Nashoba Learning Group Inc
- Assets
- $17.9m
- Revenue
- $21.6m
- Investments
- $0.0
- Employees
- 345
- Location
- Bedford, MA
- Founding
- 10/2002
- Data as of
- 06/2023
- EIN
- 01-0672424
Organization Overview
Nashoba Learning Group Inc is located in Bedford, MA. The organization was established in 2002. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2023, Nashoba Learning Group Inc employed 345 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nashoba Learning Group 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 06/2023, Nashoba Learning Group Inc generated $21.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $22.0m during the year ending 06/2023. While expenses have increased by 7.3% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AN ORGANIZATION PROVIDING FULL YEAR SCHOOL AND ADULT PROGRAMS TO INDIVIDUALS WITH AUTISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL PROGRAM ACCOMPLISHMENTS: NASHOBA LEARNING GROUP, INC. (NLG) OPERATES A FULL-YEAR DAY SCHOOL PROGRAM (THE SCHOOL PROGRAM) THAT PROVIDES OUTSTANDING, COMPREHENSIVE, INDIVIDUALIZED EDUCATION, TRAINING, AND INTERVENTION SERVICES FOR STUDENTS AGED 3 UP UNTIL 22 WITH AUTISM SPECTRUM DISORDERS (ASD).THE SCHOOL PROGRAM IS BASED ON THE SCIENTIFICALLY VALIDATED PRINCIPLES OF APPLIED BEHAVIOR ANALYSIS (ABA), DELIVERED BY HIGHLY TRAINED AND SUPERVISED TEACHING STAFF, AND CUSTOMIZED FOR EACH STUDENT IN PARTNERSHIP WITH THE FAMILY. PROGRAM SERVICE FEE REVENUE, WHICH COMPRISES THE ORGANIZATION'S PRIMARY REVENUE SOURCE, IS DERIVED PRIMARILY FROM MASSACHUSETTS SCHOOL DISTRICTS. THE SCHOOL PROGRAM'S OPERATIONAL CAPACITY IS 130 STUDENTS.
ADULT PROGRAM ACCOMPLISHMENTS: THE ORGANIZATION OPERATES AN ADULT DAY PROGRAM (THE ADULT PROGRAM) WITH A MAXIMUM CAPACITY OF ABOUT 65 MEMBERS TO PROVIDE ONGOING DAY HABILITATION, JOB AND COMMUNITY SUPPORT TO ADULTS AGED 22 AND OLDER WITH AUTISM SPECTRUM DISORDERS. THE ADULT PROGRAM TARGETS CONTINUED SKILLS DEVELOPMENT AND BEHAVIOR SUPPORT USING THE PRINCIPLES OF ABA FOR THE MEMBERS WITH THE GOAL OF INCREASING INDEPENDENCE AND GRADUALLY REDUCING THE NEED FOR TRAINED SUPERVISION OVER TIME. ADULT PROGRAM SERVICE FEE REVENUE IS DERIVED FROM MASSHEALTH FOR DAY HABILITATION SERVICES AND THE MASSACHUSETTS DEPARTMENT OF DISABILITY SERVICES (DDS) FOR JOB TRAINING, EMPLOYMENT AND COMMUNITY SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Martineau President, CEO | OfficerTrustee | 40 | $301,556 |
Kim Borgen Treasurer, CFO | OfficerTrustee | 40 | $187,673 |
Carmel Leonard Clerk | OfficerTrustee | 1 | $0 |
Amit Basak Director | Trustee | 1 | $0 |
James Burling Director | Trustee | 1 | $0 |
Robert Forlenza Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $520,628 |
| Related organizations | $2,126,620 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $934,797 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,582,045 |
| Total Program Service Revenue | $18,062,744 |
| Investment income | $91,356 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$97,104 |
| Net Income from Fundraising Events | -$1,301 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,637,740 |
| 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. | $534,422 |
| Compensation of current officers, directors, key employees. | $432,404 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,654,358 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,484,241 |
| Payroll taxes | $1,391,489 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $69,304 |
| Fees for services: Accounting | $70,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $141,241 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,058,933 |
| Travel | $14,538 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $438,141 |
| Insurance | $16,893 |
| All other expenses | $0 |
| Total functional expenses | $22,046,764 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,582,978 |
| Savings and temporary cash investments | $3,189,962 |
| Pledges and grants receivable | $40,000 |
| Accounts receivable, net | $961,015 |
| 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 | $261,561 |
| Net Land, buildings, and equipment | $8,149,427 |
| Investments—publicly traded securities | $3,566,576 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $193,109 |
| Total assets | $17,944,628 |
| Accounts payable and accrued expenses | $1,213,915 |
| Grants payable | $0 |
| Deferred revenue | $417,083 |
| Tax-exempt bond liabilities | $5,233,341 |
| 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 | $191,920 |
| Total liabilities | $7,056,259 |
| Net assets without donor restrictions | $10,848,369 |
| Net assets with donor restrictions | $40,000 |
| 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 | $17,944,628 |