Boch Family Foundation
Boch Family Foundation consistently grows assets with minimal reported administrative costs.
EIN: 203429592 · Norwood, MA · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $101K |
| Program Spending | 90% |
| Net Assets | $2.9M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Boch Family Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Boch Family Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Boch Family Foundation in one place.
Form 990 Filing Summary
11 filing years are available, with latest revenue of $253K and expenses of $101K.
Revenue and Expenses
Boch Family Foundation reported $253K in revenue and $101K in expenses, a surplus of $152K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Boch Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $91K (90%) |
Across stored filings, Boch Family Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 11 stored filing years |
| Peer context | Compare with Joint Committee For Childrens Health Care In Everett | Massachusetts and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Keep the Investigation Moving
Boch Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boch Family Foundation
Boch Family Foundation (EIN: 203429592) is a nonprofit organization based in Norwood, MA, classified under NTEE code T30. The organization reported total revenue of $1.3M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boch Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boch Family Foundation is a mid-size nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $253K |
| Total Expenses | $101K |
| Surplus / Deficit | +$152K |
| Total Assets | $3.2M |
| Total Liabilities | $252K |
| Net Assets | $2.9M |
| Operating Margin | 60.1% |
| Debt-to-Asset Ratio | 7.9% |
| Months of Reserves | 377.3 months |
Financial Health Grade: A
In 2023, Boch Family Foundation reported a surplus of $152K with revenue exceeding expenses, holds 377.3 months of operating reserves (strong position), has a debt-to-asset ratio of 7.9% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), Boch Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -125.3% | -62.6% | +16.3% |
| 2021 | +32.9% | +33.1% | -6.6% |
| 2020 | -9.0% | -69.6% | +16.8% |
| 2019 | +68.3% | +2.8% | +44.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Boch Family Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Boch Family Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $152K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated by an external entity, which significantly reduces administrative overhead for the foundation itself.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Boch Family Foundation's IRS 990 filings:
- Negative revenue reported in 2022 ($ -160,156) without immediate explanation.
- Lack of detailed program spending breakdown within the provided summary, typical for grantmaking foundations but limits specific impact assessment.
Strengths
The following positive indicators were identified for Boch Family Foundation:
- Consistent growth in assets, from $1,442,077 in 2011 to $3,177,640 in 2023.
- Extremely low reported administrative costs, with 0% officer compensation across all filings.
- Strong financial health with expenses consistently lower than revenue in most periods, allowing for asset accumulation.
- Long history of IRS 990 filings (11 filings), indicating consistent compliance and transparency.
Frequently Asked Questions about Boch Family Foundation
Is Boch Family Foundation a legitimate charity?
Boch Family Foundation (EIN: 203429592) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Boch Family Foundation spend its money?
Boch Family Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Boch Family Foundation tax-deductible?
Boch Family Foundation is registered as a tax-exempt nonprofit (EIN: 203429592). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Boch Family Foundation's spending goes to programs?
Boch Family Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Boch Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Boch Family Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Boch Family Foundation located?
Boch Family Foundation is headquartered in Norwood, Massachusetts and files with the IRS under EIN 203429592. It is classified under NTEE code T30.
How many years of IRS 990 filings does Boch Family Foundation have?
Boch Family Foundation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.
What is the primary focus of the grants distributed by the Boch Family Foundation?
Based on the NTEE code T30 (Private Grantmaking Foundations), the foundation's primary focus is distributing grants to other organizations, though the specific areas of grantmaking are not detailed in the provided financial summary.
How does the foundation manage to have 0% officer compensation?
The 0% officer compensation reported suggests that officers are either serving in a purely voluntary capacity or their compensation is covered by a related entity, thereby not being reported as an expense of the foundation itself.
What caused the negative revenue of $-160,156 in 2022?
Negative revenue can occur due to investment losses, significant returns of prior year grants, or other non-operating adjustments. Without further detail from the full 990 filing, the exact cause cannot be determined.
Filing History
IRS 990 filing history for Boch Family Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Boch Family Foundation's revenue has grown by 67.6%, moving from $151K to $253K. Total assets increased by 98.1% over the same period, from $1.6M to $3.2M. Total functional expenses fell by 54.6%, from $223K to $101K. In its most recent filing year (2023), Boch Family Foundation reported a surplus of $152K, with revenue exceeding expenses. The organization holds $252K in liabilities against $3.2M in assets (debt-to-asset ratio: 7.9%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $253K | $101K | $3.2M | $252K | — | — |
| 2022 | $-160,156 | $57K | $3.0M | $1 | — | View 990 |
| 2021 | $633K | $152K | $2.6M | $1 | — | View 990 |
| 2020 | $476K | $114K | $2.8M | $1 | — | View 990 |
| 2019 | $523K | $375K | $2.4M | $0 | — | View 990 |
| 2015 | $311K | $364K | $1.6M | $0 | — | View 990 |
| 2014 | $316K | $216K | $1.7M | $0 | — | View 990 |
| 2013 | $471K | $293K | $1.6M | $0 | — | View 990 |
| 2012 | $178K | $205K | $1.4M | $0 | — | View 990 |
| 2011 | $136K | $285K | $1.4M | $0 | — | View 990 |
| 2010 | $151K | $223K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $253K, expenses of $101K, and assets of $3.2M.
- 2022: Revenue of $-160,156, expenses of $57K, and assets of $3.0M (revenue -125.3% year-over-year).
- 2021: Revenue of $633K, expenses of $152K, and assets of $2.6M (revenue +32.9% year-over-year).
- 2020: Revenue of $476K, expenses of $114K, and assets of $2.8M (revenue -9.0% year-over-year).
- 2019: Revenue of $523K, expenses of $375K, and assets of $2.4M (revenue +68.3% year-over-year).
- 2015: Revenue of $311K, expenses of $364K, and assets of $1.6M (revenue -1.5% year-over-year).
- 2014: Revenue of $316K, expenses of $216K, and assets of $1.7M (revenue -33.0% year-over-year).
- 2013: Revenue of $471K, expenses of $293K, and assets of $1.6M (revenue +164.6% year-over-year).
- 2012: Revenue of $178K, expenses of $205K, and assets of $1.4M (revenue +30.9% year-over-year).
- 2011: Revenue of $136K, expenses of $285K, and assets of $1.4M (revenue -10.1% year-over-year).
- 2010: Revenue of $151K, expenses of $223K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boch Family Foundation:
Data Sources and Methodology
This transparency report for Boch Family Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.