Senior Citizens Fund of Newton Inc

Overview

Mission

To promote the physical, mental, social, and economic well-being of all citizens of newton, with special emphasis on those residents over 55 years of age, by such means as the directors, in their judgment, decide.to raise, through solicitation or otherwise, collect and receive funds and bequests, and to administer such funds and bequests for its purposes.to purchase, hold, lease, mortgage, and convey such real estate and personal property as may be necessary or incidental to the purposes of the corporation.to receive, hold, and administer gifts of propertyreal, personal, and mixedand generally to perform such lawful acts as are permitted by chapter 180 of the general laws, provided that no direct benefit inures to the private benefit of any member or officer.to provide for the entertainment and travel of elderly by offering necessary assistance to defray the cost of such entertainment or travel, in whole or in part.

Operating model

Revenue model

Donor-supported. 87% of the money available for current operations came from contributions and gifts.

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

STRONG - 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: 100
• Transparency & Controls: 100
• Sustainability: 59
• Growth: 80

Detailed rating inputs

Details

• Where the money goes: 100% of revenue deployed · 100% of spending went to programs
• Governance: Filed governance answers
• Accomplishments: 1 filed program accomplishment · $46K in reported program spending
• Leadership: top reported pay $0 · 5 people listed
• Consistency: 8 of 8 current checks pass
• Schedules: 3 filed schedules
• Filing history: 4 filing years from 2021 to 2024
• Contacts: How to reach this organization
• Money network: Resolved incoming and outgoing counterparties from filed money flows.
• 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 43/100.
• High — Growth: Asset growth scored 0/100.
• Review — Sustainability: Officer compensation ratio scored 56/100.