2025-11-17T10:57:45-06:00 2024-12-31 821747014 LYNCH FINK HARRINGTON & GRAY LLP 6 BEACON STREET SUITE 415 BOSTON MA 02108 990 2024-01-01 455538995 FURNISHING HOPE OF MASSACHUSETTS INC FURN 8572297528 131 MOUNT AUBURN STREET LEVEL B CAMBRIDGE MA 02138 SUZANNE L PALITZ PRESIDENT & TREASURER 8572297528 2025-11-17 1 1 PETER W FINK ESQ P00635003 6179510800 2025-11-16 2024 2025-03-06 01:10:19Z SUZANNE L PALITZ 4 CHANNING STREET CAMBRIDGE MA 02138 214063 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 19 3 0 210720 201251 10094 12809 6 3 0 0 220820 214063 62938 71166 0 0 47114 47878 0 0 2173 73909 85442 183961 204486 36859 9577 63785 73362 0 0 63785 73362 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 51175 61157 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 2024, THE ORGANIZATION'S ACTIVITIES CONTINUE TO THRIVE, COLLECTING FURNITURE DONATIONS. WE CONTINUE TO COLLABORATE WITH HOUSEHOLD GOODS OF ACTON, MA [NON-PROFIT], ALLOWING US TO SAVE OVER $20,000.00 OF STORAGE COSTS, ANNUALLY. OUR ORGANIZATION MAINTAINED ITS ARRANGEMENTS WITH 33 OF THE REFERRAL AGENCIES, ADDING 3 NEW AGENCIES IN 2024. IN CONNECTION WITH THESE REFERRALS, THE ORGANIZATION DISTRIBUTED INVENTORY HAVING A VALUE OF $71,166 OBTAINED THROUGH IN-KIND DONATIONS, TO 118 FAMILIES [213 CHILDREN/140 ADULTS]. THE ORGANIZATION PURCHASED AND DISTRIBUTED ADDITIONAL INVENTORY VALUED AT $11,259.94.PROGRAM EXPENSES OF $51,175.00 REPRESENT MOVING EXPENSES FOR PICK-UP AND DELIVERY OF INVENTORY TO THE ORGANIZATION'S CLIENTS.2024 THE NUMBER OF INDIVIDUAL ITEMS OF FURNITURE DELIVERED WAS 15,406. [INCLUDES FURNITURE AND HOME GOODS]INVENTORY VALUES ARE BASED ON VALUATION GUIDELINES FOR SET BY THRIFT STORE VALUES, PUBLISHED BY SIMILAR ORGANIZATIONS. 61859 HAVING INVENTORY OF $71,166.08 TO DISTRIBUTE THESE INKIND DONATIONS, THE ORGANIZATION INCURRED $51,175.00 TO COVER DELIVERY AND PICK UP EXPENSES. THE ORGANIZATION RECEIVED IN-KIND DONATIONS FROM 192 [66 IN 2023] INDIVIDUALS SOME DIRECTLY AND SOME INDIVIDUALS WHO MADE DONATIONS INDIRECTLY THROUGH FOR-PROFIT ORGANIZATIONS WITH WHICH THE ORGANIZATION HAS AGREEMENTS IN PLACE. 2024 THERE WERE NO EXPENSES INCURRED TO COVER STORAGE COSTS THANKS TO THE ORGANIZATIONS COLLABORATION WITH HOUSEHOLD GOODS OF ACTON, MA [NON-PROFIT].2024 THE NUMBER OF INDIVIDUAL ITEMS OF FURNITURE DELIVERED WAS 15,406 VS 8,968 IN 2023. [INCLUDES FURNITURE AND HOME GOODS] 10009 10009 IN FURTHERANCE OF ITS MISSION TO PROVIDE FAMILIES WITH THE GOODS NECESSARY TO FULLY FURNISH THEIR HOME, INCLUDING COMMON HOUSEHOLD GOODS, THE ORGANIZATION PURCHASED $10,009.25 OF NEW HOUSEHOLD ITEMS. THE ORGANIZATION COMBINED THE PURCHASED ITEMS WITH DONATED INVENTORY VALUED AT $9,167.83 THUS CREATING THE "STARTER SETS" WITH A COMBINED VALUE OF $19,177.08 DISTRIBUTED TO FAMILIES. 7713 THE ORGANIZATION HELD TWO FUNDRAISING EVENTS, SILENT AUCTION AND ICE PARTY/RAFFLE. THESE EVENTS ARE HELD TO FUTHER THE ORGANIZATION'S EXEMPT PURPOSE. THE AUCTION, RAFFLE AND ICE PARTY RECEIVED GROSS REVENUE OF $7,712.85. 7713 123043 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 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 1.00 X 0 0 0 MARCIA HEAD DIRECTOR 1.00 X 0 0 0 GAIL ROBERTS DIRECTOR 1.00 X 0 0 0 ELIZABETH VERNON DIRECTOR 1.00 X 0 0 0 ED FEIJO DIRECTOR 1.00 X 0 0 0 DENISE JILLSON DIRECTOR 1.00 X 0 0 0 SUSAN M HARRINGTON CLERK 1.00 X 0 0 0 0 0 0 0 0 0 0 0 201251 61157 201251 AUCTION 624100 7713 7713 RAFFLE/ICE PARTY TICKE 624100 5096 5096 12809 3 3 214063 0 3 12809 71166 71166 47878 47878 5183 5183 1244 1244 2894 2894 19320 19320 34 34 2515 2515 PICK-UP AND DELIVERY CH 51175 51175 MISCELLANEOUS SUPPLIES 874 874 SQUARE PROCESSING FEES 804 804 HOME GOODS DISCARDED 702 702 697 202 495 204486 123043 79270 2173 54079 66688 9672 6674 1496 1496 34 0 63785 73362 0 0 X 0 0 0 0 63785 73362 63785 73362 63785 73362 9577 0 X 0 0 0 X 175864 222883 161683 220769 214059 995258 175864 222883 161683 220769 214059 995258 310188 685070 5 4 6 6 3 24 995282 0.68830 0.67430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1496 1496 0 0 1 DISTRIBUTION OF FURNISHINGS AND OTHER HOMEGOODS 353 71166 REPLACEMENT VALUE IN-KIND DISTRIBUTIONS OF FURNISHINGS AND HOMEGOODS WERE MADE TO 77 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 71116 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