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Family Services of the Merrimack Valley INC

Public charityFed auditsIRS 990
DBA: VALLEY INC
Other · LAWRENCE, MA · EIN 04-2104054

About

Family services empowers, nurtures and supports children and families through life's challenges to help them reach their full potential.

DBA Valley INC

Donations are tax-deductible
Category
Other
Employees
151
Volunteers
438

Financial Snapshot

FY ending 2024-09-30
Revenue
$9.0M
Expenses
$8.9M
Assets
$5.6M
Liabilities
$993K

Financial history

$9.0M$4.5M$0
161718192021222324
RevenueExpenses
Latest FY2024: $9.0M · Avg: $6.6M
FAMILY SERVICES OF THE MERRIMACK VALLEY INC
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Address

430 N Canal ST
Lawrence, MA, 01840-124

Governance

Voting board members16
Independent members16
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %59.7%
Permanent endowment %40.3%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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