CARIBBEAN FOUNDATION OF BOSTON INC

EIN: 042566212 501(c)(3) Human Services

DORCHESTER, MA

Total Revenue
$3,462,829
Total Expenses
$3,062,994
Total Assets
$3,685,413
Net Assets
$3,583,649
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
MA
Principal Officer
BEULAH PROVIDENCE
Phone
6174451228
Tax Period
2024-07-01 to 2025-06-30

CARIBBEAN FOUNDATION OF BOSTON INC, founded in 1973, is a community nonprofit in the Human Services sector that reported $3.5M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $3.1M left a modest 12% surplus.

Mission

THE FOUNDATION PROVIDES HOMEMAKING, HOME HEALTH AIDE, CHORE AND PERSONAL SERVICES TO THE ELDERLY AND DISABLED.

Program Service Accomplishments

Program 1
Expenses: $2,216,954 Revenue: $2,901,690

HOMEMAKING AND HOME HEALTH AIDES- PROVIDES PERSONAL CARE AND HOUSEKEEPING SERVICE TO THE ELDERLY AND DISABLED. PROVIDED OVER 90,000 HOURS OF SERVICES TO ELDERY CLIENTS WITHIN THE BOSTON AREA. THE...

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HOMEMAKING AND HOME HEALTH AIDES- PROVIDES PERSONAL CARE AND HOUSEKEEPING SERVICE TO THE ELDERLY AND DISABLED. PROVIDED OVER 90,000 HOURS OF SERVICES TO ELDERY CLIENTS WITHIN THE BOSTON AREA. THE AGENCY WAS ABLE TO PROVIDE FAMILIAR AND RELIABLE ASSISTANCE IN A FRAIL POPULATION THAT IS CONSTANTLY DEALING WITH MULTIPLE LOSSES OF FUNCTIONAL ABILITY, INDEPENDENCE AND FRIENDS.

Program 2
Expenses: $186,564

FRIENDLY VISITORS- A PROGRAM CREATED TO ADDRESS THE SUPPORT AND SOCIAL NEEDS OF VULNERABLE, LOW-INCOME ELDERS AND DISABLED CITIZENS WHO ARE NOT ELIGIBLE FOR ADEQUATE HOMECARE.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $494,498
Program Service Revenue $2,901,690
Investment Income $78,796
Other Revenue $-12,155
TOTAL REVENUE $3,462,829

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,490,098
Fundraising Expenses $44,247
Program Expenses $2,403,518
Other Expenses $572,896
TOTAL EXPENSES $3,062,994

Year-over-Year Comparison

2024 2023 Change
Revenue $3,462,829 $2,673,462 +0.3%
Expenses $3,062,994 $2,659,827 +0.2%
Net Income $399,835 $13,635 +28.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
7
Employees
102
Volunteers
N/A

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
3
$94,966
Total Directors
8
$94,966
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEULAH PROVIDENCE PRES/ EXEC D 40.00
Officer Director
$84,050 $10,916 $94,966
GWENDOLYN BROWN DIRECTOR 2.00
Director
$0 $0 $0
JOYCE DURST DIRECTOR 2.00
Director
$0 $0 $0
MARCIA FEARON DIRECTOR 2.00
Director
$0 $0 $0
ROHDA JOHNSON DIRECTOR 2.00
Director
$0 $0 $0
CAROLYN THOMPSON CLERK 2.00
Officer Director
$0 $0 $0
RICKIE THOMPSON TREASURER 4.00
Officer Director
$0 $0 $0
LAURA YOUNGER DIRECTOR 2.00
Director
$0 $0 $0
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 $3,462,829 $3,062,994 $3,685,413 $399,835
2024 $2,673,462 $2,659,827 $3,134,772 $13,635
2023 $2,446,097 $2,329,462 $3,098,369 $116,635
2022 $2,180,452 $2,236,977 $2,986,927 $-56,525
2021 $2,235,723 $2,219,215 $3,022,551 $16,508
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