Civic Intelligence

Massachusetts Innovation Networkinc

990 • Fiscal year 2025 • EIN 84-4289039

Jan 01, 2025 to Dec 31, 2025 • Filed on Feb 10, 2026

Organization ProfileWWW.NEWENGLANDINNOVATION.ORG
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

53rd percentile

0.00x

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

2025 filings • 501(c)6 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

53rd percentile

0.00x

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

2025 filings • 501(c)6 • <$500k nonprofits • Source year 2025

Net Margin

50th percentile

2.5%

Higher net margin than 50% of similar nonprofits.

2025 filings • 501(c)6 • <$500k nonprofits • Source year 2025

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.

2025 filings • 501(c)6 • <$500k nonprofits • Source year 2025

Asset Growth

81st percentile

22%

Faster asset growth than 81% of similar nonprofits.

2025 filings • 501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

73rd percentile

15%

Faster revenue growth than 73% of similar nonprofits.

2025 filings • 501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$24,182

Up $4,377 (+22%) from 2024

Net Assets

Up

$24,182

Up $5,377 (+29%) from 2024

Liabilities

Down

$0

Down $1,000 (-100%) from 2024

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin50th percentile

Revenue

Up

$218,738

Up $29,248 (+15%) from 2024

Expenses

Up

$213,361

Up $42,544 (+25%) from 2024

Net Income

Down

$5,377

Down $13,296 (-71%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

2025

Assets$24,182
Liabilities$0
Net Assets$24,182
Open 2025 Filing

Operations Trend

Revenue Growth73rd percentile

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

2025

Revenue$218,738
Expenses$213,361
Net Income$5,377
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 10, 2026
Return Version
2025v4.0
Gross Receipts
$218,738
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$19,805$24,182▲ $4,377
Total Assets$19,805$24,182▲ $4,377
Liabilities
Unsecured Notes Loans Payable$1,000--
Total Liabilities$1,000$0▼ $1,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,805$24,182▲ $5,377
Total Net Assets Fund Balance$18,805$24,182▲ $5,377
Total Liabilities and Net Assets / Fund Balance$19,805$24,182▲ $4,377
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Lisa DufresneDirector
Sophia KambanisExecutive Di
Revenue and Support

Revenue Composition

Contributions and Grants
$218,738
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$218,738
Change in Net Assets
$5,377
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$213,361
Total Fundraising Expense$2,259
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$6,948-$6,948
Fees for Services Accounting-$4,595-$4,595
Other Expenses$4,898$2,259-$2,259
Advertising--$2,259$2,259
All Other Expenses$700$303-$1,003
Fees for Services Legal-$668-$668
Travel-$638-$638
Office Expenses-$542-$542
Insurance-$252-$252
Total Functional Expenses$194,897$16,205$2,259$213,361
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

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
2026-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sophia Kambanis
Formed
2020
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Andrew R Olden Pc
Address
39 MAIN ST STE 301, AYER, MA 01432-1378
Preparer
Andrew Olden
Phone
9788709592
Raw XML Appendix224 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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,182
Liabilities
$0
Net assets
$24,182
Revenue
$218,738
Expenses
$213,361
Net income
$5,377
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$2.19$2.13$0.05
2024Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.19$1.89$1.71$0.19
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$1.70$1.74$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.04$0.04$1.72$1.73$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.05$0.05$1.33$1.29$0.04