BOSTON EDUCATION SKILLS & TRAINING CORP

EIN: 200917822 501(c)(3) Education

BOSTON, MA

Total Revenue
$2,557,283
Total Expenses
$2,353,975
Total Assets
$3,875,659
Net Assets
$2,650,432
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MA
Principal Officer
ABRIGAL FORRESTER
Phone
6175421177
Tax Period
2024-07-01 to 2025-06-30

BOSTON EDUCATION SKILLS & TRAINING CORP, founded in 2004, is a community nonprofit in the Education sector that reported $2.6M in total revenue in fiscal year 2024. Expenses of $2.4M left a modest 8% surplus.

Mission

TO PROVIDE INDIVIDUALS WITH THE EDUCATION AND SKILLS TO EXCEL IN THE HOSPITALITY INDUSTRY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $368,259
Program Service Revenue $2,144,442
Investment Income $44,582
Other Revenue $0
TOTAL REVENUE $2,557,283

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,404,394
Fundraising Expenses $121,976
Program Expenses $1,568,937
Other Expenses $949,581
TOTAL EXPENSES $2,353,975

Year-over-Year Comparison

2024 2023 Change
Revenue $2,557,283 $2,424,576 +0.1%
Expenses $2,353,975 $2,211,165 +0.1%
Net Income $203,308 $213,411 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
24
Volunteers
19

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$150,580
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ABRIGAL FORRESTER PRESIDENT 5.00
Officer Director
$0 $0 $0
SUZANNE LEE SECRETARY/TREASURER 5.00
Officer Director
$0 $0 $0
REBEKAH LASHMAN DIRECTOR 5.00
Director
$0 $0 $0
JAIMIE MCNEIL DIRECTOR 5.00
Director
$0 $0 $0
TANISHA MERANDA DIRECTOR 5.00
Director
$0 $0 $0
AISHA NECOECHEA EXECUTIVE DIRECTOR 37.50
Officer
$129,926 $20,654 $150,580
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,557,283 $2,353,975 $3,875,659 $203,308
2024 $2,424,576 $2,211,165 $2,826,860 $213,411
2023 $2,061,086 $1,563,274 $2,692,911 $497,812
2022 $1,677,047 $1,111,152 $1,843,721 $565,895
2021 $2,248,300 $1,787,244 $1,731,247 $461,056
2020 $1,872,155 $1,962,541 $1,607,312 $-90,386
2019 $1,929,100 $1,803,983 $1,345,598 $125,117
2018 $1,768,969 $1,689,195 $1,177,969 $79,774
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