Cast Inc
- Assets
- $7.6m
- Revenue
- $12.3m
- Investments
- $0.0
- Employees
- 57
- Location
- Wakefield, MA
- Founding
- 11/1986
- Data as of
- 09/2021
- EIN
- 22-2746879
Organization Overview
Cast Inc is located in Wakefield, MA. The organization was established in 1986. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 09/2021, Cast Inc employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cast 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 09/2021, Cast Inc generated $12.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $11.9m during the year ending 09/2021. While expenses have increased by 7.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM EDUCATION DESIGN AND PRACTICE TO ADDRESS VARIABILITY OF ALL LEARNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FEDERAL GRANTS (INCLUDING SUB-RECIPIENT AWARDS): VARIOUS FEDERALLY FUNDED PROGRAMS FROM THE DOE AND NSF TO FURTHER RESEARCH AND DEVELOPMENT IN THE AREAS OF UNIVERSAL DESIGN AND PROMOTE ACCESS TO THE GENERAL CURRICULUM BY ALL LEARNERS.
FOUNDATION FUNDED: PROGRAMS AND INITIATIVES FUNDED BY FOUNDATIONS TO PROMOTE BETTER SERVICING NEEDS IN THE AREAS OF ASSESSMENT, THE DEVELOPMENT OF NEW MULTIMEDIA LEARNING ENVIRONMENTS, AND IN SOLVING VARIOUS EDUCATIONAL CHALLENGES.
CONSULTING, EDUCATION AND KNOWLEDGE DISSEMINATION: REVENUES GENERATED THROUGH PROFESSIONAL DEVELOPMENT TO TEACHERS AND THROUGH WORK WITH PUBLISHERS FOR DEVELOPING TOOLS TO ENHANCE CURRICULUM MEDIUMS PROMOTING A RICHER LEARNING ENVIRONMENT FOR ALL LEARNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Gerstle Chief Executive Officer | Officer | 40 | $235,347 |
Jose Blackorby Sr. Dir. Of Research & Dev | 40 | $211,311 | |
David Gordon Dir. Of Publishing | 40 | $184,521 | |
Boris Goldowsky Dir. Of Technology | 40 | $175,886 | |
Carole Lacy CFO & Dir. Of Human Resour | Officer | 40 | $170,507 |
Tracey Hall Senior Research Scientist | 40 | $144,458 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Evergreen Evaluation & Consulting Consultant | 9/29/21 | $327,972 |
Matthew Brambilla Computer Consultant | 9/29/21 | $102,400 |
Promantus Consultant | 9/29/21 | $224,501 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,041,224 |
| All other contributions, gifts, grants, and similar amounts not included above | $888,805 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,930,029 |
| Total Program Service Revenue | $5,282,877 |
| Investment income | $802 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $61,557 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,275,265 |
| 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. | $450,734 |
| Compensation of current officers, directors, key employees. | $414,563 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,259,366 |
| Pension plan accruals and contributions | $296,353 |
| Other employee benefits | $469,856 |
| Payroll taxes | $434,502 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,055 |
| Fees for services: Accounting | $41,950 |
| Fees for services: Lobbying | $5,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,161 |
| Office expenses | $17,939 |
| Information technology | $0 |
| Royalties | $154,767 |
| Occupancy | $394,957 |
| Travel | $35,166 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,961 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,529 |
| Insurance | $9,024 |
| All other expenses | $195,625 |
| Total functional expenses | $11,881,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,082 |
| Savings and temporary cash investments | $2,445,619 |
| Pledges and grants receivable | $461,462 |
| Accounts receivable, net | $1,133,924 |
| 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 | $146,384 |
| Net Land, buildings, and equipment | $160,992 |
| Investments—publicly traded securities | $3,237,645 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,150 |
| Total assets | $7,625,258 |
| Accounts payable and accrued expenses | $1,318,539 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $301,137 |
| Total liabilities | $1,619,676 |
| Net assets without donor restrictions | $5,787,797 |
| Net assets with donor restrictions | $217,785 |
| 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 | $7,625,258 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Cast Inc has recieved totaling $107,705.
| Awarding Organization | Amount |
|---|---|
Andrew Gomez Dream Foundation Sandy, UT PURPOSE: FUNDRAISING PARTNER | $67,568 |
Roma M Karp Foundation Inc Riverhead, NY PURPOSE: CHARITABLE | $40,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $137 |
Endowment Analysis
| Beg. Balance | $64,847 |
| Earnings | $1 |
| Other Expense | $1 |
| Ending Balance | $64,847 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nonotuck Resource Associates Northampton, MA | $18,873,235 | $49,340,481 |
Behavioral Health & Developmental Services Of Stafford County Inc Dover, NH | $15,344,389 | $51,511,437 |
Road To Responsibility Inc Marshfield, MA | $19,565,169 | $50,589,105 |
Nysarc Inc Williamsville, NY | $31,860,300 | $46,137,521 |
Nysarc Inc Montgomery County Chapter Amsterdam, NY | $44,455,992 | $44,789,753 |
Berkshire County Arc Inc Pittsfield, MA | $12,681,001 | $47,437,014 |
Consumer Directed Choices Albany, NY | $21,497,712 | $46,559,698 |
Center For Family Support Inc New York, NY | $27,265,278 | $49,190,549 |
Nysarc Inc Port Henry, NY | $36,303,802 | $46,373,007 |
Franziska Racker Centers Inc Ithaca, NY | $26,737,255 | $41,949,573 |
Community Services For Every1 Inc Buffalo, NY | $25,615,845 | $41,228,210 |
Iri Innovative Resources For Independence Inc Queens Village, NY | $57,255,612 | $54,242,990 |