Is Eastern Association Of Student Financial Aid Administrators Inc Legit?
Quick charity verification for Eastern Association Of Student Financial Aid Administrators Inc (EIN: 222521580)
Verdict: Eastern Association Of Student Financial Aid Administrators Inc shows mixed signals
65/100Mission Score
$230KRevenue
$915KAssets
3Red Flags
3Strengths
Red Flags
Revenue has been relatively low and inconsistent, with a significant drop in 2021 ($74,260) and 2020 ($85,112) compared to prior years.
Expenses have frequently exceeded revenue, for example, in 2022 ($239,607 expenses vs. $218,921 revenue) and 2020 ($83,629 expenses vs. $85,112 revenue), which could indicate reliance on reserves or other funding sources.
The 'nt' (net assets) field is missing from the provided data, making it difficult to fully assess the organization's financial health over time.
Strengths
Consistent reporting of $0 executive compensation demonstrates a commitment to minimizing administrative overhead.
The organization maintains a healthy asset base, with assets (a) consistently above $700,000, reaching $914,996 in 2023, providing financial stability.
Despite fluctuating revenues, the organization has maintained operations for several years, indicating resilience and a dedicated mission.
AI Transparency Report
Eastern Association Of Student Financial Aid Administrators Inc is a unknown nonprofit based in Belmont, Massachusetts, with reported revenue of $230K and assets of $915K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very low-cost leadership structure. Revenue has grown +35% across 13 filing periods.