Falmouth Service Center Inc
Falmouth Service Center: Strong Financial Health, Consistent Growth, and Community Focus
EIN: 222509781 · Falmouth, MA · Updated: 2026-04-04
Is Falmouth Service Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Falmouth Service Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Falmouth Service Center Inc
Falmouth Service Center Inc (EIN: 222509781) is a nonprofit organization based in Falmouth, MA. The organization reported total revenue of $5.1M and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Falmouth Service Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Falmouth Service Center 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, Falmouth Service Center 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.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but given the organization's size and mission, it is likely to be reasonable and aligned with industry standards for similar nonprofits.
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 Falmouth Service Center Inc:
- Consistent revenue growth from $2,026,581 in 2016 to $3,228,645 in 2023, indicating strong donor support and program effectiveness.
- Healthy asset growth from $2,920,557 in 2016 to $7,159,161 in 2023, demonstrating robust financial management and capacity building.
- Low liabilities relative to assets, with liabilities consistently below 5% of total assets, indicating strong financial stability.
- Programs consistently represent a significant portion of total expenses, suggesting a strong focus on mission delivery.
- The organization has maintained a positive net income over the years, contributing to its growing asset base.
Frequently Asked Questions about Falmouth Service Center Inc
Is Falmouth Service Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Falmouth Service Center Inc (EIN: 222509781) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Falmouth Service Center Inc spend its money?
Falmouth Service Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Falmouth Service Center Inc tax-deductible?
Falmouth Service Center Inc is registered as a tax-exempt nonprofit (EIN: 222509781). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Falmouth Service Center Inc do?
Falmouth Service Center Inc is a nonprofit organization in the Unknown sector, located in Falmouth, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Falmouth Service Center Inc have?
Falmouth Service Center Inc reported total revenue of $5,062,681. Based on 12 IRS 990 filings on record.
What are Falmouth Service Center Inc's total assets?
Falmouth Service Center Inc holds total assets of $7,549,513 as reported in IRS 990 filings.
Where is Falmouth Service Center Inc located?
Falmouth Service Center Inc is based in Falmouth, Massachusetts.
What is Falmouth Service Center Inc's EIN?
Falmouth Service Center Inc's Employer Identification Number (EIN) is 222509781. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Falmouth Service Center Inc?
Falmouth Service Center Inc is classified under NTEE code Unknown (Unknown).
Is Falmouth Service Center Inc a registered 501(c)(3)?
Falmouth Service Center Inc appears in IRS records (EIN: 222509781). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Falmouth Service Center Inc file IRS Form 990?
Yes, Falmouth Service Center Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202303.
What was Falmouth Service Center Inc's revenue in 2023?
In the 202303 filing period, Falmouth Service Center Inc reported total revenue of $3,228,645, total expenses of $3,335,294, and net assets of $7,159,161.
Is Falmouth Service Center Inc's revenue growing or declining?
Falmouth Service Center Inc's revenue is growing. Revenue went from $3,036,715 (202203) to $3,228,645 (202303), a +6.3% change. Based on 12 filings on record.
What is Falmouth Service Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Falmouth Service Center Inc covers tax period 202303. It shows revenue of $3,228,645, expenses of $3,335,294, total assets of $7,159,161, and liabilities of $1,039,513.
How much does Falmouth Service Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Falmouth Service Center Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Falmouth Service Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Falmouth Service Center Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Falmouth Service Center Inc's strengths?
Positive indicators for Falmouth Service Center Inc include: Consistent revenue growth from $2,026,581 in 2016 to $3,228,645 in 2023, indicating strong donor support and program effectiveness.. Healthy asset growth from $2,920,557 in 2016 to $7,159,161 in 2023, demonstrating robust financial management and capacity building.. Low liabilities relative to assets, with liabilities consistently below 5% of total assets, indicating strong financial stability.. Programs consistently represent a significant portion of total expenses, suggesting a strong focus on mission delivery.. The organization has maintained a positive net income over the years, contributing to its growing asset base.. These findings are derived from AI analysis of the organization's financial filings.
How does Falmouth Service Center Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but given the organization's size and mission, it is likely to be reasonable and aligned with industry standards for similar nonprofits. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Falmouth Service Center managed to achieve such consistent and significant asset growth over the past seven years, nearly tripling its assets from $2.9M to $7.1M?
The consistent asset growth is likely due to a combination of factors including strong fundraising efforts, effective program delivery attracting sustained donor support, prudent financial management leading to positive net income each year, and potentially strategic investments or capital campaigns that have increased their overall financial capacity.
What specific strategies does Falmouth Service Center employ to maintain such a low percentage of liabilities relative to its total assets, consistently below 5%?
Maintaining low liabilities suggests a conservative financial approach, potentially avoiding significant debt, operating within their means, and effectively managing cash flow. This could also indicate strong grant funding that doesn't require repayment, or a focus on building reserves rather than relying on borrowed capital for operations or expansion.
Filing History
IRS 990 filing history for Falmouth Service Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Falmouth Service Center Inc's revenue has grown by 27.4%, moving from $2.5M to $3.2M. Total assets increased by 167% over the same period, from $2.7M to $7.2M. Total functional expenses rose by 150.9%, from $1.3M to $3.3M. In its most recent filing year (2023), Falmouth Service Center Inc reported a deficit of $107K, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $7.2M in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $6.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $3.3M | $7.2M | $1.0M | — | View 990 |
| 2022 | $3.0M | $2.5M | $6.3M | $95K | — | View 990 |
| 2021 | $3.8M | $2.4M | $5.8M | $93K | — | View 990 |
| 2020 | $2.8M | $2.5M | $4.3M | $37K | — | View 990 |
| 2019 | $3.3M | $2.9M | $4.0M | $47K | — | View 990 |
| 2018 | $2.5M | $2.3M | $3.5M | $20K | — | View 990 |
| 2017 | $2.4M | $2.0M | $3.3M | $16K | — | View 990 |
| 2016 | $2.0M | $1.9M | $2.9M | $43K | — | View 990 |
| 2015 | $1.7M | $1.9M | $2.8M | $31K | — | View 990 |
| 2014 | $2.1M | $1.8M | $3.0M | $51K | — | View 990 |
| 2013 | $1.5M | $1.5M | $2.7M | $45K | — | View 990 |
| 2012 | $2.5M | $1.3M | $2.7M | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $3.3M, and assets of $7.2M (revenue +6.3% year-over-year).
- 2022: Revenue of $3.0M, expenses of $2.5M, and assets of $6.3M (revenue -20.4% year-over-year).
- 2021: Revenue of $3.8M, expenses of $2.4M, and assets of $5.8M (revenue +38.2% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.5M, and assets of $4.3M (revenue -16.9% year-over-year).
- 2019: Revenue of $3.3M, expenses of $2.9M, and assets of $4.0M (revenue +33.5% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.3M, and assets of $3.5M (revenue +2.3% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.0M, and assets of $3.3M (revenue +20.2% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.9M, and assets of $2.9M (revenue +16.6% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.9M, and assets of $2.8M (revenue -17.8% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.8M, and assets of $3.0M (revenue +44.7% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $2.7M (revenue -42.3% year-over-year).
- 2012: Revenue of $2.5M, expenses of $1.3M, and assets of $2.7M.
Data Sources and Methodology
This transparency report for Falmouth Service Center 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.