Elder Services of Cape Cod and the Islands Inc

Nonprofit profile at a glance

EIN
042523904
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
South Dennis, MA, USA
Phone
5083944630
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Senior Centers

Official website

Reported finances

Revenue
$67,388,194
Expenses
$65,576,633
Assets
$25,725,227
Liabilities
$6,948,988

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

Leadership & pay

26 people listed

Executive titles in this filing

  • MARY E MCKENNA (PRESIDENT)
  • MARYANNE RYAN (CEO)

Highest reported compensation

  • MARYANNE RYAN (CEO): $242,413 total reported compensation
  • JUDY SOKOLOSKI (CFO): $195,934 total reported compensation
  • KIMBERLY NAHAS (DIR OF CLINI): $149,503 total reported compensation

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

Overview

Mission

Elder services of cape cod and the islands, inc. Provides comprehensive community-based services to elders throughout cape cod and the islands. Major services include nutrition, senior aides, and various home care services.

What it reported doing in 2024

Senior care options-in partnership with fallon community health plan and tufts health plan, senior care options coordinates the health care needs of elders, along with home and community based services (meals, personal care, homemaking services, grocery shopping, laundry, pers, adj). The goal of the team approach between health plan and asap is to provide seniors with a comprehensive care plan so they may live as safely and independently in the community as possible.

Operating model

Revenue model
Grant-funded. 87% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 74% of its reported program spending out as grants.

The verdict

STRONG - 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: 83
  • Transparency & Controls: 75
  • Accountability: 86
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.7%; rating input score 93
  • Program expense ratio: 95.3%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th 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; 77th 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; 77th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.7%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.27; rating input score 59; 59th percentile among comparable filings
  • Officer compensation ratio: 1.3%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 11.9% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 11.4% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 13.1% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 92.7% of revenue deployed · 95.3% of spending went to programs
  • Governance: 21 of 21 board members independent · 6 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $62.5M in reported program spending
  • Leadership: top reported pay $242K · 26 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $124K reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 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.

  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Review — Sustainability: Liabilities to assets ratio scored 59/100.