2025-02-18T14:33:37-06:00 2024-06-30 042694095 LITMANGERSON ASSOCIATES LLP 500 WEST CUMMINGS PARK SUITE 5650 WOBURN MA 01801 990 2023-07-01 043254507 BEVERLY BOOTSTRAPS COMMUNITY SERVICES I BEVE 9789271561 35 PARK STREET BEVERLY MA 01915 SUSAN E GABRIEL EXECUTIVE DIRECTOR 9789271561 2025-01-16 1 0 ROBERT F HART JR P00937795 7815694700 2025-01-16 2023 2025-03-06 01:10:19Z SUSAN E GABRIEL 35 PARK STREET BEVERLY MA 01915 5543908 0 X HTTPS://BEVERLYBOOTSTRAPS.ORG/ X 1992 MA BEVERLY BOOTSTRAPS COMMUNITY SERVICES PROVIDES CRITICAL RESOURCES TO FAMILIES AND INDIVIDUALS SO THEY MAY ACHIEVE SELF-SUFFICIENCY. THE ORGANIZATION OFFERS EMERGENCY AND LONG-TERM ASSISTANCE INCLUDING: ACCESS TO FOOD, HOUSING STABILITY, ADULT AND YOUTH PROGRAMS, EDUCATION, COUNSELING AND ADVOCACY. THE ORGANIZATION IS COMMUNITY FUNDED AND SUPPORTED. 15 15 47 537 0 0 3872091 4373740 0 0 7162 28404 329216 328741 4208469 4730885 188075 224665 0 0 2140542 2184858 14849 0 493288 1935654 2388982 4279120 4798505 -70651 -67620 4756233 4889314 708418 890894 4047815 3998420 X BEVERLY BOOTSTRAPS COMMUNITY SERVICES PROVIDES CRITICAL RESOURCES TO FAMILIES AND INDIVIDUALS SO THEY MAY ACHIEVE SELF-SUFFICIENCY. THE ORGANIZATION OFFERS EMERGENCY AND LONG-TERM ASSISTANCE INCLUDING: ACCESS TO FOOD, HOUSING STABILITY, ADULT AND YOUTH EDUCATION, COUNSELING AND ADVOCACY. THE ORGANIZATION IS COMMUNITY FUNDED AND SUPPORTED. 0 0 1896838 THE FOOD ASSISTANCE PROGRAMS PROVIDE EMERGENCY FOOD TO THOSE IN NEED THROUGH A PANTRY VISIT OR DELIVERY MONDAY THROUGH THURSDAY. DURING FY24, THE FOOD ASSISTANCE SERVED 4,129 INDIVIDUALS (2,956 HOUSEHOLDS) WITH 802,368 LBS OF FOOD DISTRIBUTED IN 20,557 VISITS. DURING FY24, 1,950 SENIOR BAGS WERE DISTRIBUTED. THE KIDS WEEKEND BAG PROGRAM DELIVERED 10,494 BAGS TO SCHOOL CHILDREN THROUGHOUT THE ELEMENTARY AND MIDDLE SCHOOLS IN BEVERLY. THANKSGIVING MEAL INGREDIENTS WERE DISTRIBUTED TO 593 HOUSEHOLDS. IN FY24, THE REFRIGERATED FOOD LOCKER PROGRAM BENEFITED 364 INDIVIDUALS (146 HOUSEHOLDS) THROUGH 1,241 ORDERS. 838744 THE THRIFT SHOP IS A LOCAL COMMUNITY RESOURCE THAT PROVIDES SHOPPERS WITH MERCHANDISE AT DISCOUNTED PRICES AND DONORS THE OPPORTUNITY TO RECYCLE ITEMS. CLIENTS MAY RECEIVE VOUCHERS FOR FREE MERCHANDISE. 513040 IN FY24, 910 CHILDREN RECEIVED SCHOOL SUPPLIES INCLUDING BACKPACKS, NOTEBOOKS, WRITING IMPLEMENTS, PENCILS, MARKERS AND OTHER ITEMS NEEDED FOR THEIR ACADEMIC SUCCESS. THE ORGANIZATION DISTRIBUTED HOLIDAY GIFTS TO 910 CHILDREN. 753582 224665 ADULT EDUCATION INCLUDES HIGH SCHOOL EQUIVALENCY (HSE) HISET TEST PREPARATION, ENGLISH SPEAKERS OF OTHER LANGUAGE (ESOL), AND COLLEGE AND CAREER READINESS (CCR). THE HSE PROGRAM CONTINUED IN FY24 WITH STUDENTS STUDYING VIRTUALLY OR IN PERSON WITH THEIR TUTOR. THERE WERE 45 STUDENTS REGULARLY STUDYING, PASSING 72 OUT OF 102 INDIVIDUAL TESTS. 16 STUDENTS COMPLETED ALL 5 SUBJECT EXAMS TO RECEIVE THEIR HISET EQUIVALENCY CERTIFICATE. IN FY24 81 ESOL STUDENTS STUDIED REGULARLY CLOCKING 6,420 HOURS LEARNED OVER THE COURSE OF THE YEAR. WHILE THERE WERE ONLY A FEW STUDENTS WHO TOOK ADVANTAGE OF THE COLLEGE AND CAREER READINESS SERVICES, THOSE STUDENTS SUCCESSFULLY ENROLLED IN COLLEGE COURSES AND TRADE PROGRAMS.IN FY24, 910 CHILDREN RECEIVED SCHOOL SUPPLIES INCLUDING BACKPACKS, NOTEBOOKS, WRITING IMPLEMENTS, PENCILS, MARKERS AND OTHER ITEMS NEEDED FOR THEIR ACADEMIC SUCCESS. THE ORGANIZATION DISTRIBUTED HOLIDAY GIFTS TO 910 CHILDREN. 753582 224665 4002204 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 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 0 0 0 0 1 4 0 1 47 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X X X THE ORGANIZATION 9789271561 35 PARK STREET BEVERLY MA 01915 EDWARD CAHILL DIRECTOR 1.00 X 0 0 0 LAURENCE CHASE DIRECTOR 1.00 X 0 0 0 MELISSA DANE DIRECTOR 1.00 X 0 0 0 AMANDA DOBBINS DIRECTOR 1.00 X 0 0 0 ALLAN HUNTLEY TREASURER 1.00 X X 0 0 0 MARILYN KRAMER VICE PRESIDENT (FMR DIR) 1.00 X X 0 0 0 MARK MUNOZ DIRECTOR 1.00 X 0 0 0 JOHN HALL DIRECTOR 1.00 X 0 0 0 JEFFREY W ROBERTS CLERK 1.00 X X 0 0 0 MEREDITH SOBOL PRESIDENT (FMR VP) 1.00 X X 0 0 0 JESSICA WAGGETT DIRECTOR 1.00 X 0 0 0 CAROLYN LACKEY DIRECTOR 1.00 X 0 0 0 ALLISON DOLLERY ASSISTANT TREASURER 1.00 X X 0 0 0 CHARLOTTE BEDNAR DIRECTOR 1.00 X 0 0 0 CHRISTOPHER BIROTTE DIRECTOR 1.00 X 0 0 0 PAUL COLE DIRECTOR OF FINANCE 40.00 X 77912 0 394 SUSAN E GABRIEL EXECUTIVE DIRECTOR 40.00 X 113421 0 486 DIANNE COLLAZO INTERIM CFO (MAY 2024) 25.00 X 0 0 0 191333 0 880 1 0 0 0 0 258364 4115376 2139056 4373740 15904 15904 159451 12500 159451 0 0 12500 12500 12500 982313 653572 328741 328741 4730885 0 0 357145 X 224665 224665 217201 155521 34464 27216 1570607 1247895 103674 219038 33265 26612 1996 4657 126534 99066 7915 19553 237251 189374 16678 31199 840 840 40038 40038 53205 1463 7899 43843 24819 8062 1626 15131 125589 92241 11754 21594 2674 2674 28512 22229 5083 1200 24765 11145 12382 1238 169494 137290 17458 14746 39081 31661 4019 3401 CLIENT BETTERMENT 1533844 1533844 REPAIRS AND MAINTENANCE 97677 79952 9609 8116 UTILITIES 50171 40638 5168 4365 EQUIPMENT LEASE 49710 42661 3738 3311 148563 54371 19512 74680 4798505 4002204 303013 493288 443191 260263 144728 261974 206779 255447 64184 54426 27202 59196 4658124 1206667 3332642 3451457 537507 403155 0 143396 4756233 4889314 180377 224101 528041 525271 0 141522 708418 890894 X 3927815 3948420 120000 50000 4047815 3998420 4756233 4889314 -67620 18225 0 X 0 1 X 1 0 X 2658738 2846332 3442276 3782091 4373740 17103177 733229 795888 850727 936171 982313 4298328 3391967 3642220 4293003 4718262 5356053 21401505 100000 107510 41053 48383 23207 320153 0 100000 107510 41053 48383 23207 320153 21081352 8699 5906 6457 7162 15904 44128 8699 5906 6457 7162 15904 44128 3400666 3648126 4299460 4725424 5371957 21445633 0.98300 0.98210 0.00210 0.00180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 682235 34129 54714 661650 752158 24878 94801 682235 839788 2365 89995 752158 833986 5802 839788 425292 400000 8694 833986 1.00000 0 0 275000 275000 3523792 732180 2791612 2346 978 1368 567194 311253 255941 289792 162256 127536 3451457 CERTIFICATE OF DEPOSIT 155169 C BENEFICIAL INTEREST IN ASSETS HELD BY COMMUNITY FOUNDATION 247986 C 403155 OPERATING LEASE LIABILITIES 141522 141522 X 5402682 18225 653572 671797 4730885 0 4730885 5452077 653572 653572 4798505 0 4798505 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR THE UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH FASB ASC TOPIC NO. 740, INCOME TAXES (ASC 740), WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE LIKELY-THAN-NOT, AND A MEASUREMENT ATTRIBUTE FOR ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN, IN ORDER FOR THOSE TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. WHEN NECESSARY, THE ORGANIZATION ACCOUNTS FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS PART OF ITS PROVISION FOR INCOME TAXES. THE ORGANIZATION DOES NOT EXPECT THAT UNRECOGNIZED TAX BENEFITS ARISING FROM TAX POSITIONS WILL CHANGE SIGNIFICANTLY WITHIN THE NEXT 12 MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: THRIFT STORE COST OF GOODS SOLD - IN-KIND 653,572. PART XII, LINE 2D - OTHER ADJUSTMENTS: THRIFT STORE COST OF GOODS SOLD - IN-KIND 653,572. PART V, LINE 4 - INTENDED USES FOR ENDOWMENT FUNDS COVID RELIEF $288,825 CAPITAL RESERVE $38,439 OPERATING RESERVE $334,386 EARNINGS FOR LONG TERM INVESTMENT 1 EDUCATIONAL, HOUSING, ETC 1506 224665 BOOK PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS BY MAINTAINING A CLIENT INTAKE FORM WHICH DOCUMENTS THE CLIENT'S BASIC INFORMATION AND IMMEDIATE NEEDS. THE ORGANIZATION PROVIDES FINANCIAL ASSISTANCE BY MAKING PAYMENTS ON BEHALF OF THE CLIENT DIRECTLY TO THE VENDOR (EX. UTILITIES, RENT) TO ENSURE THAT THE FUNDS ARE USED FOR THAT PURPOSE. THE CLIENT NEEDS TO SHOW ON PAPER THAT THEY WILL BE ABLE TO MEET THEIR BILLS IN THE FUTURE. ONGOING ASSISTANCE IS REFERRED OUT TO STATE OR FEDERAL AGENCIES. X 642969 RETAIL COST X 775175 1479461 1.93 PER POUND X DONATED AUCTION ITEMS 34 16626 COST 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE ORGANIZATION'S BOARD OF DIRECTORS AND/OR FINANCE COMMITTEE REVIEW THE FORM 990 BEFORE IT IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO SIGN OR RENEW EXISTING CONFLICT OF INTEREST POLICY STATEMENTS WHICH ARE KEPT ON FILE AT THE ORGANIZATION'S OFFICE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE CONSIDERS INFORMATION SUCH AS HOW OTHER SIMILARLY SITUATED ORGANIZATIONS CURRENTLY COMPENSATE EXECUTIVES AND KEY EMPLOYEES IN SIMILAR SITUATIONS. THE BOARD MAY REVIEW COMPARABILITY DATA AS PART OF THE ANNUAL SALARY REVIEW PROCESS IF THE BOARD HAS REASON TO BELIEVE THE COMPENSATION IS NOT REASONABLY COMPARABLE TO THOSE IN SIMILARLY SITUATED ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE ORGANIZATION MAKES ITS GOVERNING INSTRUMENTS AND POLICIES AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST, ON THE BEVERLY BOOTSTRAPS COMMUNITY SERVICES' WEBSITE OR CAN BE OBTAINED DIRECTLY FROM THE MASSACHUSETTS DIVISION OF PUBLIC CHARITIES WEBSITE OR ARE AVAILABLE ON GUIDESTAR OR THE GIVING COMMON. FORM 990, PART IX, LINE 24E SPECIAL EVENTS AND FUNDRAISING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 47,555. TOTAL EXPENSES 47,555. BANK AND CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 29,446. MANAGEMENT AND GENERAL EXPENSES 5,791. FUNDRAISING EXPENSES 7,883. TOTAL EXPENSES 43,120. TELEPHONE: PROGRAM SERVICE EXPENSES 21,099. MANAGEMENT AND GENERAL EXPENSES 2,611. FUNDRAISING EXPENSES 2,205. TOTAL EXPENSES 25,915. APPRECIATION: PROGRAM SERVICE EXPENSES 3,826. MANAGEMENT AND GENERAL EXPENSES 11,110. FUNDRAISING EXPENSES 1,693. TOTAL EXPENSES 16,629. NEWSLETTERS AND PUBLICATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 15,344. TOTAL EXPENSES 15,344.