Civic Intelligence

The Boston Society Inc.

EIN 20-1661990 • 501(c)3 • Lexington, MA

Pub. 78 Eligible

Profile

The mission of The Boston Society is to provide a forum where education, training, discussion and trade association activities for support of the healthcare community will be facilitated.The Organization was founded in response to a growing need for an alternative forum for the discussion of applied pharmaceutical research. The founding members of the Boston Society created a society to organize meetings that are industrially focused, while maintaining non-profit status, relevant venue, and correspondingly low rates. The Organization provides several of these meetings each year. Membership in the Boston Society includes scientists involved in every area of research and development from academic, industrial, and governmental laboratories. Their interests include advancement of techniques and instrumentation, synthesis, and the full spectrum of activities necessary to discover and develop novel entities and technologies.

394 Lowell Street Suite 9Lexington, MA 02420

www.bostonsociety.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.05x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.04x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

64th percentile

10%

Higher net margin than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

99th percentile

$153,310

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 43.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

76th percentile

20%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

72nd percentile

20%

Faster revenue growth than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$279,854

Up $47,057 (+20%) from 2023

Liabilities

Up

$14,979

Up $14,009 (+1444%) from 2023

Net Assets

Up

$264,875

Up $33,048 (+14%) from 2023

Revenue

Up

$354,135

Up $58,820 (+20%) from 2023

Expenses

Up

$318,589

Up $40,884 (+15%) from 2023

Net Income

Up

$35,546

Up $17,936 (+102%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2011: $299,826Liabilities 2011: $158,719Net Assets 2011: $141,1072011Assets 2012: $237,339Liabilities 2012: $99,425Net Assets 2012: $137,9142012Assets 2013: $264,673Liabilities 2013: $34,569Net Assets 2013: $230,1042013Assets 2014: $349,183Liabilities 2014: $45,310Net Assets 2014: $303,8732014Assets 2015: $361,701Liabilities 2015: $9,164Net Assets 2015: $352,5372015Assets 2016: $347,790Liabilities 2016: $22,490Net Assets 2016: $325,3002016Assets 2017: $324,088Liabilities 2017: $26,258Net Assets 2017: $297,8302017Assets 2018: $331,466Liabilities 2018: $23,684Net Assets 2018: $307,7822018Assets 2019: $377,397Liabilities 2019: $40,444Net Assets 2019: $336,9532019Assets 2020: $300,450Liabilities 2020: $3,763Net Assets 2020: $296,6872020Assets 2021: $252,433Liabilities 2021: $948Net Assets 2021: $251,4852021Assets 2022: $214,926Liabilities 2022: $942Net Assets 2022: $213,9842022Assets 2023: $232,797Liabilities 2023: $970Net Assets 2023: $231,8272023Assets 2024: $279,854Liabilities 2024: $14,979Net Assets 2024: $264,8752024

Highlighted filing

2024

Assets$279,854
Liabilities$14,979
Net Assets$264,875

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $517,992Expenses 2011: $451,056Net Income 2011: $66,9362011Revenue 2012: $396,858Expenses 2012: $400,051Net Income 2012: -$3,1932012Revenue 2013: $364,788Expenses 2013: $272,598Net Income 2013: $92,1902013Revenue 2014: $370,302Expenses 2014: $296,533Net Income 2014: $73,7692014Revenue 2015: $412,310Expenses 2015: $363,646Net Income 2015: $48,6642015Revenue 2016: $341,004Expenses 2016: $368,241Net Income 2016: -$27,2372016Revenue 2017: $340,916Expenses 2017: $369,098Net Income 2017: -$28,1822017Revenue 2018: $405,765Expenses 2018: $389,966Net Income 2018: $15,7992018Revenue 2019: $486,218Expenses 2019: $460,701Net Income 2019: $25,5172019Revenue 2020: $213,913Expenses 2020: $254,166Net Income 2020: -$40,2532020Revenue 2021: $162,124Expenses 2021: $208,987Net Income 2021: -$46,8632021Revenue 2022: $252,403Expenses 2022: $287,841Net Income 2022: -$35,4382022Revenue 2023: $295,315Expenses 2023: $277,705Net Income 2023: $17,6102023Revenue 2024: $354,135Expenses 2024: $318,589Net Income 2024: $35,5462024

Highlighted filing

2024

Revenue$354,135
Expenses$318,589
Net Income$35,546

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.80$0.15$2.65$3.54$3.19$0.36
2023Detailed filing. Detailed filing data is available for this year.$2.33$0.01$2.32$2.95$2.78$0.18
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.01$2.14$2.52$2.88$0.35
2021Detailed filing. Detailed filing data is available for this year.$2.52$0.01$2.51$1.62$2.09$0.47
2020Detailed filing. Detailed filing data is available for this year.$3.00$0.04$2.97$2.14$2.54$0.40
2019Detailed filing. Detailed filing data is available for this year.$3.77$0.40$3.37$4.86$4.61$0.26
2018Detailed filing. Detailed filing data is available for this year.$3.31$0.24$3.08$4.06$3.90$0.16
2017Detailed filing. Detailed filing data is available for this year.$3.24$0.26$2.98$3.41$3.69$0.28
2016Detailed filing. Detailed filing data is available for this year.$3.48$0.22$3.25$3.41$3.68$0.27
2015Detailed filing. Detailed filing data is available for this year.$3.62$0.09$3.53$4.12$3.64$0.49
2014Detailed filing. Detailed filing data is available for this year.$3.49$0.45$3.04$3.70$2.97$0.74
2013Detailed filing. Detailed filing data is available for this year.$2.65$0.35$2.30$3.65$2.73$0.92
2012Summary only. Only limited summary data is available for this year.$2.37$0.99$1.38$3.97$4.00$0.03
2011Summary only. Only limited summary data is available for this year.$3.00$1.59$1.41$5.18$4.51$0.67
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 21, 2025
Return Version
2024v5.0
Gross Receipts
$487,994
Mission and Program Overview

Mission

The mission of The Boston Society is to provide a forum where education, training, discussion and trade association activities for support of the healthcare community will be facilitated.The Organization was founded in response to a growing need for an alternative forum for the discussion of applied pharmaceutical research. The founding members of the Boston Society created a society to organize meetings that are industrially focused, while maintaining non-profit status, relevant venue, and correspondingly low rates. The Organization provides several of these meetings each year. Membership in the Boston Society includes scientists involved in every area of research and development from academic, industrial, and governmental laboratories. Their interests include advancement of techniques and instrumentation, synthesis, and the full spectrum of activities necessary to discover and develop novel entities and technologies.

The mission of the boston society is to provide a forum where education, training, discussion and trade association activities for support of the healthcare community will be facilitated. The organization was founded in response to a growing need for an alternative forum for the discussion of applied pharmaceutical research. The founding members of the boston society created a society to organize meetings that are industrially focused, while maintaining non- profit status, relevant venue, and correspondingly low rates. The organization provides several of these meetings each year.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$82,592$132,967▲ $50,375
Land, Buildings, and Equipment, Net$86,583$81,538▼ $5,045
Savings and Temporary Cash Investments$33,931$36,526▲ $2,595
Investments in Publicly Traded Securities$29,691$28,823▼ $868
Total Assets$232,797$279,854▲ $47,057
Liabilities
Deferred Revenue-$14,125-
Other Liabilities$970$854▼ $116
Total Liabilities$970$14,979▲ $14,009
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$231,827$264,875▲ $33,048
Total Net Assets Fund Balance$231,827$264,875▲ $33,048
Total Liabilities and Net Assets / Fund Balance$232,797$279,854▲ $47,057

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$72,689$104,325$177,014
Equipment$1,701$11,954$13,655
Leasehold Improvements$7,148$1,352$8,500
Other Land Buildings-$8,172$8,172
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elena TufaExecutive DiFT$129,714$23,596$153,310
Elena TufaExecutive Director-$129,714$23,596$153,310
Jen BrockmanTreasurerPT$22,373-$22,373

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$349,873
Investment Income
$4,225
Other Revenue
$37
Change in Net Assets
$35,546
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$187,788
Other Expenses$130,801
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$158,114$17,569-$175,683
Conferences and Meetings$80,125--$80,125
Payroll Taxes$10,894$1,211-$12,105
Office Expenses$8,699$967-$9,666
Depreciation Depletion$6,377$709-$7,086
Fees for Services Accounting-$5,500-$5,500
Fees for Services Other-$4,883-$4,883
All Other Expenses$1,179$768-$1,947
Other Expenses$1,315$146-$1,461
Advertising$1,301--$1,301
Travel$945--$945
Insurance$384$506-$890
Total Functional Expenses$285,065$33,524$0$318,589
International Activity

International Summary

Employees
4
Spending
$10,143

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaProgram ServicesConference-4$10,143
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Liability$854
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Adam brockman jen brockman president treasurer wife

Form 990, Page 6, Part VI, Line 7A

Members are eligible to run for the board of directors. The board of directors has goverance over the organization.

Form 990, Page 6, Part VI, Line 11B

The cfo of the organization reviews the form 990 prior to signing.

Form 990, Page 6, Part VI, Line 12C

The board requires all directors to disclose any potential conflicts of interest on an annual basis. The board reviews the disclosures and takes action if necessary.

Form 990, Page 6, Part VI, Line 15A

A salary survey was conducted and the results documented. The board then voted on an hourly compensation rate based on the survey's findings.

Form 990, Page 6, Part VI, Line 19

The organization's tax returns and financial statements are made available to the public on guidestar.com. The organization's governing documents are also available on guidestar.com. All governing documents, policies and financial statements are also made available upon request.

Filing and Contact Details

Filer

Filer Name
The Boston Society Inc
EIN
20-1661990
Phone
7818610134
Address
394 LOWELL STREET SUITE 9, LEXINGTON, MA 02420

Signing Officer

Name
Adam Brockman
Title
President
Phone
7818610134
Signed
2025-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Brockman
Formed
2004
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
8
Employees
2

Preparer

Firm
Ruane & Company Llp
Address
105 CENTRAL STREET SUITE 1200, STONEHAM, MA 02180
Preparer
Thomas M Ruane CPA
Phone
7816430090
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 4B

INDIA

Raw XML AppendixShowing 400 of 491 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE MISSION OF THE BOSTON SOCIETY IS TO PROVIDE A FORUM WHERE EDUCATION, TRAINING, DISCUSSION AND TRADE ASSOCIATION ACTIVITIES FOR SUPPORT OF THE HEALTHCARE COMMUNITY WILL BE FACILITATED.
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01211
IRS990/PayrollTaxesGrp/ProgramServicesAmt010894
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IRS990/PrincipalOfficerNm0ADAM BROCKMAN
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0906
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0104325
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IRS990ScheduleD/EquipmentGrp/BookValueAmt01701
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011954
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt07148
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01352
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt08500
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08172
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08172
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0854
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt081538
IRS990ScheduleD/TotalLiabilityAmt0854
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SOUTH ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0CONFERENCE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
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IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
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IRS990ScheduleF/SubtotalEmployeesCnt04
IRS990ScheduleF/SubtotalSpentAmt010143
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0SOUTH ASIA 10,143 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt023596
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ELENA TUFA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0153310
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INDIA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADAM BROCKMAN JEN BROCKMAN PRESIDENT TREASURER WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ARE ELIGIBLE TO RUN FOR THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS HAS GOVERANCE OVER THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CFO OF THE ORGANIZATION REVIEWS THE FORM 990 PRIOR TO SIGNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD REQUIRES ALL DIRECTORS TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS. THE BOARD REVIEWS THE DISCLOSURES AND TAKES ACTION IF NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A SALARY SURVEY WAS CONDUCTED AND THE RESULTS DOCUMENTED. THE BOARD THEN VOTED ON AN HOURLY COMPENSATION RATE BASED ON THE SURVEY'S FINDINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S TAX RETURNS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON GUIDESTAR.COM. THE ORGANIZATION'S GOVERNING DOCUMENTS ARE ALSO AVAILABLE ON GUIDESTAR.COM. ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE ALSO MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/AddressLine1Txt0FLAT 101 SAPTHAGIRI RES 1-10-98
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CityNm0HYDERABAD TELANGANA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CountryCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ForeignPostalCd0500016
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileForeignCountryCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CONFERENCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
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