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

Official website

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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