Charlesview Charities Inc

Nonprofit profile at a glance

EIN
883028041
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Brighton, MA, USA
Phone
7817941000
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Centers to Support the Independence of Specific Populations

Reported finances

Revenue
$580,000
Expenses
$989,885
Assets
$470,818
Liabilities
$30,732

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • JO-ANN BARBOUR (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JO-ANN BARBOUR (EXECUTIVE DIRECTOR): $160,967 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Charlesview charities, inc. Is dedicated to advancing the well-being of individuals and families and promoting the diversity and vibrancy of the allston/brighton community. We do this by providing healthy, affordable homes; offering programs designed to enrich, educate and inspire; and engaging in innovative philanthropy.

What it reported doing in 2024

Operation of the rabbi abraham halbfinger and charlesview charitable fund. There are many existing resources and life-enriching relationships in the allston-brighton community. The rabbi abraham halbfinger and charlesview charitable fund aims to strengthen, deepen, and grow these resources and relationships and ensure that they benefit low- and moderate-income individuals and families who live in allston-brighton. The fund targets support in five core areas listed below.education: examples include after-school homework and enrichment programs, adult education, youth leadership development, citizenship preparation.participatory arts education: examples include youth and adult art and/or music programs, community arts projects, expressive therapies.health/mental wellness: examples include physical, social, emotional wellness programs, nutrition, disease-specific programming, substance use services, programs that address an identified health disparity in the community for individuals, families or groups.housing/shelter: examples include housing readiness programs, resident leadership and empowerment efforts, housing transition and stabilization services.workforce/asset development: examples include job readiness and training, financial literacy.the fund gives priority to nonprofit organizations that are significantly expanding services, need support in leveraging other resources to provide improved services, or require seed funding to launch a new innovation. Food insecurity has also emerged as a result of the covid-19 pandemic. As a result the fund will also support organizations providing food resources to residents in need. Annually non-profit community based organizations based in or providing services in allston/brighton are invited to submit a letter of interest to the fund. A sub- committee of the board with the guidance of the executive director and our consultants at grant makers of america, organizations that meet the mission are invited to submit full proposals that undergo a thorough review and site visit process before final recommendations are made to the full board of directors for approval.

Operating model

Revenue model
Affiliate-supported. 100% of the money available for current operations came from contributions from related organizations.
Distribution model
Grant intermediary. The nonprofit sent 72% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 72
  • Accountability: 84
  • Sustainability: 20
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.3%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -70.7%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 48; 48th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: 40.8% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: -9.7% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 12.2% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.3% of spending went to programs
  • Governance: 9 of 9 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $973K in reported program spending
  • Leadership: top reported pay $161K · 10 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 19 of 20 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 21 filed money-flow records
  • Related organizations: 22 filed related-organization links
  • 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.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 48/100.