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Ada Forsyth Institute Inc
Community Development · Somerville, Massachusetts
100 Chestnut Street, Somerville, MA 02143-2186
EIN: 042104230· Founded: Oct 1937· 89 years active· Filing Year: 2023
Annual Revenue
$17.7M
Total Expenses
$14.9M
Total Assets
$31.0M
Program Spending
55%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$1.3M
8.6% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$4.8M
Total Payroll
$6.0M
41% of total expenses
Where the Money Goes
55%
Programs: 55%
Payroll: 41%
Other overhead: 45%
Program Revenue$8.2M (46%)
Total Expenses$14.9M (84%)
Payroll$6.0M (41%)
Overhead (non-program)45%
Trust Score Breakdown
Program Spending Ratio
55% of expenses go to programs
Revenue & Stability
$17.7M annual revenue
Executive Compensation
$1.3M total officer comp (8.6% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$31.0M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.