Totals
- Total revenue
- $697,247
- Total expenses
- $502,808
- Contributions and grants received
- $687,000
- Grants paid
- $448,207
- Program service revenue
- $0
- Investment income
- $10,247
- Other revenue
- $0
- Total assets, end of year
- $1,483,126
- Total liabilities, end of year
- $225,512
- Net assets or fund balances, end of year
- $1,257,614
- Program services expenses (Part IX)
- $448,207
- Management and general expenses
- $54,601
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $448,207
Program services were 89.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$687,000
-
3 · Investment income
total $10,247 · excluded $10,247
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $448,207 · program services $448,207
-
5 · Compensation of officers, directors and key employees
total $40,000 · management and general $40,000
-
10 · Payroll taxes
total $3,303 · management and general $3,303
-
11c · Fees: accounting
total $1,410 · management and general $1,410
-
12 · Advertising and promotion
total $1,278 · management and general $1,278
-
13 · Office expenses
total $1,162 · management and general $1,162
-
14 · Information technology
total $2,077 · management and general $2,077
-
23 · Insurance
total $3,605 · management and general $3,605
-
24a · Other expenses: PAYROLL PROCESSING
total $1,766 · management and general $1,766
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $377,330 · end of year $410,453
-
2 · Savings and temporary cash investments
beginning of year $903,262 · end of year $1,072,673
-
17 · Accounts payable and accrued expenses
beginning of year $23,297 · end of year $12,000
-
18 · Grants payable
beginning of year $194,120 · end of year $213,512
-
27 · Net assets without donor restrictions
beginning of year $128,542 · end of year $128,542
-
28 · Net assets with donor restrictions
beginning of year $934,633 · end of year $1,129,072
Mission and programs · 2023
Mission
ADDRESS SOCIOECONOMIC AND ENVIRONMENTAL IMPACTS ON THE EAST BOSTON COMMUNITY ARISING AS A RESULT OF PROJECTS, FACILITIES, AND ACTIVITIES NOW BEING CARRIED OUT AND TO BE CARRIED OUT IN THE FUTURE AT BOSTON-LOGAN INTERNATIONAL AIRPORT BY THE MASSACHUSETTS PORT AUTHORITY.
Activities or mission (Part I)
EAST BOSTON FOUNDATION IS A NON-PROFIT ORGANIZATION THAT PROVIDES GRANTS FOR CHILD CARE AND EARLY EDUCATION, ELEMENTARY EDUCATION, SECONDARY & HIGH SCHOOL EDUCATION, SUMMER & AFTER SCHOOL PROGRAMS, SENIOR CITIZEN & ADULT EDUCATION & RECREATION, ESL INSTRUCTION, COMMUNITY & CULTURAL EVENTS, SPORTS & RECREATION PROGRAMS, BUSINESS DEVELOPMENT & SEMINARS, CAPITAL IMPROVEMENT & COMMUNITY BEAUTIFICATION, AND MORE TO IMPROVE THE QUALITY OF LIFE FOR THE COMMUNITY OF EAST BOSTON.
-
VARIOUS GRANTS MADE TO EAST BOSTON ORGANIZATIONS TO SUPPORT AND IMPROVE THE QUALITY OF LIFE IN THE COMMUNITY.
Expenses $448,207 · Grants $448,207
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Christopher MarchiCHRISTOPHER MARCHI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nina Gaeta ColettaNINA GAETA COLETTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kannan ThiruKANNAN THIRU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff Drago EsqJEFF DRAGO ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David ArinellaDAVID ARINELLA
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Audry NagleAUDRY NAGLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas TassinariTHOMAS TASSINARI
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Gloribell MotaGLORIBELL MOTA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Fran CarboneFRAN CARBONE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James KearneyJAMES KEARNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lorene SchettinoLORENE SCHETTINO
EXECUTIVE DIRECTOR
- Total calculated
- $40,000
- From this org
- $0
- From related orgs
- $40,000
- Other
- $0
- Hours/week
- 20
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
EB APAC (ABCD SUMMERWORKS)
$45,000
PROVIDE JOBS TO YOUTHS
-
$37,500
TEACHES CHILDREN MUSIC AND HOLDS MUSICAL EVENTS
-
$37,500
COMMUNITY CENTER TO SUPPORT TEEN PROGRAMS AND YOUTH SERVICES PROGRAMING.
-
COMMUNITY CENTER TO SUPPORT TEEN PROGRAMS AND YOUTH SERVICES PROGRAMING.
-
$25,000
HELPS THE LOCAL COMMUNITY WITH CHILD CARE AND VARIOUS HEALTH AND WELLNESS
-
$25,000
TO ENHANCE THE LIVES OF EAST BOSTON RESIDENTS.
-
CLEAN STREETS PROGRAM
-
$18,000
TO ENHANCE THE LIVES OF CHILDREN, YOUTH AND FAMILIES IN EAST BOSTON
-
EB SOCIAL CENTERS - ALL PROGRAMS
$12,500
COMMUNITY CENTER TO SUPPORT TEEN PROGRAMS AND YOUTH SERVICES PROGRAMING.
-
$12,500
DEDICATED TO PROVIDING ACCESSIBLE RECREATIONAL, EDUCATIONAL, AND PERSONAL GROWTH OPPORTUNITIES FOR PEOPLE OF ALL AGES
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413119349301831
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.