Civic Intelligence

Middleborough Benefactors Initiative Inc

EIN 93-4137628 • 501(c)3 • Middleboro, MA

Profile

To engage in chartiable efforts benefitting residents, businesses and organizations based in the town of middleborough

49 North Main Street Suite 1Middleboro, MA 02346

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

53rd percentile

3.2%

Higher net margin than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

82nd percentile

42%

Faster revenue growth than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$7,640

Up $840 (+12%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$7,640

Up $840 (+12%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin53rd percentile

Revenue

Up

$25,913

Up $7,656 (+42%) from 2023

Expenses

Up

$25,073

Up $13,616 (+119%) from 2023

Net Income

Down

$840

Down $5,960 (-88%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth70th percentile

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2023: $6,800Liabilities 2023: $0Net Assets 2023: $6,8002023Assets 2024: $7,640Liabilities 2024: $0Net Assets 2024: $7,6402024

Highlighted filing

2024

Assets$7,640
Liabilities$0
Net Assets$7,640
Open 2024 Filing

Operations Trend

Revenue Growth82nd percentile

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

$30K$20K$10K$0Revenue 2023: $18,257Expenses 2023: $11,457Net Income 2023: $6,8002023Revenue 2024: $25,913Expenses 2024: $25,073Net Income 2024: $8402024

Highlighted filing

2024

Revenue$25,913
Expenses$25,073
Net Income$840
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,640
Liabilities
$0
Net assets
$7,640
Revenue
$25,913
Expenses
$25,073
Net income
$840
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.64$0.00$7.64$25.9$25.1$0.84
2023Detailed filing. Detailed filing data is available for this year.$6.80$0.00$6.80$18.3$11.5$6.80
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$25,913
Mission and Program Overview

Mission

To engage in chartiable efforts benefitting residents, businesses and organizations based in the town of middleborough

Program Services

DescriptionGrantsExpenses
PROVIDING BENEFITS TO THE PEOPLE OF MIDDLEBOROUGH$15,000$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CRAIG PERSECHINIPresident-$0--
MATTHEW MALOFFTreasurer-$0--
PATRICK BRADYClerk-$0--
KYLE LORTIESergeant At Arms-$0--
Filing and Contact Details

Filer

Filer Name
Middleborough Benefactors Initiative Inc
EIN
93-4137628
Phone
7814495825
Address
49 NORTH MAIN STREET SUITE 1, MIDDLEBORO, MA 02346

Signing Officer

Name
Patrick Brady
Title
Director
Phone
7814495825
Signed
2025-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Waldron H Rand & Co Pc
Address
850 WASHINGTON ST SUITE 200, DEDHAM, MA 02026
Preparer
Thomas Barrick
Phone
7814495825
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: . Grantee name: town of middleborough . Grantee address: 48 s main street middleborough, ma 01949. Date of gift: 04/22/24. Amount given: 15,000.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: uniforms. Amount: 1,073. Description: golf fees. Amount: 6,440. Description: meals. Amount: 2,560. Total to form 990-ez, line 16: 10,073.”

Raw XML Appendix140 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum07814495825
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt049 NORTH MAIN STREET SUITE 1
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MIDDLEBOROUGH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002346
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06800
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07640
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt015000
IRS990EZ/GrossReceiptsAmt025913
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06800
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07640
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06800
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07640
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CRAIG PERSECHINI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MATTHEW MALOFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PATRICK BRADY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KYLE LORTIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SERGEANT AT ARMS
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt010073
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO ENGAGE IN CHARTIABLE EFFORTS BENEFITTING RESIDENTS, BUSINESSES AND ORGANIZATIONS BASED IN THE TOWN OF MIDDLEBOROUGH
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING BENEFITS TO THE PEOPLE OF MIDDLEBOROUGH
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt015000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt025913
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt025913
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt018527
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt044440
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt044440
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt025913
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt018527
IRS990ScheduleA/Total509Grp/TotalAmt044440
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt025913
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt018527
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt044440
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: . GRANTEE NAME: TOWN OF MIDDLEBOROUGH . GRANTEE ADDRESS: 48 S MAIN STREET MIDDLEBOROUGH, MA 01949. DATE OF GIFT: 04/22/24. AMOUNT GIVEN: 15,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: UNIFORMS. AMOUNT: 1,073. DESCRIPTION: GOLF FEES. AMOUNT: 6,440. DESCRIPTION: MEALS. AMOUNT: 2,560. TOTAL TO FORM 990-EZ, LINE 16: 10,073.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICK BRADY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07814495825
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDDLEBOROUGH BENEFACTORS INITIATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0MIDD
ReturnHeader/Filer/EIN0934137628
ReturnHeader/Filer/PhoneNum07814495825
ReturnHeader/Filer/USAddress/AddressLine1Txt049 NORTH MAIN STREET SUITE 1
ReturnHeader/Filer/USAddress/CityNm0MIDDLEBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002346
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042759781
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WALDRON H RAND & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0850 WASHINGTON ST SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DEDHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002026
ReturnHeader/PreparerPersonGrp/PhoneNum07814495825
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS BARRICK
ReturnHeader/ReturnTs02025-11-12T09:24:49-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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