Disable all preview features

Community Development : United Ways (Grantmaking)

United Way of Massachusetts Bay and Merrimack Valley

Live united

four stars

94.08

51 Sleeper Street Boston, MA 02210
tel: (617) 624-8000   Web Site
EIN: 04-2382233

Board Leadership
Steven D. Krichmar
Chair of the Board

CEO
Michael K. Durkin
President & CEO

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 94.08 four stars
  Financial 91.63 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 12/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Why isn't this based on more recent data?

United Way of Massachusetts Bay and Merrimack Valley brings our communities together to help improve people's lives and strengthen the neighborhoods in our region. United Way was built on the idea that if we are to make meaningful, lasting change, we have make it easier for these efforts to come together. To make the greatest impact possible, United Way aligns a network of more than 200 independent health and human service under the same set of community goals. According to our common goals, we seek to: nurture children so that they are prepared to enter school ready to learn; provide youth with adult guidance to give them positive options for the future; and ensure that families have safe permanent homes as well as the skills and opportunities to build better futures.

United Way of Massachusetts Bay and Merrimack Valley brings our communities together to help improve people's lives and strengthen the neighborhoods in our region. United Way was built on the idea that if we are to make meaningful, lasting change, we have make it easier for these efforts to come together. To make the greatest impact possible, United Way aligns a network of more than 200 independent health and human service under the same set of community goals. According to our common goals, we seek to: nurture children so that they are prepared to enter school ready to learn; provide youth with adult guidance to give them positive options for the future; and ensure that families have safe permanent homes as well as the skills and opportunities to build better futures.

Results Information

Program Name: Boston Youth Venture
Problem

Too many students are disengaged in school and under-prepared for success in college and career. Young people who don't participate in leadership programs are less likely to do well in school, be involved in their communities and positively transition to adulthood. The 21st century workplace requires employees to have soft skills (communication, problem solving & critical thinking, teamwork) that are not honed in school.

Strategy

BYV invests in teams of youth from local community centers and organizations to develop, launch, manage and sustain community benefiting ventures, and provides them with ongoing training, mentoring and financial support to actualize their ideas. In partnership with the business community, BYV trains students to identify community needs and provides them with volunteers to help develop a business plan. Teams pitch their business plans for seed funding to implement their ventures.

IF:THEN

IF If young people are connected to and supported by local business professionals and companies through project-based mentoring, focused on developing soft skills such as communication, problem solving and teamwork...

THEN Then young people will have a stronger desire to graduate high school, and be more successful in college and 21st century careers.

IF If young people are taught business concepts and given educational resources...

THEN Then young people will be empowered to create, launch, manage, and sustain community-benefiting business ventures.

IF If teams of young people are supported in solving for a community challenge...

THEN Then they will work together to create innovative solutions, overcome challenges, and make positive, lasting change in their community.
Classy Awards: The Classy Awards recognize the innovative work of nonprofits around the world. Classy Award nominees articulate the impact of their programs through a data driven framework which combines qualitative insights with quantitative metrics.
Did you find the Results Information useful?
There was a problem saving your response. Please try again.
Thank you for your feedback. If you wish to share more about this data you may do so below.
Your feedback has been recorded
There was a problem saving your response. Please try again.
This results data is current as of November 2017, when it was provided to us by Classy. Results information published on this organization's rating page has no effect on its rating at this time. data iconLearn More

Learn more about how we calculate the overall score and rating.

Financial

four stars

91.63

Accountability & Transparency

four stars

100.00

This rating was published 12/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 85.3%
  Administrative Expenses 4.8%
  Fundraising Expenses 9.8%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 0.88
  Program Expenses Growth 6.6%
  Liabilities to Assets 13.8%
All data for Financial Performance Metrics calculations was provided by United Way of Massachusetts Bay and Merrimack Valley on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by United Way of Massachusetts Bay and Merrimack Valley on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
United Way of Massachusetts Bay and Merrimack Valley (MA) 94.08 four stars
United Way of Central Louisiana (LA) 91.00 four stars
Greater Ottawa County United Way (MI) 85.00 three stars
United Way of Forsyth County - GA (GA) 90.51 four stars
United Way of Greater Toledo (OH) 87.49 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $38,178,955
   Federated Campaigns $60,914
   Membership Dues $0
   Fundraising Events $3,201,189
   Related Organizations $0
   Government Grants $4,244,987
Total Contributions $45,686,045
   Program Service Revenue $170,743
Total Primary Revenue $45,856,788
   Other Revenue $3,106,556
TOTAL REVENUE $48,963,344
   
EXPENSES  
   Program Expenses $45,007,674
   Administrative Expenses $2,451,093
   Fundraising Expenses $5,244,098
TOTAL FUNCTIONAL EXPENSES $52,702,865
   
Payments to Affiliates $403,857
Excess (or Deficit) for the year $-3,739,521
   
Net Assets $55,939,529

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Donor Designations $12,490,124 27.8%
Preparing Children to Learn $10,915,288 24.3%
Creating Financial Opportunity $10,511,658 23.4%
Supporting Youth in School $8,796,361 19.5%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 12/01/2017 94.08 four stars
2015-06 11/01/2016 88.99 three stars
2015-06 10/01/2016 88.63 three stars
2014-06 06/01/2016 89.15 three stars
 
CN 2.0
2014-06 11/01/2015 86.04 three stars
2013-06 12/01/2014 85.56 three stars
2012-06 09/01/2013 92.44 four stars
2011-06 10/01/2012 90.54 four stars
2010-06 09/20/2011 86.98 three stars
 
CN 1.0
2009-06 11/24/2010 76.69 two stars
2008-06 07/01/2009 75.41 two stars
2007-06 10/01/2008 75.84 two stars
2006-06 07/01/2007 74.99 two stars
2005-06 08/01/2006 73.88 two stars
2004-06 10/01/2005 84.05 three stars
2003-06 06/01/2004 76.22 two stars
2002-06 08/01/2003 82.80 three stars
2001-06 10/15/2002 77.82 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 04-2382233
Name in IRS Master File UNITED WAY OF MASSACHUSETTS BAY INC
NTEE Code T70
NTEE Classification Fund Raising Organizations That Cross Categories
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (927) Fundraising
(602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1965
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$398,545 0.75% Michael Durkin President and CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
United Way of Massachusetts Bay and Merrimack Valley (MA) 94.08 four stars
United Way of Greater Lorain County (OH) 93.45 four stars
United Way of Northern Utah (UT) 91.28 four stars
Mesa United Way (AZ) 87.23 three stars
United Way of the Capital Region (PA) 89.39 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

United Way of Massachusetts Bay and Merrimack Valley
51 Sleeper Street
Boston, MA 02210
tel: (617) 624-8000
fax: (617) 624-9114
EIN: 04-2382233

Visit Web Site

Board Leadership

Steven D. Krichmar
Chair of the Board

CEO

Michael K. Durkin
President & CEO

please wait...

    • I want to donate to United Way of Massachusetts Bay and Merrimack Valley

      $
      next

    • Frequency

      back
      next

    • Would you like us to email someone and CC you?

      This email identifies you as the donor but does not specify the amount of your gift.
      back
    A donation of to has been added to your Giving Basket!

    Basket Total:
    Check Out Now or Continue Researching

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.

As seen on