Bottom Line Inc
- Assets
- $17.4m
- Revenue
- $19.3m
- Investments
- $0.0
- Employees
- 225
- Location
- Boston, MA
- Founding
- 04/1997
- Data as of
- 06/2021
- EIN
- 04-3351427
Organization Overview
Bottom Line Inc is located in Boston, MA. The organization was established in 1997. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Bottom Line Inc employed 225 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bottom Line 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 06/2021, Bottom Line Inc generated $19.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $12.8m during the year ending 06/2021. While expenses have increased by 4.3% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BOTTOM LINE WAS FOUNDED IN 1997 TO HELP FIRST GENERATION STUDENTS FROM LOW INCOME BACKGROUNDS GET IN TO COLLEGE, GRADUATE FROM COLLEGE, AND GO FAR IN LIFE. WE ACCOMPLISH THIS MISSION BY PROVIDING ONE-ON-ONE COMPREHENSIVE SUPPORT DURING THE APPLICATION PROCESS AND FOR UP TO SIX YEARS IN COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FISCAL YEAR 2021, THE ORGANIZATION SUPPORTED APPROXIMATELY 1,100 HIGH SCHOOL SENIORS THROUGHOUT THE COLLEGE APPLICATION PROCESS AND HELPED 7,000 COLLEGE STUDENTS SPREAD ACROSS MORE THAN 40 CAMPUSES, AS THEY WORKED THEIR WAY TOWARDS A DEGREE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Colon CEO | OfficerTrustee | 40 | $265,266 |
Shauwea Hamilton Exec.directo | Officer | 40 | $164,770 |
Christopher Broughton Exec.directo | 40 | $129,419 | |
Sarah Place VP Programs | 40 | $124,903 | |
Ginette Saimprevil Exec.directo | 40 | $120,092 | |
Justin Strasburger Strategic Pr | 40 | $116,878 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Levy Restaurants Event Catering | 6/29/15 | $101,040 |
The Bridgespan Group Consulting | 6/29/15 | $100,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,175,499 |
| Related organizations | $0 |
| Government grants | $3,879,105 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,833,825 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,888,429 |
| Total Program Service Revenue | $414,503 |
| Investment income | $13,195 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$6,707 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,309,420 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $491,373 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $430,036 |
| Compensation of current officers, directors, key employees. | $17,202 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,004,470 |
| Pension plan accruals and contributions | $265,422 |
| Other employee benefits | $762,713 |
| Payroll taxes | $466,877 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,972 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $346,546 |
| Advertising and promotion | $0 |
| Office expenses | $21,521 |
| Information technology | $225,273 |
| Royalties | $0 |
| Occupancy | $878,639 |
| Travel | $3,059 |
| 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 | $160,074 |
| Insurance | $53,230 |
| All other expenses | $233,807 |
| Total functional expenses | $12,775,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,086,224 |
| Savings and temporary cash investments | $3,396,798 |
| Pledges and grants receivable | $6,374,566 |
| 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 | $238,123 |
| Net Land, buildings, and equipment | $214,830 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $30,069 |
| Other assets | $67,234 |
| Total assets | $17,407,844 |
| Accounts payable and accrued expenses | $758,945 |
| 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 | $253,775 |
| Total liabilities | $1,012,720 |
| Net assets without donor restrictions | $10,084,568 |
| Net assets with donor restrictions | $6,310,556 |
| 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 | $17,407,844 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bottom Line Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Gray Foundation Cohoes, NY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | $50,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Quadrivium New York, NY | $52,883,139 | $7,776,109 |
Alliance For Downtown New York Inc New York, NY | $19,570,349 | $22,494,008 |
Cities For Financial Empowerment Fund Inc New York, NY | $14,654,854 | $7,980,604 |
Bottom Line Inc Boston, MA | $17,407,844 | $19,309,420 |
Cidny-Independent Living Services Inc Brooklyn, NY | $9,867,599 | $12,474,702 |
Neighborhood Stabilization Corporation Boston, MA | $29,880,510 | $6,854,139 |
Hunt Community Nashua, NH | $57,177,918 | $15,936,193 |
Buffalo Urban Development Corporation Buffalo, NY | $100,186,156 | $9,769,050 |
The Fund For Parks And Recreation In Boston Boston, MA | $15,922,090 | $6,711,889 |
128 West Transportation Council Inc Waltham, MA | $2,138,696 | $3,791,714 |
Mass Mentoring Partnership Inc Boston, MA | $3,908,855 | $3,737,455 |
Excavators 731 Property Corp Astoria, NY | $23,888,581 | $2,129,993 |