Coastline Elderly Services Inc
Overview
Mission
Enhance the lives of seniors, caregivers and those with similar needs by assisting them to remain independent through a range of quality services.
What it reported doing in 2024
Senior care options: prevent institutionalization by offering a wide range of services to masshealth/medicaid eligible elders.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 72% of its reported program spending out as grants.
Nonprofit profile at a glance
- EIN
- 042622121
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Headquarters
- New Bedford, MA, USA
- Rating
- 84
- 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. Fundraising costs are high for each dollar raised and the filing reports few safeguards for setting executive pay.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 80
- Accountability: 95
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.4%; rating input score 90
- Program expense ratio: 94.6%; rating input score 95
- Fundraising efficiency: $7.54 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 19th 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; 48th 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; 76th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 3.9%; rating input score 52; 52nd percentile among comparable filings
- Operating reserve ratio: 0.49; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.44; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 2.2%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: 9.9% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 9.5% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 14.4% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 90.4% of revenue deployed · 94.6% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $52.7M in reported program spending
- Leadership: top reported pay $242K · 22 people listed · 2 of 6 pay-setting controls reported
- Consistency: 30 of 31 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 annual filings from 2010 to 2024
- Money network: 20 filed money-flow records
- Related organizations: 13 filed related-organization links