FOUNDATION FOR BOSTON CENTERS FOR YOUTH & FAMILIES INC

EIN: 042602576 501(c)(3)

BOSTON, MA

Total Revenue
$1,582,366
Total Expenses
$1,046,067
Total Assets
$1,621,014
Net Assets
$1,543,013
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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
MA
Principal Officer
CHRISTIAN ONOUHA
Phone
6176354920
Tax Period
2021-07-01 to 2022-06-30

FOUNDATION FOR BOSTON CENTERS FOR YOUTH & FAMILIES INC, founded in 1976, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2021. Revenue surged 118% from the prior year, signaling strong growth momentum. The organization ran a surplus of $536K, a strong 34% operating margin.

Mission

THE MISSION OF THE FOUNDATION IS TO SUPPORT BOSTON CENTER FOR YOUTH AND FAMILIES IN ITS WORK TO ENHANCE THE QUALITY OF LIFE FOR BOSTON RESIDENTS BY PARTNERING WITH COMMUNITY CENTER COUNCILS, AGENCIES, AND BUSINESSES TO SUPPORT THE CHILDREN, YOUTH, INDIVIDUALS AND FAMILIES THROUGH A WIDE RANGE OF COMPREHENSIVE PROGRAMS AND SERVICES ACCORDING TO NEIGHBORHOOD NEEDS.

Program Service Accomplishments

Program 1
Expenses: $272,220

COMMUNITY AND CIVIC ENGAGEMENT - PROGRAMS FOR VARIOUS YOUTH LEADERSHIP DEVELOPMENT OPPORTUNITIES TO COMMUNITY SERVICE PROJECTS FOR BOTH YOUTH AND ADULTS.

Program 2
Expenses: $239,023

YOUTH EMPLOYMENT - BCYF EMPLOYS OVER 400 TEENS DURING THE SUMMER MONTHS. THESE OPPORTUNITIES VARY SLIGHTLY FROM SUMMER TO SUMMER, BUT RANGE FROM APPRENTICESHIPS IN BCYF COMPUTER LABS, POSITIONS WITH...

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YOUTH EMPLOYMENT - BCYF EMPLOYS OVER 400 TEENS DURING THE SUMMER MONTHS. THESE OPPORTUNITIES VARY SLIGHTLY FROM SUMMER TO SUMMER, BUT RANGE FROM APPRENTICESHIPS IN BCYF COMPUTER LABS, POSITIONS WITH BCYF RECREATION DIVISION, LIFEGUARDING AT BCYF POOLS, JUNIOR COUNCILORS AT BCYF SUMMER CAMPS AND MANY OTHER MEANINGFUL OPPORTUNITIES. EACH BCYF EMPLOYMENT OPPORTUNITY IS DESIGNED TO HELP TEENS DEVELOP THEIR OWN UNIQUE SKILLS AND COMPENTENCIES, WHILE TEACHING IMPORTANT CAREER READINESS SKILLS IN A SUPPORTIVE ENVIRONMENT.

Program 3
Expenses: $152,527 Revenue: $2,755

SPORTS, RECREATION AND HEALTH PROGRAMS - BCYF'S RECREATION DIVISION OFFERS A VARIETY OF INNOVATIVE RECREATIONAL ACTIVITIES, SPORTS, AND TRAININGS YEAR-ROUND TO ADDRESS THE PHYSICAL FITNESS, HEALTH...

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SPORTS, RECREATION AND HEALTH PROGRAMS - BCYF'S RECREATION DIVISION OFFERS A VARIETY OF INNOVATIVE RECREATIONAL ACTIVITIES, SPORTS, AND TRAININGS YEAR-ROUND TO ADDRESS THE PHYSICAL FITNESS, HEALTH, AND SOCIAL ENRICHMENT NEEDS OF ALL BOSTON RESIDENTS. THE RECREATION DIVISION PROVIDES PROGRAMMING FOR ALL AGES WITH A PRIMARY FOCUS ON PROVIDING A BROAD RANGE OF ACTIVITIES FOR ALL YOUTH AGES 6-18 IN SAFE AND SECURE SETTINGS. BCYF RECREATIONAL ACTIVITIES ARE AVAILABLE CITY-WIDE, ENSURING EASY ACCESS FOR ALL. THE FOUNDATION FOSTERS STRONG PARTNERSHIPS WITH LOCAL COLLEGES AND UNIVERSITIES, PROFESSIONAL SPORTS TEAMS, THE BUSINESS COMMUNITY, AND OTHER AGENCIES AND DEPARTMENTS TO BRING IN SUPPORT AND EXPERTISE. A PLETHORA OF ELDER SERVICES, HEALTH SCREENINGS, AND OTHER PROGRAMS DEFINED BY NEIGHBORHOOD NEEDS ARE ALSO AVAILABLE.

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

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $1,524,351
Program Service Revenue $58,015
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,582,366

Expense Breakdown

Grants Paid $4,955
Salaries & Benefits $370,512
Fundraising Expenses $0
Program Expenses $826,793
Other Expenses $670,600
TOTAL EXPENSES $1,046,067

Year-over-Year Comparison

2021 2020 Change
Revenue $1,582,366 $725,582 +1.2%
Expenses $1,046,067 $1,008,045 +0.0%
Net Income $536,299 $-282,463 -2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
27
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
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTIAN ONUOHA CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MATT MEYERSOHN VICE-CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MICHAEL CHRISTOPHER DIRECTOR 1.00
Officer Director
$0 $0 $0
ANGELA HOLM CLERK 1.00
Officer Director
$0 $0 $0
ARTHUR DEYCH DIRECTOR 1.00
Director
$0 $0 $0
CLAIRE DURANT DIRECTOR 1.00
Director
$0 $0 $0
NIA GRACE DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM GROSS DIRECTOR 1.00
Director
$0 $0 $0
HEATHER MACFARLANE DIRECTOR 1.00
Director
$0 $0 $0
LEO RUSK DIRECTOR 1.00
Director
$0 $0 $0
KEN RYAN DIRECTOR 1.00
Director
$0 $0 $0
MARCITA THOMPSON DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL DORSEY DIRECTOR 1.00
Director
$0 $0 $0
KITTRICC ROSSER DIRECTOR 1.00
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
2022 $1,582,366 $1,046,067 $1,621,014 $536,299
2021 $725,582 $1,008,045 $1,066,611 $-282,463
2020 $1,241,242 $1,522,769 $1,323,087 $-281,527
2019 $1,738,176 $1,541,249 $1,614,633 $196,927
2018 $1,300,923 $1,103,932 $1,481,423 $196,991
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