Partakers Inc
- Assets
- $721.9k
- Revenue
- $382.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Auburndale, MA
- Founding
- 04/1998
- Data as of
- 06/2022
- EIN
- 04-3379946
Organization Overview
Partakers Inc is located in Auburndale, MA. The organization was established in 1998. According to its NTEE Classification (I40) the organization is classified as: Rehabilitation Services for Offenders, under the broad grouping of Crime & Legal-Related and related organizations. As of 06/2022, Partakers Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partakers 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 06/2022, Partakers Inc generated $382.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $318.5k during the year ending 06/2022. While expenses have increased by 17.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP ADVANCE THE EDUCATION OF INCARCERATED PEOPLE AND TO BRIDGE THE DIVIDE THAT SEPARATES THOSE INSIDE AND OUTSIDE OF PRISON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE BEHIND BARS SUPPORTS INCARCERATED WOMEN AND MEN ENROLLED IN SEVERAL UNDERGRADUATE COLLEGE PROGRAMS. WITH COMMUNITY MENTORING OUR STUDENTS GRADUATE WITH AN ASSOCIATES OR BACHELOR DEGREE AND RETURN TO THEIR COMMUNITIES AS CONTRIBUTORS, THUS REDUCING THE RISK OF RECIDIVISM.COLLEGE BEHIND BARS CORRESPONDENCE COURSE PROGRAM PROVIDES CORRESPONDENCE COURSES FOR INCARCERATED PEOPLE WITH NOT ENOUGH TIME TO COMPLETE THE DEGREE PROGRAM AND/OR WHO MIGHT LACK ENOUGH CREDITS TO GRADUATE.PARTAKERS EXTENDED LEARNING PROGRAM PROVIDES ADDITIONAL EDUCATION OPPORTUNITIES FOR OUR ALUMNI AND THE GENERAL PRISON POPULATION BY PROVIDING CERTIFICATE COURSES IN PARALEGAL STUDIES, EDUCATIONAL LECTURE VIDEOS TO BE BROADCAST ON THE ORGANIZATION'S ACADEMIC CHANNEL, AND CORRESPONDENCE COURSES POST RELEASE TO SUPPORT STUDENTS CLOSE TO GRADUATING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur Bembury Executive Director | OfficerTrustee | 40 | $95,833 |
Intiya Isaza Figueroa Director | Trustee | 1 | $0 |
Diana Saintil Director | Trustee | 1 | $0 |
Wassem Amin Director | Trustee | 1 | $0 |
Alexis Lian Director | Trustee | 1 | $0 |
Felisa Nobles Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $38,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $344,011 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $382,011 |
| Total Program Service Revenue | $0 |
| Investment income | $503 |
| 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 | $382,786 |
| 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. | $119,969 |
| Compensation of current officers, directors, key employees. | $11,997 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,333 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,840 |
| Payroll taxes | $6,266 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,887 |
| Fees for services: Accounting | $8,940 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,720 |
| Advertising and promotion | $2,620 |
| Office expenses | $28,421 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,906 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $4,053 |
| All other expenses | $87,594 |
| Total functional expenses | $318,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $291,623 |
| Savings and temporary cash investments | $129,489 |
| Pledges and grants receivable | $62,500 |
| Accounts receivable, net | $38,355 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $199,891 |
| Total assets | $721,858 |
| Accounts payable and accrued expenses | $16,340 |
| 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 | $199,891 |
| Total liabilities | $216,231 |
| Net assets without donor restrictions | $443,127 |
| Net assets with donor restrictions | $62,500 |
| 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 | $721,858 |