Is The Knee Society Inc Legit?

Strengths

Consistent revenue growth over the past decade, from $1,208,027 in 2014 to $1,844,196 in 2023.
Strong and growing asset base, increasing from $2,029,800 in 2014 to $5,164,946 in 2023.
Zero reported officer compensation across all 13 filings, indicating high efficiency and mission focus.
Consistent filing of IRS Form 990s, demonstrating good transparency.
Positive net income in most years, suggesting sound financial management.

Spending Breakdown

How The Knee Society Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

10%

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 The Knee Society Inc

Is The Knee Society Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, The Knee Society Inc (EIN: 133190169) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is The Knee Society Inc a good charity to donate to?

The Knee Society Inc has a Mission Score of 90/100. Revenue: $5.7M. Assets: $5.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Knee Society Inc?

The Employer Identification Number (EIN) for The Knee Society Inc is 133190169. 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 The Knee Society Inc spend its money?

The Knee Society Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Knee Society Inc's tax-exempt status?

You can verify The Knee Society Inc's tax-exempt status using EIN 133190169 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 Knee Society Inc. demonstrates consistent financial growth over the past decade, with revenue increasing from $1,208,027 in 2014 to $1,844,196 in 2023. The organization maintains a healthy asset base, growing from $2,029,800 to $5,164,946 in the same period, indicating good financial stewardship and capacity. Expenses have generally tracked revenue, suggesting a stable operational model. The organization's liabilities have seen an increase in recent years, reaching $998,876 in 2023, which warrants monitoring but is not immediately concerning given the asset growth.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, it's challenging to give a precise assessment. However, the consistent positive net income in most years suggests that the organization is managing its expenses within its revenue. The absence of reported officer compensation across all filings indicates a strong commitment to directing resources towards its mission, which is a positive sign for efficiency and donor trust.

Transparency appears to be strong given the consistent filing of IRS Form 990s over 13 periods, making financial data publicly accessible. The lack of officer compensation further enhances the perception of transparency and a focus on mission over individual gain. Overall, The Knee Society Inc. appears to be a financially stable and well-managed organization based on the provided data.

Verdict: The Knee Society Inc appears trustworthy

Red Flags