Civic Intelligence

Montachusett Opportunity Council Inc

990 • Fiscal year 2022 • EIN 04-2401111

Nov 01, 2021 to Oct 31, 2022 • Filed on Sep 13, 2023

601 River StreetFitchburg, MA 01420

(978) 345-7040

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.46x

Higher debt load relative to assets than 71% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

37th percentile

0.17x

Higher debt load relative to revenue than 37% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

51st percentile

6.9%

Higher net margin than 51% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

26th percentile

$168,799

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

76th percentile

14%

Faster asset growth than 76% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

76th percentile

24%

Faster revenue growth than 76% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Up

$11,301,633

Up $1,350,701 (+14%) from 2021

Net Assets

Up

$6,149,277

Up $2,057,184 (+50%) from 2021

Liabilities

Down

$5,152,356

Down $706,483 (-12%) from 2021

Revenue

Up

$29,784,975

Up $5,848,182 (+24%) from 2021

Expenses

Up

$27,727,791

Up $3,966,790 (+17%) from 2021

Net Income

Up

$2,057,184

Up $1,881,392 (+1070%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2010: $5,374,985Liabilities 2010: $2,744,116Net Assets 2010: $2,630,8692010Assets 2011: $5,241,978Liabilities 2011: $2,566,288Net Assets 2011: $2,675,6902011Assets 2012: $5,211,539Liabilities 2012: $2,645,845Net Assets 2012: $2,565,6942012Assets 2013: $4,553,077Liabilities 2013: $2,266,607Net Assets 2013: $2,286,4702013Assets 2014: $5,373,805Liabilities 2014: $2,634,643Net Assets 2014: $2,739,1622014Assets 2015: $5,091,937Liabilities 2015: $2,373,630Net Assets 2015: $2,718,3072015Assets 2016: $5,677,067Liabilities 2016: $2,683,098Net Assets 2016: $2,993,9692016Assets 2017: $5,431,627Liabilities 2017: $2,491,461Net Assets 2017: $2,940,1662017Assets 2018: $6,473,413Liabilities 2018: $3,676,749Net Assets 2018: $2,796,6642018Assets 2019: $7,779,997Liabilities 2019: $4,488,108Net Assets 2019: $3,291,8892019Assets 2020: $9,623,119Liabilities 2020: $5,706,818Net Assets 2020: $3,916,3012020Assets 2021: $9,950,932Liabilities 2021: $5,858,839Net Assets 2021: $4,092,0932021Assets 2022: $11,301,633Liabilities 2022: $5,152,356Net Assets 2022: $6,149,2772022Assets 2023: $34,836,321Liabilities 2023: $27,614,777Net Assets 2023: $7,221,5442023Assets 2024: $67,381,595Liabilities 2024: $54,794,908Net Assets 2024: $12,586,6872024

Highlighted filing

2022

Assets$11,301,633
Liabilities$5,152,356
Net Assets$6,149,277

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MExpenses 2010: $16,697,9892010Expenses 2011: $16,218,3142011Expenses 2012: $16,480,8692012Revenue 2013: $16,538,010Expenses 2013: $16,817,234Net Income 2013: -$279,2242013Revenue 2014: $17,490,213Expenses 2014: $17,037,521Net Income 2014: $452,6922014Revenue 2015: $16,674,317Expenses 2015: $16,695,172Net Income 2015: -$20,8552015Revenue 2016: $17,541,703Expenses 2016: $17,266,041Net Income 2016: $275,6622016Revenue 2017: $17,756,771Expenses 2017: $17,810,574Net Income 2017: -$53,8032017Revenue 2018: $19,037,102Expenses 2018: $19,180,604Net Income 2018: -$143,5022018Revenue 2019: $20,831,404Expenses 2019: $20,336,179Net Income 2019: $495,2252019Revenue 2020: $21,477,448Expenses 2020: $20,853,036Net Income 2020: $624,4122020Revenue 2021: $23,936,793Expenses 2021: $23,761,001Net Income 2021: $175,7922021Revenue 2022: $29,784,975Expenses 2022: $27,727,791Net Income 2022: $2,057,1842022Revenue 2023: $53,375,177Expenses 2023: $52,267,543Net Income 2023: $1,107,6342023Revenue 2024: $93,132,072Expenses 2024: $87,766,929Net Income 2024: $5,365,1432024

Highlighted filing

2022

Revenue$29,784,975
Expenses$27,727,791
Net Income$2,057,184
Jump To
Filing Snapshot
Filing Period
Nov 1, 2021 to Oct 31, 2022
Signed
Sep 13, 2023
Return Version
2021v4.0
Gross Receipts
$29,902,630
Mission and Program Overview

Mission

Montachusett opportunity council, inc. (moc) was established in 1966 for the primary purpose of promoting the well-being of low-income people in the cities and towns of north central massachusetts. The moc service area encompasses 30 cities and towns, 15 of which are community action agency designated. Moc's mission is to empower families to achieve economic security by eliminating barriers and creating opportunities. We work to fulfill this purpose by providing direct services, coordinating resources and collaborating with other public and private entities. In addition to providing an array of programs that serve individuals across the lifespan, we have increasingly focused on policy, systems and environmental change to address root causes, and have embraced collective impact in our approach to effect greater change within our communities. We are committed to engaging all members of our communities as we develop comprehensive strategies that address the complex issues of poverty.

Alleviate poverty, promote self-sufficiency, and build healthy communities by creating opportunities, coordinating resources and advocating for social change.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,200,072$4,875,645▲ $675,573
Accounts Receivable$3,135,655$3,873,686▲ $738,031
Cash and Non-Interest-Bearing Accounts$2,243,114$2,150,180▼ $92,934
Prepaid Expenses and Deferred Charges$287,919$250,528▼ $37,391
Pledges and Grants Receivable-$66,666-
Savings and Temporary Cash Investments$50,198$50,212▲ $14
Inventories for Sale or Use$12,654$12,846▲ $192
Total Assets$9,950,932$11,301,633▲ $1,350,701
Other Assets Total$21,320$21,870▲ $550
Liabilities
Accounts Payable and Accrued Expenses$2,071,577$2,473,856▲ $402,279
Mortgage Notes Payable Secured by Investment Property$1,708,538$1,657,011▼ $51,527
Unsecured Notes Loans Payable$1,000,000--
Tax Exempt Bond Liabilities$650,012$570,108▼ $79,904
Other Liabilities$174,000$243,000▲ $69,000
Deferred Revenue$254,712$208,381▼ $46,331
Total Liabilities$5,858,839$5,152,356▼ $706,483
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,847,423$5,562,937▲ $1,715,514
Net Assets With Donor Restrictions$244,670$586,340▲ $341,670
Total Net Assets Fund Balance$4,092,093$6,149,277▲ $2,057,184
Total Liabilities and Net Assets / Fund Balance$9,950,932$11,301,633▲ $1,350,701

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,204,589$2,261,370$5,465,959
Leasehold Improvements$882,682$141,308$1,023,990
Other Land Buildings$371,233$490,449$861,682
Equipment$164,641$241,399$406,040
Land$252,500-$252,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin ReedExecutive DiFT$142,898$25,901$168,799
Kevin ReedExecutive Director-$142,898$25,901$168,799
Linda DuffyVP Finance &FT$125,051$8,701$133,752
Scott CariganVP ProgramsFT$112,134$4,915$117,049
Julie DelilloVP Human ResFT$102,700$4,814$107,514

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Energy Protectors INCWeatherization1 ROBERT CIRCLE, North Grafton, MA 01536$1,576,875
Trio Community MealsProvide MealsPO BOX 742992, Atlanta, GA 30374$907,902
Elite Construction Design INCConstruction61 SAWYER PASSWAY, Fitchburg, MA 01420$529,915
Ese INCWeatherization52 FITZGERALD DRIVE, Jaffrey, NH 03452$443,749
Imc Quality Cleaning CorpMaintenance507 LANCASTER ST 3, Leominster, MA 01453$429,750
Revenue and Support

Revenue Composition

Contributions and Grants
$28,962,080
Program Service Revenue
$818,819
Investment Income
$1,111
Other Revenue
$2,965
All Other Contributions
$7,082,522
Change in Net Assets
$2,057,184

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table57,539$299,629Cost/donor Provided
Other Non Cash Contri Table268$17,175Cost/donor Provided
Other Non Cash Contri Table9$7,792Cost/donor Provided
Total Noncash Contributions57,816$324,596-

Audited Revenue Reconciliation

Revenue per Audited Statements
$29,784,975
Revenue Not Reported on Form 990
$34,800
Total Revenue per Audited Statements
$29,819,775
Total Revenue per Form 990
$29,784,975
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$15,531,892
Other Expenses$10,421,757
Grants and Similar Amounts Paid$1,774,142
Total Fundraising Expense$54,875
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,818,774$1,138,905$29,464$11,987,143
Fees for Services Other$5,950,832--$5,950,832
Grants to Domestic Individuals$1,774,142--$1,774,142
Other Employee Benefits$1,373,784$183,223$3,617$1,560,624
Occupancy$1,499,542$51,979-$1,551,521
Payroll Taxes$1,141,242$143,320$3,831$1,288,393
Current Officers, Directors, Trustees, and Key Employees-$344,411$13,914$358,325
Depreciation Depletion$289,168$49,256-$338,424
Pension Plan Contributions$309,187$27,506$714$337,407
Information Technology$164,422$39,074-$203,496
All Other Expenses$150,430$23,726$2,088$176,244
Conferences and Meetings$153,098$9,770-$162,868
Other Expenses$138,748$1,508$265$140,256
Office Expenses$103,576$11,388-$114,964
Insurance$553$77,980-$78,533
Fees for Services Accounting-$55,025-$55,025
Fees for Services Legal$13,142$34,409-$47,551
Travel$25,578$75-$25,653
Advertising$4,960$3,199$12$8,171
Interest$232$1,191-$1,423
Total Functional Expenses$25,162,877$2,510,039$54,875$27,727,791

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$27,762,591
Expenses per Audited Statements$27,727,791
Total Expenses per Form 990$27,727,791
Expenses Not Reported on Form 990$34,800
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent Liability$243,000

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMassdevelopment2008-10-31$1,450,000REFINANCE DEBT

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Prior to filing, the form 990 is reviewed by the audit and finance committees of the board of directors. The form 990 is then reviewed by moc's board of directors. The form 990 will be filed upon approval by the audit and finance committee.

Form 990, Page 6, Part VI, Line 12C

New members are required to fill out a conflict of interest form when they begin their term on the board. All board members annually complete a conflict of interest form. Kevin reed, exectuve director, and leona shaw operations director, determine if a potential conflict exists. If a potential conflict is found to exist, that person is barred from participating in any deliberations or decisions regarding the conflicting matter.

Form 990, Page 6, Part VI, Line 15A

Part of moc's board of directors structure includes a personnel committee that approves the wage and salary structure for moc's employees.

Form 990, Page 6, Part VI, Line 15B

Part of moc's board of directors structure includes a personnel committee that approves the wage and salary structure for moc's officers and key employees.

Form 990, Page 6, Part VI, Line 19

Moc's audited financial statements are available on the official website of the attorney general of massachusetts at www.charities.ago.state.ma.us. Moc does not make their conflict of interest policy available to the public. In addition, various other governing documents are also available on the official website of the secretary of state of massachusetts at:

Filing and Contact Details

Filer

Filer Name
Making Opportunity Count Inc
EIN
04-2401111
Phone
9783457040
Address
601 RIVER STREET, FITCHBURG, MA 01420

Signing Officer

Name
Kevin Reed
Title
Executive Director
Phone
9783457040
Signed
2023-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Duffy
Formed
1966
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
13
Employees
396
Volunteers
352

Preparer

Firm
Anstiss & Co Pc
Address
6 OMNI WAY SUITE 201, CHELMSFORD, MA 01824-4141
Preparer
Brendan E Toolin
Phone
9784522500
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 2

Moc assumed the state contract for the low income home energy assistance program (liheap), commonly known as fuel assistance. The program helps keep families safe and healthy through initiatives that assist families with energy costs. Liheap provides federally funded assistance to reduce the costs associated with home energy bills, energy crises, weatherization, and minor energy-related home repairs.

Form 990, Page 2, Part III, Line 4A

Child care & head start services: moc offers a wide range of services to families with young children, emphasizing health and well-being, parent development, and early education and care. Moc's childcare programs foster cognitive, social, emotional, and physical growth in secure and nurturing settings. Moc conducts classes in preschool centers throughout the north central region, as well as through home-based providers. Depending on their needs, families can opt for part- time or full-day programs, after-school care, infant care, or programs for school-aged children. Moc's childcare services allow parents to pursue or maintain employment, undertake career training, or continue their education. Moreover, moc links parents to training sessions and self- improvement programs, encouraging leadership skill development and community engagement.

Form 990, Page 2, Part III, Line 4B

Community services provided include the following: teen & youth services: moc supports the school-aged youth and teens of the north central community by offering services that foster positive youth development. Moc's services include after-school and summer camp programs aimed at engaging at-risk youth in activities that enhance both academic performance and social- emotional well-being. Additionally, moc's youth innovation center focuses on workforce development in multi-media and art, allowing teens to explore various interests and potential career paths. Moc also offers bystander intervention and peer mentorship programs, which work together to support both in-school and out-of-school efforts to cultivate healthy relationships and further encourage positive youth development. Career readiness initiatives connect teens to opportunities and link them with local employers. Financial education services: moc's financial empowerment center provides education and counseling to low-income individuals aiming to enhance financial literacy and bolster economic security. These services are vital for achieving long-term financial and life objectives. The center offers financial education courses along with personalized counseling, which covers areas like budgeting, spending and saving strategies, credit building and repair, as well as investing and asset growth. Additionally, moc facilitates free electronic tax filing assistance for low-income households through the volunteer income tax assistance program, using the expertise of volunteer tax preparers. Employment services: moc's employment services are dedicated to enhancing the employability of those who are unemployed or underemployed in our community. Moc focuses on skill development, career preparedness, and building stronger links to employers to achieve sustained employment. Moc offers several youth work programs, especially during the summer when demand is higher. For adults, moc secures jobs connect program assists those who are homeless or at the brink of homelessness, guiding them towards self-sufficiency and independence through tailored training, case management, and job placement. All moc's career readiness initiatives emphasize soft skills, occupation- specific training, job coaching, and supportive services to overcome obstacles to stable employment. Housing services: moc offers a comprehensive range of homeless services, assisting individuals and families facing housing challenges in their quest for stable housing. Moc's prevention services support families who, while currently housed, are at risk of homelessness, ensuring they remain in their existing homes. Moc's diversion services aim to help emergency assistance-eligible families bypass the shelter system altogether. In situations where individuals and families find themselves in shelters, moc's re-housing services step in to help them transition to permanent housing solutions. Once out of the shelters, our stabilization services ensure that these families maintain their stable housing. For families with disabled members and are either homeless or on the verge of homelessness, moc's supportive housing program is dedicated to helping them find and keep safe, decent, and affordable housing. Additionally, moc operates family shelters across the region, further solidifying our commitment to supporting those in immediate need. Family & parent services: at moc's family resource center, a range of support services and advocacy tailored for parents are offered. These services are designed to enhance parental involvement, educate on child development and effective parenting strategies, foster social connections, and provide tangible support during challenging times. Through a number of family programs, moc provides access to social and community engagement opportunities. In addition, moc's first steps together parent recovery program connects parents with essential resources, support groups, and peer specialists to enrich th

Form 990, Page 2, Part III, Line 4D

Nutrition: wic - north central wic (women, infants and children) is dedicated to enhancing the nutritional well-being of pre-natal and postpartum women, infants, and children. Wic is a special supplemental nutrition program that provides nutritious foods, nutrition education, breastfeeding support, and referrals to health and other social services to participants, ensuring that mothers and young children have access to resources for a healthy start. Elder services - moc's elder nutrition programs support healthier living and longevity for seniors in our community. Moc offers nutritionally balanced meals through both congregate settings and a home delivery service. Each meal meets a third of the daily recommended dietary allowance for adults. Beyond nutrition, our services aim to combat the social isolation frequently faced by the elderly, enhancing their quality of life and promoting independence. Moc also provides individual and group nutrition education to those participating in the program. Health services: care aids services - moc offers comprehensive case management to enhance medical care for hiv+ clients. This includes peer support, medical transportation, benefit enrollment, and specialized resources. Additionally, moc connects clients to supportive housing and food pantries tailored to their dietary needs, all aimed at improving their overall health outcomes. Behavioral health services - the counseling center at moc is a licensed behavioral health clinic offering a diverse range of outpatient mental health services, including individual psychotherapy and medication management. Each service is tailored to the unique needs of our clients, emphasizing consultation, collaboration, and coordinated care while respecting individual strengths and differences. Moc's primary goal is to foster recovery, enhance well-being, and improve the quality of life for individuals and their families. Moc aims to alleviate symptoms, bolster resilience, enhance daily functioning, and when relevant, facilitate seamless reintegration into the community. Adolescent sexuality education services - moc's adolescent sexuality education program, previously known as the teen pregnancy prevention initiative, provides evidence-based education to teens and young adults in north central ma. This initiative emphasizes the importance of healthy relationships, informed decision-making, and personal well-being. Moc's clinically-focused approach ensures that participants are well-equipped with the knowledge and resources necessary for making informed choices regarding their sexual and relational health.

Form 990, Part IX, Line 11G

OTHER FEES 5,950,832 0 0

Financial Statement Notes

Schedule D, Page 3, Part X

The agency accounts for uncertainty in income taxes in accordance with asc topic, "income taxes." this standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the financial statements regarding a tax position taken or expected to be taken in a tax return. The agency has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the financial statements at october 31, 2022 and 2021. The agency's information returns are subject to examination by the federal and state jurisdictions and generally remain open for the most recent three years.

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IRS990/Form990PartVIISectionAGrp/TitleTxt19EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt20VP FINANCE &
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$67.4$54.8$12.6$93.1$87.8$5.37
2023Detailed filing. Detailed filing data is available for this year.$34.8$27.6$7.22$53.4$52.3$1.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$5.15$6.15$29.8$27.7$2.06
2021Detailed filing. Detailed filing data is available for this year.$9.95$5.86$4.09$23.9$23.8$0.18
2020Detailed filing. Detailed filing data is available for this year.$9.62$5.71$3.92$21.5$20.9$0.62
2019Summary only. Only limited summary data is available for this year.$7.78$4.49$3.29$20.8$20.3$0.50
2018Detailed filing. Detailed filing data is available for this year.$6.47$3.68$2.80$19.0$19.2$0.14
2017Detailed filing. Detailed filing data is available for this year.$5.43$2.49$2.94$17.8$17.8$0.05
2016Detailed filing. Detailed filing data is available for this year.$5.68$2.68$2.99$17.5$17.3$0.28
2015Detailed filing. Detailed filing data is available for this year.$5.09$2.37$2.72$16.7$16.7$0.02
2014Detailed filing. Detailed filing data is available for this year.$5.37$2.63$2.74$17.5$17.0$0.45
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.55$2.27$2.29$16.5$16.8$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.21$2.65$2.57$16.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.24$2.57$2.68$16.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.37$2.74$2.63$16.7
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $25M-$50M nonprofits