Magazine Beach Partners Inc
- Assets
- $74.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 08/2017
- Data as of
- 12/2023
- EIN
- 82-2453586
Organization Overview
Magazine Beach Partners Inc is located in Cambridge, MA. The organization was established in 2017. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magazine Beach Partners 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 12/2023, Magazine Beach Partners Inc generated $10.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (28.6%) each year. All expenses for the organization totaled $141.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Zusy President & Director | 10 | $0 | |
Kenneth L Carson Clerk & Director | 2 | $0 | |
Brian Conway Director | 1 | $0 | |
Decia Goodwin Director & Treasurer | 2 | $0 | |
Fred Yalouris Director | 1 | $0 | |
Richard Garver Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,492 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,500 |
| 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 | $5,305 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,467 |
| Total expenses | $141,057 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,308 |
| Other assets | $0 |
| Total assets | $74,308 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,308 |