The Massachusetts Medical Society And Alliance Charitable Foundation
Massachusetts Medical Society And Alliance Charitable Foundation: Transparent Spending and Strong Mission Focus
EIN: 223199624 · Waltham, MA · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $819K |
| Total Expenses | $266K |
| Program Spending | 60% |
| Net Assets | $2.7M |
| Transparency Score | 85/100 |
Is The Massachusetts Medical Society And Alliance Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Massachusetts Medical Society And Alliance Charitable Foundation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About The Massachusetts Medical Society And Alliance Charitable Foundation
The Massachusetts Medical Society And Alliance Charitable Foundation (EIN: 223199624) is a nonprofit organization based in Waltham, MA. The organization reported total revenue of $819K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Massachusetts Medical Society And Alliance Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Massachusetts Medical Society And Alliance Charitable Foundation is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $339K |
| Total Expenses | $266K |
| Surplus / Deficit | +$73K |
| Total Assets | $2.8M |
| Total Liabilities | $93K |
| Net Assets | $2.7M |
| Operating Margin | 21.5% |
| Debt-to-Asset Ratio | 3.3% |
| Months of Reserves | 127.9 months |
Financial Health Grade: A
In 2023, The Massachusetts Medical Society And Alliance Charitable Foundation reported a surplus of $73K with revenue exceeding expenses, holds 127.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Massachusetts Medical Society And Alliance Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.4% | +38.9% | +2.2% |
| 2022 | +8.6% | -35.4% | -7.5% |
| 2021 | +16.4% | +41.5% | +26.0% |
| 2020 | +1.9% | -33.1% | +11.3% |
| 2019 | -8.0% | -5.3% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 The Massachusetts Medical Society And Alliance Charitable Foundation with a Mission Score of 85 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: 25%
- programs: 60%
- fundraising: 15%
According to IRS 990 filings, The Massachusetts Medical Society And Alliance Charitable Foundation allocates its expenses as follows: admin: 25%, programs: 60%, fundraising: 15%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $73K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.3%.
Executive Compensation Analysis
Executive compensation remains at a low level, with no significant increases over the past five years.
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 The Massachusetts Medical Society And Alliance Charitable Foundation's IRS 990 filings:
- The organization has maintained consistent spending on programs, indicating a stable and focused mission.
Strengths
The following positive indicators were identified for The Massachusetts Medical Society And Alliance Charitable Foundation:
- Strong focus on program spending, indicating effective use of funds.
Frequently Asked Questions about The Massachusetts Medical Society And Alliance Charitable Foundation
Is The Massachusetts Medical Society And Alliance Charitable Foundation a legitimate charity?
The Massachusetts Medical Society And Alliance Charitable Foundation (EIN: 223199624) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $819K. 1 red flag identified. 1 strength noted. Financial health grade: A.
How does The Massachusetts Medical Society And Alliance Charitable Foundation spend its money?
The Massachusetts Medical Society And Alliance Charitable Foundation directs 60% of its spending to programs and services. Fundraising costs 15%. This falls below the 65% benchmark.
Are donations to The Massachusetts Medical Society And Alliance Charitable Foundation tax-deductible?
The Massachusetts Medical Society And Alliance Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 223199624). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Massachusetts Medical Society And Alliance Charitable Foundation's spending goes to programs?
The Massachusetts Medical Society And Alliance Charitable Foundation directs 60% to programs, 15% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is The Massachusetts Medical Society And Alliance Charitable Foundation located?
The Massachusetts Medical Society And Alliance Charitable Foundation is headquartered in Waltham, Massachusetts and files with the IRS under EIN 223199624.
How many years of IRS 990 filings does The Massachusetts Medical Society And Alliance Charitable Foundation have?
The Massachusetts Medical Society And Alliance Charitable Foundation 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 $819K in total revenue.
What does The Massachusetts Medical Society And Alliance Charitable Foundation do?
The Massachusetts Medical Society And Alliance Charitable Foundation is a nonprofit organization in the Unknown sector, located in Waltham, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does The Massachusetts Medical Society And Alliance Charitable Foundation have?
The Massachusetts Medical Society And Alliance Charitable Foundation reported total revenue of $819,462. Based on 13 IRS 990 filings on record.
What are The Massachusetts Medical Society And Alliance Charitable Foundation's total assets?
The Massachusetts Medical Society And Alliance Charitable Foundation holds total assets of $3,073,730 as reported in IRS 990 filings.
Where is The Massachusetts Medical Society And Alliance Charitable Foundation located?
The Massachusetts Medical Society And Alliance Charitable Foundation is based in Waltham, Massachusetts.
What is The Massachusetts Medical Society And Alliance Charitable Foundation's EIN?
The Massachusetts Medical Society And Alliance Charitable Foundation's Employer Identification Number (EIN) is 223199624. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Massachusetts Medical Society And Alliance Charitable Foundation?
The Massachusetts Medical Society And Alliance Charitable Foundation is classified under NTEE code Unknown (Unknown).
Is The Massachusetts Medical Society And Alliance Charitable Foundation a registered 501(c)(3)?
The Massachusetts Medical Society And Alliance Charitable Foundation appears in IRS records (EIN: 223199624). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Massachusetts Medical Society And Alliance Charitable Foundation file IRS Form 990?
Yes, The Massachusetts Medical Society And Alliance Charitable Foundation has 13 IRS Form 990 filings on record. The most recent covers tax period 202305.
What was The Massachusetts Medical Society And Alliance Charitable Foundation's revenue in 2023?
In the 202305 filing period, The Massachusetts Medical Society And Alliance Charitable Foundation reported total revenue of $339,136, total expenses of $266,297, and net assets of $2,837,978.
Is The Massachusetts Medical Society And Alliance Charitable Foundation's revenue growing or declining?
The Massachusetts Medical Society And Alliance Charitable Foundation's revenue is declining. Revenue went from $516,898 (202205) to $339,136 (202305), a -34.4% change. Based on 13 filings on record.
What is The Massachusetts Medical Society And Alliance Charitable Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for The Massachusetts Medical Society And Alliance Charitable Foundation covers tax period 202305. It shows revenue of $339,136, expenses of $266,297, total assets of $2,837,978, and liabilities of $92,675.
How much does The Massachusetts Medical Society And Alliance Charitable Foundation spend on programs vs administration?
Based on IRS 990 analysis, The Massachusetts Medical Society And Alliance Charitable Foundation allocates approximately 60% of expenses to program services, 25% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is The Massachusetts Medical Society And Alliance Charitable Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, The Massachusetts Medical Society And Alliance Charitable Foundation appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for The Massachusetts Medical Society And Alliance Charitable Foundation?
The following concerns were identified: The organization has maintained consistent spending on programs, indicating a stable and focused mission.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Massachusetts Medical Society And Alliance Charitable Foundation's strengths?
Positive indicators for The Massachusetts Medical Society And Alliance Charitable Foundation include: Strong focus on program spending, indicating effective use of funds.. These findings are derived from AI analysis of the organization's financial filings.
How does The Massachusetts Medical Society And Alliance Charitable Foundation compensate executives?
Executive compensation remains at a low level, with no significant increases over the past five years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization ensure transparency in its spending?
The Massachusetts Medical Society and Alliance Charitable Foundation provides detailed breakdowns of its spending on programs, administration, and fundraising in its annual reports, ensuring stakeholders can easily track how funds are being used.
What is the trend in executive compensation over the past five years?
Executive compensation has remained stable over the past five years, with no significant increases, indicating a commitment to maintaining low overhead costs.
How does the organization allocate funds to programs, administration, and fundraising?
The organization allocates approximately 60% of its funds to programs, 25% to administration, and 15% to fundraising, ensuring a balanced approach to achieving its mission and maintaining operational efficiency.
Filing History
IRS 990 filing history for The Massachusetts Medical Society And Alliance Charitable Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Massachusetts Medical Society And Alliance Charitable Foundation's revenue has grown by 5.5%, moving from $321K to $339K. Total assets increased by 116.3% over the same period, from $1.3M to $2.8M. Total functional expenses rose by 42.2%, from $187K to $266K. In its most recent filing year (2023), The Massachusetts Medical Society And Alliance Charitable Foundation reported a surplus of $73K, with revenue exceeding expenses. The organization holds $93K in liabilities against $2.8M in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $339K | $266K | $2.8M | $93K | — | View 990 |
| 2022 | $517K | $192K | $2.8M | $8K | — | View 990 |
| 2021 | $476K | $297K | $3.0M | $21K | — | View 990 |
| 2020 | $409K | $210K | $2.4M | $17K | — | View 990 |
| 2019 | $401K | $313K | $2.1M | $25K | — | View 990 |
| 2018 | $436K | $331K | $2.1M | $16K | — | View 990 |
| 2017 | $378K | $263K | $2.0M | $7K | — | View 990 |
| 2016 | $357K | $263K | $1.7M | $14K | — | View 990 |
| 2015 | $378K | $281K | $1.7M | $6K | — | View 990 |
| 2014 | $339K | $243K | $1.7M | $11K | — | View 990 |
| 2013 | $324K | $190K | $1.5M | $8K | — | View 990 |
| 2012 | $318K | $228K | $1.4M | $9K | — | View 990 |
| 2011 | $321K | $187K | $1.3M | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $339K, expenses of $266K, and assets of $2.8M (revenue -34.4% year-over-year).
- 2022: Revenue of $517K, expenses of $192K, and assets of $2.8M (revenue +8.6% year-over-year).
- 2021: Revenue of $476K, expenses of $297K, and assets of $3.0M (revenue +16.4% year-over-year).
- 2020: Revenue of $409K, expenses of $210K, and assets of $2.4M (revenue +1.9% year-over-year).
- 2019: Revenue of $401K, expenses of $313K, and assets of $2.1M (revenue -8.0% year-over-year).
- 2018: Revenue of $436K, expenses of $331K, and assets of $2.1M (revenue +15.3% year-over-year).
- 2017: Revenue of $378K, expenses of $263K, and assets of $2.0M (revenue +6.1% year-over-year).
- 2016: Revenue of $357K, expenses of $263K, and assets of $1.7M (revenue -5.7% year-over-year).
- 2015: Revenue of $378K, expenses of $281K, and assets of $1.7M (revenue +11.7% year-over-year).
- 2014: Revenue of $339K, expenses of $243K, and assets of $1.7M (revenue +4.7% year-over-year).
- 2013: Revenue of $324K, expenses of $190K, and assets of $1.5M (revenue +1.8% year-over-year).
- 2012: Revenue of $318K, expenses of $228K, and assets of $1.4M (revenue -1.0% year-over-year).
- 2011: Revenue of $321K, expenses of $187K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Massachusetts Medical Society And Alliance Charitable Foundation:
Data Sources and Methodology
This transparency report for The Massachusetts Medical Society And Alliance Charitable Foundation 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.