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Nonprofiteer
← JULIE AND MICHAEL TRACY FAMILY FOUNDATION

Form 990 for tax year 2022

Filed by JULIE AND MICHAEL TRACY FAMILY FOUNDATION.

Totals

Total revenue
$1,082,045
Total expenses
$1,044,921
Contributions and grants received
$916,948
Grants paid
$0
Program service revenue
$149,828
Investment income
$1,134
Other revenue
$14,135
Total assets, end of year
$1,040,265
Total liabilities, end of year
$234,472
Net assets or fund balances, end of year
$805,793
Program services expenses (Part IX)
$693,971
Management and general expenses
$228,562
Fundraising expenses
$122,388
Program service expenses (Part III)
$693,971

Program services were 66.4% 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.

  • 1e · Government grants (contributions)

    $476,976

  • 1f · All other contributions, gifts and grants

    $439,972

  • 2a · Program service revenue: RESIDENT CHARGES

    total $131,903 · related or exempt $131,903

  • 2b · Program service revenue: URBAN VOCATIONAL GARDE

    total $15,004 · related or exempt $15,004

  • 2c · Program service revenue: OTHER

    total $2,921 · related or exempt $2,921

  • 3 · Investment income

    total $1,134 · excluded $1,134

  • 11a · Other revenue: MISCELLANEOUS

    total $14,135 · related or exempt $14,135

  • 11e · Other revenue, total

    $14,135

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $130,414 · program services $67,815 · management and general $10,433 · fundraising $52,166

  • 7 · Other salaries and wages

    total $258,593 · program services $206,671 · management and general $51,922

  • 8 · Pension plan contributions

    total $6,435 · management and general $6,435

  • 10 · Payroll taxes

    total $35,951 · program services $21,559 · management and general $10,401 · fundraising $3,991

  • 11b · Fees: legal

    total $250 · management and general $250

  • 11c · Fees: accounting

    total $14,783 · management and general $14,783

  • 11e · Fees: professional fundraising services

    total $39,682 · fundraising $39,682

  • 11g · Fees: other

    total $26,870 · management and general $26,870

  • 12 · Advertising and promotion

    total $19,218 · fundraising $19,218

  • 13 · Office expenses

    total $12,746 · management and general $9,379 · fundraising $3,367

  • 14 · Information technology

    total $20,697 · program services $19,214 · management and general $1,483

  • 16 · Occupancy

    total $72,854 · program services $72,854

  • 19 · Conferences, conventions and meetings

    total $5,337 · program services $5,210 · management and general $127

  • 20 · Interest

    total $3,174 · program services $3,174

  • 22 · Depreciation, depletion and amortization

    total $110,168 · program services $106,366 · fundraising $3,802

  • 23 · Insurance

    total $94,410 · management and general $94,410

  • 24a · Other expenses: TRANSITION ACADEMY

    total $112,358 · program services $112,358

  • 24b · Other expenses: RESIDENTIAL HOUSING

    total $48,016 · program services $48,016

  • 24c · Other expenses: URBAN VOCATIONAL GARDEN

    total $28,004 · program services $28,004

  • 24d · Other expenses: OTHER PROGRAMS

    total $2,730 · program services $2,730

  • 24e · All other expenses

    total $2,231 · management and general $2,069 · fundraising $162

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $15,545 · end of year $5,321

  • 2 · Savings and temporary cash investments

    beginning of year $378,766 · end of year $441,962

  • 3 · Pledges and grants receivable

    beginning of year $284,823 · end of year $297,874

  • 4 · Accounts receivable

    beginning of year $55,129 · end of year $57,720

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,430 · end of year $6,250

  • 10a · Land, buildings and equipment: cost or other basis

    $28,841

  • 10b · Land, buildings and equipment: accumulated depreciation

    $21,601

  • 10c · Land, buildings and equipment, net

    beginning of year $131,176 · end of year $7,240

  • 15 · Other assets

    beginning of year $9,602 · end of year $223,898

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,951 · end of year $11,018

  • 24 · Unsecured notes and loans payable

    end of year $223,454

  • 25 · Other liabilities

    beginning of year $1,799 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $604,898 · end of year $507,919

  • 28 · Net assets with donor restrictions

    beginning of year $284,823 · end of year $297,874

Mission and programs · 2022

Mission

THE FOUNDATION IS DEDICATED TO CHANGING OUTCOMES FOR YOUNG ADULTS WITH AUTISM THROUGH AN INTEGRATED COMMUNITY LIFE THAT ADVANCES SOCIAL AND VOCATIONAL OPPORTUNITIES.

  • THE FOUNDATION INCURRED COSTS IN CONNECTION WITH ITS GROWING SOLUTIONS FARM PROJECT WHICH WILL PROVIDE INDIVIDUALS WITH DISABILITIES AN OPPORTUNITY TO DEVELOP TRANSFERRABLE JOB SKILLS.

    Expenses $192,260 · Revenue $15,004

  • THE FOUNDATION INCURRED COSTS IN CONNECTION WITH TWO RESIDENTIAL PROPERTIES, ONE OF WHICH NOT ONLY PROVIDES SUPERVISED LIVING BUT ALSO INCLUDES COMMUNITY SPACE THAT OFFERS SOCIAL NETWORKING OPPORTUNITIES.

    Expenses $103,481 · Revenue $131,903

  • THE FOUNDATION INCURRED COSTS ASSOCIATED WITH A TRANSITION ACADEMY AND THE ESTABLISHMENT OF A LEARNING LAB, TO PROVIDE STUDENTS WITH AUTISM AND RELATED DISABILITIES THE CHANCE TO ENGAGE WITH THE COMMUNITY AND PARTAKE IN JOB OBSERVATIONS AND INTERNSHIPS AS WELL AS WORK WITH THERAPISTS IN SPEECH AND LANGUAGE, SOCIAL WORK, OCCUPATIONAL THERAPY AND, IN THE CASE OF THE LEARNING LAB, BASIC LIFE AND INDEPENDENT LIVING SKILLS.

    Expenses $336,788

  • OTHER PROGRAMS

    Expenses $61,442 · Revenue $2,921

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

Listed in Part VII

  • Mary Walsh

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Joseph D Froelich

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Maura McCarthy

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Roy Walker III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Warren Ribley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Barbara Zawicki

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kim Thompson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Heather Tarczan

    EXECUTIVE DIRECTOR

    Total calculated
    $130,414
    From this org
    $130,414
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
5 July 2023
IRS schema version
2022v5.0
Source object
202301989349301700

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