Edward J Ill Excellence In Medicineassociation Inc

Edward J Ill Excellence In Medicineassociation Inc faces recent operating deficits despite healthy assets and no reported officer compensation.

EIN: 208498347 · Princeton, NJ · NTEE: E03 · Updated: 2026-03-28

$206KRevenue
$491KAssets
70/100Mission Score (Good)
E03
Edward J Ill Excellence In Medicineassociation Inc Financial Summary
MetricValue
Total Revenue$206K
Total Expenses$272K
Program Spending75%
Net Assets$476K
Transparency Score70/100

Is Edward J Ill Excellence In Medicineassociation Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Edward J Ill Excellence In Medicineassociation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Edward J Ill Excellence In Medicineassociation Inc

Edward J Ill Excellence In Medicineassociation Inc (EIN: 208498347) is a nonprofit organization based in Princeton, NJ, classified under NTEE code E03. The organization reported total revenue of $206K and total assets of $491K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edward J Ill Excellence In Medicineassociation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
12Years of Filings
MixedRevenue Trajectory

Edward J Ill Excellence In Medicineassociation Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 7.2%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$206K
Total Expenses$272K
Surplus / Deficit$-65,425
Total Assets$491K
Total Liabilities$15K
Net Assets$476K
Operating Margin-31.7%
Debt-to-Asset Ratio3.0%
Months of Reserves21.7 months

Financial Health Grade: B

In 2022, Edward J Ill Excellence In Medicineassociation Inc reported a deficit of $65K with expenses exceeding revenue, holds 21.7 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).

Financial Trends

Over 12 years of filings (2011–2022), Edward J Ill Excellence In Medicineassociation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.

YearRevenue ChangeExpense ChangeAsset Change
2022-28.5%-13.5%-18.3%
2021+130.4%+73.3%-2.2%
2020-58.8%+1.9%-3.5%
2019+8.8%-5.4%+25.8%
2018-10.1%+26.6%+23.1%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Edward J Ill Excellence In Medicineassociation Inc appears to be in a period of financial contraction, with expenses exceeding revenue in its most recent filings. In 2022, the organization reported revenue of $206,097 against expenses of $271,522, resulting in a deficit. This trend is consistent with 2021, where revenue was $288,050 and expenses were $313,760. While the organization maintains a healthy asset base of $491,340 in 2022, the consistent operating deficits could erode its financial stability over time if not addressed. The organization demonstrates strong transparency regarding executive compensation, reporting 0% officer compensation across all available filings. This indicates that the leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging. The consistent deficits suggest a need for closer examination of expense management or revenue generation strategies. Despite the recent financial deficits, the organization has historically managed its liabilities well, with a relatively low liability of $14,845 in 2022 compared to its assets. The lack of reported officer compensation is a significant strength in terms of transparency and resource allocation. However, the sustained negative operating margins in the last two periods warrant attention to ensure long-term sustainability and mission delivery.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Edward J Ill Excellence In Medicineassociation Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Edward J Ill Excellence In Medicineassociation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$206KTotal Revenue
$272KTotal Expenses
$491KTotal Assets
$15KTotal Liabilities
$476KNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer channels, which is a positive for resource allocation.

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.

Red Flags

The following concerns were identified during AI analysis of Edward J Ill Excellence In Medicineassociation Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for Edward J Ill Excellence In Medicineassociation Inc:

Frequently Asked Questions about Edward J Ill Excellence In Medicineassociation Inc

Is Edward J Ill Excellence In Medicineassociation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Edward J Ill Excellence In Medicineassociation Inc (EIN: 208498347) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.

How does Edward J Ill Excellence In Medicineassociation Inc spend its money?

Edward J Ill Excellence In Medicineassociation Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Edward J Ill Excellence In Medicineassociation Inc tax-deductible?

Edward J Ill Excellence In Medicineassociation Inc is registered as a tax-exempt nonprofit (EIN: 208498347). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Edward J Ill Excellence In Medicineassociation Inc's spending goes to programs?

Edward J Ill Excellence In Medicineassociation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Edward J Ill Excellence In Medicineassociation Inc compare to similar nonprofits?

With a transparency score of 70/100 (Good), Edward J Ill Excellence In Medicineassociation Inc is above average for NTEE category E03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Edward J Ill Excellence In Medicineassociation Inc located?

Edward J Ill Excellence In Medicineassociation Inc is headquartered in Princeton, New Jersey and files with the IRS under EIN 208498347. It is classified under NTEE code E03.

How many years of IRS 990 filings does Edward J Ill Excellence In Medicineassociation Inc have?

Edward J Ill Excellence In Medicineassociation Inc has 12 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 $206K in total revenue.

Is Edward J Ill Excellence In Medicineassociation Inc financially sustainable given recent deficits?

The organization has reported expenses exceeding revenue in both 2021 and 2022, with a deficit of $65,425 in 2022. While it has substantial assets ($491,340 in 2022), continued deficits could impact long-term sustainability.

How does the lack of officer compensation impact the organization?

The consistent reporting of 0% officer compensation suggests a volunteer-driven leadership or compensation structured outside of typical officer roles, which can be seen as a positive for maximizing funds for programs and transparency.

What caused the significant drop in revenue from 2021 to 2022?

Revenue decreased from $288,050 in 2021 to $206,097 in 2022, a drop of over 28%. The IRS 990 data alone does not specify the cause, but it warrants further investigation into funding sources or economic factors.

Filing History

IRS 990 filing history for Edward J Ill Excellence In Medicineassociation Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Edward J Ill Excellence In Medicineassociation Inc's revenue has grown by 114.3%, moving from $96K to $206K. Total assets increased by 753.2% over the same period, from $58K to $491K. Total functional expenses rose by 220.1%, from $85K to $272K. In its most recent filing year (2022), Edward J Ill Excellence In Medicineassociation Inc reported a deficit of $65K, with expenses exceeding revenue. The organization holds $15K in liabilities against $491K in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $476K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $206K $272K $491K $15K
2021 $288K $314K $601K $59K
2020 $125K $181K $614K $47K View 990
2019 $303K $178K $636K $13K View 990
2018 $279K $188K $506K $8K View 990
2017 $310K $148K $411K $5K View 990
2016 $235K $133K $250K $5K View 990
2015 $204K $132K $144K $2K View 990
2014 $155K $131K $73K $3K View 990
2013 $121K $122K $53K $6K View 990
2012 $107K $116K $48K $0 View 990
2011 $96K $85K $58K $1K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Edward J Ill Excellence In Medicineassociation Inc:

2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Edward J Ill Excellence In Medicineassociation 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.

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