Boston Blockchain Association Inc
Nonprofit profile at a glance
- EIN
- 881683441
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Boston, MA, USA
- Phone
- 6176306900
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $134,285
- Expenses
- $111,636
- Assets
- $75,808
- Liabilities
- $150
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- DOUG MEHNE (CHAIR, DIRECTOR)
- ERIC ROUX (TREASURER, DIRECTOR)
- SAM NATHANS (VICE CHAIR, DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Providing educational programming, engaging in research, and disseminating information to the general public related to blockchain and other cryptocurrencies through open-source software and other means.
What it reported doing in 2024
Providing educational programming, engaging in research, and disseminating information to the public related to blockchain and other cryptocurrencies
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 27
- Transparency & Controls: 82
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 25.4%; rating input score 25
- Program expense ratio: 30.7%; rating input score 31
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 16.9%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 0.68; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 37.7% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 47.9% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 43.9% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 25.4% of revenue deployed · 30.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $34K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 25/100.
- Moderate — Financial Efficiency: Program expense ratio scored 31/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.