Mcauley Nazareth Inc
- Assets
- $6.8m
- Revenue
- $4.9m
- Investments
- $1.2m
- Employees
- 87
- Location
- Leicester, MA
- Founding
- 03/1946
- Data as of
- 06/2023
- EIN
- 04-2432430
Organization Overview
Mcauley Nazareth Inc is located in Leicester, MA. The organization was established in 1946. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 06/2023, Mcauley Nazareth Inc employed 87 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mcauley Nazareth Inc 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 06/2023, Mcauley Nazareth Inc generated $4.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $4.9m during the year ending 06/2023. While expenses have increased by 5.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RESIDENTIAL CARE AND EDUCATION OF EMOTIONALLY DISTURBED CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL CARE AND EDUCATION OF EMOTIONALLY DISTURBED CHILDREN - 1,669 DAYS OF CARE PROVIDED DURING THE YEAR.
GROUP HOME FOR EMOTIONALLY DISTURBED CHILDREN - 6,320 DAYS OF CARE PROVIDED.
DAY SCHOOL PROGRAM OFFERS SPECIAL EDUCATION TO CHILDREN WHO DO NOT RESIDE AT THE SCHOOL. SEVEN CHILDREN RECEIVED SERVICES FOR A TOTAL OF 984 DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Leone Vice Chair | OfficerTrustee | 3 | $0 |
Mary Bartholomew Director | Trustee | 1 | $0 |
Sarah Rose Cavanagh Director | Trustee | 1 | $0 |
Sr Janet Ballentine Director | Trustee | 1 | $0 |
William Cavanagh Director | Trustee | 1 | $0 |
Paul Mcmahon Treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,521 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,182 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,703 |
| Total Program Service Revenue | $4,564,559 |
| Investment income | $43,280 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $43,000 |
| Net Gain/Loss on Asset Sales | $171,390 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,941,782 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $38,173 |
| Compensation of current officers, directors, key employees. | $38,173 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,055,008 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $331,006 |
| Payroll taxes | $322,407 |
| Fees for services: Management | $66,912 |
| Fees for services: Legal | $16,202 |
| Fees for services: Accounting | $20,951 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $124,253 |
| Advertising and promotion | $0 |
| Office expenses | $120,310 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $313,662 |
| Travel | $40,545 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,838 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $168,313 |
| Insurance | $74,933 |
| All other expenses | $0 |
| Total functional expenses | $4,920,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $613,905 |
| Savings and temporary cash investments | $299,436 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $312,903 |
| 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 | $57,608 |
| Net Land, buildings, and equipment | $4,245,733 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,216,024 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,805 |
| Total assets | $6,786,414 |
| Accounts payable and accrued expenses | $333,943 |
| Grants payable | $0 |
| Deferred revenue | $84,121 |
| 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 | $586,990 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $40,805 |
| Total liabilities | $1,045,859 |
| Net assets without donor restrictions | $5,470,786 |
| Net assets with donor restrictions | $269,769 |
| 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 | $6,786,414 |