Civic Intelligence

The 221B Foundation

EIN 85-2835141 • 501(c)3 • Watertown, MA

Profile

The 221b Foundation (the 'Foundation') was a charitable and scientific organization established for the purposes of eradicating disease through research related to rapid diagnostic testing. The Foundation also devoted time and resources to supporting and promoting racial and gender diversity in science, technology, engineering, and mathematics ('STEM') industries.

200 Talcott AvenueWatertown, MA 02472

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 2025

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2025

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $30,611 (-100%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$0

Down $30,611 (-100%) from 2022

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $473 (-100%) from 2022

Expenses

Up

$28,228

Up $28,004 (+12502%) from 2022

Net Income

Down

-$28,228

Down $28,477 (-11437%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$80K$60K$40K$20K$0Assets 2020: $63,277Liabilities 2020: $02020Assets 2021: $30,362Liabilities 2021: $0Net Assets 2021: $30,3622021Assets 2022: $30,611Liabilities 2022: $0Net Assets 2022: $30,6112022Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2025

Assets$0
Liabilities$0
Net Assets$0
Open 2025 Filing

Operations Trend

Revenue Growth3rd percentile

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

$100K$50K$0-$50KRevenue 2020: $100,000Expenses 2020: $36,723Net Income 2020: $63,2772020Revenue 2021: $10,000Expenses 2021: $42,915Net Income 2021: -$32,9152021Revenue 2022: $473Expenses 2022: $224Net Income 2022: $2492022Revenue 2025: $0Expenses 2025: $28,228Net Income 2025: -$28,2282025

Highlighted filing

2025

Revenue$0
Expenses$28,228
Net Income-$28,228
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$28,228
Net income
-$28,228
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.28$0.28
2022Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.10$0.43$0.33
2020Summary only. Only limited summary data is available for this year.$0.63$0.00$1.00$0.37$0.63
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to May 31, 2025
Signed
Jul 3, 2025
Return Version
2024v5.2
Gross Receipts
$0
Mission and Program Overview

Mission

The 221b Foundation (the 'Foundation') is a charitable and scientific organization established for the purposes of eradicating disease through research related to rapid diagnostic testing. The Foundation will also devote time and resources to supporting and promoting racial and gender diversity in science, technology, engineering, and mathematics ('STEM') industries.

The 221b Foundation (the 'Foundation') was a charitable and scientific organization established for the purposes of eradicating disease through research related to rapid diagnostic testing. The Foundation also devoted time and resources to supporting and promoting racial and gender diversity in science, technology, engineering, and mathematics ('STEM') industries.

Program Services

DescriptionGrantsExpenses
The period covered by this tax return was the Organization's final tax year. During its year of dissolution, the Foundation donated the majority of its remaining net assets to the Boston Children's Hospital in furtherance of its charitable missino to eradicate disease and to improve medical sciences.$21,301$21,301
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bryan DechairoPresident & CEO-$0--
James ScavoneTreasurer & Secretary-$0--
Pardis SabetiDirector-$0--
Filing and Contact Details

Filer

Filer Name
The 221B Foundation
EIN
85-2835141
Phone
6173656144
Address
200 Talcott Avenue, Watertown, MA 02472

Signing Officer

Name
James Scavone
Title
Treasurer & Secretary
Phone
6173656144
Signed
2025-07-03
Discuss with paid preparer
Yes

Preparer

Firm
Baker Newman & Noyes
Address
PO Box 507, Portland, ME 04112
Preparer
Connor Smart
Phone
2078792100
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity Classification: Cash Grant. Grantee Name: Children's Hospital Corporation. Grantee Address: 300 Longwood Avenue Boston, MA 02115. Grantee Relationship: N/A. Property Description: Cash. Date of Gift: 05/31/25. Amount Given: 21,301.”

Form 990-EZ, Part V, Line 33

“During the period covered by this Form 990-EZ, the Foundation ceased all operations and filed Articles of Dissolution to formally terminate as a separate, legal entity. The Foundation distributed or intends to distribute any remaining net assets to the Boston Children's Hospital upon the completion of all final wind-down procedures. Accordingly, this Form 990-EZ tax return has been designated as "Final."”

Raw XML Appendix159 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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IRS990EZ/BooksInCareOfDetail/PhoneNum06173656144
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 Talcott Avenue
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Watertown
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Bryan Dechairo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1James Scavone
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Pardis Sabeti
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The 221b Foundation (the 'Foundation') was a charitable and scientific organization established for the purposes of eradicating disease through research related to rapid diagnostic testing. The Foundation also devoted time and resources to supporting and promoting racial and gender diversity in science, technology, engineering, and mathematics ('STEM') industries.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The period covered by this tax return was the Organization's final tax year. During its year of dissolution, the Foundation donated the majority of its remaining net assets to the Boston Children's Hospital in furtherance of its charitable missino to eradicate disease and to improve medical sciences.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt021301
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt021301
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd1MA
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Foundation dissolved in May, 2025. Accordingly, the Foundation's 2024 column on Schedule A, Part II, Public Support Test for Section 170(b)(1)(A)(vi) public charities reflects both the Foundation's final tax year and a short tax year.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Form 990, Schedule A, Part II, Short Year:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0473
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0110473
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92520
IRS990ScheduleA/PublicSupportPY170Pct00.92520
IRS990ScheduleA/PublicSupportTotal170Amt0102209
IRS990ScheduleA/SubstantialContributorsTotAmt08264
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0473
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0110473
IRS990ScheduleA/TotalSupportAmt0110473
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
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IRS990ScheduleN/LiabilitiesPaidInd01
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0Children's Hospital Corp
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02025-05-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0042774441
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt021301
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0Fair Market Value
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0300 Longwood Avenue
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Boston
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd002115
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0In 2024, the Board of The 221B Foundation ("221B") approved and certified a unanimous written consent to wind-down and dissolve the Organization. Pursuant to this agreement, 221B filed Articles of Dissolution with the Delaware Secretary of State and the Massachusetts Attorney General in May 2025, and completed all remaining administrative wind-down procedures as of May 31, 2025.Through its wind-down and cessation of operations, 221b continued to pursue its exempt mission and charitable services until all net assets were exhausted. With the exception of some expenditures to settle nominal dissolution obligations and final administrative costs, the majority of net assets were donated to the Boston Children's Hospital upon the termination of the Foundation.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule N, Part I, Line 1:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Classification: Cash Grant. Grantee Name: Children's Hospital Corporation. Grantee Address: 300 Longwood Avenue Boston, MA 02115. Grantee Relationship: N/A. Property Description: Cash. Date of Gift: 05/31/25. Amount Given: 21,301.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1During the period covered by this Form 990-EZ, the Foundation ceased all operations and filed Articles of Dissolution to formally terminate as a separate, legal entity. The Foundation distributed or intends to distribute any remaining net assets to the Boston Children's Hospital upon the completion of all final wind-down procedures. Accordingly, this Form 990-EZ tax return has been designated as "Final."
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part V, Line 33
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0James Scavone
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer & Secretary
ReturnHeader/BusinessOfficerGrp/PhoneNum06173656144
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The 221B Foundation
ReturnHeader/Filer/BusinessNameControlTxt0221B
ReturnHeader/Filer/EIN0852835141
ReturnHeader/Filer/PhoneNum06173656144
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 Talcott Avenue
ReturnHeader/Filer/USAddress/CityNm0Watertown
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002472
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010494526
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Baker Newman & Noyes
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 507
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Portland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004112
ReturnHeader/PreparerPersonGrp/PhoneNum02078792100
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Connor Smart
ReturnHeader/ReturnTs02025-07-14T07:26:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-05-31
ReturnHeader/TaxYr02024

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