2021-11-15T14:22:26-06:00 2020-12-31 821747014 LYNCH FINK HARRINGTON & GRAY LLP 6 BEACON STREET SUITE 415 BOSTON MA 02108 990 2020-01-01 455538995 FURNISHING HOPE OF MASSACHUSETTS INC FURN 8572297528 131 MOUNT AUBURN STREET LEVEL B CAMBRIDGE MA 02138 SUZANNE L PALITZ PRESIDENT & TREASURER 8572297528 2021-11-15 1 SUZANNE PALITZ 999009999 PETER W FINK ESQ P00635003 6179510800 2021-11-14 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z SUZANNE L PALITZ 4 CHANNING STREET CAMBRIDGE MA 02138 175864 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 20 5 0 170681 173239 0 0 5 5 4218 1693 174904 174937 54932 48869 0 0 55575 42618 0 0 0 93380 90216 203887 181703 -28983 -6766 65076 60147 5872 7709 59204 52438 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 82005 47836 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 2020,DESPITE OPERATIONS BEING SHUT DOWN FOR 2 1/2 MONTHS AT THE BEGINNING OF THE PANDEMIC (MID MARCH TO EARLY JUNE) THE ORGANIZATION'S ACTIVITIES, SUCH AS COLLECTING FURNITURE DONATIONS AND IDENTIFYING SUITABLE WAREHOUSE SPACE AND POTENTIAL DONORS, CONTINUED. THE ORGANIZATION MAINTAINED ITS ARRANGEMENTS WITH THE TWENTY-ONE REFERRAL AGENCIES WHO REFER CLIENTS TO THE ORGANIZATION. IN CONNECTION WITH THESE REFERRALS, THE ORGANIZATION DISTRIBUTED INVENTORY OBTAINED THROUGH IN-KIND DONATIONS HAVING A VALUE OF $47,836 TO 69 FAMILIES. IN ADDITION, THE ORGANIZATION PURCHASED AND DISTRIBUTED $1033.20 OF INVENTORY TO CLIENTS.PROGRAM EXPENSES OF $34,168.63 REPRESENT MOVING EXPENSES FOR PICK-UP AND DELIVERY OF INVENTORY TO THE ORGANIZATION'S CLIENTS.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. 15429 PROGRAM EXPENSES OF $15,429 REPRESENT STORAGE EXPENSES ASSOCIATED WITH IN-KIND DONATIONS RECEIVED. THE ORGANIZATION RECEIVED IN-KIND DONATIONS FROM 54 INDIVIDUALS DIRECTLY AS WELL AS FROM INDIVIDUALS WHO MADE DONATIONS INDIRECTLY THROUGH FOR-PROFIT ORGANIZATIONS WITH WHICH THE ORGANIZATION HAS AGREEMENTS IN PLACE. MOVING SERVICE HUMBOLDT STORAGE & MOVING, A FOR-PROFIT ORGANIZATION, COLLECTS DONATIONS FROM THEIR CLIENTS FOR DONATION THROUGH THE ORGANIZATION. 1033 1033 IN FURTHERANCE OF ITS MISSSION TO PROVIDE FAMILIES WITH THE GOODS NECESSARY TO FULLY FURNISH THEIR HOME, INCLUDING COMMON HOUSEHOLD GOODS, THE ORGANIZATION DISTRIBUTED $1,033.00 WORTH OF "STARTER SETS." THE ORGANIZATION RECEIVED IN-KIND DONATIONS OF HOUSEHOLD GOODS WHICH COMPRISED PART OF THE STARTER SETS TOGETHER WITH PRIOR INVENTORY ON HAND. 98467 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 1 1 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 0.10 X 0 0 0 MARCIA HEAD DIRECTOR 0.10 X 0 0 0 GAIL ROBERTS DIRECTOR 0.10 X 0 0 0 ELIZABETH VERNON DIRECTOR 0.10 X 0 0 0 ED FEIJO DIRECTOR 0.10 X 0 0 0 DENISE JILLSON DIRECTOR 0.10 X 0 0 0 0 0 0 0 0 0 0 0 173239 53927 173239 5 5 2620 927 1693 1693 174937 0 5 1693 48869 48869 42618 42618 6249 6249 1262 1262 4180 4180 17812 17812 93 93 1485 1485 PICK-UP AND DELIVERY CH 34169 34169 INVENTORY STORAGE 15429 15429 HOME GOODS DISCARDED 5723 5723 INVENTORY DISCARDED 2337 2337 1477 1477 181703 98467 83236 0 46578 44042 350 0 17822 15872 1496 1263 326 233 65076 60147 5872 7709 5872 7709 X 0 0 0 0 59204 52438 59204 52438 65076 60147 -6766 0 X 0 0 0 X 95520 134302 173629 175986 175864 755301 95520 134302 173629 175986 175864 755301 304148 451153 5 5 8 5 5 28 755329 0.59730 0.57890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1496 1263 233 233 1 DISTRIBUTION OF FURNISHINGS AND OTHER HOMEGOODS 48869 REPLACEMENT VALUE IN-KIND DISTRIBUTIONS OF FURNISHINGS AND HOMEGOODS WERE MADE TO 75 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 53927 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