More Than Words Inc

Organization Overview

More Than Words Inc is located in Boston, MA. The organization was established in 1983. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2021, More Than Words Inc employed 281 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. More Than Words 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 06/2021, More Than Words Inc generated $6.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $6.3m during the year ending 06/2021. While expenses have increased by 11.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR THE CHARITABLE AND EDUCATIONAL PURPOSES OF PROVIDING EMPOWERING LEADERSHIP AND SUPPORTIVE EMPLOYMENT OPPORTUNITIES FOR YOUTH WHO ARE IN THE FOSTER CARE SYSTEM, COURT INVOLVED, HOMELESS, OUT OF SCHOOL, OR WHO HAVE MENTAL HEALTH OR SUBSTANCE ABUSE ISSUES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MTW IS A SOCIAL ENTERPRISE THAT EMPOWERS SYSTEM-INVOLVED YOUTH TO TAKE CHARGE OF THEIR LIVES BY TAKING CHARGE OF A BUSINESS. WE SERVE THE BOSTON AREA'S MOST UNDERSERVED YOUNG PEOPLE WHO FACE COMPOUNDING RISK FACTORS: 46% ARE INVOLVED IN THE FOSTER CARE SYSTEM, 39% ARE COURT-INVOLVED, AND 30% ARE HOMELESS. OVER THE PAST 18 YEARS, MTW HAS DEVELOPED AND REFINED A MODEL THAT CONSISTENTLY EMPOWERS YOUTH TO ACHIEVE MEASURABLE OUTCOMES IN EDUCATION, WORK, AND LIFE.AT MTW, YOUTH EARN A JOB MANAGING EVERY FACET OF A $3.5M BOOKSELLING BUSINESS, DEVELOPING VALUABLE, TRANSFERABLE SKILLS APPROXIMATELY 20 HOURS/WEEK. THEY ALSO HOLD A SECOND, EQUALLY IMPORTANT YOU JOB, IN WHICH THEY RECEIVE INTENSIVE CASE MANAGEMENT TO WORK TOWARDS PERSONAL GOALS. TWO YEARS OF CONTINUED SUPPORT IN THE CAREER SERVICES PROGRAM HELP YOUTH TRANSITION TO OTHER JOBS AND PERSIST IN EDUCATION. THROUGH THIS TRANSFORMATIVE PROGRAM, WE BUILD UP THE SELF-EFFICACY OF OUR YOUNG PEOPLE. WE PROVIDE THE STRUCTURE, ACCOUNTABILITY, AND SUPPORT NEEDED TO EMPOWER OUR YOUTH TO DO THE HARD WORK OF TRANSFORMING THEIR OWN LIVES. THIS MODEL WORKS BECAUSE WORK WORKS. IN OUR MOST RECENTLY COMPLETED FISCAL YEAR WE SERVED 329 YOUTH. 68% OF GRADUATES WERE PRODUCTIVELY ENGAGED IN SCHOOL AND/OR WORK OVER 30 HOURS/WEEK AND 95% OF YOUTH EITHER HAD EARNED, OR WERE ON TRACK TO EARN THEIR HIGH SCHOOL DIPLOMA OR HISET.


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Board, Officers & Key Employees

Name (title)Compensation
Jodi Rosenbaum
CEO
$114,005
Jennifer Herbert
COO
$110,732
Shaun Newell
Chief Of Social Enterprise
$106,592
John Chory
Chair
$0
Barbara Berke
Secretary
$0
Mike Mccullough
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Dhl
Delivery Service
$1,037,136
Ecratchit
Accounting/cfoservices
$108,277
Indaba Systems
Hosting Fees
$104,656
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$26,000
Related organizations$0
Government grants $2,170,414
All other contributions, gifts, grants, and similar amounts not included above$3,122,513
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,318,927
Total Program Service Revenue$0
Investment income $3,965
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$32,556
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,142,307
Miscellaneous Revenue$0
Total Revenue $6,459,719

Grants Recieved

Over the last fiscal year, we have identified 1 grants that More Than Words Inc has recieved totaling $1,000.

Awarding OrganizationAmount
Kates Foundation Inc

Norwell, MA

PURPOSE: CHARITABLE CONTRIBUTIONS

$1,000
View Grant Recipient Profile

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