Seacoast Affiliated Group Practice Inc
Nonprofit profile at a glance
- EIN
- 043485648
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Charlestown, MA, USA
- Phone
- 7817448924
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Reproductive Health Care Facilities and Allied Services
- Affiliation
- Christianity
Reported finances
- Revenue
- $12,909,246
- Expenses
- $19,743,807
- Assets
- $4,987,764
- Liabilities
- $29,586,031
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
42 people listed
Executive titles in this filing
- SHORETT PETER (TTEE, CEO DESIG; BILH SR EVP & COO)
- FOCHT MD GLENN (PRESIDENT & TRUSTEE)
- TABB MD KEVIN (CHIEF EXECUTIVE OFFICER (CEO, BILH))
- BARKER JD MHA ALEX (PRESIDENT, BILH MEDICAL GROUP)
- ROBERTSON MPH CATHARINE (VICE PRESIDENT, OPERATIONS)
- GOLDSTEIN MARK (FORMER PRESIDENT AND TRUSTEE)
Highest reported compensation
- TABB MD KEVIN (CHIEF EXECUTIVE OFFICER (CEO, BILH)): $4,734,371 total reported compensation
- RIOS CINDY (TREAS (EXECUTIVE VP AND CFO, BILH)): $3,594,703 total reported compensation
- SHORETT PETER (TTEE, CEO DESIG; BILH SR EVP & COO): $1,471,471 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o
Operating model
- Revenue model
- Earned-program. 96% 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 67
- Accountability: 77
- Sustainability: 2
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 76.2%; rating input score 76; 14th 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: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -52.9%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.25; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 5.93; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 42.9%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: 0.9% per year; rating input score 100; 14th percentile among comparable filings
- Revenue growth: -1.9% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: 0.7% per year; rating input score 100; 13th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 16 of 21 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $19.7M in reported program spending
- Leadership: top reported pay $4.7M · 42 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $11.8M reported
- Consistency: 26 of 26 current checks pass
- Schedules: 5 filed schedules · includes executive pay and related organizations
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 80 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.
- High — Sustainability: Officer compensation ratio scored 1/100.