BOSTON AREA GLEANERS INC

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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

2007

Legal Domicile

Principal Officer

USHA THAKRAR

Phone

7818943212

Tax Period

2024-04-01 to 2025-03-31

BOSTON AREA GLEANERS INC, founded in 2007, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $8.6M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

BOSTON AREA GLEANERS IS COMMITTED TO INCREASING ACCESS TO FRESH FRUITS AND VEGETABLES ACROSS OUR COMMUNITIES WHILE SUPPORTING OUR REGION'S FARMS AND REDUCING SYSTEMIC FOOD WASTE.

Program Service Accomplishments

Program 1

Expenses: $7,619,441 Revenue: $1,967,910

HARVESTED/GLEANED 1,861,677 POUNDS OF PRODUCE LEFT IN THE FIELDS BY LOCAL AREA FARMERS; GREW AND HARVESTED 337,337 POUNDS OF VEGETABLES ON STONEFIELD FARM; PACKED AND DISTRIBUTED ALL PRODUCE AND...

HARVESTED/GLEANED 1,861,677 POUNDS OF PRODUCE LEFT IN THE FIELDS BY LOCAL AREA FARMERS; GREW AND HARVESTED 337,337 POUNDS OF VEGETABLES ON STONEFIELD FARM; PACKED AND DISTRIBUTED ALL PRODUCE AND TRANSPORTED IT IN OUR FLEET OF 23 REFRIGERATED TRUCKS TO OUR ARRAY OF PARTNERS: FOOD BANKS, FOOD PANTRIES, MEAL PROGRAMS AND SHELTERS WHO MAKE IT AVAILABLE TO FAMILIES AND INDIVIDUALS. THROUGH THE FOOD HUB WE ALSO HELP LOCAL FARMERS FIND MARKETS FOR THEIR PRODUCE WITH BUSINESSES, SCHOOLS, AND NONPROFIT ORGANIZATIONS AND PROVIDE SUBSIDIZED PICK UP AND DELIVERY SERVICES THAT MAXIMIZE PARTICIPATION.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,588,613

Program Service Revenue $1,723,406

Investment Income $22,994

Other Revenue $246,742

TOTAL REVENUE $8,581,755

Expense Breakdown

Grants Paid $4,567,517

Salaries & Benefits $1,872,195

Fundraising Expenses $167,242

Program Expenses $7,619,441

Other Expenses $2,096,742

TOTAL EXPENSES $8,536,454

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,581,755	$7,260,976	+0.2%
Expenses	$8,536,454	$6,487,862	+0.3%
Net Income	$45,301	$773,114	-0.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

794

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

$104,391

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK JOHNSON	PRESIDENT	5.00	Officer Director	$0	$0	$0
JOAN BLAUSTEIN	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CATHERINE KONICKI	TREASURER	5.00	Officer Director	$0	$0	$0
HANNAH GREEN	CLERK	2.00	Officer Director	$0	$0	$0
WILL MORNINGSTAR	DIRECTOR	1.00	Director	$0	$0	$0
SAHANA RAO-CHAKRAVORTI	DIRECTOR	1.00	Director	$0	$0	$0
PETER THAYER	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY VOSS	DIRECTOR	1.00	Director	$0	$0	$0
MEREDITH WILLOUGHBY	DIRECTOR	1.00	Director	$0	$0	$0
SEAN AHERN	DIRECTOR	1.00	Director	$0	$0	$0
IVAN BASCH	DIRECTOR	1.00	Director	$0	$0	$0
DIANE REMIN	DIRECTOR	1.00	Director	$0	$0	$0
USHA THAKRAR	EXECUTIVE DIRECTOR	40.00	Officer	$98,759	$5,632	$104,391

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	$8,581,755	$8,536,454	$6,668,554	$45,301
2024	$7,260,976	$6,487,862	$6,669,600	$773,114
2023	$4,841,055	$4,613,739	$5,765,854	$227,316
2022	$7,361,756	$4,664,218	$5,396,284	$2,697,538
2021	$7,738,077	$5,597,805	$2,816,951	$2,140,272
2020	$2,165,050	$2,344,941	$465,386	$-179,891
2019	$1,904,835	$1,868,357	$633,695	$36,478