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Massachusetts · Nonprofit

TUGG CORP

TUGG CORP (Massachusetts) receives grants from 6 organizations whose IRS filings report $130,164 to it, the largest being Boston Foundation Inc ($67,000). 2 of them have funded it in more than one year, and 96% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$195k
Funders on record
6
Grants received
$130k
Net assets
$-3355
2/6 repeat funderspeak grant-dependency 17%
01What it does

What Tugg Corp does

Mission

Innovative funding around entrepreneurship, education, and life experiences

As stated on its FY2024 Form 990.

Programs

  1. In 2024, TUGG continued its focus on direct giving through TINT. TINT provides individuals $25,000, paid out monthly over the course of 2 years, as well as a coach from Boston's founder and tech community. In total, TUGG funded $172,998 in scholarships across 14 participants and provided total giving to individuals of $186,496. TINT scholarships and funds are used by recipients to support living expenses while recipients pursue educational, entrepreneurial, or other life experiences.

    $194,608 spentof which $172,998 as grants
    100% of program spending
  2. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $194,608.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($391k) Expenses 100 ($390k) Net assets -22 ($-32828)2018 Revenue 81 ($316k) Expenses 34 ($131k) Net assets 100 ($152k)2019 Revenue 78 ($304k) Expenses 70 ($274k) Net assets 120 ($182k)2020 Revenue 59 ($229k) Expenses 101 ($394k) Net assets 11 ($17k)2021 Revenue 70 ($273k) Expenses 53 ($208k) Net assets 57 ($86k)2022 Revenue 24 ($94k) Expenses 42 ($163k) Net assets 12 ($18k)2023 Revenue 46 ($178k) Expenses 49 ($190k) Net assets 4 ($6k)2024 Revenue 50 ($195k) Expenses 52 ($204k) Net assets -2 ($-3355)
'17'18'19'20'21'22'23'24
Revenue (50)Expenses (52)Net assets (-2)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $24k to $203k (+737%).

$24k
$203k
$203k
$25k
$90k
$21k
$11k
$10k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of TUGG CORP’s revenue is contributions — more reliant on donations than three-quarters of its peers (87% for the typical peer).

This organization
Typical peer · 7,828 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$1k
’17
$185k
’18
$30k
’19
−$165k
’20
$65k
’21
−$69k
’22
−$12k
’23
−$9k
’24
0.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

The chief executive listed changed between the FY2018 and FY2019 filings.

'17'18'19'20'21'22'23'24
Listed66554333
Joined·+2+0+2+2+0+0+1
No longer listed·2123101
03Who funds it

Who funds it, year by year

2017 → 2020: the base narrowed from 4 funders to 1 funder, grant income fell $65k → $5k.

4 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 96% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of TUGG CORP’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TUGG CORP leans on a few funders — its largest provides 51% of grant income and the top three 90%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

96% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TUGG CORP.

51%
largest funder
90%
top three
~3
effective funders

Largest funder’s share by year: 2017 39% · 2018 100% · 2019 51% · 2020 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

96% of TUGG CORP's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $5k that is directly attributable, 99% of it comes from Massachusetts funders.

MA
CA

In-state vs out-of-state, by year

’18
’20
Massachusetts out of state home

Funder states come from each funder’s own filing. $125k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TUGG CORP's revenue fell 50% between 2017 and 2024.

Operating margin−5% · below the median
Months of reserve0.6mo · bottom quartile
Revenue growth (annualized)−9% · bottom quartile

this organization peer median middle 50% of peers· 7,117 philanthropy nonprofits $100k–$1M, FY2024

Government funding TUGG CORP receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3k on record.

State$3k
16
19
By state
  • MA$3k
  • NJ$312

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like TUGG CORP

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for TUGG CORP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TUGG CORP?
TUGG CORP (Massachusetts) receives grants from 6 organizations whose IRS filings report $130,164 to it, the largest being Boston Foundation Inc ($67,000). 2 of them have funded it in more than one year, and 96% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does TUGG CORP have?
IRS filings report 6 organizations giving $130,164 in grants to TUGG CORP, 2 of which have funded it in more than one year.
Who is the largest funder of TUGG CORP?
Boston Foundation Inc is the largest funder on record, with $67,000 in grants. The full list of funders is on this page.
How can an organization like TUGG CORP find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing