Form 990 for tax year 2023

1c · Fundraising events

$1,669,674

1d · Related organizations

$1,202,161

1f · All other contributions, gifts and grants

$5,710,316

1g · Noncash contributions included above

$766,634

3 · Investment income

total $431,681 · excluded $431,681

8a · Fundraising events: gross income

$197,589

8a · Fundraising events: contributions included on line 1c

$1,669,674

8b · Fundraising events: direct expenses

$452,973

8c · Net income from fundraising events

total -$255,384 · excluded -$255,384

11a · Other revenue: MBEF ENDOWMENT FUND MA

total $65,000 · excluded $65,000

11e · Other revenue, total

$65,000

1 · Grants to domestic organizations and governments

total $7,207,934 · program services $7,207,934

2 · Grants to domestic individuals

total $7,500 · program services $7,500

5 · Compensation of officers, directors and key employees

total $148,512 · program services $32,673 · management and general $29,702 · fundraising $86,137

7 · Other salaries and wages

total $345,020 · program services $73,215 · management and general $78,782 · fundraising $193,023

10 · Payroll taxes

total $38,391 · program services $7,931 · management and general $9,551 · fundraising $20,909

11c · Fees: accounting

total $44,898 · management and general $44,898

11g · Fees: other

total $58,073 · program services $3,099 · management and general $6,652 · fundraising $48,322

13 · Office expenses

total $136,206 · management and general $25,098 · fundraising $111,108

14 · Information technology

total $20,651 · management and general $20,651

22 · Depreciation, depletion and amortization

total $2,965 · management and general $2,965

23 · Insurance

total $17,916 · management and general $17,916

24a · Other expenses: COMMUNITY RELATIONS

total $102,873 · management and general $35,070 · fundraising $67,803

24b · Other expenses: IN-KIND CONTRIBUTIONS

total $24,372 · fundraising $24,372

1 · Cash, non-interest-bearing

beginning of year $1,974,969 · end of year $708,526

2 · Savings and temporary cash investments

beginning of year $2,416,979 · end of year $74,946

3 · Pledges and grants receivable

beginning of year $44,884 · end of year $476,504

4 · Accounts receivable

beginning of year $42,168 · end of year $182,542

9 · Prepaid expenses and deferred charges

beginning of year $17,408 · end of year $26,545

10a · Land, buildings and equipment: cost or other basis

$39,214

10b · Land, buildings and equipment: accumulated depreciation

$35,259

10c · Land, buildings and equipment, net

beginning of year $4,996 · end of year $3,955

11 · Investments: publicly traded securities

beginning of year $5,004,402 · end of year $9,028,421

15 · Other assets

beginning of year $65,000 · end of year $65,000

17 · Accounts payable and accrued expenses

beginning of year $183,372 · end of year $56,950

18 · Grants payable

beginning of year $1,145,473 · end of year $1,282,512

25 · Other liabilities

beginning of year $833,609 · end of year $1,128,664

27 · Net assets without donor restrictions

beginning of year $6,538,444 · end of year $7,357,133

28 · Net assets with donor restrictions

beginning of year $869,908 · end of year $741,180