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Nonprofit · EIN 85-3350267

THE IMPERATIVE

Tax-exempt · BROCKTON, MA 02301

Financials

$69K$65K2022$411K$92K2023
Revenue Expenses · by fiscal year end
Financials of THE IMPERATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990$411,410$91,515$319,895$557,971$8,000$549,971
June 30, 2023990$68,866$64,904$3,962$230,076$0$230,076
Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$405,636
Program service revenue
$0
Investment income
$5,774
Other revenue
$0

Expenses

Grants and similar amounts paid
$20,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$8,000
Travel
$16,172
Program services (functional)
$70,182
Management and general (functional)
$18,508
Fundraising (functional)
$2,825

Balance sheet and other

Total assets, start of year
$230,076
Total assets, end of year
$557,971
Total liabilities, end of year
$8,000
Net assets, end of year
$549,971
Net assets without donor restrictions
$216,054
Net assets with donor restrictions
$333,917
Gross receipts
$411,410
Employees
0
Volunteers
10
Year formed
2020
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
ALICIA ADAMSONDIRECTOR
Trustee or director
1$0
NGUNAN ADAMUDIRECTOR
Trustee or director
1$0
ALEXANDRA BASTIENPRESIDENT/SE
Trustee or director, Officer
1$0
JESSICA BEDNEYTREASURER
Trustee or director, Officer
1$0
OLU FANNDIRECTOR
Trustee or director
1$0
PETER HERBERTDIRECTOR
Trustee or director
1$0
JOSINA MACHELDIRECTOR
Trustee or director
1$0
TEMI MWALEDIRECTOR
Trustee or director
1$0
ADE OGUNTOYEDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensation
ALICIA ADAMSONDIRECTOR
Trustee or director
5$0
ALEXANDRA BASTIENPRESIDENT/SE
Trustee or director, Officer
25$0
OLU FANNDIRECTOR
Trustee or director
5$0
JOSINA MACHELDIRECTOR
Trustee or director
5$0
MICHAEL MCAFEEDIRECTOR
Trustee or director
5$0
ADE OGUNTOYETREASURER
Trustee or director, Officer
5$0
SHANE RYANDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
106 CROSS ST, BROCKTON, MA 02301-2117
In care of
% ALEXANDRA BASTIEN
Mailing address (990-N for 2020)
106 Cross St, Brockton MA 02301
Principal officer (990 for 2023)
ALEXANDRA BASTIEN, 106 CROSS STREET, BROCKTON, MA 02301
Principal officer (990-N for 2020)
Alexandra Bastien, 106 Cross St, Brockton MA 02301
Signed the 990
ALEXANDRA BASTIEN, PRESIDENT/SECRETARY
Phone
(774) 274-3902
Return prepared by
GONZALEZ AND ASSOCIATES PC

Mission

BUILDING A NEW PHILATHROPIC INSTITUTION SOLELY FOCUSED ON PROMOTING THE WEALTH, HEALTH AND CONNECTEDNESS OF BLACK PEOPLE.

990 for the year ended June 30, 2024

Program accomplishments

  • WE ARE ESTABLISHING A FUND TO MAKE STRATEGIC INVESTMENTS THAT IMPROVE WEALTH AND HEALTH WHILE INCREASING THE SOCIAL AND ECONOMIC TIES OF BLACK PEOPLE GLOBALLY. OUR ROLES IN ADDITION TO OUR ROLE AS A FUNDER AND INVESTOR, THE IMPERATIVE WILL ALSO SERVE IN THE FOLLOWING CAPACITIES IN PHILANTHROPY: CONVENER WE WILL REGULARLY BUILD RELATIONSHIPS AND BRING STAKEHOLDERS TOGETHER TO IDENTIFY BOTH IMMEDIATE AND LONG-TERM NEEDS FOR THE CULTURE. IN COMING TOGETHER, WE WILL LEARN ABOUT BEST PRACTICES AND STRATEGIZE ON A UNITED PATH FORWARD FOR BLACK PEOPLE COLLABORATOR WE WILL REGULARLY CREATE AND SEEK OPPORTUNITIES TO COLLABORATE WITH OTHER PHILANTHROPIES, PUBLIC AND PRIVATE SECTORS TO ACHIEVE OUR STATED MISSION. COMMUNICATOR WE WILL USE OUR ROLE WITHIN PHILANTHROPY TO EXPRESS IDEAS THAT GIVE PEOPLE COVER TO ADDRESS ISSUES IN OUR COMMUNITIES WITHOUT FEAR OF LOSS OF FUNDING. OUR RESEARCH, PUBLICATIONS AND INVESTMENTS WILL SERVE AS DIRECTION TO THOSE WANTING TO SUPPORT THE INTERESTS OF BLACK PEOPLE
    Expenses $70,182 · grants $20,000

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
85-3350267
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
2021
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$557,971
Income (IRS master file)
$411,410

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2024$411,410$91,515$557,971IRS
990June 2023$68,866$64,904$230,076IRS
990-N for 2020
Officer: Alexandra Bastien
June 30, 2021≤ $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 85-3350267).

Questions about THE IMPERATIVE

What is the EIN of THE IMPERATIVE?
The employer identification number (EIN) of THE IMPERATIVE is 85-3350267.
Is THE IMPERATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to THE IMPERATIVE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE IMPERATIVE 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 THE IMPERATIVE 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 THE IMPERATIVE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2024.
Who is the principal officer of THE IMPERATIVE?
The 990 for the year ended June 30, 2024 names ALEXANDRA BASTIEN.
Who are the officers and directors of THE IMPERATIVE?
The 990 for the year ended June 30, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does THE IMPERATIVE have?
On its 990 for the year ended June 30, 2024 it reported revenue of $411,410, expenses of $91,515 and total assets of $557,971 at year end.

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