New England Sci-Tech Inc
- Assets
- $60.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Natick, MA
- Founding
- Data as of
- 12/2022
- EIN
- 82-5114883
Organization Overview
New England Sci-Tech Inc is located in Natick, MA. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Sci-Tech 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 12/2022, New England Sci-Tech Inc generated $145.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 59.2% each year . All expenses for the organization totaled $121.2k during the year ending 12/2022. While expenses have increased by 23.6% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE STEM (SCIENCE, TECHNOLOGY, ENGINEERING & MATH) VIA A WIDE VARIETY OF ENRICHMENT ACTITIVIES, IN-PERSON AND VIRTUAL FOR STUDENTS. APPROX. 2,000 STUDENTS BENEFITED IN 2,020
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert F Phinney President | 72 | $0 | |
Theodore H Reiman Treasurer | 5 | $0 | |
David Kahn Director | 10 | $0 | |
Greg Paul Vice President | 5 | $0 | |
Rashel Masters Director | 5 | $0 | |
Steven Palmer Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,389 |
| Total Program Service Revenue | $91,552 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $145,941 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,188 |
| Occupancy, rent, utilities, and maintenance | $83,462 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,504 |
| Total expenses | $121,154 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,668 |
| Other assets | $0 |
| Total assets | $60,316 |
| Total liabilities | $105,817 |
| Net assets or fund balances | -$45,501 |