Dudley Square Realty Corporation

EIN: 453587059 501(c)(3) Education

Boston, MA

Total Revenue
$2,896
Total Expenses
$3,977,153
Total Assets
$82,236,037
Net Assets
$82,236,037
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MA
Principal Officer
JERICA BRADLEY
Phone
6176354140
Tax Period
2024-07-01 to 2025-06-30

Dudley Square Realty Corporation, founded in 2011, is a micro nonprofit in the Education sector that reported $3K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $4.0M exceeded revenue, resulting in a 137233% operating deficit.

Mission

TO STIMULATE NEW ECONOMIC DEVELOPMENT IN ONE OF BOSTON'S MOST UNDERDEVELOPED NEIGHBORHOODS, AS WELL AS TO LOCATE A NEW BOSTON PUBLIC SCHOOLS ("BPS") HEADQUARTERS IN THE DEMOGRAPHIC CENTER OF BOSTON'S SCHOOL POPULATION. THE MOST SIGNIFICANT ACTIVITIES HAVE BEEN TO ACQUIRE THE SITE, FINANCE, CONSTRUCT AND LEASE A 215,000 SQUARE FOOT BUILDING IN DUDLEY SQUARE IN BOSTON, MA, TO BE LEASED TO THE CITY OF BOSTON AND OCCUPIED BY BPS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $2,896
Other Revenue $0
TOTAL REVENUE $2,896

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,977,153
Other Expenses $3,977,153
TOTAL EXPENSES $3,977,153

Year-over-Year Comparison

2024 2023 Change
Revenue $2,896 $3,151 -0.1%
Expenses $3,977,153 $3,977,182 0.0%
Net Income $-3,974,257 $-3,974,031 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
3

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
4
$712,523
Total Directors
3
$564,929
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DION IRISH TREASURER/CHIEF OF OPERATIONS 1.0
Officer Director
$0 $25,327 $198,394
ASHLEY GROFFENBERGER PRESIDENT/CFO, COLLECTOR-TREAS 1.0
Officer Director
$0 $25,327 $194,880
SEGUN IDOWU Clerk 1.0
Officer Director
$0 $10,549 $171,655
JERICA BRADLEY 1ST ASST. COLLECTOR-TREASURER 1.0
Officer
$0 $8,654 $147,594
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 $2,896 $3,977,153 $82,236,037 $-3,974,257
2024 $3,151 $3,977,182 $86,210,294 $-3,974,031
2023 $96,171 $3,977,180 $90,296,471 $-3,881,009
2022 $25,170 $3,983,162 $94,086,313 $-3,957,992
2021 $123 $14,172,494 $98,074,702 $-14,172,371
2020 $42,385,137 $4,344,676 $112,230,322 $38,040,461
2019 $1,591,731 $4,550,629 $115,045,002 $-2,958,898
2018 $1,586,203 $4,568,969 $117,987,275 $-2,982,766
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Dudley Square Realty Corporation with other nonprofits in Massachusetts and across the country.