Safe Futures Inc
- Assets
- $4.9m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 54
- Location
- New London, CT
- Founding
- 01/1977
- Data as of
- 06/2022
- EIN
- 06-0950718
Organization Overview
Safe Futures Inc is located in New London, CT. The organization was established in 1977. According to its NTEE Classification (P43) the organization is classified as: Family Violence Shelters, under the broad grouping of Human Services and related organizations. As of 06/2022, Safe Futures Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Safe Futures 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, Safe Futures Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $3.2m during the year ending 06/2022. While expenses have increased by 7.6% 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
TO SAVE LIVES, RESTORE HOPE AND CHANGE THE FUTURE FOR THOSE IMPACTED BY DOMESTIC VIOLENCE, SEXUAL ASSAULT, TRAFFICKING AND STALKING IN SOUTHEASTERN CONNECTICUT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SERVICES TO 9941 VICTIMS/SURVIVORS OF DOMESTIC VIOLENCE AND SEXUAL ASSAULT EMERGENCY ASSISTANCE AND SUPPORT, INCLUDING CRISIS INTERVENTION SERVICES, GENERAL ADVOCACY, SAFETY PLANNING, COURT-BASED ADVOCACY, SUPPORT GROUPS, INFORMATION AND REFERRALS, AND SUPPORTIVE SERVICES FROM THE MAIN OFFICE AND ONE SATELLITE LOCATION.
PROVIDED APPROXIMATELY 202 WOMEN, CHILDREN AND MEN FLEEING DOMESTIC VIOLENCE SITUATION WITH SAFE CONFIDENTIAL EMERGENCY SHELTER; FOOD, CLOTHING AND PERSONAL CARE ITEMS; CRISIS INTERVENTION SERVICES; CASE MANAGEMENT; ADVOCACY AND SUPPORT SERVICES.
PROVIDED SERVICES TO 41 WOMEN, CHILDREN, AND MEN WHO WERE HOMELESS DUE TO ABUSE, IN OUR ON-SITE TRANSITIONAL HOUSING PROGRAM AND 19 WOMEN, CHILDREN, AND MEN WHO WERE HOMELESS DUE TO ABUSE IN OUR SCATTERED SITE TRANSITIONAL HOUSING PROGRAM; 24 WOMEN, MEN AND CHILDREN IN OUR SCATTERED SITE PERMANENT SUPPORTIVE HOUSING PROGRAM AND 10 WOMEN AND CHILDREN IN OUR ON-SITE PERMANENT SUPPORTIVE HOUSING PROGRAM; AND 13 WOMEN WHO WERE HOMELESS DUE TO ABUSE IN ON-SITE SHORT-TERM SAFE LIVING PROGRAM FOR VICTIMS ON THEIR JOURNEY TO RECOVERY FROM SUBSTANCE ABUSE. ADDITIONALLY WE SERVED 61 INDIVIDUALS IN OUR RAPID REHOUSING PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Verano Exec. Officer | Officer | 35 | $207,418 |
Patricia Lapierre Secretary | OfficerTrustee | 2 | $0 |
Laura L Mooney President | OfficerTrustee | 2 | $0 |
Gregory Massad ESQ Vice President | OfficerTrustee | 2 | $0 |
Andrew R Barker Treasurer | OfficerTrustee | 2 | $0 |
Peter H Eliel Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bartelli Home Improvement Llc Construction | 6/29/18 | $132,299 |
Dynamic Alliance It Services | 6/29/18 | $127,965 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $53,540 |
| Related organizations | $0 |
| Government grants | $1,800,706 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,358,832 |
| Noncash contributions included in lines 1a–1f | $338,125 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,213,078 |
| Total Program Service Revenue | $43,638 |
| Investment income | -$30,261 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,176 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,246,274 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $145,455 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $227,585 |
| Compensation of current officers, directors, key employees. | $17,046 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,723,111 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $174,885 |
| Payroll taxes | $143,779 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,100 |
| Fees for services: Accounting | $15,940 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,352 |
| Advertising and promotion | $105 |
| Office expenses | $0 |
| Information technology | $33,254 |
| Royalties | $0 |
| Occupancy | $165,609 |
| Travel | $4,316 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $56,984 |
| Interest | $8,848 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $117,613 |
| Insurance | $30,210 |
| All other expenses | $57,206 |
| Total functional expenses | $3,241,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,030,184 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $441,256 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $125,326 |
| Net Land, buildings, and equipment | $3,124,364 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $222,748 |
| Total assets | $4,943,878 |
| Accounts payable and accrued expenses | $331,331 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $499,187 |
| Total liabilities | $830,518 |
| Net assets without donor restrictions | $3,497,791 |
| Net assets with donor restrictions | $615,569 |
| 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 | $4,943,878 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Safe Futures Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
James P Shea And Mary E Shea Perpetual Trust Dallas, TX PURPOSE: GENESIS HOUSE EMERGENCY | $10,000 |
Endowment Analysis
| Beg. Balance | $212,425 |
| Earnings | -$33,864 |
| Ending Balance | $178,561 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Providence House Inc Brooklyn, NY | $11,799,175 | $12,655,263 |
Center For The Elimination Of Violence In The Family In The Family Inc New York, NY | $9,460,119 | $8,697,198 |
The Safe Center Li Inc Bethpage, NY | $2,855,738 | $7,306,002 |
Center For Safety & Change Inc New City, NY | $3,967,929 | $6,915,695 |
New York Asian Womens Center Inc New York, NY | $8,928,323 | $11,674,247 |
Violence Intervention Program New York, NY | $4,083,768 | $6,193,892 |
Retreat Inc East Hampton, NY | $4,862,145 | $6,323,052 |
Willow Domestic Violence Center Of Greater Rochester Inc Rochester, NY | $6,348,046 | $4,729,045 |
Y W C A Of The Mohawk Valley Utica, NY | $2,053,721 | $3,990,438 |
Independence House Inc Hyannis, MA | $3,439,495 | $4,660,983 |
New Bedford Womens Center Inc New Bedford, MA | $2,527,443 | $3,733,458 |
Safe Futures Inc New London, CT | $4,943,878 | $3,246,274 |