Housing Forward-Ma INC

Tax-deductible

Boston, MA501(c)(3)Since 2020HousingEIN 85-1510237Revenue $77K in FY2025

On file with the IRShousingforwardma.org10 Tremont St 2nd Floor, 02108-2066 · Boston, MATax-exempt since Sep 2020Publicly supported charity — 170(b)(1)(A)(vi)

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Housing Forward-Ma develops data backed policies related to Housing in massachusetts and the broader economic impacts of Housing supply and demand. By providing training, education, and model policy proposals our organization will support organizing and advocacy efforts for affordable, workforce Housing across the state.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Run by 3 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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 $5K a year · 4% 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
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$12K
to officers and key staff · 18% of spending
Top officer’s pay lower than 62% of similar orgs
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 10.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $35K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$77K
-3% vs prior year
Spent
$67K
To programs
93%
Net assets
$54K
By yearFY2020–FY2025
Revenue
$77K
FY2025▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$150K
FY2021$258K
FY2022$220K
FY2023$23K
FY2024$79K
FY2025$77K
Expenses
$67K
FY2025▲ +110%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$298K
FY2022$177K
FY2023$57K
FY2024$32K
FY2025$67K
Net assets
$54K
FY2025▲ +21%
Tap a bar for its year
Net assets by fiscal year
FY2020$28K
FY2021−$11K
FY2022$31K
FY2023−$3K
FY2024$45K
FY2025$54K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2020.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $62K Management & general 7% · $5K

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

4 people listed on the 990; $12K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$12,000Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Josh Zakim’s $12K as Executive Di is at the 38th percentile of top reported officer pay among 142 <$100K housing 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Josh Zakim$12,000$12,000$37,000$91,679$159,768$101,995

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 15aNo

Programs and updates

Develops data-backed housing policies and advocates for affordable housing statewide.

Provided by the organization

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1 program · $62K · in their own filed words · FY2025
01

Housing forward-ma develops data-backed policies related to housing in massachusetts, and the broader economic impacts of housing supply and demand. By providing training, education, and model policy proposals, our organization will support organizing and advocacy efforts for affordable workforce housing across the state.

$62Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$35K
Grants paid · 1 grant · $35K · 2025–2025
Abundant Housing Ma INCMA · FY2025$35,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$77K
Ln 12
Gifts and grantsLn 1h$77K
Money outPt IX
$67K
Ln 25
Programscol B$62K
Managementcol C$5K
Owns and owesPt X
$54K
net assets · Ln 32
Cash and savingsLn 1–2$58K
Total assetsLn 16$58K
LiabilitiesLn 26$4K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$77K
Total revenueLn 12$77K
Assets in detailPt X, end of year
CashLn 1$58K
Cash and savings togetherLn 1–2$58K
Total assetsLn 16$58K
LiabilitiesLn 26$4K
Net assetsLn 32$54K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$49K$58K
Total assetsLn 16$49K$58K
LiabilitiesLn 26$4K$4K
Net assetsLn 32$45K$54K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$40K$40K
Pay of current officers, directors and key staffLn 5$12K$12K
Accounting feesLn 11c$4K$4K
Other fees for servicesLn 11g$10K$10K
Office expensesLn 13$19$19
Other expenses (24a–d)Ln 24$242$242
Total functional expensesLn 25$67K$62K$5K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $77K$67K$10K$54K 990 PDF
FY2024 $79K$32K$47K$45K 990 PDF
FY2023 $23K$57K−$34K−$3K 990 PDF
FY2022 $220K$177K$43K$31K 990 PDF
FY2021 $258K$298K−$39K−$11K 990 PDF
FY2020 $150K$28K 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 FY2025 990 (6 parts)
Part I · Summary $77,000 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $79,000$77,000
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $79,000$77,000
I-13 Grants and similar amounts paid$39,950
I-14 Benefits paid to members$0
I-15 Salaries and benefits$12,000
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $31,651$14,603
I-18 Total expensesPrior year $31,651$66,553
I-19 Revenue less expensesPrior year $47,349$10,447
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $77,000 across 3 lines filed
VIII-1f All other contributions, gifts and grants$77,000
VIII-1h Total contributions, gifts and grants$77,000
VIII-12 Total revenue$77,000
Part IX · Statement of functional expenses $66,553 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $39,950$39,950
IX-5 Pay of current officers, directors and key staffPrograms $12,000$12,000
IX-11c Accounting feesManagement $4,330$4,330
IX-11g Other fees for servicesPrograms $10,012$10,012
IX-13 Office expensesManagement $19$19
IX-24 Other expenses (24a–d)Management $242$242
IX-25 Total functional expensesPrograms $61,962 · Management $4,591 · Fundraising $0$66,553
Part X · Balance sheet $57,728 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $48,594$57,728
X-16 Total assetsStart of year $48,604$57,728
X-17 Accounts payable and accrued expensesStart of year $3,909$3,669
X-26 Total liabilitiesStart of year $3,909$3,669
X-27 Net assets without donor restrictionsStart of year $9,695$54,059
X-32 Total net assets or fund balancesStart of year $44,695$54,059
X-33 Total liabilities and net assetsStart of year $48,604$57,728
Part XI · Reconciliation of net assets $54,059 net assets at year end
XI-1 Total revenue$77,000
XI-2 Total expenses$66,553
XI-3 Revenue less expenses$10,447
XI-4 Net assets at start of year$44,695
XI-8 Prior period adjustments−$1,083
XI-10 Net assets at end of year$54,059

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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