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NFI Massachusetts

Danvers, MA · EIN 23-7378470 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

NFI Massachusetts reported $43.9 million in revenue and $41.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.12 went to program services, $11.88 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.8% of the total. The highest compensation it reported for one person was $231,367 (EXECUTIVE DIRECTOR). 16 people received more than $100,000 in reportable compensation. Revenue rose 37% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $41M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $44M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 3,614 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
88.1%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
11.9%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%2.4%
Program service revenue share
Part VIII 2g ÷ 12
98.8%70.8%
Highest reported compensation
Part VII-A, columns D–F
$231,367$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.56%1.18%
People paid over $100,000
Part VII, line 2
166
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.76.9
Independent voting board members
Part VI 1a–1b
8 of 8100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$21M expenses · 57.6% of program spending · revenue $27M

Child and adolescent behavioral health - provides residential and home-based behavioral health programs for children, adolescents and their families. Services include locked secure programming, group homes, in-home therapy and programming, 24-hour emergency coverage, clinical assessment, individualized treatment plans, family involvement, and community-based support services

$4.7M expenses · 12.9% of program spending · revenue $4.8M

Juvenile justice - in our residential program and community-based locations, we provide services to youth being held by the courts or dys, and we prepare them for successful adulthood, reintegration, vocation and education

$3.9M expenses · 10.8% of program spending · revenue $4.6M

Adult services - we provide residential and home-based supportive services for adults with developmental delays, and both acquired and traumatic brain injuries. We work collaboratively with the adults and their families to provide them with the best care possible and to ensure that they remain active and engaged members of their communities

$6.8M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 40.0 hrs/week
$0$207,899$23,468$231,367
PSYCHIATRIST
Highest compensated employee, 40.0 hrs/week
$205,816$0$12,239$218,055
PSYCHIATRIST
Highest compensated employee, 30.0 hrs/week
$205,682$0$9,634$215,316
TREASURER & CFO
Officer, 2.0 hrs/week
$0$156,679$25,358$182,037
DIRECTOR OF OPERATIONS
Highest compensated employee, 40.0 hrs/week
$161,370$0$17,833$179,203
ADVANCED PRACTICE RN
Highest compensated employee, 40.0 hrs/week
$156,591$0$10,057$166,648
DIRECTOR OF QUALITY & DEVELOPMENT
Highest compensated employee, 40.0 hrs/week
$132,037$0$15,274$147,311

16 people received more than $100,000 in reportable compensation from NFI Massachusetts (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$44M$41M88.1%$16M$231,367
FY2024 ⓘ$38M$34M87.7%$13M$220,096
FY2023 ⓘ$30M$29M87.8%$9.4M$219,933
FY2022 ⓘ$30M$28M87.7%$8.7M$205,780
FY2021 ⓘ$32M$30M88.0%$6.8M$203,258
FY2020 ⓘ$32M$30M88.1%$5.2M$184,446

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5615
  • Volunteers Part I, line 68

Private foundation grants it received

2 private foundations reported grants to NFI Massachusetts totaling $1,552 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from NFI Massachusetts's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for NFI Massachusetts, you can publish a response that is linked from this page.

Questions people ask

How much of NFI Massachusetts's spending goes to programs?

In the fiscal year ending June 30, 2025, NFI Massachusetts reported that 88.1% of its $41.1 million in expenses went to program services, 11.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does NFI Massachusetts pay its top executive?

The largest total compensation NFI Massachusetts reported for one person in the fiscal year ending June 30, 2025 was $231,367, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does NFI Massachusetts get its money?

Of $43.9 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 98.8% from program service revenue (Form 990, Part VIII).

Is NFI Massachusetts a registered charity?

The IRS lists EIN 23-7378470 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202630209349300518 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202540239349300129 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202420369349300122 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330129349301828 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200359349300140 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110219349301116 · read the filing

All filings for EIN 23-7378470: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.