Society To Benefit Everyone Inc
Society To Benefit Everyone Inc experiences significant revenue volatility and operates at a deficit in its latest fiscal period.
EIN: 205280780 · Ashfield, MA · NTEE: S30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $384K |
| Program Spending | 80% |
| Net Assets | $344K |
| Transparency Score | 75/100 |
Is Society To Benefit Everyone Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Society To Benefit Everyone Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Society To Benefit Everyone Inc
Society To Benefit Everyone Inc (EIN: 205280780) is a nonprofit organization based in Ashfield, MA, classified under NTEE code S30. The organization reported total revenue of $1.7M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society To Benefit Everyone Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Society To Benefit Everyone Inc is a mid-size nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 40.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $285K |
| Total Expenses | $384K |
| Surplus / Deficit | $-99,232 |
| Total Assets | $962K |
| Total Liabilities | $618K |
| Net Assets | $344K |
| Operating Margin | -34.8% |
| Debt-to-Asset Ratio | 64.2% |
| Months of Reserves | 30.0 months |
Financial Health Grade: C
In 2023, Society To Benefit Everyone Inc reported a deficit of $99K with expenses exceeding revenue, holds 30.0 months of operating reserves (strong position), has a debt-to-asset ratio of 64.2% (high leverage).
Financial Trends
Over 9 years of filings (2013–2023), Society To Benefit Everyone Inc's revenue has grown at a compound annual growth rate (CAGR) of 40.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -75.6% | -66.9% | -2.0% |
| 2022 | +476.6% | +770.9% | +4.0% |
| 2021 | +213.8% | -9.0% | +45.3% |
| 2020 | +84.8% | -27.3% | -10.7% |
| 2019 | +23.1% | +47.5% | -31.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Society To Benefit Everyone Inc 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, Society To Benefit Everyone Inc 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 $99K, with expenses exceeding revenue.
- Debt-to-asset ratio: 64.2%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with revenues fluctuating between tens of thousands and over a million dollars.
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 Society To Benefit Everyone Inc's IRS 990 filings:
- Significant revenue volatility year-over-year, making financial planning challenging.
- Operating at a deficit in the latest fiscal period (202306), with expenses exceeding revenue by nearly $100,000.
- Increasing liabilities over time, reaching $617,747 in the latest filing, which could indicate growing financial obligations.
Strengths
The following positive indicators were identified for Society To Benefit Everyone Inc:
- Consistent 0% officer compensation across all filings, demonstrating a strong commitment to program spending.
- Ability to generate over $1 million in revenue in certain years (e.g., 2022 and 2015), indicating potential for significant impact.
- Maintained substantial assets (over $900,000 in recent years) despite revenue fluctuations.
Frequently Asked Questions about Society To Benefit Everyone Inc
Is Society To Benefit Everyone Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Society To Benefit Everyone Inc (EIN: 205280780) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Society To Benefit Everyone Inc spend its money?
Society To Benefit Everyone Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Society To Benefit Everyone Inc tax-deductible?
Society To Benefit Everyone Inc is registered as a tax-exempt nonprofit (EIN: 205280780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Society To Benefit Everyone Inc's spending goes to programs?
Society To Benefit Everyone Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Society To Benefit Everyone Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Society To Benefit Everyone Inc is above average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Society To Benefit Everyone Inc located?
Society To Benefit Everyone Inc is headquartered in Ashfield, Massachusetts and files with the IRS under EIN 205280780. It is classified under NTEE code S30.
How many years of IRS 990 filings does Society To Benefit Everyone Inc have?
Society To Benefit Everyone Inc has 9 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 $1.7M in total revenue.
Is Society To Benefit Everyone Inc a good charity?
The organization shows a strong commitment to its mission by reporting 0% officer compensation. However, its financial stability is a concern due to highly volatile revenues and operating at a deficit in the latest fiscal period (expenses of $384,212 against revenue of $284,980).
Why is the revenue so inconsistent year over year?
The filings show extreme fluctuations in revenue, from $28,421 in 2017 to $1,170,016 in 2022, and then down to $284,980 in 2023. This inconsistency could be due to reliance on a few large grants, specific project funding cycles, or unpredictable donation streams, which warrants further investigation into their funding model.
What caused the deficit in the latest fiscal period?
In the 202306 period, the organization reported expenses of $384,212 against revenue of $284,980, resulting in a deficit. Without detailed expense breakdowns, it's difficult to pinpoint the exact cause, but it suggests that spending outpaced income during that period.
Filing History
IRS 990 filing history for Society To Benefit Everyone Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2013–2023), Society To Benefit Everyone Inc's revenue has grown by 2989.2%, moving from $9K to $285K. Total assets increased by 12543.8% over the same period, from $8K to $962K. Total functional expenses rose by 1579.5%, from $23K to $384K. In its most recent filing year (2023), Society To Benefit Everyone Inc reported a deficit of $99K, with expenses exceeding revenue. The organization holds $618K in liabilities against $962K in assets (debt-to-asset ratio: 64.2%), resulting in net assets of $344K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $285K | $384K | $962K | $618K | — | — |
| 2022 | $1.2M | $1.2M | $981K | $597K | — | View 990 |
| 2021 | $203K | $133K | $943K | $569K | — | View 990 |
| 2020 | $65K | $146K | $649K | $345K | — | View 990 |
| 2019 | $35K | $201K | $727K | $342K | — | — |
| 2017 | $28K | $136K | $1.1M | $275K | — | View 990 |
| 2016 | $29K | $99K | $1.2M | $276K | — | View 990 |
| 2015 | $1.0M | $19K | $1.0M | $68K | — | View 990 |
| 2013 | $9K | $23K | $8K | $55K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $285K, expenses of $384K, and assets of $962K (revenue -75.6% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $981K (revenue +476.6% year-over-year).
- 2021: Revenue of $203K, expenses of $133K, and assets of $943K (revenue +213.8% year-over-year).
- 2020: Revenue of $65K, expenses of $146K, and assets of $649K (revenue +84.8% year-over-year).
- 2019: Revenue of $35K, expenses of $201K, and assets of $727K (revenue +23.1% year-over-year).
- 2017: Revenue of $28K, expenses of $136K, and assets of $1.1M (revenue -0.9% year-over-year).
- 2016: Revenue of $29K, expenses of $99K, and assets of $1.2M (revenue -97.3% year-over-year).
- 2015: Revenue of $1.0M, expenses of $19K, and assets of $1.0M (revenue +11229.1% year-over-year).
- 2013: Revenue of $9K, expenses of $23K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Society To Benefit Everyone Inc:
Data Sources and Methodology
This transparency report for Society To Benefit Everyone 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.