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Masschallenge

Public charity
Community Development · BOSTON, MA · EIN 27-0382989

About

To connect entrepreneurs with the resources they need to launch and succeed immediately.the primary activities include running an annual global startup competition, documenting and organizing key resources, and organizing training and networking events and running a 4 month accelerator program designed to help startups grow.

Donations are tax-deductible
Category
Community Development
Employees
55
Volunteers
500

Financial Snapshot

FY ending 2024-12-31
Revenue
$7.8M
Expenses
$9.7M
Assets
$5.3M
Liabilities
$1.0M

Financial history

$15.8M$7.9M$0
15161718192021222324
RevenueExpenses
Latest FY2024: $7.8M · Peak FY2019: $14.3M · Avg: $10.5M

Foreign activity (Schedule F)

Total spent abroad$19K
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$248K
MASSCHALLENGE
Your actions

Address

10 FAN PIER BLVD STE 300
Boston, MA, 02210-214

Governance

Voting board members11
Independent members11
Conflict-of-interest policyYes
Whistleblower policyNo
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo

Fundraising activity (Schedule G)

Uses professional fundraisersNo
Gross fundraising receipts$42K
Net to org$42K
ChannelsEmail
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.