CENTERBOARD INC

EIN: 043019658 501(c)(3)

LYNN, MA

Total Revenue
$63,149,527
Total Expenses
$56,128,623
Total Assets
$47,210,035
Net Assets
$29,182,221
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
MA
Principal Officer
MARK DEJOIE
Phone
7815989417
Tax Period
2024-07-01 to 2025-06-30

CENTERBOARD INC, founded in 1988, is a mid-sized nonprofit that reported $63.1M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $56.1M left a modest 11% surplus.

Mission

(CONTINUED FROM PAGE 1) WE WORK WITH LOCAL RESIDENTS, BUSINESSES, AND ELECTED OFFICIALS TO INCREASE ECONOMIC OPPORTUNITY IN THE COMMUNITY. THROUGH THESE EFFORTS, WE SERVE OVER 1,500 PEOPLE EACH YEAR.

Program Service Accomplishments

Program 1
Expenses: $43,211,247 Revenue: $52,179,106

SCATTERED SITES FAMILY EMERGENCY SHELTER AND STABILIZATION PROGRAMS ("SSFES") THE SSFES PROGRAM CONSISTS OF APPROXIMATELY 800 UNITS IN VARIOUS LOCATIONS THROUGHOUT THE NORTH SHORE. THE UNITS ARE...

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SCATTERED SITES FAMILY EMERGENCY SHELTER AND STABILIZATION PROGRAMS ("SSFES") THE SSFES PROGRAM CONSISTS OF APPROXIMATELY 800 UNITS IN VARIOUS LOCATIONS THROUGHOUT THE NORTH SHORE. THE UNITS ARE MANAGED BY PRIVATE PROPERTY OWNERS, CENTERBOARD AND HOTEL FRANCHISES. SSFES CASE MANAGEMENT STAFF PROVIDES COMPREHENSIVE SERVICES TO HOMELESS AND MIGRANT FAMILIES. FAMILIES REFERRED TO THE SSFES PROGRAM BY THE MASSACHUSETTS DIVISION OF HOUSING AND COMMUNITY DEVELOPMENT ARE SCREENED FOR ELIGIBILITY. EXPANSION EFFORTS HAVE BEEN IN PLACE TO RESPOND TO THE INCREASE GROWTH AND HUMANITARIAN CRISIS.

Program 2
Expenses: $2,974,975 Revenue: $3,835,064

YOUNG PARENT LIVING PROGRAM ("YPLP") THE YPLP IS A RESIDENTIAL PROGRAM DESIGNED TO PROVIDE A PERMANENT AND STABLE HOME ENVIRONMENT FOR APPROXIMATELY 33 PREGNANT OR PARENTING YOUNG MOTHERS AND THEIR...

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YOUNG PARENT LIVING PROGRAM ("YPLP") THE YPLP IS A RESIDENTIAL PROGRAM DESIGNED TO PROVIDE A PERMANENT AND STABLE HOME ENVIRONMENT FOR APPROXIMATELY 33 PREGNANT OR PARENTING YOUNG MOTHERS AND THEIR CHILDREN. IN AN EMERGENCY SITUATION, THE PROGRAM MAY TEMPORARILY ACCOMMODATE THREE ADDITIONAL YOUNG MOTHERS AND THEIR CHILDREN UNTIL PERMANENT HOMES ARE FOUND. YOUNG PARENTS MUST BE REFERRED TO CENTERBOARD BY THE MASSACHUSETTS DEPARTMENT OF CHILDREN AND FAMILIES ("DCF"). EVERY YOUNG MOTHER MUST ATTEND SCHOOL REGULARLY, AND PARTICIPATE IN SKILL DEVELOPMENT. THIS STRUCTURED CURRICULUM IS BALANCED WITH A NURTURING SUPPORT SYSTEM DESIGNED TO FOSTER PHYSICAL AND SOCIAL DEVELOPMENT FOR THE RESIDENTS AND THEIR CHILDREN.

Program 3
Expenses: $1,152,606 Revenue: $1,220,084

INTENSIVE TREATMENT RESIDENCE ("ITR") THE ITR PROGRAM HOUSES YOUTH (AGES 13-18) REFERRED BY DCF AND PROVIDES RESIDENTS AN OPPORTUNITY TO LIVE IN A TRAUMA-INFORMED THERAPEUTIC, SUPPORTIVE ENVIRONMENT...

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INTENSIVE TREATMENT RESIDENCE ("ITR") THE ITR PROGRAM HOUSES YOUTH (AGES 13-18) REFERRED BY DCF AND PROVIDES RESIDENTS AN OPPORTUNITY TO LIVE IN A TRAUMA-INFORMED THERAPEUTIC, SUPPORTIVE ENVIRONMENT WHILE SAFELY ACCESSING THE COMMUNITY. ALONG WITH CLINICAL SUPPORT, THE PROGRAM ASSISTS YOUTH WITH MEETING THEIR EDUCATIONAL AND VOCATIONAL GOALS, AND PROVIDES ALL MEALS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $532,282
Program Service Revenue $62,198,046
Investment Income $252,716
Other Revenue $166,483
TOTAL REVENUE $63,149,527

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,484,461
Fundraising Expenses $382,216
Program Expenses $52,871,513
Other Expenses $39,644,162
TOTAL EXPENSES $56,128,623

Year-over-Year Comparison

2024 2023 Change
Revenue $63,149,527 $55,907,265 +0.1%
Expenses $56,128,623 $47,027,979 +0.2%
Net Income $7,020,904 $8,879,286 -0.2%
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
11
Independent Members
10
Employees
346
Volunteers
250

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
5
$579,894
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK DEJOIE CEO 40.00
Officer
$253,439 $53,978 $307,417
HEATHER HILDEBRAND COO 40.00
Officer
$230,293 $42,184 $272,477
THOMAS O'KEEFE PRESIDENT 2.00
Officer Director
$0 $0 $0
ALYSHA HILL CLERK 2.00
Officer Director
$0 $0 $0
SHAWN FORD TREASURER 2.00
Officer Director
$0 $0 $0
KEMBERLY SOUSA DIRECTOR 2.00
Director
$0 $0 $0
DOLLY MOSER DIRECTOR 2.00
Director
$0 $0 $0
LAURA BROWN DIRECTOR 2.00
Director
$0 $0 $0
MARTHA SOTIROPOULOS DIRECTOR 2.00
Director
$0 $0 $0
DONNA MARTIN DIRECTOR 2.00
Director
$0 $0 $0
JONAS SISON DIRECTOR 2.00
Director
$0 $0 $0
TRENT SANDERS DIRECTOR 2.00
Director
$0 $0 $0
AGNES MISIGAH DIRECTOR OF 40.00
Highest
$124,758 $7,048 $131,806
MARIE DREWRY BUSINESS MAN 40.00
Highest
$104,166 $34,598 $138,764
KAREN A ORSINI-SARRO DIR OF HUMAN 40.00
Highest
$118,648 $34,828 $153,476
EBONY WHITE DIR OF YOUTH 40.00
Highest
$101,041 $13,676 $114,717
MACHEL L PIPER DIR OF DEVEL 40.00
Highest
$127,383 $15,657 $143,040
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 $63,149,527 $56,128,623 $47,210,035 $7,020,904
2024 No data No data No data No data
2023 $26,186,674 $22,931,334 $29,241,319 $3,255,340
2022 $18,842,725 $16,176,753 $25,061,126 $2,665,972
2021 $17,161,793 $14,941,281 $22,928,470 $2,220,512
2020 $15,673,773 $15,280,772 $21,186,335 $393,001
2019 $15,515,772 $14,790,790 $11,452,442 $724,982
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