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CAPITAL NETWORK OF NEW ENGLAND INC C/O CECILIA FREROTTE

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Public IRS 990 nonprofit record

CAPITAL NETWORK OF NEW ENGLAND INC C/O CECILIA FREROTTE

EIN 68-0593779 · Management & Technical Assistance - Employment (J02)

What they do

to PROVIDE PRACTICAL, HANDS-ON EDUCATION and PERSONALIZED MENTORING to HELP EARLY-STAGE ENTREPRENEURS MASTER THE ENTIRE FUNDING PROCESS and SUCCESSFULLY RAISE SEED CAPITAL and BEYOND. WE KNOW FUNDRAISING is HARD SO WE PROVIDE ENTREPRENEURS WITH THE RIGHT NETWORK and PROGRAMMING. WE RUN OPEN PROGRAMMING (OPEN to ALL) and A FELLOWSHIP for FEMALE FOUNDERS to HELP MORE WOMEN BE READY to RAISE THEIR FIRST OUTSIDE CAPITAL.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $46.80 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 leaders6 people are listed in the latest report.

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

Money made simple

0.00%of revenue went to mission work46.8% of expenses · Program services
0.00%of revenue went to management and office costs53.2% of expenses

Ask these three easy questions

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

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.

Money in and money out

Expenses$41,251

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)$19,289 · 46.8% of expenses
Management and office costs$21,962 · 53.2% of expenses
See all reported dollar amounts
Expenses$41,251
Income$196,621
Mission work (program services)$19,289
Management and general$21,962
Accounting fees$4,800
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 (6)

ASAD BUTTPRESIDENT

BANU OZKAZNAC-PANBOARD MEMBER

CECILIA FREROTTETREASURER

JOSHUA FRENCHCLERK

MEAGAN SPENCERBOARD MEMBER

SHEILA NARAYANBOARD MEMBER

About this charity

Recognized since
August 2005
Location
255 STATE STREET 3RD FLOOR, BOSTON, MA 02109
County
Suffolk
In care of
CECILIA FREROTTE
Primary officer
CECILIA FREROTTE, TREASURER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
June 1, 2024
Return type
990
Tax preparer
DAVID M PINKHAM CPA LLC
NTEE classification
Management & Technical Assistance - Employment (J02)
IRS tax category
Management & Technical Assistance

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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