North Shore Health Project Inc
North Shore Health Project: Strong Growth, Transparency Gaps
EIN: 222978638 · Gloucester, MA · Updated: 2026-04-04
Is North Shore Health Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Shore Health Project Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Shore Health Project Inc
North Shore Health Project Inc (EIN: 222978638) is a nonprofit organization based in Gloucester, MA. The organization reported total revenue of $1.2M and total assets of $869K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Shore Health Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates North Shore Health Project Inc with a Mission Score of 85 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
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, North Shore Health Project Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the available data, making a specific assessment difficult without further filings.
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 North Shore Health Project Inc's IRS 990 filings:
- Lack of detailed executive compensation disclosure.
- No clear public statement on program efficacy or impact metrics.
Strengths
The following positive indicators were identified for North Shore Health Project Inc:
- Consistent revenue growth over the past five years, from $543,897 in 2020 to $1,365,082 in 2024.
- Healthy asset growth, increasing from $221,058 in 2020 to $1,050,809 in 2024.
- Low liability-to-asset ratio, indicating strong financial stability.
Frequently Asked Questions about North Shore Health Project Inc
Is North Shore Health Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Shore Health Project Inc (EIN: 222978638) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does North Shore Health Project Inc spend its money?
North Shore Health Project Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Shore Health Project Inc tax-deductible?
North Shore Health Project Inc is registered as a tax-exempt nonprofit (EIN: 222978638). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does North Shore Health Project Inc do?
North Shore Health Project Inc is a nonprofit organization in the Unknown sector, located in Gloucester, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does North Shore Health Project Inc have?
North Shore Health Project Inc reported total revenue of $1,236,395. Based on 13 IRS 990 filings on record.
What are North Shore Health Project Inc's total assets?
North Shore Health Project Inc holds total assets of $869,184 as reported in IRS 990 filings.
Where is North Shore Health Project Inc located?
North Shore Health Project Inc is based in Gloucester, Massachusetts.
What is North Shore Health Project Inc's EIN?
North Shore Health Project Inc's Employer Identification Number (EIN) is 222978638. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is North Shore Health Project Inc?
North Shore Health Project Inc is classified under NTEE code Unknown (Unknown).
Is North Shore Health Project Inc a registered 501(c)(3)?
North Shore Health Project Inc appears in IRS records (EIN: 222978638). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does North Shore Health Project Inc file IRS Form 990?
Yes, North Shore Health Project Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was North Shore Health Project Inc's revenue in 2024?
In the 202406 filing period, North Shore Health Project Inc reported total revenue of $1,365,082, total expenses of $1,368,527, and net assets of $1,050,809.
Is North Shore Health Project Inc's revenue growing or declining?
North Shore Health Project Inc's revenue is growing. Revenue went from $1,085,497 (202306) to $1,365,082 (202406), a +25.8% change. Based on 13 filings on record.
What is North Shore Health Project Inc's most recent 990 filing?
The most recent IRS Form 990 filing for North Shore Health Project Inc covers tax period 202406. It shows revenue of $1,365,082, expenses of $1,368,527, total assets of $1,050,809, and liabilities of $873,847.
How much does North Shore Health Project Inc spend on programs vs administration?
Based on IRS 990 analysis, North Shore Health Project Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is North Shore Health Project Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, North Shore Health Project Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for North Shore Health Project Inc?
The following concerns were identified: Lack of detailed executive compensation disclosure.. No clear public statement on program efficacy or impact metrics.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are North Shore Health Project Inc's strengths?
Positive indicators for North Shore Health Project Inc include: Consistent revenue growth over the past five years, from $543,897 in 2020 to $1,365,082 in 2024.. Healthy asset growth, increasing from $221,058 in 2020 to $1,050,809 in 2024.. Low liability-to-asset ratio, indicating strong financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does North Shore Health Project Inc compensate executives?
Executive compensation details are not explicitly provided in the available data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant increase in revenue and assets, how has the organization scaled its program delivery and impact to match this growth?
While financial growth is evident, the available data does not detail how program reach or specific outcomes have expanded in proportion to the increased resources. Further program-specific reporting would be beneficial.
Filing History
IRS 990 filing history for North Shore Health Project Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), North Shore Health Project Inc's revenue has grown by 245.2%, moving from $395K to $1.4M. Total assets increased by 467.7% over the same period, from $185K to $1.1M. Total functional expenses rose by 243.4%, from $398K to $1.4M. In its most recent filing year (2024), North Shore Health Project Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $874K in liabilities against $1.1M in assets (debt-to-asset ratio: 83.2%), resulting in net assets of $177K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $1.4M | $1.4M | $1.1M | $874K | — | View 990 |
| 2023 | $1.1M | $1.0M | $409K | $231K | — | View 990 |
| 2022 | $734K | $772K | $365K | $236K | — | View 990 |
| 2021 | $599K | $576K | $359K | $186K | — | View 990 |
| 2020 | $544K | $552K | $221K | $76K | — | View 990 |
| 2019 | $518K | $506K | $222K | $69K | — | View 990 |
| 2018 | $522K | $480K | $2.4M | $2.2M | — | View 990 |
| 2017 | $527K | $454K | $192K | $66K | — | View 990 |
| 2016 | $323K | $383K | $114K | $60K | — | View 990 |
| 2015 | $369K | $379K | $160K | $45K | — | View 990 |
| 2014 | $309K | $357K | $148K | $24K | — | View 990 |
| 2013 | $361K | $357K | $190K | $18K | — | View 990 |
| 2012 | $395K | $398K | $185K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.4M, expenses of $1.4M, and assets of $1.1M (revenue +25.8% year-over-year).
- 2023: Revenue of $1.1M, expenses of $1.0M, and assets of $409K (revenue +47.9% year-over-year).
- 2022: Revenue of $734K, expenses of $772K, and assets of $365K (revenue +22.4% year-over-year).
- 2021: Revenue of $599K, expenses of $576K, and assets of $359K (revenue +10.2% year-over-year).
- 2020: Revenue of $544K, expenses of $552K, and assets of $221K (revenue +5.0% year-over-year).
- 2019: Revenue of $518K, expenses of $506K, and assets of $222K (revenue -0.8% year-over-year).
- 2018: Revenue of $522K, expenses of $480K, and assets of $2.4M (revenue -0.9% year-over-year).
- 2017: Revenue of $527K, expenses of $454K, and assets of $192K (revenue +63.2% year-over-year).
- 2016: Revenue of $323K, expenses of $383K, and assets of $114K (revenue -12.5% year-over-year).
- 2015: Revenue of $369K, expenses of $379K, and assets of $160K (revenue +19.4% year-over-year).
- 2014: Revenue of $309K, expenses of $357K, and assets of $148K (revenue -14.4% year-over-year).
- 2013: Revenue of $361K, expenses of $357K, and assets of $190K (revenue -8.6% year-over-year).
- 2012: Revenue of $395K, expenses of $398K, and assets of $185K.
Data Sources and Methodology
This transparency report for North Shore Health Project 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.