Boston Education Skills & Training Corp

Nonprofit profile at a glance

EIN
200917822
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Boston, MA, USA
Phone
6175421177
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Adult, Continuing Education

Reported finances

Revenue
$2,557,283
Expenses
$2,353,975
Assets
$3,875,659
Liabilities
$1,225,227

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • ABRIGAL FORRESTER (PRESIDENT)
  • AISHA NECOECHEA (EXECUTIVE DIRECTOR)

Highest reported compensation

  • AISHA NECOECHEA (EXECUTIVE DIRECTOR): $150,580 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to provide individuals with the education, skills, and training to excel in the hospitality industry and in their personal lives. The organization provides english for speakers of other language (esol) classes, skill training classes in hospitality related areas, adult basic education, and individual career counseling and support services.

What it reported doing in 2024

Education and skills training in fy25, the organization had 1,034 enrollments across all programs. Service delivery was done in response to the needs and preferences of our clients.skills training and certifications classes were taught primarily in person. Enrollments were as follows: 31 in the banquet server training program, 81 in cpr/aed certification, 28 in ergonomics, 56 in ma allergens, 65 in osha, 102 in servsafe, and 112 in tips (training for intervention procedures - the safe serving of alcohol).english, u.s. Citizenship preparation, and technology classes were taught remotely, in-person, and hybrid. Enrollments were as follows: 29 in u.s. Citizenship preparation, 146 in english classes and workshops, 3 in individualized tutoring, and 76 in technology classes.provided career coaching services to 67 clients enrolled in our incumbent worker program.in addition, offered new programming: professional guest services training (33 enrollments), spanish language training (12 enrollments), and understanding your benefits training (95 enrollments).job seekerfor the year ended june 30, 2025, the organization had 98 students enrolled in job seeker program: 66 in the introduction to hospitality, housekeeping pre-apprenticeship program, 11 in the culinary training program, and 21 in direct career coaching and placement services. Job seeker classes were offered in-person with certain components taught at each site (medford training center and seaport training center).volunteer engagementthe organization hosted college interns and volunteers who provided various services including tutoring, classroom instruction, practice interviews, resume development, and more.

Operating model

Revenue model
Earned-program. 84% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.3%; rating input score 60
  • Program expense ratio: 66.7%; rating input score 67
  • Fundraising efficiency: $3.02 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 8%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 1.65; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.32; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 6.4%; rating input score 45; 45th percentile among comparable filings

Growth

  • Program expense growth: 2.6% per year; rating input score 100; 25th percentile among comparable filings
  • Revenue growth: 6% per year; rating input score 100; 48th percentile among comparable filings
  • Asset growth: 14% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 60.3% of revenue deployed · 66.7% of spending went to programs
  • Governance: 5 of 5 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.6M in reported program spending
  • Leadership: top reported pay $151K · 6 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $257K reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 8/100.
  • Review — Sustainability: Operating margin scored 58/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
  • Moderate — Sustainability: Officer compensation ratio scored 45/100.