From public IRS filings

FLARE EDUCATION

BOSTON, MA · Education

EIN (Tax ID): 87-1145016Latest Form 990: 2023IRS ruling year: 2021Find their 990 filing →

Mission

THE PURPOSE OF THE ORGANIZATION IS TO WORK WITH HIGH SCHOOLS, COMMUNITY ORGANIZATIONS, AND COMPANIES TO BUILD LOCAL PARTNERSHIPS AND PROVIDE UNDER-RESOURCED HIGH SCHOOL STUDENTS WITH PAID, VALUE-FOCUSED SUMMER CAPSTONE PROJECTS. THE ORGANIZATION HELPS STUDENTS DEVELOP FOUNDATIONAL SKILLS, BUILD SOCIAL CAPITAL, AND IMPROVE THEIR FINANCIAL LITERACY SO THAT THE ALUMNI CAN FIND JOBS WITH GROSS ANNUAL INCOME AT OR ABOVE $60,000.

Financials (IRS Form 990)

Total revenue
$1M
Total expenses
$970K
Total assets
$1M
Program expense ratio
57%

Source: IRS Form 990, tax year 2023.

Who funds FLARE EDUCATION

$1.3M in foundation grants on record from 17 funders — matched from IRS 990 grant line items. Some matches may be approximate.

FunderTotal givenGrants
Massachusetts Higher Education Assistance$300K3
Fidelity Investments Charitable Gift Fund$270K3
Pdb Foundation$175K3
Liberty Mutual Foundation$165K5
Donor Advised Charitable Giving$85K3
Charities Aid Foundation America$59K2
John H and H Naomi Tomfohrde Foundation$50K2
Madavi and Gaugarin Oliver Foundation$50K3
American Online Giving Foundation$35K1
Boston Foundation$27K2

Leadership

AJIT VAKHARIA — PRESIDENT AND CEO (Principal officer)

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