South Boston Association Of Nonprofits Inc
- Assets
- $13.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Boston, MA
- Founding
- 02/2007
- Data as of
- 06/2023
- EIN
- 71-0969464
Organization Overview
South Boston Association Of Nonprofits Inc is located in South Boston, MA. The organization was established in 2007. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Boston Association Of Nonprofits 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 06/2023, South Boston Association Of Nonprofits Inc generated $20.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $28.1k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
INCREASE THE VITALITY OF THE SOUTH BOSTON COMMUNITY,INCLUDING BY: ASSESSING ITS NEEDS PROACTIVELY;STRENGTHING THE CONNECTIONS AMONG NONPROFITORGANIZATIONS SERVICE AGENCIES AND COMMUNITY AND BUSINESS LEADERS;COORDINATING THEIR EFFORTS TO SERVE THE COMMUNITY; AND PROVIDING ACOLLECTIVE VOICE FOR SOUTH BOSTON ORGANIZATIONS IN OTHER INITIATIVES;TO BENEFIT THE COMMUNITY OF SOUTH BOSTON IN FURTHERANCE OF THECHARITABLE PURPOSES OF THE GENERAL MEMBERS OF THE CORPORATION,INCLUDING BY RAISING FUNDS AND MAKING GRANTS TO MEMBER ORGANIZATIONS OROTHER ORGANIZATIONS, AND BY FUNDING PROGRAMS AND PROJECTS THAT SERVETHE COMMUNITY OF SOUTH BOSTON; TO SERVE AS A SUPPORTING ORGANIZATION AS DEFINED IN 509(A)(3) OF THE U.S. INTERNAL REVENUE CODE OF 1986, ASAMENDED (THE "CODE"), IN SUPPORT OF THE CHARITABLE PURPOSES OF THEGENERAL MEMBERS, AND TO BE SUPERVISED OR CONTROLLED BY OR IN CONNECTIONWITH THE GENERAL MEMBERS IN FURTHERANCE OF SUCH PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Lafferty President | 1 | $0 | |
Mercy Robinson Clerk | 1 | $0 | |
John Mcgahan Director | 1 | $0 | |
Maureen Mcglame Director | 1 | $0 | |
Burns Stanfield Director | 1 | $0 | |
Donna Brown Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $116 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,216 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,410 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $675 |
| Total expenses | $28,085 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,658 |
| Other assets | $0 |
| Total assets | $13,658 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,658 |