North Charles Mental Health Research And Training Foundation I
EIN: 237157222 · Cambridge, MA · NTEE: F00E
Is North Charles Mental Health Research And Training Foundation I Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About North Charles Mental Health Research And Training Foundation I
North Charles Mental Health Research And Training Foundation I (EIN: 237157222) is a nonprofit organization based in Cambridge, MA, classified under NTEE code F00E. The organization reported total revenue of $2.5M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Charles Mental Health Research And Training Foundation I's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Charles Mental Health Research And Training Foundation I is a mid-size nonprofit that has been operating for 54 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$345K |
| Total Assets | $1.9M |
| Total Liabilities | $581K |
| Net Assets | $1.3M |
| Operating Margin | 13.7% |
| Debt-to-Asset Ratio | 30.2% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2023, North Charles Mental Health Research And Training Foundation I reported a surplus of $345K with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 30.2% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), North Charles Mental Health Research And Training Foundation I's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.2% | -1.0% | +48.9% |
| 2022 | -10.5% | +1.7% | +35.3% |
| 2020 | +27.1% | -2.0% | +150.4% |
| 2019 | +2.0% | -0.5% | -10.2% |
| 2018 | -2.6% | -0.8% | -20.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2800 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Charles Mental Health Research And Training Foundation I has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates North Charles Mental Health Research And Training Foundation I with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $345K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.2%.
Frequently Asked Questions about North Charles Mental Health Research And Training Foundation I
Is North Charles Mental Health Research And Training Foundation I a legitimate charity?
Based on AI analysis of IRS 990 filings, North Charles Mental Health Research And Training Foundation I (EIN: 237157222) insufficient data. 0 red flags identified, 0 strengths noted.
How does North Charles Mental Health Research And Training Foundation I spend its money?
Detailed spending breakdown data is not yet available for North Charles Mental Health Research And Training Foundation I. Check back for updated IRS 990 analysis.
Are donations to North Charles Mental Health Research And Training Foundation I tax-deductible?
North Charles Mental Health Research And Training Foundation I is registered as a tax-exempt nonprofit (EIN: 237157222). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for North Charles Mental Health Research And Training Foundation I showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), North Charles Mental Health Research And Training Foundation I's revenue has declined by 11.4%, moving from $2.8M to $2.5M. Total assets increased by 131.1% over the same period, from $832K to $1.9M. Total functional expenses fell by 29%, from $3.1M to $2.2M. In its most recent filing year (2023), North Charles Mental Health Research And Training Foundation I reported a surplus of $345K, with revenue exceeding expenses. The organization holds $581K in liabilities against $1.9M in assets (debt-to-asset ratio: 30.2%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.2M | $1.9M | $581K | — | — |
| 2022 | $2.5M | $2.2M | $1.3M | $194K | — | View 990 |
| 2020 | $2.8M | $2.2M | $955K | $1.2M | — | View 990 |
| 2019 | $2.2M | $2.2M | $381K | $1.2M | — | View 990 |
| 2018 | $2.2M | $2.2M | $425K | $1.2M | — | View 990 |
| 2017 | $2.3M | $2.2M | $536K | $1.3M | — | View 990 |
| 2016 | $2.3M | $2.5M | $652K | $1.3M | — | View 990 |
| 2015 | $2.4M | $2.5M | $882K | $1.2M | — | View 990 |
| 2014 | $2.5M | $2.4M | $732K | $863K | — | View 990 |
| 2013 | $2.5M | $2.4M | $674K | $908K | — | View 990 |
| 2012 | $2.6M | $2.7M | $709K | $912K | — | View 990 |
| 2011 | $2.8M | $3.1M | $832K | $892K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.2M, and assets of $1.9M (revenue -1.2% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.2M, and assets of $1.3M (revenue -10.5% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.2M, and assets of $955K (revenue +27.1% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.2M, and assets of $381K (revenue +2.0% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.2M, and assets of $425K (revenue -2.6% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.2M, and assets of $536K (revenue +0.1% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.5M, and assets of $652K (revenue -5.3% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.5M, and assets of $882K (revenue -5.2% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.4M, and assets of $732K (revenue +1.9% year-over-year).
- 2013: Revenue of $2.5M, expenses of $2.4M, and assets of $674K (revenue -3.5% year-over-year).
- 2012: Revenue of $2.6M, expenses of $2.7M, and assets of $709K (revenue -10.1% year-over-year).
- 2011: Revenue of $2.8M, expenses of $3.1M, and assets of $832K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Charles Mental Health Research And Training Foundation I:
Data Sources and Methodology
This transparency report for North Charles Mental Health Research And Training Foundation I 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.