Civic Intelligence

Hubweek Inc

EIN 84-2151766 • 501(c)3 • Boston, MA

Profile

Hubweek inc. Is an organization dedicated to igniting and unleashing the potential of boston. We guide and gather the doers, dreamers, and makers that define who we are as a city and what our future will be. Our purpose is to help build a better future for the city of boston. Hubweek, inc. Creates and curates events, programming, and content with the goal of building community and educating the public on developments and opportunities at the intersection of art, science and technology.

1 Exchange Place 201Boston, MA 02109

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

97th percentile

86%

Higher net margin than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

12th percentile

-67%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $966,556 (-100%) from 2021

Liabilities

Down

$0

Down $1,221,729 (-100%) from 2021

Net Assets

Up

$0

Up $255,173 (+100%) from 2021

Operations
Liabilities / Revenue61st percentileNet Margin97th percentile

Revenue

Down

$295,268

Down $604,155 (-67%) from 2021

Expenses

Down

$40,095

Down $84,905 (-68%) from 2021

Net Income

Down

$255,173

Down $519,250 (-67%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2019: $1,085,405Liabilities 2019: $1,451,949Net Assets 2019: -$366,5442019Assets 2020: $343,873Liabilities 2020: $1,373,469Net Assets 2020: -$1,029,5962020Assets 2021: $966,556Liabilities 2021: $1,221,729Net Assets 2021: -$255,1732021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue Growth12th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $2,280,363Expenses 2019: $2,646,907Net Income 2019: -$366,5442019Revenue 2020: $385,068Expenses 2020: $1,048,120Net Income 2020: -$663,0522020Revenue 2021: $899,423Expenses 2021: $125,000Net Income 2021: $774,4232021Revenue 2022: $295,268Expenses 2022: $40,095Net Income 2022: $255,1732022

Highlighted filing

2022

Revenue$295,268
Expenses$40,095
Net Income$255,173
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$295,268
Expenses
$40,095
Net income
$255,173
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.30$0.04$0.26
2021Detailed filing. Detailed filing data is available for this year.$0.97$1.22$0.26$0.90$0.13$0.77
2020Detailed filing. Detailed filing data is available for this year.$0.34$1.37$1.03$0.39$1.05$0.66
2019Detailed filing. Detailed filing data is available for this year.$1.09$1.45$0.37$2.28$2.65$0.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 19, 2023
Return Version
2022v5.0
Gross Receipts
$295,268
Mission and Program Overview

Mission

Hubweek inc. Is an organization dedicated to igniting and unleashing the potential of boston. We guide and gather the doers, dreamers, and makers that define who we are as a city and what our future will be. Our purpose is to help build a better future for the city of boston. Hubweek, inc. Creates and curates events, programming, and content with the goal of building community and educating the public on developments and opportunities at the intersection of art, science and technology.

Hubweek, inc. Is an organization dedicated to igniting and unleashing the potential of boston. We guide the doers, dreamers, and makers that define who we are as a city and what our future will be. Our purpose is to help build a better future for the city of boston. Hubweek, inc. Creates and curates events, programming, and content with the goal of bulding community and educating the public on developments and opportunities at the intersection of art, science and technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$500,000$0▼ $500,000
Savings and Temporary Cash Investments$299,364$0▼ $299,364
Cash and Non-Interest-Bearing Accounts$167,192$0▼ $167,192
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$966,556$0▼ $966,556
Other Assets Total-$0-
Liabilities
Other Liabilities$1,216,979$0▼ $1,216,979
Accounts Payable and Accrued Expenses$4,750--
Total Liabilities$1,221,729$0▼ $1,221,729
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-255,173$0▲ $255,173
Total Net Assets Fund Balance$-255,173$0▲ $255,173
Total Liabilities and Net Assets / Fund Balance$966,556$0▼ $966,556
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Linda Pizzuti HenryPresident
Amy RollinsDirector
Brian McgroryDirector
Jessie SmithDirector
Kathleen KennedyDirector
Margaret E NewellDirector
Marguerite Louise SlasmanDirector
Timothy Gregg FerrisDirector
Ryan WalshTreasurer/ Clerk
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$57
Other Revenue
$295,211
Change in Net Assets
$255,173
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$40,095
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$33,922-$33,922
Office Expenses-$6,173-$6,173
Total Functional Expenses$0$40,095$0$40,095
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

“The 990 is reviewed by management and the board of directors before it is filed.”

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

“Hubweek has a conflict of interest policy that is distributed to staff and management to review yearly. This policy is kept in the hubweek employee handbook adopted from the globe and policies and procedures document.”

Form 990, Part VI, Section B, Line 15

“Ceo and key employee salaries are determined using the current market rate for the position (factoring relative experience) being applied for and reviewed by the board of directors.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Hubweek Inc
EIN
84-2151766
Phone
9787293533
Address
1 EXCHANGE PLACE 201, BOSTON, MA 02109

Signing Officer

Name
Ryan Walsh
Title
Treasurer
Phone
9787293533
Signed
2023-04-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan Walsh
Formed
2019
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Joyce Ripianzi CPA
Phone
5083669100
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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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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0BOSTON GLOBE MEDIA PARTNERS LLC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1AAFCPAS INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02022-05-19
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12022-12-16
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0921767
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt137672
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0ACTUAL COST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1HOURLY RATE AND FIXED FEE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01 EXCHANGE PLACE SUITE 201
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt150 WASHINGTON STREET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0BOSTON
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1WESTBOROUGH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1MA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd002127
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd101581
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HUBWEEK HAS A CONFLICT OF INTEREST POLICY THAT IS DISTRIBUTED TO STAFF AND MANAGEMENT TO REVIEW YEARLY. THIS POLICY IS KEPT IN THE HUBWEEK EMPLOYEE HANDBOOK ADOPTED FROM THE GLOBE AND POLICIES AND PROCEDURES DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CEO AND KEY EMPLOYEE SALARIES ARE DETERMINED USING THE CURRENT MARKET RATE FOR THE POSITION (FACTORING RELATIVE EXPERIENCE) BEING APPLIED FOR AND REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt0966556
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0966556
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040095
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt040095
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01221729
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt01221729
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-255173
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0295268
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0295268
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0966556
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01 EXCHANGE PLACE SUITE 201
IRS990/USAddress/CityNm0BOSTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002109
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RYAN WALSH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09787293533
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HUBWEEK INC
ReturnHeader/Filer/BusinessNameControlTxt0HUBW
ReturnHeader/Filer/EIN0842151766
ReturnHeader/Filer/PhoneNum09787293533
ReturnHeader/Filer/USAddress/AddressLine1Txt01 EXCHANGE PLACE 201
ReturnHeader/Filer/USAddress/CityNm0BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002109
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042571780
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AAFCPAS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 WASHINGTON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTBOROUGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001581
ReturnHeader/PreparerPersonGrp/PhoneNum05083669100
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOYCE RIPIANZI CPA
ReturnHeader/ReturnTs02023-04-26T15:03:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RYAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WALSH
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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