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Encore Boston Network (EBN) (fiscally sponsored by Executive Service Corps of New England Inc.)

 176 Federal Street, Suite 5-C
 Boston, MA 02110
[P] (617) 357-5550
[F] --
http://www.encorebostonnetwork.org
[email protected]
Doug Dickson
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INCORPORATED: 1982
 Printable Profile (Summary / Full)
EIN 22-2815597

LAST UPDATED: 04/11/2017
Organization DBA --
Former Names --
Organization received a competitive grant from the Boston Foundation in the past five years Yes

Summary

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Mission StatementMORE »

Encore Boston Network (EBN) is a cross-sector coalition of organizations and professionals dedicated to strengthening our communities by engaging the talent of people 50+ (encore talent). We raise awareness, improve and speed connections between encore talent and organizations who need it, bring together member strengths to achieve greater impact, and scale the growth of encore opportunities.

Mission Statement

Encore Boston Network (EBN) is a cross-sector coalition of organizations and professionals dedicated to strengthening our communities by engaging the talent of people 50+ (encore talent). We raise awareness, improve and speed connections between encore talent and organizations who need it, bring together member strengths to achieve greater impact, and scale the growth of encore opportunities.

FinancialsMORE »

Fiscal Year Oct 01, 2015 to Sept 30, 2016
Projected Income $135,000.00
Projected Expense $103,100.00

ProgramsMORE »

  • Encore Expo
  • Generation to Generation Boston

Revenue vs. Expense ($000s)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

Encore Boston Network (EBN) is a cross-sector coalition of organizations and professionals dedicated to strengthening our communities by engaging the talent of people 50+ (encore talent). We raise awareness, improve and speed connections between encore talent and organizations who need it, bring together member strengths to achieve greater impact, and scale the growth of encore opportunities.

Background Statement

Four years ago, a group of leaders from Boston, attending a conference in California, realized they had a lot in common and shouldn't have to travel across the country to meet. So they began meeting in Boston, added to the group, and formalized a structure and shared agenda. This group became Encore Boston Network. They are dedicated to working together to achieve impact beyond what each can do on their own. The network brings together employers, advocates, program operators, policy makers, researchers, and organizations that specialize in recruiting, preparing and matching encore talent. It is a deliberately cross-sector, multi-stakeholder effort to draw together the strengths, perspectives and resources needed to achieve our mission.
 

Impact Statement

During the past year, EBN launched the Generation to Generation Boston campaign to mobilize adults 50+ to work in nonprofit organizations that help vulnerable kids. During the current year, we will build this campaign to include more organizations and engage more older adults. Goals include increasing the volume and diversity of adults 50+ referred to nonprofits, improving the effectiveness of nonprofits in using the talent of adults 50+, and changing the narrative about the value of adults 50+ in our communities.

Needs Statement

1) Our top need is for $50,000 to bring on a full-time executive director to provide continuity of leadership. 2) We also need a dedicated resource to help us upgrade our website and create templates for collateral. 3) We need a social media whiz to help us build and maintain an ongoing presence online to augment and amplify our campaign goals. 4) If we can't get pro bono help for items 2 and 3, we need funds to hire staff to do this work. 5) We need additional funders to help us realize the full potential of the Gen2Gen campaign and to extend it beyond youth to other nonprofit organizations beginning next year.

CEO Statement

EBN is a collaboration of more than 50 organizations and professionals who recognize that by working together, we can have greater impact than we could working independently. The change we seek is to make visible an underused talent source largely overlooked by nonprofits and other social purpose organizations. This holds the potential for making each of the 12,000 nonprofits in our area more effective by engaging the skill and talent of a half million people over 50. This talent is currently at risk of going to waste. This change would also strengthen our communities by addressing longstanding social issues. Significantly, it would shift the perception of older adults as a growing burden on society to a human capital resource capable of make lasting contributions in their later years. There is growing interest among nonprofits in attracting the skills of adults 50+. Our challenge now is to feed that growth and put the mechanisms in place through which organizations and talent can easily and quickly connect in ever increasing numbers.

Board Chair Statement

As a local network organization, EBN has the advantage of building on its members' strengths to achieve goals that would not otherwise be possible. We are fortunate to have access to the program and in-kind support of over 50 organizations and professionals. The challenge we face at this early stage is that these resources are not sufficient to support continued growth. It's the chicken-and-egg dilemma of growing organizations. We're taking several steps to address this challenge. We are adding to our board and reaching out to donors and impact investors. We're also working to convince corporate and charitable foundations that supporting and engaging encore talent is a good investment. Encore seekers, nonprofit leaders, hiring managers and volunteer coordinators must all, one by one, embrace the reality that age is an asset, not a disqualifier, that experience gains value with time, that motivation and purpose do not carry expiration dates, and that there exists a growing experience dividend to be tapped by mobilizing the talent and skill that resides in the 50+ population. As people embrace this reality, the impact will be felt throughout our society, and that's what drives our work at EBN.

Geographic Area Served

Greater Boston Region-All Neighborhoods
Metrowest Region
Northeast Massachusetts Region
Southeast Massachusetts Region
Cape and Islands Region
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Organization Categories

  1. Community Improvement, Capacity Building - Nonprofit Management
  2. Employment - Employment Preparation & Procurement
  3. Public & Societal Benefit - Alliances & Advocacy

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

Yes

Programs

Encore Expo

This exchange brings together encore talent and the organizations, businesses and government agencies that wish to recruit this talent to fill paid and unpaid roles. It offers keynote speakers, workshops, networking sessions and other activities to facilitate connections.
Budget  $22,000.00
Category  Employment, General/Other Employment, General/Other
Population Served Adults Aging, Elderly, Senior Citizens
Program Short-Term Success  The first Encore Expo was attended by a capacity crowd of 250 encore seekers and 30 exhibitors. Demand was high and evaluations were uniformly strong. Strong majorities said they would come again, bring a friend or tell someone else about the Expo. Exhibitors said they learned from the event and would cross-refer. The next Expo will be successful if we achieve equally high ratings in a larger venue offering space for more exhibitors and encore seekers.
Program Long-Term Success  This program is successful when organizations recognize the value of adults 50+, when organizations offer meaningful opportunities for paid and unpaid work, and when adults 50+ find roles that use their skills, build on their experience and offer the chance to make a difference in social purpose organizations and to the people and causes they serve.
Program Success Monitored By  Success is measured by a detailed evaluation survey completed shortly after the event. It is also measured by the number of attendees and exhibitors as well as by the revenue we collect from sponsors, program ads and program fees.
Examples of Program Success  The inaugural Expo, held in November 2015, was sold out. Exhibitors said they were very impressed by the quality of encore talent they connected with. With 30 exhibitors in one place, adults 50+ were able to easily learn about many organizations in a short timeframe. Positive responses to the event were near unanimous. About half of the exhibitors were organizations we did not previously know, but came to us because of their interest in encore talent.

Generation to Generation Boston

The Generation to Generation (Gen2Gen) Boston campaign began in the summer of 2016. It targets youth-serving organizations working to close the opportunity gap for kids, and mobilizes adults 50+ to support their human capital needs for direct service as well as capacity building and leadership roles.
Budget  $150,000.00
Category  Youth Development, General/Other Youth Development, General/Other
Population Served Children and Youth (0 - 19 years) Adults Aging, Elderly, Senior Citizens
Program Short-Term Success  In the next 12 months, we will engage 20 youth-serving organizations as program partners and refer at least 200 adults 50+ into new encore roles in these organizations.
Program Long-Term Success  By targeting a discreet segment of the nonprofit sector, we can define roles and recruit talent more efficiently. We can also help organizations learn from each other about effective strategies for engaging and retaining encore talent. Over time, we will expand more deeply into this segment and extend our learning to other segments as a way to build scale in the development of encore opportunities.
Program Success Monitored By  We measure success by hitting our target numbers, by the extent to which partner organizations are satisfied by our support, by whether they are learning from each other, and whether EBN is able to expand this initiative broadly to other youth-serving organizations and extend it to other nonprofit segments.
Examples of Program Success  We have learned a great deal in the past months about shared recruiting among organizations, collaborative recruiting within communities, about the value on online vs. on-site engagement, about recruiting diverse candidates, etc. Work in the Grove Hall neighborhood has helped us learn about creating sustainable community relationships and using a community organizing approach to engagement of older adults.

CEO/Executive Director/Board Comments

As an early-stage network organization, our greatest challenge is to prioritize programs based on available resources. Our initial programs are designed to demonstrate the value of adults 50+ as a human capital solution for social purpose organizations. This will enable us to expand opportunities for all who wish to contribute their skills and experience. It will also change the narrative about what is possible for older adults and the impact they can have on their communities and the issues we face in our society.

Management


CEO/Executive Director Mr Ramesh Advani
CEO Term Start July 2016
CEO Email [email protected]
CEO Experience

Ramesh is former Director of Federal Grants Management in the Executive Office for Administration & Finance and served as Deputy Director of the Massachusetts Recovery & Reinvestment for the Commonwealth during the Great Recession. Previously, as Vice President of Finance with Fidelity Investments, he was instrumental in the start-up of Fidelity’s India operations. Ramesh has held senior finance, operations, technical customer service, information technology, and marketing positions with Corning, Chiron, Novartis and Bayer. He was elected Selectman of Norfolk, becoming Massachusetts’ first Indian-American selectman. He also served as a member of the Commonwealth’s Asian-American Commission and ran the Mass Chapter of the Indian-American Forum for Political Education. He currently serves on the board of Hearth, as a counselor at SCORE, and teaches MBA courses at Endicott College.

Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
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Senior Staff

Name Title Experience/Biography
Rita Badami Gen2Gen Campaign Director

Rita worked for General Electric for 17 years. She was responsible for designing employee benefit plans for 500,000 employees and retirees globally, negotiating contracts, managing performance, and improving administrative processes. Prior to that, she was Quality Process Leader, teaching and coaching ‘Six Sigma’ tools and techniques. Rita co-led a project that made over 3,000 blankets for babies in Honduras, led strategic planning for a federally qualified health center in Schenectady, organized a science curriculum for elementary school teachers, and served as president of the local Rotary Club. Currently, Rita is on the board at North Shore Community Health Center, on the Ipswich TRIAD team, and volunteers for The Trustees of Reservations and the Ipswich Library.

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --
Member of state association of nonprofits? Yes
Name of state association Massachusetts Nonprofit Network

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

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CEO/Executive Director/Board Comments

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Foundation Comments

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Staff Information

Number of Full Time Staff 0
Number of Part Time Staff 2
Number of Volunteers 7
Number of Contract Staff 0
Staff Retention Rate % 100%

Staff Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 2
Caucasian: 7
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 7
Male: 1
Not Specified 0

Plans & Policies

Organization has Fundraising Plan? Under Development
Organization has Strategic Plan? Yes
Years Strategic Plan Considers 4
Management Succession Plan No
Business Continuity of Operations Plan No
Organization Policies And Procedures Yes
Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy Yes
State Charitable Solicitations Permit --
State Registration --

Risk Management Provisions

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Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency Yes Annually
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Annually

Governance


Board Chair Mr Doug Dickson
Board Chair Company Affiliation Encore Boston Network
Board Chair Term Jan 2016 - Jan 2017
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Deborah Banda Interim Executive Director, Massachusetts Association of Older Americans Voting
Patricia Chadwick Retired SVP, Bloomingdale's Voting
Harvey Cotton Principal, Ropes & Gray Voting
Doug Dickson Board Chair of EBN Voting
Carol Greenfield Retired ED of ReServe Voting
Anne Greenwood SVP, Pax Ellevate Voting
Christina Matz-Costa Assistant Professor, Boston College School of Social Work Voting
Susan McCarthy CPA Voting
Phyllis Segal VP, Encore.org Voting
Judy Willett ED of ReServe Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 10
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 8
Male: 2
Not Specified 0

Board Information

Board Term Lengths 1
Board Term Limits 0
Board Meeting Attendance % --
Written Board Selection Criteria Under Development
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 90%
Percentage of In-Kind Contributions 100%
Constituency Includes Client Representation Yes

Standing Committees

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CEO/Executive Director/Board Comments

The Board of Directors of ESC of New England maintains financial authority as the fiscal sponsor of EBN until EBN obtains its tax exempt status. The ESC Board of Directors is listed on the Giving Common. The EBN Board is new and growing since our formal incorporation on February 5, 2016. We will continue to add directors during 2017 to bring diversity and fundraising capacity to the board.

Foundation Comments

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Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Fiscal Year Oct 01, 2015 to Sept 30, 2016
Projected Income $135,000.00
Projected Expense $103,100.00
Form 990s

2015 ESC 990

2014 ESC 990

Audit Documents

2015 ESC Audit

2014 ESC Audit

IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2015 2014 2013
Total Revenue $33,385 $54,210 $25,020
Total Expenses $57,365 $30,320 $17,082

Prior Three Years Revenue Sources

Fiscal Year 2015 2014 2013
Foundation and
Corporation Contributions
$12,500 $50,000 $25,000
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- --
Individual Contributions $600 $4,210 $20
Indirect Public Support -- -- --
Earned Revenue -- -- --
Investment Income, Net of Losses -- -- --
Membership Dues $6,725 -- --
Special Events $5,075 -- --
Revenue In-Kind $8,485 -- --
Other -- -- --

Prior Three Years Expense Allocations

Fiscal Year 2015 2014 2013
Program Expense $44,740 $22,759 $12,500
Administration Expense $10,125 $5,061 $2,082
Fundraising Expense $2,500 $2,500 $2,500
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 0.58 1.79 1.46
Program Expense/Total Expenses 78% 75% 73%
Fundraising Expense/Contributed Revenue 14% 5% 10%

Prior Three Years Assets and Liabilities

Fiscal Year 2015 2014 2013
Total Assets $10,573 $34,553 $10,663
Current Assets $10,573 $34,553 $10,663
Long-Term Liabilities $0 $0 $0
Current Liabilities $0 $0 $0
Total Net Assets $10,573 $34,553 $10,663

Prior Three Years Top Three Funding Sources

Fiscal Year 2015 2014 2013
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value --
Spending Policy N/A
Percentage(If selected) --
Credit Line No
Reserve Fund No
How many months does reserve cover? --

Capital Campaign

Are you currently in a Capital Campaign? No
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

Short Term Solvency

Fiscal Year 2015 2014 2013
Current Ratio: Current Assets/Current Liabilities -- -- --

Long Term Solvency

Fiscal Year 2015 2014 2013
Long-term Liabilities/Total Assets 0% 0% 0%

CEO/Executive Director/Board Comments

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Foundation Comments

Encore Boston Network (EBN) began its work in 2011 and became fiscally sponsored by Executive Service Corps of New England Inc. (ESC) (EIN# 22-2815597) in April 2014. As such, the financial summary data in the charts above is per EBN's records. The IRS Form 990s and audit files posted are that of ESC. For your reference, the fiscal sponsor letter is attached the the IRS Letter of Determination posted above.

Documents


Other Documents

No Other Documents currently available.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

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2. What are your strategies for making this happen?

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3. What are your organization’s capabilities for doing this?

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4. How will your organization know if you are making progress?

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5. What have and haven’t you accomplished so far?

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