Boston Education Skills & Training Corp

Organization Overview

Boston Education Skills & Training Corp is located in Medford, MA. The organization was established in 2015. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2021, Boston Education Skills & Training Corp employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Education Skills & Training Corp 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, Boston Education Skills & Training Corp generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $1.8m during the year ending 06/2021. While expenses have increased by 4.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S MISSION IS TO PROVIDE INDIVIDUALS WITH THE EDUCATION, SKILLS, AND TRAINING TO EXCEL IN THE HOSPITALITY INDUSTRY AND IN THEIR PERSONAL LIVES BY PROVIDING ENGLISH FOR SPEAKERS OF OTHER LANGUAGE (ESOL) CLASSES, SKILL TRAINING CLASSES IN HOSPITALITY RELATED AREAS, ADULT BASIC EDUCATION, AND INDIVIDUAL CAREER COUNSELING AND SUPPORT SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED INDIVIDUALS WITH THE EDUCATION, SKILLS AND TRAINING TO EXCEL IN THE HOSPITALITY INDUSTRY AND IN THEIR PERSONAL LIVES BY PROVIDING ENGLISH FOR SPEAKERS OF OTHER LANGUAGE (ESOL) CLASSES, SKILL TRAINING CLASSES IN HOSPITALITY RELATED AREAS, ADULT BASIC EDUCATION, AND INDIVIDUAL CAREER COUNSELING AND SUPPORT SERVICES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $161,067
All other contributions, gifts, grants, and similar amounts not included above$573,690
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$734,757
Total Program Service Revenue$1,475,468
Investment income $385
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $37,690
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 $2,248,300

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Boston Education Skills & Training Corp has recieved totaling $260,513.

Awarding OrganizationAmount
Eastern Bank Charitable Foundation

Lynn, MA

PURPOSE: EXEMPT PURPOSE

$100,000
Oneworld Boston Inc

Woburn, MA

PURPOSE: EDUCATIONAL PROGRAMMING

$75,000
Metro North Regional Employment Board

Cambridge, MA

PURPOSE: JOB TRAINING & PLACE

$60,513
Philanthropy Connection Inc

Cambridge, MA

PURPOSE: To provide funding

$25,000
View Grant Recipient Profile

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