BOURQUE FAMILY FOUNDATION INC

EIN: 821999119 501(c)(3) Philanthropy & Grantmaking

WOBURN, MA

Total Revenue
$810,628
Total Expenses
$827,501
Total Assets
$195,718
Net Assets
$173,332
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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
2017
Legal Domicile
MA
Principal Officer
ERIN LYNCH
Phone
7813054893
Tax Period
2023-01-01 to 2023-12-31

BOURQUE FAMILY FOUNDATION INC, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $811K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year.

Mission

THE BOURQUE FAMILY FOUNDATION STRIVES TO CONTINUE THE IMPACT MADE THROUGH RAY'S LEADERSHIP BY SUPPORTING A WIDE VARIETY OF CHARITABLE AND EDUCATIONAL ENDEAVORS

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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 $74,155
Program Service Revenue $736,473
Investment Income $0
Other Revenue $0
TOTAL REVENUE $810,628

Expense Breakdown

Grants Paid $173,778
Salaries & Benefits $0
Fundraising Expenses $502,790
Program Expenses $258,017
Other Expenses $653,723
TOTAL EXPENSES $827,501

Year-over-Year Comparison

2023 2022 Change
Revenue $810,628 $965,262 -0.2%
Expenses $827,501 $890,990 -0.1%
Net Income $-16,873 $74,272 -1.2%
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
4
Independent Members
4
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAYMOND J BOURQUE PRESIDENT 6.00
Officer Director
$0 $0 $0
CHRISTIANE BOURQUE VICE-PRESIDENT 4.00
Officer Director
$0 $0 $0
JOHN MCGLYNN CLERK 4.00
Officer Director
$0 $0 $0
JOSEPH WADLAND TREASURER 4.00
Officer Director
$0 $0 $0
THOMAS CULLEN DIRECTOR 2.00
Director
$0 $0 $0
CHRISTOPHER BOURQUE DIRECTOR 2.00
Director
$0 $0 $0
RYAN BOURQUE DIRECTOR 2.00
Director
$0 $0 $0
MELISSA BOURQUE-SIMARD DIRECTOR 2.00
Director
$0 $0 $0
ERIN LYNCH EXECUTIVE DIRECTOR 2.00
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 $810,628 $827,501 $195,718 $-16,873
2023 $377,607 $371,632 $222,759 $5,975
2022 $965,262 $890,990 $259,513 $74,272
2021 $470,260 $376,184 $167,126 $94,076
2020 $272,647 $262,601 $49,050 $10,046
2019 $488,374 $506,085 $49,879 $-17,711
2018 $400,719 $392,373 $47,715 $8,346
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