Breaktime United Inc
- Assets
- $3.8m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 119
- Location
- Boston, MA
- Founding
- 12/2019
- Data as of
- 12/2022
- EIN
- 84-2301372
Organization Overview
Breaktime United Inc is located in Boston, MA. The organization was established in 2019. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2022, Breaktime United Inc employed 119 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Breaktime United 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 12/2022, Breaktime United Inc generated $4.7m in total revenue. All expenses for the organization totaled $2.2m during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BREAKTIME IS A BOSTON-BASED NONPROFIT WORKING TO END YOUNG ADULT HOMELESSNESS THROUGH PURPOSEFUL TRANSITIONAL EMPLOYMENT AND FINANCIAL EMPOWERMENT. WE EMPOWER YOUNG ADULTS EXPERIENCING HOMELESSNESS TO SECURE STABLE EMPLOYMENT AND PERMANENT HOUSING WHILE BOLSTERING THE HEALTH OF THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BREAKTIMES MODEL CENTERS AROUND A 15-WEEK PURPOSEFUL TRANSITIONAL EMPLOYMENT PROGRAM CALLED THE DOUBLE IMPACT INITIATIVE. THIS PROGRAM ENSURES THAT PARTICIPANTS (ASSOCIATES) ARE (1) EQUIPPED WITH THE JOB SKILLS AND FINANCIAL STABILITY THEY NEED FOR LONG-TERM SUCCESS; (2) ENGAGED IN MEANINGFUL WORK IN THEIR COMMUNITY; AND (3) EMPOWERED TO SEE THEIR OWN POTENTIAL AS A YOUNG PERSON. WE RECRUIT YOUNG ADULTS FROM OTHER NONPROFITS PROVIDING TRANSITIONAL HOUSING AND CASE MANAGEMENT, AND FOLLOWING TWO WEEKS OF COHORT-BASED TRAINING, WE CO-FUND THE WAGES FOR ASSOCIATES TO WORK AT LOCAL NONPROFITS AND COMMUNITY ORGANIZATIONS FOR THREE MONTHS. THROUGH THIS EARLY INTERVENTION, BREAKTIME COMBATS LONG-TERM CHRONIC HOMELESSNESS AND SUPPORTS YOUNG ADULTS IN BECOMING CHANGEMAKERS IN THEIR COMMUNITIES. ULTIMATELY, THE DOUBLE IMPACT INITIATIVE ACCOMPLISHES TWO GOALS: LAUNCHING THE CAREERS OF YOUNG ADULTS EXPERIENCING HOMELESSNESS AND EMPOWERING THEM THROUGH PURPOSEFUL TRANSITIONAL EMPLOYMENT THAT PROMOTES THE HEALTH AND WELLBEING OF THEIR COMMUNITIES. WE BELIEVE IN THE POWER AND POTENTIAL OF ALL YOUNG PEOPLE TO SUPPORT THEIR COMMUNITIES AND BELIEVE THAT THE OPPORTUNITY TO GIVE BACK TO OTHERS IS JUST AS TRANSFORMATIVE AS THE JOB ITSELF. WE HOPE TO NOT ONLY EMPOWER YOUNG ADULTS WITH THE PATHWAYS AND FINANCIAL RESOURCES TO LEAD A STABLE LIFE, BUT WE ALSO HOPE TO EMPOWER YOUNG ADULTS WITH THE PURPOSE AND PERSPECTIVE TO BECOME CHANGEMAKERS IN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connor Schoen Co-Founder/e | OfficerTrustee | 40 | $126,000 |
Jessica Castro Director | Trustee | 2 | $0 |
Gary Pforzheimer Director | Trustee | 2 | $0 |
Tony Shu Co-Founder/c | OfficerTrustee | 2 | $0 |
Grace Sterling Stowell Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $124,969 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,447,050 |
| Noncash contributions included in lines 1a–1f | $1,551 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,572,019 |
| Total Program Service Revenue | $148,493 |
| Investment income | $250 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $4,720,762 |
| 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. | $126,000 |
| Compensation of current officers, directors, key employees. | $10,080 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,307,108 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $120,840 |
| Payroll taxes | $131,331 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,043 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $315,386 |
| Advertising and promotion | $0 |
| Office expenses | $30,203 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,600 |
| Travel | $13,062 |
| 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 | $2,959 |
| Insurance | $4,638 |
| All other expenses | $16,617 |
| Total functional expenses | $2,173,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,754,327 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,264,907 |
| Accounts receivable, net | $22,298 |
| 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 | $17,207 |
| Net Land, buildings, and equipment | $107,981 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $597,400 |
| Total assets | $3,764,120 |
| Accounts payable and accrued expenses | $130,313 |
| 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 | $31,200 |
| Total liabilities | $161,513 |
| Net assets without donor restrictions | $1,524,704 |
| Net assets with donor restrictions | $2,077,903 |
| 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 | $3,764,120 |