Greater Boston Chinese Cultural Association
EIN: 46144186 · West Newton, MA
| Metric | Value |
|---|---|
| Total Revenue | $528K |
| Total Expenses | $339K |
| Net Assets | $2.2M |
Is Greater Boston Chinese Cultural Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greater Boston Chinese Cultural Association
Greater Boston Chinese Cultural Association (EIN: 46144186) is a nonprofit organization based in West Newton, MA. The organization reported total revenue of $528K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Boston Chinese Cultural Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Boston Chinese Cultural Association is a small nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $463K |
| Total Expenses | $339K |
| Surplus / Deficit | +$124K |
| Total Assets | $2.2M |
| Total Liabilities | $12K |
| Net Assets | $2.2M |
| Operating Margin | 26.8% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 77.5 months |
Financial Health Grade: A
In 2023, Greater Boston Chinese Cultural Association reported a surplus of $124K with revenue exceeding expenses, holds 77.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Greater Boston Chinese Cultural Association's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +125.0% | +9.5% | +14.2% |
| 2022 | -17.5% | +63.6% | -8.8% |
| 2021 | +30.1% | +26.7% | +9.9% |
| 2020 | -60.1% | -65.2% | +6.9% |
| 2019 | -13.5% | +1.5% | +14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greater Boston Chinese Cultural Association 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 Greater Boston Chinese Cultural Association 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 $124K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Greater Boston Chinese Cultural Association
Is Greater Boston Chinese Cultural Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Boston Chinese Cultural Association (EIN: 46144186) insufficient data. 0 red flags identified, 0 strengths noted.
How does Greater Boston Chinese Cultural Association spend its money?
Detailed spending breakdown data is not yet available for Greater Boston Chinese Cultural Association. Check back for updated IRS 990 analysis.
Are donations to Greater Boston Chinese Cultural Association tax-deductible?
Greater Boston Chinese Cultural Association is registered as a tax-exempt nonprofit (EIN: 46144186). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greater Boston Chinese Cultural Association located?
Greater Boston Chinese Cultural Association is headquartered in West Newton, Massachusetts and files with the IRS under EIN 46144186.
How many years of IRS 990 filings does Greater Boston Chinese Cultural Association have?
Greater Boston Chinese Cultural Association 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 $528K in total revenue.
Filing History
IRS 990 filing history for Greater Boston Chinese Cultural Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greater Boston Chinese Cultural Association's revenue has grown by 2.1%, moving from $454K to $463K. Total assets increased by 80.4% over the same period, from $1.2M to $2.2M. Total functional expenses fell by 20.5%, from $426K to $339K. In its most recent filing year (2023), Greater Boston Chinese Cultural Association reported a surplus of $124K, with revenue exceeding expenses. The organization holds $12K in liabilities against $2.2M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $463K | $339K | $2.2M | $12K | — | — |
| 2022 | $206K | $310K | $1.9M | $11K | — | View 990 |
| 2021 | $250K | $189K | $2.1M | $11K | — | View 990 |
| 2020 | $192K | $149K | $1.9M | $9K | — | — |
| 2019 | $481K | $429K | $1.8M | $35K | — | View 990 |
| 2018 | $556K | $423K | $1.6M | $28K | — | View 990 |
| 2017 | $518K | $442K | $1.6M | $40K | — | — |
| 2016 | $505K | $496K | $1.4M | $35K | — | View 990 |
| 2015 | $516K | $486K | $1.4M | $42K | — | View 990 |
| 2014 | $523K | $520K | $1.4M | $38K | — | View 990 |
| 2013 | $480K | $479K | $1.4M | $40K | — | View 990 |
| 2012 | $465K | $444K | $1.3M | $31K | — | View 990 |
| 2011 | $454K | $426K | $1.2M | $38K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $463K, expenses of $339K, and assets of $2.2M (revenue +125.0% year-over-year).
- 2022: Revenue of $206K, expenses of $310K, and assets of $1.9M (revenue -17.5% year-over-year).
- 2021: Revenue of $250K, expenses of $189K, and assets of $2.1M (revenue +30.1% year-over-year).
- 2020: Revenue of $192K, expenses of $149K, and assets of $1.9M (revenue -60.1% year-over-year).
- 2019: Revenue of $481K, expenses of $429K, and assets of $1.8M (revenue -13.5% year-over-year).
- 2018: Revenue of $556K, expenses of $423K, and assets of $1.6M (revenue +7.4% year-over-year).
- 2017: Revenue of $518K, expenses of $442K, and assets of $1.6M (revenue +2.6% year-over-year).
- 2016: Revenue of $505K, expenses of $496K, and assets of $1.4M (revenue -2.2% year-over-year).
- 2015: Revenue of $516K, expenses of $486K, and assets of $1.4M (revenue -1.4% year-over-year).
- 2014: Revenue of $523K, expenses of $520K, and assets of $1.4M (revenue +9.0% year-over-year).
- 2013: Revenue of $480K, expenses of $479K, and assets of $1.4M (revenue +3.3% year-over-year).
- 2012: Revenue of $465K, expenses of $444K, and assets of $1.3M (revenue +2.4% year-over-year).
- 2011: Revenue of $454K, expenses of $426K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Boston Chinese Cultural Association:
Data Sources and Methodology
This transparency report for Greater Boston Chinese Cultural Association 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.