Breakthrough Greater Boston Inc
- Assets
- $9.5m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 192
- Location
- Cambridge, MA
- Founding
- 06/1997
- Data as of
- 09/2023
- EIN
- 04-3307783
Organization Overview
Breakthrough Greater Boston Inc is located in Cambridge, MA. The organization was established in 1997. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 09/2023, Breakthrough Greater Boston Inc employed 192 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Breakthrough Greater Boston 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 09/2023, Breakthrough Greater Boston Inc generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $3.9m during the year ending 09/2023. While expenses have increased by 14.0% 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
TO INSPIRE EXCITEMENT FOR LEARNING, CREATE PATHS TO COLLEGE AND PROMOTE CAREERS IN EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BREAKTHROUGH GREATER BOSTON, INC. ("BTGB") WORKS TO IMPROVE EDUCATIONAL EQUITY BY INSPIRING EXCITEMENT FOR LEARNING, CREATING PATHS TO COLLEGE, AND PROMOTING CAREERS IN EDUCATION. BTGB STANDS APART FROM OTHER COLLEGE ACCESS PROGRAMS IN THAT THEY OFFER COMPREHENSIVE ACADEMIC SUPPORT THAT INTERVENES EARLY AND CONTINUES FOR SIX YEARS. THE STUDENTS TEACHING STUDENTS MODEL FEATURES NEAR-PEER INSTRUCTION AND MENTORING. BTGB HAS CONSISTENTLY DEMONSTRATED WHAT LOW-INCOME STUDENTS AND STUDENTS OF COLOR CAN ACHIEVE AT THE HIGHEST LEVEL WHEN ENGAGED IN A CULTURE OF HIGH EXPECTATIONS AND PROVIDED THE SUPPORT NECESSARY TO ADVANCE ACADEMICALLY.BTGB'S MIDDLE SCHOOL PROGRAM IS A RIGOROUS YEAR-ROUND ACADEMIC PROGRAM WITH AN INTENSIVE SIX-WEEK SUMMER PROGRAM, A WEEKLY AFTER SCHOOL PROGRAM, ADDITIONAL TUTORING, AND CONSISTENT ADVOCACY WITH TEACHERS AND FAMILIES. BTGB'S HIGH SCHOOL PROGRAM ENSURES THAT EACH STUDENT GAINS ADMITTANCE TO COLLEGE THROUGH YEAR-ROUND ADVOCACY, A LADDER OF SUMMER OPPORTUNITIES AND A HIGHLY PERSONALIZED COLLEGE ACCESS PROGRAM. BTGB'S TEACHER TRAINING PROGRAM TRAINS HIGH-ACHIEVING COLLEGE STUDENTS TO SHOULDER THE RESPONSIBILITIES OF FULL-TIME TEACHERS IN THE SUMMER PROGRAM AND AFTER SCHOOL PROGRAM, WITH GUIDANCE FROM PROFESSIONAL EDUCATORS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Goins Board Chair | OfficerTrustee | 1 | $0 |
Yolanda Kodrzycki Vice Chair & Secretary | OfficerTrustee | 1 | $0 |
Jeff Davis Treasurer | OfficerTrustee | 1 | $0 |
Kara Bixby Clerk | OfficerTrustee | 1 | $0 |
Caroline Carmichael Director | Trustee | 1 | $0 |
Shella Dennery Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $218,026 |
| Related organizations | $0 |
| Government grants | $462,390 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,997,394 |
| Noncash contributions included in lines 1a–1f | $224,084 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,677,810 |
| Total Program Service Revenue | $600,871 |
| Investment income | $24,320 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,588 |
| Net Income from Fundraising Events | -$57,305 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,243,108 |
| 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. | $354,832 |
| Compensation of current officers, directors, key employees. | $14,842 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,986,329 |
| Pension plan accruals and contributions | $67,484 |
| Other employee benefits | $98,047 |
| Payroll taxes | $214,735 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $77,028 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $27,425 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $226,422 |
| Advertising and promotion | $0 |
| Office expenses | $62,544 |
| Information technology | $29,703 |
| Royalties | $0 |
| Occupancy | $73,992 |
| Travel | $189,694 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,879 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,512 |
| Insurance | $31,279 |
| All other expenses | $0 |
| Total functional expenses | $3,869,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $621,727 |
| Savings and temporary cash investments | $1,176,890 |
| Pledges and grants receivable | $1,500,771 |
| Accounts receivable, net | $0 |
| 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 | $55,658 |
| Net Land, buildings, and equipment | $24,583 |
| Investments—publicly traded securities | $5,859,937 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $269,985 |
| Total assets | $9,509,551 |
| Accounts payable and accrued expenses | $56,816 |
| Grants payable | $0 |
| Deferred revenue | $101,521 |
| 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 | $266,545 |
| Total liabilities | $424,882 |
| Net assets without donor restrictions | $6,449,268 |
| Net assets with donor restrictions | $2,635,401 |
| 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 | $9,509,551 |