Staples Cause for Caring inc

EIN: 845135177 501(c)(3) Public Safety

Framingham, MA

Total Revenue
$470,570
Total Expenses
$361,876
Total Assets
$1,180,447
Net Assets
$1,180,447
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
MA
Phone
5082535000
Tax Period
2024-01-28 to 2025-01-25

Staples Cause for Caring inc, founded in 2020, is a small nonprofit in the Public Safety sector that reported $471K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $109K, a strong 23% operating margin.

Mission

STAPLES CAUSE FOR CARING, FOUNDED AND FUNDED BY ASSOCIATE AND CORPORATE CONTRIBUTIONS, OFFERS RELIEF FOR ASSOCIATES IN NEED OF SEVERE FINANCIAL ASSISTANCE DUE TO SIGNIFICANT EVENTS OR OTHER CIRCUMSTANCES BEYOND THEIR CONTROL.

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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 $401,192
Program Service Revenue $0
Investment Income $49,280
Other Revenue $20,098
TOTAL REVENUE $470,570

Expense Breakdown

Grants Paid $319,516
Salaries & Benefits $0
Fundraising Expenses $41,449
Program Expenses $319,516
Other Expenses $42,360
TOTAL EXPENSES $361,876

Year-over-Year Comparison

2024 2023 Change
Revenue $470,570 $730,203 -0.4%
Expenses $361,876 $638,461 -0.4%
Net Income $108,694 $91,742 +0.2%
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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Governance

Voting Members
14
Independent Members
14
Employees
N/A
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
3
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GINA FOSTER PRESIDENT 1.0
Officer Director
$0 $0 $0
LAURA MOLFETAS TREASURER 1.0
Officer Director
$0 $0 $0
RAVI FAIIA DIRECTOR, CLERK TERM BEG 02/2024 1.0
Officer Director
$0 $0 $0
AMEYA JAMGADE DIRECTOR TERM BEG 02/2024 1.0
Director
$0 $0 $0
APARNA M BABU DIRECTOR TERM BEG 02/2024 1.0
Director
$0 $0 $0
BRENDA TABB DIRECTOR TERM FEB-NOV 2024 1.0
Director
$0 $0 $0
Cathy Ward DIRECTOR 1.0
Director
$0 $0 $0
Cristina Gonzalez Director 1.0
Director
$0 $0 $0
JONATHAN SANCHEZ DIRECTOR TERM BEG 02/2024 1.0
Director
$0 $0 $0
KARIN FARLAND DIRECTOR TERM BEG 02/2024 1.0
Director
$0 $0 $0
MAX HERNANDEZ DIRECTOR 1.0
Director
$0 $0 $0
Michael Cusick DIRECTOR 1.0
Director
$0 $0 $0
NICOLE SPARKMAN DIRECTOR 1.0
Director
$0 $0 $0
ROBERT TERRY DIRECTOR 1.0
Director
$0 $0 $0
SEAN KLOCZKOWSKI DIRECTOR 1.0
Director
$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
2025 $470,570 $361,876 $1,180,447 $108,694
2024 $730,203 $638,461 $1,098,753 $91,742
2023 $379,291 $531,317 $995,236 $-152,026
2022 $358,119 $349,601 $1,146,537 $8,518
2021 $1,231,113 $107,594 $1,131,519 $1,123,519
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