2024-05-07T12:48:20-05:00 2023-06-30 471096596 RAFFOL AND COMPANY INC 105 CHESTNUT ST SUITE 11 NEEDHAM MA 02492 990 2022-07-01 042784985 MORE THAN WORDS INC MORE 7817880035 242 EAST BERKELEY STREET 2ND FL BOSTON MA 02118 JODI ROSENBAUM CEO 7817880035 2024-05-07 1 JODI ROSENBAUM 999009999 0 JONATHAN VITALE P01922134 7814444926 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JODI ROSENBAUM 242 EAST BERKELEY STREET 2ND FL BOSTON MA 02118 11549353 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. 16 15 322 658 0 0 7147956 6775548 0 0 5987 33995 825277 933895 7979220 7743438 0 0 0 0 4795566 5579364 0 0 538726 2536813 3034157 7332379 8613521 646841 -870083 15482688 14111293 6726977 6225665 8755711 7885628 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 7262474 961139 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 20 HOURS/WEEK. YOUTH SOURCE USED BOOKS AND CLOTHING ITEMS, SELL THEM ONLINE AND IN TWO 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 335 YOUTH. 65% OF GRADUATES WERE PRODUCTIVELY ENGAGED IN SCHOOL AND/OR WORK OVER 30 HOURS/WEEK AND 96% OF YOUTH EITHER HAD EARNED OR WERE ON TRACK TO EARN THEIR HIGH SCHOOL DIPLOMA OR HISET. 7262474 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 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 1 322 1 0 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 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 MIKE MCCULLOUGH TREASURER 7817880035 242 EAST BERKELEY STREET 2ND FLOOR BOSTON MA 02118 JODI ROSENBAUM CEO 40.00 X X 153662 0 4077 JOHN CHORY CHAIR 2.00 X X 0 0 0 BARBARA BERKE VICE CHAIR AND CLERK 2.00 X X 0 0 0 JEFFERSON MACKLIN DIRECTOR (THRU 6/30/23) 2.00 X 0 0 0 MARK TOUHEY DIRECTOR 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 RITA GERMAN DIRECTOR (THRU 6/30/23) 2.00 X 0 0 0 MOSAAB ELHASSAN DIRECTOR (THRU 5/31/23) 2.00 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 (EFF. 4/6/2023) 2.00 X 0 0 0 GORDON DORISTIN DIRECTOR (EFF. 4/6/2023) 2.00 X 0 0 0 CHRIS ANDERSON DIRECTOR (EFF. 4/6/2023) 2.00 X 0 0 0 JENNIFER HERBERT COO 40.00 X 116979 0 12436 SHAUN NEWELL CHIEF OF SOCIAL ENTERPRISE 40.00 X 150000 0 4176 NOAH SCHECTMAN CHIEF LEARNING OFFICER 40.00 X 122549 0 12035 NAOMI PARKER CHIEF ADVANCEMENT OFFICER 40.00 X 123070 0 27653 MARCELLA RAINES CHIEF ADVOC & COM ENG OFF. 40.00 X 113070 0 27457 779330 0 87834 6 0 1 0 OSM WORLDWIDE 601 REGENCY DRIVE GLENDALE HEIGHTS IL 60139 SHIPPING 771361 DHL 1200 SOUTH PINE ISLAND ROAD STE 60 PLANTATION FL 33324 DELIVERY SERVICE 174774 ECRATCHIT 2 SHARP STREET HINGHAM MA 02043 ACCOUNTING/CFOSERVICES 170241 INDABA SYSTEMS 4600 CAMAS MEADOWS DRIVE SUITE 120 CAMAS WA 98607 SUBSCRIPTION FEES, CUSTOMER SERVICE AND 103085 4 340468 2971496 3463584 327656 6775548 34771 34771 1092020 1092796 -776 -776 -776 51600 340468 78844 -27244 -27244 3570614 2634275 936339 936339 OTHER INCOME 624100 24800 24800 24800 7743438 961139 0 6751 158607 52869 52869 52869 4662871 4229284 225772 207815 61898 55251 3638 3009 284427 224017 29718 30692 411561 364455 24564 22542 197790 197790 225454 142686 64465 18303 228707 144899 20 83788 69434 60009 4870 4555 993038 858241 69656 65141 13968 13490 161 317 375088 322590 28013 24485 97189 83996 6818 6375 SUPPLIES 295913 280836 12063 3014 SUBCONTRACTOR 234653 234653 DUES AND SUBSCRIPTIONS 114947 40873 59012 15062 VEHICLE EXPENSE 94636 94636 93340 59689 32892 759 8613521 7262474 812321 538726 1781043 386435 3656502 1154967 660880 416000 657664 799503 157704 206345 117060 151848 4802830 1730203 2928829 3072627 2979996 5495739 4918136 27267 25436 15482688 14111293 680931 717107 28727 70628 6017319 5437930 6726977 6225665 X 7323678 6998627 1432033 887001 8755711 7885628 15482688 14111293 -870083 0 X 0 1 X 1 0 X 3942699 6258506 5318927 7147956 6775548 29443636 3317500 3648488 3455318 3057911 3570613 17049830 7260199 9906994 8774245 10205867 10346161 46493466 920521 1403950 749766 1707521 457620 5239378 102340 97778 5750 23555 229423 1022861 1501728 755516 1707521 481175 5468801 41024665 1174 1066 3965 3429 34771 44405 1174 1066 3965 3429 34771 44405 33174 33560 27076 20830 27039 141679 7294547 9941620 8805286 10230126 10407971 46679550 0.87890 0.83220 0.00100 0.00030 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 729. 2019 AMOUNT: $ 2,075. 2020 AMOUNT: $ 27,076. 2021 AMOUNT: $ 691. 2022 AMOUNT: $ 4,943. DAMAGE REIMB FROM CONTRACTOR - 2018 AMOUNT: $ 32,445. 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 102 6318 6420 8607101 8613521 580676 145169 0 0 516619 580676 1097295 1645943 6346 6420 12766 129155 145169 274324 411486 1148 102 1250 3549579 1173756 2375823 1253251 556447 696804 0 3072627 LEASE LIABILITIES 5437930 5437930 10438528 60815 60815 10377713 -2634275 -2634275 7743438 11308611 60815 60815 11247796 -2634275 -2634275 8613521 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 329700 278100 51600 43120 345 7405 10858 MORE THAN DESSERT 62368 62368 100 13360 3656 392068 340468 51600 100 43120 13705 7405 14514 78844 -27244 X X 0 0 0 0 0 0 0 0 0 JODI ROSENBAUM CEO 153662 0 0 0 0 0 4077 0 0 0 157739 0 0 0 SHAUN NEWELL CHIEF OF SOCIAL ENTERPRISE 150000 0 0 0 0 0 4176 0 0 0 154176 0 0 0 NAOMI PARKER CHIEF ADVANCEMENT OFFICER 123070 0 0 0 0 0 3642 0 24011 0 150723 0 0 0 X 232876 THRIFT SHOP VALUE X 25713 THRIFT SHOP VALUE X 3 47156 FAIR MARKET VALUE X 1 722 FOOD X GIFT CARDS 1 7530 GIFT CARD FACE VALUE 0 0 0 PART I, COLUMN (B): THE AMOUNTS REPORTED 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 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 JANUARY 2023. 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.