BEVERLY BOOTSTRAPS COMMUNITY SERVICES I

EIN: 043254507 501(c)(3) Community Improvement

BEVERLY, MA

Total Revenue
$5,356,235
Total Expenses
$5,469,129
Total Assets
$4,777,495
Net Assets
$3,900,297
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
MA
Principal Officer
ALLISON CAFFREY
Phone
9789271561
Tax Period
2024-07-01 to 2025-06-30

BEVERLY BOOTSTRAPS COMMUNITY SERVICES I, founded in 1992, is a community nonprofit in the Community Improvement sector that reported $5.4M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

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.

Program Service Accomplishments

Program 1
Expenses: $2,198,170

BEVERLY BOOTSTRAPS ADDRESSES HUNGER THROUGH ITS FOOD ASSISTANCE PROGRAMS, WHICH PROVIDE EMERGENCY FOOD TO THOSE IN NEED. THE FOOD PANTRY DISTRIBUTES FOOD 22 HOURS EACH WEEK DURING SHIFTS MONDAY...

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BEVERLY BOOTSTRAPS ADDRESSES HUNGER THROUGH ITS FOOD ASSISTANCE PROGRAMS, WHICH PROVIDE EMERGENCY FOOD TO THOSE IN NEED. THE FOOD PANTRY DISTRIBUTES FOOD 22 HOURS EACH WEEK DURING SHIFTS MONDAY THROUGH THURSDAY. IN FY25 THE FOOD PANTRY EXPERIENCED THE HIGHEST NUMBER OF ANNUAL VISITS AT 23,307. THERE WERE 1,950 SENIOR BAGS DISTRIBUTED. TO SUPPORT CHILDREN WHO ARE AT RISK OF FOOD INSECURITY OVER THE WEEKENDS AND SCHOOL VACATIONS, 11,317 WEEKEND FOOD BAGS WERE DELIVERED TO SCHOOL CHILDREN IN FY25. . THANKSGIVING MEAL INGREDIENTS WERE DISTRIBUTED TO HOUSEHOLDS FOR A TOTAL OF 748 MEALS. THERE WERE 1,845 VISITS TO OUR NOW TWO REFRIGERATED FOOD LOCKER LOCATIONS. ALL OF THE FOOD ASSISTANCE PROGRAMS COMBINED DISTRIBUTED 1,003,691 POUNDS OF FOOD TO 6,876 INDIVIDUALS (3159 HOUSEHOLDS).

Program 2
Expenses: $1,015,512

BEVERLY BOOTSTRAPS RUNS A RETAIL THRIFT SHOP AND RELIES ON MERCHANDISE DONATIONS TO SUSTAIN AN INVENTORY OF HIGH-QUALITY, USED CLOTHING AND HOUSEHOLD ITEMS. THE THRIFT SHOP IS A LOCAL COMMUNITY...

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BEVERLY BOOTSTRAPS RUNS A RETAIL THRIFT SHOP AND RELIES ON MERCHANDISE DONATIONS TO SUSTAIN AN INVENTORY OF HIGH-QUALITY, USED CLOTHING AND HOUSEHOLD ITEMS. 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. IN FY25 THERE WAS $40,840 IN VOUCHERS WRITTEN FOR EMERGENCY CLOTHING AND HOUSEHOLD ITEMS.

Program 3
Expenses: $614,229

IN FY25, 945 CHILDREN RECEIVED SCHOOL SUPPLIES INCLUDING BACKPACKS, NOTEBOOKS, WRITING IMPLEMENTS, PENCILS, MARKERS AND OTHER ITEMS NEEDED FOR THEIR ACADEMIC SUCCESS THROUGHOUT THE FULL SCHOOL YEAR...

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IN FY25, 945 CHILDREN RECEIVED SCHOOL SUPPLIES INCLUDING BACKPACKS, NOTEBOOKS, WRITING IMPLEMENTS, PENCILS, MARKERS AND OTHER ITEMS NEEDED FOR THEIR ACADEMIC SUCCESS THROUGHOUT THE FULL SCHOOL YEAR. THE ORGANIZATION ALSO DISTRIBUTED HOLIDAY GIFTS TO 822 CHILDREN HELPING BRIGHTEN THEIR HOLIDAY SEASON.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,943,853
Program Service Revenue $0
Investment Income $22,748
Other Revenue $389,634
TOTAL REVENUE $5,356,235

Expense Breakdown

Grants Paid $170,477
Salaries & Benefits $2,322,390
Fundraising Expenses $463,371
Program Expenses $4,685,358
Other Expenses $2,976,262
TOTAL EXPENSES $5,469,129

Year-over-Year Comparison

2024 2023 Change
Revenue $5,356,235 $4,730,885 +0.1%
Expenses $5,469,129 $4,798,505 +0.1%
Net Income $-112,894 $-67,620 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
69
Volunteers
537

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$174,485
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD CAHILL DIRECTOR 1.00
Director
$0 $0 $0
LAURENCE CHASE DIRECTOR 1.00
Director
$0 $0 $0
MELISSA DANE CO-VICE PRESIDENT(FMR DIRECTOR) 1.00
Officer Director
$0 $0 $0
AMANDA DOBBINS DIRECTOR 1.00
Director
$0 $0 $0
ALLAN HUNTLEY DIRECTOR (FMR TREASURER) 1.00
Director
$0 $0 $0
MARILYN KRAMER PRESIDENT (FMR VICE PRESIDENT) 1.00
Officer Director
$0 $0 $0
JEFFREY W ROBERTS CLERK 1.00
Officer Director
$0 $0 $0
MEREDITH SOBOL CO-VICE PRESIDENT (FMR PRESIDENT) 1.00
Officer Director
$0 $0 $0
JESSICA WAGGETT DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN LACKEY DIRECTOR 1.00
Director
$0 $0 $0
ALLISON DOLLERY ASSISTANT TREASURER 1.00
Officer Director
$0 $0 $0
CHARLOTTE BEDNAR DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER BIROTTE DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN CURRAN TREASURER 1.00
Officer Director
$0 $0 $0
MARTHA BEDNARZ DIRECTOR 1.00
Director
$0 $0 $0
MORGAN DAY HARRIS DIRECTOR 1.00
Director
$0 $0 $0
MARK MUNOZ DIRECTOR (FMR) 1.00
Director
$0 $0 $0
JOHN HALL DIRECTOR (FMR) 1.00
Director
$0 $0 $0
SUSAN E GABRIEL EXECUTIVE DIRECTOR (FMR) 40.00
Officer
$126,074 $13,500 $139,574
PAUL COLE DIRECTOR OF FINANCE (FMR) 40.00
Officer
$34,911 $0 $34,911
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,356,235 $5,469,129 $4,777,495 $-112,894
2024 $4,730,885 $4,798,505 $4,889,314 $-67,620
2023 $4,208,469 $4,279,120 $4,756,233 $-70,651
2022 $3,812,674 $3,759,633 $4,894,230 $53,041
2021 $3,642,096 $3,330,491 $4,798,884 $311,605
2020 $3,393,668 $2,993,860 $4,974,968 $399,808
2019 $2,911,226 $2,931,671 $4,291,074 $-20,445
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