Northeastern Society Of Plastic
Northeastern Society Of Plastic maintains stable assets despite fluctuating annual operating results and no reported officer compensation.
EIN: 133185843 · Beverly, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $448K |
| Total Expenses | $368K |
| Program Spending | 80% |
| Net Assets | $257K |
| Transparency Score | 75/100 |
Is Northeastern Society Of Plastic Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northeastern Society Of Plastic directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northeastern Society Of Plastic
Northeastern Society Of Plastic (EIN: 133185843) is a nonprofit organization based in Beverly, MA. The organization reported total revenue of $448K and total assets of $347K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeastern Society Of Plastic's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northeastern Society Of Plastic is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $348K |
| Total Expenses | $368K |
| Surplus / Deficit | $-19,828 |
| Total Assets | $257K |
| Net Assets | $257K |
| Operating Margin | -5.7% |
| Months of Reserves | 8.4 months |
Financial Health Grade: B
In 2023, Northeastern Society Of Plastic reported a deficit of $20K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Northeastern Society Of Plastic's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.4% | +7.3% | +2.6% |
| 2022 | -12.9% | +33.0% | -24.5% |
| 2021 | +142.9% | +69.8% | +46.4% |
| 2020 | -43.0% | -44.6% | +9.5% |
| 2019 | -25.6% | -22.8% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Northeastern Society Of Plastic with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Northeastern Society Of Plastic allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or receives compensation below the reporting threshold, which is a positive sign for resource allocation.
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 Northeastern Society Of Plastic's IRS 990 filings:
- Frequent operating deficits (e.g., 2023, 2022, 2020, 2019, 2018, 2017, 2015, 2014) where expenses exceed revenue, though assets remain stable.
- NTEE Code is unknown, which limits understanding of its specific sector and comparable organizations.
Strengths
The following positive indicators were identified for Northeastern Society Of Plastic:
- Consistent IRS 990 filing history for over a decade, indicating good transparency.
- Zero reported liabilities across all filings, demonstrating strong financial stability and no debt.
- No reported officer compensation, suggesting efficient use of funds at the leadership level.
- Healthy asset base, growing from $157,635 in 2015 to $257,475 in 2023, indicating long-term financial management.
Frequently Asked Questions about Northeastern Society Of Plastic
Is Northeastern Society Of Plastic a legitimate charity?
Based on AI analysis of IRS 990 filings, Northeastern Society Of Plastic (EIN: 133185843) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Northeastern Society Of Plastic spend its money?
Northeastern Society Of Plastic directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northeastern Society Of Plastic tax-deductible?
Northeastern Society Of Plastic is registered as a tax-exempt nonprofit (EIN: 133185843). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Northeastern Society Of Plastic's spending goes to programs?
Northeastern Society Of Plastic directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Northeastern Society Of Plastic located?
Northeastern Society Of Plastic is headquartered in Beverly, Massachusetts and files with the IRS under EIN 133185843.
How many years of IRS 990 filings does Northeastern Society Of Plastic have?
Northeastern Society Of Plastic 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 $448K in total revenue.
What is the specific mission of the Northeastern Society Of Plastic?
Based on the financial data, the mission is not explicitly stated. Further investigation into their website or other public documents would be needed to understand their programmatic activities.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that key leadership roles are likely filled by volunteers or individuals compensated below the IRS reporting threshold, which can significantly reduce administrative overhead.
What are the primary sources of revenue for the organization?
The filings show fluctuating revenues, for example, $348,075 in 2023 and $352,537 in 2021. Without a detailed breakdown of revenue streams (e.g., membership dues, conferences, donations), the specific sources cannot be determined from the provided data.
Filing History
IRS 990 filing history for Northeastern Society Of Plastic showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northeastern Society Of Plastic's revenue has grown by 43.6%, moving from $242K to $348K. Total assets increased by 57.6% over the same period, from $163K to $257K. Total functional expenses rose by 42.2%, from $259K to $368K. In its most recent filing year (2023), Northeastern Society Of Plastic reported a deficit of $20K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $348K | $368K | $257K | $0 | — | — |
| 2022 | $307K | $343K | $251K | $0 | — | — |
| 2021 | $353K | $258K | $332K | $0 | — | View 990 |
| 2020 | $145K | $152K | $227K | $0 | — | — |
| 2019 | $254K | $274K | $207K | $0 | — | View 990 |
| 2018 | $342K | $355K | $203K | $0 | — | View 990 |
| 2017 | $319K | $351K | $229K | $0 | — | View 990 |
| 2016 | $346K | $258K | $246K | $0 | — | View 990 |
| 2015 | $239K | $258K | $158K | $0 | — | View 990 |
| 2014 | $235K | $261K | $185K | $0 | — | View 990 |
| 2013 | $260K | $253K | $212K | $0 | — | View 990 |
| 2012 | $278K | $251K | $196K | $0 | — | View 990 |
| 2011 | $242K | $259K | $163K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $348K, expenses of $368K, and assets of $257K (revenue +13.4% year-over-year).
- 2022: Revenue of $307K, expenses of $343K, and assets of $251K (revenue -12.9% year-over-year).
- 2021: Revenue of $353K, expenses of $258K, and assets of $332K (revenue +142.9% year-over-year).
- 2020: Revenue of $145K, expenses of $152K, and assets of $227K (revenue -43.0% year-over-year).
- 2019: Revenue of $254K, expenses of $274K, and assets of $207K (revenue -25.6% year-over-year).
- 2018: Revenue of $342K, expenses of $355K, and assets of $203K (revenue +7.2% year-over-year).
- 2017: Revenue of $319K, expenses of $351K, and assets of $229K (revenue -7.8% year-over-year).
- 2016: Revenue of $346K, expenses of $258K, and assets of $246K (revenue +44.8% year-over-year).
- 2015: Revenue of $239K, expenses of $258K, and assets of $158K (revenue +1.5% year-over-year).
- 2014: Revenue of $235K, expenses of $261K, and assets of $185K (revenue -9.6% year-over-year).
- 2013: Revenue of $260K, expenses of $253K, and assets of $212K (revenue -6.4% year-over-year).
- 2012: Revenue of $278K, expenses of $251K, and assets of $196K (revenue +14.7% year-over-year).
- 2011: Revenue of $242K, expenses of $259K, and assets of $163K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northeastern Society Of Plastic:
Data Sources and Methodology
This transparency report for Northeastern Society Of Plastic 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.