Mass Restaurant Assn Inc
EIN: 41591041 · Westborough, MA
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.5M |
| Net Assets | $2.0M |
Is Mass Restaurant Assn Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mass Restaurant Assn Inc
Mass Restaurant Assn Inc (EIN: 41591041) is a nonprofit organization based in Westborough, MA. The organization reported total revenue of $2.0M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mass Restaurant Assn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mass Restaurant Assn Inc is a mid-size nonprofit that has been operating for 84 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-135,141 |
| Total Assets | $2.7M |
| Total Liabilities | $630K |
| Net Assets | $2.0M |
| Operating Margin | -9.6% |
| Debt-to-Asset Ratio | 23.6% |
| Months of Reserves | 20.7 months |
Financial Health Grade: B
In 2023, Mass Restaurant Assn Inc reported a deficit of $135K with expenses exceeding revenue, holds 20.7 months of operating reserves (strong position), has a debt-to-asset ratio of 23.6% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Mass Restaurant Assn Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.7% | +2.1% | -10.0% |
| 2022 | +25.8% | +13.3% | -14.5% |
| 2021 | -28.4% | -17.8% | +6.1% |
| 2020 | -4.9% | -7.2% | +4.2% |
| 2019 | -4.0% | -4.5% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mass Restaurant Assn Inc 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 Mass Restaurant Assn Inc 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 deficit of $135K, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.6%.
Frequently Asked Questions about Mass Restaurant Assn Inc
Is Mass Restaurant Assn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mass Restaurant Assn Inc (EIN: 41591041) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mass Restaurant Assn Inc spend its money?
Detailed spending breakdown data is not yet available for Mass Restaurant Assn Inc. Check back for updated IRS 990 analysis.
Are donations to Mass Restaurant Assn Inc tax-deductible?
Mass Restaurant Assn Inc is registered as a tax-exempt nonprofit (EIN: 41591041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mass Restaurant Assn Inc located?
Mass Restaurant Assn Inc is headquartered in Westborough, Massachusetts and files with the IRS under EIN 41591041.
How many years of IRS 990 filings does Mass Restaurant Assn Inc have?
Mass Restaurant Assn Inc 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 $2.0M in total revenue.
Filing History
IRS 990 filing history for Mass Restaurant Assn Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Mass Restaurant Assn Inc's revenue has declined by 26.7%, moving from $1.9M to $1.4M. Total assets decreased by 8.9% over the same period, from $2.9M to $2.7M. Total functional expenses fell by 11.4%, from $1.7M to $1.5M. In its most recent filing year (2023), Mass Restaurant Assn Inc reported a deficit of $135K, with expenses exceeding revenue. The organization holds $630K in liabilities against $2.7M in assets (debt-to-asset ratio: 23.6%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.5M | $2.7M | $630K | — | View 990 |
| 2022 | $1.5M | $1.5M | $3.0M | $927K | — | View 990 |
| 2021 | $1.2M | $1.3M | $3.5M | $1.1M | — | View 990 |
| 2020 | $1.7M | $1.6M | $3.3M | $969K | — | View 990 |
| 2019 | $1.8M | $1.7M | $3.1M | $938K | — | View 990 |
| 2018 | $1.9M | $1.8M | $3.0M | $923K | — | View 990 |
| 2017 | $1.8M | $1.7M | $2.9M | $798K | — | View 990 |
| 2016 | $1.7M | $1.7M | $2.9M | $1.0M | — | View 990 |
| 2015 | $1.9M | $1.7M | $3.1M | $1.2M | — | View 990 |
| 2014 | $1.8M | $2.7M | $3.2M | $1.4M | — | View 990 |
| 2012 | $1.7M | $1.7M | $3.0M | $537K | — | View 990 |
| 2011 | $1.9M | $1.7M | $2.9M | $476K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.5M, and assets of $2.7M (revenue -8.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $3.0M (revenue +25.8% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.3M, and assets of $3.5M (revenue -28.4% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.6M, and assets of $3.3M (revenue -4.9% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.7M, and assets of $3.1M (revenue -4.0% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.8M, and assets of $3.0M (revenue +1.5% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.7M, and assets of $2.9M (revenue +8.6% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $2.9M (revenue -11.6% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.7M, and assets of $3.1M (revenue +8.3% year-over-year).
- 2014: Revenue of $1.8M, expenses of $2.7M, and assets of $3.2M (revenue +3.1% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $3.0M (revenue -10.2% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.7M, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mass Restaurant Assn Inc:
Data Sources and Methodology
This transparency report for Mass Restaurant Assn 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.