Cambridge Health Alliance Foundation Inc
Cambridge Health Alliance Foundation Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 10676306 · Malden, MA · NTEE: E11 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| Net Assets | $7.4M |
| Transparency Score | 90/100 |
Is Cambridge Health Alliance Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cambridge Health Alliance Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cambridge Health Alliance Foundation Inc
Cambridge Health Alliance Foundation Inc (EIN: 10676306) is a nonprofit organization based in Malden, MA, classified under NTEE code E11. The organization reported total revenue of $4.3M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cambridge Health Alliance Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cambridge Health Alliance Foundation Inc is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$2.2M |
| Total Assets | $7.6M |
| Total Liabilities | $220K |
| Net Assets | $7.4M |
| Operating Margin | 66.0% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 81.3 months |
Financial Health Grade: A
In 2023, Cambridge Health Alliance Foundation Inc reported a surplus of $2.2M with revenue exceeding expenses, holds 81.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cambridge Health Alliance Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.7% | -28.1% | +8.6% |
| 2022 | +18.0% | +37.3% | +25.5% |
| 2021 | +56.3% | +29.1% | +53.9% |
| 2020 | -7.1% | +5.1% | +44.9% |
| 2019 | +20.1% | -15.8% | +21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Cambridge Health Alliance Foundation Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Cambridge Health Alliance Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that the organization's leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation on the 990, which is highly unusual for an organization of its size and growing revenue.
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 Cambridge Health Alliance Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided summary data makes precise efficiency analysis challenging.
- Consistent 0% officer compensation for an organization with growing revenue and assets could indicate compensation is reported under other categories or that the leadership structure is entirely volunteer, which is uncommon for this scale.
Strengths
The following positive indicators were identified for Cambridge Health Alliance Foundation Inc:
- Consistent and significant revenue growth over the past decade, from $872,902 in 2015 to $3,325,426 in 2023.
- Strong asset accumulation, growing from $1,369,286 in 2015 to $7,649,783 in 2023, indicating financial stability and capacity.
- Expenses consistently well below revenue, demonstrating effective financial management and a healthy surplus.
- No reported officer compensation across all available filings, suggesting a high dedication of resources to the mission.
- Consistent filing of IRS Form 990s over 13 periods, indicating good transparency and compliance.
Frequently Asked Questions about Cambridge Health Alliance Foundation Inc
Is Cambridge Health Alliance Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cambridge Health Alliance Foundation Inc (EIN: 10676306) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Cambridge Health Alliance Foundation Inc spend its money?
Cambridge Health Alliance Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cambridge Health Alliance Foundation Inc tax-deductible?
Cambridge Health Alliance Foundation Inc is registered as a tax-exempt nonprofit (EIN: 10676306). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cambridge Health Alliance Foundation Inc's spending goes to programs?
Cambridge Health Alliance Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cambridge Health Alliance Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Cambridge Health Alliance Foundation Inc is above average for NTEE category E11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cambridge Health Alliance Foundation Inc located?
Cambridge Health Alliance Foundation Inc is headquartered in Malden, Massachusetts and files with the IRS under EIN 10676306. It is classified under NTEE code E11.
How many years of IRS 990 filings does Cambridge Health Alliance Foundation Inc have?
Cambridge Health Alliance Foundation 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 $4.3M in total revenue.
Is Cambridge Health Alliance Foundation Inc a good charity?
Based on its strong financial health, consistent asset growth, and zero reported officer compensation, the foundation appears to be a well-managed and efficient charity. Its consistent revenue exceeding expenses suggests effective resource utilization.
How has the organization's financial health changed over time?
The organization has shown significant financial growth, with assets increasing from $1,369,286 in 2015 to $7,649,783 in 2023, and revenue growing from $872,902 in 2015 to $3,325,426 in 2023, indicating robust and sustained financial improvement.
What is the significance of 0% officer compensation?
0% officer compensation suggests that the organization's top leadership is either entirely volunteer-based or compensated through a different structure not reported as officer compensation on the 990. This can be a positive indicator of resources being directed towards the mission rather than executive salaries, though it warrants further investigation for clarity.
Filing History
IRS 990 filing history for Cambridge Health Alliance Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cambridge Health Alliance Foundation Inc's revenue has grown by 422.1%, moving from $637K to $3.3M. Total assets increased by 188.4% over the same period, from $2.7M to $7.6M. Total functional expenses rose by 54.5%, from $731K to $1.1M. In its most recent filing year (2023), Cambridge Health Alliance Foundation Inc reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $220K in liabilities against $7.6M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $7.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $1.1M | $7.6M | $220K | — | — |
| 2022 | $3.0M | $1.6M | $7.0M | $114K | — | View 990 |
| 2021 | $2.5M | $1.1M | $5.6M | $100K | — | View 990 |
| 2020 | $1.6M | $886K | $3.6M | $422K | — | View 990 |
| 2019 | $1.8M | $843K | $2.5M | $101K | — | View 990 |
| 2018 | $1.5M | $1.0M | $2.1M | $38K | — | View 990 |
| 2017 | $1.0M | $626K | $1.7M | $142K | — | View 990 |
| 2016 | $984K | $758K | $1.5M | $197K | — | View 990 |
| 2015 | $873K | $980K | $1.4M | $507K | — | View 990 |
| 2014 | $1.5M | $1.5M | $2.8M | $256K | — | View 990 |
| 2013 | $1.2M | $1.2M | $3.3M | $160K | — | View 990 |
| 2012 | $1.1M | $1.2M | $2.5M | $297K | — | View 990 |
| 2011 | $637K | $731K | $2.7M | $213K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $1.1M, and assets of $7.6M (revenue +10.7% year-over-year).
- 2022: Revenue of $3.0M, expenses of $1.6M, and assets of $7.0M (revenue +18.0% year-over-year).
- 2021: Revenue of $2.5M, expenses of $1.1M, and assets of $5.6M (revenue +56.3% year-over-year).
- 2020: Revenue of $1.6M, expenses of $886K, and assets of $3.6M (revenue -7.1% year-over-year).
- 2019: Revenue of $1.8M, expenses of $843K, and assets of $2.5M (revenue +20.1% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.0M, and assets of $2.1M (revenue +41.5% year-over-year).
- 2017: Revenue of $1.0M, expenses of $626K, and assets of $1.7M (revenue +4.7% year-over-year).
- 2016: Revenue of $984K, expenses of $758K, and assets of $1.5M (revenue +12.8% year-over-year).
- 2015: Revenue of $873K, expenses of $980K, and assets of $1.4M (revenue -41.8% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $2.8M (revenue +29.3% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $3.3M (revenue +5.8% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $2.5M (revenue +71.9% year-over-year).
- 2011: Revenue of $637K, expenses of $731K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cambridge Health Alliance Foundation Inc:
Data Sources and Methodology
This transparency report for Cambridge Health Alliance 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.