FOR OUR COMMUNITIES - FOCUS INC

EIN: 274573326 501(c)(3) Housing & Shelter

WELLESLEY, MA

Total Revenue
$50,152
Total Expenses
$41,178
Total Assets
$44,422
Net Assets
$1,053
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MA
Principal Officer
JESSE HERGERT
Phone
6175128540
Tax Period
2023-10-01 to 2024-09-30

FOR OUR COMMUNITIES - FOCUS INC, founded in 2011, is a micro nonprofit in the Housing & Shelter sector that reported $50K in total revenue in fiscal year 2023. Revenue fell 81% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $9K, a strong 18% operating margin.

Mission

FOR OUR COMMUNITIES FOCUS, INC. (NON-PROFIT) IS A MASSACHUSETTS NON-PROFIT CORPORATION OPERATING FOR THE CHARITABLE PURPOSE OF CONDUCTING ACTIVITIES THAT FACILITATE AND PROMOTE THE DEVELOPMENT AND OPERATION OF AFFORDABLE HOUSING, AS WELL AS SUPPORT THE RESIDENTS OF SUCH HOUSING AND THE PRESERVATION OF DETERIORATING BUILDINGS AND NEIGHBORHOODS.

Program Service Accomplishments

Program 1
Expenses: $34,131 Revenue: $19,030

FOCUS OWNED AND MAINTAINED A BUILDING LOCATED AT 114 TEMPLE STREET, SOMERVILLE, MA WHICH PROVIDED HOUSING TO YOUNG WHO HAVE AGED OUT OF FOSTER CARE. THE BUILDING HAD 15 BEDROOMS AND A SHARED KITCHEN...

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FOCUS OWNED AND MAINTAINED A BUILDING LOCATED AT 114 TEMPLE STREET, SOMERVILLE, MA WHICH PROVIDED HOUSING TO YOUNG WHO HAVE AGED OUT OF FOSTER CARE. THE BUILDING HAD 15 BEDROOMS AND A SHARED KITCHEN, DINING ROOM, LIVING ROOM AND PROGRAM SPACE. THE ORGANIZATION SOLD THE BUILDING DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2024. THE ORGANIZATION'S PRIMARY FUNCTIONS ALSO INCLUDE MANY DIFFERENT ASPECTS INCLUDING:1) CONDUCTING ACTIVITIES THAT FACILITATE AND PROMOTE AFFORDABLE HOUSING THROUGH JOINT VENTURES AND/OR CONTRACTS WITH FOR-PROFIT AND NOT-FOR-PROFIT DEVELOPERS.2) SUPPORTING THE RESIDENTS OF AFFORDABLE HOUSING THROUGH SERVICES AND ACTIVITIES.3) PROVIDING EDUCATIONAL ASSISTANCE TO YOUNG ADULTS THROUGH HOSTELING, SO THAT THEY MAY GAIN A GREATER UNDERSTANDING OF THE WORLD AND ITS PEOPLE.4) FUNDING TRAINING AND CONTINUING EDUCATION OPPORTUNITIES FOR PROFESSIONALS IN THE FIELD OF AFFORDABLE HOUSING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $300
Program Service Revenue $19,030
Investment Income $30,822
Other Revenue $0
TOTAL REVENUE $50,152

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $34,131
Other Expenses $41,178
TOTAL EXPENSES $41,178

Year-over-Year Comparison

2023 2022 Change
Revenue $50,152 $260,230 -0.8%
Expenses $41,178 $368,554 -0.9%
Net Income $8,974 $-108,324 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN S STOCKARD PRESIDENT/DIRECTOR 2.00
Officer Director
$0 $0 $0
JESSE HERGERT TREASURER/CLERK/DIRECTOR 2.00
Officer Director
$0 $0 $0
GARY BAILEY DIRECTOR 2.00
Director
$0 $0 $0
BRENDA TORPY DIRECTOR 2.00
Director
$0 $0 $0
CHAURICE LEWIS DIRECTOR 2.00
Director
$0 $0 $0
RICH PILTCH DIRECTOR 2.00
Director
$0 $0 $0
DIANA KELLY EXECUTIVE DIRECTOR 4.00
Officer
$0 $0 $0
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
2024 $50,152 $41,178 $44,422 $8,974
2023 $260,230 $368,554 $1,823,988 $-108,324
2022 $265,730 $343,357 $1,854,510 $-77,627
2021 $243,044 $304,918 $1,371,434 $-61,874
2020 $274,418 $305,688 $1,494,187 $-31,270
2020 $273,942 $305,212 $1,494,187 $-31,270
2020 $274,418 $305,688 $1,494,188 $-31,270
2019 $276,944 $317,701 $1,424,256 $-40,757
2019 $260,259 $317,701 $1,424,256 $-57,442
2018 $254,382 $335,788 $1,448,090 $-81,406
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