CAMBRIDGE BOSTON ALIGNMENT INITIATIVE INC

EIN: 921463153 501(c)(3) Education

CAMBRIDGE, MA

Total Revenue
$1,497,763
Total Expenses
$1,128,480
Total Assets
$374,343
Net Assets
$369,283
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
DE
Principal Officer
KUHAN JEYAPRAGASAN
Phone
6176692623
Tax Period
2023-01-01 to 2023-12-31

CAMBRIDGE BOSTON ALIGNMENT INITIATIVE INC, founded in 2022, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2023. The organization ran a surplus of $369K, a strong 25% operating margin.

Mission

OUR MISSION IS TO ENGAGE IN CHARITABLE AND EDUCATIONAL ACTIVITIES WITHIN THE MEANING OF SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE 1986, AS AMENDED, OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW.

Program Service Accomplishments

Program 1
Expenses: $305,216 Revenue: $0

WORKSHOPS - CBAI SUPPORTS AND RUNS ONE-OFF WORKSHOPS WITH THE GOAL OF FURTHERING CONVERSATIONS AND NETWORKING IN AI SAFETY. THERE WERE APPROXIMATELY 5 WORKSHOPS RUN DURING 2023, INCLUDING A LONGER...

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WORKSHOPS - CBAI SUPPORTS AND RUNS ONE-OFF WORKSHOPS WITH THE GOAL OF FURTHERING CONVERSATIONS AND NETWORKING IN AI SAFETY. THERE WERE APPROXIMATELY 5 WORKSHOPS RUN DURING 2023, INCLUDING A LONGER, MORE INTENSIVE SUMMER WORKSHOP.

Program 2
Expenses: $296,928 Revenue: $0

GENERAL PROGRAM - CBAI SUPPORTS AND ACCELERATES STUDENTS INTERESTED IN PURSUING CAREERS IN AI SAFETY BY SERVING AS THE FISCAL SPONSOR AND OFFERING ADMINISTRATIVE SUPPORT FOR AI SAFETY STUDENT TEAMS...

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GENERAL PROGRAM - CBAI SUPPORTS AND ACCELERATES STUDENTS INTERESTED IN PURSUING CAREERS IN AI SAFETY BY SERVING AS THE FISCAL SPONSOR AND OFFERING ADMINISTRATIVE SUPPORT FOR AI SAFETY STUDENT TEAMS WHO ORGANIZE AND FACILITATE INTRODUCTORY FELLOWSHIPS FOR OTHER STUDENTS INTERESTED IN AI SAFETY, AS WELL AS RUN REGULAR READING/DISCUSSION GROUPS TO STRENGTHEN AND BOLSTER NETWORKING AND COLLABORATION AMONG GROUP MEMBERS. IN 2023 THERE WERE APPROXIMATELY 60 PARTICIPANTS IN THE REGULAR READING GROUPS AND APPROXIMATELY 175 PARTICIPANTS IN THE INTRODUCTORY READING GROUPS.

Program 3
Expenses: $167,309 Revenue: $0

MIT - FOLLOWING THE SUCCESSFUL MODEL DEVELOPED PRIMARILY FOR AND BY THE STUDENTS IN HARVARD SQUARE, SIMILAR PROGRAMMING BECAME IMPLEMENTED SPECIFICALLY FOR STUDENTS AFFILIATED WITH MIT. A SPECIFIC...

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MIT - FOLLOWING THE SUCCESSFUL MODEL DEVELOPED PRIMARILY FOR AND BY THE STUDENTS IN HARVARD SQUARE, SIMILAR PROGRAMMING BECAME IMPLEMENTED SPECIFICALLY FOR STUDENTS AFFILIATED WITH MIT. A SPECIFIC OFFICE SPACE WAS RENTED FOR THEM IN KENDALL SQUARE, TO PREPARE THEM TO RUN THEIR OWN INTRODUCTORY FELLOWSHIPS AND HOLD REGULAR READING/DISCUSSION GROUPS. THE MIT BOARD/LEADERSHIP TEAM STARTED WITH APPROXIMATELY 10 MEMBERS.

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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 $1,497,763
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,497,763

Expense Breakdown

Grants Paid $55,950
Salaries & Benefits $279,298
Fundraising Expenses $0
Program Expenses $841,933
Other Expenses $793,232
TOTAL EXPENSES $1,128,480

Year-over-Year Comparison

2023 2022 Change
Revenue $1,497,763 N/A N/A
Expenses $1,128,480 N/A N/A
Net Income $369,283 $0 N/A
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
3
Independent Members
2
Employees
14
Volunteers
10

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
3
$20,952
Total Directors
4
$18,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNIE BARNETT TREASURER 40
Officer
$20,952 $0 $20,952
SAM MARKS BOARD MEMBER 10
Director
$18,500 $0 $18,500
KUHAN JEYAPRAGASAN PRESIDENT 20
Officer Director
$0 $0 $0
TREVOR LEVIN SECRETARY 10
Officer Director
$0 $0 $0
XANDER DAVIES BOARD MEMBER 10
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 $1,497,763 $1,128,480 $374,343 $369,283
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