MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC Charity Report

Public IRS 990 nonprofit record

MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC

EIN 04-2227431 · Adoption (P31)

What they do

THE MASSACHUSETTS ADOPTION RESOURCE EXCHANGE EXISTS to FIND "A PERMANENT PLACE to CALL HOME" for CHILDREN IN FOSTER CARE IN MASSACHUSETTS, INCLUDING SIBLING GROUPS and CHILDREN WHO ARE TRADITIONALLY HARDER to PLACE. WE DO THIS BY RECRUITING, EDUCATING, SUPPORTING and ADVOCATING for FAMILIES THROUGHOUT THE ADOPTION PROCESS WHILE TARGETING RECRUITMENT EFFORTS to ATTRACT POTENTIAL PARENTS for SPECIFIC CHILDREN. WE ARE THE COMMONWEALTHS CENTRAL CLEARING HOUSE for ADOPTION INFORMATION and REFERRAL, and WE WORK to IDENTIFY MATCHES BETWEEN CHILDREN and FAMILIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

78.76%of revenue went to mission work82.6% of expenses · Program services

7.79%of revenue went to fundraising8.2% of expenses

$95.40spent for every $100 of revenueRevenue covered expenses this year.

8.85%of revenue went to management and office costs9.3% of expenses

$0.58in assets for every $1 spent this yearSome assets cannot be spent right away.

51.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $141,291 for BRIDGET K CHIARUTTINI (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,192,526

Mission workProgram services$1,726,91878.76% of revenue82.6% of expenses

ManagementOffice and general costs$193,9818.85% of revenue9.3% of expenses

FundraisingAsking for donations$170,8407.79% of revenue8.2% of expenses

Revenue left after expensesReported annual surplus$100,7874.60% of revenueShown in gray on the chart

Total expenses$2,091,73995.40% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 82.6% mission · 9.3% management · 8.2% fundraisingTotal expenses: 95.40% of revenue

2023Expense mix: 82.2% mission · 9.5% management · 8.2% fundraisingTotal expenses: 100.55% of revenue

2022Expense mix: 83.1% mission · 9.8% management · 7.1% fundraisingTotal expenses: 102.20% of revenue

2021Expense mix: 77.4% mission · 11.9% management · 10.7% fundraisingTotal expenses: 97.13% of revenue

2020Expense mix: 74.7% mission · 13.8% management · 11.5% fundraisingTotal expenses: 85.22% of revenue

2019Expense mix: 77.5% mission · 14.5% management · 8.0% fundraisingTotal expenses: 105.11% of revenue

2018Expense mix: 79.6% mission · 12.5% management · 7.9% fundraisingTotal expenses: 104.13% of revenue

2017Expense mix: 79.7% mission · 13.6% management · 6.7% fundraisingTotal expenses: 97.10% of revenue

Money in and money out

Revenue$2,192,526

Expenses$2,091,739

Annual surplus $100,787 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,726,918 · 82.6% of expenses

Management and office costs$193,981 · 9.3% of expenses

Fundraising$170,840 · 8.2% of expenses

See all reported dollar amounts

Revenue$2,192,526

Expenses$2,091,739

Assets$1,219,364

Income$2,255,011

Contributions$1,134,944

Mission work (program services)$1,726,918

Fundraising$170,840

Management and general$193,981

Executive compensation (total)$144,500

Stocks and bonds$4,084

Accounting fees$24,420

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BRIDGET K CHIARUTTINIEXECUTIVE DIRECTOR · 35 hrs/week $141,291Base $136,500 · Other $4,791

MEGHAN HAMILTONDIRECTOR OF DEVELOPMENT · 35 hrs/week $102,931Base $102,308 · Other $623

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

BRIDGET K CHIARUTTINIEXECUTIVE DIRECTOR

MEGHAN HAMILTONDIRECTOR OF DEVELOPMENT

KEVIN COTREAUTREASURER

TRACEY ARONSONDIRECTOR

TONY LACASSEDIRECTOR

TIM EISENSTADTCO-PRESIDENT

SHAWN MCNINCHCO-PRESIDENT

SANDRA PYRAM-LOYERDIRECTOR

MICHELE BENKISDIRECTOR

MARISELE ESPERANCEDIRECTOR

KELLI POWELLCLERK

JIM CAMPBELLDIRECTOR

JAMIE CARONDIRECTOR

GLAVIA SMITHDIRECTOR

GARY LYONDIRECTOR

DAVID GELLERDIRECTOR

DAN CULLINANEDIRECTOR

CARLY BURTONDIRECTOR

About this charity

Recognized since: January 1976
Location: 19 Needham Street Suite 206, Newton, MA 02461
County: Middlesex
In care of: BRIDGET CHIARUTTINI
Primary officer: BRIDGET CHIARUTTINI, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(617) 964-6273

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: WITHUMSMITHBROWNPC
NTEE classification: Adoption (P31)
IRS tax category: Adoption