Massachusetts Project 351 Inc
- Assets
- $540.4k
- Revenue
- $873.6k
- Investments
- $0.0
- Employees
- 12
- Location
- Boston, MA
- Founding
- 05/2012
- Data as of
- 12/2021
- EIN
- 45-4103159
Organization Overview
Massachusetts Project 351 Inc is located in Boston, MA. The organization was established in 2012. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Massachusetts Project 351 Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Project 351 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, Massachusetts Project 351 Inc generated $873.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $786.8k during the year ending 12/2021. While expenses have increased by 11.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE YOUTH FROM 351 CITIES AND TOWN IN MASSACHUSETTS IN CONNECTION WITH THE DEVELOPMENT OF LEADERSHIP AND OTHER RELATED SKILLS, TO EDUCATE YOUTH ON EMERGING COMMUNITY SERVICE TRENDS, INNOVATIONS AND OPPORTUNITIES AT THE STATE AND FEDERAL LEVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT 351 ENGAGES EIGHTH GRADE AMBASSADORS REPRESENTING EACH OF THE 351 CITIES AND TOWNS IN MASSACHUSETTS IN A UNIQUE 12-MONTH PROGRAM THAT COMBINES IMMERSIVE SERVICE LEADERSHIP, NEAR-PEER MENTORSHIP, CIVIC ENGAGEMENT, AND TRAINING ON DIVERSITY, EQUITY, AND INCLUSION. ANNUAL PROGRAM HIGHLIGHTS INCLUDE THE SERVICE LEADERSHIP ACADEMY, A VIRTUAL FORUM FOR SERVICE LEARNING, SKILLS DEVELOPMENT, AND CIVIC ENGAGEMENT; NEAR-PEER MENTORSHIP BY HIGH SCHOOL ALUMNI; EXECUTION OF STATEWIDE SERVICE CAMPAIGNS; AND TWO "UNITY" EVENTS (LAUNCH DAY AND LEADERSHIP REUNION) WITH THE GOVERNOR OF THE COMMONWEALTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Casey Treasurer/exec Director | OfficerTrustee | 40 | $132,452 |
Noor Al - Saad Director | Trustee | 1 | $0 |
Alexander Richman Director | Trustee | 5 | $0 |
Josh Florence Director | Trustee | 1 | $0 |
Charlie Rose Board Chair | Trustee | 5 | $0 |
Matt Segneri Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $108,041 |
| All other contributions, gifts, grants, and similar amounts not included above | $765,495 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $873,536 |
| Total Program Service Revenue | $0 |
| Investment income | $80 |
| 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 | $873,616 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $352,997 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $47,631 |
| Payroll taxes | $26,968 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,105 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,838 |
| Advertising and promotion | $0 |
| Office expenses | $198,482 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $52,202 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,585 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $786,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $407,390 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $133,000 |
| 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 | $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 | $0 |
| Total assets | $540,390 |
| Accounts payable and accrued expenses | $7,599 |
| 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 | $0 |
| Total liabilities | $7,599 |
| Net assets without donor restrictions | $407,791 |
| Net assets with donor restrictions | $125,000 |
| 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 | $540,390 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Massachusetts Project 351 Inc has recieved totaling $323,042.
| Awarding Organization | Amount |
|---|---|
Martin W Richard Charitable Dorchester, MA PURPOSE: UNRESTRICTED | $250,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $40,000 |
Boston Celtics Shamrock Foundation Inc Boston, MA PURPOSE: Support | $25,000 |
Greater Worcester Community Foundation Inc Worcester, MA PURPOSE: UNRESTRICTED | $7,500 |
Richard G Jacobus Family Foundation Inc Milwaukee, WI PURPOSE: OPERATING | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $42 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Imentor Incorporated New York, NY | $37,583,739 | $20,234,827 |
Good Sports Inc Braintree, MA | $15,718,989 | $17,640,081 |
Vermont Permanency Initiative Inc Plymouth, NH | $11,154,700 | $16,308,251 |
Exploration School Inc Norwood, MA | $30,976,539 | $12,294,773 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Childrens Workshop Foundation Central Falls, RI | $4,705,230 | $8,734,108 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |