The East Boston Athletic Board Inc is located in East Boston, MA. The organization was established in 2004. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Boston Athletic Board 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 12/2021, East Boston Athletic Board Inc generated $17.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $9.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
RECOGNITION OF SCHOLAR/ATHLETES IN EAST BOSTON & TO ORGANIZE EVENTS TO PROMOTE SPORTS PARTICIPATION ANDAWARENESS IN THE EAST BOSTON COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Damien Margado President | 5 | $0 | |
David Arinella Treasurer | 5 | $0 | |
Joseph Weddleton Vice President | 5 | $0 | |
Elizabeth Ahern Secreatry | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $17,100 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $15 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $17,115 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $850 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $488 |
Other expenses | $8,154 |
Total expenses | $9,492 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $45,666 |
Other assets | $0 |
Total assets | $45,666 |
Total liabilities | $0 |
Net assets or fund balances | $45,666 |
Over the last fiscal year, we have identified 1 grants that The East Boston Athletic Board Inc has recieved totaling $17,000.
Awarding Organization | Amount |
---|---|
The East Boston Foundation East Boston, MA PURPOSE: TO ENHANCE THE LIVES OF CHILDREN, YOUTH AND FAMILIES IN EAST BOSTON | $17,000 |
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