Help Services For Elderly
EIN: 42947572 · Dorchester, MA
| Metric | Value |
|---|---|
| Total Revenue | $251K |
| Total Expenses | $521K |
| Net Assets | $136K |
Is Help Services For Elderly Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Help Services For Elderly
Help Services For Elderly (EIN: 42947572) is a nonprofit organization based in Dorchester, MA. The organization reported total revenue of $251K and total assets of $249K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Help Services For Elderly's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Help Services For Elderly is a small nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -10.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $251K |
| Total Expenses | $521K |
| Surplus / Deficit | $-270,304 |
| Total Assets | $249K |
| Total Liabilities | $113K |
| Net Assets | $136K |
| Operating Margin | -107.7% |
| Debt-to-Asset Ratio | 45.3% |
| Months of Reserves | 5.7 months |
Financial Health Grade: B
In 2021, Help Services For Elderly reported a deficit of $270K with expenses exceeding revenue, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 45.3% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2021), Help Services For Elderly's revenue has declined at a compound annual growth rate (CAGR) of -10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -55.4% | -10.8% | -41.2% |
| 2019 | +1.3% | +3.7% | -6.1% |
| 2018 | +15.0% | +9.1% | +0.4% |
| 2017 | -2.6% | -9.0% | -7.9% |
| 2016 | -2.1% | +0.7% | -13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Help Services For Elderly 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 Help Services For Elderly 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $270K, with expenses exceeding revenue.
- Debt-to-asset ratio: 45.3%.
Frequently Asked Questions about Help Services For Elderly
Is Help Services For Elderly a legitimate charity?
Help Services For Elderly (EIN: 42947572) is a registered tax-exempt nonprofit based in Massachusetts. It has 10 years of IRS 990 filings on record. Total revenue: $251K. No red flags identified. Financial health grade: B.
How does Help Services For Elderly spend its money?
Help Services For Elderly reported $251K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Help Services For Elderly tax-deductible?
Help Services For Elderly is registered as a tax-exempt nonprofit (EIN: 42947572). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Help Services For Elderly located?
Help Services For Elderly is headquartered in Dorchester, Massachusetts and files with the IRS under EIN 42947572.
How many years of IRS 990 filings does Help Services For Elderly have?
Help Services For Elderly has 10 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 $251K in total revenue.
Filing History
IRS 990 filing history for Help Services For Elderly showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2021), Help Services For Elderly's revenue has declined by 66.1%, moving from $740K to $251K. Total assets decreased by 69.5% over the same period, from $816K to $249K. Total functional expenses fell by 29%, from $734K to $521K. In its most recent filing year (2021), Help Services For Elderly reported a deficit of $270K, with expenses exceeding revenue. The organization holds $113K in liabilities against $249K in assets (debt-to-asset ratio: 45.3%), resulting in net assets of $136K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $251K | $521K | $249K | $113K | — | — |
| 2019 | $562K | $584K | $423K | $34K | — | View 990 |
| 2018 | $555K | $564K | $450K | $39K | — | View 990 |
| 2017 | $482K | $517K | $448K | $28K | — | — |
| 2016 | $496K | $568K | $487K | $32K | — | View 990 |
| 2015 | $506K | $565K | $560K | $33K | — | View 990 |
| 2014 | $537K | $576K | $619K | $33K | — | View 990 |
| 2013 | $660K | $646K | $705K | $79K | — | View 990 |
| 2012 | $707K | $811K | $748K | $136K | — | View 990 |
| 2011 | $740K | $734K | $816K | $100K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $251K, expenses of $521K, and assets of $249K (revenue -55.4% year-over-year).
- 2019: Revenue of $562K, expenses of $584K, and assets of $423K (revenue +1.3% year-over-year).
- 2018: Revenue of $555K, expenses of $564K, and assets of $450K (revenue +15.0% year-over-year).
- 2017: Revenue of $482K, expenses of $517K, and assets of $448K (revenue -2.6% year-over-year).
- 2016: Revenue of $496K, expenses of $568K, and assets of $487K (revenue -2.1% year-over-year).
- 2015: Revenue of $506K, expenses of $565K, and assets of $560K (revenue -5.7% year-over-year).
- 2014: Revenue of $537K, expenses of $576K, and assets of $619K (revenue -18.6% year-over-year).
- 2013: Revenue of $660K, expenses of $646K, and assets of $705K (revenue -6.7% year-over-year).
- 2012: Revenue of $707K, expenses of $811K, and assets of $748K (revenue -4.4% year-over-year).
- 2011: Revenue of $740K, expenses of $734K, and assets of $816K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Help Services For Elderly:
Data Sources and Methodology
This transparency report for Help Services For Elderly 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.