Civic Intelligence

Nfi Massachusetts Inc

EIN 23-7378470 • 501(c)3 • Danvers, MA

Profile

Nfi massachusetts provides community based programs for youths, adults and families. Those served include troubled adolescents with histories of abuse and neglect, serious emotional and/or behavioral problems, and court-involved youth in addition to adults with mental illness, development disabilities and acquired brain injuries.

300 Rosewood Drive 101Danvers, MA 01923

www.nfima.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.25x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

29th percentile

0.12x

Higher debt load relative to revenue than 29% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

55th percentile

6.4%

Higher net margin than 55% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

44th percentile

$231,367

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Assets

Up

$21,737,944

Up $2,819,677 (+15%) from 2024

Liabilities

Down

$5,473,741

Down $71,744 (-1.3%) from 2024

Net Assets

Up

$16,264,203

Up $2,891,421 (+22%) from 2024

Revenue

Up

$43,902,995

Up $5,557,209 (+14%) from 2024

Expenses

Up

$41,089,630

Up $6,629,641 (+19%) from 2024

Net Income

Down

$2,813,365

Down $1,072,432 (-28%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $9,590,648Liabilities 2010: $5,849,137Net Assets 2010: $3,741,5112010Assets 2011: $9,356,629Liabilities 2011: $6,064,261Net Assets 2011: $3,292,3682011Assets 2012: $9,675,725Liabilities 2012: $6,907,260Net Assets 2012: $2,768,4652012Assets 2013: $8,871,568Liabilities 2013: $7,064,346Net Assets 2013: $1,807,2222013Assets 2014: $11,221,084Liabilities 2014: $7,690,331Net Assets 2014: $3,530,7532014Assets 2015: $12,028,433Liabilities 2015: $8,062,677Net Assets 2015: $3,965,7562015Assets 2016: $11,101,234Liabilities 2016: $7,740,358Net Assets 2016: $3,360,8762016Assets 2017: $10,204,798Liabilities 2017: $6,106,175Net Assets 2017: $4,098,6232017Assets 2018: $9,500,718Liabilities 2018: $5,791,062Net Assets 2018: $3,709,6562018Assets 2019: $9,352,883Liabilities 2019: $5,998,424Net Assets 2019: $3,354,4592019Assets 2020: $10,599,684Liabilities 2020: $5,432,896Net Assets 2020: $5,166,7882020Assets 2021: $12,715,977Liabilities 2021: $5,951,089Net Assets 2021: $6,764,8882021Assets 2022: $13,585,039Liabilities 2022: $4,875,345Net Assets 2022: $8,709,6942022Assets 2023: $14,381,074Liabilities 2023: $4,971,899Net Assets 2023: $9,409,1752023Assets 2024: $18,918,267Liabilities 2024: $5,545,485Net Assets 2024: $13,372,7822024Assets 2025: $21,737,944Liabilities 2025: $5,473,741Net Assets 2025: $16,264,2032025

Highlighted filing

2025

Assets$21,737,944
Liabilities$5,473,741
Net Assets$16,264,203

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $21,406,0162010Expenses 2011: $20,739,6562011Expenses 2012: $21,837,0382012Expenses 2013: $22,566,4322013Revenue 2014: $20,377,910Expenses 2014: $18,766,529Net Income 2014: $1,611,3812014Revenue 2015: $27,535,618Expenses 2015: $27,188,209Net Income 2015: $347,4092015Revenue 2016: $32,499,071Expenses 2016: $31,916,440Net Income 2016: $582,6312016Revenue 2017: $33,075,914Expenses 2017: $32,420,687Net Income 2017: $655,2272017Revenue 2018: $30,601,656Expenses 2018: $31,032,804Net Income 2018: -$431,1482018Revenue 2019: $29,850,032Expenses 2019: $30,266,185Net Income 2019: -$416,1532019Revenue 2020: $32,146,718Expenses 2020: $30,373,631Net Income 2020: $1,773,0872020Revenue 2021: $31,736,089Expenses 2021: $30,249,754Net Income 2021: $1,486,3352021Revenue 2022: $30,466,522Expenses 2022: $28,426,848Net Income 2022: $2,039,6742022Revenue 2023: $29,637,438Expenses 2023: $29,014,662Net Income 2023: $622,7762023Revenue 2024: $38,345,786Expenses 2024: $34,459,989Net Income 2024: $3,885,7972024Revenue 2025: $43,902,995Expenses 2025: $41,089,630Net Income 2025: $2,813,3652025

Highlighted filing

2025

Revenue$43,902,995
Expenses$41,089,630
Net Income$2,813,365

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$21.7$5.47$16.3$43.9$41.1$2.81
2024Detailed filing. Detailed filing data is available for this year.$18.9$5.55$13.4$38.3$34.5$3.89
2023Detailed filing. Detailed filing data is available for this year.$14.4$4.97$9.41$29.6$29.0$0.62
2022Detailed filing. Detailed filing data is available for this year.$13.6$4.88$8.71$30.5$28.4$2.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$5.95$6.76$31.7$30.2$1.49
2020Detailed filing. Detailed filing data is available for this year.$10.6$5.43$5.17$32.1$30.4$1.77
2019Detailed filing. Detailed filing data is available for this year.$9.35$6.00$3.35$29.9$30.3$0.42
2018Detailed filing. Detailed filing data is available for this year.$9.50$5.79$3.71$30.6$31.0$0.43
2017Detailed filing. Detailed filing data is available for this year.$10.2$6.11$4.10$33.1$32.4$0.66
2016Detailed filing. Detailed filing data is available for this year.$11.1$7.74$3.36$32.5$31.9$0.58
2015Detailed filing. Detailed filing data is available for this year.$12.0$8.06$3.97$27.5$27.2$0.35
2014Detailed filing. Detailed filing data is available for this year.$11.2$7.69$3.53$20.4$18.8$1.61
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.87$7.06$1.81$22.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.68$6.91$2.77$21.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.36$6.06$3.29$20.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.59$5.85$3.74$21.4
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 20, 2026
Return Version
2024v5.1
Gross Receipts
$43,935,057
Mission and Program Overview

Mission

Nfi massachusetts provides community based programs for youth, adults and families. See schedule o.

Nfi massachusetts provides community based programs for youths, adults and families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,497,335$9,100,242▲ $2,602,907
Land, Buildings, and Equipment, Net$5,188,250$5,246,788▲ $58,538
Accounts Receivable$4,286,445$4,504,432▲ $217,987
Investments in Publicly Traded Securities$819,849$915,037▲ $95,188
Prepaid Expenses and Deferred Charges$165,045$165,666▲ $621
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$18,918,267$21,737,944▲ $2,819,677
Other Assets Total$1,961,343$1,805,779▼ $155,564
Liabilities
Accounts Payable and Accrued Expenses$2,423,497$2,800,861▲ $377,364
Other Liabilities$1,702,851$1,608,189▼ $94,662
Mortgage Notes Payable Secured by Investment Property$1,258,167$1,003,069▼ $255,098
Deferred Revenue$160,970$61,622▼ $99,348
Total Liabilities$5,545,485$5,473,741▼ $71,744
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,370,649$16,262,070▲ $2,891,421
Net Assets With Donor Restrictions$2,133$2,133→ $0
Total Net Assets Fund Balance$13,372,782$16,264,203▲ $2,891,421
Total Liabilities and Net Assets / Fund Balance$18,918,267$21,737,944▲ $2,819,677

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,043,754$2,867,793$3,911,547
Buildings$1,511,627$1,871,118$3,382,745
Land$2,488,752-$2,488,752
Other Land Buildings$202,655$1,106,152$1,308,807
Equipment$0$86,580$86,580
Other Assets Org$47,115--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lori KeoughPsychiatristFT$202,698$15,357$218,055
Rachel CushionPsychiatristPT$202,462$12,854$215,316
Eric KlingamanDirector of OperationsFT$160,735$18,468$179,203
Arinze EjioforAdvanced Practice RnFT$155,943$10,705$166,648
Mairin SchreiberDirector of Quality & DevelopmentFT$132,037$15,274$147,311

Board Members and Trustees

NameTitle
Roger MarcorelleChairman & Director
Dr Barbara VinickClerk & Director
Barnet WeinsteinDirector
Dr Harvey LowellDirector
Dr Katherine TurnerDirector
Howard RichDirector
Stacie BloxhamDirector
Linda RichardsDirector (as of 3/7/25)
Lydia ToddExecutive Director
Pamela RochaTreasurer & CFO

Highest Paid Contractors

ContractorServicesLocationCompensation
Msg Staffing INCStaffing Agency562 LINCOLN STREET, Worcester, MA 01605$491,016
Empowercare Healthcare StaffingStaffing Agency562 LINCOLN ST, Worcester, MA 01605$288,668
Arbor AssociatesStaffing Agency1270 TURNPIKE STREET, North Andover, MA 01845$235,754
Moonhill Home Care LLCStaffing Agency100 CUMMINGS CENTER SUITE 309-G, Beverly, MA 01915$205,464
Revenue and Support

Revenue Composition

Contributions and Grants
$3,269
Program Service Revenue
$43,356,827
Investment Income
$417,598
Other Revenue
$125,301
All Other Contributions
$3,269
Change in Net Assets
$2,813,365

Audited Revenue Reconciliation

Revenue per Audited Statements
$43,932,819
Revenue Not Reported on Financial Statements
$-29,824
Revenue Not Reported on Form 990
$755,456
Other Revenue Adjustments
$-29,824
Total Revenue per Audited Statements
$44,688,275
Total Revenue per Form 990
$43,902,995
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$32,521,690
Other Expenses$8,567,940
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$23,506,633$1,888,694-$25,395,327
Other Employee Benefits$4,882,336$391,010-$5,273,346
Payroll Taxes$1,715,205$137,812-$1,853,017
Occupancy$1,531,184$234,841-$1,766,025
Fees for Services Management$30,922$1,625,467-$1,656,389
Fees for Services Other$1,098,340$50,118$0$1,148,458
Insurance$381,463$55,563-$437,026
Travel$371,941$40,325-$412,266
Other Expenses$326,756$71,070-$397,826
Office Expenses$292,360$69,034-$361,394
Depreciation Depletion$309,539$11,852-$321,391
Information Technology$78,133$118,794-$196,927
Fees for Services Legal$13,883$96,402-$110,285
Advertising$16,175$68,721-$84,896
Interest$73,016--$73,016
Conferences and Meetings$37,669$21,878-$59,547
Total Functional Expenses$36,208,049$4,881,581$0$41,089,630

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$41,796,854
Expenses per Audited Statements$41,089,630
Total Expenses per Form 990$41,089,630
Expenses Not Reported on Form 990$707,224
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$1,608,189
Lease Liability-
Other Liabilities-
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3 Delegation of management duties

Management duties: north american family institute, inc. (nafi) is the sole corporate member of nfi massachusetts. Nfi massachusetts pays a management fee of $1,835,072 to nafi for oversight of financial, budgeting, human resource operations, and exempt operations. Nafi also provides accounting and auditing services, personnel policies and benefits, and information technology backbone for the subsidiary corporate offices. Nafi pays compensation to officers and directors of nfi massachusetts: lydia todd and pamela rocha. The compensation is reported in column (e) of form 990, part vii.

Form 990, Part VI, Line 6 Classes of members or stockholders

North american family institute, inc. (nafi) is the sole member of nfi massachusetts, inc. And may elect members of the governing board.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

Organization members: north american family institute, inc. (nafi) is the sole member of nfi massachusetts, inc. And may elect members of the governing board.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

Organization members: north american family institute, inc. (nafi) is the sole member of nfi massachusetts, inc. And may elect members of the governing board.

Form 990, Part VI, Line 11B Review of form 990 by governing body

Information is gathered from the business office/executive director by the chief financial officer and used to populate the form 990 in conjunction with independent tax auditors. Once completed, the draft form is reviewed and forwarded by the cfo to the designated committee for review prior to its submission. The designated committee has been authorized to review and approve the form 990 on behalf on the board of directors. A filing copy of the form 990 is provided to each board member prior to filing with the internal revenue service.

Form 990, Part VI, Line 12C Conflict of interest policy

Conflict of interest: in addition to submission of signed board member annual statement affirming receipt of the conflict of interest policy, that they have read and understand the policy, that they agree to comply with the policy and understand that the corporation is charitable and must engage in activities which accomplish its charitable purposes, board members have a duty to disclose possible conflicts of interest. When such a disclosure is made, the board of directors will discuss the issue with the interested party. The interested party will then leave the board meeting while a determination of a conflict of interest is discussed and voted upon. If the board has reasonable cause to believe that a director has failed to disclose a possible conflict of interest, the board will afford that director an opportunity to explain. The board will conduct further investigation as warranted by the circumstances. That director will be recused from the board meeting while a determination of a conflict of interest is discussed and voted upon. If the board determines that the board member failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

Compensation policy: executive director's compensation is provided through the management agreement with north american family institute (nafi). Nfi massachusetts's board of directors in conjunction with the nafi executive management reviews the executive director's performance and salary on an annual basis. Nfi massachusetts and nafi utilize the compensation policy shown below. North american family institute, inc. Has instituted a process to review the compensation paid to its executives and follows the rebuttable presumption rules of section 53.4958-6 of the irs treasury regulations. The executive director completes a self evaluation reflecting on accomplishments, areas of growth and goals for the coming year. The coo of the parent organization completes an evaluation summary which is reviewed, discussed and approved at an executive session of the board of directors. Salary considerations are part of this process and include approvals, in advance of any compensation payouts, by the coo of the parent organization and the board of directors who are independent of management and free of any conflicts that would interfere with their exercise of independent judgment. Other key employees of the organization are reviewed by the executive director using a similar process and salary considerations are a part of the overall budget approved by the board of directors. Nafi conducts periodic analysis of like positions at comparable human service organizations and is considered when determining compensation. Once compensation is determined, it is adequately documented by the coo and board of directors.

Form 990, Part VI, Line 19 Required documents available to the public

The organization's governing documents, conflict of interest policy, financial statements and form 990 are available upon request. The form 990 is also posted on the website of the massachusetts's attorney general and www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
NFI Massachusetts Inc
EIN
23-7378470
Phone
9785380286
Address
300 ROSEWOOD DRIVE 101, DANVERS, MA 01923

Signing Officer

Name
Pamela Rocha
Title
Treasurer & CFO
Signed
2026-01-20
Discuss with paid preparer
Yes

Organization Details

Formed
1974
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
615
Volunteers
8

Preparer

Firm
Kpmg Llp
Address
515 Broadway 4th Floor, Albany, NY 12207
Preparer
Stephanie Lonczak
Phone
5184274600
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2 New program services

During fiscal year 2025 the florida programs successfully transitioned from nafi to nfi massachusetts, inc. With no impact or change to the oversight or operations of the contracts and continuity of services under the contracts were maintained without disruption.

Form 990, Part III, Line 4A-4C Description of program services

(Expenses $ 6,764,927 including grants of $)(Revenue $ 7,058,483) OTHER SERVICES INCLUDE A VARIETY OF BEHAVIORAL HEALTH SERVICES INCLUDING COMMUNITY-BASED THERAPY AND MENTORING SERVICES, OUTPATIENT MENTAL HEALTH, AND SUBSTANCE-ABUSE TREATMENT.

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

Nfi is an organization described under section 501(c)(3) of the internal revenue code (irc) and is generally exempt from income taxes under irc section 501(a). Nfi has taken no significant uncertain tax position.

Schedule D, Part XI, Line 4(B) Other revenues in form 990 not in audited financial statements

Reclass of rental expenses - -29824

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

Reclass of rental expenses - 29824

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IRS990/ProgSrvcAccomActy2Grp/Desc0JUVENILE JUSTICE - IN OUR RESIDENTIAL PROGRAM AND COMMUNITY-BASED LOCATIONS, WE PROVIDE SERVICES TO YOUTH BEING HELD BY THE COURTS OR DYS, AND WE PREPARE THEM FOR SUCCESSFUL ADULTHOOD, REINTEGRATION, VOCATION AND EDUCATION.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ADULT SERVICES - WE PROVIDE RESIDENTIAL AND HOME-BASED SUPPORTIVE SERVICES FOR ADULTS WITH DEVELOPMENTAL DELAYS, AND BOTH ACQUIRED AND TRAUMATIC BRAIN INJURIES. WE WORK COLLABORATIVELY WITH THE ADULTS AND THEIR FAMILIES TO PROVIDE THEM WITH THE BEST CARE POSSIBLE AND TO ENSURE THAT THEY REMAIN ACTIVE AND ENGAGED MEMBERS OF THEIR COMMUNITIES.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER SERVICES INCLUDE A VARIETY OF BEHAVIORAL HEALTH SERVICES INCLUDING COMMUNITY-BASED THERAPY AND MENTORING SERVICES, OUTPATIENT MENTAL HEALTH, AND SUBSTANCE-ABUSE TREATMENT.
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