Association of Independent Colleges & Univ In Massachusetts Inc
501(c)(6)
Only null% goes to programs Strong reserves
Association of Independent Colleges & Univ In Massachusetts Inc is a 501(c)(6) organization based in Belmont, Massachusetts, registered in 1977, with $1,637,282 in FY2024 revenue. CharityIndex grades it B.
5 Brighton St, Belmont, MA, 02478 EIN 04-2546632 Since 1977
Revenue (FY2024)
$1.6M
▲ 0.2% vs prior year
Expenses (FY2024)
$1.6M
Net assets
$1.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Association of Independent Colleges & Univ In Massachusetts Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Association of Independent Colleges & Univ In Massachusetts Inc: 10 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Association of Independent Colleges & Univ In Massachusetts Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Association of Independent Colleges & Univ In Massachusetts Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 5 Brighton St, Belmont, MA, 02478
- City
- Belmont
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $94K (FY2009) to $1.6M (FY2024) across 13 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $59KNet assets $1.4M
Operating margin
1.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$59K
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,637,282▲0.2% | $1,613,361▲3.6% | $1,363,862▲1.8% | $1,422,726▲1.4% | 990 |
| 2023 | $1,633,909▲2.5% | $1,556,699▼3.0% | $1,339,941▲6.1% | $1,402,610▲6.1% | 990 |
| 2022 | $1,594,316▲3.3% | $1,604,512▲49.9% | $1,262,731▼0.8% | $1,321,718▼4.6% | 990 |
| 2021 | $1,542,960▼8.2% | $1,070,250▼31.6% | $1,272,927▲59.1% | $1,385,327▲24.9% | 990 |
| 2020 | $1,680,737▲1.1% | $1,565,006▲3.4% | $800,217▲16.9% | $1,109,037▲21.2% | 990 |
| 2019 | $1,663,177▲16.4% | $1,512,919▲5.6% | $684,486▲28.1% | $915,127▲67.0% | 990 |
| 2018 | $1,428,714▲1.9% | $1,432,610▲2.3% | $534,228▼0.7% | $548,016▼1.8% | 990 |
| 2017 | $1,401,616▼0.4% | $1,399,871▼0.7% | $538,124▲0.3% | $558,012▼2.3% | 990 |
| 2016 | $1,407,686▲3.3% | $1,409,962▲5.6% | $536,379▼0.4% | $570,967▲3.6% | 990 |
| 2015 | $1,362,543▲3.0% | $1,335,523▲0.5% | $538,656▲5.3% | $551,091▲1.7% | 990 |
| 2014 | $1,322,937▼0.4% | $1,328,293▼3.4% | $511,635▼1.0% | $542,055▼3.7% | 990 |
| 2013 | $1,328,315 | $1,374,380▲32.4% | $516,991▼8.2% | $562,960▼0.8% | 990 |
| 2012 | — | $1,038,263▲8.1% | $563,056▲50.6% | $567,656▲29.9% | 990 |
| 2011 | — | $960,779▲571% | $373,978▲240% | $437,005▲220% | 990 |
| 2009 | $93,911 | $143,143 | $110,010 | $136,601 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Association of Independent Colleges & Univ In Massachusetts Inc a legitimate nonprofit?
- Yes. Association of Independent Colleges & Univ In Massachusetts Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 04-2546632, based in Belmont, Massachusetts.
- What is Association of Independent Colleges & Univ In Massachusetts Inc's EIN?
- Association of Independent Colleges & Univ In Massachusetts Inc's Employer Identification Number (EIN) is 04-2546632.
- How much revenue does Association of Independent Colleges & Univ In Massachusetts Inc report?
- Association of Independent Colleges & Univ In Massachusetts Inc reported $1,637,282 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Association of Independent Colleges & Univ In Massachusetts Inc have?
- CharityIndex grades Association of Independent Colleges & Univ In Massachusetts Inc B, based on financial health (reserves and operating margin).
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Data for Association of Independent Colleges & Univ In Massachusetts Inc (EIN 04-2546632) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.