Family Reach Foundation
- Assets
- $6.0m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 45
- Location
- Boston, MA
- Founding
- 08/2003
- Data as of
- 12/2021
- EIN
- 91-2192211
Organization Overview
Family Reach Foundation is located in Boston, MA. The organization was established in 2003. According to its NTEE Classification (G98) the organization is classified as: Pediatrics, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Family Reach Foundation employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Reach Foundation 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 12/2021, Family Reach Foundation generated $8.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $8.2m during the year ending 12/2021. While expenses have increased by 16.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PREVENT AND REDUCE THE FINANCIAL BURDEN OF CANCER FOR PATIENTS AND THEIR FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY RELIEF AND SUPPORT PROGRAM, ALSO KNOWN AS THE FINANCIAL TREATMENT PROGRAM: THROUGH AN EFFECTIVE PROCESS DEVELOPED THROUGH YEARS OF CLOSE COLLABORATION WITH HOSPITAL SOCIAL WORKERS, THE FINANCIAL TREATMENT PROGRAM PROVIDES FOUR ELEMENTS OF SUPPORT: FINANCIAL PLANNING, EDUCATION, NAVIGATION, AND DIRECT FINANCIAL ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carla Tardif Chief Executive Officer | Officer | 40 | $258,308 |
Corey Fick Vice President Of Operations | 40 | $163,120 | |
Joan Russo Vice President Of Development | 40 | $152,667 | |
Rosamund Cunningham Vice President Of Strategy | 40 | $116,664 | |
Tracy Foster President | OfficerTrustee | 3 | $0 |
Richard J Morello Vice President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $187,023 |
| Related organizations | $0 |
| Government grants | $620,437 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,674,366 |
| Noncash contributions included in lines 1a–1f | $31,277 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,481,826 |
| Total Program Service Revenue | $0 |
| Investment income | $2,873 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,484,699 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,011,877 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $290,655 |
| Compensation of current officers, directors, key employees. | $40,921 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,962,641 |
| Pension plan accruals and contributions | $77,053 |
| Other employee benefits | $349,879 |
| Payroll taxes | $285,428 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $90,950 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $116,719 |
| Advertising and promotion | $0 |
| Office expenses | $166,720 |
| Information technology | $57,492 |
| Royalties | $0 |
| Occupancy | $503,403 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,844 |
| Insurance | $16,267 |
| All other expenses | $16,614 |
| Total functional expenses | $8,166,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,981,748 |
| Savings and temporary cash investments | $2,264,934 |
| Pledges and grants receivable | $588,927 |
| 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 | $1,900 |
| Prepaid expenses and deferred charges | $41,284 |
| Net Land, buildings, and equipment | $115,081 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,465 |
| Total assets | $6,034,339 |
| Accounts payable and accrued expenses | $565,180 |
| Grants payable | $0 |
| Deferred revenue | $107,725 |
| 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 | $0 |
| Total liabilities | $672,905 |
| Net assets without donor restrictions | $2,089,557 |
| Net assets with donor restrictions | $3,271,877 |
| 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 | $6,034,339 |
Grants Recieved
Over the last fiscal year, we have identified 23 grants that Family Reach Foundation has recieved totaling $3,601,061.
| Awarding Organization | Amount |
|---|---|
Social Impact Fund Los Angeles, CA PURPOSE: Financial Support Cancer Patients | $1,433,311 |
Abbvie Foundation North Chicago, IL PURPOSE: FAMILY REACH FINANCIAL TREATMENT PROGRAM AND LIFT NETWORK | $800,000 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $322,761 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $322,761 |
Amerisourcebergen Foundation Conshohocken, PA PURPOSE: GENERAL SUPPORT | $235,045 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $105,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family Reach Foundation Boston, MA | $6,034,339 | $8,484,699 |
American Academy Of Pediatrics Inc Waltham, MA | $533,695 | $393,251 |
Pediatric Trauma Society Beverly, MA | $293,212 | $321,489 |
International Society For Pediatric Neurosurgery White Plains, NY | $1,066,835 | $214,825 |
Nidcap Federation Intl Inc Boston, MA | $125,069 | $205,250 |
American Academy Of Pediatrics Inc Smithtown, NY | $280,747 | $0 |
Northeast Pediatric Specialists Inc Hartford, CT | $0 | $88,784 |
Nh Chapter Of The American Academy Of Pediatrics Concord, NH | $93,657 | $0 |
Buffalo Pediatric Society Inc Buffalo, NY | $20,766 | $0 |
Nassau Pediatric Society Inc Great Neck, NY | $9,240 | $0 |