Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.52x
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
59th percentile
Higher net margin than 59% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
90th percentile
Faster asset growth than 90% of similar nonprofits.
Revenue Growth
96th percentile
Faster revenue growth than 96% of similar nonprofits.
Balance Sheet
Assets
Up$37,195
Up $19,821 (+114%) from 2020
Net Assets
$17,855
No earlier filing loaded for comparison.
Liabilities
Down$19,340
Down $92 (-0.5%) from 2020
Revenue And Expenses
Revenue
Up$133,571
Up $109,346 (+451%) from 2020
Expenses
Up$113,658
Up $87,325 (+332%) from 2020
Net Income
Up$19,913
Up $22,021 (+1045%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Aug 21, 2023
- Return Version
- 2021v4.2
- Gross Receipts
- $133,571
Mission and Program Overview
Mission
Qubic labs is dedicated to identifying and supporting entrepreneurs providing practical business solutions. We are committed to building an ecosystem of entrepreneurs that will make commerce and government more efficient, effective and innovative.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| IDENTIFYING AND SUPPORTING ENTREPRENEURS PROVIDING PRACTICAL BUSINESS SOLUTIONS. WE ARE COMMITTED TO BUILDING AN ECOSYSTEM OF ENTREPRENEURS THAT WILL MAKE COMMERCE AND GOVERNMENT MORE EFFICIENT, EFFECTIVE AND INNOVATIVE. | $0 | $30,022 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ADAM GURWITZ | Director | - | $0 | - | - |
| WILLIAM WEDDLETON | Director | - | $0 | - | - |
| IAN CAIN | Chairman, Treasurer, Secretary | FT | $0 | - | - |
| JOHN O'KEEFFE | CEO | FT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Qubic Labs Inc
- EIN
- 84-3792858
- Phone
- 6172858881
- Address
- 1495 HANCOCK STREET FLOOR 4, QUINCY, MA 02169
Signing Officer
- Name
- JOHN O'KEEFFE
- Title
- CEO & Co-founder
- Phone
- 6172858881
- Signed
- 2023-08-21
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Cohnreznick Llp
- Address
- 350 GRANITE STREET SUITE 1200, BRAINTREE, MA 02184
- Preparer
- Jolanta Tuck CPA
- Phone
- 7813803520
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: advertising & marketing. Amount: 963. Description: travel. Amount: 2,366. Description: insurance. Amount: 523. Description: office expenses. Amount: 36,548. Description: filling fee & interest paid. Amount: 285. Description: conferences, conventions, and meetings. Amount: 9,839. Description: bank charges & fees. Amount: 118. Description: dues & subscriptions. Amount: 735. Description: payroll taxes. Amount: 4,657. Total to form 990-ez, line 16: 56,034.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: accounts receivable. Beg. Of year amount: 9,005. End of year amount: 1,450.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable. Beg. Of year amount: 19,432. End of year amount: 4,076. Description: other liabilities. Beg. Of year amount: 0. End of year amount: 15,264.”
Raw XML Appendix153 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JOHN O'KEEFFE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6172858881 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1495 HANCOCK STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | QUINCY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02169 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 8369 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 35745 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 101941 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 19913 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 12910 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 17374 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 37195 |
| IRS990EZ/GrossReceiptsAmt | 0 | 133571 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -2058 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 17855 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -2058 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 17855 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 2714 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ADAM GURWITZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | WILLIAM WEDDLETON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | IAN CAIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JOHN O'KEEFFE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | CHAIRMAN, TREASURER, SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | CEO |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 9005 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1450 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 56034 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | QUBIC LABS IS DEDICATED TO IDENTIFYING AND SUPPORTING ENTREPRENEURS PROVIDING PRACTICAL BUSINESS SOLUTIONS. WE ARE COMMITTED TO BUILDING AN ECOSYSTEM OF ENTREPRENEURS THAT WILL MAKE COMMERCE AND GOVERNMENT MORE EFFICIENT, EFFECTIVE AND INNOVATIVE. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 31630 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | IDENTIFYING AND SUPPORTING ENTREPRENEURS PROVIDING PRACTICAL BUSINESS SOLUTIONS. WE ARE COMMITTED TO BUILDING AN ECOSYSTEM OF ENTREPRENEURS THAT WILL MAKE COMMERCE AND GOVERNMENT MORE EFFICIENT, EFFECTIVE AND INNOVATIVE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 30022 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 42000 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 19432 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 19340 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 113658 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 30022 |
| IRS990EZ/TotalRevenueAmt | 0 | 133571 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.QUBICLABS.COM |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 133571 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 24225 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 157796 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 135420 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 22376 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 133571 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 24225 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 157796 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 157796 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: ADVERTISING & MARKETING. AMOUNT: 963. DESCRIPTION: TRAVEL. AMOUNT: 2,366. DESCRIPTION: INSURANCE. AMOUNT: 523. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 36,548. DESCRIPTION: FILLING FEE & INTEREST PAID. AMOUNT: 285. DESCRIPTION: CONFERENCES, CONVENTIONS, AND MEETINGS. AMOUNT: 9,839. DESCRIPTION: BANK CHARGES & FEES. AMOUNT: 118. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 735. DESCRIPTION: PAYROLL TAXES. AMOUNT: 4,657. TOTAL TO FORM 990-EZ, LINE 16: 56,034. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 9,005. END OF YEAR AMOUNT: 1,450. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 19,432. END OF YEAR AMOUNT: 4,076. DESCRIPTION: OTHER LIABILITIES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 15,264. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOHN O'KEEFFE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO & CO-FOUNDER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6172858881 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-08-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | QUBIC LABS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | QUBI |
| ReturnHeader/Filer/EIN | 0 | 843792858 |
| ReturnHeader/Filer/PhoneNum | 0 | 6172858881 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1495 HANCOCK STREET FLOOR 4 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | QUINCY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02169 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 221478099 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | COHNREZNICK LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 350 GRANITE STREET SUITE 1200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BRAINTREE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 02184 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7813803520 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-08-18 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOLANTA TUCK CPA |
| ReturnHeader/ReturnTs | 0 | 2023-08-25T05:14:10-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JOHN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | OKEEFFE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $37,195
- Liabilities
- $19,340
- Net assets
- $17,855
- Revenue
- $133,571
- Expenses
- $113,658
- Net income
- $19,913