Veterans Of Foreign Wars Department Of Massachusetts
EIN: 46126797 · Billerica, MA
About Veterans Of Foreign Wars Department Of Massachusetts
Veterans Of Foreign Wars Department Of Massachusetts (EIN: 46126797) is a nonprofit organization based in Billerica, MA. The organization reported total revenue of $334K and total assets of $261K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Of Foreign Wars Department Of Massachusetts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Veterans Of Foreign Wars Department Of Massachusetts has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Veterans Of Foreign Wars Department Of Massachusetts with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Filing History
IRS 990 filing history for Veterans Of Foreign Wars Department Of Massachusetts showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Veterans Of Foreign Wars Department Of Massachusetts's revenue has declined by 11.9%, moving from $283K to $249K. Total assets increased by 28.8% over the same period, from $203K to $261K. Total functional expenses rose by 3.9%, from $279K to $290K. In its most recent filing year (2018), Veterans Of Foreign Wars Department Of Massachusetts reported a deficit of $41K, with expenses exceeding revenue. The organization holds $184K in liabilities against $261K in assets (debt-to-asset ratio: 70.3%), resulting in net assets of $78K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2018 | $249K | $290K | $261K | $184K | — | View 990 |
| 2017 | $306K | $284K | $308K | $190K | — | View 990 |
| 2016 | $299K | $261K | $293K | $197K | — | View 990 |
| 2015 | $302K | $270K | $250K | $192K | — | View 990 |
| 2014 | $293K | $262K | $221K | $196K | — | View 990 |
| 2013 | $281K | $254K | $201K | $207K | — | View 990 |
| 2012 | $256K | $282K | $173K | $206K | — | View 990 |
| 2011 | $283K | $279K | $203K | $210K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $249K, expenses of $290K, and assets of $261K (revenue -18.7% year-over-year).
- 2017: Revenue of $306K, expenses of $284K, and assets of $308K (revenue +2.4% year-over-year).
- 2016: Revenue of $299K, expenses of $261K, and assets of $293K (revenue -0.9% year-over-year).
- 2015: Revenue of $302K, expenses of $270K, and assets of $250K (revenue +3.0% year-over-year).
- 2014: Revenue of $293K, expenses of $262K, and assets of $221K (revenue +4.2% year-over-year).
- 2013: Revenue of $281K, expenses of $254K, and assets of $201K (revenue +9.9% year-over-year).
- 2012: Revenue of $256K, expenses of $282K, and assets of $173K (revenue -9.4% year-over-year).
- 2011: Revenue of $283K, expenses of $279K, and assets of $203K.
Data Sources and Methodology
This transparency report for Veterans Of Foreign Wars Department Of Massachusetts 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.