Bunker Hill Community College Foundation Inc
Bunker Hill Community College Foundation: Strong Asset Growth, Moderate Spending Efficiency
EIN: 222757389 · Boston, MA · NTEE: T31 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $5.6M |
| Total Expenses | $3.6M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $10.3M |
| Transparency Score | 75/100 |
Is Bunker Hill Community College Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bunker Hill Community College Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Bunker Hill Community College Foundation Inc
Bunker Hill Community College Foundation Inc (EIN: 222757389) is a nonprofit organization based in Boston, MA, classified under NTEE code T31. The organization reported total revenue of $5.6M and total assets of $12.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bunker Hill Community College Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bunker Hill Community College Foundation Inc is a mid-size nonprofit that has been operating for 39 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 14.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $3.6M |
| Surplus / Deficit | +$279K |
| Total Assets | $10.4M |
| Total Liabilities | $103K |
| Net Assets | $10.3M |
| Operating Margin | 7.2% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 34.7 months |
Financial Health Grade: A
In 2023, Bunker Hill Community College Foundation Inc reported a surplus of $279K with revenue exceeding expenses, holds 34.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Bunker Hill Community College Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.0% | +76.4% | +5.4% |
| 2022 | +24.6% | -1.1% | -3.8% |
| 2021 | +7.9% | -5.3% | +18.5% |
| 2020 | +7.6% | +76.0% | +5.1% |
| 2019 | +24.2% | +104.3% | +16.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
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 Bunker Hill Community College Foundation Inc with a Mission Score of 75 out of 100 (Good). 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: 70%
- fundraising: 15%
According to IRS 990 filings, Bunker Hill Community College Foundation Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $279K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer board or that compensation for key personnel is handled by the college directly, not the foundation.
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 Bunker Hill Community College Foundation Inc's IRS 990 filings:
- Lack of detailed breakdown for 'other expenses' in some filings, making it harder to fully assess administrative vs. program spending.
- The 0% compensation for key employees might obscure indirect benefits or compensation paid through the college, which isn't transparent in the foundation's filings.
Strengths
The following positive indicators were identified for Bunker Hill Community College Foundation Inc:
- Consistent and significant growth in assets, indicating strong fundraising and investment management.
- Low liabilities across all reported years, demonstrating financial stability.
- Clear mission alignment with supporting Bunker Hill Community College.
- Positive trend in revenue generation, nearly doubling from $2.4M in 2021 to $3.8M in 2023.
Frequently Asked Questions about Bunker Hill Community College Foundation Inc
Is Bunker Hill Community College Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bunker Hill Community College Foundation Inc (EIN: 222757389) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Bunker Hill Community College Foundation Inc spend its money?
Bunker Hill Community College Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bunker Hill Community College Foundation Inc tax-deductible?
Bunker Hill Community College Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222757389). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bunker Hill Community College Foundation Inc CEO make?
Bunker Hill Community College Foundation Inc's highest-compensated officer earns $0 annually. The organization reported $5.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bunker Hill Community College Foundation Inc's spending goes to programs?
Bunker Hill Community College Foundation Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Bunker Hill Community College Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Bunker Hill Community College Foundation Inc is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bunker Hill Community College Foundation Inc located?
Bunker Hill Community College Foundation Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 222757389. It is classified under NTEE code T31.
How many years of IRS 990 filings does Bunker Hill Community College Foundation Inc have?
Bunker Hill Community College Foundation 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 $5.6M in total revenue.
What does Bunker Hill Community College Foundation Inc do?
Bunker Hill Community College Foundation Inc is a nonprofit organization in the Philanthropy, Voluntarism & Grantmaking sector, located in Boston, Massachusetts. It is classified under NTEE code T31.
How much revenue does Bunker Hill Community College Foundation Inc have?
Bunker Hill Community College Foundation Inc reported total revenue of $5,575,604. Based on 12 IRS 990 filings on record.
What are Bunker Hill Community College Foundation Inc's total assets?
Bunker Hill Community College Foundation Inc holds total assets of $12,523,063 as reported in IRS 990 filings.
Where is Bunker Hill Community College Foundation Inc located?
Bunker Hill Community College Foundation Inc is based in Boston, Massachusetts.
What is Bunker Hill Community College Foundation Inc's EIN?
Bunker Hill Community College Foundation Inc's Employer Identification Number (EIN) is 222757389. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bunker Hill Community College Foundation Inc?
Bunker Hill Community College Foundation Inc is classified under NTEE code T31 (Philanthropy, Voluntarism & Grantmaking).
Is Bunker Hill Community College Foundation Inc a registered 501(c)(3)?
Yes, Bunker Hill Community College Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222757389.
Does Bunker Hill Community College Foundation Inc file IRS Form 990?
Yes, Bunker Hill Community College Foundation Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Bunker Hill Community College Foundation Inc's revenue in 2023?
In the 202306 filing period, Bunker Hill Community College Foundation Inc reported total revenue of $3,865,988, total expenses of $3,586,622, and net assets of $10,374,484.
Is Bunker Hill Community College Foundation Inc's revenue growing or declining?
Bunker Hill Community College Foundation Inc's revenue is growing. Revenue went from $3,091,754 (202206) to $3,865,988 (202306), a +25.0% change. Based on 12 filings on record.
What is Bunker Hill Community College Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Bunker Hill Community College Foundation Inc covers tax period 202306. It shows revenue of $3,865,988, expenses of $3,586,622, total assets of $10,374,484, and liabilities of $103,045.
How much does Bunker Hill Community College Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Bunker Hill Community College Foundation Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Bunker Hill Community College Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Bunker Hill Community College Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 4 strengths noted.
What are the red flags for Bunker Hill Community College Foundation Inc?
The following concerns were identified: Lack of detailed breakdown for 'other expenses' in some filings, making it harder to fully assess administrative vs. program spending.. The 0% compensation for key employees might obscure indirect benefits or compensation paid through the college, which isn't transparent in the foundation's filings.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Bunker Hill Community College Foundation Inc's strengths?
Positive indicators for Bunker Hill Community College Foundation Inc include: Consistent and significant growth in assets, indicating strong fundraising and investment management.. Low liabilities across all reported years, demonstrating financial stability.. Clear mission alignment with supporting Bunker Hill Community College.. Positive trend in revenue generation, nearly doubling from $2.4M in 2021 to $3.8M in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Bunker Hill Community College Foundation Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer board or that compensation for key personnel is handled by the college directly, not the foundation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Bunker Hill Community College Foundation Inc?
• The organization consistently reports 0% compensation to officers, directors, trustees, and key employees, indicating volunteer leadership or separate compensation structures. • Financial filings show consistent revenue growth over the past several years, with assets growing from $5.1M in 2016 to $12.5M in 2023. • Liabilities remain relatively low, suggesting good financial health and limited debt burden. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the foundation ensure its spending directly benefits students and programs at Bunker Hill Community College, given the lack of detailed program expense breakdowns in public filings?
While the filings show 'expenses' without granular program details, the foundation's mission is inherently tied to the college. Further due diligence would involve reviewing internal reports or direct communication with the foundation to understand specific allocations to scholarships, academic support, and other college initiatives.
What is the strategy behind the substantial asset growth, and how does it align with the foundation's long-term goals for supporting the college?
The asset growth from $5.1M in 2016 to $12.5M in 2023 suggests successful fundraising and potentially sound investment strategies. This growth likely aims to build an endowment for sustainable, long-term support of the college, providing a stable funding source independent of annual donations.
Filing History
IRS 990 filing history for Bunker Hill Community College Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Bunker Hill Community College Foundation Inc's revenue has grown by 346.7%, moving from $865K to $3.9M. Total assets increased by 132.5% over the same period, from $4.5M to $10.4M. Total functional expenses rose by 1175.1%, from $281K to $3.6M. In its most recent filing year (2023), Bunker Hill Community College Foundation Inc reported a surplus of $279K, with revenue exceeding expenses. The organization holds $103K in liabilities against $10.4M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $10.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $3.6M | $10.4M | $103K | — | View 990 |
| 2022 | $3.1M | $2.0M | $9.8M | $225K | — | View 990 |
| 2021 | $2.5M | $2.1M | $10.2M | $3K | — | View 990 |
| 2020 | $2.3M | $2.2M | $8.6M | $335K | — | View 990 |
| 2019 | $2.1M | $1.2M | $8.2M | $127K | — | View 990 |
| 2018 | $1.7M | $604K | $7.0M | $68K | — | View 990 |
| 2017 | $1.3M | $755K | $5.5M | $537 | — | View 990 |
| 2016 | $673K | $487K | $5.1M | $28K | — | View 990 |
| 2015 | $794K | $1.1M | $5.2M | $18K | — | View 990 |
| 2014 | $1.1M | $1.3M | $5.8M | $132K | — | View 990 |
| 2013 | $1.1M | $311K | $5.6M | $2K | — | View 990 |
| 2012 | $865K | $281K | $4.5M | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $3.6M, and assets of $10.4M (revenue +25.0% year-over-year).
- 2022: Revenue of $3.1M, expenses of $2.0M, and assets of $9.8M (revenue +24.6% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.1M, and assets of $10.2M (revenue +7.9% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.2M, and assets of $8.6M (revenue +7.6% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.2M, and assets of $8.2M (revenue +24.2% year-over-year).
- 2018: Revenue of $1.7M, expenses of $604K, and assets of $7.0M (revenue +29.9% year-over-year).
- 2017: Revenue of $1.3M, expenses of $755K, and assets of $5.5M (revenue +96.9% year-over-year).
- 2016: Revenue of $673K, expenses of $487K, and assets of $5.1M (revenue -15.2% year-over-year).
- 2015: Revenue of $794K, expenses of $1.1M, and assets of $5.2M (revenue -28.9% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.3M, and assets of $5.8M (revenue +1.1% year-over-year).
- 2013: Revenue of $1.1M, expenses of $311K, and assets of $5.6M (revenue +27.6% year-over-year).
- 2012: Revenue of $865K, expenses of $281K, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bunker Hill Community College Foundation Inc:
Data Sources and Methodology
This transparency report for Bunker Hill Community College Foundation 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.