Boston Theological Institute
EIN: 42430287 · Cambridge, MA · NTEE: B58C
| Metric | Value |
|---|---|
| Total Revenue | $269K |
| Total Expenses | $264K |
| Net Assets | $218K |
Is Boston Theological Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Boston Theological Institute
Boston Theological Institute (EIN: 42430287) is a nonprofit organization based in Cambridge, MA, classified under NTEE code B58C. The organization reported total revenue of $269K and total assets of $197K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boston Theological Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boston Theological Institute is a small nonprofit that has been operating for 58 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $288K |
| Total Expenses | $264K |
| Surplus / Deficit | +$23K |
| Total Assets | $245K |
| Total Liabilities | $27K |
| Net Assets | $218K |
| Operating Margin | 8.2% |
| Debt-to-Asset Ratio | 11.0% |
| Months of Reserves | 11.1 months |
Financial Health Grade: A
In 2024, Boston Theological Institute reported a surplus of $23K with revenue exceeding expenses, holds 11.1 months of operating reserves (strong position), has a debt-to-asset ratio of 11.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Boston Theological Institute's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +9.4% | +3.5% | +10.6% |
| 2023 | -20.6% | +5.2% | +3.4% |
| 2022 | +6.2% | -11.0% | +28.6% |
| 2021 | -9.4% | -29.6% | +40.2% |
| 2020 | -12.7% | +0.7% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Boston Theological Institute 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 Theological Institute 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.0%.
Frequently Asked Questions about Boston Theological Institute
Is Boston Theological Institute a legitimate charity?
Boston Theological Institute (EIN: 42430287) is a registered tax-exempt nonprofit based in Massachusetts. It has 14 years of IRS 990 filings on record. Total revenue: $269K. No red flags identified. Financial health grade: A.
How does Boston Theological Institute spend its money?
Boston Theological Institute reported $269K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Boston Theological Institute tax-deductible?
Boston Theological Institute is registered as a tax-exempt nonprofit (EIN: 42430287). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Boston Theological Institute located?
Boston Theological Institute is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 42430287. It is classified under NTEE code B58C.
How many years of IRS 990 filings does Boston Theological Institute have?
Boston Theological Institute has 14 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 $269K in total revenue.
Filing History
IRS 990 filing history for Boston Theological Institute showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Boston Theological Institute's revenue has declined by 34%, moving from $436K to $288K. Total assets increased by 133.9% over the same period, from $105K to $245K. Total functional expenses fell by 45.6%, from $486K to $264K. In its most recent filing year (2024), Boston Theological Institute reported a surplus of $23K, with revenue exceeding expenses. The organization holds $27K in liabilities against $245K in assets (debt-to-asset ratio: 11.0%), resulting in net assets of $218K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $288K | $264K | $245K | $27K | — | — |
| 2023 | $263K | $255K | $222K | $27K | — | — |
| 2022 | $331K | $243K | $214K | $27K | — | View 990 |
| 2021 | $312K | $273K | $167K | $68K | — | View 990 |
| 2020 | $344K | $387K | $119K | $60K | — | View 990 |
| 2019 | $395K | $385K | $119K | $27K | — | View 990 |
| 2018 | $407K | $404K | $149K | $36K | — | View 990 |
| 2017 | $413K | $400K | $131K | $20K | — | View 990 |
| 2016 | $397K | $402K | $107K | $9K | — | View 990 |
| 2015 | $454K | $310K | $118K | $15K | — | View 990 |
| 2014 | $416K | $504K | $97K | $135K | — | View 990 |
| 2013 | $428K | $424K | $75K | $30K | — | View 990 |
| 2012 | $423K | $419K | $116K | $64K | — | View 990 |
| 2011 | $436K | $486K | $105K | $60K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $288K, expenses of $264K, and assets of $245K (revenue +9.4% year-over-year).
- 2023: Revenue of $263K, expenses of $255K, and assets of $222K (revenue -20.6% year-over-year).
- 2022: Revenue of $331K, expenses of $243K, and assets of $214K (revenue +6.2% year-over-year).
- 2021: Revenue of $312K, expenses of $273K, and assets of $167K (revenue -9.4% year-over-year).
- 2020: Revenue of $344K, expenses of $387K, and assets of $119K (revenue -12.7% year-over-year).
- 2019: Revenue of $395K, expenses of $385K, and assets of $119K (revenue -3.1% year-over-year).
- 2018: Revenue of $407K, expenses of $404K, and assets of $149K (revenue -1.3% year-over-year).
- 2017: Revenue of $413K, expenses of $400K, and assets of $131K (revenue +3.9% year-over-year).
- 2016: Revenue of $397K, expenses of $402K, and assets of $107K (revenue -12.4% year-over-year).
- 2015: Revenue of $454K, expenses of $310K, and assets of $118K (revenue +9.1% year-over-year).
- 2014: Revenue of $416K, expenses of $504K, and assets of $97K (revenue -2.8% year-over-year).
- 2013: Revenue of $428K, expenses of $424K, and assets of $75K (revenue +1.1% year-over-year).
- 2012: Revenue of $423K, expenses of $419K, and assets of $116K (revenue -2.9% year-over-year).
- 2011: Revenue of $436K, expenses of $486K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boston Theological Institute:
Data Sources and Methodology
This transparency report for Boston Theological Institute 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.