Central Boston Elder Services Inc
Overview
Mission
To provide home care services, referrals and advocacy to the elderly population located in the boston area.
What it reported doing in 2024
Other programs - other programs include but are not limited to the enhanced community options program, clinical assessment and eligibility program, protective services program and other corporate initiatives. All of these programs are designed to provide vital services to the elderly population in the boston area.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 82% of its reported program spending out as grants.
Nonprofit profile at a glance
- EIN
- 042546441
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Headquarters
- Boston, MA, USA
- Rating
- 86
- 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. Expenses are high relative to revenue and available reserves provide a limited financial cushion.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 76
- Accountability: 93
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.9%; rating input score 94
- Program expense ratio: 94.2%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 24th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- 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: 87.5%; rating input score 88; 32nd 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: -0%; rating input score 27; 27th percentile among comparable filings
- Operating reserve ratio: 0.43; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.43; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 1%; rating input score 75; 75th percentile among comparable filings
Growth
- Program expense growth: 7.6% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 7.1% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 4% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: 93.9% of revenue deployed · 94.2% of spending went to programs
- Governance: 7 of 8 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $99.6M in reported program spending
- Leadership: top reported pay $322K · 13 people listed · 1 of 6 pay-setting controls reported
- Consistency: 28 of 29 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 annual filings from 2011 to 2024
- Money network: 5 filed money-flow records
- Related organizations: 3 filed related-organization links