Boston Education Skills & Training Corp
Boston Education Skills & Training Corp shows consistent growth and no reported executive compensation.
EIN: 200917822 · Boston, MA · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2,424,576, |
| Net Assets | $2.2M |
| Transparency Score | 90/100 |
Is Boston Education Skills & Training Corp Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boston Education Skills & Training Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boston Education Skills & Training Corp
Boston Education Skills & Training Corp (EIN: 200917822) is a nonprofit organization based in Boston, MA, classified under NTEE code B60. The organization reported total revenue of $2.4M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boston Education Skills & Training Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boston Education Skills & Training Corp is a mid-size nonprofit that has been operating for 11 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$498K |
| Total Assets | $2.7M |
| Total Liabilities | $459K |
| Net Assets | $2.2M |
| Operating Margin | 24.2% |
| Debt-to-Asset Ratio | 17.1% |
| Months of Reserves | 20.7 months |
Financial Health Grade: A
In 2023, Boston Education Skills & Training Corp reported a surplus of $498K with revenue exceeding expenses, holds 20.7 months of operating reserves (strong position), has a debt-to-asset ratio of 17.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Boston Education Skills & Training Corp's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.9% | +40.7% | +46.1% |
| 2022 | -25.4% | -37.8% | +6.5% |
| 2021 | +20.1% | -8.9% | +7.7% |
| 2020 | -3.0% | +8.8% | +19.4% |
| 2019 | +9.1% | +6.8% | +14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2015 |
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 Boston Education Skills & Training Corp with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Boston Education Skills & Training Corp allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $498K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.1%.
Executive Compensation Analysis
Boston Education Skills & Training Corp has consistently reported 0% officer compensation across all available filings, indicating that no salaries were paid to officers, directors, or trustees. This is highly unusual for an organization of its size, with latest revenue of $2,424,576, and suggests a strong commitment to directing all funds towards its mission.
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.
Strengths
The following positive indicators were identified for Boston Education Skills & Training Corp:
- Consistent revenue growth over the past decade, from $1.1M in 2014 to over $2M in 2023.
- Strong asset accumulation, growing from $588K in 2014 to $2.69M in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency and mission focus.
- Positive net income in recent years, demonstrating sound financial management (e.g., $2,061,086 revenue vs. $1,563,274 expenses in 2023).
Frequently Asked Questions about Boston Education Skills & Training Corp
Is Boston Education Skills & Training Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Boston Education Skills & Training Corp (EIN: 200917822) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Boston Education Skills & Training Corp spend its money?
Boston Education Skills & Training Corp directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Boston Education Skills & Training Corp tax-deductible?
Boston Education Skills & Training Corp is registered as a tax-exempt nonprofit (EIN: 200917822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Boston Education Skills & Training Corp CEO make?
Boston Education Skills & Training Corp's highest-compensated officer earns $2,424,576, annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Boston Education Skills & Training Corp's spending goes to programs?
Boston Education Skills & Training Corp directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Boston Education Skills & Training Corp compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Boston Education Skills & Training Corp is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Boston Education Skills & Training Corp located?
Boston Education Skills & Training Corp is headquartered in Boston, Massachusetts and files with the IRS under EIN 200917822. It is classified under NTEE code B60.
How many years of IRS 990 filings does Boston Education Skills & Training Corp have?
Boston Education Skills & Training Corp has 12 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 $2.4M in total revenue.
Is Boston Education Skills & Training Corp financially stable?
Yes, the organization appears financially stable. It has consistently grown its revenue and assets over the past decade, with assets reaching $2,692,911 in 2023 and a healthy positive net income in recent years (e.g., $2,061,086 revenue vs. $1,563,274 expenses in 2023).
How does Boston Education Skills & Training Corp manage executive compensation?
The organization reports 0% officer compensation across all available filings, meaning no salaries were paid to officers, directors, or trustees. This is a significant indicator of its commitment to its mission.
Has the organization's revenue been growing?
Yes, Boston Education Skills & Training Corp has shown consistent revenue growth, increasing from $1,138,078 in 2014 to $2,061,086 in 2023, with a peak of $2,248,300 in 2021.
What is the trend in the organization's assets?
The organization's assets have shown a strong upward trend, growing from $588,386 in 2014 to $2,692,911 in 2023, indicating increasing financial strength and capacity.
Filing History
IRS 990 filing history for Boston Education Skills & Training Corp showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Boston Education Skills & Training Corp's revenue has grown by 108.5%, moving from $988K to $2.1M. Total assets increased by 421.6% over the same period, from $516K to $2.7M. Total functional expenses rose by 34.8%, from $1.2M to $1.6M. In its most recent filing year (2023), Boston Education Skills & Training Corp reported a surplus of $498K, with revenue exceeding expenses. The organization holds $459K in liabilities against $2.7M in assets (debt-to-asset ratio: 17.1%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.6M | $2.7M | $459K | — | View 990 |
| 2022 | $1.7M | $1.1M | $1.8M | $108K | — | View 990 |
| 2021 | $2.2M | $1.8M | $1.7M | $561K | — | View 990 |
| 2020 | $1.9M | $2.0M | $1.6M | $855K | — | View 990 |
| 2019 | $1.9M | $1.8M | $1.3M | $503K | — | View 990 |
| 2018 | $1.8M | $1.7M | $1.2M | $460K | — | View 990 |
| 2017 | $1.6M | $1.6M | $1.0M | $392K | — | View 990 |
| 2016 | $1.5M | $1.4M | $735K | $119K | — | View 990 |
| 2015 | $1.2M | $1.2M | $609K | $60K | — | View 990 |
| 2014 | $1.1M | $1.1M | $588K | $53K | — | View 990 |
| 2013 | $1.2M | $1.2M | $556K | $48K | — | View 990 |
| 2012 | $988K | $1.2M | $516K | $49K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.6M, and assets of $2.7M (revenue +22.9% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.1M, and assets of $1.8M (revenue -25.4% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.8M, and assets of $1.7M (revenue +20.1% year-over-year).
- 2020: Revenue of $1.9M, expenses of $2.0M, and assets of $1.6M (revenue -3.0% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.8M, and assets of $1.3M (revenue +9.1% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.7M, and assets of $1.2M (revenue +9.1% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $1.0M (revenue +10.7% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.4M, and assets of $735K (revenue +17.5% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $609K (revenue +9.6% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $588K (revenue -6.8% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $556K (revenue +23.5% year-over-year).
- 2012: Revenue of $988K, expenses of $1.2M, and assets of $516K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boston Education Skills & Training Corp:
Data Sources and Methodology
This transparency report for Boston Education Skills & Training Corp 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.