2024-11-15T07:59:28-06:00 2024-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-07-01 042105756 FAMILYAID BOSTON INC FAMI 6175427286 3815 WASHINGTON STREET BOSTON MA 02130 LAWRENCE SEAMANS PRESIDENT 6175427286 2024-11-12 1 1 SORIE M KABA CPA P00535908 5083669100 2024-11-12 2023 2024-10-15 13:58:12Z FAMILYAID LAWRENCE SEAMANS 3815 WASHINGTON STREET BOSTON MA 02130 25519019 0 X WWW.FAMILYAIDBOSTON.ORG X 1920 MA FAMILYAID IS THE LEADING PROVIDER OF INNOVATIVE AND PROVEN SOLUTIONS TO FAMILY HOMELESSNESS IN GREATER BOSTON, PROVIDING EDUCATION AND TRAINING, HOUSING ASSISTANCE, HOMELESSNESS PREVENTION SERVICES, EMERGENCY SHELTER, TEMPORARY AND PERMANENT SUPPORTIVE HOUSING AND COMPREHENSIVE CASE MANAGEMENT TO 4,700 CHILDREN AND PARENTS IN FY24. THROUGH ITS EXPERT USE OF STRUCTURED TRAINING AND TESTED EDUCATIONAL MODELS, FAMILYAID'S 2-GENERATIONAL MODEL ENSURES THAT EACH OF ITS CLIENTSCHILDREN AND PARENTSHAVE THE RESOURCES, TRAINING, EDUCATION AND TOOLS THEY NEED TO OVERCOME THE BARRIERS THAT TRAP FAMILIES IN POVERTY AND HOMELESSNESS AND DEVELOP THE SKILLS TO BE SUCCESSFUL, FINANCIALLY STABLE AND SELF-SUFFICIENT IN THE LONG TERM. 21 20 151 326 0 0 18016519 23761907 307095 329964 104925 243167 -79590 -94113 18348949 24240925 0 0 0 0 8704656 10069372 0 0 1581949 9777907 10865993 18482563 20935365 -133614 3305560 13522933 35057552 4354788 23132530 9168145 11925022 X FAMILYAID BOSTON EMPOWERS PARENTS AND CAREGIVERS FACING HOMELESSNESS TO SECURE AND SUSTAIN HOUSING AND BUILD STRONG FOUNDATIONS FOR THEIR CHILDREN'S FUTURES. 0 0 18693754 330125 FAMILYAID IS BOSTON'S LARGEST ORGANIZATION SOLELY DEDICATED TO CHILDREN AND PARENTS FACING HOMELESSNESS, PROVIDING EDUCATION AND TRAINING, PREVENTION SERVICES, EMERGENCY SHELTER, TEMPORARY AND PERMANENT HOUSING AND SUPPORT AND COMPREHENSIVE CASE MANAGEMENT TO 4,700 CHILDREN AND PARENTS IN FY24. OUR WORK INCLUDES: 2GEN SERVICES UTILIZING EVIDENCE-BASED MODELS FROM THE ASPEN INSTITUTE, FAMILYAID REDUCES THE AMOUNT OF TIME FAMILIES EXPERIENCE THE TRAUMA OF HOMELESSNESS. EMPLOYING DIRECT SUPPORT TO INCREASE FAMILIES' ACCESS AND UTILIZATION OF EMPLOYMENT AND HOUSING SERVICES, EARLY EDUCATION, PRIMARY AND BEHAVIORAL HEALTH, FOOD ACCESS, AND ACADEMIC SUPPORT SERVICES, FAMILYAID HAS HELPED ITS CLIENTS MOVE FROM CRISIS TO STABILITY WITHIN 8 MONTHS. HOMELESSNESS PREVENTION: FAMILYAID'S EARLY INTERVENTION MODEL MITIGATES THE TRAUMA AND FINANCIAL RUIN OF HOMELESSNESS BY ADDRESSING CRISES "UPSTREAM," BEFORE FAMILIES ENTER THE EVICTION PROCESS. PREVENTION PARTNERS BOSTON PUBLIC SCHOOLS AND BOSTON CHILDREN'S HOSPITAL IDENTIFY FAMILIES FACING HOMELESSNESS AND REFER THEM TO FAMILYAID FOR COMPREHENSIVE SERVICES THAT RESTORE STABILITY AND LEAD TO LONG-TERM SUCCESS. IN THE PAST YEARS, WE PREVENTED 2,430 CHILDREN AND PARENTS FROM FALLING INTO HOMELESS SHELTERS AND THE STREETS. TEMPORARY HOUSING AND EMERGENCY SERVICES: FAMILYAID PROVIDED EDUCATIONAL PROGRAMS, SHELTER, TEMPORARY HOUSING AND PERMANENT HOUSING PLACEMENT AND COMPREHENSIVE CASE MANAGEMENT TO 684 CHILDREN AND PARENTS IN FY24. IT BROKE GROUND ON A NEW FAMILY NAVIGATION CENTER THAT WILL OPEN IN FY25. STABILIZATION: ALL CHILDREN AND PARENTS ENGAGED WITH FAMILYAID RECEIVE AN ARRAY OF STABILIZATION SERVICES OVER A ONE-YEAR PERIOD TO PROMOTE LONG-TERM SELF-SUFFICIENCY. IN FY24, CASE MANAGERS PROVIDED STABILIZATION SERVICES TO 1581 CHILDREN AND PARENTS. WITH AN ANNUAL HOUSING RETENTION RATE OF 97%. SYSTEMIC CHANGE: FAMILYAID CONTINUED TO FACILITATE CHIME, A MULTI-YEAR, MULTI-SECTOR COLLABORATION TO MAP AND IMPROVE THE SYSTEMS OF SOCIAL SERVICES FOR CHILDREN EXPERIENCING HOMELESSNESS. BY IDENTIFYING GAPS, STAKEHOLDERS WILL BE ABLE TO IMPLEMENT MORE EFFECTIVE, COORDINATED SERVICES WHILE BUILDING PUBLIC SUPPORT FOR POLICIES THAT IMPROVE THE OVERALL SYSTEM OF SERVICES FOR CHILDREN EXPERIENCING HOMELESSNESS. A BROAD COALITION OF MORE THAN 200 NONPROFIT PROVIDERS, AGENCY LEADERS, EDUCATORS, POLICYMAKERS, FAMILIES EXPERIENCING HOMELESSNESS AND OTHER ALLIES HAVE PARTICIPATED TO DATE. 18693754 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 287 0 1 151 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA RI NH X X ELBA MARCILLO CFO 6175427286 3815 WASHINGTON STREET BOSTON MA 02130 ALICIA IANIERE CDO 50.00 X 256394 0 29219 LAWRENCE SEAMANS PRESIDENT & CEO 50.00 X X 232506 0 8537 ELBA MARCILLO CFO 50.00 X 191008 0 22262 CHRISTIAN BRUNNER SR. PROG. OFF., PERFORMANCE & EVAL. 50.00 X 136447 0 28252 CARLA RICHARDS DIRECTOR OF PROGRAMS 50.00 X 142021 0 12879 EVA BARNES MAJOR GIFTS OFFICER 50.00 X 139854 0 5611 KAREN CONWAY VP OF HUMANS RESOURCES & OPERATION 50.00 X 142822 0 981 TRACY WELSH COO (AS OF 5/2024) 50.00 X 0 0 0 JOHN WORRALL CHAIR 0.20 X X 0 0 0 LAURA SCOTT VICE CHAIR 0.20 X X 0 0 0 PIERCE HALEY CLERK 0.20 X X 0 0 0 BRUCE LIDDELL CHAIR OF THE FINANCE/AUDIT 0.20 X X 0 0 0 KIP SANFORD DIRECTOR 0.20 X 0 0 0 DANIEL W HALSTON DIRECTOR 0.20 X 0 0 0 C RICHARD CARLSON DIRECTOR 0.20 X 0 0 0 REGINA NORFOLK DIRECTOR 0.20 X 0 0 0 CHARLES DEKNATEL DIRECTOR 0.20 X 0 0 0 JAY C HART DIRECTOR 0.20 X 0 0 0 PAUL WHITE DIRECTOR 0.20 X 0 0 0 KEVIN COSTELLO DIRECTOR 0.20 X 0 0 0 ELLEN CROSS DIRECTOR 0.20 X 0 0 0 CHRISTIAN TOSI DIRECTOR 0.20 X 0 0 0 MEGHAN KEANEY ANDERSON DIRECTOR 0.20 X 0 0 0 TAISHA STURDIVANT-ULYSSE DIRECTOR 0.20 X 0 0 0 MARIA SULSER DIRECTOR 0.20 X 0 0 0 ANIL KHURAN DIRECTOR 0.20 X 0 0 0 REBECCA MONIRI DIRECTOR 0.20 X 0 0 0 JEFFREY TENGEL DIRECTOR 0.20 X 0 0 0 1241052 0 107741 11 0 1 0 LONGPOINT CONSULTING INC 398 COLUMBUS AVE 242 BOSTON MA 02116 CONSULTING FOR PROJECTS FOR NEW PROGRAM 149875 TUTUS GROUP 24 GROVE ST NORWELL MA 02061 IT SERVICES 139366 SLP CONSULTANT 436 BACK CREEK DRIVE SAINT AUGUSTINE FL 32092 HUMAN RESOURCES SERVICES 130824 ROLANDO RODRIGUEZ 52 LORNE ST1 DORCHESTER MA 02124 PAINTING AND CLEANING SERVICES 125346 4 50000 363495 15164833 8183579 44643 23761907 RENTAL INCOME 532000 329964 329964 329964 237623 237623 1181614 1176070 5544 5544 5544 7750 363495 102024 -94274 -94274 OTHER REVENUE 900099 161 161 161 24240925 330125 0 148893 487621 263893 155296 68432 7567260 6564999 82016 920245 177341 161583 3772 11986 1141133 1014290 45814 81029 696017 589656 21243 85118 17981 17981 87625 87625 312 312 18780 18780 1278271 974692 121633 181946 63655 63655 193913 142195 13094 38624 787082 731451 20215 35416 42473 29732 11884 857 47328 47328 131699 123098 3039 5562 CLIENT ASSISTANCE 7411727 7411727 SMALL EQUIPMENT 396755 351066 11868 33821 MISCELLANEOUS 374267 273919 45090 55258 BAD DEBT 14125 14125 20935365 18693754 659662 1581949 996509 1747584 524969 408562 2781844 3109715 184566 216423 3041079 1157317 1933530 1883762 5122220 7067903 1979295 20623603 13522933 35057552 828129 2178175 1517111 1736372 2009548 19217983 4354788 23132530 X 4944505 4873351 4223640 7051671 9168145 11925022 13522933 35057552 X 3305560 257063 -805746 X X 0 1 X 1 1 1 X 15581849 12683323 13926408 18016519 23761907 83970006 15581849 12683323 13926408 18016519 23761907 83970006 83970006 133201 63124 179867 91782 237623 705597 84675603 1740303 0.99170 0.99070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 312 312 0 PART II-B, LINE 1: SERLIN HALEY, DOES PRO BONO WORK FOR FAMILYAID, THEY PROVIDE CONTACTS WITH GOVERNMENT OFFICIALS TO DISCUSS HOMELESSNESS RELATED ISSUES. THEY PROVIDE INVITATIONS TO EVENTS. 2543386 300304 2843690 2299146 244240 2543386 2813707 -79006 -435555 2299146 2056936 305104 451667 2813707 2029615 55345 28024 2056936 0.92710 0.06010 0.01280 0 0 47000 47000 2410077 670904 1739173 95672 94214 1458 488330 392199 96131 1883762 RIGHT-OF-USE ASSETS - OPERATING 2064541 PROJECT UNDER DEVELOPMENT 2240917 RIGHT-OF-USE ASSETS - FINANCE 16318145 20623603 OPERATING LEASE LIABILITIES 2083064 FINANCE LEASE LIABILITIES 17134919 19217983 X 24937595 257063 458387 715450 24222145 18780 18780 24240925 22180718 458387 805746 1264133 20916585 18780 18780 20935365 PART V, LINE 4: THE BOARD DESIGNATED ENDOWMENT IS INTENDED TO BE HELD FOR LONG-TERM GROWTH AND SUPPORT OF THE OPERATIONS. THE INCOME ON THE PERMANENT ENDOWMENT IS USED TO SUPPORT THE OPERATIONS OF FAMILYAID BOSTON. PART X, LINE 2: FAMILYAID BOSTON (FAB) ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FAB HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2024. FAB'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCE LEASE CHARGES RELATED TO A BUILDING NOT YET PLACED IN SERVICE 805,746. BUILDING BETTER FUTURES 371245 363495 7750 400 15000 60328 16846 9450 371245 363495 7750 400 15000 60328 16846 9450 102024 -94274 X 0 0 0 0 0 0 0 0 0 ALICIA IANIERE CDO 256394 0 0 0 0 0 6670 0 22549 0 285613 0 0 0 LAWRENCE SEAMANS PRESIDENT & CEO 232506 0 0 0 0 0 7220 0 1317 0 241043 0 0 0 ELBA MARCILLO CFO 191008 0 0 0 0 0 5806 0 16456 0 213270 0 0 0 CHRISTIAN BRUNNER SR. PROG. OFF., PERFORMANCE & EVAL. 136447 0 0 0 0 0 4459 0 23793 0 164699 0 0 0 CARLA RICHARDS DIRECTOR OF PROGRAMS 142021 0 0 0 0 0 4038 0 8841 0 154900 0 0 0 PART I, LINE 3 THE BOARD HAS A COMPENSATION COMMITTEE THAT REVIEWS LAWRENCE SEAMANS' COMPENSATION ANNUALLY AND MAKES A RECOMMENDATION TO THE BOARD ABOUT PAY CHANGES. X 4 44643 FMV 0 0 1 PART I, LINE 32B: THE DONATIONS ARE RECEIVED BY UBS AND SOLD ONCE THE TRADE HAS SETTLED, THE FUNDS ARE KEPT IN UBS UNTIL NEEDED. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT, TREASURER, AND BOARD OF DIRECTORS WERE PROVIDED A COPY OF THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THERE IS AN ANNUAL QUESTIONAIRE THAT IS GIVEN TO THE OFFICERS AND BOARD OF DIRECTORS TO DISCLOSE ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF FAB'S OFFICER'S AND KEY EMPLOYEES IS APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 FAB MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON ITS WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9: FINANCE LEASE CHARGES RELATED TO A BUILDING NOT YET PLACED IN SERVICE -805,746. FORM 990, PART XII, LINE 2C: FAB HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS.