Massachusetts LGBT Business Network Inc

Foundation · Grantmaker Boston, MA EIN: 85-0612647

THE CORPORATION IS ORGANIZED FOR CHARITABLE PURPOSES, INCLUDING WITHOUT LIMITATION, TO FOSTER THE GROWTH OF LGBT ENTERPRISES, TO PROVIDE AND FOSTER EDUCATIONAL PROGRAMS AND TRAINING, (SEE SCH 0)

Key facts about Massachusetts LGBT Business Network Inc

EIN
85-0612647
Latest 990 filing
Form 990-EZ, 2025

Data from IRS Form 990-EZ, 2025; updated September 2026.

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Financial Overview

From 2025 IRS Form 990-EZ · View filing

Total Assets

—

-100.0% YoY

Revenue

$48K

-82.4% YoY

Net Investment Income

—

Expenses

$82K

-83.0% YoY

About Massachusetts LGBT Business Network Inc

Based on IRS filings

Massachusetts LGBT Business Network Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. IRS filing data is available from 2021 through 2025.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Cities

Boston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K20212022202320242025
Metric202520242023
Total Assets—$54,333$264,494
Revenue$47,563$271,000$546,098
Expenses$82,101$484,161$298,096
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-EZ for fiscal year 2021 (received by the IRS April 1, 2023)
  2. Updated Form 990-EZ for fiscal year 2022 (received by the IRS October 1, 2024)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS October 1, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
  5. Added Form 990-EZ for fiscal year 2025 (received by the IRS May 15, 2026)

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants20210 grants20221 grants20231 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

2 grants across all recorded years

<$50K$50–100K$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Leadership & Key People

Officers and directors from IRS filings

Massachusetts LGBT Business Network Inc is led by Grace Moreno, CEO since 2024 (on filings since 2021); none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Grace Moreno

    CEO

    CEO → CEO & Director, 2023

    CEO & Director → CEO, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Josiane Martiez

    President

    President → President & Director, 2023

    President & Director → President, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Malia C. Lazu

    Director

    Member → Director, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

  • Nancy Stager

    Director

    Member → Director, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jennifer Pinck

    Clerk

    Secretary → Clerk & Director, 2023

    Clerk & Director → Clerk, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Manassah Bradley

    Treasurer

    Treasurer → Treasurer & Director, 2023

    Treasurer & Director → Treasurer, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Massachusetts LGBT Business Network Inc?

Massachusetts LGBT Business Network Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. It holds — in total assets as of 2025.

Where does Massachusetts LGBT Business Network Inc operate?

Massachusetts LGBT Business Network Inc has awarded grants in Massachusetts.

What is Massachusetts LGBT Business Network Inc's EIN?

Massachusetts LGBT Business Network Inc's EIN (Employer Identification Number) is 85-0612647. IRS Form 990 filing data is available on this page for 2021–2025.

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Data last updated September 2026. Sourced from IRS Form 990 filings.

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