New England Innocence Project

New England Innocence Project shows strong asset growth and zero reported officer compensation, despite a 2023 operating deficit.

EIN: 206187760 · Cambridge, MA · NTEE: I80 · Updated: 2026-03-28

$2.1MRevenue
$2.0MGross Revenue
$2.7MAssets
90/100Mission Score (Excellent)
I80
New England Innocence Project Financial Summary
MetricValue
Total Revenue$2.1M
Total Expenses$2.3M
Program Spending85%
Net Assets$2.5M
Transparency Score90/100

Is New England Innocence Project Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

New England Innocence Project directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About New England Innocence Project

New England Innocence Project (EIN: 206187760) is a nonprofit organization based in Cambridge, MA, classified under NTEE code I80. The organization reported total revenue of $2.1M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New England Innocence Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

New England Innocence Project is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.0M
Total Expenses$2.3M
Surplus / Deficit$-284,963
Total Assets$3.1M
Total Liabilities$659K
Net Assets$2.5M
Operating Margin-14.4%
Debt-to-Asset Ratio21.2%
Months of Reserves16.4 months

Financial Health Grade: B

In 2023, New England Innocence Project reported a deficit of $285K with expenses exceeding revenue, holds 16.4 months of operating reserves (strong position), has a debt-to-asset ratio of 21.2% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), New England Innocence Project's revenue has grown at a compound annual growth rate (CAGR) of 28.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-16.6%+27.0%-9.2%
2022+42.2%+45.6%+51.7%
2021+39.4%+48.7%+26.9%
2020+5.7%+23.2%+27.1%
2019+32.8%+131.3%+52.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The New England Innocence Project demonstrates a strong commitment to its mission, as evidenced by its consistent growth in revenue and assets over the past decade. While the organization experienced a deficit in 2023, with expenses exceeding revenue by $284,963, this follows several years of significant surpluses, suggesting a strategic investment or temporary fluctuation rather than a systemic issue. The organization's assets have grown substantially, from $253,746 in 2015 to $3,109,585 in 2023, indicating robust financial health and capacity to sustain operations. The organization's transparency is commendable, particularly with 0% reported officer compensation across all available filings, which suggests that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, or that the organization is very lean at the top. This practice, if it means volunteer leadership, can significantly reduce administrative overhead and direct more funds to programs. The consistent filing of IRS 990s over 13 periods further reinforces its commitment to public accountability. Overall, the New England Innocence Project appears to be a financially sound and efficiently managed organization, effectively growing its resources to support its program activities. The recent deficit warrants monitoring but does not immediately signal distress given the overall positive financial trajectory and asset base.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New England Innocence Project with a Mission Score of 90 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

According to IRS 990 filings, New England Innocence Project 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 (2023)

From the most recent IRS 990 filing on record:

$2.0MTotal Revenue
$2.3MTotal Expenses
$3.1MTotal Assets
$659KTotal Liabilities
$2.5MNet Assets

Executive Compensation Analysis

The New England Innocence Project consistently reports 0% officer compensation across all available filings, indicating that its top leadership may be volunteer-based or compensated through non-officer categories, which is highly efficient for a growing organization.

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 Innocence Project's IRS 990 filings:

Strengths

The following positive indicators were identified for New England Innocence Project:

Frequently Asked Questions about New England Innocence Project

Is New England Innocence Project a legitimate charity?

Based on AI analysis of IRS 990 filings, New England Innocence Project (EIN: 206187760) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

How does New England Innocence Project spend its money?

New England Innocence Project directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to New England Innocence Project tax-deductible?

New England Innocence Project is registered as a tax-exempt nonprofit (EIN: 206187760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of New England Innocence Project's spending goes to programs?

New England Innocence Project directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does New England Innocence Project compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), New England Innocence Project is above average for NTEE category I80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is New England Innocence Project located?

New England Innocence Project is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 206187760. It is classified under NTEE code I80.

How many years of IRS 990 filings does New England Innocence Project have?

New England Innocence Project 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 $2.1M in total revenue.

Is the New England Innocence Project financially stable?

Yes, despite a $284,963 deficit in 2023, the organization has significantly grown its assets from $253,746 in 2015 to $3,109,585 in 2023, indicating strong long-term financial health and capacity.

How does the organization manage executive compensation?

The organization reports 0% officer compensation in all available IRS 990 filings, suggesting a highly efficient model where top leadership may be volunteer or compensated through other means not classified as officer pay.

Has the organization been growing?

Yes, the organization has shown substantial growth, with revenue increasing from $134,693 in 2014 to $1,983,538 in 2023, and assets growing from $253,746 in 2015 to $3,109,585 in 2023.

Filing History

IRS 990 filing history for New England Innocence Project showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New England Innocence Project's revenue has grown by 1909.5%, moving from $99K to $2.0M. Total assets increased by 309% over the same period, from $760K to $3.1M. Total functional expenses rose by 918.1%, from $223K to $2.3M. In its most recent filing year (2023), New England Innocence Project reported a deficit of $285K, with expenses exceeding revenue. The organization holds $659K in liabilities against $3.1M in assets (debt-to-asset ratio: 21.2%), resulting in net assets of $2.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.0M $2.3M $3.1M $659K View 990
2022 $2.4M $1.8M $3.4M $641K
2021 $1.7M $1.2M $2.3M $66K View 990
2020 $1.2M $825K $1.8M $33K
2019 $1.1M $670K $1.4M $28K View 990
2018 $855K $290K $919K $13K View 990
2017 $431K $388K $398K $56K View 990
2016 $439K $393K $389K $94K View 990
2015 $138K $318K $254K $1K View 990
2014 $135K $347K $465K $0 View 990
2013 $226K $295K $711K $5K View 990
2012 $126K $224K $700K $5K View 990
2011 $99K $223K $760K $12K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for New England Innocence Project:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for New England Innocence Project 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.

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