CENTRAL BOSTON ELDER SERVICES INC (EIN 042546441) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

SYLVIA EXANTUS

Phone

6172777416

Tax Period

2022-07-01 to 2023-06-30

CENTRAL BOSTON ELDER SERVICES INC, founded in 1974, is a mid-sized nonprofit in the Human Services sector that reported $86.9M in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE HOME CARE SERVICES, REFERRALS AND ADVOCACY TO THE ELDERLY POPULATION LOCATED IN THE BOSTON AREA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $16,072

Program Service Revenue $86,559,370

Investment Income $199,182

Other Revenue $105,070

TOTAL REVENUE $86,879,694

Expense Breakdown

Grants Paid $68,189,723

Salaries & Benefits $15,402,934

Fundraising Expenses $0

Program Expenses $82,106,193

Other Expenses $3,079,907

TOTAL EXPENSES $86,672,564

Year-over-Year Comparison

	2022	2021	Change
Revenue	$86,879,694	$78,568,134	+0.1%
Expenses	$86,672,564	$77,451,871	+0.1%
Net Income	$207,130	$1,116,263	-0.8%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

168

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$301,152

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SELWYN M ECCLES	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TONY FRANCIS	DIRECTOR	1.00	Director	$0	$0	$0
ROYAL BOLLING JR	PRESIDENT	1.00	Officer Director	$0	$0	$0
RONALD PIERRE-LOUIS	TREASURER	1.00	Officer Director	$0	$0	$0
ROSA BEATO	DIRECTOR	1.00	Director	$0	$0	$0
NANCY DICKERSON	DIRECTOR	1.00	Director	$0	$0	$0
PEARLINE WILLIAMSON	DIRECTOR	1.00	Director	$0	$0	$0
MONIKA WAHI	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL ROPER	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE B LA POINTE	DIRECTOR	1.00	Director	$0	$0	$0
MARY KY LEE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID MOY	CLERK	1.00	Officer Director	$0	$0	$0
RIMMA ZELFAND	DIRECTOR	1.00	Director	$0	$0	$0
BEVERLY A GRAY	DIRECTOR	1.00	Director	$0	$0	$0
LEONARD LEE	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA M CHASE	DIRECTOR	1.00	Director	$0	$0	$0
SYLVIA EXANTUS	EXECUTIVE DIRECTOR	40.00	Officer	$226,530	$42,282	$268,812
FERNANDO JOVES	CHIEF FINANCIAL OFFICER	40.00	Officer	$26,856	$5,484	$32,340
DOREEN LINDSAY	DIRECTOR OF HUMAN RESOURCES	40.00	Highest	$151,259	$25,908	$177,167
MILA LATINO	DIRECTOR OF LTSS	40.00	Highest	$137,747	$24,704	$162,451
JEAN SIMONE LOPEZ	DIRECTOR OF CLINICAL SERVICES	40.00	Highest	$133,218	$27,363	$160,581
MARK PASHOIAN	CONTROLLER	40.00	Highest	$140,196	$26,718	$166,914

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$86,879,694	$86,672,564	$40,431,608	$207,130
2022	$78,568,134	$77,451,871	$38,452,773	$1,116,263
2021	$71,391,953	$67,355,933	$36,084,793	$4,036,020
2020	$68,813,916	$68,567,013	$33,450,927	$246,903
2019	$67,442,633	$67,550,571	$30,594,818	$-107,938
2018	$62,077,925	$62,000,124	$29,797,627	$77,801

CENTRAL BOSTON ELDER SERVICES INC