Civic Intelligence

New England Sci-Tech Inc.

990EZ • Fiscal year 2021 • EIN 82-5114883

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

16 Tech CircleNatick, MA 01760

(781) 883-3174

Siviq Scores

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

Liabilities / Assets

98th percentile

2.68x

Higher debt load relative to assets than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

95th percentile

1.28x

Higher debt load relative to revenue than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

11th percentile

-56%

Higher net margin than 11% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

27th percentile

-9.1%

Faster asset growth than 27% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

35th percentile

-14%

Faster revenue growth than 35% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$39,432

Down $3,956 (-9.1%) from 2020

Net Assets

Down

-$66,391

Down $39,462 (-147%) from 2020

Liabilities

Up

$105,823

Up $35,506 (+50%) from 2020

Revenue

Down

$82,363

Down $13,358 (-14%) from 2020

Expenses

Up

$128,401

Up $14,564 (+13%) from 2020

Net Income

Down

-$46,038

Down $27,922 (-154%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100K-$200KAssets 2018: $30,277Liabilities 2018: $58,0952018Assets 2019: $54,504Liabilities 2019: $63,317Net Assets 2019: -$8,8132019Assets 2020: $43,388Liabilities 2020: $70,317Net Assets 2020: -$26,9292020Assets 2021: $39,432Liabilities 2021: $105,823Net Assets 2021: -$66,3912021Assets 2022: $60,316Liabilities 2022: $105,817Net Assets 2022: -$45,5012022Assets 2023: $13,932Liabilities 2023: $125,801Net Assets 2023: -$111,8692023Assets 2024: $31,380Liabilities 2024: $117,817Net Assets 2024: -$86,4372024

Highlighted filing

2021

Assets$39,432
Liabilities$105,823
Net Assets-$66,391

Operations Trend

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

$200K$100K$0-$100KRevenue 2018: $14,250Expenses 2018: $42,068Net Income 2018: -$27,8182018Revenue 2019: $123,319Expenses 2019: $108,956Net Income 2019: $14,3632019Revenue 2020: $95,721Expenses 2020: $113,837Net Income 2020: -$18,1162020Revenue 2021: $82,363Expenses 2021: $128,401Net Income 2021: -$46,0382021Revenue 2022: $145,941Expenses 2022: $121,154Net Income 2022: $24,7872022Revenue 2023: $100,215Expenses 2023: $166,583Net Income 2023: -$66,3682023Revenue 2024: $172,231Expenses 2024: $158,772Net Income 2024: $13,4592024

Highlighted filing

2021

Revenue$82,363
Expenses$128,401
Net Income-$46,038
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$82,363
Mission and Program Overview

Mission

STEM EDUCATION

Program Services

DescriptionGrantsExpenses
TO PROMOTE STEM (SCIENCE, TECHNOLOGY, ENGINEERING & MATH) VIA A WIDE VARIETY OF ENRICHMENT ACTITIVIES, IN-PERSON AND VIRTUAL FOR STUDENTS. APPROX. 2,000 STUDENTS BENEFITED IN 2,020$2,500$96,550
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT F PHINNEYPresidentFT$0--
THEODORE H REIMANTreasurerPT$0--
DAVID KAHNDirectorPT$0--
GREG PAULVice PresidentPT$0--
RASHEL MASTERSDirectorPT$0--
STEVEN PALMERSecretaryPT$0--
BRIAN MCCARTHYDirector-$0--
Filing and Contact Details

Filer

Filer Name
New England Sci-tech Inc
EIN
82-5114883
Address
16 TECH CIRCLE, Natick, MA 01760

Signing Officer

Name
Robert Phinney
Title
President
Phone
5087204179
Signed
2022-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Wachsler CPA
Address
PO BOX 1007, Burlington, MA 01803
Preparer
Irene Wachsler CPA
Phone
7818833174
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountPROGRAM EXPENSES 3,152BANK CHARGES & CREDIT CARD FEES 1,120FILING FEES 70OFFICE & SOFTWARE EXPENSES 6,991DEPRECIATION EXPENSE 11,882INSURANCE 11,588MARKETING 3,407DUES & MEMBERSHIP 337

Description of other assets Part II line 24

Category Beginning of Year End of YearLEASEHOLD IMPROVEMENTS 5,118 4,924OTHER TOOLS & EQUIPMENT 34,294 22,606

Description of total liabilities Part II line 26

Category Beginning of Year End of YearLOAN FROM ROBERT PHINNEY 70,317 105,817PAYABLES 0 6

Raw XML Appendix181 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/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleL/TotalBalanceDueAmt0105817
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountPROGRAM EXPENSES 3,152BANK CHARGES & CREDIT CARD FEES 1,120FILING FEES 70OFFICE & SOFTWARE EXPENSES 6,991DEPRECIATION EXPENSE 11,882INSURANCE 11,588MARKETING 3,407DUES & MEMBERSHIP 337
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearLEASEHOLD IMPROVEMENTS 5,118 4,924OTHER TOOLS & EQUIPMENT 34,294 22,606
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearLOAN FROM ROBERT PHINNEY 70,317 105,817PAYABLES 0 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/EIN0825114883
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ReturnHeader/ReturnTs02022-11-15T21:42:27-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PHINNEY
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings