SUSTAINABLE BUSINESS NETWORK OF MASSACHUSETTS INC Charity Report

Public IRS 990 nonprofit record

SUSTAINABLE BUSINESS NETWORK OF MASSACHUSETTS INC

EIN 04-3581405 · Small Business Development (S43)

What they do

THE MISSION of THE SUSTAINABLE BUSINESS NETWORK of MASSACHUSETTS is to BUILD AN ECONOMY THAT is LOCAL, GREEN and FAIR.OUR MISSION is to CREATE AN ECONOMY IN MASSACHUSETTS THAT is SUSTAINABLE and WE PROMOTE THE FOLLOWING BUSINESS PRACTICES:*HIGH ETHICAL STANDARDS IN BUSINESS*A MULTIPLE STAKEHOLDER BUSINESS MODEL*PRODUCTIVE and FULFILLING WORKPLACES*BUSINESS AS A VEHICLE for SOCIAL JUSTICE and ECONOMIC PROSPERITY for ALL*ENVIRONMENTALLY SUSTAINABLE BUSINESS PRACTICESWE WORK to ACHIEVE OUR MISSION BY PROVIDING:*EDUCATIONAL PROGRAMS WHICH FOCUS ON BEST PRACTICES of SOCIALLY RESPONSIBLE BUSINESS and OTHER LEADING EDGE IDEAS*NETWORKING OPPORTUNITIES and COMMUNITY BUILDING ACTIVITIES*SERVICE PROJECT and OUTREACH EVENTS*TECHNICAL ASSISTANCE to BUSINESSES IN ORDER to HELP THEM DECREASE ENERGY COSTS and THEIR CARBON FOOT PRINT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $73.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

97.33%of revenue went to mission work73.5% of expenses · Program services

0.18%of revenue went to fundraising0.1% of expenses

$132.47spent for every $100 of revenueSpending was higher than revenue this year.

34.97%of revenue went to management and office costs26.4% of expenses

$0.03in assets for every $1 spent this yearSome assets cannot be spent right away.

56.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $139,059 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$428,246

Mission workProgram services$416,81497.33% of revenue73.5% of expenses

ManagementOffice and general costs$149,73834.97% of revenue26.4% of expenses

FundraisingAsking for donations$7530.18% of revenue0.1% of expenses

Total expenses$567,305132.47% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 73.5% mission · 26.4% management · 0.1% fundraisingTotal expenses: 132.47% of revenue

2023Expense mix: 64.6% mission · 34.8% management · 0.6% fundraisingTotal expenses: 84.70% of revenue

2022Expense mix: 55.4% mission · 43.8% management · 0.7% fundraisingTotal expenses: 112.85% of revenue

2021Expense mix: 66.5% mission · 33.2% management · 0.3% fundraisingTotal expenses: 93.37% of revenue

2020Expense mix: 48.0% mission · 52.0% management · 0.0% fundraisingTotal expenses: 129.50% of revenue

Money in and money out

Revenue$428,246

Expenses$567,305

Annual shortfall $139,059 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$416,814 · 73.5% of expenses

Management and office costs$149,738 · 26.4% of expenses

Fundraising$753 · 0.1% of expenses

See all reported dollar amounts

Revenue$428,246

Expenses$567,305

Assets$17,491

Income$428,246

Contributions$239,755

Mission work (program services)$416,814

Fundraising$753

Grants given$74,010

Average grant$9,251

Management and general$149,738

Accounting fees$3,700

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (5)

EDWARD DUGGERTREASURER

KAREN SPILLERBOARD MEMBER

LAURENCE HAMMELPRESIDENT, CLERK & EXECUTI

ROBERT KEENERBOARD MEMBER

TERESA DILLONBOARD MEMBER

About this charity

Recognized since: January 2021
Location: 524 BOSTON POST RD, WAYLAND, MA 01778-1833
County: Middlesex
In care of: % TILTON WHEELER & COMPANY LLC
Primary officer: LAURENCE F HAMMEL, CLERK

How to reach them

WebsiteVisit the charity’s website Emailinfo@sbnmass.org Phone(508) 358-7355

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: UHY ADVISORS NORTHEAST INC
NTEE classification: Small Business Development (S43)
IRS tax category: Small Business Development
Grant-giving organization: Yes