2011 Annual Report
Firstin my family.
Clara Lucien, Boston College ‘11 get in
Letter from the CEO graduate Dear Friends, In 2011, Bottom Line became a multi-state organization. We hired our first New York staff, who began building relationships within the city. These relationships will be incredible assets as we expand our College Success Program to New York area colleges in the coming year.
At the same time, nearly 1,600 students from Boston and Worcester, Massachusetts, received college counseling services from Bottom Line. Throughout the 2010-2011 school year, these students overcame incredible hurdles to get into and persist through college.
While Bottom Line’s reach expanded, our values have remained the same. We focus on building go far strong and meaningful relationships within our organization and community. We demonstrate Bottom Line supports students who come from low-income homes and persistence as we work to help students reach their goals. We hold ourselves accountable for the first generation of their families to attend college. By providing producing high-quality and quantifiable results. We demonstrate responsibility in the advice we one-on-one guidance through the entire application process and on give to students. We insist on efficiency in our day-to-day operations. We strive for excellence college campuses, we help students complete their degrees at rates by challenging ourselves to meet the highest standard. higher than the national average. By May of 2011, 137 more students graduated from college and joined the 471 other Bottom Once a small community organization serving 25 Boston high school Line alumni. Their success is demonstrative of their dedication and your support. Thank you for seniors, Bottom Line has grown to provide services to more than continuing to believe in Bottom Line and the students we serve. 1,900 high school and college students in three locations—Boston, Worcester, and New York City. As we grow, we continue to focus on what matters most: Greg Johnson Relationships. Persistence. Results. Responsibility. Efficiency. Excellence. Chief Executive Officer
3 R 638 e high school la seniors t attended io ‹ n 5,344 s meetings h and submitted i ‹ p 5,979 s applications
“Communicating with Bottom Line’s staff regarding Abby Kelley Foster Charter Student Recruitment College Access Services Public School students has been extremely Bottom Line relies on relationships with 493 Boston and 145 Worcester high school helpful. Their program is a wonderful guidance counselors, school administrators, seniors completed Bottom Line’s College resource; our staff appreciates everything program participants, and staff members at Access Program during 2010-2011. Counselors they do to assist our seniors.” youth-serving organizations to spread the assisted these students in five areas: Caroline McHugh - College Counselor, word about our programs. Many of the high • college lists Abby Kelley Foster Charter Public School school seniors who sought our services during • essays 2010-2011 heard about our College Access • applications Program from their friends, mentors, or school. • financial aid “Bottom Line and Tufts have begun to • choosing a college work closely to recruit some of the best Our staff focused on recruiting students who students from Boston and Worcester. Tufts are low-income and in the first generation Students received services through one-on-one sent admissions staff to interview more of their families to attend college. Eligible meetings. The relationships built during these than 20 applicants at Bottom Line’s office students were also required to demonstrate meetings allowed Counselors to assist students last year.” preparedness for college-level academics by with unexpected challenges and in making Marian Younge - Student, Tufts University having at least a 2.5 GPA. High school seniors a responsible college choice. On average, enrolled in our program on a first-come, first- each student attended nine meetings. Many served basis. continue to receive support through Bottom Line’s College Success Program.
5 College Success Services Target Colleges Bentley University 852 Boston and 91 Worcester college students Boston College received assistance from Bottom Line while Boston University attending one of 20 local target colleges. The Bridgewater State University one-on-one services each student received Clark University focused on four key areas: College of the Holy Cross Degree - academic performance and progress Massachusetts College of Liberal Arts Massachusetts College of Pharmacy and 943 Employability - work experience Health Sciences college students Northeastern University Aid - financial aid/scholarships UMass Amherst attended UMass Boston
Life - personal wellbeing ‹ UMass Dartmouth Through our DEAL model, students received UMass Lowell assistance with registering for classes, finding Salem State University 3,388 on-campus jobs and internships, renewing financial Suffolk University meetings aid, bereavement, and any other obstacles Tufts University or unfamiliar tasks they encountered. An Wentworth Institute of Technology and received external program evaluation indicates that Worcester Polytechnic Institute ‹ these services increase a student’s chances of Worcester State University graduating within 6 years by up to 43%. Quinsigamond Community College 1,725 care packages
7 Pe Student Growth Projection (MA & NY) r 3,000 si st en 2,000 c e 1,000 Bottom Line Students
0 FY11 FY12 FY13 FY14 FY15
“My friend, Sarah, was right: Bottom Line does work miracles. They certainly helped New York City Expansion Growth in Massachusetts turn my life around and showed me that In January, Ruth Genn joined Bottom Line Bottom Line’s student population has grown regardless of my circumstances I should as Executive Director of our New York site. each year since the organization’s founding. always strive to succeed. Their persistence Previously the Director of College and Career Last year, the capacity of our College Success and encouragement allowed me to get Pathways at New Visions for Public Schools, Program increased by 26%—from serving through the toughest times of my life.” Ruth began introducing Bottom Line to the 749 college students in 2010 to 943 college Angela Pagliuca - Alumna, School of local community. She built relationships students in 2011. This expansion is due to a Nursing at UMass Dartmouth with schools and organizations such as the larger percentage of College Access Program CUNY School Support Organization. Many now participants joining our College Success “I really appreciate everything that formally partner with Bottom Line by referring Program, as well as the larger capacity of our Bottom Line is doing for me. Without students and tracking students’ progress. College Access Program. their help, I don’t think I’d be where I am By July, Bottom Line located an office space Bottom Line plans to continue increasing today. I keep working hard and pushing in Brooklyn and hired two College Counselors. the capacity of our College Success Program myself to achieve my goals and dreams. Ginette Saimprevil, previously our Worcester by providing services at additional colleges Bottom Line and its staff will always be in Site Director, joined the New York staff as and recruiting at least 50% of College Access my heart no matter where I go in life.” Program Director and began to review student Program participants to receive ongoing Aloysius Street - Student, Massachusetts applications to the program. 125 high school support while they work to earn a degree. College of Liberal Arts seniors now receive college access services.
9 Results
Bottom Line’s College Access Bottom Line’s College Success Program Results Program Results 100% 100% 97% Bottom Line 74% Bottom Line enrolled Boston Public Schools graduated Boston Public Schools 50% Low-income students 50% Low-income students 6-Year Graduation Rate 6-Year in college College Enrollment Rate from college 0 0 Sources: Center for Labor Market Studies at Northeastern University and NCES Sources: Center for Labor Market Studies at Northeastern University and NCES
Bottom Line aims to help 100% of the high school seniors who Bottom Line’s goal is to help at least 80% of the participants in our College Success Program participate in our College Access Program get accepted to at least one 9 out of 10 graduate in 6 years or less. In 2011, the high school Class of 2005 completed this 6-year college. In addition, our staff focuses on pairing students with colleges students were from low-income homes program. 74 students (76%) completed a degree within that time frame. 137 that fit their academic, financial, and personal needs. and/or the first generation of their new graduates The graduation of our ninth class increased our lifetime graduation rate to 74%. This rate families to attend college Out of the 638 high school seniors we served in 2011, 98% were outnumbers the typical college graduation rates of Boston Public Schools graduates as well as became part of accepted to at least one college. the national average. We expect that this rate will continue to rise. ‹ During the summer, Bottom Line also helps students complete the Overall, 137 students in Bottom Line’s College Success Program completed their degrees during necessary steps to begin college in the fall. 97% of the Class of 2011 the 2010-2011 school year. 608 high school seniors we helped get into college successfully enrolled in alumni the Fall 2011 semester.
11 Seyfarth Shaw Chris J. Hennessey James Bonasia Trudi Fagerlund William Larner Stephen and Jayne Siegel David W. Hillis Kathleen Borgal Matthew and Jacqueline Fearer Andrew Laurence Nancy and Kirk Smith Louisa Holland Carrie Burke Gina Fegreus Yaakov Levi Rick A. Smith Hood Robert Burmeister Shawna Ferguson Kobi Levy Sovereign Bank Barbara Hume Catherine Burns Michael Fertitta Anne Lewis Mr. and Mrs. Thomas Soviero Mary Ellen Johnson Walter S. Burrage Alison Fineberg Elaine Lewis Responsibility Morgan Stanley Richard Koenitzer Jennifer Burrus Kenneth Fischl Lisnet Conferencing Solutions David and Emily Terry Steve Krupski Barbara Burt Edward Fish William and Susan Littleton The Mentor Network Charitable Liberty Mutual Eleanor S. Burt David and Patricia Flanagan Jessica Rita Liu Foundation Kerri Lynch Joshua Cantor Lindiana Flores Norman Livermore Wes and Rosemarie Thompson Peter Mahoney Rosyana Cardoso Jill Friedlander James Madigan A postsecondary education has the power to produce citizens who are happy, healthy, and engaged. College graduates Tufts Medical School Richard Malnight Jeffrey Caron Millisent Fury Hopkins Donardo Marcellus obtain higher-paying jobs, provide for their families, and participate in their communities. Thanks to the support of the Tufts University Nancy Marcucci Heather Carrillo Garelick Farms Marisa Marino Dora and Arthur Ullian John and Lisa McGinn Susan Case Lynn Garvin Arlene Marshall following individuals, corporations, and foundations, Bottom Line has helped 608 individuals reap these benefits. UMass Medical School Ann Milner Desiree Casey Ann M. Gencarella Mass Biologics Utz Quality Foods, Inc. Dave Murphy Lauren Catlett Ruth and Duncan Gillan Mark V. Mathers Vangent, Inc. Val Murray and Chris Arnold Brian Chang Anne Gilmartin Dickens Mathieu Verizon Wireless The Natansohn Family Jo Chen G.D. Gilmartin Steve Matthews Mike and Karen Volo NEHRA Brian Chu Anna Goldenheim Katelyn Mazuera Rob and Terry Wadsworth Daniel & Amy O’Connor Davis Clayson Jonathan Goodman Alyssa Mazzarella Frederick E. Weber Charities Opticom, Inc. Jerry and Susan Cohen Eric Goorno Kate Mazzola $100,000 and more Jeff and Janet Larson Deloitte The Bostonian Group Gregory Mervyn Levy Corporation Judi Palmer Christina and Tim Cohen Marsha Gorewitz Helen McAuley The Boston Foundation Levangie Family Charitable Eastern Bank Charitable Dr. Madonna Browne Benjamin Littauer Peter Weinstock Darrell Paster Mrs. Henry Coleman Rebecca Griffith Andrew McCarthy Charles Hayden Foundation Foundation Foundation Chadick Ellig Inc. Peter Markarian Wellesley Congregational Dawn Perry Henry Coleman Shannon Grounds Kirsten McCarthy Liberty Mutual Foundation John and Donna MacPhee The Fletcher Foundation Scott and Patricia Clark Massachusetts College of Church PriceWaterhouse Coopers Collaborative Staffing Solutions Janeen Smith Hansen Daniel McDevitt Richard and Susan Smith Philippe and Peggy Mauldin The George F. and Sybil H. Lee Coffin Pharmacy & Health Sciences Wipro Elinor Quill Commerce Bank William Harold III Sean McGrail Family Foundation Mifflin Memorial Fund Fuller Foundation Richard and Patricia Couper Eileen Haley Mathieu and Owen Wise Foods Red Bull CompuCom Mark Harris Patty and Bruce McKinnon Richard and Susan Smith Alan K. Halfenger and Judith Hamersley Partners Crossmark Mathieu Andrew Yang Anne Romney Jim and Barbara Conen Steven Harvey Charles Kabat and Heather John, Amy, Jennifer, and A. Moroz Hill Holliday Randi Cutler Brian McGinley Jerry Rubin Matthew Conti C. Hazard McLoughlin James Berylson National Grid Hoche-Scofield Foundation Dana Farber Cancer Institute Mark McGowan $500 to $999 Ignacio Sanchez Howard Cooper Greg Hegerich Ellen Meltzer Robert and Dana Smith Olivia’s Organics Kellogg’s Davis Family Charitable Donna McGrath Michael Angeley Matt Santos James Copper Howard L. Helfman Gerald and Theresa Memmo Brian and Debra Knez Harold Whitworth Pierce Moses Kimball Fund Foundation Modiv Media, Inc Elizabeth Zachos and Alex Brandon Shankle Peter and Maxine Cory Nancy Helt Virgilio (Miguel) Mendoza TG Public Benefit Program Charitable Trust Hugh Klei Eeke de Milliano Mollenhauer Family Fund Anmahian Josh Solomon Wayne and Deborah Craig Leo and Beatrice Hermacinski Kathie Metzger USA Funds Michele and Peter Scavongelli MA Attorney General’s Office Denise A. DeAmore Richard and Viola Morse Jeb & Sally Bachman Justin Strasburger Michele W. Crepeau Andrew Hickey Alice Michel Schrafft Charitable Trust Dave McGlinchey DemandTec Rebekah Strasburger Lori Baronian Frank and Caroline Strasburger Lorraine and Jack Cross Wendy Hilboldt Douglas J. Miller Marvin Thomas Donald Crotty Nicole Hinds George Miller $50,000 to $99,999 Shaw’s Supermarkets William James Meury Dematic North Coast Seafoods Bright Horizons Family Solutions Marjorie Cohen Stanzler and Abraham Perlman Foundation Steve and Sarah Deschenes NStar Electric and Gas Donna Trimarche Lucas Crowder College of the Holy Cross Bryant Mitchell Cosette Charitable Fund Richard Broussard Paul E. Stanzler Reebok Diversified Search LLC Corporation Mike Wasserman Diane and Timothy Crozier Murray Hood John Montgomery Richard and Judy Meelia Carol Christ Staples Foundation for Learning Terri Rosen Gerard du Toit Christine Nuccio Nathan Wei Joanne Curtin Eric and Katherine Huang Maryellen Mullaney Amelia Peabody Foundation George Chu Anna B. Stearns Charitable Savings Bank Life Insurance Nathaniel Duckles Charlie O’Connor Tony Wilkins Charlie and Phyllis Cutler Maura Hunter Adam Murphy Daniel E. Rothenberg Thom and Tracy Cranley Foundation Stacey Shurgin Edvisors Foundation OnX Enterprise Solutions USA Xerox Corporation Paul and Karen Dale Thomas Imondi Jacqueline and Richard Murray State Street Foundation Suzanne Cuccurullo Stop and Shop Supermarket Marc and Mary Ellen Smith Lori Erickson Optical Phusion Inc Linda Dallas Reider Integrated Technologies, LLC Lindsey Musen Summer Search D.W. Simpson & Co Companies Robert L. Stype Marla Felcher and Dr. Max Rick Painter Database Designs $100 to $499 Helen Dallas Reider Ellyn Ito Mekuria A. Negussie Sun Life Financial The College Board Bazerman Peter Pedro Scott Davis Jeremy Abramson Pat D’Arrigo Charitable Trust Jackrabbit Design, Inc. Theodore Nelson $10,000 to $49,999 Target The Stoddard Charitable Trust Goldman, Sachs & Co. Pepsi Bottling Group Deep River Snacks Aleksandra Ikanowicz Sujit Datta Jean Barnett Calvin Newport Bank of America Foundation Yawkey Foundation II TJX Foundation Google Mark Pins Christine Delia Kathleen Alfano Scott and Marguerite Davis Mary Jeka Kevin Nielsen The Perpetual Trust for UMass Boston Health Market Science Polar Beverages Christine Dorman AVID Technical Resources Nicole DeCesare Eileen Johnsmeyer Amanda Northrop Charitable Giving $5,000 to $9,999 Janet and David Whitehouse Daniel J. Hirce Doug Poutasse and Elaine Draper Laboratory Michael A. Baenen Sarah Delahanty Robert P. Jones Norwell House of Pizza Bank of New York Mellon Alex Del Viscio Jay Judas Edward Novak ACA Compliance Group Bob Howitt Mittell Shelley Esposito David Barbato Larry Begley Susanne DeSanctis Frank Julian Jen Novak Analog Devices $1,000 to $4,999 Patrick Hughes Paula Price Lee Feldman Mary and Clark Barber Boston Inner-City Education Patty and Dan Desmarais Bill Kadish Victoria Novak Paul and Edith Babson Ned and Maureen Abelson Ed Hurley-Wales Professional Staffing Group Douglas Foley Mary M. Barber and Housing Initiative Michael Devejian Maryann Kahn Robert and Ann Nutt Foundation Acosta Doug Fisher and Laura Iannetta The Red Sox Foundation Jim Fowler John Barrett Boston Scientific Nicole Devine Timur Kalimov Kevin O’Connor Frederick A. Bailey Trust Advantage Sales and Marketing IBM/Lotus Cheryl Reed Frito-Lay Stephen Barwikowski J.E. and Z.B. Butler Foundation Karen DiGravio Kendra L. Kannally Casey O’Donnell Bain Capital Children’s Charity Ameriprise Financial Indyme Solutions, Inc. Douglas B. Reeves Lee Glickenhaus Lawrence P. Bavis Fallon Community Health Plan Beverly Donohue Sam Kantende Deborah Odorczyk John and Mary Ann Begley Karen and Jim Ansara Jane Cayley & Associates Ltd Michael Refojo Gordon L. Seaman, Inc Jennifer Bees Fidelity Investments Anne Doyle Kristin Kennedy Laura Odorczyk Biogen Idec Foundation Maureen R. Bateman Nora Johnsmeyer RelayHealth/McKesson Goya Foods Edmund Begley Grand Circle Foundation John Draghi Melissa Kennedy Gaye Ohanesian Peter and Patricia Bishop The Beacon Hill Circle for Gregory and Ginger Browne The Rogers Foundation Mauro and Allison Greco Steven and Kristine Bellona Greater Worcester Community Shanerical Durden Daniel Klein Mary O’Sullivan John Buckley Charity Johnson Ropes & Gray LLP Mark and Karen Green Barry and Jean Bilzerian Foundation Carole Edson Jonathan Kraft Jason Ouellette Coca Cola Refreshments Ben E. Factors Foundation Johnson O’Hare Company Gerald Santos Marija Greenlee Bimbo Bakeries, Inc. James C. Melvin Trust Christopher Eitzmann Robin Kramer PepsiCo Kevin E. Connolly Chuck and Wendy Black Jerry Jordan Sapient Corporation Whitney and Anne Griffith Bloomingdale’s, Inc. Josephine and Louise Crane Scott Emerman Christina Krause Phillip Pererson Covidien Benedikt Blomberg Deborah Koste Patti Saris and Arthur Segel Volkan Gulen James Blue Foundation Kraft Foods SC Technical Services Larry Hamelsky Philip Bonaccorso Arthur and Karen Emery Curt & Anne Large Janis Peretore
13 Benjamin Peskoe Leslie Whitman Fallon Fine Art Supply Worcester Tornadoes Madeline Peskoe Michelle Wilcon Felt Club Boston New Repertory Theatre Zoo New England Nancy and Bob Phifer Taunya Williams-Garrett The Fireplace Restaurant North Shore Music Theatre Pitney-Bowes Steve Wilner GolfTEC Needham The Original Tremont Tearoom Steven Plosky Donna Wilson Good Panera Bread Dawn D. Potter Jody Wilson The Grafton Group Pats Peak Julianne Powers Toni and Bernard Wolfman Gratz Family The Paul Revere House George and Joan Preble James Worrall Jr. Hampshire House Corp Pepsi Bottling Group Joel Rando Janet Yoo Handel and Haydn Society Loren Reed Jennifer Young-Watts Picco Kevin Reilly Harpoon Brewery Plimoth Plantation Harvard Extension School PR Restaurants LLC Emily Rivera In-Kind Donations Susan M. Roberts Hill Holliday The Preservation Society of .406 Ventures Staff Leadership Denise Rodrigues Hilton Boston - Financial District Newport County 5Wits Armen Mukhaeyan and Dunyelle Himmel Hospitality Group Renaissance Boston Waterfront Boston Staff MA Regional Board AAA Southern New England Rosen Historic New England Hotel John Babcock, College Counselor Marc Smith (Chair)* AirTran Airways Daniel Rowley Holly Cleaners Revolution Marlyn Batista, Access Counselor Peter Bishop, Morgan Stanley Alan Halfenger Tracey-Ann Rullow Huntington Theatre Company Roger Williams Park Zoo Aquitaine Boston Elizabeth Beliard, Access Counselor George Chu, Citizen Schools* Donna Russo ImprovAsylum Sakonnet Vineyards Aquitaine Dedham Dave Borgal, National Program Director Kevin Connolly, State Street* Christine Savage Institute of Contemporary Art Sally A. Blomgren Art’s Dune Tours Ishara Casellas-Katz, Development Director Patrick Day, UMass Boston William Sellari Isabella Stewart Gardner Seekonk Speedway David Sencabaugh Bayside Resort Christi Conkling, College Counselor Emerson Foster, Foster & Francisco Museum Seyfarth Shaw June Shankle The Beehive Fina Fontes, College Counselor Debby Koste, Koste Williams Island Queen Shear Madness David Shapiro Ben & Jerry’s Sheneita Graham, College Counselor Dave McGlinchey, Shaw’s Supermarket Jet Blue Simplicity Chef Allison Sherlock Bertucci’s Jillian’s Boston Six Flags New England Tory Hayes, College Counselor Viola Morse, Brandeis University* Mari Shor Beth Hedges John Hancock Ann Helfman, Senior Counselor Susie Roberts, Anderson & Kreiger LLP Elizabeth Sidel TM Softmart be Design Elizabeth Hood, College Counselor The Hon. Patti Saris, US Sentencing Commission* Randy P. Siller JP Licks SpeakEasy Stage Company Big City / Sunset Management Ian Simmons Chuck Kabat The Sports Museum at TD Liane Hypolite, College Counselor Michele Scavongelli, Northeastern University* Blue Ridge Foundation New Jeffery Small Kelly Greens Golf Course Garden Greg Johnson, Chief Executive Officer* Linda St. John, Fallon Community Health Plan York Eric Smith Keurig Squam Lakes Natural Science Deirdre Judge, Access Counselor Dave Terry, The Chartis Group BNY Mellon Kiran and Matt Smith Kickass Cupcakes Center Katrina Magdol, Operations Associate Mike Volo, Cammack LaRhette Consulting Boston Athenaeum Paula and Mark Speers Kings Lanes, Lounge & Billiards Station 8 Salon Amy Markarian, Co-Op Manager Boston Athletic Association Linda St. John Kripalu The Steamship Authority Alyssa Mazzarella, Development Associate Boston Ballet NY Regional Board Rosa Stamatos La Morra Ristorante Sterling Golf Management Boston Beer Company Miguel Mendoza, Team Manager John MacPhee (Chair), The Jed Foundation* Chip and Carmel Sterling Lake Compounce Steve Pagliuca Susan Stetson Boston Bruins Yorkiana Mercedes, College Counselor Sheryl Colyer, Pfizer Larz Anderson Auto Museum Story Land Meghan Stetson Boston by Foot Sarah Place, Program Director - MA Robert Shepler, Legg Mason* Laser Quest - Danvers Sullivan Tire Seth Stier Boston Celtics Miriam Rubin, Team Manager Hope Woodhouse LaserCraze Sun Life Financial Bob and Susi Stone Boston Classical Orchestra Victoria Sargent, Career Coordinator Jessica Zoob, American Express* LaTete Salon Sun Wine Fest Hilary Strasburger Boston Duck Tours Rachel Smith, Senior Counselor Laurinda Phakos O’Connor The Swan Boats of Boston Melissa Sullivan Boston Lyric Opera Allyson Takara, College Counselor Kelly Sutton The Liberty Hotel Tadpole Worcester Advisory Board Brookline Booksmith Mike Wasserman, Associate Director - MA Peter Tiberi Limelight Stage + Studios Taza Chocolate Linda St. John (Chair), Fallon Community Health Plan Carabiner’s John Tocci Lobby Dave Terry John Alexandrov, Legacy Capital Solutions Center for Asian Martial Arts Susan W. Tofias Lord’s & Lady’s Hair Salons Wes and Rosemarie Thompson New York Staff Tamara Bedard, Bay State Savings Bank The Charles Hotel Janet Trask Lyric Stage Company of Boston Tides Restaurant & Pub Risa Dubow, College Counselor Barry Bilzerian, Hygrade Business Group Comcast Cable Tremont Solutions M + M Design Todd English Enterprises Ruth Genn, Executive Director Yuisa Pérez Chionchio, Worcester Public Schools Kevin Connolly Pierre Trepagnier Manna Massage Tremont 647 Ginette Saimprevil, Program Director - NY Michael Christy, Mirick O’Connell Coolidge Corner Theatre Marianne Tyler MASS MoCA TVDiner/NECN Deborah Steinberg, College Counselor Cranmore Mountain Resort Louis Ciavarra, Bowditch & Dewey LLP Theodore Tyson McGreevy’s The Union Oyster House Unilever Crowne Plaza Boston North James Leary, UMass Medical School Megan Secatore Verizon Wireless Nathan Van Duzer Shore Worcester Staff John Lian, Baystate Financial Michele and Peter Scavongelli Viola Morse Sharon Vartanian Patrick Day Cinqué Dunham-Carson, College Counselor Jacquelyn McGravey, UMass Memorial Medical Center Michele Topor’s Food Tours of Wachusett Mountain Ski Area Kevin Waite DeCordova Sculpture Park and Michelle Easton, Senior Counselor Tom McGregor, Bank of America Boston Wealth Advisory Services, LLC Deborah Wald Museum Ali Lincoln, College Counselor Maryellen O’Brien, Reliant Medical Group Mohegan Sun WEEI Joan and Jerry Wasserman Doug Fisher Justin Strasburger, Site Director Jacqueline Peterson, College of the Holy Cross Philip Weiss Mount Sunapee The Westin Boston Waterfront EcoTarium Kira Terrill, College Counselor Lea Ann Scales, Worcester State University Wescen, Inc Rick Muhr The Westin Copley Place Hotel Edible Arrangements Patricia West National Grid Wheelock Family Theatre Entertainment Cruises Thomas West New England Patriots Whole Foods - Symphony Store F1 Boston * Serves on the National Board of Directors Mark and Barbara Wetzel New England Cheesemaking Worcester Art Museum
15 Statements of Activities | The Bottom Line, Inc. | Years ended June 30, 2011 & 2010 Revenue and Support: 2011 2010 Contributions $2,834,766 $1,258,322 Efficiency Scholarship contributions $280,750 $199,900 Special events $606,263 $692,428 Cost of special events ($117,723) ($127,232) Program revenue $63,750 $63,750 Statements of Financial Position | The Bottom Line, Inc. | June 30, 2011 & 2010 Interest $2,579 $2,752 assets 2011 2010 $3,670,385 $2,089,920 Current Assets: Expenses: Cash and cash equivalents $2,025,708 $1,802,428 Program services $1,816,804 $1,637,706 Restricted cash $102,950 $191,000 Administration $208,897 $149,557 Pledges receivable $831,617 $213,795 Fundraising $160,551 $150,124 Prepaid expenses and other assets $18,543 $22,004 $2,186,252 $1,937,387 2011 Revenue & Support $2,978,818 $2,229,227 Change in net assets $1,484,133 $152,533 Private Foundation 33% Property and Equipment: Net assets, beginning of year $2,114,770 $1,962,237 Corporate Foundation 42% Database and website $141,562 $116,563 Net assets, end of year $3,598,903 $2,114,770 Corporate 8% Furniture and equipment $211,793 $177,371 Individual 15% Leasehold improvements $51,552 $51,552 Statements of Cash Flows | The Bottom Line, Inc. | Years ended June 30, 2011 & 2010 Other 2% $404,907 $345,486 Operating Activities: 2011 2010 Accumulated depreciation ($209,216) ($136,593) Change in net assets: $1,484,133 $152,533 2011 Expenses $195,691 $208,893 Adjustments to reconcile change in net assets to net cash used in operating activities: Program Services 83% Other Asset: Depreciation $72,623 $56,625 Fundraising 7% Deposits $35,075 $13,020 Capitalized in kind donations ($30,289) $0 Administration 10% Lease acquisition costs, net $30,289 - (Increase) decrease in assets: Pledges receivable $584,000 - Restricted cash $88,050 $12,487 $649,364 $13,020 Pledges receivable ($1,201,822) ($124,795) Total Assets $3,823,873 $2,451,140 Prepaid expenses and other assets $3,461 ($2,038) 2010 Revenue & Support Deposits ($22,055) $1,000 Private Foundation 41% Liabilities and Net Assets Increase (decrease) in liabilities: Corporate Foundation 12% Current Liabilities: Accounts payable ($4,615) ($16,088) Corporate 16% Accounts payable $40,248 $44,863 Accrued expenses ($42,463) $19,271 Individual 28% Accrued expenses $26,598 $69,061 Scholarship grants payable ($76,550) ($12,487) Other 3% Scholarships payable $114,450 $191,000 Deferred Rent $12,228 $20,964 $181,296 $304,924 Net cash provided by operating activities $282,701 $107,472 2010 Expenses Deferred Rent $43,674 $31,446 Investing Activity: Program Services 84% Net Assets: Fundraising 8% Purchase of property and equipment ($59,421) ($34,251) Unrestricted $1,980,016 $1,912,689 Administration 8% Net cash used in investing activity ($59,421) ($34,251) Temporarily restricted $1,618,887 $202,081 Net increase in cash $223,280 $73,221 $3,598,903 $2,114,770 Cash and cash equivalents, beginning of year $1,802,428 $1,729,207 Total Liabilities and Net Assets $3,823,873 $2,451,140 Cash and cash equivalents, end of year $2,025,708 $1,802,428 Financial Statements audited by Cohen & Associates, Certified Public Accountants 17 E Bottom Line Graduation xc Rates By Class Year e 100% ll en 80% ce 60%
Graduation Rate 40%
20%
0% 2002 2003 2004 2005 2006
“The success happening at Bottom Line— with this demographic of students—is Increasing Results Recognition unheard-of. Something extraordinary is Bottom Line strives to help 80% of our college In February, Bottom Line received a 2011 happening as a result of their work.” students graduate within 6 years. This is the Innovation Award through College Board’s Patrick Day - Vice Chancellor of Student rate at which students with college-educated College Keys Compact. The award honored our Affairs, UMass Boston parents and students from the highest-income achievements in helping students in the New households graduate. England Region “get through” college.
“To reap the full benefits of higher We get closer to this 80% goal each year. In In April, Bottom Line was selected from education, students must complete fact, we have projected that 79% of our Class 51 applicants for the USA Funds Trustees’ their academic programs and receive of 2006 students will graduate in 2012. National Award for College Success. The college diplomas. Bottom Line’s success award, established by the Indianapolis-based contributes to the national goal of In addition, our first class of Worcester college nonprofit that helps American families benefit increasing the educational attainment students will graduate in May of 2012. from postsecondary education, encourages of our population and ensuring that, nonprofits to expand and replicate programs regardless of household income and ethnic that have demonstrated success in enhancing background, all students can realize their college graduation rates, particularly among full potential.” underrepresented students. This $1 million Licellys Nunez, Ernest J. Newborn II - Chairman, USA award that Bottom Line received will support Bentley University ‘11 Funds Board of Trustees the expansion of our College Success Program.
19 Bottom Line - Boston 500 Amory St, Suite 3 Jamaica Plain, MA 02130 P: 617.524.8833 F: 617.524.9559
Bottom Line - New York 26 Court St, Suite 1303 Brooklyn, NY 11242 P: 347.889.7627 F: 347.889.5897
Bottom Line - Worcester 40 Southbridge St, Suite 500 Worcester, MA 01608 P: 508.757.3400 F: 508.757.7400 www.bottomline.org