Boston Magar Society
- Assets
- $7.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belmont, MA
- Founding
- Data as of
- 12/2023
- EIN
- 87-4795976
Organization Overview
Boston Magar Society is located in Belmont, MA. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Magar Society 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, Boston Magar Society generated $3.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (34.3%) each year. All expenses for the organization totaled $4.0k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
TO HELP ALL THE MAGAR PEOPLE IN THEIR HARDSHIP AND TO PRESERVE THE CULTURE BY TEACHING NEW GENERATIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sita Thapa President | 0 | $0 | |
Khadka Thapa Treasurer | 0 | $0 | |
Surya Thapa Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,570 |
| Total Program Service Revenue | $0 |
| Membership dues | $700 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,270 |
| 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 | $650 |
| Occupancy, rent, utilities, and maintenance | $1,040 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,356 |
| Total expenses | $4,046 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,629 |
| Other assets | $0 |
| Total assets | $7,629 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,629 |