American Clinicalmagnetoencephalography Society Inc
American Clinicalmagnetoencephalography Society Inc shows consistent asset growth and no officer compensation.
EIN: 204736010 · Milwaukee, WI · NTEE: S46 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $91K |
| Total Expenses | $68K |
| Program Spending | 80% |
| Net Assets | $398K |
| Transparency Score | 85/100 |
Is American Clinicalmagnetoencephalography Society Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Clinicalmagnetoencephalography Society Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Clinicalmagnetoencephalography Society Inc
American Clinicalmagnetoencephalography Society Inc (EIN: 204736010) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code S46. The organization reported total revenue of $91K and total assets of $413K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Clinicalmagnetoencephalography Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Clinicalmagnetoencephalography Society Inc is a micro nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $68K |
| Surplus / Deficit | +$16K |
| Total Assets | $429K |
| Total Liabilities | $30K |
| Net Assets | $398K |
| Operating Margin | 18.6% |
| Debt-to-Asset Ratio | 7.0% |
| Months of Reserves | 75.7 months |
Financial Health Grade: A
In 2023, American Clinicalmagnetoencephalography Society Inc reported a surplus of $16K with revenue exceeding expenses, holds 75.7 months of operating reserves (strong position), has a debt-to-asset ratio of 7.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Clinicalmagnetoencephalography Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.9% | +74.1% | +11.6% |
| 2022 | +9.4% | +5.2% | +7.2% |
| 2021 | -0.7% | -44.0% | +6.7% |
| 2020 | -52.5% | -39.7% | -2.4% |
| 2019 | +8.2% | +113.5% | +3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Clinicalmagnetoencephalography Society Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, American Clinicalmagnetoencephalography Society Inc allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is highly efficient for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for American Clinicalmagnetoencephalography Society Inc:
- Consistent asset growth, from $344,011 in 2019 to $428,653 in 2023.
- No reported officer compensation, indicating high efficiency in leadership costs.
- Generally operates with a financial surplus, demonstrating sustainability (e.g., $83,550 revenue vs. $67,988 expenses in 2023).
- Low liabilities relative to assets, indicating strong financial management (e.g., $30,163 liabilities vs. $428,653 assets in 2023).
- Consistent IRS 990 filings over 13 periods, demonstrating transparency.
Frequently Asked Questions about American Clinicalmagnetoencephalography Society Inc
Is American Clinicalmagnetoencephalography Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Clinicalmagnetoencephalography Society Inc (EIN: 204736010) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does American Clinicalmagnetoencephalography Society Inc spend its money?
American Clinicalmagnetoencephalography Society Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Clinicalmagnetoencephalography Society Inc tax-deductible?
American Clinicalmagnetoencephalography Society Inc is registered as a tax-exempt nonprofit (EIN: 204736010). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does American Clinicalmagnetoencephalography Society Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), American Clinicalmagnetoencephalography Society Inc is above average for NTEE category S46 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Clinicalmagnetoencephalography Society Inc located?
American Clinicalmagnetoencephalography Society Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 204736010. It is classified under NTEE code S46.
How many years of IRS 990 filings does American Clinicalmagnetoencephalography Society Inc have?
American Clinicalmagnetoencephalography Society Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $91K in total revenue.
Is American Clinicalmagnetoencephalography Society Inc a good charity?
Based on its financial data, the American Clinicalmagnetoencephalography Society Inc appears to be a well-managed charity. It consistently maintains a healthy asset base, operates with surpluses, and reports no officer compensation, suggesting efficient use of funds.
How has the organization's financial health changed over the past five years?
The organization's financial health has improved significantly over the past five years, with assets growing from $344,011 in 2019 to $428,653 in 2023, and generally maintaining a positive net income.
What is the trend in revenue and expenses?
Revenue and expenses have fluctuated, but the organization generally maintains a positive margin. For example, in 2023, revenue was $83,550 against expenses of $67,988, showing a surplus.
Does the organization have high administrative costs?
Without a detailed breakdown of expenses into program, administrative, and fundraising, it's difficult to definitively state the administrative cost ratio. However, with 0% officer compensation, it suggests a lean operational structure.
Filing History
IRS 990 filing history for American Clinicalmagnetoencephalography Society Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Clinicalmagnetoencephalography Society Inc's revenue has grown by 32.5%, moving from $63K to $84K. Total assets increased by 350.4% over the same period, from $95K to $429K. Total functional expenses rose by 107.6%, from $33K to $68K. In its most recent filing year (2023), American Clinicalmagnetoencephalography Society Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $30K in liabilities against $429K in assets (debt-to-asset ratio: 7.0%), resulting in net assets of $398K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $68K | $429K | $30K | — | — |
| 2022 | $65K | $39K | $384K | $1K | — | View 990 |
| 2021 | $59K | $37K | $358K | $1K | — | — |
| 2020 | $60K | $66K | $336K | $877 | — | View 990 |
| 2019 | $126K | $110K | $344K | $2K | — | View 990 |
| 2018 | $116K | $52K | $333K | $6K | — | View 990 |
| 2017 | $151K | $61K | $263K | $1K | — | View 990 |
| 2016 | $72K | $67K | $176K | $5K | — | View 990 |
| 2015 | $63K | $56K | $168K | $1K | — | View 990 |
| 2014 | $71K | $52K | $161K | $2K | — | View 990 |
| 2013 | $61K | $59K | $140K | $21 | — | View 990 |
| 2012 | $87K | $43K | $139K | $0 | — | View 990 |
| 2011 | $63K | $33K | $95K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $84K, expenses of $68K, and assets of $429K (revenue +28.9% year-over-year).
- 2022: Revenue of $65K, expenses of $39K, and assets of $384K (revenue +9.4% year-over-year).
- 2021: Revenue of $59K, expenses of $37K, and assets of $358K (revenue -0.7% year-over-year).
- 2020: Revenue of $60K, expenses of $66K, and assets of $336K (revenue -52.5% year-over-year).
- 2019: Revenue of $126K, expenses of $110K, and assets of $344K (revenue +8.2% year-over-year).
- 2018: Revenue of $116K, expenses of $52K, and assets of $333K (revenue -23.3% year-over-year).
- 2017: Revenue of $151K, expenses of $61K, and assets of $263K (revenue +109.8% year-over-year).
- 2016: Revenue of $72K, expenses of $67K, and assets of $176K (revenue +14.1% year-over-year).
- 2015: Revenue of $63K, expenses of $56K, and assets of $168K (revenue -11.4% year-over-year).
- 2014: Revenue of $71K, expenses of $52K, and assets of $161K (revenue +17.5% year-over-year).
- 2013: Revenue of $61K, expenses of $59K, and assets of $140K (revenue -29.9% year-over-year).
- 2012: Revenue of $87K, expenses of $43K, and assets of $139K (revenue +37.2% year-over-year).
- 2011: Revenue of $63K, expenses of $33K, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Clinicalmagnetoencephalography Society Inc:
Data Sources and Methodology
This transparency report for American Clinicalmagnetoencephalography Society Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.