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Passes our checks

Centerboard Inc

EIN 04-3019658 · Lynn, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair50 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Raising each dollar of donations cost 72 cents.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

(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.

Income
$63.1 million
Spending
$56.1 million
Spent on programs
94%
Reserves
1.1 months of spending
Largest source of income
fees for its services, 99%
Employees
346
Volunteers
250
Highest pay
$307,417, ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 50 out of 100.

  • Reserves

    10 of 35

    Spendable reserves would cover 1.1 months of spending.

  • Debt

    10 of 20

    It owes 38% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 11% of income.

  • Income trend

    15 of 15

    Income rose 13% on the year before.

  • Spending floor

    0 of 15

    94% of spending went to programs and raising each dollar of donations cost 72 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100.

  • Independent board

    25 of 25

    10 of 11 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $43.2 million spent. 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.
  2. $3.0 million spent. 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.
  3. $1.2 million spent. 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.
  4. $5.5 million spent. TOTAL TOTAL PROGRAM NAME: EXPENSES REVENUES YOUTH SUPPORTED LIVING PROGRAM 1,167,079 1,183,172 COMMUNITY TREATMENT RESIDENCE 1,067,303 846,571 YOUTH & YOUNG ADULT GROUP RESIDENCE 975,687 1,008,896 FAMILY RESOURCE CENTER 593,135 791,486 WE RISE 557,603 277,597 HOME WORKS PROGRAM 72,580 72,580 PHOENIX RISING PROGRAM 949,098 711,842 MENTOR PROGRAM 38,728 - DYS SKILL UP 60,516 60,148 DIVERSITY, EQUITY & INCLUSION 50,956 11,500 _________ _________ TOTAL 5,532,685 4,963,792
  5. TOTAL TOTAL PROGRAM NAME: EXPENSES REVENUES YOUTH SUPPORTED LIVING PROGRAM 1,167,079 1,183,172 COMMUNITY TREATMENT RESIDENCE 1,067,303 846,571 YOUTH & YOUNG ADULT GROUP RESIDENCE 975,687 1,008,896 FAMILY RESOURCE CENTER 593,135 791,486 WE RISE 557,603 277,597 HOME WORKS PROGRAM 72,580 72,580 PHOENIX RISING PROGRAM 949,098 711,842 MENTOR PROGRAM 38,728 - DYS SKILL UP 60,516 60,148 DIVERSITY, EQUITY & INCLUSION 50,956 11,500 _________ _________ TOTAL 5,532,685 4,963,792

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 1989.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.