Urban Guild Inc
- Assets
- $2.2m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 7
- Location
- Dorchester, MA
- Founding
- 04/2017
- Data as of
- 12/2023
- EIN
- 81-4200729
Organization Overview
Urban Guild Inc is located in Dorchester, MA. The organization was established in 2017. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Urban Guild Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urban Guild 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 12/2023, Urban Guild Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $805.1k during the year ending 12/2023. While expenses have increased by 24.7% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION IS ORGANIZED TO IMPROVE THE QUALITY OF LIFE IN BOSTON'S URBAN COMMUNITIES BY BUILDING CAPACITY, ENVIRONMENTAL HEALTH, AND PROVIDING ECONOMIC OPPORTUNITY IN A MANNER THAT RESPONDS DIRECTLY TO COMMUNITY NEEDS, INTERESTS, AND SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GUILD CREATES NEW AND FLEXIBLE INFRASTRUCTURE FOR THE SHOWCASING AND DEMONSTRATION OF SOLUTIONS, CULTURE AND ENTREPRENEURIAL INITIATIVES CREATED BY A LOCAL-TO-GLOBAL INDIGENOUS AND POC ECOSYSTEM WHICH INCLUDES A WIDE VARIETY OF COMMITTED CROSS-SECTOR PARTNERS AND ALLIES. GUILD SANCTUARY VENUES FORM THE FOUNDATION FOR DEEP EXPERIENCES OF HEALING AND CONNECTION, EDUCATION, MARKET VETTING OF ENTREPRENEURIAL IDEAS AND NEW KNOWLEDGE AND ASSET CREATION.
THE GUILD DEVELOPS LOCAL AND GLOBAL ECOSYSTEMS FOR COLLABORATIVE, COMMUNITY-OWNED SOCIAL ENTERPRISES AND INITIATIVES FOCUSED ON HEALTH FOOD, CLEAN ENERGY, ART AND CULTURE, HEALING AND WELLNESS, GREEN INFRASTRUCTURE DEMONSTRATION, AS WELL AS TRAINING AND EDUCATION, CREDENTIALING RESEARCH AND PUBLISHING.
THE GUILD SHOWCASES GLOBAL POC ARTISTS, EXHIBITS, HAPPENINGS, WORKSHOPS, EXPERIENCES AND CEREMONIES FOR THE DEFINED PURPOSE OF CREATING PROFOUND AND NOVEL OPPORTUNITIES FOR THE SHARING, UNDERSTANDING AND SUPPORT OF CREATIVE EXPRESSION AND RITUAL. IT ALSO SUPPORTS NEW MODELS TO SUPPORT THE WORK AND PRACTICE OF GLOBAL POC ARTISTS IN A MANNER THAT INTIMATELY CONNECTS DEEP COMMUNITY EXPERIENCE AND LEARNING, ON A GLOBAL BASIS.
THE GUILD INVESTS IN AND EXPANDS MEANINGFUL PROGRAMMING, TRAINING, CAPACITY BUILDING AND CREDENTIALING OPPORTUNITIES IN OUR COMMUNITIES TO SUPPORT (I) FOOD ACCESS AND HEALTHY EATING, (II) HEALING AND ACTIVE LIFESTYLES, (III) RESURFACING LOCAL & INDIGENOUS PRACTICES, AND (IV) HEALING & WELLNESS FOCUSED ENTREPRENEAURSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Finney Clerk | OfficerTrustee | 2 | $0 |
Joachim Gfoeller Jr Treasurer | OfficerTrustee | 2 | $0 |
Moyo Okediji Director | Trustee | 2 | $0 |
Nicole Purvis Director | Trustee | 2 | $0 |
Jhana Senxian CEO And President | OfficerTrustee | 40 | $88,173 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $808,182 |
| Noncash contributions included in lines 1a–1f | $511,300 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $808,182 |
| Total Program Service Revenue | $506,310 |
| Investment income | $11 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $53,647 |
| 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 | $1,368,150 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $730 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,173 |
| Compensation of current officers, directors, key employees. | $4,409 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $92,115 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,030 |
| Payroll taxes | $42,478 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,470 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,647 |
| Advertising and promotion | $268 |
| Office expenses | $393 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $48,057 |
| 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 | $32,371 |
| Insurance | $22,824 |
| All other expenses | $28,272 |
| Total functional expenses | $805,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $244,817 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $176,001 |
| 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 | $3,838 |
| Net Land, buildings, and equipment | $1,580,509 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $160,432 |
| Total assets | $2,165,597 |
| Accounts payable and accrued expenses | $57,863 |
| 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 | $1,100,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,157,863 |
| Net assets without donor restrictions | $933,166 |
| Net assets with donor restrictions | $74,568 |
| 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 | $2,165,597 |