Staples Cause for Caring INC EIN 84-5135177 Form 990 (PDF) Claim this org

Staples Cause for Caring INC

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Staples Cause for Caring INC is a disaster relief nonprofit based in Framingham, MA. For fiscal year 2025 it reported $471K in revenue, $362K in expenses, and $1.2M in net assets.Pt I

Type
Public charity (501(c)(3)) · Public Safety & Disaster
Location
Framingham, MA
Website
staplescauseforcaring.org
Filings
5 on file (2021–2025)
Revenue
$471KFY2025
Expenses
$362K
Net assets
$1.2M
People
15
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-5135177 Public charity (501(c)(3)) Framingham, MA
Form 990 (PDF)
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Size
$100K–1M
What they do
a disaster relief nonprofit
Leadership
Gina Foster · President
Money in and out
$471K revenue, $362K expenses
Bottom line
88% program efficiency
Where the money goes · FY2025
Total revenue
$471K
Pt VIII · Ln 12
Total expenses
$362K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $109K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.00 Fundraising $0.11
Program efficiency
88%
of spending reaches programs▼ -8% vs prior filing year
Operating runway
38.9mo
months of highly liquid reserves at operating expense rate▲ +88% vs prior filing year
Surplus margin
+23%
revenue over expenses, this year▲ +84% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$471K
FY2025▼ -36%
Expenses
$362K
FY2025▼ -43%
Total assets
$1.2M
FY2025▲ +7%
Total liabilities
$0
FY2025▼ -100%
Total revenue
$471K
Pt VIII · Ln 12
Total expenses
$362K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$109K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStaples Cause for Caring INC
EINHdr · item D84-5135177
Principal addressHdr · item CFramingham, MA
WebsiteHdr · item Jstaplescauseforcaring.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic Safety & Disaster (M12)
Ruling yearIRS BMFOct 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director, Clerk Term Beg 02/2024
$0Pt VII · Sec A
Director Term Beg 02/2024
$0Pt VII · Sec A
Director Term Beg 02/2024
$0Pt VII · Sec A
Director Term Feb-Nov 2024
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Staples Cause for Caring INC executive salaries →

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Mission & Programs · Part III

Where the work happens

2 program services account for $320K of program spending, described in the organization's own filed words · FY2024.
01

Staples cause for caring ("the organization") was established in order to provide financial assistance to corporate employees ("associates") of staples, inc. And their family members confronted with economic hardship due to natural disasters, catastrophic events, or other circumstances beyond their control.

$305Kprogram expense
02

Staples cause for caring provides grants to other charitable organizations. In 2024, the organization provided (1) grant to american red cross for california wildfires relief.

$15Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$401K · 85%
Investment income$49K · 10%
Other revenue$20K · 4%
Contributions & grants85%$401K
Investment income10%$49K
Other revenue4%$20K
Total revenueLn 12$471K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.00 Fundraising $0.11
Program services88%$320K
Management & general$911
Fundraising11%$41K
Total functional expensesLn 25$362K

Balance Sheet

Part X · end of year
CashLn 1$1.2M
Total assetsLn 16$1.2M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.2M
Months of cash on handcomputed38.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.2M · Operating expenses/yr $362K
38.9 months
Where the money goes
Program services
Program services $320K · Total expenses $362K
88%
Management & General
Management & general $911 · Total expenses $362K
0.3%
Fundraising
Fundraising $41K · Total expenses $362K
11%
Cost to raise $1
Fundraising expense (3-yr avg) $14K · Solicited contributions (3-yr avg) $488K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $401K · Total revenue $471K
85%
Government reliance
Government grants — · Total revenue $471K
Earned-income share
Program service revenue $0 · Total revenue $471K
0%
Investment reliance
Investment income $49K · Total revenue $471K
+10%
Program self-sufficiency
Program service revenue $0 · Total expenses $362K
0%
Growth & trend
Revenue growth (YoY)
This year $471K · Prior year $730K
-36%
Revenue CAGR
FY2020 $1.2M · FY2024 $471K
-21%
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $471K · Expenses $362K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.2M · Total assets $1.2M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Gina Foster · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $362K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $362K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 0.3%
Fundraising cost ratio 10%
Revenue growth -36%
Investment management fee ratio 0.06%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 1 funder$40K
Grants paid · 39 grants · $1.8M · 2020–2024
Unitemized GrantFY2024$99,032
Unitemized GrantFY2024$74,065
Unitemized GrantFY2024$66,219
Unitemized GrantFY2024$53,494
Unitemized GrantFY2024$5,821
Unitemized GrantFY2024$4,500
Unitemized GrantFY2024$1,385
Junior Achievement USACO · FY2023$250,000
Unitemized GrantFY2023$124,035
Unitemized GrantFY2023$106,385
Unitemized GrantFY2023$78,076
Unitemized GrantFY2023$34,311
Unitemized GrantFY2023$10,865
Unitemized GrantFY2023$7,676
Unitemized GrantFY2022$185,156
Unitemized GrantFY2022$137,321
Unitemized GrantFY2022$110,529
See all 39 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$471K revenue · viewing · ⤓ 990 PDF
FY2024$730K revenue · ⤓ 990 PDF
FY2023$379K revenue · ⤓ 990 PDF
FY2022$358K revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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