2024-02-13T13:35:10-06:00 2023-06-30 383697447 NON PROFIT CAPITAL MANAGEMENT LLC 153 CLINTON RD STERLING MA 015642357 990 2022-07-01 134246859 HOUSE OF POSSIBILITIES INC HOUS 5082050555 350 WASHINGTON STREET NORTH EASTON MA 02356 KATHERINE TERINO PRESIDENT & CEO 5082050555 2024-02-13 1 KATHERINE TERINO 999009999 0 BRIAN KINDORF P01463837 7819336726 2024-02-13 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z KATHERINE TERINO 350 WASHINGTON STREET NORTH EASTON MA 02356 3340833 0 X WWW.HOUSEOFPOSSIBILITIES.ORG X 2003 MA HOUSE OF POSSIBILITIES, INC. (HOPE) IS A HUMAN SERVICES PROVIDER FOR CHILDREN AND ADULTS WITH DISABILITIES. 10 10 98 161 0 0 3003856 3217429 65635 73365 11482 3351 -47460 6283 3033513 3300428 0 0 0 0 2447785 2803982 0 0 365094 882813 1048064 3330598 3852046 -297085 -551618 3693891 3618439 704135 1180301 2989756 2438138 X HOPE'S MISSION IS TO MAKE A DIFFERENCE IN THE LIVES OF ADULTS AND CHILDREN WITH DISABILITIES BY PROVIDING HIGH QUALITY PROGRAMS AND NEEDED RELIEF AND HOPE TO THEIR CARETAKERS. 0 0 2991290 100958 HOPE SERVES ADULTS THROUGH COMMUNITY-BASED DAY SUPPORT, ASD COACHING & COLLEGE NAVIGATION, SOCIAL & RECREATIONAL PROGRAMS AND ADULT OVERNIGHT RESPITE. IN 2021, HOPE PARTNERED WITH JEWISH VOCATIONAL SERVICES (JVS) TO CREATE THE CAREER & COMMUNITY ACCESS PROGRAM (CCAP) TO MEET THE GROWING NEED FOR MEANINGFUL PATHWAYS TO EMPLOYMENT AMONG BOSTON-AREA YOUNG ADULTS WITH DISABILITIES. CCAP LAUNCHED OUT OF JVS'S ECONOMIC OPPORTUNITY CENTER AT 75 FEDERAL STREET, BOSTON AND ITS SUCCESS LED TO EXPANSION TO HOPE'S EASTON CAMPUS, AND THE ESTABLISHMENT OF CCAP AS THE UMBRELLA PROGRAM FOR ALL HOPE ADULTS ON A PATHWAY TO EMPLOYMENT. 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. 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. IN THE FALL OF 2021, HOPE LAUNCHED A SOCIAL ENTERPRISE CALLED HOPE UNLIMITED, LLC TO PROVIDE JOBS AND OPPORTUNITIES FOR ENTREPRENEURS AND WORKERS WITH DISABILITIES. HOPE UNLIMITED SELLS ITEMS MADE BY ARTISANS AND CRAFTSPERSONS WITH DISABILITIES. 2991290 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 23 0 1 98 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X KATHERINE TERINO PRESIDENT & CEO 5082050555 350 WASHINGTON STREET NORTH EASTON MA 02356 ROB REILLY DIRECTOR 5.00 0.00 X 0 0 0 JOHN BILLINGSLEY DIRECTOR 5.00 0.00 X 0 0 0 KELLIE WARD-LENNON DIRECTOR 5.00 0.00 X 0 0 0 DANIELLE WALDRON DIRECTOR 5.00 0.00 X 0 0 0 ANN GUAY DIRECTOR 5.00 0.00 X 0 0 0 JACK FERRIS BOARD CHAIR 5.00 0.00 X X 0 0 0 DR RAFAEL CASTRO VICE CHAIR 5.00 0.00 X X 0 0 0 AILEEN ZEC VICE CHAIR 5.00 0.00 X X 0 0 0 RICHARD GAIR TREASURER 5.00 0.00 X X 0 0 0 CATHY ROCHE CLERK 5.00 0.00 X X 0 0 0 KATHERINE TERINO PRESIDENT & CEO 40.00 0.00 X 138877 0 6159 138877 0 6159 1 0 0 0 AUBURN CONSTRUCTION CO INC 1207 AUBURN ST WHITMAN MA 02382 CONSTRUCTION & MGMT 290811 NON PROFIT CAPITAL MANAGEMENT LLC 153 CLINTON ROAD PO BOX 211 STERLING MA 01564 ACCOUNTING 106774 2 235369 2412202 569858 3217429 CLIENT PROGRAM FEES 624100 73365 73365 73365 3351 3351 4250 235369 25560 -21310 -21310 38970 14845 24125 24125 OTHER REVENUE 900099 3468 3468 3468 3300428 100958 0 -17959 154564 108196 46368 2176636 1833973 139764 202899 32903 21269 11538 96 210581 167532 19420 23629 229298 181033 23944 24321 6730 6730 110549 48208 54465 7876 191897 151735 35081 5081 7231 7231 141778 53453 51007 37318 262552 222377 23263 16912 24340 23746 594 66740 62758 3982 152748 143724 9024 PROGRAM SUPPLIES AND AC 44059 44059 MEALS 19635 19635 STAFF TRAINING 18320 17788 532 BAD DEBT EXPENSE 1485 1485 3852046 2991290 495662 365094 394336 259177 638945 152641 476673 487299 2022 1157 39597 57063 3349105 1142518 2142318 2206587 0 454515 3693891 3618439 293332 231529 410803 494108 0 454664 704135 1180301 X 2826438 2345468 163318 92670 2989756 2438138 3693891 3618439 -551618 0 X 0 1 X 1 0 X 694724 1233934 2254198 3003856 3217429 10404141 694724 1233934 2254198 3003856 3217429 10404141 945480 9458661 25882 17222 15028 11482 3351 72965 4478 883 2048 3468 10877 10487983 1414762 0.90190 0.85050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2857595 798990 2058605 89263 26145 63118 3059 2521 538 399188 314862 84326 2206587 DUE FROM AFFILIATE 3884 OPERATING RIGHT-OF-USE ASSEST, NET 335628 FINANCE RIGHT-OF-USE ASSET, NET 115003 454515 FINANCE LEASE LIABILITIES 116580 OPERATING LEASE LIABILITIES 338084 454664 X PART X, LINE 2: HOPE ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY HOPE AND HAS CONCLUDED THAT, AS OF JUNE 30, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. GENERALLY, THE HOPE'S INFORMATION/TAX RETURNS REMAIN OPEN FOR POSSIBLE FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS AFTER THE FILING DATE. HOPE IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION, HOWEVER, YEARS SUBSEQUENT TO 2019 REMAIN OPEN FOR AUDIT. PROM 99695 95445 4250 22554 3006 OTHER EVENTS 139924 139924 239619 235369 4250 22554 3006 25560 -21310 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS PROVIDED TO HOPE AND REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST RELATED MATTERS ARE DISCUSSED AND REVIEWED AT BOARD OF DIRECTORS MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS APPROVED THE EXECUTIVE DIRECTOR'S COMPENSATION BASED ON REVIEW OF SIMILAR POSITIONS AT COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 HOPE MAKES ITS FORM 1023, POLICIES, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. HOPE UNLIMITED LLC 350 WASHINGTON STREET NORTH EASTON MA 02356 001539708 WORKFORCE DEVELOPMENT MA 26326 15305 HOUSE OF POSSIBILITIES INC 1