2022-03-23T13:01:08-05:00 2021-06-30 043000523 O'CONNOR & DREW PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2020-07-01 042227431 MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC MASS 6179646273 19 NEEDHAM STREET NO 206 NEWTON MA 02461 LISA FUNARO EXECUTIVE DIRECTOR 6175423678 2022-02-28 1 LISA FUNARO 999009999 DAVID A DIIULIS P00303577 6174711120 2022-02-28 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z LISA FUNARO 19 NEEDHAM STREET NO 206 NEWTON MA 02461 1943994 0 X WWW.MAREINC.ORG X 1957 MA FINDING ADOPTIVE HOMES FOR CHILDREN BY MATCHING CHILDREN WITH POTENTIAL ADOPTIVE PARENTS AND PROVIDING INFORMATION ON CHILDREN AWAITING ADOPTION. 14 13 24 150 0 0 534149 1017315 769032 786948 0 0 96099 126277 1399280 1930540 0 0 0 0 1139455 1333033 0 0 189449 331357 312241 1470812 1645274 -71532 285266 695442 742021 389177 150490 306265 591531 X 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 COMMONWEALTH'S CENTRAL CLEARINGHOUSE FOR ADOPTION INFORMATION AND REFERRAL, AND WE WORK TO IDENTIFY MATCHES BETWEEN CHILDREN AND FAMILIES. 0 0 1228613 786948 FINDING ADOPTIVE HOMES FOR CHILDREN 1228613 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 24 1 0 0 0 0 0 1 1 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X LISA FUNARO 6179646273 19 NEEDHAM STREET SUITE 206 NEWTON MA 02110 DANA LEHMAN PRESIDENT 1.00 X X 0 0 0 TRACY ARONSON VICE PRESIDENT 1.00 X X 0 0 0 STEPHEN BRIGGS TREASURER 1.00 X X 0 0 0 SHAWN MCNINCH DIRECTOR 1.00 X 0 0 0 MICHELE BENKIS DIRECTOR 1.00 X 0 0 0 LISA FUNARO EXECUTIVE DIRECTOR 35.00 X X 124421 0 14408 PAUL DELETETSKY DIRECTOR 1.00 X 0 0 0 TONY LACASSE DIRECTOR 1.00 X 0 0 0 KAREN LITCHFIELD DIRECTOR 1.00 X 0 0 0 JAMIE GRANT DIRECTOR 1.00 X 0 0 0 KERI CALIFANO DIRECTOR 1.00 X 0 0 0 DEBORAH YAMIN DIRECTOR 1.00 X 0 0 0 KELLI POWELL DIRECTOR 1.00 X 0 0 0 HAROLD GROTEVANT DIRECTOR 1.00 X 0 0 0 124421 0 14408 1 0 0 0 BLUE CROSS BLUE SHIELD 225 NORTH MICHIGAN AVE CHICAGO IL 60601 HEALTH INSURANCE 147976 UBC 5 EQUITY PARTNERS 150 EAST 58TH STREET STE 2000 NEW YORK NY 10155 RENTAL SERVICE 138976 2 210341 806974 1017315 FEES AND CONTRACTS FRO 624100 786948 786948 786948 139731 13454 126277 126277 1930540 786948 0 126277 151166 118031 17245 15890 971964 754687 114941 102336 11874 9669 972 1233 99949 81394 8179 10376 98080 75096 11042 11942 22500 22500 41578 17580 23998 961 961 54997 36523 12552 5922 137850 93347 27630 16873 9696 9608 88 1975 415 1560 9289 9289 13678 11768 1214 696 ADOPTION PARTIES 15067 15067 COMMUNITY OUTREACH 3287 3287 STAFF DEVELOPMENT 1363 1180 183 1645274 1228613 227212 189449 562615 609613 64086 65579 17291 21218 281713 256870 30682 24843 20768 20768 695442 742021 129269 102593 49567 47897 210341 0 389177 150490 X 178540 314619 127725 276912 306265 591531 695442 742021 285266 0 X X 0 1 X 1 0 X 208689 214055 530934 534149 1017315 2505142 313783 272881 185202 74740 18400 865006 522472 486936 716136 608889 1035715 3370148 435110 2935038 1101 1016 2117 3372265 0.87030 0.75710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34369 26360 8009 201029 192536 8493 46315 37974 8341 24843 X 1962394 18400 13454 31854 1930540 0 1930540 1677128 18400 13454 31854 1645274 0 1645274 PART X, LINE 2: FIN 48 DISCLOSURE ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT" SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, MARE MAY, HOWEVER, BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. MARE HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170 (B)(1)(A)(VI). PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SPECIAL EVENTS 13,454. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SPECIAL EVENTS 13,454. WALK-A-THON 114667 114667 6020 GOLF TOURNAMENT 25064 25064 7434 1 0 139731 139731 13454 13454 126277 FORM 990, PART VI, SECTION B, LINE 11B EACH MEMBER OF THE BOARD IS INDIVIDUALLY SENT A DRAFT OF THE FORM 990. EACH HAS THE CHANCE TO REVIEW IT AND GATHER ANY QUESTIONS, COMMENTS OR CONCERNS THEY MAY HAVE REGARDING THE INFORMATION. THE FINANCE COMMITTEE THEN REVIEWS ANY DISCREPANCIES THE BOARD HAS AND EITHER APPROVES THE DRAFT AS IS, OR APPROVES THE CHANGES THE BOARD WANTS TO HAVE MADE. FORM 990, PART VI, SECTION B, LINE 12C TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENT AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FUTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE AND THE EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY REQUEST AS STATED IN THE ORGANIZATION'S WEBSITE. THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.