Family Promise Metrowest Inc

Family Promise Metrowest Inc maintains strong assets and no reported officer compensation, despite minor recent operating deficit.

EIN: 205963640 · Natick, MA · NTEE: L41 · Updated: 2026-03-28

$1.6MRevenue
$1.6MGross Revenue
$2.8MAssets
92/100Mission Score (Excellent)
L41

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Family Promise Metrowest Inc Financial Summary
MetricValue
Total Revenue$1.6M
Total Expenses$1.3M
Program Spending90%
CEO/Top Officer Pay$1.3
Net Assets$2.8M
Transparency Score92/100

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Family Promise Metrowest Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Family Promise Metrowest Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Family Promise Metrowest Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $1.3M and expenses of $1.3M.

Revenue and Expenses

Family Promise Metrowest Inc reported $1.3M in revenue and $1.3M in expenses, a deficit of $5K.

Executive Compensation

Top officer compensation appears as $1.3 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

92/100 mission score, 1 red flag, and 5 strengths are shown from structured and AI review.

Is Family Promise Metrowest Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Family Promise Metrowest Inc Expense Deployment
Program services$1.2M (90%)

Across stored filings, Family Promise Metrowest Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Family Promise Metrowest Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend90% to programsExcellent
Financial durabilityGrade B13 stored filing years
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Family Promise Metrowest Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Family Promise Metrowest Inc

Family Promise Metrowest Inc (EIN: 205963640) is a nonprofit organization based in Natick, MA, classified under NTEE code L41. The organization reported total revenue of $1.6M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Promise Metrowest Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Family Promise Metrowest Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.3M
Total Expenses$1.3M
Surplus / Deficit$-5,436
Total Assets$2.9M
Total Liabilities$46K
Net Assets$2.8M
Operating Margin-0.4%
Debt-to-Asset Ratio1.6%
Months of Reserves25.5 months

Financial Health Grade: B

In 2023, Family Promise Metrowest Inc reported a deficit of $5K with expenses exceeding revenue, holds 25.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Family Promise Metrowest Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+20.2%+16.5%-0.3%
2022-30.7%+12.4%-3.9%
2021+13.9%+8.3%+27.1%
2020+44.9%+25.9%+26.6%
2019-11.8%+11.9%-9.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Family Promise Metrowest Inc demonstrates a generally stable financial position with consistent revenue streams over the past several years. In the most recent filing (202312), the organization reported revenues of $1,336,603 against expenses of $1,342,039, indicating that expenses slightly exceeded revenue for that period. However, this is a minor deficit and the organization maintains healthy assets of $2,857,295, significantly exceeding its liabilities of $46,457, suggesting strong financial solvency. The organization's assets have shown consistent growth, nearly doubling from $1,855,149 in 2019 to $2,857,295 in 2023. Spending efficiency appears to be a strength, as the organization consistently reports 0% officer compensation, indicating that executive leadership is either volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which is a positive sign for donor confidence. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation suggests a lean operational structure. The organization's NTEE code L41 (Homeless Services) aligns with its mission, and the consistent revenue and asset growth suggest effective fundraising and financial management. Transparency is high given the consistent filing of IRS Form 990s over 13 periods, providing a clear historical financial record. The consistent growth in assets and relatively low liabilities, coupled with no reported officer compensation, paints a picture of a well-managed and mission-focused organization. Donors can generally be confident in the organization's financial stewardship and commitment to its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Family Promise Metrowest Inc with a Mission Score of 92 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: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, Family Promise Metrowest Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:

$1.3MTotal Revenue
$1.3MTotal Expenses
$2.9MTotal Assets
$46KTotal Liabilities
$2.8MNet Assets
  • The organization reported a deficit of $5K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 1.6%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its executive leadership is either entirely volunteer or compensated through mechanisms not classified as officer compensation on the 990, which is highly favorable for a nonprofit of its size with over $1.3 million in annual revenue.

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 Family Promise Metrowest Inc's IRS 990 filings:

  • Expenses slightly exceeded revenue in the most recent filing (202312), though this was a minor deficit.

Strengths

The following positive indicators were identified for Family Promise Metrowest Inc:

  • Consistent reporting of 0% officer compensation across all filings.
  • Strong and growing asset base, reaching $2,857,295 in 2023.
  • Low liabilities relative to assets ($46,457 liabilities vs. $2,857,295 assets in 2023).
  • Long history of IRS 990 filings (13 filings), indicating transparency.
  • Significant revenue growth over the past decade, from $346,432 in 2014 to over $1.3 million in 2023.

Frequently Asked Questions about Family Promise Metrowest Inc

Is Family Promise Metrowest Inc a legitimate charity?

Family Promise Metrowest Inc (EIN: 205963640) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. 1 red flag identified. 5 strengths noted. Financial health grade: B.

How does Family Promise Metrowest Inc spend its money?

Family Promise Metrowest Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Family Promise Metrowest Inc tax-deductible?

Family Promise Metrowest Inc is registered as a tax-exempt nonprofit (EIN: 205963640). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Family Promise Metrowest Inc CEO make?

Family Promise Metrowest Inc's highest-compensated officer earns $1.3 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Family Promise Metrowest Inc's spending goes to programs?

Family Promise Metrowest Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Family Promise Metrowest Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Family Promise Metrowest Inc is above average for NTEE category L41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Family Promise Metrowest Inc located?

Family Promise Metrowest Inc is headquartered in Natick, Massachusetts and files with the IRS under EIN 205963640. It is classified under NTEE code L41.

How many years of IRS 990 filings does Family Promise Metrowest Inc have?

Family Promise Metrowest 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 $1.6M in total revenue.

Is Family Promise Metrowest Inc financially stable?

Yes, Family Promise Metrowest Inc appears financially stable. While the 202312 period showed a slight deficit with expenses ($1,342,039) exceeding revenue ($1,336,603), the organization maintains substantial assets ($2,857,295) far exceeding its liabilities ($46,457), indicating strong solvency and a healthy balance sheet.

How has the organization's revenue trended over time?

The organization's revenue has shown significant growth and some fluctuations. It increased from $346,432 in 2014 to a peak of $1,605,700 in 2021, and most recently reported $1,336,603 in 2023, demonstrating a strong upward trend over the decade.

What is the organization's approach to executive compensation?

Family Promise Metrowest Inc consistently reports 0% officer compensation in all available IRS 990 filings. This suggests a highly efficient and potentially volunteer-driven executive leadership structure, which is a positive indicator for donor funds being directed towards programs.

Are the organization's assets growing?

Yes, the organization's assets have shown consistent and substantial growth, increasing from $159,229 in 2014 to $2,857,295 in 2023, indicating effective financial management and accumulation of resources.

Filing History

IRS 990 filing history for Family Promise Metrowest Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Family Promise Metrowest Inc's revenue has grown by 654.4%, moving from $177K to $1.3M. Total assets increased by 3122.2% over the same period, from $89K to $2.9M. Total functional expenses rose by 578.6%, from $198K to $1.3M. In its most recent filing year (2023), Family Promise Metrowest Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $46K in liabilities against $2.9M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $2.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.3M $1.3M $2.9M $46K View 990
2022 $1.1M $1.2M $2.9M $51K View 990
2021 $1.6M $1.0M $3.0M $127K View 990
2020 $1.4M $946K $2.3M $73K View 990
2019 $973K $752K $1.9M $42K View 990
2018 $1.1M $672K $2.1M $461K View 990
2017 $1.4M $607K $2.1M $916K View 990
2016 $616K $462K $398K $13K View 990
2015 $451K $370K $242K $10K View 990
2014 $346K $318K $159K $8K View 990
2013 $278K $240K $132K $8K View 990
2012 $239K $238K $88K $3K View 990
2011 $177K $198K $89K $5K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $2.9M (revenue +20.2% year-over-year).
  • 2022: Revenue of $1.1M, expenses of $1.2M, and assets of $2.9M (revenue -30.7% year-over-year).
  • 2021: Revenue of $1.6M, expenses of $1.0M, and assets of $3.0M (revenue +13.9% year-over-year).
  • 2020: Revenue of $1.4M, expenses of $946K, and assets of $2.3M (revenue +44.9% year-over-year).
  • 2019: Revenue of $973K, expenses of $752K, and assets of $1.9M (revenue -11.8% year-over-year).
  • 2018: Revenue of $1.1M, expenses of $672K, and assets of $2.1M (revenue -21.2% year-over-year).
  • 2017: Revenue of $1.4M, expenses of $607K, and assets of $2.1M (revenue +127.5% year-over-year).
  • 2016: Revenue of $616K, expenses of $462K, and assets of $398K (revenue +36.5% year-over-year).
  • 2015: Revenue of $451K, expenses of $370K, and assets of $242K (revenue +30.2% year-over-year).
  • 2014: Revenue of $346K, expenses of $318K, and assets of $159K (revenue +24.7% year-over-year).
  • 2013: Revenue of $278K, expenses of $240K, and assets of $132K (revenue +16.0% year-over-year).
  • 2012: Revenue of $239K, expenses of $238K, and assets of $88K (revenue +35.1% year-over-year).
  • 2011: Revenue of $177K, expenses of $198K, and assets of $89K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Family Promise Metrowest Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Family Promise Metrowest 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.

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