Central Square Business Improvement District Inc
EIN: 842076384 · Cambridge, MA · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.6M |
| Net Assets | $167K |
Is Central Square Business Improvement District Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central Square Business Improvement District Inc
Central Square Business Improvement District Inc (EIN: 842076384) is a nonprofit organization based in Cambridge, MA, classified under NTEE code S30. The organization reported total revenue of $3.0M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Square Business Improvement District Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Square Business Improvement District Inc is a mid-size nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 20.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-81,379 |
| Total Assets | $984K |
| Total Liabilities | $817K |
| Net Assets | $167K |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 83.1% |
| Months of Reserves | 4.5 months |
Financial Health Grade: C
In 2023, Central Square Business Improvement District Inc reported a deficit of $81K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 83.1% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Central Square Business Improvement District Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.7% | +9.3% | +49.6% |
| 2022 | -7.2% | -9.8% | +198.6% |
| 2021 | +85.0% | +103.8% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Central Square Business Improvement District Inc 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 Central Square Business Improvement District Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $81K, with expenses exceeding revenue.
- Debt-to-asset ratio: 83.1%.
Frequently Asked Questions about Central Square Business Improvement District Inc
Is Central Square Business Improvement District Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Square Business Improvement District Inc (EIN: 842076384) insufficient data. 0 red flags identified, 0 strengths noted.
How does Central Square Business Improvement District Inc spend its money?
Detailed spending breakdown data is not yet available for Central Square Business Improvement District Inc. Check back for updated IRS 990 analysis.
Are donations to Central Square Business Improvement District Inc tax-deductible?
Central Square Business Improvement District Inc is registered as a tax-exempt nonprofit (EIN: 842076384). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central Square Business Improvement District Inc located?
Central Square Business Improvement District Inc is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 842076384. It is classified under NTEE code S30.
How many years of IRS 990 filings does Central Square Business Improvement District Inc have?
Central Square Business Improvement District Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $3.0M in total revenue.
Filing History
IRS 990 filing history for Central Square Business Improvement District Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Central Square Business Improvement District Inc's revenue has grown by 74.5%, moving from $1.5M to $2.6M. Total assets increased by 368.2% over the same period, from $210K to $984K. Total functional expenses rose by 101%, from $1.3M to $2.6M. In its most recent filing year (2023), Central Square Business Improvement District Inc reported a deficit of $81K, with expenses exceeding revenue. The organization holds $817K in liabilities against $984K in assets (debt-to-asset ratio: 83.1%), resulting in net assets of $167K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.6M | $984K | $817K | — | — |
| 2022 | $2.5M | $2.4M | $658K | $410K | — | View 990 |
| 2021 | $2.7M | $2.7M | $220K | $33K | — | View 990 |
| 2020 | $1.5M | $1.3M | $210K | $57K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.6M, and assets of $984K (revenue +1.7% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.4M, and assets of $658K (revenue -7.2% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.7M, and assets of $220K (revenue +85.0% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.3M, and assets of $210K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Square Business Improvement District Inc:
Data Sources and Methodology
This transparency report for Central Square Business Improvement District 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.