ZUnclassifiedEIN: 041662000· Ruling Year: 1939

Northeast Gas Association Inc

Westborough, Massachusetts

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.32×
Peer Median5.86×
💰
$21.7M
Total Revenue
📊
$22.1M
Total Expenses
🏦
$7.1M
Net Assets
📋
$7.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.5%
Year-over-year change (2022 → 2023)
Net Margin
-1.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.32
Net assets divided by total expenses
Liabilities-to-Assets
51.9%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$21,715,53412%$22,110,27115%$14,808,377
2022$19,306,05410%$19,209,95710%$14,873,4346%
2021$17,592,5606%$17,500,3712%$15,830,31215%
2020$16,604,71210%$17,179,0085%$13,781,6093%
2019$18,443,44735%$18,134,33539%$14,183,9137%
2018$13,655,82414%$13,070,18014%$15,257,40814%
2017$15,803,62426%$15,214,93333%$13,364,0006%
2016$12,509,9562%$11,407,4158%$12,598,5963%
2015$12,321,83916%$10,555,9849%$12,186,1882%
2014$10,584,8878%$9,675,9144%$11,963,95821%
2013$9,778,88216%$9,340,94212%$9,857,4766%
2012$11,590,97333%$10,589,99024%$9,297,97214%
2011$8,707,9662%$8,558,4142%$8,154,6004%
2010$8,877,818$8,361,153$7,805,268

Frequently Asked Questions

What does Northeast Gas Association Inc do?

Northeast Gas Association Inc is a unclassified nonprofit organization based in Massachusetts. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northeast Gas Association Inc financially healthy?

Based on our 9-metric Financial Health Score model, Northeast Gas Association Inc has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Northeast Gas Association Inc generate?

Northeast Gas Association Inc reports $21.8M in annual revenue and holds $14.5M in total assets, based on IRS filings.

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