Bamsi
Legal name: Brockton Area Multi-services Inc
Nonprofit profile at a glance
- EIN
- 042562377
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Brockton, MA, USA
- Phone
- 508-584-4357
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Group Homes
Reported finances
- Revenue
- $133,776,599
- Expenses
- $133,320,246
- Assets
- $73,465,228
- Liabilities
- $44,929,713
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- PETER EVERS (PRESIDENT AND CEO)
Highest reported compensation
- PETER EVERS (PRESIDENT AND CEO): $440,136 total reported compensation
- PETER KASSIS (CMO): $355,162 total reported compensation
- DENNIS ORSINGER (CFO): $236,159 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Serve Massachusetts since 1975. BAMSI is committed to diversity, equity, inclusion, justice, and access for all; to creating a holistic system of care that meets people where they are; and abolishing the stigmas surrounding mental illness, disability, and addiction. At its core, BAMSI is about building connections with people and services. BAMSI transforms lives by building the capacity of individuals, families, organizations, and communities to learn, thrive, and achieve their goals.
What it reported doing in 2024
Mental health programs provide outpatient mental health counseling to approximately 1765 individuals at a clinic, in outreach locations, or an in-home therapy. Additional services for approximately 318 individuals also include residential homes and independent living support for those with mental health challenges; employment support, therapeutic day programs. Services are also provided to approximately 1,020 youth with mental health challenges and their families.
Operating model
- Revenue model
- Earned-program. 95% of the money available for current operations came from fees and other program revenue.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
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: 86
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.8%; rating input score 89
- Program expense ratio: 89.4%; rating input score 89
- Fundraising efficiency: $24.85 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.3%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.55; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.61; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 1.5%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 5.2% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 5.9% per year; rating input score 100; 51st percentile among comparable filings
- Asset growth: 8.6% per year; rating input score 100; 62nd percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site
- Where the money goes: 88.8% of revenue deployed · 89.4% of spending went to programs
- Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $119.2M in reported program spending
- Leadership: top reported pay $440K · 24 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $749K reported
- Consistency: 31 of 32 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- 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.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 27/100.