Nonprofit · EIN 04-2440031
FREEDOM TRAIL FOUNDATION INC
Tax-exempt · BOSTON, MA 02108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,769,061 | $1,383,275 | $385,786 | $5,222,754 | $312,463 | $4,910,291 |
| December 31, 2023 | 990 | $1,712,032 | $1,205,401 | $506,631 | $4,639,810 | $430,270 | $4,209,540 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $64,837
- Program service revenue
- $1,564,409
- Investment income
- $139,815
- Net gain from sales of assets
- $30,737
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $121,251
- Compensation of officers, directors and key employees
- $193,048
- Other salaries and wages
- $559,682
- Salaries, compensation and benefits (total)
- $838,206
- Professional fundraising fees
- $0
- Legal fees
- $2,260
- Accounting fees
- $67,000
- Occupancy
- $119,465
- Program services (functional)
- $1,020,122
- Management and general (functional)
- $356,456
- Fundraising (functional)
- $6,697
Balance sheet and other
- Total assets, start of year
- $4,639,810
- Total assets, end of year
- $5,222,754
- Total liabilities, end of year
- $312,463
- Net assets, end of year
- $4,910,291
- Publicly traded securities
- $4,616,845
- Net assets without donor restrictions
- $4,900,000
- Net assets with donor restrictions
- $10,291
- Gross receipts
- $2,121,266
- Employees
- 35
- Volunteers
- 23
- Year formed
- 1958
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUZANNE TAYLOR | EXECUTIVE DIRECTOR Officer | 40 | $156,923 | $36,125 |
| MARK O'TOOLE | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| TERENCE ANKNER | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| RICK DIMINO | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOSEPH G DILORENZO | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| PETER S FARNUM | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD BERENSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN BORDERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMILY BRADFORD GALLUP | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID CLAY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| COMMANDER CRYSTAL SCHAEFER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REVEREND JOY FALLON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHY KOTTARIDIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE LOVETT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BEN MAITLAND-LEWIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN NUCCI | DIRECTOR Trustee or director | 1 | $0 |
| NAT SHEIDLEY | DIRECTOR Trustee or director | 1 | $0 |
| ADRIAN SMITH | DIRECTOR Trustee or director | 1 | $0 |
| NIKKI STEWART | DIRECTOR Trustee or director | 1 | $0 |
| NOELLE TRENT | DIRECTOR Trustee or director | 1 | $0 |
| NINA ZANNIERI | DIRECTOR Trustee or director | 1 | $0 |
| PAUL SACCO | CLERK & DIRECTOR UNTIL 08/2024 Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUZANNE TAYLOR | EXECUTIVE DIRECTOR Officer | 40 | $133,868 | $21,434 |
| MARK O'TOOLE | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| TERENCE ANKNER | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| RICK DIMINO | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOSEPH G DILORENZO | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| PAUL SACCO | CLERK Trustee or director, Officer | 2 | $0 | $0 |
| PETER ABBOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD BERENSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN BORDERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMILY BRADFORD GALLUP | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REVEREND JOY FALLON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER S FARNUM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| COMMANDER BILLIE JUNE FARRELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHY KOTTARIDIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE LOVETT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN NUCCI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NAT SHEIDLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADRIAN SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NIKKI STEWART | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NOELLE TRENT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NINA ZANNIERI | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 44 SCHOOL ST RM 250, BOSTON, MA 02108-4223
- In care of
- % SUZANNE TAYLOR
- Principal officer (990 for 2024)
- JOSEPH G DILORENZO, 44 School Street Suite 250, Boston, MA 02108
- Signed the 990
- JOSEPH G DILORENZO, TREASURER
- Phone
- (617) 357-8300
- Website
- WWW.THEFREEDOMTRAIL.ORG
- Return prepared by
- BDO USA
Mission
TO MAINTAIN, SUSTAIN, IMPROVE, AUGMENT, PROMOTE, AND PUBLICIZE A WALKING TRAIL CONNECTING BOSTON'S HISTORIC SITES. THE ORGANIZATION ALSO PROVIDES EDUCATIONAL INSIGHT AS TO THE WALKING TRAIL AND ITS RICH HISTORY.
Program accomplishments
- PROVIDE VISITOR SERVICES, EDUCATION PROGRAMS, AND AUDIO EQUIPMENT FOR USE ALONG THE FREEDOM TRAIL - A WALKING TRAIL CONNECTING BOSTON'S HISTORIC SITES.Expenses $1,020,122 · grants $121,251 · revenue $1,564,409
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2440031
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A82I)
- Assets (IRS master file)
- $5,222,754
- Income (IRS master file)
- $2,121,266
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,769,061 | $1,383,275 | $5,222,754 | IRS |
| 990 | December 2023 | $1,712,032 | $1,205,401 | $4,639,810 | XML |
| 990 | December 2022 | $1,367,604 | $1,026,626 | $3,894,463 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2440031).
Questions about FREEDOM TRAIL FOUNDATION INC
- What is the EIN of FREEDOM TRAIL FOUNDATION INC?
- The employer identification number (EIN) of FREEDOM TRAIL FOUNDATION INC is 04-2440031.
- Is FREEDOM TRAIL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to FREEDOM TRAIL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FREEDOM TRAIL FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FREEDOM TRAIL FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FREEDOM TRAIL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FREEDOM TRAIL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names JOSEPH G DILORENZO.
- Who are the officers and directors of FREEDOM TRAIL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 22 people; 1 received compensation from the organization, the highest $156,923 (SUZANNE TAYLOR, EXECUTIVE DIRECTOR).
- How much revenue does FREEDOM TRAIL FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,769,061, expenses of $1,383,275 and total assets of $5,222,754 at year end.
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