B โ€” EducationEIN: 042162427ยท Ruling Year: 1986

Independent Association Of Framingham State Alumni

Framingham, Massachusetts

B+Health Score
74B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$266K
Total Revenue
๐Ÿ“Š
$228K
Total Expenses
๐Ÿฆ
$2.0M
Net Assets
๐Ÿ“‹
$119K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-23.5%
Year-over-year change (2023 โ†’ 2024)
Net Margin
+14.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.99
Net assets divided by total expenses
Liabilities-to-Assets
5.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$265,850โ†“24%$227,624โ†“13%$2,165,224โ†‘2%
2023$347,666$262,815โ†“8%$2,124,503โ†“3%
2022$346,717โ†‘60%$285,548โ†‘38%$2,184,371โ†“11%
2021$216,511โ†‘56%$207,630โ†“20%$2,448,853โ†‘23%
2020$138,579โ†“41%$260,944$1,992,027โ†“11%
2019$233,597โ†“12%$261,339โ†‘11%$2,238,574โ†“3%
2018$264,411โ†‘70%$235,293โ†‘15%$2,309,158โ†‘1%
2017$155,668โ†‘6%$203,718โ†“12%$2,282,113โ†‘4%
2016$146,380โ†“33%$230,866โ†‘2%$2,198,204โ†“11%
2015$217,747โ†‘15%$226,023โ†‘1%$2,459,689โ†‘1%
2014$189,534โ†“22%$222,782โ†‘11%$2,431,095โ†‘2%
2013$242,566โ†“17%$200,941โ†‘8%$2,376,758โ†‘4%
2012$291,686$186,911$2,280,526

Frequently Asked Questions

What does Independent Association Of Framingham State Alumni do?โ–ผ

Independent Association Of Framingham State Alumni is a education nonprofit organization based in Massachusetts. It is classified under NTEE code B84Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Independent Association Of Framingham State Alumni financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Independent Association Of Framingham State Alumni has a score of 74/100 (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 Independent Association Of Framingham State Alumni generate?โ–ผ

Independent Association Of Framingham State Alumni reports $387K in annual revenue and holds $2.1M in total assets, based on IRS filings.

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Independent Association Of Framingham State Alumni โ€” Framingham, MA | GiveScope