Manufacturing Advancement Center Inc
- Assets
- $4.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 04/1998
- Data as of
- 06/2017
- EIN
- 04-3406195
Organization Overview
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 2 years, the organization has seen revenues fall by an average of (7.9%) 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 (10.4%) per year over the past 2 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.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Valerio Clerk | 1 | $0 | |
John Stowe Treasurer | 1 | $0 | |
William Sullivan President | 1 | $0 |
Financial Statements
| 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 | |
|---|---|
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,946 |
| Total expenses | $4,946 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,657 |
| Other assets | $0 |
| Total assets | $4,657 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,657 |