Seven Hills Foundation Inc
- Assets
- $7.0m
- Revenue
- $2.8m
- Investments
- $5.5m
- Employees
- 95
- Location
- Worcester, MA
- Founding
- 03/1999
- Data as of
- 09/2017
- EIN
- 04-2105856
Organization Overview
Seven Hills Foundation Inc is located in Worcester, MA. The organization was established in 1999. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 09/2016, Seven Hills Foundation Inc employed 95 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Seven Hills Foundation 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 09/2017, Seven Hills Foundation Inc generated $2.8m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $3.3m during the year ending 09/2017. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE LIVES OF CHILDREN AND THOSE WHO LOVE THEM BY CREATING, SUPPORTING AND STRENGTHENING FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILD AND FAMILY COUNSELING - THE AGENCY PROVIDES A FULL RANGE OF QUALITY BEHAVIORAL HEALTH, PSYCHIATRIC AND CHILD WELFARE SERVICES TO AT-RISK CHILDREN WITH SEVERE EMOTIONAL AND BEHAVIORAL PROBLEMS.
EARLY LEARNING CENTER - THE CENTER PROVIDES CHILDHOOD EDUCATION AND CARE TO INFANTS, TODDLERS AND PRESCHOOL CHILDREN.
ADOPTION AND FAMILY SERVICES - THE AGENCY IS A LICENSED ADOPTION AND FOSTER CARE AGENCY THAT MANAGES CASES AND PROVIDES OTHER ADOPTION RELATED SERVICES, INCLUDING MAPP TRAINING. ADOPTION AND FAMILY SERVICES DEPARTMENT SOCIAL WORKERS ALSO CONDUCT HOME STUDIES AND ASSESSMENTS AND PERFORM RELATED SERVICES UNDER CONTRACT WITH THE COMMONWEALTH OF MASSACHUSETTS DEPARTMENT OF CHILDREN AND FAMILIES.
CARRIAGE HOUSE - THE AGENCY PROVIDES PEER GRIEF SUPPORT GROUPS TO CHILDREN AGES THREE TO EIGHTEEN WHO HAVE EXPERIENCED THE DEATH OF A PARENT, OTHER PRINCIPAL CAREGIVER, OR SIBLING. GRIEF SUPPORT IS ALSO AVAILABLE FOR SURVIVING PARENTS OR CAREGIVERS. PARTICIPATION IN THE CARRIAGE HOUSE IS FREE. THE PROGRAM DIRECTOR AND AGENCY PRESIDENT ALSO CONSULT WITH SCHOOL SYSTEMS ON GRIEF RELATED MATTERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen E Ludington President/ceo | OfficerTrustee | 40 | $112,451 |
Christopher Wilbur Director Of Finance | 40 | $105,156 | |
Suzanne Weekes PHD First Vice Chair | OfficerTrustee | 2 | $0 |
Dorothy A Dudley Exec Comm Member-At-Large | OfficerTrustee | 2 | $0 |
Michael J Mulrain Treasurer | OfficerTrustee | 2 | $0 |
Robert G Oriol Board Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,277,153 |
| Investment income | $193,137 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $85,243 |
| Net Gain/Loss on Asset Sales | $38,318 |
| Net Income from Fundraising Events | $32,936 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,828,422 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,283,386 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $250,991 |
| Payroll taxes | $169,712 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,858 |
| Fees for services: Accounting | $23,265 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,515 |
| Fees for services: Other | $26,578 |
| Advertising and promotion | $0 |
| Office expenses | $60,290 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $136,016 |
| Travel | $33,352 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,002 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,080 |
| Insurance | $60,161 |
| All other expenses | $0 |
| Total functional expenses | $3,264,634 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,728 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $99,770 |
| 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 | $19,166 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,541,901 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,956,359 |
| Accounts payable and accrued expenses | $169,005 |
| Grants payable | $0 |
| Deferred revenue | $620 |
| 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 | $225,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $394,625 |
| Net assets without donor restrictions | $2,257,843 |
| Net assets with donor restrictions | $811,774 |
| Capital stock or trust principal, or current funds | $3,492,117 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $6,561,734 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Seven Hills Foundation Inc has recieved totaling $36,500.
| Awarding Organization | Amount |
|---|---|
Greater Worcester Community Foundation Inc Worcester, MA PURPOSE: THE GENDER WELLNESS INITIATIVE | $15,000 |
Dcu For Kids Marlborough, MA PURPOSE: Charitable | $12,500 |
Reliant Foundation Inc Worcester, MA PURPOSE: GRIEF SUPPORT PROGRAM FOR CHILDREN AND YOUTH | $9,000 |
Endowment Analysis
| Beg. Balance | $5,166,706 |
| Earnings | $260,308 |
| Net Contributions | $63,585 |
| Other Expense | $153,000 |
| Ending Balance | $5,303,796 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nysarc Inc Mellenville, NY | $10,700,882 | $19,436,848 |
Nysarc Inc Canandaigua, NY | $15,262,327 | $18,465,487 |
Nysarc Inc Tupper Lake, NY | $12,509,842 | $19,561,322 |
Human First Inc New York, NY | $12,690,892 | $16,902,153 |
Highbridge Advisory Council Day Care & Senior Citizens Center Inc Bronx, NY | $1,780,427 | $17,667,102 |
South Shore Support Services Inc Weymouth, MA | $2,878,959 | $17,706,112 |
Communitas Inc Wakefield, MA | $10,107,493 | $17,984,942 |
The Arc Of Opportunity In North Central Massachusetts Inc Fitchburg, MA | $18,467,193 | $18,583,549 |
Community Connections Inc South Yarmouth, MA | $11,598,404 | $18,444,475 |
Nysarc Inc Oneonta, NY | $7,673,110 | $15,882,956 |
New England Villages Inc Pembroke, MA | $44,008,245 | $13,385,395 |
Arc Of Genesee Orleans Batavia, NY | $0 | $15,556,370 |