Beverly Bootstraps Community Services Inc
- Assets
- $4.9m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 66
- Location
- Beverly, MA
- Founding
- 05/1995
- Data as of
- 06/2022
- EIN
- 04-3254507
Organization Overview
Beverly Bootstraps Community Services Inc is located in Beverly, MA. The organization was established in 1995. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Beverly Bootstraps Community Services Inc employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beverly Bootstraps Community Services 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 06/2022, Beverly Bootstraps Community Services Inc generated $3.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $3.8m during the year ending 06/2022. While expenses have increased by 4.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BEVERLY BOOTSTRAPS COMMUNITY SERVICES PROVIDES CRITICAL RESOURCES TO FAMILIES AND INDIVIDUALS SO THEY MAY ACHIEVE SELF-SUFFICIENCY. THE ORGANIZATION OFFERS EMERGENCY AND LONG-TERM ASSISTANCE INCLUDING: ACCESS TO FOOD, HOUSING STABILITY, ADULT AND YOUTH PROGRAMS, EDUCATION, COUNSELING AND ADVOCACY. THE ORGANIZATION IS COMMUNITY FUNDED AND SUPPORTED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOOD ASSISTANCE PROGRAMS PROVIDE EMERGENCY FOOD TO THOSE IN NEED THROUGH A PANTRY VISIT OR DELIVERY MONDAY THROUGH FRIDAY. DURING FY22, THE FOOD ASSISTANCE SERVED 2,467 INDIVIDUALS (1,400 HOUSEHOLDS) WITH 529,982 LBS OF FOOD DISTRIBUTED IN 9,918 VISITS. DURING FY22, THE SENIOR BAGS WERE DELIVERED TO AN ESTIMATED 575 SENIORS. THE WEEKEND BAG PROGRAM DELIVERED 3,840 BAGS TO SCHOOL CHILDREN THROUGHOUT THE ELEMENTARY AND MIDDLE SCHOOLS IN BEVERLY. THANKSGIVING MEAL INGREDIENTS WERE DISTRIBUTED TO 422 HOUSEHOLDS.
THE THRIFT SHOP SELLS DONATED CLOTHING AND HOUSEHOLD GOODS AT DISCOUNTED PRICES. THE THRIFT SHOP IS A COMMUNITY RESOURCE THAT PROVIDES SHOPPERS WITH MERCHANDISE AT DISCOUNTED PRICES AND DONORS THE OPPORTUNITY TO RECYCLE ITEMS.
CASE MANAGERS HELP CLIENTS COPE WITH COMPLEX AND ECONOMICALLY CHALLENGING SITUATIONS, FIND RESOURCES AND CONNECT TO SERVICES. TYPES OF ASSISTANCE INCLUDE: INTAKE AND BUDGET ASSESSMENT, HOUSING STABILITY, HEAT AND UTILITY RESOURCES, ACCESS TO CLOTHING AND GOODS, AND ACCESSING LOCAL PROGRAMS SUCH AS FUEL ASSISTANCE. DURING FY22, 876 CLIENTS WERE ASSISTED. THE FREE TAX PREPARATION PROGRAM PROVIDES WORKING LOW INCOME INDIVIDUALS AND FAMILIES WITH FREE TAX PREPARATION. DURING FY22, 372 TAX RETURNS WERE FILED RESULTING IN $813,911 REFUNDS TO CLIENTS; WITH $196,843 AS A DIRECT RESULT OF EITC FUNDS. CLIENT SUPPORT SERVICES HAVE BEEN MODIFIED TO A REMOTE MODEL SINCE MARCH 2020 DUE TO COVID-19.
ADULT EDUCATION INCLUDES HISET TEST PREPARATION, ENGLISH LANGUAGE CLASSES, AND JOB READINESS. DURING FY22, THE AGENCY SERVED 15 HISET STUDENTS (OF WHICH 12 GRADUATED), 30 ESOL STUDENTS. YOUTH AND FAMILY SERVICES INCLUDE SEASONAL PROGRAMMING SUCH AS HOLIDAY GIFTS AND BACK TO SCHOOL SUPPLIES. DURING FY22, 724 CHILDREN RECEIVED HOLIDAY GIFTS, AND HUNDREDS OF BACKPACKS FILLED WITH SCHOOL SUPPLIES WERE DISTRIBUTED.THE FOOD TRUCK PROGRAM LAUNCHED FOR BUSINESS IN SEPTEMBER 2020. DUE TO THE MANY CHALLENGES OF COVID-19 AND SOME MECHANICAL ISSUES, THE BUSINESS STRUGGLED AND PUT ON HIATUS IN JANUARY 2021 UNTIL COVID-19 IS LESS OF A FACTOR. THE BUSINESS WAS DISMANTED IN MAY OF 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan E Gabriel Executive Director | Officer | 40 | $101,959 |
Paul Cole Director Of Finance | Officer | 40 | $69,300 |
Melissa Dane President | OfficerTrustee | 3 | $0 |
Allan Huntley Treasurer | OfficerTrustee | 3 | $0 |
Jeffrey W Roberts Clerk | OfficerTrustee | 3 | $0 |
Meredith Sobol Vice President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,367,276 |
| Noncash contributions included in lines 1a–1f | $1,532,880 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,442,276 |
| Total Program Service Revenue | $21,115 |
| Investment income | $6,457 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,981 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $331,845 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,812,674 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $133,113 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $180,013 |
| Compensation of current officers, directors, key employees. | $32,352 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,411,791 |
| Pension plan accruals and contributions | $33,257 |
| Other employee benefits | $125,785 |
| Payroll taxes | $208,911 |
| Fees for services: Management | $125 |
| Fees for services: Legal | $1,222 |
| Fees for services: Accounting | $37,239 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $9,785 |
| Fees for services: Investment Management | $1,820 |
| Fees for services: Other | $0 |
| Advertising and promotion | $35,982 |
| Office expenses | $107,067 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,651 |
| Interest | $25,448 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $134,646 |
| Insurance | $50,558 |
| All other expenses | $80,530 |
| Total functional expenses | $3,759,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $498,001 |
| Savings and temporary cash investments | $239,294 |
| Pledges and grants receivable | $256,281 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $45,252 |
| Prepaid expenses and deferred charges | $43,993 |
| Net Land, buildings, and equipment | $3,298,545 |
| Investments—publicly traded securities | $512,864 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,894,230 |
| Accounts payable and accrued expenses | $255,703 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $539,403 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $795,106 |
| Net assets without donor restrictions | $3,969,686 |
| Net assets with donor restrictions | $129,438 |
| 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 | $4,894,230 |
Grants Recieved
Over the last fiscal year, we have identified 20 grants that Beverly Bootstraps Community Services Inc has recieved totaling $152,350.
| Awarding Organization | Amount |
|---|---|
Essex County Community Foundation Incorporated Danvers, MA | | $29,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $21,550 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $19,364 |
Peoples United Community Foundation Of Eastern Massachusetts Inc Wilmington, DE PURPOSE: GENERAL OPERATING FUND | $10,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $10,000 |
Pinkerton Foundation New York, NY PURPOSE: TRUSTEE DISCRETIONARY | $10,000 |
Endowment Analysis
| Beg. Balance | $839,788 |
| Earnings | $2,365 |
| Admin Expense | $89,995 |
| Ending Balance | $752,158 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Programs Of Westchester Jewish Community Services White Plains, NY | $12,138,978 | $16,937,661 |
Sunnyside Community Services Inc Long Island City, NY | $7,213,077 | $15,496,475 |
The B E L L Foundation Inc Westwood, MA | $26,190,550 | $19,692,109 |
Marshall Project Inc New York, NY | $18,747,646 | $15,174,508 |
Nassau-Suffolk Law Services Committee Inc Hempstead, NY | $5,326,603 | $11,194,760 |
Mercy Flight Central Inc Canandaigua, NY | $14,339,659 | $14,213,717 |
Here To Here Foundation Inc Bronx, NY | $10,262,789 | $1,365,332 |
Arab-American Family Support Center Inc Brooklyn, NY | $5,221,623 | $9,617,886 |
Asian Americans For Equality Inc New York, NY | $26,601,430 | $8,393,675 |
Greater Hartford Ridesharing Corporation Bloomfield, CT | $7,224,593 | $6,566,228 |
Creating Resources For Empowerment And Action Inc New York, NY | $14,539,110 | $8,895,948 |
Avodah The Jewish Service Corps Inc New York, NY | $2,569,454 | $4,032,872 |