Boston Higher Education Resource Center

Organization Overview

Boston Higher Education Resource Center, operating under the name Boston HERC, is located in Boston, MA. The organization was established in 2018. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 06/2022, Boston HERC employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston HERC 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, Boston HERC generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $777.5k during the year ending 06/2022. While expenses have increased by 6.0% per year over the past 4 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PASSPORT PROGRAM HAS A PURPOSE TO AWAKEN VISION AND PURPOSE IN THE LIVES OF ITS PARTICIPANTS, EQUIPPING THEM TO REALIZE THEIR POTENTIAL TO TRANSFORM LIVES AND COMMUNITIES.


DEPRECIATION EXPENSE


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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$787,091
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$787,091
Total Program Service Revenue$219,402
Investment income $0
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 $1,006,493

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Boston Higher Education Resource Center has recieved totaling $448,434.

Awarding OrganizationAmount
Liberty Mutual Foundation Inc

Boston, MA

PURPOSE: PASSPORT TO COLLEGE

$100,000
Liberty Mutual Foundation Inc

Boston, MA

PURPOSE: PASSPORT TO COLLEGE

$100,000
Wellington Management Foundation

Boston, MA

PURPOSE: See Part IV

$65,000
The Chirag Foundation

Carlisle, MA

PURPOSE: VARIOUS

$55,000
Cabot Family Charitable Tr

Boston, MA

PURPOSE: EXEMPT PURPOSES

$40,000
Liberty Mutual Foundation Inc

Boston, MA

PURPOSE: 2021 COLLEGE COACHING BONUS GRANT

$35,000
View Grant Recipient Profile

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