Flare Education Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 871145016 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Flare Education Inc?

Flare Education Inc is a Boston-based nonprofit organization located at 56 Warren St 200, Massachusetts. Their primary mission is to foster career growth and personal development among underprivileged high school students. They achieve this by collaborating with local schools, community organizations, and companies to offer paid summer capstone projects. These projects not only allow students to gain practical experience but also help them build essential skills, expand their social networks, and enhance their financial literacy. The goal is to equip the students with the necessary tools to secure jobs offering an annual income of $60,000 or more upon completion of the program. The organization currently employs a team of two individuals.


Official website here: www.flare-education.org

Is Flare Education Inc legitimate?

Flare Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flare Education Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,042

For more financial information, click here


Official website here: www.flare-education.org

What is the mission statement of Flare Education Inc?

Flare Education Inc's mission is centered around collaborating with high schools, community organizations, and businesses to establish local partnerships. Their primary goal is to offer underprivileged high school students paid, meaningful summer capstone projects that focus on building essential skills, expanding their social network, and enhancing their financial literacy. The organization aims to ensure that the alumni of these programs secure jobs with an annual income of $60,000 or above.


Official website here: www.flare-education.org

Who is the CEO of Flare Education Inc?

Ajit Vakharia is the President And Ceo of Flare Education Inc. The CEO's salary of Flare Education Inc is $0 and their total compensation is $0.


Official website here: www.flare-education.org

What is the revenue of Flare Education Inc?

Flare Education Inc's revenue in 2022 was $534,260.


Official website here: www.flare-education.org

Who are the executives of Flare Education Inc and what are their salaries?

The average compensation at Flare Education Inc during 2022 was $88,021. There are 2 employees at Flare Education Inc.


Here are 19 key members and their salaries (Flare Education Inc's CEO's salary is $0 and their total compensation is $0):


Ajit Vakharia (President And Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Mongeau Gaines (Executive Director And Chief Of Staff)
  • Compensation: $120,000
  • Related: $0
  • Other: $0
Manu Daftary (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jayashree Mahajan (Board Vice-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sindura Ravichandran (Board Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Keller (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gaugarin Oliver (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Chu (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manish Kumar (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefan Bewley (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Sawyer (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadia Shelby (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shailah Stewart (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Change (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mccaskill (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Basil Cleveland (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Vilandrie (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorenna Buck (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marco Buchbinder (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.flare-education.org

Where can I find the form 990 for Flare Education Inc?

Flare Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.flare-education.org

Learn more at the official website: www.flare-education.org

Mission Statement of Flare Education Inc

Flare Education Inc, a nonprofit organization, is dedicated to forging collaborations with high schools, community organizations, and businesses. Its primary objective is to offer underprivileged high school students paid, meaningful summer projects that align with their interests and values. The organization's mission is to equip these students with essential skills, foster social connections, and enhance their financial literacy. By doing so, Flare Education Inc aims to ensure that its alumni secure jobs with an annual income of $60,000 or more, thereby improving their overall financial stability.

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Impact




July, 2024

Flare Education Inc partners with high schools, community organizations, and companies to provide under-resourced high school students in Boston, MA, with valuable summer capstone projects. These projects offer students paid opportunities for hands-on learning and skill development in a professional setting. Additionally, the organization offers career exposure, skill-building sessions, and socio-emotional development training to program participants. Through community events like field trips, networking opportunities, and meet-and-greets, Flare Education creates a supportive environment for students to thrive and succeed in their academic and professional pursuits.




This information is meant to be a general summary of Flare Education Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$534,260 (2022)
Expenses
$397,790 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $534,260

Assets and Liabilities:

  • Total Assets: $243,851
  • Total Liabilities: $13,245
  • Net Assets: $230,606

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Organization Details

Founding Year

2021

Principal Officer

Ajit Vakharia

Main Address

56 Warren St 200, Boston, MA, 02119

NTEE Category

Code: B90 - Education

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