Neighborhood Villages Inc
- Assets
- $6.4m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 27
- Location
- Jamaica Plain, MA
- Founding
- 04/2018
- Data as of
- 06/2023
- EIN
- 82-1859365
Organization Overview
Neighborhood Villages Inc is located in Jamaica Plain, MA. The organization was established in 2018. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2023, Neighborhood Villages Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborhood Villages 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, Neighborhood Villages Inc generated $8.3m in total revenue. All expenses for the organization totaled $6.1m during the year ending 06/2023. While expenses have increased by 94.7% 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.
Since 2022, Neighborhood Villages Inc has awarded 12 individual grants totaling $1,860,349. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ADVOCATE FOR REFORM OF, & IMPLE- MENT INNOVATIVE, SCALABLE SOLUTIONS FOR, EARLY EDUC & CARE PROVIDERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEIGHBORHOOD VILLAGES WORKS TO HELP ALL FAMILIES ACCESS HIGH-QUALITY, AFFORDABLE CHILD CARE THROUGH EVIDENCE-BASED PUBLIC POLICY SOLUTIONS, STATEWIDE WORKFORCE DEVELOPMENT PROGRAMS, AND ON-THE-GROUND INNOVATIONS IN EARLY EDUCATION AND CARE SETTINGS. IN ADDITION TO THE POLICY AND WORKFORCE DEVELOPMENT WORK, NEIGHBORHOOD VILLAGES WORKS TO PARTNER WITH HIGH-QUALITY SCHOOLS THAT GO BEYOND EDUCATION TO ADDRESS THE NEEDS OF THE WHOLE CHILD AND FAMILY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Kennedy Co-Pres/chief Strategy Off | OfficerTrustee | 40 | $157,758 |
Sarah Muncey Co-Pres/chief Innov Office | OfficerTrustee | 40 | $153,308 |
Landis Becker-Young Chair/director | OfficerTrustee | 1 | $0 |
Henry Ford III Treasurer/director | OfficerTrustee | 1 | $0 |
Emily Ford Vice Chair/director | OfficerTrustee | 1 | $0 |
Linda Smith Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Insource Services Inc Finance And Hr | 6/29/22 | $239,260 |
United Way Of Massachusetts Bay And Merr Business Management Program | 6/29/22 | $233,099 |
Urban College Of Boston (V) Professional Pathways | 6/29/22 | $120,300 |
Lemonada Media Inc Podcast | 6/29/22 | $218,001 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,800,007 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,245,845 |
| Noncash contributions included in lines 1a–1f | $46,885 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,045,852 |
| Total Program Service Revenue | $238,334 |
| Investment income | $14,149 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,828 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,301,163 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,031,299 |
| 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. | $335,339 |
| Compensation of current officers, directors, key employees. | $50,280 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,656,857 |
| Pension plan accruals and contributions | $56,691 |
| Other employee benefits | $130,639 |
| Payroll taxes | $166,696 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $46,326 |
| Fees for services: Accounting | $234,263 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $183 |
| Fees for services: Other | $1,165,293 |
| Advertising and promotion | $163,020 |
| Office expenses | $14,468 |
| Information technology | $34,843 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,435 |
| 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 | $195,437 |
| Insurance | $28,999 |
| All other expenses | $0 |
| Total functional expenses | $6,077,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,019,740 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,935,036 |
| Accounts receivable, net | $73,848 |
| 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 | $27,317 |
| Net Land, buildings, and equipment | $24,298 |
| Investments—publicly traded securities | $14 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $315,757 |
| Other assets | $0 |
| Total assets | $6,396,010 |
| Accounts payable and accrued expenses | $256,034 |
| Grants payable | $251,365 |
| 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 | $0 |
| Total liabilities | $507,399 |
| Net assets without donor restrictions | $4,327,160 |
| Net assets with donor restrictions | $1,561,451 |
| 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 | $6,396,010 |
Grants Awarded
Over the last fiscal year, Neighborhood Villages Inc has awarded $1,031,299 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NURTURY INC PURPOSE: SOCIAL WELFARE | $185,953 |
ELLIS MEMORIAL AND ELDREDGE HOUSE PURPOSE: SOCIAL WELFARE | $199,022 |
HORIZONS FOR HOMELESS CHILDREN PURPOSE: SOCIAL WELFARE | $108,015 |
EAST BOSTON SOCIAL CENTER PURPOSE: SOCIAL WELFARE | $162,454 |
THE EPIPHANY SCHOOL PURPOSE: SOCIAL WELFARE | $139,567 |
NEIGHBORHOOD VILLAGES ACTION FUND INC PURPOSE: SOCIAL WELFARE | $236,288 |