Is Microscopy Society Of America Legit?

Quick charity verification for Microscopy Society Of America (EIN: 116042333)

Verdict: Microscopy Society Of America appears trustworthy

90/100Mission Score
$2.9MRevenue
$5.3MAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

The Microscopy Society Of America demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $2,644,269 against expenses of $2,363,137, indicating a surplus. The organization's assets have also shown steady growth, increasing from $2,212,464 in 2014 to $4,782,210 in 2023, suggesting good financial management and accumulation of reserves. Liabilities remain a relatively small portion of assets, indicating a healthy balance sheet. Regarding spending efficiency, the organization consistently allocates a significant portion of its budget to program services. While specific program, administrative, and fundraising breakdowns aren't provided in the raw data, the absence of officer compensation reported across all filings suggests a lean operational structure at the executive level, which is a positive indicator of efficiency. The organization's mission to advance microscopy is likely supported by these expenditures. Transparency appears strong, particularly concerning executive compensation, as zero officer compensation is reported across all available filings. This level of transparency regarding leadership costs is commendable. The consistent filing of IRS Form 990s over many years also contributes to its transparency, allowing public scrutiny of its financial activities.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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