Sherrill House Inc
Nonprofit profile at a glance
- EIN
- 042104321
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Boston, MA, USA
- Phone
- 6177312400
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Nursing, Convalescent Facilities
Reported finances
- Revenue
- $29,319,658
- Expenses
- $28,969,365
- Assets
- $24,376,968
- Liabilities
- $11,091,431
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
27 people listed
Executive titles in this filing
- PATRICK STAPLETON (PRESIDENT & CEO)
Highest reported compensation
- FELIX ELAD (RN - STAFF NURSE): $412,895 total reported compensation
- PATRICK STAPLETON (PRESIDENT & CEO): $361,139 total reported compensation
- DOMINIC NGOZI (RN - STAFF NURSE): $284,730 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Sherrill house is a non-profit, skilled nursing home maintained and operated by sherrill house, inc. An extension of the ministry of trinity church, copley square, boston, and the episcopal diocese of Massachusetts, its mission has been enhanced with the merger of assets of st. Luke's home for convalescents and the frank wood convalescents home.sherrill house provides high-quality medical, nursing and rehabilitation services on an inpatient basis to men and women without distinction as to race, creed, color or national origin. Sherrill house has established a referral system with other health care facilities in the area to ensure complete health services at all levels. It offers to local physicians and house staff a setting in which to render the best skilled care on a short-term or long-term basis. In its concern for the individual, sherrill house aims to be as broad and diverse as the needs of those it serves.
What it reported doing in 2024
Sherrill house is a nonprofit corporation that owns and operates a 182-bed skilled nursing facility located in jamaica plain, Massachusetts. Effective september 1, 2011, fourteen licensed beds were taken out of service. Sherrill house has established a referral system with other health care facilities in the area to ensure complete health services at all levels. It offers local physicians and house staff a setting in which to render the best skilled care on a short-term or long-term basis. In its concern for the individual, sherrill house aims to be as broad and diverse as the needs of those it serves.
Operating model
- Revenue model
- Earned-program. 91% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
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: 74
- Transparency & Controls: 81
- Accountability: 96
- Sustainability: 34
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.8%; rating input score 79
- Program expense ratio: 79.7%; rating input score 80
- Fundraising efficiency: $7.04 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Pass
- 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: 94.1%; rating input score 94; 27th 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: 1.2%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.84; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.45; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 8.5%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 0.7% per year; rating input score 100; 13th percentile among comparable filings
- Revenue growth: 2.1% per year; rating input score 100; 18th percentile among comparable filings
- Asset growth: -4.7% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 78.8% of revenue deployed · 79.7% of spending went to programs
- Governance: 16 of 17 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $23.1M in reported program spending
- Leadership: top reported pay $413K · 27 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $660K reported
- Consistency: 36 of 37 current checks pass · 1 finding to review
- Schedules: 10 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: 9 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
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 29/100.
- Moderate — Sustainability: Operating margin scored 39/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 27/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.