The B Fund
Nonprofit profile at a glance
- EIN
- 472311968
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2016
- Location
- Boston, MA, USA
- Phone
- 6176807173
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $52,213
- Expenses
- $23,696
- Assets
- $82,442
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- KATHLEEN VANDERNOOT (PRESIDENT)
People named in this filing
- KATHLEEN VANDERNOOT (PRESIDENT)
- MARC RECHT (CLERK)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Programs for medical research, patient care and disease management.
What it reported doing in 2024
Ran programs and events for the general public and patients for education and support for medical research, patient care, and pediatric disease management.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 43% for direct work, and 57% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 37
- Transparency & Controls: 100
- Sustainability: 81
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 25.3%; rating input score 25
- Program expense ratio: 55.7%; rating input score 56
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 54.6%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 3.48; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -14.5% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: -11% per year; rating input score 0; 23rd percentile among comparable filings
- Asset growth: 3.2% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: 25.3% of revenue deployed · 55.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $13K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 25/100.
- Review — Financial Efficiency: Program expense ratio scored 56/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.