Machine Science Inc
- Assets
- $22.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, MA
- Founding
- 06/2002
- Data as of
- 12/2018
- EIN
- 04-3566815
Organization Overview
Machine Science Inc is located in Newton, MA. The organization was established in 2002. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Machine Science 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 12/2018, Machine Science Inc generated $2.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (60.3%) each year. All expenses for the organization totaled $62.7k during the year ending 12/2018. 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
2018
Describe the Organization's Program Activity:
Part 3
SUPPORTING HANDS ON ENGINEERING PROGRAMS FOR YOUNG PEOPLE IN SCHOOLS, COMMUNITY CENTERS, MUSEUMS,AND OTHER EDUCATIONAL INSITITUTIONS IN THE BOSTON AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Christy President | 1 | $0 | |
Ivan Rudnicki Clerk | 1 | $0 | |
Samantha Michalka Treasurer | 2 | $0 | |
Saadia Baloch Executive Director | 20 | $30,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,316 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,316 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,000 |
| Professional fees and other payments to independent contractors | $1,598 |
| Occupancy, rent, utilities, and maintenance | $2,789 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,343 |
| Total expenses | $62,730 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,253 |
| Other assets | $0 |
| Total assets | $22,253 |
| Total liabilities | $528 |
| Net assets or fund balances | $21,725 |