The Boston Higher Education Resource Center Inc

EIN: 823215739 501(c)(3) Education

Boston, MA

Total Revenue
$1,981,277
Total Expenses
$1,505,039
Total Assets
$1,525,550
Net Assets
$1,460,663
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MA
Principal Officer
Carolina De Jesus
Phone
6172216495
Tax Period
2024-07-01 to 2025-06-30

The Boston Higher Education Resource Center Inc, founded in 2018, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 79% from the prior year, signaling strong growth momentum. The organization ran a surplus of $476K, a strong 24% operating margin.

Mission

The Boston Higher Education Resource Center equips first generation youth to obtain a higher education, break the cycle of poverty, and become agents of change in their communities.

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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 $1,590,079
Program Service Revenue $361,400
Investment Income $29,798
Other Revenue $0
TOTAL REVENUE $1,981,277

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,192,739
Fundraising Expenses $142,854
Program Expenses $1,150,537
Other Expenses $312,300
TOTAL EXPENSES $1,505,039

Year-over-Year Comparison

2024 2023 Change
Revenue $1,981,277 $1,103,968 +0.8%
Expenses $1,505,039 $1,225,748 +0.2%
Net Income $476,238 $-121,780 -4.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
19
Volunteers
45

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
$115,000
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Samuel Acevedo Board Chair 5.00
Director
$0 $0 $0
David Diaz Director 1.00
Director
$0 $0 $0
Wilson Santos Director 1.00
Director
$0 $0 $0
Richard Chang Director 1.00
Director
$0 $0 $0
Carolina Samudio-Ortega Director 1.00
Director
$0 $0 $0
Mark Snyder Treasurer 1.00
Director
$0 $0 $0
Dave Zagunis Director 1.00
Director
$0 $0 $0
Monica Roberts Director 1.00
Director
$0 $0 $0
Miguel Canan Director 1.00
Director
$0 $0 $0
Dalvin Sergio Estrada Director 1.00
Director
$0 $0 $0
Samuel Afari-Aikins Director 1.00
Director
$0 $0 $0
Victoria Jackson Director 1.00
Director
$0 $0 $0
Adilson Silveria-Baptista Clerk 1.00
Director
$0 $0 $0
Hon Herman Smith Director 1.00
Director
$0 $0 $0
Emily Melo Director 1.00
Director
$0 $0 $0
Reginald Eugene Smith III Director 1.00
Director
$0 $0 $0
Ednize Silveira Director 1.00
Director
$0 $0 $0
Carolina De Jesus Chief Executive Officer 40.00
Officer
$115,000 $0 $115,000
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 $1,981,277 $1,505,039 $1,525,550 $476,238
2024 No data No data No data No data
2023 $1,513,275 $998,428 $1,221,253 $514,847
2022 $1,006,493 $777,540 $640,530 $228,953
2021 $909,137 $725,975 $408,705 $183,162
2020 $718,875 $646,292 $282,366 $72,583
2019 $664,050 $615,555 $120,832 $48,495
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