Lubavitch Chabad Of Westborough Inc
Lubavitch Chabad Of Westborough Inc consistently maintains a positive financial position with growing assets and no reported liabilities.
EIN: 10558856 · Westborough, MA · NTEE: X30 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $690K |
| Total Expenses | $700K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $690,271 |
| Net Assets | $537K |
| Transparency Score | 88/100 |
Is Lubavitch Chabad Of Westborough Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lubavitch Chabad Of Westborough Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lubavitch Chabad Of Westborough Inc
Lubavitch Chabad Of Westborough Inc (EIN: 10558856) is a nonprofit organization based in Westborough, MA, classified under NTEE code X30. The organization reported total revenue of $690K and total assets of $637K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lubavitch Chabad Of Westborough Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lubavitch Chabad Of Westborough Inc is a small nonprofit that has been operating for 24 years, with 4 years of IRS 990 filings on record (2018–2021). Revenue has grown at a compound annual rate of 27.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $720K |
| Total Expenses | $700K |
| Surplus / Deficit | +$19K |
| Total Assets | $537K |
| Net Assets | $537K |
| Operating Margin | 2.7% |
| Months of Reserves | 9.2 months |
Financial Health Grade: A
In 2021, Lubavitch Chabad Of Westborough Inc reported a surplus of $19K with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2018–2021), Lubavitch Chabad Of Westborough Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +24.6% | +23.0% | -17.8% |
| 2020 | -14.4% | -14.1% | +33.1% |
| 2019 | +92.9% | +89.8% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7120 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lubavitch Chabad Of Westborough Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Lubavitch Chabad Of Westborough Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or that executive compensation is covered by other means not reported as officer compensation, which is highly unusual for an organization of its revenue size ($690,271 latest revenue).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Lubavitch Chabad Of Westborough Inc's IRS 990 filings:
- Lack of detailed breakdown for program, administrative, and fundraising expenses in provided summary data
- Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how leadership is compensated or sustained.
Strengths
The following positive indicators were identified for Lubavitch Chabad Of Westborough Inc:
- Consistent positive net income (revenue exceeding expenses)
- Strong balance sheet with zero reported liabilities across all filings
- Consistent growth in assets over the filing periods (from $512,817 in 2018 to $636,617 currently)
- Regular and timely IRS 990 filings, indicating good compliance and transparency
- Efficient financial management, as evidenced by consistent surpluses and asset growth
Frequently Asked Questions about Lubavitch Chabad Of Westborough Inc
Is Lubavitch Chabad Of Westborough Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lubavitch Chabad Of Westborough Inc (EIN: 10558856) some concerns. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.
How does Lubavitch Chabad Of Westborough Inc spend its money?
Lubavitch Chabad Of Westborough Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lubavitch Chabad Of Westborough Inc tax-deductible?
Lubavitch Chabad Of Westborough Inc is registered as a tax-exempt nonprofit (EIN: 10558856). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lubavitch Chabad Of Westborough Inc CEO make?
Lubavitch Chabad Of Westborough Inc's highest-compensated officer earns $690,271 annually. The organization reported $690K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lubavitch Chabad Of Westborough Inc's spending goes to programs?
Lubavitch Chabad Of Westborough Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lubavitch Chabad Of Westborough Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Lubavitch Chabad Of Westborough Inc is above average for NTEE category X30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lubavitch Chabad Of Westborough Inc located?
Lubavitch Chabad Of Westborough Inc is headquartered in Westborough, Massachusetts and files with the IRS under EIN 10558856. It is classified under NTEE code X30.
How many years of IRS 990 filings does Lubavitch Chabad Of Westborough Inc have?
Lubavitch Chabad Of Westborough Inc has 4 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 $690K in total revenue.
Is Lubavitch Chabad Of Westborough Inc financially stable?
Yes, the organization appears financially stable. It consistently reports revenues exceeding expenses (e.g., $719,684 revenue vs. $700,444 expenses in 2021) and has grown its assets from $512,817 in 2018 to $636,617 currently, with zero reported liabilities.
How does Lubavitch Chabad Of Westborough Inc manage its liabilities?
The organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating a very strong financial position with no outstanding debts.
What is the trend in the organization's revenue and expenses?
Revenue has fluctuated but generally shown growth, from $349,919 in 2018 to $719,684 in 2021, before a slight dip to $690,271 currently. Expenses have closely tracked revenue, consistently remaining below revenue, ensuring a positive net income.
Does the organization pay its officers?
According to the available IRS 990 data, the organization reports 0% officer compensation for all filing periods, suggesting that officers are not compensated or their compensation is reported differently.
Is the organization growing?
Yes, the organization shows growth, particularly in its asset base, which has increased from $512,817 in 2018 to $636,617 currently. Revenue has also generally increased over the filing periods.
Filing History
IRS 990 filing history for Lubavitch Chabad Of Westborough Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2018–2021), Lubavitch Chabad Of Westborough Inc's revenue has grown by 105.7%, moving from $350K to $720K. Total assets increased by 4.6% over the same period, from $513K to $537K. Total functional expenses rose by 100.6%, from $349K to $700K. In its most recent filing year (2021), Lubavitch Chabad Of Westborough Inc reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $720K | $700K | $537K | $0 | — | View 990 |
| 2020 | $578K | $569K | $653K | $0 | — | — |
| 2019 | $675K | $663K | $491K | $0 | — | — |
| 2018 | $350K | $349K | $513K | $0 | — | — |
Year-by-Year Financial Summary
- 2021: Revenue of $720K, expenses of $700K, and assets of $537K (revenue +24.6% year-over-year).
- 2020: Revenue of $578K, expenses of $569K, and assets of $653K (revenue -14.4% year-over-year).
- 2019: Revenue of $675K, expenses of $663K, and assets of $491K (revenue +92.9% year-over-year).
- 2018: Revenue of $350K, expenses of $349K, and assets of $513K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lubavitch Chabad Of Westborough Inc:
Data Sources and Methodology
This transparency report for Lubavitch Chabad Of Westborough Inc 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.