Neighborhood Association of the Back Bay INC EIN 04-2789926

Neighborhood Association of the Back Bay INC

EIN  04-2789926 Membership association Boston, MA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Preserves and protects Back Bay's architectural beauty and residential character to combat neighborhood deterioration.
Leadership
Roseann Colot · Director & E · $66K
Money in and out
$211K revenue, $185K expenses
Bottom line
+12% operating surplus

Preserves and protects Back Bay's architectural beauty and residential character to combat neighborhood deterioration. For fiscal year 2025 it reported $211K in revenue, $185K in expenses, and $1.3M in net assets.Pt I

Membership & operating revenue · FY2025
Total revenue
$211K
Pt VIII · Ln 12
Total expenses
$185K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $26K
Where spending went · Part IX cols B–D
Program services $0.07 Management & general $0.93
Operating surplus
+12%
revenue over expenses▲ +9% vs prior filing year
Earned revenue
0%
of revenue from program services & dues
Payroll share
48%
of spending is salaries & benefits0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$211K
FY2025▲ +16%
Expenses
$185K
FY2025▲ +14%
Total assets
$1.3M
FY2025▲ +6%
Total liabilities
$3K
FY2025▼ -63%
Total revenue
$211K
Pt VIII · Ln 12
Total expenses
$185K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$26K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B7%
Voting members of governing bodyPt I · Ln 338
Independent voting membersPt I · Ln 438
Mission & Programs · Part III

Where the work happens

3 program services account for $13K of program spending, described in the organization's own filed words · FY2024.
01

Member Communications and Meetings

Nabb educates its members and the public through meetings, emails, website and social media posts, and monthly bulletins of activities in the neighborhood that may affect the architectural beauty of the back bay AND/OR its residential character.

$12Kprogram expense
02

Commonwealth Avenue Mall Maintenance

Nabb makes donations to the friends of the public garden, another nonprofit organization, for the improvement, preservation and maintenance of the commonwealth avenue mall. Expenditures for the mall are made as authorized or recommended by the commonwealth avenue mall committee.

$925program expense
03

Homelessness Task Force

Nabb has a homelessness task force (HTF) that works to increase understanding of homelessness in boston and promote effective prevention and treatment programs through public education and advocacy.

$400program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNeighborhood Association of the Back Bay INC
EINHdr · item D04-2789926
Principal addressHdr · item CBoston, MA
WebsiteHdr · item Jwww.nabbonline.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S22Z)
Ruling yearIRS BMFJun 1983

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a38
Independent voting membersPt VI · Ln 1b38
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Director & E
$66,393Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Roseann Colot’s $66K as Director & E is at the 44th percentile of top reported officer pay among 1710 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Roseann Colot$70,554$66,554$72,516$59,176
Roseann Colot$66,393$61,010

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$156K · 74%
Investment income$57K · 27%
Contributions & grants74%$156K
Investment income27%$57K
Total revenueLn 12$211K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.07 Management & general $0.93
Program services7%$13K
Management & general93%$172K
Total functional expensesLn 25$185K

Balance Sheet

Part X · end of year
CashLn 1$9K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$3K
Total net assetsLn 32$1.3M
Months of cash on handcomputed0.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.2M · Operating expenses/yr $185K
79.5 months
Where the money goes
Program services
Program services $13K · Total expenses $185K
7%
Management & General
Management & general $172K · Total expenses $185K
93%
Fundraising
Fundraising $0 · Total expenses $185K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $153K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $156K · Total revenue $211K
74%
Government reliance
Government grants — · Total revenue $211K
Earned-income share
Program service revenue $0 · Total revenue $211K
0%
Investment reliance
Investment income $57K · Total revenue $211K
+27%
Program self-sufficiency
Program service revenue $0 · Total expenses $185K
0%
Growth & trend
Revenue growth (YoY)
This year $211K · Prior year $182K
+16%
Revenue CAGR
FY2019 $162K · FY2024 $211K
+5%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $211K · Expenses $185K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $1.3M · Total assets $1.3M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.2M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M
92%
People & payroll
Highest Reported Total Compensation
Individual Roseann Colot · Reported title DIRECTOR & E · Highest reported compensation $66K · Total expenses $185K
36%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $88K · Total expenses $185K
48%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 7%
Overhead ratio 93%
Fundraising cost ratio 0%
Revenue growth 16%
Accounting fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$21K
Grants paid · 1 grant · $6K · 2020–2020

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$211K revenue · viewing · ⤓ 990 PDF
FY2024$182K revenue · ⤓ 990 PDF
FY2023$177K revenue · ⤓ 990 PDF
FY2022$215K revenue · ⤓ 990 PDF
FY2021$145K revenue · ⤓ 990 PDF
FY2020$162K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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