Boston Benefits Foundation Inc C/o Heritage Financial Services

Nonprofit profile at a glance

EIN
043584693
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025
Location
Westwood, MA, USA
Phone
7812550214
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$25,000
Expenses
$13,002
Assets
$465,329

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • CHARLES S BEAN III (PRESIDENT/DI)

People named in this filing

  • CHARLES S BEAN III (PRESIDENT/DI)
  • MICHAEL J GILL (TREASURER/AS)
  • CHARLES F MURPHY III (CLERK/ DIREC)

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

Community scholarships/grants

What it reported doing in 2025

Boston benefits foundation is operated exclusively for charitable, literary, religious, scientific and educational purposes. The foundation promotes and encourages educational and developmental opportunities for children from the greater boston metropolitan region.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 82
  • Sustainability: 77
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.2%; rating input score 75
  • Program expense ratio: 76.9%; rating input score 77

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 48%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 35.79; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -8.4% per year; rating input score 0; 30th percentile among comparable filings
  • Revenue growth: -4.1% per year; rating input score 0; 36th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 53rd percentile among comparable filings

Details

  • Where the money goes: 75.2% of revenue deployed · 76.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $10K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 15 filing years from 2010 to 2025
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.