Refugepoint Inc
Refugepoint Inc shows consistent revenue and asset growth with no reported officer compensation.
EIN: 202061482 · Boston, MA · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.4M |
| Total Expenses | $11.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $13 |
| Net Assets | $16.7M |
| Transparency Score | 90/100 |
Is Refugepoint Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Refugepoint Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Refugepoint Inc
Refugepoint Inc (EIN: 202061482) is a nonprofit organization based in Boston, MA, classified under NTEE code Q33. The organization reported total revenue of $16.4M and total assets of $20.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Refugepoint Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Refugepoint Inc is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.5M |
| Total Expenses | $11.6M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $17.5M |
| Total Liabilities | $786K |
| Net Assets | $16.7M |
| Operating Margin | 13.6% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 18.0 months |
Financial Health Grade: A
In 2023, Refugepoint Inc reported a surplus of $1.8M with revenue exceeding expenses, holds 18.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Refugepoint Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.4% | +18.4% | +10.9% |
| 2022 | -1.5% | +34.7% | +15.6% |
| 2021 | +69.8% | +9.1% | +108.4% |
| 2020 | +35.3% | -3.1% | +24.1% |
| 2019 | -11.0% | +26.2% | -18.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Refugepoint 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, Refugepoint 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.5%.
Executive Compensation Analysis
The IRS 990 filings for Refugepoint Inc consistently report 0% officer compensation across all periods from 2014 to 2023. This is highly unusual for an organization of its size, with revenues exceeding $13 million in recent years, and suggests either a fully volunteer executive leadership or that compensation is reported under other expense categories, which would require further scrutiny of the full 990 forms.
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 Refugepoint Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, warranting further investigation into executive remuneration practices.
Strengths
The following positive indicators were identified for Refugepoint Inc:
- Consistent and significant revenue growth, from $2.9M in 2014 to $13.4M in 2023.
- Healthy asset accumulation, growing from $2.8M to $17.4M over the last decade, indicating strong financial stewardship.
- Expenses consistently below revenue, demonstrating financial sustainability and responsible budgeting.
- Low liabilities relative to assets, with liabilities of $785,906 against assets of $17,462,977 in 2023, indicating strong financial solvency.
Frequently Asked Questions about Refugepoint Inc
Is Refugepoint Inc a legitimate charity?
Refugepoint Inc (EIN: 202061482) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $16.4M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Refugepoint Inc spend its money?
Refugepoint Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Refugepoint Inc tax-deductible?
Refugepoint Inc is registered as a tax-exempt nonprofit (EIN: 202061482). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Refugepoint Inc CEO make?
Refugepoint Inc's highest-compensated officer earns $13 annually. The organization reported $16.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Refugepoint Inc's spending goes to programs?
Refugepoint Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Refugepoint Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Refugepoint Inc is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Refugepoint Inc located?
Refugepoint Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 202061482. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Refugepoint Inc have?
Refugepoint 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 $16.4M in total revenue.
How does Refugepoint Inc manage to report 0% officer compensation given its scale?
The consistent reporting of 0% officer compensation across all available filings for an organization with over $13 million in revenue is highly unusual. This could indicate a volunteer-led executive team, or that executive compensation is categorized differently within the full IRS 990, such as under general salaries or professional fees, rather than specifically as 'officer compensation'.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the provided summary data does not detail the exact percentages for program, administrative, and fundraising expenses, the overall financial health, with expenses consistently below revenue, suggests a generally efficient allocation of funds. A full IRS 990 would provide these specific breakdowns.
What is the organization's strategy for managing its growing assets?
Refugepoint Inc's assets have grown significantly from $2,815,500 in 2014 to $17,462,977 in 2023. This growth indicates effective financial management and potentially strategic investments or reserves. The organization appears to be building a strong financial foundation, which could support long-term program stability and expansion.
Filing History
IRS 990 filing history for Refugepoint Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Refugepoint Inc's revenue has grown by 476%, moving from $2.3M to $13.5M. Total assets increased by 748.2% over the same period, from $2.1M to $17.5M. Total functional expenses rose by 498.4%, from $1.9M to $11.6M. In its most recent filing year (2023), Refugepoint Inc reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $786K in liabilities against $17.5M in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $16.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.5M | $11.6M | $17.5M | $786K | — | — |
| 2022 | $12.9M | $9.8M | $15.8M | $878K | — | View 990 |
| 2021 | $13.1M | $7.3M | $13.6M | $1.8M | — | View 990 |
| 2020 | $7.7M | $6.7M | $6.5M | $523K | — | — |
| 2019 | $5.7M | $6.9M | $5.3M | $281K | — | View 990 |
| 2018 | $6.4M | $5.5M | $6.5M | $278K | — | View 990 |
| 2017 | $4.3M | $4.2M | $5.4M | $164K | — | View 990 |
| 2016 | $6.1M | $4.1M | $5.2M | $132K | — | View 990 |
| 2015 | $4.0M | $3.6M | $3.3M | $98K | — | View 990 |
| 2014 | $3.0M | $2.9M | $2.8M | $92K | — | View 990 |
| 2013 | $3.4M | $2.7M | $2.8M | $130K | — | View 990 |
| 2012 | $2.1M | $2.1M | $2.0M | $46K | — | View 990 |
| 2011 | $2.3M | $1.9M | $2.1M | $57K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.5M, expenses of $11.6M, and assets of $17.5M (revenue +4.4% year-over-year).
- 2022: Revenue of $12.9M, expenses of $9.8M, and assets of $15.8M (revenue -1.5% year-over-year).
- 2021: Revenue of $13.1M, expenses of $7.3M, and assets of $13.6M (revenue +69.8% year-over-year).
- 2020: Revenue of $7.7M, expenses of $6.7M, and assets of $6.5M (revenue +35.3% year-over-year).
- 2019: Revenue of $5.7M, expenses of $6.9M, and assets of $5.3M (revenue -11.0% year-over-year).
- 2018: Revenue of $6.4M, expenses of $5.5M, and assets of $6.5M (revenue +47.5% year-over-year).
- 2017: Revenue of $4.3M, expenses of $4.2M, and assets of $5.4M (revenue -28.3% year-over-year).
- 2016: Revenue of $6.1M, expenses of $4.1M, and assets of $5.2M (revenue +49.5% year-over-year).
- 2015: Revenue of $4.0M, expenses of $3.6M, and assets of $3.3M (revenue +35.2% year-over-year).
- 2014: Revenue of $3.0M, expenses of $2.9M, and assets of $2.8M (revenue -11.3% year-over-year).
- 2013: Revenue of $3.4M, expenses of $2.7M, and assets of $2.8M (revenue +61.6% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.1M, and assets of $2.0M (revenue -10.6% year-over-year).
- 2011: Revenue of $2.3M, expenses of $1.9M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Refugepoint Inc:
Data Sources and Methodology
This transparency report for Refugepoint 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.