Overview
What is Massachusetts Wonderfund Inc?
Massachusetts Wonderfund Inc is a private, nonprofit organization located in Boston, Massachusetts. Their primary mission is to support children in need, specifically those receiving services from the Massachusetts Department of Children and Families (DCF). They achieve this by providing enrichment opportunities, such as music lessons, SAT preparation, and summer camps, to foster confidence, character, and respect. Additionally, they offer emergency aid and transitional necessities, providing funds for basic needs like clothing and winter coats. During the holiday season, they arrange donated gifts for children and teens. The organization strives to bring comfort and dignity to children in traumatic situations and enrich childhoods impacted by abuse and neglect.
Official website here: www.wonderfundma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 92% - Four-Star out of Four Star rating
Massachusetts Wonderfund Inc has achieved a strong 92% score, indicating high accountability and financial health. The organization boasts a fully independent board and excellent fiscal ratios, showcasing its commitment to effective governance and responsible financial management. However, it is worth noting that the organization is missing some policies, such as a whistleblower policy and document retention guidelines, which could enhance its operational transparency.
User reviews highlight the impactful programs the Wonderfund offers, particularly its Holiday Gift Drive, which serves tens of thousands of children in the foster care system. Reviewers, including board members and donors, emphasize the organization's positive influence on the lives of young people and their families, offering vital enrichment opportunities like summer camps and sports activities. These testimonials reflect a strong community appreciation for the Wonderfund's contributions.
Overall, the feedback illustrates that Massachusetts Wonderfund Inc is well-regarded in its mission to support children in state custody. While it excels in many areas, the identified gaps in specific governance policies may be opportunities for further strengthening its organizational framework.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Massachusetts Wonderfund Inc legitimate?
Massachusetts Wonderfund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Wonderfund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $208,729
Professional Fundraising Fees: $0
Other Salaries and Wages: $260,786
For more financial information, click here
Official website here: www.wonderfundma.org
What is the mission statement of Massachusetts Wonderfund Inc?
Massachusetts Wonderfund Inc, a private, nonprofit organization, is dedicated to supporting children who are receiving services from the Department of Children and Families (DCF). The organization's mission is to provide enrichment opportunities and emergency aid, as well as transitional necessities, for these children. In situations of trauma, Massachusetts Wonderfund aims to bring comfort and dignity to the children. Moreover, the organization strives to enrich the lives of children impacted by abuse and neglect, improving their overall childhood experiences.
Official website here: www.wonderfundma.org
Who is the CEO of Massachusetts Wonderfund Inc?
Erin Murphy Rafferty is the Director of Massachusetts Wonderfund Inc. The CEO's salary of Massachusetts Wonderfund Inc is $172,339 and their total compensation is $193,504.
Official website here: www.wonderfundma.org
What is the revenue of Massachusetts Wonderfund Inc?
Massachusetts Wonderfund Inc's revenue in 2022 was $7,496,805.
Official website here: www.wonderfundma.org
Who are the executives of Massachusetts Wonderfund Inc and what are their salaries?
The average compensation at Massachusetts Wonderfund Inc during 2022 was $78,252. There are 6 employees and 100 volunteers at Massachusetts Wonderfund Inc.
Here are 18 key members and their salaries (Massachusetts Wonderfund Inc's CEO's salary is $172,339 and their total compensation is $193,504):
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- Compensation: $172,339
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- Other: $21,165
Official website here: www.wonderfundma.org
Where can I find the form 990 for Massachusetts Wonderfund Inc?
Massachusetts Wonderfund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wonderfundma.org
Learn more at the official website: www.wonderfundma.org
Mission Statement of Massachusetts Wonderfund Inc
Massachusetts Wonderfund Inc, a private, nonprofit 501(C)3 organization, invests in children receiving services from the Department of Children and Families (DCF) by providing enrichment opportunities and access to emergency aid and transitional necessities. The mission of Massachusetts Wonderfund Inc is to bring comfort and dignity in traumatic situations and enrich childhoods that have been impacted by abuse and neglect. By offering these resources, the organization aims to uplift these children and help them overcome the challenges they face, ultimately striving for a brighter future.
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Impact
July, 2024
Massachusetts Wonderfund Inc has a significant impact on children receiving services from the Massachusetts Department of Children and Families. By providing enrichment opportunities, emergency aid, and transitional necessities, the organization brings comfort and dignity to children in traumatic situations. They invest in moments that build confidence, character, and foster lifelong respect for self and others through activities such as music lessons, SAT prep, and sports camps. Additionally, Massachusetts Wonderfund Inc supports children with emergency removal kits, basic necessities like clothing and pajamas, and essential items like winter coats.
Through initiatives like holiday drives, the organization ensures that every child receives a gift during the holidays, spreading joy and a sense of care. Overall, Massachusetts Wonderfund Inc plays a crucial role in enriching the lives of children impacted by abuse and neglect, striving to provide them with moments of joy and support during difficult times.
This information is meant to be a general summary of Massachusetts Wonderfund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $27,732
- Gross Receipts: $12,828,642
Assets and Liabilities:
- Total Assets: $10,544,726
- Total Liabilities: $56,954
- Net Assets: $10,487,772
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Organization Details
Founding Year
1998
Phone
(857) 338-2978Principal Officer
Erin Murphy Rafferty
Main Address
600 WASHINGTON STREET 6TH FLOOR, BOSTON, MA, 02111
Website
www.wonderfundma.orgNTEE Category
Code: P30 - Human services
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