2025-05-14T10:29:43-05:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 1 HIGHWOOD DRIVE TEWKSBURY MA 01876 990 2023-07-01 042438910 HOPEWELL INC HOPE 6176292710 3 ALLIED DRIVE 308 DEDHAM MA 02026 SHAHEER MUSTAFA PRESIDENT/CEO 6176292710 2025-05-13 1 1 MATTHEW KALIL CPA MBA P01517069 9785575300 2025-05-13 2023 2025-03-06 01:10:19Z SHAHEER MUSTAFA 3 ALLIED DRIVE 308 DEDHAM MA 02026 19727796 0 X WWW.HOPEWELLINC.ORG X 1967 MA WE ENRICH THE LIVES AND EXPAND THE OPPORTUNITIES OF CHILDREN, ADULTS, AND FAMILIES IN NEED OF LOVE, SUPPORT, AND SAFE PLACES TO GROW AND THRIVE. 15 14 164 30 0 0 3841758 2303584 20419040 17067438 1292578 83233 0 0 25553376 19454255 0 0 0 0 12509188 10770454 0 0 903244 11263817 9514253 23773005 20284707 1780371 -830452 20186928 18895628 4858889 3472024 15328039 15423604 X WE ENRICH THE LIVES AND EXPAND THE OPPORTUNITIES OF INDIVIDUALS AND FAMILIES IN NEED OF LOVE, SUPPORT, AND SAFE PLACES TO GROW AND THRIVE. 0 0 10449782 11047244 COMPREHENSIVE FOSTER CARE:INTENSIVE FOSTER CARE SERVICES PROVIDING PRIVATE PLACEMENT IN INDIVIDUAL HOMES FOR 357 CHILDREN AND TEENS IN HOPEWELL FOSTER HOMES IN FY24. WE RECRUIT, TRAIN, AND SUPPORT LOVING FOSTER HOMES AND ENSURE THE CHILDREN AND TEENS IN OUR CARE RECEIVE THE RESOURCES AND SUPPORTS THEY NEED. WE WORK TO ENSURE STABILITY AND A PATH TO A PERMANENT HOME, WHETHER THAT'S THROUGH REUNIFICATION WITH THEIR BIRTH FAMILY, A KINSHIP PLACEMENT, ADOPTION, OR LEGAL GUARDIANSHIP. 1506247 1592201 RESIDENTIAL SERVICES:IN FY24, WE SUPPORTED 37 ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES THROUGH 2 MAIN PATHWAYS: (1) SUPPORTING THE INDEPENDENCE OF INDIVIDUALS LIVING ON THEIR OWN INCLUDING PARENTING SUPPORT FOR THOSE WITH CHILDREN; AND (2) A SHARED LIVING PROGRAM FOR THOSE WHO NEED MORE SUPPORT. THIS PROGRAM MATCHES EACH PERSON WITH A LOCAL CAREGIVER, WHO WE RECRUIT, TRAIN, AND SUPPORT AS THEY HELP EACH INDIVIDUAL PURSUE INDEPENDENCE, LIVE WITH DIGNITY, AND ENGAGE AS A FULL MEMBER OF THEIR COMMUNITY.MY FIRST PLACE:MY FIRST PLACE SUPPORT YOUNG PEOPLE WHO ARE "AGING OUT" OF THE FOSTER CARE SYSTEM AS THEY TRANSITION INTO ADULTHOOD. WE PROVIDE SHARED, RENT-FREE APARTMENTS. WITH A STABLE PLACE TO CALL HOME AND INDIVIDUALIZED EDUCATION AND EMPLOYMENT SUPPORTS AND CASE MANAGEMENT FROM OUR TEAM, YOUTH FOCUS ON THEIR GOALS, BUILD COMMUNITY, AND ESTABLISH FOUNDATIONS FOR LONG-TERM SELF-SUFFICIENCY. IN FY24 HOPEWELL SERVED 36 YOUTH THROUGH MY FIRST PLACE. 2630999 4176065 COUNSELING SERVICES:FAMILY SUPPORT & STABILIZATION - HOPEWELL SUPPORTED APPROXIMATELY 1,170 CHILDREN AND FAMILY MEMBERS THROUGH OUR FAMILY SUPPORT & STABILIZATION PROGRAM IN FY24. THE GOAL OF THE PROGRAM IS TO KEEP MORE FAMILIES INTACT AND REDUCE THE NUMBER OF CHILDREN IN FOSTER CARE BY SUPPORTING FAMILIES INVOLVED WITH THE CHILD WELFARE SYSTEM WHO ARE WORKING TO MAINTAIN OR REGAIN CUSTODY OF THEIR CHILDREN. OUR STAFF, INCLUDING CLINICAL AND SOCIAL WORK PROFESSIONALS, PROVIDE A COMBINATION OF INTENSIVE HOME-BASED THERAPEUTIC SUPPORT AND REFERRALS TO COMMUNITY SERVICES TO HELP FAMILIES NAVIGATE THE EFFECTS OF TRAUMA, RECOGNIZE STRENGTHS, PRACTICE EFFECTIVE PARENTING AND CONFLICT RESOLUTION SKILLS, ENGAGE IN PROBLEM SOLVING, AND MAKE PROGRESS TOWARD THEIR GOALS. 863944 251928 RISE (EDUCATION SUPPORT):OUR RISE PROGRAM SEEKS TO ADVANCE EDUCATION EQUITY FOR CHILDREN EXPERIENCING FOSTER CARE BECAUSE THEY FACE SOME OF THE LARGEST EDUCATIONAL OPPORTUNITY GAPS AMONG ANY GROUP OF CHILDREN. THE PROGRAM IS SPECIALLY-DESIGNED TO MEET THE UNIQUE NEEDS OF K-3 STUDENTS WHO ARE EXPERIENCING FOSTER CARE: CHILDREN RECEIVE PERSONALIZED 1:1 LITERACY TUTORING IN THEIR HOMES MULTIPLE TIMES EACH WEEK. EACH SESSION INCLUDES EMBEDDED OPPORTUNITIES TO PRACTICE SOCIAL-EMOTIONAL SKILLS. CAREGIVERS RECEIVE SUPPORT SO THEY CAN ADVOCATE FOR THEIR CHILD AND PROMOTE LEARNING. THE PROGRAM ALSO COORDINATES SERVICES AND INFORMATION-SHARING AMONG SCHOOLS, FAMILIES, AND THE DEPARTMENT OF CHILDREN AND FAMILIES (DCF). FY24 MARKED THE PROGRAM'S THIRD YEAR OF OPERATION, DURING WHICH IT SERVED 39 CHILDREN. 863944 251928 15450972 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 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 28 0 1 164 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 MA X THE ORGANIZATION 6176292710 3 ALLIED DRIVE 308 DEDHAM MA 02026 ELIOT T PUTNAM JR DIRECTOR (UNTIL DEC '23) 1.00 X 0 0 0 ALISON R QUINAN DIRECTOR 1.00 X 0 0 0 ANTHONY BRITT DIRECTOR 1.00 X 0 0 0 ADRIANO VARANO DIRECTOR 1.00 X 0 0 0 QUINN PHILLIPS DIRECTOR 1.00 X 0 0 0 HEATHER MACK DIRECTOR 1.00 X 0 0 0 NEHIA AL-SHANNIEK DIRECTOR 1.00 X 0 0 0 ADAM BENJAMIN DIRECTOR 1.00 X 0 0 0 BEVERLEY DOHERTY DIRECTOR 1.00 X 0 0 0 SHAY EDMOND DIRECTOR 1.00 X 0 0 0 MELANIE FOLEY DIRECTOR 1.00 X 0 0 0 JAMES A MCDANIEL CHAIRMAN 1.00 X X 0 0 0 CASEY STRATFORD TREASURER 1.00 X X 0 0 0 CHARLES CABOT III CLERK 1.00 X X 0 0 0 SHAHEER MUSTAFA PRESIDENT/CEO 35.00 X X 347602 0 44719 DOMINIQUE CADET ASST. CLERK 0.00 X 0 0 0 RICHARD VOCCIO CHIEF FINANCIAL OFF. (SINCE JUN'23) 35.00 X 101311 0 25426 LISA ROWAN-GILLIS CHIEF DEVELOPMENT OFFICER 35.00 X 243840 0 33857 LEAH JANEY CHIEF HUMAN RESOURCES OFFICER 35.00 X 202955 0 26759 AMY SCHNEIDER VP PROG. IMPACT & STRATEGY 35.00 X 171845 0 20509 JULIA B SEGOVIA VP RESEARCH, POLICY & LEARNING 35.00 X 161488 0 37125 IMANI Z SEUNARINE BACCI VP CHILD & FAMILY PROGRAMS 35.00 X 155372 0 33632 1384413 0 222027 12 0 1 0 JAKE NELLY & ASSOCIATES PO BOX 240535 BOSTON MA 02124 TEMPORARY STAFFING 260032 THE AMARAL GROUP LLC 125 CAMBRIDGE DRIVE SUITE 301 CAMBRIDGE MA 02140 COMPUTER/IT SUPPORT 186911 BDO 100 PARK AVENUE NEW YORK NY 10017 ACCOUNTING SOFTWARE & CONSULTANTS 121441 3 2303584 2303584 CONTRACT REVENUE 624100 16899542 16899542 CLIENT FEES 624100 167896 167896 17067438 249274 249274 107500 273541 -166041 -166041 -166041 19454255 17067438 0 83233 700174 700174 7546386 5164677 1851438 530271 313368 261150 39760 12458 1598151 1261984 275968 60199 612375 470679 119243 22453 101816 101816 24207 24207 395257 125064 158043 112150 156242 120424 12309 23509 367025 162104 152002 52919 1240455 977841 215370 47244 313718 295491 15698 2529 7997 4440 3557 272986 187753 75503 9730 251610 168186 77883 5541 FOSTER PARENT/SHARED LI 5601022 5601022 CLOTHING & BIRTHDAY SUP 277766 277766 RECREATION & YOUTH EXPE 213705 213705 MISCELLANEOUS 97807 91140 6667 192640 67546 107520 17574 20284707 15450972 3930491 903244 3452193 1155472 976062 980000 1720965 1402562 268789 446590 4392042 1395011 1958225 2997031 9191967 9943290 2618727 1970683 20186928 18895628 1543385 1485377 3315504 1986647 4858889 3472024 X 14323580 14101722 1004459 1321882 15328039 15423604 20186928 18895628 -830452 926017 0 X X 0 1 X 1 0 X 514915 2783865 674598 3841758 2303584 10118720 514915 2783865 674598 3841758 2303584 10118720 3246744 6871976 39122 89471 2271 84115 249274 464253 10582973 98777059 0.64930 0.70590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 0 0 1 58626 58626 0 PART II-B, LINE 1: THE ORGANIZATION INCURRED EXPENSES DEVELOPING AND MAINTAINING RELATIONSHIPS WITH MASSACHUSETTS STATE REPRESENTATIVES AND SENATORS. THIS WORK INCLUDED OUTREACH AND ONGOING MEETINGS WITH LEGISLATORS FOR SUPPORT OF SPECIFIC CHILD WELFARE RELATED BILLS AND INITIATIVES PRIORITIZED BY THE ORGANIZATION. DURING THIS FISCAL YEAR, THE ORGANIZATION SEVERED ITS TIE WITH THE EXISTING OUTSIDE CONSULTANTS AND INSTEAD HIRED AN ADDITIONAL STAFF MEMBER TO MANAGE THE DAY-TO-DAY LOBBYING AND POLICY OPERATIONS. OTHER ACTIVITIES (LINE 1I) ARE MADE UP OF THE FOLLOWING: THE ORGANIZATION INCURRED $36,806 IN SALARY EXPENSE, $17,032 ALLOCATED OCCUPANCY AND DEPRECIATION, $1,615 IN PROFESSIONAL FEES, $1,221 TRAVEL EXPENSE, $280 FOR SUBSCRIPTIONS AND PUBLICATIONS, AND $1,672 FOR INSURANCE. 0 0 572200 572200 2366630 97168 2269462 141483 130886 10597 718081 663558 54523 593648 503399 90249 2997031 OPERATING LEASE RIGHT-OF-USE ASSETS 1849959 FINANCE LEASE RIGHT-OF-USE ASSETS 120724 1970683 OPERATING LEASE LIABILITIES 1868547 FINANCE LEASE LIABILITY 118100 1986647 X 20405081 926017 49016 975033 19430048 24207 24207 19454255 20309516 49016 49016 20260500 24207 24207 20284707 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON TRADE OR BUSINESS PROFITS GENERATED BY ACTIVITIES RELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. THE ORGANIZATION MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES FOR PROFITS GENERATED FROM TRADE OR BUSINESS ACTIVITIES UNRELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. AS OF JUNE 30, 2024, MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NOT GENERATED ANY UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION ASSESSES THE RECORDING OF UNCERTAIN TAX POSITIONS BY EVALUATING THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNCERTAIN TAX POSITIONS AS A COMPONENT OF INCOME TAX EXPENSE, IF ANY, IN ITS STATEMENTS OF ACTIVITIES. THE ORGANIZATION HAS NOT RECOGNIZED ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED BENEFITS AS OF JUNE 30, 2024 THE ORGANIZATION DOES NOT EXPECT ANY MATERIAL CHANGE IN UNCERTAIN TAX BENEFITS WITHIN THE NEXT 12 MONTHS. X 0 0 X X X 0 0 0 0 0 0 0 0 0 SHAHEER MUSTAFA PRESIDENT/CEO 307602 0 40000 0 0 0 19800 0 24919 0 392321 0 0 0 LISA ROWAN-GILLIS CHIEF DEVELOPMENT OFFICER 238840 0 5000 0 0 0 15031 0 18826 0 277697 0 0 0 LEAH JANEY CHIEF HUMAN RESOURCES OFFICER 195955 0 7000 0 0 0 9435 0 17324 0 229714 0 0 0 JULIA B SEGOVIA VP RESEARCH, POLICY & LEARNING 156488 0 5000 0 0 0 10277 0 26848 0 198613 0 0 0 AMY SCHNEIDER VP PROG. IMPACT & STRATEGY 168845 0 3000 0 0 0 10780 0 9729 0 192354 0 0 0 IMANI Z SEUNARINE BACCI VP CHILD & FAMILY PROGRAMS 152372 0 3000 0 0 0 6528 0 27104 0 189004 0 0 0 PART I, LINE 1A THE ORGANIZATION REIMBURSES SHAHEER MUSTAFA, PRESIDENT/CEO 50% OF THE COST OF MEMBERSHIP DUES TO A SOCIAL CLUB. THE REIMBURSEMENT WAS NOT TREATED AS TAXABLE COMPENSATION. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT WORKS WITH AN INDEPENDENT CPA FIRM TO PREPARE AND FILE THE FORM 990. A DRAFT OF THE FORM 990 IS THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER WITH THE MEMBERS OF THE FINANCE & AUDIT COMMITTEE FOR THEIR REVIEW AND DISCUSSION. A COPY OF THE FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS BY THE ORGANIZATION PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE WRITTEN CONFLICTS OF INTEREST POLICY BY REQUIRING ALL EMPLOYEES AND BOARD MEMBERS TO AVOID PERSONAL ACTIVITIES, COMMITMENTS, OWNERSHIP INTERESTS, AND OTHER ARRANGEMENTS THAT MAY OR WILL COMPROMISE THEIR PRIMARY DUTY OF LOYALTY TO HOPEWELL. ALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO ENSURE THAT PERSONAL ACTIVITIES, COMMITMENTS, AND OWNERSHIP INTERESTS OUTSIDE HOPEWELL DO NOT CREATE ANY ACTUAL OR PERCEIVED CONFLICT OF INTEREST. FOR INSTANCE, EMPLOYEES AND BOARD MEMBERS MAY NOT SEEK TO INDUCE HOPEWELL TO ENTER INTO A BUSINESS RELATIONSHIP OR TRANSACTION WITH AN ENTITY IN WHICH THE EMPLOYEE, BOARD MEMBER OR A FAMILY MEMBER HAVE A FINANCIAL INTEREST, UNLESS THEY FIRST DISCLOSE THE EXISTENCE AND NATURE OF THAT FINANCIAL INTEREST. SIMILARLY, EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO AVOID USING HOPEWELL'S CONTACTS TO ADVANCE THEIR PRIVATE BUSINESS OR PERSONAL INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE ANNUALLY REVIEWS THE PRESIDENT'S AND THE KEY EMPLOYEES' COMPENSATION BY USING MULTIPLE PUBLISHED COMPARABILITY DATA SOURCES INCLUSIVE OF COMPARABLE COMPENSATION OBTAINED FROM AGENCY UFRS AND FORM 990S. THE COMMITTEE MAKES FINDINGS AS TO REASONABLENESS OF COMPENSATION AND THEN RECOMMENDS COMPENSATION THAT ARE REVIEWED WITH THE FULL BOARD OF DIRECTORS. THE MINUTES OF THE MEETING ARE RECORDED AND ANY SUPPLEMENTAL INFORMATION IS DOCUMENTED. THE COMMITTEE IS ALSO RESPONSIBLE FOR THE ANNUAL REVIEW OF THE PRESIDENT'S ANNUAL PERFORMANCE. THE RESULTS OF THE ANNUAL REVIEW ARE REVIEWED WITH THE FULL BOARD OF DIRECTORS. THE MINUTES OF THE MEETING ARE RECORDED AND ANY SUPPLEMENTAL INFORMATION IS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT FOR THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE YEAR.