The South Boston Collaborative Center Inc

South Boston Collaborative Center operates with fluctuating revenues and no reported officer compensation.

EIN: 203681552 · South Boston, MA · NTEE: F60 · Updated: 2026-03-28

$493KRevenue

$191KAssets

80/100Mission Score (Excellent)

F60

About The South Boston Collaborative Center Inc

The South Boston Collaborative Center Inc (EIN: 203681552) is a nonprofit organization based in South Boston, MA, classified under NTEE code F60. The organization reported total revenue of $493K and total assets of $191K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The South Boston Collaborative Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The South Boston Collaborative Center Inc demonstrates consistent financial activity, with revenues fluctuating between approximately $219,000 and $499,000 over the past decade. In the latest filing (202312), the organization reported revenue of $493,571 against expenses of $460,785, indicating a positive operating margin for the period. However, the organization has experienced periods of deficit spending, such as in 202212 where expenses ($407,004) exceeded revenue ($321,623).

The organization's asset base has varied, reaching a high of $323,620 in 201412 and standing at $130,436 in the most recent filing. A notable point is the reported negative liabilities of $-80,940 in 202312, which could indicate a reclassification or specific accounting treatment that warrants further investigation for clarity. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very lean executive structure, which can be a positive indicator of resource allocation directly to mission-related activities.

Overall, the organization appears to be managing its finances with varying degrees of success year-to-year, but the absence of officer compensation and generally stable revenue streams suggest a commitment to its mission. Further detail on program, administrative, and fundraising expenses would provide a more complete picture of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The South Boston Collaborative Center Inc with a Mission Score of 80 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, The South Boston Collaborative Center 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

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for a nonprofit of its size.

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 South Boston Collaborative Center Inc's IRS 990 filings:

Unusual negative liabilities reported in 202312 filing (-$80,940)
Periods of deficit spending (e.g., 202212 where expenses exceeded revenue by $85,381)

Strengths

The following positive indicators were identified for The South Boston Collaborative Center Inc:

Consistent 0% officer compensation, indicating high efficiency in leadership costs
Generally stable revenue streams over a decade for an organization of its size
Positive operating margin in the latest filing (202312: Revenue $493,571 vs. Expenses $460,785)

Frequently Asked Questions about The South Boston Collaborative Center Inc

What caused the negative liabilities reported in the 202312 filing?

The 202312 filing shows Liabilities of $-80,940. This is an unusual figure and typically indicates a reclassification, a significant overpayment, or a specific accounting adjustment that would require reviewing the full IRS Form 990 for detailed explanation.

How does the organization sustain operations without officer compensation?

The consistent 0% officer compensation suggests that key leadership roles are either filled by volunteers, or compensation is structured in a way that it is not reported under 'Officer Compensation' on the 990, such as through a separate management company or as regular employee salaries not tied to officer status.

What is the primary driver of revenue fluctuations?

Revenue has varied significantly, from $219,441 in 201512 to $499,918 in 202112. Understanding the sources of revenue (e.g., grants, donations, program service fees) would help identify the factors contributing to these fluctuations.

Filing History

IRS 990 filing history for The South Boston Collaborative Center Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), The South Boston Collaborative Center Inc's revenue has grown by 83.7%, moving from $269K to $494K. Total assets decreased by 51.2% over the same period, from $268K to $130K. Total functional expenses rose by 94.6%, from $237K to $461K. In its most recent filing year (2023), The South Boston Collaborative Center Inc reported a surplus of $33K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$494K	$461K	$130K	$-80,940	—	—
2022	$322K	$407K	$196K	$17K	—	View 990
2021	$500K	$382K	$291K	$27K	—	View 990
2020	$372K	$348K	$164K	$17K	—	View 990
2019	$310K	$340K	$139K	$16K	—	View 990
2018	$313K	$338K	$252K	$98K	—	View 990
2017	$362K	$380K	$204K	$25K	—	View 990
2016	$311K	$327K	$295K	$99K	—	View 990
2015	$219K	$314K	$246K	$34K	—	View 990
2014	$283K	$306K	$324K	$17K	—	View 990
2013	$276K	$239K	$351K	$22K	—	View 990
2012	$307K	$258K	$318K	$26K	—	View 990
2011	$269K	$237K	$268K	$24K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $494K, expenses of $461K, and assets of $130K (revenue +53.5% year-over-year).
2022: Revenue of $322K, expenses of $407K, and assets of $196K (revenue -35.7% year-over-year).
2021: Revenue of $500K, expenses of $382K, and assets of $291K (revenue +34.6% year-over-year).
2020: Revenue of $372K, expenses of $348K, and assets of $164K (revenue +19.9% year-over-year).
2019: Revenue of $310K, expenses of $340K, and assets of $139K (revenue -0.9% year-over-year).
2018: Revenue of $313K, expenses of $338K, and assets of $252K (revenue -13.7% year-over-year).
2017: Revenue of $362K, expenses of $380K, and assets of $204K (revenue +16.4% year-over-year).
2016: Revenue of $311K, expenses of $327K, and assets of $295K (revenue +41.8% year-over-year).
2015: Revenue of $219K, expenses of $314K, and assets of $246K (revenue -22.5% year-over-year).
2014: Revenue of $283K, expenses of $306K, and assets of $324K (revenue +2.6% year-over-year).
2013: Revenue of $276K, expenses of $239K, and assets of $351K (revenue -10.1% year-over-year).
2012: Revenue of $307K, expenses of $258K, and assets of $318K (revenue +14.3% year-over-year).
2011: Revenue of $269K, expenses of $237K, and assets of $268K.

Data Sources and Methodology

This transparency report for The South Boston Collaborative Center 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.