Community Coalition of Melrose Inc
Nonprofit profile at a glance
- EIN
- 043489681
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Melrose, MA, USA
- Phone
- 7816404344
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Service Clubs
Reported finances
- Revenue
- $160,095
- Expenses
- $220,334
- Assets
- $130,259
- Liabilities
- $45
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Cindy Chabot (President)
- Deborah Corbett (Vice President)
People named in this filing
- Cindy Chabot (President)
- Deborah Corbett (Vice President)
- Cindy Chabot (Treasurer)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To maintain partnership among the various organizations and institutions dedicated to promoting the general safety, health, culture and quality of life for the residents of Melrose, Massachusetts.
What it reported doing in 2024
All Other AccomplishmentFriends of Melrose Drama: Advance educational goals of Melrose Drama Program and bring greater access to the visual and performing arts in the Melrose Community.Melrose Orchestrators: Foster and support students in their musical pursuits.IRaiders: Promote team building while designing, testing and competing in regional robotics competitions.
Operating model
- Revenue model
- Donor-supported. 70% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 70% for direct work, and 30% for grants.
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: 100
- Transparency & Controls: 100
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
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: -37.6%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.59; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 14.4% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 13% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 13.5% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $221K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Sustainability: Operating margin scored 3/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.