2023-11-15T15:34:13-06:00 2023-06-30 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 02129 990 2022-07-01 042104268 DOUGLAS A THOM CLINIC INC DOUG 5086555222 1661 WORCESTER ROAD 501 FRAMINGHAM MA 01701 GRETCHEN R OWENS EXECUTIVE DIRECTOR 5086555222 2023-11-14 1 GRETCHEN OWENS 999009999 0 KAREN LO P01434915 6179129000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X GRETCHEN R OWENS 1661 WORCESTER ROAD 501 FRAMINGHAM MA 01701 41168004 0 X HTTP://WWW.THOMCHILD.ORG X 1933 MA PERFORM EARLY INTERVENTION SERVICES FOR AT RISK CHILDREN BETWEEN THE AGES OF 0-3 YEARS. 8 8 669 9 323398 0 6332562 5412834 33609580 35749005 10246 6165 0 0 39952388 41168004 0 0 0 0 31881651 33749290 0 0 64846 7170315 6807402 39051966 40556692 900422 611312 22669383 24553436 8048911 9315919 14620472 15237517 PERFORM EARLY INTERVENTION SERVICES FOR AT RISK CHILDREN BETWEEN THE AGES OF 0 - 3 YEARS. 0 0 34867951 34858841 OPERATED 10 EARLY INTERVENTION PROGRAMS SERVING CHILDREN AT RISK, AGES 0-3. 576792 323398 ADMINISTRATIVE AND SOFTWARE SERVICES OPERATED TO SUPPORT OUR EARLY INTERVENTION PROGRAM, OUR REGIONAL CONSULTATION PROGRAM, AND OTHER OUTSIDE EARLY INTERVENTION SERVICE PROVIDERS. 247418 243368 REGIONAL CONSULTATION PROGRAM FOR CHILDREN WITH SPECIAL HEALTHCARE NEEDS, INCLUDING FAMILY SUPPORT. 35692161 1 1 0 0 0 1 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 60 0 1 669 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 1 1 0 1 1 1 1 1 1 0 0 MA X GRETCHEN R OWENS 5086555222 1661 WORCESTER ROAD SUITE 501 FRAMINGHAM MA 01701 MICHELLE GAUGHRAN PRESIDENT 0.50 X X 0 0 0 JO-ANNE GILBODY VICE PRESIDENT 0.50 X X 0 0 0 LOUIS R COHEN TREASURER 0.50 X X 0 0 0 FREDERICK FORTMILLER BOARD MEMBER (UNTIL 12/31/22) 0.50 X 0 0 0 JAMES HOULARES BOARD MEMBER 0.50 X 0 0 0 ALISON WHITE BOARD MEMBER 0.50 X 0 0 0 ARTHUR W HUGHES BOARD MEMBER 0.50 X 0 0 0 PAMELA PALMUCCI BOARD MEMBER 0.50 X 0 0 0 CHRYSTINA SOLOPETRO BOARD MEMBER 0.50 X 0 0 0 GRETCHEN OWENS EXECUTIVE DIRECTOR 40.00 X 276171 0 32413 TANYA MATEER DIRECTOR OF FINANCE 40.00 X 243746 0 3102 EDHY RIJO SOFTWARE DEVELOPER 40.00 X 218959 0 34260 ROBERT GAGNON DIRECTOR OF PROGRAM SVC. 40.00 X 222348 0 2197 ANNE MARSH PROGRAM DIRECTOR 40.00 X 153271 0 12653 AISHA ABDUL-WAHAB DIRECTOR OF HUMAN RESOURCE 40.00 X 159971 0 4265 JOHN BEEVERS DIRECTOR OF IT 40.00 X 170581 0 10019 1445047 0 98909 17 0 1 0 CHERRY BEKAERT ADVISORY LLP PO BOX 25549 RICHMOND VA 23260 SPECIALTY SERVICE PROVIDER 767730 CORETELLIGENT 34 SOUTHWEST PARK WESTWOOD MA 02090 COMPUTER SERVICES 427850 RSM US LLP 5155 PAYSPHERE CIRCLE CHICAGO IL 60674 ACCOUNTING SERVICES 127257 ROPES & GRAY LLP PO BOX 70280 PHILADELPHIA PA 19176 LEGAL SERVICES 100227 4 5283303 129531 5412834 PATIENT REVENUE 624100 35425607 35425607 BILLINGS & SUPPORT REVENUE 561499 323398 323398 35749005 6165 6165 41168004 35425607 323398 6165 520060 505231 14829 28225959 26859323 1334840 31796 143097 132011 11086 2671486 2244243 423914 3329 2188688 2051228 137187 273 121797 121797 101337 101337 826085 211625 612723 1737 88 88 617923 306313 309256 2354 1087500 523629 557459 6412 2020406 1754459 264776 1171 738712 726584 11990 138 1266 1266 253190 36107 217083 131622 36502 92596 2524 PROGRAM SUPPORT 647196 615035 32161 TAXES AND LICENSING 117368 81201 36167 STAFF TRAINING 86540 86540 DUES AND SUBSCRIPITIONS 56372 27361 28728 283 40556692 35692161 4799685 64846 13277111 13742327 15626 15644 2405914 343306 5777637 5127961 228053 81566 2728158 1646659 873148 1081499 40757 48133 51137 4113000 22669383 24553436 7390974 5136909 657937 238278 0 3940732 8048911 9315919 X 12459387 14681938 2161085 555579 14620472 15237517 22669383 24553436 611312 5733 0 X 0 1 X 1 1 1 X 51903 74990 6072932 6332562 5412834 17945221 51903 74990 6072932 6332562 5412834 17945221 17945221 3445 10000 8890 10246 6165 38746 8147 8147 17992114 207556663 0.99740 0.99310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 3962 1 1 820597 314562 506035 642927 393907 249020 80635 75754 4881 1183999 862436 321563 1081499 DEPOSIT & CASH SURRENDER VALUE 69230 RIGHT OF USE ASSETS 4043770 4113000 OPERATING LEASE LIABILITIES 3906868 FINANCE LEASE LIABILITIES 33864 3940732 X 41173737 5733 5733 41168004 0 41168004 40556692 0 40556692 0 40556692 PART X, LINE 2: THE CLINIC WAS INCORPORATED IN 1933 UNDER MASSACHUSETTS GENERAL LAWS CHAPTER 180, AND IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE). THE CLINIC IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON ITS RELATED BUSINESS INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE CLINIC RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT EVALUATED THE CLINIC'S TAX POSITIONS AND CONCLUDED THAT THE CLINIC HAD NO MATERIAL UNCERTAINTIES IN INCOME TAXES AS OF JUNE 30, 2023 AND 2022. THE CLINIC IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THREE YEARS FROM THE FILING DATE. THE CLINIC WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS A PART OF TAX EXPENSE. AT JUNE 30, 2023 AND 2022, THE CLINIC HAD NET OPERATING LOSS (NOL) CARRYFORWARDS TOTALING $4,503,784 AND $4,264,923, RESPECTIVELY. AS THE CLINIC DOES NOT BELIEVE IT WILL BE ABLE TO UTILIZE ANY NOL CARRYFORWARDS, NO DEFERRED TAX ASSET HAS BEEN RECORDED. X X X 0 0 0 0 0 0 0 1 0 GRETCHEN OWENS EXECUTIVE DIRECTOR 273491 0 2500 0 180 0 2099 0 30314 0 308584 0 0 0 EDHY RIJO SOFTWARE DEVELOPER 185443 0 33000 0 516 0 1993 0 32267 0 253219 0 0 0 TANYA MATEER DIRECTOR OF FINANCE 183566 0 60000 0 180 0 1400 0 1702 0 246848 0 0 0 ROBERT GAGNON DIRECTOR OF PROGRAM SVC. 165056 0 56500 0 792 0 0 0 2197 0 224545 0 0 0 JOHN BEEVERS DIRECTOR OF IT 121966 0 48500 0 115 0 1247 0 8772 0 180600 0 0 0 ANNE MARSH PROGRAM DIRECTOR 113052 0 39750 0 469 0 1152 0 11501 0 165924 0 0 0 AISHA ABDUL-WAHAB DIRECTOR OF HUMAN RESOURCE 111405 0 48500 0 66 0 1099 0 3166 0 164236 0 0 0 PART I, LINE 7 THE ORGANIZATION OFFERS ITS EMPLOYEES BONUS PAYMENTS. BONUSES PROVIDE COMPENSATORY FINANCIAL SUPPORT FOR THE ORGANIZATION'S STAFF WHO TYPICALLY ARE EARNING LESS THAN COMPARABLE POSITIONS IN THE PUBLIC SECTOR; REWARD INDIVIDUAL STAFF FOR ADDITIONAL WORK ABOVE AND BEYOND THAT FOR WHICH THEY HAVE CONTRACTED; REWARD STAFF FOR EXCEPTIONAL PERFORMANCE; AND, ENHANCE EMPLOYEE MORALE AND JOB SATISTFACTION. THE AMOUNTS PROVIDED DIFFER ACCORDING TO THE ABOVE PURPOSES AND ARE STANDARDIZED WITHIN THE ABOVE CATEGORIES. END OF YEAR BONUSES VARY BASED UPON THE ORGANIZATION'S AVAILABLE RESOURCES. ALL COMPENSATION DECISIONS, INCLUDING BONUS AMOUNTS, FOR THE EXECUTIVE DIRECTOR WILL BE MADE BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS HAS GIVEN AUTHORITY TO THE EXECUTIVE DIRECTOR TO DETERMINE THE AMOUNT OF TOTAL BONUS MONIES TO BE GIVEN TO ALL THE AGENCY STAFF. THE EXECUTIVE DIRECTOR WILL SPECIFICALLY DETERMINE THE BONUS AMOUNTS FOR THE NATICK SENIOR ADMINISTRATIVE STAFF; AND, THE DIRECTOR OF PROGRAM SERVICES WILL DETERMINE THE BONUS AMOUNTS FOR THE PROGRAM DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE GIVEN TO THE BOARD PRESIDENT & BOARD TREASURER TO REVIEW. UPON COMPLETION OF THEIR REVIEW, IT WILL BE APPROVED FOR FINAL PROCESSING. THE COMPLETED FORM 990 WILL BE AVAILABLE TO THE AUDIT/FINANCE COMMITTEE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES EACH EMPLOYEE TO DISCLOSE TO THE ORGANIZATION ANY PERSONAL INTEREST WHICH HE OR SHE MAY HAVE IN ANY MATTER PENDING BEFORE THE ORGANIZATION AND SHALL REFRAIN FROM PARTICIPATION IN ANY DECISION ON SUCH MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING THE EXECUTIVE DIRECTOR'S SALARY. THE PERSONNEL COMMITTEE HAS A REVIEW PROCESS AND THEN BRINGS THE FINAL SALARY DETERMINATION TO THE WHOLE BOARD FOR FINAL APPROVAL. THE REVIEW PROCESS INCLUDES LOOKING AT THE ORGANIZATION'S FINANCIAL RESULTS FOR THE FISCAL YEAR, AS COMPARED TO THE PRIOR YEAR, THE U.S. AVERAGE CEO PAY FOR SOCIAL WELFARE/CHARITABLE ORGANIZATIONS, THE AVERAGE TOTAL CEO PAY FOR MASSACHUSETTS AGENCIES WITH EARLY INTERVENTION SERVICES AND COMPARABLE REVENUES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, FORM 990, CONFLICT OF INTEREST POLICY, GOVERNANCE POLICIES AND PROCEDURES AND OTHER APPROPRIATE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THE ORGANIZATION'S FORM 990 WITHOUT SHEDULE B IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE.