Nonprofit · EIN 04-2785336
BAGLY INC
Tax-exempt · BOSTON, MA 02108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,691,107 | $3,310,924 | $380,183 | $4,482,947 | $2,607,614 | $1,875,333 |
| June 30, 2024 | 990 | $3,165,275 | $2,970,183 | $195,092 | $4,333,768 | $2,838,618 | $1,495,150 |
| June 30, 2023 | 990 | $3,018,733 | $3,076,645 | -$57,912 | $4,622,378 | $3,322,320 | $1,300,058 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,558,992
- of which government grants
- $1,531,652
- Program service revenue
- $126,099
- Investment income
- $15,839
- Net income from fundraising events
- -$9,823
- Other revenue
- -$9,823
Expenses
- Grants and similar amounts paid
- $125,000
- Compensation of officers, directors and key employees
- $179,174
- Other salaries and wages
- $1,308,027
- Salaries, compensation and benefits (total)
- $1,869,238
- Professional fundraising fees
- $0
- Legal fees
- $5,348
- Accounting fees
- $76,290
- Occupancy
- $424,193
- Travel
- $2,876
- Program services (functional)
- $2,275,003
- Management and general (functional)
- $588,041
- Fundraising (functional)
- $447,880
Balance sheet and other
- Total assets, start of year
- $4,333,768
- Total assets, end of year
- $4,482,947
- Total liabilities, end of year
- $2,607,614
- Net assets, end of year
- $1,875,333
- Net assets without donor restrictions
- $1,165,707
- Net assets with donor restrictions
- $709,626
- Gross receipts
- $3,711,200
- Employees
- 41
- Volunteers
- 115
- Year formed
- 1984
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GRACE STERLING STOWELL | EXECUTIVE DIRECTOR Officer | 40 | $157,399 | $19,734 |
| VICTOR CRUZ-CASTRO | DIRECTOR (OUTGOING) Trustee or director | 0.5 | $2,400 | $0 |
| ELLE SETIYA | DIRECTOR Trustee or director | 0.5 | $1,700 | $0 |
| ADITI DHOLAKIA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| AVA SAKAMOTO | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRADLEY J URSILLO | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| BREA THOMAS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KEVIN POWERS | ACTING CLERK Trustee or director, Officer | 0.5 | $0 | $0 |
| MATTHEW MARTIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MICHAEL HOUSTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| NEAL MINAHAN | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| THOM SOLO | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GRACE STERLING STOWELL | EXECUTIVE DIRECTOR Officer | 40 | $162,968 | $19,206 |
| L AUSTIN-SPOONER | DIRECTOR (OUTGOING) Trustee or director | 0.5 | $5,440 | $0 |
| ADELIA DA SILVA | DIRECTOR (OUTGOING) Trustee or director | 0.5 | $0 | $0 |
| ADITI DHOLAKIA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRADLEY J URSILLO | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| BREA THOMAS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KEVIN POWERS | CLERK Trustee or director, Officer | 0.5 | $0 | $0 |
| MATTHEW MARTIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MICHAEL HOUSTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| NEAL MINAHAN | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GRACE STERLING STOWELL | EXECUTIVE DIRECTOR Officer | 40 | $158,773 | $10,447 |
| THOMAS MORNINGSTAR | DIRECTOR Trustee or director | 0.5 | $2,850 | $0 |
| GRACE WANG | DIRECTOR Trustee or director | 0.5 | $2,490 | $0 |
| NEAL MINAHAN | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| BRADLEY J URSILLO | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| KEVIN POWERS | CLERK Trustee or director, Officer | 0.5 | $0 | $0 |
| KAREN YOUNG | CLERK (UNTIL 1/25/23) Trustee or director, Officer | 0.5 | $0 | $0 |
| CHRISTOPHER GAYTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MATTHEW MARTIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 28 COURT SQ, BOSTON, MA 02108-2504
- In care of
- % GRACE STERLING STOWELL
- Principal officer (990 for 2024)
- GRACE STERLING STOWELL, 28 COURT SQUARE, BOSTON, MA 02108
- Signed the 990
- GRACE STERLING STOWELL, EXECUTIVE DIRECTOR
- Phone
- (617) 227-4313
- Website
- BAGLY.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
THE ORGANIZATION IS A YOUTH LED, ADULT-SUPPORTED ORGANIZATION COMMITTED TO SOCIAL JUSTICE, BY CREATING, SUSTAINING AND ADVOCATING FOR PROGRAMS, POLICIES AND SERVICES FOR THE LESBIAN, GAY, BISEXUAL AND TRANSGENDER (LGBTQ+) YOUTH COMMUNITY.
Program accomplishments
- THE ORGANIZATION'S PRIORITY POPULATIONS INCLUDE LGBTQ+ YOUTH OF COLOR, TRANSGENDER YOUTH AND HOMELESS/LOW-INCOME YOUTH. THE ORGANIZATION'S BOSTON-BASED PROGRAMS INCLUDE SOCIAL SUPPORT, YOUTH LEADERSHIP DEVELOPMENT AND HEALTH PROMOTION PROGRAMMING, AS WELL AS ITS NEW COMPREHENSIVE HEALTH SERVICES CLINIC. THE ORGANIZATION ALSO MANAGES AND FUNDS THE LGBTQ+ YOUTH GROUP NETWORK OF MASSACHUSETTS, A NETWORK OF OVER 15 COMMUNITY-BASED LGBTQ+ YOUTH GROUPS THROUGHOUT THE COMMONWEALTH OF MASSACHUSETTS.THE ORGANIZATION OFFERS CULTURALLY COMPETENT RESOURCES AND REFERRALS FOR YOUTH IN NEED OF SERVICES NOT PROVIDED BY THE ORGANIZATION, AS WELL AS TRAINING AND TECHNICAL ASSISTANCE FOR PARENTS AND YOUTH-SERVING PROFESSIONALS AND ORGANIZATIONS. THE ORGANIZATION CONDUCTS LOCAL AND NATIONAL COMMUNITY EDUCATION, PUBLIC POLICY WORK AND ADVOCACY ON THE ISSUES FACING LGBTQ+ YOUTH, AND ALSO ENGAGES IN ONGOING EVALUATION AND RESEARCH ACTIVITIES IN ORDER TO ENSURE THAT IT IS BEST ADDRESSING THE CURRENT AND EMERGING NEEDS OF THE LGBTQ+ YOUTH COMMUNITY.THE ORGANIZATION IS NOW THE OLDEST AND LARGEST LGBTQ+ YOUTH ORGANIZATION IN NEW ENGLAND, AND ONE OF THE LONGEST STANDING IN THE NATION. THE ORGANIZATION IS A NATIONALLY KNOWN MODEL FOR LGBTQ+ YOUTH LEADERSHIP, PROGRAMS, SERVICES AND ADVOCACY, AND THE ORGANIZATION AND ITS STAFF, BOARD MEMBERS AND YOUTH LEADERS HAVE BEEN THE RECIPIENTS OF NUMEROUS LOCAL AND NATIONAL AWARDS FOR OUTSTANDING ACHIEVEMENT AND EXCELLENCE.Expenses $2,275,003 · grants $125,000 · revenue $126,099
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2785336
- 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
- 1984
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,482,947
- Income (IRS master file)
- $3,711,200
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,691,107 | $3,310,924 | $4,482,947 | IRS |
| 990 | June 2024 | $3,165,275 | $2,970,183 | $4,333,768 | IRS |
| 990 | June 2023 | $3,018,733 | $3,076,645 | $4,622,378 | XML |
| 990 | June 2022 | $2,593,164 | $2,247,744 | $1,727,953 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 04-2785336).
Questions about BAGLY INC
- What is the EIN of BAGLY INC?
- The employer identification number (EIN) of BAGLY INC is 04-2785336.
- Is BAGLY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to BAGLY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BAGLY 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 BAGLY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BAGLY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BAGLY INC?
- The 990 for the year ended June 30, 2025 names GRACE STERLING STOWELL.
- Who are the officers and directors of BAGLY INC?
- The 990 for the year ended June 30, 2025 lists 12 people; 3 received compensation from the organization, the highest $157,399 (GRACE STERLING STOWELL, EXECUTIVE DIRECTOR).
- How much revenue does BAGLY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,691,107, expenses of $3,310,924 and total assets of $4,482,947 at year end.
Other nonprofits in BOSTON
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND EIN 11-0303001 · last filed 990 for 2025
- DANA-FARBER CANCER INSTITUTE EIN 04-2263040 · last filed 990 for 2025
- CHILDRENS HOSPITAL CORPORATION EIN 04-2774441 · last filed 990 for 2025
- TRUSTEES OF BOSTON UNIVERSITY EIN 04-2103547 · last filed 990-N for 2024
- NORTHEASTERN UNIVERSITY EIN 04-1679980 · last filed 990-N for 2025
- BOSTON MEDICAL CENTER CORPORATION EIN 04-3314093 · last filed 990 for 2025
- COMMONWEALTH CARE ALLIANCE INC EIN 04-3756900 · last filed 990 for 2024
- HARVARD MANAGEMENT PRIVATE EQUITY CORPORATION EIN 04-3070522 · last filed 990 for 2025