Stone Institute And Newton Home For Aged People
EIN: 42105896 · Newton U F, MA
| Metric | Value |
|---|---|
| Total Revenue | $12.2M |
| Total Expenses | $12.7M |
| Net Assets | $3.6M |
Is Stone Institute And Newton Home For Aged People Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Stone Institute And Newton Home For Aged People
Stone Institute And Newton Home For Aged People (EIN: 42105896) is a nonprofit organization based in Newton U F, MA. The organization reported total revenue of $12.2M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stone Institute And Newton Home For Aged People's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stone Institute And Newton Home For Aged People is a large nonprofit that has been operating for 58 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.0M |
| Total Expenses | $12.7M |
| Surplus / Deficit | $-751,006 |
| Total Assets | $8.2M |
| Total Liabilities | $4.6M |
| Net Assets | $3.6M |
| Operating Margin | -6.3% |
| Debt-to-Asset Ratio | 56.5% |
| Months of Reserves | 7.7 months |
Financial Health Grade: C
In 2023, Stone Institute And Newton Home For Aged People reported a deficit of $751K with expenses exceeding revenue, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 56.5% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Stone Institute And Newton Home For Aged People's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.1% | +4.2% | -11.8% |
| 2022 | -13.8% | +10.0% | -18.4% |
| 2021 | +16.3% | +8.7% | +0.0% |
| 2020 | +5.7% | +4.3% | +36.7% |
| 2019 | +16.7% | +8.4% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Stone Institute And Newton Home For Aged People 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 Stone Institute And Newton Home For Aged People 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $751K, with expenses exceeding revenue.
- Debt-to-asset ratio: 56.5%.
Frequently Asked Questions about Stone Institute And Newton Home For Aged People
Is Stone Institute And Newton Home For Aged People a legitimate charity?
Based on AI analysis of IRS 990 filings, Stone Institute And Newton Home For Aged People (EIN: 42105896) insufficient data. 0 red flags identified, 0 strengths noted.
How does Stone Institute And Newton Home For Aged People spend its money?
Detailed spending breakdown data is not yet available for Stone Institute And Newton Home For Aged People. Check back for updated IRS 990 analysis.
Are donations to Stone Institute And Newton Home For Aged People tax-deductible?
Stone Institute And Newton Home For Aged People is registered as a tax-exempt nonprofit (EIN: 42105896). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Stone Institute And Newton Home For Aged People located?
Stone Institute And Newton Home For Aged People is headquartered in Newton U F, Massachusetts and files with the IRS under EIN 42105896.
How many years of IRS 990 filings does Stone Institute And Newton Home For Aged People have?
Stone Institute And Newton Home For Aged People has 10 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 $12.2M in total revenue.
Filing History
IRS 990 filing history for Stone Institute And Newton Home For Aged People showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Stone Institute And Newton Home For Aged People's revenue has grown by 46.4%, moving from $8.2M to $12.0M. Total assets decreased by 11.7% over the same period, from $9.3M to $8.2M. Total functional expenses rose by 43.7%, from $8.9M to $12.7M. In its most recent filing year (2023), Stone Institute And Newton Home For Aged People reported a deficit of $751K, with expenses exceeding revenue. The organization holds $4.6M in liabilities against $8.2M in assets (debt-to-asset ratio: 56.5%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.0M | $12.7M | $8.2M | $4.6M | — | — |
| 2022 | $11.1M | $12.2M | $9.3M | $4.4M | — | View 990 |
| 2021 | $12.8M | $11.1M | $11.4M | $4.7M | — | View 990 |
| 2020 | $11.0M | $10.2M | $11.4M | $6.8M | — | View 990 |
| 2019 | $10.5M | $9.8M | $8.3M | $4.7M | — | View 990 |
| 2015 | $9.0M | $9.0M | $8.7M | $5.2M | — | View 990 |
| 2014 | $8.8M | $8.7M | $9.0M | $5.5M | — | View 990 |
| 2013 | $8.4M | $8.4M | $9.1M | $5.5M | — | View 990 |
| 2012 | $8.3M | $8.5M | $8.8M | $5.6M | — | View 990 |
| 2011 | $8.2M | $8.9M | $9.3M | $6.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.0M, expenses of $12.7M, and assets of $8.2M (revenue +8.1% year-over-year).
- 2022: Revenue of $11.1M, expenses of $12.2M, and assets of $9.3M (revenue -13.8% year-over-year).
- 2021: Revenue of $12.8M, expenses of $11.1M, and assets of $11.4M (revenue +16.3% year-over-year).
- 2020: Revenue of $11.0M, expenses of $10.2M, and assets of $11.4M (revenue +5.7% year-over-year).
- 2019: Revenue of $10.5M, expenses of $9.8M, and assets of $8.3M (revenue +16.7% year-over-year).
- 2015: Revenue of $9.0M, expenses of $9.0M, and assets of $8.7M (revenue +2.3% year-over-year).
- 2014: Revenue of $8.8M, expenses of $8.7M, and assets of $9.0M (revenue +4.0% year-over-year).
- 2013: Revenue of $8.4M, expenses of $8.4M, and assets of $9.1M (revenue +1.0% year-over-year).
- 2012: Revenue of $8.3M, expenses of $8.5M, and assets of $8.8M (revenue +2.0% year-over-year).
- 2011: Revenue of $8.2M, expenses of $8.9M, and assets of $9.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stone Institute And Newton Home For Aged People:
Data Sources and Methodology
This transparency report for Stone Institute And Newton Home For Aged People 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.