Colleges Of The Fenway Inc
Colleges Of The Fenway Inc maintains stable finances with consistent near break-even operations and no reported officer compensation.
EIN: 113682703 · Boston, MA · NTEE: B12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $3.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $652K |
| Transparency Score | 85/100 |
Is Colleges Of The Fenway Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Colleges Of The Fenway Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Colleges Of The Fenway Inc
Colleges Of The Fenway Inc (EIN: 113682703) is a nonprofit organization based in Boston, MA, classified under NTEE code B12. The organization reported total revenue of $3.2M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colleges Of The Fenway Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colleges Of The Fenway Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.5M |
| Surplus / Deficit | +$11K |
| Total Assets | $3.0M |
| Total Liabilities | $2.4M |
| Net Assets | $652K |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 78.3% |
| Months of Reserves | 10.4 months |
Financial Health Grade: A
In 2023, Colleges Of The Fenway Inc reported a surplus of $11K with revenue exceeding expenses, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 78.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Colleges Of The Fenway Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.2% | +0.6% | +18.7% |
| 2022 | +2.6% | -2.7% | +15.8% |
| 2021 | -3.9% | +1.5% | -17.7% |
| 2020 | -1.6% | -2.8% | +22.0% |
| 2019 | +9.2% | +5.8% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Colleges Of The Fenway Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Colleges Of The Fenway 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 $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 78.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization with annual revenues exceeding $3 million. This suggests that executive leadership may be volunteer-based or compensated through a different structure not classified as officer compensation on the 990.
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 Colleges Of The Fenway Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, making precise efficiency analysis difficult.
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could warrant further inquiry into compensation structures.
Strengths
The following positive indicators were identified for Colleges Of The Fenway Inc:
- Consistent financial stability with revenues generally matching expenses over a decade.
- Growth in assets from $2,059,591 in 2014 to $3,004,671 in 2023, indicating financial health.
- No reported officer compensation, suggesting efficient use of funds or volunteer leadership.
- Consistent IRS 990 filing history, indicating good transparency practices.
Frequently Asked Questions about Colleges Of The Fenway Inc
Is Colleges Of The Fenway Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Colleges Of The Fenway Inc (EIN: 113682703) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Colleges Of The Fenway Inc spend its money?
Colleges Of The Fenway Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Colleges Of The Fenway Inc tax-deductible?
Colleges Of The Fenway Inc is registered as a tax-exempt nonprofit (EIN: 113682703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Colleges Of The Fenway Inc CEO make?
Colleges Of The Fenway Inc's highest-compensated officer earns $3 annually. The organization reported $3.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Colleges Of The Fenway Inc's spending goes to programs?
Colleges Of The Fenway Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Colleges Of The Fenway Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Colleges Of The Fenway Inc is above average for NTEE category B12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Colleges Of The Fenway Inc located?
Colleges Of The Fenway Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 113682703. It is classified under NTEE code B12.
How many years of IRS 990 filings does Colleges Of The Fenway Inc have?
Colleges Of The Fenway 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 $3.2M in total revenue.
Is Colleges Of The Fenway Inc a good charity?
Based on the available data, Colleges Of The Fenway Inc appears to be a financially stable organization with consistent operations and no reported officer compensation, which are positive indicators. However, a detailed breakdown of program, administrative, and fundraising expenses would provide a more complete picture of its efficiency.
How does Colleges Of The Fenway Inc manage its executive compensation?
The organization consistently reports 0% officer compensation on its IRS 990 filings, indicating that its leadership may be volunteer-based or compensated through mechanisms not reported in that specific section of the form.
What is the trend in Colleges Of The Fenway Inc's financial health?
Colleges Of The Fenway Inc has demonstrated consistent financial health over the past decade, with revenues generally matching expenses and a steady growth in assets from $2,059,591 in 2014 to $3,004,671 in 2023.
Filing History
IRS 990 filing history for Colleges Of The Fenway Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Colleges Of The Fenway Inc's revenue has grown by 68.8%, moving from $2.1M to $3.5M. Total assets increased by 37.3% over the same period, from $2.2M to $3.0M. Total functional expenses rose by 51.1%, from $2.3M to $3.5M. In its most recent filing year (2023), Colleges Of The Fenway Inc reported a surplus of $11K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $3.0M in assets (debt-to-asset ratio: 78.3%), resulting in net assets of $652K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.5M | $3.0M | $2.4M | — | — |
| 2022 | $3.5M | $3.5M | $2.5M | $1.9M | — | View 990 |
| 2021 | $3.4M | $3.6M | $2.2M | $1.6M | — | — |
| 2020 | $3.5M | $3.5M | $2.7M | $1.9M | — | View 990 |
| 2019 | $3.6M | $3.6M | $2.2M | $1.4M | — | View 990 |
| 2018 | $3.3M | $3.4M | $2.1M | $1.3M | — | View 990 |
| 2017 | $3.1M | $3.2M | $2.1M | $1.3M | — | View 990 |
| 2016 | $3.6M | $3.6M | $2.2M | $1.3M | — | View 990 |
| 2015 | $2.6M | $2.7M | $2.2M | $1.2M | — | View 990 |
| 2014 | $2.4M | $2.5M | $2.1M | $994K | — | View 990 |
| 2013 | $2.4M | $2.5M | $2.0M | $883K | — | View 990 |
| 2012 | $2.2M | $2.4M | $1.9M | $683K | — | View 990 |
| 2011 | $2.1M | $2.3M | $2.2M | $752K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.5M, and assets of $3.0M (revenue +0.2% year-over-year).
- 2022: Revenue of $3.5M, expenses of $3.5M, and assets of $2.5M (revenue +2.6% year-over-year).
- 2021: Revenue of $3.4M, expenses of $3.6M, and assets of $2.2M (revenue -3.9% year-over-year).
- 2020: Revenue of $3.5M, expenses of $3.5M, and assets of $2.7M (revenue -1.6% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.6M, and assets of $2.2M (revenue +9.2% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.4M, and assets of $2.1M (revenue +4.8% year-over-year).
- 2017: Revenue of $3.1M, expenses of $3.2M, and assets of $2.1M (revenue -12.6% year-over-year).
- 2016: Revenue of $3.6M, expenses of $3.6M, and assets of $2.2M (revenue +35.3% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.7M, and assets of $2.2M (revenue +9.4% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.5M, and assets of $2.1M (revenue +0.5% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.5M, and assets of $2.0M (revenue +9.2% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.4M, and assets of $1.9M (revenue +6.8% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.3M, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colleges Of The Fenway Inc:
Data Sources and Methodology
This transparency report for Colleges Of The Fenway 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.