Bostonian Foundation Inc

Bostonian Foundation Inc. consistently operates at a deficit, with declining assets and high liabilities.

EIN: 201897201 · Braintree, MA · NTEE: E119 · Updated: 2026-03-28

$764KRevenue
$4.6MAssets
35/100Mission Score (Poor)
E119

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Bostonian Foundation Inc Financial Summary
MetricValue
Total Revenue$764K
Total Expenses$974K
Program Spending70%
Net Assets$-6,027,088
Transparency Score35/100

Search Intent Cockpit

Bostonian Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Bostonian Foundation Inc 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 Bostonian Foundation Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $750K and expenses of $974K.

Revenue and Expenses

Bostonian Foundation Inc reported $750K in revenue and $974K in expenses, a deficit of $224K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

35/100 mission score, 5 red flags, and 2 strengths are shown from structured and AI review.

Is Bostonian Foundation Inc Legit?

Significant Concerns

GoodFiling Consistency
GoodSpending Efficiency
ModerateTransparency
5 FoundRed Flags

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

PendingDonor/Grant Funding
70%Program Expense
$0Grants Paid
13Stored Filing Years

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

Bostonian Foundation Inc Expense Deployment
Program services$682K (70%)

Across stored filings, Bostonian Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Bostonian Foundation Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySignificant ConcernsGood filing record; 5 red flags identified
Mission spend70% to programsGood
Financial durabilityGrade C13 stored filing years
Peer contextCompare with Joint Committee For Childrens Health Care In EverettMassachusetts and Health context

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Bostonian Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Bostonian Foundation Inc

Bostonian Foundation Inc (EIN: 201897201) is a nonprofit organization based in Braintree, MA, classified under NTEE code E119. The organization reported total revenue of $764K and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bostonian Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Bostonian Foundation Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$750K
Total Expenses$974K
Surplus / Deficit$-224,094
Total Assets$4.9M
Total Liabilities$11.0M
Net Assets$-6,027,088
Operating Margin-29.9%
Debt-to-Asset Ratio221.9%
Months of Reserves60.9 months

Financial Health Grade: C

In 2023, Bostonian Foundation Inc reported a deficit of $224K with expenses exceeding revenue, holds 60.9 months of operating reserves (strong position), has a debt-to-asset ratio of 221.9% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Bostonian Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+50.3%-0.6%-4.5%
2022-40.3%-43.5%-5.6%
2021+3.1%+103.6%-23.3%
2020+1.2%-2.8%+6.6%
2019-0.2%-1.0%+1.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Bostonian Foundation Inc. exhibits a concerning financial trend, consistently spending more than it generates in revenue. For instance, in 2023, expenses were $974,342 against revenues of $750,248, resulting in a deficit of over $224,000. This pattern is not isolated, as evidenced by the 2022 figures where expenses ($980,489) significantly outstripped revenue ($499,189). Over the past decade, the organization has consistently operated at a deficit, leading to a substantial decline in assets from $7,720,038 in 2014 to $4,942,907 in 2023. Simultaneously, liabilities have remained very high, consistently exceeding $9 million and reaching $10,969,995 in 2023, far surpassing its assets. This indicates a precarious financial position where the organization is heavily reliant on debt or other long-term obligations. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's difficult to fully assess. However, the consistent operating deficits suggest that overall spending is not aligned with revenue generation. The absence of reported officer compensation across all filings indicates either a volunteer-led executive team or compensation is structured in a way that isn't reported as officer compensation on the 990, which could be a point of further inquiry for transparency. The significant and growing liabilities relative to declining assets are a major red flag for long-term sustainability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bostonian Foundation Inc with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Bostonian Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$750KTotal Revenue
$974KTotal Expenses
$4.9MTotal Assets
$11.0MTotal Liabilities
$-6,027,088Net Assets
  • The organization reported a deficit of $224K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 221.9%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer executive team or that executive compensation is not reported in this specific category, which warrants further investigation for complete transparency.

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 Bostonian Foundation Inc's IRS 990 filings:

  • Consistent operating deficits (e.g., $224,094 in 2023, $481,300 in 2022).
  • High and increasing liabilities significantly exceeding assets (e.g., $10,969,995 liabilities vs. $4,942,907 assets in 2023).
  • Significant decline in assets over the past decade (from $7.7M in 2014 to $4.9M in 2023).
  • Lack of detailed expense breakdown to assess program efficiency.
  • Long-term financial unsustainability indicated by persistent deficits and debt.

Strengths

The following positive indicators were identified for Bostonian Foundation Inc:

  • Consistent filing of IRS Form 990s, indicating compliance with reporting requirements.
  • No reported officer compensation, which could indicate a volunteer-led executive team (though further clarity is needed).

Frequently Asked Questions about Bostonian Foundation Inc

Is Bostonian Foundation Inc a legitimate charity?

Bostonian Foundation Inc (EIN: 201897201) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 35/100. It has 13 years of IRS 990 filings on record. Total revenue: $764K. 5 red flags identified. 2 strengths noted. Financial health grade: C.

How does Bostonian Foundation Inc spend its money?

Bostonian Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Bostonian Foundation Inc tax-deductible?

Bostonian Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201897201). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Bostonian Foundation Inc's spending goes to programs?

Bostonian Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Bostonian Foundation Inc compare to similar nonprofits?

With a transparency score of 35/100 (Poor), Bostonian Foundation Inc is below average for NTEE category E119 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Bostonian Foundation Inc located?

Bostonian Foundation Inc is headquartered in Braintree, Massachusetts and files with the IRS under EIN 201897201. It is classified under NTEE code E119.

How many years of IRS 990 filings does Bostonian Foundation Inc have?

Bostonian Foundation Inc has 13 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 $764K in total revenue.

How does Bostonian Foundation Inc. plan to address its consistent operating deficits?

The organization has consistently spent more than its revenue for over a decade, with a deficit of $224,094 in 2023 and $481,300 in 2022. A clear strategy for achieving financial sustainability is crucial.

What is the nature of the organization's high and increasing liabilities?

Liabilities have consistently been over $9 million, reaching $10,969,995 in 2023, significantly exceeding assets. Understanding the composition and repayment plan for these liabilities is critical.

What is the detailed breakdown of program, administrative, and fundraising expenses?

Without a detailed breakdown, it's challenging to assess spending efficiency and ensure funds are primarily directed towards programmatic activities, especially given the overall financial strain.

How does the organization plan to reverse the trend of declining assets?

Assets have decreased from $7,720,038 in 2014 to $4,942,907 in 2023. A strategy for asset growth or preservation is necessary for long-term stability.

Is the executive leadership truly unpaid, or is compensation structured differently?

The consistent reporting of 0% officer compensation across all filings raises questions about how executive leadership is compensated, if at all, and whether this is fully transparent.

Filing History

IRS 990 filing history for Bostonian Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Bostonian Foundation Inc's revenue has declined by 21.8%, moving from $960K to $750K. Total assets decreased by 37.4% over the same period, from $7.9M to $4.9M. Total functional expenses fell by 2.2%, from $996K to $974K. In its most recent filing year (2023), Bostonian Foundation Inc reported a deficit of $224K, with expenses exceeding revenue. The organization holds $11.0M in liabilities against $4.9M in assets (debt-to-asset ratio: 221.9%), resulting in net assets of $-6,027,088.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $750K $974K $4.9M $11.0M
2022 $499K $980K $5.2M $11.0M View 990
2021 $836K $1.7M $5.5M $10.8M View 990
2020 $810K $853K $7.2M $10.2M View 990
2019 $800K $878K $6.7M $9.7M View 990
2018 $802K $887K $6.6M $9.5M View 990
2017 $802K $886K $6.9M $9.7M View 990
2016 $802K $861K $7.3M $10.1M View 990
2015 $820K $838K $7.7M $10.6M View 990
2014 $836K $854K $7.7M $10.6M View 990
2013 $792K $1.3M $7.9M $10.9M View 990
2012 $867K $990K $7.6M $10.1M View 990
2011 $960K $996K $7.9M $10.3M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $750K, expenses of $974K, and assets of $4.9M (revenue +50.3% year-over-year).
  • 2022: Revenue of $499K, expenses of $980K, and assets of $5.2M (revenue -40.3% year-over-year).
  • 2021: Revenue of $836K, expenses of $1.7M, and assets of $5.5M (revenue +3.1% year-over-year).
  • 2020: Revenue of $810K, expenses of $853K, and assets of $7.2M (revenue +1.2% year-over-year).
  • 2019: Revenue of $800K, expenses of $878K, and assets of $6.7M (revenue -0.2% year-over-year).
  • 2018: Revenue of $802K, expenses of $887K, and assets of $6.6M (revenue +0.0% year-over-year).
  • 2017: Revenue of $802K, expenses of $886K, and assets of $6.9M (revenue -0.1% year-over-year).
  • 2016: Revenue of $802K, expenses of $861K, and assets of $7.3M (revenue -2.1% year-over-year).
  • 2015: Revenue of $820K, expenses of $838K, and assets of $7.7M (revenue -1.9% year-over-year).
  • 2014: Revenue of $836K, expenses of $854K, and assets of $7.7M (revenue +5.5% year-over-year).
  • 2013: Revenue of $792K, expenses of $1.3M, and assets of $7.9M (revenue -8.6% year-over-year).
  • 2012: Revenue of $867K, expenses of $990K, and assets of $7.6M (revenue -9.7% year-over-year).
  • 2011: Revenue of $960K, expenses of $996K, and assets of $7.9M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Bostonian Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Bostonian Foundation Inc 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.

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