Cultural Alliance Of Medfield
EIN: 473735323 · Medfield, MA · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $966K |
| Net Assets | $5.4M |
Is Cultural Alliance Of Medfield Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cultural Alliance Of Medfield
Cultural Alliance Of Medfield (EIN: 473735323) is a nonprofit organization based in Medfield, MA, classified under NTEE code A20. The organization reported total revenue of $1.3M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cultural Alliance Of Medfield's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cultural Alliance Of Medfield is a mid-size nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 222.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $966K |
| Surplus / Deficit | +$3.8M |
| Total Assets | $5.5M |
| Total Liabilities | $72K |
| Net Assets | $5.4M |
| Operating Margin | 79.9% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 68.0 months |
Financial Health Grade: A
In 2023, Cultural Alliance Of Medfield reported a surplus of $3.8M with revenue exceeding expenses, holds 68.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Cultural Alliance Of Medfield's revenue has grown at a compound annual growth rate (CAGR) of 222.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +147.6% | +93.5% | +245.7% |
| 2022 | +1098.7% | +799.6% | +68.5% |
| 2021 | +386.1% | +175.4% | +2633.8% |
| 2020 | -54.6% | -67.6% | +61.4% |
| 2019 | +139.8% | +188.2% | +107.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cultural Alliance Of Medfield 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 Cultural Alliance Of Medfield 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 surplus of $3.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about Cultural Alliance Of Medfield
Is Cultural Alliance Of Medfield a legitimate charity?
Based on AI analysis of IRS 990 filings, Cultural Alliance Of Medfield (EIN: 473735323) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cultural Alliance Of Medfield spend its money?
Detailed spending breakdown data is not yet available for Cultural Alliance Of Medfield. Check back for updated IRS 990 analysis.
Are donations to Cultural Alliance Of Medfield tax-deductible?
Cultural Alliance Of Medfield is registered as a tax-exempt nonprofit (EIN: 473735323). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cultural Alliance Of Medfield located?
Cultural Alliance Of Medfield is headquartered in Medfield, Massachusetts and files with the IRS under EIN 473735323. It is classified under NTEE code A20.
How many years of IRS 990 filings does Cultural Alliance Of Medfield have?
Cultural Alliance Of Medfield has 8 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Cultural Alliance Of Medfield showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Cultural Alliance Of Medfield's revenue has grown by 362839.9%, moving from $1K to $4.8M. Total assets increased by 1433913.1% over the same period, from $382 to $5.5M. Total functional expenses rose by 102783.6%, from $939 to $966K. In its most recent filing year (2023), Cultural Alliance Of Medfield reported a surplus of $3.8M, with revenue exceeding expenses. The organization holds $72K in liabilities against $5.5M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $5.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $966K | $5.5M | $72K | — | View 990 |
| 2022 | $1.9M | $499K | $1.6M | $7K | — | View 990 |
| 2021 | $162K | $56K | $940K | $800K | — | View 990 |
| 2020 | $33K | $20K | $34K | $0 | — | View 990 |
| 2019 | $73K | $62K | $21K | $0 | — | View 990 |
| 2018 | $31K | $22K | $10K | $0 | — | View 990 |
| 2017 | $8K | $7K | $1K | $0 | — | View 990 |
| 2016 | $1K | $939 | $382 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $966K, and assets of $5.5M (revenue +147.6% year-over-year).
- 2022: Revenue of $1.9M, expenses of $499K, and assets of $1.6M (revenue +1098.7% year-over-year).
- 2021: Revenue of $162K, expenses of $56K, and assets of $940K (revenue +386.1% year-over-year).
- 2020: Revenue of $33K, expenses of $20K, and assets of $34K (revenue -54.6% year-over-year).
- 2019: Revenue of $73K, expenses of $62K, and assets of $21K (revenue +139.8% year-over-year).
- 2018: Revenue of $31K, expenses of $22K, and assets of $10K (revenue +292.5% year-over-year).
- 2017: Revenue of $8K, expenses of $7K, and assets of $1K (revenue +488.3% year-over-year).
- 2016: Revenue of $1K, expenses of $939, and assets of $382.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cultural Alliance Of Medfield:
Data Sources and Methodology
This transparency report for Cultural Alliance Of Medfield 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.