New England Police Benevolent Association Inc
New England Police Benevolent Association Inc. shows consistent revenue but faces a significant increase in liabilities in its latest filing.
EIN: 203893125 · N Chelmsford, MA · NTEE: J40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $2.8M |
| Program Spending | 70% |
| Net Assets | $3.3M |
| Transparency Score | 65/100 |
Is New England Police Benevolent Association 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 Police Benevolent Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New England Police Benevolent Association Inc
New England Police Benevolent Association Inc (EIN: 203893125) is a nonprofit organization based in N Chelmsford, MA, classified under NTEE code J40. The organization reported total revenue of $3.1M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New England Police Benevolent Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New England Police Benevolent Association Inc is a mid-size nonprofit that has been operating for 10 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$55K |
| Total Assets | $3.3M |
| Total Liabilities | $3K |
| Net Assets | $3.3M |
| Operating Margin | 1.9% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 14.2 months |
Financial Health Grade: A
In 2023, New England Police Benevolent Association Inc reported a surplus of $55K with revenue exceeding expenses, holds 14.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), New England Police Benevolent Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.0% | +4.6% | +0.3% |
| 2022 | +15.1% | +-0.0% | +10.3% |
| 2021 | -0.9% | +2.0% | -39.4% |
| 2020 | -1.5% | +18.6% | +61.0% |
| 2019 | -6.7% | -0.5% | +14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2016 |
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 Police Benevolent Association 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, New England Police Benevolent Association Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. 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 $55K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a strong positive for minimizing overhead related to executive pay.
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 Police Benevolent Association Inc's IRS 990 filings:
- Dramatic increase in liabilities to $2,613,000 in 202312, significantly higher than previous years' minimal liabilities.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, hindering full assessment of spending efficiency.
Strengths
The following positive indicators were identified for New England Police Benevolent Association Inc:
- Consistent revenue generation, averaging over $2.5 million annually in recent years.
- Consistently reports 0% officer compensation, indicating no executive salaries or benefits.
- Positive net assets in most years, although the latest filing shows a significant increase in liabilities relative to assets.
Frequently Asked Questions about New England Police Benevolent Association Inc
Is New England Police Benevolent Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New England Police Benevolent Association Inc (EIN: 203893125) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does New England Police Benevolent Association Inc spend its money?
New England Police Benevolent Association Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New England Police Benevolent Association Inc tax-deductible?
New England Police Benevolent Association Inc is registered as a tax-exempt nonprofit (EIN: 203893125). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New England Police Benevolent Association Inc's spending goes to programs?
New England Police Benevolent Association Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does New England Police Benevolent Association Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), New England Police Benevolent Association Inc is above average for NTEE category J40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New England Police Benevolent Association Inc located?
New England Police Benevolent Association Inc is headquartered in N Chelmsford, Massachusetts and files with the IRS under EIN 203893125. It is classified under NTEE code J40.
How many years of IRS 990 filings does New England Police Benevolent Association Inc have?
New England Police Benevolent Association Inc has 12 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 $3.1M in total revenue.
What caused the dramatic increase in liabilities to $2,613,000 in the 202312 filing?
The provided data does not specify the nature of this liability, but it represents a significant change from prior years where liabilities were consistently below $80,000. This warrants further investigation into the organization's financial statements.
How does the organization allocate its expenses between program services, administration, and fundraising?
The provided summary data does not offer a detailed functional expense breakdown. While total expenses are reported, the specific percentages for programs, administration, and fundraising are not available, making it difficult to fully assess spending efficiency.
Given the high liabilities in 2023, what is the organization's plan for financial stability?
The data indicates a substantial increase in liabilities, which could impact financial stability. Without further information from the organization, it's unclear what strategies are in place to manage this debt.
Filing History
IRS 990 filing history for New England Police Benevolent Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), New England Police Benevolent Association Inc's revenue has grown by 32.8%, moving from $2.1M to $2.8M. Total assets increased by 595.5% over the same period, from $473K to $3.3M. Total functional expenses rose by 35.5%, from $2.0M to $2.8M. In its most recent filing year (2023), New England Police Benevolent Association Inc reported a surplus of $55K, with revenue exceeding expenses. The organization holds $3K in liabilities against $3.3M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.8M | $3.3M | $3K | — | View 990 |
| 2022 | $2.9M | $2.7M | $3.3M | $79K | — | View 990 |
| 2021 | $2.5M | $2.7M | $3.0M | $52K | — | View 990 |
| 2020 | $2.6M | $2.6M | $4.9M | $51K | — | View 990 |
| 2019 | $2.6M | $2.2M | $3.0M | $44K | — | — |
| 2018 | $2.8M | $2.2M | $2.7M | $48K | — | View 990 |
| 2017 | $2.6M | $2.0M | $2.0M | $13K | — | View 990 |
| 2016 | $2.5M | $1.9M | $1.5M | $9K | — | View 990 |
| 2015 | $2.3M | $2.0M | $985K | $0 | — | View 990 |
| 2014 | $2.2M | $1.8M | $0 | $0 | — | View 990 |
| 2013 | $2.2M | $2.0M | $539K | $59K | — | View 990 |
| 2012 | $2.1M | $2.0M | $473K | $189K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.8M, and assets of $3.3M (revenue -3.0% year-over-year).
- 2022: Revenue of $2.9M, expenses of $2.7M, and assets of $3.3M (revenue +15.1% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.7M, and assets of $3.0M (revenue -0.9% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.6M, and assets of $4.9M (revenue -1.5% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.2M, and assets of $3.0M (revenue -6.7% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.2M, and assets of $2.7M (revenue +8.0% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.0M, and assets of $2.0M (revenue +4.3% year-over-year).
- 2016: Revenue of $2.5M, expenses of $1.9M, and assets of $1.5M (revenue +8.2% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.0M, and assets of $985K (revenue +2.7% year-over-year).
- 2014: Revenue of $2.2M, expenses of $1.8M, and assets of $0 (revenue +2.0% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.0M, and assets of $539K (revenue +2.3% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.0M, and assets of $473K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New England Police Benevolent Association Inc:
Data Sources and Methodology
This transparency report for New England Police Benevolent Association 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.