Sherborn Community Center Foundation Inc
EIN: 42895628 · Sherborn, MA · NTEE: A82Z
| Metric | Value |
|---|---|
| Total Revenue | $449K |
| Total Expenses | $171K |
| Net Assets | $410K |
Is Sherborn Community Center Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sherborn Community Center Foundation Inc
Sherborn Community Center Foundation Inc (EIN: 42895628) is a nonprofit organization based in Sherborn, MA, classified under NTEE code A82Z. The organization reported total revenue of $449K and total assets of $462K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sherborn Community Center Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sherborn Community Center Foundation Inc is a small nonprofit that has been operating for 40 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $111K |
| Total Expenses | $171K |
| Surplus / Deficit | $-60,130 |
| Total Assets | $413K |
| Total Liabilities | $3K |
| Net Assets | $410K |
| Operating Margin | -54.2% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 29.0 months |
Financial Health Grade: B
In 2024, Sherborn Community Center Foundation Inc reported a deficit of $60K with expenses exceeding revenue, holds 29.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Sherborn Community Center Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -13.5% | +6.2% | -7.5% |
| 2023 | +20.9% | +178.2% | -1.3% |
| 2022 | +5.9% | -10.0% | +5.4% |
| 2021 | -10.2% | -26.9% | +24.1% |
| 2020 | +10.7% | +53.5% | +6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sherborn Community Center Foundation 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 Sherborn Community Center Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Sherborn Community Center Foundation Inc
Is Sherborn Community Center Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sherborn Community Center Foundation Inc (EIN: 42895628) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sherborn Community Center Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Sherborn Community Center Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Sherborn Community Center Foundation Inc tax-deductible?
Sherborn Community Center Foundation Inc is registered as a tax-exempt nonprofit (EIN: 42895628). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sherborn Community Center Foundation Inc located?
Sherborn Community Center Foundation Inc is headquartered in Sherborn, Massachusetts and files with the IRS under EIN 42895628. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does Sherborn Community Center Foundation Inc have?
Sherborn Community Center Foundation Inc has 14 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 $449K in total revenue.
Filing History
IRS 990 filing history for Sherborn Community Center Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Sherborn Community Center Foundation Inc's revenue has grown by 74.3%, moving from $64K to $111K. Total assets increased by 200.7% over the same period, from $137K to $413K. Total functional expenses rose by 227.1%, from $52K to $171K. In its most recent filing year (2024), Sherborn Community Center Foundation Inc reported a deficit of $60K, with expenses exceeding revenue. The organization holds $3K in liabilities against $413K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $410K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $111K | $171K | $413K | $3K | — | — |
| 2023 | $128K | $161K | $446K | $5K | — | View 990 |
| 2022 | $106K | $58K | $452K | $4K | — | View 990 |
| 2021 | $100K | $64K | $429K | $3K | — | — |
| 2020 | $111K | $88K | $346K | $5K | — | View 990 |
| 2019 | $101K | $57K | $325K | $6K | — | View 990 |
| 2018 | $93K | $71K | $273K | $5K | — | View 990 |
| 2017 | $57K | $38K | $243K | $9K | — | View 990 |
| 2016 | $81K | $73K | $215K | $13K | — | View 990 |
| 2015 | $69K | $82K | $189K | $4K | — | View 990 |
| 2014 | $61K | $67K | $202K | $1K | — | View 990 |
| 2013 | $65K | $55K | $196K | $2K | — | View 990 |
| 2012 | $65K | $44K | $165K | $975 | — | View 990 |
| 2011 | $64K | $52K | $137K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $111K, expenses of $171K, and assets of $413K (revenue -13.5% year-over-year).
- 2023: Revenue of $128K, expenses of $161K, and assets of $446K (revenue +20.9% year-over-year).
- 2022: Revenue of $106K, expenses of $58K, and assets of $452K (revenue +5.9% year-over-year).
- 2021: Revenue of $100K, expenses of $64K, and assets of $429K (revenue -10.2% year-over-year).
- 2020: Revenue of $111K, expenses of $88K, and assets of $346K (revenue +10.7% year-over-year).
- 2019: Revenue of $101K, expenses of $57K, and assets of $325K (revenue +8.6% year-over-year).
- 2018: Revenue of $93K, expenses of $71K, and assets of $273K (revenue +63.1% year-over-year).
- 2017: Revenue of $57K, expenses of $38K, and assets of $243K (revenue -29.6% year-over-year).
- 2016: Revenue of $81K, expenses of $73K, and assets of $215K (revenue +16.7% year-over-year).
- 2015: Revenue of $69K, expenses of $82K, and assets of $189K (revenue +13.7% year-over-year).
- 2014: Revenue of $61K, expenses of $67K, and assets of $202K (revenue -6.2% year-over-year).
- 2013: Revenue of $65K, expenses of $55K, and assets of $196K (revenue +0.2% year-over-year).
- 2012: Revenue of $65K, expenses of $44K, and assets of $165K (revenue +1.8% year-over-year).
- 2011: Revenue of $64K, expenses of $52K, and assets of $137K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sherborn Community Center Foundation Inc:
Data Sources and Methodology
This transparency report for Sherborn Community Center Foundation 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.