Nonprofit · EIN 22-2893493
EAST BOSTON K TRUST
Tax-exempt · EAST BOSTON, MA 02128
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $5,665 | $10,359 | -$4,694 | $100,647 | – | $100,647 |
| December 31, 2023 | 990-EZ | $8,661 | $41,200 | -$32,539 | $105,341 | – | $105,341 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,186
- Investment income
- $479
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $885
- Other expenses
- $9,474
- Program services (functional)
- $10,359
Balance sheet and other
- Total assets, start of year
- $105,341
- Total assets, end of year
- $100,647
- Total liabilities, end of year
- –
- Net assets, end of year
- $100,647
- Cash, savings and investments
- $100,647
- Gross receipts
- $5,665
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHILIP FREEHAN | CHAIRMAN | 10 | $0 |
| GRACE C MAGOON | TREASURER | 10 | $0 |
| MARISA DIPIETRO PO BOX 503 | SEC/CLERK | 10 | $0 |
| GEORGE GAMBALE 21 LAMSON ST REAR E BOSTON MA02128 | DIRECTOR | 10 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHILIP FREEHAN | CHAIRMAN | 10 | $0 |
| GRACE C MAGOON | TREASURER | 8 | $0 |
| MARISA DIPIETRO PO BOX 503 | SEC/CLERK | 10 | $0 |
| GEORGE GAMBALE 21 LAMSON ST REAR E BOSTON MA02128 | DIRECTOR | 5 | $0 |
Address and contacts
- Address (IRS master file)
- C/O MAGOON 264 BENNINGTON ST, EAST BOSTON, MA 02128-0000
- In care of
- % GRACE C MAGOON
- Mailing address (990-N for 2012)
- 146 Maverick Street, East Boston MA 02128
- Principal officer (990-N for 2012)
- Grace C Magoon, 146 Maverick Street, East Boston MA 02128
- Signed the 990-EZ
- PHILIP FREEHAN, CHAIRMAN
- Phone
- (617) 569-0175
- Return prepared by
- MP & COMPANY TAX & FINANCIAL SERVICES
Mission
TO PROVIDE SCHOLARSHIPS (GRANTS) TO 18 RECIPIENTS
Program accomplishments
- SCHOLARSHIPS DISTRIBUTED TO STUDENTS
- PROVIDED SCHOLARSHIPS TO 18 RECIPIENTSExpenses $10,359
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 22-2893493
- 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
- 2011
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $100,647
- Income (IRS master file)
- $5,665
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $5,665 | $10,359 | $100,647 | XML |
| 990-EZ | December 2023 | $8,661 | $41,200 | $105,341 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
| 990-N for 2012 Officer: Grace C Magoon | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
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 22-2893493).
Questions about EAST BOSTON K TRUST
- What is the EIN of EAST BOSTON K TRUST?
- The employer identification number (EIN) of EAST BOSTON K TRUST is 22-2893493.
- Is EAST BOSTON K TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to EAST BOSTON K TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EAST BOSTON K TRUST file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of EAST BOSTON K TRUST 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 EAST BOSTON K TRUST last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of EAST BOSTON K TRUST?
- The 990-N for 2012 names Grace C Magoon.
- Who are the officers and directors of EAST BOSTON K TRUST?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does EAST BOSTON K TRUST have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $5,665, expenses of $10,359 and total assets of $100,647 at year end.
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