501(c)3 • Providence, RI

Profile

The new england medical innovation center is a not-for-profit med tech hub founded by a partnership between lifespan health system, ximedica, and the rhode island school of design. We are focused on bringing together innovators, entrepreneurs, organizations, clinicians, smes, funders, and knowledge bases to advance medical technologies to market and overall bring value to the patients they serve while inspiring innovators to imagine the future of our healthcare system.

150 Chestnut StreetProvidence, RI 02903

www.nemicenter.com

Siviq Scores

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

Liabilities / Assets

66th percentile

0.08x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

53rd percentile

0.02x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

75th percentile

22%

Higher net margin than 75% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

71st percentile

$58,920

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

67th percentile

11%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

38th percentile

-0.4%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$177,931

Up $18,139 (+11%) from 2024

Liabilities

Down

$14,635

Down $139,441 (-91%) from 2024

Net Assets

Up

$163,296

Up $157,580 (+2757%) from 2024

Revenue

Down

$724,270

Down $2,755 (-0.4%) from 2024

Expenses

Down

$566,690

Down $154,690 (-21%) from 2024

Net Income

Up

$157,580

Up $151,935 (+2691%) from 2024

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2018: $224,335Liabilities 2018: $116,035Net Assets 2018: $108,3002018Assets 2019: $102,939Liabilities 2019: $23,499Net Assets 2019: $79,4402019Assets 2020: $57,538Liabilities 2020: $9,380Net Assets 2020: $48,1582020Assets 2021: $228,820Liabilities 2021: $2,895Net Assets 2021: $225,9252021Assets 2022: $56,524Liabilities 2022: $34,688Net Assets 2022: $21,8362022Assets 2023: $50,176Liabilities 2023: $50,105Net Assets 2023: $712023Assets 2024: $159,792Liabilities 2024: $154,076Net Assets 2024: $5,7162024Assets 2025: $177,931Liabilities 2025: $14,635Net Assets 2025: $163,2962025

Highlighted filing

2025

Assets$177,931
Liabilities$14,635
Net Assets$163,296

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2018: $236,030Expenses 2018: $124,126Net Income 2018: $111,9042018Revenue 2019: $296,950Expenses 2019: $325,810Net Income 2019: -$28,8602019Revenue 2020: $321,713Expenses 2020: $352,995Net Income 2020: -$31,2822020Revenue 2021: $611,054Expenses 2021: $433,287Net Income 2021: $177,7672021Revenue 2022: $342,553Expenses 2022: $548,351Net Income 2022: -$205,7982022Revenue 2023: $683,922Expenses 2023: $688,692Net Income 2023: -$4,7702023Revenue 2024: $727,025Expenses 2024: $721,380Net Income 2024: $5,6452024Revenue 2025: $724,270Expenses 2025: $566,690Net Income 2025: $157,5802025

Highlighted filing

2025

Revenue$724,270
Expenses$566,690
Net Income$157,580

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 14, 2026
Return Version
2024v5.5
Gross Receipts
$724,270
Mission and Program Overview

Mission

The new england medical innovation center is a not-for-profit med tech hub founded by a partnership between lifespan health system, ximedica, and the rhode island school of design. We are focused on bringing together innovators, entrepreneurs, organizations, clinicians, smes, funders, and knowledge bases to advance medical technologies to market and overall bring value to the patients they serve while inspiring innovators to imagine the future of our healthcare system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$12,582$109,726▲ $97,144
Pledges and Grants Receivable$136,410$36,038▼ $100,372
Prepaid Expenses and Deferred Charges$3,300$20,640▲ $17,340
Accounts Receivable$7,500$11,527▲ $4,027
Total Assets$159,792$177,931▲ $18,139
Liabilities
Unsecured Notes Loans Payable$100,000$0▼ $100,000
Accounts Payable and Accrued Expenses$20,076$7,560▼ $12,516
Other Liabilities$34,000$7,075▼ $26,925
Total Liabilities$154,076$14,635▼ $139,441
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,716$163,296▲ $157,580
Total Net Assets Fund Balance$5,716$163,296▲ $157,580
Total Liabilities and Net Assets / Fund Balance$159,792$177,931▲ $18,139
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Aidan PetriePresidentFT-$58,920$58,920
Lydia SchroterTreasurerFT-$56,298$56,298
Tara Maey PetrieExecutive DirectorFT$45,861$3,385$49,246

Board Members and Trustees

NameTitle
Ann ChumultsDirector
Bharat RamratnamDirector
Hope HopkinsDirector
Mike PereiraDirector
Townsend GoddarpDirector (as of 12/24)
Revenue and Support

Revenue Composition

Contributions and Grants
$624,010
Program Service Revenue
$83,768
Investment Income
$0
Other Revenue
$16,492
All Other Contributions
$235,064
Change in Net Assets
$157,580
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$300,893
Salaries, Compensation, and Employee Benefits$265,797
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$103,700$18,300-$122,000
Fees for Services Other$99,762$1,800-$101,562
Current Officers, Directors, Trustees, and Key Employees$83,195$14,681-$97,876
Occupancy$42,000--$42,000
Other Expenses$40,613--$40,613
Other Employee Benefits$23,610$4,167-$27,777
Payroll Taxes$15,422$2,722-$18,144
Advertising-$3,770-$3,770
Travel$3,387--$3,387
Total Functional Expenses$521,250$45,440$0$566,690
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Aidan PetrieAidan Is the President of the OrganizationJointly Own Dilanny LLC Where the Foundation Rents Office SpaceNo$21,000
Lydia SchroterLydia Is the Treasurer of the OrganizationJointly Own Dilanny LLC Where the Foundation Rents Office SpaceNo$21,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Aies$7,075
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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, Part VI, Section A, Line 2

The president is the father of the executive director.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by the external auditors and reviewed by management. Revisions, corrections, etc. Are made as necessary. Once all are satisfied with the form, it is finalized and a copy is sent to all board members. No review was or will be conducted by the board.

Form 990, Part VI, Section B, Line 12C

Each year the organization's conflict of interest policy is provided to all officers, directors and key employees. These people are asked to review the policy and sign a statement indicating that they understand the policy and have reported all potential conflicts during the past year in accordance with the policy and will report all potential conflicts during the coming year. All potential conflicts are evaluated by the board to determine if a conflict actually exists. In those instances where the potential transaction is a conflict, the board examines the transaction and a vote is taken (with those involved recusing themselves) as to whether the organization will enter into the transaction.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents (articles of incorporation and by-laws), its conflict of interest policy and financial statements available upon request. The organization will mail copies upon request or provide copies to those who come to the administrative office during normal business hours. The organization charges for the copies in accordance with irs regulations.

Filing and Contact Details

Filer

Filer Name
Foundation for the New England
EIN
82-2337450
Phone
4014500733
Address
150 CHESTNUT STREET, PROVIDENCE, RI 02903

Signing Officer

Name
Lydia Schroter
Title
Treasurer
Phone
7745739977
Signed
2026-01-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lydia Schroter
Formed
2017
Legal Domicile
Ri
Voting Board Members
7
Independent Board Members
5
Employees
4
Volunteers
50

Preparer

Firm
Kahn Litwin Renza & Co Ltd
Address
951 NORTH MAIN STREET, PROVIDENCE, RI 02904
Preparer
Patrick J Martin
Phone
4012742001
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consultant: program service expenses 99,762. Management and general expenses 0. Fundraising expenses 0. Total expenses 99,762. Payroll fees: program service expenses 0. Management and general expenses 1,800. Fundraising expenses 0. Total expenses 1,800.

Raw XML AppendixShowing 400 of 442 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt020076
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07560
IRS990/AccountsReceivableGrp/BOYAmt07500
IRS990/AccountsReceivableGrp/EOYAmt011527
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE NEW ENGLAND MEDICAL INNOVATION CENTER IS A NOT-FOR-PROFIT MED TECH HUB FOUNDED BY A PARTNERSHIP BETWEEN LIFESPAN HEALTH SYSTEM, XIMEDICA, AND THE RHODE ISLAND SCHOOL OF DESIGN. WE ARE FOCUSED ON BRINGING TOGETHER INNOVATORS, ENTREPRENEURS, ORGANIZATIONS, CLINICIANS, SMES, FUNDERS, AND KNOWLEDGE BASES TO ADVANCE MEDICAL TECHNOLOGIES TO MARKET AND OVERALL BRING VALUE TO THE PATIENTS THEY SERVE WHILE INSPIRING INNOVATORS TO IMAGINE THE FUTURE OF OUR HEALTHCARE SYSTEM.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03770
IRS990/AdvertisingGrp/TotalAmt03770
IRS990/AllOtherContributionsAmt0235064
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LYDIA SCHROTER
IRS990/BooksInCareOfDetail/PhoneNum04014500733
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0150 CHESTNUT STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0PROVIDENCE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002903
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt012582
IRS990/CashNonInterestBearingGrp/EOYAmt0109726
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt014681
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt083195
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt097876
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0624010
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0300893
IRS990/CYOtherRevenueAmt016492
IRS990/CYProgramServiceRevenueAmt083768
IRS990/CYRevenuesLessExpensesAmt0157580
IRS990/CYSalariesCompEmpBnftPaidAmt0265797
IRS990/CYTotalExpensesAmt0566690
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0724270
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0ENTREPRENEURSHIP EDUCATION- WE PROVIDE MED TECH ENTREPRENEURSHIP EDUCATION AND MENTORING TO RI BASED START UP COMPANIES AND PEOPLE WHO ARE INTERESTED IN STARTING START UP.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0230354
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01800
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt099762
IRS990/FeesForServicesOtherGrp/TotalAmt0101562
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt018840
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt15916
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt73385
IRS990/Form990PartVIISectionAGrp/PersonNm0AIDAN PETRIE
IRS990/Form990PartVIISectionAGrp/PersonNm1LYDIA SCHROTER
IRS990/Form990PartVIISectionAGrp/PersonNm2ANN CHUMULTS
IRS990/Form990PartVIISectionAGrp/PersonNm3MIKE PEREIRA
IRS990/Form990PartVIISectionAGrp/PersonNm4HOPE HOPKINS
IRS990/Form990PartVIISectionAGrp/PersonNm5BHARAT RAMRATNAM
IRS990/Form990PartVIISectionAGrp/PersonNm6TOWNSEND GODDARP
IRS990/Form990PartVIISectionAGrp/PersonNm7TARA MAEY PETRIE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt745861
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt040080
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150382
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (AS OF 12/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0388946
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0724270
IRS990/GrossRentsGrp/RealAmt016492
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt044
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0RI
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE NEW ENGLAND MEDICAL INNOVATION CENTER IS A NOT-FOR-PROFIT MED TECH HUB FOUNDED BY A PARTNERSHIP BETWEEN LIFESPAN HEALTH SYSTEM, XIMEDICA, AND THE RHODE ISLAND SCHOOL OF DESIGN. WE ARE FOCUSED ON BRINGING TOGETHER INNOVATORS, ENTREPRENEURS, ORGANIZATIONS, CLINICIANS, SMES, FUNDERS, AND KNOWLEDGE BASES TO ADVANCE MEDICAL TECHNOLOGIES TO MARKET AND OVERALL BRING VALUE TO THE PATIENTS THEY SERVE WHILE INSPIRING INNOVATORS TO IMAGINE THE FUTURE OF OUR HEALTHCARE SYSTEM.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05716
IRS990/NetAssetsOrFundBalancesEOYAmt0163296
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt016492
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt016492
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05716
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0163296
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt042000
IRS990/OccupancyGrp/TotalAmt042000
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04167
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt023610
IRS990/OtherEmployeeBenefitsGrp/TotalAmt027777
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc1ADMIN EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0109561
IRS990/OtherExpensesGrp/ProgramServicesAmt140613
IRS990/OtherExpensesGrp/TotalAmt0109561
IRS990/OtherExpensesGrp/TotalAmt140613
IRS990/OtherLiabilitiesGrp/BOYAmt034000
IRS990/OtherLiabilitiesGrp/EOYAmt07075
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018300
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0103700
IRS990/OtherSalariesAndWagesGrp/TotalAmt0122000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02722
IRS990/PayrollTaxesGrp/ProgramServicesAmt015422
IRS990/PayrollTaxesGrp/TotalAmt018144
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0136410
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt036038
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03300
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020640
IRS990/PrincipalOfficerNm0LYDIA SCHROTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/BusinessCd1561499
IRS990/ProgramServiceRevenueGrp/Desc0GLOBAL BOOT CAMP
IRS990/ProgramServiceRevenueGrp/Desc1ENTREPRENEURSHIP EDUCA
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt060323
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt123445
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt060323
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt123445
IRS990/ProgSrvcAccomActy2Grp/Desc0GLOBAL BOOT CAMP- WE PROVIDE A GLOBAL BOOTCAMP PROGRAM TO KOREAN HEALTHCARE START UP COMPANIES EITHER FOR ONE WEEK TO 3 MONTH PERIOD.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt063495
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt060323
IRS990/ProgSrvcAccomActy3Grp/Desc0MENTORING- WE ALSO PROVIDE CURATED MENTORING SERVICES TO MEDTECH START UP COMPANIES BASED BOTH IN RI AND FROM KOREA.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0227401
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0591795
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0721380
IRS990/PYOtherRevenueAmt08550
IRS990/PYProgramServiceRevenueAmt0126680
IRS990/PYRevenuesLessExpensesAmt05645
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0721380
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0727025
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0157580
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt016492
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt023445
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0624010
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0591795
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0373441
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0256589
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0493871
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02339706
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt083768
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0126680
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0302593
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt078614
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0113456
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0705111
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt016491
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt08550
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt07528
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt07350
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt03727
IRS990ScheduleA/OtherIncome509Grp/TotalAmt043646
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98590
IRS990ScheduleA/PublicSupportPY509Pct00.98510
IRS990ScheduleA/PublicSupportTotal509Amt03044817
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0707778
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0718475
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0676034
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0335203
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0607327
IRS990ScheduleA/Total509Grp/TotalAmt03044817
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0724269
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0727025
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0683562
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0342553
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0611054
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03088463
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/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07075
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt07075
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0LYDIA SCHROTER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1AIDAN PETRIE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0LYDIA IS THE TREASURER OF THE ORGANIZATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1AIDAN IS THE PRESIDENT OF THE ORGANIZATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt021000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt121000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0JOINTLY OWN DILANNY LLC WHERE THE FOUNDATION RENTS OFFICE SPACE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1JOINTLY OWN DILANNY LLC WHERE THE FOUNDATION RENTS OFFICE SPACE
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT IS THE FATHER OF THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED AND A COPY IS SENT TO ALL BOARD MEMBERS. NO REVIEW WAS OR WILL BE CONDUCTED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY AND HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONSULTANT: PROGRAM SERVICE EXPENSES 99,762. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 99,762. PAYROLL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,800. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,800.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0821096819
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0RI
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0MANAGEMENT SERVICES
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0NEW ENGLAND MEDICAL INNOVATION CENTER LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt01 SHIP STREET
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0PROVIDENCE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0RI
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd002903
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt099762
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NEW ENGLAND MEDICAL INNOVATION CENTER LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0Q
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0159792
IRS990/TotalAssetsEOYAmt0177931
IRS990/TotalAssetsGrp/BOYAmt0159792
IRS990/TotalAssetsGrp/EOYAmt0177931
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0624010
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt045440
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0521250
IRS990/TotalFunctionalExpensesGrp/TotalAmt0566690
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0154076
IRS990/TotalLiabilitiesEOYAmt014635
IRS990/TotalLiabilitiesGrp/BOYAmt0154076
IRS990/TotalLiabilitiesGrp/EOYAmt014635
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05716
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0163296
IRS990/TotalOtherCompensationAmt028141
IRS990/TotalProgramServiceExpensesAmt0521250
IRS990/TotalProgramServiceRevenueAmt083768
IRS990/TotalReportableCompFromOrgAmt045861
IRS990/TotalRevenueGrp/ExclusionAmt016492
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt083768
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0724270
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0159792
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0177931
IRS990/TotReportableCompRltdOrgAmt090462
IRS990/TravelGrp/ProgramServicesAmt03387
IRS990/TravelGrp/TotalAmt03387
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.