808 812 Memorial Drive Housing Charitable Tr
EIN: 43320445 · Cambridge, MA · NTEE: L200
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $81K |
| Net Assets | $54.5M |
Is 808 812 Memorial Drive Housing Charitable Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 808 812 Memorial Drive Housing Charitable Tr
808 812 Memorial Drive Housing Charitable Tr (EIN: 43320445) is a nonprofit organization based in Cambridge, MA, classified under NTEE code L200. The organization reported total revenue of $1.6M and total assets of $55.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 808 812 Memorial Drive Housing Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
808 812 Memorial Drive Housing Charitable Tr is a mid-size nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $81K |
| Surplus / Deficit | +$1.4M |
| Total Assets | $54.5M |
| Total Liabilities | $14K |
| Net Assets | $54.5M |
| Operating Margin | 94.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 8068.9 months |
Financial Health Grade: A
In 2023, 808 812 Memorial Drive Housing Charitable Tr reported a surplus of $1.4M with revenue exceeding expenses, holds 8068.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), 808 812 Memorial Drive Housing Charitable Tr's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | +11.6% | +2.7% |
| 2022 | +3.2% | +15.8% | +2.6% |
| 2021 | -30.9% | -49.5% | +2.6% |
| 2020 | -20.2% | +47.5% | +3.9% |
| 2019 | +1.2% | -19.4% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for 808 812 Memorial Drive Housing Charitable Tr has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 808 812 Memorial Drive Housing Charitable Tr with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about 808 812 Memorial Drive Housing Charitable Tr
Is 808 812 Memorial Drive Housing Charitable Tr a legitimate charity?
808 812 Memorial Drive Housing Charitable Tr (EIN: 43320445) is a registered tax-exempt nonprofit based in Massachusetts. It has 14 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: A.
How does 808 812 Memorial Drive Housing Charitable Tr spend its money?
808 812 Memorial Drive Housing Charitable Tr reported $1.6M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to 808 812 Memorial Drive Housing Charitable Tr tax-deductible?
808 812 Memorial Drive Housing Charitable Tr is registered as a tax-exempt nonprofit (EIN: 43320445). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 808 812 Memorial Drive Housing Charitable Tr located?
808 812 Memorial Drive Housing Charitable Tr is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 43320445. It is classified under NTEE code L200.
How many years of IRS 990 filings does 808 812 Memorial Drive Housing Charitable Tr have?
808 812 Memorial Drive Housing Charitable Tr has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.6M in total revenue.
Filing History
IRS 990 filing history for 808 812 Memorial Drive Housing Charitable Tr showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), 808 812 Memorial Drive Housing Charitable Tr's revenue has declined by 8.1%, moving from $1.6M to $1.5M. Total assets increased by 77.2% over the same period, from $30.7M to $54.5M. Total functional expenses rose by 200.2%, from $27K to $81K. In its most recent filing year (2023), 808 812 Memorial Drive Housing Charitable Tr reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $14K in liabilities against $54.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $54.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $81K | $54.5M | $14K | — | — |
| 2022 | $1.4M | $73K | $53.1M | $6K | — | View 990 |
| 2021 | $1.4M | $63K | $51.7M | $6K | — | View 990 |
| 2020 | $2.0M | $124K | $50.4M | $6K | — | View 990 |
| 2019 | $2.5M | $84K | $48.5M | $6K | — | View 990 |
| 2018 | $2.5M | $104K | $46.1M | $6K | — | View 990 |
| 2017 | $2.3M | $240K | $43.8M | $30K | — | View 990 |
| 2016 | $2.2M | $244K | $41.7M | $18K | — | View 990 |
| 2015 | $2.1M | $217K | $39.7M | $18K | — | View 990 |
| 2014 | $2.0M | $87K | $37.8M | $18K | — | View 990 |
| 2013 | $1.9M | $48K | $35.9M | $23K | — | View 990 |
| 2012 | $1.8M | $45K | $34.1M | $18K | — | View 990 |
| 2011 | $1.7M | $41K | $32.4M | $18K | — | View 990 |
| 2010 | $1.6M | $27K | $30.7M | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $81K, and assets of $54.5M (revenue +4.2% year-over-year).
- 2022: Revenue of $1.4M, expenses of $73K, and assets of $53.1M (revenue +3.2% year-over-year).
- 2021: Revenue of $1.4M, expenses of $63K, and assets of $51.7M (revenue -30.9% year-over-year).
- 2020: Revenue of $2.0M, expenses of $124K, and assets of $50.4M (revenue -20.2% year-over-year).
- 2019: Revenue of $2.5M, expenses of $84K, and assets of $48.5M (revenue +1.2% year-over-year).
- 2018: Revenue of $2.5M, expenses of $104K, and assets of $46.1M (revenue +5.8% year-over-year).
- 2017: Revenue of $2.3M, expenses of $240K, and assets of $43.8M (revenue +6.3% year-over-year).
- 2016: Revenue of $2.2M, expenses of $244K, and assets of $41.7M (revenue +4.8% year-over-year).
- 2015: Revenue of $2.1M, expenses of $217K, and assets of $39.7M (revenue +4.9% year-over-year).
- 2014: Revenue of $2.0M, expenses of $87K, and assets of $37.8M (revenue +5.8% year-over-year).
- 2013: Revenue of $1.9M, expenses of $48K, and assets of $35.9M (revenue +5.8% year-over-year).
- 2012: Revenue of $1.8M, expenses of $45K, and assets of $34.1M (revenue +5.9% year-over-year).
- 2011: Revenue of $1.7M, expenses of $41K, and assets of $32.4M (revenue +4.5% year-over-year).
- 2010: Revenue of $1.6M, expenses of $27K, and assets of $30.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 808 812 Memorial Drive Housing Charitable Tr:
Data Sources and Methodology
This transparency report for 808 812 Memorial Drive Housing Charitable Tr is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.