Massachusetts Wonderfund Inc

Organization Overview

Massachusetts Wonderfund Inc is located in Boston, MA. The organization was established in 1999. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 06/2021, Massachusetts Wonderfund Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Wonderfund 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 06/2021, Massachusetts Wonderfund Inc generated $7.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 52.6% each year . All expenses for the organization totaled $4.4m during the year ending 06/2021. While expenses have increased by 40.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE WONDERFUND INVESTS IN CHILDREN RECEIVING SERVICES FROM DCF BY PROVIDING ENRICHMENT OPPORTUNITIES AND ACCESS TO EMERGENCY AID AND TRANSITIONAL NECESSITIES.THE WONDERFUND IS A PRIVATE, NONPROFIT 501(C)3 THAT SERVES CHILDREN ENGAGED WITH THE MASSACHUSETTS DEPARTMENT OF CHILDREN AND FAMILIES BY BRINGING COMFORT AND DIGNITY IN TRAUMATIC SITUATIONS, AND ENRICHING CHILDHOODS THAT HAVE BEEN IMPACTED BY ABUSE AND NEGLECT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENRICHMENT GRANTS (THE FUN STUFF):WE INVEST IN MOMENTS: MUSIC LESSONS, SAT PREP, SOCCER CAMP. THESE MOMENTS BUILD CONFIDENCE, CHARACTER, AND FOSTER LIFE-LONG RESPECT FOR SELF AND OTHERS THROUGH KEEPING CHILDREN'S MINDS AND BODIES ACTIVE OUTSIDE OF SCHOOL. WE BELIEVE EVERY KID DESERVES TO DO THE THINGS THEY LOVE AND OUR GOAL IS TO ENRICH THE LIVES OF OUR KIDS. WE WANT THEM TO HAVE SOME OF THE SAME MOMENTS OF JOY AS OUR OWN FAMILIES.EMERGENCY REMOVAL KITS AND BASIC NECESSITIES (THE TOUGH STUFF):WE PROVIDE FUNDS FOR THE FIRST NIGHT WHEN A CHILD IS REMOVED FROM THEIR HOME, A MOMENT THAT IS DIFFICULT FOR ALL INVOLVED. WE PROVIDE A DUFFEL BAG AND FUNDS FOR NECESSITIES LIKE SEASON-APPROPRIATE CLOTHING AND PAJAMAS TO GIVE THEM SOMETHING OF THEIR OWN IN A STRANGE NEW PLACE. WE ALSO PROVIDE EMERGENCY FUNDS FOR WINTER COATS AND OTHER NECESSITIES FOR CHILDREN ACROSS MASSACHUSETTS.HOLIDAY DRIVE (THE PRESENTS AND STUFF):WE BELIEVE THAT EVERYBODY DESERVES A GIFT DURING THE HOLIDAYS AND WE ARRANGE DONATED GIFTS ACROSS THE STATE AND RAISE FUNDS TO PROVIDE GIFTS FOR CHILDREN AND TEENS.


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Board, Officers & Key Employees

Name (title)Compensation
Erin Murphy Rafferty
CEO
$172,947
Lawrence Begley
Chairman
$0
Lauren Schadt Baker
Vice Chair
$0
Jennifer Porter
Treasurer
$0
Michael Wirvin
Clerk
$0
Linda S Spears
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$203,017
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$7,016,622
Noncash contributions included in lines 1a–1f $2,809,392
Total Revenue from Contributions, Gifts, Grants & Similar$7,219,639
Total Program Service Revenue$0
Investment income $4,461
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$588
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,223,512

Grants Recieved

Over the last fiscal year, we have identified 23 grants that Massachusetts Wonderfund Inc has recieved totaling $713,349.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$203,500
Edgerley Family Foundation

Overland Park, KS

PURPOSE: SUPPORT-GENERAL FUND

$125,000
Rodman For Kids Inc

Foxborough, MA

PURPOSE: TO BENEFIT THE ORGANIZATION AND DISADVANTAGED YOUTHS

$63,313
One8 Foundation

Boston, MA

PURPOSE: HEALTH & HUMAN SERVICES

$50,000
Oneworld Boston Inc

Woburn, MA

PURPOSE: YOUTH WELFARE PROGRAM

$50,000
Herb Chambers Charitable Foundation Inc

Glastonbury, CT

PURPOSE: GENERAL OPERATIONS

$25,000
View Grant Recipient Profile

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