Massachusetts Rivers Alliance Inc
Massachusetts Rivers Alliance Inc. shows recent operating deficits despite healthy assets and no reported officer compensation.
EIN: 208387704 · Somerville, MA · NTEE: C32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $607K |
| Total Expenses | $474K |
| Program Spending | 80% |
| Net Assets | $589K |
| Transparency Score | 85/100 |
Is Massachusetts Rivers Alliance Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Massachusetts Rivers Alliance Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Massachusetts Rivers Alliance Inc
Massachusetts Rivers Alliance Inc (EIN: 208387704) is a nonprofit organization based in Somerville, MA, classified under NTEE code C32. The organization reported total revenue of $607K and total assets of $585K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Massachusetts Rivers Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Massachusetts Rivers Alliance Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $362K |
| Total Expenses | $474K |
| Surplus / Deficit | $-112,887 |
| Total Assets | $631K |
| Total Liabilities | $42K |
| Net Assets | $589K |
| Operating Margin | -31.2% |
| Debt-to-Asset Ratio | 6.7% |
| Months of Reserves | 16.0 months |
Financial Health Grade: B
In 2023, Massachusetts Rivers Alliance Inc reported a deficit of $113K with expenses exceeding revenue, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 6.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Massachusetts Rivers Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.2% | +9.1% | -10.2% |
| 2022 | -53.2% | +39.1% | -6.9% |
| 2021 | +145.1% | +45.4% | +199.8% |
| 2020 | +23.9% | +1.8% | +87.8% |
| 2019 | +47.4% | +0.9% | +74.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Rivers Alliance 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Massachusetts Rivers Alliance Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 $113K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer or compensated through non-officer roles, which is a strong positive for donor perception and resource allocation.
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 Rivers Alliance Inc's IRS 990 filings:
- Expenses exceeded revenue in 2022 and 2023, indicating recent operating deficits.
- Significant fluctuation in annual revenue, making financial planning potentially challenging.
Strengths
The following positive indicators were identified for Massachusetts Rivers Alliance Inc:
- Consistent reporting of 0% officer compensation across all filings.
- Healthy asset base of $630,901 in 2023 provides financial stability.
- Long history of IRS 990 filings (13 periods) demonstrates strong transparency and compliance.
- Strong revenue growth trend over the long term, from $83,762 in 2014 to $361,578 in 2023 (excluding the 2021 spike).
Frequently Asked Questions about Massachusetts Rivers Alliance Inc
Is Massachusetts Rivers Alliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Massachusetts Rivers Alliance Inc (EIN: 208387704) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Massachusetts Rivers Alliance Inc spend its money?
Massachusetts Rivers Alliance Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Massachusetts Rivers Alliance Inc tax-deductible?
Massachusetts Rivers Alliance Inc is registered as a tax-exempt nonprofit (EIN: 208387704). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Massachusetts Rivers Alliance Inc's spending goes to programs?
Massachusetts Rivers Alliance Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Massachusetts Rivers Alliance Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Massachusetts Rivers Alliance Inc is above average for NTEE category C32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Massachusetts Rivers Alliance Inc located?
Massachusetts Rivers Alliance Inc is headquartered in Somerville, Massachusetts and files with the IRS under EIN 208387704. It is classified under NTEE code C32.
How many years of IRS 990 filings does Massachusetts Rivers Alliance Inc have?
Massachusetts Rivers Alliance 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 $607K in total revenue.
Is Massachusetts Rivers Alliance Inc. financially stable given recent deficits?
While the organization has experienced operating deficits in 2022 and 2023, its substantial asset base of $630,901 in 2023 provides a buffer, suggesting current financial stability despite recent operational losses.
How does the lack of officer compensation impact the organization?
The consistent reporting of 0% officer compensation is a significant strength, indicating that a very high proportion of funds can be directed towards programs and operations rather than executive salaries, enhancing donor trust and perceived efficiency.
What caused the large revenue spike in 2021?
The data shows a significant revenue increase to $815,873 in 2021, which was an outlier compared to surrounding years. Further investigation into the nature of this revenue (e.g., a large grant, specific fundraising campaign) would be beneficial to understand its sustainability and impact on subsequent years.
Filing History
IRS 990 filing history for Massachusetts Rivers Alliance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Massachusetts Rivers Alliance Inc's revenue has grown by 388.8%, moving from $74K to $362K. Total assets increased by 1591% over the same period, from $37K to $631K. Total functional expenses rose by 451.4%, from $86K to $474K. In its most recent filing year (2023), Massachusetts Rivers Alliance Inc reported a deficit of $113K, with expenses exceeding revenue. The organization holds $42K in liabilities against $631K in assets (debt-to-asset ratio: 6.7%), resulting in net assets of $589K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $362K | $474K | $631K | $42K | — | View 990 |
| 2022 | $381K | $435K | $703K | $1K | — | — |
| 2021 | $816K | $313K | $755K | $0 | — | View 990 |
| 2020 | $333K | $215K | $252K | $0 | — | View 990 |
| 2019 | $269K | $211K | $134K | $0 | — | View 990 |
| 2018 | $182K | $210K | $77K | $0 | — | View 990 |
| 2017 | $181K | $180K | $104K | $0 | — | View 990 |
| 2016 | $149K | $177K | $104K | $0 | — | View 990 |
| 2015 | $154K | $141K | $132K | $0 | — | View 990 |
| 2014 | $84K | $104K | $120K | $0 | — | View 990 |
| 2013 | $201K | $102K | $140K | $0 | — | View 990 |
| 2012 | $62K | $60K | $40K | $0 | — | View 990 |
| 2011 | $74K | $86K | $37K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $362K, expenses of $474K, and assets of $631K (revenue -5.2% year-over-year).
- 2022: Revenue of $381K, expenses of $435K, and assets of $703K (revenue -53.2% year-over-year).
- 2021: Revenue of $816K, expenses of $313K, and assets of $755K (revenue +145.1% year-over-year).
- 2020: Revenue of $333K, expenses of $215K, and assets of $252K (revenue +23.9% year-over-year).
- 2019: Revenue of $269K, expenses of $211K, and assets of $134K (revenue +47.4% year-over-year).
- 2018: Revenue of $182K, expenses of $210K, and assets of $77K (revenue +0.9% year-over-year).
- 2017: Revenue of $181K, expenses of $180K, and assets of $104K (revenue +21.6% year-over-year).
- 2016: Revenue of $149K, expenses of $177K, and assets of $104K (revenue -3.5% year-over-year).
- 2015: Revenue of $154K, expenses of $141K, and assets of $132K (revenue +83.8% year-over-year).
- 2014: Revenue of $84K, expenses of $104K, and assets of $120K (revenue -58.4% year-over-year).
- 2013: Revenue of $201K, expenses of $102K, and assets of $140K (revenue +223.5% year-over-year).
- 2012: Revenue of $62K, expenses of $60K, and assets of $40K (revenue -15.9% year-over-year).
- 2011: Revenue of $74K, expenses of $86K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Massachusetts Rivers Alliance Inc:
Data Sources and Methodology
This transparency report for Massachusetts Rivers Alliance 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.