Civic Intelligence

Zero Debt Massachusetts Inc

990EZ • Fiscal year 2019 • EIN 84-1728379

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 04, 2021

Organization ProfileZERODEBTMASSACHUSETTS.ORG
561 Boylston StreetBoston, MA 02116

(617) 240-0891

Siviq Scores

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

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

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

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

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

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

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

Top Officer Pay

90th percentile

$40,385

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 26.5% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets75th percentile

Assets

$21,532

No earlier filing loaded for comparison.

Net Assets

$20,278

No earlier filing loaded for comparison.

Liabilities

$1,254

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin68th percentile

Revenue

$152,350

No earlier filing loaded for comparison.

Expenses

$132,072

No earlier filing loaded for comparison.

Net Income

$20,278

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300K$200K$100K$0-$100KAssets 2019: $21,532Liabilities 2019: $1,254Net Assets 2019: $20,2782019Assets 2020: $8,208Liabilities 2020: $78,604Net Assets 2020: -$70,3962020Assets 2021: $27,151Liabilities 2021: $114,504Net Assets 2021: -$87,3532021Assets 2022: $39,167Liabilities 2022: $0Net Assets 2022: $39,1672022Assets 2023: $276,940Liabilities 2023: $1,500Net Assets 2023: $275,4402023Assets 2024: $40,362Liabilities 2024: $1,500Net Assets 2024: $38,8622024

Highlighted filing

2019

Assets$21,532
Liabilities$1,254
Net Assets$20,278
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200K-$400KRevenue 2019: $152,350Expenses 2019: $132,072Net Income 2019: $20,2782019Revenue 2020: $244,492Expenses 2020: $335,166Net Income 2020: -$90,6742020Revenue 2021: $339,000Expenses 2021: $355,957Net Income 2021: -$16,9572021Revenue 2022: $421,116Expenses 2022: $294,596Net Income 2022: $126,5202022Revenue 2023: $400,366Expenses 2023: $164,092Net Income 2023: $236,2742023Revenue 2024: $0Expenses 2024: $236,578Net Income 2024: -$236,5782024

Highlighted filing

2019

Revenue$152,350
Expenses$132,072
Net Income$20,278
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 4, 2021
Return Version
2019v5.2
Gross Receipts
$152,350
Mission and Program Overview

Mission

Zero debt massachusetts organizes students, parents, and community members to amplify the voices and leadership of those most impacted by the burden of student debt in our cities and state. We are a network of inter-generational activists and organizations fighting for student borrowers' protections, reinvestment's in public higher education and a zero debt higher education finance system free from student debt.

Program Services

DescriptionGrantsExpenses
ZERO DEBT MASSACHUSETTS ORGANIZES STUDENTS, PARENTS, AND COMMUNITY MEMBERS TO AMPLIFY THE VOICES AND LEADERSHIP OF THOSE MOST IMPACTED BY THE BURDEN OF STUDENT DEBT IN OUR CITIES AND STATE. WE ARE A NETWORK OF INTER-GENERATIONAL ACTIVISTS AND ORGANIZATIONS FIGHTING FOR STUDENT BORROWERS' PROTECTIONS, REINVESTMENT'S IN PUBLIC HIGHER EDUCATION AND A ZERO DEBT HIGHER EDUCATION FINANCE SYSTEM FREE FROM STUDENT DEBT.$0$115,000
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CLAUDIO MARTINEZExecutive DirectorFT$40,385-$40,385
BAHAR AKMANDirector-$0--
ROBERT HILDRETHPresident-$0--
CHARLES DESMONDTreasurer-$0--
PETER BARROSClerk-$0--
Filing and Contact Details

Filer

Filer Name
Zero Debt Massachusetts Inc
EIN
84-1728379
Phone
6172400891
Address
561 BOYLSTON STREET, BOSTON, MA 02116

Signing Officer

Name
Claudio Martinez
Title
Executive Director
Phone
6172400891
Signed
2021-11-04
Discuss with paid preparer
Yes

Preparer

Firm
Non Profit Capital Management LLC Non Pr
Address
153 CLINTON RD PO BOX 211, STERLING, MA 01564-2357
Preparer
Brian Kindorf
Phone
7819336732
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: miscellaneous income. Amount: 1,582.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: insurance and legal. Amount: 5,128. Description: meetings and events. Amount: 5,154. Description: travel. Amount: 4,252. Description: dues and fees. Amount: 608. Description: meals and entertainment. Amount: 1,935. Total to form 990-ez, line 16: 17,077.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accrued expenses. Beg. Of year amount: 0. End of year amount: 1,254.”

Raw XML Appendix154 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ZERO DEBT MASSACHUSETTS INC
IRS990EZ/BooksInCareOfDetail/PhoneNum06172400891
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0561 BOLYSTON STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002116
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt021532
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0150768
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt020278
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt058483
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
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IRS990EZ/GrossReceiptsAmt0152350
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt020278
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt020278
IRS990EZ/OccupancyRentUtltsAndMaintAmt04889
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt440.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt440385
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BAHAR AKMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROBERT HILDRETH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHARLES DESMOND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PETER BARROS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CLAUDIO MARTINEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt017077
IRS990EZ/OtherRevenueTotalAmt01582
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0ZERO DEBT MASSACHUSETTS ORGANIZES STUDENTS, PARENTS, AND COMMUNITY MEMBERS TO AMPLIFY THE VOICES AND LEADERSHIP OF THOSE MOST IMPACTED BY THE BURDEN OF STUDENT DEBT IN OUR CITIES AND STATE. WE ARE A NETWORK OF INTER-GENERATIONAL ACTIVISTS AND ORGANIZATIONS FIGHTING FOR STUDENT BORROWERS' PROTECTIONS, REINVESTMENT'S IN PUBLIC HIGHER EDUCATION AND A ZERO DEBT HIGHER EDUCATION FINANCE SYSTEM FREE FROM STUDENT DEBT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ZERO DEBT MASSACHUSETTS ORGANIZES STUDENTS, PARENTS, AND COMMUNITY MEMBERS TO AMPLIFY THE VOICES AND LEADERSHIP OF THOSE MOST IMPACTED BY THE BURDEN OF STUDENT DEBT IN OUR CITIES AND STATE. WE ARE A NETWORK OF INTER-GENERATIONAL ACTIVISTS AND ORGANIZATIONS FIGHTING FOR STUDENT BORROWERS' PROTECTIONS, REINVESTMENT'S IN PUBLIC HIGHER EDUCATION AND A ZERO DEBT HIGHER EDUCATION FINANCE SYSTEM FREE FROM STUDENT DEBT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0115000
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt051623
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01254
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0132072
IRS990EZ/TotalProgramServiceExpensesAmt0115000
IRS990EZ/TotalRevenueAmt0152350
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0ZERODEBTMASSACHUSETTS.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0150768
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0150768
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01582
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01582
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt03815
IRS990ScheduleA/SubstantialContributorsTotAmt0146953
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0150768
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0150768
IRS990ScheduleA/TotalSupportAmt0152350
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/ExplanationTxt0DESCRIPTION: MISCELLANEOUS INCOME. AMOUNT: 1,582.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INSURANCE AND LEGAL. AMOUNT: 5,128. DESCRIPTION: MEETINGS AND EVENTS. AMOUNT: 5,154. DESCRIPTION: TRAVEL. AMOUNT: 4,252. DESCRIPTION: DUES AND FEES. AMOUNT: 608. DESCRIPTION: MEALS AND ENTERTAINMENT. AMOUNT: 1,935. TOTAL TO FORM 990-EZ, LINE 16: 17,077.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,254.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CLAUDIO MARTINEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06172400891
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ZERO DEBT MASSACHUSETTS INC
ReturnHeader/Filer/BusinessNameControlTxt0ZERO
ReturnHeader/Filer/EIN0841728379
ReturnHeader/Filer/PhoneNum06172400891
ReturnHeader/Filer/USAddress/AddressLine1Txt0561 BOYLSTON STREET
ReturnHeader/Filer/USAddress/CityNm0BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002116
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383697447
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NON PROFIT CAPITAL MANAGEMENT LLC NON PR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0153 CLINTON RD PO BOX 211
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STERLING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0015642357
ReturnHeader/PreparerPersonGrp/PhoneNum07819336732
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN KINDORF
ReturnHeader/ReturnTs02021-11-04T15:31:28-05:00
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
$21,532
Liabilities
$1,254
Net assets
$20,278
Revenue
$152,350
Expenses
$132,072
Net income
$20,278
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.02$0.39$0.00$2.37$2.37
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.77$0.02$2.75$4.00$1.64$2.36
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.00$0.39$4.21$2.95$1.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$1.15$0.87$3.39$3.56$0.17
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.79$0.70$2.44$3.35$0.91
2019Detailed filing. Detailed filing data is available for this year.$0.22$0.01$0.20$1.52$1.32$0.20