World Boston Inc
- Assets
- $925.5k
- Revenue
- $630.3k
- Investments
- $0.0
- Employees
- 13
- Location
- Boston, MA
- Founding
- 06/1963
- Data as of
- 12/2021
- EIN
- 04-2281954
Organization Overview
World Boston Inc is located in Boston, MA. The organization was established in 1963. As of 12/2021, World Boston Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Boston Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, World Boston Inc generated $630.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $546.9k during the year ending 12/2021. While expenses have increased by 8.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A PRIVATE, NON-PROFIT, NON-PARTISAN FORUM FOR EDUCATING THE PUBLIC ABOUT MATTERS OF NATIONAL AND INTERNATIONAL SIGNIFICANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ASSISTANCE TO VISITORS TO THE UNITED STATES, SPONSORED BY THE U.S. GOVERNMENT BY ARRANGING ACCOMODATIONS, APPOINTMENTS, AND RECEPTIONS.
OTHER PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Yntema President | Officer | 40 | $132,000 |
Cymrot Jeffrey Chairman | OfficerTrustee | 4 | $0 |
Ebling Thomas Treasurer | OfficerTrustee | 4 | $0 |
Schwartz Bennett Clerk | OfficerTrustee | 4 | $0 |
Ancona Henry Director | Trustee | 2 | $0 |
Carr Edward Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,300 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $372,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $215,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $595,400 |
| Total Program Service Revenue | $34,600 |
| Investment income | $300 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $630,300 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $132,000 |
| Compensation of current officers, directors, key employees. | $33,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $227,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,700 |
| Payroll taxes | $31,000 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,400 |
| Office expenses | $8,000 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,300 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $900 |
| Interest | $200 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,400 |
| Insurance | $2,900 |
| All other expenses | $0 |
| Total functional expenses | $546,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $536,900 |
| Savings and temporary cash investments | $174,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,700 |
| Net Land, buildings, and equipment | $33,700 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $175,200 |
| Total assets | $925,500 |
| Accounts payable and accrued expenses | $17,400 |
| Grants payable | $0 |
| Deferred revenue | $278,400 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,100 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,700 |
| Total liabilities | $310,600 |
| Net assets without donor restrictions | $422,900 |
| Net assets with donor restrictions | $192,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $925,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that World Boston Inc has recieved totaling $5,005.
| Awarding Organization | Amount |
|---|---|
Aquidneck Foundation Chestnut Hill, MA PURPOSE: UNRESTRICTED CONTRIBUTION | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $172,800 |
| Earnings | $300 |
| Other Expense | $2,400 |
| Ending Balance | $170,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nysa-Ila Container Royalty Fund Jersey City, NJ | $55,480,172 | $104,394,382 |
Urban Affairs Coalition Philadelphia, PA | $25,704,306 | $97,554,481 |
Ted Foundation Inc New York, NY | $82,825,056 | $86,531,507 |
Neighborhood Association For Inter Cultural Affairs Inc Bronx, NY | $108,593,584 | $80,687,284 |
Brooklyn Navy Yard Development Corporation Brooklyn, NY | $543,633,704 | $68,378,369 |
Unsatisfied Claims & Judgement Fund Basking Ridge, NJ | $69,007,782 | $67,404,449 |
Fidelity Non-Profit Management Foundation Boston, MA | $2,237,901,889 | $256,876,248 |
Cent For Urban Community Svcs New York, NY | $78,734,129 | $72,768,234 |
Gs1 Us Inc Ewing, NJ | $478,037,755 | $93,863,501 |
Pershing Square Foundation New York, NY | $346,223,156 | $346,633,563 |
The Community Preservation Corporation New York, NY | $1,407,109,282 | $65,839,600 |
Conference Board Inc New York, NY | $64,541,991 | $72,603,284 |