Metrowest Nonprofit Network Inc
- Assets
- $151.7k
- Revenue
- $327.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Framingham, MA
- Founding
- 02/2011
- Data as of
- 12/2022
- 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 12/2022, Metrowest Nonprofit Network Inc employed 2 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 12/2022, Metrowest Nonprofit Network Inc generated $327.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 45.2% each year . All expenses for the organization totaled $313.3k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN NONPROFIT ORGANIZATIONS BY IMPROVING COMMUNICATION, SHARING IDEAS AND INFORMATION AND PROVIDING EXPERTISE ON TOPICS OF MUTUAL INTEREST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CERTIFICATE FOR NONPROFIT MANAGEMENT - A COURSE DESIGNED FOR INDIVIDUALS SEEKING TO CHANGE CAREERS AND ENTER THE NONPROFIT SECTOR. THE COURSE SUPPORTS THE PROFESSIONAL DEVELOPMENT OF NEXT-GENERATION LEADERS AND PROVIDES PATHWAYS FOR EMERGING LEADERS.
COMMUNITY BUILDING - A SERIES OF MEETINGS OF LOCAL NONPROFITS AND INVITED GUESTS TO DIG DEEPER ON TOPICS THAT ARE TIMELY AND RELEVANT. THE INFORMAL FACILITATED GROUP MEETS EACH MONTH AND OFFERS A SENSE OF COMMUNITY THAT DIMINISHES THE ISOLATION THAT "LONE RANGERS" SOMETIMES FEEL, ESPECIALLY IN A CLIMATE OF GROWING DEMANDS AND SHRINKING RESOURCES. IN ADDITION, THE VOICES OF THE COMMUNITY INITIATIVE FOCUSES ON MEETING THE NEEDS OF THE RESIDENTS OF SOUTH EAST FRAMINGHAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna C Cross Executive Director | OfficerTrustee | 40 | $61,559 |
Nancy Gaulin Chair | OfficerTrustee | 5 | $0 |
Seth Izen Clerk | OfficerTrustee | 5 | $0 |
Elizabeth Garrigan-Byerly Vice Chair | OfficerTrustee | 5 | $0 |
Matthew Paradise Treasurer | OfficerTrustee | 5 | $0 |
Marie Beam Director | 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 | $301,417 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $301,417 |
| Total Program Service Revenue | $26,400 |
| 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 | $327,817 |
| 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. | $61,559 |
| Compensation of current officers, directors, key employees. | $6,156 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,288 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,870 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,995 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $164,562 |
| Advertising and promotion | $0 |
| Office expenses | $12,676 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,277 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,958 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,305 |
| All other expenses | $0 |
| Total functional expenses | $313,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,743 |
| 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 | $151,743 |
| 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 | $135,960 |
| Net assets with donor restrictions | $15,783 |
| 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 | $151,743 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Metrowest Nonprofit Network Inc has recieved totaling $387,115.
| Awarding Organization | Amount |
|---|---|
Metrowest Health Foundation Inc Framingham, MA PURPOSE: VOICES OF THE COMMUNITY (VTC) | $117,358 |
Metrowest Health Foundation Inc Framingham, MA PURPOSE: VOICES OF THE COMMUNITY (VTC) | $117,358 |
Metrowest Health Foundation Inc Framingham, MA PURPOSE: VOICES OF THE COMMUNITY | $107,399 |
Foundation For Metrowest Inc Natick, MA PURPOSE: GENERAL SUPPORT | $25,000 |
Middlesex Savings Charitable Foundation Inc Natick, MA PURPOSE: EXEMPT PURPOSE | $10,000 |
Sudbury Foundation Sudbury, MA PURPOSE: COMMUNITY | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fidelity Non-Profit Management Foundation Boston, MA | $2,237,901,889 | $256,876,248 |
The Bridgespan Group Inc Boston, MA | $174,186,501 | $94,948,133 |
Grhs Foundation Inc Rochester, NY | $150,651,211 | $43,275,253 |
Hispanic Federation Inc New York, NY | $50,299,555 | $50,097,384 |
Common Fund For Non-Profit Organizations Wilton, CT | $4,189,942,831 | $274,004,992 |
Affiliates Risk Management Services Inc New York, NY | $25,877,262 | $29,825,362 |
New Profit Inc Boston, MA | $113,525,114 | $77,118,974 |
Nonprofit Finance Fund New York, NY | $319,614,124 | $35,516,704 |
Npower Inc Brooklyn, NY | $16,868,984 | $22,673,461 |
Program Development Services Inc Brooklyn, NY | $16,969,361 | $21,610,144 |
Project Social Care Head Start Brooklyn, NY | $6,318,610 | $20,235,501 |
Race Forward New York, NY | $41,775,681 | $35,206,795 |