Meor Of Boston Inc
Meor Of Boston Inc shows consistent revenue and asset growth with zero reported officer compensation.
EIN: 204394106 · Brookline, MA · NTEE: X30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $901K |
| Total Expenses | $733K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $834,984 |
| Net Assets | $620K |
| Transparency Score | 95/100 |
Is Meor Of Boston Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Meor Of Boston Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Meor Of Boston Inc
Meor Of Boston Inc (EIN: 204394106) is a nonprofit organization based in Brookline, MA, classified under NTEE code X30. The organization reported total revenue of $901K and total assets of $736K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meor Of Boston Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Meor Of Boston Inc is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $835K |
| Total Expenses | $733K |
| Surplus / Deficit | +$101K |
| Total Assets | $666K |
| Total Liabilities | $46K |
| Net Assets | $620K |
| Operating Margin | 12.2% |
| Debt-to-Asset Ratio | 6.9% |
| Months of Reserves | 10.9 months |
Financial Health Grade: A
In 2023, Meor Of Boston Inc reported a surplus of $101K with revenue exceeding expenses, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 6.9% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), Meor Of Boston Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.4% | +54.2% | +15.9% |
| 2022 | +35.2% | +4.1% | +121.5% |
| 2021 | +51.3% | +29.6% | +90.3% |
| 2020 | -6.9% | -16.6% | +57.9% |
| 2019 | -30.2% | -19.6% | -8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2014 |
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 Meor Of Boston Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Meor Of Boston Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $101K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.9%.
Executive Compensation Analysis
Meor Of Boston Inc consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries. This is highly unusual for an organization of its size, with revenues reaching $834,984 in 2023, and suggests a strong volunteer-driven leadership or alternative compensation structures not captured as 'officer compensation'.
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 Meor Of Boston Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data (though 0% officer comp is positive, specific program efficiency is not fully visible)
Strengths
The following positive indicators were identified for Meor Of Boston Inc:
- Consistent revenue growth, from $369,560 in 2020 to $834,984 in 2023.
- Significant asset growth, from $136,371 in 2020 to $666,060 in 2023.
- 0% reported officer compensation across all filings, indicating high efficiency and dedication of funds to mission.
- Low liabilities relative to assets, with $46,256 in liabilities against $666,060 in assets in 2023.
- Positive net income in most recent years, such as $101,499 in 2023 ($834,984 revenue - $733,485 expenses).
Frequently Asked Questions about Meor Of Boston Inc
Is Meor Of Boston Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Meor Of Boston Inc (EIN: 204394106) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Meor Of Boston Inc spend its money?
Meor Of Boston Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Meor Of Boston Inc tax-deductible?
Meor Of Boston Inc is registered as a tax-exempt nonprofit (EIN: 204394106). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Meor Of Boston Inc CEO make?
Meor Of Boston Inc's highest-compensated officer earns $834,984 annually. The organization reported $901K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Meor Of Boston Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Meor Of Boston Inc is above average for NTEE category X30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Meor Of Boston Inc located?
Meor Of Boston Inc is headquartered in Brookline, Massachusetts and files with the IRS under EIN 204394106. It is classified under NTEE code X30.
How many years of IRS 990 filings does Meor Of Boston Inc have?
Meor Of Boston Inc has 11 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 $901K in total revenue.
Is Meor Of Boston Inc a good charity?
Based on the provided financial data, Meor Of Boston Inc appears to be a very good charity. It demonstrates strong financial growth, maintains low liabilities, and notably reports 0% officer compensation, suggesting a high dedication of resources to its mission.
How has Meor Of Boston Inc's financial health changed over time?
Meor Of Boston Inc has shown significant financial improvement and growth. Revenue increased from $369,560 in 2020 to $834,984 in 2023, and assets grew from $136,371 to $666,060 in the same period, indicating robust financial health and increasing capacity.
What is Meor Of Boston Inc's approach to executive compensation?
Meor Of Boston Inc consistently reports 0% officer compensation in all available filings, including the latest period ending 202312. This indicates a highly efficient approach where no funds are directly allocated to executive salaries, or that leadership roles are filled by volunteers.
Filing History
IRS 990 filing history for Meor Of Boston Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Meor Of Boston Inc's revenue has grown by 113.5%, moving from $391K to $835K. Total assets increased by 488.3% over the same period, from $113K to $666K. Total functional expenses rose by 93.9%, from $378K to $733K. In its most recent filing year (2023), Meor Of Boston Inc reported a surplus of $101K, with revenue exceeding expenses. The organization holds $46K in liabilities against $666K in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $620K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $835K | $733K | $666K | $46K | — | — |
| 2022 | $756K | $476K | $575K | $56K | — | View 990 |
| 2021 | $559K | $457K | $260K | $22K | — | View 990 |
| 2020 | $370K | $353K | $136K | $42K | — | View 990 |
| 2019 | $397K | $423K | $86K | $9K | — | — |
| 2015 | $568K | $526K | $94K | $6K | — | View 990 |
| 2014 | $512K | $507K | $68K | $7K | — | View 990 |
| 2013 | $497K | $502K | $108K | $7K | — | View 990 |
| 2012 | $512K | $512K | $113K | $7K | — | View 990 |
| 2011 | $453K | $453K | $114K | $7K | — | View 990 |
| 2010 | $391K | $378K | $113K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $835K, expenses of $733K, and assets of $666K (revenue +10.4% year-over-year).
- 2022: Revenue of $756K, expenses of $476K, and assets of $575K (revenue +35.2% year-over-year).
- 2021: Revenue of $559K, expenses of $457K, and assets of $260K (revenue +51.3% year-over-year).
- 2020: Revenue of $370K, expenses of $353K, and assets of $136K (revenue -6.9% year-over-year).
- 2019: Revenue of $397K, expenses of $423K, and assets of $86K (revenue -30.2% year-over-year).
- 2015: Revenue of $568K, expenses of $526K, and assets of $94K (revenue +11.0% year-over-year).
- 2014: Revenue of $512K, expenses of $507K, and assets of $68K (revenue +3.0% year-over-year).
- 2013: Revenue of $497K, expenses of $502K, and assets of $108K (revenue -2.8% year-over-year).
- 2012: Revenue of $512K, expenses of $512K, and assets of $113K (revenue +12.8% year-over-year).
- 2011: Revenue of $453K, expenses of $453K, and assets of $114K (revenue +15.9% year-over-year).
- 2010: Revenue of $391K, expenses of $378K, and assets of $113K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Meor Of Boston Inc:
Data Sources and Methodology
This transparency report for Meor Of Boston 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.