Civic Intelligence

Massachusetts Innovation Networkinc

990EZ • Fiscal year 2021 • EIN 84-4289039

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 16, 2022

105 Wheeler DriveBoxbourough, MA 01719

(978) 888-8343

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

41st percentile

3.0%

Higher net margin than 41% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Assets

$4,817

No earlier filing loaded for comparison.

Net Assets

$4,817

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$132,950

No earlier filing loaded for comparison.

Expenses

$128,943

No earlier filing loaded for comparison.

Net Income

$4,007

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2021: $4,817Net Assets 2021: $4,8172021Assets 2022: $3,719Net Assets 2022: $3,7192022Assets 2023: $131Net Assets 2023: $1312023Assets 2024: $19,805Liabilities 2024: $1,000Net Assets 2024: $18,8052024Assets 2025: $24,182Liabilities 2025: $0Net Assets 2025: $24,1822025

Highlighted filing

2021

Assets$4,817
Liabilities-
Net Assets$4,817

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2021: $132,950Expenses 2021: $128,943Net Income 2021: $4,0072021Revenue 2022: $171,574Expenses 2022: $172,672Net Income 2022: -$1,0982022Revenue 2023: $170,340Expenses 2023: $173,927Net Income 2023: -$3,5872023Revenue 2024: $189,490Expenses 2024: $170,817Net Income 2024: $18,6732024Revenue 2025: $218,738Expenses 2025: $213,361Net Income 2025: $5,3772025

Highlighted filing

2021

Revenue$132,950
Expenses$128,943
Net Income$4,007
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 16, 2022
Return Version
2021v4.0
Gross Receipts
$132,950
Mission and Program Overview

Mission

Educational and support to start ups and innovators which includes , but is not limited to, education, coaching, mentoring, publicity and network services and oppurtunities.

Program Services

DescriptionGrantsExpenses
EDUCATIONAL AND SUPPORT TO START UPS AND INNOVATORS WHICH INCLUDES , BUT IS NOT LIMITED TO, EDUCATION, COACHING, MENTORING, PUBLICITY AND NETWORK SERVICES AND OPPURTUNITIES.--
MENTORING PROGRAM WHICH INTRODUCED THE DEPLOYMENT OF A REGIONAL, SUSTAINABLE MENTOR-MENTEE NETWORK, TO ADDRESS ECONOMIC CHALLENGES AND ISSUES ARISEN DURING THE PANDEMIC FOR SOLPRENEURS, FAMILY BUSINESSES, AND NEW BUSINESS PATHS THAT WERE CREATED DURING TEH PANDEMIC.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALEXANDER KAMBANISTreasurer-$0--
SOPHIA KAMBANISExecutive DiFT$0--
PETROS KOTIDISClerk-$0--
Filing and Contact Details

Filer

Filer Name
Massachusetts Innovation Networkinc
EIN
84-4289039
Address
105 WHEELER DRIVE, BOXBOUROUGH, MA 01719

Signing Officer

Name
Sophia Kambanis
Title
Executive Director
Phone
9788888343
Signed
2022-06-16
Discuss with paid preparer
Yes

Preparer

Firm
Andrew R Olden Pc
Address
39 MAIN ST STE 301, AYER, MA 01432-1378
Preparer
Andrew Olden
Phone
9788709592
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office 4,369 subcontractors 20,422 materials outreach expens 13,949 consultants 2,800 events 8,130 youth program 1,429 miscellaneous 348 total 51,447

Form 990-ez, Part III

Educational and support to start ups and innovators which includes , but is not limited to, education, coaching, mentoring, publicity and network services and oppurtunities.

Form 990-ez, Part III, Line 29

Mentoring program which introduced the deployment of a regional, sustainable mentor-mentee network, to address economic challenges and issues arisen during the pandemic for solpreneurs, family businesses, and new business paths that were created during teh pandemic.

Raw XML Appendix94 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SOPHIA KAMBANIS
IRS990EZ/BooksInCareOfDetail/PhoneNum09788888343
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt055 OLD BEDFORD ROAD STE 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LINCOLN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001773
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0810
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04817
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0132950
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04007
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt077496
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0810
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04817
IRS990EZ/GrossReceiptsAmt0132950
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0810
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04817
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0810
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04817
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ALEXANDER KAMBANIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SOPHIA KAMBANIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PETROS KOTIDIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt051447
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATIONAL AND SUPPORT TO START UPS AND INNOVATORS WHICH INCLUDES , BUT IS NOT LIMITED TO, EDUCATION, COACHING, MENTORING, PUBLICITY AND NETWORK SERVICES AND OPPURTUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATIONAL AND SUPPORT TO START UPS AND INNOVATORS WHICH INCLUDES , BUT IS NOT LIMITED TO, EDUCATION, COACHING, MENTORING, PUBLICITY AND NETWORK SERVICES AND OPPURTUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1MENTORING PROGRAM WHICH INTRODUCED THE DEPLOYMENT OF A REGIONAL, SUSTAINABLE MENTOR-MENTEE NETWORK, TO ADDRESS ECONOMIC CHALLENGES AND ISSUES ARISEN DURING THE PANDEMIC FOR SOLPRENEURS, FAMILY BUSINESSES, AND NEW BUSINESS PATHS THAT WERE CREATED DURING TEH PANDEMIC.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0128943
IRS990EZ/TotalRevenueAmt0132950
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://WWW.NEWENGLANDINNOVATION.ORG/
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 4,369 SUBCONTRACTORS 20,422 MATERIALS OUTREACH EXPENS 13,949 CONSULTANTS 2,800 EVENTS 8,130 YOUTH PROGRAM 1,429 MISCELLANEOUS 348 TOTAL 51,447
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EDUCATIONAL AND SUPPORT TO START UPS AND INNOVATORS WHICH INCLUDES , BUT IS NOT LIMITED TO, EDUCATION, COACHING, MENTORING, PUBLICITY AND NETWORK SERVICES AND OPPURTUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MENTORING PROGRAM WHICH INTRODUCED THE DEPLOYMENT OF A REGIONAL, SUSTAINABLE MENTOR-MENTEE NETWORK, TO ADDRESS ECONOMIC CHALLENGES AND ISSUES ARISEN DURING THE PANDEMIC FOR SOLPRENEURS, FAMILY BUSINESSES, AND NEW BUSINESS PATHS THAT WERE CREATED DURING TEH PANDEMIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 29
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SOPHIA KAMBANIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09788888343
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASSACHUSETTS INNOVATION NETWORKINC
ReturnHeader/Filer/BusinessNameControlTxt0MASS
ReturnHeader/Filer/EIN0844289039
ReturnHeader/Filer/USAddress/AddressLine1Txt0105 WHEELER DRIVE
ReturnHeader/Filer/USAddress/CityNm0BOXBOUROUGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001719
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272592429
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANDREW R OLDEN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt039 MAIN ST STE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AYER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0014321378
ReturnHeader/PreparerPersonGrp/PhoneNum09788709592
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW OLDEN
ReturnHeader/ReturnTs02022-06-16T14:18:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SOPHIA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KAMBANIS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)6 • <$500k nonprofits