Civic Intelligence

Operation Able of Greater Boston Inc

EIN 04-2761871 • 501(c)3 • Boston, MA

Profile

Training and employment services for persons over age 45 and other economically disadvantaged individuals.

98 N Washington Street Suite 200Boston, MA 02114

operationable.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

88th percentile

0.77x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.35x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

29th percentile

-3.1%

Higher net margin than 29% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

76th percentile

$211,120

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

16th percentile

-7.1%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-7.9%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,945,513

Down $224,052 (-7.1%) from 2023

Liabilities

Down

$2,270,094

Down $58,708 (-2.5%) from 2023

Net Assets

Down

$675,419

Down $165,344 (-20%) from 2023

Revenue

Down

$6,420,541

Down $549,881 (-7.9%) from 2023

Expenses

Down

$6,621,442

Down $226,845 (-3.3%) from 2023

Net Income

Down

-$200,901

Down $323,036 (-264%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $700,027Liabilities 2010: $177,907Net Assets 2010: $522,1202010Assets 2011: $875,103Liabilities 2011: $161,157Net Assets 2011: $713,9462011Assets 2012: $872,065Liabilities 2012: $154,902Net Assets 2012: $717,1632012Assets 2013: $735,787Liabilities 2013: $177,762Net Assets 2013: $558,0252013Assets 2014: $679,078Liabilities 2014: $128,912Net Assets 2014: $550,1662014Assets 2015: $692,010Liabilities 2015: $67,436Net Assets 2015: $624,5742015Assets 2016: $787,649Liabilities 2016: $178,438Net Assets 2016: $609,2112016Assets 2017: $938,118Liabilities 2017: $331,071Net Assets 2017: $607,0472017Assets 2018: $1,175,249Liabilities 2018: $420,218Net Assets 2018: $755,0312018Assets 2019: $1,035,262Liabilities 2019: $509,640Net Assets 2019: $525,6222019Assets 2020: $1,259,846Liabilities 2020: $1,058,865Net Assets 2020: $200,9812020Assets 2021: $1,665,428Liabilities 2021: $1,549,685Net Assets 2021: $115,7432021Assets 2022: $1,156,232Liabilities 2022: $454,663Net Assets 2022: $701,5692022Assets 2023: $3,169,565Liabilities 2023: $2,328,802Net Assets 2023: $840,7632023Assets 2024: $2,945,513Liabilities 2024: $2,270,094Net Assets 2024: $675,4192024

Highlighted filing

2024

Assets$2,945,513
Liabilities$2,270,094
Net Assets$675,419

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,307,5282010Revenue 2011: $2,474,077Expenses 2011: $2,350,641Net Income 2011: $123,4362011Expenses 2012: $2,097,5432012Revenue 2013: $1,871,099Expenses 2013: $2,053,836Net Income 2013: -$182,7372013Revenue 2014: $1,914,294Expenses 2014: $1,940,562Net Income 2014: -$26,2682014Revenue 2015: $2,098,183Expenses 2015: $2,033,925Net Income 2015: $64,2582015Revenue 2016: $2,264,842Expenses 2016: $2,274,025Net Income 2016: -$9,1832016Revenue 2017: $3,997,527Expenses 2017: $4,029,600Net Income 2017: -$32,0732017Revenue 2018: $6,961,558Expenses 2018: $6,813,057Net Income 2018: $148,5012018Revenue 2019: $6,706,570Expenses 2019: $6,934,621Net Income 2019: -$228,0512019Revenue 2020: $6,762,936Expenses 2020: $7,083,887Net Income 2020: -$320,9512020Revenue 2021: $6,750,238Expenses 2021: $6,895,288Net Income 2021: -$145,0502021Revenue 2022: $7,268,097Expenses 2022: $6,648,533Net Income 2022: $619,5642022Revenue 2023: $6,970,422Expenses 2023: $6,848,287Net Income 2023: $122,1352023Revenue 2024: $6,420,541Expenses 2024: $6,621,442Net Income 2024: -$200,9012024

Highlighted filing

2024

Revenue$6,420,541
Expenses$6,621,442
Net Income-$200,901

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.95$2.27$0.68$6.42$6.62$0.20
2023Detailed filing. Detailed filing data is available for this year.$3.17$2.33$0.84$6.97$6.85$0.12
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.16$0.45$0.70$7.27$6.65$0.62
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$1.55$0.12$6.75$6.90$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$1.06$0.20$6.76$7.08$0.32
2019Detailed filing. Detailed filing data is available for this year.$1.04$0.51$0.53$6.71$6.93$0.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.42$0.76$6.96$6.81$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.33$0.61$4.00$4.03$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.79$0.18$0.61$2.26$2.27$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.69$0.07$0.62$2.10$2.03$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.68$0.13$0.55$1.91$1.94$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.18$0.56$1.87$2.05$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.15$0.72$2.10
2011Summary only. Only limited summary data is available for this year.$0.88$0.16$0.71$2.47$2.35$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.18$0.52$2.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$6,586,879
Mission and Program Overview

Mission

Training and employment services for persons over age 45 and other economically disadvantaged individuals.

Training and employment services for persons over age 45 and other economically disadvantaged individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$523,085$356,365▼ $166,720
Accounts Receivable$199,350$304,751▲ $105,401
Investments in Publicly Traded Securities$240,557$287,101▲ $46,544
Savings and Temporary Cash Investments$101,020$101,050▲ $30
Cash and Non-Interest-Bearing Accounts$165,951$88,346▼ $77,605
Prepaid Expenses and Deferred Charges$44,521$67,713▲ $23,192
Land, Buildings, and Equipment, Net$37,718$24,574▼ $13,144
Total Assets$3,169,565$2,945,513▼ $224,052
Other Assets Total$1,857,363$1,715,613▼ $141,750
Liabilities
Other Liabilities$2,044,466$1,911,899▼ $132,567
Mortgage Notes Payable Secured by Investment Property$84,869$189,271▲ $104,402
Accounts Payable and Accrued Expenses$199,467$168,924▼ $30,543
Total Liabilities$2,328,802$2,270,094▼ $58,708
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$840,763$675,419▼ $165,344
Total Net Assets Fund Balance$840,763$675,419▼ $165,344
Total Liabilities and Net Assets / Fund Balance$3,169,565$2,945,513▼ $224,052

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24,574$273,855$298,429
Other Assets Org$1,661,351--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marian WalshPresident/CEOFT$203,000$8,120$211,120
Mark GyurinaChief Program OfficerFT$121,310$4,852$126,162
Paul PrestonControllerFT$121,011-$121,011

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$6,311,233
Program Service Revenue
$0
Investment Income
$11,020
Other Revenue
$98,288
All Other Contributions
$34,478
Change in Net Assets
$-200,901

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,420,541
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$660,450
Total Revenue per Audited Statements
$7,080,991
Total Revenue per Form 990
$6,420,541
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,923,851
Other Expenses$697,591
Total Fundraising Expense$84,184
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,182,399$618,740$55,771$4,856,910
Current Officers, Directors, Trustees, and Key Employees$365,852$135,195$12,185$513,232
Payroll Taxes$345,370$56,531$5,096$406,997
Occupancy$253,400$51,132$3,967$308,499
Office Expenses$125,844$9,028$933$135,805
Other Employee Benefits$82,669$30,549$2,753$115,971
Fees for Services Other$78,740$31,309-$110,049
Fees for Services Accounting-$48,935-$48,935
Pension Plan Contributions$21,913$8,098$730$30,741
Travel$18,106-$2,749$20,855
Depreciation Depletion$12,367$6,836-$19,203
Interest$10,342$7,236-$17,578
Insurance$9,414$6,645-$16,059
Information Technology-$14,535-$14,535
Fees for Services Legal$3,728$360-$4,088
Advertising$1,886$99-$1,985
Total Functional Expenses$5,512,030$1,025,228$84,184$6,621,442

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,246,335
Expenses per Audited Statements$6,621,442
Total Expenses per Form 990$6,621,442
Expenses Not Reported on Form 990$624,893
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$108,266
Fundraising Direct Expenses$9,978
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Breakfast$119,266$108,266$9,978$98,288
Total Events$119,266$108,266$9,978$98,288
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Payable, Current Portion$1,766,828
Sba Economic Injury Disaster Loan$145,071
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Members of management review the irs form 990 with the preparer. A copy of the form 990 is provided to all board members before it is filed. Any questions or comments are resolved before filing.

Form 990, Part VI, Section B, Line 12C

An annual review with the board is completed to verify or detect any conflict of interest.

Form 990, Part VI, Section B, Line 15

Compensation is reviewed by the board president that uses several not-for-profit indices to determine pay and make recommendations for board approval.

Form 990, Part VI, Section C, Line 19

Audited financial statements are made available upon request. In addition, other governing documents are made available on the commonwealth of massachusetts office of the secretary of state and the office of the attorney general websites.

Filing and Contact Details

Filer

Filer Name
Operation Able of Greater Boston Inc
EIN
04-2761871
Phone
6175424180
Address
98 N WASHINGTON STREET SUITE 200, BOSTON, MA 02114

Signing Officer

Name
Luis Rivera
Title
Treasurer
Phone
6175424180
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Luis Rivera
Formed
1982
Legal Domicile
Ma
Voting Board Members
17
Independent Board Members
17
Employees
480
Volunteers
18

Preparer

Firm
Kahn Litwin Renza & Co Ltd
Address
951 NORTH MAIN STREET, PROVIDENCE, RI 02904
Preparer
Patrick J Martin
Phone
4012742001
Supplemental Narrative

Additional Explanations

FORM 990 PART XII LINE 2C:

The organization has a committee responsible for the oversight of the audit as well as the selection of the independent accountant

Financial Statement Notes

PART X, LINE 2:

The organization is a not-for-profit charitable organization exempt from federal income taxes as a public charity under section 501(c)(3) of the internal revenue code (irc). Management believes that the organization operates in a manner consistent with its tax-exempt status at both the federal and state levels. The organization annually files irs form 990, return of organizations exempt from income tax, reporting various information that the irs uses to monitor the activities of tax-exempt entities. These tax returns are subject to review by the taxing authorities, generally for a period of three years after they were filed. The organization currently has no tax examinations in progress. The preparation of financial statements in conformity with accounting principles generally accepted in the united states of america requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the period. Accordingly, actual results could differ from these estimates.

Raw XML AppendixShowing 400 of 576 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0TRAINING AND EMPLOYMENT SERVICES FOR PERSONS OVER AGE 45 AND OTHER ECONOMICALLY DISADVANTAGED INDIVIDUALS
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IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN BRAY
IRS990/Form990PartVIISectionAGrp/PersonNm3MARTH DEAN
IRS990/Form990PartVIISectionAGrp/PersonNm4THOMAS FLANNERY
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IRS990/Form990PartVIISectionAGrp/PersonNm10MAURA D MCLAUGHLIN ESQ
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IRS990/Form990PartVIISectionAGrp/PersonNm13MARK PORTER
IRS990/Form990PartVIISectionAGrp/PersonNm14JANET PRENSKY
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IRS990/Form990PartVIISectionAGrp/PersonNm16STEVE TARANTO
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