Civic Intelligence

Psmc5 Foundation Inc

EIN 87-1890681 • 501(c)3 • Winchester, MA

Profile

Psmc5 foundation, inc. Is formed for the charitable and educational purpose of sponsoring research and bringing awareness of genetic mutations related to the psmc5 gene. Psmc5 foundation, inc. Furthers its charitable and educational purpose by collaborating with other organizations. Our activities are conducted throughout the year and based in massachusetts. Almost 100% of our total time is allocated to hosting our research-based activities. Our events are conducted by research volunteers. All of the volunteers offer their services as a gift to the community and do not receive any compensation. Psmc5 foundation, inc. Receives the majority of its financial support in the form of contributions from the general public. Psmc5 foundation, inc. Does not operate under any alternate names.

69 Mystic Valley ParkwayWinchester, MA 01890

psmc5.org

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

Score unavailable

No value available

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

Source year 2022

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

36th percentile

-12%

Faster asset growth than 36% of similar nonprofits.

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

Revenue Growth

71st percentile

19%

Faster revenue growth than 71% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$88,452

Down $12,087 (-12%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$88,452

Down $12,087 (-12%) from 2021

Operations
Liabilities / RevenueScore unavailableNet Margin66th percentile

Revenue

Up

$119,306

Up $18,767 (+19%) from 2021

Expenses

$105,285

No earlier filing loaded for comparison.

Net Income

$14,021

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth36th percentile

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

$150K$100K$50K$0Assets 2021: $100,539Net Assets 2021: $100,5392021Assets 2022: $88,452Net Assets 2022: $88,4522022

Highlighted filing

2022

Assets$88,452
Liabilities-
Net Assets$88,452
Open 2022 Filing

Operations Trend

Revenue Growth71st percentile

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

$150K$100K$50K$0Revenue 2021: $100,5392021Revenue 2022: $119,306Expenses 2022: $105,285Net Income 2022: $14,0212022

Highlighted filing

2022

Revenue$119,306
Expenses$105,285
Net Income$14,021
Open 2022 Filing

Filings

Most recent year

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

Open filing
Assets
$88,452
Liabilities
-
Net assets
$88,452
Revenue
$119,306
Expenses
$105,285
Net income
$14,021
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.88$0.88$1.19$1.05$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.01$1.01$1.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$195,742
Mission and Program Overview

Mission

Psmc5 foundation, inc. Is formed for the charitable and educational purpose of sponsoring research and bringing awareness of genetic mutations related to the psmc5 gene. Psmc5 foundation, inc. Furthers its charitable and educational purpose by collaborating with other organizations. Our activities are conducted throughout the year and based in massachusetts. Almost 100% of our total time is allocated to hosting our research-based activities. Our events are conducted by research volunteers. All of the volunteers offer their services as a gift to the community and do not receive any compensation. Psmc5 foundation, inc. Receives the majority of its financial support in the form of contributions from the general public. Psmc5 foundation, inc. Does not operate under any alternate names.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION WAS ONLY RECENTLY FORMED, THEREFORE, NO PROGRAMS HAVE YET BEEN COMPLETED.--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHELLE MYERSPresident-$0--
IDIT SILVERMANTreasurer-$0--
JOSEPH SILVERMANClerk-$0--
Filing and Contact Details

Filer

Filer Name
Psmc5 Foundation Inc
EIN
87-1890681
Phone
7034038331
Address
69 MYSTIC VALLEY PARKWAY, WINCHESTER, MA 01890

Signing Officer

Name
Michelle Myers
Title
President
Phone
7034038331
Signed
2023-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Woolston Consulting LLC
Address
200 SCHULZ DRIVE SUITE 402, RED BANK, NJ 07701
Preparer
Charles T Woolston
Phone
7325420444
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Cambridge university medical research 102,408”

Form 990-ez, Part I, Line 20

“Securities sold 73,242 unrealized losses -20,412 securities purchased -78,938”

Form 990-ez, Part III

“Psmc5 foundation, inc. Is formed for the charitable and educational purpose of sponsoring research and bringing awareness of genetic mutations related to the psmc5 gene. Psmc5 foundation, inc. Furthers its charitable and educational purpose by collaborating with other organizations. Our activities are conducted throughout the year and based in massachusetts. Almost 100% of our total time is allocated to hosting our research-based activities. Our events are conducted by research volunteers. All of the volunteers offer their services as a gift to the community and do not receive any compensation. Psmc5 foundation, inc. Receives the majority of its financial support in the form of contributions from the general public. Psmc5 foundation, inc. Does not operate under any alternate names.”

Raw XML Appendix119 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/PersonNm0MICHELLE MYERS
IRS990EZ/BooksInCareOfDetail/PhoneNum07034038331
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt069 MYSTIC VALLEY PARKWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WINCHESTER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001890
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0100539
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt088452
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0121613
IRS990EZ/CostOrOtherBasisExpenseSaleAmt076436
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt014021
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02877
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0100539
IRS990EZ/Form990TotalAssetsGrp/EOYAmt088452
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-3194
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0102408
IRS990EZ/GrossReceiptsAmt0195742
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0887
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0100539
IRS990EZ/NetAssetsOrFundBalancesEOYAmt088452
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0100539
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt088452
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHELLE MYERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1IDIT SILVERMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOSEPH SILVERMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-26108
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PSMC5 FOUNDATION, INC. IS FORMED FOR THE CHARITABLE AND EDUCATIONAL PURPOSE OF SPONSORING RESEARCH AND BRINGING AWARENESS OF GENETIC MUTATIONS RELATED TO THE PSMC5 GENE. PSMC5 FOUNDATION, INC. FURTHERS ITS CHARITABLE AND EDUCATIONAL PURPOSE BY COLLABORATING WITH OTHER ORGANIZATIONS. OUR ACTIVITIES ARE CONDUCTED THROUGHOUT THE YEAR AND BASED IN MASSACHUSETTS. ALMOST 100% OF OUR TOTAL TIME IS ALLOCATED TO HOSTING OUR RESEARCH-BASED ACTIVITIES. OUR EVENTS ARE CONDUCTED BY RESEARCH VOLUNTEERS. ALL OF THE VOLUNTEERS OFFER THEIR SERVICES AS A GIFT TO THE COMMUNITY AND DO NOT RECEIVE ANY COMPENSATION. PSMC5 FOUNDATION, INC. RECEIVES THE MAJORITY OF ITS FINANCIAL SUPPORT IN THE FORM OF CONTRIBUTIONS FROM THE GENERAL PUBLIC. PSMC5 FOUNDATION, INC. DOES NOT OPERATE UNDER ANY ALTERNATE NAMES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION WAS ONLY RECENTLY FORMED, THEREFORE, NO PROGRAMS HAVE YET BEEN COMPLETED.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt073242
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0105285
IRS990EZ/TotalRevenueAmt0119306
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTP://PSMC5.ORG/
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0121613
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0100539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0222152
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0887
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0222152
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0121613
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0100539
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0222152
IRS990ScheduleA/TotalSupportAmt0222152
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CAMBRIDGE UNIVERSITY MEDICAL RESEARCH 102,408
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SECURITIES SOLD 73,242 UNREALIZED LOSSES -20,412 SECURITIES PURCHASED -78,938
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PSMC5 FOUNDATION, INC. IS FORMED FOR THE CHARITABLE AND EDUCATIONAL PURPOSE OF SPONSORING RESEARCH AND BRINGING AWARENESS OF GENETIC MUTATIONS RELATED TO THE PSMC5 GENE. PSMC5 FOUNDATION, INC. FURTHERS ITS CHARITABLE AND EDUCATIONAL PURPOSE BY COLLABORATING WITH OTHER ORGANIZATIONS. OUR ACTIVITIES ARE CONDUCTED THROUGHOUT THE YEAR AND BASED IN MASSACHUSETTS. ALMOST 100% OF OUR TOTAL TIME IS ALLOCATED TO HOSTING OUR RESEARCH-BASED ACTIVITIES. OUR EVENTS ARE CONDUCTED BY RESEARCH VOLUNTEERS. ALL OF THE VOLUNTEERS OFFER THEIR SERVICES AS A GIFT TO THE COMMUNITY AND DO NOT RECEIVE ANY COMPENSATION. PSMC5 FOUNDATION, INC. RECEIVES THE MAJORITY OF ITS FINANCIAL SUPPORT IN THE FORM OF CONTRIBUTIONS FROM THE GENERAL PUBLIC. PSMC5 FOUNDATION, INC. DOES NOT OPERATE UNDER ANY ALTERNATE NAMES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE MYERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07034038331
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PSMC5 FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PSMC
ReturnHeader/Filer/EIN0871890681
ReturnHeader/Filer/PhoneNum07034038331
ReturnHeader/Filer/USAddress/AddressLine1Txt069 MYSTIC VALLEY PARKWAY
ReturnHeader/Filer/USAddress/CityNm0WINCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001890
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0812919120
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WOOLSTON CONSULTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 SCHULZ DRIVE SUITE 402
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RED BANK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007701
ReturnHeader/PreparerPersonGrp/PhoneNum07325420444
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES T WOOLSTON
ReturnHeader/ReturnTs02023-11-15T11:49:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHELLE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MYERS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.