Health Equity Partnership Of North Central Mass
EIN: 872805718 · Westminster, MA · NTEE: S21
| Metric | Value |
|---|---|
| Total Revenue | $341K |
| Total Expenses | $422K |
| Net Assets | $14K |
Is Health Equity Partnership Of North Central Mass Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Health Equity Partnership Of North Central Mass
Health Equity Partnership Of North Central Mass (EIN: 872805718) is a nonprofit organization based in Westminster, MA, classified under NTEE code S21. The organization reported total revenue of $341K and total assets of $277K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Health Equity Partnership Of North Central Mass's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Health Equity Partnership Of North Central Mass is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 97.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $425K |
| Total Expenses | $422K |
| Surplus / Deficit | +$3K |
| Total Assets | $298K |
| Total Liabilities | $284K |
| Net Assets | $14K |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 95.4% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2023, Health Equity Partnership Of North Central Mass reported a surplus of $3K with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 95.4% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Health Equity Partnership Of North Central Mass's revenue has grown at a compound annual growth rate (CAGR) of 97.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +97.3% | +100.7% | -12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Health Equity Partnership Of North Central Mass 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 Health Equity Partnership Of North Central Mass 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 95.4%.
Frequently Asked Questions about Health Equity Partnership Of North Central Mass
Is Health Equity Partnership Of North Central Mass a legitimate charity?
Health Equity Partnership Of North Central Mass (EIN: 872805718) is a registered tax-exempt nonprofit based in Massachusetts. It has 2 years of IRS 990 filings on record. Total revenue: $341K. No red flags identified. Financial health grade: A.
How does Health Equity Partnership Of North Central Mass spend its money?
Health Equity Partnership Of North Central Mass reported $341K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Health Equity Partnership Of North Central Mass tax-deductible?
Health Equity Partnership Of North Central Mass is registered as a tax-exempt nonprofit (EIN: 872805718). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Health Equity Partnership Of North Central Mass located?
Health Equity Partnership Of North Central Mass is headquartered in Westminster, Massachusetts and files with the IRS under EIN 872805718. It is classified under NTEE code S21.
How many years of IRS 990 filings does Health Equity Partnership Of North Central Mass have?
Health Equity Partnership Of North Central Mass has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $341K in total revenue.
Filing History
IRS 990 filing history for Health Equity Partnership Of North Central Mass showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Health Equity Partnership Of North Central Mass's revenue has grown by 97.3%, moving from $215K to $425K. Total assets decreased by 12.7% over the same period, from $341K to $298K. Total functional expenses rose by 100.7%, from $210K to $422K. In its most recent filing year (2023), Health Equity Partnership Of North Central Mass reported a surplus of $3K, with revenue exceeding expenses. The organization holds $284K in liabilities against $298K in assets (debt-to-asset ratio: 95.4%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $425K | $422K | $298K | $284K | — | — |
| 2022 | $215K | $210K | $341K | $330K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Health Equity Partnership Of North Central Mass:
Data Sources and Methodology
This transparency report for Health Equity Partnership Of North Central Mass 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.