Civic Intelligence

East Boston K Trust

EIN 22-2893493 • 501(c)3 • East Boston, MA

Profile

To provide scholarships (grants) to 18 recipients

C/O Magoon 264 Bennington StEast Boston, MA 02128

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

11th percentile

-83%

Higher net margin than 11% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

46th percentile

-4.5%

Faster asset growth than 46% of similar nonprofits.

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

Revenue Growth

25th percentile

-35%

Faster revenue growth than 25% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$100,647

Down $4,694 (-4.5%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$100,647

Down $4,694 (-4.5%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin11th percentile

Revenue

Down

$5,665

Down $2,996 (-35%) from 2023

Expenses

Down

$10,359

Down $30,841 (-75%) from 2023

Net Income

Up

-$4,694

Up $27,845 (+86%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth46th percentile

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

$200K$150K$100K$50K$0Assets 2013: $132,166Net Assets 2013: $132,1662013Assets 2014: $126,836Net Assets 2014: $126,8362014Assets 2015: $124,888Net Assets 2015: $124,8882015Assets 2016: $121,506Net Assets 2016: $121,5062016Assets 2017: $134,118Net Assets 2017: $134,1182017Assets 2018: $141,061Net Assets 2018: $141,0612018Assets 2019: $135,765Net Assets 2019: $135,7652019Assets 2020: $161,415Net Assets 2020: $161,4152020Assets 2021: $152,858Net Assets 2021: $152,8582021Assets 2022: $137,880Net Assets 2022: $137,8802022Assets 2023: $105,341Net Assets 2023: $105,3412023Assets 2024: $100,647Net Assets 2024: $100,6472024

Highlighted filing

2024

Assets$100,647
Liabilities-
Net Assets$100,647
Open 2024 Filing

Operations Trend

Revenue Growth25th percentile

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

$60K$40K$20K$0-$20K-$40KRevenue 2013: $12,684Expenses 2013: $22,674Net Income 2013: -$9,9902013Revenue 2014: $22,653Expenses 2014: $27,983Net Income 2014: -$5,3302014Revenue 2015: $23,381Expenses 2015: $25,329Net Income 2015: -$1,9482015Revenue 2016: $16,488Expenses 2016: $19,870Net Income 2016: -$3,3822016Revenue 2017: $20,321Expenses 2017: $7,709Net Income 2017: $12,6122017Revenue 2018: $32,568Expenses 2018: $25,625Net Income 2018: $6,9432018Revenue 2019: $22,968Expenses 2019: $28,264Net Income 2019: -$5,2962019Revenue 2020: $27,973Expenses 2020: $2,323Net Income 2020: $25,6502020Revenue 2021: $2,248Expenses 2021: $10,805Net Income 2021: -$8,5572021Revenue 2022: $2,560Expenses 2022: $17,538Net Income 2022: -$14,9782022Revenue 2023: $8,661Expenses 2023: $41,200Net Income 2023: -$32,5392023Revenue 2024: $5,665Expenses 2024: $10,359Net Income 2024: -$4,6942024

Highlighted filing

2024

Revenue$5,665
Expenses$10,359
Net Income-$4,694
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$100,647
Liabilities
-
Net assets
$100,647
Revenue
$5,665
Expenses
$10,359
Net income
-$4,694
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.01$1.01$0.06$0.10$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.05$1.05$0.09$0.41$0.33
2022Detailed filing. Detailed filing data is available for this year.$1.38$1.38$0.03$0.18$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.53$1.53$0.02$0.11$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.61$1.61$0.28$0.02$0.26
2019Detailed filing. Detailed filing data is available for this year.$1.36$1.36$0.23$0.28$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.41$1.41$0.33$0.26$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.34$1.34$0.20$0.08$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.22$1.22$0.16$0.20$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.25$1.25$0.23$0.25$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.27$1.27$0.23$0.28$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.32$1.32$0.13$0.23$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 24, 2025
Return Version
2024v5.0
Gross Receipts
$5,665
Mission and Program Overview

Mission

To provide scholarships (grants) to 18 recipients

Program Services

DescriptionGrantsExpenses
PROVIDED SCHOLARSHIPS TO 18 RECIPIENTS-$10,359
SCHOLARSHIPS DISTRIBUTED TO STUDENTS--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PHILIP FREEHANChairmanPT$0--
-TreasurerPT$0--
-Sec/ClerkPT$0--
-DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
East Boston K Trust
EIN
22-2893493
Phone
6175690175
Address
C/O MAGOON 264 BENNINGTON ST, EAST BOSTON, MA 02128

Signing Officer

Name
Philip Freehan
Title
Chairman
Phone
9789772202
Signed
2025-10-24
Discuss with paid preparer
Yes

Preparer

Firm
Mp & Company Tax & Financial Services
Address
PO BOX 146, EAST BOSTON, MA 02128
Preparer
Grace C Magoon Ea
Phone
6175690175
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses po box 302 insurance 1,422 donations 7,750 total 9,474”

Form 990-ez, Part III, Line 31

“Provided scholarships to 18 recipients”

Raw XML Appendix140 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GRACE C MAGOON
IRS990EZ/BooksInCareOfDetail/PhoneNum06175630179
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0264 BENNINGTON STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0EAST BOSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002128
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0105341
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0100647
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05186
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4694
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0885
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0105341
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0100647
IRS990EZ/GrossReceiptsAmt05665
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0479
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0105341
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0100647
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0105341
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0100647
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt310.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt0GRACE C MAGOON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt1MARISA DIPIETRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt2GEORGE GAMBALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine2Txt0PO BOX 503
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine2Txt121 LAMSON ST REAR E BOSTON MA02128
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PHILIP FREEHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SEC/CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt09474
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SCHOLARSHIPS (GRANTS) TO 18 RECIPIENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIPS DISTRIBUTED TO STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDED SCHOLARSHIPS TO 18 RECIPIENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt010359
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt010359
IRS990EZ/TotalProgramServiceExpensesAmt010359
IRS990EZ/TotalRevenueAmt05665
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05186
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt07883
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01924
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0780
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt016442
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt032215
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0479
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0778
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0636
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01468
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0964
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04325
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt036540
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05665
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt08661
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02560
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02248
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt017406
IRS990ScheduleA/Total509Grp/TotalAmt036540
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05665
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt08661
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02560
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02248
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt017406
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt036540
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PO BOX 302 INSURANCE 1,422 DONATIONS 7,750 TOTAL 9,474
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROVIDED SCHOLARSHIPS TO 18 RECIPIENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PHILIP FREEHAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09789772202
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EAST BOSTON K TRUST
ReturnHeader/Filer/BusinessNameControlTxt0EAST
ReturnHeader/Filer/EIN0222893493
ReturnHeader/Filer/PhoneNum06175690175
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O MAGOON 264 BENNINGTON ST
ReturnHeader/Filer/USAddress/CityNm0EAST BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002128
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043411646
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MP & COMPANY TAX & FINANCIAL SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 146
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAST BOSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002128
ReturnHeader/PreparerPersonGrp/PhoneNum06175690175
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GRACE C MAGOON EA
ReturnHeader/ReturnTs02025-10-24T12:40:44-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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