Lucys Hearth
- Assets
- $4.6m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Middletown, RI
- Founding
- 12/1984
- Data as of
- 06/2021
- EIN
- 22-2566612
Organization Overview
Lucys Hearth is located in Middletown, RI. The organization was established in 1984. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lucys Hearth 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, Lucys Hearth generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SHELTER AND SERVICES FOR HOMELESS FAMILIES AND THEIR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LUCY'S HEARTH HAS ONE MAIN PROGRAM WITH TWO SERVICES:IAP-INTAKE AND ASSESSMENT PROGRAM, PROVIDING EMERGENCY APARTMENT STYLE SHELTER FOR 6 FAMILIES. FAMILIES CAN RESIDE IN THE IAP PROGRAM FOR UP TO 90 DAYS.TAP- TRANSITIONAL APARTMENT PROGRAM. PROVIDES BRIDGE HOUSING ( TEMPORARY HOUSING UNTIL PERMANENT HOUSING IS SECURED) FOR 9 FAMILIES IN 7 EFFICIENCY AND 2 ONE BEDROOM UNITS. FAMILIES CAN REMAIN IN BRIDGE HOUSING FOR UP TO 24 MONTHS.PSH - PERMANENT SUPPORTIVE HOUSING FOR TWO CHRONICALLY HOMELESSFAMILIES IN OFF-SITE APARTMENTS.MAJOR ACCOMPLISHMENTS:IAP - WE SERVED 35 FAMILIES INCLUDING 83 CHILDREN IN THE IAP PROGRAM. AVERAGE LENGTH OF STAY FOR CLIENTS EXISTING WAS 80 DAYS. 90% (73 OF 81 PARTICIPANTS) EXITED TO PERMANENT OR TRANSITIONAL HOUSING. 3 VETERAN FAMILIES SERVED.TAP - WE SERVED 17 FAMILIES INCLUDING 42 CHILDREN IN THE TAP PROGRAM. AVERAGE LENGTH OF STAY FOR CLIENTS EXITING WAS 164 DAYS OR APPROXIMATELY 5.5 MONTHS. 100% (17 OF 17 PARTICIPANTS) EXITED TO PERMANENT OR TRANSITIONAL HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cafferty Lisa M Treasurer | OfficerTrustee | 2 | $0 |
Briggs Rebecca Vice Chair (until 10/2020) | OfficerTrustee | 2 | $0 |
Gorman Mark Chair | OfficerTrustee | 2 | $0 |
Hohlfelder Joshua Secretary | OfficerTrustee | 2 | $0 |
Margaret Holland Mcduff CEO | Officer | 2 | $0 |
Coussa Patricia Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wb Mason General Supplies | 6/29/17 | $109,029 |
The Damon Company Construction Management | 6/29/17 | $1,739,556 |
Wb Mason General Supplies | 6/29/17 | $109,029 |
Contractors Network Inc Construction Contractor | 6/29/17 | $102,788 |
The Damon Company Construction Management | 6/29/17 | $1,739,556 |
Contractors Network Inc Construction Contractor | 6/29/17 | $102,788 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $3,541 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $261,194 |
| All other contributions, gifts, grants, and similar amounts not included above | $698,522 |
| Noncash contributions included in lines 1a–1f | $2,168 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $963,257 |
| Total Program Service Revenue | $11,969 |
| Investment income | $10,756 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $71,618 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,058,638 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $119,697 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,664 |
| Fees for services: Other | $646,623 |
| Advertising and promotion | $20 |
| Office expenses | $7,812 |
| Information technology | $5,560 |
| Royalties | $0 |
| Occupancy | $155,730 |
| Travel | $8,451 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,040 |
| Insurance | $5,818 |
| All other expenses | $1,002 |
| Total functional expenses | $1,084,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,852 |
| Savings and temporary cash investments | $822,495 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,560 |
| 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 | $684 |
| Net Land, buildings, and equipment | $3,121,687 |
| Investments—publicly traded securities | $605,548 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,638,826 |
| Accounts payable and accrued expenses | $11,122 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $69,203 |
| Total liabilities | $1,080,325 |
| Net assets without donor restrictions | $3,157,783 |
| Net assets with donor restrictions | $400,718 |
| 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 | $4,638,826 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lucys Hearth has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
The Harry M Miriam C & William C Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Middlesex Human Service Agency Inc Waltham, MA | $4,587,746 | $16,335,649 |
Columbus House New Haven, CT | $15,682,244 | $16,470,970 |
Rosies Place Inc Boston, MA | $38,499,401 | $18,742,725 |
Vietnam Veterans Workshop Inc Boston, MA | $30,041,487 | $14,388,519 |
Lazarus House Incorporated Lawrence, MA | $10,094,845 | $10,908,998 |
Citizens Inn Inc Peabody, MA | $4,459,514 | $7,948,455 |
Casa Nueva Vida Inc Jamaica Plain, MA | $5,246,257 | $6,906,290 |
Rhode Island Coalition For The Homeless Pawtucket, RI | $2,340,548 | $6,624,624 |
Pacific House Inc Stamford, CT | $23,158,801 | $7,136,874 |
Marillac Residence Inc Wellesley, MA | $7,075,004 | $6,383,688 |
Lynn Shelter Association Inc Lynn, MA | $3,588,906 | $6,433,551 |
Mercy Housing And Shelter Corporation Hartford, CT | $11,417,501 | $5,410,138 |