Form 990 for tax year 2022

Totals

Total revenue

$2,686,402

Total expenses

$2,722,067

Contributions and grants received

$2,600,390

Grants paid

$666,478

Program service revenue

$48,535

Investment income

$47,914

Other revenue

-$10,437

Total assets, end of year

$2,470,252

Total liabilities, end of year

$45,494

Net assets or fund balances, end of year

$2,424,758

Program services expenses (Part IX)

$2,401,775

Management and general expenses

$110,171

Fundraising expenses

$210,121

Program service expenses (Part III)

$2,401,775

Program services were 88.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2022

• THE ONE FAMILY SCHOLARS PROGRAM PROVIDES COACHING AND SCHOLARSHIPS TO SINGLE PARENTS ATTENDING COLLEGE IN MASSACHUSETTS. ALL 112 STUDENT-PARENTS SERVED IN FY23 WERE EXPERIENCING OR AT RISK OF HOMELESSNESS. IN THE PROGRAM, ONE-ON-ONE COACHING SESSIONS HELP PARENTS ALIGN THEIR EDUCATION AND CAREER PLANS, ACCESS RESOURCES, AND OVERCOME OBSTACLES. PARENTS ALSO RECEIVE FINANCIAL AID TO HELP COVER DIRECT COSTS OF COLLEGE (TUITION, FEES, BOOKS, TECHNOLOGY) AS WELL AS INDIRECT COSTS (TRANSPORTATION, CHILDCARE, LIVING EXPENSES). AS A RESULT, ONE FAMILY SCHOLARS GRADUATE COLLEGE AT AN ASTONISHING RATE OF 75%, COMPARED TO 54% FOR ALL UNDERGRADUATES NATIONWIDE, AND ONLY 8% FOR SINGLE MOTHERS.

  Expenses $926,415 · Grants $616,831

• CREDENTIAL TO CAREER COACHING IS AN INTENSIVE 15-MONTH PROGRAM THAT HELPS UNEMPLOYED AND UNDER-EMPLOYED PARENTS ACCESS CAREER PATHS THAT WILL FULLY SUPPORT THEIR FAMILIES. THE PROGRAM COMBINES GROUP WORKSHOPS (TO CONVEY FOUNDATIONAL INFORMATION ON EDUCATION AND CAREER PATHS) AND ONE-ON-ONE COACHING (TO CRAFT EACH PARENT'S INDIVIDUALIZED PLAN). BY THE END OF THE PROGRAM, EACH PARTICIPANT HAS A STEP-BY-STEP ACTION PLAN TO REACH THEIR EDUCATION, CAREER, AND EARNINGS GOALS. IN FY23 WE SERVED 202 PARTICIPANTS, AND THOSE WHO SECURE NEW JOBS THROUGH THE PROGRAM SAW AN AVERAGE SALARY INCREASE OF $21,312.

  Expenses $686,507 · Grants $43,546

• FAMILY SELF-SUFFICIENCY IS A VOLUNTARY PROGRAM THAT HELPS FAMILIES WITH FEDERALLY SUBSIDIZED HOUSING INCREASE THEIR EARNINGS AND BUILD ASSETS. ONE FAMILY IS PARTNERING WITH METRO HOUSING|BOSTON TO DELIVER FAMILY SELF-SUFFICIENCY SERVICES TO FAMILIES WITH "SECTION 8" HOUSING VOUCHERS IN GREATER BOSTON, SERVING OVER 260 FAMILIES IN FY23. THE PROGRAM HAS A FINANCIAL INCENTIVE IN THE FORM OF AN ESCROW SAVINGS ACCOUNT, AND A COACHING COMPONENT DESIGNED TO HELP PARTICIPANTS ACCESS SERVICES AND OVERCOME BARRIERS ON THE WAY TO ACHIEVING THEIR EDUCATION, CAREER, AND FINANCIAL GOALS.

  Expenses $512,791 · Grants $4,312

• THROUGH OUR PUBLIC POLICY ADVOCACY, ONE FAMILY AMPLIFIES THE VOICES OF THE FAMILIES WE SERVE TO CATALYZE SYSTEMIC CHANGE. WE ADVOCATE FOR POLICIES AND RESOURCES TO SUPPORT FAMILIES EXPERIENCING OR AT RISK OF HOMELESSNESS ON THEIR JOURNEYS TOWARDS GREATER SELF-SUFFICIENCY, WITH A PARTICULAR FOCUS ON PREVENTING FAMILY HOMELESSNESS BEFORE IT OCCURS. ONE FAMILY PROGRAM PARTICIPANTS, ALUMNI, BOARD MEMBERS, STAFF, AND SUPPORTERS ENGAGE DIRECTLY WITH POLICYMAKERS TO ADVANCE THESE ADVOCACY GOALS. THESE EFFORTS ARE SPEARHEADED BY ONE FAMILY'S ADVOCACY TEAM - A GROUP CURRENT AND FORMER ONE FAMILY PROGRAM PARTICIPANTS WHO SHARE THEIR LIVED EXPERIENCES TO ADVOCATE FOR CHANGE.

  Expenses $276,062 · Grants $1,789

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2022

Filed

12 November 2023

IRS schema version

2022v5.0

Source object

202323179349303187

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