Italian Home for Children Inc

Nonprofit profile at a glance

EIN
042103799
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Jamaica Plain, MA, USA
Phone
6175243116
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Residential Mental Health Treatment

Official website

Reported finances

Revenue
$15,844,269
Expenses
$17,099,559
Assets
$9,851,569
Liabilities
$1,736,723

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

Leadership & pay

29 people listed

Executive titles in this filing

  • SUSAN KEAYS (CEO)
  • MARC DAVINO (VICE PRESIDENT OF AGENCY ADVANCEMENT)
  • DAVID MAZZA (VICE PRESIDENT OF COMPLIANCE AND PERFORMANCE IMPRO)

Highest reported compensation

  • SUSAN KEAYS (CEO): $226,177 total reported compensation
  • COLIN MURPHY YOUNG (NURSE PRACTITIONER): $165,769 total reported compensation
  • KATHERINE ANNE HALA (CHIEF STRATEGY AND PEOPLE OFFI): $147,486 total reported compensation

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

Overview

Mission

Italian home for children provides an integrated network of powerful and effective programs to help children and families with emotional, behavioral, and educational challenges thrive in their communities.

What it reported doing in 2024

Therapeutic after-school, summer and vacation programs - the therapeutic after- school program serves children and families facing social, emotional, and behavioral challenges , many of whom are returning from out-of-home placements , or are at risk for disrupting placements at school and/or home and/or who need assistance in buildingtheir capacity to utlize community supports. The program provides highly structured activities for children for whom traditional, less structured programs many not be appropriate. The program staff works closely with families, schools, and service providers to ensure that all needs are being met. Vacation camp is for 5-12 year old childrenwho are not able to be maintained at a traditional camp due to a variety of social/emotional behaviors that require a high staff ratio, small group and therapeutic interventions. This is a full day, 8 hour, camp during the summer and school vacations.

Operating model

Revenue model
Earned-program. 88% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 79
  • Accountability: 91
  • Sustainability: 24
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82%; rating input score 82
  • Program expense ratio: 76.5%; rating input score 77
  • Fundraising efficiency: $2.28 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • 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; 66th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -7.9%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.58; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 5.6%; rating input score 46; 46th percentile among comparable filings

Growth

  • Program expense growth: -0.1% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: 2.2% per year; rating input score 100; 19th percentile among comparable filings
  • Asset growth: -1.7% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 82% of revenue deployed · 76.5% of spending went to programs
  • Governance: 23 of 23 board members independent · 7 of 9 filing controls reported
  • Programs: 7 filed program accomplishments · $13.1M in reported program spending
  • Leadership: top reported pay $226K · 29 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.1M reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Financial Efficiency: Fundraising efficiency scored 8/100.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 46/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.