Building Audacity is a 501(c)(3) organization based in Boston, Massachusetts, registered in 2019, with $526,467 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$526K
▼ 69.3% vs prior year
Youth median: $163K
Expenses (FY2024)
$519K
Net assets
$115K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Building Audacity— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Building Audacity: 3 mo reserves · +1% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Building Audacity— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Building Audacity: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $662K (FY2020) to $526K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
1.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$255K
Total liabilities
$140K
Net assets
$115K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $526,467▼69.3% | $519,000▼62.7% | $114,500▲216% | $254,500▼20.2% | 990 |
| 2023 | $1,714,672▼9.1% | $1,390,978▼35.8% | -$99,000▲39.4% | $319,000▲136% | 990 |
| 2022 | $1,885,463▲16.6% | $2,164,957▲24.4% | -$163,298▼241% | $135,163▼3.1% | 990 |
| 2021 | $1,616,711▲144% | $1,740,739▲313% | $116,196▼51.6% | $139,504▼41.9% | 990 |
| 2020 | $661,575 | $421,400 | $240,224 | $240,224 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
36 grants to Building Audacity totaling $2.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $35,000 |
| Common Counsel Foundation | General support | 2024 | $30,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2023 | $500,000 |
| Boston Foundation Inc | Youth development | 2023 | $50,000 |
| Common Counsel Foundation | General operating | 2023 | $30,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2022 | $275,000 |
| Nellie Mae Education Foundation Inc | Wellness response | 2022 | $25,000 |
| Nellie Mae Education Foundation Inc | Cfcc capacity building | 2022 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $5,250 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2021 | $110,000 |
| Health Resources In Action Inc | Covid-19 community grants | 2021 | $85,900 |
| Boston Foundation Inc | Youth development | 2021 | $65,000 |
| Boston Foundation Inc | Operating support/annual fund | 2021 | $50,150 |
| New Venture Fund | Youth development and education | 2021 | $50,000 |
| Nellie Mae Education Foundation Inc | Cambridge youth and caregivers connects | 2021 | $50,000 |
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Data for Building Audacity (EIN 83-4650961) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.