MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC (EIN 22-3799632)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-02
- IRS object ID
- 202003079349301685
- Schema version
- 2019v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-02T13:32:54-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042571780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AAFCPAS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 WASHINGTON STREET | AddressLine1Txt |
| City | WESTBOROUGH | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223799632 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS BIOTECHNOLOGY EDUCATION | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MASS | BusinessNameControlTxt |
| Phone | 6176745100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 MAIN STREET 8TH FLOOR | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02142 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SONDRA SCHWARTZ | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 6176745100 | PhoneNum |
| Signature | 2020-10-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS F MULDOON CPA | PreparerPersonNm |
| PTIN | P01561688 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2020-10-27 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 40.70.31.102 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-10-27 | IPDt |
| IP Tm | 11:33:31 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 2DDD31951ED2AB8CB25029F66ABAED5153B45454 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 2A9010E3A6A0BB3B06F86C59D67A72AD6F64F0F5 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSBIOED | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SONDRA SCHWARTZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 MAIN STREET 8TH FLOOR | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02142 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,391,194 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MASSBIOED.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | MASSBIOED'S MISSION IS TO BUILD A SUSTAINABLE LIFE SCIENCES WORKFORCE IN THE REGION THROUGH EDUCATIONAL PROGRAMS THAT ENGAGE AND EXCITE TEACHERS, INSPIRE, AND PROPEL STUDENTS, AND ILLUMINATE THE PATHWAY FROM THE CLASSROOM TO CAREERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 199 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,878,076 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,947,738 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $249,600 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $285,722 | CYProgramServiceRevenueAmt |
| PY Investment Income | $20,107 | PYInvestmentIncomeAmt |
| CY Investment Income | $45,404 | CYInvestmentIncomeAmt |
| PY Other Revenue | $8,631 | PYOtherRevenueAmt |
| CY Other Revenue | -$18,504 | CYOtherRevenueAmt |
| PY Total Revenue | $2,156,414 | PYTotalRevenueAmt |
| CY Total Revenue | $4,260,360 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $61,664 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $43,525 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $646,772 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $743,826 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $49,026 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $709,050 | PYOtherExpensesAmt |
| CY Other Expenses | $2,601,760 | CYOtherExpensesAmt |
| PY Total Expenses | $1,417,486 | PYTotalExpensesAmt |
| CY Total Expenses | $3,389,111 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $738,928 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $871,249 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,611,534 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,228,952 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $270,742 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,016,911 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,340,792 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,212,041 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | MASSBIOED'S MISSION IS TO BUILD A SUSTAINABLE LIFE SCIENCES WORKFORCE IN THE REGION THROUGH EDUCATIONAL PROGRAMS THAT ENGAGE AND EXCITE TEACHERS, INSPIRE, AND PROPEL STUDENTS, AND ILLUMINATE THE PATHWAY FROM THE CLASSROOM TO CAREERS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $674,410 | ExpenseAmt |
| Grant | $43,525 | GrantAmt |
| Revenue | $13,100 | RevenueAmt |
| Desc | THE BIOTEACH PROGRAM FOCUSES ON STRENGTHENING THE ABILITY OF TEACHERS TO DELIVER LAB-CENTERED, INQUIRY-BASED LESSONS IN BIOTECHNOLOGY IN THEIR CLASSROOMS. THE PROGRAM INTRODUCES TEACHERS TO BASIC CONCEPTS IN BIOLOGY AND BIOTECHNOLOGY WITH SPECIFIC LABORATORY-BASED CURRICULA DESIGNED FOR TEACHING CONCEPTS. THE PROGRAM OFFERS FREE PROFESSIONAL DEVELOPMENT WORKSHOPS FOR EDUCATORS; TRAINING, CURRICULA, AND ON AND OFF-SITE MENTORING TO NEWLY TRAINED TEACHERS; AND, ASSISTANCE TO TEACHERS WITH CONTENT ACQUISITION, AND PREPARATION AND EXECUTION OF CLASSROOM ACTIVITIES. THE PROGRAM ALSO OFFERS GRANTS FOR LAB EQUIPMENT, SUPPLIES AND MATERIALS. STUDENTS ARE INTRODUCED TO CAREERS THROUGH CAREER AMBASSADOR VOLUNTEERS WHO VISIT SCHOOLS, AND ENGAGEMENT EVENTS HELD AT COLLEGES AND COMPANIES.IN THE 2018-19 SCHOOL YEAR, BIOTEACH PROVIDED 20 WORKSHOPS FOR 210 TEACHERS FROM 112 SCHOOLS. OVER THE 2018-2019 SCHOOL YEAR, 99% OF THESE TEACHERS INCORPORATED NEW BIOTEACH LABS IN THEIR CLASSROOMS. IN ADDITION, 1,082 STUDENTS PARTICIPATED IN COLLEGE AND CAREER EXPLORATION EVENTS. BIOTEACH HAD EXPENSES OF $674,410 IN 2019. OUR ACCESS (ALIGNED CURRICULAR & CAREER EXPERIENCES FOR SECONDARY SCIENCE) PROGRAM REACHED 520 STUDENTS, AND OUR TOTE (TAKE OUT TRAINING & EQUIPMENT) LENDING PROGRAM REACHED OVER 350 STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $205,344 | ExpenseAmt |
| Revenue | $8,725 | RevenueAmt |
| Desc | BIOTALENT INCLUDED SEVERAL DIFFERENT PROGRAMS FOCUSED ON UNDERSTANDING, BUILDING, AND SUPPORTING WORKFORCE DEVELOPMENT AND CAREER AWARENESS. ACTIVITIES INCLUDED:A. JOB TRENDS INITIATIVES PROVIDE JOB TREND ANALYSIS AND A GREATER UNDERSTANDING OF THE INDUSTRY'S WORKFORCE NEEDS IN TERMS OF SKILLS TO EDUCATORS AND THOSE IN INDUSTRY. IN 2019, MASSBIOED PUBLISHED ONE JOB TRENDS REPORT, THE 2019 MASSACHUSETTS LIFE SCIENCES EMPLOYMENT OUTLOOK, AND CONVENED THE LIFE SCIENCES WORKFORCE 2019 CONFERENCE IN MAY, WHICH ATTRACTED OVER 220 PARTICIPANTS. B. OUR PROFESSIONAL TRAINING COURSES PROVIDE TECHNICAL AND SOFT SKILLS TRAINING AND DEVELOPMENT TO INDIVIDUALS IN THE INDUSTRY. THE COURSES ARE DEVELOPED IN CONJUNCTION WITH INDUSTRY PROFESSIONALS AND INCLUDE BIOTECH 101, BIOTECHNOLOGY PROJECT MANAGEMENT, AND LEADERSHIP DEVELOPMENT. IN 2019, 220 INDIVIDUALS PARTICIPATED IN PROFESSIONAL TRAINING COURSES.WORKFORCE DEVELOPMENT ACTIVITIES HAD EXPENSES OF $205,344 IN 2019. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,024,605 | ExpenseAmt |
| Desc | THE HENRI A. TERMEER COMMITTEE WAS ESTABLISHED TO MANAGE THE AFFAIRS OF THE PROJECT TO COMMISSION PABLO EDUARDO TO CREATE A SCULPTURE OF HENRI TERMEER FOR PUBLIC VIEWING AND EDUCATION IN TERMEER SQUARE, THE SCULPTURE WILL, AMONG OTHER THINGS, FURTHER THE GREATER PUBLIC UNDERSTANDING OF BIOTECHNOLOGY AND FOSTER OTHER EDUCATIONAL PURPOSES. THE ESTABLISHED HENRI A. TERMEER AWARD HAS TWO COMPONENTS IN THE SPIRIT OF INSPIRING DECADES OF FUTURE DISCOVERIES, DEVELOPMENT EFFORTS, NEW THERAPIES FOR PATIENTS IN NEED AND ETHICAL, ENTREPRENEURIAL LEADERSHIP IN BIOTECH - STARTING AT THE GRASS ROOTS WITH TEACHERS AND STUDENTS. FOR THE NEXT TEN YEARS, THERE IS $50,000 CURRENTLY EARMARKED TO AWARD $5,000 PER YEAR TO 2 AWARDS: (1) THE HENRI A. TERMEER AWARD FOR HIGH SCHOOL TEACHERS AND (2) THE HENRI A. TERMEER AWARD FOR HIGH SCHOOL SENIORS PURSUING FURTHER EDUCATION IN STEM. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|
| $137,819 | $272,052 | CORPORATE PROFESSIONAL DEVELOPMENT (CPD) PROGRAM PROVIDES PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR INCUMBENT WORKERS AND THOSE INTERESTED IN CAREERS IN THE INDUSTRY. |
| $88,920 | OUTREACH PROGRAM - FOCUSES ON THE DEVELOPMENT OF PROGRAMS THAT CONNECTTHREE KEY MASSBIOED STAKEHOLDERS: THE EDUCATION AND TRAINING COMMUNITY,STATE AGENCIES FOCUSED ON EDUCATION AND TRAINING, AND INDUSTRY. ONEINITIATIVE DEVELOPED IS THE MASSACHUSETTS LIFE SCIENCES EDUCATIONCONSORTIUM, WHICH HAS ESTABLISHED INDUSTRY VALIDATION OF COMMUNITYCOLLEGE BIOTECHNOLOGY PROGRAMS BY MEANS OF MASSBIOED'S EXTENSIVE WORKIN INVOLVING INDUSTRY EXPERTS IN THE REVIEW OF COMMUNITY COLLEGECURRICULA AND FACILITATING DIALOGUE WITH COMMUNITY COLLEGE EDUCATORS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $226,739 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $272,052 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $3,131,098 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 14 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SONDRA SCHWARTZ EXECUTIVE DIRECTOR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6176745100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 MAIN STREET 8TH FLOOR | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02142 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|---|
| ROBERT COUGHLIN | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $818,945 | $338,224 | ||
| MICHELLE MISCHKE | ||||||||
| DIRECTOR OF BIOTECH | 40.00 | $109,007 | $0 | $9,621 | Yes (X) | |||
| CHRISTOPHER MURPHY | ||||||||
| DIRECTOR,CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| STACIE SAWCHAK AARESTAD | ||||||||
| DIRECTOR, CLERK | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DAVID REIF PHD | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVE RICHTER PHD | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SRIDARAN NATESAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOAN ABRAMS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LAUREN CELANO | ||||||||
| DIRECTOR, VICE CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DEBBIE DURSO-BUMPUS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT GOTTLIEB | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MELISSA MANGANELO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BENJAMIN BENTON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RYAN COHLHEPP | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KRISTIN GOPPEL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARY ELLEN WILTROUT | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BILL CIAMBRONE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL LEVY | ||||||||
| DIRECTOR, TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| SONDRA SCHWARTZ | ||||||||
| EXECUTIVE DIRECTOR | 40.00 | $105,357 | $0 | $11,025 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $214,364 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $818,945 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $358,870 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SUFFOLK CONSTRUCTION COMPANY | |||||
| 25 MOULTON STREET | CAMBRIDGE | MA | 02138 | CONSTRUCTION AND GENERAL CONTRACTOR | $1,083,661 |
| STANTEC PLANNING AND LANDSCAPING ARCHITT | |||||
| 311 SUMMER STREET | BOSTON | MA | 02210 | TERMEER ARCHITECT | $205,515 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $199,750 | FundraisingAmt |
| All Other Contributions | $3,747,988 | AllOtherContributionsAmt |
| Total Contributions | $3,947,738 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ATTENDANCE FEES | 900099 | $272,822 | $272,822 |
| CONSULTING REVENUE | 900099 | $12,900 | $12,900 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $285,722 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $45,404 | TotalRevenueColumnAmt |
| Exclusion | $45,404 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $104,175 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $199,750 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $130,834 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$26,659 | TotalRevenueColumnAmt |
| Exclusion | -$26,659 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $8,155 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,155 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $8,155 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,260,360 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $293,877 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $18,745 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,525 | TotalAmt |
| Program Services | $43,525 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $266,317 | TotalAmt |
| Program Services | $188,565 | ProgramServicesAmt |
| Management And General | $70,187 | ManagementAndGeneralAmt |
| Fundraising | $7,565 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $372,686 | TotalAmt |
| Program Services | $328,923 | ProgramServicesAmt |
| Management And General | $24,083 | ManagementAndGeneralAmt |
| Fundraising | $19,680 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,091 | TotalAmt |
| Program Services | $13,997 | ProgramServicesAmt |
| Management And General | $6,010 | ManagementAndGeneralAmt |
| Fundraising | $1,084 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,554 | TotalAmt |
| Program Services | $20,919 | ProgramServicesAmt |
| Management And General | $8,608 | ManagementAndGeneralAmt |
| Fundraising | $2,027 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,178 | TotalAmt |
| Program Services | $43,052 | ProgramServicesAmt |
| Management And General | $6,976 | ManagementAndGeneralAmt |
| Fundraising | $2,150 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,133 | TotalAmt |
| Management And General | $23,133 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,167,588 | TotalAmt |
| Program Services | $2,141,009 | ProgramServicesAmt |
| Management And General | $26,579 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,500 | TotalAmt |
| Program Services | $1,500 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,103 | TotalAmt |
| Program Services | $19,705 | ProgramServicesAmt |
| Management And General | $5,246 | ManagementAndGeneralAmt |
| Fundraising | $4,152 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,768 | TotalAmt |
| Program Services | $7,768 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,359 | TotalAmt |
| Management And General | $3,359 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| REIMBURSEMENTS-RELATED | $274,287 | $232,297 | $29,765 | $12,225 |
| EVENT SUPPLIES | $72,539 | $69,451 | $3,088 | |
| DUES AND SUBSCRIPTIONS | $12,419 | $12,419 | ||
| MISCELLANEOUS | $7,795 | $5,968 | $1,684 | $143 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,269 | TotalAmt |
| Program Services | $2,000 | ProgramServicesAmt |
| Management And General | $269 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,389,111 | TotalAmt |
| Program Services | $3,131,098 | ProgramServicesAmt |
| Management And General | $208,987 | ManagementAndGeneralAmt |
| Fundraising | $49,026 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,045 | BOYAmt |
| EOY | $129,178 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,505,389 | BOYAmt |
| EOY | $3,970,961 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,000 | BOYAmt |
| EOY | $98,219 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,100 | BOYAmt |
| EOY | $8,094 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $98,457 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $75,957 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $22,500 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,611,534 | BOYAmt |
| EOY | $4,228,952 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $253,882 | BOYAmt |
| EOY | $1,007,298 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,860 | BOYAmt |
| EOY | $9,613 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $270,742 | BOYAmt |
| EOY | $1,016,911 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,631,562 | BOYAmt |
| EOY | $1,713,037 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $709,230 | BOYAmt |
| EOY | $1,499,004 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,340,792 | BOYAmt |
| EOY | $3,212,041 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,611,534 | BOYAmt |
| EOY | $4,228,952 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $871,249 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,102,380 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $950,797 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,159,786 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,878,076 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,947,738 | CurrentTaxYearAmt |
| Total | $9,038,777 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,102,380 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $950,797 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,159,786 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,878,076 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,947,738 | CurrentTaxYearAmt |
| Total | $9,038,777 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $749,210 | SubstantialContributorsTotAmt |
| Public Support Total170 | $8,289,567 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,670 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,312 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,634 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $20,107 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $45,404 | CurrentTaxYearAmt |
| Total | $86,127 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $24,864 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,983 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,155 | CurrentTaxYearAmt |
| Total | $43,002 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $9,167,906 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,175,539 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.90420 | PublicSupportCY170Pct |
| Public Support PY170 | 0.81270 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS REVENUE - 2017 AMOUNT: $ 24,864. 2018 AMOUNT: $ 9,983. 2019 AMOUNT: $ 8,155. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $98,457 | OtherCostOrOtherBasisAmt |
| Depreciation | $75,957 | DepreciationAmt |
| Book Value | $22,500 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $22,500 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $4,260,360 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,260,360 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,260,360 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,389,111 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,389,111 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,389,111 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2019. THE FOUNDATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF TOURNAMENT | Event1Nm |
| Gross Receipts Event1 | $236,150 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $143,000 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $93,150 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $46,080 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $30,472 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $35,271 | OtherDirectExpensesEvent1Amt |
| Event2 | RECEPTION | Event2Nm |
| Gross Receipts Event2 | $67,775 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $56,750 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $11,025 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $18,409 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $602 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $303,925 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $199,750 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $104,175 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $46,080 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $48,881 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $35,873 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $130,834 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$26,659 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|
| BOSTON PREP CHARTER PUBLIC SCHOOL | |||||||||
| 885 RIVER STREET | BOSTON | MA | 02136 | 170(C)(1) | $0 | $12,269 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| INNOVATION ACADEMY CHARTER SCHOOL | |||||||||
| 72 TYNG ROAD | TYNGSBOROUGH | MA | 01879 | 170(C)(1) | $5,943 | $0 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| WOBURN HS | |||||||||
| 88 MONTVALE AVENUE | WOBURN | MA | 01801 | 170(C)(1) | $565 | $5,228 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| MOUNT SAINT CHARLES | |||||||||
| 800 LONGEE STREET | WOONSOCKET | RI | 02895 | 170(C)(1) | $0 | $5,658 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | SCHOOL GRANTS ARE AWARDED BASED ON EVALUATION OF APPLICATIONS. GRANTS ARE MONITORED BY STAFF TO DETERMINE HOW THE FUNDS ARE USED AND STAFF ALSO ASSESS THE NUMBER OF TEACHERS TRAINED AND THE NUMBER OF CLASSES REACHED. IN ADDITION, STAFF EVALUATES AND APPROVES ORDERS FOR MATERIALS AND SUPPLIES BEFORE BEING SENT TO VENDORS FOR PROCESSING. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT COUGHLIN | PersonNm |
| Title | DIRECTOR | TitleTxt |
| Base Compensation Filing Org | $0 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $598,945 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $220,000 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $311,200 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $27,024 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $0 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $1,157,169 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | MASSACHUSETTS BIOTECHNOLOGY COUNCIL, INC. (SEE SCHEDULE R), MAINTAINS A SENIOR EXECUTIVE RETIREMENT PROGRAM (SERP) TO PROVIDE SUPPLEMENTAL RETIREMENT BENEFITS TO ITS PRESIDENT/CEO, ROBERT COUGHLIN, WHO IS A BOARD MEMBER OF THE FOUNDATION. THERE WERE NO DISTRIBUTIONS THROUGH THIS PLAN IN 2019. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF FORM 990 WAS EXAMINED AND APPROVED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS AND WAS MADE AVAILABLE TO THE FULL BOARD AT A BOARD MEETING. |
| FORM 990, PART VI, SECTION B, LINE 12C | MONITORED THROUGH BOARD VOTES AND GENERAL OVERSIGHT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE ON AN ANNUAL BASIS AND DETERMINES SALARY BASED ON PERFORMANCE. THE EXECUTIVE DIRECTOR REVIEWS ALL OTHER STAFF'S PERFORMANCE AND DETERMINES SALARY. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL DOCUMENTS ARE OF PUBLIC RECORD AND ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | CONSULTING: PROGRAM SERVICE EXPENSES 2,141,009. MANAGEMENT AND GENERAL EXPENSES 26,579. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,167,588. |
| FORM 990, PART V, LINE 2A: | THERE HAVE BEEN NO CHANGES TO OVERSIGHT OF THE AUDIT PROCESSES AND SELECTION OF AN INDEPENDENT ACCOUNTANT. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS BIOTECHNOLOGY COUNCIL INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 TECHNOLOGY SQUARE 5TH FLOOR | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222693047 | EIN |
| Primary Activities | PERMITTING AND FOSTERING POSITIVE ENVIRONMENT FOR THE BIOTECHNOLOGY INDUSTRY | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Exempt Code Section | 501 (C)(6) | ExemptCodeSectionTxt |
| Public Charity Status | NO | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| MASSACHUSETTS BIOTECHNOLOGY COUNCIL | ||
| C | $443,819 | GRANTS FROM MASSBIO COUNCIL |
| MASSACHUSETTS BIOTECHNOLOGY COUNCIL | ||
| N | $238,670 | REIMBURSE FOR SHARED FACILITIES |
| MASSACHUSETTS BIOTECHNOLOGY COUNCIL | ||
| P | $743,826 | REIMBURSE MASSBIO FOR PAYROLL |
| MASSACHUSETTS BIOTECHNOLOGY COUNCIL | ||
| O | $35,617 | REIMBURSE FOR SHARED EMPLOYEES |