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Massachusetts · Nonprofit

SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC

SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC (Massachusetts) receives grants from 9 organizations whose IRS filings report $433,916 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($280,218). 4 of them have funded it in more than one year, and 82% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$18M
Funders on record
9
Grants received
$434k
Net assets
$15M
4/9 repeat funderspeak grant-dependency 1%
01What it does

What South Cove Manor at Quincy Point Rehabilitation Center Inc does

Mission

The organization's mission is to provide individualized rehabilitation and nursing care that reflects asian cultural values. The organization's core values include: 1. Respecting the people we serve, their traditions, and their preferences, (see schedule o)2. Providing excellent leading edge care and services, 3. Investing in our employees, and 4. Serving our community.

As stated on its FY2024 Form 990.

Program

  1. Nursing & rehabilitation services - the organization's mission is to provide individualized nursing and rehabilitation care that reflects asian cultural values through the operation of a 141-bed long-term care facility in quincy, massachusetts.

    $14,733,450 spentof which $1,500 as grants$18,167,539 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $14,733,450.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($15M) Expenses 100 ($16M) Net assets 100 ($3.0M)2018 Revenue 103 ($16M) Expenses 99 ($16M) Net assets 114 ($3.4M)2019 Revenue 103 ($16M) Expenses 97 ($15M) Net assets 330 ($9.9M)2020 Revenue 115 ($17M) Expenses 103 ($16M) Net assets 377 ($11M)2021 Revenue 110 ($17M) Expenses 100 ($16M) Net assets 408 ($12M)2022 Revenue 113 ($17M) Expenses 103 ($16M) Net assets 446 ($13M)2023 Revenue 120 ($18M) Expenses 108 ($17M) Net assets 491 ($15M)2024 Revenue 121 ($18M) Expenses 114 ($18M) Net assets 512 ($15M)
'17'18'19'20'21'22'23'24
Revenue (121)Expenses (114)Net assets (512)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $25M to $33M (+32%).

$24M
$25M
$33M
$34M
$32M
$31M
$34M
$36M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 21% · 2021 8% · 2022 5% · 2023 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

−$495k
’17
$132k
’18
$443k
’19
$1.3M
’20
$894k
’21
$1.1M
’22
$1.3M
’23
$568k
’24
1.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

William Graves

President/CEO

Board chair

Jason Qu

Chairman of the board

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2021222424292929
Joined·+3+2+4+3+6+2+2
No longer listed·2123122
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $40k → $44k.

5 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 82% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC leans on a few funders — its largest provides 65% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC.

65%
largest funder
92%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 66% · 2019 100% · 2020 82% · 2021 100% · 2022 85% · 2023 74% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

33% of SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC's funders are still giving 1 year after their first grant; 44% give in more than one year at all.

first grant+1y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

82% of SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $80k that is directly attributable, 96% of it comes from Massachusetts funders.

NY
MA
NJ

In-state vs out-of-state, by year

’18
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $354k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC runs a healthier operating margin than half of the 4,580 health nonprofits its size.

Operating margin3% · above the median
Months of reserve1.1mo · below the median
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 4,580 health nonprofits $10M–$100M, FY2024

Organizations like SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 12%Fundraising 0%

Governance

21
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 2 related entities

  • Washington Mills Quincy Inc · disregarded
  • South Cove Nursing Facilities Foundation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC?
SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC (Massachusetts) receives grants from 9 organizations whose IRS filings report $433,916 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($280,218). 4 of them have funded it in more than one year, and 82% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC have?
IRS filings report 9 organizations giving $433,916 in grants to SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC, 4 of which have funded it in more than one year.
Who is the largest funder of SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $280,218 in grants. The full list of funders is on this page.
How can an organization like SOUTH COVE MANOR AT QUINCY POINT REHABILITATION CENTER INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds South Cove Manor at Quincy Point Rehabilitation Center →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing