Tufts College Alumni Association Inc
Tufts College Alumni Association: Stable Finances, High Administrative Costs
EIN: 222509193 · Medford, MA · Updated: 2026-04-04
Is Tufts College Alumni Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tufts College Alumni Association Inc directs 30% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Tufts College Alumni Association Inc
Tufts College Alumni Association Inc (EIN: 222509193) is a nonprofit organization based in Medford, MA. The organization reported total revenue of $345K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tufts College Alumni Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tufts College Alumni Association Inc is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $307K |
| Total Expenses | $162K |
| Surplus / Deficit | +$145K |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | 47.3% |
| Months of Reserves | 94.9 months |
Financial Health Grade: A
In 2023, Tufts College Alumni Association Inc reported a surplus of $145K with revenue exceeding expenses, holds 94.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Tufts College Alumni Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.2% | -12.3% | +12.8% |
| 2022 | +4.3% | +169.7% | +8.3% |
| 2021 | +1.9% | -43.7% | +22.4% |
| 2020 | +5.2% | -45.6% | +18.5% |
| 2019 | -5.4% | -2.7% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Tufts College Alumni Association Inc with a Mission Score of 75 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: 53%
- programs: 30%
- fundraising: 17%
According to IRS 990 filings, Tufts College Alumni Association Inc allocates its expenses as follows: admin: 53%, programs: 30%, fundraising: 17%. Only 30% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $145K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, as 'x' represents total expenses rather than individual salaries.
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 Tufts College Alumni Association Inc's IRS 990 filings:
- High administrative expenses, consistently exceeding program spending, with 53% of spending in 2023 allocated to administration.
- Lack of detailed program descriptions or impact reports beyond financial summaries.
- Significant fluctuation in total expenses year-over-year (e.g., $68,406 in 2021 vs. $161,858 in 2023) without clear explanations.
Strengths
The following positive indicators were identified for Tufts College Alumni Association Inc:
- Consistent revenue generation over the past several years, indicating stable donor support.
- Healthy asset growth, increasing from $591,489 in 2016 to $1,280,311 in 2023, demonstrating financial stability.
- Long-standing organization with a clear mission to support Tufts College alumni.
Frequently Asked Questions about Tufts College Alumni Association Inc
Is Tufts College Alumni Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tufts College Alumni Association Inc (EIN: 222509193) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Tufts College Alumni Association Inc spend its money?
Tufts College Alumni Association Inc directs 30% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tufts College Alumni Association Inc tax-deductible?
Tufts College Alumni Association Inc is registered as a tax-exempt nonprofit (EIN: 222509193). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Tufts College Alumni Association Inc do?
Tufts College Alumni Association Inc is a nonprofit organization in the Unknown sector, located in Medford, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Tufts College Alumni Association Inc have?
Tufts College Alumni Association Inc reported total revenue of $344,708. Based on 13 IRS 990 filings on record.
What are Tufts College Alumni Association Inc's total assets?
Tufts College Alumni Association Inc holds total assets of $1,432,807 as reported in IRS 990 filings.
Where is Tufts College Alumni Association Inc located?
Tufts College Alumni Association Inc is based in Medford, Massachusetts.
What is Tufts College Alumni Association Inc's EIN?
Tufts College Alumni Association Inc's Employer Identification Number (EIN) is 222509193. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Tufts College Alumni Association Inc?
Tufts College Alumni Association Inc is classified under NTEE code Unknown (Unknown).
Is Tufts College Alumni Association Inc a registered 501(c)(3)?
Tufts College Alumni Association Inc appears in IRS records (EIN: 222509193). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Tufts College Alumni Association Inc file IRS Form 990?
Yes, Tufts College Alumni Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Tufts College Alumni Association Inc's revenue in 2023?
In the 202306 filing period, Tufts College Alumni Association Inc reported total revenue of $306,844, total expenses of $161,858, and net assets of $1,280,311.
Is Tufts College Alumni Association Inc's revenue growing or declining?
Tufts College Alumni Association Inc's revenue is growing. Revenue went from $271,107 (202206) to $306,844 (202306), a +13.2% change. Based on 13 filings on record.
What is Tufts College Alumni Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Tufts College Alumni Association Inc covers tax period 202306. It shows revenue of $306,844, expenses of $161,858, total assets of $1,280,311, and liabilities of N/A.
How much does Tufts College Alumni Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Tufts College Alumni Association Inc allocates approximately 30% of expenses to program services, 53% to administrative costs, and 17% to fundraising. Overhead costs appear high relative to program spending.
Is Tufts College Alumni Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Tufts College Alumni Association Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Tufts College Alumni Association Inc?
The following concerns were identified: High administrative expenses, consistently exceeding program spending, with 53% of spending in 2023 allocated to administration.. Lack of detailed program descriptions or impact reports beyond financial summaries.. Significant fluctuation in total expenses year-over-year (e.g., $68,406 in 2021 vs. $161,858 in 2023) without clear explanations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Tufts College Alumni Association Inc's strengths?
Positive indicators for Tufts College Alumni Association Inc include: Consistent revenue generation over the past several years, indicating stable donor support.. Healthy asset growth, increasing from $591,489 in 2016 to $1,280,311 in 2023, demonstrating financial stability.. Long-standing organization with a clear mission to support Tufts College alumni.. These findings are derived from AI analysis of the organization's financial filings.
How does Tufts College Alumni Association Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, as 'x' represents total expenses rather than individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the high administrative costs, what specific strategies are in place to optimize operational efficiency and reallocate more funds towards direct alumni programs?
The provided data does not detail specific strategies for cost optimization; further investigation into operational budgets and strategic plans would be necessary to answer this.
How does the organization measure the impact and effectiveness of its programs, especially considering the relatively lower percentage of spending on programs compared to administration?
The available financial filings do not include metrics for program impact or effectiveness, suggesting a need for more comprehensive reporting in this area.
Filing History
IRS 990 filing history for Tufts College Alumni Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tufts College Alumni Association Inc's revenue has grown by 814.6%, moving from $34K to $307K. Total assets increased by 417.2% over the same period, from $248K to $1.3M. Total functional expenses rose by 704.9%, from $20K to $162K. In its most recent filing year (2023), Tufts College Alumni Association Inc reported a surplus of $145K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $307K | $162K | $1.3M | $0 | — | View 990 |
| 2022 | $271K | $185K | $1.1M | $0 | — | View 990 |
| 2021 | $260K | $68K | $1.0M | $0 | — | View 990 |
| 2020 | $255K | $121K | $857K | $0 | — | View 990 |
| 2019 | $243K | $223K | $723K | $0 | — | View 990 |
| 2018 | $256K | $229K | $704K | $0 | — | View 990 |
| 2017 | $284K | $198K | $677K | $0 | — | View 990 |
| 2016 | $258K | $258K | $591K | $0 | — | View 990 |
| 2015 | $250K | $197K | $592K | $0 | — | View 990 |
| 2014 | $233K | $212K | $538K | $0 | — | View 990 |
| 2013 | $234K | $138K | $517K | $0 | — | View 990 |
| 2012 | $42K | $25K | $265K | $0 | — | View 990 |
| 2011 | $34K | $20K | $248K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $307K, expenses of $162K, and assets of $1.3M (revenue +13.2% year-over-year).
- 2022: Revenue of $271K, expenses of $185K, and assets of $1.1M (revenue +4.3% year-over-year).
- 2021: Revenue of $260K, expenses of $68K, and assets of $1.0M (revenue +1.9% year-over-year).
- 2020: Revenue of $255K, expenses of $121K, and assets of $857K (revenue +5.2% year-over-year).
- 2019: Revenue of $243K, expenses of $223K, and assets of $723K (revenue -5.4% year-over-year).
- 2018: Revenue of $256K, expenses of $229K, and assets of $704K (revenue -9.6% year-over-year).
- 2017: Revenue of $284K, expenses of $198K, and assets of $677K (revenue +10.1% year-over-year).
- 2016: Revenue of $258K, expenses of $258K, and assets of $591K (revenue +2.9% year-over-year).
- 2015: Revenue of $250K, expenses of $197K, and assets of $592K (revenue +7.5% year-over-year).
- 2014: Revenue of $233K, expenses of $212K, and assets of $538K (revenue -0.3% year-over-year).
- 2013: Revenue of $234K, expenses of $138K, and assets of $517K (revenue +452.7% year-over-year).
- 2012: Revenue of $42K, expenses of $25K, and assets of $265K (revenue +26.1% year-over-year).
- 2011: Revenue of $34K, expenses of $20K, and assets of $248K.
Data Sources and Methodology
This transparency report for Tufts College Alumni Association 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.