Islamic Society Of Western Massachusetts
EIN: 42759706 · W Springfield, MA · NTEE: X40Z
| Metric | Value |
|---|---|
| Total Revenue | $779K |
| Total Expenses | $704K |
| Net Assets | $4.5M |
Is Islamic Society Of Western Massachusetts Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Islamic Society Of Western Massachusetts
Islamic Society Of Western Massachusetts (EIN: 42759706) is a nonprofit organization based in W Springfield, MA, classified under NTEE code X40Z. The organization reported total revenue of $779K and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Islamic Society Of Western Massachusetts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Islamic Society Of Western Massachusetts is a small nonprofit that has been operating for 28 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $828K |
| Total Expenses | $704K |
| Surplus / Deficit | +$124K |
| Total Assets | $4.5M |
| Net Assets | $4.5M |
| Operating Margin | 15.0% |
| Months of Reserves | 76.6 months |
Financial Health Grade: A
In 2023, Islamic Society Of Western Massachusetts reported a surplus of $124K with revenue exceeding expenses, holds 76.6 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Islamic Society Of Western Massachusetts's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.4% | +37.7% | +10.3% |
| 2022 | +42.0% | -4.9% | -7.7% |
| 2021 | -20.7% | +82.0% | +9.5% |
| 2020 | +10.5% | -21.3% | +14.9% |
| 2019 | +1.9% | +13.4% | +12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Islamic Society Of Western Massachusetts 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 Islamic Society Of Western Massachusetts 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.
Frequently Asked Questions about Islamic Society Of Western Massachusetts
Is Islamic Society Of Western Massachusetts a legitimate charity?
Based on AI analysis of IRS 990 filings, Islamic Society Of Western Massachusetts (EIN: 42759706) insufficient data. 0 red flags identified, 0 strengths noted.
How does Islamic Society Of Western Massachusetts spend its money?
Detailed spending breakdown data is not yet available for Islamic Society Of Western Massachusetts. Check back for updated IRS 990 analysis.
Are donations to Islamic Society Of Western Massachusetts tax-deductible?
Islamic Society Of Western Massachusetts is registered as a tax-exempt nonprofit (EIN: 42759706). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Islamic Society Of Western Massachusetts located?
Islamic Society Of Western Massachusetts is headquartered in W Springfield, Massachusetts and files with the IRS under EIN 42759706. It is classified under NTEE code X40Z.
How many years of IRS 990 filings does Islamic Society Of Western Massachusetts have?
Islamic Society Of Western Massachusetts has 12 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 $779K in total revenue.
Filing History
IRS 990 filing history for Islamic Society Of Western Massachusetts showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Islamic Society Of Western Massachusetts's revenue has grown by 339.2%, moving from $189K to $828K. Total assets increased by 88.9% over the same period, from $2.4M to $4.5M. Total functional expenses rose by 196.5%, from $237K to $704K. In its most recent filing year (2023), Islamic Society Of Western Massachusetts reported a surplus of $124K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $828K | $704K | $4.5M | $0 | — | — |
| 2022 | $645K | $511K | $4.1M | $30K | — | View 990 |
| 2021 | $454K | $538K | $4.4M | $30K | — | View 990 |
| 2020 | $573K | $295K | $4.0M | $30K | — | View 990 |
| 2019 | $518K | $375K | $3.5M | $30K | — | View 990 |
| 2018 | $508K | $331K | $3.1M | $30K | — | View 990 |
| 2017 | $371K | $282K | $3.0M | $30K | — | View 990 |
| 2016 | $326K | $269K | $2.7M | $30K | — | View 990 |
| 2015 | $301K | $273K | $2.6M | $0 | — | View 990 |
| 2013 | $206K | $220K | $2.5M | $0 | — | View 990 |
| 2012 | $185K | $216K | $2.4M | $0 | — | View 990 |
| 2011 | $189K | $237K | $2.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $828K, expenses of $704K, and assets of $4.5M (revenue +28.4% year-over-year).
- 2022: Revenue of $645K, expenses of $511K, and assets of $4.1M (revenue +42.0% year-over-year).
- 2021: Revenue of $454K, expenses of $538K, and assets of $4.4M (revenue -20.7% year-over-year).
- 2020: Revenue of $573K, expenses of $295K, and assets of $4.0M (revenue +10.5% year-over-year).
- 2019: Revenue of $518K, expenses of $375K, and assets of $3.5M (revenue +1.9% year-over-year).
- 2018: Revenue of $508K, expenses of $331K, and assets of $3.1M (revenue +37.0% year-over-year).
- 2017: Revenue of $371K, expenses of $282K, and assets of $3.0M (revenue +14.0% year-over-year).
- 2016: Revenue of $326K, expenses of $269K, and assets of $2.7M (revenue +8.2% year-over-year).
- 2015: Revenue of $301K, expenses of $273K, and assets of $2.6M (revenue +46.2% year-over-year).
- 2013: Revenue of $206K, expenses of $220K, and assets of $2.5M (revenue +11.2% year-over-year).
- 2012: Revenue of $185K, expenses of $216K, and assets of $2.4M (revenue -1.8% year-over-year).
- 2011: Revenue of $189K, expenses of $237K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Islamic Society Of Western Massachusetts:
Data Sources and Methodology
This transparency report for Islamic Society Of Western Massachusetts 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.