Massachusetts Head Start Association Inc
Massachusetts Head Start Association Inc shows consistent revenue growth and strong financial stability with no reported officer compensation.
EIN: 200857352 · Lynn, MA · NTEE: B21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $354K |
| Total Expenses | $262K |
| Program Spending | 85% |
| Net Assets | $245K |
| Transparency Score | 90/100 |
Is Massachusetts Head Start Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Massachusetts Head Start Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Massachusetts Head Start Association Inc
Massachusetts Head Start Association Inc (EIN: 200857352) is a nonprofit organization based in Lynn, MA, classified under NTEE code B21. The organization reported total revenue of $354K and total assets of $266K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Massachusetts Head Start Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Massachusetts Head Start Association Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $334K |
| Total Expenses | $262K |
| Surplus / Deficit | +$72K |
| Total Assets | $256K |
| Total Liabilities | $11K |
| Net Assets | $245K |
| Operating Margin | 21.6% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 11.7 months |
Financial Health Grade: A
In 2023, Massachusetts Head Start Association Inc reported a surplus of $72K with revenue exceeding expenses, holds 11.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Massachusetts Head Start Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.8% | +44.5% | +44.8% |
| 2022 | +13.3% | +23.3% | +15.1% |
| 2021 | +10.9% | +7.9% | +34.5% |
| 2020 | +9.3% | -8.2% | +25.6% |
| 2019 | +-0.0% | +27.2% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Head Start Association Inc with a Mission Score of 90 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, Massachusetts Head Start Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $72K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.3%.
Executive Compensation Analysis
The organization reported 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of its size.
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.
Strengths
The following positive indicators were identified for Massachusetts Head Start Association Inc:
- Consistent revenue growth, from $116,625 in 2015 to $334,184 in 2023.
- Strong financial stability with a healthy asset-to-liability ratio ($256,320 assets vs. $11,061 liabilities in 2023).
- No reported officer compensation across all filings, indicating high efficiency and dedication of resources to mission.
- Positive net income in recent years (e.g., $72,130 surplus in 2023).
- Long history of IRS 990 filings (13 filings), demonstrating transparency and accountability.
Frequently Asked Questions about Massachusetts Head Start Association Inc
Is Massachusetts Head Start Association Inc a legitimate charity?
Massachusetts Head Start Association Inc (EIN: 200857352) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $354K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Massachusetts Head Start Association Inc spend its money?
Massachusetts Head Start Association Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Massachusetts Head Start Association Inc tax-deductible?
Massachusetts Head Start Association Inc is registered as a tax-exempt nonprofit (EIN: 200857352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Massachusetts Head Start Association Inc's spending goes to programs?
Massachusetts Head Start Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Massachusetts Head Start Association Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Massachusetts Head Start Association Inc is above average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Massachusetts Head Start Association Inc located?
Massachusetts Head Start Association Inc is headquartered in Lynn, Massachusetts and files with the IRS under EIN 200857352. It is classified under NTEE code B21.
How many years of IRS 990 filings does Massachusetts Head Start Association Inc have?
Massachusetts Head Start Association Inc has 13 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 $354K in total revenue.
Is Massachusetts Head Start Association Inc a good charity?
Based on the available financial data, the Massachusetts Head Start Association Inc appears to be a well-managed and efficient charity. It demonstrates consistent revenue growth, maintains a healthy asset-to-liability ratio, and reports no officer compensation, suggesting a strong commitment to its mission.
How has the organization's revenue changed over time?
The organization has shown significant revenue growth, increasing from $116,625 in 2015 to $334,184 in 2023, indicating expanding support and operations.
What is the organization's financial stability?
The organization exhibits strong financial stability, with assets of $256,320 and liabilities of $11,061 in 2023, resulting in a substantial net asset position.
Does the organization compensate its officers?
No, the organization has consistently reported 0% officer compensation across all available IRS 990 filings, indicating that no compensation is paid to its officers.
Filing History
IRS 990 filing history for Massachusetts Head Start Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Massachusetts Head Start Association Inc's revenue has grown by 48.9%, moving from $224K to $334K. Total assets increased by 142.5% over the same period, from $106K to $256K. Total functional expenses rose by 30%, from $202K to $262K. In its most recent filing year (2023), Massachusetts Head Start Association Inc reported a surplus of $72K, with revenue exceeding expenses. The organization holds $11K in liabilities against $256K in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $245K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $334K | $262K | $256K | $11K | — | View 990 |
| 2022 | $207K | $181K | $177K | $4K | — | — |
| 2021 | $182K | $147K | $154K | $6K | — | View 990 |
| 2020 | $164K | $136K | $114K | $2K | — | View 990 |
| 2019 | $150K | $149K | $91K | $7K | — | View 990 |
| 2018 | $150K | $117K | $89K | $7K | — | View 990 |
| 2017 | $141K | $148K | $49K | $0 | — | View 990 |
| 2016 | $132K | $152K | $56K | $0 | — | View 990 |
| 2015 | $117K | $163K | $76K | $0 | — | View 990 |
| 2014 | $259K | $273K | $122K | $0 | — | View 990 |
| 2013 | $359K | $340K | $136K | $0 | — | View 990 |
| 2012 | $362K | $352K | $116K | $0 | — | View 990 |
| 2011 | $224K | $202K | $106K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $334K, expenses of $262K, and assets of $256K (revenue +61.8% year-over-year).
- 2022: Revenue of $207K, expenses of $181K, and assets of $177K (revenue +13.3% year-over-year).
- 2021: Revenue of $182K, expenses of $147K, and assets of $154K (revenue +10.9% year-over-year).
- 2020: Revenue of $164K, expenses of $136K, and assets of $114K (revenue +9.3% year-over-year).
- 2019: Revenue of $150K, expenses of $149K, and assets of $91K (revenue +-0.0% year-over-year).
- 2018: Revenue of $150K, expenses of $117K, and assets of $89K (revenue +6.9% year-over-year).
- 2017: Revenue of $141K, expenses of $148K, and assets of $49K (revenue +6.5% year-over-year).
- 2016: Revenue of $132K, expenses of $152K, and assets of $56K (revenue +13.3% year-over-year).
- 2015: Revenue of $117K, expenses of $163K, and assets of $76K (revenue -55.0% year-over-year).
- 2014: Revenue of $259K, expenses of $273K, and assets of $122K (revenue -27.8% year-over-year).
- 2013: Revenue of $359K, expenses of $340K, and assets of $136K (revenue -0.8% year-over-year).
- 2012: Revenue of $362K, expenses of $352K, and assets of $116K (revenue +61.3% year-over-year).
- 2011: Revenue of $224K, expenses of $202K, and assets of $106K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Massachusetts Head Start Association Inc:
Data Sources and Methodology
This transparency report for Massachusetts Head Start Association 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.