Foundation for Boston Centers for Youth & Families Inc
Nonprofit profile at a glance
- EIN
- 042602576
- IRS 990 coverage
- 2012–2021
- Forms available
- Form 990 2021
- Location
- Boston, MA, USA
- Phone
- 6176354920
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,582,366
- Expenses
- $1,046,067
- Assets
- $1,621,014
- Liabilities
- $78,001
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
14 people listed
People named in this filing
- CHRISTIAN ONUOHA (CHAIRPERSON)
- MATT MEYERSOHN (VICE-CHAIRPERSON)
- MICHAEL CHRISTOPHER (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the foundation is to support boston center for youth and families in its work to enhance the quality of life for boston residents by partnering with community center councils, agencies, and businesses to support the children, youth, individuals and families through a wide range of comprehensive programs and services according to neighborhood needs.
What it reported doing in 2021
Arts programs - bcyf's art programs are designed to develop participants' feelings of self-worth, and hopefulness as measured by creative self-expression, accomplishment and peer connections. Bcyf offers art related programs for all ages at various bcyf community centers in four areas including visual and performing arts, literary arts, digital and media arts, and design. The majority of bcyf arts programming culminates in a performance or exhibit by program participants.education - bcyf's educational programs empower residents to become proficient in basic educational disciplines, apply learning to everyday situations, and to embrace technology to improve employability. Bcyf offers a neighborhood-based network of adult education services that are offered at multiple bcyf community centers around the city in two class types: english for speakers of other languages (esol) and ged preparation. Other programs offered including various computer classes for all ages, school-aged tutoring, adult and child cooking courses, career exploration programs, and many more.
Operating model
- Revenue model
- Grant-funded. 61% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 99% 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.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 87
- Accountability: 94
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.3%; rating input score 52
- Program expense ratio: 79%; rating input score 79
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 23rd percentile among comparable filings
- Pay-setting controls: Limited
- 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; 63rd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- 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: Pass
Sustainability
- Operating margin: 33.9%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 1.55; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 82; 82nd percentile among comparable filings
Growth
- Program expense growth: 2.3% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 5.6% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: 4.4% per year; rating input score 100; 38th percentile among comparable filings
Details
- Where the money goes: 52.3% of revenue deployed · 79% of spending went to programs
- Governance: 14 of 14 board members independent · 6 of 7 filing controls reported
- Programs: 5 filed program accomplishments · $827K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 10 filing years from 2012 to 2021
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Mission deployment rate scored 52/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.