Educational Foundation Of The Massachusetts Society Of Certified
EIN: 46139571 · Boston, MA
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.1M |
| Net Assets | $1.2M |
Is Educational Foundation Of The Massachusetts Society Of Certified Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Educational Foundation Of The Massachusetts Society Of Certified
Educational Foundation Of The Massachusetts Society Of Certified (EIN: 46139571) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $2.6M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Educational Foundation Of The Massachusetts Society Of Certified's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Educational Foundation Of The Massachusetts Society Of Certified is a mid-size nonprofit that has been operating for 60 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$243K |
| Total Assets | $1.5M |
| Total Liabilities | $352K |
| Net Assets | $1.2M |
| Operating Margin | 10.4% |
| Debt-to-Asset Ratio | 23.4% |
| Months of Reserves | 8.6 months |
Financial Health Grade: A
In 2023, Educational Foundation Of The Massachusetts Society Of Certified reported a surplus of $243K with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 23.4% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Educational Foundation Of The Massachusetts Society Of Certified's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.4% | +31.8% | +17.6% |
| 2022 | +38.1% | +22.3% | +58.7% |
| 2021 | -29.0% | -34.0% | +22.2% |
| 2020 | -4.6% | -2.0% | -11.2% |
| 2019 | +10.0% | +3.2% | +29.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Educational Foundation Of The Massachusetts Society Of Certified 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 Educational Foundation Of The Massachusetts Society Of Certified 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 $243K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.4%.
Frequently Asked Questions about Educational Foundation Of The Massachusetts Society Of Certified
Is Educational Foundation Of The Massachusetts Society Of Certified a legitimate charity?
Educational Foundation Of The Massachusetts Society Of Certified (EIN: 46139571) is a registered tax-exempt nonprofit based in Massachusetts. It has 12 years of IRS 990 filings on record. Total revenue: $2.6M. No red flags identified. Financial health grade: A.
How does Educational Foundation Of The Massachusetts Society Of Certified spend its money?
Educational Foundation Of The Massachusetts Society Of Certified reported $2.6M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Educational Foundation Of The Massachusetts Society Of Certified tax-deductible?
Educational Foundation Of The Massachusetts Society Of Certified is registered as a tax-exempt nonprofit (EIN: 46139571). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Educational Foundation Of The Massachusetts Society Of Certified located?
Educational Foundation Of The Massachusetts Society Of Certified is headquartered in Boston, Massachusetts and files with the IRS under EIN 46139571.
How many years of IRS 990 filings does Educational Foundation Of The Massachusetts Society Of Certified have?
Educational Foundation Of The Massachusetts Society Of Certified 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 $2.6M in total revenue.
Filing History
IRS 990 filing history for Educational Foundation Of The Massachusetts Society Of Certified showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Educational Foundation Of The Massachusetts Society Of Certified's revenue has grown by 19.9%, moving from $1.9M to $2.3M. Total assets increased by 320.7% over the same period, from $357K to $1.5M. Total functional expenses rose by 7.7%, from $1.9M to $2.1M. In its most recent filing year (2023), Educational Foundation Of The Massachusetts Society Of Certified reported a surplus of $243K, with revenue exceeding expenses. The organization holds $352K in liabilities against $1.5M in assets (debt-to-asset ratio: 23.4%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.1M | $1.5M | $352K | — | View 990 |
| 2022 | $2.0M | $1.6M | $1.3M | $370K | — | View 990 |
| 2021 | $1.5M | $1.3M | $805K | $316K | — | View 990 |
| 2020 | $2.0M | $2.0M | $659K | $324K | — | View 990 |
| 2019 | $2.1M | $2.0M | $741K | $488K | — | View 990 |
| 2018 | $2.0M | $1.9M | $572K | $458K | — | View 990 |
| 2017 | $1.8M | $1.8M | $555K | $447K | — | View 990 |
| 2016 | $1.9M | $1.9M | $391K | $296K | — | View 990 |
| 2015 | $1.9M | $2.0M | $420K | $320K | — | View 990 |
| 2014 | $2.0M | $2.0M | $362K | $253K | — | View 990 |
| 2013 | $2.0M | $2.0M | $362K | $242K | — | View 990 |
| 2012 | $1.9M | $1.9M | $357K | $241K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.1M, and assets of $1.5M (revenue +16.4% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.6M, and assets of $1.3M (revenue +38.1% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.3M, and assets of $805K (revenue -29.0% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.0M, and assets of $659K (revenue -4.6% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $741K (revenue +10.0% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.9M, and assets of $572K (revenue +6.8% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.8M, and assets of $555K (revenue -4.9% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.9M, and assets of $391K (revenue -1.5% year-over-year).
- 2015: Revenue of $1.9M, expenses of $2.0M, and assets of $420K (revenue -1.3% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.0M, and assets of $362K (revenue +0.8% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $362K (revenue +0.6% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.9M, and assets of $357K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Educational Foundation Of The Massachusetts Society Of Certified:
Data Sources and Methodology
This transparency report for Educational Foundation Of The Massachusetts Society Of Certified 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.