North Cottage Program Inc
EIN: 237068260 · Norton, MA
| Metric | Value |
|---|---|
| Total Revenue | $11.5M |
| Total Expenses | $8.7M |
| Net Assets | $9.7M |
Is North Cottage Program Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About North Cottage Program Inc
North Cottage Program Inc (EIN: 237068260) is a nonprofit organization based in Norton, MA. The organization reported total revenue of $11.5M and total assets of $15.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Cottage Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Cottage Program Inc is a large nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.7M |
| Total Expenses | $8.7M |
| Surplus / Deficit | +$935K |
| Total Assets | $14.2M |
| Total Liabilities | $4.5M |
| Net Assets | $9.7M |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 31.4% |
| Months of Reserves | 19.5 months |
Financial Health Grade: A
In 2023, North Cottage Program Inc reported a surplus of $935K with revenue exceeding expenses, holds 19.5 months of operating reserves (strong position), has a debt-to-asset ratio of 31.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), North Cottage Program Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.6% | +11.7% | +11.0% |
| 2022 | +25.6% | +7.4% | +10.7% |
| 2021 | +7.8% | +0.8% | +4.5% |
| 2020 | -1.3% | +11.7% | +14.5% |
| 2019 | +22.1% | +8.4% | +12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Cottage Program Inc 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 Cottage Program Inc 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 $935K, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.4%.
Frequently Asked Questions about North Cottage Program Inc
Is North Cottage Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Cottage Program Inc (EIN: 237068260) insufficient data. 0 red flags identified, 0 strengths noted.
How does North Cottage Program Inc spend its money?
Detailed spending breakdown data is not yet available for North Cottage Program Inc. Check back for updated IRS 990 analysis.
Are donations to North Cottage Program Inc tax-deductible?
North Cottage Program Inc is registered as a tax-exempt nonprofit (EIN: 237068260). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is North Cottage Program Inc located?
North Cottage Program Inc is headquartered in Norton, Massachusetts and files with the IRS under EIN 237068260.
How many years of IRS 990 filings does North Cottage Program Inc have?
North Cottage Program 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 $11.5M in total revenue.
Filing History
IRS 990 filing history for North Cottage Program Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North Cottage Program Inc's revenue has grown by 177.7%, moving from $3.5M to $9.7M. Total assets increased by 163% over the same period, from $5.4M to $14.2M. Total functional expenses rose by 158.3%, from $3.4M to $8.7M. In its most recent filing year (2023), North Cottage Program Inc reported a surplus of $935K, with revenue exceeding expenses. The organization holds $4.5M in liabilities against $14.2M in assets (debt-to-asset ratio: 31.4%), resulting in net assets of $9.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.7M | $8.7M | $14.2M | $4.5M | — | View 990 |
| 2022 | $10.4M | $7.8M | $12.8M | $4.1M | — | View 990 |
| 2021 | $8.2M | $7.3M | $11.6M | $5.3M | — | View 990 |
| 2020 | $7.6M | $7.2M | $11.1M | $5.8M | — | View 990 |
| 2019 | $7.7M | $6.5M | $9.7M | $4.8M | — | View 990 |
| 2018 | $6.3M | $6.0M | $8.6M | $5.0M | — | View 990 |
| 2017 | $6.1M | $5.9M | $8.3M | $5.2M | — | View 990 |
| 2016 | $5.9M | $5.4M | $8.2M | $5.5M | — | View 990 |
| 2015 | $4.7M | $4.6M | $7.4M | $5.5M | — | View 990 |
| 2014 | $4.6M | $4.1M | $7.3M | $5.5M | — | View 990 |
| 2013 | $4.0M | $3.9M | $5.6M | $4.1M | — | View 990 |
| 2012 | $3.5M | $3.4M | $5.4M | $4.2M | — | View 990 |
| 2011 | $3.5M | $3.4M | $5.4M | $4.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.7M, expenses of $8.7M, and assets of $14.2M (revenue -6.6% year-over-year).
- 2022: Revenue of $10.4M, expenses of $7.8M, and assets of $12.8M (revenue +25.6% year-over-year).
- 2021: Revenue of $8.2M, expenses of $7.3M, and assets of $11.6M (revenue +7.8% year-over-year).
- 2020: Revenue of $7.6M, expenses of $7.2M, and assets of $11.1M (revenue -1.3% year-over-year).
- 2019: Revenue of $7.7M, expenses of $6.5M, and assets of $9.7M (revenue +22.1% year-over-year).
- 2018: Revenue of $6.3M, expenses of $6.0M, and assets of $8.6M (revenue +3.2% year-over-year).
- 2017: Revenue of $6.1M, expenses of $5.9M, and assets of $8.3M (revenue +3.9% year-over-year).
- 2016: Revenue of $5.9M, expenses of $5.4M, and assets of $8.2M (revenue +25.5% year-over-year).
- 2015: Revenue of $4.7M, expenses of $4.6M, and assets of $7.4M (revenue +2.4% year-over-year).
- 2014: Revenue of $4.6M, expenses of $4.1M, and assets of $7.3M (revenue +14.6% year-over-year).
- 2013: Revenue of $4.0M, expenses of $3.9M, and assets of $5.6M (revenue +16.1% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.4M, and assets of $5.4M (revenue -0.7% year-over-year).
- 2011: Revenue of $3.5M, expenses of $3.4M, and assets of $5.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Cottage Program Inc:
Data Sources and Methodology
This transparency report for North Cottage Program 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.