Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Emanuel Development Corporation
EIN 04-2897442 • 501(c)3 • Brighton, MA
Profile
We are called to strengthen communities by empowering people to respond to life's challenges.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.74x
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 2.5% of source-year revenue.
Asset Growth
21st percentile
Faster asset growth than 21% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Balance Sheet
Assets
Down$23,997,369
Down $936,264 (-3.8%) from 2023
Liabilities
Up$17,653,041
Up $382,864 (+2.2%) from 2023
Net Assets
Down$6,344,328
Down $1,319,128 (-17%) from 2023
Revenue
Down$16,275,639
Down $112,298 (-0.7%) from 2023
Expenses
Up$17,606,074
Up $669,722 (+4.0%) from 2023
Net Income
Down-$1,330,435
Down $782,020 (-143%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $23,997,369
- Liabilities
- $17,653,041
- Net assets
- $6,344,328
- Revenue
- $16,275,639
- Expenses
- $17,606,074
- Net income
- -$1,330,435
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- Apr 24, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $16,275,639
Mission and Program Overview
Mission
We are called to strengthen communities by empowering people to respond to life's challenges.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $19,306,152 | $18,822,098 | ▼ $484,054 |
| Accounts Receivable | $2,356,912 | $2,729,110 | ▲ $372,198 |
| Intangible Assets | $1,650,000 | $1,350,000 | ▼ $300,000 |
| Cash and Non-Interest-Bearing Accounts | $780,143 | $422,421 | ▼ $357,722 |
| Prepaid Expenses and Deferred Charges | $245,998 | $87,320 | ▼ $158,678 |
| Total Assets | $24,933,633 | $23,997,369 | ▼ $936,264 |
| Other Assets Total | $594,428 | $586,420 | ▼ $8,008 |
| Liabilities | |||
| Tax Exempt Bond Liabilities | $14,315,047 | $13,916,850 | ▼ $398,197 |
| Other Liabilities | $1,772,705 | $2,040,288 | ▲ $267,583 |
| Accounts Payable and Accrued Expenses | $1,169,103 | $1,681,601 | ▲ $512,498 |
| Deferred Revenue | $13,322 | $14,302 | ▲ $980 |
| Total Liabilities | $17,270,177 | $17,653,041 | ▲ $382,864 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $7,663,456 | $6,344,328 | ▼ $1,319,128 |
| Total Net Assets Fund Balance | $7,663,456 | $6,344,328 | ▼ $1,319,128 |
| Total Liabilities and Net Assets / Fund Balance | $24,933,633 | $23,997,369 | ▼ $936,264 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $17,250,000 | $2,750,000 | $20,000,000 |
| Equipment | $454,815 | $404,574 | $859,389 |
| Leasehold Improvements | $592,048 | $72,067 | $664,115 |
| Land | $500,000 | - | $500,000 |
| Other Land Buildings | $25,235 | $34,551 | $59,786 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Edith Pauls | Nursing | FT | $284,883 | $2,494 | $287,377 |
| Benin Nyenti | Nursing | FT | $223,355 | $509 | $223,864 |
| Tina Oyediji | Nursing | FT | $167,386 | $509 | $167,895 |
| Catherine Yawe | Nursing | FT | $157,315 | $7,265 | $164,580 |
| Hope Guyton | Nursing | FT | $155,745 | $4,133 | $159,878 |
| Nicholas Russo | Treasurer | - | - | $142,441 | $142,441 |
| Kristine Hanscom | Executive VP/CFO/COO | - | - | $82,251 | $82,251 |
| Tara Browne | Clerk/executive Assistant | - | - | $81,852 | $81,852 |