PLATINUM2024

Mission of Deeds Inc

Furnishing Homes. Changing Lives.

Reading, MA   |  www.missionofdeeds.org
GuideStar Charity Check

Mission of Deeds Inc

EIN: 22-3252651


Mission

Mission of Deeds is a volunteer-supported nonprofit that gives new beds and gently used donated furniture, kitchen items, and basic household goods, free of charge, to people leaving homelessness and others in great need living in Middlesex and Essex Counties of Massachusetts, and the Suffolk County Massachusetts communities of Chelsea, Revere and Winthrop.

Ruling year info

1994

Executive Director

David McIsaac

Main address

6 Chapin Avenue

Reading, MA 01867 USA

Show more contact info

EIN

22-3252651

Subject area info

Human services

Population served info

Economically disadvantaged people

NTEE code info

Human Service Organizations (P20)

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Mission of Deeds was founded with an awareness that many families struggling to pay for food and shelter were unable to afford basic household items such as beds and furniture. Even more distressing was the lack of resources available to help people obtain these furnishings. At Mission of Deeds, this is our sole purpose. We provide, free of charge, the beds, furniture, and household goods families need when they move out of a shelter and into permanent housing. We also provide this service to vulnerable families that are already living in affordable housing, but have barely enough income to pay for rent and food. Meeting these essential needs is the first step out of crisis, so that people can be stable enough to meet the next opportunities presented to them for future economic growth and stability. Each family permanently housed brings us closer to ending homelessness.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Providing Beds, Furniture and Household Goods

Mission of Deeds provides purchased beds and gently used furniture and household items to individuals and families in need, free of charge. We do not have separate programs other than this overall purpose. The program budget listed below is the same as our operating budget.

Mission of Deeds serves low-income families and individuals, most of whom have deeply challenging backgrounds, including the previously homeless, survivors of domestic abuse, refugees, single parents, senior citizens, victims of fire and other disasters, veterans, and those with physical and/or mental disabilities. Approximately 65% of those served are households with children. They are from diverse races, ethnicities, genders and religions. All of our clients have limited incomes.

The items we offer include beds (twin/full/queen mattress, box spring, and frame), bunk beds (bunk bed frame and 2 mattresses), cribs (crib and mattress), furniture (dining tables, chairs, sofas, bureaus, lamps, etc.), linens (sheets, towels, pillows, blankets, etc.) and kitchen goods (dishes, pots, pans, silverware, glassware, toasters, etc.). Although most of the items we give our clients are donated, due to hygiene concerns, we purchase mattresses and box springs and due to safety concerns, we purchase cribs and bunk bed frames.

We serve clients in our 11,000 square foot handicap accessible facility, which consists mostly of a warehouse and client showroom. Our clients are able to choose the furniture they would like from a selection displayed in our showroom; this helps them visualize how their furnished home will look.

On occasion, when necessary, we will us our truck to deliver what the client needs to their residence. The Mission of Deeds truck is also used to pick up donated furniture.

Mission of Deeds consistently meets our two main criteria for success (1) Giving all our clients the beds, furniture and household goods they need to make their home livable and functional, so they can achieve a level of stability that will enable them to retain their housing. (2) Treating all our clients with respect, dignity and compassion.

Population(s) Served
Economically disadvantaged people

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of households furnished

This metric is no longer tracked.
Totals By Year
Population(s) Served

Economically disadvantaged people

Related Program

Providing Beds, Furniture and Household Goods

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

We are progressing towards pre-COVID levels of service. Since we began in 1993, we furnished more than 16,500 homes.

Number of families we helped who have children

This metric is no longer tracked.
Totals By Year
Population(s) Served

Economically disadvantaged people

Related Program

Providing Beds, Furniture and Household Goods

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

We are progressing towards pre-COVID levels of service.

Total number of items distributed

This metric is no longer tracked.
Totals By Year
Population(s) Served

Economically disadvantaged people

Related Program

Providing Beds, Furniture and Household Goods

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Includes beds, furniture (tables, chairs, sofas, bureaus, lamps), linens (bedding, towels), kitchen items (dishes, pots, flatware, glasses, toasters), household goods (irons, vacuums), etc.

Number of beds and cribs provided

This metric is no longer tracked.
Totals By Year
Population(s) Served

Economically disadvantaged people

Related Program

Providing Beds, Furniture and Household Goods

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Many clients are sleeping on the floor before we help them. We provide everything for a complete bed: twin/full/queen mattress, box spring and frame; crib and mattress; pillow, comforter, and sheets.

Number of organizational partners

This metric is no longer tracked.
Totals By Year
Population(s) Served

Economically disadvantaged people

Related Program

Providing Beds, Furniture and Household Goods

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

Our partners include social service agencies, religious organizations, schools, and hospitals who review client needs and make referrals. Since we began, we have worked with more than 450 partners.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Mission of Deeds has set the following, very specific, goals for our organization: (1) Ensure that everyone who comes to us for help receives the beds, furniture, and household goods they need to make their home livable and functional, so they can achieve a level of stability that will enable them to retain their housing. (2) Treat all of our clients with respect, dignity, and compassion.

We truly believe that the service we provide leads to positive outcomes. With a lamp to see with and a couch to cuddle on, parents can comfortably read to their children. If pots and dishes are owned, a healthy meal can be cooked. If there is a kitchen table, a family can gather for a meal, discussion, or celebration. With a bed to sleep in, people will rise rested – adults better able to deal with work, illness, parenting, and children ready to learn. Providing these basic home necessities has an immediate and lasting impact on the people and communities we assist.

Volunteers are the foundation of Mission of Deeds. Our volunteers’ compassion, dedication and hard work inspire everyone they meet. They are our best ambassadors and ensure excellent service for our clients. Additionally, we could not help so many people without the generous donations of furniture and household goods provided by the community.

We realize that our volunteers and donors make sacrifices to provide us the resources to help people less fortunate. We take seriously our responsibility to see that their generosity is channeled to households where it is truly needed. We have partnered with over four hundred social service agencies, religious organizations, housing authorities, schools and hospitals that recognize we provide a vital resource. Our community partners review client needs and make referrals, to ensure we are helping those with a true need and that the process proceeds with maximum effectiveness.

Our Executive Director is passionate about Mission of Deeds’ goal to uplift those in need with dignity and respect. Having worked for several nonprofits before joining the organization, he has extensive experience in volunteer coordinating, analytics, logistics, distribution, and partner stewardship. His knowledge of the nonprofit sector allows him to strategically direct our mission-based community work.

Our small staff includes people with a variety of backgrounds, all unified by a desire to help those in need. Before joining us as an employee, each staff member had been a volunteer with our organization. Their careers were as diverse as engineering, human services, business, education, and trucking. This variety of backgrounds enables us to have expertise in many areas, enhancing our efficiency and quality of service.

Members of the Board of Directors have extensive experience, many having senior positions in finance and industry, and all active in the community. Their contacts, experience and generous spirits enable them to effectively oversee the organization’s activities and ensure proper use of funding.

Since we began, Mission of Deeds has furnished more than 40,500 homes. We are an integral part of our area’s human service sector, collaborating with over 450 social services agencies that evaluate client needs and provide our referrals. In addition, we have developed a large corps of volunteers. Mission of Deeds has a history of sound management and fiscal responsibility, growing our budget when needed and never running an operating deficit.

Typically, Mission of Deeds serves clients and accepts donations at our handicap accessible facility Monday through Friday and four Saturdays of the month, excluding holidays. Since Mission of Deeds began in 1993, we have continuously helped vulnerable families and individuals maintain safe, functional, permanent homes. However, following the guidelines of Massachusetts’ Governor, due to COVID-19, on March 16, 2020, we suspended normal operations. On June 1, 2020, we began a phased reopening with modified operations – we were not using volunteers; clients and donors were not allowed in the building; all pick-up and drop-off of furniture was taking place outside; clients were being serviced by staff members strictly adhering to physical distancing and other public health measures; we had a limited service schedule that at first prioritized helping clients whose appointments were cancelled due to our closure.

Throughout 2021 and 2022, we continued to progress toward our typical operations – increasing service hours and volunteer involvement. Currently, our Monday through Friday service schedule is back to normal hours. However, we are still helping clients and accepting drop-off donations only two scheduled Saturdays a month. The remaining Saturdays are reserved for emergencies. We are continuing to work toward offering more scheduled Saturday appointments.


How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

  • Which of the following feedback practices does your organization routinely carry out?

  • What challenges does the organization face when collecting feedback?

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

7.65

Average of 206.35 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

8.9

Average of 10 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

9%

Average of 10% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Mission of Deeds Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Mission of Deeds Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Mission of Deeds Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Mission of Deeds Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $81,286 $59,952 $584,911 $331,505 $21,505
As % of expenses 7.0% 5.3% 66.7% 32.6% 1.7%
Unrestricted surplus (deficit) after depreciation $42,387 $21,053 $554,838 $303,849 -$6,151
As % of expenses 3.5% 1.8% 61.2% 29.1% -0.5%
Revenue composition info
Total revenue (unrestricted & restricted) $1,255,351 $1,204,710 $1,557,066 $1,531,576 $1,506,459
Total revenue, % change over prior year 8.9% -4.0% 29.2% -1.6% -1.6%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 1.6% 2.0% 4.7% 1.5% 2.2%
Government grants 0.0% 0.0% 3.8% 0.0% 0.0%
All other grants and contributions 98.4% 98.0% 91.5% 98.5% 97.8%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $1,159,841 $1,137,303 $876,955 $1,015,844 $1,261,421
Total expenses, % change over prior year 2.8% -1.9% -22.9% 15.8% 24.2%
Personnel 26.8% 27.8% 36.3% 34.1% 29.3%
Professional fees 0.6% 0.7% 0.8% 0.7% 0.6%
Occupancy 9.8% 9.8% 12.0% 11.7% 8.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 55.5% 54.9% 37.0% 36.6% 46.3%
All other expenses 7.3% 6.8% 13.9% 16.9% 15.8%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $1,198,740 $1,176,202 $907,028 $1,043,500 $1,289,077
One month of savings $96,653 $94,775 $73,080 $84,654 $105,118
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $1,295,393 $1,270,977 $980,108 $1,128,154 $1,394,195

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 8.5 9.4 21.3 11.3 8.9
Months of cash and investments 10.7 11.9 24.6 27.7 22.2
Months of estimated liquid unrestricted net assets 9.2 10.0 20.7 21.8 17.8
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $817,815 $888,075 $1,557,474 $960,662 $939,799
Investments $212,095 $236,178 $240,631 $1,382,249 $1,391,349
Receivables $0 $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $488,315 $488,315 $491,535 $491,535 $491,535
Accumulated depreciation (as a % of LBE) 51.8% 59.8% 65.5% 71.2% 76.8%
Liabilities (as a % of assets) 0.6% 0.7% 0.1% 0.2% 11.2%
Unrestricted net assets $1,124,664 $1,145,717 $1,683,382 $1,987,231 $1,981,080
Temporarily restricted net assets $13,842 N/A N/A N/A N/A
Permanently restricted net assets $155,000 N/A N/A N/A N/A
Total restricted net assets $168,842 $192,020 $300,354 $502,078 $444,912
Total net assets $1,293,506 $1,337,737 $1,983,736 $2,489,609 $2,425,992

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director

David McIsaac

David McIsaac joined Mission of Deeds as Executive Director in August 2022. Prior to joining the organization, he worked for a nonprofit in the Boston area that donates brand-new sports equipment to grassroots youth programs in need across the country. David worked in a myriad of roles in his eight years there including volunteer coordinating, analytics, logistics, distribution, and partner stewardship. David has worked in the nonprofit space for the past decade and is passionate about mission-based community work. He is a graduate of Syracuse University.

Number of employees

Source: IRS Form 990

Mission of Deeds Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Mission of Deeds Inc

Board of directors
as of 02/07/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. Christopher Barrett

Barrett and Scibelli CPA, LLC

Term: 2022 - 2022

Lori Grayson

Mission of Deeds Volunteer

Jan Triglione

Premier Realty Group, Inc. President/Owner

Arthur Triglione

Suppliers Auto Parts, Owner, Retired

Catherine Kaminer

Middlesex Federal Savings, N. A. Vice President Commercial Credit

David McIsaac

Mission of Deeds, Inc Executive Director

Eric Boemer

Mission of Deeds Volunteer

John O'Connor

Fidelity Investments Former Executive VP

Carol Moriarty

Teacher, Retired

Marianne Tompkins

Mission of Deeds Volunteer

Candy Bower

Johnson O’Connor Feron and Carucci LLP, Principal

Thomas "Doc" Daugherty

Eastern Bank Foundation, Employee Engagement Director

Organizational demographics

SOURCE: Self-reported; last updated 8/29/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data