Isabel Babson Memorial Incorporated
EIN: 46031813 · Gloucester, MA
Is Isabel Babson Memorial Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Isabel Babson Memorial Incorporated
Isabel Babson Memorial Incorporated (EIN: 46031813) is a nonprofit organization based in Gloucester, MA. The organization reported total revenue of $3.5M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Isabel Babson Memorial Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Isabel Babson Memorial Incorporated 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 Isabel Babson Memorial Incorporated 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.
Frequently Asked Questions about Isabel Babson Memorial Incorporated
Is Isabel Babson Memorial Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Isabel Babson Memorial Incorporated (EIN: 46031813) insufficient data. 0 red flags identified, 0 strengths noted.
How does Isabel Babson Memorial Incorporated spend its money?
Detailed spending breakdown data is not yet available for Isabel Babson Memorial Incorporated. Check back for updated IRS 990 analysis.
Are donations to Isabel Babson Memorial Incorporated tax-deductible?
Isabel Babson Memorial Incorporated is registered as a tax-exempt nonprofit (EIN: 46031813). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Isabel Babson Memorial Incorporated showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Isabel Babson Memorial Incorporated's revenue has declined by 72.7%, moving from $79K to $22K. Total assets increased by 12.7% over the same period, from $3.4M to $3.9M. Total functional expenses rose by 27.9%, from $154K to $196K. In its most recent filing year (2023), Isabel Babson Memorial Incorporated reported a deficit of $175K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $22K | $196K | $3.9M | $1 | — | View 990 |
| 2022 | $76K | $187K | $3.9M | $1 | — | View 990 |
| 2021 | $287K | $206K | $4.3M | $1 | — | View 990 |
| 2020 | $3.3M | $241K | $3.5M | $1 | — | View 990 |
| 2019 | $125K | $177K | $4.0M | $36 | — | View 990 |
| 2015 | $109K | $203K | $3.6M | $69 | — | — |
| 2014 | $102K | $190K | $4.0M | $10 | — | View 990 |
| 2013 | $91K | $179K | $4.0M | $0 | — | View 990 |
| 2012 | $84K | $160K | $3.5M | $0 | — | View 990 |
| 2011 | $79K | $154K | $3.4M | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22K, expenses of $196K, and assets of $3.9M (revenue -71.6% year-over-year).
- 2022: Revenue of $76K, expenses of $187K, and assets of $3.9M (revenue -73.5% year-over-year).
- 2021: Revenue of $287K, expenses of $206K, and assets of $4.3M (revenue -91.2% year-over-year).
- 2020: Revenue of $3.3M, expenses of $241K, and assets of $3.5M (revenue +2517.0% year-over-year).
- 2019: Revenue of $125K, expenses of $177K, and assets of $4.0M (revenue +15.1% year-over-year).
- 2015: Revenue of $109K, expenses of $203K, and assets of $3.6M (revenue +6.1% year-over-year).
- 2014: Revenue of $102K, expenses of $190K, and assets of $4.0M (revenue +12.0% year-over-year).
- 2013: Revenue of $91K, expenses of $179K, and assets of $4.0M (revenue +8.3% year-over-year).
- 2012: Revenue of $84K, expenses of $160K, and assets of $3.5M (revenue +6.6% year-over-year).
- 2011: Revenue of $79K, expenses of $154K, and assets of $3.4M.
Data Sources and Methodology
This transparency report for Isabel Babson Memorial Incorporated 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.