Boomers Collaborative Foundation
Nonprofit profile at a glance
- EIN
- 814425776
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Austin, TX, USA
- Phone
- 5126267728
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Public, Society Benefit N.E.C.
Reported finances
- Revenue
- $62,159
- Expenses
- $13,083
- Assets
- $53,129
- Liabilities
- $376
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Carol Lilly (Founder/President; Acting Treasurer; Director)
- Chad Wallace (Vice President; Director)
People named in this filing
- Carol Lilly (Founder/President; Acting Treasurer; Director)
- Chad Wallace (Vice President; Director)
- Anna Buchanan (Secretary; Director)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We advocate for mixed-use, shared-equity housing for seniors within urban Equitable Transit-Oriented Developments (ETODs) or other walkable urban village settings. We inform the public about the limited-equity cooperative housing model-its benefits to seniors and value to society-and how it addresses the affordable housing, urban mobility, social isolation, and ongoing economic opportunity needs of the many seniors at risk of outliving their savings. We actively pursue the development of and participation in a demonstration project.
What it reported doing in 2025
In 2025, Boomers Collaborative Foundation substantially advanced its charitable and educational work to support development of a mixed-use, shared-equity housing model for seniors in urban Equitable Transit-Oriented Developments (ETODs) and other walkable urban village settings. BCF participated in the second year of the Community Land Trust Accelerator and received a $60,000 year-end grant to complete a market study for its proposed senior limited-equity housing cooperative model. Before year-end, BCF completed the data collection phase for the study, including outreach and engagement needed to assess community interest, prospective member demand, and the model's relevance to seniors at risk of outliving their savings. BCF also continued public education, stakeholder engagement, and project planning related to limited-equity cooperative housing. This included informing prospective members, community partners, housing stakeholders, public officials, and interested members of the public about the benefits of the model for seniors and its broader value in addressing affordable housing, urban mobility, social isolation, and ongoing economic opportunity. BCF maintained and used its website as a public education and communication platform for sharing information about the model, engaging prospective members and stakeholders, and supporting outreach related to the market study and demonstration-project framework. BCF refined its planning materials and continued developing the groundwork needed to move from concept validation toward a market-informed demonstration project. Because the grant was received near year-end, most market study expenses will be incurred in 2026.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 19
- Transparency & Controls: 100
- Sustainability: 73
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 7.9%; rating input score 8
- Program expense ratio: 37.7%; rating input score 38
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 79%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 4.06; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 38.2%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 7.9% of revenue deployed · 37.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Financial Efficiency: Mission deployment rate scored 8/100.
- Moderate — Financial Efficiency: Program expense ratio scored 38/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.