Epilepsy Foundation New England Inc
Epilepsy Foundation New England: Strong Financial Health, Moderate Transparency
EIN: 222505819 · Lowell, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $7.9M |
| Total Expenses | $6.5M |
| Program Spending | 75% |
| Net Assets | $12.3M |
| Transparency Score | 85/100 |
Is Epilepsy Foundation New England Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Epilepsy Foundation New England Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Epilepsy Foundation New England Inc
Epilepsy Foundation New England Inc (EIN: 222505819) is a nonprofit organization based in Lowell, MA. The organization reported total revenue of $7.9M and total assets of $15.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Epilepsy Foundation New England Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Epilepsy Foundation New England Inc is a mid-size nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 18.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.4M |
| Total Expenses | $6.5M |
| Surplus / Deficit | +$900K |
| Total Assets | $13.9M |
| Total Liabilities | $1.6M |
| Net Assets | $12.3M |
| Operating Margin | 12.2% |
| Debt-to-Asset Ratio | 11.4% |
| Months of Reserves | 25.8 months |
Financial Health Grade: A
In 2024, Epilepsy Foundation New England Inc reported a surplus of $900K with revenue exceeding expenses, holds 25.8 months of operating reserves (strong position), has a debt-to-asset ratio of 11.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2024), Epilepsy Foundation New England Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.9% | +9.3% | +33.4% |
| 2023 | +9.9% | +26.3% | +14.8% |
| 2022 | -6.6% | +13.7% | -0.8% |
| 2021 | +17.7% | -16.4% | +46.1% |
| 2020 | -10.1% | -15.0% | +12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Epilepsy Foundation New England 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Epilepsy Foundation New England Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $900K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.4%.
Executive Compensation Analysis
Executive compensation details are not provided in the summary data, requiring a review of Form 990 filings for specific figures.
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.
Strengths
The following positive indicators were identified for Epilepsy Foundation New England Inc:
- Consistent revenue growth over the past several years, with revenue increasing from $5.4M in 2020 to $7.8M in 2024.
- Healthy asset growth, from $6.2M in 2020 to $15.3M in 2024, indicating strong financial management.
- Low liability-to-asset ratio, with liabilities at $1.5M against $15.3M in assets in 2024, suggesting financial stability.
Frequently Asked Questions about Epilepsy Foundation New England Inc
Is Epilepsy Foundation New England Inc a legitimate charity?
Epilepsy Foundation New England Inc (EIN: 222505819) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.9M. No red flags identified. 3 strengths noted. Financial health grade: A.
How does Epilepsy Foundation New England Inc spend its money?
Epilepsy Foundation New England Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Epilepsy Foundation New England Inc tax-deductible?
Epilepsy Foundation New England Inc is registered as a tax-exempt nonprofit (EIN: 222505819). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Epilepsy Foundation New England Inc's spending goes to programs?
Epilepsy Foundation New England Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Epilepsy Foundation New England Inc located?
Epilepsy Foundation New England Inc is headquartered in Lowell, Massachusetts and files with the IRS under EIN 222505819.
How many years of IRS 990 filings does Epilepsy Foundation New England Inc have?
Epilepsy Foundation New England 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 $7.9M in total revenue.
What does Epilepsy Foundation New England Inc do?
Epilepsy Foundation New England Inc is a nonprofit organization in the Unknown sector, located in Lowell, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Epilepsy Foundation New England Inc have?
Epilepsy Foundation New England Inc reported total revenue of $7,868,112. Based on 13 IRS 990 filings on record.
What are Epilepsy Foundation New England Inc's total assets?
Epilepsy Foundation New England Inc holds total assets of $15,377,474 as reported in IRS 990 filings.
Where is Epilepsy Foundation New England Inc located?
Epilepsy Foundation New England Inc is based in Lowell, Massachusetts.
What is Epilepsy Foundation New England Inc's EIN?
Epilepsy Foundation New England Inc's Employer Identification Number (EIN) is 222505819. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Epilepsy Foundation New England Inc?
Epilepsy Foundation New England Inc is classified under NTEE code Unknown (Unknown).
Is Epilepsy Foundation New England Inc a registered 501(c)(3)?
Epilepsy Foundation New England Inc appears in IRS records (EIN: 222505819). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Epilepsy Foundation New England Inc file IRS Form 990?
Yes, Epilepsy Foundation New England Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Epilepsy Foundation New England Inc's revenue in 2024?
In the 202406 filing period, Epilepsy Foundation New England Inc reported total revenue of $7,355,741, total expenses of $6,455,357, and net assets of $13,877,043.
Is Epilepsy Foundation New England Inc's revenue growing or declining?
Epilepsy Foundation New England Inc's revenue is growing. Revenue went from $6,573,455 (202306) to $7,355,741 (202406), a +11.9% change. Based on 13 filings on record.
What is Epilepsy Foundation New England Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Epilepsy Foundation New England Inc covers tax period 202406. It shows revenue of $7,355,741, expenses of $6,455,357, total assets of $13,877,043, and liabilities of $1,575,165.
How much does Epilepsy Foundation New England Inc spend on programs vs administration?
Based on IRS 990 analysis, Epilepsy Foundation New England Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Epilepsy Foundation New England Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Epilepsy Foundation New England Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Epilepsy Foundation New England Inc's strengths?
Positive indicators for Epilepsy Foundation New England Inc include: Consistent revenue growth over the past several years, with revenue increasing from $5.4M in 2020 to $7.8M in 2024.. Healthy asset growth, from $6.2M in 2020 to $15.3M in 2024, indicating strong financial management.. Low liability-to-asset ratio, with liabilities at $1.5M against $15.3M in assets in 2024, suggesting financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Epilepsy Foundation New England Inc compensate executives?
Executive compensation details are not provided in the summary data, requiring a review of Form 990 filings for specific figures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to achieve consistent asset growth while maintaining relatively low liabilities?
The organization has consistently generated more revenue than expenses, leading to an accumulation of net assets. For example, in 2024, revenue was $7,355,741 while expenses were $6,455,357, contributing to asset growth.
What factors contributed to the significant increase in assets from $10.4M in 2023 to $15.3M in 2024?
The substantial increase in assets can be attributed to a strong financial year where revenue ($7,355,741) significantly outpaced expenses ($6,455,357), resulting in a net positive contribution to the asset base.
Filing History
IRS 990 filing history for Epilepsy Foundation New England Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Epilepsy Foundation New England Inc's revenue has grown by 835.1%, moving from $787K to $7.4M. Total assets increased by 1661.7% over the same period, from $788K to $13.9M. Total functional expenses rose by 1306.5%, from $459K to $6.5M. In its most recent filing year (2024), Epilepsy Foundation New England Inc reported a surplus of $900K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $13.9M in assets (debt-to-asset ratio: 11.4%), resulting in net assets of $12.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $7.4M | $6.5M | $13.9M | $1.6M | — | View 990 |
| 2023 | $6.6M | $5.9M | $10.4M | $419K | — | View 990 |
| 2022 | $6.0M | $4.7M | $9.1M | $306K | — | View 990 |
| 2021 | $6.4M | $4.1M | $9.1M | $383K | — | View 990 |
| 2020 | $5.4M | $4.9M | $6.3M | $730K | — | View 990 |
| 2019 | $6.1M | $5.8M | $5.6M | $724K | — | View 990 |
| 2018 | $6.9M | $6.3M | $4.7M | $235K | — | View 990 |
| 2017 | $7.4M | $6.5M | $4.4M | $401K | — | View 990 |
| 2016 | $6.0M | $5.3M | $3.4M | $401K | — | View 990 |
| 2015 | $4.3M | $3.7M | $2.4M | $151K | — | View 990 |
| 2014 | $3.8M | $3.4M | $1.8M | $136K | — | View 990 |
| 2012 | $3.7M | $3.2M | $1.1M | $157K | — | View 990 |
| 2011 | $787K | $459K | $788K | $160K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $7.4M, expenses of $6.5M, and assets of $13.9M (revenue +11.9% year-over-year).
- 2023: Revenue of $6.6M, expenses of $5.9M, and assets of $10.4M (revenue +9.9% year-over-year).
- 2022: Revenue of $6.0M, expenses of $4.7M, and assets of $9.1M (revenue -6.6% year-over-year).
- 2021: Revenue of $6.4M, expenses of $4.1M, and assets of $9.1M (revenue +17.7% year-over-year).
- 2020: Revenue of $5.4M, expenses of $4.9M, and assets of $6.3M (revenue -10.1% year-over-year).
- 2019: Revenue of $6.1M, expenses of $5.8M, and assets of $5.6M (revenue -12.3% year-over-year).
- 2018: Revenue of $6.9M, expenses of $6.3M, and assets of $4.7M (revenue -6.7% year-over-year).
- 2017: Revenue of $7.4M, expenses of $6.5M, and assets of $4.4M (revenue +24.1% year-over-year).
- 2016: Revenue of $6.0M, expenses of $5.3M, and assets of $3.4M (revenue +37.4% year-over-year).
- 2015: Revenue of $4.3M, expenses of $3.7M, and assets of $2.4M (revenue +13.4% year-over-year).
- 2014: Revenue of $3.8M, expenses of $3.4M, and assets of $1.8M (revenue +3.0% year-over-year).
- 2012: Revenue of $3.7M, expenses of $3.2M, and assets of $1.1M (revenue +372.2% year-over-year).
- 2011: Revenue of $787K, expenses of $459K, and assets of $788K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Epilepsy Foundation New England Inc:
Data Sources and Methodology
This transparency report for Epilepsy Foundation New England 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.