Self Help Inc
Overview
Mission
To reduce poverty, increase self-sufficiency and improve the community by providing resources for people to create healthier, better lives and achieve their full potential.
What it reported doing in 2023
Head start program provides education, health, nutrition and social services to pre-school children ages 2 years and 9 months through 5 years of age from income eligible families. Other childcare services include programs from the commonwealth of Massachusetts that provide a preschool curriculum similar to head start and receive nutritious meals as well.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 52% for direct work, and 48% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 042376180
- IRS 990 coverage
- 2009–2023
- Forms available
- Form 990 2023
- Headquarters
- Brockton, MA, USA
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Available reserves provide a limited financial cushion and the filing reports few safeguards for setting executive pay.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 80
- Accountability: 100
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.4%; rating input score 92
- Program expense ratio: 96.3%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 24th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 78th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 4.1%; rating input score 56; 56th percentile among comparable filings
- Operating reserve ratio: 0.26; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0.47; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 2.1%; rating input score 53; 53rd percentile among comparable filings
Growth
- Program expense growth: 8.5% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 3.8% per year; rating input score 100; 27th percentile among comparable filings
Details
- Where the money goes: 92.4% of revenue deployed · 96.3% of spending went to programs
- Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $48.8M in reported program spending
- Leadership: top reported pay $164K · 23 people listed · 2 of 6 pay-setting controls reported
- Consistency: 35 of 36 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 annual filings from 2009 to 2023
- Money network: 7 filed money-flow records