TRINITY BOSTON CONNECTS
Mission Statement
Trinity Boston Foundation’s mission is to unlock opportunity and change the odds for youth of color in Boston. Our programs create safe and supportive communities that inspire youth to express their voice, develop their leadership, and achieve their goals. We work with youth impacted by systemic racism and poverty through our three direct service programs: Trinity@McCormack, Trinity Education for Excellence Program (TEEP) and Sole Train: Boston Runs Together. In addition, we partner with youth-serving organizations to effect enduring change in the systems and organizations that impact youth through our Organizational Equity Practice and the work of Trinity Boston Counseling Center. Our three essential community practices form the foundation of our work: trauma-informed care, restorative justice and racial equity. We currently provide direct service to over 600 youth and families and impact 15,000 through our professional training services in organizations across Boston.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
48.0% | 81.5% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
36.3% | 11.7% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
15.7% | 4.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1572.1% | 151.9% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
19.3 mo | 11.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.7% | 9.1% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
101.9% | 89.1% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
13.8% | 9.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-28.2% | 10.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
4.7% | 1.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.5M | $2.4M | $3.8M | 48.0% | 19 |
| 2023 | $2.2M | $3.3M | $3.3M | 65.6% | 21 |
| 2022 | $3.0M | $3.1M | $3.9M | 67.4% | 0 |
| 2021 | $3.6M | $2.9M | N/A | — | 0 |
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