French River Education Center Inc

French River Education Center: Consistent Program Spending, High Liabilities

EIN: 222582539 · North Oxford, MA · NTEE: B90Z · Updated: 2026-04-04

$4.7MRevenue
$5.2MAssets
75/100Mission Score (Good)
B90Z
French River Education Center Inc Financial Summary
MetricValue
Total Revenue$4.7M
Total Expenses$3.6M
Program Spending80%
Net Assets$5.3M
Transparency Score75/100

Is French River Education Center Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

French River Education Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About French River Education Center Inc

French River Education Center Inc (EIN: 222582539) is a nonprofit organization based in North Oxford, MA, classified under NTEE code B90Z. The organization reported total revenue of $4.7M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of French River Education Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

39Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

French River Education Center Inc is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$4.5M
Total Expenses$3.6M
Surplus / Deficit+$953K
Total Assets$5.4M
Total Liabilities$80K
Net Assets$5.3M
Operating Margin21.0%
Debt-to-Asset Ratio1.5%
Months of Reserves18.1 months

Financial Health Grade: A

In 2023, French River Education Center Inc reported a surplus of $953K with revenue exceeding expenses, holds 18.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), French River Education Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+38.5%-0.1%+24.8%
2022-29.9%-0.6%-6.9%
2021+76.3%+7.6%+12.9%
2020-22.0%-6.9%-2.9%
2019+2.7%+13.8%-3.7%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1987

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

AI Transparency Report

French River Education Center Inc is a education nonprofit based in North Oxford, Massachusetts, with reported revenue of $4.7M and assets of $5.2M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation is not explicitly detailed in the provided data, but the consistent 'c0%' in filings suggests no related-party compensation, which is a positive indicator for governance. Revenue has grown +103% across 13 filing periods.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates French River Education Center Inc with a Mission Score of 75 out of 100 (Good). 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: 80%
  • fundraising: 10%

According to IRS 990 filings, French River Education Center Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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:

$4.5MTotal Revenue
$3.6MTotal Expenses
$5.4MTotal Assets
$80KTotal Liabilities
$5.3MNet Assets
  • The organization reported a surplus of $953K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 1.5%.

Executive Compensation Analysis

Executive compensation is not explicitly detailed in the provided data, but the consistent 'c0%' in filings suggests no related-party compensation, which is a positive indicator for governance.

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 French River Education Center Inc's IRS 990 filings:

  • Long-term liabilities (l) are consistently high, reaching $712,776 in 2020, which could indicate significant debt or long-term obligations.
  • Expenses (x) frequently exceed revenue (r) in multiple years (e.g., 2022, 2020, 2019, 2018, 2017, 2016), suggesting potential operational deficits.

Strengths

The following positive indicators were identified for French River Education Center Inc:

  • Total assets (a) have shown growth over the years, from $3,911,442 in 2016 to $5,402,773 in 2023, indicating asset accumulation.
  • Revenue has generally increased over the period, with a notable jump from $3,272,647 in 2022 to $4,532,126 in 2023, suggesting growing support or program success.

Frequently Asked Questions about French River Education Center Inc

Is French River Education Center Inc a legitimate charity?

French River Education Center Inc (EIN: 222582539) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.7M. 2 red flags identified. 2 strengths noted. Financial health grade: A.

How does French River Education Center Inc spend its money?

French River Education Center Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to French River Education Center Inc tax-deductible?

French River Education Center Inc is registered as a tax-exempt nonprofit (EIN: 222582539). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of French River Education Center Inc's spending goes to programs?

French River Education Center Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does French River Education Center Inc compare to similar nonprofits?

With a transparency score of 75/100 (Good), French River Education Center Inc is above average for NTEE category B90Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is French River Education Center Inc located?

French River Education Center Inc is headquartered in North Oxford, Massachusetts and files with the IRS under EIN 222582539. It is classified under NTEE code B90Z.

How many years of IRS 990 filings does French River Education Center Inc have?

French River Education Center 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 $4.7M in total revenue.

What does French River Education Center Inc do?

French River Education Center Inc is a nonprofit organization in the Education sector, located in North Oxford, Massachusetts. It is classified under NTEE code B90Z.

How much revenue does French River Education Center Inc have?

French River Education Center Inc reported total revenue of $4,709,228. Based on 13 IRS 990 filings on record.

What are French River Education Center Inc's total assets?

French River Education Center Inc holds total assets of $5,165,327 as reported in IRS 990 filings.

Where is French River Education Center Inc located?

French River Education Center Inc is based in North Oxford, Massachusetts.

What is French River Education Center Inc's EIN?

French River Education Center Inc's Employer Identification Number (EIN) is 222582539. This is the unique tax ID assigned by the IRS for tax-exempt organizations.

What type of nonprofit is French River Education Center Inc?

French River Education Center Inc is classified under NTEE code B90Z (Education).

Is French River Education Center Inc a registered 501(c)(3)?

Yes, French River Education Center Inc is recognized as a tax-exempt organization by the IRS. EIN: 222582539.

Does French River Education Center Inc file IRS Form 990?

Yes, French River Education Center Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.

What was French River Education Center Inc's revenue in 2023?

In the 202306 filing period, French River Education Center Inc reported total revenue of $4,532,126, total expenses of $3,578,862, and net assets of $5,402,773.

Is French River Education Center Inc's revenue growing or declining?

French River Education Center Inc's revenue is growing. Revenue went from $3,272,647 (202206) to $4,532,126 (202306), a +38.5% change. Based on 13 filings on record.

What is French River Education Center Inc's most recent 990 filing?

The most recent IRS Form 990 filing for French River Education Center Inc covers tax period 202306. It shows revenue of $4,532,126, expenses of $3,578,862, total assets of $5,402,773, and liabilities of $80,280.

How much does French River Education Center Inc spend on programs vs administration?

Based on IRS 990 analysis, French River Education Center Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.

Is French River Education Center Inc a trustworthy charity?

Based on AI analysis of IRS 990 data, French River Education Center Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.

What are the red flags for French River Education Center Inc?

The following concerns were identified: Long-term liabilities (l) are consistently high, reaching $712,776 in 2020, which could indicate significant debt or long-term obligations.. Expenses (x) frequently exceed revenue (r) in multiple years (e.g., 2022, 2020, 2019, 2018, 2017, 2016), suggesting potential operational deficits.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.

What are French River Education Center Inc's strengths?

Positive indicators for French River Education Center Inc include: Total assets (a) have shown growth over the years, from $3,911,442 in 2016 to $5,402,773 in 2023, indicating asset accumulation.. Revenue has generally increased over the period, with a notable jump from $3,272,647 in 2022 to $4,532,126 in 2023, suggesting growing support or program success.. These findings are derived from AI analysis of the organization's financial filings.

How does French River Education Center Inc compensate executives?

Executive compensation is not explicitly detailed in the provided data, but the consistent 'c0%' in filings suggests no related-party compensation, which is a positive indicator for governance. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.

Given the consistent reporting of 'c0%' for compensation, how does French River Education Center Inc. manage its executive compensation structure and ensure competitive salaries without related-party transactions?

The 'c0%' likely refers to compensation from related parties, not total executive compensation. The organization would need to disclose executive salaries in other sections of their filings (e.g., Form 990, Part VII) to show how they attract and retain talent without related-party transactions.

What is the primary driver behind the consistently high long-term liabilities, and how does the organization plan to manage or reduce this debt burden?

The data does not specify the nature of the long-term liabilities. Further investigation into their financial statements (e.g., balance sheet details) would be needed to understand if these are related to mortgages, bonds, or other long-term obligations and their repayment strategy.

Filing History

IRS 990 filing history for French River Education Center Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), French River Education Center Inc's revenue has grown by 103.1%, moving from $2.2M to $4.5M. Total assets increased by 40% over the same period, from $3.9M to $5.4M. Total functional expenses rose by 107%, from $1.7M to $3.6M. In its most recent filing year (2023), French River Education Center Inc reported a surplus of $953K, with revenue exceeding expenses. The organization holds $80K in liabilities against $5.4M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $5.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $4.5M $3.6M $5.4M $80K View 990
2022 $3.3M $3.6M $4.3M $171K View 990
2021 $4.7M $3.6M $4.7M $183K View 990
2020 $2.6M $3.4M $4.1M $713K View 990
2019 $3.4M $3.6M $4.2M $134K View 990
2018 $3.3M $3.2M $4.4M $94K View 990
2017 $3.2M $2.8M $4.3M $102K View 990
2016 $2.3M $2.6M $3.9M $108K View 990
2015 $2.2M $2.4M $4.2M $109K View 990
2014 $2.6M $2.3M $4.4M $91K View 990
2013 $2.3M $2.0M $4.0M $89K View 990
2012 $1.7M $1.9M $3.7M $81K View 990
2011 $2.2M $1.7M $3.9M $10K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $4.5M, expenses of $3.6M, and assets of $5.4M (revenue +38.5% year-over-year).
  • 2022: Revenue of $3.3M, expenses of $3.6M, and assets of $4.3M (revenue -29.9% year-over-year).
  • 2021: Revenue of $4.7M, expenses of $3.6M, and assets of $4.7M (revenue +76.3% year-over-year).
  • 2020: Revenue of $2.6M, expenses of $3.4M, and assets of $4.1M (revenue -22.0% year-over-year).
  • 2019: Revenue of $3.4M, expenses of $3.6M, and assets of $4.2M (revenue +2.7% year-over-year).
  • 2018: Revenue of $3.3M, expenses of $3.2M, and assets of $4.4M (revenue +3.2% year-over-year).
  • 2017: Revenue of $3.2M, expenses of $2.8M, and assets of $4.3M (revenue +40.0% year-over-year).
  • 2016: Revenue of $2.3M, expenses of $2.6M, and assets of $3.9M (revenue +6.4% year-over-year).
  • 2015: Revenue of $2.2M, expenses of $2.4M, and assets of $4.2M (revenue -18.4% year-over-year).
  • 2014: Revenue of $2.6M, expenses of $2.3M, and assets of $4.4M (revenue +15.9% year-over-year).
  • 2013: Revenue of $2.3M, expenses of $2.0M, and assets of $4.0M (revenue +32.1% year-over-year).
  • 2012: Revenue of $1.7M, expenses of $1.9M, and assets of $3.7M (revenue -22.8% year-over-year).
  • 2011: Revenue of $2.2M, expenses of $1.7M, and assets of $3.9M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for French River Education Center 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 French River Education 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.

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