Ywam Boston Inc
EIN: 260226383 · Somerville, MA · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Net Assets | $238K |
Is Ywam Boston Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ywam Boston Inc
Ywam Boston Inc (EIN: 260226383) is a nonprofit organization based in Somerville, MA, classified under NTEE code X20. The organization reported total revenue of $1.3M and total assets of $696K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ywam Boston Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ywam Boston Inc is a mid-size nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-53,555 |
| Total Assets | $867K |
| Total Liabilities | $630K |
| Net Assets | $238K |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 72.6% |
| Months of Reserves | 8.8 months |
Financial Health Grade: C
In 2023, Ywam Boston Inc reported a deficit of $54K with expenses exceeding revenue, holds 8.8 months of operating reserves (strong position), has a debt-to-asset ratio of 72.6% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Ywam Boston Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.1% | -8.8% | +193.1% |
| 2022 | +28.2% | +34.5% | -8.9% |
| 2020 | -1.0% | -4.0% | +2.8% |
| 2019 | +10.3% | +17.8% | -2.0% |
| 2018 | +15.1% | +5.2% | +16.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ywam Boston Inc 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 Ywam Boston Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $54K, with expenses exceeding revenue.
- Debt-to-asset ratio: 72.6%.
Frequently Asked Questions about Ywam Boston Inc
Is Ywam Boston Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ywam Boston Inc (EIN: 260226383) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ywam Boston Inc spend its money?
Detailed spending breakdown data is not yet available for Ywam Boston Inc. Check back for updated IRS 990 analysis.
Are donations to Ywam Boston Inc tax-deductible?
Ywam Boston Inc is registered as a tax-exempt nonprofit (EIN: 260226383). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ywam Boston Inc located?
Ywam Boston Inc is headquartered in Somerville, Massachusetts and files with the IRS under EIN 260226383. It is classified under NTEE code X20.
How many years of IRS 990 filings does Ywam Boston Inc have?
Ywam Boston Inc has 12 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Ywam Boston Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Ywam Boston Inc's revenue has grown by 103.6%, moving from $557K to $1.1M. Total assets increased by 865.6% over the same period, from $90K to $867K. Total functional expenses rose by 107%, from $574K to $1.2M. In its most recent filing year (2023), Ywam Boston Inc reported a deficit of $54K, with expenses exceeding revenue. The organization holds $630K in liabilities against $867K in assets (debt-to-asset ratio: 72.6%), resulting in net assets of $238K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.2M | $867K | $630K | — | — |
| 2022 | $1.3M | $1.3M | $296K | $5K | — | View 990 |
| 2020 | $984K | $968K | $325K | $12K | — | View 990 |
| 2019 | $994K | $1.0M | $316K | $19K | — | View 990 |
| 2018 | $901K | $856K | $322K | $11K | — | View 990 |
| 2017 | $783K | $814K | $277K | $10K | — | View 990 |
| 2016 | $783K | $760K | $309K | $12K | — | View 990 |
| 2015 | $653K | $614K | $279K | $4K | — | View 990 |
| 2014 | $570K | $557K | $249K | $12K | — | View 990 |
| 2013 | $469K | $440K | $228K | $7K | — | View 990 |
| 2012 | $628K | $516K | $199K | $6K | — | View 990 |
| 2011 | $557K | $574K | $90K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.2M, and assets of $867K (revenue -10.1% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $296K (revenue +28.2% year-over-year).
- 2020: Revenue of $984K, expenses of $968K, and assets of $325K (revenue -1.0% year-over-year).
- 2019: Revenue of $994K, expenses of $1.0M, and assets of $316K (revenue +10.3% year-over-year).
- 2018: Revenue of $901K, expenses of $856K, and assets of $322K (revenue +15.1% year-over-year).
- 2017: Revenue of $783K, expenses of $814K, and assets of $277K (revenue +0.0% year-over-year).
- 2016: Revenue of $783K, expenses of $760K, and assets of $309K (revenue +19.8% year-over-year).
- 2015: Revenue of $653K, expenses of $614K, and assets of $279K (revenue +14.6% year-over-year).
- 2014: Revenue of $570K, expenses of $557K, and assets of $249K (revenue +21.7% year-over-year).
- 2013: Revenue of $469K, expenses of $440K, and assets of $228K (revenue -25.4% year-over-year).
- 2012: Revenue of $628K, expenses of $516K, and assets of $199K (revenue +12.7% year-over-year).
- 2011: Revenue of $557K, expenses of $574K, and assets of $90K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ywam Boston Inc:
Data Sources and Methodology
This transparency report for Ywam Boston 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.