Babson Global Inc
EIN: 271642647 · Wellesley Hls, MA · NTEE: B19
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $3.0M |
| Net Assets | $54.3M |
Is Babson Global Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Babson Global Inc
Babson Global Inc (EIN: 271642647) is a nonprofit organization based in Wellesley Hls, MA, classified under NTEE code B19. The organization reported total revenue of $4.8M and total assets of $69.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Babson Global Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Babson Global Inc is a mid-size nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $57.3M |
| Total Liabilities | $3.0M |
| Net Assets | $54.3M |
| Operating Margin | 34.4% |
| Debt-to-Asset Ratio | 5.2% |
| Months of Reserves | 230.5 months |
Financial Health Grade: A
In 2023, Babson Global Inc reported a surplus of $1.6M with revenue exceeding expenses, holds 230.5 months of operating reserves (strong position), has a debt-to-asset ratio of 5.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Babson Global Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.0% | +16.3% | -0.2% |
| 2022 | +3.5% | -5.3% | -0.5% |
| 2021 | +4.4% | +20.2% | +37.2% |
| 2020 | -12.7% | -20.9% | -1.7% |
| 2019 | +0.6% | -13.3% | +9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Babson Global Inc 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 Babson Global Inc 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 $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.2%.
Frequently Asked Questions about Babson Global Inc
Is Babson Global Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Babson Global Inc (EIN: 271642647) insufficient data. 0 red flags identified, 0 strengths noted.
How does Babson Global Inc spend its money?
Detailed spending breakdown data is not yet available for Babson Global Inc. Check back for updated IRS 990 analysis.
Are donations to Babson Global Inc tax-deductible?
Babson Global Inc is registered as a tax-exempt nonprofit (EIN: 271642647). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Babson Global Inc located?
Babson Global Inc is headquartered in Wellesley Hls, Massachusetts and files with the IRS under EIN 271642647. It is classified under NTEE code B19.
How many years of IRS 990 filings does Babson Global Inc have?
Babson Global Inc has 12 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 $4.8M in total revenue.
Filing History
IRS 990 filing history for Babson Global Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Babson Global Inc's revenue has declined by 8.7%, moving from $5.0M to $4.5M. Total assets increased by 2022.2% over the same period, from $2.7M to $57.3M. Total functional expenses fell by 44.3%, from $5.4M to $3.0M. In its most recent filing year (2023), Babson Global Inc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $3.0M in liabilities against $57.3M in assets (debt-to-asset ratio: 5.2%), resulting in net assets of $54.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $3.0M | $57.3M | $3.0M | — | — |
| 2022 | $4.8M | $2.6M | $57.4M | $4.0M | — | View 990 |
| 2021 | $4.6M | $2.7M | $57.7M | $5.0M | — | View 990 |
| 2020 | $4.4M | $2.3M | $42.1M | $5.6M | — | View 990 |
| 2019 | $5.1M | $2.8M | $42.8M | $7.2M | — | View 990 |
| 2018 | $5.0M | $3.3M | $39.1M | $8.9M | — | View 990 |
| 2017 | $5.5M | $4.6M | $37.4M | $10.5M | — | View 990 |
| 2016 | $9.0M | $7.5M | $36.8M | $12.0M | — | View 990 |
| 2015 | $33.7M | $11.0M | $35.8M | $12.4M | — | View 990 |
| 2014 | $12.0M | $10.6M | $9.0M | $6.9M | — | View 990 |
| 2013 | $7.2M | $6.2M | $3.8M | $3.2M | — | View 990 |
| 2012 | $5.0M | $5.4M | $2.7M | $3.1M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $3.0M, and assets of $57.3M (revenue -5.0% year-over-year).
- 2022: Revenue of $4.8M, expenses of $2.6M, and assets of $57.4M (revenue +3.5% year-over-year).
- 2021: Revenue of $4.6M, expenses of $2.7M, and assets of $57.7M (revenue +4.4% year-over-year).
- 2020: Revenue of $4.4M, expenses of $2.3M, and assets of $42.1M (revenue -12.7% year-over-year).
- 2019: Revenue of $5.1M, expenses of $2.8M, and assets of $42.8M (revenue +0.6% year-over-year).
- 2018: Revenue of $5.0M, expenses of $3.3M, and assets of $39.1M (revenue -7.9% year-over-year).
- 2017: Revenue of $5.5M, expenses of $4.6M, and assets of $37.4M (revenue -39.1% year-over-year).
- 2016: Revenue of $9.0M, expenses of $7.5M, and assets of $36.8M (revenue -73.3% year-over-year).
- 2015: Revenue of $33.7M, expenses of $11.0M, and assets of $35.8M (revenue +180.7% year-over-year).
- 2014: Revenue of $12.0M, expenses of $10.6M, and assets of $9.0M (revenue +66.5% year-over-year).
- 2013: Revenue of $7.2M, expenses of $6.2M, and assets of $3.8M (revenue +44.7% year-over-year).
- 2012: Revenue of $5.0M, expenses of $5.4M, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Babson Global Inc:
Data Sources and Methodology
This transparency report for Babson Global 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.