Delaware Chapter Of The American College Of Surgeons Inc
Delaware Chapter Of The American College Of Surgeons Inc maintains financial stability with growing assets and no executive compensation.
EIN: 142006787 · Hockessin, DE · NTEE: B90 · Updated: 2026-03-28
Is Delaware Chapter Of The American College Of Surgeons Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Delaware Chapter Of The American College Of Surgeons Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Delaware Chapter Of The American College Of Surgeons Inc
Delaware Chapter Of The American College Of Surgeons Inc (EIN: 142006787) is a nonprofit organization based in Hockessin, DE, classified under NTEE code B90. The organization reported total revenue of $71K and total assets of $218K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delaware Chapter Of The American College Of Surgeons Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Delaware Chapter Of The American College Of Surgeons Inc is a micro nonprofit that has been operating for 18 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $68K |
| Total Expenses | $36K |
| Surplus / Deficit | +$32K |
| Total Assets | $186K |
| Net Assets | $186K |
| Operating Margin | 46.8% |
| Months of Reserves | 61.2 months |
Financial Health Grade: A
In 2023, Delaware Chapter Of The American College Of Surgeons Inc reported a surplus of $32K with revenue exceeding expenses, holds 61.2 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Delaware Chapter Of The American College Of Surgeons Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.5% | -64.3% | +20.9% |
| 2022 | -47.8% | +55.0% | -18.3% |
| 2021 | +35.2% | +167.9% | +51.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Delaware Chapter Of The American College Of Surgeons Inc with a Mission Score of 90 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Delaware Chapter Of The American College Of Surgeons Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $32K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which significantly reduces administrative costs for this small nonprofit.
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 Delaware Chapter Of The American College Of Surgeons Inc:
- No reported liabilities across all filings, indicating strong financial health.
- Consistent asset growth from $124,476 in 2020 to $185,738 in 2023.
- 0% officer compensation, suggesting a highly efficient, volunteer-led structure.
- Revenues generally exceed expenses, leading to financial surpluses (e.g., $68,454 revenue vs. $36,393 expenses in 2023).
Frequently Asked Questions about Delaware Chapter Of The American College Of Surgeons Inc
Is Delaware Chapter Of The American College Of Surgeons Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Delaware Chapter Of The American College Of Surgeons Inc (EIN: 142006787) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Delaware Chapter Of The American College Of Surgeons Inc spend its money?
Delaware Chapter Of The American College Of Surgeons Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Delaware Chapter Of The American College Of Surgeons Inc tax-deductible?
Delaware Chapter Of The American College Of Surgeons Inc is registered as a tax-exempt nonprofit (EIN: 142006787). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Delaware Chapter Of The American College Of Surgeons Inc a good charity?
Based on the provided data, the organization appears to be a well-managed nonprofit. It has no liabilities, consistently growing assets (from $124,476 in 2020 to $185,738 in 2023), and reports 0% officer compensation, suggesting efficient use of funds and a strong volunteer base. Its financial health is robust, with revenues exceeding expenses in most years, such as $68,454 revenue vs. $36,393 expenses in 2023.
How does the lack of officer compensation impact the organization?
The absence of officer compensation means that the organization's leadership is likely volunteer-driven. This significantly reduces administrative overhead, allowing a greater proportion of its $68,454 2023 revenue to be directed towards its mission-related activities or retained as assets, contributing to its financial strength and efficiency.
What is the trend in the organization's assets?
The organization's assets have shown a positive growth trend, increasing from $124,476 in 2020 to $188,047 in 2021, then to $153,677 in 2022, and reaching $185,738 in 2023. This indicates sound financial management and an accumulation of resources over time.
Filing History
IRS 990 filing history for Delaware Chapter Of The American College Of Surgeons Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Delaware Chapter Of The American College Of Surgeons Inc's revenue has declined by 28.4%, moving from $96K to $68K. Total assets increased by 49.2% over the same period, from $124K to $186K. Total functional expenses rose by 48.4%, from $25K to $36K. In its most recent filing year (2023), Delaware Chapter Of The American College Of Surgeons Inc reported a surplus of $32K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $68K | $36K | $186K | $0 | — | View 990 |
| 2022 | $67K | $102K | $154K | $0 | — | View 990 |
| 2021 | $129K | $66K | $188K | $0 | — | View 990 |
| 2020 | $96K | $25K | $124K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $68K, expenses of $36K, and assets of $186K (revenue +1.5% year-over-year).
- 2022: Revenue of $67K, expenses of $102K, and assets of $154K (revenue -47.8% year-over-year).
- 2021: Revenue of $129K, expenses of $66K, and assets of $188K (revenue +35.2% year-over-year).
- 2020: Revenue of $96K, expenses of $25K, and assets of $124K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Delaware Chapter Of The American College Of Surgeons Inc:
Data Sources and Methodology
This transparency report for Delaware Chapter Of The American College Of Surgeons 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.