18 Degrees Inc
- Assets
- $5.2m
- Revenue
- $10.1m
- Investments
- $1.2m
- Employees
- 189
- Location
- Pittsfield, MA
- Founding
- 04/1958
- Data as of
- 06/2022
- EIN
- 04-2226238
Organization Overview
18 Degrees Inc, operating under the name 18 Degrees, is located in Pittsfield, MA. The organization was established in 1958. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, 18 Degrees employed 189 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 18 Degrees is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, 18 Degrees generated $10.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $10.3m during the year ending 06/2022. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EARLY EDUCATION AND CARE; FOSTER CARE AND ADOPTION; YOUTH AND COMMUNITY DEVELOPMENT; AND PARENTING AND FAMILY SUPPORT, PREVENTION, SKILL-BUILDING, EDUCATION, AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALING HOMES - PROVIDES TEMPORARY AND PERMANENT FAMILIES FOR CHILDREN IN NEED. HEALING HOMES WORKS WITH POTENTIAL FOSTER PARENTS EDUCATING THEM ON WHAT TO EXPECT. FOSTER PARENTS RECEIVE 30 HOURS OF PRE-SERVICE TRAINING, PREPLACEMENT VISITS TO THE HOME FOR THE CHILD AND FAMILY RESOURCE WORKER, WEEKLY VISITS BY OUR SOCIAL WORKER, 24-HOUR EMERGENCY ON CALL STAFF, MONTHLY TRAININGS AND SUPPORT GROUPS, AND CLINICAL SERVICES BY LICENSED PROFESSIONALS. PROGRAM SERVED 57 FAMILIES IN 2022.
EARLY EDUCATION & CARE - OFFERS EXCEPTIONAL EDUCATION AND CARE FOR CHILDREN FROM BIRTH THROUGH PRE-KINDERGARTEN IN PITTSFIELD. 18 DEGREES ALSO OFFERS BEFORE-SCHOOL AND AFTER-SCHOOL CARE PROGRAMS FOR OLDER CHILDREN. PROGRAM SERVED 199 CHILDREN IN 2022.
PITTSFIELD COMMUNITY CONNECTION (PCC) - PROVIDES COMPREHENSIVE AND CULTURALLY-RESPONSIVE YOUTH DEVELOPMENT AND REFERRAL SERVICES FOR BERKSHIRE YOUTH AGES 10-24. PCC UTILIZES AN EVIDENCE-BASED YOUTH INTERVENTION AND PREVENTION PROGRAM DESIGN, SUPPORTING VULNERABLE YOUTH THROUGH ADVOCACY, BUILDING HEALTHY RELATIONSHIPS, FAMILY ENGAGEMENT, AND COMMUNITY MOBILIZATION. THE PROGRAM SERVED 286 IN 2022.
YOUNG PARENT SUPPORT PROGRAMS, PARENTS AS TEACHERS, FAMILY NETWORKS, ADOPTION SERVICES, COMMUNITY BASED HEALTH INITIATIVE-FAMILY PARTNERS, KIDS 4 HARMONY, COMMUNITY BASED PREVENTION, TREEHOUSE - MULTI-GENERATIONAL FAMILY SUPPORT SERVICES,FAMILY RESOURCE CENTER, COMMUNITY CENTERED FAMILY SUPPORT, COURT APPOINTED SPECIAL ADVOCATE, FATHERS & FAMILY NETWORK, YOUNG WOMEN'S INITIATIVE, YOUTH LAUNCH, CITY OF PITTSFIELD EMPATH, AND BERKSHIRE UNITED WAY EMPATH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Cook President & CEO | Officer | 37.5 | $72,296 |
Robert Bogomolny Treasurer | OfficerTrustee | 1 | $0 |
Buffy Lord Chair | OfficerTrustee | 1 | $0 |
Eric Lamoureaux Clerk | OfficerTrustee | 1 | $0 |
Raymond T Kushi Jr Assistant Treasurer | OfficerTrustee | 1 | $0 |
Benjamin Wax VP Of Finance And Operations | Officer | 37.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Synergi Partners Erc Services | 6/29/22 | $179,426 |
Suite 3 It Management Provider | 6/29/22 | $142,720 |
Kidzone Inc Transportation Provider | 6/29/22 | $119,304 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $152,464 |
| Membership dues | $0 |
| Fundraising events | $27,218 |
| Related organizations | $0 |
| Government grants | $91,258 |
| All other contributions, gifts, grants, and similar amounts not included above | $710,667 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $981,607 |
| Total Program Service Revenue | $8,830,336 |
| Investment income | $16,225 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $34,944 |
| Net Income from Fundraising Events | $215,203 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,078,315 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,349 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $164,667 |
| Compensation of current officers, directors, key employees. | $164,667 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,677,431 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $709,103 |
| Payroll taxes | $498,087 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,250 |
| Fees for services: Other | $727,424 |
| Advertising and promotion | $77,183 |
| Office expenses | $124,966 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $443,170 |
| Travel | $46,277 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,444 |
| Interest | $1,045 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,990 |
| Insurance | $9,417 |
| All other expenses | $522,515 |
| Total functional expenses | $10,292,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $506,447 |
| Savings and temporary cash investments | $1,382,040 |
| Pledges and grants receivable | $493,533 |
| Accounts receivable, net | $740,332 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $113,258 |
| Net Land, buildings, and equipment | $767,937 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,169,353 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,172,900 |
| Accounts payable and accrued expenses | $705,983 |
| Grants payable | $0 |
| Deferred revenue | $134,409 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $291,305 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,356 |
| Total liabilities | $1,139,053 |
| Net assets without donor restrictions | $3,772,049 |
| Net assets with donor restrictions | $261,798 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,172,900 |
Grants Recieved
Over the last fiscal year, we have identified 20 grants that 18 Degrees Inc has recieved totaling $447,900.
| Awarding Organization | Amount |
|---|---|
The Berkshire Taconic Community Foundation Inc Sheffield, MA PURPOSE: SUPPORT OF CHILDREN AND FAMILIES | $110,691 |
Josephine And Louise Cranefoundation Falmouth, MA PURPOSE: UNRESTRICTED | $105,000 |
Berkshire United Way Inc Pittsfield, MA PURPOSE: EARLY EDUCATION AND CARE | $45,000 |
Berkshire United Way Inc Pittsfield, MA PURPOSE: PARENT WELLNESS / EMPATH | $40,000 |
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: CHILDREN & YOUTH DEVELOPMENT (HUMSVCS) | $30,152 |
Berkshire United Way Inc Pittsfield, MA PURPOSE: PITTSFIELD COMMUNITY CONNECTION | $25,000 |
Endowment Analysis
| Beg. Balance | $950,437 |
| Earnings | -$26,711 |
| Ending Balance | $923,726 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |
The Morningside Foundation Newton Centre, MA | $22,445,720 | $11,895,776 |
The Grace And Mercy Foundation Inc New York, NY | $617,102,449 | $100,220,039 |
The Patrick J Mcgovern Foundation Inc Boston, MA | $1,660,673,846 | $20,910,577 |
One8 Foundation Boston, MA | $488,764,350 | $32,279,319 |
Peter G Peterson Foundation New York, NY | $1,055,700,983 | $50,280,779 |
Leon Levy Foundation New York, NY | $614,122,389 | $121,596,253 |
Shubert Foundation Inc New York, NY | $671,108,588 | $57,657,953 |
Hauser Foundation Inc New York, NY | $0 | $9,971,722 |
Pinkerton Foundation New York, NY | $0 | $34,479,499 |
Jerome L Greene Foundation Inc New York, NY | $761,173,462 | $44,061,271 |
Howard Gilman Foundation Inc New York, NY | $600,733,170 | $27,754,418 |