Merrimack Valley Community Service Corp Inc
Merrimack Valley Community Service Corp Inc consistently operates on tight margins with no reported officer compensation.
EIN: 20697834 · Lawrence, MA · NTEE: T40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $380K |
| Total Expenses | $403K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $379,510 |
| Net Assets | $14K |
| Transparency Score | 75/100 |
Is Merrimack Valley Community Service Corp Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Merrimack Valley Community Service Corp Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Merrimack Valley Community Service Corp Inc
Merrimack Valley Community Service Corp Inc (EIN: 20697834) is a nonprofit organization based in Lawrence, MA, classified under NTEE code T40. The organization reported total revenue of $380K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Merrimack Valley Community Service Corp Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Merrimack Valley Community Service Corp Inc is a small nonprofit that has been operating for 23 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $380K |
| Total Expenses | $403K |
| Surplus / Deficit | $-23,938 |
| Total Assets | $19K |
| Total Liabilities | $4K |
| Net Assets | $14K |
| Operating Margin | -6.3% |
| Debt-to-Asset Ratio | 23.0% |
| Months of Reserves | 0.6 months |
Financial Health Grade: C
In 2018, Merrimack Valley Community Service Corp Inc reported a deficit of $24K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 23.0% (moderate leverage).
Financial Trends
Over 8 years of filings (2011–2018), Merrimack Valley Community Service Corp Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +10.5% | -2.0% | -58.7% |
| 2017 | -22.8% | -3.0% | +2.4% |
| 2016 | +7.5% | +2.2% | +79.7% |
| 2015 | -11.2% | -9.6% | -8.3% |
| 2014 | +22.8% | -0.5% | +12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Merrimack Valley Community Service Corp Inc with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Merrimack Valley Community Service Corp Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through means not classified as officer compensation, which is a strong positive for an organization of its size ($379,510 latest revenue) as it suggests resources are not being diverted to high executive 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 Merrimack Valley Community Service Corp Inc's IRS 990 filings:
- Low asset base relative to annual expenses ($18,582 assets vs. $403,448 expenses in 2018), indicating limited financial reserves.
- Occasional operating deficits (e.g., 2018, 2017, 2015, 2014, 2013, 2012), where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Merrimack Valley Community Service Corp Inc:
- Consistent 0% officer compensation reported across all filings, suggesting efficient use of funds.
- Long history of consistent IRS 990 filings (8 filings), demonstrating transparency and compliance.
- Stable operational history over eight years, indicating resilience despite tight margins.
Frequently Asked Questions about Merrimack Valley Community Service Corp Inc
Is Merrimack Valley Community Service Corp Inc a legitimate charity?
Merrimack Valley Community Service Corp Inc (EIN: 20697834) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 75/100. It has 8 years of IRS 990 filings on record. Total revenue: $380K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Merrimack Valley Community Service Corp Inc spend its money?
Merrimack Valley Community Service Corp Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Merrimack Valley Community Service Corp Inc tax-deductible?
Merrimack Valley Community Service Corp Inc is registered as a tax-exempt nonprofit (EIN: 20697834). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Merrimack Valley Community Service Corp Inc CEO make?
Merrimack Valley Community Service Corp Inc's highest-compensated officer earns $379,510 annually. The organization reported $380K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Merrimack Valley Community Service Corp Inc's spending goes to programs?
Merrimack Valley Community Service Corp Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Merrimack Valley Community Service Corp Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Merrimack Valley Community Service Corp Inc is above average for NTEE category T40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Merrimack Valley Community Service Corp Inc located?
Merrimack Valley Community Service Corp Inc is headquartered in Lawrence, Massachusetts and files with the IRS under EIN 20697834. It is classified under NTEE code T40.
How many years of IRS 990 filings does Merrimack Valley Community Service Corp Inc have?
Merrimack Valley Community Service Corp 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 $380K in total revenue.
Is Merrimack Valley Community Service Corp Inc financially stable?
The organization operates on tight margins, with revenues and expenses often closely matched, and occasional deficits (e.g., 2018 expenses of $403,448 against revenue of $379,510). Its asset base is relatively low ($18,582 in 2018), suggesting limited financial reserves, but it has maintained operations consistently over eight years.
How does Merrimack Valley Community Service Corp Inc manage executive compensation?
Merrimack Valley Community Service Corp Inc reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to officers or that they are compensated in a manner not reported as officer compensation.
What is the trend in Merrimack Valley Community Service Corp Inc's revenue and expenses?
Revenue and expenses have generally fluctuated between approximately $340,000 and $470,000 over the past eight years, showing a relatively consistent operational scale without significant growth or decline.
Filing History
IRS 990 filing history for Merrimack Valley Community Service Corp Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Merrimack Valley Community Service Corp Inc's revenue has declined by 4.8%, moving from $398K to $380K. Total assets increased by 5.7% over the same period, from $18K to $19K. Total functional expenses rose by 5%, from $384K to $403K. In its most recent filing year (2018), Merrimack Valley Community Service Corp Inc reported a deficit of $24K, with expenses exceeding revenue. The organization holds $4K in liabilities against $19K in assets (debt-to-asset ratio: 23.0%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $380K | $403K | $19K | $4K | — | View 990 |
| 2017 | $343K | $412K | $45K | $7K | — | — |
| 2016 | $445K | $425K | $44K | $5K | — | View 990 |
| 2015 | $414K | $416K | $24K | $6K | — | View 990 |
| 2014 | $466K | $459K | $27K | $6K | — | View 990 |
| 2013 | $380K | $462K | $24K | $10K | — | View 990 |
| 2012 | $367K | $368K | $11K | $5K | — | View 990 |
| 2011 | $398K | $384K | $18K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $380K, expenses of $403K, and assets of $19K (revenue +10.5% year-over-year).
- 2017: Revenue of $343K, expenses of $412K, and assets of $45K (revenue -22.8% year-over-year).
- 2016: Revenue of $445K, expenses of $425K, and assets of $44K (revenue +7.5% year-over-year).
- 2015: Revenue of $414K, expenses of $416K, and assets of $24K (revenue -11.2% year-over-year).
- 2014: Revenue of $466K, expenses of $459K, and assets of $27K (revenue +22.8% year-over-year).
- 2013: Revenue of $380K, expenses of $462K, and assets of $24K (revenue +3.3% year-over-year).
- 2012: Revenue of $367K, expenses of $368K, and assets of $11K (revenue -7.8% year-over-year).
- 2011: Revenue of $398K, expenses of $384K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Merrimack Valley Community Service Corp Inc:
Data Sources and Methodology
This transparency report for Merrimack Valley Community Service Corp 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.