2Life Communities Inc

Overview

Mission

2life builds & operates housing for low income seniors & offers services to enhance independence and dignity. Inspired by jewish values, 2life communities are nonsectarian.

What it reported doing in 2024

The organization provides financial support for essential programs and services offered by affiliated entities to tenants at an affordable cost to help maintain seniors' physical and social health. Such services include fitness, meals and transportation.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Affiliate network. The nonprofit sent 71% of its reported program spending through affiliated organizations.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
042478888
IRS 990 coverage
2013–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Brighton, MA, USA
Phone
6179128400
Rating
75
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Senior Citizens' Housing/Retirement Communities
Affiliation
Judaism

Reported finances

Revenue
$19,939,230
Expenses
$13,462,144
Assets
$59,281,442
Liabilities
$2,970,282

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 87
  • Accountability: 100
  • Sustainability: 86
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 43.1%; rating input score 43
  • Program expense ratio: 59.5%; rating input score 59
  • Fundraising efficiency: $16.58 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 32.5%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 4.4; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 83; 83rd percentile among comparable filings
  • Officer compensation ratio: 1.1%; rating input score 85; 85th percentile among comparable filings

Growth

  • Program expense growth: 23.4% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: 10.5% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 43.1% of revenue deployed · 59.5% of spending went to programs
  • Governance: 24 of 24 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $8M in reported program spending
  • Leadership: top reported pay $340K · 30 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 10 annual filings from 2013 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 35 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Mission deployment rate scored 43/100.
  • Review — Financial Efficiency: Program expense ratio scored 59/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 52/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.

Leadership & pay

30 people listed

Highest reported compensation

  • LIZBETH HEYER (PRESIDENT): $340,398 total reported compensation
  • AMY SCHECTMAN (CEO): $318,679 total reported compensation
  • KAREN EDLUND (CHIEF OF BUSINESS STRATEGY): $247,557 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024.