MASSACHUSETTS WONDERFUND INC

EIN: 043443890 501(c)(3) Human Services

NEWTON, MA

Total Revenue
$6,446,104
Total Expenses
$6,183,630
Total Assets
$19,110,352
Net Assets
$18,976,522
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
MA
Principal Officer
LAUREN BAKER
Phone
7813674807
Tax Period
2024-07-01 to 2025-06-30

MASSACHUSETTS WONDERFUND INC, founded in 1998, is a community nonprofit in the Human Services sector that reported $6.4M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $6.2M left a modest 4% surplus.

Mission

THE WONDERFUND INVESTS IN CHILDREN RECEIVING SERVICES FROM DCF BY PROVIDING ENRICHMENT OPPORTUNITIES AND ACCESS TO EMERGENCY AID AND TRANSITIONAL NECESSITIES.THE WONDERFUND IS A PRIVATE, NONPROFIT 501(C)3 THAT SERVES CHILDREN ENGAGED WITH THE MASSACHUSETTS DEPARTMENT OF CHILDREN AND FAMILIES BY BRINGING COMFORT AND DIGNITY IN TRAUMATIC SITUATIONS, AND ENRICHING CHILDHOODS THAT HAVE BEEN IMPACTED BY ABUSE AND NEGLECT.

Program Service Accomplishments

Program 1
Expenses: $5,182,834

ENRICHMENT GRANTS (THE FUN STUFF):WE INVEST IN MOMENTS: MUSIC LESSONS, SAT PREP, SOCCER CAMP. THESE MOMENTS BUILD CONFIDENCE, CHARACTER, AND FOSTER LIFE-LONG RESPECT FOR SELF AND OTHERS THROUGH...

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ENRICHMENT GRANTS (THE FUN STUFF):WE INVEST IN MOMENTS: MUSIC LESSONS, SAT PREP, SOCCER CAMP. THESE MOMENTS BUILD CONFIDENCE, CHARACTER, AND FOSTER LIFE-LONG RESPECT FOR SELF AND OTHERS THROUGH KEEPING CHILDREN'S MINDS AND BODIES ACTIVE OUTSIDE OF SCHOOL. WE BELIEVE EVERY KID DESERVES TO DO THE THINGS THEY LOVE AND OUR GOAL IS TO ENRICH THE LIVES OF OUR KIDS. WE WANT THEM TO HAVE SOME OF THE SAME MOMENTS OF JOY AS OUR OWN FAMILIES.EMERGENCY REMOVAL KITS AND BASIC NECESSITIES (THE TOUGH STUFF):WE PROVIDE FUNDS FOR THE FIRST NIGHT WHEN A CHILD IS REMOVED FROM THEIR HOME, A MOMENT THAT IS DIFFICULT FOR ALL INVOLVED. WE PROVIDE A DUFFEL BAG AND FUNDS FOR NECESSITIES LIKE SEASON-APPROPRIATE CLOTHING AND PAJAMAS TO GIVE THEM SOMETHING OF THEIR OWN IN A STRANGE NEW PLACE. WE ALSO PROVIDE EMERGENCY FUNDS FOR WINTER COATS AND OTHER NECESSITIES FOR CHILDREN ACROSS MASSACHUSETTS.HOLIDAY DRIVE (THE PRESENTS AND STUFF):WE BELIEVE THAT EVERYBODY DESERVES A GIFT DURING THE HOLIDAYS AND WE ARRANGE DONATED GIFTS ACROSS THE STATE AND RAISE FUNDS TO PROVIDE GIFTS FOR CHILDREN AND TEENS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,669,465
Program Service Revenue $0
Investment Income $806,712
Other Revenue $-30,073
TOTAL REVENUE $6,446,104

Expense Breakdown

Grants Paid $4,773,922
Salaries & Benefits $749,334
Fundraising Expenses $419,412
Program Expenses $5,182,834
Other Expenses $599,521
TOTAL EXPENSES $6,183,630

Year-over-Year Comparison

2024 2023 Change
Revenue $6,446,104 $5,104,143 +0.3%
Expenses $6,183,630 $4,703,109 +0.3%
Net Income $262,474 $401,034 -0.3%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
15
Independent Members
14
Employees
6
Volunteers
15

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
5
$225,000
Total Directors
15
$225,000
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAUREN SCHADT BAKER CEO 40.00
Officer Director
$225,000 $0 $225,000
STAVERNE MILLER PRESIDENT 2.00
Officer Director
$0 $0 $0
LAWRENCE BEGLEY CHAIRMAN 2.00
Officer Director
$0 $0 $0
MARK ROCCA TREASURER 2.00
Officer Director
$0 $0 $0
MICHAEL WIRVIN CLERK 2.00
Officer Director
$0 $0 $0
ERIN MURPHY RAFFERTY DIRECTOR 0.50
Director
$0 $0 $0
LINDA S SPEARS DIRECTOR 0.50
Director
$0 $0 $0
LISA COLLINS DIRECTOR 0.50
Director
$0 $0 $0
SAF CARUSO DIRECTOR 0.50
Director
$0 $0 $0
V KADIR KADHIRESAN DIRECTOR 0.50
Director
$0 $0 $0
GAIL KARAGIANIS DIRECTOR 0.50
Director
$0 $0 $0
CAROLYN NOBLE DIRECTOR 0.50
Director
$0 $0 $0
SAL PERISANO DIRECTOR 0.50
Director
$0 $0 $0
DAVID PETE DIRECTOR 0.50
Director
$0 $0 $0
ANNE CITRIN DIRECTOR 0.50
Director
$0 $0 $0
JENNIFER NARDONE VICE PRESIDENT, COMMUNITY RELATIONS 40.00
Highest
$122,262 $28,037 $150,299
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 $6,446,104 $6,183,630 $19,110,352 $262,474
2024 $5,104,143 $4,703,109 $18,334,745 $401,034
2023 $10,510,971 $4,191,294 $17,154,730 $6,319,677
2022 $7,496,805 $4,686,033 $10,544,726 $2,810,772
2021 $7,223,512 $4,433,284 $8,015,427 $2,790,228
2020 $6,014,003 $3,922,703 $5,309,778 $2,091,300
2019 $5,731,334 $5,129,843 $3,146,778 $601,491
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