Massachusetts Center For The Book Inc
Massachusetts Center For The Book Inc shows strong revenue growth but experienced a deficit in its latest fiscal year.
EIN: 200796417 · Northampton, MA · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $445K |
| Total Expenses | $476K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $411,022 |
| Net Assets | $210K |
| Transparency Score | 85/100 |
Is Massachusetts Center For The Book Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Massachusetts Center For The Book Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Massachusetts Center For The Book Inc
Massachusetts Center For The Book Inc (EIN: 200796417) is a nonprofit organization based in Northampton, MA, classified under NTEE code B60. The organization reported total revenue of $445K and total assets of $372K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Massachusetts Center For The Book Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Massachusetts Center For The Book Inc is a small nonprofit that has been operating for 22 years, with 11 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 | $411K |
| Total Expenses | $476K |
| Surplus / Deficit | $-64,750 |
| Total Assets | $323K |
| Total Liabilities | $113K |
| Net Assets | $210K |
| Operating Margin | -15.8% |
| Debt-to-Asset Ratio | 35.0% |
| Months of Reserves | 8.1 months |
Financial Health Grade: B
In 2023, Massachusetts Center For The Book Inc reported a deficit of $65K with expenses exceeding revenue, holds 8.1 months of operating reserves (strong position), has a debt-to-asset ratio of 35.0% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2023), Massachusetts Center For The Book Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +106.7% | +11.3% |
| 2022 | +39.9% | +15.2% | +78.9% |
| 2021 | +22.4% | -3.2% | +52.6% |
| 2020 | +1.0% | -1.5% | +26.0% |
| 2019 | -3.7% | +10.5% | +15.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Massachusetts Center For The Book Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Massachusetts Center For The Book Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $65K, with expenses exceeding revenue.
- Debt-to-asset ratio: 35.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for a nonprofit of its size ($411,022 revenue in 2023) and suggests a strong dedication to mission over executive salaries.
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 Massachusetts Center For The Book Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest fiscal year (2023) by $64,750.
- Significant increase in liabilities from $15,600 in 2022 to $113,080 in 2023.
Strengths
The following positive indicators were identified for Massachusetts Center For The Book Inc:
- Strong long-term revenue growth from $42,938 in 2012 to $411,022 in 2023.
- Consistent asset growth, reaching $322,699 in 2023.
- 0% officer compensation reported across all filings, indicating high dedication to mission.
- Positive net income in most years, demonstrating effective financial management prior to 2023.
Frequently Asked Questions about Massachusetts Center For The Book Inc
Is Massachusetts Center For The Book Inc a legitimate charity?
Massachusetts Center For The Book Inc (EIN: 200796417) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $445K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Massachusetts Center For The Book Inc spend its money?
Massachusetts Center For The Book Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Massachusetts Center For The Book Inc tax-deductible?
Massachusetts Center For The Book Inc is registered as a tax-exempt nonprofit (EIN: 200796417). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Massachusetts Center For The Book Inc CEO make?
Massachusetts Center For The Book Inc's highest-compensated officer earns $411,022 annually. The organization reported $445K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Massachusetts Center For The Book Inc's spending goes to programs?
Massachusetts Center For The Book Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Massachusetts Center For The Book Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Massachusetts Center For The Book Inc is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Massachusetts Center For The Book Inc located?
Massachusetts Center For The Book Inc is headquartered in Northampton, Massachusetts and files with the IRS under EIN 200796417. It is classified under NTEE code B60.
How many years of IRS 990 filings does Massachusetts Center For The Book Inc have?
Massachusetts Center For The Book Inc has 11 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 $445K in total revenue.
Is Massachusetts Center For The Book Inc financially stable?
While the organization has shown significant revenue and asset growth over the past decade, the 2023 fiscal year reported expenses ($475,772) exceeding revenue ($411,022) by $64,750. This recent deficit, coupled with liabilities increasing to $113,080 in 2023 from $15,600 in 2022, suggests a need to monitor financial stability closely, despite a healthy asset base of $322,699.
How has the organization's revenue changed over time?
The organization has experienced substantial revenue growth, increasing from $42,938 in 2012 to $411,022 in 2023, demonstrating a significant expansion of its operations and funding.
What is the trend in the organization's assets?
Assets have shown a strong upward trend, growing from $45,848 in 2012 to $322,699 in 2023, indicating effective asset accumulation and financial health over the long term.
Does the organization pay its officers?
Based on the provided IRS 990 data, officer compensation has consistently been reported as 0% across all available filing periods, indicating that no officers received compensation from the organization.
Filing History
IRS 990 filing history for Massachusetts Center For The Book Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Massachusetts Center For The Book Inc's revenue has grown by 339.3%, moving from $94K to $411K. Total assets increased by 301.6% over the same period, from $80K to $323K. Total functional expenses rose by 582.2%, from $70K to $476K. In its most recent filing year (2023), Massachusetts Center For The Book Inc reported a deficit of $65K, with expenses exceeding revenue. The organization holds $113K in liabilities against $323K in assets (debt-to-asset ratio: 35.0%), resulting in net assets of $210K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $411K | $476K | $323K | $113K | — | View 990 |
| 2022 | $369K | $230K | $290K | $16K | — | View 990 |
| 2021 | $263K | $200K | $162K | $26K | — | — |
| 2020 | $215K | $207K | $106K | $34K | — | View 990 |
| 2019 | $213K | $210K | $84K | $21K | — | View 990 |
| 2018 | $221K | $190K | $73K | $13K | — | View 990 |
| 2017 | $212K | $210K | $29K | $0 | — | View 990 |
| 2016 | $210K | $193K | $56K | $30K | — | View 990 |
| 2015 | $147K | $147K | $17K | $7K | — | View 990 |
| 2012 | $43K | $71K | $46K | $0 | — | View 990 |
| 2011 | $94K | $70K | $80K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $411K, expenses of $476K, and assets of $323K (revenue +11.5% year-over-year).
- 2022: Revenue of $369K, expenses of $230K, and assets of $290K (revenue +39.9% year-over-year).
- 2021: Revenue of $263K, expenses of $200K, and assets of $162K (revenue +22.4% year-over-year).
- 2020: Revenue of $215K, expenses of $207K, and assets of $106K (revenue +1.0% year-over-year).
- 2019: Revenue of $213K, expenses of $210K, and assets of $84K (revenue -3.7% year-over-year).
- 2018: Revenue of $221K, expenses of $190K, and assets of $73K (revenue +4.5% year-over-year).
- 2017: Revenue of $212K, expenses of $210K, and assets of $29K (revenue +1.1% year-over-year).
- 2016: Revenue of $210K, expenses of $193K, and assets of $56K (revenue +42.4% year-over-year).
- 2015: Revenue of $147K, expenses of $147K, and assets of $17K (revenue +242.6% year-over-year).
- 2012: Revenue of $43K, expenses of $71K, and assets of $46K (revenue -54.1% year-over-year).
- 2011: Revenue of $94K, expenses of $70K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Massachusetts Center For The Book Inc:
Data Sources and Methodology
This transparency report for Massachusetts Center For The Book 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.