Boston Impact Initiative Fund
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: Community Improvement, Capacity Building / Single Organization Support (NTEE)
Donations to this organization are tax deductible.
Details
According to its Dec. 2024 tax filing, this nonprofit:
Summary charts: organization finances over time
Revenue $5.41M (2024)
Expenses $2.78M (2024)
Total Assets $23.4M (2024)
Total Liabilities $18.3M (2024)
Tax Filings 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.
Fiscal Year Ending Dec.
2024
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $4,506,582 |
83.3%
|
| Program Services | $426,160 |
7.9%
|
| Investment Income | $404,362 |
7.5%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $72,048 |
1.3%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $221,880 |
8.0%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $974,312 |
35.1%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $23,385,414 | |
| Total Liabilities | $18,284,831 |
Other
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Betty Francisco (Ceo) | $221,880 | $0 | $6,958 |
| Henry Noel (Investment Director) | $144,480 | $0 | $4,499 |
| Aliana Pineiro (Impact Director) | $139,416 | $0 | $4,587 |
Document Links
990
Filed on Nov. 10, 2025Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2023
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $1,640,671 |
84.2%
|
| Program Services | $57,146 |
2.9%
|
| Investment Income | $182,518 |
9.4%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $68,070 |
3.5%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $215,000 |
10.1%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $638,915 |
29.9%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $15,981,911 | |
| Total Liabilities | $13,075,946 |
Other
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Betty Francisco (Ceo) | $215,000 | $0 | $6,450 |
| Henry Noel (Investment Director) | $142,000 | $0 | $4,260 |
| Aliana Pineiro (Impact Director) | $135,500 | $0 | $4,140 |
Document Links
990
Filed on Nov. 13, 2024Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2022
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $2,436,038 |
82.9%
|
| Program Services | $429,323 |
14.6%
|
| Investment Income | $26,687 |
0.9%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $46,810 |
1.6%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $221,141 |
10.3%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $547,882 |
25.6%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $10,143,671 | |
| Total Liabilities | $6,745,127 |
Other
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Betty Francisco (Ceo) | $214,700 | $0 | $6,441 |
| Lisa Owens Started 12822 (Director) | $0 | $0 | $0 |
| Mike Leyba Ended 12822 (Director) | $0 | $0 | $0 |
Document Links
990
Filed on Oct. 4, 2023Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2021
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $1,063,846 |
71.7%
|
| Program Services | $351,323 |
23.7%
|
| Investment Income | $46,526 |
3.1%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $21,416 |
1.4%
|
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $804 |
0.1%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $98,670 |
5.9%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $410,265 |
24.4%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $9,324,957 | |
| Total Liabilities | $6,727,527 |
Other
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Betty Francisco (Ceo) | $97,500 | $0 | $1,170 |
| Nia Evans (Director) | $0 | $0 | $0 |
| Deborah Frieze (President) | $0 | $0 | $0 |
Document Links
990
Filed on Sept. 27, 2022Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2020
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $2,807,562 |
88.6%
|
| Program Services | $269,574 |
8.5%
|
| Investment Income | $88,441 |
2.8%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $30,190 |
1.0%
|
| Net Fundraising | $0 | |
| Sales of Assets | -$28,610 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $830 |
0.0%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $493,175 |
36.8%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $9,774,362 | |
| Total Liabilities | $7,120,194 |
Other
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Mark Watson (Treasurer (Term 12/31/19))) | $30,250 | $0 | $0 |
| Rebecca Regan (Treasurer) | $0 | $0 | $0 |
| Deborah Frieze (President) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 15, 2021Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2019
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $1,075,052 |
78.6%
|
| Program Services | $226,183 |
16.5%
|
| Investment Income | $65,723 |
4.8%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $47 |
0.0%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $180,647 |
21.2%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $430,433 |
50.6%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $7,184,507 | |
| Total Liabilities | $6,354,511 |
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2018
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $338,550 |
70.6%
|
| Program Services | $140,963 |
29.4%
|
| 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 | -$133 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $132,538 |
20.5%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $159,293 |
24.7%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $3,094,975 | |
| Total Liabilities | $2,781,136 |
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2017
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $539,448 |
96.7%
|
| Program Services | $18,286 |
3.3%
|
| 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 | $44,550 |
57.8%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $6,703 |
8.7%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,482,720 | |
| Total Liabilities | $1,002,042 |
Other
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Mark Watson (Treasurer) | $44,025 | $56,175 | $262 |
| Deborah E Frieze (President) | $0 | $0 | $0 |
| Michael G Frieze (Vice President) | $0 | $0 | $0 |
Document Links
990
Filed on June 16, 2018Primary tax return for a nonprofit’s activities, finances, and governance
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