2024-11-15T07:41:51-06:00 2023-12-31 821747014 LYNCH FINK HARRINGTON & GRAY LLP 6 BEACON STREET SUITE 415 BOSTON MA 02108 990 2023-01-01 455538995 FURNISHING HOPE OF MASSACHUSETTS INC FURN 8572297528 131 MOUNT AUBURN STREET LEVEL B CAMBRIDGE MA 02138 SUZANNE L PALITZ PRESIDENT & TREASURER 8572297528 2024-11-15 1 0 PETER W FINK ESQ P00635003 6179510800 2024-11-12 2023 2024-10-15 13:58:12Z SUZANNE L PALITZ 4 CHANNING STREET CAMBRIDGE MA 02138 220820 0 X WWW.FURNISHINGHOPEMA.ORG X 2012 MA COLLECTING AND WAREHOUSING HOUSEHOLD GOODS FOR DISTRIBUTION AND DELIVERY TO POOR, NEEDY OR DISTRESSED INDIVIDUALS AND FAMILIES IN NEED OF FINANCIAL ASSISTANCE, IN COOPERATION WITH AND/OR UPON REFERRAL BY CHARITABLE AND OTHER ORGANIZATIONS THAT SERVE SUCH DISADVANTAGED INDIVIDUALS OR GROUPS. 7 7 1 30 6 0 161677 210720 0 10094 6 6 0 0 161683 220820 61505 62938 0 0 54521 47114 0 0 3468 87704 73909 203730 183961 -42047 36859 26926 63785 0 0 26926 63785 X COLLECTING AND WAREHOUSING HOUSEHOLD GOODS FOR DISTRIBUTION AND DELIVERY TO POOR, NEEDY OR DISTRESSED INDIVIDUALS AND FAMILIES IN NEED OF FINANCIAL ASSISTANCE, IN COOPERATION WITH AND/OR UPON REFERRAL BY CHARITABLE AND OTHER ORGANIZATIONS THAT SERVE SUCH DISADVANTAGED INDIVIDUALS OR GROUPS. 0 0 41287 58673 FURNISHING HOPE OF MASSACHUSETTS WAS FOUNDED IN 2012. IT OPERATES ON FORMAL WRITTEN AGREEMENTS WITH OTHER ORGANIZATIONS TO PROVIDE BASIC FURNITURE AND HOUSEHOLD GOODS TO CLIENTS. ALL CLIENTS RECEIVING FURNITURE ARE IDENTIFIED, QUALIFIED AND FURTHER SUPPORTED BY THE REFERRING AGENCY.IN 2023,RECOVERY FROM THE PANDEMIC CONCLUDED. THE ORGANIZATION'S ACTIVITIES CONTINUE TO THRIVE, COLLECTING FURNITURE DONATIONS AND WE ELIMINATED OUR WAREHOUSE STORAGE COSTS THROUGH A COLLABORATION WITH HOUSEHOLD GOODS OF ACTON, MA [NON-PROFIT], A SAVINGS OF OVER $20,000.00. THE ORGANIZATION MAINTAINED ITS ARRANGEMENTS WITH 24 OF THE REFERRAL AGENCIES, ADDING 5 NEW AGENCIES IN 2023. IN CONNECTION WITH THESE REFERRALS, THE ORGANIZATION DISTRIBUTED INVENTORY HAVING A VALUE OF $62.937.59, OBTAINED THROUGH IN-KIND DONATIONS, TO 79 FAMILIES [129 CHILDREN/89 ADULTS]. THE ORGANIZATION PURCHASED AND DISTRIBUTED ADDITIONAL INVENTORY VALUED AT $4,265.13.PROGRAM EXPENSES OF $41,286.75 REPRESENT MOVING EXPENSES FOR PICK-UP AND DELIVERY OF INVENTORY TO THE ORGANIZATION'S CLIENTS.2023 THE NUMBER OF INDIVIDUAL ITEMS OF FURNITURE DELIVERED WAS 8,968. [INCLUDES FURNITURE AND HOME GOODS]INVENTORY VALUES ARE BASED ON THE PURCHASE PRICE OF NEW ITEMS AND VALUATION GUIDELINES, BASED ON THRIFT STORE VALUES, PUBLISHED BY SIMILAR ORGANIZATIONS FOR USED ITEMS. 58779 HAVING INVENTORY OF $62,833.67 TO DISTRIBUTE THESE INKIND DONATIONS, THE ORGANIZATION INCURRED $41,286.75 TO COVER DELIVERY AND PICK UP EXPENSES. THE ORGANIZATION RECEIVED IN-KIND DONATIONS FROM 66 INDIVIDUALS SOME DIRECTLY AND SOME INDIVIDUALS WHO MADE DONATIONS INDIRECTLY THROUGH FOR-PROFIT ORGANIZATIONS WITH WHICH THE ORGANIZATION HAS AGREEMENTS IN PLACE. 2023 THERE WERE NO EXPENSES INCURRED TO COVER STORAGE COSTS [2022 STORAGE EXPENSES WERE $19,483.33 AND APPROXIMATELY $2,200.00 FOR INSURANCE].2023 THE NUMBER OF INDIVIDUAL ITEMS OF FURNITURE DELIVERED WAS 8,968. [INCLUDES FURNITURE AND HOME GOODS] 4265 4265 IN FURTHERANCE OF ITS MISSION TO PROVIDE FAMILIES WITH THE GOODS NECESSARY TO FULLY FURNISH THEIR HOME, INCLUDING COMMON HOUSEHOLD GOODS, THE ORGANIZATION PURCHASED $4,265.13 OF NEW HOUSEHOLD ITEMS. THE ORGANIZATION COMBINED THE PURCHASED ITEMS WITH DONATED INVENTORY VALUED AT $8,354.95 THUS CREATING THE "STARTER SETS" WITH A COMBINED VALUE OF $12,620.08 DISTRIBUTED TO FAMILIES. 6320 THE ORGANIZATION RESUMED TWO FUNDRAISING EVENTS, SILENT AUCTION AND ICE PARTY/RAFFLE. THESE EVENTS ARE HELD TO FUTHER THE ORGANIZATION'S EXEMPT PURPOSE. THE AUCTION RECEIVED GROSS REVENUE OF $6,320. 3774 THE ORGANIZATION RESUMED TWO FUNDRAISING EVENTS, SILENT AUCTION AND ICE PARTY/RAFFLE. THESE EVENTS ARE HELD TO FUTHER THE ORGANIZATION'S EXEMPT PURPOSE. THE ICE PARTY/RAFFLE RECEIVED GROSS REVENUE OF $3,774.00. 10094 104331 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 MA X SUZANNE L PALITZ 8572297528 4 CHANNING STREET CAMBRIDGE MA 02138 X SUZANNE L PALITZ PRESIDENT, TREASURER, DIRE 30.00 X X 0 0 0 MARCIE BEHMAN DIRECTOR 10.00 X 0 0 0 MARCIA HEAD DIRECTOR 10.00 X 0 0 0 GAIL ROBERTS DIRECTOR 10.00 X 0 0 0 ELIZABETH VERNON DIRECTOR 10.00 X 0 0 0 ED FEIJO DIRECTOR 10.00 X 0 0 0 DENISE JILLSON DIRECTOR 10.00 X 0 0 0 SUSAN M HARRINGTON CLERK 10.00 X 0 0 0 0 0 0 0 0 0 0 0 210720 54403 210720 AUCTION 624100 6320 6320 RAFFLE/ICE PARTY TICKE 624100 3774 3774 10094 6 6 220820 0 6 10094 62938 62938 47114 47114 5146 5146 920 920 2364 2364 19320 19320 65 65 817 817 PICK-UP AND DELIVERY CH 41287 41287 FUNDRAISING EXPENSES [I 1798 1798 SHOPIFY/ZOHO 853 853 SQUARE PROCESSING FEES 543 543 796 106 416 274 183961 104331 76162 3468 16797 54079 10030 9672 1496 1462 99 34 26926 63785 0 0 X 0 0 0 0 26926 63785 26926 63785 26926 63785 36859 0 X 0 0 0 X 175986 175864 222883 161683 220769 957185 175986 175864 222883 161683 220769 957185 311712 645473 5 5 4 6 6 26 957211 0.67430 0.65510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1496 1462 34 34 1 DISTRIBUTION OF FURNISHINGS AND OTHER HOMEGOODS 62884 REPLACEMENT VALUE IN-KIND DISTRIBUTIONS OF FURNISHINGS AND HOMEGOODS WERE MADE TO 77 FAMILIES COMPRISED OF MULTIPLE INDIVIDUALS EACH. PART I, LINE 2: THE ORGANIZATION RELIES UPON REFERRAL AGENCIES, WHICH ARE THEMSELVES SECTION 501(C)(3) CHARITABLE ORGANIZATIONS, TO DETERMINE WHICH INDIVIDUALS AND FAMILIES ARE ELIGIBLE FOR ASSISTANCE. INFORMATION OBTAINED BY THE REFERRAL AGENCIES TO DETERMINE ELIGIBILITY IS RETAINED BY THE REFERRAL AGENCIES AND MADE AVAILABLE FOR INSPECTION BY THE ORGANIZATION ON AN AS-NEEDED BASIS. X 62884 REPLACEMENT VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY EACH OFFICER. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION PERIODICALLY REVIEWS WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. THE ORGANIZATION PERIODICALLY REVIEWS WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. WHEN CONDUCTING PERIODIC REVIEWS, THE ORGANIZATION MAY USE OUTSIDE ADVISORS. ADDITIONALLY, ALL DIRECTORS AND OFFICERS OF THE ORGANIZATION MUST DISCLOSE WHEN THEY HAVE A PERSONAL, BUSINESS, FAMILIAL OR OTHER INTEREST IN A TRANSACTION INVOLVING THE ORGANIZATION. ALL SUCH INTERESTS MUST BE DISCLOSED TO THE BOARD AND RECEIVE PROPER APRPOVAL BY DISINTERESTED MEMBERS BEFORE THE TRANSACTION MAY TAKE PLACE. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. THE OUTREACH FOUNDATION C/O SUZANNE L PALITZ 4 CHANNING ST CAMBRIDGE MA 02138 316649882 CHARITABLE FOUNDATION MA 501(C)(3) LINE 12D, III-O N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0