Nonprofit · EIN 88-3831974
ACCOUNTABILITY BOARD INC
Tax-exempt · WAKEFIELD, MA 01880
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,545,360 | $1,315,063 | $1,230,297 | $15,254,934 | $23,038 | $15,231,896 |
| December 31, 2023 | 990 | $8,682,533 | $915,443 | $7,767,090 | $13,922,067 | $13,380 | $13,908,687 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,594,576
- Program service revenue
- $0
- Investment income
- $950,784
- Net gain from sales of assets
- $596,367
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $555,548
- Other salaries and wages
- $181,461
- Salaries, compensation and benefits (total)
- $817,597
- Professional fundraising fees
- $0
- Legal fees
- $10,472
- Accounting fees
- $70,139
- Travel
- $52,577
- Depreciation
- $711
- Program services (functional)
- $864,115
- Management and general (functional)
- $428,298
- Fundraising (functional)
- $22,650
Balance sheet and other
- Total assets, start of year
- $13,922,067
- Total assets, end of year
- $15,254,934
- Total liabilities, end of year
- $23,038
- Net assets, end of year
- $15,231,896
- Land, buildings and equipment
- $2,252
- Publicly traded securities
- $12,632,253
- Net assets without donor restrictions
- $14,794,396
- Net assets with donor restrictions
- $437,500
- Gross receipts
- $4,799,612
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2022
- State of legal domicile
- DE
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 |
|---|---|---|---|---|
| MATTHEW PRESCOTT | PRESIDENT, TREASURER & SECRETARY Trustee or director, Officer | 40 | $276,440 | $37,507 |
| JOSHUA BALK | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 40 | $226,498 | $15,102 |
| MATTHEW PENZER | CHIEF LEGAL OFFICER Highest-paid employee | 40 | $181,461 | $27,032 |
| ELIZABETH ERICKSON | BOARD CHAIR Trustee or director | 1 | $0 | $0 |
| LESLIE SAMUELRICH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SANDEEP SINGH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW PRESCOTT | PRESIDENT, COO, SECR./TREAS. Trustee or director, Officer | 40 | $220,289 | $34,696 |
| JOSHUA BALK | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 40 | $192,789 | $13,534 |
| MATTHEW PENZER | CHIEF LEGAL OFFICER Highest-paid employee | 40 | $148,885 | $22,220 |
| ELIZABETH ERICKSON | BOARD CHAIR Trustee or director | 1 | $0 | $0 |
| LESLIE SAMUELRICH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SANDEEP SINGH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 401 EDGEWATER PL STE 600, WAKEFIELD, MA 01880-6200
- Principal officer (990 for 2024)
- JOSHUA BALK, 401 EDGEWATER PLACE 600, WAKEFIELD, MA 01880
- Signed the 990
- MATTHEW PRESCOTT, PRESIDENT, COO
- Phone
- (781) 246-0500
- Website
- ACCOUNTABILITYBOARD.ORG
- Return prepared by
- WEGNER CPAS LLP
Mission
THE PRIMARY PURPOSE OF THE CORPORATION IS TO (A) TO ENGAGE WITH COMPANIES TO IMPROVE THEIR STANDARDS, PROGRESS AND DISCLOSURES REGARDING ENVIRONMENTAL, SOCIAL AND GOVERNANCE MATTERS, AND (B) UNDERTAKE SUCH OTHER ACTIVITIES WHICH ITS BOARD OF DIRECTORS MAY FROM TIME TO TIME APPROVE.
Program accomplishments
- ENGAGEMENT WITH MAJOR COMPANIES ABOUT STRENGTHENING THEIR ENVIRONMENTAL, SOCIAL, AND GOVERNANCE PRACTICES.Expenses $864,115
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
- 88-3831974
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W01)
- Assets (IRS master file)
- $15,254,934
- Income (IRS master file)
- $4,799,612
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,545,360 | $1,315,063 | $15,254,934 | XML |
| 990 | December 2023 | $8,682,533 | $915,443 | $13,922,067 | XML |
| 990 | December 2022 | $5,850,030 | $160,563 | $5,589,417 | 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 88-3831974).
Questions about ACCOUNTABILITY BOARD INC
- What is the EIN of ACCOUNTABILITY BOARD INC?
- The employer identification number (EIN) of ACCOUNTABILITY BOARD INC is 88-3831974.
- Is ACCOUNTABILITY BOARD INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to ACCOUNTABILITY BOARD INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACCOUNTABILITY BOARD 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 ACCOUNTABILITY BOARD 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 ACCOUNTABILITY BOARD 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 ACCOUNTABILITY BOARD INC?
- The 990 for the year ended December 31, 2024 names JOSHUA BALK.
- Who are the officers and directors of ACCOUNTABILITY BOARD INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 3 received compensation from the organization, the highest $276,440 (MATTHEW PRESCOTT, PRESIDENT, TREASURER & SECRETARY).
- How much revenue does ACCOUNTABILITY BOARD INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,545,360, expenses of $1,315,063 and total assets of $15,254,934 at year end.
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