Skip to content
ProPublica Donate
ProPublica Donate

Fab Foundation

  • Boston, MA
  • Tax-exempt since May 2011
  • EIN: 26-4836002

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Science and Technology Research Institutes, Services / Engineering (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$2.21M (2023)

Expenses
$3.24M (2023)

Total Assets
$1.63M (2023)

Total Liabilities
$708k (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,206,847
Expenses
$3,241,875
Net Income
-$1,035,028
Net Assets
$926,239
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,226,112
55.6%
Program Services $788,615
35.7%
Investment Income $27,846
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $164,274
7.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $125,160
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $324,634
10.0%
Assets/Debt
Total Assets $1,634,179
Total Liabilities $707,940
Net Assets $926,239
Compensation
Key Employees and Officers Compensation Related Other
Luciano Betoldi (Vice President/Coo) $112,423 $0 $0
Neil Gershenfeld (Chairman/Director/Consultant) $64,275 $0 $0
Sherry Lassiter (President/Director) $60,116 $0 $0
Marie Planchard (Treasurer/Director) $0 $0 $0
Blair Evans (Director) $0 $0 $0
Katie Rast (Secretary/Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 7, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,649,329
Expenses
$3,735,780
Net Income
-$1,086,451
Net Assets
$1,965,781
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,095,819
41.4%
Program Services $1,553,428
58.6%
Investment Income $82
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $165,500
4.4%
Professional Fundraising Fees $0
Other Salaries and Wages $111,164
3.0%
Assets/Debt
Total Assets $3,453,460
Total Liabilities $1,487,679
Net Assets $1,965,781
Compensation
Key Employees and Officers Compensation Related Other
Neil Gershenfeld (Chairman/Director/Consultant) $110,000 $0 $0
Luciano Betoldi (International Operations Director) $105,500 $0 $0
Sherry Lassiter (President/Director) $55,500 $0 $0
Marie Planchard (Treasurer/Director) $0 $0 $0
Blair Evans (Director) $0 $0 $0
Katie Rast (Secretary/Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 8, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,603,989
Expenses
$3,187,148
Net Income
$416,841
Net Assets
$2,940,240
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,221,740
61.6%
Program Services $1,381,681
38.3%
Investment Income $568
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $172,714
5.4%
Professional Fundraising Fees $0
Other Salaries and Wages $477,849
15.0%
Assets/Debt
Total Assets $3,602,930
Total Liabilities $662,690
Net Assets $2,940,240
Compensation
Key Employees and Officers Compensation Related Other
Sonya Pryor Jones (Chief Implementation Offic) $120,357 $0 $30,837
Neil Gershenfeld (Chairman/Director/Consultant) $117,000 $0 $0
Sherry Lassiter (President/Director) $55,500 $0 $0
Marie Planchard (Treasurer/Director) $0 $0 $0
Blair Evans (Director) $0 $0 $0
Katie Rast (Secretary/Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 11, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,362,728
Expenses
$4,359,956
Net Income
$2,772
Net Assets
$2,526,874
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,154,784
72.3%
Program Services $1,217,384
27.9%
Investment Income $1,060
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$10,500
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $155,927
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $629,230
14.4%
Assets/Debt
Total Assets $3,585,576
Total Liabilities $1,058,702
Net Assets $2,526,874
Compensation
Key Employees and Officers Compensation Related Other
Sonya Pryor Jones (Chief Implementation Officer) $102,500 $0 $20,487
Neil Gershenfeld (Chairman/Director) $100,000 $0 $0
Sherry Lassiter (President/Director) $55,500 $0 $0
Marie Planchard (Treasurer/Director) $0 $0 $0
Blair Evans (Director) $0 $0 $0
Katie Rast (Secretary/Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 4, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,606,528
Expenses
$3,851,392
Net Income
-$244,864
Net Assets
$2,525,169
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,746,391
48.4%
Program Services $1,857,671
51.5%
Investment Income $2,466
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $137,051
3.6%
Professional Fundraising Fees $6,000
0.2%
Other Salaries and Wages $739,582
19.2%
Assets/Debt
Total Assets $3,324,565
Total Liabilities $799,396
Net Assets $2,525,169
Compensation
Key Employees and Officers Compensation Related Other
Sonya Pryor Jones (Chief Implementation Officer) $102,500 $0 $16,577
Neil Gershenfeld (Chairman/Director) $80,000 $0 $0
Sherry Lassiter (President/Director) $56,750 $0 $0
Marie Planchard (Treasurer/Director) $0 $0 $0
Blair Evans (Director) $0 $0 $0
Katie Rast (Secretary/Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 4, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,662,636
Expenses
$5,351,096
Net Income
-$688,460
Net Assets
$2,774,919
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,178,499
68.2%
Program Services $1,480,087
31.7%
Investment Income $4,050
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $165,430
3.1%
Professional Fundraising Fees $13,734
0.3%
Other Salaries and Wages $782,423
14.6%
Assets/Debt
Total Assets $3,798,420
Total Liabilities $1,023,501
Net Assets $2,774,919
Compensation
Key Employees and Officers Compensation Related Other
Neil Gershenfeld (Chairman/Director) $111,750 $0 $0
Sonya Pryor Jones (Chief Implementation Officer) $102,500 $0 $0
Sherry Lassiter (President/Director) $53,462 $0 $0
Marie Planchard (Treasurer/Director) $0 $0 $0
Blair Evans (Director) $0 $0 $0
Katie Rast (Secretary/Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 7, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,676,113
Expenses
$6,739,538
Net Income
-$3,063,425
Net Assets
$3,470,098
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,589,150
43.2%
Program Services $2,078,599
56.5%
Investment Income $8,364
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $165,650
2.5%
Professional Fundraising Fees $15,000
0.2%
Other Salaries and Wages $488,903
7.3%
Assets/Debt
Total Assets $4,504,808
Total Liabilities $1,034,710
Net Assets $3,470,098
Compensation
Key Employees and Officers Compensation Related Other
Neil Gershenfeld (Chairman/Director) $115,000 $0 $0
Sherry Lassiter (President/Director) $50,650 $0 $0
Marie Planchard (Treasurer/Director) $0 $0 $0
Chris Wilkinson (Clerk/Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 13, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,026,514
Expenses
$7,819,511
Net Income
-$792,997
Net Assets
$6,541,571
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,565,630
50.7%
Program Services $3,448,348
49.1%
Investment Income $12,536
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $161,530
2.1%
Professional Fundraising Fees $15,250
0.2%
Other Salaries and Wages $283,231
3.6%
Assets/Debt
Total Assets $7,577,939
Total Liabilities $1,036,368
Net Assets $6,541,571
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Neil Gershenfeld (Chairman/Director) $109,906 $0 $0
Sherry Lassiter (President/Treasurer/Director) $51,624 $0 $0
Marie Planchard (Director) $0 $0 $0
Chris Wilkinson (Clerk/Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 14, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF
This audit found:
Material weakness in internal controls

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,808,050
Expenses
$7,445,085
Net Income
-$2,637,035
Net Assets
$7,357,383
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,920,088
60.7%
Program Services $1,869,292
38.9%
Investment Income $44,535
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$25,865
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $130,650
1.8%
Professional Fundraising Fees $39,750
0.5%
Other Salaries and Wages $225,768
3.0%
Assets/Debt
Total Assets $8,589,130
Total Liabilities $1,231,747
Net Assets $7,357,383
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Neil Gershenfeld (Chairman/Director) $120,000 $0 $0
Sherry Lassiter (President/Treasurer/Director) $50,650 $0 $0
Stuart Gannes (Vice President/Director) $0 $0 $0
Simone Abouhab Amber (Clerk/Director) $0 $0 $0
Chris Wilkinson (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 11, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,632,548
Expenses
$1,893,947
Net Income
-$261,399
Net Assets
$10,001,318
Notable Sources of Revenue Percent of Total Revenue
Contributions $952,362
58.3%
Program Services $644,156
39.5%
Investment Income $36,018
2.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $12
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $37,987
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $73,188
3.9%
Assets/Debt
Total Assets $10,703,875
Total Liabilities $702,557
Net Assets $10,001,318
Compensation
Key Employees and Officers Compensation Related Other
Neil Gershenfeld (Director) $46,166 $0 $0
Sherry Lassiter (Treasurer/Clerk/Director) $37,988 $37,988 $0
Stuart Gannes (President/Director) $0 $0 $0
Simone Abouhab Amber (Director) $0 $0 $0
Chris Wilkinson (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 10, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,080,730
Expenses
$707,005
Net Income
$10,373,725
Net Assets
$10,300,949
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,636,749
96.0%
Program Services $443,981
4.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $10,300
1.5%
Assets/Debt
Total Assets $10,555,204
Total Liabilities $254,255
Net Assets $10,300,949
Compensation
Key Employees and Officers Compensation Related Other
Stuart Gannes (President/Director) $0 $0 $0
Sherry Lassiter (Treasurer/Clerk/Director) $0 $0 $0
Neil Gershenfeld (Director) $0 $0 $0
Simone Abouhab Amber (Director) $0 $0 $0
Chris Wilkinson (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 12, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$347,408
Expenses
$349,612
Net Income
-$2,204
Net Assets
$17,224
Notable Sources of Revenue Percent of Total Revenue
Contributions $63,005
18.1%
Program Services $284,403
81.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $161,506
Total Liabilities $144,282
Net Assets $17,224

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us

About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated