Civic Intelligence

Talented and Gifted Association Inc

EIN 27-1793806 • 501(c)3 • Brighton, MA

Profile

The talented and gifted association shall operate exclusively as a civic, educational, charitable, and benevolent organization for the benefit of its members, latino public school students, english language learners student, and the latino youth community in general. The talented and gifted association exists to elevate the latino community by providing and supporting programming in education, arts and culture.

21 Anselm TerraceBrighton, MA 02135

www.jolgorio.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

37th percentile

-4.1%

Higher net margin than 37% 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

42nd percentile

-7.7%

Faster asset growth than 42% of similar nonprofits.

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

Revenue Growth

44th percentile

-8.0%

Faster revenue growth than 44% of similar nonprofits.

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

Assets

Down

$37,276

Down $3,129 (-7.7%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$37,276

Down $3,129 (-7.7%) from 2023

Revenue

Down

$75,914

Down $6,591 (-8.0%) from 2023

Expenses

Down

$79,043

Down $17,880 (-18%) from 2023

Net Income

Up

-$3,129

Up $11,289 (+78%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2017: $22,562Liabilities 2017: $0Net Assets 2017: $22,5622017Assets 2018: $11,111Liabilities 2018: $0Net Assets 2018: $11,1112018Assets 2019: $15,878Liabilities 2019: $0Net Assets 2019: $15,8782019Assets 2020: $22,141Liabilities 2020: $0Net Assets 2020: $22,1412020Assets 2021: $23,508Liabilities 2021: $0Net Assets 2021: $23,5082021Assets 2022: $54,823Liabilities 2022: $0Net Assets 2022: $54,8232022Assets 2023: $40,405Liabilities 2023: $0Net Assets 2023: $40,4052023Assets 2024: $37,276Liabilities 2024: $0Net Assets 2024: $37,2762024

Highlighted filing

2024

Assets$37,276
Liabilities$0
Net Assets$37,276

Operations Trend

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

$100K$50K$0-$50KRevenue 2017: $9,030Expenses 2017: $0Net Income 2017: $9,0302017Revenue 2018: -$11,451Expenses 2018: $0Net Income 2018: -$11,4512018Revenue 2019: $8,767Expenses 2019: $4,000Net Income 2019: $4,7672019Revenue 2020: $12,492Expenses 2020: $6,229Net Income 2020: $6,2632020Revenue 2021: $22,908Expenses 2021: $21,541Net Income 2021: $1,3672021Revenue 2022: $90,874Expenses 2022: $59,559Net Income 2022: $31,3152022Revenue 2023: $82,505Expenses 2023: $96,923Net Income 2023: -$14,4182023Revenue 2024: $75,914Expenses 2024: $79,043Net Income 2024: -$3,1292024

Highlighted filing

2024

Revenue$75,914
Expenses$79,043
Net Income-$3,129

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 29, 2024
Return Version
2023v5.1
Gross Receipts
$128,970
Mission and Program Overview

Mission

The talented and gifted association shall operate exclusively as a civic, educational, charitable, and benevolent organization for the benefit of its members, latino public school students, english language learners student, and the latino youth community in general. The talented and gifted association exists to elevate the latino community by providing and supporting programming in education, arts and culture.

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O$61,449$77,461
SEE SCHEDULE O-$52,556
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ILYITCH N TABORAPresidentPT$0--
PAMELA A LEINSVice President-$0--
NATANIEL PIMENTELTreasurer-$0--
JOSE J LOPEZGeneral Counsel-$0--
NIGEL U ROSELLO-CORNIERDirector-$0--
CARLOS RODRIGUEZDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
El Jolgorio$36,067$36,067$10,192$25,875
Total Events$36,067$36,067$49,104$-13,037
Filing and Contact Details

Filer

Filer Name
Talented and Gifted Association Inc
EIN
27-1793806
Address
21 ANSELM TERRACE, BRIGHTON, MA 02135

Signing Officer

Name
Ilyitch N Tabora
Title
President
Phone
6175069662
Signed
2024-11-29
Discuss with paid preparer
No

Preparer

Firm
Gafs LLC
Address
730 HANCOCK STREET SUITE 209, QUINCY, MA 02170
Preparer
David Cheng CPA
Phone
7812289778
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description AmountINTEREST INCOME 37

Description of other expenses Part I line 16

Description AmountACCOUNTING FEE 1,575RETURN CHECK FEE 7GREATEST MINDS PROGRAM EXPENSES 77,461

Part III response or note to any other line in Part III

Form 990-ez, part iii, primary exempt purpose - the talented and gifted (tag) association shall operate exclusively as a civic, educational, charitable, and benevolent organization for the benefits of its members, latino and multilingual youth, and the latino community in general. Tag exists to elevate the latino community by providing and supporting programming in education, arts, and culture. Form 990-ez, part iii, line 28, program service accomplishments: el jolgorio navideno event celebrates latino leadership and contributions to the city of boston and the commonwealth. The event also elevates local latino artists, including performers, visual artists, artisans, and vendors who support artistic productions. This event also provides our organization with an opportunity to raise funds to support our other program initiatives. Form 990-ez, part iii, line 29, program service accomplishments: greatest minds fiscal sponsorship - the talented and gifted (tag) association serves as the fiscal sponsor for organizations which are elevating our community such as greatest minds led by george chip greenridge. Greatest minds provides mentorship, after-school and summer programming to youth, engaging them in programming, events, and leadership opportunities.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountINTEREST INCOME 37
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountACCOUNTING FEE 1,575RETURN CHECK FEE 7GREATEST MINDS PROGRAM EXPENSES 77,461
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE - THE TALENTED AND GIFTED (TAG) ASSOCIATION SHALL OPERATE EXCLUSIVELY AS A CIVIC, EDUCATIONAL, CHARITABLE, AND BENEVOLENT ORGANIZATION FOR THE BENEFITS OF ITS MEMBERS, LATINO AND MULTILINGUAL YOUTH, AND THE LATINO COMMUNITY IN GENERAL. TAG EXISTS TO ELEVATE THE LATINO COMMUNITY BY PROVIDING AND SUPPORTING PROGRAMMING IN EDUCATION, ARTS, AND CULTURE. FORM 990-EZ, PART III, LINE 28, PROGRAM SERVICE ACCOMPLISHMENTS: EL JOLGORIO NAVIDENO EVENT CELEBRATES LATINO LEADERSHIP AND CONTRIBUTIONS TO THE CITY OF BOSTON AND THE COMMONWEALTH. THE EVENT ALSO ELEVATES LOCAL LATINO ARTISTS, INCLUDING PERFORMERS, VISUAL ARTISTS, ARTISANS, AND VENDORS WHO SUPPORT ARTISTIC PRODUCTIONS. THIS EVENT ALSO PROVIDES OUR ORGANIZATION WITH AN OPPORTUNITY TO RAISE FUNDS TO SUPPORT OUR OTHER PROGRAM INITIATIVES. FORM 990-EZ, PART III, LINE 29, PROGRAM SERVICE ACCOMPLISHMENTS: GREATEST MINDS FISCAL SPONSORSHIP - THE TALENTED AND GIFTED (TAG) ASSOCIATION SERVES AS THE FISCAL SPONSOR FOR ORGANIZATIONS WHICH ARE ELEVATING OUR COMMUNITY SUCH AS GREATEST MINDS LED BY GEORGE CHIP GREENRIDGE. GREATEST MINDS PROVIDES MENTORSHIP, AFTER-SCHOOL AND SUMMER PROGRAMMING TO YOUTH, ENGAGING THEM IN PROGRAMMING, EVENTS, AND LEADERSHIP OPPORTUNITIES.
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