Family Services Of The Merrimack Valley Inc
- Assets
- $2.4m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 99
- Location
- Lawrence, MA
- Founding
- 08/1953
- Data as of
- 09/2021
- EIN
- 04-2104054
Organization Overview
Family Services Of The Merrimack Valley Inc is located in Lawrence, MA. The organization was established in 1953. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 09/2021, Family Services Of The Merrimack Valley Inc employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Services Of The Merrimack Valley Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Family Services Of The Merrimack Valley Inc generated $5.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $6.0m during the year ending 09/2021. While expenses have increased by 6.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FAMILY SERVICES EMPOWERS, NURTURES AND SUPPORTS CHILDREN AND FAMILIES THROUGH LIFE'S CHALLENGES TO HELP THEM REACH THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH SERVICES: YOUTH DEVELOPMENT PROGRAMS INCLUDE COMMUNITY AND SCHOOL-BASED MENTORING AS WELL AS LEADERSHIP DEVELOPMENT FOR AT RISK YOUNG PEOPLE AGES 12-18. CLIENTS SERVED: APPROX. 832
CLINICAL SERVICES: FAMILY SERVICES OPERATES A STATE-LICENSED MENTAL HEALTH CLINIC THAT PROVIDES PROFESSIONAL TREATMENT TO INDIVIDUALS, FAMILIES AND COUPLES. CLINICAL SERVICES ALSO INCLUDE THERAPEUTIC MENTORING. CLIENTS SERVED: APPROX. 581
FAMILY SERVICES: PROVIDES GROUP CLASSES AND CASE MANAGEMENT TO PARENTS SEEKING TO RAISE HEALTHY CHILDREN. SERVICES INCLUDE THOSE TARGETED TO TEEN PARENTS, FATHERS, AND OTHER VULNERABLE FAMILIES. CLIENTS SERVED: APPROX. 750
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Sweeney Chief Executive Officer | Officer | 40 | $150,891 |
Ana S Cabacoff Clinician | 40 | $115,356 | |
Linda Moynihan Chief Financial Officer | Officer | 40 | $76,653 |
Richard Haak Jr Officer At Large | OfficerTrustee | 1 | $0 |
Gregory Shaw Treasurer | OfficerTrustee | 1 | $0 |
Kurt Mittelstaedt Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $42,964 |
| Membership dues | $0 |
| Fundraising events | $112,651 |
| Related organizations | $0 |
| Government grants | $2,987,868 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,662,351 |
| Noncash contributions included in lines 1a–1f | $418,429 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,805,834 |
| Total Program Service Revenue | $1,053,099 |
| Investment income | $4,300 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $32,975 |
| Net Gain/Loss on Asset Sales | -$1,354 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,929,552 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $294,804 |
| Compensation of current officers, directors, key employees. | $243,734 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,121,323 |
| Pension plan accruals and contributions | $62,512 |
| Other employee benefits | $207,005 |
| Payroll taxes | $267,899 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,360 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $261,366 |
| Advertising and promotion | $0 |
| Office expenses | $184,368 |
| Information technology | $148,566 |
| Royalties | $0 |
| Occupancy | $292,005 |
| Travel | $26,260 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,539 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $74,811 |
| Insurance | $50,864 |
| All other expenses | $0 |
| Total functional expenses | $5,985,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $451,854 |
| Savings and temporary cash investments | $50,953 |
| Pledges and grants receivable | $450,490 |
| Accounts receivable, net | $63,664 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $38,957 |
| Net Land, buildings, and equipment | $887,528 |
| Investments—publicly traded securities | $470,015 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,742 |
| Total assets | $2,429,203 |
| Accounts payable and accrued expenses | $331,836 |
| Grants payable | $0 |
| Deferred revenue | $78,242 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $80,247 |
| Total liabilities | $490,325 |
| Net assets without donor restrictions | $1,304,762 |
| Net assets with donor restrictions | $634,116 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,429,203 |
Grants Awarded
Over the last fiscal year, Family Services Of The Merrimack Valley Inc has awarded $358,646 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Holyoke, MA PURPOSE: PLAN AND IMPLEMENT ENHANCED MENTORING PRACTICES | $155,976 |
Springfield, MA PURPOSE: PLAN AND IMPLEMENT ENHANCED MENTORING PRACTICES | $143,703 |
Boston, MA PURPOSE: PLAN AND IMPLEMENT ENHANCED MENTORING PRACTICES | $58,967 |
Portland, OR PURPOSE: FUND A CAREER PATHWAYS INITIATIVE IN SEVEN MASSACHUSETTS GATEWAY TO COLLEGE PROGRAMS | $0 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Family Services Of The Merrimack Valley Inc has recieved totaling $72,500.
| Awarding Organization | Amount |
|---|---|
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc Newburyport, MA PURPOSE: EXEMPT PURPOSE | $62,500 |
C A Wood Part 15 Wahlberg Char Tr 6-01505-5 Dallas, TX PURPOSE: YOUTH MENTORING PROGRAM | $10,000 |
Endowment Analysis
| Beg. Balance | $361,791 |
| Earnings | $60,253 |
| Other Expense | $4,411 |
| Ending Balance | $417,633 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seamens Society For Children And Families Staten Island, NY | $5,020,134 | $20,127,273 |
Family Services Inc Poughkeepsie, NY | $11,302,603 | $22,651,312 |
United Services Inc Dayville, CT | $3,965,594 | $17,625,603 |
Child And Family Agency Of Southeastern Connecticut Inc New London, CT | $12,921,449 | $16,904,528 |
The Campaign Against Hunger Inc Brooklyn, NY | $6,995,780 | $16,531,662 |
Project Hope Boston Inc Roxbury, MA | $9,700,637 | $15,440,351 |
Leo Inc Lynn, MA | $14,551,712 | $12,741,162 |
Fcp Inc Lawrence, MA | $5,245,913 | $11,316,943 |
Klingberg Comprehensive Family Services Inc New Britain, CT | $2,451,904 | $8,586,410 |
Lifebridge Community Services Inc Bridgeport, CT | $3,971,886 | $9,629,433 |
Lund Family Center Inc Burlington, VT | $14,280,825 | $12,698,589 |
Northern Rivers Family Services Inc Albany, NY | $4,685,256 | $10,370,126 |