Metrowest Nonprofit Network Inc
- Assets
- $149.8k
- Revenue
- $248.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Framingham, MA
- Founding
- 02/2011
- Data as of
- 12/2023
- EIN
- 27-2249040
Organization Overview
Metrowest Nonprofit Network Inc is located in Framingham, MA. The organization was established in 2011. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Metrowest Nonprofit Network Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metrowest Nonprofit Network 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 12/2023, Metrowest Nonprofit Network Inc generated $248.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 47.5% each year . All expenses for the organization totaled $250.6k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN AND SUPPORT THE METROWEST NONPROFIT COMMUNITY BY CONNECTING PEOPLE AND THEIR ORGANIZATIONS TO RESOURCES, EXPERTISE AND EACH OTHER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CERTIFICATE FOR NONPROFIT MANAGEMENT - THIS 12 WEEK GRADUATE LEVEL COURSE SUPPORTS THE PROFESSIONAL DEVELOPMENT OF NEXT GENERATION LEADERS AND PROVIDES PATHWAYS FOR EMERGING NONPROFIT LEADERS. THE COURSE IS DESIGNED TO DEVELOP PARTICIPANTS' CONTENT KNOWLEDGE ACROSS NONPROFIT FUNDAMENTALS AND STRENGTHEN THEIR PROFESSIONAL NETWORK TO BETTER ENABLE THEM TO SERVE IN BOTH THEIR CURRENT AND FUTURE POSITIONS.
COMMUNITY BUILDING - "LUNCH AND LEARN" INCLUDES A SERIES OF MEETINGS TO CONNECT LOCAL NONPROFIT PROFESSIONALS TO EACH OTHER AND HELPFUL CONTENT AS EXPERTS PRESENT ON A RANGE OF TIMELY AND RELEVANT TOPICS. IN ADDITION, AFFINITY GROUPS ARE FREE MONTHLY MEETINGS TAILORED FOR PEER-TO-PEER LEARNING TO CREATE A SUPPORTIVE COMMUNITY AND PROVIDE A WELCOMING SPACE FOR SHARING IDEAS, DISCUSSING CHALLENGES, IDENTIFYING BEST PRACTICES, AND NURTURING CRITICAL COLLABORATIONS. THE VOICES OF THE COMMUNITY INITIATIVE IS TO CREATE SYSTEMATIC CHANGE BY FOCUSING ITS EFFORTS ON IMPACTING THE SOCIAL DETERMINANTS OF HEALTH INCLUDING ACCESS TO HEALTH CARE, EDUCATION, NEIGHBORHOOD AND BUILT ENVIRONMENT, ECONOMIC STABILITY, AND THE SOCIAL AND COMMUNITY CONTEXT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Gaulin Board Chair | OfficerTrustee | 5 | $0 |
Liz Garrigan-Byerly Board Vice Chair | OfficerTrustee | 5 | $0 |
Seth Izen Board Clerk | OfficerTrustee | 5 | $0 |
Matt Paradise Board Treasurer | OfficerTrustee | 5 | $0 |
Kate Baker Board Member | Trustee | 1 | $0 |
Marie Beam Board Member | Trustee | 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 | $218,286 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $218,286 |
| Total Program Service Revenue | $30,387 |
| Investment income | $0 |
| 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 | $248,673 |
| 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. | $68,536 |
| Compensation of current officers, directors, key employees. | $6,854 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,999 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,298 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $108,942 |
| Advertising and promotion | $0 |
| Office expenses | $7,018 |
| Information technology | $550 |
| Royalties | $0 |
| Occupancy | $3,140 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,400 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,008 |
| All other expenses | $0 |
| Total functional expenses | $250,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $149,793 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $149,793 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $139,793 |
| Net assets with donor restrictions | $10,000 |
| 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 | $149,793 |