MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC (EIN 22-3799632)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-10-19
- IRS object ID
- 201522929349300137
- Schema version
- 2014v5.0
- 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 | 2015-10-19T13:09:44-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | 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 | ALEXANDER ARONSON FINNING & CO PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 EAST MAIN STREET | AddressLine1Txt |
| City | WESTBORO | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | 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 | 300 TECHNOLOGY SQUARE 8TH FLOOR | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER ABAIR | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 6176745100 | PhoneNum |
| Signature | 2015-10-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | YEVGENIYA GORLOVSKY-SCHEPP CPA | PreparerPersonNm |
| PTIN | P01485484 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2015-08-25 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | 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 | PETER ABAIR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 TECHNOLOGY SQUARE 8TH FLOOR | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,309,722 | 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 | OUR COMMITMENT IS TO SUPPORT BIOTECHNOLOGY EDUCATION IN MASSACHUSETTS RESIDENTS THROUGH SCHOOL PROGRAMS, WORKFORCE TRAINING AND LIFELONG LEARNING. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 16 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,063,393 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,046,760 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $292,215 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $214,070 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,316 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,442 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,359,924 | PYTotalRevenueAmt |
| CY Total Revenue | $1,265,272 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $271,011 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $183,653 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $539,385 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $642,282 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $18,804 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $574,539 | PYOtherExpensesAmt |
| CY Other Expenses | $476,586 | CYOtherExpensesAmt |
| PY Total Expenses | $1,384,935 | PYTotalExpensesAmt |
| CY Total Expenses | $1,302,521 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$25,011 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$37,249 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,604,585 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,640,726 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $206,450 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $279,840 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,398,135 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,360,886 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | MASS BIOED IS A NON-PROFIT CHARITABLE ORGANIZATION COMMITTED TO SUPPORTING SCIENCE AND BIOTECHNOLOGY EDUCATION IN MASSACHUSETTS THROUGH SCHOOL PROGRAMS, WORKFORCE TRAINING, AND LIFELONG LEARNING | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $519,153 | ExpenseAmt |
| Grant | $181,153 | GrantAmt |
| Desc | THE BIOTEACH PROGRAM IS MASSBIOED'S CORE PROGRAM, PROVIDING TRAINING TO PUBLIC HIGH SCHOOLS TEACHERS THAT ENABLES THEM TO IMPLEMENT HANDS-ON LABORATORY-BASED LESSENS TO THEIR STUDENTS. THE PROGRAM ALSO DELIVERS FUNDS FOR LABORATORY EQUIPMENT AND CONSUMABLE SUPPLIES. BIOTEACH ALSO PROVIDES PARTICIPATING SCHOOLS OPPORTUNITIES FOR STUDENTS TO LEARN ABOUT CAREERS IN BIOTECHNOLOGY THROUGH COMPANY VISIT-BASED CAREER EXPLORATION DAYS AND UNIVERSITY-BASED FUTURES IN LIFE SCIENCES DAYS. TYPICALLY, THE BIOTEACH PROGRAM REACHES 10 NEW SCHOOLS EACH YEAR, WHILE PROVIDING FOLLOW-UP PROGRAMMING TO PAST BIOTEACH SCHOOLS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $164,934 | ExpenseAmt |
| Revenue | $202,320 | RevenueAmt |
| Desc | THE LEARNING CENTER PROVIDES FEE-BASED PROFESSIONAL DEVELOPMENT COURSES TO INCUMBENT INDUSTRY EMPLOYEES IN AN ARRAY OF SUBJECT AREAS RANGING FROM "BIOTECH FOR NON-SCIENTISTS" TO "BIOTECHNOLOGY PROJECT MANAGEMENT". THESE COURSES (TYPICALLY 6-8 DISTINCT COURSE OFFERINGS PER YEAR) ARE PROVIDED USING CONTRACTED INSTRUCTORS. THE COURSES TAKE PLACE IN ONE-DAY AND MULTI-DAY FORMATS AT MASSBIO FACILITIES, MADE AVAILABLE THROUGH AN MOU BETWEEN MASSBIOED AND MASSBIO. IN ADDITION TO REQUIRE COURSE MATERIALS PROVIDED BY MASSBIOED, MEALS ARE PROVIDED TO PARTICIPANTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $196,531 | ExpenseAmt |
| Grant | $2,500 | GrantAmt |
| Desc | PROGRAM DEVELOPMENT FOCUSES ON THE DEVELOPMENT OF PROGRAMS THAT CONNECT THREE KEY MASSBIOED STAKEHOLDERS: THE EDUCATION AND TRAINING COMMUNITY, STATE AGENCIES FOCUSED ON EDUCATION AND TRAINING, AND INDUSTRY. ONE INITIATIVE DEVELOPED IS THE MASSACHUSETTS LIFE SCIENCES EDUCATION CONSORTIUM, WHICH HAS ESTABLISHED INDUSTRY VALIDATION OF COMMUNITY COLLEGE BIOTECHNOLOGY PROGRAMS BY MEANS OF MASSBIOED'S EXTENSIVE WORK IN INVOLVING INDUSTRY EXPERTS IN THE REVIEW OF COMMUNITY COLLEGE CURRICULA AND FACILITATING DIALOGUE WITH COMMUNITY COLLEGE EDUCATORS. PROGRAM DEVELOPMENT ALSO IS CONNECTED WITH ONGOING ACTIVITY WITH STATE GOVERNMENT LEADERS THAT ARE DEVELOPING STEM PROGRAMS ACROSS MASSACHUSETTS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $47,239 | ExpenseAmt |
| Revenue | $11,750 | RevenueAmt |
| Desc | WORKFORCE DEVELOPMENT | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $47,239 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $11,750 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $927,857 | 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 |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| 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 With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| 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 | 20 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| 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 |
| 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 | PETER ABAIR EXECUTIVE DIRECTOR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6176745100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 TECHNOLOGY SQUARE 8TH FLOOR | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| DAVID REIF PHD | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STACIE SAWCHAK AARESTAD | |||||||
| CLERK | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| RENEE CONNOLLY | |||||||
| CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| ROBERT COUGHLIN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $597,062 | $30,965 | ||
| STEVE RICHTER PHD | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALAN WEISS PHD | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DALE BLANK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER BARR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BILL CIAMBRONE | |||||||
| VICE CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| JOHN HODGMAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SRIDARAN NATESAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| COLLEEN DESIMONE | |||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| JOAN ABRAMS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LAUREN CELANO | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBBIE DURSO BUMPUS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT GOTTLIEB | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER MURPHY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LANCE HARTFORD | |||||||
| PRESIDENT | 40.00 | $129,903 | $0 | $10,382 | Yes (X) | ||
| LARISSA FAWKNER | |||||||
| DIRECTOR OF CORPORATE AND COMMUNITY RELATIONS | 40.00 | $105,626 | $0 | $6,664 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $235,529 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $597,062 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $48,011 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $177,555 | FundraisingAmt |
| Government Grants | $117,399 | GovernmentGrantsAmt |
| All Other Contributions | $751,806 | AllOtherContributionsAmt |
| Total Contributions | $1,046,760 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ATTENDANCE FEES | 900099 | $202,320 | $202,320 |
| CONSULTING REVENUE | 900099 | $11,750 | $11,750 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $214,070 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,442 | TotalRevenueColumnAmt |
| Exclusion | $4,442 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $44,450 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $177,555 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $44,450 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,265,272 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $214,070 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,442 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,653 | TotalAmt |
| Program Services | $183,653 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $226,952 | TotalAmt |
| Program Services | $66,789 | ProgramServicesAmt |
| Management And General | $160,163 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $343,446 | TotalAmt |
| Program Services | $291,630 | ProgramServicesAmt |
| Management And General | $51,816 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,211 | TotalAmt |
| Program Services | $7,184 | ProgramServicesAmt |
| Management And General | $3,027 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,840 | TotalAmt |
| Program Services | $20,721 | ProgramServicesAmt |
| Management And General | $119 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,833 | TotalAmt |
| Program Services | $32,100 | ProgramServicesAmt |
| Management And General | $8,733 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,215 | TotalAmt |
| Management And General | $24,215 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,534 | TotalAmt |
| Management And General | $19,534 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,415 | TotalAmt |
| Program Services | $106,867 | ProgramServicesAmt |
| Management And General | $548 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,483 | TotalAmt |
| Management And General | $13 | ManagementAndGeneralAmt |
| Fundraising | $11,470 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,658 | TotalAmt |
| Program Services | $14,680 | ProgramServicesAmt |
| Management And General | $3,472 | ManagementAndGeneralAmt |
| Fundraising | $5,506 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,338 | TotalAmt |
| Fundraising | $1,338 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,604 | TotalAmt |
| Program Services | $6,051 | ProgramServicesAmt |
| Management And General | $4,063 | ManagementAndGeneralAmt |
| Fundraising | $490 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,236 | TotalAmt |
| Management And General | $24,236 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,993 | TotalAmt |
| Management And General | $3,993 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| REIMBURSEMENTS-RELATED | $214,119 | $164,014 | $50,105 |
| EVENT SUPPLIES | $12,622 | $12,166 | $456 |
| FACILITY RENTAL | $12,622 | $12,167 | $455 |
| DUES AND SUBSCRIPTIONS | $7,575 | $7,575 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,172 | TotalAmt |
| Program Services | $2,260 | ProgramServicesAmt |
| Management And General | $912 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,302,521 | TotalAmt |
| Program Services | $927,857 | ProgramServicesAmt |
| Management And General | $355,860 | ManagementAndGeneralAmt |
| Fundraising | $18,804 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,260 | BOYAmt |
| EOY | $10,289 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,372,544 | BOYAmt |
| EOY | $1,451,846 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,912 | BOYAmt |
| EOY | $145,358 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,502 | BOYAmt |
| EOY | $1,602 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $75,957 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $44,326 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,367 | BOYAmt |
| EOY | $31,631 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,604,585 | BOYAmt |
| EOY | $1,640,726 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $205,055 | BOYAmt |
| EOY | $279,045 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,395 | BOYAmt |
| EOY | $795 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $206,450 | BOYAmt |
| EOY | $279,840 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,328,638 | BOYAmt |
| EOY | $1,298,967 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,497 | BOYAmt |
| EOY | $61,919 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,398,135 | BOYAmt |
| EOY | $1,360,886 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,604,585 | BOYAmt |
| EOY | $1,640,726 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$37,249 | 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 | $635,796 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $883,262 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $811,168 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,063,394 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,046,760 | CurrentTaxYearAmt |
| Total | $4,440,380 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $635,796 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $883,262 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $811,168 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,063,394 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,046,760 | CurrentTaxYearAmt |
| Total | $4,440,380 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $793,199 | SubstantialContributorsTotAmt |
| Public Support Total170 | $3,647,181 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,192 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,697 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,107 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,316 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,442 | CurrentTaxYearAmt |
| Total | $36,754 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $4,477,134 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,207,284 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.81460 | PublicSupportCY170Pct |
| Public Support PY170 | 0.79440 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 | $75,957 | OtherCostOrOtherBasisAmt |
| Depreciation | $44,326 | DepreciationAmt |
| Book Value | $31,631 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $31,631 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,246,468 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,246,468 | RevenueSubtotalAmt |
| Other Revenues Not Included | $18,804 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $18,804 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,265,272 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,283,717 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,283,717 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $18,804 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $18,804 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,302,521 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | 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, 2014. THE FOUNDATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | TOTAL FUNDRAISING EXP. NETTED WITH REV. PER AUDITED FINANCIAL STATEMENTS 18,804. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | TOTAL FUNDRAISING EXP. NETTED WITH REV. PER AUDITED FINANCIAL STATEMENTS 18,804. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF TOURNAMENT | Event1Nm |
| Gross Receipts Event1 | $222,005 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $177,555 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $44,450 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $44,450 | RentFacilityCostsEvent1Amt |
| Gross Receipts Total | $222,005 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $177,555 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $44,450 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $44,450 | RentFcltyCostsTotalEventsAmt |
| Direct Expense Summary Events | $44,450 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $0 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (13 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | IRC SectionIRCSectionDesc | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| ATTLEBORO HIGH SCHOOL | ||||||||
| 100 RATHBUN WILLARD DRIVE | ATTLEBORO | MA | 02703 | 170(C)(1) | $10,249 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| BARTLETT JUNIOR SENIOR HIGH SCHOOL | ||||||||
| 52 LAKE PARKWAY | WEBSTER | MA | 01570 | 170(C)(1) | $8,451 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| BEDFORD HIGH SCHOOL | ||||||||
| 9 MUDGE WAY | BEDFORD | MA | 01730 | 170(C)(1) | $15,000 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| BOSTON DAY AND EVENING ACADEMY | ||||||||
| 20 KEARSARGE AVENUE | ROXBURY | MA | 02119 | 170(C)(1) | $5,040 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| CENTRAL HIGH SCHOOL | ||||||||
| 1840 ROOSEVELT | SPRINGFIELD | MA | 01109 | 170(C)(1) | $13,335 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| CHELMSFORD HIGH SCHOOL | ||||||||
| 200 RICHARDSON ROAD | NORTH CHELMSFORD | MA | 01863 | 170(C)(1) | $14,966 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| DIMAN REGIONAL VOCATIONAL TECHNICAL HIGH SCHOOL | ||||||||
| 251 STONEHAVEN ROAD | FALL RIVER | MA | 02723 | 170(C)(1) | $6,032 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| GLOBAL LEARNING CHARTER PUBLIC SCHOOL | ||||||||
| 190 ASHLEY BOULEVARD | NEW BEDFORD | MA | 02746 | 170(C)(1) | $22,792 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| HEALTH & HUMAN SERVICES HIGH SCHOOL | ||||||||
| 70-71 NORTH PARISH ROAD | LAWRENCE | MA | 01843 | 170(C)(1) | $8,629 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| MEDFORD VOCATIONAL TECHNICAL HIGH SCHOOL | ||||||||
| 489 WINTHROP STREET | MEDFORD | MA | 02155 | 170(C)(1) | $14,935 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| MELROSE HIGH SCHOOL | ||||||||
| 360 LYNN FELLS PARKWAY | MELROSE | MA | 02176 | 170(C)(1) | $15,282 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| NORTH HIGH SCHOOL | ||||||||
| 150 HARRINGTON WAY | WORCESTER | MA | 01604 | 170(C)(1) | $10,003 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| WAKEFIELD HIGH SCHOOL | ||||||||
| 60 FARM STREET | WAKEFIELD | MA | 01880 | 170(C)(1) | $17,183 | FAIR MARKET VALUE | LAB SUPPLIES | TO SPARK STUDENT INTEREST IN BIOTECH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 42 | Total501c3OrgCnt |
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 | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | 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 | $597,062 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $10,400 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $20,565 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $0 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $628,027 | 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 4A | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION'S EXECUTIVE DIRECTOR SIGNED A SEPARATION AGREEMENT UPON HIS DEPARTURE IN DECEMBER, 2014, UNDER WHICH HE WILL RECEIVE 8 MONTHS OF SALARY IN 2015 TOTALING TO $86,667. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF FORM 990 WAS EXAMINED AND APPROVED BY THE BOARD OF DIRECTORS 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 XII, LINE 2C | THERE HAVE BEEN NO CHANGES TO OVERSIGHT OF THE AUDIT PROCESSES AND SELECTION OF AN INDEPENDENT ACCOUNTANT. |
| FORM 990, PART V, LINE 2A | MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION HAD 9 EMPLOYEES DURING TAX YEAR 2014. HOWEVER, PAYROLL FOR THESE EMPLOYEES ARE PROCESSED THROUGH MASSACHUSETTS BIOTECHNOLOGY COUNCIL, INC. (RELATED PARTY). THE ARRANGEMENT REQUIRES MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION TO REIMBURSE MASSACHUSETTS BIOTECHNOLOGY COUNCIL, INC. FOR PAYROLL COSTS RELATED TO THESE EMPLOYEES. ALSO SEE SCHEDULE R, PART V. |
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 | 300 TECHNOLOGY SQUARE 8TH 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 | $312,246 | GRANT FROM MASSBIO COUNCIL |
| MASSACHUSETTS BIOTECHNOLOGY COUNCIL | ||
| N | $159,044 | REIMBURSE FOR SHARED FACILITIES |
| MASSACHUSETTS BIOTECHNOLOGY COUNCIL | ||
| P | $642,282 | REIMBURSE MASSBIO FOR PAYROLL |
| MASSACHUSETTS BIOTECHNOLOGY COUNCIL | ||
| O | $55,075 | REIMBURSE FOR SHARED EMPLOYEES |