Is Society Of Interventional Pain Management Surgery Centers Inc Legit?
Quick charity verification for Society Of Interventional Pain Management Surgery Centers Inc (EIN: 202144796)
Verdict: Society Of Interventional Pain Management Surgery Centers Inc shows mixed signals
60/100Mission Score
$37KRevenue
$116KAssets
3Red Flags
3Strengths
Red Flags
Significant net loss in 2023 ($188,806 deficit) indicating unsustainable spending relative to revenue.
Dramatic fluctuations in annual expenses and revenue, suggesting inconsistent operations or funding.
Substantial decrease in assets from $295,351 in 2022 to $106,545 in 2023, largely due to the 2023 deficit.
Strengths
Consistent reporting of 0% officer compensation, indicating resources are not being used for executive salaries.
No reported liabilities across all filings, suggesting financial prudence in avoiding debt.
Maintained a healthy asset base for many years, providing a buffer against financial downturns (though significantly reduced in 2023).
Spending Breakdown
How Society Of Interventional Pain Management Surgery Centers Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
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 Society Of Interventional Pain Management Surgery Centers Inc
Is Society Of Interventional Pain Management Surgery Centers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Society Of Interventional Pain Management Surgery Centers Inc (EIN: 202144796) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
Is Society Of Interventional Pain Management Surgery Centers Inc a good charity to donate to?
Society Of Interventional Pain Management Surgery Centers Inc has a Mission Score of 60/100. Revenue: $37K. Assets: $116K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Society Of Interventional Pain Management Surgery Centers Inc?
The Employer Identification Number (EIN) for Society Of Interventional Pain Management Surgery Centers Inc is 202144796. 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 Society Of Interventional Pain Management Surgery Centers Inc spend its money?
Society Of Interventional Pain Management Surgery Centers Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Society Of Interventional Pain Management Surgery Centers Inc's tax-exempt status?
You can verify Society Of Interventional Pain Management Surgery Centers Inc's tax-exempt status using EIN 202144796 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 Society Of Interventional Pain Management Surgery Centers Inc. exhibits inconsistent financial performance, with significant fluctuations in revenue and expenses over the past decade. While the organization has maintained a healthy asset base, reaching a high of $367,010 in 2015, its latest filing for 2023 shows a substantial net loss, with expenses of $202,574 far exceeding revenue of $13,768. This indicates a period of financial strain or significant operational changes. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-led or very lean executive structure, which is a positive indicator of resource allocation towards the mission rather than administrative overhead in that specific area.
The organization's spending efficiency is highly variable. In some years, like 2022 and 2021, expenses were very low relative to revenue ($5,201 vs. $22,972 and $1,742 vs. $49,121, respectively), suggesting efficient operations or minimal activity. However, the 2023 filing presents a stark contrast, with expenses being nearly 15 times its revenue, leading to a significant draw-down on assets. This pattern raises questions about the sustainability of its operations if such deficits continue. The lack of reported liabilities across all filings is a positive sign of financial prudence, indicating the organization is not accumulating debt.
Transparency appears to be adequate given the consistent filing of IRS Form 990s. The detailed financial data provided allows for an assessment of its financial health. However, the dramatic swings in expenses, particularly the large increase in 2023, would warrant further investigation into the nature of these expenditures to fully understand the organization's operational focus and financial strategy. The consistent zero officer compensation is a strong point for transparency regarding executive pay.