Nonprofit · EIN 32-0568985
DUET INC
Tax-exempt · BOSTON, MA 02110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,656,552 | $5,119,422 | $537,130 | $4,507,451 | $460,869 | $4,046,582 |
| June 30, 2024 | 990 | $3,178,366 | $5,024,021 | -$1,845,655 | $4,284,649 | $775,197 | $3,509,452 |
| June 30, 2023 | 990 | $2,737,246 | $4,483,294 | -$1,746,048 | $6,411,419 | $1,056,312 | $5,355,107 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,469,817
- Program service revenue
- $2,080,847
- Investment income
- $105,888
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $514,523
- Compensation of officers, directors and key employees
- $719,903
- Other salaries and wages
- $2,473,678
- Salaries, compensation and benefits (total)
- $3,732,236
- Professional fundraising fees
- $0
- Legal fees
- $7,426
- Accounting fees
- $22,610
- Occupancy
- $480,845
- Depreciation
- $27,402
- Program services (functional)
- $4,623,649
- Management and general (functional)
- $374,026
- Fundraising (functional)
- $121,747
Balance sheet and other
- Total assets, start of year
- $4,284,649
- Total assets, end of year
- $4,507,451
- Total liabilities, end of year
- $460,869
- Net assets, end of year
- $4,046,582
- Land, buildings and equipment
- $16,841
- Net assets without donor restrictions
- $2,709,559
- Net assets with donor restrictions
- $1,337,023
- Gross receipts
- $5,656,552
- Employees
- 36
- Year formed
- 2018
- 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 |
|---|---|---|---|---|
| MICHAEL LARSSON | PRESIDENT & Trustee or director, Officer | 40 | $184,517 | $19,433 |
| ELIZABETH PIMENTEL | CHIEF EXT RE Officer | 40 | $159,734 | $13,730 |
| MICHELE CARROLL | FRMR COO/SEC Officer | 40 | $161,060 | $7,253 |
| JAHFREE DUNCAN | SR DIR DEGRE Key employee | 40 | $153,378 | $7,253 |
| MARY LEVINER | SR DIR STUDE Highest-paid employee | 40 | $121,936 | $12,568 |
| KHALEEL SHREET | SR COACH/ DI Highest-paid employee | 40 | $109,523 | $538 |
| JULIE SWERDLOW ALBINO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THABITI BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STIG LESCHLY | CHAIR Trustee or director | 1 | $0 | $0 |
| ELIZABETH MARINO | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL LARSSON | PRESIDENT & Trustee or director, Officer | 40 | $161,956 | $19,526 |
| MICHELE CARROLL | SECR/TREAS/C Officer | 40 | $155,790 | $7,836 |
| JAHFREE DUNCAN | SR DIR DEGRE Highest-paid employee | 40 | $143,435 | $6,908 |
| ELIZABETH PIMENTEL | CHIEF EXT RE Highest-paid employee | 40 | $136,350 | $13,944 |
| MARY LEVINER | SR DIR STUDE Highest-paid employee | 40 | $118,391 | $17,007 |
| KHALEEL SHREET | SR COACH & M Highest-paid employee | 40 | $108,036 | $591 |
| JULIE SWERDLOW ALBINO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THABITI BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STIG LESCHLY | CHAIR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL LARSSON | PRESIDENT & Trustee or director, Officer | 40 | $148,320 | $18,415 |
| MICHELE CARROLL | SECR/TREAS/C Officer | 40 | $158,360 | $7,421 |
| JAHFREE DUNCAN | SR DIR DEGRE Highest-paid employee | 40 | $141,910 | $6,511 |
| ELIZABETH PIMENTAL | FOUNDER Highest-paid employee | 40 | $141,910 | $6,511 |
| KHALEEL SHREET | SR COACH & M Highest-paid employee | 40 | $105,000 | $569 |
| JULIE SWERDLOW ALBINO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THABITI BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STIG LESCHLY | CHAIR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 155 FEDERAL STREET, BOSTON, MA 02110-1727
- In care of
- % MICHAEL LARSSON
- Mailing address (990-N for 2017)
- 50 Milk Street Suite 600, Boston MA 02110
- Principal officer (990 for 2024)
- MICHAEL LARSSON, 7 VALLEY ROAD, MILTON, MA 02186
- Principal officer (990-N for 2017)
- Mike Larsson, 50 Milk Street Suite 600, Boston MA 02110
- Signed the 990
- MICHAEL LARSSON, PRESIDENT & CEO
- Phone
- (617) 712-2848
- Website
- https://www.duet.org
- Return prepared by
- DAVISKELLY LLP
Mission
DUETS MISSION IS TO HELP COLLEGE STUDENTS EARN DEGREES BY PROVIDING SUPPORT AND COACHING.
Program accomplishments
- DUET PROVIDES ENROLLMENT, DEGREE, AND CAREER COACHING, AND SUPPORT FOR STUDENTS ENROLLED IN CERTAIN COMPETENCY BASED PROGRAMS AT SOUTHERN NEW HAMPSHIRE UNIVERSITY. MOST STUDENTS ARE WORKING ADULTS WHO HAVE TRIED COLLEGE IN THE PAST. IN FISCAL YEAR 2025, DUET WORKED DIRECTLY WITH MORE THAN 850 STUDENTS WHO WERE ENROLLED IN SOUTHERN NEW HAMPSHIRE UNIVERSITY.Expenses $4,623,649 · grants $514,523 · revenue $2,080,847
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
- 32-0568985
- 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
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S80)
- Assets (IRS master file)
- $4,507,451
- Income (IRS master file)
- $5,656,552
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,656,552 | $5,119,422 | $4,507,451 | XML |
| 990 | June 2024 | $3,178,366 | $5,024,021 | $4,284,649 | XML |
| 990 | June 2023 | $2,737,246 | $4,483,294 | $6,411,419 | XML |
| 990 | June 2022 | $4,938,474 | $4,342,935 | $7,274,929 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990-N for 2017 Officer: Mike Larsson | June 30, 2018 | ≤ $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 32-0568985).
Questions about DUET INC
- What is the EIN of DUET INC?
- The employer identification number (EIN) of DUET INC is 32-0568985.
- Is DUET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to DUET INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DUET 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 DUET 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 DUET 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 DUET INC?
- The 990 for the year ended June 30, 2025 names MICHAEL LARSSON.
- Who are the officers and directors of DUET INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 6 received compensation from the organization, the highest $184,517 (MICHAEL LARSSON, PRESIDENT &).
- How much revenue does DUET INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,656,552, expenses of $5,119,422 and total assets of $4,507,451 at year end.
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All nonprofits in BOSTON · Massachusetts · Community improvement and capacity building