New England Aftercare Ministries Inc
New England Aftercare Ministries: Consistent Revenue, High Liabilities
EIN: 222581896 · Framingham, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.6M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $780K |
| Transparency Score | 75/100 |
Is New England Aftercare Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New England Aftercare Ministries Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New England Aftercare Ministries Inc
New England Aftercare Ministries Inc (EIN: 222581896) is a nonprofit organization based in Framingham, MA. The organization reported total revenue of $1.4M and total assets of $658K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New England Aftercare Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New England Aftercare Ministries Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$114K |
| Total Assets | $1.2M |
| Total Liabilities | $386K |
| Net Assets | $780K |
| Operating Margin | 6.5% |
| Debt-to-Asset Ratio | 33.1% |
| Months of Reserves | 8.6 months |
Financial Health Grade: A
In 2023, New England Aftercare Ministries Inc reported a surplus of $114K with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 33.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New England Aftercare Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.8% | +8.6% | +10.4% |
| 2022 | -11.7% | +6.9% | -5.6% |
| 2021 | +13.3% | +2.8% | +11.2% |
| 2020 | +25.3% | +7.2% | +29.3% |
| 2019 | -10.9% | -2.3% | -13.0% |
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 New England Aftercare Ministries 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, New England Aftercare Ministries Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $114K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.1%.
Executive Compensation Analysis
The filings consistently report $0 for officer, director, trustee, and key employee compensation, which is a notable and potentially misleading figure given the organization's operational scale.
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 New England Aftercare Ministries Inc's IRS 990 filings:
- Consistent reporting of $0 for all compensation categories (officer, director, trustee, key employee) across multiple years, despite significant revenue and expenses, raises questions about how leadership is compensated or if services are entirely volunteer-run without any paid staff.
- High and fluctuating liabilities, reaching $567,111 in 2020, suggest potential financial instability or significant debt management challenges.
- The 'nt' (nonprofit type) is unknown, which limits understanding of its specific mission and regulatory context.
Strengths
The following positive indicators were identified for New England Aftercare Ministries Inc:
- Consistent revenue generation, with annual revenues generally above $1.1 million since 2017, indicates a stable funding base.
- Assets have shown growth, from $681,385 in 2016 to $1,166,611 in 2023, demonstrating an increase in organizational resources.
Frequently Asked Questions about New England Aftercare Ministries Inc
Is New England Aftercare Ministries Inc a legitimate charity?
New England Aftercare Ministries Inc (EIN: 222581896) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.4M. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does New England Aftercare Ministries Inc spend its money?
New England Aftercare Ministries Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to New England Aftercare Ministries Inc tax-deductible?
New England Aftercare Ministries Inc is registered as a tax-exempt nonprofit (EIN: 222581896). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New England Aftercare Ministries Inc CEO make?
New England Aftercare Ministries Inc's highest-compensated officer earns $0 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New England Aftercare Ministries Inc's spending goes to programs?
New England Aftercare Ministries Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is New England Aftercare Ministries Inc located?
New England Aftercare Ministries Inc is headquartered in Framingham, Massachusetts and files with the IRS under EIN 222581896.
How many years of IRS 990 filings does New England Aftercare Ministries Inc have?
New England Aftercare Ministries 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 $1.4M in total revenue.
What does New England Aftercare Ministries Inc do?
New England Aftercare Ministries Inc is a nonprofit organization in the Unknown sector, located in Framingham, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does New England Aftercare Ministries Inc have?
New England Aftercare Ministries Inc reported total revenue of $1,449,826. Based on 13 IRS 990 filings on record.
What are New England Aftercare Ministries Inc's total assets?
New England Aftercare Ministries Inc holds total assets of $657,787 as reported in IRS 990 filings.
Where is New England Aftercare Ministries Inc located?
New England Aftercare Ministries Inc is based in Framingham, Massachusetts.
What is New England Aftercare Ministries Inc's EIN?
New England Aftercare Ministries Inc's Employer Identification Number (EIN) is 222581896. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New England Aftercare Ministries Inc?
New England Aftercare Ministries Inc is classified under NTEE code Unknown (Unknown).
Is New England Aftercare Ministries Inc a registered 501(c)(3)?
New England Aftercare Ministries Inc appears in IRS records (EIN: 222581896). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New England Aftercare Ministries Inc file IRS Form 990?
Yes, New England Aftercare Ministries Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was New England Aftercare Ministries Inc's revenue in 2023?
In the 202306 filing period, New England Aftercare Ministries Inc reported total revenue of $1,745,759, total expenses of $1,631,819, and net assets of $1,166,611.
Is New England Aftercare Ministries Inc's revenue growing or declining?
New England Aftercare Ministries Inc's revenue is growing. Revenue went from $1,469,558 (202206) to $1,745,759 (202306), a +18.8% change. Based on 13 filings on record.
What is New England Aftercare Ministries Inc's most recent 990 filing?
The most recent IRS Form 990 filing for New England Aftercare Ministries Inc covers tax period 202306. It shows revenue of $1,745,759, expenses of $1,631,819, total assets of $1,166,611, and liabilities of $386,230.
How much does New England Aftercare Ministries Inc spend on programs vs administration?
Based on IRS 990 analysis, New England Aftercare Ministries Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is New England Aftercare Ministries Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, New England Aftercare Ministries Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for New England Aftercare Ministries Inc?
The following concerns were identified: Consistent reporting of $0 for all compensation categories (officer, director, trustee, key employee) across multiple years, despite significant revenue and expenses, raises questions about how leadership is compensated or if services are entirely volunteer-run without any paid staff.. High and fluctuating liabilities, reaching $567,111 in 2020, suggest potential financial instability or significant debt management challenges.. The 'nt' (nonprofit type) is unknown, which limits understanding of its specific mission and regulatory context.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New England Aftercare Ministries Inc's strengths?
Positive indicators for New England Aftercare Ministries Inc include: Consistent revenue generation, with annual revenues generally above $1.1 million since 2017, indicates a stable funding base.. Assets have shown growth, from $681,385 in 2016 to $1,166,611 in 2023, demonstrating an increase in organizational resources.. These findings are derived from AI analysis of the organization's financial filings.
How does New England Aftercare Ministries Inc compensate executives?
The filings consistently report $0 for officer, director, trustee, and key employee compensation, which is a notable and potentially misleading figure given the organization's operational scale. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for all compensation categories, how does New England Aftercare Ministries Inc. manage its operations and leadership, and what is the actual compensation structure for its key personnel?
The filings indicate no paid compensation for officers, directors, trustees, or key employees. This suggests either an entirely volunteer-led organization, or that compensation is structured in a way not captured by this specific line item (e.g., through a related entity, or as contractor fees not classified as employee compensation), which warrants further investigation.
What is the nature of the consistently high liabilities, and how does the organization plan to manage or reduce them to improve its financial health?
The filings show liabilities ranging from $254,107 to $567,111. Without more detailed financial statements, the specific nature (e.g., mortgages, program-related debt, operational loans) is unclear. Effective management of these liabilities is crucial for long-term financial stability.
Filing History
IRS 990 filing history for New England Aftercare Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New England Aftercare Ministries Inc's revenue has grown by 145.6%, moving from $711K to $1.7M. Total assets increased by 102.5% over the same period, from $576K to $1.2M. Total functional expenses rose by 87%, from $873K to $1.6M. In its most recent filing year (2023), New England Aftercare Ministries Inc reported a surplus of $114K, with revenue exceeding expenses. The organization holds $386K in liabilities against $1.2M in assets (debt-to-asset ratio: 33.1%), resulting in net assets of $780K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.6M | $1.2M | $386K | — | — |
| 2022 | $1.5M | $1.5M | $1.1M | $391K | — | View 990 |
| 2021 | $1.7M | $1.4M | $1.1M | $420K | — | — |
| 2020 | $1.5M | $1.4M | $1.0M | $567K | — | View 990 |
| 2019 | $1.2M | $1.3M | $779K | $440K | — | View 990 |
| 2018 | $1.3M | $1.3M | $895K | $452K | — | View 990 |
| 2017 | $1.3M | $1.3M | $883K | $450K | — | View 990 |
| 2016 | $1.2M | $1.1M | $681K | $254K | — | View 990 |
| 2015 | $921K | $886K | $545K | $235K | — | View 990 |
| 2014 | $831K | $815K | $523K | $248K | — | View 990 |
| 2013 | $790K | $743K | $514K | $255K | — | View 990 |
| 2012 | $511K | $583K | $534K | $322K | — | View 990 |
| 2011 | $711K | $873K | $576K | $292K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.6M, and assets of $1.2M (revenue +18.8% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $1.1M (revenue -11.7% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.4M, and assets of $1.1M (revenue +13.3% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.4M, and assets of $1.0M (revenue +25.3% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $779K (revenue -10.9% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $895K (revenue +0.9% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $883K (revenue +9.4% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $681K (revenue +29.3% year-over-year).
- 2015: Revenue of $921K, expenses of $886K, and assets of $545K (revenue +10.8% year-over-year).
- 2014: Revenue of $831K, expenses of $815K, and assets of $523K (revenue +5.2% year-over-year).
- 2013: Revenue of $790K, expenses of $743K, and assets of $514K (revenue +54.6% year-over-year).
- 2012: Revenue of $511K, expenses of $583K, and assets of $534K (revenue -28.1% year-over-year).
- 2011: Revenue of $711K, expenses of $873K, and assets of $576K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New England Aftercare Ministries Inc:
Data Sources and Methodology
This transparency report for New England Aftercare Ministries 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.