2024-11-08T15:39:32-06:00 2023-12-31 832175462 MARSHALL JONES 30000 MILL CREEK AVE STE 340 ALPHARETTA GA 30022 990 2023-01-01 871145016 FLARE EDUCATION INC FLAR 3522461677 56 WARREN ST 200 BOSTON MA 02119 AJIT VAKHARIA PRESIDENT AND CEO 3522461677 2024-11-08 0 NATHAN LUMMUS P02049603 4042312001 2024-11-08 2023 2024-10-15 13:58:12Z AJIT VAKHARIA 56 WARREN ST 200 BOSTON MA 02119 1028468 0 X WWW.FLARE-EDUCATION.ORG X 2021 MA THE PURPOSE OF THE ORGANIZATION IS TO WORK WITH HIGH SCHOOLS, COMMUNITY ORGANIZATIONS, AND COMPANIES TO BUILD LOCAL PARTNERSHIPS AND PROVIDE UNDER-RESOURCED HIGH SCHOOL STUDENTS WITH PAID, VALUE-FOCUSED SUMMER CAPSTONE PROJECTS. THE ORGANIZATION HELPS STUDENTS DEVELOP FOUNDATIONAL SKILLS, BUILD SOCIAL CAPITAL, AND IMPROVE THEIR FINANCIAL LITERACY SO THAT THE ALUMNI CAN FIND JOBS WITH GROSS ANNUAL INCOME AT OR ABOVE $60,000. 19 18 5 0 0 0 534260 1028468 0 0 0 0 0 0 534260 1028468 0 0 0 0 197948 388777 0 0 14116 199842 580992 397790 969769 136470 58699 243851 1043167 13245 753862 230606 289305 X THE PURPOSE OF THE ORGANIZATION IS TO WORK WITH HIGH SCHOOLS, COMMUNITY ORGANIZATIONS, AND COMPANIES TO BUILD LOCAL PARTNERSHIPS AND PROVIDE UNDER-RESOURCED HIGH SCHOOL STUDENTS WITH PAID, VALUE-FOCUSED SUMMER CAPSTONE PROJECTS. THE ORGANIZATION HELPS STUDENTS DEVELOP FOUNDATIONAL SKILLS, BUILD SOCIAL CAPITAL, AND IMPROVE THEIR FINANCIAL LITERACY SO THAT THE ALUMNI CAN FIND JOBS WITH GROSS ANNUAL INCOME AT OR ABOVE $60,000. 0 0 328758 PROVIDE PROFESSIONAL TRAINING SESSIONS FOCUSED ON CAREER EXPOSURE, SKILL-BUILDING, AND SOCIO-EMOTIONAL DEVELOPMENT FOR STUDENTS INVOLVED IN THE PROGRAM. 54793 PROVIDE 1-ON-1 PROFESSIONAL MENTORSHIP FOR STUDENTS INVOLVED IN THE PROGRAM. 164379 HOSTING COMMUNITY EVENTS LIKE FIELD TRIPS, NETWORKING EVENTS, AND MEET-AND-GREETS FOR STUDENTS INVOLVED IN THE PROGRAM. 547930 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 62 0 5 1 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 MA X THE ORGANIZATION 3522461677 56 WARREN ST 200 BOSTON MA 02119 X AJIT VAKHARIA PRESIDENT AND CEO 80.00 X X 0 0 0 BASIL CLEVELAND BOARD DIRECTOR 2.50 X 0 0 0 DAN CHU BOARD DIRECTOR 2.50 X 0 0 0 ED VILANDRIE BOARD DIRECTOR 2.50 X 0 0 0 ERIN SAWYER BOARD DIRECTOR 2.50 X 0 0 0 GAUGARIN OLIVER BOARD DIRECTOR 2.50 X 0 0 0 JAYASHREE MAHAJAN BOARD VICE-TREASURER 2.50 X X 0 0 0 JILL MONGEAU GAINES EXECUTIVE DIRECTOR AND CHI 40.00 X X 0 0 0 KEVIN MCCASKILL BOARD DIRECTOR 2.50 X 0 0 0 LORENNA BUCK BOARD DIRECTOR 2.50 X 0 0 0 MANISH KUMAR BOARD DIRECTOR 2.50 X 0 0 0 MANU DAFTARY BOARD TREASURER 2.50 X X 0 0 0 MARCO BUCHBINDER BOARD DIRECTOR 2.50 X 0 0 0 NADIA SHELBY BOARD DIRECTOR 2.50 X 0 0 0 RICHARD CHANGE BOARD DIRECTOR 2.50 X 0 0 0 SHAILAH STEWART BOARD DIRECTOR 2.50 X 0 0 0 SINDURA RAVICHANDRAN BOARD CLERK 2.50 X X 0 0 0 STEFAN BEWLEY BOARD DIRECTOR 2.50 X 0 0 0 TRAVIS KELLER BOARD DIRECTOR 2.50 X 0 0 0 CHRIS GARABEDIAN BOARD DIRECTOR 2.50 X 0 0 0 PANKAJ SHARMA BOARD DIRECTOR 2.50 X 0 0 0 0 0 0 0 0 0 0 0 1028468 100984 1028468 1028468 0 0 0 388777 307795 69732 11250 195180 2875 190665 1640 3118 600 1719 799 7616 5446 1743 427 25897 1086 24811 25112 18934 6178 61038 47744 13294 13949 7566 6383 9851 9851 PROGRAM COSTS 145110 145110 IN KIND EXPENSE 80984 80984 MEALS 13137 10774 2363 969769 547930 407723 14116 125021 186219 100000 40000 1615 11981 70113 11136 17215 58977 0 745990 243851 1043167 13245 15743 0 738119 13245 753862 X 230606 289305 230606 289305 243851 1043167 58699 0 X 0 1 X 1 0 X 113484 534260 1028468 1676212 113484 534260 1028468 1676212 1676212 1676212 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 70113 11136 58977 58977 RIGHT OF USE ASSET 720857 25133 745990 LEASE LIABILITY 738119 738119 X 1028468 0 1028468 0 1028468 969769 0 969769 0 969769 PART X, LINE 2: THE ORGANIZATION ONLY RECOGNIZES THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION TAKEN, OR TO BE TAKEN, IN A TAX RETURN IF THE TAX POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON AN EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN FOR FILINGS WITH THE IRS AND ALL STATE JURISDICTIONS WHERE THE ORGANIZATION OPERATES. MANAGEMENT BELIEVES THAT INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE THAT ANY ADJUSTMENTS WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2023 AND 2022. THE ORGANIZATION IS SUBJECT TO FEDERAL AND STATE EXAMINATIONS, GENERALLY THREE YEARS FROM THE DATE THAT THE RETURNS ARE FILED. CURRENTLY, THERE ARE NO EXAMINATIONS IN PROGRESS FOR ANY TAX PERIODS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. X SERVICES 0 100984 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 WAS CIRCULATED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION WILL PROVIDE THE FORM 1023, 990, AND RELATED DOCUMENTS UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL PROVIDE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST.