HOUSE OF POSSIBILITIES INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

KATHERINE TERINO

Phone

5082050555

Tax Period

2023-07-01 to 2024-06-30

HOUSE OF POSSIBILITIES INC, founded in 2003, is a community nonprofit in the Human Services sector that reported $5.1M in total revenue in fiscal year 2023. Revenue surged 55% from the prior year, signaling strong growth momentum. Expenses of $4.5M left a modest 12% surplus.

Mission

WE ARE COMMITTED TO PROVIDING CHILDREN AND ADULTS WITH DISABILITIES AND THEIR FAMILIES WITH A LIFE-CHANGING PATH TO GREATER INDEPENDENCE.

Program Service Accomplishments

Program 1

Expenses: $3,341,412 Revenue: $79,748

HOPE PARTNERS WITH JVS BOSTON (JEWISH VOCATIONAL SERVICES) TO PROVIDE THE CAREER & COMMUNITY ACCESS PROGRAM (CCAP) TO MEET THE GROWING NEED FOR MEANINGFUL PATHWAYS TO EMPLOYMENT AMONG YOUNG ADULTS...

HOPE PARTNERS WITH JVS BOSTON (JEWISH VOCATIONAL SERVICES) TO PROVIDE THE CAREER & COMMUNITY ACCESS PROGRAM (CCAP) TO MEET THE GROWING NEED FOR MEANINGFUL PATHWAYS TO EMPLOYMENT AMONG YOUNG ADULTS WITH DISABILITIES. CCAP SERVES CLOSE TO 120 INDIVIDUALS AT HOPE'S EASTON CAMPUS ON THE CAMPUS OF STONEHILL COLLEGE, AND JVS'S ECONOMIC OPPORTUNITY CENTER AT 75 FEDERAL STREET. THE CCAP MODEL INCLUDES GROUP COMMUNITY AND EMPLOYMENT ACTIVITIES PROVIDED BY HOPE, IN ADDITION TO 1:1 JOB COACHING AND PLACEMENT WITH A JVS CAREER COACH. IN 2024, CCAP CLIENTS ACHIEVED A 32% WORKFORCE PARTICIPATION RATE WHERE THE NATIONAL AVERAGE WAS UNDER 25%.HOPE SERVES CHILDREN AGES 8 THROUGH 22 THROUGH ITS WEEKEND PROGRAMS. HOPE'S OVERNIGHT RESPITE FOR CHILDREN IS THE ONLY OF ITS KIND IN ALL OF NEW ENGLAND AND BEYOND. IT PROVIDES CARETAKERS WITH MUCH-NEEDED RELIEF IN A FUN SLEEP-OVER SETTING FOR PARTICIPANTS. HOPE'S SIGNATURE SOCIAL & RECREATIONAL PROGRAM IS ADVENTURE CLUB, OFFERED ON SATURDAYS FROM 10:00 AM UNTIL 4:00 PM AND PROVIDING PARTICIPANTS WITH COMMUNITY-BASED ACTIVITIES SUCH AS BOWLING, LASER TAG, THEATER, SEASONAL FIELD TRIPS AS WELL AS VISITS TO MUSEUMS, ZOOS AND PARKS. HOPE SERVES ADULTS AGES 18 AND UP THROUGH COMMUNITY-BASED DAY PROGRAMS, COACHING & COLLEGE NAVIGATION, OVERNIGHT RESPITE AND SOCIAL RECREATIONAL ACTIVITIES. COACHING & COLLEGE NAVIGATION SUPPORTS YOUNG ADULTS WITH AN AUTISM PROFILE POST-GRADUATION.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,897,488

Program Service Revenue $67,494

Investment Income $28,127

Other Revenue $123,783

TOTAL REVENUE $5,116,892

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,239,725

Fundraising Expenses $546,565

Program Expenses $3,341,412

Other Expenses $1,240,296

TOTAL EXPENSES $4,480,021

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,116,892	$3,300,428	+0.6%
Expenses	$4,480,021	$3,852,046	+0.2%
Net Income	$636,871	$-551,618	-2.2%

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

176

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

$160,929

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROB REILLY	DIRECTOR	5.00	Director	$0	$0	$0
JOHN BILLINGSLEY	DIRECTOR	5.00	Director	$0	$0	$0
DANIELLE WALDRON	DIRECTOR	5.00	Director	$0	$0	$0
ANN GUAY	DIRECTOR	5.00	Director	$0	$0	$0
JACK FERRIS	BOARD CHAIR	5.00	Officer Director	$0	$0	$0
RICHARD GAIR	TREASURER	5.00	Officer Director	$0	$0	$0
CATHY ROCHE	CLERK	5.00	Officer Director	$0	$0	$0
AILEEN ZEC	VICE CHAIR	5.00	Officer Director	$0	$0	$0
MICHELLE MICONE	DIRECTOR	5.00	Director	$0	$0	$0
ROBERT GUINTO	DIRECTOR	5.00	Director	$0	$0	$0
KATHERINE TERINO	PRESIDENT & CEO	40.00	Officer	$154,362	$6,567	$160,929

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	No data	No data	No data	No data
2024	$5,116,892	$4,480,021	$4,440,929	$636,871
2023	$3,300,428	$3,852,046	$3,618,439	$-551,618
2022	$3,033,513	$3,330,598	$3,693,891	$-297,085
2021	$2,273,209	$2,017,933	$3,424,034	$255,276
2020	$1,706,712	$2,056,150	$3,136,568	$-349,438
2019	$1,651,253	$2,101,288	$3,508,285	$-450,035
2018	$1,554,431	$1,555,284	$3,860,875	$-853