BOSTON HEALTH CARE FOR THE HOMELESS PROGRAM INC (EIN 043160480) - 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

1985

Legal Domicile

Principal Officer

STAN MCLAREN

Phone

8576541000

Tax Period

2023-07-01 to 2024-06-30

BOSTON HEALTH CARE FOR THE HOMELESS PROGRAM INC, founded in 1985, is a mid-sized nonprofit in the Human Services sector that reported $92.5M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF THE BOSTON HEALTH CARE FOR THE HOMELESS PROGRAM (BHCHP) IS TO PROVIDE OR ASSURE ACCESS TO THE HIGHEST QUALITY HEALTH CARE FOR ALL INDIVIDUALS AND FAMILIES EXPERIENCING HOMELESSNESS IN OUR COMMUNITY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $26,039,008

Program Service Revenue $64,298,158

Investment Income $2,159,748

Other Revenue $-7,690

TOTAL REVENUE $92,489,224

Expense Breakdown

Grants Paid $0

Salaries & Benefits $59,894,024

Fundraising Expenses $1,190,941

Program Expenses $74,645,988

Other Expenses $31,719,152

TOTAL EXPENSES $91,613,176

Year-over-Year Comparison

	2023	2022	Change
Revenue	$92,489,224	$80,334,496	+0.2%
Expenses	$91,613,176	$80,161,446	+0.1%
Net Income	$876,048	$173,050	+4.1%

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

779

Volunteers

129

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

$1,553,761

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRETT PAINCHAUD	CHAIR (UNTIL 1/9/24)	0.90	Officer Director	$0	$0	$0
BARBARA BLAKENEY	VICE CHAIR/CHAIR (AS OF 1/10/24)	0.70	Officer Director	$0	$0	$0
STEVE TRINGALE	TREASURER	0.50	Officer Director	$0	$0	$0
THOMAS DEHNER	BOARD MEM./VICE CHAIR (AS OF 2/13/24)	1.00	Officer Director	$0	$0	$0
DEREK WINBUSH	BOARD MEMBER	0.50	Director	$0	$0	$0
VALERIA RAMDIN	BOARD MEMBER	0.50	Director	$0	$0	$0
SARA REID	BOARD MEMBER	0.50	Director	$0	$0	$0
JEAN TEMPLE	BOARD MEMBER (UNTIL 6/2024)	0.40	Director	$0	$0	$0
DEION HAWKINS	BOARD MEMBER (AS OF 7/11/2023)	0.50	Director	$0	$0	$0
PAUL SELIAN	BOARD MEMBER (AS OF 7/11/2023)	0.60	Director	$0	$0	$0
STEVEN WALSH	BOARD MEMBER	0.50	Director	$0	$0	$0
LISA RUBINSTEIN MD	BOARD MEMBER	1.00	Director	$0	$0	$0
JOANNE GUARINO	BOARD MEMBER	0.50	Director	$0	$0	$0
RYAN O'DONNELL	BOARD MEMBER	0.50	Director	$0	$0	$0
FRANCIS HYATT	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHANIE COLLINS SULLIVAN	CEO (UNTIL 10/31/2023)	40.00	Officer	$392,442	$11,940	$404,382
DENISE DE LAS NUECES	CHIEF MEDICAL OFFICER/INTERIM CEO	40.00	Officer	$295,142	$40,633	$335,775
AGNES LEUNG	CHIEF FINANCIAL OFFICER	40.00	Officer	$235,003	$36,186	$271,189
PETER C SMITH	MEDICAL DIRECTOR	40.00	Officer	$270,418	$41,738	$312,156
BARBARA GILES	CHIEF OPERATING OFFICER	40.00	Officer	$195,743	$34,516	$230,259
JAMES O'CONNELL	PRESIDENT	40.00	Officer	$0	$0	$0
JESSIE GAETA	PHYSICIAN	40.00	Highest	$289,268	$43,010	$332,278
JOANNA D'AFFLITTI	MEDICAL DIRECTOR OF RESPITE PROGRAMS	40.00	Highest	$236,316	$34,564	$270,880
ESTHER VALDEZ	PSYCHIATRIST	40.00	Highest	$290,069	$43,072	$333,141
JENNIFER BRODY	DIRECTOR, HIV SERVICES	40.00	Highest	$250,841	$37,913	$288,754
CASSIS HENRY	PSYCHIATRIST	40.00	Highest	$228,067	$38,420	$266,487
BARRY BOCK	FORMER CEO	40.00		$265,283	$13,352	$278,635

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	$92,489,224	$91,613,176	$91,409,107	$876,048
2023	$80,334,496	$80,161,446	$85,909,426	$173,050
2022	$67,476,416	$66,672,118	$83,154,509	$804,298
2021	$61,848,080	$62,062,124	$83,531,739	$-214,044
2020	$65,176,122	$62,217,798	$81,650,316	$2,958,324
2019	$57,523,456	$56,419,605	$76,498,143	$1,103,851
2018	$53,250,811	$53,825,004	$75,726,330	$-574,193

BOSTON HEALTH CARE FOR THE HOMELESS PROGRAM INC