Boston Ground Water Trust
Boston Ground Water Trust shows consistent asset growth and zero officer compensation over a decade.
EIN: 201941686 · Boston, MA · NTEE: U42 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $478K |
| Total Expenses | $228K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.0M |
| Transparency Score | 95/100 |
Is Boston Ground Water Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boston Ground Water Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boston Ground Water Trust
Boston Ground Water Trust (EIN: 201941686) is a nonprofit organization based in Boston, MA, classified under NTEE code U42. The organization reported total revenue of $478K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boston Ground Water Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boston Ground Water Trust is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $277K |
| Total Expenses | $228K |
| Surplus / Deficit | +$49K |
| Total Assets | $1.0M |
| Total Liabilities | $3K |
| Net Assets | $1.0M |
| Operating Margin | 17.8% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 53.9 months |
Financial Health Grade: A
In 2024, Boston Ground Water Trust reported a surplus of $49K with revenue exceeding expenses, holds 53.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Boston Ground Water Trust's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -0.2% | +21.3% | +5.1% |
| 2023 | +38.1% | -8.9% | +9.6% |
| 2022 | -2.8% | -0.8% | -5.6% |
| 2021 | -3.0% | +36.2% | +5.4% |
| 2020 | +1.2% | -11.9% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Boston Ground Water Trust with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Boston Ground Water Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $49K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization of its size with over $1 million in assets and nearly $300,000 in annual revenue, suggesting a volunteer-led or very lean operational model.
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.
Strengths
The following positive indicators were identified for Boston Ground Water Trust:
- Consistent asset growth, from $704,218 in 2015 to $1,023,915 in 2024.
- Zero officer compensation reported across all 13 filings, indicating high efficiency and mission focus.
- Stable and growing revenue streams, with latest revenue at $277,000.
- Very low liabilities relative to assets, demonstrating strong financial stability.
- Long history of consistent IRS 990 filings (13 filings), suggesting good transparency.
Frequently Asked Questions about Boston Ground Water Trust
Is Boston Ground Water Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Boston Ground Water Trust (EIN: 201941686) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Boston Ground Water Trust spend its money?
Boston Ground Water Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Boston Ground Water Trust tax-deductible?
Boston Ground Water Trust is registered as a tax-exempt nonprofit (EIN: 201941686). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Boston Ground Water Trust CEO make?
Boston Ground Water Trust's highest-compensated officer earns $1 annually. The organization reported $478K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Boston Ground Water Trust compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Boston Ground Water Trust is above average for NTEE category U42 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Boston Ground Water Trust located?
Boston Ground Water Trust is headquartered in Boston, Massachusetts and files with the IRS under EIN 201941686. It is classified under NTEE code U42.
How many years of IRS 990 filings does Boston Ground Water Trust have?
Boston Ground Water Trust 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 $478K in total revenue.
Is Boston Ground Water Trust a good charity?
Based on the provided financial data, Boston Ground Water Trust appears to be a very good charity. It demonstrates strong financial health with growing assets, stable revenue, and remarkably, 0% officer compensation across all 13 filings, suggesting a high dedication of resources to its mission.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved over time. Assets have grown from $704,218 in 2015 to $1,023,915 in 2024, and revenue has generally increased, indicating consistent growth and stability.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is to pay none, as officer compensation is consistently reported as 0% in all available IRS 990 filings. This is a significant indicator of a volunteer-driven leadership or a highly efficient operational model.
Filing History
IRS 990 filing history for Boston Ground Water Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Boston Ground Water Trust's revenue has grown by 19.9%, moving from $231K to $277K. Total assets increased by 39.5% over the same period, from $734K to $1.0M. Total functional expenses fell by 14.4%, from $266K to $228K. In its most recent filing year (2024), Boston Ground Water Trust reported a surplus of $49K, with revenue exceeding expenses. The organization holds $3K in liabilities against $1.0M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $277K | $228K | $1.0M | $3K | — | — |
| 2023 | $277K | $188K | $974K | $3K | — | View 990 |
| 2022 | $201K | $206K | $889K | $7K | — | View 990 |
| 2021 | $207K | $208K | $942K | $55K | — | View 990 |
| 2020 | $213K | $153K | $894K | $5K | — | View 990 |
| 2019 | $211K | $173K | $832K | $4K | — | View 990 |
| 2018 | $207K | $192K | $795K | $4K | — | View 990 |
| 2017 | $211K | $183K | $805K | $30K | — | View 990 |
| 2016 | $205K | $156K | $752K | $3K | — | View 990 |
| 2015 | $205K | $218K | $704K | $5K | — | View 990 |
| 2014 | $214K | $226K | $719K | $6K | — | View 990 |
| 2013 | $201K | $207K | $730K | $5K | — | View 990 |
| 2012 | $231K | $266K | $734K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $277K, expenses of $228K, and assets of $1.0M (revenue -0.2% year-over-year).
- 2023: Revenue of $277K, expenses of $188K, and assets of $974K (revenue +38.1% year-over-year).
- 2022: Revenue of $201K, expenses of $206K, and assets of $889K (revenue -2.8% year-over-year).
- 2021: Revenue of $207K, expenses of $208K, and assets of $942K (revenue -3.0% year-over-year).
- 2020: Revenue of $213K, expenses of $153K, and assets of $894K (revenue +1.2% year-over-year).
- 2019: Revenue of $211K, expenses of $173K, and assets of $832K (revenue +1.6% year-over-year).
- 2018: Revenue of $207K, expenses of $192K, and assets of $795K (revenue -1.6% year-over-year).
- 2017: Revenue of $211K, expenses of $183K, and assets of $805K (revenue +2.7% year-over-year).
- 2016: Revenue of $205K, expenses of $156K, and assets of $752K (revenue +0.1% year-over-year).
- 2015: Revenue of $205K, expenses of $218K, and assets of $704K (revenue -4.2% year-over-year).
- 2014: Revenue of $214K, expenses of $226K, and assets of $719K (revenue +6.3% year-over-year).
- 2013: Revenue of $201K, expenses of $207K, and assets of $730K (revenue -12.9% year-over-year).
- 2012: Revenue of $231K, expenses of $266K, and assets of $734K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boston Ground Water Trust:
Data Sources and Methodology
This transparency report for Boston Ground Water Trust 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.