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Nonprofiteer
← ONE FAMILY INC

Form 990 for tax year 2024

Filed by ONE FAMILY INC.

Totals

Total revenue
$2,582,914
Total expenses
$2,699,129
Contributions and grants received
$2,487,028
Grants paid
$610,412
Program service revenue
$2,883
Investment income
$102,163
Other revenue
-$9,160
Total assets, end of year
$2,531,428
Total liabilities, end of year
$88,397
Net assets or fund balances, end of year
$2,443,031
Program services expenses (Part IX)
$2,125,369
Management and general expenses
$133,304
Fundraising expenses
$440,456
Program service expenses (Part III)
$2,125,369

Program services were 78.7% 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.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $116,421

  • 1e · Government grants (contributions)

    $1,208,468

  • 1f · All other contributions, gifts and grants

    $1,162,139

  • 2a · Program service revenue: CONTRACT SERVICE FEES

    total $2,883 · related or exempt $2,883

  • 3 · Investment income

    total $69,335 · excluded $69,335

  • 7a · Gross sales of assets other than inventory

    securities $32,828

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $32,828

  • 7d · Net gain or loss

    total $32,828 · excluded $32,828

  • 8a · Fundraising events: gross income

    $6,220

  • 8a · Fundraising events: contributions included on line 1c

    $116,421

  • 8b · Fundraising events: direct expenses

    $15,380

  • 8c · Net income from fundraising events

    total -$9,160 · excluded -$9,160

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $610,412 · program services $610,412

  • 5 · Compensation of officers, directors and key employees

    total $255,126 · program services $153,076 · management and general $51,025 · fundraising $51,025

  • 7 · Other salaries and wages

    total $1,258,288 · program services $1,038,772 · management and general $2,952 · fundraising $216,564

  • 9 · Other employee benefits

    total $138,955 · program services $110,149 · management and general $4,588 · fundraising $24,218

  • 10 · Payroll taxes

    total $134,499 · program services $109,316 · management and general $4,514 · fundraising $20,669

  • 11b · Fees: legal

    total $4,603 · management and general $4,603

  • 11c · Fees: accounting

    total $23,003 · management and general $23,003

  • 11g · Fees: other

    total $103,041 · program services $7,449 · management and general $22,230 · fundraising $73,362

  • 13 · Office expenses

    total $2,533 · program services $1,537 · management and general $408 · fundraising $588

  • 14 · Information technology

    total $49,949 · program services $39,293 · management and general $5,563 · fundraising $5,093

  • 16 · Occupancy

    total $43,039 · program services $35,349 · management and general $1,378 · fundraising $6,312

  • 17 · Travel

    total $11,514 · program services $6,892 · management and general $4,269 · fundraising $353

  • 19 · Conferences, conventions and meetings

    total $8,243 · program services $1,562 · management and general $5,020 · fundraising $1,661

  • 23 · Insurance

    total $7,682 · program services $6,066 · management and general $255 · fundraising $1,361

  • 24a · Other expenses: RECRUITMENT EXPENSES

    total $39,440 · program services $1,125 · fundraising $38,315

  • 24b · Other expenses: STAFF DEVELOPMENT

    total $8,861 · program services $4,151 · management and general $3,775 · fundraising $935

  • 24c · Other expenses: OTHER EXPENSES

    total -$59 · program services $220 · management and general -$279

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $258,658 · end of year $214,773

  • 3 · Pledges and grants receivable

    beginning of year $276,756 · end of year $439,016

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,577 · end of year $11,877

  • 11 · Investments: publicly traded securities

    beginning of year $2,043,603 · end of year $1,865,762

  • 17 · Accounts payable and accrued expenses

    beginning of year $65,186 · end of year $88,397

  • 27 · Net assets without donor restrictions

    beginning of year $2,268,237 · end of year $2,273,031

  • 28 · Net assets with donor restrictions

    beginning of year $249,171 · end of year $170,000

Mission and programs · 2024

Mission

ONE FAMILY PREVENTS FAMILY HOMELESSNESS IN MASSACHUSETTS BY PROMOTING PATHWAYS TO ECONOMIC INDEPENDENCE. OUR PROGRAMS AND ADVOCACY HELP PARENTS TO ACCESS EDUCATION AND CAREERS, OBTAIN SECURE HOUSING, AND BUILD ASSETS FOR THE FUTURE.

Activities or mission (Part I)

ONE FAMILY'S OVERARCHING GOAL IS TO FIND PERMANENT SOLUTIONS TO FAMILY HOMELESSNESS IN MASSACHUSETTS.

  • THE ONE FAMILY SCHOLARS PROGRAM PROVIDES COACHING AND SCHOLARSHIPS TO SINGLE PARENTS WITH LOW INCOMES ATTENDING COLLEGE IN MASSACHUSETTS. ALL 127 STUDENT-PARENTS SERVED IN FY25 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, IN FY25 ONE FAMILY SCHOLARS GRADUATED COLLEGE AT AN ASTONISHING RATE OF 89%, COMPARED TO 54% FOR ALL UNDERGRADUATES NATIONWIDE, AND ONLY 8% FOR SINGLE MOTHERS.

    Expenses $961,077 · Grants $583,959

  • 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 FY25 WE SERVED 80 PARTICIPANTS, AND THOSE WHO SECURED NEW JOBS THROUGH THE PROGRAM SAW AN AVERAGE SALARY INCREASE OF $32,194.

    Expenses $326,703 · Grants $11,139

  • FAMILY SELF-SUFFICIENCY IS A VOLUNTARY PROGRAM THAT SUPPORTS FAMILIES IN FEDERALLY SUBSIDIZED HOUSING TO INCREASE THEIR INCOME AND BUILD ASSETS. ONE FAMILY PARTNERS WITH METRO HOUSING|BOSTON TO PROVIDE THESE SERVICES TO GREATER BOSTON FAMILIES WITH HOUSING CHOICE VOUCHERS. IN FY25, THE PROGRAM SERVED 284 FAMILIES. PARTICIPANTS BENEFIT FROM BOTH FINANCIAL INCENTIVES, AN ESCROW SAVINGS ACCOUNT AVERAGING $3,143 PER PARTICIPANT IN FY25 AND PERSONALIZED COACHING TO HELP THEM ACCESS RESOURCES, OVERCOME BARRIERS, AND ACHIEVE THEIR EDUCATION, CAREER, AND FINANCIAL GOALS.

    Expenses $538,099 · Grants $7,577

  • 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 OF CURRENT AND FORMER ONE FAMILY PROGRAM PARTICIPANTS WHO SHARE THEIR LIVED EXPERIENCES TO ADVOCATE FOR CHANGE.

    Expenses $299,490 · Grants $7,737

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Barbara Marchetti

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Adam H Rogers MD

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Elliot Herman

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Carolyn Miller

    SECRETARY

    Total calculated
    $65,042
    From this org
    $56,131
    From related orgs
    $0
    Other
    $8,911
    Hours/week
    2
  • Ivette Arias

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Doug Baumoel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Frank Carpenito

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Gerald McCarthy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jameel Moore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Michael Simons

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Valerie Paric

    EXEC DIRECTOR (EX-OFFICIO)

    Total calculated
    $190,084
    From this org
    $176,500
    From related orgs
    $0
    Other
    $13,584
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,500
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $13,584
    Filer's total
    $190,084

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

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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
2024
Filed
7 November 2025
IRS schema version
2024v5.2
Source object
202513149349303341

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