Somerville Hospital
Overview
Mission
Provided management and support personnel to and held the real estate for its parent cha, in furtherance of cha's mission. Please see schedule o for remainder of disclosure.
What it reported doing in 2019
See schedule o
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 042103852
- IRS 990 coverage
- 2009–2019
- Forms available
- Form 990 2019
- Headquarters
- Malden, MA, USA
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some related-organization disclosures are missing.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 60
- Accountability: 28
- Sustainability: 19
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.4%; rating input score 84
- Program expense ratio: 84.4%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 72nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Scored; rating input score 0
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 4th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 0%; rating input score 29; 29th percentile among comparable filings
- Operating reserve ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 3.9%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: 0.4% per year; rating input score 100; 15th percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: -3.4% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 84.4% of revenue deployed · 84.4% of spending went to programs
- Governance: 0 of 3 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $99.3M in reported program spending
- Leadership: top reported pay $784K · 16 people listed · 0 of 6 pay-setting controls reported
- Consistency: 27 of 27 current checks pass
- Schedules: 6 filed schedules · includes executive pay and related organizations
- Filing history: 11 annual filings from 2009 to 2019
- Money network: 12 filed money-flow records
- Related organizations: 6 filed related-organization links