Somerville-cambridge Elder Services Incorporated
501(c)(3) Donations tax-deductible
Only null% goes to programs
Somerville-cambridge Elder Services Incorporated is a 501(c)(3) organization based in Somerville, Massachusetts, registered in 1973, with $40,342,182 in FY2023 revenue. CharityIndex grades it B.
61 Medford St Ste 3, Somerville, MA, 02143 EIN 04-2515020 Since 1973
Revenue (FY2023)
$40.3M
▲ 7.8% vs prior year
Expenses (FY2023)
$40.2M
Net assets
$17.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Somerville-cambridge Elder Services Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Somerville-cambridge Elder Services Incorporated: 5 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Somerville-cambridge Elder Services Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Somerville-cambridge Elder Services Incorporated: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 61 Medford St Ste 3, Somerville, MA, 02143
- City
- Somerville
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $26.4M (FY2013) to $40.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $9.6MNet assets $17.7M
Operating margin
0.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$27.3M
Total liabilities
$9.6M
Net assets
$17.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $40,342,182▲7.8% | $40,190,742▲9.2% | $17,741,752▲3.1% | $27,326,478▲4.7% | 990 |
| 2022 | $37,413,945▲1.3% | $36,793,699▼1.7% | $17,200,718▲5.7% | $26,095,413▲2.6% | 990 |
| 2021 | $36,932,292▲0.9% | $37,434,196▲7.8% | $16,278,364▼8.2% | $25,439,155▼5.2% | 990 |
| 2020 | $36,599,591▼5.4% | $34,709,585▼9.3% | $17,731,421▲16.8% | $26,836,621▼0.8% | 990 |
| 2019 | $38,675,079▲0.9% | $38,258,746▼0.1% | $15,178,911▲2.9% | $27,064,911▲7.6% | 990 |
| 2018 | $38,344,154▲5.0% | $38,299,029▲7.0% | $14,753,615▲1.0% | $25,143,648▲29.6% | 990 |
| 2017 | $36,526,384▼1.2% | $35,783,290▲0.3% | $14,611,135▲5.5% | $19,399,894▲7.1% | 990 |
| 2016 | $36,978,175▲9.4% | $35,689,579▲9.0% | $13,851,778▲11.8% | $18,119,328▲14.5% | 990 |
| 2015 | $33,797,722▲8.2% | $32,729,892▲8.8% | $12,392,652▲9.5% | $15,824,328▲2.8% | 990 |
| 2014 | $31,237,451▲18.5% | $30,071,426▲21.2% | $11,314,809▲10.9% | $15,390,960▲17.6% | 990 |
| 2013 | $26,370,847 | $24,818,672▲23.7% | $10,206,054▲21.0% | $13,089,614▲21.6% | 990 |
| 2012 | — | $20,070,529▲8.4% | $8,433,836▲15.7% | $10,767,548▲15.9% | 990 |
| 2011 | — | $18,510,709▲16.9% | $7,291,488▲8.6% | $9,289,979▲15.7% | 990 |
| 2010 | — | $15,835,814 | $6,712,784 | $8,027,513 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $298K total
18 grants to Somerville-cambridge Elder Services Incorporated totaling $298K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Commonwealth Care Alliance Inc | Host sponsorship | 2023 | $65,076 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $27,800 |
| American Online Giving Foundation Inc | General support | 2023 | $6,312 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $26,600 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $8,450 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $8,450 |
| Donor Advised Charitable Giving | Health | 2021 | $7,050 |
| Network For Good Inc | Unrestricted | 2020 | $32,185 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $15,400 |
| Network For Good Inc | Unrestricted | 2019 | $16,751 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $16,400 |
| Network For Good Inc | Unrestricted | 2018 | $11,262 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $9,000 |
| Network For Good Inc | Unrestricted | 2017 | $12,667 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $9,050 |
Frequently asked questions
- Is Somerville-cambridge Elder Services Incorporated a legitimate nonprofit?
- Yes. Somerville-cambridge Elder Services Incorporated is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2515020, based in Somerville, Massachusetts. Donations are tax-deductible.
- What is Somerville-cambridge Elder Services Incorporated's EIN?
- Somerville-cambridge Elder Services Incorporated's Employer Identification Number (EIN) is 04-2515020.
- How much revenue does Somerville-cambridge Elder Services Incorporated report?
- Somerville-cambridge Elder Services Incorporated reported $40,342,182 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Somerville-cambridge Elder Services Incorporated have?
- CharityIndex grades Somerville-cambridge Elder Services Incorporated B, based on financial health (reserves and operating margin).
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Data for Somerville-cambridge Elder Services Incorporated (EIN 04-2515020) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.