BOSTON ACCOUNTABLE CARE ORGANIZATION INC Charity Report

Public IRS 990 nonprofit record

BOSTON ACCOUNTABLE CARE ORGANIZATION INC

EIN 47-3468314 · Community Health Systems (E21)

What they do

BOSTON ACCOUNTABLE CARE ORGANIZATION, INC. SHALL AT ALL TIMES BE ORGANIZED and OPERATED EXCLUSIVELY for CHARITABLE, EDUCATIONAL AND/OR SCIENTIFIC PURPOSES WITHIN THE MEANING of SECTION 501(C)(3) of THE INTERNAL REVENUE CODE. THE MISSION of BACO is to IMPROVE THE HEALTHCARE of THE POPULATIONS THAT BOSTON MEDICAL CENTER CORPORATION (BMC), THE FACULTY PRACTICE FOUNDATION, INC. (FPF) PHYSICIANS, and COMMUNITY HEALTH CENTERS (CHCS) SERVE. to PROVIDE THE BEST CARE POSSIBLE, AN ACCOUNTABLE CARE ORGANIZATION (ACO) is DESIGNED to BETTER MANAGE ALL ASPECTS of HEALTHCARE, IN AN EFFORT to IMPROVE THE HEALTH of THE POPULATION SERVED WHILE OPERATING MORE EFFICIENTLY. BACO WILL INTEGRATE THE RESOURCES of BMC, THE FPF, and THE CHCS to PROVIDE MORE EFFECTIVE, HIGHER QUALITY and LESS EXPENSIVE CARE for PATIENTS of BACO.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $99.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

180.56%of revenue went to mission work99.7% of expenses · Program services

$189.62spent for every $100 of revenueSpending was higher than revenue this year.

0.54%of revenue went to management and office costs0.3% of expenses

$8.96in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,603,588 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,873,416

Mission workProgram services$3,382,616180.56% of revenue99.7% of expenses

ManagementOffice and general costs$10,2000.54% of revenue0.3% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$3,392,816181.10% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 99.7% mission · 0.3% management · 0.0% fundraisingTotal expenses: 181.10% of revenue

2022Expense mix: 99.8% mission · 0.2% management · 0.0% fundraisingTotal expenses: 168.96% of revenue

2021Expense mix: 97.7% mission · 2.3% management · 0.0% fundraisingTotal expenses: 93.56% of revenue

2020Expense mix: 99.8% mission · 0.2% management · 0.0% fundraisingTotal expenses: 116.75% of revenue

2019Expense mix: 99.4% mission · 0.6% management · 0.0% fundraisingTotal expenses: 116.15% of revenue

2018Expense mix: 99.2% mission · 0.8% management · 0.0% fundraisingTotal expenses: 132.09% of revenue

2017Expense mix: 85.2% mission · 14.8% management · 0.0% fundraisingTotal expenses: 208.49% of revenue

2016Expense mix: 92.8% mission · 7.2% management · 0.0% fundraisingTotal expenses: 173.74% of revenue

Money in and money out

Revenue$1,789,228

Expenses$3,392,816

Annual shortfall $1,603,588 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,382,616 · 99.7% of expenses

Management and office costs$10,200 · 0.3% of expenses

See all reported dollar amounts

Revenue$1,789,228

Expenses$3,392,816

Assets$30,414,945

Income$1,789,228

Mission work (program services)$3,382,616

Management and general$10,200

Accounting fees$10,200

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (22)

KELLY LANNUTTIDIRECTOR

WILLIAM J HALPIN JRDIRECTOR

WILLIAM CREEVY MDTREASURER/DIRECTOR

THEA JAMES MDDIRECTOR

TERRI NEWSOMDIRECTOR (THRU 6/30/24)

STEPHANIE SULLIVANDIRECTOR (THRU 11/1/23)

SPIROS HATIRASDIRECTOR

SHERRY ELLISDIRECTOR

SANDRA COTTERELLDIRECTOR (THRU 8/1/24)

RAVIN DAVIDOFF MDDIRECTOR

MICHELLE NADOWDIRECTOR

ALASTAIR BELL MDDIRECTOR

JULIE ALMONDDIRECTOR

GUALE VALDEZDIRECTOR

DENISE DELANUECESDIRECTOR (AS OF 1/24/24)

DAVID HENDERSON MDDIRECTOR

DAVID BECKCLERK

CYNTHIA SIERRAPRESIDENT/DIRECTOR

CHUCK JONESDIRECTOR

CHRISTIAN BROWNDIRECTOR (THRU 8/24/2024)

CHARLES MURPHYDIRECTOR

AMY PFEFFERDIRECTOR

About this charity

Recognized since: January 2016
Location: 1 BOSTON MEDICAL CTR PL, BOSTON, MA 02118-2908
County: Suffolk
In care of: % KAITLYN CLIFFORD
Primary officer: DAVID BECK, CLERK

How to reach them

Phone(617) 638-7901

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: KPMG LLP
NTEE classification: Community Health Systems (E21)
IRS tax category: Community Health Systems