Bes INC FY2023 filing

Tax-deductible

Boston, MA501(c)(3)Since 2003EducationEIN 35-2194153Revenue $8.3M in FY2023

On file with the IRSbes.org131 Dartmouth St Ste 301, 02116-5385 · Boston, MATax-exempt since Jun 2003Publicly supported charity — 170(b)(1)(A)(vi)

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BES identifies and prepares excellent leaders to transform education in their communities

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$1.6M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $379K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.6M
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
12 mo
of spending, in cash
Looks good: 12.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $2.7M
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.1M
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.3M
+17% vs prior year
Spent
$8.5M
To programs
79%
Net assets
$8.9M
By yearFY2021–FY2025
Revenue
$8.3M
FY2023▲ +17%
Tap a bar for its year
Revenue by fiscal year
FY2021$7.8M
FY2022$7.1M
FY2023$8.3M
FY2024$10.9M
FY2025$6.6M
Expenses
$8.5M
FY2023▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2021$7.3M
FY2022$7.0M
FY2023$8.5M
FY2024$8.5M
FY2025$7.7M
Net assets
$8.9M
FY2023+0.3%
Tap a bar for its year
Net assets by fiscal year
FY2021$9.0M
FY2022$8.9M
FY2023$8.9M
FY2024$11.7M
FY2025$10.9M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $6.8M Management & general 21% · $1.8M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990; $1.6M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Chief Executive Officer
$233,043Pt VII · Sec A
Chief Strategy Officer
$189,299Pt VII · Sec A
SR. Director of Follow on
$185,890Pt VII · Sec A
Chief of Staff
$185,121Pt VII · Sec A
Chief Program Officer
$184,113Pt VII · Sec A
SR. Director of Lens
$159,573Pt VII · Sec A
SR. Director of Lens
$154,502Pt VII · Sec A
SR. Director of the Bes Fellowship
$153,761Pt VII · Sec A

Jasmine Fryer’s $286K as Chief External Affairs Off is at the 94th percentile of top reported officer pay among 3394 $1–10M education 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Linda Brown————$541,714
Susan Walsh————$331,723
Jasmine Fryer$285,749$244,715$189,299$200,709$146,615
Aasimah Navlakhi$256,221$253,399$233,043$226,977$208,000
Sara Bokhari$242,902————
Jabari Peddie$240,730$218,376$159,573——
Elena Severinghaus—$235,069———
Rebecca Feiden$226,093————

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Prepares excellent leaders to transform education in their communities.

Questions for Bes INC

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Provided by the organization

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1 program · $6.8M · in their own filed words · FY2022
01

Bes provides various training and professional development programs to individuals. From school founders and executive directors, to operations leaders, deans of students and directors of curriculum and instructions, bes trains leaders to build schools, to ensure their schools to excel, and to substain their results over time.

$6.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Charter Fund INCFY2024$1.1M
Total grants receivedfrom 3 funders$2.7M
See all 3 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$8.3M
Ln 12
Gifts and grantsLn 1h$7.1M
Fees for servicesLn 2g$925K
Other incomeLn 4–11$295K
Money outPt IX
$8.5M
Ln 25
Programscol B$6.8M
Managementcol C$1.8M
Owns and owesPt X
$8.9M
net assets · Ln 32
Cash and savingsLn 1–2$8.6M
Total assetsLn 16$11.0M
LiabilitiesLn 26$2.1M
PeoplePt VI, VII
18
listed · VII A
PaidVII A9
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.1M
Fees for servicesLn 2g$925K
Investment incomeLn 3$24K
Other incomeLn 4–11$295K
Gains on assetsLn 7−$28K
Total revenueLn 12$8.3M
Assets in detailPt X, end of year
CashLn 1$8.6M
Cash and savings togetherLn 1–2$8.6M
InvestmentsLn 11–13$2.1M
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$25K
Total assetsLn 16$11.0M
LiabilitiesLn 26$2.1M
Net assetsLn 32$8.9M
OperationsPt I, VI
EmployeesI 530
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$7.2M$8.6M
InvestmentsLn 11–13$1.9M$2.1M
Land, buildings, equipmentLn 10c$9K$3K
Total assetsLn 16$9.5M$11.0M
LiabilitiesLn 26$554K$2.1M
Net assetsLn 32$8.9M$8.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.9M$1.9M
Other salaries and wagesLn 7$2.0M$1.0M$939K
Other employee benefitsLn 9$442K$328K$114K
Payroll taxesLn 10$275K$208K$66K
Other fees for servicesLn 11g$913K$477K$436K
Advertising and promotionLn 12$126K$99K$26K
Office expensesLn 13$332K$260K$72K
OccupancyLn 16$80K$63K$17K
TravelLn 17$248K$204K$43K
Depreciation, depletion and amortizationLn 22$6K$4K$1K
InsuranceLn 23$14K$6K$8K
Other expenses (24a–d)Ln 24$2.1M$2.1M
All other expensesLn 24e$141K$103K$38K
Total functional expensesLn 25$8.5M$6.8M$1.8M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $6.6M$7.7M−$1.0M$10.9M 990 PDF
FY2024 $10.9M$8.5M$2.4M$11.7M 990 PDF
FY2023 Viewing $8.3M$8.5M−$193K$8.9M 990 PDF
FY2022 $7.1M$7.0M$165K$8.9M 990 PDF
FY2021 $7.8M$7.3M$539K$9.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $8,319,836 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,134,482$7,076,454
I-9 Program service revenuePrior year $978,731$924,750
I-10 Investment incomePrior year $13,194$24,032
I-11 Other revenuePrior year $12,078$294,600
I-12 Total revenuePrior year $7,138,485$8,319,836
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,222,336$4,591,792
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,751,571$3,921,116
I-18 Total expensesPrior year $6,973,907$8,512,908
I-19 Revenue less expensesPrior year $164,578−$193,072
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $8,319,836 across 7 lines filed
VIII-1f All other contributions, gifts and grants$7,076,454
VIII-1h Total contributions, gifts and grants$7,076,454
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $924,750$924,750
VIII-3 Investment incomeExcluded from tax $51,574$51,574
VIII-7 Net gain or loss on sales of assetsRelated to mission −$27,542−$27,542
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $294,600$294,600
VIII-12 Total revenueRelated to mission $1,191,808 · Unrelated business $0 · Excluded from tax $51,574$8,319,836
Part IX · Statement of functional expenses $8,512,908 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $1,903,441$1,903,441
IX-7 Other salaries and wagesPrograms $1,032,574 · Management $939,271$1,971,845
IX-9 Other employee benefitsPrograms $327,626 · Management $114,334$441,960
IX-10 Payroll taxesPrograms $208,342 · Management $66,204$274,546
IX-11g Other fees for servicesPrograms $477,363 · Management $436,096$913,459
IX-12 Advertising and promotionPrograms $99,021 · Management $26,498$125,519
IX-13 Office expensesPrograms $260,077 · Management $71,722$331,799
IX-16 OccupancyPrograms $63,435 · Management $16,827$80,262
IX-17 TravelPrograms $204,170 · Management $43,467$247,637
IX-22 Depreciation, depletion and amortizationPrograms $4,431 · Management $1,418$5,849
IX-23 InsurancePrograms $6,145 · Management $7,696$13,841
IX-24 Other expenses (24a–d)Programs $2,061,983$2,061,983
IX-24e All other expensesPrograms $103,230 · Management $37,537$140,767
IX-25 Total functional expensesPrograms $6,751,838 · Management $1,761,070 · Fundraising $0$8,512,908
Part X · Balance sheet $10,998,150 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $7,187,555$8,566,045
X-4 Accounts receivableStart of year $271,136$281,342
X-9 Prepaid expenses and deferred chargesStart of year $88,148$9,792
X-10c Land, buildings and equipment, netStart of year $9,157$3,308
X-12 Other securitiesStart of year $1,893,606$2,112,267
X-15 Other assetsStart of year $23,375$25,396
X-16 Total assetsStart of year $9,472,977$10,998,150
X-17 Accounts payable and accrued expensesStart of year $171,851$227,198
X-19 Deferred revenueStart of year $62,400$1,823,713
X-25 Other liabilitiesStart of year $319,265$4,089
X-26 Total liabilitiesStart of year $553,516$2,055,000
X-27 Net assets without donor restrictionsStart of year $8,439,461$8,668,150
X-28 Net assets with donor restrictionsStart of year $480,000$275,000
X-32 Total net assets or fund balancesStart of year $8,919,461$8,943,150
X-33 Total liabilities and net assetsStart of year $9,472,977$10,998,150
Part XI · Reconciliation of net assets $8,943,150 net assets at year end
XI-1 Total revenue$8,319,836
XI-2 Total expenses$8,512,908
XI-3 Revenue less expenses−$193,072
XI-4 Net assets at start of year$8,919,461
XI-5 Net unrealized gains (losses) on investments$216,761
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$8,943,150

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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