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Caution: Forms printed from within Adobe Acrobat products may not meet IRS or state taxing agencyspecifications. When using Acrobat 5.x products, uncheck the "Shrink oversized pages to paper size" anduncheck the "Expand small pages to paper size" options, in the Adobe "Print" dialog. When using Acrobat6.x and later products versions, select "None" in the "Page Scaling" selection box in the Adobe "Print" dialog.
CLIENT'S COPY
COPY
30094105-01-13
~~~~~~~~~~~~~~~~~
FOR THE YEAR ENDING
Prepared for
Prepared by
Amount dueor refund
Make checkpayable to
Mail tax returnand check (ifapplicable) to
Return must bemailed onor before
SpecialInstructions
TAX RETURN FILING INSTRUCTIONS
FORM 990
AUGUST 31, 2014
EASTER SEALS MASSACHUSETTS, INC.484 MAIN STREETWORCESTER, MA 01608
MOODY, FAMIGLIETTI & ANDRONICO, LLP1 HIGHWOOD DRIVETEWKSBURY, MA 01876
NOT APPLICABLE
NOT APPLICABLE
NOT APPLICABLE
NOT APPLICABLE
THIS RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. IF YOUWISH TO HAVE IT TRANSMITTED ELECTRONICALLY TO THE IRS, PLEASESIGN, DATE, AND RETURN FORM 8879-EO TO OUR OFFICE. WE WILLTHEN SUBMIT THE ELECTRONIC RETURN TO THE IRS. DO NOT MAIL APAPER COPY OF THE RETURN TO THE IRS. RETURN FORM 8879-EO TOUS BY APRIL 15, 2015.
COPY
OMB No. 1545-1878
Form
For calendar year 2013, or fiscal year beginning , 2013, and ending ,20
Department of the TreasuryInternal Revenue Service
32305110-01-13
Employer identification number
Enter five numbers, butdo not enter all zeros
ERO firm name
do not enter all zeros
| Do not send to the IRS. Keep for your records.
| Information about Form 8879-EO and its instructions is at
1a, 2a, 3a, 4a, 5a, 1b, 2b, 3b, 4b, 5b,Do not
1a
2a
3a
4a
5a
| b Total revenue, 1b
2b
3b
4b
5b
| b Total revenue,
| b Total tax
| b Tax based on investment income
| b Balance Due
(a) (b) (c)
Officer's PIN: check one box only
ERO's EFIN/PIN.
Pub. 4163,
For Paperwork Reduction Act Notice, see instructions.
e-file
Name of exempt organization
Name and title of officer
~~~
~~~~~~~~
Officer's signature | Date |
ERO's signature | Date |
Form (2013)
(Whole Dollars Only)
Check the box for the return for which you are using this Form 8879-EO and enter the applicable amount, if any, from the return. If you check the boxon line or below, and the amount on that line for the return being filed with this form was blank, then leave line orwhichever is applicable, blank (do not enter -0-). But, if you entered -0- on the return, then enter -0- on the applicable line below. complete morethan 1 line in Part I.
Form 990 check here
Form 990-EZ check here
Form 1120-POL check here
if any (Form 990, Part VIII, column (A), line 12)~~~~~~~
if any (Form 990-EZ, line 9) ~~~~~~~~~~~~~~
(Form 1120-POL, line 22) ~~~~~~~~~~~~~~~~
Form 990-PF check here
Form 8868 check here
(Form 990-PF, Part VI, line 5)
(Form 8868, Part I, line 3c or Part II, line 8c)
Under penalties of perjury, I declare that I am an officer of the above organization and that I have examined a copy of the organization's 2013electronic return and accompanying schedules and statements and to the best of my knowledge and belief, they are true, correct, and complete. Ifurther declare that the amount in Part I above is the amount shown on the copy of the organization's electronic return. I consent to allow myintermediate service provider, transmitter, or electronic return originator (ERO) to send the organization's return to the IRS and to receive from the IRS
an acknowledgement of receipt or reason for rejection of the transmission, the reason for any delay in processing the return or refund, and the date of any refund. If applicable, I authorize the U.S. Treasury and its designated Financial Agent to initiate an electronic funds withdrawal (directdebit) entry to the financial institution account indicated in the tax preparation software for payment of the organization's federal taxes owed on thisreturn, and the financial institution to debit the entry to this account. To revoke a payment, I must contact the U.S. Treasury Financial Agent at1-888-353-4537 no later than 2 business days prior to the payment (settlement) date. I also authorize the financial institutions involved in theprocessing of the electronic payment of taxes to receive confidential information necessary to answer inquiries and resolve issues related to thepayment. I have selected a personal identification number (PIN) as my signature for the organization's electronic return and, if applicable, theorganization's consent to electronic funds withdrawal.
I authorize to enter my PIN
as my signature on the organization's tax year 2013 electronically filed return. If I have indicated within this return that a copy of the returnis being filed with a state agency(ies) regulating charities as part of the IRS Fed/State program, I also authorize the aforementioned ERO toenter my PIN on the return's disclosure consent screen.
As an officer of the organization, I will enter my PIN as my signature on the organization's tax year 2013 electronically filed return. If I haveindicated within this return that a copy of the return is being filed with a state agency(ies) regulating charities as part of the IRS Fed/Stateprogram, I will enter my PIN on the return's disclosure consent screen.
Enter your six-digit electronic filing identification
number (EFIN) followed by your five-digit self-selected PIN.
I certify that the above numeric entry is my PIN, which is my signature on the 2013 electronically filed return for the organization indicated above. Iconfirm that I am submitting this return in accordance with the requirements of Modernized e-File (MeF) Information for Authorized IRS
Providers for Business Returns.
LHA
www.irs.gov/form8879eo.
Part I Type of Return and Return Information
Part II Declaration and Signature Authorization of Officer
Part III Certification and Authentication
ERO Must Retain This Form - See InstructionsDo Not Submit This Form To the IRS Unless Requested To Do So
8879-EO
IRS e-file Signature Authorizationfor an Exempt Organization8879-EO
2013
SEP 1 AUG 31 14
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
CHERYL LAZZAROCURRENT VP FINANCE AND ADMIN
X 11,915,701.
X MOODY, FAMIGLIETTI & ANDRONICO, LLP 03867
04415348581
COPY
Checkifself-employed
OMB No. 1545-0047
Department of the TreasuryInternal Revenue Service
Check ifapplicable:
AddresschangeNamechangeInitialreturn
Termin-atedAmendedreturn Gross receipts $
Applica-tionpending
Are all subordinates included?
332001 10-29-13
| Do not enter Social Security numbers on this form as it may be made public.
Beginning of Current Year
Paid
Preparer
Use Only
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
Open to Public Inspection| Information about Form 990 and its instructions is at
A For the 2013 calendar year, or tax year beginning and ending
B C D Employer identification number
E
G
H(a)
H(b)
H(c)
F Yes No
Yes No
I
J
K
Website: |
L M
1
2
3
4
5
6
7
3
4
5
6
7a
7b
a
b
Ac
tivi
tie
s &
Go
vern
an
ce
Prior Year Current Year
8
9
10
11
12
13
14
15
16
17
18
19
Re
ven
ue
a
b
Ex
pe
ns
es
End of Year
20
21
22
Sign
Here
Yes No
For Paperwork Reduction Act Notice, see the separate instructions.
(or P.O. box if mail is not delivered to street address) Room/suite
)501(c)(3) 501(c) ( (insert no.) 4947(a)(1) or 527
|Corporation Trust Association OtherForm of organization: Year of formation: State of legal domicile:
|
|
Net
Ass
ets
orFu
nd B
alan
ces
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is
true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Signature of officer Date
Type or print name and title
Date PTINPrint/Type preparer's name Preparer's signature
Firm's name Firm's EIN
Firm's address
Phone no.
Form
Name of organization
Doing Business As
Number and street Telephone number
City or town, state or province, country, and ZIP or foreign postal code
Is this a group return
for subordinates?Name and address of principal officer: ~~
If "No," attach a list. (see instructions)
Group exemption number |
Tax-exempt status:
Briefly describe the organization's mission or most significant activities:
Check this box if the organization discontinued its operations or disposed of more than 25% of its net assets.
Number of voting members of the governing body (Part VI, line 1a)
Number of independent voting members of the governing body (Part VI, line 1b)
Total number of individuals employed in calendar year 2013 (Part V, line 2a)
~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~
Total number of volunteers (estimate if necessary)
Total unrelated business revenue from Part VIII, column (C), line 12
Net unrelated business taxable income from Form 990-T, line 34
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~
����������������������
Contributions and grants (Part VIII, line 1h) ~~~~~~~~~~~~~~~~~~~~~
Program service revenue (Part VIII, line 2g) ~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~Investment income (Part VIII, column (A), lines 3, 4, and 7d)
Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) ~~~~~~~~
Total revenue - add lines 8 through 11 (must equal Part VIII, column (A), line 12) ���
Grants and similar amounts paid (Part IX, column (A), lines 1-3)
Benefits paid to or for members (Part IX, column (A), line 4)
Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10)
~~~~~~~~~~~
~~~~~~~~~~~~~
~~~
Professional fundraising fees (Part IX, column (A), line 11e)
Total fundraising expenses (Part IX, column (D), line 25)
~~~~~~~~~~~~~~
Other expenses (Part IX, column (A), lines 11a-11d, 11f-24e)
Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25)
Revenue less expenses. Subtract line 18 from line 12
~~~~~~~~~~~~~
~~~~~~~
����������������
Total assets (Part X, line 16)
Total liabilities (Part X, line 26)
Net assets or fund balances. Subtract line 21 from line 20
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~
��������������
May the IRS discuss this return with the preparer shown above? (see instructions) ���������������������
LHA Form (2013)
www.irs.gov/form990.
Part I Summary
Signature BlockPart II
990
Return of Organization Exempt From Income Tax990 2013
§
==
999
EXTENSION GRANTED UNTIL APRIL 15, 2015
SEP 1, 2013 AUG 31, 2014
EASTER SEALS MASSACHUSETTS, INC.04-2103867
484 MAIN STREET (508)751-630412,715,864.
WORCESTER, MA 01608KIRK N. JOSLIN X
SAME AS C ABOVEX
EASTERSEALSMA.ORGX 1944 MA
THE MISSION OF THE EASTER SEALSMASSACHUSETTS, INC. (ESMA) IS TO ENSURE THAT CHILDREN AND ADULTS
2323
3231984
0.0.
1,436,708. 1,322,068.9,030,009. 10,402,812.117,851. 190,821.
0. 0.10,584,568. 11,915,701.
569,718. 703,094.0. 0.
7,891,783. 9,010,938.0. 0.
455,100.1,907,280. 1,626,613.
10,368,781. 11,340,645.215,787. 575,056.
6,989,567. 7,928,979.4,411,304. 4,629,185.2,578,263. 3,299,794.
CHERYL LAZZARO, CURRENT VP FINANCE AND ADMIN
JOYCE RIPIANZI, CPA P00548581MOODY, FAMIGLIETTI & ANDRONICO, LLP 04-30770561 HIGHWOOD DRIVETEWKSBURY, MA 01876 (978)557-5300
X
SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENT CONTINUATION
COPY
Code: Expenses $ including grants of $ Revenue $
Code: Expenses $ including grants of $ Revenue $
Code: Expenses $ including grants of $ Revenue $
Expenses $ including grants of $ Revenue $
33200210-29-13
1
2
3
4
Yes No
Yes No
4a
4b
4c
4d
4e
Form 990 (2013) Page
Check if Schedule O contains a response or note to any line in this Part III ����������������������������
Briefly describe the organization's mission:
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ?
If "Yes," describe these new services on Schedule O.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization cease conducting, or make significant changes in how it conducts, any program services?
If "Yes," describe these changes on Schedule O.
~~~~~~
Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses.
Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and
revenue, if any, for each program service reported.
( ) ( ) ( )
( ) ( ) ( )
( ) ( ) ( )
Other program services (Describe in Schedule O.)
( ) ( )
Total program service expenses |
Form (2013)
2Statement of Program Service AccomplishmentsPart III
990
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
X
EASTER SEALS MASSACHUSETTS IS A STATEWIDE COMMUNITY-BASED ORGANIZATIONTHAT HAS BEEN HELPING PEOPLE WITH DISABILITIES TO LIVE FULL ANDINDEPENDENT LIVES FOR OVER 65 YEARS. OUR MISSION IS TO PROVIDESERVICES TO ENSURE THAT CHILDREN AND ADULTS WITH DISABILITIES HAVE
X
X
3,824,098. 5,482,555.REHABILITATION SERVICES - THIS PROGRAM OFFERS PHYSICAL,OCCUPATIONAL ANDSPEECH THERAPY IN NURSING HOMES, SCHOOLS, EARLY INTERVENTION PROGRAMS,HOMES AND OTHER COMMUNITY SETTINGS. ESMA'S PERSONALIZED APPROACHDELIVERS DEPENDABLE AND COST EFFECTIVE REHABILIATION SERVICES TOINFANTS, CHILDREN, TEENS, ADULTS AND SENIORS. OVER 6,600 INDIVIDUALSWERE SERVED DURING THE FISCAL YEAR ENDED AUGUST 31, 2014.
2,318,058. 703,094. 2,087,610.ASSITIVE TECHNOLOGY - RECOGNIZED NATIONALLY AS A LEADER IN ASSITIVETECHNOLOGY, DURING FISCAL YEAR ENDED AUGUST 31, 2014 ESMA'S SERVICESHELPED OVER 2,800 PEOPLE WITH DISABILITIES EXPAND THEIR INDEPENDENCE BYPROVIDING TOOLS AND EXPERTISE TO ACCESS EDUCATION, JOBS AND THEIRCOMMUNITY. HIGH AND LOW TECHNOLOGY SOLUTIONS ARE AVAILABLE TOINDIVIDUALS WHO CANNOT MEET ALL OF THEIR COMMUNICATION NEEDS THROUGHSPEECH, AS WELL AS ACCESS TO COMPUTER TECHNOLOGY. ASSITIVE TECHNOLOGYOFFERS UNIQUE APPROACHES THAT ASSIST ELDERS AND PEOPLE WITHDISABILITIES PLAN FOR A SAFE, HAPPY AND INDEPENDENT LIFE AT HOME, WORKOR SCHOOL.
390,875. 333,645.EMPLOYMENT AND TRAINING SERVICES - THIS PROGRAM HELPS STUDENTS ANDADULTS WITH DISABILITIES DEVELOP THE SKILLS THEY NEED TO GET AND KEEPJOBS IN TODAY'S COMPETITIVE WORKPLACE. THE PROGRAM OFFERSINDIVIDUALIZED VOCATIONAL REHABILITATION, JOB TRAINING AND EMPLOYEMENTSERVICES, CAREER SKILLS TRAINING AND PLACEMENT SERVICES. DURING THEFISCAL YEAR ENDED AUGUST 31, 2014 ESMA PROVIDED SERVICES TO OVER 500PEOPLE.
3,107,334. 2,499,002.9,640,365.
2
COPY
33200310-29-13
Yes No
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
1
2
3
4
5
6
7
8
9
10
Section 501(c)(3) organizations.
a
b
c
d
e
f
a
b
11a
11b
11c
11d
11e
11f
12a
12b
13
14a
14b
15
16
17
18
19
20a
20b
a
b
a
b
If "Yes," complete Schedule ASchedule B, Schedule of Contributors
If "Yes," complete Schedule C, Part I
If "Yes," complete Schedule C, Part II
If "Yes," complete Schedule C, Part III
If "Yes," complete Schedule D, Part I
If "Yes," complete Schedule D, Part IIIf "Yes," complete
Schedule D, Part III
If "Yes," complete Schedule D, Part IV
If "Yes," complete Schedule D, Part V
If "Yes," complete Schedule D,Part VI
If "Yes," complete Schedule D, Part VII
If "Yes," complete Schedule D, Part VIII
If "Yes," complete Schedule D, Part IXIf "Yes," complete Schedule D, Part X
If "Yes," complete Schedule D, Part XIf "Yes," complete
Schedule D, Parts XI and XII
If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optionalIf "Yes," complete Schedule E
If "Yes," complete Schedule F, Parts I and IV
If "Yes," complete Schedule F, Parts II and IV
If "Yes," complete Schedule F, Parts III and IV
If "Yes," complete Schedule G, Part I
If "Yes," complete Schedule G, Part IIIf "Yes,"
complete Schedule G, Part IIIIf "Yes," complete Schedule H
Form 990 (2013) Page
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Is the organization required to complete ?
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for
public office?
~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization engage in lobbying activities, or have a section 501(h) election in effect
during the tax year?
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or
similar amounts as defined in Revenue Procedure 98-19?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to
provide advice on the distribution or investment of amounts in such funds or accounts?
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures?
Did the organization maintain collections of works of art, historical treasures, or other similar assets?
~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report an amount in Part X, line 21, for escrow or custodial account liability; serve as a custodian for
amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent
endowments, or quasi-endowments?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~
If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X
as applicable.
Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report an amount for investments - other securities in Part X, line 12 that is 5% or more of its total
assets reported in Part X, line 16?
Did the organization report an amount for investments - program related in Part X, line 13 that is 5% or more of its total
assets reported in Part X, line 16?
~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in
Part X, line 16?
Did the organization report an amount for other liabilities in Part X, line 25?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses
the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?
Did the organization obtain separate, independent audited financial statements for the tax year?
~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Was the organization included in consolidated, independent audited financial statements for the tax year?
~~~~~
Is the organization a school described in section 170(b)(1)(A)(ii)?
Did the organization maintain an office, employees, or agents outside of the United States?
~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business,
investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000
or more? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any
foreign organization?
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to
or for foreign individuals?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX,
column (A), lines 6 and 11e? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines
1c and 8a? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a?
Did the organization operate one or more hospital facilities?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? ����������
Form (2013)
3Part IV Checklist of Required Schedules
990
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
XX
X
X
X
X
X
X
X
X
X
X
X
XX
X
X
XXX
X
X
X
X
X
XX
3
COPY
33200410-29-13
Yes No
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
21
22
23
24a
24b
24c
24d
25a
25b
26
27
28a
28b
28c
29
30
31
32
33
34
35a
35b
36
37
38
a
b
c
d
a
b
Section 501(c)(3) and 501(c)(4) organizations.
a
b
c
a
b
Section 501(c)(3) organizations.
Note.
(continued)
If "Yes," complete Schedule I, Parts I and II
If "Yes," complete Schedule I, Parts I and III
If "Yes," completeSchedule J
If "Yes," answer lines 24b through 24d and completeSchedule K. If "No", go to line 25a
If "Yes," complete Schedule L, Part I
If "Yes," completeSchedule L, Part I
If "Yes," complete Schedule L, Part III
If "Yes," complete Schedule L, Part IVIf "Yes," complete Schedule L, Part IV
If "Yes," complete Schedule L, Part IVIf "Yes," complete Schedule M
If "Yes," complete Schedule M
If "Yes," complete Schedule N, Part IIf "Yes," complete
Schedule N, Part II
If "Yes," complete Schedule R, Part IIf "Yes," complete Schedule R, Part II, III, or IV, and
Part V, line 1
If "Yes," complete Schedule R, Part V, line 2
If "Yes," complete Schedule R, Part V, line 2
If "Yes," complete Schedule R, Part VI
Form 990 (2013) Page
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or
government on Part IX, column (A), line 1? ~~~~~~~~~~~~~~~~~~
Did the organization report more than $5,000 of grants or other assistance to individuals in the United States on Part IX,
column (A), line 2? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current
and former officers, directors, trustees, key employees, and highest compensated employees?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the
last day of the year, that was issued after December 31, 2002?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease
any tax-exempt bonds?
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?
~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~
Did the organization engage in an excess benefit transaction with a
disqualified person during the year?
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and
that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?
~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or
former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If so,
complete Schedule L, Part II ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial
contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member
of any of these persons? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV
instructions for applicable filing thresholds, conditions, and exceptions):
A current or former officer, director, trustee, or key employee? ~~~~~~~~~~~
A family member of a current or former officer, director, trustee, or key employee?
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer,
director, trustee, or direct or indirect owner?
~~
~~~~~~~~~~~~~~~~~~~~~
Did the organization receive more than $25,000 in non-cash contributions?
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation
contributions?
~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization liquidate, terminate, or dissolve and cease operations?
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations
sections 301.7701-2 and 301.7701-3?
Was the organization related to any tax-exempt or taxable entity?
~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity
within the meaning of section 512(b)(13)?
~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~
Did the organization make any transfers to an exempt non-charitable related organization?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization conduct more than 5% of its activities through an entity that is not a related organization
and that is treated as a partnership for federal income tax purposes? ~~~~~~~~
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19?
All Form 990 filers are required to complete Schedule O �������������������������������
Form (2013)
4Part IV Checklist of Required Schedules
990
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
X
X
X
X
X
X
X
X
XX
XX
X
X
X
X
XX
X
X
X
4
COPY
33200510-29-13
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations.
Yes No
1
2
3
4
5
6
7
a
b
c
1a
1b
1c
a
b
2a
Note.
2b
3a
3b
4a
5a
5b
5c
6a
6b
7a
7b
7c
7e
7f
7g
7h
8
9a
9b
a
b
a
b
a
b
c
a
b
Organizations that may receive deductible contributions under section 170(c).
a
b
c
d
e
f
g
h
7d
8
9
10
11
12
13
14
Sponsoring organizations maintaining donor advised funds.
a
b
Section 501(c)(7) organizations.
a
b
10a
10b
Section 501(c)(12) organizations.
a
b
11a
11b
a
b
Section 4947(a)(1) non-exempt charitable trusts. 12a
12b
Section 501(c)(29) qualified nonprofit health insurance issuers.
Note.
a
b
c
a
b
13a
13b
13c
14a
14b
e-file
If "No," to line 3b, provide an explanation in Schedule O
If "No," provide an explanation in Schedule O
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?
Did the supporting
organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Form (2013)
Form 990 (2013) Page
Check if Schedule O contains a response or note to any line in this Part V ���������������������������
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable ~~~~~~~~~~~
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable ~~~~~~~~~~
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming
(gambling) winnings to prize winners? �������������������������������������������
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements,
filed for the calendar year ending with or within the year covered by this return ~~~~~~~~~~
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
If the sum of lines 1a and 2a is greater than 250, you may be required to (see instructions)
~~~~~~~~~~
~~~~~~~~~~~
Did the organization have unrelated business gross income of $1,000 or more during the year?
If "Yes," has it filed a Form 990-T for this year?
~~~~~~~~~~~~~~
~~~~~~~~~~
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a
financial account in a foreign country (such as a bank account, securities account, or other financial account)?~~~~~~~
If "Yes," enter the name of the foreign country:
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
~~~~~~~~~~~~
~~~~~~~~~
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit
any contributions that were not tax deductible as charitable contributions?
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts
were not tax deductible?
~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If "Yes," did the organization notify the donor of the value of the goods or services provided?
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required
to file Form 8282?
~~~~~~~~~~~~~~~
����������������������������������������������������
If "Yes," indicate the number of Forms 8282 filed during the year
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
~~~~~~~~~~~~~~~~
~~~~~~~
~~~~~~~~~Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?
~
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~
Enter:
Initiation fees and capital contributions included on Part VIII, line 12
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
~~~~~~~~~~~~~~~
~~~~~~
Enter:
Gross income from members or shareholders
Gross income from other sources (Do not net amounts due or paid to other sources against
amounts due or received from them.)
~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Is the organization filing Form 990 in lieu of Form 1041?
If "Yes," enter the amount of tax-exempt interest received or accrued during the year ������
Is the organization licensed to issue qualified health plans in more than one state?
See the instructions for additional information the organization must report on Schedule O.
~~~~~~~~~~~~~~~~~~~~~
Enter the amount of reserves the organization is required to maintain by the states in which the
organization is licensed to issue qualified health plans
Enter the amount of reserves on hand
~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization receive any payments for indoor tanning services during the tax year?
If "Yes," has it filed a Form 720 to report these payments?
~~~~~~~~~~~~~~~~
����������
5Part V Statements Regarding Other IRS Filings and Tax Compliance
990
J
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
140
X
323X
X
X
XX
X
XX
X
XX
X
5
COPY
332006 10-29-13
Yes No
1a
1b
1
2
3
4
5
6
7
8
9
a
b
2
3
4
5
6
7a
7b
8a
8b
9
a
b
a
b
Yes No
10
11
a
b
10a
10b
11a
12a
12b
12c
13
14
15a
15b
16a
16b
a
b
12a
b
c
13
14
15
a
b
16a
b
17
18
19
20
For each "Yes" response to lines 2 through 7b below, and for a "No" responseto line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
If "Yes," provide the names and addresses in Schedule O(This Section B requests information about policies not required by the Internal Revenue Code.)
If "No," go to line 13
If "Yes," describein Schedule O how this was done
(explain in Schedule O)
If there are material differences in voting rights among members of the governing body, or if the governing
body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts?
Form (2013)
Form 990 (2013) Page
Check if Schedule O contains a response or note to any line in this Part VI ���������������������������
Enter the number of voting members of the governing body at the end of the tax year
Enter the number of voting members included in line 1a, above, who are independent
~~~~~~
~~~~~~
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other
officer, director, trustee, or key employee? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization delegate control over management duties customarily performed by or under the direct supervision
of officers, directors, or trustees, or key employees to a management company or other person? ~~~~~~~~~~~~~~
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
Did the organization become aware during the year of a significant diversion of the organization's assets?
Did the organization have members or stockholders?
~~~~~
~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or
more members of the governing body?
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or
persons other than the governing body?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The governing body?
Each committee with authority to act on behalf of the governing body?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the
organization's mailing address? �����������������
Did the organization have local chapters, branches, or affiliates?
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates,
and branches to ensure their operations are consistent with the organization's exempt purposes?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?
Describe in Schedule O the process, if any, used by the organization to review this Form 990.
Did the organization have a written conflict of interest policy? ~~~~~~~~~~~~~~~~~~~~
~~~~~~
Did the organization regularly and consistently monitor and enforce compliance with the policy?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization have a written whistleblower policy?
Did the organization have a written document retention and destruction policy?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~
Did the process for determining compensation of the following persons include a review and approval by independent
persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
The organization's CEO, Executive Director, or top management official
Other officers or key employees of the organization
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a
taxable entity during the year? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation
in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's
exempt status with respect to such arrangements? ������������������������������������
List the states with which a copy of this Form 990 is required to be filed
Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501(c)(3)s only) available
for public inspection. Indicate how you made these available. Check all that apply.
Own website Another's website Upon request Other
Describe in Schedule O whether (and if so, how), the organization made its governing documents, conflict of interest policy, and financial
statements available to the public during the tax year.
State the name, physical address, and telephone number of the person who possesses the books and records of the organization: |
6Part VI Governance, Management, and Disclosure
Section A. Governing Body and Management
Section B. Policies
Section C. Disclosure
990
J
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
X
23
23
X
XXXX
X
X
XX
X
X
X
XX
XXX
XX
X
MA
X
THE ORGANIZATION - (508)751-6304484 MAIN STREET, WORCESTER, MA 01608
6
COPY
Indi
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al tr
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Inst
itutio
nal t
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Offi
cer
Key
empl
oyee
Hig
hest
com
pens
ated
empl
oyee
Form
er
(do not check more than onebox, unless person is both anofficer and a director/trustee)
332007 10-29-13
current
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a
current
current
former
former directors or trustees
(A) (B) (C) (D) (E) (F)
Form 990 (2013) Page
Check if Schedule O contains a response or note to any line in this Part VII ���������������������������
Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization's tax year.
¥ List all of the organization's officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation.Enter -0- in columns (D), (E), and (F) if no compensation was paid.
¥ List all of the organization's key employees, if any. See instructions for definition of "key employee."¥ List the organization's five highest compensated employees (other than an officer, director, trustee, or key employee) who received report-
able compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations.
¥ List all of the organization's officers, key employees, and highest compensated employees who received more than $100,000 ofreportable compensation from the organization and any related organizations.
¥ List all of the organization's that received, in the capacity as a former director or trustee of the organization,more than $10,000 of reportable compensation from the organization and any related organizations.
List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees; and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
PositionName and Title Average hours per
week (list any
hours forrelated
organizationsbelowline)
Reportablecompensation
from the
organization(W-2/1099-MISC)
Reportablecompensationfrom related
organizations(W-2/1099-MISC)
Estimatedamount of
othercompensation
from theorganizationand related
organizations
Form (2013)
7Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated
Employees, and Independent Contractors
990
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
(1) THOMAS SANGLIER II 1.00CHAIR X X 0. 0. 0.(2) PETER MAHONEY 1.00VICE-CHAIR X X 0. 0. 0.(3) KELLEY HIPPLER 1.00TREASURER X X 0. 0. 0.(4) TODD S. ALEXANDER 1.00ASSISTANT TREASURER X X 0. 0. 0.(5) PAULINE C. HAMEL 1.00SECRETARY X X 0. 0. 0.(6) HARRY SALERNO 1.00IMMEDIATE PAST CHAIR X 0. 0. 0.(7) JOHN S. CLEARY 1.00DIRECTOR X 0. 0. 0.(8) ALISON A. COADY 1.00DIRECTOR X 0. 0. 0.(9) NABIL M. FAROOQ 1.00DIRECTOR X 0. 0. 0.(10) TIMOTHY FERREIRA-BEDARD 1.00DIRECTOR X 0. 0. 0.(11) PAUL FOLEY 1.00DIRECTOR X 0. 0. 0.(12) DAVID FORD 1.00DIRECTOR X 0. 0. 0.(13) LINDA C. FREEMAN 1.00DIRECTOR X 0. 0. 0.(14) SANDRA HO 1.00DIRECTOR X 0. 0. 0.(15) DAVID S. HOFFMAN 1.00DIRECTOR X 0. 0. 0.(16) LORRAINE KELLEY-ALESSI 1.00DIRECTOR X 0. 0. 0.(17) COLLEEN M. KIGIN 1.00DIRECTOR X 0. 0. 0.
7
COPY
Form
er
Indi
vidu
al tr
uste
e or
dire
ctor
Inst
itutio
nal t
rust
ee
Offi
cer
Hig
hest
com
pens
ated
empl
oyee
Key
empl
oyee
(do not check more than onebox, unless person is both anofficer and a director/trustee)
33200810-29-13
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
(B) (C)(A) (D) (E) (F)
1b
c
d
Sub-total
Total from continuation sheets to Part VII, Section A
Total (add lines 1b and 1c)
2
Yes No
3
4
5
former
3
4
5
Section B. Independent Contractors
1
(A) (B) (C)
2
(continued)
If "Yes," complete Schedule J for such individual
If "Yes," complete Schedule J for such individual
If "Yes," complete Schedule J for such person
Page Form 990 (2013)
PositionAverage hours per
week(list any
hours forrelated
organizationsbelowline)
Name and title Reportablecompensation
from the
organization(W-2/1099-MISC)
Reportablecompensationfrom related
organizations(W-2/1099-MISC)
Estimatedamount of
othercompensation
from theorganizationand related
organizations
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
~~~~~~~~~~ |
������������������������ |
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable
compensation from the organization |
Did the organization list any officer, director, or trustee, key employee, or highest compensated employee on
line 1a? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization
and related organizations greater than $150,000? ~~~~~~~~~~~~~
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services
rendered to the organization? ������������������������
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from
the organization. Report compensation for the calendar year ending with or within the organization's tax year.
Name and business address Description of services Compensation
Total number of independent contractors (including but not limited to those listed above) who received more than
$100,000 of compensation from the organization |
Form (2013)
8Part VII
990
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
(18) JUDY LUDDY 1.00DIRECTOR X 0. 0. 0.(19) MICHAEL MCMANAMA 1.00DIRECTOR X 0. 0. 0.(20) GERALD NIGHTINGALE 1.00DIRECTOR X 0. 0. 0.(21) LOUIE PSALLIDAS 1.00DIRECTOR X 0. 0. 0.(22) BRIAN ROBERTSON 1.00DIRECTOR X 0. 0. 0.(23) JAY WHITE 1.00DIRECTOR X 0. 0. 0.(24) KIRK N. JOSLIN 35.00PRESIDENT AND CEO X 167,845. 0. 13,306.(25) JOAN MORRIS 35.00SVP AND COO X 122,709. 0. 13,205.(26) ADAM SHUSTER 35.00VP FINANCE & ADMIN. X 95,825. 0. 17,716.
386,379. 0. 44,227.101,248. 0. 7,542.487,627. 0. 51,769.
3
X
X
X
CORE MEDICAL GROUP2 KEEWAYDIN DRIVE, SALEM, NH 03079
TEMPORARY THERAPYSTAFFING 281,007.
1SEE PART VII, SECTION A CONTINUATION SHEETS
8
COPY
Indi
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Inst
itutio
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Offi
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Key
empl
oyee
Hig
hest
com
pens
ated
em
ploy
ee
Form
er
33220105-01-13
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
(A) (B) (C) (D) (E) (F)
(continued)Form 990
Name and title Average hours
per week
(list anyhours forrelated
organizationsbelowline)
Position (check all that apply)
Reportablecompensation
from the
organization(W-2/1099-MISC)
Reportablecompensationfrom related
organizations(W-2/1099-MISC)
Estimatedamount of
othercompensation
from theorganizationand related
organizations
Total to Part VII, Section A, line 1c �������������������������
Part VII
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
(27) CYNTHIA AIKEN 35.00VP PROGRAMS & SERVICES X 101,248. 0. 7,542.
101,248. 7,542.
9
COPY
Noncash contributions included in lines 1a-1f: $
33200910-29-13
Total revenue.
(A) (B) (C) (D)
1 a
b
c
d
e
f
g
h
1
1
1
1
1
1
a
b
c
d
e
f
Co
ntr
ibu
tio
ns
, G
ifts
, G
ran
tsa
nd
Oth
er
Sim
ila
r A
mo
un
ts
Total.
Business Code
a
b
c
d
e
f
g
2
Pro
gra
m S
erv
ice
Re
ven
ue
Total.
3
4
5
6 a
b
c
d
a
b
c
d
7
a
b
c
8
a
b
9 a
b
c
a
b
10 a
b
c
a
b
Business Code
11 a
b
c
d
e Total.
Oth
er
Re
ven
ue
12
Revenue excludedfrom tax under
sections512 - 514
All other contributions, gifts, grants, and
similar amounts not included above
See instructions.
Form (2013)
Page Form 990 (2013)
Check if Schedule O contains a response or note to any line in this Part VIII �������������������������
Total revenue Related orexempt function
revenue
Unrelatedbusinessrevenue
Federated campaigns
Membership dues
~~~~~~
~~~~~~~~
Fundraising events
Related organizations
~~~~~~~~
~~~~~~
Government grants (contributions)
~~
Add lines 1a-1f ����������������� |
All other program service revenue ~~~~~
Add lines 2a-2f ����������������� |
Investment income (including dividends, interest, and
other similar amounts)
Income from investment of tax-exempt bond proceeds
~~~~~~~~~~~~~~~~~ |
|
Royalties ����������������������� |
(i) Real (ii) Personal
Gross rents
Less: rental expenses
Rental income or (loss)
Net rental income or (loss)
~~~~~~~
~~~
~~
�������������� |
Gross amount from sales of
assets other than inventory
(i) Securities (ii) Other
Less: cost or other basis
and sales expenses
Gain or (loss)
~~~
~~~~~~~
Net gain or (loss) ������������������� |
Gross income from fundraising events (not
including $ of
contributions reported on line 1c). See
Part IV, line 18 ~~~~~~~~~~~~~
Less: direct expenses~~~~~~~~~~
Net income or (loss) from fundraising events ����� |
Gross income from gaming activities. See
Part IV, line 19 ~~~~~~~~~~~~~
Less: direct expenses
Net income or (loss) from gaming activities
~~~~~~~~~
������ |
Gross sales of inventory, less returns
and allowances ~~~~~~~~~~~~~
Less: cost of goods sold
Net income or (loss) from sales of inventory
~~~~~~~~
������ |
Miscellaneous Revenue
All other revenue ~~~~~~~~~~~~~
Add lines 11a-11d ~~~~~~~~~~~~~~~ |
|�������������
9Part VIII Statement of Revenue
990
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
20.
416,566.
905,482.23,536.
1,322,068.
REHABILITATION SERVICES 624100 5,482,555. 5,482,555.MA HOSPITAL SCHOOL CONTRACTS 900099 2,270,689. 2,270,689.ASSISTIVE TECHNOLOGY 624100 2,087,610. 2,087,610.EMPLOYMENT & TRAINING SERVICES 624310 333,645. 333,645.MA AT LOAN PROGRAM 900099 228,313. 228,313.
10,402,812.
79,211. 79,211.
834,756.
723,146.111,610.
111,610. 111,610.
416,566.
77,017.77,017.
0.
11,915,701. 10,402,812. 0. 190,821.
10
COPY
Check here if following SOP 98-2 (ASC 958-720)
332010 10-29-13
Total functional expenses.
Joint costs.
(A) (B) (C) (D)
1
2
3
4
5
6
7
8
9
10
11
a
b
c
d
e
f
g
12
13
14
15
16
17
18
19
20
21
22
23
24
a
b
c
d
e
25
26
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).
Grants and other assistance to governments and
organizations in the United States. See Part IV, line 21
Compensation not included above, to disqualified
persons (as defined under section 4958(f)(1)) and
persons described in section 4958(c)(3)(B)
Pension plan accruals and contributions (include
section 401(k) and 403(b) employer contributions)
Professional fundraising services. See Part IV, line 17
(If line 11g amount exceeds 10% of line 25,
column (A) amount, list line 11g expenses on Sch O.)
Other expenses. Itemize expenses not covered above. (List miscellaneous expenses in line 24e. If line24e amount exceeds 10% of line 25, column (A)amount, list line 24e expenses on Schedule O.)
Add lines 1 through 24e
Complete this line only if the organization
reported in column (B) joint costs from a combined
educational campaign and fundraising solicitation.
Form 990 (2013) Page
Check if Schedule O contains a response or note to any line in this Part IX ��������������������������
Total expenses Program serviceexpenses
Management andgeneral expenses
Fundraisingexpenses
Grants and other assistance to individuals in
the United States. See Part IV, line 22 ~~~
Grants and other assistance to governments,
organizations, and individuals outside the
United States. See Part IV, lines 15 and 16 ~
Benefits paid to or for members ~~~~~~~
Compensation of current officers, directors,
trustees, and key employees ~~~~~~~~
~~~
Other salaries and wages ~~~~~~~~~~
Other employee benefits ~~~~~~~~~~
Payroll taxes ~~~~~~~~~~~~~~~~
Fees for services (non-employees):
Management
Legal
Accounting
Lobbying
~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~
Investment management fees
Other.
~~~~~~~~
Advertising and promotion
Office expenses
Information technology
Royalties
~~~~~~~~~
~~~~~~~~~~~~~~~
~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~
Occupancy ~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~Travel
Payments of travel or entertainment expenses
for any federal, state, or local public officials
Conferences, conventions, and meetings ~~
Interest
Payments to affiliates
~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~
Depreciation, depletion, and amortization
Insurance
~~
~~~~~~~~~~~~~~~~~
~~
All other expenses
|
Form (2013)
Do not include amounts reported on lines 6b,7b, 8b, 9b, and 10b of Part VIII.
10Part IX Statement of Functional Expenses
990
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
703,094. 703,094.
460,992. 460,992.
7,351,145. 6,740,521. 309,216. 301,408.
16,121. 15,010. 289. 822.641,629. 582,052. 27,714. 31,863.541,051. 467,719. 52,037. 21,295.
578. 578.39,700. 39,700.
60,899. 30,241. 25,610. 5,048.13,970. 13,820. 150.
163,452. 98,009. 44,453. 20,990.45,342. 27,302. 11,325. 6,715.
328,893. 264,454. 31,773. 32,666.177,012. 155,328. 8,546. 13,138.
80,134. 70,954. 6,294. 2,886.50,028. 50,028.66,213. 66,213.127,390. 96,926. 29,235. 1,229.51,603. 51,603.
CAMP AND RELATED PROGRA 255,406. 255,406.MINOR EQUIPMENT 52,242. 31,457. 13,049. 7,736.BANK AND OTHER SERVICE 28,863. 28,621. 242.RECRUITMENT 25,081. 4,045. 21,036.
59,807. 17,814. 32,931. 9,062.11,340,645. 9,640,365. 1,245,180. 455,100.
11
COPY
33201110-29-13
(A) (B)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
1
2
3
4
5
6
7
8
9
10c
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
a
b
10a
10b
As
se
ts
Total assets.
Lia
bil
itie
s
Total liabilities.
Organizations that follow SFAS 117 (ASC 958), check here and
complete lines 27 through 29, and lines 33 and 34.
27
28
29
Organizations that do not follow SFAS 117 (ASC 958), check here
and complete lines 30 through 34.
30
31
32
33
34
Ne
t A
ss
ets
or
Fu
nd
Ba
lan
ce
s
Form 990 (2013) Page
Check if Schedule O contains a response or note to any line in this Part X �����������������������������
Beginning of year End of year
Cash - non-interest-bearing
Savings and temporary cash investments
Pledges and grants receivable, net
~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~
Accounts receivable, net ~~~~~~~~~~~~~~~~~~~~~~~~~~
Loans and other receivables from current and former officers, directors,
trustees, key employees, and highest compensated employees. Complete
Part II of Schedule L ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Loans and other receivables from other disqualified persons (as defined under
section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing
employers and sponsoring organizations of section 501(c)(9) voluntary
employees' beneficiary organizations (see instr). Complete Part II of Sch L ~~
Notes and loans receivable, net
Inventories for sale or use
Prepaid expenses and deferred charges
~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~
Land, buildings, and equipment: cost or other
basis. Complete Part VI of Schedule D
Less: accumulated depreciation
~~~
~~~~~~
Investments - publicly traded securities
Investments - other securities. See Part IV, line 11
Investments - program-related. See Part IV, line 11
Intangible assets
~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~
~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Other assets. See Part IV, line 11 ~~~~~~~~~~~~~~~~~~~~~~
Add lines 1 through 15 (must equal line 34) ����������
Accounts payable and accrued expenses
Grants payable
Deferred revenue
~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Tax-exempt bond liabilities
Escrow or custodial account liability. Complete Part IV of Schedule D
~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~
Loans and other payables to current and former officers, directors, trustees,
key employees, highest compensated employees, and disqualified persons.
Complete Part II of Schedule L ~~~~~~~~~~~~~~~~~~~~~~~
Secured mortgages and notes payable to unrelated third parties ~~~~~~
Unsecured notes and loans payable to unrelated third parties ~~~~~~~~
Other liabilities (including federal income tax, payables to related third
parties, and other liabilities not included on lines 17-24). Complete Part X of
Schedule D ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Add lines 17 through 25 ������������������
|
Unrestricted net assets
Temporarily restricted net assets
Permanently restricted net assets
~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~
|
Capital stock or trust principal, or current funds
Paid-in or capital surplus, or land, building, or equipment fund
Retained earnings, endowment, accumulated income, or other funds
~~~~~~~~~~~~~~~
~~~~~~~~
~~~~
Total net assets or fund balances ~~~~~~~~~~~~~~~~~~~~~~
Total liabilities and net assets/fund balances ����������������
Form (2013)
11Balance SheetPart X
990
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
53,078. 51,936.
113,797. 131,341.1,119,093. 1,705,458.
43,832. 121,318.
1,467,283.1,331,116. 241,987. 136,167.
4,020,172. 4,489,176.104,811. 107,995.
1,292,797. 1,185,588.6,989,567. 7,928,979.592,378. 619,690.
201,054. 329,244.
1,292,797. 1,185,588.
1,342,377. 1,755,042.
982,698. 739,621.4,411,304. 4,629,185.
X
1,549,469. 2,161,800.294,000. 395,647.734,794. 742,347.
2,578,263. 3,299,794.6,989,567. 7,928,979.
12
COPY
33201210-29-13
1
2
3
4
5
6
7
8
9
10
1
2
3
4
5
6
7
8
9
10
Yes No
1
2
3
a
b
c
2a
2b
2c
a
b
3a
3b
Form 990 (2013) Page
Check if Schedule O contains a response or note to any line in this Part XI ���������������������������
Total revenue (must equal Part VIII, column (A), line 12)
Total expenses (must equal Part IX, column (A), line 25)
Revenue less expenses. Subtract line 2 from line 1
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A))
~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~
Net unrealized gains (losses) on investments
Donated services and use of facilities
Investment expenses
Prior period adjustments
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Other changes in net assets or fund balances (explain in Schedule O)
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33,
column (B))
~~~~~~~~~~~~~~~~~~~
�����������������������������������������������
Check if Schedule O contains a response or note to any line in this Part XII ���������������������������
Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain in Schedule O.
Were the organization's financial statements compiled or reviewed by an independent accountant? ~~~~~~~~~~~~
If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a
separate basis, consolidated basis, or both:
Separate basis Consolidated basis Both consolidated and separate basis
Were the organization's financial statements audited by an independent accountant? ~~~~~~~~~~~~~~~~~~~
If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis,
consolidated basis, or both:
Separate basis Consolidated basis Both consolidated and separate basis
If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit,
review, or compilation of its financial statements and selection of an independent accountant?~~~~~~~~~~~~~~~
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit
Act and OMB Circular A-133? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit
or audits, explain why in Schedule O and describe any steps taken to undergo such audits ����������������
Form (2013)
12Part XI Reconciliation of Net Assets
Part XII Financial Statements and Reporting
990
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
X
11,915,701.11,340,645.
575,056.2,578,263.306,439.
-159,964.
3,299,794.
X
X
X
X
X
X
X
X
13
COPY
OMB No. 1545-0047
Department of the TreasuryInternal Revenue Service
33202109-25-13
Information about Schedule A (Form 990 or 990-EZ) and its instructions is at
(iii)
(see instructions)
(iv)(i)
(v)
(i)
(vi)
(i)
(i) (ii) (vii)
(Form 990 or 990-EZ)Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.| Attach to Form 990 or Form 990-EZ.
|
Open to PublicInspection
Name of the organization Employer identification number
1
2
3
4
5
6
7
8
9
10
11
section 170(b)(1)(A)(i).
section 170(b)(1)(A)(ii).
section 170(b)(1)(A)(iii).
section 170(b)(1)(A)(iii).
section 170(b)(1)(A)(iv).
section 170(b)(1)(A)(v).
section 170(b)(1)(A)(vi).
section 170(b)(1)(A)(vi).
section 509(a)(2).
section 509(a)(4).
section 509(a)(3).
a b c d
e
f
g
h
(i)
(ii)
(iii)
Yes No
11g(i)
11g(ii)
11g(iii)
Yes No Yes No Yes No
Total
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Schedule A (Form 990 or 990-EZ) 2013
Type of organization (described on lines 1-9 above or IRC section
)
Is the organizationin col. listed in yourgoverning document?
Did you notify theorganization in col.
of your support?
Is theorganization in col.
organized in theU.S.?
Name of supportedorganization
EIN Amount of monetarysupport
(All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
A church, convention of churches, or association of churches described in
A school described in (Attach Schedule E.)
A hospital or a cooperative hospital service organization described in
A medical research organization operated in conjunction with a hospital described in Enter the hospital's name,
city, and state:
An organization operated for the benefit of a college or university owned or operated by a governmental unit described in
(Complete Part II.)
A federal, state, or local government or governmental unit described in
An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in
(Complete Part II.)
A community trust described in (Complete Part II.)
An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from
activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment
income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975.
See (Complete Part III.)
An organization organized and operated exclusively to test for public safety. See
An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or
more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See Check the box that
describes the type of supporting organization and complete lines 11e through 11h.
Type I Type II Type III - Functionally integrated Type III - Non-functionally integrated
By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than
foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).
If the organization received a written determination from the IRS that it is a Type I, Type II, or Type III
supporting organization, check this box
Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
A person who directly or indirectly controls, either alone or together with persons described in (ii) and (iii) below,
the governing body of the supported organization?
A family member of a person described in (i) above?
A 35% controlled entity of a person described in (i) or (ii) above?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~
Provide the following information about the supported organization(s).
LHA
www.irs.gov/form990.
SCHEDULE A
Part I Reason for Public Charity Status
Public Charity Status and Public Support 2013
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
X
14
COPY
Subtract line 5 from line 4.
33202209-25-13
Calendar year (or fiscal year beginning in)
Calendar year (or fiscal year beginning in) |
2
(a) (b) (c) (d) (e) (f)
1
2
3
4
5
Total.
6 Public support.
(a) (b) (c) (d) (e) (f)
7
8
9
10
11
12
13
Total support.
12
First five years.
stop here
14
15
14
15
16
17
18
a
b
a
b
33 1/3% support test - 2013.
stop here.
33 1/3% support test - 2012.
stop here.
10% -facts-and-circumstances test - 2013.
stop here.
10% -facts-and-circumstances test - 2012.
stop here.
Private foundation.
Schedule A (Form 990 or 990-EZ) 2013
|
Add lines 7 through 10
Schedule A (Form 990 or 990-EZ) 2013 Page
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization
fails to qualify under the tests listed below, please complete Part III.)
2009 2010 2011 2012 2013 Total
Gifts, grants, contributions, and
membership fees received. (Do not
include any "unusual grants.") ~~
Tax revenues levied for the organ-
ization's benefit and either paid to
or expended on its behalf ~~~~
The value of services or facilities
furnished by a governmental unit to
the organization without charge ~
Add lines 1 through 3 ~~~
The portion of total contributions
by each person (other than a
governmental unit or publicly
supported organization) included
on line 1 that exceeds 2% of the
amount shown on line 11,
column (f) ~~~~~~~~~~~~
2009 2010 2011 2012 2013 Total
Amounts from line 4 ~~~~~~~
Gross income from interest,
dividends, payments received on
securities loans, rents, royalties
and income from similar sources ~
Net income from unrelated business
activities, whether or not the
business is regularly carried on ~
Other income. Do not include gain
or loss from the sale of capital
assets (Explain in Part IV.) ~~~~
Gross receipts from related activities, etc. (see instructions) ~~~~~~~~~~~~~~~~~~~~~~~
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)
organization, check this box and ��������������������������������������������� |
~~~~~~~~~~~~Public support percentage for 2013 (line 6, column (f) divided by line 11, column (f))
Public support percentage from 2012 Schedule A, Part II, line 14
%
%~~~~~~~~~~~~~~~~~~~~~
If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and
The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box
and The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more,
and if the organization meets the "facts-and-circumstances" test, check this box and Explain in Part IV how the organization
meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~ |
If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or
more, and if the organization meets the "facts-and-circumstances" test, check this box and Explain in Part IV how the
organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ~~~~~~~~ |
If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions ��� |
Part II Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
Section A. Public Support
Section B. Total Support
Section C. Computation of Public Support Percentage
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
15
COPY
(Subtract line 7c from line 6.)
Amounts included on lines 2 and 3 received
from other than disqualified persons that
exceed the greater of $5,000 or 1% of the
amount on line 13 for the year
(Add lines 9, 10c, 11, and 12.)
332023 09-25-13
Calendar year (or fiscal year beginning in) |
Calendar year (or fiscal year beginning in) |
Total support.
3
(a) (b) (c) (d) (e) (f)
1
2
3
4
5
6
7
Total.
a
b
c
8 Public support
(a) (b) (c) (d) (e) (f)
9
10a
b
c11
12
13
14 First five years.
stop here
15
16
15
16
17
18
19
20
2013
2012
17
18
a
b
33 1/3% support tests - 2013.
stop here.
33 1/3% support tests - 2012.
stop here.
Private foundation.
Schedule A (Form 990 or 990-EZ) 2013
Unrelated business taxable income
(less section 511 taxes) from businesses
acquired after June 30, 1975
Schedule A (Form 990 or 990-EZ) 2013 Page
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to
qualify under the tests listed below, please complete Part II.)
2009 2010 2011 2012 2013 Total
Gifts, grants, contributions, and
membership fees received. (Do not
include any "unusual grants.") ~~
Gross receipts from admissions,merchandise sold or services per-formed, or facilities furnished inany activity that is related to theorganization's tax-exempt purpose
Gross receipts from activities that
are not an unrelated trade or bus-
iness under section 513 ~~~~~
Tax revenues levied for the organ-
ization's benefit and either paid to
or expended on its behalf ~~~~
The value of services or facilities
furnished by a governmental unit to
the organization without charge ~
~~~ Add lines 1 through 5
Amounts included on lines 1, 2, and
3 received from disqualified persons
~~~~~~
Add lines 7a and 7b ~~~~~~~
2009 2010 2011 2012 2013 Total
Amounts from line 6 ~~~~~~~Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources ~
~~~~
Add lines 10a and 10b ~~~~~~Net income from unrelated businessactivities not included in line 10b, whether or not the business is regularly carried on ~~~~~~~Other income. Do not include gainor loss from the sale of capitalassets (Explain in Part IV.) ~~~~
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,
check this box and ���������������������������������������������������� |
Public support percentage for 2013 (line 8, column (f) divided by line 13, column (f))
Public support percentage from 2012 Schedule A, Part III, line 15
~~~~~~~~~~~~ %
%��������������������
Investment income percentage for (line 10c, column (f) divided by line 13, column (f))
Investment income percentage from Schedule A, Part III, line 17
~~~~~~~~ %
%~~~~~~~~~~~~~~~~~~
If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not
more than 33 1/3%, check this box and The organization qualifies as a publicly supported organization ~~~~~~~~~~ |
If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3%, and
line 18 is not more than 33 1/3%, check this box and The organization qualifies as a publicly supported organization~~~~ |
If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions �������� |
Part III Support Schedule for Organizations Described in Section 509(a)(2)
Section A. Public Support
Section B. Total Support
Section C. Computation of Public Support Percentage
Section D. Computation of Investment Income Percentage
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
1730255. 1705070. 1581615. 1421653. 1298532. 7737125.
7508334. 7565964. 7600151. 9030009.10402812.42107270.
9238589. 9271034. 9181766.10451662.11701344.49844395.
53,410. 30,896. 25,200. 30,590. 140,096.
0.53,410. 30,896. 25,200. 30,590. 140,096.
49704299.
9238589. 9271034. 9181766.10451662.11701344.49844395.
90,877. 84,965. 78,896. 96,119. 79,211. 430,068.
90,877. 84,965. 78,896. 96,119. 79,211. 430,068.
48,761. 53,141. 54,843. 68,496. 225,241.9378227. 9409140. 9315505.10616277.11780555.50499704.
98.4267.35
.85
.94
X
16
COPY
332024 09-25-13
4
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013 Page
Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12.
Also complete this part for any additional information. (See instructions).
Part IV Supplemental Information.
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
17
COPY
OMB No. 1545-0047
Department of the TreasuryInternal Revenue Service
33205109-25-13
Held at the End of the Tax Year
(Form 990) | Complete if the organization answered "Yes," to Form 990,Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
| Attach to Form 990.| Information about Schedule D (Form 990) and its instructions is at
Open to PublicInspection
Name of the organization Employer identification number
(a) (b)
1
2
3
4
5
6
Yes No
Yes No
1
2
3
4
5
6
7
8
9
a
b
c
d
2a
2b
2c
2d
Yes No
Yes No
1
2
a
b
(i)
(ii)
a
b
For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule D (Form 990) 2013
Complete if the
organization answered "Yes" to Form 990, Part IV, line 6.
Donor advised funds Funds and other accounts
Total number at end of year
Aggregate contributions to (during year)
Aggregate grants from (during year)
Aggregate value at end of year
~~~~~~~~~~~~~~~
~~~~~~~~
~~~~~~~~~~
~~~~~~~~~~~~~
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds
are the organization's property, subject to the organization's exclusive legal control?~~~~~~~~~~~~~~~~~~
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only
for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring
impermissible private benefit? ��������������������������������������������
Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
Purpose(s) of conservation easements held by the organization (check all that apply).
Preservation of land for public use (e.g., recreation or education)
Protection of natural habitat
Preservation of open space
Preservation of an historically important land area
Preservation of a certified historic structure
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last
day of the tax year.
Total number of conservation easements
Total acreage restricted by conservation easements
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
Number of conservation easements on a certified historic structure included in (a)
Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure
listed in the National Register
~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the tax
year |
Number of states where property subject to conservation easement is located |
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of
violations, and enforcement of the conservation easements it holds? ~~~~~~~~~~~~~~~~~~~~~~~~~
Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year |
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year | $
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i)
and section 170(h)(4)(B)(ii)? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and balance sheet, and
include, if applicable, the text of the footnote to the organization's financial statements that describes the organization's accounting for
conservation easements.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII,
the text of the footnote to its financial statements that describes these items.
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical
treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts
relating to these items:
Revenues included in Form 990, Part VIII, line 1
Assets included in Form 990, Part X
~~~~~~~~~~~~~~~~~~~~~~~~~~~~ | $
$~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide
the following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
Revenues included in Form 990, Part VIII, line 1
Assets included in Form 990, Part X
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ | $
$~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
LHA
www.irs.gov/form990.
Part I Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts.
Part II Conservation Easements.
Part III Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
SCHEDULE D Supplemental Financial Statements 2013
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
29
COPY
33205209-25-13
3
4
5
a
b
c
d
e
Yes No
1
2
a
b
c
d
e
f
a
b
Yes No
1c
1d
1e
1f
Yes No
(a) (b) (c) (d) (e)
1
2
3
4
a
b
c
d
e
f
g
a
b
c
a
b
Yes No
(i)
(ii)
3a(i)
3a(ii)
3b
(a) (b) (c) (d)
1a
b
c
d
e
Total.
Schedule D (Form 990) 2013
(continued)
(Column (d) must equal Form 990, Part X, column (B), line 10(c).)
Two years back Three years back Four years back
Schedule D (Form 990) 2013 Page
Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its collection items
(check all that apply):
Public exhibition
Scholarly research
Preservation for future generations
Loan or exchange programs
Other
Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIII.
During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets
to be sold to raise funds rather than to be maintained as part of the organization's collection? ������������
Complete if the organization answered "Yes" to Form 990, Part IV, line 9, orreported an amount on Form 990, Part X, line 21.
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included
on Form 990, Part X?
If "Yes," explain the arrangement in Part XIII and complete the following table:
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Amount
Beginning balance
Additions during the year
Distributions during the year
Ending balance
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization include an amount on Form 990, Part X, line 21?
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII
~~~~~~~~~~~~~~~~~~~~~~~~~
�������������
Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
Current year Prior year
Beginning of year balance
Contributions
Net investment earnings, gains, and losses
Grants or scholarships
~~~~~~~
~~~~~~~~~~~~~~
~~~~~~~~~
Other expenditures for facilities
and programs
Administrative expenses
End of year balance
~~~~~~~~~~~~~
~~~~~~~~
~~~~~~~~~~
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
Board designated or quasi-endowment
Permanent endowment
Temporarily restricted endowment
The percentages in lines 2a, 2b, and 2c should equal 100%.
| %
| %
| %
Are there endowment funds not in the possession of the organization that are held and administered for the organization
by:
unrelated organizations
related organizations
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R?
Describe in Part XIII the intended uses of the organization's endowment funds.
~~~~~~~~~~~~~~~~~~~~~~
Complete if the organization answered "Yes" to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property Cost or otherbasis (investment)
Cost or otherbasis (other)
Accumulateddepreciation
Book value
Land
Buildings
Leasehold improvements
~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~
~~~~~~~~~~
Equipment
Other
~~~~~~~~~~~~~~~~~
��������������������
Add lines 1a through 1e. |������������
2Part III Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets
Part IV Escrow and Custodial Arrangements.
Part V Endowment Funds.
Part VI Land, Buildings, and Equipment.
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
X
XX
975,371. 902,304. 836,081. 762,166. 720,227.
117,896. 73,067. 66,223. 84,569. 41,939.
10,654.
1,093,267. 975,371. 902,304. 836,081. 762,166.
3.7067.90
28.40
XX
636,355. 608,163. 28,192.
812,800. 722,953. 89,847.18,128. 18,128.
136,167.
30
COPY
(including name of security)
33205309-25-13
Total.
Total.
(a) (b) (c)
(a) (b) (c)
(a) (b)
Total.
(a) (b) 1.
Total.
2.
Schedule D (Form 990) 2013
(Column (b) must equal Form 990, Part X, col. (B) line 15.)
(Column (b) must equal Form 990, Part X, col. (B) line 25.)
Description of security or category
(Col. (b) must equal Form 990, Part X, col. (B) line 12.) |
(Col. (b) must equal Form 990, Part X, col. (B) line 13.) |
Schedule D (Form 990) 2013 Page
Complete if the organization answered "Yes" to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
Book value Method of valuation: Cost or end-of-year market value
(1)
(2)
(3)
Financial derivatives
Closely-held equity interests
Other
~~~~~~~~~~~~~~~
~~~~~~~~~~~
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Complete if the organization answered "Yes" to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.Description of investment Book value Method of valuation: Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Complete if the organization answered "Yes" to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
Description Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
���������������������������� |
Complete if the organization answered "Yes" to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
Description of liability Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Federal income taxes
����� |
Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the
organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
3Part VII Investments - Other Securities.
Part VIII Investments - Program Related.
Part IX Other Assets.
Part X Other Liabilities.
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
ASSETS HELD FOR OTHERS 1,185,588.
1,185,588.
PENSION BENEFITS LIABILITY 739,621.
739,621.
X
31
COPY
33205409-25-13
1
2
3
4
5
1
a
b
c
d
e
2a
2b
2c
2d
2a 2d 2e
32e 1
a
b
c
4a
4b
4a 4b
3 4c.
4c
5
1
2
3
4
5
1
a
b
c
d
e
2a
2b
2c
2d
2a 2d
2e 1
2e
3
a
b
c
4a
4b
4a 4b
3 4c.
4c
5
Schedule D (Form 990) 2013
(This must equal Form 990, Part I, line 12.)
(This must equal Form 990, Part I, line 18.)
Schedule D (Form 990) 2013 Page
Complete if the organization answered "Yes" to Form 990, Part IV, line 12a.
Total revenue, gains, and other support per audited financial statements
Amounts included on line 1 but not on Form 990, Part VIII, line 12:
~~~~~~~~~~~~~~~~~~~
Net unrealized gains on investments
Donated services and use of facilities
Recoveries of prior year grants
Other (Describe in Part XIII.)
~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
Add lines through ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Subtract line from line ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Amounts included on Form 990, Part VIII, line 12, but not on line 1:
Investment expenses not included on Form 990, Part VIII, line 7b
Other (Describe in Part XIII.)
~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
Add lines and
Total revenue. Add lines and
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
�����������������
Complete if the organization answered "Yes" to Form 990, Part IV, line 12a.
Total expenses and losses per audited financial statements
Amounts included on line 1 but not on Form 990, Part IX, line 25:
~~~~~~~~~~~~~~~~~~~~~~~~~~
Donated services and use of facilities
Prior year adjustments
Other losses
Other (Describe in Part XIII.)
~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
Add lines through
Subtract line from line
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Amounts included on Form 990, Part IX, line 25, but not on line 1:
Investment expenses not included on Form 990, Part VIII, line 7b
Other (Describe in Part XIII.)
~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
Add lines and
Total expenses. Add lines and
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
����������������
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part IV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI,
lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
4Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return.
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return.
Part XIII Supplemental Information.
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
12,275,181.
306,439.135,989.
-82,948.359,480.
11,915,701.
0.11,915,701.
11,553,651.
135,989.
77,017.213,006.
11,340,645.
0.11,340,645.
PART IV, LINE 2B:
ESMA MAINTAINS THE ASSETS OF THE MASSACHUSETTS ASSISTIVE
TECHNOLOGY LOAN PROGRAM (MATLP) IN AN INVESTMENT PORTFOLIO THAT IS
SEPARATE FROM THE ORGANIZATION'S OTHER INVESTMENTS. SINCE THESE ASSETS ARE
NOT THE PROPERTY OF THE ORGANIZATION THEY ARE SHOWN AS ASSETS HELD FOR
OTHERS WITH A CORRESPONDING LIABILITY OF AN EOUAL AMOUNT ON THE
ACCOMPANYING STATEMENTS OF FINANCIAL POSITION AS OF AUGUST 31. 2014 AND
2013.
PART V, LINE 4:
THE ORGANIZATION'S ENDOWMENT CONSISTS OF THE GENERAL
ENDOWMENT FUND, THE RICHARD A. LAPIERRE FUND AND THE EASTER SEALS
32
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33205509-25-13
5
Schedule D (Form 990) 2013
(continued)Schedule D (Form 990) 2013 Page Part XIII Supplemental Information
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
ASSISTIVE TECHNOLOGY ENDOWMENT FUND.
PROCEEDS FROM ESMA'S ENDOWMENT FUNDS ARE USED TO PROVIDE ONGOING SUPPORT
FOR PROGRAMS AS WELL AS GENERAL OPERATIONS OF THE ORGANIZATION AS A WHOLE.
SPECIFICALLY THE EASTER SEALS ASSISTIVE TECHNOLOGY ENDOWMENT FUND SUPPORTS
THE ORGANIZATION'S ASSISTIVE TECHNOLOGY PROGRAM.
PART X, LINE 2:
THE ORGANIZATION ASSESSES THE RECORDING OF UNCERTAIN TAX
POSITIONS BY EVALUATING THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT
REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT
IN THE FINANCIAL STATEMENTS.
THE ORGANIZATION HAS NOT RECOGNIZED ANY LIABILITIES FOR UNCERTAIN TAX
POSITIONS OR UNRECOGNIZED BENEFITS AS OF AUGUST 31, 2014 AND 2013. THE
ORGANIZATION DOES NOT EXPECT ANY MATERIAL CHANGE IN UNCERTAIN TAX BENEFITS
WITHIN THE NEXT TWELVE MONTHS.
AS OF AUGUST 31, 2014 AND 2013, THE ORGANIZATION IS NOT CURRENTLY UNDER
EXAMINATION BY ANY TAXING AUTHORITIES AND IS GENERALLY OPEN TO EXAMINATION
FOR THREE YEARS FROM THE DATE OF FILING.
PART XI, LINE 2D - OTHER ADJUSTMENTS:
CHANGE IN PENSION BENEFITS OBLIGATIONS -159,965.
SPECIAL EVENT EXPENSES 77,017.
TOTAL TO SCHEDULE D, PART XI, LINE 2D -82,948.
PART XII, LINE 2D - OTHER ADJUSTMENTS:
33
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33205509-25-13
5
Schedule D (Form 990) 2013
(continued)Schedule D (Form 990) 2013 Page Part XIII Supplemental Information
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
SPECIAL EVENT EXPENSES 77,017.
34
COPY
OMB No. 1545-0047
Department of the TreasuryInternal Revenue Service
Didfundraiser
have custodyor control of
contributions?
33208109-12-13
Information about Schedule G (Form 990 or 990-EZ) and its instructions is at
(Form 990 or 990-EZ)Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19, or if the
organization entered more than $15,000 on Form 990-EZ, line 6a.| Attach to Form 990 or Form 990-EZ. Open To Public
Inspection| Employer identification number
1
a
b
c
d
a
b
e
f
g
2
Yes No
(i) (ii)
(iii) (iv)
(v)
(i)
(vi)
Yes No
Total
3
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule G (Form 990 or 990-EZ) 2013
Name of the organization
Complete if the organization answered "Yes" to Form 990, Part IV, line 17. Form 990-EZ filers are notrequired to complete this part.
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
Mail solicitations
Internet and email solicitations
Phone solicitations
In-person solicitations
Solicitation of non-government grants
Solicitation of government grants
Special fundraising events
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees or
key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is to be
compensated at least $5,000 by the organization.
Name and address of individualor entity (fundraiser)
ActivityGross receipts
from activity
Amount paidto (or retained by)
fundraiserlisted in col.
Amount paidto (or retained by)
organization
�������������������������������������� |
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registrationor licensing.
LHA
www.irs.gov/form 990.
SCHEDULE GSupplemental Information Regarding Fundraising or Gaming Activities
Fundraising Activities. Part I
2013
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
35
COPY
332082 09-12-13
2
(d)
(a)
(c)
(a) (b) (c)
1
2
3
4
5
6
7
8
9
10
11
(a) (b)
(c) (d)
(a) (c)
1
2
3
4
5
6
7
8
Yes Yes Yes
No No No
9
10
a
b
Yes No
a
b
Yes No
Schedule G (Form 990 or 990-EZ) 2013
Pull tabs/instantbingo/progressive bingo
Schedule G (Form 990 or 990-EZ) 2013 Page Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000
of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.
Total events
(add col. through
col. )
Re
ven
ue
Event #1 Event #2 Other events
(event type) (event type) (total number)
Gross receipts
Less: Contributions
~~~~~~~~~~~~~~
~~~~~~~~~~~
Gross income (line 1 minus line 2)
Dir
ec
t E
xpe
nse
s
����
Cash prizes
Noncash prizes
~~~~~~~~~~~~~~~
~~~~~~~~~~~~~
Rent/facility costs ~~~~~~~~~~~~
Food and beverages
Entertainment
~~~~~~~~~~
~~~~~~~~~~~~~~
Other direct expenses ~~~~~~~~~~
Direct expense summary. Add lines 4 through 9 in column (d)
Net income summary. Subtract line 10 from line 3, column (d)
~~~~~~~~~~~~~~~~~~~~~~~~ |
������������������������ |Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than
$15,000 on Form 990-EZ, line 6a.
Re
ven
ue Bingo Other gaming
Total gaming (addcol. through col. )
Dir
ec
t E
xpe
nse
s
Gross revenue ��������������
Cash prizes
Noncash prizes
~~~~~~~~~~~~~~~
~~~~~~~~~~~~~
Rent/facility costs
Other direct expenses
~~~~~~~~~~~~
����������
% % %
Volunteer labor ~~~~~~~~~~~~~
Direct expense summary. Add lines 2 through 5 in column (d)
Net gaming income summary. Subtract line 7 from line 1, column (d)
~~~~~~~~~~~~~~~~~~~~~~~~ |
��������������������� |
Enter the state(s) in which the organization operates gaming activities:
Is the organization licensed to operate gaming activities in each of these states?
If "No," explain:
~~~~~~~~~~~~~~~~~~~~
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year?
If "Yes," explain:
~~~~~~~~~
Part II Fundraising Events.
Part III Gaming.
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
WALK WITH MEGALA 3
268,966. 136,587. 88,030. 493,583.
244,290. 100,009. 72,267. 416,566.
24,676. 36,578. 15,763. 77,017.
4,248. 4,248.
33,280. 33,280.
700. 700.19,728. 3,298. 15,763. 38,789.
77,017.0.
36
COPY
332083 09-12-13
3
11
12
13
14
15
Yes No
Yes No
a
b
13a
13b
Yes Noa
b
c
16
17
a
b
Yes No
Supplemental Information.
Schedule G (Form 990 or 990-EZ) 2013
Schedule G (Form 990 or 990-EZ) 2013 Page
Does the organization operate gaming activities with nonmembers?
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity formed
to administer charitable gaming?
~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Indicate the percentage of gaming activity operated in:
The organization's facility
An outside facility
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ %
%~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name |
Address |
Does the organization have a contract with a third party from whom the organization receives gaming revenue?
If "Yes," enter the amount of gaming revenue received by the organization |
~~~~~~
$ and the amount
of gaming revenue retained by the third party | $ .
If "Yes," enter name and address of the third party:
Name |
Address |
Gaming manager information:
Name |
Gaming manager compensation |
Description of services provided |
$
Director/officer Employee Independent contractor
Mandatory distributions:
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Enter the amount of distributions required under state law to be distributed to other exempt organizations or spent in the
organization's own exempt activities during the tax year | $
Provide the explanations required by Part I, line 2b, columns (iii) and (v), and Part III, lines 9, 9b, 10b, 15b,
15c, 16, and 17b, as applicable. Also complete this part to provide any additional information (see instructions).
Part IV
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
37
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OMB No. 1545-0047
Department of the Treasury
Internal Revenue Service
33210110-29-13
SCHEDULE I(Form 990)
Complete if the organization answered "Yes" to Form 990, Part IV, line 21 or 22.
| Attach to Form 990.
| Information about Schedule I (Form 990) and its instructions is at
Open to PublicInspection
Employer identification number
General Information on Grants and AssistancePart I
1
2
Yes No
Part II Grants and Other Assistance to Governments and Organizations in the United States.
(f) 1 (a) (b) (c) (d) (e) (g) (h)
2
3
For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule I (Form 990) (2013)
Name of the organization
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and the selection
criteria used to award the grants or assistance? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Complete if the organization answered "Yes" to Form 990, Part IV, line 21, for any
recipient that received more than $5,000. Part II can be duplicated if additional space is needed.Method of
valuation (book,FMV, appraisal,
other)
Name and address of organizationor government
EIN IRC sectionif applicable
Amount ofcash grant
Amount ofnon-cash
assistance
Description ofnon-cash assistance
Purpose of grantor assistance
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table
Enter total number of other organizations listed in the line 1 table
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
�������������������������������������������������� |
LHA
www.irs.gov/form990.
Grants and Other Assistance to Organizations,Governments, and Individuals in the United States 2013
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
X
38
COPY
332102 10-29-13
2Part III Grants and Other Assistance to Individuals in the United States.
(e) (a) (b) (c) (d) (f)
Part IV Supplemental Information.
Schedule I (Form 990) (2013)
Schedule I (Form 990) (2013) Page Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
Method of valuation(book, FMV, appraisal, other)
Type of grant or assistance Number ofrecipients
Amount ofcash grant
Amount of non-cash assistance
Description of non-cash assistance
Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
ASSISTIVE TECHNOLOGY DEVICES AND EQUIPMENT 603 0. 703,094.FMV EQUIPMENT
PART I, LINE 2:
ESMA DOES NOT PROVIDE CASH GRANTS TO INDIVIDUALS, BUT RATHER
PROVIDES EQUIPMENT. THE SPECIFIC EQUIPMENT PROVIDED IS BASED UPON AN
INDIVIDUALIZED ASSESSMENT OF A CLIENT'S NEEDS AND IS THEREFORE SPECIFIC TO
THAT INDIVIDUAL. AFTER EQUIPMENT IS DELIVERED AND SET UP, EITHER ESMA STAFF
OF COMMONWEALTH OF MASSACHUSETTS COUNSELORS PERIODICALLY CONTACT CLIENTS TO
ENSURE THAT THE EQUIPMENT IS STILL BEING UTILIZED, IS WORKING PROPERLY AND
IS STILL MEETING THE CLIENT'S NEEDS.
39
COPY
OMB No. 1545-0047
Department of the TreasuryInternal Revenue Service
33211109-13-13
For certain Officers, Directors, Trustees, Key Employees, and HighestCompensated Employees
Complete if the organization answered "Yes" on Form 990, Part IV, line 23.Open to Public
InspectionAttach to Form 990. See separate instructions.
| Information about Schedule J (Form 990) and its instructions is at Employer identification number
Yes No
1a
b
1b
2
2
3
4
a
b
c
4a
4b
4c
Only section 501(c)(3) and 501(c)(4) organizations must complete lines 5-9.
5
5a
5b
6a
6b
7
8
9
a
b
6
a
b
7
8
9
For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule J (Form 990) 2013
|| |
Name of the organization
Check the appropriate box(es) if the organization provided any of the following to or for a person listed in Form 990,
Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
First-class or charter travel
Travel for companions
Housing allowance or residence for personal use
Payments for business use of personal residence
Tax indemnification and gross-up payments
Discretionary spending account
Health or social club dues or initiation fees
Personal services (e.g., maid, chauffeur, chef)
If any of the boxes on line 1a are checked, did the organization follow a written policy regarding payment or
reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain~~~~~~~~~~~
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all directors,
trustees, and officers, including the CEO/Executive Director, regarding the items checked in line 1a? ~~~~~~~~~~~~
Indicate which, if any, of the following the filing organization used to establish the compensation of the organization's
CEO/Executive Director. Check all that apply. Do not check any boxes for methods used by a related organization to
establish compensation of the CEO/Executive Director, but explain in Part III.
Compensation committee
Independent compensation consultant
Form 990 of other organizations
Written employment contract
Compensation survey or study
Approval by the board or compensation committee
During the year, did any person listed in Form 990, Part VII, Section A, line 1a, with respect to the filing
organization or a related organization:
Receive a severance payment or change-of-control payment?
Participate in, or receive payment from, a supplemental nonqualified retirement plan?
Participate in, or receive payment from, an equity-based compensation arrangement?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation
contingent on the revenues of:
The organization?
Any related organization?
If "Yes" to line 5a or 5b, describe in Part III.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation
contingent on the net earnings of:
The organization?
Any related organization?
If "Yes" to line 6a or 6b, describe in Part III.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed payments
not described in lines 5 and 6? If "Yes," describe in Part III
Were any amounts reported in Form 990, Part VII, paid or accrued pursuant to a contract that was subject to the
initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe in Part III
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in
Regulations section 53.4958-6(c)? ���������������������������������������������
LHA
www.irs.gov/form990.
SCHEDULE J(Form 990)
Part I Questions Regarding Compensation
Compensation Information
2013
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
XX
X X
XXX
XX
XX
X
X
40
COPY
33211209-13-13
2
Part II Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees.
Note.
(B) (C) (D) (E) (F)
(i) (ii) (iii) (A)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
Schedule J (Form 990) 2013
Schedule J (Form 990) 2013 Page
Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the instructions, on row (ii).Do not list any individuals that are not listed on Form 990, Part VII.
The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
Breakdown of W-2 and/or 1099-MISC compensation Retirement andother deferredcompensation
Nontaxablebenefits
Total of columns(B)(i)-(D)
Compensationreported as deferred
in prior Form 990Basecompensation
Bonus &incentive
compensation
Otherreportable
compensation
Name and Title
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
(1) KIRK N. JOSLIN 167,845. 0. 0. 261. 13,045. 181,151. 0.PRESIDENT AND CEO 0. 0. 0. 0. 0. 0. 0.
41
COPY
33211309-13-13
3
Part III Supplemental Information
Schedule J (Form 990) 2013
Schedule J (Form 990) 2013 Page
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
42
COPY
OMB No. 1545-0047
Department of the TreasuryInternal Revenue Service
33221109-04-13
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
Complete to provide information for responses to specific questions onForm 990 or 990-EZ or to provide any additional information.
| Attach to Form 990 or 990-EZ.|
(Form 990 or 990-EZ)
Open to PublicInspection
Employer identification number
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule O (Form 990 or 990-EZ) (2013)
Name of the organization
LHA
www.irs.gov/form990.
SCHEDULE O Supplemental Information to Form 990 or 990-EZ 2013
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
WITH DISABILITIES HAVE EQUAL OPPORTUNITIES TO LIVE, LEARN, WORK AND
PLAY.
FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
EQUAL OPPORTUNITIES TO LIVE, LEARN, WORK AND PLAY. THESE SERVICES
INCLUDE REHABILITATION SERVICES, RECREATIONAL ACTIVITIES, EMPLOYMENT
AND TRAINING SERVICES, TECHNOLOGICAL ASSITANCE, ADVOCACY AND PUBLIC
EDUCATION PROGRAMS THAT ARE PROVIDED IN COMMUNITIES THROUGHOUT
MASSACHUSETTS.
EASTER SEALS MASSACHUSETTS SERVICES HELP PEOPLE OF ALL AGES WITH ALL
KINDS OF DISABILITIES - INDIVIDUALS DISABLED THROUGH ILLNESS, ACCIDENTS
OR AGING, AS WELL AS PEOPLE BORN WITH DISABILITIES. THE GOAL OF OUR
SERVICES IS TO HELP PEOPLE LIVE AS FULL AND INDEPENDENT LIVES AS
POSSIBLE, RIGHT IN THEIR OWN COMMUNITIES. IN ADDITION, THE ORGANIZATION
IS THE ADMINISTRATOR OF THE MASSACHUSETTS ASSITIVE TECHNOLOGY LOAN
PROGRAM (MATLP).
FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES:
ESMA PROVIDES A WIDE RANGE OF OTHER SERVICES FOR CHILDREN AND ADULTS
WITH
SPECIAL NEEDS. THESE INCLUDE YOUTH LEADERSHIP AND TRANSITION SERVICES,
AUTISM SERVICES, SUMMER PROGRAMS, DISABILITY RESOURCE INFORMATION AND
VETERANS SERVICES.
EXPENSES $ 3,107,334. INCLUDING GRANTS OF $ 0. REVENUE $ 2,499,002.
43
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33221209-04-13
2
Employer identification number
Schedule O (Form 990 or 990-EZ) (2013)
Schedule O (Form 990 or 990-EZ) (2013) Page
Name of the organizationEASTER SEALS MASSACHUSETTS, INC. 04-2103867
FORM 990, PART VI, SECTION B, LINE 11:
THE FORM 990 IS PREPARED BY A CPA FIRM BASED ON INPUT FROM
MANAGEMENT, AFTER
THE PREPARATION OF THE FORM 990, THE RETURN IS REVIEWIED BY THE VP OF
FINANCE AND ADMINISTRATION AND PROVIDED TO THE AUDIT COMMITTEE FOR THEIR
REVIEW. SUBSEOUENT TO THIS REVIEW, THE FULL BOARD IS PROVIDED WITH COPIES
OF THE 990 PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C:
ESMA'S PRACTICE HAS BEEN TO NOT CONDUCT BUSINESS TRANSACTIONS
WITH COMPANIES IN WHICH MEMBERS OF THE BOARD HAVE A CONFLICT OF INTEREST,
THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS,
DIRECTORS, TRUSTEES AND KEY EMPLOYEES.
ANNUALLY ALL OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES MUST COMPLETE
A CONFLICT OF INTEREST QUESTIONNAIRE TO DISCLOSE POTENTIAL OR ACTUAL
CONFLICTS OF INTEREST THAT EXIST WITH THE ORGANIZATION, THE ANNUAL
QUESTIONNAIRES ARE REVIEWIED BY THE VP OF FINANCE AND ADMINISTRATION, IF
THERE IS A SITUATION THAT COULD BE PERCEIVED AS A CONFLICT, THE VP OF
FINANCE AND ADMINISTRATION WOULD PROVIDE THE DATA TO THE CEO, THE CEO WOULD
WORK WITH THE BOARD'S GOVERNANCE COMMITTEE TO DETERMINE WHETHER A CONFLICT
EXISTS, SHOULD A CONFLICT EXIST, THE CHAIRMAN OF THE BOARD WOULD BE
INFORMED AND WOULD ASK THE MEMBER TO EXCUSE THEMSELVES FROM ANY DISCUSSIONS
OR DECISIONS THAT ARE MADE IN REGARDS TO ANY TRANSACTION INVOLVING THE SAID
CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15:
44
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33221209-04-13
2
Employer identification number
Schedule O (Form 990 or 990-EZ) (2013)
Schedule O (Form 990 or 990-EZ) (2013) Page
Name of the organizationEASTER SEALS MASSACHUSETTS, INC. 04-2103867
THE BOARD OF DIRECTORS EMPLOYS THE PRESIDENT/CHIEF EXECUTIVE
OFFICER FOR A PERIOD WHICH THE BOARD DETERMINES THROUGH AN EMPLOYMENT
CONTRACT THAT IS REVIEWIED AND REVISED ON AN ANNUAL BASIS AS NECESSARY. THE
EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS EVALUATES
PERFORMANCE AND REVIEWS AND APPROVES THE COMPENSATION OF THE PRESIDENT/CEO
EACH YEAR.
ADJUSTMENTS TO SALARY, IF ANY, ARE TYPICALLY MADE EFFECTIVE JANUARY 1 OF
EACH YEAR. THE EXECUTIVE COMPENSATION COMMITTEE REVIEWS MARKET DATA FOR
CEO'S OF OTHER NON PROFITS FOR COMPARABILITY PURPOSES, THIS DATA IS
GATHERED THROUGH 990'S OF OTHER ORGANIZATIONS, REPORTS FROM A CEO
COMPENSATION STUDY PREPARED BY CHARITY NAVIGATOR AND COMPENSATION DATA
PROVIDED BY EASTER SEALS, INC. (THE AFFILIATED NATIONAL ORGANIZATION OF
ESMA)AND THIRD PARTY SURVEYS, IN ADDITION, AN ANNUAL CEO EVALUATION IS
COMPLETED BY BOARD MEMBERS AND MANAGEMENT STAFF. THE RESULTS OF THIS ANNUAL
ASSESSMENT ARE MADE AVAILABLE TO THE EXECUTIVE COMPENSATION COMMITTEE IN
THEIR DELIBERATIONS REGARDING COMPENSATION, THE COMMITTEE RECOMMENDS ANY
SALARY ACTION TO THE FULL BOARD FOR APPROVAL. THE DIRECTOR OF HUMAN
RESOURCES SERVES AS AD HOC STAFF TO THE EXECUTIVE COMPENSATION COMMITTEE,
MINUTES OF THE COMPENSATION COMMITTEE MEETINGS ARE DOCUMENTED ON A TIMELY
BASIS. THIS PROCESS WAS LAST UNDERTAKEN PRIOR TO THE JANUARY 2015 BOARD OF
DIRECTORS MEETING, AT WHICH TIME AN EXECUTIVE SESSION WAS HELD TO DISCUSS
THE RECOMMENDATIONS OF THE EXECUTIVE COMPENSATION COMMITTEE.
ESMA'S POLICY IS TO EVALUATE ALL JOBS IN ORDER TO ESTABLISH A CONSISTENT
BASIS FOR MEASURING AND RANKING THE RELATIVE WORTH OF EACH POSITION, ESMA
USES A JOB EVALUATION SYSTEM TO CLASSIFY EACH POSITION BY FAIR LABOR
STANDARDS ACT CRITERIA (EXEMPT VS. NON-EXEMPT) AND DETERMINE A SALARY GRADE
45
COPY
33221209-04-13
2
Employer identification number
Schedule O (Form 990 or 990-EZ) (2013)
Schedule O (Form 990 or 990-EZ) (2013) Page
Name of the organizationEASTER SEALS MASSACHUSETTS, INC. 04-2103867
IN ACCORDANCE WITH JOB RESPONSIBILITIES TO ASSURE INTERNAL EQUITY, THE
HUMAN RESOURCES DEPARTMENT IS RESPONSIBLE FOR DEVELOPING, DOCUMENTING AND
ADMINISTERING THE JOB EVALUATION PROGRAM.
OTHER OFFICERS AND HIGHEST PAID EMPLOYEES ARE ASSIGNED A SALARY RANGE THAT
PROVIDES A SPREAD FROM A MINIMUM SALARY'RATE TO A MAXIMUM SALARY RATE,
OTHER OFFICER AND HIGHEST PAID EMPLOYEES' COMPENSATION WITHIN ANY SALARY
GRADE IS BASED ON FACTORS SUCH AS MERIT, EXPERIENCE, INDIVIDUAL
CONTRIBUTION, PRODUCTIVITY, LENGTH OF SERVICE AND EXTERNAL MARKET FACTORS,
IN ADDITION, WAGE AND SALARY SURVEYS ARE CONDUCTED REGULARLY AND
RECOMMENDATIONS TO ADJUST THE SALARY RANGES ARE MADE ACCORDINGLY TO HELP
ASSURE EXTERNAL COMPETITIVENESS, SALARIES FOR OTHER OFFICERS AND HIGHEST
PAID EMPLOYEES ARE REVIEWIED ANNUALLY WITH THE EXECUTIVE COMPENSATION
COMMITTEE OF THE BOARD. ALL COMPENSATION POLICY DECISIONS TAKE INTO
CONSIDERATION THE ORGANIZATION'S OVERALL FINANCIAL CONDITION AND
COMPETITIVE POSITION. THIS PROCESS WAS LAST PERFORMED IN DECEMBER 2014 FOR
THE FOLLOWING POSITIONS:
I. SVP OF PROGRAM SERVICES/COO
2. VP OF FINANCE & ADMIN
FORM 990, PART VI, SECTION C, LINE 19:
THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF
INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON
REQUEST.
FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS:
CHANGE IN PENSION BENEFITS OBLIGATION -159,964.
46
COPY
33221209-04-13
2
Employer identification number
Schedule O (Form 990 or 990-EZ) (2013)
Schedule O (Form 990 or 990-EZ) (2013) Page
Name of the organizationEASTER SEALS MASSACHUSETTS, INC. 04-2103867
PART XII, LINE 2C
THE ORGANIZATION'S OVERSIGHT PROCESS AND SELECTION PROCESS
OF THE INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.
47
COPY
Department of the TreasuryInternal Revenue Service
File by thedue date forfiling yourreturn. Seeinstructions.
32384112-31-13
| File a separate application for each return.
| Information about Form 8868 and its instructions is at .
Automatic 3-Month Extension, complete only Part I
Additional (Not Automatic) 3-Month Extension, complete only Part II
Electronic filing .
Enter filer's identifying number
Type or
Application
Is For
Return
Code
Application
Is For
Return
Code
1
2
3a
b
c
3a
3b
3c
$
$
$
Balance due.
Caution.
For Privacy Act and Paperwork Reduction Act Notice, see instructions. 8868
www.irs.gov/efile e-file for Charities & Nonprofits.
All other corporations (including 1120-C filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension of timeto file income tax returns.
Form
(Rev. January 2014)OMB No. 1545-1709
¥ If you are filing for an and check this box ~~~~~~~~~~~~~~~~~~~ |
¥ If you are filing for an (on page 2 of this form).
you have already been granted an automatic 3-month extension on a previously filed Form 8868.
You can electronically file Form 8868 if you need a 3-month automatic extension of time to file (6 months for a corporation
required to file Form 990-T), or an additional (not automatic) 3-month extension of time. You can electronically file Form 8868 to request an extension
of time to file any of the forms listed in Part I or Part II with the exception of Form 8870, Information Return for Transfers Associated With Certain
Personal Benefit Contracts, which must be sent to the IRS in paper format (see instructions). For more details on the electronic filing of this form,
visit and click on
A corporation required to file Form 990-T and requesting an automatic 6-month extension - check this box and complete
Part I only ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
Name of exempt organization or other filer, see instructions. Employer identification number (EIN) or
Number, street, and room or suite no. If a P.O. box, see instructions.
City, town or post office, state, and ZIP code. For a foreign address, see instructions.
Social security number (SSN)
Enter the Return code for the return that this application is for (file a separate application for each return) ~~~~~~~~~~~~~~~~~
Form 990 or Form 990-EZ
Form 990-BL
Form 4720 (individual)
Form 990-PF
01
02
03
04
05
06
Form 990-T (corporation) 07
08
09
10
11
12
Form 1041-A
Form 4720 (other than individual)
Form 5227
Form 6069
Form 8870
Form 990-T (sec. 401(a) or 408(a) trust)
Form 990-T (trust other than above)
¥ The books are in the care of |
Telephone No. | Fax No. |
¥ If the organization does not have an office or place of business in the United States, check this box~~~~~~~~~~~~~~~~~ |
¥ If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If this is for the whole group, check this
box . If it is for part of the group, check this box and attach a list with the names and EINs of all members the extension is for.| |
I request an automatic 3-month (6 months for a corporation required to file Form 990-T) extension of time until
, to file the exempt organization return for the organization named above. The extension
is for the organization's return for:
|
|
calendar year or
tax year beginning , and ending .
If the tax year entered in line 1 is for less than 12 months, check reason: Initial return Final return
Change in accounting period
If this application is for Forms 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any
nonrefundable credits. See instructions.
If this application is for Forms 990-PF, 990-T, 4720, or 6069, enter any refundable credits and
estimated tax payments made. Include any prior year overpayment allowed as a credit.
Subtract line 3b from line 3a. Include your payment with this form, if required,
by using EFTPS (Electronic Federal Tax Payment System). See instructions.
If you are going to make an electronic funds withdrawal (direct debit) with this Form 8868, see Form 8453-EO and Form 8879-EO for paymentinstructions.
LHA Form (Rev. 1-2014)
www.irs.gov/form8868
Do not complete Part II unless (e-file)
Part I Automatic 3-Month Extension of Time. Only submit original (no copies needed).
8868 Application for Extension of Time To File anExempt Organization Return
X
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
484 MAIN STREET
WORCESTER, MA 01608
0 1
THE ORGANIZATION484 MAIN STREET - WORCESTER, MA 01608
(508)751-6304
APRIL 15, 2015
X SEP 1, 2013 AUG 31, 2014
0.
0.
0.
48
COPY
30008205-01-13
~~~~~~~~~~~~~~~~~~
FOR THE YEAR ENDING
Prepared for
Prepared by
Mail taxreturn to
Return must bemailed onor before
SpecialInstructions
TAX RETURN FILING INSTRUCTIONSMASSACHUSETTS FORM PC
AUGUST 31, 2014
EASTER SEALS MASSACHUSETTS, INC.484 MAIN STREETWORCESTER, MA 01608
MOODY, FAMIGLIETTI & ANDRONICO, LLP1 HIGHWOOD DRIVETEWKSBURY, MA 01876
NON-PROFIT ORGANIZATIONS/PUBLIC CHARITIES DIVOFFICE OF THE ATTORNEY GENERALONE ASHBURTON PLACEBOSTON, MA 02108
PLEASE MAIL AS SOON AS POSSIBLE.
FORM PC MUST BE SIGNED AND DATED BY THE AUTHORIZEDINDIVIDUAL(S). ALSO BE SURE THAT ALL THE NECESSARYATTACHMENTS ARE INCLUDED WITH FORM PC BEFORE FILING.
ENCLOSE A CHECK FOR $1,000 MADE PAYABLE TO COMMONWEALTH OFMASSACHUSETTS. INCLUDE THE ORGANIZATION'S MASSACHUSETTSATTORNEY GENERAL SIX-DIGIT ACCOUNT NUMBER AND "2013 FORM PC"ON THE REMITTANCE. ALSO INCLUDE THE ORGANIZATION'S FISCALYEAR END DATE IN THIS FORMAT (08/14).COPY
37800105-01-13
Fiscal Year
Check all items attached
(if applicable)Report for the Fiscal Period: to
Attorney General's Account #:
Federal ID #:
OR
Organization Data
up to 2
Please check box if final return prior to dissolution:
Payment Received
Office Use Only:
Office Use Only:
(617) 727-2200, ext. 2101
www.mass.gov/ago/charities
Schedule A-1
Schedule A-2
Schedule RO
Probate Account
Copy of IRS Return
Audited Financial
Statements/Review
Filing Fee
When did the organization first engage in
charitable work in Massachusetts?
Amended Articles/
By-Laws
Has the organization applied for or been granted
IRS tax exempt status? Yes No
If yes, date of application date of
determination letter:
IRS Exemption under 501(c):
If exempt under 501(c), are contributions to the
organization tax deductible as charitable contributions? Yes No
Name:
Mailing Address:
City: State: ZIP:
Phone Number: Fax Number:
Email: Website:
In the table below, please enter the appropriate codes from the corresponding tables found in the instructions.
Enter codes from Table 3 for your organization's main purpose(s)
Category Code Category Code
County (Table 1) Organization Purpose Code 1
Type of Organization (Table 2) Organization Purpose Code 2
Page 1 of 14Form PC
OFFICE OF THE ATTORNEY GENERALNON-PROFIT ORGANIZATIONS/PUBLIC CHARITIES DIVISION
ONE ASHBURTON PLACEBOSTON, MASSACHUSETTS 02108
Form PC
The Commonwealth of Massachusetts
09/01/13 08/31/14X
002865 X
04-2103867XX
09/06/1944X
X
10/16/1947
3
X
EASTER SEALS MASSACHUSETTS, INC.
484 MAIN STREET
WORCESTER MA 01608
(508)751-6304 (508)831-9768
[email protected] EASTERSEALSMA.ORG
14 48
5 41
2
COPY
37800205-01-13
Financial Data Amounts
Name/Title Benefit PlansHrs/Week
Salary andOther Income
OtherCompensation
All questions must be completed in their entirety whether or not similar questions are answered in an attached federal form. See instructionsand definition section for guidance.
(check one)
If yes, pleasecomplete the Schedule RO on pages 13 and 14.
If yes, pleaseprovide explanation (attach separate sheet).
1.
2.
3.
On what date was the organization created?
Where was the organization created?
What is the form of organization?
Corporation Testamentary Trust
Unincorporated Association Inter Vivos Trust
Other (please describe):
4.
5.
Was your organization related to any other organization(s) during the reporting year (see definition of "Related Organization")?
Yes No
Enter your summary of financial data:
A.
B.
C.
D.
E.
F.
G.
H.
Contributions, gifts, grants, and similar amounts received
Gross support and revenue
Program services and similar amounts paid out
Fundraising expenses
Management and general expenses
Payments to affiliates
Total expenses
Net assets or fund balances at the end of the year
6. List the total compensation you provided to your five highest paid employees:
1.
2.
3.
4.
5.
7. Was any compensation provided to any of the individuals listed in question 6 above which was not quantified in your response to 6?
Yes No
Form PC Page 2 of 14 Rev. 02/2010
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
09/16/1944
WORCESTER, MASSACHUSETTS
X
X
1,322,068.
11,804,091.
9,640,365.
455,100.
1,245,180.
66,213.
11,340,645.
3,299,794.
KIRK N. JOSLINPRESIDENT AND CEO 35.00 167,845. 261. 13,045.JOAN MORRISCOO 35.00 122,709. 160. 13,045.ADAM SHUSTERVP FINANCE/ADMIN 35.00 95,825. 41. 17,675.CYNTHIA AIKENVP PROGRAMS 35.00 101,249. 163. 7,379.PAUL MEDEIROSAVP REHAB SERVICES 35.00 91,759. 150. 19,442.
X
3
COPY
37800305-01-13
Name/Title Amount of Compensation Type(s) of Service
Bank Address Phone Number
(include bank addresses and phone numbers)
(specify)
8. List the name, amount of compensation paid, and the nature of services rendered by each of the organization's five highest paid
consultants providing professional services (e.g. attorneys, architects, accountants, management companies, investment
advisors, professional solicitors, professional fundraising counsel).
1.
2.
3.
4.
5.
9. Bank(s) in which the organization's funds are deposited :
Cash10. What is the organization's accounting method? Accrual
Other :
11. If organization's mailing address is a P.O. Box, list the organization's full street address:
Address:
City: State: ZIP Code:
12. Contact Person Name:
Street Address:
City: State: ZIP Code:
Phone Number:
Page 3 of 14Form PC Rev. 02/2010
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
TEMPORARY THERAPYCORE MEDICAL GROUP 281,007.STAFFING
MOODY, FAMIGLIETTI & ANDRONICO 47,800.AUDIT SERVICESTEMPORARY OFFICE
COMPLETE STAFFING SOLUTIONS 20,683.STAFFING
ANN HALL 12,938.PUBLIC RELATIONS
COMMERCE BANK & TRUST386 MAIN STREET WORCESTER, MA01615 (508)797-6800
X
CHERYL LAZZARO
484 MAIL STREET
WORCESTER MA 01608
(508)757-2756
4
COPY
37800405-01-13
If you answered yes to Question 13 or 14, you must complete Schedule A-1 and/or Schedule A-2 unless you are exempt from
the solicitation certificate requirement.
(The conditions at both (a) and (b) must be met for your organization to qualify for this exemption.)
If you attach list of states where solicitation was conducted, including registered agency, dates of registration, registration numbers, anyother names under which the organization was/is registered, and the dates and type (mail, telephone, door to door, special events, etc.) ofthe solicitation conducted.
13.
14.
15.
16.
17.
18.
19.
During the fiscal year reported here, did your organization solicit contributions or have funds
solicited on its behalf? Yes No
At any time during the fiscal year following the year reported here, will your organization, or others
acting on its behalf, solicit contributions? Yes No
If you are claiming an exemption from the solicitation certificate requirement, please indicate by checking the box to the right
to identify which exemption applies to your organization.
a religious organization
an organization which: (a) does not raise more than $5,000 during a calendar year OR does not receive contributions from
more than ten persons during a calendar year; AND (b) carries out all of its activities, including fundraising, through unpaid
volunteers.
Attach a list of names, addresses (street and/or mailing), and telephone numbers of other offices/chapters/branches/affiliates.
Attach a list of names, titles, and addresses (street and/or mailing) of officers, directors, trustees, and the principal salaried executives
of organization.
Attach a list of names, titles, and addresses (street and/or mailing) of any individual(s) authorized to sign checks, and any individual(s)
responsible for: custody of funds; distribution of funds; fundraising; and custody of financial records.
YesHas this organization or any of its officers, directors, employees or fundraisers solicited funds in any
other state?
No
Form PC Page 4 of 14 Rev. 02/2010
STATEMENT 1
STATEMENT 2
STATEMENT 3
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
X
X
X
5
COPY
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~FORM PC NAME, ADDRESS, PHONE OF OTHER OFFICES STATEMENT 1}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
NAME PHONE NUMBER}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}EASTER SEALS MASSACHUSETTS, INC. (617)225-2640
ADDRESS}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}89 SOUTH STREET BOSTON, MA 02111
NAME PHONE NUMBER}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}EASTER SEALS MASSACHUSETTS, INC. (508)992-3128
ADDRESS}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}256 UNION STREET NEW BEDFORD, MA 02740
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~FORM PC OFFICERS, DIRECTORS, TRUSTEES AND EXECUTIVES STATEMENT 2}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}KIRK N. JOSLIN PRESIDENT AND CEO484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}JOAN MORRIS SVP AND COO484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}ADAM SHUSTER VP FINANCE & ADMIN.484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}THOMAS SANGLIER II CHAIR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}PETER MAHONEY VICE-CHAIR484 MAIN STREETWORCESTER, MA 01608
EASTER SEALS MASSACHUSETTS, INC. 04-2103867}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}
STATEMENT(S) 1, 2 6
COPY
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}KELLEY HIPPLER TREASURER484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}TODD S. ALEXANDER ASSISTANT TREASURER484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}PAULINE C. HAMEL SECRETARY484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}HARRY SALERNO IMMEDIATE PAST CHAIR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}JOHN S. CLEARY DIRECTOR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}ALISON A. COADY DIRECTOR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}NABIL M. FAROOQ DIRECTOR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}TIMOTHY FERREIRA-BEDARD DIRECTOR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}PAUL FOLEY DIRECTOR484 MAIN STREETWORCESTER, MA 01608
EASTER SEALS MASSACHUSETTS, INC. 04-2103867}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}
STATEMENT(S) 2 7
COPY
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}DAVID FORD DIRECTOR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}LINDA C. FREEMAN DIRECTOR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}SANDRA HO DIRECTOR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}DAVID S. HOFFMAN DIRECTOR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}LORRAINE KELLEY-ALESSI DIRECTOR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}COLLEEN M. KIGIN DIRECTOR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}JUDY LUDDY DIRECTOR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}MICHAEL MCMANAMA DIRECTOR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}GERALD NIGHTINGALE DIRECTOR484 MAIN STREETWORCESTER, MA 01608
EASTER SEALS MASSACHUSETTS, INC. 04-2103867}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}
STATEMENT(S) 2 8
COPY
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}LOUIE PSALLIDAS DIRECTOR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}BRIAN ROBERTSON DIRECTOR484 MAIN STREETWORCESTER, MA 01608
NAME AND ADDRESS TITLE}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}}}}}}}JAY WHITE DIRECTOR484 MAIN STREETWORCESTER, MA 01608
EASTER SEALS MASSACHUSETTS, INC. 04-2103867}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}
STATEMENT(S) 2 9
COPY
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~FORM PC PAGE 4 LINE 18 STATEMENT 3}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
NAME AREA OF RESPONSIBILITY}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}CHERYL LAZZARO RESPONSIBLE FOR CUSTODY OF FUNDS
ADDRESS}}}}}}}}}}}}}}}}}}}}}}484 MAIN STREET WORCESTER, MA 01608
NAME AREA OF RESPONSIBILITY}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}CHERYL LAZZARO RESPONSIBLE FOR DISTRIBUTION OF FUNDS
ADDRESS}}}}}}}}}}}}}}}}}}}}}}484 MAIN STREET WORCESTER, MA 01608
NAME AREA OF RESPONSIBILITY}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}KELLI BARRY RESPONSIBLE FOR FUNDRAISING
ADDRESS}}}}}}}}}}}}}}}}}}}}}}484 MAIN STREET WORCESTER, MA 01608
NAME AREA OF RESPONSIBILITY}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}CHERYL LAZZARO CUSTODY OF FINANCIAL RECORDS
ADDRESS}}}}}}}}}}}}}}}}}}}}}}484 MAIN STREET WORCESTER, MA 01608
NAME AREA OF RESPONSIBILITY}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}KIRK N. JOSLIN AUTHORIZED TO SIGN CHECKS
ADDRESS}}}}}}}}}}}}}}}}}}}}}}484 MAIN STREET WORCESTER, MA 01608
NAME AREA OF RESPONSIBILITY}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}SUSAN CARACIOLO AUTHORIZED TO SIGN CHECKS
ADDRESS}}}}}}}}}}}}}}}}}}}}}}484 MAIN STREET WORCESTER, MA 01608
EASTER SEALS MASSACHUSETTS, INC. 04-2103867}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}
STATEMENT(S) 3 10
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NAME AREA OF RESPONSIBILITY}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}CHERYL LAZZARO AUTHORIZED TO SIGN CHECKS
ADDRESS}}}}}}}}}}}}}}}}}}}}}}484 MAIN STREET WORCESTER, MA 01608
NAME AREA OF RESPONSIBILITY}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}}}}}}}}}JOAN MORRIS AUTHORIZED TO SIGN CHECKS
ADDRESS}}}}}}}}}}}}}}}}}}}}}}484 MAIN STREET WORCESTER, MA 01608
EASTER SEALS MASSACHUSETTS, INC. 04-2103867}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}
STATEMENT(S) 3 11
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37800505-01-13
yes
If yes, please attach an explanation.
If yes, please attach an explanation.
If yes, please attach an explanation.
see instructions and definition sections
If you answered for Question 23(a) or 23(b) above, please attach an explanation identifying the individual(s) involved, stating theamount of any payments made or value transferred, and describing the terms of each agreement.
20.
21.
22.
23.
Has this organization or any of its officers, directors, or employees:
(a) Been enjoined or otherwise prohibited by a government agency/court from operating
or soliciting contributions? Yes No
(b) Ever been refused registration or had its registration or tax exemption denied, suspended,
modified or revoked by a governmental agency? Yes No
Yes(c) Been the subject of a proceeding regarding any solicitation or registration? No
(d) Entered into a voluntary agreement of compliance or consent judgment with any government
agency or in a case before a court or administrative agency? Yes No
YesHave any restrictions been removed during the year from donor-restricted funds? No
YesHave donor-restricted funds been loaned to unrestricted funds? No
This question involves "Termination of Employment or Changes of Control Compensatory Arrangements" with certain "Related
Parties" ( ). Report only if payments made or promised to any individual are in excess
of four months salary or $100,000, whichever dollar amount is less.
(a) Did you make actual payments or otherwise transfer value under such an arrangement to any individual described
in Related Party definition, sections (a) or (b), which payments are not reported in Question 6 or 7 above? Yes No
(b) Do you have an agreement with any individual described in Related Party definition, sections (a) or (b), containing
such an agreement? Yes No
Page 5 of 14Form PC Rev. 02/2010
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
X
X
X
X
X
X
X
X
12
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37800605-01-13
yes
During the year:
If the answer to any part of Question 24 is , attach a schedule stating the name and address of the related party, the nature of thetransaction, the value or the amounts involved in the transaction, and the procedure followed in authorizing the transaction.
24. This question applies to related party transactions, which include transactions with officers, directors, trustees, certain employees, relative,
and organizations they own or control. Please consult the instructions and definition sections for the definition of a "Related Party" and
"Indebtedness" before answering. Note that transactions involving related parties must be reported even when there is no accounting
recognition (e.g. in-kind gifts, waiver of interest not otherwise reported).
A.
B.
C.
D.
E.
F.
G.
H.
I.
J.
K.
L.
M.
Has your organization sold or transferred assets to or purchased assets from or exchanged assets with a
related party? Yes No
Has your organization leased assets to or leased assets from a related party? Yes No
Has your organization been indebted to a related party? Yes No
Has your organization allowed a related party to be indebted to it? Yes No
Has your organization made or held an investment in a related party? Yes No
Has your organization furnished goods, services, or facilities to a related party? Yes No
Has your organization acquired goods, services, or facilities from a related party who received compensation
or other value in return? Yes No
Has your organization paid or became obligated to pay wages, salary, or other compensation to a related party? Yes No
Has your organization transferred income or assets to or for use by a related party? Yes No
Was your organization a party to any transaction in which any of its officers, directors, or trustees has a material
financial interest, or did any officer, director, or trustee receive anything of value not reported as compensation? Yes No
Has your organization invested in any corporate stock of a company in which any officer, director, or trustee owns
more than 10% of the outstanding shares? Yes No
Is any property of the organization held in the name of or commingled with the property of any other person
or organization? Yes No
Did your organization make a grant award or contribution to any other organization in which any of this organization's
officers, directors, or trustees has a relationship? Yes No
Page 6 of 14Form PC Rev. 02/2010
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
X
X
X
X
X
X
X
X
X
X
X
X
X
13
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37800705-01-13
Under penalty of perjury, I declare that the information furnished in this report, including all attachments, is true and
correct to the best of my knowledge.
Signature: Date:
Printed Name:
Title:
Name of Preparer:
Address
City State ZIP Code
Phone Number
Form PC Page 7 of 14 Rev. 02/2010
Signature Required
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
CHERYL LAZZARO
CURRENT VP FINANCE AND ADMIN
MOODY, FAMIGLIETTI & ANDRONICO, LLP
1 HIGHWOOD DRIVE
TEWKSBURY MA 01876
(978)557-5300
14
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37800805-01-13
(check all that apply
(specify)
check all that apply
List any names which will be used by the organization in connection with the solicitation of funds, other than the official name which appears on
page 1.
Types of solicitation activities in which you expect to engage ):
Mass Mailing Via the Internet
Door-to-door Raffle, beano, bingo or gaming event
Entertainment event Sale of goods other than by telephone
Telemarketing without sale of goods or ads Individual Mailings
Telemarketing with sale of goods Corporate solicitations
Telemarketing with sale of ads Grant Proposals
Other :
Identify the method or methods you expect to use for the fundraising ( ):
Professional solicitor* Own employees
Professional fundraising counsel* Volunteers
Commercial co-venturer*
* Provide applicable names and addresses:
Professional Solicitor Name:
Address
City State ZIP Code
Professional Fundraising Counsel Name:
Address
City State ZIP Code
Commercial Co-Venturer Name:
Address
City State ZIP Code
Page 8 of 14Form PC - Schedule A-1 Rev. 02/2010
Schedule A-1Solicitation Activities During Fiscal Year Covered By This Report
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
XXXX
XX
PAPA GINOS/D'ANGELOS
600 PROVIDENCE HIGHWAY
DEDHAM MA 02026
15
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37800905-01-13
Identify the individuals who will have final responsibility for the charity's custody of contributions:
Name and Title:
Address
City State ZIP Code
Name and Title:
Address
City State ZIP Code
Name and Title:
Address
City State ZIP Code
Identify the individuals who will have final responsibility for the charity's distribution of contributions:
Name and Title:
Address
City State ZIP Code
Name and Title:
Address
City State ZIP Code
Name and Title:
Address
City State ZIP Code
Form PC - Schedule A-1 Page 9 of 14 Rev. 02/2010
Schedule A-1 ctd.Solicitation Activities During Fiscal Year Covered By This Report
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
CHERYL LAZZAROVP FINANCE AND ADMIN.
484 MAIN STREET
WORCESTER MA 01608
CHERYL LAZZAROVP FINANCE AND ADMIN.
484 MAIN STREET
WORCESTER MA 01608
16
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37801005-01-13
(check all that apply
(specify)
check all that apply
List any names which will be used by the organization in connection with the solicitation of funds, other than the official name which appears on
page 1.
Types of solicitation activities in which you expect to engage ):
Mass Mailing Via the Internet
Door-to-door Raffle, beano, bingo or gaming event
Entertainment event Sale of goods other than by telephone
Telemarketing without sale of goods or ads Individual Mailings
Telemarketing with sale of goods Corporate solicitations
Telemarketing with sale of ads Grant Proposals
Other :
Identify the method or methods you expect to use for the fundraising ( ):
Professional solicitor* Own employees
Professional fundraising counsel* Volunteers
Commercial co-venturer*
* Provide applicable names and addresses:
Professional Solicitor Name:
Address
City State ZIP Code
Professional Fundraising Counsel Name:
Address
City State ZIP Code
Commercial Co-Venturer Name:
Address
City State ZIP Code
Page 10 of 14Form PC - Schedule A-2 Rev. 02/2010
Schedule A-2Solicitation Activities Planned for Fiscal Year Which Follows the Reporting Year
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
XXXX
XX
PAPA GINOS/D'ANGELOS
600 PROVIDENCE HIGHWAY
DEDHAM MA 02026
17
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37801105-01-13
Identify the individuals who will have final responsibility for the charity's custody of contributions:
Name and Title:
Address
City State ZIP Code
Name and Title:
Address
City State ZIP Code
Name and Title:
Address
City State ZIP Code
Identify the individuals who will have final responsibility for the charity's distribution of contributions:
Name and Title:
Address
City State ZIP Code
Name and Title:
Address
City State ZIP Code
Name and Title:
Address
City State ZIP Code
Form PC - Schedule A-2 Page 11 of 14 Rev. 02/2010
Schedule A-2 ctd.Solicitation Activities Planned for Fiscal Year Which Follows the Reporting Year
EASTER SEALS MASSACHUSETTS, INC. 04-2103867
CHERYL LAZZAROVP FINANCE AND ADMIN.
484 MAIN STREET
WORCESTER MA 01608
CHERYL LAZZAROVP FINANCE AND ADMIN.
484 MAIN STREET
WORCESTER MA 01608
18
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37801205-01-13
Two different signatures required.
Under penalty of perjury, we declare that the information furnished in this report, including all attachments, is true and correct to the bestof our knowledge.
Signers must be organization president or other authorized officer or trustee.
Signature: Date:
Print Name:
Title:
Signature: Date:
Print Name:
Title:
Form PC Page 12 of 14 Rev. 02/2010
Certification by Organization
CHERYL LAZZARO
CURRENT VP FINANCE AND ADMIN
19
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37801305-01-13
If you have more than five RelatedOrganizations, please attach a list.
1. Please read the instructions and definition of "Related Organization" carefully before completing this section. (
)
Name: Primary purpose or activity:
FYE A. Donor restricted funds(-) liabilities
B. 3rd party restricted funds(-) liabilities
C. Unrestricted funds(-) liabilities
D. Total net assets(A+B+C)
Name: Primary purpose or activity:
FYE A. Donor restricted funds(-) liabilities
B. 3rd party restricted funds(-) liabilities
C. Unrestricted funds(-) liabilities
D. Total net assets(A+B+C)
Name: Primary purpose or activity:
FYE A. Donor restricted funds(-) liabilities
B. 3rd party restricted funds(-) liabilities
C. Unrestricted funds(-) liabilities
D. Total net assets(A+B+C)
Name: Primary purpose or activity:
FYE A. Donor restricted funds(-) liabilities
B. 3rd party restricted funds(-) liabilities
C. Unrestricted funds(-) liabilities
D. Total net assets(A+B+C)
Name: Primary purpose or activity:
FYE A. Donor restricted funds(-) liabilities
B. 3rd party restricted funds(-) liabilities
C. Unrestricted funds(-) liabilities
D. Total net assets(A+B+C)
Page 13 of 14Form PC - Schedule RO Rev. 02/2010
Schedule RO
20
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37801405-01-13
see instructions
2. List the total compensation paid by your organization and/or any other related organization to your chief executive (e.g. executive director)
and to the four other current or former directors, trustees, officers, or employees within the system of related organizations identified at
question 1, above, receiving the highest aggregate compensation ( ). Use additional lines below to itemize by compensation
source.
Name: Title:
Income Source: Salary and Other Income: Benefits Plan: Other Compensation:
Name: Title:
Income Source: Salary and Other Income: Benefits Plan: Other Compensation:
Name: Title:
Income Source: Salary and Other Income: Benefits Plan: Other Compensation:
Name: Title:
Income Source: Salary and Other Income: Benefits Plan: Other Compensation:
Name: Title:
Income Source: Salary and Other Income: Benefits Plan: Other Compensation:
3. Is asset and/or compensation information for religious organizations and/or certain non-charitable entities related to
foundations excluded pursuant to instructions? Yes No
Form PC - Schedule RO Page 14 of 14 Rev. 02/2010
Schedule RO ctd.
X
21
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Proactive CPA and Consulting Firm
EASTER SEALS MASSACHUSETTS, INC. FINANCIAL STATEMENTS AUGUST 31, 2014 AND 2013
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To the Audit Committee Easter Seals Massachusetts, Inc. Worcester, Massachusetts
INDEPENDENT AUDITORS’ REPORT We have audited the accompanying financial statements of the Easter Seals Massachusetts, Inc., (the "Organization") which comprise the statements of financial position as of August 31, 2014 and 2013, and the related statements of activities, functional expenses and cash flows for the years then ended, and the related notes to the financial statements. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditors' Responsibility Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditors' judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditors consider internal control relevant to the Organization's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Organization's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
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Easter Seals Massachusetts, Inc. Page 2
Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Easter Seals Massachusetts, Inc. as of August 31, 2014 and 2013, and the changes in its net assets and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America. Moody, Famiglietti & Andronico, LLP Tewksbury, Massachusetts January 13, 2015
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Statements of Financial Position Easter Seals Massachusetts, Inc.
2014 2013
Assets
Current Assets:Cash 51,936$ 53,078$ Program Fees Receivable, Net of Allowance for Doubtful Accounts
of Approximately $63,800 and $40,800, Respectively 1,705,458 1,119,093 Current Portion of Contributions Receivable 100,674 95,451 Prepaid Expenses 121,318 43,832
Total Current Assets 1,979,386 1,311,454
Contributions Receivable, Net of Current Portion 30,667 18,346 Investments and Endowment 4,597,171 4,124,983 Assets Held for Others 1,185,588 1,292,797 Property and Equipment, Net of Accumulated Depreciation and Amortization 136,167 241,987
Total Assets 7,928,979$ 6,989,567$
Liabilities and Net Assets
Current Liabilities:Line of Credit 1,005,042$ 592,377$ Accounts Payable and Accrued Expenses 619,690 592,378 Current Portion of Pension Benefit Obligation 433,000 258,000 Deferred Revenue 329,244 201,054 Current Portion of Capital Lease Obligation - 2,853
Total Current Liabilities 2,386,976 1,646,662
Note Payable 750,000 750,000 Assets Held for Others 1,185,588 1,292,797 Pension Benefits Obligation, Net of Current Obligation 306,621 721,845 Total Liabilities 4,629,185 4,411,304
Net Assets:Unrestricted:
Available for Operations 1,765,633 1,050,335 Invested in Property and Equipment 136,167 239,134 Board Designated 260,000 260,000
Total Unrestricted 2,161,800 1,549,469
Temporarily Restricted 395,647 294,000 Permanently Restricted 742,347 734,794
Total Net Assets 3,299,794 2,578,263
Total Liabilities and Net Assets 7,928,979 $ 6,989,567 $
August 31
The accompanying notes are an integral part of these financial statements. 3
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Statements of Activities Easter Seals Massachusetts, Inc.
For the Years Ended August 31 2014 2013
Temporarily Permanently Temporarily PermanentlyUnrestricted Restricted Restricted Total Unrestricted Restricted Restricted Total
Revenue and Other Support:Program Fees 10,402,812$ -$ -$ 10,402,812$ 9,030,009$ -$ -$ 9,030,009$ Grants and Contributions 817,597 - - 817,597 867,215 475 - 867,690 Special Events, Net of Direct Costs and Cost of Benefits - -
to Donors of $46,937 and $68,496, Respectively 416,566 - - 416,566 461,307 - - 461,307 In-Kind Contributions 159,525 - - 159,525 107,358 - - 107,358 Legacies and Bequests 64,369 - - 64,369 92,656 - - 92,656 Net Assets Released from Restrictions 25,041 15,975 (41,016) - 14,500 14,876 (29,376) -
Total Revenue and Other Support 11,885,910 15,975 (41,016) 11,860,869 10,573,045 15,351 (29,376) 10,559,020
Expenses:Program Services 9,776,354 - - 9,776,354 8,675,640 - - 8,675,640 General and Administrative 1,245,180 - - 1,245,180 1,252,110 - - 1,252,110 Fundraising 455,100 - - 455,100 509,593 - - 509,593
Total Expenses 11,476,634 - - 11,476,634 10,437,343 - - 10,437,343
Increase (Decrease) in Net Assets from Operations 409,276 15,975 (41,016) 384,235 135,702 15,351 (29,376) 121,677
Non-Operating Revenue and Expenses:Net Unrealized Gains on Investments and Endowment 217,982 60,083 28,374 306,439 183,879 36,163 29,212 249,254 Net Realized Gains on Investments and Endowment 87,028 12,140 12,442 111,610 14,570 5,114 2,048 21,732 Investment Income 58,009 13,449 7,753 79,211 56,782 8,686 6,910 72,378 Change in Pension Benefits Obligation (159,964) - - (159,964) 875,735 - - 875,735
Total Non-Operating Revenues 203,055 85,672 48,569 337,296 1,130,966 49,963 38,170 1,219,099
Increase in Net Assets 612,331 101,647 7,553 721,531 1,266,668 65,314 8,794 1,340,776
Net Assets at Beginning of Year 1,549,469 294,000 734,794 2,578,263 282,801 228,686 726,000 1,237,487
Net Assets at End of Year 2,161,800$ 395,647$ 742,347$ 3,299,794$ 1,549,469$ 294,000$ 734,794$ 2,578,263$
The accompanying notes are an integral part of these financial statements. 4
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Statements of Functional Expenses Easter Seals Massachusetts, Inc.
For the Year Ended August 31 2014
Assistive Other Total General TotalRehabilitation Technology Community Program and Support Total
Services Services Services Services Administrative Fundraising Services Expenses
Personnel and Related Costs:Salaries and Contracted Services 3,216,529$ 1,140,455$ 2,383,537$ 6,740,521$ 731,189$ 301,408$ 1,032,597$ 7,773,118$ Benefits 273,349 121,993 201,720 597,062 67,022 32,685 99,707 696,769 Payroll Taxes 209,936 81,724 176,059 467,719 52,037 21,295 73,332 541,051
Total Payroll and Related Costs 3,699,814 1,344,172 2,761,316 7,805,302 850,248 355,388 1,205,636 9,010,938
Other Operating Costs:Assistance to Individuals - 703,094 255,406 958,500 - - - 958,500 Occupancy 19,234 121,009 124,211 264,454 31,773 32,666 64,439 328,893 Travel and Transportation 53,410 55,949 45,969 155,328 8,546 13,138 21,684 177,012 Advertising and Marketing Materials 765 2,114 141,930 144,809 150 - 150 144,959 Depreciation 1,082 15,165 80,679 96,926 29,235 1,229 30,464 127,390 Professional Fees 2,180 960 32,101 35,241 65,888 5,048 70,936 106,177 Telecommunications 30,583 22,146 20,036 72,765 27,419 5,273 32,692 105,457 Equipment, Software and Repairs 121 32,417 26,221 58,759 24,374 14,451 38,825 97,584 Meetings and Conferences 4,440 13,459 53,055 70,954 6,294 2,886 9,180 80,134 Membership Fees - - 66,213 66,213 - - - 66,213 Postage and Printing 910 2,542 21,792 25,244 17,034 15,717 32,751 57,995 Insurance - - - - 51,603 - 51,603 51,603 Interest - - - - 50,028 - 50,028 50,028 Other Expenses 7,779 5,031 5,004 17,814 7,448 9,062 16,510 34,324 Bank and Other Service Fees - - - - 28,621 242 28,863 28,863 Bad Debt Expense - - - - 25,483 - 25,483 25,483 Recruitment 3,780 - 265 4,045 21,036 - 21,036 25,081
Total Other Operating Costs 124,284 973,886 872,882 1,971,052 394,932 99,712 494,644 2,465,696
Total Expenses 3,824,098$ 2,318,058$ 3,634,198$ 9,776,354$ 1,245,180$ 455,100$ 1,700,280$ 11,476,634$
Program Services Support Services
The accompanying notes are an integral part of these financial statements. 5
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Statements of Functional Expenses (Continued) Easter Seals Massachusetts, Inc.
For the Year Ended August 31 2013
Assistive Other Total General TotalRehabilitation Technology Community Program and Support Total
Services Services Services Services Administrative Fundraising Services Expenses
Personnel and Related Costs:Salaries and Contracted Services 2,952,105$ 1,068,019$ 2,003,075$ 6,023,199$ 698,223$ 340,954$ 1,039,177$ 7,062,376$ Benefits 234,468 113,152 151,567 499,187 121,976 35,014 156,990 656,177 Payroll Taxes 195,030 79,076 149,103 423,209 51,783 25,293 77,076 500,285
Total Payroll and Related Costs 3,381,603 1,260,247 2,303,745 6,945,595 871,982 401,261 1,273,243 8,218,838
Other Operating Costs:Assistance to Individuals - 522,799 217,883 740,682 - - - 740,682 Occupancy 21,080 113,405 139,187 273,672 28,590 23,956 52,546 326,218 Travel and Transportation 69,001 54,165 42,932 166,098 10,940 14,059 24,999 191,097 Advertising and Marketing Materials - 1,565 98,837 100,402 500 1,450 1,950 102,352 Depreciation 1,371 12,021 81,736 95,128 28,501 1,340 29,841 124,969 Professional Fees 2,600 313 29,179 32,092 68,452 22,065 90,517 122,609 Telecommunications 30,159 20,799 20,800 71,758 27,039 5,200 32,239 103,997 Equipment, Software and Repairs 174 36,931 27,665 64,770 40,973 14,194 55,167 119,937 Meetings and Conferences 3,128 19,807 61,741 84,676 4,886 1,880 6,766 91,442 Membership Fees - - 65,000 65,000 - - - 65,000 Postage and Printing 1,014 5,726 17,599 24,339 18,596 14,758 33,354 57,693 Insurance - - - - 47,574 - 47,574 47,574 Interest - - - - 50,171 - 50,171 50,171 Other Expenses 4,930 1,420 5,078 11,428 6,987 8,163 15,150 26,578 Bank and Other Service Fees - - - - 23,999 1,267 25,266 25,266 Recruitment - - - - 22,920 - 22,920 22,920
Total Other Operating Costs 133,457 788,951 807,637 1,730,045 380,128 108,332 488,460 2,218,505
Total Expenses 3,515,060$ 2,049,198$ 3,111,382$ 8,675,640$ 1,252,110$ 509,593$ 1,761,703$ 10,437,343$
Program Services Support Services
The accompanying notes are an integral part of these financial statements. 6
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Statements of Cash Flows Easter Seals Massachusetts, Inc.
For the Years Ended August 31 2014 2013
Cash Flows from Operating Activities:Increase in Net Assets 721,531$ 1,340,776$ Adjustments to Reconcile Increase in Net Assets to
Net Cash (Used in) Provided by Operating Activities:Depreciation 127,390 124,969 Investment and Endowment Income, Non-Cash Portion (79,177) (68,218) Net Realized Gain on Investments and Endowment (111,610) (21,732) Net Unrealized Gain on Investments and Endowment (306,439) (249,254) Change in Pension Benefit Obligation (240,224) (1,119,936) (Increase) Decrease in Program Fees Receivable (586,365) 4,683 Increase in Contributions Receivable (17,544) (1,285) (Increase) Decrease in Prepaid Expenses (77,486) 35,033 Increase in Accounts Payable and Accrued Expenses 27,312 43,947 (Decrease) Increase in Deferred Revenue 128,190 96,062
Net Cash (Used in) Provided by Operating Activities (414,422) 185,045
Cash Flows from Investing Activities:Proceeds from Sales of Investments and Endowment 834,756 696,697 Purchase of Investments and Endowment (809,718) (679,877) Purchase of Property and Equipment (21,570) (46,881)
Net Cash Provided by (Used in) Investing Activities 3,468 (30,061)
Cash Flows from Financing Activities:Net Borrowings (Repayments) on Line of Credit 412,665 (127,741) Repayment of Capital Lease (2,853) (33,631)
Net Cash Provided by (Used in) Financing Activities 409,812 (161,372)
Net Increase (Decrease) in Cash (1,142) (6,388)
Cash, Beginning of Year 53,078 59,466
Cash, End of Year 51,936$ 53,078$
Supplemental Disclosure of Cash Flow Information:
Cash Paid During the Years for Interest 50,028$ 50,171$
The accompanying notes are an integral part of these financial statements. 7
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Notes to the Financial Statements Easter Seals Massachusetts, Inc.
1. Organization and Summary of Significant
Accounting Policies: Reporting Entity: Easter Seals Massachusetts, Inc. (the “Organization”) is a Massachusetts not-for-profit organization that provides services to ensure that children and adults with disabilities have equal opportunities to live, learn, work and play. These services include rehabilitation services, recreational activities, employment and training services, technological assistance, advocacy and public education programs that are provided in communities throughout Massachusetts. In addition, the Organization is the administrator of the Massachusetts Assistive Technology Loan Program (MATLP). The Organization maintains its headquarters in Worcester, Massachusetts, and has technology and training centers in Boston, Massachusetts and New Bedford, Massachusetts. Method of Accounting: The financial statements of the Organization have been prepared using the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (GAAP). Revenue Recognition: Revenues are reported as increases in unrestricted net assets unless the use is limited by donor-imposed restrictions. Expenses are reported as decreases in unrestricted net assets. Program fees include revenue from government contracts and are recorded as the related services are rendered and the associated costs are incurred. Government contracts are subject to audit by the appropriate governmental agency. It is the position of management that the results of such audits, if any, will not have a material effect on the results of operations or the financial position of the Organization as of August 31, 2014 and 2013. Deferred Revenue: Deferred revenue consists of revenues relating to special events which is recorded when the event takes place and is shown net of direct costs of the event and the cost of benefits to donors. Contributions: Contributions, including unconditional promises to give, are recognized as revenues at fair value at the date the promise is received. Conditional promises to give are not recognized until they become unconditional, that is, at the time when the conditions on which they depend are substantially met. Contributions of assets other than cash are recorded at their estimated fair value. Contributions to be
received after one year are discounted at an appropriate discount rate commensurate with the risk involved. Amortization of discount is recorded as additional contribution revenue in accordance with donor-imposed restrictions, if any, on the statements of activities. Contributions received with donor-imposed restrictions that are met in the same year as received are reported as revenues of the unrestricted restricted net asset class. Contributions received with donor-imposed restrictions that are met subsequent to the year in which they are received are reported as revenues of the temporarily restricted net asset class. A reclassification to unrestricted net assets is made to reflect the expiration of such restrictions in the year the restriction is met. Permanently restricted contributions are recorded as permanently restricted revenue at fair value at the date the promise is received. Revenue from legacies and bequests is recognized upon receipt, unless advance notice of the Organization's unconditional right to receive the legacy or bequest is received and the fair value of the contribution is determinable, in which case the revenue is recognized upon notice. Donated services are recognized as revenue when the services received create or enhance non-financial assets or require specialized skills that would typically need to be purchased if not provided by donation. Donated assets are recognized as revenue when the asset is unconditionally pledged and the fair value of the asset received is determinable. Substantial numbers of volunteers have donated significant amounts of their time to the Organization. However, the financial statements do not include amounts for these donated services as there is no objective basis to measure the value of such services and these services are not specialized as defined accordance with GAAP. Allocation of Expenses: Expenses related directly to a specific program are charged to that program while other general program expenses are allocated to individual programs based upon management’s estimate of the percentage attributable to each program. Fundraising costs are not allocated.
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Notes to the Financial Statements (Continued) Easter Seals Massachusetts, Inc.
1. Organization and Summary of Significant
Accounting Policies (Continued): Fair Value: The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described as follows: Level 1 - Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets that the Organization has the ability to access. Level 2 - Inputs to the valuation methodology include: • Quoted prices for similar assets or liabilities in
active markets; • Quoted prices for identical or similar assets or
liabilities in inactive markets; • Inputs other than quoted prices that are
observable for the asset or liability; and • Inputs that are derived principally from or
corroborated by observable market data by correlation or other means.
If the asset or liability has a specified (contractual) term, the Level 2 input must be observable for substantially the full term of the asset or liability. Level 3 - Inputs to the valuation methodology are unobservable and significant to the fair value measurement. The asset’s or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs. Classification and Reporting of Net Assets: The Organization reports information regarding its financial position and activities according to three
classes of net assets: unrestricted net assets, temporarily restricted net assets and permanently restricted net assets. A description of the three net asset classes follows: • Unrestricted net assets represent the portion of
the Organization’s net assets that are neither permanently restricted nor temporarily restricted by donor-imposed stipulations. Unrestricted net assets include expendable funds available for support of the Organization, as well as funds invested in property and equipment. The Organization further subdivides this classification into Board-designated net assets, which have been designated by Board action for specific purposes.
• Temporarily restricted net assets represent
contributions and other inflows of assets whose use by the Organization is limited by donor-imposed stipulations that either expire by passage of time or can be fulfilled and removed by actions of the Organization pursuant to those stipulations.
• Permanently restricted net assets represent
contributions and other inflows of assets whose use by the Organization is limited by donor-imposed stipulations that neither expire by passage of time nor can be fulfilled or otherwise removed by actions of the Organization.
Cash: The Organization maintains its bank account with the same institution with which it has a line of credit. Accordingly, all available cash balances are automatically applied against the outstanding balance on the line of credit at the end of each business day. As such, any cash balance in the Organization's bank account has been offset against the line of credit balance as of August 31, 2014 and 2013. Cash in the accompanying statements of financial position consists of cash on hand and cash relating to a specific program that, in accordance with the programs contract, is maintained in a segregated account. Investments, Endowment and Investment Income: The Organization’s realized gains and losses are recorded on the trade date based on the average cost method for mutual funds and the specific cost method for all other securities. Unrealized gains and losses are recorded based on the fair market value of investments.
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Notes to the Financial Statements (Continued) Easter Seals Massachusetts, Inc.
1. Organization and Summary of Significant
Accounting Policies (Continued): The Organization’s investments are reported at fair value at the statements of financial position date. Realized and unrealized gains and losses are reflected in the accompanying statements of activities. Investment income or loss (including realized and unrealized gains and losses on investments, interest and dividends) is included in unrestricted net assets unless the income or loss is restricted by donor or law. The Organization allocates investment income in accordance with donor restrictions and Massachusetts law including the provisions of the Uniform Prudent Management of Institutional Funds Act (UPMIFA). UPMIFA requires the investment of endowments in good faith and with the care that an ordinarily prudent person in a like position would exercise under similar circumstances. It requires prudence in incurring investment costs, authorizing only costs that are appropriate and reasonable. Factors to be considered in investing are expanded to include, for example, the effects of inflation. UPMIFA emphasizes that investment decisions be made in relation to the overall resources of the Organization. The assets of the General Endowment Fund, the Easter Seals Assistive Technology Endowment Fund, the Elmer C. Bartels/Easter Seals Massachusetts Camp Scholarship Fund and the Matthew V. Joslin Fund for Unmet Needs are maintained in separate investment portfolios. Unrestricted investments and the assets of the Richard A. LaPierre Pioneer Fund are maintained in pooled investment accounts. Investment income consists of interest and dividends and is presented net of investment advisory fees of $26,438 and $23,741 for the years ended August 31, 2014 and 2013, respectively. Interest income is recorded as earned and dividend income is recorded on the ex-dividend date. Endowment: The endowments include those net assets of donor-restricted funds that the Organization must hold in perpetuity or for a donor-specified period. The Organization’s endowment consists of the General Endowment Fund, the Richard A. LaPierre Pioneer Fund (Pioneer Fund) and the Easter Seals Assistive Technology Endowment Fund which supports the Organization’s assistive technology program. The
endowment funds include only donor-restricted funds, as no funds have been designated by the Board of Directors to function as endowments. Net assets associated with endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions. Concentrations of Credit Risk: Financial instruments that potentially subject the Organization to credit risk consist primarily of cash, investments and endowment, and program fees and contributions receivable. The Organization maintains its cash and investments and endowment with a high-credit quality financial institution. From time to time, the bank balance of the Organization’s cash may exceed Federal deposit insurance limits. However the Organization has not experienced any losses in this area and management believes its cash deposit is not subject to significant risk. Program fees and contributions receivable are carried at the outstanding principal balance, less an estimate made for doubtful receivables, if any. Management determines the allowance for doubtful accounts by identifying troubled receivables and by using historical experience and assessment of credit worthiness. Receivables are written off when deemed uncollectible. Recoveries of receivables previously written off are recorded when received. The Organization derives significant revenue from the Commonwealth of Massachusetts. During the years ended August 31, 2014 and 2013, this revenue represented approximately 26% and 24%, respectively, of the Organization’s total program fees. The Commonwealth of Massachusetts also represented approximately 39% and 29% of program fees receivable as of August 31, 2014 and 2013, respectively. Property and Equipment: Property and equipment acquisitions are recorded at cost, if purchased, or at fair market value at the time of donation, if donated. Other assets, consisting of a work of art and software in development which is not yet placed in service are not being depreciated. Depreciation is computed using the straight-line method over the following estimated useful lives of the related assets as follows: Furniture and Equipment 3-10 Years Buildings and Improvements 10-25 Years
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Notes to the Financial Statements (Continued) Easter Seals Massachusetts, Inc.
1. Organization and Summary of Significant
Accounting Policies (Continued): Pension Plan: The Organization sponsors a noncontributory defined benefit pension plan. The Organization's policy is to fund the required contribution necessary to meet the present and future obligations of the plan. Income Taxes: The Organization is a nonprofit organization as described in Section 501(c)(3) of the Internal Revenue Code and is exempt from federal and state income taxes. As a result, no provision for income taxes is presented in these financial statements. However, in certain circumstances, the Organization may be subject to federal and state income taxes for profits generated from unrelated trade or business income. As of August 31, 2014 and 2013, management has determined that the Organization does not have any liabilities associated with unrelated trade or business income. The Organization assesses the recording of uncertain tax positions by evaluating the minimum recognition threshold and measurement requirements a tax position must meet before being recognized as a benefit in the financial statements. The Organization has not recognized any liabilities for uncertain tax positions or unrecognized benefits as of August 31, 2014 and 2013. The Organization does not expect any material change in uncertain tax benefits within the next twelve months. As of August 31, 2014 and 2013, the Organization is not currently under examination by any taxing authorities and is generally open to examination for three years from the date of filing. Operating Measure: The Organization has defined the change in net assets from operations to include all support, revenue and expenses, except for investment income, related realized and unrealized gains and losses, changes in pension benefits obligation and any gains or losses resulting from unusual or infrequent transactions.
Advertising and Promotional Costs: The Organization expenses advertising and promotional costs as incurred. During the years ended August 31, 2014 and 2013, the Organization incurred advertising expense in the amounts of $13,970 and $8,099, respectively. During the years ended August 31, 2014 and 2013, the Organization also received donated advertising in the amounts of $130,989 and $92,303, respectively. Use of Estimates: Management has used estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities in its preparation of the financial statements in accordance with GAAP. Actual results experienced by the Organization may differ from those estimates. Reclassification: Certain accounts in the August 31, 2013 financial statements have been reclassified for comparative purposes to conform to the presentation in the August 31, 2014 financial statements. Subsequent Events: Management has evaluated subsequent events spanning the period from August 31, 2014 through January 13, 2015, the latter representing the issuance date of these financial statements. 2. Investments and Endowment: Investments and endowment as of August 31, 2014 and 2013 are stated at fair value and consist of the following:
2014 2013
Equity Securities 2,397,961$ 2,092,431$ Fixed Income 1,128,672 1,071,376 Mutual Funds 859,904 779,042 Alternative Investments 107,995 104,811 Brokerage Cash 102,639 77,323
4,597,171$ 4,124,983$
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Notes to the Financial Statements (Continued) Easter Seals Massachusetts, Inc.
2. Investments and Endowment (Continued): The change in the endowment balance by net asset classification for the years ended August 31, 2014 and 2013 consists of the following:
Temporarily PermanentlyUnrestricted Restricted Restricted Total
Endowment, Beginning of Year 22,484$ 218,092$ 734,794$ 975,370$ Investment Returns: Interest and Dividend Income 17,944 19,612 20,195 57,751 Net Appreciation - 53,771 28,374 82,145 Appropriation of Endowment for Expenditure - (22,000) - (22,000) Total Investment Returns 17,944 51,383 48,569 117,896
Reclassification of Appreciation in Excess of Constant Dollar Valuation - 41,016 (41,016) -
Endowment, End of Year 40,428$ 310,491$ 742,347$ 1,093,266$
Temporarily PermanentlyUnrestricted Restricted Restricted Total
Endowment, Beginning of Year 16,573$ 159,730$ 726,000$ 902,303$ Investment Returns: Interest and Dividend Income 5,911 1,005 6,910 13,826 Net Appreciation - 42,481 31,260 73,741 Appropriation of Endowment for Expenditure - (14,500) - (14,500) Total Investment Returns 5,911 28,986 38,170 73,067
Reclassification of Appreciation in Excess of Constant Dollar Valuation - 29,376 (29,376) -
Endowment, End of Year 22,484$ 218,092$ 734,794$ 975,370$
2014
2013
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Notes to the Financial Statements (Continued) Easter Seals Massachusetts, Inc.
2. Investments and Endowment (Continued): Interpretation of Relevant Law: Management of the Organization has interpreted UPMIFA as requiring the preservation of the fair value of the original gift, as of the gift date, of donor-restricted endowment funds absent explicit donor stipulations to the contrary. As a result of this interpretation permanently restricted net assets include: (a) the original value of gifts donated to establish a permanent endowment, (b) the original value of subsequent gifts to the permanent endowment, and (c) accumulations to the permanent endowment made in accordance with the direction of the applicable donor gift instrument at the time the accumulation is added to the fund. The remaining portion of donor-restricted endowment funds that is not classified in permanently restricted net assets is classified as temporarily restricted net assets until those amounts are appropriated for expenditure by the Organization in a manner consistent with the standard of prudence prescribed by UPMIFA. In accordance with UPMIFA, the Organization considers the following factors in making a determination to appropriate or accumulate donor-restricted endowment funds: • Duration and preservation of the fund
• Purposes of the Organization and the donor-restricted endowment fund
• General economic conditions
• Possible effects of inflation and deflation
• Expected total return from income and the appreciation of investments
• Organization's other resources
• Organization's investment policies
Funds with Deficiencies: From time to time the fair value of assets associated with individual donor-restricted endowment funds may fall below the level that the donor or UPMIFA requires in order to maintain the perpetual duration of the fund. Deficiencies of this nature are reported in unrestricted net assets and generally result from unfavorable market fluctuations. There were no deficiencies of this type as of August 31, 2014 and 2013. Return Objectives and Risk Parameters: The Organization has adopted an investment policy for its endowment investments that attempts to provide a predictable stream of funding to programs supported by its endowment. This investment policy is continuously monitored by the Organization’s Investment Committee. To satisfy its long-term rate-of-return objectives, the investment policy relies on a total return strategy in which investment returns are achieved through both capital appreciation (realized and unrealized) and current yield (interest and dividends). The investment policy targets a diversified asset allocation that places a greater emphasis on equity-based investments, including mutual funds, to achieve its long-term return objectives within prudent risk constraints. Spending Policy: The donors have specified that up to fifty percent of the income and appreciation on the Easter Seals Assistive Technology Endowment Fund may be used for operations. The donors to the Pioneer Fund have specified that income and appreciation may be spent to the extent that the Organization preserves the value of the original donations in constant dollars. In accordance with management’s goal of building the value of the General Endowment Fund, none of the Fund’s accumulated appreciation or earnings have been appropriated for expenditure.
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Notes to the Financial Statements (Continued) Easter Seals Massachusetts, Inc.
3. Fair Value: Investments and endowment and pension liabilities which are measured at fair value as of August 31, 2014 and 2013 are as follows:
Quoted Pricesin Active Markets Significant Significant
for Identical Assets Other Observable Unobservableor Liabilities Inputs Inputs
Totals (Level 1) (Level 2) (Level 3)
Brokerage Cash 102,639$ 102,639$ -$ -$
Equity Securities:Consumer Sector 607,786 607,786 - - Information Technology Sector 471,402 471,402 - - Industrials Sector 315,461 315,461 - - Health Care Sector 370,904 370,904 - - Energy Sector 256,069 256,069 - - Financial Sector 248,532 248,532 - - Materials Sector 83,335 83,335 - - Telecommunications Sector 44,472 44,472 - -
Total Equity Securities 2,397,961 2,397,961 - -
Fixed Income:Domestic Corporate Bonds 811,626 - 811,626 - US Government Agency Bonds 181,371 - 181,371 - US Government Bonds 135,675 - 135,675 -
Total Fixed Income 1,128,672 - 1,128,672 -
Other Investments:Mutual Funds - Moderate Allocation 291,093 291,093 - - Mutual Funds - Balanced Index Funds 289,555 289,555 - - Mutual Funds - Other 279,256 279,256 - - Alternative Investments 107,995 - - 107,995
Total Other Investments 967,899 859,904 - 107,995
Total Investments and Endowments 4,597,171$ 3,360,504$ 1,128,672$ 107,995$
Total Pension Liabilities 739,621$ -$ 739,621$ -$
2014Fair Value Measurements at Reporting Date Using
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Notes to the Financial Statements (Continued) Easter Seals Massachusetts, Inc.
3. Fair Value (Continued):
Quoted Pricesin Active Markets Significant Significant
for Identical Assets Other Observable Unobservableor Liabilities Inputs Inputs
Totals (Level 1) (Level 2) (Level 3)
Brokerage Cash 77,323$ 77,323$ -$ -$
Equity Securities:Consumer Sector 642,993 642,993 - - Information Technology Sector 291,895 291,895 - - Industrials Sector 298,581 298,581 - - Health Care Sector 250,310 250,310 - - Energy Sector 252,807 252,807 - - Financial Sector 226,188 226,188 - - Materials Sector 69,704 69,704 - - Telecommunications Sector 59,953 59,953 - -
Total Equity Securities 2,092,431 2,092,431 - -
Fixed Income:Domestic Corporate Bonds 670,030 - 670,030 - US Government Agency Bonds 235,992 - 235,992 - US Government Bonds 165,354 - 165,354 -
Total Fixed Income 1,071,376 - 1,071,376 -
Other Investments:Mutual Funds - Moderate Allocation 245,312 245,312 - - Mutual Funds - Balanced Index Funds 266,970 266,970 - - Mutual Funds - Other 266,760 266,760 - - Alternative Investments 104,811 - - 104,811
Total Other Investments 883,853 779,042 - 104,811
Total Investments and Endowments 4,124,983$ 2,948,796$ 1,071,376$ 104,811$
Total Pension Liabilities 979,845$ -$ 979,845$ -$
2013Fair Value Measurements at Reporting Date Using
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Notes to the Financial Statements (Continued) Easter Seals Massachusetts, Inc.
3. Fair Value (Continued): Realized and unrealized gains based on fair value measurements using significant unobservable (Level 3) inputs for the years ended August 31, 2014 and 2013 were related to alternative investments. The Organization's fair value measurement activity using significant unobservable inputs, and associated realized and unrealized gains on assets held as of August 31, 2014 and 2013 were as follows:
2014
Beginning Balance 104,811$ Total Unrealized Gains Included in Earnings 3,184
Ending Balance 107,995$
2013
Beginning Balance 101,250$ Total Unrealized Gains Included in Earnings 3,561
Ending Balance 104,811$
Investments are exposed to various risks such as interest rate, credit, and overall market volatility. As such, it is reasonably possible that changes in the values of investments will occur in the near term. These changes could materially affect the amounts reported in the statements of financial position and activities and the Organization’s changes in net assets. The Organization's Level 3 financial assets are measured at the fair value of those financial assets based on the net average value (NAV) of those assets. Absent the development of quantitative unobservable inputs by the Organization, the pricing for these assets is based on third-party pricing information, without adjustment by the Organization. The investment strategy relating to the Organization's investment in the Advantage Advisers Xanthus Fund, LLC (the "Fund") utilizing Level 3 inputs is to achieve maximum capital appreciation. To do this, the Fund invests in a portfolio consisting generally of U.S. and foreign companies that its investment advisors believe are well positioned to benefit from demand for their products or services, particularly companies that can innovate or grow rapidly relative to their peers in the market.
4. Contributions Receivable: Contributions receivable as of August 31, 2014 and 2013 are expected to be collected as follows:
2014 2013
In One Year or Less 102,995$ 95,451$ Between One and
Four Years 30,000 20,000 132,995 115,451
Less Discount 1,654 1,654
Total Contributions Receivable 131,341$ 113,797$
The long-term contributions receivable were discounted using an interest rate of 2.98% and 3.31% as of August 31, 2014 and 2013, respectively. 5. Property and Equipment: Property and equipment as of August 31, 2014 and 2013 consists of the following:
2014 2013
Furniture and Fixtures 812,800$ 791,230$ Building and Improvements 636,355 636,355 Other Assets 11,715 11,715 Software in Development 6,413 6,413
1,467,283 1,445,713
Less: AccumulatedDepreciation 1,331,116 1,203,726
136,167$ 241,987$
Depreciation expense for the years ended August 31, 2014 and 2013 amounted to $127,390 and $124,969, respectively.
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Notes to the Financial Statements (Continued) Easter Seals Massachusetts, Inc.
6. Line of Credit: The Organization maintains a $1,750,000 secured revolving line of credit with a bank, which is in effect until terminated by the bank or the Organization. Interest on borrowings is payable monthly and is based at the bank’s corporate base lending rate (3.25% at August 31, 2014). Principal is due on demand and the line is secured by the unrestricted investments of the Organization which amounted to $3,470,530 and $3,085,926 as of August 31, 2014 and 2013, respectively. As of August 31, 2014 and 2013, the line of credit secures a letter of credit issued for the Commonwealth of Massachusetts Division of Professional Licensure in the amount of $5,000. 7. Note Payable: The Organization has an original $1,000,000 note payable agreement maturing in April 2017. Through April 2014, interest on this note is payable monthly at the bank’s corporate base rate less 0.50% or the Federal Home Loan Bank’s 12 Month Regular Classic Advance Rate plus 2.00% as determined annually by the Organization. As of April 2014, interest on this note will be payable at the banks corporate rate less 0.50%. The interest rate on the note was 2.75% and 2.37% as of August 31, 2014 and 2013, respectively. The principal is due at maturity or may be paid early without penalty. The note is secured by the unrestricted investments of the Organization which amounted to $3,470,530 and $3,085,926 as of August 31, 2014 and 2013, respectively. In prior years, the Organization repaid $250,000 resulting in an outstanding balance in the amount of $750,000 as of August 31, 2014 and 2013. 8. Assets Held for Others: The (MATLP) Massachusetts Assistive Technology Loan Program helps people with disabilities apply for and obtain low interest bank loans for assistive technology devices and services. The MATLP was established in 2004 with a combination of federal and state funding and is governed by the Massachusetts Assistive Technology Loan Program Committee (the
“Committee”), a group comprised of fifteen (15) members who were initially appointed jointly by the Organization and the Massachusetts Rehabilitation Commission. Remaining members of the Committee now appoint individuals to fill any vacancies on the Committee. As of August 31, 2014 and 2013, one (1) and two (2) members of the Committee were current or former members of the Organization’s Board of Directors, respectively. The Committee has contracted with the Organization to provide daily program management and operation under the guidance of the Committee and to serve as custodian of the assets that support the MATLP. The Organization’s responsibilities under the contract include staffing, budget preparation and maintenance as directed by the Committee, direct services to clients and bank liaisons, preparation of monthly and annual reports for the Committee and various other agencies and committees and oversight of the assets which support the MATLP. The contract remains in effect until otherwise modified and may be terminated by either the Organization or the Committee upon ninety (90) days written notice. The MATLP assets are maintained in an investment portfolio that is separate from the Organization’s investments. Since these assets are not the property of the Organization, they do not serve as collateral for the Organization’s debt. They are shown as assets held for others with a corresponding liability of an equal amount in the amounts of $1,185,588 and $1,292,797 in the accompanying statements of financial position as of August 31, 2014 and 2013, respectively. The Organization is reimbursed for expenses incurred on behalf of the MATLP and receives a management fee based on a percentage of actual operating expenses incurred in the administration of the MATLP as compensation. The amount earned by the Organization was $228,313 and $255,502 for the years ended August 31, 2014 and 2013, respectively. These revenues are included in program fees in the accompanying statements of activities. The Organization owed the MATLP $13,763 under this agreement as of August 31, 2013.
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Notes to the Financial Statements (Continued) Easter Seals Massachusetts, Inc.
9. Temporarily Restricted Net Assets: Temporarily restricted net assets as of August 31, 2014 and 2013 consist of the following:
2014 2013
Accumulated Unspent Appreciation:
Richard A. LaPierre Pioneer Fund 133,641$ 82,417$
Assistive TechnologyEndowment Fund 109,555 86,970
General Endowment Fund 67,297 48,705
Total AccumulatedUnspent Appreciation 310,493 218,092
Elmer C. Bartles/Easter SealsMassachusetts CampScholarship Fund 41,059 36,246
Matthew V. Joslin Fund for Unmet Needs 41,848 37,415
Other Purpose Restricted 2,247 2,247
395,647$ 294,000$
The donors have specified that five percent of the average value of both the Elmer C. Bartels/Easter Seals Massachusetts Camp Scholarship Fund and the Matthew V. Joslin Fund for Unmet Needs at the end of each month of the preceding fiscal year shall be made available for distribution. During the years ended August 31, 2014 and 2013, $1,577 and $1,443, respectively, was distributed from the Elmer C. Bartels/Easter Seals Massachusetts Camp Scholarship Fund and $1,464 and $1,352, respectively, was distributed from the Matthew V. Joslin Fund for Unmet Needs. 10. Permanently Restricted Net Assets: Permanently restricted net assets as of August 31, 2014 and 2013 consist of the following:
2014 2013
Richard A. LaPierre Pioneer Fund 451,909$ 444,356$
Easter Seals AssistiveTechnology Endowment Fund 180,000 180,000
General Endowment Fund 110,438 110,438
742,347$ 734,794$
The donors have specified that income and appreciation on the Pioneer Fund may be spent to the extent that the Organization preserves the value of the original donations in constant dollars. Management estimates the constant dollar value based on changes in the United States Department of Labor Bureau of Statistics Consumer Price Index-All Urban Consumers (CPI-U). The entire constant dollar value of the Pioneer Fund has been classified as permanently restricted. Any additional amounts have been classified as temporarily restricted. The donors have specified that up to fifty percent of the income and appreciation on the Easter Seals Assistive Technology Endowment Fund may be used for operations during the year. The Organization used $22,000 and $14,500 to fund operations during the years ended August 31, 2014 and 2013, respectively. 11. In-Kind Contributions: In-kind contributions for the years ended August 31, 2014 and 2013 consist of the following:
2014 2013Radio and Television
Advertising 130,989$ 92,303$ Materials 13,990 - Hardware and Software 9,546 15,055 Professional Services 5,000 -
159,525$ 107,358$
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Notes to the Financial Statements (Continued) Easter Seals Massachusetts, Inc.
12. Lease Agreements: Capital Lease Obligation: The Organization leased certain equipment through a capital lease. Provisions of the lease required 36 monthly payments of $2,860. The lease had a stated interest rate of zero, but in accordance with accounting guidance an interest rate of 3.25% had been imputed. Monthly payments cover both the cost of the equipment and maintenance agreements. As of August 31, 2014 the capital lease was paid in full and expired. Operating Lease Obligations: The Organization leases its Technology and Training Centers in Boston and New Bedford and certain equipment under operating lease agreements that expire at various dates through 2018. The Technology and Training Center in Boston is leased under an operating lease expiring on August 31, 2018. This lease requires the Organization to maintain certain insurance coverage, and pay its proportionate share of operating expenses. The Technology Center in New Bedford is leased under an operating lease expiring on August 31, 2018. This lease requires the Organization to maintain certain insurance coverage. Rent expense for facilities for the years ended August 31, 2014 and 2013, was $200,390 and $198,059, respectively, and is included in occupancy in the accompanying statements of functional expenses. Rent expense for equipment was $3,981 and $5,157 for the years ended August 31, 2014 and 2013, respectively, and is included in equipment, software and repairs in the accompanying statements of functional expenses. Future minimum lease payments due under these noncancelable operating lease obligations as of August 31, 2014 are as follows:
Year EndingAugust 31,
2015 191,4642016 191,0942017 191,0202018 191,020
764,598
13. Retirement Plans: The Organization offers a defined benefit pension plan (the "Plan"). Benefits under the Plan are based on certain service requirements and were frozen as of October 1, 2002. Benefits earned up until October 1, 2002 were based on years of service and amount of compensation. The Organization's Plan has fewer than 500 participants and, therefore, the Plan will not to be subject to the "at risk" funding requirements under the Pension Protection Act (PPA). The Organization's Plan is 91% and 87% funded as of August 31, 2014 and 2013, respectively. Benefit Obligation and Funded Status: A summary of changes in the benefit obligation, Plan assets and funded status for the years ended August 31, 2014 and 2013 is as follows:
2014 2013
Change in Benefit Obligation:Projected Benefit Obligation, Beginning of Year 7,517,461$ 8,266,609$ Interest Cost 348,790 320,518 Benefits Disbursed (441,148) (428,540)Actuarial (Gains) Losses 575,487 (641,126)Projected Benefit Obligation, End of Year 8,000,590 7,517,461
Change in Plan Assets:Fair Value of Plan Assets, Beginning of Year 6,537,616 6,166,828 Actual Return on Plan Assets 804,714 541,328 Employer Contributions 359,787 258,000 Benefits Disbursed Plus Actual Expenses (441,148) (428,540)Fair Value of Plan Assets, End of Year 7,260,969 6,537,616
Unfunded Status, End of Year 739,621$ 979,845$
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Notes to the Financial Statements (Continued) Easter Seals Massachusetts, Inc.
13. Retirement Plans (Continued): The following tables summarize the Plan's funded status and amounts recognized in the Organization statements of financial position as of August 31, 2014 and 2013:
2014 2013
Projected Benefit Obligation 8,000,590$ 7,517,461$ Fair Value of Plan Assets 7,260,969 6,537,616
Unfunded Status 739,621$ 979,845$
Accrued Benefit Obligation Recognized in the Statements of Financial Position 739,621$ 979,845$
Net Periodic Benefit Costs (15,859)$ 13,799$ Employer Contributions 359,787 258,000 Benefits Paid (441,148) (428,540) Accumulated Benefit Obligation 8,000,590 7,517,461
Weighted-average assumptions used in determining the benefit obligation and the net period benefit cost as of August 31, 2014 and 2013 were as follows: Discount Rate 4.75% 4.00%Expected Long-Term Return
on Plan Assets 7.00% 7.00%Rate of Compensation
Increase N/A N/A
The expected long-term rate of return on Plan assets was determined based on the average rate of earnings expected to be earned on the current and target asset allocations. The Organization expects to contribute $433,000 to the pension plan for the year ending August 31, 2015. The following benefit payments, as appropriate, are expected to be paid over the next ten years:
Year EndingAugust 31,
2015 466,000$ 2016 458,000 2017 467,000 2018 475,000 2019 538,000
2020 - 2024 2,622,000
5,026,000$
Plan funding is actuarially determined and is subject to certain tax law limitations. Substantially all Plan assets are actively managed. Target allocation percentages and the weighted-average asset allocations for each major category of Plan assets as of August 31, 2014 and 2013 are as follows:
WeightedAllocation Average Asset
Target Allocation
Equity Investments 60.00% 48.00%Fixed Income 40.00% 52.00%
Total 100.00% 100.00%
WeightedAllocation Average Asset
Target Allocation
Equity Investments 60.00% 59.00%Fixed Income 40.00% 41.00%
Total 100.00% 100.00%
2013
2014
The investment strategy for Plan assets is to utilize a diversified mix of equity and fixed income investments, to earn a long-term investment return that meets the Organization’s pension plan obligations. Active management strategies are utilized within the Plan in an effort to realize investment returns in excess of market indices.
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Notes to the Financial Statements (Continued) Easter Seals Massachusetts, Inc.
13. Retirement Plans (Continued): To arrive at the targeted asset allocation, the Organization and its investment adviser reviewed market opportunities using historic and statistical data, as well as the actuarial valuation report for the Plan, to ensure that the levels of acceptable return and risk are well-defined and monitored. Currently, the Organization's management believes that there are no significant concentrations of risk associated with the Plan assets. The Organization's pension cost is affected by the discount rate used to measure pension obligations, the level of Plan assets available to fund those obligations at the measurement date and the expected long-term rate of return on Plan assets. The Organization reviews the assumptions used to measure pension costs, including the discount rate and the expected long-term rate of return on pension assets, on an annual basis. Economic and market conditions at the measurement date impact these assumptions from year to year and it is reasonably possible that material changes in pension cost may be experienced in the future. Establishing the expected future rate of investment return on the Plan's pension assets is a judgmental matter. The Organization considers the following factors in determining this assumption: • the duration of the pension plan liabilities, which
drives the investment strategy employed with respect to Plan assets;
• the types of investment classes in which Plan
assets are invested, and the expected compound return that can reasonably be expected of those
investment classes to earn over the next 10 to 15-year time period (or such other time period that may be appropriate);
• the investment returns the Plan can reasonably
expect its active investment management program to achieve in excess of the return that could be expected if investments were made strictly in indexed funds.
The Organization reviews the expected long-term rate of return on an annual basis and revises it as appropriate. Also, the Organization relies on detailed asset/liability studies performed by third-party professional investment advisors and actuaries. These studies project the Organization’s estimated future pension payments and evaluate the efficiency of the allocation of the Organization’s Plan assets into various investment categories. The study performed for 2013 supported the reasonableness of the Organization’s 7.00% return assumption used for 2014 based on its liability duration and market conditions at the time this assumption was set. The Organization believes that these assumptions are appropriate based upon the mix of the investments and the long-term nature of the Plan’s investments. Net periodic pension benefit cost includes the following components for the years ended August 31:
2014 2013
Interest Cost 348,790$ 320,518$ Amortization of Deferred
Asset Gain 81,582 113,263 Expected Return on
Plan Assets (446,231) (419,982) Net Periodic Benefit (Income) Cost (15,859)$ 13,799$
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Notes to the Financial Statements (Continued) Easter Seals Massachusetts, Inc.
13. Retirement Plans (Continued): The following table presents information about the Plan assets and liabilities measured at fair value as of August 31, 2014 and 2013, aggregated by the level in the fair value hierarchy within which those measurements fall:
Quoted Pricesin Active Markets Significant Significant
for Identical Assets Other Observable Unobservableor Liabilities Inputs Inputs
Totals (Level 1) (Level 2) (Level 3)
Cash 217,469$ 217,469$ -$ -$ Equity Securities:
U.S. Large Cap 3,099,316 3,099,316 - - Mutual Funds:
Fixed Income Investment Grade 2,874,223 2,874,223 - - Non-U.S. Large Cap 825,428 825,428 - - U.S. Small Cap 244,533 244,533 - -
Total Plan Assets 7,260,969$ 7,260,969$ -$ -$
Total Pension Liabilities 739,621$ -$ 739,621$ -$
Quoted Pricesin Active Markets Significant Significant
for Identical Assets Other Observable Unobservableor Liabilities Inputs Inputs
Totals (Level 1) (Level 2) (Level 3)
Cash 216,754$ 216,754$ -$ -$ Equity Securities:
U.S. Large Cap 3,093,524 3,093,524 - - Mutual Funds:
Fixed Income Investment Grade 2,453,718 2,453,718 - - Non-U.S. Large Cap 537,436 537,436 - - U.S. Small Cap 236,184 236,184 - -
Total Plan Assets 6,537,616$ 6,537,616$ -$ -$
Total Pension Liabilities 979,845$ -$ 979,845$ -$
2014Fair Value Measurements at Reporting Date Using
2013Fair Value Measurements at Reporting Date Using
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Notes to the Financial Statements (Continued) Easter Seals Massachusetts, Inc.
13. Retirement Plans (Continued): The fair value of equity securities is based on publicly-quoted final stock and bond values on the last business day of the year. Investments in mutual funds are based on the publicly-quoted final net asset values on the last business day of the year. The fair value of cash accounts approximates the carrying value as of the date of the statements of financial position, due to the short-term maturities of these assets. The fair value of the pension liability was determined by a third-party professional investment advisor and actuary. The Company relies on detailed asset/liability studies performed by theses parties. These studies project the Company’s estimated future pension payments and evaluate the efficiency of the allocation of the Company’s Plan assets into various investments categories. The valuation methodology uses observable inputs in calculating fair value. Defined Contribution Plan: The Organization sponsors a defined contribution plan covering substantially all of its employees who meet certain eligibility requirements. The Organization may make contributions to the plan as periodically determined. During the years ended August 31, 2014 and 2013, the Organization did not make any discretionary matching contributions to the plan.
14. Related Party Transactions: The Organization is an affiliate of and pays membership fees to Easter Seals, Inc. (National) in return for the exclusive rights to the Easter Seals name in Massachusetts. These fees amounted to $65,000 for each of the years ended August 31, 2014 and 2013. In addition, the Organization paid National $1,213 and $4,600 for other materials and services for each of the years ended August 31, 2014 and 2013, respectively. The Organization had no amounts due to National as of August 31, 2014 and 2013. 15. Indemnifications: In the ordinary course of business, the Organization enters into various agreements containing standard indemnification provisions. The Organization's indemnification obligations under such provisions are typically in effect from the date of execution of the applicable agreement through the end of the applicable statute of limitations. The aggregate maximum potential future liability of the Organization under such indemnification provisions is uncertain. As of August 31, 2014 and 2013, no amounts have been accrued related to such indemnification provisions.
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1 Highwood Drive | Tewksbury, MA 01876
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