Northeast Home Energy Rating System Alliance Inc

Northeast Home Energy Rating System Alliance Inc. maintains stable finances with no officer compensation and consistent asset levels.

EIN: 203100953 · Florence, MA · NTEE: S41 · Updated: 2026-03-28

$495KRevenue

$103KAssets

90/100Mission Score (Excellent)

S41

About Northeast Home Energy Rating System Alliance Inc

Northeast Home Energy Rating System Alliance Inc (EIN: 203100953) is a nonprofit organization based in Florence, MA, classified under NTEE code S41. The organization reported total revenue of $495K and total assets of $103K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeast Home Energy Rating System Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Northeast Home Energy Rating System Alliance Inc. demonstrates consistent financial stability, operating with a lean structure and maintaining positive asset balances over the past decade. The organization's revenue has fluctuated, with a notable increase in the latest reported period (202312) to $170,220, though expenses slightly exceeded revenue in that year. Historically, the organization has managed its finances prudently, often operating with a surplus or a minor deficit, indicating careful stewardship of funds. Their consistent reporting and zero liabilities across all filings suggest a high degree of financial transparency and responsible management.

The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation, which indicates that leadership is either volunteer-based or compensated through other means not classified as officer compensation, contributing to lower overhead. While a detailed breakdown of program vs. administrative spending isn't explicitly provided in the summary data, the overall financial picture suggests a focus on mission delivery given the modest operational scale and consistent asset levels. The organization's assets have generally remained stable, fluctuating around the $100,000 mark, which is appropriate for its revenue size.

Overall, Northeast Home Energy Rating System Alliance Inc. appears to be a well-managed and transparent organization. Their consistent filing history, lack of liabilities, and absence of officer compensation point to a commitment to maximizing resources for their stated mission. The slight deficit in the most recent two years (202312 and 202212) warrants monitoring but is not a significant concern given the overall financial health and asset base.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Northeast Home Energy Rating System Alliance Inc with a Mission Score of 90 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Northeast Home Energy Rating System Alliance Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with annual revenues typically under $200,000.

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.

Strengths

The following positive indicators were identified for Northeast Home Energy Rating System Alliance Inc:

Consistent 0% officer compensation, indicating high efficiency and volunteer leadership.
No reported liabilities across all filings, demonstrating strong financial management and solvency.
Stable asset base (e.g., $115,897 in 202312) relative to its operational size, providing financial security.
Consistent IRS 990 filing history (13 filings), indicating strong transparency and compliance.
Revenue growth in recent years, from $81,058 in 202012 to $170,220 in 202312, suggesting increasing support for its mission.

Frequently Asked Questions about Northeast Home Energy Rating System Alliance Inc

Is Northeast Home Energy Rating System Alliance Inc. a good charity?

Based on the provided financial data, Northeast Home Energy Rating System Alliance Inc. appears to be a very good charity. It consistently reports 0% officer compensation, maintains stable assets (e.g., $115,897 in 202312), and has no reported liabilities, indicating strong financial health and efficient use of funds.

How has the organization's revenue trended over time?

The organization's revenue has fluctuated but shown an upward trend in recent years, from $81,058 in 202012 to $170,220 in 202312, demonstrating growth in its financial capacity.

Does the organization have any debt?

No, the organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating it operates debt-free.

Filing History

IRS 990 filing history for Northeast Home Energy Rating System Alliance Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Northeast Home Energy Rating System Alliance Inc's revenue has grown by 38.6%, moving from $123K to $170K. Total assets increased by 356.3% over the same period, from $25K to $116K. Total functional expenses rose by 18.6%, from $147K to $174K. In its most recent filing year (2023), Northeast Home Energy Rating System Alliance Inc reported a deficit of $4K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$170K	$174K	$116K	$0	—	View 990
2022	$131K	$147K	$120K	$0	—	—
2021	$123K	$80K	$136K	$0	—	View 990
2020	$81K	$105K	$93K	$0	—	View 990
2019	$133K	$111K	$117K	$0	—	View 990
2018	$93K	$105K	$94K	$0	—	View 990
2017	$119K	$104K	$106K	$0	—	View 990
2016	$59K	$52K	$91K	$0	—	View 990
2015	$73K	$69K	$83K	$0	—	View 990
2014	$119K	$114K	$80K	$0	—	View 990
2013	$99K	$61K	$75K	$0	—	View 990
2012	$121K	$108K	$38K	$0	—	View 990
2011	$123K	$147K	$25K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $170K, expenses of $174K, and assets of $116K (revenue +30.1% year-over-year).
2022: Revenue of $131K, expenses of $147K, and assets of $120K (revenue +6.6% year-over-year).
2021: Revenue of $123K, expenses of $80K, and assets of $136K (revenue +51.4% year-over-year).
2020: Revenue of $81K, expenses of $105K, and assets of $93K (revenue -39.1% year-over-year).
2019: Revenue of $133K, expenses of $111K, and assets of $117K (revenue +43.0% year-over-year).
2018: Revenue of $93K, expenses of $105K, and assets of $94K (revenue -22.0% year-over-year).
2017: Revenue of $119K, expenses of $104K, and assets of $106K (revenue +102.7% year-over-year).
2016: Revenue of $59K, expenses of $52K, and assets of $91K (revenue -19.4% year-over-year).
2015: Revenue of $73K, expenses of $69K, and assets of $83K (revenue -38.4% year-over-year).
2014: Revenue of $119K, expenses of $114K, and assets of $80K (revenue +19.8% year-over-year).
2013: Revenue of $99K, expenses of $61K, and assets of $75K (revenue -17.8% year-over-year).
2012: Revenue of $121K, expenses of $108K, and assets of $38K (revenue -1.8% year-over-year).
2011: Revenue of $123K, expenses of $147K, and assets of $25K.

Data Sources and Methodology

This transparency report for Northeast Home Energy Rating System Alliance 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.