Is Northeast Cardio Thoracic Surgical Society Inc Legit?
Quick charity verification for Northeast Cardio Thoracic Surgical Society Inc (EIN: 113403389)
Verdict: Northeast Cardio Thoracic Surgical Society Inc has notable concerns
20/100Mission Score
$0Revenue
$1Assets
3Red Flags
2Strengths
Red Flags
Zero revenue reported in the two most recent filing periods (201912, 202012).
Assets have declined to $1 in the latest filing (202012), indicating a near-complete depletion of financial resources.
Significant and sustained decline in financial activity over the past few years, suggesting potential organizational cessation.
Strengths
Consistent reporting of 0% officer compensation, indicating a volunteer-driven model.
No reported liabilities across all filing periods, suggesting financial prudence in managing debt.
Spending Breakdown
How Northeast Cardio Thoracic Surgical Society Inc allocates its funds across programs, administration, and fundraising.
50%
Program Spending
Below average — room for improvement
40%
Admin Costs
High — over 25% on administration
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Northeast Cardio Thoracic Surgical Society Inc
Is Northeast Cardio Thoracic Surgical Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Northeast Cardio Thoracic Surgical Society Inc (EIN: 113403389) has notable concerns. Mission Score: 20/100. 3 red flags identified, 2 strengths noted.
Is Northeast Cardio Thoracic Surgical Society Inc a good charity to donate to?
Northeast Cardio Thoracic Surgical Society Inc has a Mission Score of 20/100. Revenue: $0. Assets: $1. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Northeast Cardio Thoracic Surgical Society Inc?
The Employer Identification Number (EIN) for Northeast Cardio Thoracic Surgical Society Inc is 113403389. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Northeast Cardio Thoracic Surgical Society Inc spend its money?
Northeast Cardio Thoracic Surgical Society Inc allocates 50% to programs, 40% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Northeast Cardio Thoracic Surgical Society Inc's tax-exempt status?
You can verify Northeast Cardio Thoracic Surgical Society Inc's tax-exempt status using EIN 113403389 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Northeast Cardio Thoracic Surgical Society Inc appears to be in a state of dormancy or significant decline, as evidenced by its latest financial filings. For the periods 201912 and 202012, the organization reported $0 in revenue, with minimal expenses ($1,220 and $8,298 respectively) and assets ($8,298 and $1). This contrasts sharply with earlier periods (e.g., 201712, 201612) where revenues were in the range of $70,000-$80,000. The current financial state suggests a lack of active programming or significant operational activity.
Given the minimal financial activity in recent years, assessing spending efficiency is challenging. With $0 revenue and very low assets, the organization's ability to fulfill its mission is severely limited. The consistent reporting of $0 officer compensation across all available filings indicates a volunteer-led structure, which is a positive for minimizing overhead if the organization were active. However, the overall financial picture points to an organization that is no longer actively generating income or holding significant assets, raising questions about its ongoing viability and purpose.
Transparency appears adequate in terms of filing the required IRS 990 forms, but the lack of financial activity itself limits the scope of what can be transparently reported. The sudden drop in revenue to zero in recent years, after a decade of consistent, albeit modest, activity, is a significant concern for financial health.