Massachusetts Partnerships For Youth Inc
Massachusetts Partnerships For Youth Inc: Stable Assets, Fluctuating Revenue
EIN: 222975263 · Wakefield, MA · Updated: 2026-04-04
Is Massachusetts Partnerships For Youth Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Massachusetts Partnerships For Youth Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Massachusetts Partnerships For Youth Inc
Massachusetts Partnerships For Youth Inc (EIN: 222975263) is a nonprofit organization based in Wakefield, MA. The organization reported total revenue of $785K and total assets of $868K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Massachusetts Partnerships For Youth Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Massachusetts Partnerships For Youth Inc with a Mission Score of 65 out of 100 (Good). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Massachusetts Partnerships For Youth Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation information is not explicitly detailed in the provided data, preventing a specific assessment of individual 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 Partnerships For Youth Inc's IRS 990 filings:
- Revenue has shown significant year-over-year fluctuations, from $1,291,519 in 2022 to $784,913 in 2023, which could impact program stability.
- The 'c' field consistently shows 0%, which might indicate a lack of specific compensation reporting within the provided data points.
Strengths
The following positive indicators were identified for Massachusetts Partnerships For Youth Inc:
- The organization maintains a healthy asset base, with $868,061 in 2023, providing financial stability.
- Consistent filing of financial data over many years demonstrates a commitment to transparency.
- Liabilities remain a relatively small percentage of total assets, indicating good financial health.
Frequently Asked Questions about Massachusetts Partnerships For Youth Inc
Is Massachusetts Partnerships For Youth Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Massachusetts Partnerships For Youth Inc (EIN: 222975263) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Massachusetts Partnerships For Youth Inc spend its money?
Massachusetts Partnerships For Youth Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Massachusetts Partnerships For Youth Inc tax-deductible?
Massachusetts Partnerships For Youth Inc is registered as a tax-exempt nonprofit (EIN: 222975263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Massachusetts Partnerships For Youth Inc do?
Massachusetts Partnerships For Youth Inc is a nonprofit organization in the Unknown sector, located in Wakefield, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Massachusetts Partnerships For Youth Inc have?
Massachusetts Partnerships For Youth Inc reported total revenue of $784,913. Based on 13 IRS 990 filings on record.
What are Massachusetts Partnerships For Youth Inc's total assets?
Massachusetts Partnerships For Youth Inc holds total assets of $868,061 as reported in IRS 990 filings.
Where is Massachusetts Partnerships For Youth Inc located?
Massachusetts Partnerships For Youth Inc is based in Wakefield, Massachusetts.
What is Massachusetts Partnerships For Youth Inc's EIN?
Massachusetts Partnerships For Youth Inc's Employer Identification Number (EIN) is 222975263. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Massachusetts Partnerships For Youth Inc?
Massachusetts Partnerships For Youth Inc is classified under NTEE code Unknown (Unknown).
Is Massachusetts Partnerships For Youth Inc a registered 501(c)(3)?
Massachusetts Partnerships For Youth Inc appears in IRS records (EIN: 222975263). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Massachusetts Partnerships For Youth Inc file IRS Form 990?
Yes, Massachusetts Partnerships For Youth Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Massachusetts Partnerships For Youth Inc's revenue in 2023?
In the 202306 filing period, Massachusetts Partnerships For Youth Inc reported total revenue of $784,913, total expenses of $810,340, and net assets of $868,061.
Is Massachusetts Partnerships For Youth Inc's revenue growing or declining?
Massachusetts Partnerships For Youth Inc's revenue is declining. Revenue went from $1,291,519 (202206) to $784,913 (202306), a -39.2% change. Based on 13 filings on record.
What is Massachusetts Partnerships For Youth Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Massachusetts Partnerships For Youth Inc covers tax period 202306. It shows revenue of $784,913, expenses of $810,340, total assets of $868,061, and liabilities of $80,619.
How much does Massachusetts Partnerships For Youth Inc spend on programs vs administration?
Based on IRS 990 analysis, Massachusetts Partnerships For Youth Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Massachusetts Partnerships For Youth Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Massachusetts Partnerships For Youth Inc shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Massachusetts Partnerships For Youth Inc?
The following concerns were identified: Revenue has shown significant year-over-year fluctuations, from $1,291,519 in 2022 to $784,913 in 2023, which could impact program stability.. The 'c' field consistently shows 0%, which might indicate a lack of specific compensation reporting within the provided data points.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Massachusetts Partnerships For Youth Inc's strengths?
Positive indicators for Massachusetts Partnerships For Youth Inc include: The organization maintains a healthy asset base, with $868,061 in 2023, providing financial stability.. Consistent filing of financial data over many years demonstrates a commitment to transparency.. Liabilities remain a relatively small percentage of total assets, indicating good financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Massachusetts Partnerships For Youth Inc compensate executives?
Executive compensation information is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the significant revenue drop from $1,291,519 in 2022 to $784,913 in 2023, and how is the organization mitigating future revenue volatility?
The provided data does not specify the reasons for the revenue drop. Further investigation into funding sources, grant cycles, or program changes would be necessary to understand and assess mitigation strategies.
Given the consistent 'c0%' in the filings, where can detailed executive compensation figures be found to assess appropriate remuneration for leadership?
The 'c0%' likely indicates that executive compensation is not broken out in this specific data extract. Full IRS Form 990 filings would need to be reviewed to find detailed executive compensation figures.
Filing History
IRS 990 filing history for Massachusetts Partnerships For Youth Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Massachusetts Partnerships For Youth Inc's revenue has grown by 175.2%, moving from $285K to $785K. Total assets increased by 351.2% over the same period, from $192K to $868K. Total functional expenses rose by 183.9%, from $285K to $810K. In its most recent filing year (2023), Massachusetts Partnerships For Youth Inc reported a deficit of $25K, with expenses exceeding revenue. The organization holds $81K in liabilities against $868K in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $787K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $785K | $810K | $868K | $81K | — | — |
| 2022 | $1.3M | $766K | $888K | $75K | — | View 990 |
| 2021 | $402K | $396K | $376K | $89K | — | — |
| 2020 | $619K | $626K | $326K | $45K | — | View 990 |
| 2019 | $289K | $311K | $300K | $12K | — | View 990 |
| 2018 | $335K | $241K | $351K | $40K | — | View 990 |
| 2017 | $383K | $396K | $221K | $4K | — | View 990 |
| 2016 | $411K | $394K | $230K | $932 | — | View 990 |
| 2015 | $338K | $329K | $223K | $11K | — | View 990 |
| 2014 | $381K | $361K | $210K | $6K | — | View 990 |
| 2013 | $375K | $370K | $193K | $10K | — | View 990 |
| 2012 | $349K | $341K | $197K | $19K | — | View 990 |
| 2011 | $285K | $285K | $192K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $785K, expenses of $810K, and assets of $868K (revenue -39.2% year-over-year).
- 2022: Revenue of $1.3M, expenses of $766K, and assets of $888K (revenue +220.9% year-over-year).
- 2021: Revenue of $402K, expenses of $396K, and assets of $376K (revenue -35.0% year-over-year).
- 2020: Revenue of $619K, expenses of $626K, and assets of $326K (revenue +114.5% year-over-year).
- 2019: Revenue of $289K, expenses of $311K, and assets of $300K (revenue -13.9% year-over-year).
- 2018: Revenue of $335K, expenses of $241K, and assets of $351K (revenue -12.4% year-over-year).
- 2017: Revenue of $383K, expenses of $396K, and assets of $221K (revenue -6.9% year-over-year).
- 2016: Revenue of $411K, expenses of $394K, and assets of $230K (revenue +21.7% year-over-year).
- 2015: Revenue of $338K, expenses of $329K, and assets of $223K (revenue -11.3% year-over-year).
- 2014: Revenue of $381K, expenses of $361K, and assets of $210K (revenue +1.6% year-over-year).
- 2013: Revenue of $375K, expenses of $370K, and assets of $193K (revenue +7.4% year-over-year).
- 2012: Revenue of $349K, expenses of $341K, and assets of $197K (revenue +22.4% year-over-year).
- 2011: Revenue of $285K, expenses of $285K, and assets of $192K.
Data Sources and Methodology
This transparency report for Massachusetts Partnerships For Youth 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.