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METRO NORTH REGIONAL EMPLOYMENT BOARD

METRO NORTH REGIONAL EMPLOYMENT BOARD

Somerville, MA, US
•
a.k.a MassHire Metro North Workforce Board
•
501(c)(3)
•
EIN
04-3279555
•
Https://masshiremetronorth.org
•
Regional Funder
BIPOC Led
funder logo

METRO NORTH REGIONAL EMPLOYMENT BOARD

Somerville, MA, US
•
a.k.a MassHire Metro North Workforce Board
•
501(c)(3)
•
EIN
04-3279555
•
Https://masshiremetronorth.org
•
Regional Funder
BIPOC Led
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$7,838,824

Receivables (Non-Related)
67%
Cash & Equivalents
24%
Investments
7%
Other Assets
1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$5,913,491

Payables & Accruals
83%
Deferred Revenue
15%
Other Liabilities
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$700,356
$1,903,139
+172%
Receivables (Non-Related)
$3,276,678
$5,233,565
+60%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$16,104
$33,280
+107%
Investments
$447,973
$566,225
+26%
Property, Plant, & Equipment (net)
$7,000
$3,666
-48%
Other Assets
-
$98,949
-
Total Assets
$4,448,111
$7,838,824
+76%
Liabilities
2023
2024
Change
Payables & Accruals
$3,143,807
$4,898,510
+56%
Grants Payable
-
-
-
Deferred Revenue
-
$916,032
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$31,007
$98,949
+219%
Total Liabilities
$3,174,814
$5,913,491
+86%
Net assets
2023
2024
Change
Restricted Net Assets
$613,554
$1,061,033
+73%
Unrestricted Net Assets
$659,743
$864,300
+31%
Net assets
2023
2024
Change
Net assets
+$1,273,297
+$1,925,333
+51%
Balance Sheet
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