Tourism Cares Inc

Tourism Cares Inc. shows consistent program focus with no executive compensation, but faces recent operational deficits.

EIN: 202013457 · Canton, MA · NTEE: C123 · Updated: 2026-03-28

$1.4MRevenue
$1.2MAssets
85/100Mission Score (Excellent)
C123
Tourism Cares Inc Financial Summary
MetricValue
Total Revenue$1.4M
Total Expenses$1.5M
Program Spending75%
CEO/Top Officer Pay$1
Net Assets$1.0M
Transparency Score85/100

Search Intent Cockpit

Tourism Cares Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Tourism Cares Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Tourism Cares Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $1.3M and expenses of $1.5M.

Revenue and Expenses

Tourism Cares Inc reported $1.3M in revenue and $1.5M in expenses, a deficit of $221K.

Executive Compensation

Top officer compensation appears as $1 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

85/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.

Is Tourism Cares Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
75%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Tourism Cares Inc Expense Deployment
Program services$1.1M (75%)

Across stored filings, Tourism Cares Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Tourism Cares Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend75% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Joint Committee For Childrens Health Care In EverettMassachusetts and Environment context

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Tourism Cares Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Tourism Cares Inc

Tourism Cares Inc (EIN: 202013457) is a nonprofit organization based in Canton, MA, classified under NTEE code C123. The organization reported total revenue of $1.4M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tourism Cares Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Tourism Cares Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.3M
Total Expenses$1.5M
Surplus / Deficit$-220,618
Total Assets$1.4M
Total Liabilities$387K
Net Assets$1.0M
Operating Margin-17.5%
Debt-to-Asset Ratio27.3%
Months of Reserves11.5 months

Financial Health Grade: B

In 2023, Tourism Cares Inc reported a deficit of $221K with expenses exceeding revenue, holds 11.5 months of operating reserves (strong position), has a debt-to-asset ratio of 27.3% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Tourism Cares Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+19.5%+9.7%-9.4%
2022-10.0%+23.1%-27.2%
2021+27.9%-7.7%+23.2%
2020-33.0%-20.0%-14.3%
2019-15.4%-18.1%-0.4%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Tourism Cares Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. While the organization has experienced fluctuations in revenue and expenses over the past few years, with expenses exceeding revenue in 2023 ($1,484,375 vs. $1,263,757) and 2022 ($1,353,713 vs. $1,057,358), its asset base remains relatively stable, at $1,416,459 in 2023. The absence of reported officer compensation across all available filings indicates a strong dedication to directing funds towards organizational activities rather than executive salaries, which is a positive sign for transparency and donor confidence. However, the consistent deficit spending in recent years warrants closer examination to ensure long-term financial sustainability. The organization's financial health shows some variability. While assets have decreased from a high of $2,389,446 in 2017 to $1,416,459 in 2023, liabilities have generally remained manageable, with $387,031 in 2023. The consistent reporting of 0% officer compensation is a significant strength, indicating a highly efficient use of funds in this area. The organization's ability to manage its expenses relative to its revenue, particularly in years where expenses outpace income, will be crucial for its future stability. The detailed financial reporting through its 990 filings provides a good level of transparency for stakeholders. Spending efficiency appears to be a mixed bag. While the lack of executive compensation is excellent, the recurring operational deficits in recent years (e.g., $220,618 in 2023 and $296,355 in 2022) suggest that the organization is spending more than it earns. This trend, if continued, could impact its ability to sustain programs without drawing down reserves. However, the overall asset base, though declining, still provides some buffer. The organization's transparency is high due to the consistent filing of 990s and the clear indication of no officer compensation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tourism Cares Inc 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: 15%
  • programs: 75%
  • fundraising: 10%

According to IRS 990 filings, Tourism Cares Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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:

$1.3MTotal Revenue
$1.5MTotal Expenses
$1.4MTotal Assets
$387KTotal Liabilities
$1.0MNet Assets
  • The organization reported a deficit of $221K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 27.3%.

Executive Compensation Analysis

Tourism Cares Inc. consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no funds are allocated to executive salaries, which is highly commendable for an organization of its size with annual revenues exceeding $1 million.

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 Tourism Cares Inc's IRS 990 filings:

  • Consistent operational deficits in recent years (e.g., $220,618 in 2023, $296,355 in 2022)
  • Declining asset base over the past several years (from $2.3M in 2017 to $1.4M in 2023)

Strengths

The following positive indicators were identified for Tourism Cares Inc:

  • Zero officer compensation reported across all filings, indicating high efficiency in this area.
  • Consistent filing of IRS 990s, demonstrating transparency.
  • Maintains a significant asset base ($1,416,459 in 2023) despite recent deficits.

Frequently Asked Questions about Tourism Cares Inc

Is Tourism Cares Inc a legitimate charity?

Tourism Cares Inc (EIN: 202013457) 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: $1.4M. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Tourism Cares Inc spend its money?

Tourism Cares Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Tourism Cares Inc tax-deductible?

Tourism Cares Inc is registered as a tax-exempt nonprofit (EIN: 202013457). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Tourism Cares Inc CEO make?

Tourism Cares Inc's highest-compensated officer earns $1 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Tourism Cares Inc's spending goes to programs?

Tourism Cares Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Tourism Cares Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Tourism Cares Inc is above average for NTEE category C123 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Tourism Cares Inc located?

Tourism Cares Inc is headquartered in Canton, Massachusetts and files with the IRS under EIN 202013457. It is classified under NTEE code C123.

How many years of IRS 990 filings does Tourism Cares Inc have?

Tourism Cares 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 $1.4M in total revenue.

Is Tourism Cares Inc. financially sustainable given recent deficits?

Tourism Cares Inc. has experienced operational deficits in recent years, with expenses exceeding revenue by $220,618 in 2023 and $296,355 in 2022. While its asset base of $1,416,459 in 2023 provides some buffer, continued deficit spending could impact long-term sustainability if not addressed through increased revenue or expense management.

How does the lack of officer compensation impact the organization?

The consistent reporting of 0% officer compensation is a significant strength, indicating that all funds are directed towards the organization's mission and operations rather than executive salaries. This enhances donor trust and demonstrates a strong commitment to efficient resource allocation.

What is the trend in the organization's assets and liabilities?

The organization's assets have generally declined from a high of $2,389,446 in 2017 to $1,416,459 in 2023. Liabilities have fluctuated but remained relatively manageable, at $387,031 in 2023, which is higher than some previous years but not excessively high relative to assets.

Filing History

IRS 990 filing history for Tourism Cares Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Tourism Cares Inc's revenue has grown by 42%, moving from $890K to $1.3M. Total assets decreased by 39.4% over the same period, from $2.3M to $1.4M. Total functional expenses rose by 11.1%, from $1.3M to $1.5M. In its most recent filing year (2023), Tourism Cares Inc reported a deficit of $221K, with expenses exceeding revenue. The organization holds $387K in liabilities against $1.4M in assets (debt-to-asset ratio: 27.3%), resulting in net assets of $1.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.3M $1.5M $1.4M $387K View 990
2022 $1.1M $1.4M $1.6M $357K View 990
2021 $1.2M $1.1M $2.1M $407K View 990
2020 $918K $1.2M $1.7M $52K
2019 $1.4M $1.5M $2.0M $92K View 990
2018 $1.6M $1.8M $2.0M $123K View 990
2017 $2.1M $1.6M $2.4M $172K View 990
2016 $1.5M $1.5M $1.9M $85K View 990
2015 $1.7M $1.4M $2.4M $94K View 990
2014 $1.4M $1.4M $2.4M $91K View 990
2013 $1.3M $1.2M $2.6M $185K View 990
2012 $1.0M $1.3M $2.3M $231K View 990
2011 $890K $1.3M $2.3M $72K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.3M, expenses of $1.5M, and assets of $1.4M (revenue +19.5% year-over-year).
  • 2022: Revenue of $1.1M, expenses of $1.4M, and assets of $1.6M (revenue -10.0% year-over-year).
  • 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $2.1M (revenue +27.9% year-over-year).
  • 2020: Revenue of $918K, expenses of $1.2M, and assets of $1.7M (revenue -33.0% year-over-year).
  • 2019: Revenue of $1.4M, expenses of $1.5M, and assets of $2.0M (revenue -15.4% year-over-year).
  • 2018: Revenue of $1.6M, expenses of $1.8M, and assets of $2.0M (revenue -23.0% year-over-year).
  • 2017: Revenue of $2.1M, expenses of $1.6M, and assets of $2.4M (revenue +41.6% year-over-year).
  • 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $1.9M (revenue -14.4% year-over-year).
  • 2015: Revenue of $1.7M, expenses of $1.4M, and assets of $2.4M (revenue +20.6% year-over-year).
  • 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $2.4M (revenue +9.3% year-over-year).
  • 2013: Revenue of $1.3M, expenses of $1.2M, and assets of $2.6M (revenue +27.3% year-over-year).
  • 2012: Revenue of $1.0M, expenses of $1.3M, and assets of $2.3M (revenue +16.2% year-over-year).
  • 2011: Revenue of $890K, expenses of $1.3M, and assets of $2.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Tourism Cares Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Tourism Cares 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.

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