Boaz and Ruth, Inc. General Information Contact Information Nonprofit Boaz and Ruth, Inc. Address 3030 Meadowbridge Road Richmond, VA 23222 Phone 804 329-4900 Fax 804 329-0190 Web Site www.boazandruth.com Facebook facebook.com/boazandruthrva Twitter @BoazandRuthRVA At A Glance Year of Incorporation 2002 Organization's type of tax exempt status Public Supported Charity 1
Statements & Search Criteria Mission Boaz & Ruth s mission is to rebuild lives and communities through relationships, transitional jobs, and economic revitalization. Three key strategies pursue that mission: We rebuild lives of formerly incarcerated men and women through a transitional jobs and training program. We empower the physically blighted commercial corridor of Highland Park by restoring buildings, incubating and operating businesses, and providing jobs. We connect Highland Park and our program participants to the wider Richmond community through activities that bridge racial, economic, and geographic barriers. All three strategies, intertwined, create a strong rope of rescue for struggling individuals and their troubled community. Background The concept for Boaz & Ruth began with long-time Richmond antiques dealer, Martha Rollins, who daily saw the tremendous resources of the wealthy coming in the front door of her shop and the severe need of the poor and often jobless folks living in the neighborhood behind the shop. She began to ask, How can these resources and needs be connected? That question would lead to the founding of Boaz & Ruth. Through partnerships in the community of Highland Park, local churches and universities, businesses and associations and individual volunteers, the initial training store, Harvest Thrift, has been flanked by four more training businesses that have employed dozens of neighborhood residents, increased the tax base in Highland Park and encouraged others to take the risk of developing businesses in the area. This activity has influenced a 67% decrease in the crime rate in Highland Park since 2003. Since 2002, Boaz & Ruth has served over 200 people in our Rebuilding Lives Training Program and nearly 300 workers in our partnership with the City of Richmond Department of Public Works. 79 clients have graduated from the intensive 12-month program, and of those who spent a shorter time in the program, many left when they obtained jobs, while some were not able or willing to meet the requirements of the program. To date, 64% of graduates obtained a job after graduation; of these 75% maintained a job for at least a year. Less than 12% of program graduates have been re-incarcerated the Virginia recidivism rate is nearly 30% and nationally 50% of ex-offenders return to prison. Impact In 2009, Boaz & Ruth was one of 100 nonprofit organizations recognized by the White House for being "creative, results-oriented programs." Recently, we evaluated our top accomplishments of the past several years: - Boaz & Ruth has developed six training social enterprises including a furniture thrift store, moving business, clothing thrift, estate sales, construction team, and Fire House 15 Cafre & Catering. These enterprises are designed to provide training and employment for program participants and to restore the once-vacant and blighted commercial corridor of Highland Park, filling the emptiness with a positive presence. Through these businesses, over $2 million has flowed back into the community through trainee stipends over the past three years. The Virginia state rate of recidivism is nearly 30%, while nationally it is 50%. But less than 13% of Boaz & Ruth program graduates with a history of incarceration have been re-incarcerated. The positive presence of Boaz & Ruth trainees and businesses influenced a 67% decrease in crime in the Highland Park neighborhood over the last twelve years. Our goals for 2014 include: - Placing 65% of program graduates in employment positions within 6 months of graduation. - Ensuring the recidivism rate for graduates with a history of incarceration remains below 15%. - Ensuring program graduates achieve a minimum of ten self-sufficiency milestones while in the Boaz & Ruth program. - Increasing revenue from our 6 social enterprise businesses to at least one-third of our operating budget. 2
Needs Boaz & Ruth (B&R) has a need to grow our six training social enterprises - in revenues and concurrently in number of training job positions. Secondly, B&R is facing the challenge of replacing funding previously provided by AmeriCorps. The Board made a calculated decision to end an AmeriCorps contract in August 2011 because, due to changes at AmeriCorps, the partnership was no longer congruent with the mission and values of B&R. Though a plan is in motion to replace this substantial source of funding, it will take some time to replace those funds with private donations, training business revenues, and rental income. In the meantime, the organization is reducing expenses and concentrating staff on revenue-producing activities. Areas Of Service Areas Served Areas Metro Richmond Service Categories Job Training Economic Development Job Training 3
Programs Programs Rebuilding Lives Training Program Description The intensive 12 month Rebuilding Lives program provides immediate immersion into a work/life environment and focuses not only on the training of specific skills, but also on developing the emotional and relational competencies essential in obtaining and maintaining a job, as well as establishing positive personal and community relationships. B&R s comprehensive approach to sustainable change requires trainees to devote an average of 50 hours per week to life skills classes, counseling, life lab work experience in B&R entrepreneurial business ventures, and community involvement. Trainees earn stipends for the work they perform in the five training businesses operated by Boaz & Ruth. This approach empowers trainees to devote themselves full-time to their restoration while still having money for food and housing. Equally significant, this approach allows trainees to establish a record of positive employment to build upon when they graduate. Budget $212,982.00 Short Term Success In 2010, we expect to serve approximately 20 clients in the full-time training program and 40 in the Department of Public Works partnership program. Our top four priority outcomes for the 2010 full-time training program are: 70% of program participants will be placed in employment positions either inside or outside of Boaz & Ruth by December 2011. The recidivism rate for program participants will remain below 10%. 2010 graduates will achieve an average of 12 self-sufficiency milestones defined by the program. 80% of participants will report greater levels of support, empowerment, boundaries and expectations, constructive use of time, social competencies, positive identity and commitment to learning. 4
Community Revitalization Description In the 1960s, White Flight left 65% of homes vacant in Highland Park, leading to this neighborhood's eventual decline. Since 2002, Boaz & Ruth has renovated a dozen commercial and residential buildings in the Highland Park neighborhood. For struggling neighbors, the reclamation of neglected properties is a powerful metaphor for the restoration of broken lives and a depressed community. With renovation comes much-needed commercial revitalization. Beginning with the purchase and reclamation of a run-down, nonproductive property in the heart of Highland Park, Boaz & Ruth now anchors a four-block area with renovated buildings including the main retail and training facility, a mixed-use building, a clothing thrift store, eight houses and Fire House 15 Café. The commercial presence has encouraged other entrepreneurs to open businesses in the area. In addition, two youth-focused nonprofit organizations have opened space in Highland Park and have begun providing services in the area. Budget $1,160,596.00 Short Term Success The goal of our Community Revitalization effort is that Highland Park will become a safe, attractive, thriving "village," and its citizens will participate in and claim ownership of their community's revitalization. By establishing housing and businesses in the area surrounding Boaz & Ruth, we will provide resources for our own program and participants, for the merchants and residents of Highland Park and, by extension, to the greater Richmond community. Connecting Across Richmond Description In metropolitan Richmond, significant social and economic disparities exist between different areas of the city. Differences are often barriers to connecting to other people. Through both large events and intimate gatherings, Boaz & Ruth provides opportunities to bring different communities together. These connecting events are helping to transform our community s mindset and culture by putting a human face on other people, including formerly incarcerated men and women. In each event, Boaz & Ruth offers a safe opportunity to reach across social, economic and cultural divides and be powerful catalysts for change. In 2010, Boaz & Ruth sponsored over two dozen social and educational events that drew together people from around Richmond such as MLK, Jr. Celebration, Juneteenth, Long Walk to Freedom, and Beyond Dialogue, a series that uses film to stimulate honest and open dialogue around racial issues. Budget $184,992.00 Long term Success Long-term, the goal of Boaz & Ruth's Community Connections efforts is for relationships to be developed, stereotypes changed and bridges built across economic, educational and cultural divisions in Richmond. 5
Board & Governance Board Chair Board Chair Mrs. Corell Halsey Moore Company Affiliation Engineering PhD candidate VCU Term Jan 2016 to Dec 2017 Email corell.moore@gmail.com Board Members Name Affiliation Status Mrs. Christine Eacho VA Dept. of Corrections Voting Mr. Tom Edmonds VA State Bar (Retired) Voting Pastor Larry Miles Fresh Anointing Cathedral Voting Mrs. Corell Halsey Moore Engineering PhD candidate VCU Voting Ms. Dianna Page-Lofton Community Volunteer Voting Ms. Megan Rollins Boaz & Ruth Exofficio Ms. Jo White Saving Our Youth Voting Mrs. Omega Wilson Hermitage High School Voting Board Demographics - Ethnicity African American/Black 5 Asian American/Pacific Islander 0 Caucasian 5 Hispanic/Latino 0 Native American/American Indian 0 Other 0 0 Board Demographics - Gender Male 3 Female 7 Unspecified 0 Governance Board Term Lengths 3 Board Term Limits 0 Board Meeting Attendance % 0 Written Board Selection Criteria? Written Conflict of Interest Policy? Yes Yes Percentage Making Monetary Contributions 100 6
Percentage Making In-Kind Contributions 75 Number of Full Board Meetings Annually 6 Standing Committees Board Governance Development / Fund Development / Fund Raising / Grant Writing / Major Gifts Finance Executive 7
Management Executive Director/CEO Executive Director Term Start Jan 2013 Email Mrs. Megan Rollins megan@boazandruth.com Experience Megan Rollins, President/CEO Megan Rollins stepped into the role of Interim President/CEO in January 2013 and was appointed President/CEO in June 2013, building upon six years of leadership at Boaz & Ruth, most recently as Chief Operating Officer. Megan has an in-depth knowledge of Boaz & Ruth programs, operations, and vision for the future. Prior to her role as COO, Megan served as Director of Volunteers, Events and Partnerships at Boaz & Ruth as well as the AmeriCorps Director. Personal/Professional Awards 2012 Stettinius Award for Nonprofit Leadership The purpose of the Fund is to help develop effective organizational leadership within the local charitable sector by providing professional development opportunities to nonprofit professionals who have demonstrated the potential to become the future leaders of the community. GRAVA 2011 Volunteer Administrator of the Year An annual award recognizing top leaders in the field of volunteer administration within its membership. Megan was a member of the 2011 class of the Emerging Nonprofit Leaders Program, a member of the 2009 class of the Richmond Christian Leadership Institute, and has attended several session of the Duke Divinity School Summer Institute. She holds a B.A. from Mary Baldwin College. Former CEOs Name Term Mrs. Martha Rollins Jan 2002 - Dec 2012 Senior Staff Name Mr. Paul Morgan Mrs. Megan Rollins Title Director of Training Director of Volunteers, Events & Partnerships Staff Full Time Staff 2 Part Time Staff 2 Volunteers 681 Contractors 0 Retention Rate 0 Plans Organization has a Strategic Plan? Document Destruction Policy Yes 8
Directors and Officers Insurance Policy Yes Collaborations The synergy of training, business and community activities has proven to be fertile ground for collaborations with other non-profits, government agencies, and the business and academic communities throughout greater Richmond Please review our annual reports for a complete listing of partners. City of Richmond Department of Public Works (DPW) - During this partnership, B&R hired, trained and supervised more than 200 refuse collectors, thereby expanding the number of clients we assisted with reentry, at the same time providing a stable, reliable workforce for the city. North Richmond Revitalization Coalition - a partnership of police, businesses, churches, schools, residents and nonprofits that work in unity for a common vision for North Richmond as a safe, prosperous, vibrant and caring community. City of Richmond Adult Education GED and computer classes at Boaz & Ruth for B&R trainees and the Highland Park community Richmond Police Department The department provided a life coaching grant, serves as host for our graduation ceremony, and established its Truancy Prevention Program office in our property at 3096 Meadowbridge Road. Richmond Sheriff s Department B & R was a partner in the GRIP program and provided major assistance for the Long Walk to Freedom event. The Healing Place A reciprocal agreement has been formed to meet the needs of those struggling with addiction. Affiliations Affiliation Year ConnectRichmond 2005 Homeward 2006 Awards Awards 9
Award/Recognition Organization Year CEO Martha Rollins was invited to the White House in July 2009 where President Obama recognized 100 leaders of not for profit organizations in the United States who, in his words are succeeding where others have failed; getting real, measurable results; changing the way we think about some of our toughest problems. A summer 2009 article in the Washington Times applauded our partnership with the private and public sector for the dramatic transformation in Highland Park. Among the examples of progress were increased employment, stable housing, a recidivism rate much lower than the national average, enrollment in higher education and impressive community ventures and commerce. B&R was a 2009 winner of the MetLife Foundation Community- Police Partnership Award in the community revitalization category. Our partnership was selected out of 650 applications by a panel of community development and law enforcement leaders for our effective strategy and significant accomplishments. The award is given in partnership between MetLife Foundation and LISC Community Service Initiative. The White House 2009 Washington Times 2009 MetLife Foundation 2009 Community Leader Award Henrico NAACP 2008 Community Service Award - presented by City Councilwoman Ellen Robertson Governor's Volunteerism and Community Service Award - in the category of National Service Program for its contributions to the life and welfare of the people of Virginia. The award specifically recognized B & R s partnership with AmeriCorps. 6th District of Richmond 2008 Governor of Virginia 2007 Boaz & Ruth was one of 44 national and two local recipients of Bank of America s 2007 Neighborhood Builders Award that includes leadership training and an unrestricted grant of $200,000 over two years. Bank of America 2007 Boaz & Ruth was invited to be a 2006-7 partner with the University of Richmond Center for Civic Engagement Build It a community engagement partnership targeting Highland Park. CEO Martha Rollins serves on the 15-member CCE Advisory Group. University of Richmond - Center for Civic Engagement 2006 10
B&R was awarded first prize in the 2006 national Partners in Transformation program sponsored by FASTEN (Faith and Service Technical Education) and PEW Charitable Trusts. Founding President and CEO Martha Rollins was one of 15 winners (selected from 1500 nominees) for the 2006 Purpose Prize, a national leadership award sponsored by Civic Ventures, with funding from the Atlantic Philanthropies and the John Templeton Foundation. B&R was selected as a replicable social entrepreneurial venture by Alcoa Foundation s International Learning Circle Award Phase II, which provides consulting and training from VCU, the Nonprofit Enterprise Institute and the National Center on Nonprofit Enterprise. CEO Martha Rollins was a finalist for the 2005 Stettinius Award for Nonprofit Leadership sponsored by the Community Foundation Serving Richmond and Central Virginia FASTEN & PEW Charitable Trusts 2006 Civic Ventures, Atlantic Philanthropies, John Templeton Foundation 2006 Alcoa Foundation 2006 The Community Foundation Serving Richmond & Central Virginia 2005 Veronica Kerns, B & R s first trainee and graduate, was selected for the National Governor's Association Prisoner Reentry Academy to serve on the Financial Obligations, Financial & Community Resources, & Housing Subcommittee on Reentry. Her participation impacted criminal justice policy. National Governor's Association 2005 As COO of Boaz & Ruth, Megan Rollins was awarded the Stettinius Award for Nonprofit Leadership. As Director of Volunteers, Partnerships & Events, Megan Rollins was recognized as Volunteer Administrator of the Year. The Community Foundation Serving Richmond and Central Virginia Greater Richmond Association of Volunteer Administrators 2012 2011 11
Financials Fiscal Year Jan Fiscal Year 2016 Projected Revenue $1,576,000.00 Projected Expenses $570,000.00 Endowment Value 0 Spending Policy N/A Percentage (if selected) 0% Form 990s Form 990 Form 990 Form 990 Form 990 Form 990 Form 990 Form 990 Detailed Financials Revenue and Expenses Fiscal Year 2015 2014 2013 Total Revenue $573,844 $808,585 $961,482 Total Expenses $563,634 $865,617 $1,215,734 Revenue Sources Fiscal Year 2015 2014 2013 Foundation and Corporation -- -- -- Contributions Government Contributions $51,250 $50,000 $20,000 Federal -- -- -- State -- -- -- Local -- -- -- Unspecified $51,250 $50,000 $20,000 Individual Contributions $347,074 $396,061 $449,910 Indirect Public Support -- -- -- Earned Revenue $229,569 $298,833 $359,972 Investment Income, Net of Losses $101 -- -- Membership Dues -- -- -- Special Events -- $63,691 $113,962 Revenue In-Kind -- -- $17,638 Other ($54,150) -- -- 12
Expense Allocation Fiscal Year 2015 2014 2013 Program Expense $478,574 $697,117 $996,753 Administration Expense $59,810 $134,053 $165,640 Fundraising Expense $25,250 $34,447 $53,341 Payments to Affiliates -- -- -- Total Revenue/Total Expenses 1.02 0.93 0.79 Program Expense/Total Expenses 85% 81% 82% Fundraising Expense/Contributed Revenue 6% 7% 9% Assets and Liabilities Fiscal Year 2015 2014 2013 Total Assets $2,588,327 $3,357,084 $3,488,655 Current Assets $313,117 $135,459 $149,058 Long-Term Liabilities $805,088 $1,526,992 $1,613,095 Current Liabilities $148,403 $205,466 $193,902 Total Net Assets $1,634,836 $1,624,626 $1,681,658 Short Term Solvency Fiscal Year 2015 2014 2013 Current Ratio: Current Assets/Current Liabilities 2.11 0.66 0.77 Long Term Solvency Fiscal Year 2015 2014 2013 Long-Term Liabilities/Total Assets 31% 45% 46% Top Funding Sources Fiscal Year 2015 2014 2013 Top Funding Source & Dollar Amount -- -- -- Second Highest Funding Source & Dollar -- -- -- Amount Third Highest Funding Source & Dollar Amount -- -- -- Capital Campaign Currently in a Capital Campaign? Yes Campaign Purpose We are raising capital to improve our existing facilities to a standard of excellence deserved by the Highland Park community. Goal 1641000 Dates Jan 2012 to Dec 2014 Amount Raised To Date 255000 as of Feb 2013 Capital Campaign Anticipated in Next 5 Years? No State Charitable Solicitaions Permit Permit? Yes May 2015 Comments Foundation Comments Financial information provided from audit. 13
Form 990 and audited financial statement prepared by Mitchell, Wiggins & Company. Form 990 represents the financial position of Boaz & Ruth. Audited financial statements represent the combined financial position of Boaz & Ruth and its affiliates. Revenue from "Foundations and Corporations" may also include support from individuals and churches. Created 11.30.2017. Copyright 2017 The Community Foundation Serving Richmond & Central Virginia 14