COMMUNITIES FOR PEOPLE
Mission Statement
Communities for People equips children and families impacted by the foster care system with the tools and resources they need to achieve independence and build fulfilling lives in our community. For over 45 years Communities for People (CFP), has remained a leader in community-based approaches to support children, youth and families in the state foster care system. We offer a wide range of impactful programs and services in Massachusetts and Rhode Island, including family support and preservation, treatment foster care and adoption support, and a variety of small residential and independent living programs for teens. We focus on achieving permanency, making lifelong connections within the community, and developing independent living skills.
Financial Overview — FY 2024
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
84.3% | 85.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.9% | 14.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.9 mo | 6.2 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
32.2% | 32.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.3% | 85.4% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
15.2% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.1% | 9.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
16.7% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $17.2M | N/A | N/A | — | 197 |
| 2023 | $20.8M | $17.3M | $8.6M | 84.3% | 307 |
| 2022 | $18.1M | $15.9M | $4.8M | 83.6% | 279 |
| 2021 | $12.8M | $13.9M | N/A | — | 316 |
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