Modbus Organization INC FY2021 filing

Not tax-deductible

Boxborough, MA501(c)(6)Community DevelopmentEIN 57-1136802Revenue $100K in FY2021

On file with the IRSmodbus.org85 Swanson Rd Ste 135, 01719-1443 · Boxborough, MATax-exempt since Feb 2005

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A group of independent users and suppliers that seeks to drive the adoption of the Modbus communication protocol suite through education, promotion and standards development activities.

100¢ of each $1 spent went to programs.
$67K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $20K a year · 23% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$67K
to officers and key staff · 64% of spending
Concern: pay to officers and key staff is 64% of spending; over 30%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$100K
-19% vs prior year
Spent
$104K
To programs
100%
Net assets
$98K
By yearFY2020–FY2024
Revenue
$100K
FY2021▼ -19%
Tap a bar for its year
Revenue by fiscal year
FY2020$124K
FY2021$100K
FY2022$31K
FY2023$84K
FY2024$102K
Expenses
$104K
FY2021▼ -8%
Tap a bar for its year
Expenses by fiscal year
FY2020$113K
FY2021$104K
FY2022$72K
FY2023$20K
FY2024$33K
Net assets
$98K
FY2021▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$101K
FY2021$98K
FY2022$56K
FY2023$121K
FY2024$190K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $104K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $67K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$66,856Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

James Dinanno’s $16K as Executive Director is at the 9th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2022FY2021FY2020
Lenore V Tracey—$66,856$63,630
James Dinanno$16,000——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes Modbus protocol adoption through education, promotion, and standards.

Provided by the organization

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3 programs · $104K · in their own filed words · FY2021
01

Primary focus providing multimedia communication platforms which support our mission. These platforms include the MODBUS.ORG website, maintenance of an electronic forum on the technology, and interaction primarily through email responding to questions on the specifications.

$104Kprogram expense
02

Modbus continued to maintain and further develop its website, MODBUS.ORG. On this site users can freely download the specifications and implementation guides for modbus over serial line, modbus TCP/IP, and modbus security.

Pt IX · col B
03

The organization continued to provide modbus conformance testing in the united states. Tested devices are announced on the website and listed in the modbus device directory at the discretion of the supplier that had the devices tested.

Pt IX · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$100K
Ln 12
Fees for servicesLn 2g$100K
Investment incomeLn 3$7
Money outPt IX
$104K
Ln 25
Programscol B$104K
Owns and owesPt X
$98K
net assets · Ln 32
Cash and savingsLn 1–2$31K
Total assetsLn 16$101K
LiabilitiesLn 26$3K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$100K
Investment incomeLn 3$7
Total revenueLn 12$100K
Assets in detailPt X, end of year
CashLn 1$22K
SavingsLn 2$10K
Cash and savings togetherLn 1–2$31K
Total assetsLn 16$101K
LiabilitiesLn 26$3K
Net assetsLn 32$98K
OperationsPt I, VI
EmployeesI 51
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$25K$31K
Total assetsLn 16$103K$101K
LiabilitiesLn 26$3K$3K
Net assetsLn 32$101K$98K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$67K$67K
Payroll taxesLn 10$6K$6K
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$2K$2K
Office expensesLn 13$253$253
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$24K$24K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$104K$104K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $102K$33K$69K$190K 990 PDF
FY2023 $84K$20K$65K$121K 990 PDF
FY2022 $31K$72K−$41K$56K 990 PDF
FY2021 Viewing $100K$104K−$3K$98K 990 PDF
FY2020 $124K$113K$11K$101K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $100,247 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $124,454$100,240
I-10 Investment incomePrior year $21$7
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $124,475$100,247
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $69,037$72,572
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $44,041$31,106
I-18 Total expensesPrior year $113,078$103,678
I-19 Revenue less expensesPrior year $11,397−$3,431
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $100,247 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $100,240$100,240
VIII-3 Investment incomeExcluded from tax $7$7
VIII-12 Total revenueRelated to mission $100,240 · Unrelated business $0 · Excluded from tax $7$100,247
Part IX · Statement of functional expenses $103,678 across 8 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $66,856$66,856
IX-10 Payroll taxesPrograms $5,716$5,716
IX-11c Accounting feesPrograms $2,050$2,050
IX-11g Other fees for servicesPrograms $1,500$1,500
IX-13 Office expensesPrograms $253$253
IX-23 InsurancePrograms $1,780$1,780
IX-24 Other expenses (24a–d)Programs $24,229$24,229
IX-24e All other expensesPrograms $1,294$1,294
IX-25 Total functional expensesPrograms $103,678 · Management $0 · Fundraising $0$103,678
Part X · Balance sheet $100,580 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $15,153$21,720
X-2 Savings and temporary cash investmentsStart of year $9,521$9,525
X-4 Accounts receivableStart of year $78,815$69,335
X-16 Total assetsStart of year $103,489$100,580
X-17 Accounts payable and accrued expensesStart of year $2,534$3,056
X-26 Total liabilitiesStart of year $2,534$3,056
X-32 Total net assets or fund balancesStart of year $100,955$97,524
X-33 Total liabilities and net assetsStart of year $103,489$100,580
Part XI · Reconciliation of net assets $97,524 net assets at year end
XI-1 Total revenue$100,247
XI-2 Total expenses$103,678
XI-3 Revenue less expenses−$3,431
XI-4 Net assets at start of year$100,955
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$97,524

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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