2025-05-13T13:07:23-05:00 2024-06-30 471096596 RAFFOL AND COMPANY INC 105 CHESTNUT ST SUITE 11 NEEDHAM MA 02492 990 2023-07-01 042784985 MORE THAN WORDS INC MORE 7817880035 242 EAST BERKELEY STREET 2ND FL BOSTON MA 02118 JODI ROSENBAUM CEO 7817880035 2025-05-13 1 1 JONATHAN VITALE P01922134 7814444926 2025-04-28 2023 2025-03-06 01:10:19Z JODI ROSENBAUM 242 EAST BERKELEY STREET 2ND FL BOSTON MA 02118 23657409 0 X HTTP://MTWYOUTH.ORG/ X 1983 MA THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR THE CHARITABLE AND EDUCATIONAL PURPOSES OF PROVIDING EMPOWERING LEADERSHIP AND SUPPORTIVE EMPLOYMENT OPPORTUNITIES FOR YOUTH WHO ARE IN THE FOSTER CARE SYSTEM, COURT INVOLVED, HOMELESS, OUT OF SCHOOL, OR WHO HAVE MENTAL HEALTH OR SUBSTANCE ABUSE ISSUES. 13 12 328 560 0 0 6775548 8696698 0 0 33995 149322 933895 866044 7743438 9712064 0 217425 0 0 5579364 6361726 0 0 693621 3034157 2813972 8613521 9393123 -870083 318941 14111293 14611209 6225665 6406640 7885628 8204569 X OUR MISSION IS TO EMPOWER YOUTH WHO ARE IN FOSTER CARE, COURT INVOLVED, HOMELESS OR OUT OF SCHOOL TO TAKE CHARGE OF THEIR LIVES BY TAKING CHARGE OF A BUSINESS. 0 0 7657489 217425 MTW IS A SOCIAL ENTERPRISE THAT EMPOWERS SYSTEM-INVOLVED YOUTH TO TAKE CHARGE OF THEIR LIVES BY TAKING CHARGE OF A BUSINESS. WE SERVE THE BOSTON AREA'S MOST UNDERSERVED YOUNG PEOPLE WHO FACE COMPOUNDING RISK FACTORS: 50% ARE INVOLVED IN THE FOSTER CARE SYSTEM, 25% ARE COURT-INVOLVED, AND 30% ARE HOMELESS. OVER THE PAST 20 YEARS, MTW HAS DEVELOPED AND REFINED A MODEL THAT CONSISTENTLY EMPOWERS YOUTH TO ACHIEVE MEASURABLE OUTCOMES IN EDUCATION, WORK, AND LIFE. AT MTW YOUTH BEGIN WITH INTENSIVE SUPPORTIVE SERVICES TO HELP THEM GET STABILIZED AND READY FOR JOB TRAINING, INCLUDING WORK ON ESSENTIAL DOCUMENTS, TRANSPORTATION, FOOD SECURITY, AND HOUSING. THEN YOUTH EARN A JOB MANAGING EVERY FACET OF A $3M+ BUSINESS, DEVELOPING VALUABLE, TRANSFERABLE SKILLS APPROXIMATELY 10-25 HOURS/WEEK. YOUTH SOURCE USED BOOKS AND CLOTHING ITEMS, SELL THEM ONLINE AND IN THREE RETAIL STORES, RUN A FLEXIBLE EVENT SPACE, AND GO OUT INTO THE COMMUNITY ON A MOBILE BOOKSTORE. THEY ALSO HOLD A SECOND, EQUALLY IMPORTANT YOU JOB, IN WHICH THEY RECEIVE INTENSIVE CASE MANAGEMENT TO WORK TOWARDS PERSONAL GOALS. TWO YEARS OF CONTINUED SUPPORT IN THE CAREER SERVICES PROGRAM AND ACCESS TO BRIDGE FUNDING HELP YOUTH TRANSITION TO OTHER JOBS, PERSIST IN EDUCATION, AND GET ON A PATH TO A LIVING WAGE. THROUGH THIS TRANSFORMATIVE PROGRAM, WE PROVIDE THE STRUCTURE, ACCOUNTABILITY, AND SUPPORT NEEDED TO EMPOWER OUR YOUTH TO DO THE HARD WORK OF TRANSFORMING THEIR OWN LIVES. THIS MODEL WORKS BECAUSE WORK WORKS. IN OUR MOST RECENTLY COMPLETED FISCAL YEAR WE SERVED 318 YOUTH. 94% OF GRADUATES WERE PRODUCTIVELY ENGAGED IN SCHOOL AND/OR WORK AND 98% OF YOUTH EITHER HAD EARNED OR WERE ON TRACK TO EARN THEIR HIGH SCHOOL DIPLOMA OR HISET. 7657489 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 18 0 1 328 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA AL AR CA FL GA HI IL KS KY MD MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI DC CO CT ME MO NV OK AK ND OH VI WA X IAN JUDE CHIO CFO 7817880035 242 EAST BERKELEY STREET 2ND FLOOR BOSTON MA 02118 JODI ROSENBAUM CEO 40.00 X X 150719 0 4678 JOHN CHORY CHAIR 2.00 X X 0 0 0 BARBARA BERKE VICE CHAIR AND CLERK 2.00 X X 0 0 0 MARK TOUHEY DIRECTOR (THRU 11/2023) 2.00 X 0 0 0 CHRIS CASGAR DIRECTOR 2.00 X 0 0 0 GAIL GARINGER DIRECTOR 2.00 X 0 0 0 CHRISTOPHER FARRINGTON DIRECTOR 2.00 X 0 0 0 MIKE MCCULLOUGH TREASURER 2.00 X X 0 0 0 SAM CHAMBERS DIRECTOR 2.00 X 0 0 0 RENEE CHAN DIRECTOR 2.00 X 0 0 0 LORNA SABBIA DIRECTOR 2.00 X 0 0 0 JULIETTE KOPECKY DIRECTOR 2.00 X 0 0 0 GORDON DORISTIN DIRECTOR 2.00 X 0 0 0 CHRIS ANDERSON DIRECTOR 2.00 X 0 0 0 JENNIFER HERBERT COO 40.00 X 151630 0 12866 SHAUN NEWELL CHIEF OF SOCIAL ENTERPRISE 40.00 X 154327 0 4562 NOAH SCHECTMAN CHIEF LEARNING OFFICER 40.00 X 128383 0 22023 NAOMI PARKER CHIEF ADVANCEMENT OFFICER 40.00 X 129588 0 29435 MARCELLA RAINES CHIEF ADVOC & COM ENG OFF. 40.00 X 117059 0 29101 IAN JUDE CHIO CFO 40.00 X 110045 0 22151 LEANNE GOFF DIRECTOR OF CAREER SERVICES 40.00 X 105262 0 3109 1047013 0 127925 9 0 1 0 OSM WORLDWIDE 601 REGENCY DRIVE GLENDALE HEIGHTS IL 60139 SHIPPING 891067 ECRATCHIT 2 SHARP STREET HINGHAM MA 02043 ACCOUNTING/CFOSERVICES 161316 2 472347 3621251 4603100 494193 8696698 151310 151310 11009300 11011288 -1988 -1988 -1988 66800 472347 116650 -49850 -49850 3729612 2817407 912205 912205 OTHER INCOME 624100 3689 3689 3689 9712064 915894 0 99472 217425 217425 494977 387033 53972 53972 5005567 4359548 318142 327877 52858 42036 7618 3204 337932 250250 47429 40253 470392 408969 30454 30969 1642 1642 182008 182008 182246 98018 83572 656 219322 137173 82149 68260 57225 5444 5591 1014822 850771 80929 83122 11503 10650 437 416 430653 310736 89559 30358 130208 109159 10384 10665 SUPPLIES 177984 160605 6503 10876 VEHICLE EXPENSE 129311 128350 961 DUES AND SUBSCRIPTIONS 104531 35353 55982 13196 SUBCONTRACTOR 60000 60000 101482 34188 66977 317 9393123 7657489 1042013 693621 386435 600859 1154967 572793 1141246 2278740 74257 132538 206345 196147 151848 154148 4967595 2160856 3072627 2806739 2979996 2818985 4918136 5024824 25436 25436 14111293 14611209 717107 768932 70628 101463 5437930 5536245 6225665 6406640 X 6998627 6587434 887001 1617135 7885628 8204569 14111293 14611209 318941 0 X 0 1 X 1 0 X 6258506 5318927 7147956 6775548 8696696 34197633 3648488 3455318 3057911 3570613 3729609 17461939 9906994 8774245 10205867 10346161 12426305 51659572 1403950 749766 1707521 457620 1028135 5346992 97778 5750 23555 127083 1501728 755516 1707521 481175 1028135 5474075 46185497 1066 3965 3429 34771 151310 194541 1066 3965 3429 34771 151310 194541 33560 27076 20830 27039 3689 112194 9941620 8805286 10230126 10407971 12581304 51966307 0.88880 0.87890 0.00370 0.00100 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 2,075. 2020 AMOUNT: $ 27,076. 2021 AMOUNT: $ 691. 2022 AMOUNT: $ 4,943. 2023 AMOUNT: $ 3,689. DAMAGE REIMB FROM CONTRACTOR - 2019 AMOUNT: $ 16,485. 2022 AMOUNT: $ 22,096. EBAY AWARD - 2019 AMOUNT: $ 15,000. COVID RELATED PAYROLL TAX CREDITS - 2021 AMOUNT: $ 20,139. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1106 7215 8321 7649168 7657489 532874 133219 0 0 516619 580676 532874 1630169 2445254 6346 6420 8321 21087 129155 145169 133219 407543 611315 1148 102 1106 2356 3572152 1443384 2128768 1345343 717472 627871 50100 50100 2806739 LEASE LIABILITIES 5536245 5536245 13068484 539013 539013 12529471 -2817407 -2817407 9712064 12749543 539013 539013 12210530 -2817407 -2817407 9393123 PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD BOSTON CORP FIN COMMUNITY FUND RSR 473776 406976 66800 58065 1797 17018 14177 MORE THAN DESSERT 65371 65371 618 16007 8968 539147 472347 66800 618 58065 17804 17018 23145 116650 -49850 1 YOUTH SUPPORT 199 217425 PART I, LINE 2: MTW USES MULTIPLE SYSTEMS AND LEVELS OF APPROVAL TO TRACK GRANT REQUESTS AND EXPENDITURES FOR US GRANTS PROVIDED TO YOUTHS CURRENTLY OR PREVIOUSLY ENROLLED IN OUR PROGRAMS. REQUESTS ARE REVIEWED TO ENSURE ALIGNMENT WITH GRANT REQUIREMENTS TO ENSURE ALL COMPLIANCE HAS BEEN MET. MULTIPLE LAYERS OF CONTROL ARE IN PLACE TO ENSURE ALL GRANT FUNDS ARE SPENT AND TRACKED ACCORDING TO THE REQUIREMENTS PROVIDED BY OUR FUNDERS. X X 0 0 0 0 0 0 0 0 0 JENNIFER HERBERT COO 151630 0 0 0 0 0 3873 0 8993 0 164496 0 0 0 NAOMI PARKER CHIEF ADVANCEMENT OFFICER 129588 0 0 0 0 0 4012 0 25423 0 159023 0 0 0 SHAUN NEWELL CHIEF OF SOCIAL ENTERPRISE 154327 0 0 0 0 0 4562 0 0 0 158889 0 0 0 JODI ROSENBAUM CEO 150719 0 0 0 0 0 4678 0 0 0 155397 0 0 0 NOAH SCHECTMAN CHIEF LEARNING OFFICER 128383 0 0 0 0 0 3850 0 18173 0 150406 0 0 0 X 269226 THRIFT SHOP VALUE X 123308 THRIFT SHOP VALUE X 1 93476 FAIR MARKET VALUE X 1 5776 FOOD X SANITARY PRODUCTS FOR YOUTH 1 2407 FAIR MARKET VALUE 0 0 0 PART I, COLUMN B THE AMOUNTS IN PART I, COLUMN B REPRESENT THE NUMBER OF INDIVIDUAL CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE, ALONG WITH OTHER MEMBERS OF MANAGEMENT PERFORM A DETAILED REVIEW OF THE FORM 990 BEFORE IT IS PROVIDED TO THE ENTIRE BOARD. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND OFFICERS ("SUBJECT PERSON") ARE SUBJECT TO A CONFLICT OF INTEREST POLICY. THE POLICY REQUIRES THE SUBJECT PERSON TO IMMEDIATELY DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST TO THE BOARD. THE BOARD DETERMINES WHETHER OR NOT AN ACTUAL CONFLICT EXISTS, AND VOTES TO EITHER APPROVE OR DISAPPROVE OF THE RELATED TRANSACTION. THE SUBJECT PERSON IS PROHIBITED FROM PARTICIPATING IN THE BOARD'S DISCUSSION AND VOTING RELATED TO THE MATTER. IN ADDITION, EACH SUBJECT PERSON IS REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE OF ANY AND ALL RELATIONSHIPS, POSITIONS AND CIRCUMSTANCES THAT COULD GIVE RISE TO AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS AND AN OUTSOURCED, INDEPENDENT HUMAN RESOURCES FIRM CONDUCT THE ANNUAL PERFORMANCE REVIEW OF THE CEO, AND DETERMINE ANY ANNUAL COMPENSATION ADJUSTMENT FOR THE CEO BASED ON THIS PERFORMANCE REVIEW AND A REVIEW OF COMPARABLE SALARY DATA FROM SIMILAR ORGANIZATIONS. THE PROCESS WAS LAST UNDERTAKEN AT THE BEGINNING OF 2024. COMPENSATION FOR KEY EMPLOYEES IS DETERMINED IN A SIMILAR MANNER, EXCEPT THAT THE ANNUAL REVIEW IS CONDUCTED BY THE CEO INSTEAD OF THE BOARD. THE PROCESS WAS LAST UNDERTAKEN AT THE BEGINNING OF 2024. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.