Totals
- Total revenue
- $611,943
- Total expenses
- $602,124
- Contributions and grants received
- $398,267
- Grants paid
- $0
- Program service revenue
- $211,128
- Investment income
- $2,548
- Other revenue
- $0
- Total assets, end of year
- $982,569
- Total liabilities, end of year
- $177,143
- Net assets or fund balances, end of year
- $805,426
- Program services expenses (Part IX)
- $466,259
- Management and general expenses
- $135,865
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $466,259
Program services were 77.4% 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.
-
1b · Membership dues
$246,560
-
1f · All other contributions, gifts and grants
$151,707
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $211,128 · related or exempt $211,128
-
3 · Investment income
total $2,548 · excluded $2,548
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $84,519 · program services $50,746 · management and general $33,773
-
7 · Other salaries and wages
total $36,233 · program services $34,047 · management and general $2,186
-
9 · Other employee benefits
total $7,985 · program services $231 · management and general $7,754
-
10 · Payroll taxes
total $11,835 · program services $8,432 · management and general $3,403
-
11c · Fees: accounting
total $20,305 · management and general $20,305
-
11g · Fees: other
total $14,204 · program services $11,237 · management and general $2,967
-
12 · Advertising and promotion
total $8,125 · management and general $8,125
-
13 · Office expenses
total $11,517 · program services $700 · management and general $10,817
-
14 · Information technology
total $22 · program services $22
-
16 · Occupancy
total $5,550 · management and general $5,550
-
17 · Travel
total $12,688 · program services $2,830 · management and general $9,858
-
22 · Depreciation, depletion and amortization
total $212 · management and general $212
-
23 · Insurance
total $3,454 · management and general $3,454
-
24a · Other expenses: MEMBERSHIP EXPENSES
total $192,789 · program services $192,789
-
24b · Other expenses: GRANT EXPENSES
total $137,668 · program services $137,668
-
24c · Other expenses: MEMBERSHIP DUES
total $38,220 · program services $11,296 · management and general $26,924
-
24d · Other expenses: OTHER EXPENSES
total $16,798 · program services $16,261 · management and general $537
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $687,403 · end of year $682,408
-
2 · Savings and temporary cash investments
beginning of year $220,000 · end of year $220,000
-
4 · Accounts receivable
beginning of year $71,828 · end of year $75,697
-
9 · Prepaid expenses and deferred charges
beginning of year $477 · end of year $3,261
-
10a · Land, buildings and equipment: cost or other basis
$1,061
-
10b · Land, buildings and equipment: accumulated depreciation
$318
-
10c · Land, buildings and equipment, net
beginning of year $955 · end of year $743
-
15 · Other assets
beginning of year $460 · end of year $460
-
17 · Accounts payable and accrued expenses
beginning of year $52,453 · end of year $45,997
-
19 · Deferred revenue
beginning of year $133,063 · end of year $131,146
-
27 · Net assets without donor restrictions
beginning of year $795,607 · end of year $805,426
Mission and programs · 2022
Mission
TIE-BOSTON, INC. WAS FORMED IN 1997 WITH ITS CORE MISSION TO FOSTER, ENCOURAGE AND SUPPORT ENTREPRENEURSHIP IN THE NEW ENGLAND REGION. THROUGH 8 VIBRANT PROGRAMS ON EDUCATION, MENTORING AND NETWORKING, TIE-BOSTON DELIVERS ON CREATING ENTREPRENEURS THAT WILL ADD VALUE TO SOCIETY.
-
ACTIVITIES THAT SUPPORT TIE-BOSTON'S VISION TO SUPPORT ENTREPRENEURS THROUGH THEIR LIFECYCLE - FROM IDEATION TO CREATION, THROUGH GROWTH, WEALTH CREATION AND ULTIMATELY, SUPPORT OF CURRENT AND FUTURE FOUNDERS.
Expenses $466,259 · Revenue $211,128
-
ACTIVITIES THAT SUPPORT TIE-BOSTON'S VISION TO SUPPORT ENTREPRENEURS THROUGH THEIR LIFECYCLE - FROM IDEATION TO CREATION, THROUGH GROWTH, WEALTH CREATION AND ULTIMATELY, SUPPORT OF CURRENT AND FUTURE FOUNDERS.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Thomas ArulTHOMAS ARUL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shirish NimgaonkarSHIRISH NIMGAONKAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Venkat MarojuVENKAT MAROJU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Darshana ZaveriDARSHANA ZAVERI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Geetha SreedharGEETHA SREEDHAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Zenobia MoochalaZENOBIA MOOCHALA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sangeeta MoorjaniSANGEETA MOORJANI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kiran UppuluriKIRAN UPPULURI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anu ChitrapuANU CHITRAPU
FORMER PRESI
- Total calculated
- $0
- Hours/week
- 1
-
Asha DixitASHA DIXIT
FORMER TREAS
- Total calculated
- $0
- Hours/week
- 1
-
Emily Ladd-KravitzEMILY LADD-KRAVITZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Rowena K MascarenhasROWENA K MASCARENHAS
EXECUTIVE DI
- Total calculated
- $84,519
- From this org
- $84,519
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Anupendra SharmaANUPENDRA SHARMA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Yash ShahYASH SHAH
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 2 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312849349300526
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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