Sikh Sangat Society Boston Inc
Sikh Sangat Society Boston Inc shows strong asset growth and low expenses with no executive compensation.
EIN: 203943428 · Everett, MA · NTEE: X99 · Updated: 2026-03-28
Is Sikh Sangat Society Boston Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sikh Sangat Society Boston Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sikh Sangat Society Boston Inc
Sikh Sangat Society Boston Inc (EIN: 203943428) is a nonprofit organization based in Everett, MA, classified under NTEE code X99. The organization reported total revenue of $399K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sikh Sangat Society Boston Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sikh Sangat Society Boston 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, Sikh Sangat Society Boston 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
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure and ensuring that all funds are directed towards the organization's mission rather than executive salaries.
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 Sikh Sangat Society Boston Inc:
- Consistent asset growth, increasing from $1.57M in 2012 to $2.74M in 2022.
- Zero reported liabilities in recent years (2021, 2022), indicating excellent financial health.
- No officer compensation reported across all filings, suggesting volunteer leadership and efficient use of funds.
- Low expense-to-revenue ratio (46% in 2022), demonstrating strong spending efficiency.
- Consistent revenue generation over the past decade, showing financial stability.
Frequently Asked Questions about Sikh Sangat Society Boston Inc
Is Sikh Sangat Society Boston Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sikh Sangat Society Boston Inc (EIN: 203943428) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Sikh Sangat Society Boston Inc spend its money?
Sikh Sangat Society Boston Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sikh Sangat Society Boston Inc tax-deductible?
Sikh Sangat Society Boston Inc is registered as a tax-exempt nonprofit (EIN: 203943428). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sikh Sangat Society Boston Inc a good charity?
Based on the available financial data, Sikh Sangat Society Boston Inc appears to be a well-managed and financially healthy organization. It demonstrates strong asset growth, low expenses relative to revenue, and no reported executive compensation, all positive indicators for a charity.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, particularly in reducing liabilities from $478,763 in 2012 to $0 in 2021 and 2022, while consistently growing assets from $1,572,312 to $2,739,945 over the same period.
What is the organization's spending efficiency?
Sikh Sangat Society Boston Inc exhibits strong spending efficiency. In 2022, its expenses of $184,083 were only 46% of its revenue of $398,873, indicating that a significant portion of its income is retained or used for its mission rather than being consumed by operational costs.
Filing History
IRS 990 filing history for Sikh Sangat Society Boston Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Sikh Sangat Society Boston Inc's revenue has declined by 48.7%, moving from $778K to $399K. Total assets increased by 97.3% over the same period, from $1.4M to $2.7M. Total functional expenses rose by 35.4%, from $136K to $184K. In its most recent filing year (2022), Sikh Sangat Society Boston Inc reported a surplus of $215K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $399K | $184K | $2.7M | $0 | — | View 990 |
| 2021 | $315K | $174K | $2.5M | $0 | — | View 990 |
| 2019 | $328K | $162K | $2.3M | $0 | — | View 990 |
| 2018 | $351K | $155K | $2.1M | $0 | — | View 990 |
| 2017 | $358K | $142K | $2.3M | $394K | — | View 990 |
| 2016 | $329K | $150K | $2.1M | $413K | — | View 990 |
| 2015 | $321K | $201K | $2.0M | $431K | — | View 990 |
| 2014 | $286K | $132K | $1.9M | $448K | — | View 990 |
| 2013 | $304K | $132K | $1.7M | $465K | — | View 990 |
| 2012 | $333K | $135K | $1.6M | $479K | — | View 990 |
| 2011 | $778K | $136K | $1.4M | $493K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $399K, expenses of $184K, and assets of $2.7M (revenue +26.5% year-over-year).
- 2021: Revenue of $315K, expenses of $174K, and assets of $2.5M (revenue -3.7% year-over-year).
- 2019: Revenue of $328K, expenses of $162K, and assets of $2.3M (revenue -6.6% year-over-year).
- 2018: Revenue of $351K, expenses of $155K, and assets of $2.1M (revenue -2.1% year-over-year).
- 2017: Revenue of $358K, expenses of $142K, and assets of $2.3M (revenue +8.7% year-over-year).
- 2016: Revenue of $329K, expenses of $150K, and assets of $2.1M (revenue +2.7% year-over-year).
- 2015: Revenue of $321K, expenses of $201K, and assets of $2.0M (revenue +12.1% year-over-year).
- 2014: Revenue of $286K, expenses of $132K, and assets of $1.9M (revenue -6.0% year-over-year).
- 2013: Revenue of $304K, expenses of $132K, and assets of $1.7M (revenue -8.5% year-over-year).
- 2012: Revenue of $333K, expenses of $135K, and assets of $1.6M (revenue -57.3% year-over-year).
- 2011: Revenue of $778K, expenses of $136K, and assets of $1.4M.
Data Sources and Methodology
This transparency report for Sikh Sangat Society Boston 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.