New England Association of Schools & Colleges Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
New England Association of Schools & Colleges Inc is a 501(c)(3) organization based in Lowell, Massachusetts, registered in 1944, with $8,135,598 in FY2023 revenue. CharityIndex grades it B.
1115 Westford St Ste 3, Lowell, MA, 01851 EIN 04-6112618 Since 1944
Revenue (FY2023)
$8.1M
▲ 8.7% vs prior year
Expenses (FY2023)
$8.5M
Net assets
$11.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 New England Association of Schools & Colleges Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating16 mo reserves · -4% 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 New England Association of Schools & Colleges Inc: 16 mo reserves · -4% margin earns a B+ 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 New England Association of Schools & Colleges 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 New England Association of Schools & Colleges Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1115 Westford St Ste 3, Lowell, MA, 01851
- City
- Lowell
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $9.6M (FY2013) to $8.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $8.0MNet assets $11.2M
Operating margin
-3.9%
Spent more than it raised in the latest fiscal year.
Total assets
$19.2M
Total liabilities
$8.0M
Net assets
$11.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $8,135,598▲8.7% | $8,451,291▲15.0% | $11,208,162▲7.7% | $19,159,532▲6.3% | 990 |
| 2022 | $7,484,063▼3.8% | $7,346,163▼14.5% | $10,409,234▲6.2% | $18,031,518▲12.5% | 990 |
| 2021 | $7,781,290▼11.8% | $8,594,474▲25.7% | $9,799,175▼14.4% | $16,030,739▼16.6% | 990 |
| 2020 | $8,827,084▲18.7% | $6,835,791▼3.0% | $11,450,844▲25.3% | $19,215,370▲10.4% | 990 |
| 2019 | $7,437,899▼6.5% | $7,045,050▼11.4% | $9,138,092▲12.2% | $17,410,728▲6.2% | 990 |
| 2018 | $7,955,938▼31.8% | $7,949,882▼24.0% | $8,142,703▼31.7% | $16,401,872▼10.7% | 990 |
| 2017 | $11,667,533▲9.7% | $10,464,763▲1.2% | $11,923,709▲9.6% | $18,375,307▲6.4% | 990 |
| 2016 | $10,635,242▼0.7% | $10,345,728▲12.2% | $10,878,300▲4.0% | $17,275,982▼12.2% | 990 |
| 2015 | $10,707,311▲4.4% | $9,222,152▲4.1% | $10,458,430▲20.6% | $19,685,442▲9.0% | 990 |
| 2014 | $10,255,632▲6.7% | $8,857,933▲6.9% | $8,675,000▲17.2% | $18,059,224▲11.5% | 990 |
| 2013 | $9,611,602 | $8,286,360▲3.1% | $7,402,375▲20.9% | $16,196,155▲12.4% | 990 |
| 2012 | — | $8,033,871▲4.7% | $6,120,304▲18.4% | $14,408,269▲14.5% | 990 |
| 2011 | — | $7,676,639▲0.8% | $5,168,023▲25.5% | $12,588,904▲10.3% | 990 |
| 2010 | — | $7,615,465▲9.5% | $4,116,956▲3.7% | $11,415,763▲6.8% | 990 |
| 2009 | — | $6,956,553 | $3,971,308 | $10,685,392 | 990 |
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 New England Association of Schools & Colleges Inc a legitimate nonprofit?
- Yes. New England Association of Schools & Colleges Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-6112618, based in Lowell, Massachusetts. Donations are tax-deductible.
- What is New England Association of Schools & Colleges Inc's EIN?
- New England Association of Schools & Colleges Inc's Employer Identification Number (EIN) is 04-6112618.
- How much revenue does New England Association of Schools & Colleges Inc report?
- New England Association of Schools & Colleges Inc reported $8,135,598 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does New England Association of Schools & Colleges Inc have?
- CharityIndex grades New England Association of Schools & Colleges Inc B, based on financial health (reserves and operating margin).
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Data for New England Association of Schools & Colleges Inc (EIN 04-6112618) 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.