Boston Cares Inc
- Assets
- $400.5k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 9
- Location
- Charlestown, MA
- Founding
- 11/1993
- Data as of
- 12/2021
- EIN
- 04-3173682
Organization Overview
Boston Cares Inc is located in Charlestown, MA. The organization was established in 1993. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Boston Cares Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Cares 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 12/2021, Boston Cares Inc generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $809.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BOSTON CARES MOBILIZES AND TRAINS INDIVIDUAL AND CORPORATE VOLUNTEERS WHO STRENGTHEN COMMUNITIES AND IMPROVE THE LIVES OF PEOPLE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOLUNTEER PROGRAM: OFFERS MEANINGFUL VOLUNTEER OPPORTUNITIES FOR PEOPLE WHO WANT TO LEND A HAND TO THE COMMUNITY. CREATES AND LEADS OVER 4,700 DIRECT COMMUNITY SERVICE PROJECTS DURING THE 2021 CALENDAR YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hamilton Sara Ex Director | OfficerTrustee | 40 | $90,117 |
Jeffers Robert Chairman | OfficerTrustee | 4 | $0 |
Quistberg Christine Clerk | OfficerTrustee | 4 | $0 |
O'connor Nicole Treasurer | OfficerTrustee | 4 | $0 |
Levy Nicole Director | Trustee | 2 | $0 |
Macindoe Heather Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $131,738 |
| All other contributions, gifts, grants, and similar amounts not included above | $858,781 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $990,519 |
| Total Program Service Revenue | $52,597 |
| Investment income | $34 |
| 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 | $1,043,150 |
| 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. | $91,429 |
| Compensation of current officers, directors, key employees. | $22,947 |
| Compensation to disqualified persons | $290,732 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,499 |
| Payroll taxes | $35,243 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,572 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,331 |
| Advertising and promotion | $50 |
| Office expenses | $47,486 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $106,302 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,392 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,770 |
| Insurance | $5,075 |
| All other expenses | $0 |
| Total functional expenses | $809,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $257,318 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $34,467 |
| Accounts receivable, net | $48,380 |
| 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 | $9,622 |
| Net Land, buildings, and equipment | $24,965 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,714 |
| Total assets | $400,466 |
| Accounts payable and accrued expenses | $120,710 |
| Grants payable | $0 |
| Deferred revenue | $42,500 |
| 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 | $17,857 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,972 |
| Total liabilities | $189,039 |
| Net assets without donor restrictions | $181,427 |
| Net assets with donor restrictions | $30,000 |
| 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 | $400,466 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boston Cares Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thames Valley Council For Community Action Inc Jewett City, CT | $13,514,685 | $42,090,218 |
B H R A G S Homecare Inc Brooklyn, NY | $22,952,374 | $39,112,109 |
Coalition For Hispanic Family Ser Brooklyn, NY | $9,747,863 | $28,088,476 |
Community Programs Of Westchester Jewish Community Services White Plains, NY | $12,138,978 | $16,937,661 |
Sunnyside Community Services Inc Long Island City, NY | $7,213,077 | $15,496,475 |
The B E L L Foundation Inc Westwood, MA | $26,190,550 | $19,692,109 |
Marshall Project Inc New York, NY | $18,747,646 | $15,174,508 |
Nassau-Suffolk Law Services Committee Inc Hempstead, NY | $5,326,603 | $11,194,760 |
Mercy Flight Central Inc Canandaigua, NY | $14,339,659 | $14,213,717 |
Here To Here Foundation Inc Bronx, NY | $10,262,789 | $1,365,332 |
Arab-American Family Support Center Inc Brooklyn, NY | $5,221,623 | $9,617,886 |
Asian Americans For Equality Inc New York, NY | $26,601,430 | $8,393,675 |