Skip to the page content
Your donations
Passes our checks

Boon Philanthropy Inc

EIN 81-2285654 · Cumberland, RI

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

LegitimacyPassesRegistration and standingFinancial healthGood70 out of 100GovernanceWeak25 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE NATION-WIDE MISSION OF BOON IS TO PROVIDE INNOVATIVE FUNDING AND STEWARDSHIP SOLUTIONS THAT ENABLE DEDICATED EDUCATORS TO HAVE KNOWLEDGE AND SKILLS THEY NEED TO HELP ALL LEARNERS BECOME STRONG READERS. TO RAISE FUNDS NATION-WIDE TO PROVIDE LOW INCOME AND MINORITY STUDENTS WITH FREE TUTORIAL INTERVENTION USING STRUCTURED LANGUAGE INSTRUCTION METHODS.

Income
$140,910
Spending
$319,965
Spent on programs
99%
Reserves
30.3 months of spending
Largest source of income
donations and private grants, 92%
Employees
0

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 70 out of 100. Higher than 35% of charities in its peer group (philanthropy, under $250k).

  • Reserves

    35 of 35

    Spendable reserves would cover 30.3 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 127% of income.

  • Income trend

    0 of 15

    Income fell 77% on the year before.

  • Spending floor

    15 of 15

    99% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 25 out of 100. Higher than 8% of charities in its peer group (philanthropy, under $250k).

  • Independent board

    5 of 25

    0 of 9 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

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

Source: Form 990 for the year ending December 31, 2024, 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 (2)
  1. $192,550 spent. THE BOON DONOR-FUNDED SCHOLARSHIP PROGRAM PROVIDES FUNDING TO TRAIN TEACHERS IN STRUCTURED LANGUAGE INSTRUCTION METHODS BASED ON THE SCIENCE OF READING. BOON'S TRAINING PARTNERS (SCHOLARSHIP PROVIDERS) ARE OGA (ORTON GILLINGHAM ACADEMY); IMSLEC (INTERNATIONAL MULTISENSORY STRUCTURED LANGUAGE EDUCATION COUNCIL);WILSON LANGUAGE TRAINING NONPROFIT PARTNERS, DISTRIBUTED BY DREXEL UNIVERSITY SCHOOL OF EDUCATION; STERN CENTER FOR LANGUAGE AND LEARNING; THE SLINGERLAND INSTITUTE FOR LITERACY: TOP TEN TOOLS; THE READING LEAGUE; KEYS TO LITERACY; READING SIMPLIFIED ACADEMY; AND THE WRITING REVOLUTION. SINCE THIS PROGRAM'S INCEPTION, OVER 750 TEACHERS HAVE RECEIVED FREE OR REDUCED-PRICE TRAINING.
  2. $125,005 spent. PLEDGE LITERACY INTERVENTIONS EXCLUSIVELY EMPLOYS WILSON LEVEL I AND II CERTIFIED READING EXPERTS TO PROVIDE 40 HOURS OF FREE PERSONALIZED READING INTERVENTION SERVICES TO LOW-INCOME AND HISTORICALLY MARGINALIZED STUDENTS FAILING TO READ AT GREADE LEVEL. ALL 68 STUDENTS WHO HVE RECEIVED THIS SERVICE HAVE IMPROVED THEIR READING PERFORMANCE BY AT LEAST ONE GRADE LEVEL.

Source: Form 990 for the year ending December 31, 2024, 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 December 2024.

    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 May 2016.

    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.