MASSACHUSETTS PROJECT 351 INC

EIN: 454103159 501(c)(3) Youth Development

BOSTON, MA

Total Revenue
$741,912
Total Expenses
$1,066,050
Total Assets
$124,148
Net Assets
$-4,084
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MA
Principal Officer
CHARLIE ROSE
Phone
6173877100
Tax Period
2023-01-01 to 2023-12-31

MASSACHUSETTS PROJECT 351 INC, founded in 2011, is a small nonprofit in the Youth Development sector that reported $742K in total revenue in fiscal year 2023. Expenses of $1.1M exceeded revenue, resulting in a 44% operating deficit.

Mission

EDUCATE YOUTH FROM 351 CITIES AND TOWNS IN MASSACHUSETTS IN CONNECTION WITH THE DEVELOPMENT OF LEADERSHIP AND OTHER RELATED SKILLS, TO EDUCATE YOUTH ON EMERGING COMMUNITY SERVICE TRENDS, INNOVATIONS AND OPPORTUNITIES AT THE STATE AND FEDERAL LEVEL.

Program Service Accomplishments

Program 1
Expenses: $869,244

PROJECT 351 ENGAGES EIGHTH GRADE AMBASSADORS REPRESENTING EACH OF THE 351 CITIES AND TOWNS IN MASSACHUSETTS IN A UNIQUE 12-MONTH PROGRAM THAT COMBINES IMMERSIVE SERVICE LEADERSHIP, NEAR-PEER...

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PROJECT 351 ENGAGES EIGHTH GRADE AMBASSADORS REPRESENTING EACH OF THE 351 CITIES AND TOWNS IN MASSACHUSETTS IN A UNIQUE 12-MONTH PROGRAM THAT COMBINES IMMERSIVE SERVICE LEADERSHIP, NEAR-PEER MENTORSHIP, CIVIC ENGAGEMENT, AND TRAINING ON DIVERSITY, EQUITY, AND INCLUSION. ANNUAL PROGRAM HIGHLIGHTS INCLUDE THE SERVICE LEADERSHIP ACADEMY, A VIRTUAL FORUM FOR SERVICE LEARNING, SKILLS DEVELOPMENT, AND CIVIC ENGAGEMENT; NEAR-PEER MENTORSHIP BY HIGH SCHOOL ALUMNI; EXECUTION OF STATEWIDE SERVICE CAMPAIGNS; AND TWO "UNITY" EVENTS (LAUNCH DAY AND LEADERSHIP REUNION) WITH THE GOVERNOR OF THE COMMONWEALTH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $741,901
Program Service Revenue $0
Investment Income $11
Other Revenue $0
TOTAL REVENUE $741,912

Expense Breakdown

Grants Paid $0
Salaries & Benefits $542,304
Fundraising Expenses $19,408
Program Expenses $869,244
Other Expenses $523,746
TOTAL EXPENSES $1,066,050

Year-over-Year Comparison

2023 2022 Change
Revenue $741,912 $760,421 0.0%
Expenses $1,066,050 $973,158 +0.1%
Net Income $-324,138 $-212,737 +0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
10
Independent Members
9
Employees
5
Volunteers
100

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
1
$150,000
Total Directors
10
$150,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLYN CASEY TREASURER/EXEC DIRECTOR 40.00
Officer Director
$150,000 $0 $150,000
ALEXANDER RICHMAN DIRECTOR 5.00
Director
$0 $0 $0
NOOR AL - SAAD DIRECTOR 1.00
Director
$0 $0 $0
CHARLIE ROSE BOARD CHAIR 5.00
Director
$0 $0 $0
JOSH FLORENCE DIRECTOR 1.00
Director
$0 $0 $0
NANCY ROUTH DIRECTOR 5.00
Director
$0 $0 $0
DENISE RICHARD DIRECTOR 1.00
Director
$0 $0 $0
THADDEUS MILES DIRECTOR 1.00
Director
$0 $0 $0
TOM O'BRIEN DIRECTOR 1.00
Director
$0 $0 $0
MAUREEN ALPHONSE-CHARLES DIRECTOR 1.00
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $741,912 $1,066,050 $124,148 $-324,138
2022 $760,421 $973,158 $355,599 $-212,737
2021 $873,616 $786,808 $540,390 $86,808
2020 $724,163 $784,829 $511,660 $-60,666
2019 $1,214,890 $738,857 $522,196 $476,033
2018 $533,428 $510,501 $41,091 $22,927
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