Family Service Association of Greater Boston

Nonprofit profile at a glance

EIN
042160528
IRS 990 coverage
2011–2021
Forms available
Form 990 2021
Location
Boston, MA, USA
Phone
6175236400
Rating confidence
Limited
Sector
Family Services

Official website

Reported finances

Revenue
$0
Expenses
$282,282
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • JEFF KATZ (INTERIM EXECUTIVE DIRECTOR)
  • EVELYN V MORENO (PRESIDENT (UNTIL 11/23/2021))

Highest reported compensation

  • JEFF KATZ (INTERIM EXECUTIVE DIRECTOR): $46,050 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

As a result of an affidavit of compliance of plaintiff (family services association of greater boston), and the affidavit of receipt of defendants and trustee as authorized by an interlocutory order of the honorable supreme judicial court on june 9, 2021, it was ordered, adjudged and decreed, that the defendants as named as successors to any funds, property, assets or interest of plaintiff (family services association of greater boston), to be used for the purposes specified in the court's interlocutory order (for the defendants), and that plaintiff, family service association of greater boston, was hereby dissolved, date november 23, 2021.

What it reported doing in 2021

Final program (teen living program/family independence) was terminated on 6/30/20. Fsgb has no programs and therefore no revenue for such during fy 2021.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 26
  • Sustainability: 3
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

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

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 16.3%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: -26.1% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -18.6% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: -10.3% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $46K · 7 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 11 filing years from 2011 to 2021
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Program expense ratio scored 0/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • High — Growth: Asset growth scored 0/100.