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Nonprofits›Flare Education

Education

Flare Education

BOSTON, MA

Website

Total revenue

$1.0M

Total expenses

$970K

Net assets

$289K

Grants received

$1.2M

31 grants

EIN

871145016

Tax year

2023

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.

Programs

2 programs

Provide 1-on-1 professional mentorship for students involved in the program.

Expenses: $55K

Hosting community events like field trips, networking events, and meet-and-greets for students involved in the program.

Expenses: $164K

Financials

FY 2023

Revenue

Contributions & grants$1.0M

Program service revenue—

Investment income—

Other revenue—

Total revenue$1.0M

Expenses

Grants paid—

Salaries & benefits$389K

Fundraising$14K

Other expenses$581K

Total expenses$970K

Total assets$1.0M

Net assets$289K

People

21 listed

NameRoleCompensation

AJIT VAKHARIA

PRESIDENT AND CEO

Board

—

80 hrs/wk

BASIL CLEVELAND

BOARD DIRECTOR

Board

—

2.5 hrs/wk

DAN CHU

BOARD DIRECTOR

Board

—

2.5 hrs/wk

ED VILANDRIE

BOARD DIRECTOR

Board

—

2.5 hrs/wk

ERIN SAWYER

BOARD DIRECTOR

Board

—

2.5 hrs/wk

GAUGARIN OLIVER

BOARD DIRECTOR

Board

—

2.5 hrs/wk

JAYASHREE MAHAJAN

BOARD VICE-TREASURER

Board

—

2.5 hrs/wk

JILL MONGEAU GAINES

EXECUTIVE DIRECTOR AND CHI

Board

—

40 hrs/wk

KEVIN MCCASKILL

BOARD DIRECTOR

Board

—

2.5 hrs/wk

LORENNA BUCK

BOARD DIRECTOR

Board

—

2.5 hrs/wk

MANISH KUMAR

BOARD DIRECTOR

Board

—

2.5 hrs/wk

MANU DAFTARY

BOARD TREASURER

Board

—

2.5 hrs/wk

MARCO BUCHBINDER

BOARD DIRECTOR

Board

—

2.5 hrs/wk

NADIA SHELBY

BOARD DIRECTOR

Board

—

2.5 hrs/wk

RICHARD CHANGE

BOARD DIRECTOR

Board

—

2.5 hrs/wk

SHAILAH STEWART

BOARD DIRECTOR

Board

—

2.5 hrs/wk

SINDURA RAVICHANDRAN

BOARD CLERK

Board

—

2.5 hrs/wk

STEFAN BEWLEY

BOARD DIRECTOR

Board

—

2.5 hrs/wk

TRAVIS KELLER

BOARD DIRECTOR

Board

—

2.5 hrs/wk

CHRIS GARABEDIAN

BOARD DIRECTOR

Board

—

2.5 hrs/wk

PANKAJ SHARMA

BOARD DIRECTOR

Board

—

2.5 hrs/wk

Grants received

Showing 31 of 31

FromAmountPurposeYear

MASSACHUSETTS HIGHER EDUCATION

$100K

WORK-BASED LEARNING

2024

PDB FOUNDATION

$50K

EDUCATON

2024

Madavi and Gaugarin Oliver Foundation

$20K

General & Unrestricted

2024

THE RHODE ISLAND COMMUNITY FOUNDATION

$10K

EDU - EDUCATIONAL SUCCESS (PRIMARY)

2024

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$148K

For grant recipient's exempt purposes

2023

MASSACHUSETTS HIGHER EDUCATION

$100K

WORK-BASED LEARNING

2023

PDB FOUNDATION

$100K

EDUCATON

2023

LIBERTY MUTUAL FOUNDATION INC

$40K

COHORT 3 & 4 EXPANSION (2-YEAR 2023 AND 2024 SUPPORT)

2023

LIBERTY MUTUAL FOUNDATION INC

$40K

COHORT 3 & 4 EXPANSION (2-YEAR 2023 AND 2024 SUPPORT)

2023

CHARITIES AID FOUNDATION AMERICA

$40K

CHARITABLE DONATION

2023

AMERICAN ONLINE GIVING FOUNDATION INC

$35K

GENERAL SUPPORT

2023

THE JOHN H AND H NAOMI TOMFOHRDE

$25K

FOR COHORT 3 EXPANSION

2023

DONOR ADVISED CHARITABLE GIVING INC

$25K

EDUCATION

2023

Boston Foundation Inc

$20K

Youth Development

2023

VANGUARD CHARITABLE ENDOWMENT PROGRAM

$20K

FOR RECIPIENT'S EXEMPT PURPOSE

2023

Madavi and Gaugarin Oliver Foundation

$15K

General & Unrestricted

2023

FRANK R PETERS TRUST

$10K

UNRESTRICTED GENERAL

2023

Boston Foundation Inc

$7K

Operating Support/Annual Fund

2023

THE ALLSTATE FOUNDATION

$5K

COHORT 3 EXPANSION

2023

Sahai Family Foundation Inc

$1K

Underprivileged high education and career preparation

2023

MASSACHUSETTS HIGHER EDUCATION

$100K

WORK-BASED LEARNING

2022

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$86K

For grant recipient's exempt purposes

2022

LIBERTY MUTUAL FOUNDATION INC

$40K

FLARE EDUCATION COHORT 3 EXPANSION

2022

DONOR ADVISED CHARITABLE GIVING INC

$25K

EDUCATION

2022

PDB FOUNDATION

$25K

EDUCATON

2022

PTC FOUNDATION INC

$25K

TO SUPPORT MISSION TO TACKLE GENERATIONAL POVERTY THROUGH HIGH SCHOOL WORKFORCE DEVELOPMENT. IT PROVIDES STUDENTS WITH AN EXPANSIVE VIEW OF THE WORKFORCE BY THE TIME THEY LEAVE HIGH SCHOOL AND HELPS THEM IDENTIFY SPECIFIC CAREER PATHWAYS ALIGNED TO THEIR PROFESSIONAL VALUES, GOALS, AND SKILLS.

2022

CHARITIES AID FOUNDATION AMERICA

$20K

CHARITABLE DONATION

2022

Madavi and Gaugarin Oliver Foundation

$15K

General & Unrestricted

2022

LIBERTY MUTUAL FOUNDATION INC

$5K

2022 INFLATION RECOGNITION GRANTS