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Shed Inc

EIN 04-2898472 · Andover, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO BUILD RELATIONSHIPS WITH FAMILIES AND THE COMMUNITY THROUGH THE CREATION OF AN AFFIRMING AND EMPOWERING CLIMATE WHERE CHILDREN LEARN TO USE THEIR IMAGINATIONS AND THINKING SKILLS TO FOSTER CREATIVITY AND LEARNING

Income
$5.0 million
Spending
$3.8 million
Spent on programs
83%
Reserves
24.3 months of spending
Largest source of income
fees for its services, 88%
Employees
98
Volunteers
0
Highest pay
$229,683, ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 90% of charities in its peer group (human services, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 24.3 months of spending.

  • Debt

    20 of 20

    It owes 9% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 24% of income.

  • Income trend

    15 of 15

    Income rose 8% on the year before.

  • Spending floor

    15 of 15

    83% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 65% of charities in its peer group (human services, $1m to $10m).

  • Independent board

    25 of 25

    10 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (9)
  1. $817,005 spent. KIDS CLUB BEFORE AND AFTER SCHOOL PROGRAM OFFERS STRUCTURED CARE AND ENRICHMENT DURING OUT-OF-SCHOOL HOURS. REGGIO EMILIA-INSPIRED LEARNING; FOSTERS INDEPENDENCE, RESPONSIBILITY, CONFLICT RESOLUTION, AND DECISION-MAKING SKILLS.
  2. $540,371 spent. SUMMER ADVENTURES PROVIDES A FULL DAY, ENGAGING SUMMER EXPERIENCE ALIGNED WITH SHEDS VALUES OF PLAY, EXPLORATION, AND GROWTH. INCLUDES CLUBS, SPORTS, SWIMMING, FIELD TRIPS, SPECIAL EVENTS, AND OPEN-ENDED PLAY IN A WELL-BALANCED CURRICULUM.
  3. $869,467 spent. MONARCH PRESCHOOL PREPARES CHILDREN FOR KINDERGARTEN THROUGH AND EMERGENT THEMATIC CURRICULUM. INSPIRED BY REGGIO EMILIA APPROACH AND HOWARD GARDNERS THEORY OF MULTIPLE INTELLIGENCES; FOLLOWS CHILDRENS INTERESTS AND PROMOTES MEANINGFUL LEARNING.
  4. $239,068 spent. SPRINGBOARD TO KINDERGARTEN PROGRAM READIES CHILDREN FOR KINDERGARTEN BY SUPPORTING SOCIAL, EMOTIONAL, COGNITIVE, AND PHYSICAL DEVELOPMENT.
  5. $88,322 spent. FOREST KINDERGARTEN PROVIDES A NATURE-IMMERSIVE EARLY LEARNING EXPERIENCE THAT PRIORITIZES EMOTIONAL RESILIENCE AND SOCIAL COLLABORATION.
  6. $595,366 spent. TODDLER PROGRAM INTRODUCES TODDLERS TO COMMUNITY LIFE IN A SAFE, NURTURING ENVIRONMENT.
  7. SPRINGBOARD TO KINDERGARTEN PROGRAM READIES CHILDREN FOR 239068. 0. 348666.
  8. FOREST KINDERGARTEN PROVIDES A NATURE-IMMERSIVE EARLY 88322. 0. 45700.
  9. TODDLER PROGRAM INTRODUCES TODDLERS TO COMMUNITY LIFE 595366. 0. 663702.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 1988.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.