Wayside Youth & Family Support Network
- Assets
- $43.8m
- Revenue
- $41.4m
- Investments
- $187.4k
- Employees
- 588
- Location
- Framingham, MA
- Founding
- 01/1979
- Data as of
- 06/2020
- EIN
- 04-2630450
Organization Overview
Wayside Youth & Family Support Network is located in Framingham, MA. The organization was established in 1979. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 06/2021, Wayside Youth & Family Support Network employed 588 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wayside Youth & Family Support Network 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 06/2020, Wayside Youth & Family Support Network generated $41.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $36.7m during the year ending 06/2020. While expenses have increased by 3.1% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERING CHILDREN, YOUNG ADULTS AND FAMILIES TO ACHIEVE GREATER INDEPENDENCE AND EMOTIONAL WELL-BEING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY AND OUTPATIENT SERVICES - PROVIDES INTENSIVE, FLEXIBLE SERVICES DESIGNED TO PROVIDE SHORT-TERM, HOME BASED FAMILY SERVICES INCLUDING COUNSELING, PARENT EDUCATION, ADVOCACY AND RESPITE. ALSO PROVIDES A FULL RANGE OF VICTIM SUPPORT AND POSITIVE YOUTH DEVELOPMENT SERVICES.
CAMPUS SERVICES - PROVIDES RESIDENTIAL SERVICES FOR BOTH SHORT AND LONG TERM TREATMENT OF ADOLESCENTS, SPECIAL EDUCATION PROGRAMMING AND PSYCHIATRIC DAY TREATMENT FOR YOUTH WHO REQUIRE A STRUCTURED DAY PROGRAM.
YOUNG ADULT - PROVIDES COMMUNITY RESOURCE CENTERS AND SUPPORTIVE LIVING PROGRAMS FOR YOUNG MEN AND WOMEN TRANSITIONING TO ADULTHOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric L Masi Edd President & CEO | Officer | 40 | $260,333 |
David G Simmons CPA Vice President & CFO (until Sept '20) | Officer | 40 | $252,114 |
David Binder Psychiatrist | 20 | $192,411 | |
Elizabeth Reid Licsw Vice President | Officer | 40 | $185,963 |
Andrea Salzman Licsw Vice President | Officer | 40 | $175,911 |
Sara Mccabe Vice President | Officer | 40 | $169,169 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Radius Executive It Solutions It Services | 6/29/21 | $313,619 |
Nfi Massachusetts Staffing Solutions | 6/29/21 | $127,792 |
Arbor Associates Inc Staffing Solutions | 6/29/21 | $104,615 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,894,179 |
| Investment income | $82,267 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $60,000 |
| Net Gain/Loss on Asset Sales | $4,060 |
| Net Income from Fundraising Events | $99,846 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $41,380,096 |
| Statement of Expenses | |
|---|---|
| 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. | $632,265 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,739,888 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,565,781 |
| Payroll taxes | $1,660,527 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $111,068 |
| Fees for services: Accounting | $67,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $57,783 |
| Fees for services: Other | $1,287,726 |
| Advertising and promotion | $108,418 |
| Office expenses | $142,689 |
| Information technology | $68,912 |
| Royalties | $0 |
| Occupancy | $1,407,422 |
| Travel | $243,720 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $501,103 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,241,923 |
| Insurance | $356,136 |
| All other expenses | $0 |
| Total functional expenses | $36,745,980 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,518,018 |
| Savings and temporary cash investments | $181,196 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,295,781 |
| 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 | $934,230 |
| Investments—publicly traded securities | $4,511,564 |
| Investments—other securities | $187,432 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $162,140 |
| Total assets | $43,783,869 |
| Accounts payable and accrued expenses | $2,897,007 |
| Grants payable | $0 |
| Deferred revenue | $181,054 |
| Tax-exempt bond liabilities | $12,690,483 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,460,467 |
| Unsecured mortgages and notes payable | $4,467,985 |
| Other liabilities | $801,472 |
| Total liabilities | $22,498,468 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $21,285,401 |
Grants Recieved
Over the last fiscal year, we have identified 23 grants that Wayside Youth & Family Support Network has recieved totaling $575,400.
| Awarding Organization | Amount |
|---|---|
Watertown Community Foundation Inc Watertown, MA PURPOSE: FOOD SECURITY, RENTAL ASSISTANCE, UTILITY ASSISTANCE, COVID KITS, MUTUAL AID COORDINATOR | $150,800 |
Metrowest Health Foundation Inc Framingham, MA PURPOSE: BASIC HEALTH NEEDS - BEHAVIORAL HEALTH | $75,000 |
Metrowest Health Foundation Inc Framingham, MA PURPOSE: BASIC HEALTH NEEDS - BEHAVIORAL HEALTH | $75,000 |
Metrowest Health Foundation Inc Framingham, MA PURPOSE: 2022/23 METROWEST HEALTH EQUITY TRAINING SERIES AND STRATEGIC EQUITY PLANNING PROCESS COHORT | $27,528 |
Saab Family Foundation Lowell, MA PURPOSE: GENERAL OPERATIONS | $25,000 |
Metrowest Health Foundation Inc Framingham, MA PURPOSE: REDUCING HOMELESSNESS AMONG LATINX YOUTH AND YOUNG ADULTS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family Health Center Of Worcester Inc Worcester, MA | $12,676,950 | $56,870,646 |
Family Service League Inc Huntington, NY | $59,056,765 | $58,964,732 |
The Village For Families & Children Inc Hartford, CT | $142,375,590 | $47,142,343 |
East Bay Community Action Program Newport, RI | $25,998,847 | $43,894,385 |
Wayside Youth & Family Support Network Framingham, MA | $43,783,869 | $41,380,096 |
Child & Family Services Inc New Bedford, MA | $21,919,965 | $37,057,328 |
Family Services Of Westchester Inc Purchase, NY | $15,513,115 | $28,897,436 |
Child & Family Services Of Erie County Buffalo, NY | $11,859,007 | $28,079,728 |
Cooke School And Institute New York, NY | $87,858,830 | $28,836,846 |
Jewish Family And Childrens Service Waltham, MA | $38,756,432 | $27,576,900 |
Catholic Charities Inc Archdiocese Of Hartford Hartford, CT | $26,530,835 | $26,513,389 |
Family Service Association Of Greater Fall River Inc Fall River, MA | $29,353,620 | $20,876,464 |