Totals
- Total revenue
- $2,747,748
- Total expenses
- $2,479,062
- Contributions and grants received
- $2,409,510
- Grants paid
- $434,640
- Program service revenue
- $7,089
- Investment income
- $333,764
- Other revenue
- -$2,615
- Total assets, end of year
- $2,582,594
- Total liabilities, end of year
- $65,186
- Net assets or fund balances, end of year
- $2,517,408
- Program services expenses (Part IX)
- $2,064,122
- Management and general expenses
- $125,990
- Fundraising expenses
- $288,950
- Program service expenses (Part III)
- $2,064,122
Program services were 83.3% 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
$182,227
-
1e · Government grants (contributions)
$954,503
-
1f · All other contributions, gifts and grants
$1,272,780
-
2a · Program service revenue: CONTRACT SERVICE FEES
total $7,089 · related or exempt $7,089
-
3 · Investment income
total $81,088 · excluded $81,088
-
7a · Gross sales of assets other than inventory
securities $667,273
-
7b · Less cost or other basis and sales expenses
securities $414,597
-
7c · Gain or loss
securities $252,676
-
7d · Net gain or loss
total $252,676 · excluded $252,676
-
8a · Fundraising events: gross income
$12,300
-
8a · Fundraising events: contributions included on line 1c
$182,227
-
8b · Fundraising events: direct expenses
$14,915
-
8c · Net income from fundraising events
total -$2,615 · excluded -$2,615
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $434,640 · program services $434,640
-
5 · Compensation of officers, directors and key employees
total $233,019 · program services $139,811 · management and general $46,604 · fundraising $46,604
-
7 · Other salaries and wages
total $1,269,109 · program services $1,096,896 · management and general $1,897 · fundraising $170,316
-
9 · Other employee benefits
total $134,374 · program services $111,342 · management and general $940 · fundraising $22,092
-
10 · Payroll taxes
total $135,469 · program services $115,767 · management and general $2,933 · fundraising $16,769
-
11c · Fees: accounting
total $21,350 · management and general $21,350
-
11g · Fees: other
total $62,241 · program services $30,228 · management and general $27,273 · fundraising $4,740
-
13 · Office expenses
total $3,623 · program services $1,948 · management and general $1,432 · fundraising $243
-
14 · Information technology
total $45,980 · program services $32,668 · management and general $3,336 · fundraising $9,976
-
16 · Occupancy
total $90,052 · program services $72,690 · management and general $4,269 · fundraising $13,093
-
17 · Travel
total $13,390 · program services $5,050 · management and general $7,662 · fundraising $678
-
19 · Conferences, conventions and meetings
total $5,735 · program services $2,388 · management and general $2,928 · fundraising $419
-
23 · Insurance
total $7,526 · program services $6,155 · management and general $230 · fundraising $1,141
-
24a · Other expenses: RECRUITMENT EXPENSES
total $15,390 · program services $12,586 · management and general $470 · fundraising $2,334
-
24b · Other expenses: STAFF DEVELOPMENT
total $3,647 · program services $1,569 · management and general $1,571 · fundraising $507
-
24c · Other expenses: OTHER EXPENSES
total $3,517 · program services $384 · management and general $3,095 · fundraising $38
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $244,310 · end of year $258,658
-
3 · Pledges and grants receivable
beginning of year $368,382 · end of year $276,756
-
9 · Prepaid expenses and deferred charges
beginning of year $6,485 · end of year $3,577
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $1,851,075 · end of year $2,043,603
-
17 · Accounts payable and accrued expenses
beginning of year $45,494 · end of year $65,186
-
27 · Net assets without donor restrictions
beginning of year $2,205,587 · end of year $2,268,237
-
28 · Net assets with donor restrictions
beginning of year $219,171 · end of year $249,171
Mission and programs · 2023
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 ATTENDING COLLEGE IN MASSACHUSETTS. ALL 121 STUDENT-PARENTS SERVED IN FY24 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 66% IN FY24/70% AVG FOR THE PAST THREE YEARS, COMPARED TO 54% FOR ALL UNDERGRADUATES NATIONWIDE, AND ONLY 8% FOR SINGLE MOTHERS.
Expenses $841,517 · Grants $416,530
-
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 FY24 WE SERVED 195 PARTICIPANTS, AND THOSE WHO SECURE NEW JOBS THROUGH THE PROGRAM SAW AN AVERAGE SALARY INCREASE OF $21,907.
Expenses $392,076 · Grants $7,692
-
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 312 FAMILIES IN FY24. THE PROGRAM HAS A FINANCIAL INCENTIVE IN THE FORM OF AN ESCROW SAVINGS ACCOUNT ($3,365.81 ON AVERAGE SAVED PER PARTICIPANT IN FY24), 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 $551,170 · Grants $5,663
-
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 $279,359 · Grants $4,755
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Barbara MarchettiBARBARA MARCHETTI
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Adam H Rogers MDADAM H ROGERS MD
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Elliot HermanELLIOT HERMAN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Carolyn MillerCAROLYN MILLER
SECRETARY
- Total calculated
- $53,531
- From this org
- $53,257
- From related orgs
- $0
- Other
- $274
- Hours/week
- 2
-
Ivette AriasIVETTE ARIAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Doug BaumoelDOUG BAUMOEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Frank CarpenitoFRANK CARPENITO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Gerald McCarthyGERALD MCCARTHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jameel MooreJAMEEL MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Michael SimonsMICHAEL SIMONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dorina HamzoDORINA HAMZO
FORMER DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Valerie ParicVALERIE PARIC
EXEC DIRECTOR (EX-OFFICIO)
- Total calculated
- $179,488
- From this org
- $165,541
- From related orgs
- $0
- Other
- $13,947
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $165,541
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $13,947
- Filer's total
- $179,488
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
Answered no
- 4a · Severance or change-of-control payment
- 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
- 2023
- Filed
- 29 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443059349301139
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