Boston Childrens Chorus Inc
EIN: 651188279 · Boston, MA · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.6M |
| Net Assets | $2.5M |
Is Boston Childrens Chorus Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Boston Childrens Chorus Inc
Boston Childrens Chorus Inc (EIN: 651188279) is a nonprofit organization based in Boston, MA, classified under NTEE code A60. The organization reported total revenue of $2.9M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boston Childrens Chorus Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boston Childrens Chorus Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $2.9M |
| Total Liabilities | $430K |
| Net Assets | $2.5M |
| Operating Margin | 35.7% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 13.5 months |
Financial Health Grade: A
In 2023, Boston Childrens Chorus Inc reported a surplus of $1.4M with revenue exceeding expenses, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Boston Childrens Chorus Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +80.3% | +19.5% | +130.1% |
| 2022 | +5.4% | +25.8% | -13.7% |
| 2021 | +10.8% | -12.0% | +46.0% |
| 2020 | -2.0% | -23.4% | +2.2% |
| 2019 | -25.0% | -0.2% | -38.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Boston Childrens Chorus 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 Boston Childrens Chorus 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 $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.9%.
Frequently Asked Questions about Boston Childrens Chorus Inc
Is Boston Childrens Chorus Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Boston Childrens Chorus Inc (EIN: 651188279) insufficient data. 0 red flags identified, 0 strengths noted.
How does Boston Childrens Chorus Inc spend its money?
Detailed spending breakdown data is not yet available for Boston Childrens Chorus Inc. Check back for updated IRS 990 analysis.
Are donations to Boston Childrens Chorus Inc tax-deductible?
Boston Childrens Chorus Inc is registered as a tax-exempt nonprofit (EIN: 651188279). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Boston Childrens Chorus Inc located?
Boston Childrens Chorus Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 651188279. It is classified under NTEE code A60.
How many years of IRS 990 filings does Boston Childrens Chorus Inc have?
Boston Childrens Chorus 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 $2.9M in total revenue.
Filing History
IRS 990 filing history for Boston Childrens Chorus Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Boston Childrens Chorus Inc's revenue has grown by 137.7%, moving from $1.7M to $4.0M. Total assets increased by 213.4% over the same period, from $921K to $2.9M. Total functional expenses rose by 68.5%, from $1.5M to $2.6M. In its most recent filing year (2023), Boston Childrens Chorus Inc reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $430K in liabilities against $2.9M in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $2.6M | $2.9M | $430K | — | View 990 |
| 2022 | $2.2M | $2.1M | $1.3M | $227K | — | View 990 |
| 2021 | $2.1M | $1.7M | $1.5M | $492K | — | View 990 |
| 2020 | $1.9M | $1.9M | $996K | $421K | — | View 990 |
| 2019 | $1.9M | $2.5M | $974K | $357K | — | View 990 |
| 2018 | $2.6M | $2.5M | $1.6M | $361K | — | View 990 |
| 2017 | $2.4M | $2.4M | $1.5M | $335K | — | View 990 |
| 2016 | $2.2M | $2.2M | $1.4M | $333K | — | View 990 |
| 2015 | $2.1M | $2.1M | $1.2M | $57K | — | View 990 |
| 2014 | $1.7M | $1.8M | $1.3M | $52K | — | View 990 |
| 2013 | $2.0M | $2.0M | $1.4M | $227K | — | View 990 |
| 2012 | $1.6M | $1.5M | $1.1M | $65K | — | View 990 |
| 2011 | $1.7M | $1.5M | $921K | $52K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $2.6M, and assets of $2.9M (revenue +80.3% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.1M, and assets of $1.3M (revenue +5.4% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.7M, and assets of $1.5M (revenue +10.8% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.9M, and assets of $996K (revenue -2.0% year-over-year).
- 2019: Revenue of $1.9M, expenses of $2.5M, and assets of $974K (revenue -25.0% year-over-year).
- 2018: Revenue of $2.6M, expenses of $2.5M, and assets of $1.6M (revenue +7.6% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.4M, and assets of $1.5M (revenue +10.3% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.2M, and assets of $1.4M (revenue +2.5% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.1M, and assets of $1.2M (revenue +23.5% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.8M, and assets of $1.3M (revenue -15.8% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $1.4M (revenue +30.4% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.5M, and assets of $1.1M (revenue -6.9% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.5M, and assets of $921K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boston Childrens Chorus Inc:
Data Sources and Methodology
This transparency report for Boston Childrens Chorus 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.