Refugepoint Inc
Nonprofit profile at a glance
- EIN
- 202061482
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Boston, MA, USA
- Phone
- 6178647800
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $16,372,615
- Expenses
- $13,267,075
- Assets
- $20,568,394
- Liabilities
- $808,336
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- ALEXANDER CHANOFF (FOUNDER & CEO)
Highest reported compensation
- ALEXANDER CHANOFF (FOUNDER & CEO): $262,604 total reported compensation
- ROGER SWARTZ (CHIEF OPERATING OFFICER): $234,340 total reported compensation
- C DAVID WEAVER (CHIEF FINANCIAL OFFICER): $210,566 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Refugepoint partners with refugees to access life-changing solutions and transforms how the world supports them. Refugepoint seeks to expand access to lasting solutions for refugees, especially those facing vulnerabilities who are underserved by aid systems. We expand access to long-term solutions for refugees through self-reliance, resettlement, and other pathways to safety. Refugepoint focuses on refugee populations that are at-risk, particularly those that are chronically underserved by the larger aid systems including women, children, the lgbtqi+ community, those with special medical needs, survivors of violence, and urban refugees. Through our programs we deliver services for immediate protection and to support self-reliance, build sector-wide capacity by sharing knowledge and resources to expand solutions for refugees and influence global policy and practice to transform refugee response systems to drive large scale change.
What it reported doing in 2024
Refugepoint focuses on two key programmatic areas:1. Self-reliance (host country solutions - hcs)through our self-reliance programs, we help refugees stabilize, build social and economic capital, and engage in dignified livelihoods in the countries to which they have fled so they can meet their own essential needs.2. Resettlement and other pathways to safety (third country solutions 3cs) through our 3cs programs, we help refugees who can't remain safely where they are to permanently and legally relocate to a safe, new country to rebuild their lives.refugepoint's strategies for improving the lives of refugees and thecommunities where they live are described in schedule o: as a core line of our work to support "third country solutions" forrefugees (assisting refugees in their journey from the flight fromtheir home country, to the country of asylum, and then to a thirdcountry for purposes of safety and protection), refugepoint partnerswith the un high commission for refugees (unhcr) to place refugepointstaff in key locations to assist with the identification, screening, and processing of refugees who may be eligible for resettlement. Usingthe same model, refugepoint adds private funds to extend capacity inlocations where unmet needs are identified. In addition to resettlement, staff may also engage in child protection assessments to determine the best course of action for children/minors who are in need of protection. Refugepoint also works with partners to expandopportunities for refugees by opening existing program serviceaccomplishments: pathways such as labor migration and familyreunification.refugepoint also engages in other work related to "third countrysolutions." programming centers on efforts to increase opportunitiesfor refugees to access needed protection through labor mobility, family reunification, educational opportunities and other pathways. As will all programming, we look for opportunities to pilot and demonstrate success of new programs. In addition to direct services, refugepoint identifies opportunities to build capacity for greater impact and prioritizes strategies that transform refugee response systems.in nairobi, kenya, the urban refugee protection program supportsrefugee households to become stable and to progress towardsself-reliance. With a core caseload of approximately 1,500 individuals, social workers and case managers work with clients to develop plans for achieving self-reliance. Skilled refugepoint staff deliver an integrated array of services including food, shelter, access to healthcare and education, individual and group counseling, smallbusiness start-up and others. We take advantage of existing strengthsin our nairobi programs by adding resources and establishingpartnerships to implement pilot projects and test innovative practicesin other locations. The refugee self-reliance initiative is amulti-stakeholder collaboration that promotes opportunities forrefugees around the world to become self-reliant and achieve a betterquality of life, while simultaneously advocating for the full enjoymentof their rights. The initiative was launched and is co-led byrefugepoint and women's refugee commission.
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 73% for direct work, and 27% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 58
- Accountability: 95
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69%; rating input score 69
- Program expense ratio: 83.6%; rating input score 84
- Fundraising efficiency: $16.45 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 14th 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: 1 of 8 controls in place; rating input score 12
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 72.5%; rating input score 73; 15th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 92.3%; rating input score 92; 25th percentile among comparable filings
- Governance controls: 9 of 9 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 19%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 1.55; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 85; 85th percentile among comparable filings
- Officer compensation ratio: 12.7%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 13.9% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 14.4% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 17% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 69% of revenue deployed · 83.6% of spending went to programs
- Governance: 12 of 13 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $11.1M in reported program spending
- Leadership: top reported pay $263K · 24 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $120K reported
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 10 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 10 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.
- High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
- Review — Financial Efficiency: Fundraising efficiency scored 52/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- High — Sustainability: Officer compensation ratio scored 12/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.