Marillac Residence Inc
Nonprofit profile at a glance
- EIN
- 043436894
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Wellesley, MA, USA
- Phone
- 7812372161
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $6,054,751
- Expenses
- $5,949,638
- Assets
- $5,741,951
- Liabilities
- $6,857,637
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- JACOB BROWN (EXECUTIVE DIRECTOR)
Highest reported compensation
- STEPHANIE DARTY (LPN): $150,524 total reported compensation
- JACOB BROWN (EXECUTIVE DIRECTOR): $137,261 total reported compensation
- MALORY GENEUS (CNA): $122,280 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Operating a 76-bed residential care facility providing care to the elderly and retired sisters. The mission at marillac residence calls us to provide compassionate and caring service and to create an atmosphere where all feel welcome and respected.
What it reported doing in 2024
Marillac residence promotes "aging in place" for as long as it is safe for the resident to do so. Marillac residence's programs and services are based on the five pillars of wellness: intellectual, social, spiritual, physical and emotional.marillac residence offers opportunities for learning, social engagement, religious expression, social and global justice activities, physical activity, and opportunities for personal development. Our goal is to maximize the residents' independence and provide a sense of accomplishment, well-being and confidence in their ability to maintain a meaningful quality of life.renovation completed in 2013 help to encourage resident independence. Rooms were enlarged and ensuite bathrooms added; all rooms have call bells and residents are given lifeline pendants for use in the building. Safety, health and wellness are priorities.
Operating model
- Revenue model
- Earned-program. 89% 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. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 35
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.2%; rating input score 84
- Program expense ratio: 85.7%; rating input score 86
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- 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; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.7%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 0.97; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 1.19; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 6.9%; rating input score 42; 42nd percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 23rd percentile among comparable filings
- Revenue growth: 6.7% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: -3.2% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 84.2% of revenue deployed · 85.7% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $5.1M in reported program spending
- Leadership: top reported pay $151K · 17 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $873K reported
- Consistency: 33 of 33 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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.
- Moderate — Sustainability: Operating margin scored 40/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- Moderate — Sustainability: Officer compensation ratio scored 42/100.