Mediation Works Inc
- Assets
- $2.6m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 8
- Location
- Boston, MA
- Founding
- 06/1995
- Data as of
- 06/2024
- EIN
- 04-3250315
Organization Overview
Mediation Works Inc is located in Boston, MA. The organization was established in 1995. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2024, Mediation Works Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mediation Works Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Mediation Works Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $2.3m during the year ending 06/2024. While expenses have increased by 5.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
DISPUTE RESOLUTION SERVICES & TRAINING
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISPUTE RESOLUTION (MEDIATION, NEGOTIATION, CONFLICT RESOLUTION AND RESOLUTION FACILITATION), TRAINING PROGRAMS, AND WORKSHOPS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles P Doran Executive Director | OfficerTrustee | 40 | $358,494 |
Matthew Bruce Treasurer | OfficerTrustee | 1 | $0 |
Nnena Odim Clerk | OfficerTrustee | 1 | $0 |
Thomas Marton President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,000 |
| Total Program Service Revenue | $2,492,563 |
| Investment income | $720 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,549,283 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $395,833 |
| Compensation of current officers, directors, key employees. | $98,958 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $764,593 |
| Pension plan accruals and contributions | $53,882 |
| Other employee benefits | $47,977 |
| Payroll taxes | $67,724 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,393 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $426,076 |
| Advertising and promotion | $0 |
| Office expenses | $7,622 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $134,170 |
| Travel | $46,054 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,525 |
| Insurance | $10,219 |
| All other expenses | $29,418 |
| Total functional expenses | $2,339,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,007,944 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $421,813 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,907 |
| Net Land, buildings, and equipment | $6,234 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $166,245 |
| Total assets | $2,604,143 |
| Accounts payable and accrued expenses | $167,712 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $147,399 |
| Total liabilities | $315,111 |
| Net assets without donor restrictions | $2,289,032 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,604,143 |