Association Of Marshall Scholars Inc
Association of Marshall Scholars: Strong Mission, Volatile Finances
EIN: 222973653 · Cambridge, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $1.1M |
| Program Spending | 75% |
| Net Assets | $2.9M |
| Transparency Score | 85/100 |
Is Association Of Marshall Scholars Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association Of Marshall Scholars Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association Of Marshall Scholars Inc
Association Of Marshall Scholars Inc (EIN: 222973653) is a nonprofit organization based in Cambridge, MA. The organization reported total revenue of $3.6M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Marshall Scholars Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Marshall Scholars Inc is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$187K |
| Total Assets | $2.9M |
| Total Liabilities | $34K |
| Net Assets | $2.9M |
| Operating Margin | 14.7% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 31.8 months |
Financial Health Grade: A
In 2023, Association Of Marshall Scholars Inc reported a surplus of $187K with revenue exceeding expenses, holds 31.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Association Of Marshall Scholars Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.4% | -13.5% | +15.1% |
| 2022 | -53.8% | -2.8% | -26.0% |
| 2021 | -13.9% | +19.8% | +7.7% |
| 2020 | +121.4% | +11.3% | +41.1% |
| 2019 | -15.7% | +26.6% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Association Of Marshall Scholars Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Association Of Marshall Scholars Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $187K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information on individual salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Association Of Marshall Scholars Inc's IRS 990 filings:
- Revenue has been highly volatile, ranging from $343,115 in 2016 to $1,829,795 in 2020, and then dropping to $728,861 in 2022 before a rebound to $1,278,385 in 2023, which could impact long-term stability.
- Expenses have sometimes exceeded revenue, such as in 2022 where expenses were $1,261,815 against revenues of $728,861, leading to a deficit.
Strengths
The following positive indicators were identified for Association Of Marshall Scholars Inc:
- The organization consistently maintains a healthy asset base, with assets generally exceeding $2 million, providing a buffer against financial fluctuations.
- Despite revenue volatility, the organization has shown resilience, with assets growing from $1,201,994 in 2016 to $2,892,927 in 2023.
- Low lobbying costs (0%) suggest that resources are primarily directed towards the core mission rather than political influence.
Frequently Asked Questions about Association Of Marshall Scholars Inc
Is Association Of Marshall Scholars Inc a legitimate charity?
Association Of Marshall Scholars Inc (EIN: 222973653) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.6M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Association Of Marshall Scholars Inc spend its money?
Association Of Marshall Scholars Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Association Of Marshall Scholars Inc tax-deductible?
Association Of Marshall Scholars Inc is registered as a tax-exempt nonprofit (EIN: 222973653). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Association Of Marshall Scholars Inc's spending goes to programs?
Association Of Marshall Scholars Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Association Of Marshall Scholars Inc located?
Association Of Marshall Scholars Inc is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 222973653.
How many years of IRS 990 filings does Association Of Marshall Scholars Inc have?
Association Of Marshall Scholars Inc has 13 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 $3.6M in total revenue.
What does Association Of Marshall Scholars Inc do?
Association Of Marshall Scholars Inc is a nonprofit organization in the Unknown sector, located in Cambridge, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Association Of Marshall Scholars Inc have?
Association Of Marshall Scholars Inc reported total revenue of $3,553,019. Based on 13 IRS 990 filings on record.
What are Association Of Marshall Scholars Inc's total assets?
Association Of Marshall Scholars Inc holds total assets of $5,327,839 as reported in IRS 990 filings.
Where is Association Of Marshall Scholars Inc located?
Association Of Marshall Scholars Inc is based in Cambridge, Massachusetts.
What is Association Of Marshall Scholars Inc's EIN?
Association Of Marshall Scholars Inc's Employer Identification Number (EIN) is 222973653. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Association Of Marshall Scholars Inc?
Association Of Marshall Scholars Inc is classified under NTEE code Unknown (Unknown).
Is Association Of Marshall Scholars Inc a registered 501(c)(3)?
Association Of Marshall Scholars Inc appears in IRS records (EIN: 222973653). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Association Of Marshall Scholars Inc file IRS Form 990?
Yes, Association Of Marshall Scholars Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Association Of Marshall Scholars Inc's revenue in 2023?
In the 202312 filing period, Association Of Marshall Scholars Inc reported total revenue of $1,278,385, total expenses of $1,090,935, and net assets of $2,892,927.
Is Association Of Marshall Scholars Inc's revenue growing or declining?
Association Of Marshall Scholars Inc's revenue is growing. Revenue went from $728,861 (202212) to $1,278,385 (202312), a +75.4% change. Based on 13 filings on record.
What is Association Of Marshall Scholars Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Association Of Marshall Scholars Inc covers tax period 202312. It shows revenue of $1,278,385, expenses of $1,090,935, total assets of $2,892,927, and liabilities of $33,562.
How much does Association Of Marshall Scholars Inc spend on programs vs administration?
Based on IRS 990 analysis, Association Of Marshall Scholars Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Association Of Marshall Scholars Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Association Of Marshall Scholars Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Association Of Marshall Scholars Inc?
The following concerns were identified: Revenue has been highly volatile, ranging from $343,115 in 2016 to $1,829,795 in 2020, and then dropping to $728,861 in 2022 before a rebound to $1,278,385 in 2023, which could impact long-term stability.. Expenses have sometimes exceeded revenue, such as in 2022 where expenses were $1,261,815 against revenues of $728,861, leading to a deficit.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Association Of Marshall Scholars Inc's strengths?
Positive indicators for Association Of Marshall Scholars Inc include: The organization consistently maintains a healthy asset base, with assets generally exceeding $2 million, providing a buffer against financial fluctuations.. Despite revenue volatility, the organization has shown resilience, with assets growing from $1,201,994 in 2016 to $2,892,927 in 2023.. Low lobbying costs (0%) suggest that resources are primarily directed towards the core mission rather than political influence.. These findings are derived from AI analysis of the organization's financial filings.
How does Association Of Marshall Scholars Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information on individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Association Of Marshall Scholars Inc?
• The organization consistently reports 0% lobbying costs across all available filings, indicating a focus on direct program delivery. • Detailed financial breakdowns are available, showing revenue, expenses, and assets over several years, enhancing financial transparency. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the Association of Marshall Scholars manage its programs and operations given the significant year-to-year fluctuations in revenue?
The organization appears to manage these fluctuations by maintaining a substantial asset base, which has grown over time. This allows them to absorb periods where expenses exceed revenue, as seen in 2022, and continue their mission without immediate financial distress.
What strategies does the Association employ to ensure long-term financial sustainability amidst its revenue volatility?
While specific strategies aren't detailed, the consistent growth in assets from $1,201,994 in 2016 to $2,892,927 in 2023 suggests effective asset management and potentially a focus on building reserves or endowments to smooth out the impact of fluctuating annual revenues.
Filing History
IRS 990 filing history for Association Of Marshall Scholars Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Association Of Marshall Scholars Inc's revenue has grown by 1265.7%, moving from $94K to $1.3M. Total assets increased by 1100.9% over the same period, from $241K to $2.9M. Total functional expenses rose by 1197.9%, from $84K to $1.1M. In its most recent filing year (2023), Association Of Marshall Scholars Inc reported a surplus of $187K, with revenue exceeding expenses. The organization holds $34K in liabilities against $2.9M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.1M | $2.9M | $34K | — | — |
| 2022 | $729K | $1.3M | $2.5M | $47K | — | View 990 |
| 2021 | $1.6M | $1.3M | $3.4M | $55K | — | View 990 |
| 2020 | $1.8M | $1.1M | $3.2M | $24K | — | View 990 |
| 2019 | $827K | $973K | $2.2M | $18K | — | View 990 |
| 2018 | $980K | $768K | $2.3M | $13K | — | View 990 |
| 2017 | $1.5M | $671K | $2.2M | $74K | — | View 990 |
| 2016 | $343K | $341K | $1.2M | $7K | — | View 990 |
| 2015 | $270K | $169K | $1.2M | $4K | — | View 990 |
| 2014 | $772K | $140K | $1.1M | $0 | — | View 990 |
| 2013 | $257K | $104K | $454K | $0 | — | View 990 |
| 2012 | $202K | $137K | $294K | $4K | — | View 990 |
| 2011 | $94K | $84K | $241K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.1M, and assets of $2.9M (revenue +75.4% year-over-year).
- 2022: Revenue of $729K, expenses of $1.3M, and assets of $2.5M (revenue -53.8% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.3M, and assets of $3.4M (revenue -13.9% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.1M, and assets of $3.2M (revenue +121.4% year-over-year).
- 2019: Revenue of $827K, expenses of $973K, and assets of $2.2M (revenue -15.7% year-over-year).
- 2018: Revenue of $980K, expenses of $768K, and assets of $2.3M (revenue -34.8% year-over-year).
- 2017: Revenue of $1.5M, expenses of $671K, and assets of $2.2M (revenue +338.4% year-over-year).
- 2016: Revenue of $343K, expenses of $341K, and assets of $1.2M (revenue +27.3% year-over-year).
- 2015: Revenue of $270K, expenses of $169K, and assets of $1.2M (revenue -65.1% year-over-year).
- 2014: Revenue of $772K, expenses of $140K, and assets of $1.1M (revenue +200.9% year-over-year).
- 2013: Revenue of $257K, expenses of $104K, and assets of $454K (revenue +27.3% year-over-year).
- 2012: Revenue of $202K, expenses of $137K, and assets of $294K (revenue +115.3% year-over-year).
- 2011: Revenue of $94K, expenses of $84K, and assets of $241K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Marshall Scholars Inc:
Data Sources and Methodology
This transparency report for Association Of Marshall Scholars Inc 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.