Massachusetts Teachers Association
EIN: 42648751 · Lowell, MA
| Metric | Value |
|---|---|
| Total Revenue | $237K |
| Total Expenses | $99K |
| Net Assets | $353K |
Is Massachusetts Teachers Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Massachusetts Teachers Association
Massachusetts Teachers Association (EIN: 42648751) is a nonprofit organization based in Lowell, MA. The organization reported total revenue of $237K and total assets of $453K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Massachusetts Teachers Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Massachusetts Teachers Association is a small nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $99K |
| Surplus / Deficit | +$48K |
| Total Assets | $396K |
| Total Liabilities | $43K |
| Net Assets | $353K |
| Operating Margin | 32.4% |
| Debt-to-Asset Ratio | 10.9% |
| Months of Reserves | 47.9 months |
Financial Health Grade: A
In 2023, Massachusetts Teachers Association reported a surplus of $48K with revenue exceeding expenses, holds 47.9 months of operating reserves (strong position), has a debt-to-asset ratio of 10.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Massachusetts Teachers Association's revenue has grown at a compound annual growth rate (CAGR) of 16.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.4% | +16.4% | +27.7% |
| 2022 | +42.3% | +85.2% | -2.7% |
| 2021 | +85.0% | +128.3% | +36.3% |
| 2020 | +56.4% | -45.6% | -12.2% |
| 2019 | +17.6% | -17.1% | +18.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Massachusetts Teachers Association 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 Massachusetts Teachers Association 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 surplus of $48K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.9%.
Frequently Asked Questions about Massachusetts Teachers Association
Is Massachusetts Teachers Association a legitimate charity?
Massachusetts Teachers Association (EIN: 42648751) is a registered tax-exempt nonprofit based in Massachusetts. It has 13 years of IRS 990 filings on record. Total revenue: $237K. No red flags identified. Financial health grade: A.
How does Massachusetts Teachers Association spend its money?
Massachusetts Teachers Association reported $237K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Massachusetts Teachers Association tax-deductible?
Massachusetts Teachers Association is registered as a tax-exempt nonprofit (EIN: 42648751). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Massachusetts Teachers Association located?
Massachusetts Teachers Association is headquartered in Lowell, Massachusetts and files with the IRS under EIN 42648751.
How many years of IRS 990 filings does Massachusetts Teachers Association have?
Massachusetts Teachers Association 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 $237K in total revenue.
Filing History
IRS 990 filing history for Massachusetts Teachers Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Massachusetts Teachers Association's revenue has grown by 514.8%, moving from $24K to $147K. Total assets increased by 25.2% over the same period, from $317K to $396K. Total functional expenses rose by 540.7%, from $15K to $99K. In its most recent filing year (2023), Massachusetts Teachers Association reported a surplus of $48K, with revenue exceeding expenses. The organization holds $43K in liabilities against $396K in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $353K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $147K | $99K | $396K | $43K | — | — |
| 2022 | $122K | $85K | $310K | $5K | — | View 990 |
| 2021 | $86K | $46K | $319K | $50K | — | View 990 |
| 2020 | $46K | $20K | $234K | $5K | — | View 990 |
| 2019 | $30K | $37K | $267K | $63K | — | View 990 |
| 2018 | $25K | $45K | $226K | $15K | — | View 990 |
| 2017 | $25K | $37K | $241K | $11K | — | View 990 |
| 2016 | $26K | $37K | $286K | $44K | — | View 990 |
| 2015 | $29K | $35K | $259K | $7K | — | View 990 |
| 2014 | $25K | $27K | $264K | $6K | — | View 990 |
| 2013 | $29K | $28K | $339K | $79K | — | View 990 |
| 2012 | $25K | $20K | $333K | $73K | — | View 990 |
| 2011 | $24K | $15K | $317K | $62K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $147K, expenses of $99K, and assets of $396K (revenue +20.4% year-over-year).
- 2022: Revenue of $122K, expenses of $85K, and assets of $310K (revenue +42.3% year-over-year).
- 2021: Revenue of $86K, expenses of $46K, and assets of $319K (revenue +85.0% year-over-year).
- 2020: Revenue of $46K, expenses of $20K, and assets of $234K (revenue +56.4% year-over-year).
- 2019: Revenue of $30K, expenses of $37K, and assets of $267K (revenue +17.6% year-over-year).
- 2018: Revenue of $25K, expenses of $45K, and assets of $226K (revenue -1.2% year-over-year).
- 2017: Revenue of $25K, expenses of $37K, and assets of $241K (revenue -0.7% year-over-year).
- 2016: Revenue of $26K, expenses of $37K, and assets of $286K (revenue -12.6% year-over-year).
- 2015: Revenue of $29K, expenses of $35K, and assets of $259K (revenue +19.1% year-over-year).
- 2014: Revenue of $25K, expenses of $27K, and assets of $264K (revenue -14.2% year-over-year).
- 2013: Revenue of $29K, expenses of $28K, and assets of $339K (revenue +15.1% year-over-year).
- 2012: Revenue of $25K, expenses of $20K, and assets of $333K (revenue +4.6% year-over-year).
- 2011: Revenue of $24K, expenses of $15K, and assets of $317K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Massachusetts Teachers Association:
Data Sources and Methodology
This transparency report for Massachusetts Teachers Association 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.