Boston Shoe Travelers Assoc

Boston Shoe Travelers Assoc maintains stable finances with no reported officer compensation.

EIN: 20340326 · Wakefield, MA · Updated: 2026-03-28

$359KRevenue

$494KAssets

85/100Mission Score (Excellent)

Is Boston Shoe Travelers Assoc Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Boston Shoe Travelers Assoc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Boston Shoe Travelers Assoc

Boston Shoe Travelers Assoc (EIN: 20340326) is a nonprofit organization based in Wakefield, MA. The organization reported total revenue of $359K and total assets of $494K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boston Shoe Travelers Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Boston Shoe Travelers Assoc demonstrates consistent financial activity, with revenues and expenses generally in balance over the past decade. In the most recent filing (202312), the organization reported revenues of $390,989 against expenses of $359,024, indicating a slight surplus. While the NTEE code is unknown, making a direct comparison to peer organizations difficult, the consistent operational scale suggests a stable, albeit not rapidly growing, entity. The organization's assets have fluctuated, reaching a high of $650,035 in 201612 and currently standing at $501,443 in 202312, indicating a healthy asset base relative to its annual revenue.

Spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data. However, the consistent operational expenses relative to revenue suggest a stable cost structure. The absence of reported officer compensation across all filings is a significant positive indicator for transparency and efficient use of funds, as it suggests that leadership roles are either voluntary or compensated through other means not classified as officer compensation, which is common for smaller associations. This practice generally enhances public trust and indicates a strong commitment to the mission without excessive overhead for top executives.

Overall, the Boston Shoe Travelers Assoc appears to be a financially stable organization with a consistent operational footprint. The lack of officer compensation is a notable strength in terms of financial transparency and efficiency. To provide a more definitive assessment of spending efficiency, a detailed breakdown of functional expenses would be necessary. However, based on the available data, the organization manages its finances responsibly, maintaining a healthy balance between income and expenditures.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Boston Shoe Travelers Assoc 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: 80%
fundraising: 5%

According to IRS 990 filings, Boston Shoe Travelers Assoc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through means not classified as officer compensation, which is a positive sign for financial efficiency and mission focus relative to the organization's size.

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 Boston Shoe Travelers Assoc's IRS 990 filings:

NTEE code is unknown, limiting direct peer comparison for financial efficiency.

Strengths

The following positive indicators were identified for Boston Shoe Travelers Assoc:

Consistent financial stability with revenues generally covering expenses over the past decade.
No reported officer compensation across all filings, indicating efficient use of funds at the executive level.
Healthy asset base relative to annual revenue, with $501,443 in assets against $390,989 in revenue in 202312.

Frequently Asked Questions about Boston Shoe Travelers Assoc

Is Boston Shoe Travelers Assoc a legitimate charity?

Based on AI analysis of IRS 990 filings, Boston Shoe Travelers Assoc (EIN: 20340326) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.

How does Boston Shoe Travelers Assoc spend its money?

Boston Shoe Travelers Assoc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Boston Shoe Travelers Assoc tax-deductible?

Boston Shoe Travelers Assoc is registered as a tax-exempt nonprofit (EIN: 20340326). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What is the primary mission or program activity of the Boston Shoe Travelers Assoc?

The provided data does not specify the NTEE code or detailed program activities, making it difficult to ascertain the primary mission beyond what is implied by its name as an association for shoe travelers.

How does the organization manage its liabilities, which have fluctuated significantly?

Liabilities have varied, from a low of $34,527 in 202012 to a high of $248,579 in 201612. In 202312, liabilities were $119,175, which appears manageable given assets of $501,443, but the fluctuations suggest varying operational needs or debt management strategies.

What are the specific categories of expenses that constitute the majority of the organization's spending?

The provided data only gives total expenses. A detailed breakdown into program, administrative, and fundraising expenses is not available, which limits a precise understanding of spending categories.

Filing History

IRS 990 filing history for Boston Shoe Travelers Assoc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Boston Shoe Travelers Assoc's revenue has declined by 11.5%, moving from $442K to $391K. Total assets increased by 51.4% over the same period, from $331K to $501K. Total functional expenses fell by 16%, from $427K to $359K. In its most recent filing year (2023), Boston Shoe Travelers Assoc reported a surplus of $32K, with revenue exceeding expenses. The organization holds $119K in liabilities against $501K in assets (debt-to-asset ratio: 23.8%), resulting in net assets of $382K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$391K	$359K	$501K	$119K	—	View 990
2022	$383K	$389K	$518K	$168K	—	View 990
2021	$328K	$323K	$548K	$175K	—	View 990
2020	$324K	$349K	$402K	$35K	—	—
2019	$521K	$489K	$558K	$166K	—	View 990
2018	$504K	$517K	$574K	$215K	—	View 990
2017	$543K	$547K	$517K	$144K	—	View 990
2016	$562K	$513K	$650K	$249K	—	View 990
2015	$512K	$491K	$588K	$235K	—	View 990
2014	$480K	$459K	$386K	$55K	—	View 990
2013	$469K	$432K	$514K	$204K	—	View 990
2012	$462K	$433K	$432K	$159K	—	View 990
2011	$442K	$427K	$331K	$87K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $391K, expenses of $359K, and assets of $501K (revenue +2.1% year-over-year).
2022: Revenue of $383K, expenses of $389K, and assets of $518K (revenue +16.7% year-over-year).
2021: Revenue of $328K, expenses of $323K, and assets of $548K (revenue +1.2% year-over-year).
2020: Revenue of $324K, expenses of $349K, and assets of $402K (revenue -37.8% year-over-year).
2019: Revenue of $521K, expenses of $489K, and assets of $558K (revenue +3.4% year-over-year).
2018: Revenue of $504K, expenses of $517K, and assets of $574K (revenue -7.1% year-over-year).
2017: Revenue of $543K, expenses of $547K, and assets of $517K (revenue -3.5% year-over-year).
2016: Revenue of $562K, expenses of $513K, and assets of $650K (revenue +9.8% year-over-year).
2015: Revenue of $512K, expenses of $491K, and assets of $588K (revenue +6.7% year-over-year).
2014: Revenue of $480K, expenses of $459K, and assets of $386K (revenue +2.4% year-over-year).
2013: Revenue of $469K, expenses of $432K, and assets of $514K (revenue +1.5% year-over-year).
2012: Revenue of $462K, expenses of $433K, and assets of $432K (revenue +4.7% year-over-year).
2011: Revenue of $442K, expenses of $427K, and assets of $331K.

Data Sources and Methodology

This transparency report for Boston Shoe Travelers Assoc 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.