Northeast Als Consortium Inc
EIN: 562547779 · Boston, MA · NTEE: H80
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.1M |
| Net Assets | $1.6M |
Is Northeast Als Consortium Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northeast Als Consortium Inc
Northeast Als Consortium Inc (EIN: 562547779) is a nonprofit organization based in Boston, MA, classified under NTEE code H80. The organization reported total revenue of $2.1M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeast Als Consortium Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northeast Als Consortium Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$514K |
| Total Assets | $1.6M |
| Total Liabilities | $47K |
| Net Assets | $1.6M |
| Operating Margin | 32.7% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 18.3 months |
Financial Health Grade: A
In 2023, Northeast Als Consortium Inc reported a surplus of $514K with revenue exceeding expenses, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northeast Als Consortium Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.7% | +18.3% | +47.7% |
| 2022 | +25.1% | +50.4% | +21.4% |
| 2021 | +43.9% | +21.8% | +52.3% |
| 2020 | -31.7% | -33.6% | +11.7% |
| 2019 | +96.9% | +49.8% | +55.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northeast Als Consortium 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 Northeast Als Consortium 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 $514K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Frequently Asked Questions about Northeast Als Consortium Inc
Is Northeast Als Consortium Inc a legitimate charity?
Northeast Als Consortium Inc (EIN: 562547779) is a registered tax-exempt nonprofit based in Massachusetts. It has 13 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. Financial health grade: A.
How does Northeast Als Consortium Inc spend its money?
Northeast Als Consortium Inc reported $2.1M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Northeast Als Consortium Inc tax-deductible?
Northeast Als Consortium Inc is registered as a tax-exempt nonprofit (EIN: 562547779). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northeast Als Consortium Inc located?
Northeast Als Consortium Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 562547779. It is classified under NTEE code H80.
How many years of IRS 990 filings does Northeast Als Consortium Inc have?
Northeast Als Consortium 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for Northeast Als Consortium Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northeast Als Consortium Inc's revenue has grown by 465.4%, moving from $278K to $1.6M. Total assets increased by 2638.8% over the same period, from $59K to $1.6M. Total functional expenses rose by 347.1%, from $236K to $1.1M. In its most recent filing year (2023), Northeast Als Consortium Inc reported a surplus of $514K, with revenue exceeding expenses. The organization holds $47K in liabilities against $1.6M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.1M | $1.6M | $47K | — | — |
| 2022 | $1.1M | $894K | $1.1M | $59K | — | View 990 |
| 2021 | $886K | $594K | $897K | $82K | — | View 990 |
| 2020 | $616K | $487K | $589K | $66K | — | View 990 |
| 2019 | $902K | $734K | $527K | $133K | — | View 990 |
| 2018 | $458K | $490K | $339K | $113K | — | View 990 |
| 2017 | $473K | $472K | $294K | $50K | — | View 990 |
| 2016 | $467K | $513K | $398K | $155K | — | View 990 |
| 2015 | $319K | $218K | $536K | $247K | — | View 990 |
| 2014 | $562K | $483K | $395K | $207K | — | View 990 |
| 2013 | $313K | $282K | $313K | $205K | — | View 990 |
| 2012 | $259K | $227K | $88K | $10K | — | View 990 |
| 2011 | $278K | $236K | $59K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.1M, and assets of $1.6M (revenue +41.7% year-over-year).
- 2022: Revenue of $1.1M, expenses of $894K, and assets of $1.1M (revenue +25.1% year-over-year).
- 2021: Revenue of $886K, expenses of $594K, and assets of $897K (revenue +43.9% year-over-year).
- 2020: Revenue of $616K, expenses of $487K, and assets of $589K (revenue -31.7% year-over-year).
- 2019: Revenue of $902K, expenses of $734K, and assets of $527K (revenue +96.9% year-over-year).
- 2018: Revenue of $458K, expenses of $490K, and assets of $339K (revenue -3.1% year-over-year).
- 2017: Revenue of $473K, expenses of $472K, and assets of $294K (revenue +1.4% year-over-year).
- 2016: Revenue of $467K, expenses of $513K, and assets of $398K (revenue +46.3% year-over-year).
- 2015: Revenue of $319K, expenses of $218K, and assets of $536K (revenue -43.3% year-over-year).
- 2014: Revenue of $562K, expenses of $483K, and assets of $395K (revenue +79.5% year-over-year).
- 2013: Revenue of $313K, expenses of $282K, and assets of $313K (revenue +20.8% year-over-year).
- 2012: Revenue of $259K, expenses of $227K, and assets of $88K (revenue -6.7% year-over-year).
- 2011: Revenue of $278K, expenses of $236K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northeast Als Consortium Inc:
Data Sources and Methodology
This transparency report for Northeast Als Consortium 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.