TIE-BOSTON FOUNDATION INC

EIN: 832946128 501(c)(3) Community Improvement

CAMBRIDGE, MA

Total Revenue
$181,788
Total Expenses
$226,357
Total Assets
$424,191
Net Assets
$333,276
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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
YASH SHAH
Phone
6173106078
Tax Period
2023-01-01 to 2023-12-31

TIE-BOSTON FOUNDATION INC, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $182K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $226K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO ENHANCE, SUPPORT, AND NURTURE ENTREPRENEURSHIP AMONG YOUNG PROFESSIONALS BY PROVIDING EDUCATION, MENTORING, AND OTHER ASSISTANCE.

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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 $70,000
Program Service Revenue $111,788
Investment Income $0
Other Revenue $0
TOTAL REVENUE $181,788

Expense Breakdown

Grants Paid $0
Salaries & Benefits $112,388
Fundraising Expenses $0
Program Expenses $141,139
Other Expenses $113,969
TOTAL EXPENSES $226,357

Year-over-Year Comparison

2023 2022 Change
Revenue $181,788 $242,738 -0.3%
Expenses $226,357 $225,363 +0.0%
Net Income $-44,569 $17,375 -3.6%
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
12
Independent Members
12
Employees
1
Volunteers
20

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
5
$96,554
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROWENA KAY MASCARENHAS EXECUTIVE DI 10.00
Officer
$0 $0 $96,554
YASH SHAH PRESIDENT 2.00
Officer Director
$0 $0 $0
RAKESH KAMDAR TREASURER 2.00
Officer Director
$0 $0 $0
EMILY LADD-KRAVITZ FORMER SECRE 1.00
Officer Director
$0 $0 $0
DAVID BARBASH SECRETARY 1.00
Officer Director
$0 $0 $0
ANU CHITRAPU DIRECTOR 1.00
Director
$0 $0 $0
MEGHA DESAI DIRECTOR 1.00
Director
$0 $0 $0
SHIRISH NIMGAONKAR DIRECTOR 1.00
Director
$0 $0 $0
GUARAV MALLIK DIRECTOR 1.00
Director
$0 $0 $0
ANUPENDRA SHARMA DIRECTOR 1.00
Director
$0 $0 $0
GEETHA SREEDHAR DIRECTOR 1.00
Director
$0 $0 $0
THOMAS ARUL DIRECTOR 1.00
Director
$0 $0 $0
VENKAT MAROJU DIRECTOR 1.00
Director
$0 $0 $0
SANGEETA MORRJANI 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 $181,788 $226,357 $424,191 $-44,569
2022 $242,738 $225,363 $472,830 $17,375
2021 $155,002 $156,623 $427,093 $-1,621
2020 $244,451 $165,586 $404,165 $78,865
2019 $354,349 $103,924 $339,982 $250,425
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