SOUTH BOSTON COLLABORATIVE CENTER INC (EIN 203681552) - 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

2005

Legal Domicile

Principal Officer

JACOB BOMBARD

Phone

6175349520

Tax Period

2024-01-01 to 2024-12-31

SOUTH BOSTON COLLABORATIVE CENTER INC, founded in 2005, is a small nonprofit in the Mental Health sector that reported $489K in total revenue in fiscal year 2024.

Mission

PROVIDE SUBSTANCE ABUSE SERVICES FOR SOUTH BOSTON YOUTH & FAMILIES THROUGH OUTREACH & COUNSELING.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $492,676

Program Service Revenue $0

Investment Income $96

Other Revenue $-3,979

TOTAL REVENUE $488,793

Expense Breakdown

Grants Paid $0

Salaries & Benefits $393,194

Fundraising Expenses $77,586

Program Expenses $358,976

Other Expenses $137,011

TOTAL EXPENSES $530,205

Year-over-Year Comparison

	2024	2023	Change
Revenue	$488,793	$493,571	0.0%
Expenses	$530,205	$460,785	+0.2%
Net Income	$-41,412	$32,786	-2.3%

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

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

$129,527

Total Directors

$129,527

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW WARD	FORMER EXECUTIVE DIRECTOR	35.00	Officer Director	$90,446	$14,642	$105,088
JACOB BOMBARD	EXECUTIVE DIRECTOR	35.00	Officer Director	$23,555	$884	$24,439
EDWARD FOLEY	PRESIDENT	5.00	Officer Director	$0	$0	$0
JON CRONIN	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
CAITLIN BERESIN	TREASURER	5.00	Officer Director	$0	$0	$0
MICHAEL KINEAVY	CLERK	5.00	Officer Director	$0	$0	$0
ANDREA FLAHERTY	DIRECTOR	5.00	Director	$0	$0	$0
JOSH MCFADDEN	DIRECTOR	5.00	Director	$0	$0	$0
BRIAN NEE	DIRECTOR	5.00	Director	$0	$0	$0
KRISTEN NEE	DIRECTOR	5.00	Director	$0	$0	$0
ROBERT PACITTI	DIRECTOR	5.00	Director	$0	$0	$0
CASSIE PAOLILLO	DIRECTOR	5.00	Director	$0	$0	$0
ROBERT SANCES	DIRECTOR	5.00	Director	$0	$0	$0
BETHANY SEROTA	DIRECTOR	5.00	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
2024	$488,793	$530,205	$191,466	$-41,412
2023	$493,571	$460,785	$130,436	$32,786
2022	$321,623	$407,004	$196,044	$-85,381
2021	$499,918	$382,474	$290,510	$117,444
2020	$371,533	$348,361	$163,943	$23,172
2019	$309,773	$340,219	$139,120	$-30,446
2018	$312,592	$337,591	$251,671	$-24,999

SOUTH BOSTON COLLABORATIVE CENTER INC