Boston Harbor Now Inc
- Assets
- $3.8m
- Revenue
- $4.8m
- Investments
- $51.8k
- Employees
- 28
- Location
- Boston, MA
- Founding
- 07/1995
- Data as of
- 03/2023
- EIN
- 04-3268863
Organization Overview
Boston Harbor Now Inc is located in Boston, MA. The organization was established in 1995. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 03/2023, Boston Harbor Now Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Harbor Now 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 03/2023, Boston Harbor Now Inc generated $4.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $5.1m during the year ending 03/2023. While expenses have increased by 10.5% per year over the past 7 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
BOSTON HARBOR NOW'S (BHN) MISSION IS TO ENSURE THAT BOSTON HARBOR, ITS WATERFRONT AND ISLANDS ARE ACCESSIBLE AND INCLUSIVE AND THAT THESE SPECIAL PLACES ARE PROPERLY ADAPTED TO THE RISKS OF CLIMATE CHANGE.WE ACCOMPLISH THIS BY: ADVANCING A BROAD VISION FOR DEVELOPMENT ON THE HARBOR; OFFERING EVERYONE OPPORTUNITIES TO UTILIZE AND ENJOY THE HARBOR, WATERFRONT AND ISLANDS; RESEARCHING EFFECTIVE MEASURES TO PROTECT THE ISLANDS AND THE GREATER BOSTON REGION FROM SEA LEVEL RISE; AND PARTNERING WITH FEDERAL, STATE, MUNICIPAL GOVERNMENTS AND NONPROFITS TO IMPLEMENT PROGRAMS AND PROJECTS CONSISTENT WITH THE ABOVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOSTON HARBOR NOW, INC. (BHN), AS THE NON-PROFIT PARTNER OF THE BOSTON HARBOR ISLANDS NATIONAL AND STATE PARK, MANAGES A NUMBER OF OPERATIONS, FACILITIES, AND REVENUE-GENERATING SERVICES TO ENHANCE VISITOR EXPERIENCE AND PROVIDE FUNDING TO SUPPORT THE PARK. MANAGED SERVICES INCLUDE PUBLIC FERRY OPERATIONS, ISLAND-BASED FOOD SERVICE AND PRIVATE EVENTS. IN ADDITION, BHN MANAGES THE MAINLAND PARK WELCOME CENTER LOCATED IN BOSTON ON BEHALF OF THE NATIONAL PARK SERVICE. BHN ALSO ORGANIZES PROGRAMMING, PROVIDES FREE AND REDUCED COST ACCESS TO UNDERSERVED YOUTH AND FAMILIES, AND WORKS WITH MANY COMMUNITY PARTNERS AND NONPROFITS TO INCREASE USE AND APPRECIATION OF THE HARBOR. A CREATION OF STONE LIVING LAB HAS ALLOWED BHN TO WORK ON RESILIENCE THROUGH RESEARCH AND NATURE-BASED SOLUTIONS FOR THE HARBOR.
BOSTON HARBOR NOW, INC. LEADS EFFORTS TO ENSURE AN ACCESSIBLE, RESILIENT AND EQUITABLE HARBOR THROUGH PLANNING, POLICY, AND ADVOCACY WORK. THE STONE LIVING LAB IS A KEY PROJECT LOOKING TO CREATE A FUTURE WHERE PEOPLE WORK WITH NATURE TO MAKE COASTAL REGIONS RESILIENT AND ADAPTIVE TO CLIMATE CHANGE WHILE ENHANCING NATURAL AND BUILT ENVIRONMENTS. HARBORWALK 2.0 IS ANOTHER KEY PROJECT FOCUSED ON COASTAL RESILIENCE, ACCESS, AND EQUITY.
BOSTON HARBOR NOW, INC. PROVIDES THOUGHT LEADERSHIP FOR THE HARBOR, WATERFRONT AND ISLANDS, HELPS TO INCREASE AWARENESS ABOUT THE HARBOR, WATERFRONT AND ISLANDS, AND INCREASE ENGAGEMENT WITH OUR BRANDS THROUGH VISITATION, PROGRAM PARTICIPATION, AND DIGITAL INTERACTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Abbott President And CEO | Officer | 40 | $262,056 |
John Murray Vp, Park Partnerships & Operations | 40 | $119,743 | |
Alice Brown Chief Of Planning & Policy | 40 | $105,200 | |
Bud Ris Chair | OfficerTrustee | 5 | $0 |
Meaghan Hooper-Berdik Vice Chair | OfficerTrustee | 3 | $0 |
Elaine Richardson Treasurer | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Steve's Shop Marine Repairs | 3/30/15 | $159,007 |
Garland Building Company Llc Chapel Renovations | 3/30/15 | $491,038 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,111,057 |
| Related organizations | $0 |
| Government grants | $1,115,286 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,798,988 |
| Noncash contributions included in lines 1a–1f | $2,850 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,025,331 |
| Total Program Service Revenue | $192,209 |
| Investment income | $2,126 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$377,734 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,841,932 |
| 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. | $296,333 |
| Compensation of current officers, directors, key employees. | $118,533 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,535,881 |
| Pension plan accruals and contributions | $20,373 |
| Other employee benefits | $150,923 |
| Payroll taxes | $167,005 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,414 |
| Fees for services: Accounting | $119,467 |
| Fees for services: Lobbying | $22,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $984,527 |
| Advertising and promotion | $3,140 |
| Office expenses | $0 |
| Information technology | $29,567 |
| Royalties | $0 |
| Occupancy | $25,721 |
| Travel | $197,633 |
| 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 | $23,914 |
| Insurance | $42,220 |
| All other expenses | $58,845 |
| Total functional expenses | $5,091,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $399,238 |
| Savings and temporary cash investments | $1,826,487 |
| Pledges and grants receivable | $1,325,415 |
| Accounts receivable, net | $8,544 |
| 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 | $38,734 |
| Net Land, buildings, and equipment | $109,651 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $51,823 |
| Investments—program-related | $0 |
| Intangible assets | $1,072 |
| Other assets | $0 |
| Total assets | $3,760,964 |
| Accounts payable and accrued expenses | $312,569 |
| 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 | $312,569 |
| Net assets without donor restrictions | $502,561 |
| Net assets with donor restrictions | $2,945,834 |
| 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 | $3,760,964 |