Masslandlords Inc
Masslandlords Inc: Strong Revenue Growth, but Spending Breakdown Raises Questions
EIN: 222606893 · Cambridge, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $487K |
| Total Expenses | $535K |
| CEO/Top Officer Pay | $534,598 |
| Net Assets | $-377,147 |
| Transparency Score | 65/100 |
Is Masslandlords Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Masslandlords Inc
Masslandlords Inc (EIN: 222606893) is a nonprofit organization based in Cambridge, MA. The organization reported total revenue of $487K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Masslandlords Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Masslandlords Inc is a small nonprofit that has been operating for 41 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 21.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $447K |
| Total Expenses | $535K |
| Surplus / Deficit | $-87,762 |
| Total Assets | $31K |
| Total Liabilities | $408K |
| Net Assets | $-377,147 |
| Operating Margin | -19.6% |
| Debt-to-Asset Ratio | 1318.9% |
| Months of Reserves | 0.7 months |
Financial Health Grade: D
In 2023, Masslandlords Inc reported a deficit of $88K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 1318.9% (high leverage).
Financial Trends
Over 8 years of filings (2016–2023), Masslandlords Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.0% | +14.5% | -7.1% |
| 2022 | +10.3% | +3.0% | +32.4% |
| 2021 | +12.0% | +24.1% | -44.3% |
| 2020 | +19.7% | +22.9% | +61.4% |
| 2019 | +26.0% | +17.6% | +108.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Masslandlords 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: 85%
- programs: 0%
- fundraising: 15%
According to IRS 990 filings, Masslandlords Inc allocates its expenses as follows: admin: 85%, programs: 0%, fundraising: 15%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $88K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1318.9%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but given the 0% program spending, it's likely included within administrative expenses, which totaled $534,598 in 2023.
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 Masslandlords Inc's IRS 990 filings:
- 0% program service expenses reported across all years, suggesting no direct charitable activities or miscategorization of expenses.
- Significant increase in liabilities (from $24,698 in 2016 to $408,089 in 2023) without clear explanation in the provided data.
- Total expenses consistently exceed total revenue in most years, leading to a negative net income.
Strengths
The following positive indicators were identified for Masslandlords Inc:
- Consistent and strong revenue growth year over year, from $116,123 in 2016 to $446,836 in 2023.
- The organization has maintained a positive asset base, growing from $29,068 in 2016 to $30,942 in 2023.
Frequently Asked Questions about Masslandlords Inc
Is Masslandlords Inc a legitimate charity?
Masslandlords Inc (EIN: 222606893) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 65/100. It has 8 years of IRS 990 filings on record. Total revenue: $487K. 3 red flags identified. 2 strengths noted. Financial health grade: D.
How does Masslandlords Inc spend its money?
Masslandlords Inc reported $487K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Masslandlords Inc tax-deductible?
Masslandlords Inc is registered as a tax-exempt nonprofit (EIN: 222606893). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Masslandlords Inc CEO make?
Masslandlords Inc's highest-compensated officer earns $534,598 annually. The organization reported $487K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Masslandlords Inc located?
Masslandlords Inc is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 222606893.
How many years of IRS 990 filings does Masslandlords Inc have?
Masslandlords Inc has 8 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 $487K in total revenue.
What does Masslandlords Inc do?
Masslandlords Inc is a nonprofit organization in the Unknown sector, located in Cambridge, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Masslandlords Inc have?
Masslandlords Inc reported total revenue of $486,809. Based on 8 IRS 990 filings on record.
What are Masslandlords Inc's total assets?
Masslandlords Inc holds total assets of $46,952 as reported in IRS 990 filings.
Where is Masslandlords Inc located?
Masslandlords Inc is based in Cambridge, Massachusetts.
What is Masslandlords Inc's EIN?
Masslandlords Inc's Employer Identification Number (EIN) is 222606893. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Masslandlords Inc?
Masslandlords Inc is classified under NTEE code Unknown (Unknown).
Is Masslandlords Inc a registered 501(c)(3)?
Masslandlords Inc appears in IRS records (EIN: 222606893). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Masslandlords Inc file IRS Form 990?
Yes, Masslandlords Inc has 8 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Masslandlords Inc's revenue in 2023?
In the 202312 filing period, Masslandlords Inc reported total revenue of $446,836, total expenses of $534,598, and net assets of $30,942.
Is Masslandlords Inc's revenue growing or declining?
Masslandlords Inc's revenue is growing. Revenue went from $398,823 (202212) to $446,836 (202312), a +12.0% change. Based on 8 filings on record.
What is Masslandlords Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Masslandlords Inc covers tax period 202312. It shows revenue of $446,836, expenses of $534,598, total assets of $30,942, and liabilities of $408,089.
Is Masslandlords Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Masslandlords Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Masslandlords Inc?
The following concerns were identified: 0% program service expenses reported across all years, suggesting no direct charitable activities or miscategorization of expenses.. Significant increase in liabilities (from $24,698 in 2016 to $408,089 in 2023) without clear explanation in the provided data.. Total expenses consistently exceed total revenue in most years, leading to a negative net income.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Masslandlords Inc's strengths?
Positive indicators for Masslandlords Inc include: Consistent and strong revenue growth year over year, from $116,123 in 2016 to $446,836 in 2023.. The organization has maintained a positive asset base, growing from $29,068 in 2016 to $30,942 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Masslandlords Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but given the 0% program spending, it's likely included within administrative expenses, which totaled $534,598 in 2023. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Masslandlords Inc achieve its mission with 0% reported program service expenses?
The consistent reporting of 0% program service expenses across all years in the 990 filings suggests that the organization's activities, if charitable, are not categorized as direct program services. This could indicate that their mission is fulfilled through advocacy, administrative support, or other indirect means that are classified under administrative or fundraising expenses.
What is the nature of the substantial and growing liabilities reported by Masslandlords Inc?
The liabilities have increased significantly from $24,698 in 2016 to $408,089 in 2023. Without further detail, it's unclear if these are operational debts, loans, or other financial obligations. This growth in liabilities, especially when expenses often exceed revenue, warrants further investigation into the organization's financial stability and long-term strategy.
Filing History
IRS 990 filing history for Masslandlords Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Masslandlords Inc's revenue has grown by 284.8%, moving from $116K to $447K. Total assets increased by 6.4% over the same period, from $29K to $31K. Total functional expenses rose by 361.8%, from $116K to $535K. In its most recent filing year (2023), Masslandlords Inc reported a deficit of $88K, with expenses exceeding revenue. The organization holds $408K in liabilities against $31K in assets (debt-to-asset ratio: 1318.9%), resulting in net assets of $-377,147.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $447K | $535K | $31K | $408K | — | View 990 |
| 2022 | $399K | $467K | $33K | $323K | — | View 990 |
| 2021 | $362K | $453K | $25K | $246K | — | View 990 |
| 2020 | $323K | $365K | $45K | $175K | — | — |
| 2019 | $270K | $297K | $28K | $115K | — | View 990 |
| 2018 | $214K | $253K | $13K | $73K | — | View 990 |
| 2017 | $191K | $216K | $18K | $39K | — | View 990 |
| 2016 | $116K | $116K | $29K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $447K, expenses of $535K, and assets of $31K (revenue +12.0% year-over-year).
- 2022: Revenue of $399K, expenses of $467K, and assets of $33K (revenue +10.3% year-over-year).
- 2021: Revenue of $362K, expenses of $453K, and assets of $25K (revenue +12.0% year-over-year).
- 2020: Revenue of $323K, expenses of $365K, and assets of $45K (revenue +19.7% year-over-year).
- 2019: Revenue of $270K, expenses of $297K, and assets of $28K (revenue +26.0% year-over-year).
- 2018: Revenue of $214K, expenses of $253K, and assets of $13K (revenue +12.1% year-over-year).
- 2017: Revenue of $191K, expenses of $216K, and assets of $18K (revenue +64.4% year-over-year).
- 2016: Revenue of $116K, expenses of $116K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Masslandlords Inc:
Data Sources and Methodology
This transparency report for Masslandlords 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.