2021-05-14T14:36:05-05:00 2020-06-30 471096596 RAFFOL AND COMPANY INC 105 CHESTNUT ST SUITE 11 NEEDHAM MA 02492 990 2019-07-01 042784985 MORE THAN WORDS INC MORE 7817880035 242 EAST BERKELEY STREET NO 2ND F BOSTON MA 02118 JODI ROSENBAUM TILLINGER CEO 7817880035 2021-05-14 1 KENNETH RAFFOL P00045686 7814444926 2019 2022-09-23 18:48:47Z JODI ROSENBAUM TILLINGER 242 EAST BERKELEY STREET NO 2ND FL BOSTON MA 02118 10069810 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. 14 13 402 30 0 0 3942699 6258506 0 0 7155 3613 1370562 1370634 5320416 7632753 4000 4000 0 0 4171242 4392696 0 0 368889 1801827 1922062 5977069 6318758 -656653 1313995 14685636 16209266 8176838 8389635 6508798 7819631 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 5423855 4000 1443871 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: 46% ARE INVOLVED IN THE FOSTER CARE SYSTEM, 39% ARE COURT-INVOLVED, AND 30% ARE HOMELESS. OVER THE PAST 17 YEARS, MTW HAS DEVELOPED AND REFINED A MODEL THAT CONSISTENTLY EMPOWERS YOUTH TO ACHIEVE MEASURABLE OUTCOMES IN EDUCATION, WORK, AND LIFE. AT MTW, YOUTH EARN A JOB MANAGING EVERY FACET OF A $3.6M BOOKSELLING BUSINESS, DEVELOPING VALUABLE, TRANSFERABLE SKILLS APPROXIMATELY 20 HOURS/WEEK. 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 HELP YOUTH TRANSITION TO OTHER JOBS AND PERSIST IN EDUCATION. THROUGH THIS TRANSFORMATIVE PROGRAM, WE BUILD UP THE SELF-EFFICACY OF OUR YOUNG PEOPLE. 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 333 YOUTH. 79% OF GRADUATES WERE PRODUCTIVELY ENGAGED IN SCHOOL AND/OR WORK OVER 30 HOURS/WEEK AND 92% OF YOUTH EITHER HAD EARNED, OR WERE ON TRACK TO EARN THEIR HIGH SCHOOL DIPLOMA OR HISET. 5423855 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 11 0 1 402 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X MIKE MCCULLOUGH TREASURER 7817880035 242 EAST BERKELEY STREET 2ND FLOOR BOSTON MA 02118 JODI ROSENBAUM TILLINGER CEO 40.00 X X 109354 0 3141 JOHN CHORY CHAIR 2.00 X X 0 0 0 KENNETT BURNS DIRECTOR 2.00 X 0 0 0 BARBARA BERKE SECRETARY 2.00 X X 0 0 0 JEFFERSON MACKLIN DIRECTOR 2.00 X 0 0 0 MARK TOUHEY DIRECTOR 2.00 X 0 0 0 ERIC GROVES DIRECTOR 2.00 X 0 0 0 GAIL GARINGER DIRECTOR 2.00 X 0 0 0 JIM SLOMAN DIRECTOR 2.00 X 0 0 0 CHRISTOPHER CASGAR DIRECTOR 2.00 X 0 0 0 MIKE MCCULLOUGH TREASURER 2.00 X X 0 0 0 ELIZABETH MARCH VICE CHAIR 2.00 X X 0 0 0 RITA GERMAN DIRECTOR 2.00 X 0 0 0 CHRIS FARRINGTON DIRECTOR 2.00 X 0 0 0 JENNIFER HERBERT COO 40.00 X 101502 0 10701 210856 0 13842 2 0 0 0 DHL 1200 SOUTH PINE ISLAND ROAD STE 60 PLANTATION FL 33324 DELIVERY SERVICE 1037136 ECRATCHIT 2 SHARP STREET HINGHAM MA 02043 ACCOUNTING/CFOSERVICES 108277 INDABA SYSTEMS 4600 NW CAMASAA MEADOWS DRIVE CAMAS WA 96607 HOSTING FEES 104656 3 308023 1516297 4434186 51714 6258506 1066 1066 64190 61643 2547 2547 2547 64000 308023 137237 -73237 -73237 3648488 2238177 1410311 1410311 OTHER INCOME 713910 17075 17075 DAMAGE REIMBURSEMENT 900099 16485 16485 33560 7632753 1443871 0 -69624 4000 4000 115602 38534 38534 38534 3689419 3375524 166929 146966 45736 38680 2957 4099 195274 148754 25602 20918 346665 319936 12137 14592 110438 110438 124501 109040 15025 436 48289 3687 1074 43528 29613 21563 6473 1577 868502 752485 60970 55047 9432 9121 215 96 1692 1692 336751 288594 27045 21112 78887 68349 5538 5000 SUPPLIES 144926 134747 9379 800 VEHICLE EXPENSE 65766 65644 122 DUES AND SUBSCRIPTIONS 48315 14344 17807 16164 BAD DEBTS 18572 18572 36378 30853 5505 20 6318758 5423855 526014 368889 591239 3605652 1922515 858416 948300 1085920 260013 533123 20361 20770 75648 99165 4345766 1007690 3637484 3338076 29298 16097 7162528 6617458 38250 34589 14685636 16209266 552639 402216 12241 47610 835959 7611958 7103850 8176838 8389635 X 4667460 6482283 1841338 1337348 6508798 7819631 14685636 16209266 1313995 -3162 0 X X 0 1 X 1 0 X 2926318 5824207 6117239 3942699 6258506 25068969 1634576 2140893 2538555 3317500 3648488 13280012 4560894 7965100 8655794 7260199 9906994 38348981 1384074 3267806 2419692 920521 1403950 9396043 56368 102340 97778 256486 1440442 3267806 2419692 1022861 1501728 9652529 28696452 1402 1608 2015 1174 1066 7265 1402 1608 2015 1174 1066 7265 1550 734 8486 33174 33560 77504 4563846 7967442 8666295 7294547 9941620 38433750 0.74660 0.72570 0.00020 0.00020 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE REIMBURSEMENT - 2017 AMOUNT: $ 8,486. OTHER INCOME - 2015 AMOUNT: $ 1,550. 2016 AMOUNT: $ 734. 2018 AMOUNT: $ 729. 2019 AMOUNT: $ 2,075. DAMAGE REIMB FROM CONTRACTOR - 2018 AMOUNT: $ 32,445. 2019 AMOUNT: $ 16,485. EBAY AWARD - 2019 AMOUNT: $ 15,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3360440 398784 2961656 985326 608906 376420 3338076 LEASE LIABILITIES 7103850 7103850 9867768 -3162 -3162 9870930 -2238177 -2238177 7632753 8556935 0 8556935 -2238177 -2238177 6318758 PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD MORE THAN BREAKFAST 7500 7500 3950 BOSTON CORP FIN COMMUNITY FUND RSR 364523 300523 64000 133287 372023 308023 64000 137237 137237 -73237 X 1 51714 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): THE INFORMATION REPORTED IN COLUMN B IS THE NUMBER OF DONATIONS RECEIVED, NOT THE NUMBER OF ITEMS RECEVED. 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 15A THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF THE CEO, BASED ON PERFORMANCE REVIEW AS WELL AS REVIEW OF COMPARABLE SALARY DATA FROM SIMILAR ORGANIZATIONS. THE PROCESS WAS LAST UNDERTAKEN DURING THE FALL OF 2019. THE ORGANIZATION DOES NOT COMPENSATE ANY OTHER INDIVIDUALS MEETING THE DEFINITION OF AN OFFICER OR KEY EMPLOYEE. 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. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE TO THE ORGANIZATIONS' OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.