Medical Care of Boston Management Corp
Overview
Mission
See schedule o.
What it reported doing in 2023
See schedule o
Operating model
- Revenue model
- Earned-program. 92% 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
- 042810972
- IRS 990 coverage
- 2009–2023
- Forms available
- Form 990 2023, Form 990-T 2023
- Headquarters
- Charlestown, MA, USA
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospitals
- Affiliation
- Christianity
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 71
- Accountability: 37
- Sustainability: 8
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 71st 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: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
- 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: 7 of 9 controls in place; rating input score 88
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -43.3%; rating input score 1; 1st percentile among comparable filings
- Operating reserve ratio: 0.26; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0.97; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 3.3%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: 5.9% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: 4% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: 8% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 89% of spending went to programs
- Governance: 0 of 2 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $148.7M in reported program spending
- Leadership: top reported pay $1.7M · 19 people listed · 0 of 6 pay-setting controls reported
- Consistency: 28 of 28 current checks pass
- Schedules: 7 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 15 annual filings from 2009 to 2023
- Money network: 9 filed money-flow records
- Related organizations: 79 filed related-organization links