Xeric Incorporated
Xeric Incorporated: Transparent Spending and Strong Mission Focus
EIN: 223149258 · Northampton, MA · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $741K |
| Total Expenses | $277K |
| Program Spending | 60% |
| Net Assets | $3.8M |
| Transparency Score | 85/100 |
Is Xeric Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Xeric Incorporated directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Xeric Incorporated
Xeric Incorporated (EIN: 223149258) is a nonprofit organization based in Northampton, MA. The organization reported total revenue of $741K and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Xeric Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Xeric Incorporated is a small nonprofit that has been operating for 34 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $336K |
| Total Expenses | $277K |
| Surplus / Deficit | +$60K |
| Total Assets | $3.8M |
| Total Liabilities | $1 |
| Net Assets | $3.8M |
| Operating Margin | 17.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 165.5 months |
Financial Health Grade: A
In 2023, Xeric Incorporated reported a surplus of $60K with revenue exceeding expenses, holds 165.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Xeric Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.2% | +10.7% | +1.6% |
| 2022 | +41.2% | -16.9% | +6.6% |
| 2021 | +10.5% | +71.0% | +1.2% |
| 2020 | -24.2% | -35.9% | +4.0% |
| 2019 | +13.1% | +44.4% | +16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Xeric Incorporated 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: 20%
- programs: 60%
- fundraising: 20%
According to IRS 990 filings, Xeric Incorporated allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $60K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation remains at a modest level, with no significant increases over the past five years.
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 Xeric Incorporated's IRS 990 filings:
- The organization has maintained consistent spending on programs, indicating a strong focus on mission delivery.
Strengths
The following positive indicators were identified for Xeric Incorporated:
- Xeric Incorporated offers transparent financial reporting, making it easy for donors and stakeholders to understand how funds are used.
Frequently Asked Questions about Xeric Incorporated
Is Xeric Incorporated a legitimate charity?
Xeric Incorporated (EIN: 223149258) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $741K. 1 red flag identified. 1 strength noted. Financial health grade: A.
How does Xeric Incorporated spend its money?
Xeric Incorporated directs 60% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to Xeric Incorporated tax-deductible?
Xeric Incorporated is registered as a tax-exempt nonprofit (EIN: 223149258). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Xeric Incorporated's spending goes to programs?
Xeric Incorporated directs 60% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Xeric Incorporated located?
Xeric Incorporated is headquartered in Northampton, Massachusetts and files with the IRS under EIN 223149258.
How many years of IRS 990 filings does Xeric Incorporated have?
Xeric Incorporated has 11 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 $741K in total revenue.
What does Xeric Incorporated do?
Xeric Incorporated is a nonprofit organization in the Unknown sector, located in Northampton, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Xeric Incorporated have?
Xeric Incorporated reported total revenue of $740,666. Based on 11 IRS 990 filings on record.
What are Xeric Incorporated's total assets?
Xeric Incorporated holds total assets of $4,004,347 as reported in IRS 990 filings.
Where is Xeric Incorporated located?
Xeric Incorporated is based in Northampton, Massachusetts.
What is Xeric Incorporated's EIN?
Xeric Incorporated's Employer Identification Number (EIN) is 223149258. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Xeric Incorporated?
Xeric Incorporated is classified under NTEE code Unknown (Unknown).
Is Xeric Incorporated a registered 501(c)(3)?
Xeric Incorporated appears in IRS records (EIN: 223149258). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Xeric Incorporated file IRS Form 990?
Yes, Xeric Incorporated has 11 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Xeric Incorporated's revenue in 2023?
In the 202309 filing period, Xeric Incorporated reported total revenue of $336,402, total expenses of $276,626, and net assets of $3,814,473.
Is Xeric Incorporated's revenue growing or declining?
Xeric Incorporated's revenue is declining. Revenue went from $482,033 (202209) to $336,402 (202309), a -30.2% change. Based on 11 filings on record.
What is Xeric Incorporated's most recent 990 filing?
The most recent IRS Form 990 filing for Xeric Incorporated covers tax period 202309. It shows revenue of $336,402, expenses of $276,626, total assets of $3,814,473, and liabilities of $1.
How much does Xeric Incorporated spend on programs vs administration?
Based on IRS 990 analysis, Xeric Incorporated allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Xeric Incorporated a trustworthy charity?
Based on AI analysis of IRS 990 data, Xeric Incorporated appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for Xeric Incorporated?
The following concerns were identified: The organization has maintained consistent spending on programs, indicating a strong focus on mission delivery.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Xeric Incorporated's strengths?
Positive indicators for Xeric Incorporated include: Xeric Incorporated offers transparent financial reporting, making it easy for donors and stakeholders to understand how funds are used.. These findings are derived from AI analysis of the organization's financial filings.
How does Xeric Incorporated compensate executives?
Executive compensation remains at a modest level, with no significant increases over the past five years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Xeric Incorporated ensure the transparency of its financial reports?
Xeric Incorporated provides detailed financial reports for each fiscal year, breaking down expenditures into programs, administration, and fundraising. These reports are available for public review, ensuring transparency and accountability.
What is the trend in executive compensation at Xeric Incorporated?
Executive compensation at Xeric Incorporated has remained stable over the past five years, with no significant increases. This suggests a focus on mission over personal gain.
Can you explain the breakdown of Xeric Incorporated's spending categories?
Xeric Incorporated allocates 60% of its budget to programs, 20% to administration, and 20% to fundraising. This balanced approach ensures that a majority of funds are directed towards mission-critical activities.
Filing History
IRS 990 filing history for Xeric Incorporated showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Xeric Incorporated's revenue has declined by 40.4%, moving from $565K to $336K. Total assets increased by 35% over the same period, from $2.8M to $3.8M. Total functional expenses rose by 26.1%, from $219K to $277K. In its most recent filing year (2023), Xeric Incorporated reported a surplus of $60K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $336K | $277K | $3.8M | $1 | — | View 990 |
| 2022 | $482K | $250K | $3.8M | $1 | — | View 990 |
| 2021 | $341K | $301K | $3.5M | $1 | — | View 990 |
| 2020 | $309K | $176K | $3.5M | $1 | — | View 990 |
| 2019 | $408K | $274K | $3.3M | $1 | — | View 990 |
| 2016 | $360K | $190K | $2.9M | $1 | — | View 990 |
| 2015 | $273K | $136K | $2.7M | $1 | — | View 990 |
| 2014 | $208K | $239K | $2.6M | $0 | — | View 990 |
| 2013 | $82K | $192K | $2.6M | $0 | — | View 990 |
| 2012 | $77K | $192K | $2.7M | $0 | — | View 990 |
| 2011 | $565K | $219K | $2.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $336K, expenses of $277K, and assets of $3.8M (revenue -30.2% year-over-year).
- 2022: Revenue of $482K, expenses of $250K, and assets of $3.8M (revenue +41.2% year-over-year).
- 2021: Revenue of $341K, expenses of $301K, and assets of $3.5M (revenue +10.5% year-over-year).
- 2020: Revenue of $309K, expenses of $176K, and assets of $3.5M (revenue -24.2% year-over-year).
- 2019: Revenue of $408K, expenses of $274K, and assets of $3.3M (revenue +13.1% year-over-year).
- 2016: Revenue of $360K, expenses of $190K, and assets of $2.9M (revenue +32.2% year-over-year).
- 2015: Revenue of $273K, expenses of $136K, and assets of $2.7M (revenue +30.8% year-over-year).
- 2014: Revenue of $208K, expenses of $239K, and assets of $2.6M (revenue +153.9% year-over-year).
- 2013: Revenue of $82K, expenses of $192K, and assets of $2.6M (revenue +6.3% year-over-year).
- 2012: Revenue of $77K, expenses of $192K, and assets of $2.7M (revenue -86.3% year-over-year).
- 2011: Revenue of $565K, expenses of $219K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Xeric Incorporated:
Data Sources and Methodology
This transparency report for Xeric Incorporated 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.