The Real Estate Bar Association For Massachusetts Inc
Real Estate Bar Association shows fluctuating finances with recent deficits and increasing liabilities.
EIN: 205006664 · North Easton, MA · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $950K |
| Total Expenses | $939K |
| Program Spending | 80% |
| Net Assets | $-103,592 |
| Transparency Score | 70/100 |
Is The Real Estate Bar Association For Massachusetts Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Real Estate Bar Association For Massachusetts Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Real Estate Bar Association For Massachusetts Inc
The Real Estate Bar Association For Massachusetts Inc (EIN: 205006664) is a nonprofit organization based in North Easton, MA, classified under NTEE code S41. The organization reported total revenue of $950K and total assets of $271K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Real Estate Bar Association For Massachusetts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Real Estate Bar Association For Massachusetts Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $707K |
| Total Expenses | $939K |
| Surplus / Deficit | $-232,447 |
| Total Assets | $239K |
| Total Liabilities | $342K |
| Net Assets | $-103,592 |
| Operating Margin | -32.9% |
| Debt-to-Asset Ratio | 143.4% |
| Months of Reserves | 3.0 months |
Financial Health Grade: C
In 2023, The Real Estate Bar Association For Massachusetts Inc reported a deficit of $232K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 143.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Real Estate Bar Association For Massachusetts Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.0% | +3.7% | -20.6% |
| 2022 | +20.8% | +53.6% | -9.7% |
| 2021 | +23.8% | +2.6% | +36.8% |
| 2020 | -11.5% | +1.3% | +18.0% |
| 2019 | +19.2% | -6.5% | +41.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Real Estate Bar Association For Massachusetts Inc with a Mission Score of 70 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, The Real Estate Bar Association For Massachusetts 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 $232K, with expenses exceeding revenue.
- Debt-to-asset ratio: 143.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a strong positive for resource allocation.
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 Real Estate Bar Association For Massachusetts Inc's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (e.g., 2023, 2022, 2020), indicating potential operational deficits.
- Significant increase in liabilities to $342,346 in 2023, which is higher than its assets of $238,754 for that period, suggesting potential financial strain.
- Modest asset base ($270,578 latest) relative to annual operating expenses (latest revenue $949,581), limiting financial resilience.
Strengths
The following positive indicators were identified for The Real Estate Bar Association For Massachusetts Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
- Long operating history with 13 IRS 990 filings, suggesting established presence and compliance.
- Maintains a positive asset base despite operational fluctuations.
Frequently Asked Questions about The Real Estate Bar Association For Massachusetts Inc
Is The Real Estate Bar Association For Massachusetts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Real Estate Bar Association For Massachusetts Inc (EIN: 205006664) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does The Real Estate Bar Association For Massachusetts Inc spend its money?
The Real Estate Bar Association For Massachusetts Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Real Estate Bar Association For Massachusetts Inc tax-deductible?
The Real Estate Bar Association For Massachusetts Inc is registered as a tax-exempt nonprofit (EIN: 205006664). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Real Estate Bar Association For Massachusetts Inc's spending goes to programs?
The Real Estate Bar Association For Massachusetts Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Real Estate Bar Association For Massachusetts Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), The Real Estate Bar Association For Massachusetts Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Real Estate Bar Association For Massachusetts Inc located?
The Real Estate Bar Association For Massachusetts Inc is headquartered in North Easton, Massachusetts and files with the IRS under EIN 205006664. It is classified under NTEE code S41.
How many years of IRS 990 filings does The Real Estate Bar Association For Massachusetts Inc have?
The Real Estate Bar Association For Massachusetts Inc 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 $950K in total revenue.
What caused the significant increase in liabilities to $342,346 in 2023?
The provided data does not specify the nature of these liabilities, but it represents a substantial increase from previous years, warranting further investigation into the organization's financial obligations.
How does the organization plan to address the recurring trend of expenses exceeding revenue, as seen in 2023 ($939,461 expenses vs. $707,014 revenue)?
Sustained deficits can erode an organization's financial stability. Understanding their strategy for revenue generation or cost control is crucial.
What specific activities or services constitute the 'programs' of The Real Estate Bar Association For Massachusetts Inc?
Given its NTEE code (S41 - Professional Societies, Associations), programs likely include member education, networking events, advocacy, and legal resources for real estate professionals, but specifics would clarify its impact.
What is the organization's reserve policy, given its modest asset base relative to annual expenses?
With assets of $270,578 and annual expenses often exceeding $900,000, the organization's financial cushion appears limited, making a clear reserve policy important for resilience.
Filing History
IRS 990 filing history for The Real Estate Bar Association For Massachusetts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Real Estate Bar Association For Massachusetts Inc's revenue has grown by 15.7%, moving from $611K to $707K. Total assets decreased by 36.1% over the same period, from $373K to $239K. Total functional expenses rose by 54.5%, from $608K to $939K. In its most recent filing year (2023), The Real Estate Bar Association For Massachusetts Inc reported a deficit of $232K, with expenses exceeding revenue. The organization holds $342K in liabilities against $239K in assets (debt-to-asset ratio: 143.4%), resulting in net assets of $-103,592.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $707K | $939K | $239K | $342K | — | — |
| 2022 | $812K | $906K | $301K | $172K | — | View 990 |
| 2021 | $673K | $590K | $333K | $111K | — | View 990 |
| 2020 | $543K | $575K | $243K | $104K | — | View 990 |
| 2019 | $614K | $568K | $206K | $35K | — | — |
| 2018 | $515K | $607K | $146K | $20K | — | View 990 |
| 2017 | $633K | $570K | $218K | $0 | — | View 990 |
| 2016 | $595K | $621K | $157K | $1K | — | View 990 |
| 2015 | $635K | $657K | $218K | $37K | — | View 990 |
| 2014 | $614K | $667K | $202K | $0 | — | View 990 |
| 2013 | $634K | $660K | $256K | $0 | — | View 990 |
| 2012 | $557K | $649K | $281K | $0 | — | View 990 |
| 2011 | $611K | $608K | $373K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $707K, expenses of $939K, and assets of $239K (revenue -13.0% year-over-year).
- 2022: Revenue of $812K, expenses of $906K, and assets of $301K (revenue +20.8% year-over-year).
- 2021: Revenue of $673K, expenses of $590K, and assets of $333K (revenue +23.8% year-over-year).
- 2020: Revenue of $543K, expenses of $575K, and assets of $243K (revenue -11.5% year-over-year).
- 2019: Revenue of $614K, expenses of $568K, and assets of $206K (revenue +19.2% year-over-year).
- 2018: Revenue of $515K, expenses of $607K, and assets of $146K (revenue -18.6% year-over-year).
- 2017: Revenue of $633K, expenses of $570K, and assets of $218K (revenue +6.3% year-over-year).
- 2016: Revenue of $595K, expenses of $621K, and assets of $157K (revenue -6.4% year-over-year).
- 2015: Revenue of $635K, expenses of $657K, and assets of $218K (revenue +3.5% year-over-year).
- 2014: Revenue of $614K, expenses of $667K, and assets of $202K (revenue -3.2% year-over-year).
- 2013: Revenue of $634K, expenses of $660K, and assets of $256K (revenue +14.0% year-over-year).
- 2012: Revenue of $557K, expenses of $649K, and assets of $281K (revenue -8.9% year-over-year).
- 2011: Revenue of $611K, expenses of $608K, and assets of $373K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Real Estate Bar Association For Massachusetts Inc:
Data Sources and Methodology
This transparency report for The Real Estate Bar Association For Massachusetts 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.