Tufts Medicine Care At Home Parent Inc
Tufts Medicine Care At Home Parent Inc: Revenue Volatility Amidst Stable Assets
EIN: 222587225 · Lawrence, MA · NTEE: E120 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $2.6M |
| Program Spending | 70% |
| Net Assets | $109.4M |
| Transparency Score | 65/100 |
Is Tufts Medicine Care At Home Parent Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tufts Medicine Care At Home Parent Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Tufts Medicine Care At Home Parent Inc
Tufts Medicine Care At Home Parent Inc (EIN: 222587225) is a nonprofit organization based in Lawrence, MA, classified under NTEE code E120. The organization reported total revenue of $1.6M and total assets of $93.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tufts Medicine Care At Home Parent Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tufts Medicine Care At Home Parent Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -124.9% | -44.0% | -4.2% |
| 2022 | -60.4% | +21.4% | +5.2% |
| 2021 | +118.5% | -10.2% | +2.8% |
| 2020 | +19.3% | -8.1% | +2.8% |
| 2019 | -4.7% | +15.9% | +10.5% |
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 Medicine Care At Home Parent Inc with a Mission Score of 65 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: 70%
- fundraising: 15%
According to IRS 990 filings, Tufts Medicine Care At Home Parent Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 5.2%.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the given financial data, preventing a specific assessment of 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 Medicine Care At Home Parent Inc's IRS 990 filings:
- A drastic 90% drop in revenue from $16,042,390 in 2021 to $1,608,108 in 2023 raises concerns about the sustainability of operations or a significant change in reporting structure.
- The lack of detailed expense breakdowns beyond total expenses makes it difficult to assess the efficiency of program spending versus administrative and fundraising costs.
Strengths
The following positive indicators were identified for Tufts Medicine Care At Home Parent Inc:
- The organization maintains a strong asset base, with total assets consistently above $93 million, providing a buffer against revenue fluctuations.
- Liabilities have remained relatively low compared to assets, indicating good financial health and limited debt burden.
Frequently Asked Questions about Tufts Medicine Care At Home Parent Inc
Is Tufts Medicine Care At Home Parent Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tufts Medicine Care At Home Parent Inc (EIN: 222587225) some concerns. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
How does Tufts Medicine Care At Home Parent Inc spend its money?
Tufts Medicine Care At Home Parent Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tufts Medicine Care At Home Parent Inc tax-deductible?
Tufts Medicine Care At Home Parent Inc is registered as a tax-exempt nonprofit (EIN: 222587225). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tufts Medicine Care At Home Parent Inc's spending goes to programs?
Tufts Medicine Care At Home Parent Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Tufts Medicine Care At Home Parent Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Tufts Medicine Care At Home Parent Inc is above average for NTEE category E120 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tufts Medicine Care At Home Parent Inc located?
Tufts Medicine Care At Home Parent Inc is headquartered in Lawrence, Massachusetts and files with the IRS under EIN 222587225. It is classified under NTEE code E120.
How many years of IRS 990 filings does Tufts Medicine Care At Home Parent Inc have?
Tufts Medicine Care At Home Parent 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 $1.6M in total revenue.
What does Tufts Medicine Care At Home Parent Inc do?
Tufts Medicine Care At Home Parent Inc is a nonprofit organization in the Health Care sector, located in Lawrence, Massachusetts. It is classified under NTEE code E120.
How much revenue does Tufts Medicine Care At Home Parent Inc have?
Tufts Medicine Care At Home Parent Inc reported total revenue of $1,608,108. Based on 13 IRS 990 filings on record.
What are Tufts Medicine Care At Home Parent Inc's total assets?
Tufts Medicine Care At Home Parent Inc holds total assets of $93,858,256 as reported in IRS 990 filings.
Where is Tufts Medicine Care At Home Parent Inc located?
Tufts Medicine Care At Home Parent Inc is based in Lawrence, Massachusetts.
What is Tufts Medicine Care At Home Parent Inc's EIN?
Tufts Medicine Care At Home Parent Inc's Employer Identification Number (EIN) is 222587225. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Tufts Medicine Care At Home Parent Inc?
Tufts Medicine Care At Home Parent Inc is classified under NTEE code E120 (Health Care).
Is Tufts Medicine Care At Home Parent Inc a registered 501(c)(3)?
Yes, Tufts Medicine Care At Home Parent Inc is recognized as a tax-exempt organization by the IRS. EIN: 222587225.
Does Tufts Medicine Care At Home Parent Inc file IRS Form 990?
Yes, Tufts Medicine Care At Home Parent Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Tufts Medicine Care At Home Parent Inc's revenue in 2023?
In the 202309 filing period, Tufts Medicine Care At Home Parent Inc reported total revenue of $-1,582,436, total expenses of $2,614,138, and net assets of $115,380,087.
Is Tufts Medicine Care At Home Parent Inc's revenue growing or declining?
Tufts Medicine Care At Home Parent Inc's revenue is declining. Revenue went from $6,356,514 (202209) to $-1,582,436 (202309), a -124.9% change. Based on 13 filings on record.
What is Tufts Medicine Care At Home Parent Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Tufts Medicine Care At Home Parent Inc covers tax period 202309. It shows revenue of $-1,582,436, expenses of $2,614,138, total assets of $115,380,087, and liabilities of $5,972,312.
How much does Tufts Medicine Care At Home Parent Inc spend on programs vs administration?
Based on IRS 990 analysis, Tufts Medicine Care At Home Parent Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Tufts Medicine Care At Home Parent Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Tufts Medicine Care At Home Parent Inc shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Tufts Medicine Care At Home Parent Inc?
The following concerns were identified: A drastic 90% drop in revenue from $16,042,390 in 2021 to $1,608,108 in 2023 raises concerns about the sustainability of operations or a significant change in reporting structure.. The lack of detailed expense breakdowns beyond total expenses makes it difficult to assess the efficiency of program spending versus administrative and fundraising costs.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Tufts Medicine Care At Home Parent Inc's strengths?
Positive indicators for Tufts Medicine Care At Home Parent Inc include: The organization maintains a strong asset base, with total assets consistently above $93 million, providing a buffer against revenue fluctuations.. Liabilities have remained relatively low compared to assets, indicating good financial health and limited debt burden.. These findings are derived from AI analysis of the organization's financial filings.
How does Tufts Medicine Care At Home Parent Inc compensate executives?
Executive compensation details are not explicitly provided in the given financial data, preventing a specific assessment of individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What caused the dramatic decrease in revenue from $16,042,390 in 2021 to $1,608,108 in 2023, and how does the organization plan to address this trend?
The provided data does not specify the reasons for this significant revenue decline. It could be due to changes in funding models, service offerings, or reporting methodologies. Further investigation into the organization's operational reports would be necessary to understand and address this trend.
Filing History
IRS 990 filing history for Tufts Medicine Care At Home Parent Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tufts Medicine Care At Home Parent Inc's revenue has declined by 195.2%, moving from $1.7M to $-1,582,436. Total assets increased by 93.8% over the same period, from $59.5M to $115.4M. Total functional expenses fell by 23.1%, from $3.4M to $2.6M. The organization holds $6.0M in liabilities against $115.4M in assets (debt-to-asset ratio: 5.2%), resulting in net assets of $109.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-1,582,436 | $2.6M | $115.4M | $6.0M | — | View 990 |
| 2022 | $6.4M | $4.7M | $120.5M | $6.3M | — | View 990 |
| 2021 | $16.0M | $3.8M | $114.6M | $1.5M | — | View 990 |
| 2020 | $7.3M | $4.3M | $111.4M | $8.8M | — | — |
| 2019 | $6.2M | $4.7M | $108.4M | $8.9M | — | View 990 |
| 2018 | $6.5M | $4.0M | $98.0M | $5.9M | — | View 990 |
| 2017 | $11.6M | $3.4M | $93.1M | $3.4M | — | View 990 |
| 2016 | $10.5M | $3.5M | $83.9M | $2.4M | — | View 990 |
| 2015 | $-613,019 | $3.6M | $77.5M | $3.0M | — | View 990 |
| 2014 | $8.6M | $3.5M | $82.7M | $4.0M | — | View 990 |
| 2013 | $9.8M | $3.5M | $78.4M | $4.8M | — | View 990 |
| 2012 | $11.6M | $3.5M | $69.5M | $2.2M | — | View 990 |
| 2011 | $1.7M | $3.4M | $59.5M | $353K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-1,582,436, expenses of $2.6M, and assets of $115.4M (revenue -124.9% year-over-year).
- 2022: Revenue of $6.4M, expenses of $4.7M, and assets of $120.5M (revenue -60.4% year-over-year).
- 2021: Revenue of $16.0M, expenses of $3.8M, and assets of $114.6M (revenue +118.5% year-over-year).
- 2020: Revenue of $7.3M, expenses of $4.3M, and assets of $111.4M (revenue +19.3% year-over-year).
- 2019: Revenue of $6.2M, expenses of $4.7M, and assets of $108.4M (revenue -4.7% year-over-year).
- 2018: Revenue of $6.5M, expenses of $4.0M, and assets of $98.0M (revenue -44.4% year-over-year).
- 2017: Revenue of $11.6M, expenses of $3.4M, and assets of $93.1M (revenue +10.7% year-over-year).
- 2016: Revenue of $10.5M, expenses of $3.5M, and assets of $83.9M.
- 2015: Revenue of $-613,019, expenses of $3.6M, and assets of $77.5M (revenue -107.1% year-over-year).
- 2014: Revenue of $8.6M, expenses of $3.5M, and assets of $82.7M (revenue -12.7% year-over-year).
- 2013: Revenue of $9.8M, expenses of $3.5M, and assets of $78.4M (revenue -15.2% year-over-year).
- 2012: Revenue of $11.6M, expenses of $3.5M, and assets of $69.5M (revenue +596.9% year-over-year).
- 2011: Revenue of $1.7M, expenses of $3.4M, and assets of $59.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tufts Medicine Care At Home Parent Inc:
Data Sources and Methodology
This transparency report for Tufts Medicine Care At Home Parent 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.