Familyaid Boston Inc

Organization Overview

Familyaid Boston Inc, operating under the name Familyaid, is located in Boston, MA. The organization was established in 1953. According to its NTEE Classification (P61) the organization is classified as: Travelers Aid, under the broad grouping of Human Services and related organizations. As of 06/2022, Familyaid employed 131 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Familyaid 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 06/2022, Familyaid generated $14.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $15.2m during the year ending 06/2022. While expenses have increased by 10.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

FAMILYAID IS THE LEADING PROVIDER OF INNOVATIVE AND PROVEN SOLUTIONS TO FAMILY HOMELESSNESS IN GREATER BOSTON, PROVIDING HOUSING ASSISTANCE, HOMELESSNESS PREVENTION SERVICES, EMERGENCY SHELTER, PERMANENT SUPPORTIVE HOUSING, AND COMPREHENSIVE CASE MANAGEMENT TO 4,277 CHILDREN AND PARENTS IN FY22. FAMILYAID SUPPORTS FAMILIES EXPERIENCING OR AT RISK OF HOMELESSNESS THROUGH COMPREHENSIVE SERVICES FOCUSED ON LONG-TERM SELF-SUFFICIENCY AND FINANCIAL STABILITY, INCLUDING CASE MANAGEMENT; HOUSING SEARCH, PLACEMENT AND SUPPORT; FINANCIAL ASSISTANCE AND COACHING; AND ENROLLMENT IN COMMUNITY-BASED RESOURCES. THIS TWO-GENERATIONAL APPROACH EMPOWERS PARENTS AND CHILDREN TO OVERCOME THE BARRIERS THAT TRAP FAMILIES IN POVERTY AND HOMELESSNESS AND DEVELOP THE SKILLS AND SUPPORTS NECESSARY TO THRIVE LONG-TERM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FAMILYAID IS GREATER BOSTON'S LARGEST ORGANIZATION SOLELY DEDICATED TO CHILDREN AND PARENTS FACING HOMELESSNESS, PROVIDING PREVENTION SERVICES, EMERGENCY SHELTER, HOUSING AND SUPPORT, AND COMPREHENSIVE CASE MANAGEMENT TO 4,277 CHILDREN AND PARENTS IN FY22. OUR WORK INCLUDES: 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, BOSTON CHILDREN'S HOSPITAL, AND BOSTON MEDICAL CENTER IDENTIFY FAMILIES FACING HOMELESSNESS AND REFER THEM TO FAMILYAID FOR COMPREHENSIVE SERVICES THAT RESTORE STABILITY AND LEAD TO LONG-TERM SUCCESS. IN THE PAST THREE YEARS, OUR PREVENTION PROGRAM HAS GROWN FROM 200 CHILDREN AND PARENTS TO 3,427 IN FY22. WE ARE NOW BOSTON PUBLIC SCHOOL'S LEADING HOMELESSNESS PREVENTION PARTNER, WORKING WITH HOMELESS LIAISONS IN ALL 125 SCHOOLS TO IDENTIFY STRUGGLING FAMILIES AND HELP THEM GAIN STABILITY. WE ARE ALSO THE FIRST HOMELESS SERVICES PROVIDER TO BE FUNDED BY MASSHEALTH FOR OUR BOSTON CHILDREN'S HOSPITAL PREVENTION PARTNERSHIP.SHELTER: FAMILYAID PROVIDED SHELTER, HOUSING PLACEMENT, AND COMPREHENSIVE CASE MANAGEMENT TO 873 CHILDREN AND PARENTS IN 135 LEASED SHELTER UNITS IN FY22. WE OPENED A NEW CRISIS SHELTER IN FALL 2021 FOR HOMELESS FAMILIES SEEKING REFUGE IN EMERGENCY ROOMS AT BOSTON CHILDREN'S HOSPITAL AND BOSTON MEDICAL CENTER, FUNDED WITH A COMBINATION OF PUBLIC AND PRIVATE RESOURCES.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 FY22, CASE MANAGERS PROVIDED STABILIZATION SERVICES TO 2,080 CHILDREN AND PARENTS. A GROWING TEAM OF "NAVIGATORS" IS DEEPENING THE EFFECTIVENESS OF OUR STABILIZATION WORK BY BRINGING CONTENT EXPERTISE AND RESOURCES TO CASE MANAGERS AND BUILDING OUR FORMAL PARTNER NETWORK IN THE AREAS OF WORKFORCE DEVELOPMENT, CHILD DEVELOPMENT AND EDUCATIONAL SUPPORTS, AND BEHAVIORAL HEALTH. OVER THE PAST YEAR, THE AGENCY ALSO PRIORITIZED CREATING POSITIVE EXPERIENCES FOR THE CHILDREN IN OUR CARE TO INCREASE THEIR RESILIENCE AND OFFSET THE HARMFUL EFFECTS OF THE TRAUMA THEY HAVE EXPERIENCED. SYSTEMIC CHANGE: FAMILYAID IS LEADING A NEW FOUR-YEAR, MULTI-SECTOR COLLABORATION TO MAP 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 HOMELESS CHILDREN. A BROAD COALITION OF NONPROFIT PROVIDERS, AGENCY LEADERS, HOUSING DEVELOPERS, POLICYMAKERS, FAMILIES EXPERIENCING HOMELESSNESS, AND OTHER ALLIES ARE PARTICIPATING.FAMILYAID RECOGNIZES THAT ADDRESSING FAMILY HOMELESSNESS REQUIRES STRONG PARTNERSHIPS. WE ARE PROUD AND GRATEFUL TO COLLABORATE WITH THE PHILANTHROPIC COMMUNITY, OTHER NONPROFITS, GOVERNMENT AGENCIES, AND ADVOCACY GROUPS TO IDENTIFY AND ADVANCE LASTING SOLUTIONS TO FAMILY HOMELESSNESS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Longpoint Consulting Inc
Consulting For Projects For New Program
$122,500
Infranet Solutions
Mis Support Services & Equipment
$142,499
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$127,242
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $9,852,933
All other contributions, gifts, grants, and similar amounts not included above$3,946,233
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$13,926,408
Total Program Service Revenue$335,654
Investment income $179,867
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $195,263
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,637,192

Grants Recieved

Over the last fiscal year, we have identified 33 grants that Familyaid Boston Inc has recieved totaling $791,293.

Awarding OrganizationAmount
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$100,000
Life Science Cares Inc

Cambridge, MA

PURPOSE: DONATION TO ASSIST THE NONPROFIT

$97,000
Yawkey Foundation Ii

Dedham, MA

PURPOSE: BASIC NEEDS (FOOD, HOUSING) ACCESS FOR UNDERSERVED FAMILIES

$75,000
Davis Fam Charitable Fndn

Boston, MA

PURPOSE: CHARITABLE GIFT

$75,000
The Good Nation Foundation Inc

New York, NY

PURPOSE: Futhering he mission of the Org

$50,000
The National Alliance To End Homelessness Incorporated

Washington, DC

PURPOSE: G. WAYNE -PREVENT FAMILY HOMELESSNESS

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,813,707
Earnings-$435,555
Net Contributions-$79,006
Ending Balance$2,299,146

Peer Organizations

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