Binkeez for Comfort Inc
Nonprofit profile at a glance
- EIN
- 462172298
- IRS 990-EZ coverage
- 2017–2020
- Forms available
- Form 990-EZ 2020
- Location
- Shrewsbury, MA, USA
- Phone
- 5088475795
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Patient Services - Entertainment, Recreation
Reported finances
- Revenue
- $184,978
- Expenses
- $167,079
- Assets
- $72,273
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- KEVIN M POSTERRO (PRESIDENT)
People named in this filing
- KEVIN M POSTERRO (PRESIDENT)
- SUSAN POSTERRO (SECRETARY/AS)
- SUSAN POSTERRO (EXEC. DIRECT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide items and volunteers to aid in the comfort of those in a hospital, nursing home, hospice program or long term treatment center.
What it reported doing in 2020
The making and delivery of personalized hand sewn blankets.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 100
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.7%; rating input score 80
- Program expense ratio: 88.2%; rating input score 88
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 9.7%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 0.43; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: 12.5% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 13.1% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 9.2% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 79.7% of revenue deployed · 88.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $147K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2017 to 2020
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Operating margin scored 45/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.