Manufacturing Advancement Center Inc is located in Worcester, MA. The organization was established in 1998. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Manufacturing Advancement Center 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 06/2017, Manufacturing Advancement Center Inc generated $4.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $4.9k during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
PROVIDE TECHNICAL SERVICES TO SMALL MANUFACTURERS TO HELP THEM IMPROVE THEIR PRODUCTIVITY & EFFICIENCY, STIMULATING ECONOMIC GROWTH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Stowe Treasurer | 1 | $0 | |
William Sullivan President | 1 | $0 | |
Ronald Valerio Clerk | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $4,946 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $4,946 |
Statement of Expenses | |
---|---|
Total expenses | $4,946 |
Balance Sheet | |
---|---|
Total assets | $4,657 |
Total liabilities | $0 |
Net assets or fund balances | $4,657 |
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