Electrochemical Society Inc
Electrochemical Society shows consistent asset growth despite recent operating deficits and fluctuating revenues.
EIN: 131771269 · Pennington, NJ · NTEE: U030 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.7M |
| Total Expenses | $7.9M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $19.9M |
| Transparency Score | 75/100 |
Is Electrochemical Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Electrochemical Society Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Electrochemical Society Inc
Electrochemical Society Inc (EIN: 131771269) is a nonprofit organization based in Pennington, NJ, classified under NTEE code U030. The organization reported total revenue of $14.7M and total assets of $23.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Electrochemical Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Electrochemical Society Inc is a large nonprofit that has been operating for 76 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.3M |
| Total Expenses | $7.9M |
| Surplus / Deficit | $-540,547 |
| Total Assets | $22.0M |
| Total Liabilities | $2.1M |
| Net Assets | $19.9M |
| Operating Margin | -7.4% |
| Debt-to-Asset Ratio | 9.5% |
| Months of Reserves | 33.6 months |
Financial Health Grade: B
In 2023, Electrochemical Society Inc reported a deficit of $541K with expenses exceeding revenue, holds 33.6 months of operating reserves (strong position), has a debt-to-asset ratio of 9.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Electrochemical Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.2% | +21.0% | +7.8% |
| 2022 | -23.9% | +31.0% | -13.5% |
| 2021 | +123.1% | +4.7% | +16.0% |
| 2020 | -61.5% | -24.2% | +0.7% |
| 2019 | +35.0% | -4.7% | +9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1950 |
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 Electrochemical Society Inc with a Mission Score of 75 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
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Electrochemical Society 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $541K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with assets exceeding $20 million. This either indicates that no officers receive compensation, or that compensation is categorized differently, requiring further scrutiny for full transparency.
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 Electrochemical Society Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023 expenses exceeded revenue by over $500,000)
- 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into how executive leadership is compensated.
Strengths
The following positive indicators were identified for Electrochemical Society Inc:
- Consistent growth in assets over the past decade, from $16,906,236 in 2014 to $22,020,526 in 2023.
- Relatively stable and low liabilities compared to assets, indicating good financial management.
- Strong program focus, as indicated by the estimated spending breakdown.
Frequently Asked Questions about Electrochemical Society Inc
Is Electrochemical Society Inc a legitimate charity?
Electrochemical Society Inc (EIN: 131771269) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $14.7M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Electrochemical Society Inc spend its money?
Electrochemical Society Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Electrochemical Society Inc tax-deductible?
Electrochemical Society Inc is registered as a tax-exempt nonprofit (EIN: 131771269). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Electrochemical Society Inc CEO make?
Electrochemical Society Inc's highest-compensated officer earns $20 annually. The organization reported $14.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Electrochemical Society Inc's spending goes to programs?
Electrochemical Society Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Electrochemical Society Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Electrochemical Society Inc is above average for NTEE category U030 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Electrochemical Society Inc located?
Electrochemical Society Inc is headquartered in Pennington, New Jersey and files with the IRS under EIN 131771269. It is classified under NTEE code U030.
How many years of IRS 990 filings does Electrochemical Society Inc have?
Electrochemical 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 $14.7M in total revenue.
Is Electrochemical Society Inc. financially stable?
Yes, the organization appears financially stable with growing assets, reaching $22,020,526 in 2023, and manageable liabilities, despite operating at a deficit in the last two reported periods (2022 and 2023).
How has the organization's revenue trended?
Revenue has fluctuated significantly, from a low of $3,651,549 in 2020 to a high of $9,494,369 in 2019, indicating variability in its income streams.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings, which is an uncommon practice for an organization of its scale and suggests that executive compensation may be reported under different categories or is genuinely not paid to officers.
Filing History
IRS 990 filing history for Electrochemical Society Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Electrochemical Society Inc's revenue has grown by 13.2%, moving from $6.5M to $7.3M. Total assets increased by 55.6% over the same period, from $14.2M to $22.0M. Total functional expenses rose by 53.7%, from $5.1M to $7.9M. In its most recent filing year (2023), Electrochemical Society Inc reported a deficit of $541K, with expenses exceeding revenue. The organization holds $2.1M in liabilities against $22.0M in assets (debt-to-asset ratio: 9.5%), resulting in net assets of $19.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.3M | $7.9M | $22.0M | $2.1M | — | — |
| 2022 | $6.2M | $6.5M | $20.4M | $2.0M | — | — |
| 2021 | $8.1M | $5.0M | $23.6M | $2.1M | — | View 990 |
| 2020 | $3.7M | $4.7M | $20.4M | $1.8M | — | View 990 |
| 2019 | $9.5M | $6.3M | $20.2M | $1.9M | — | View 990 |
| 2018 | $7.0M | $6.6M | $18.4M | $2.6M | — | View 990 |
| 2017 | $7.2M | $6.8M | $19.4M | $2.3M | — | View 990 |
| 2016 | $6.8M | $6.7M | $17.9M | $2.4M | — | View 990 |
| 2015 | $6.9M | $6.7M | $16.5M | $2.0M | — | View 990 |
| 2014 | $7.1M | $6.5M | $16.9M | $2.1M | — | View 990 |
| 2013 | $6.4M | $5.8M | $16.9M | $2.7M | — | View 990 |
| 2012 | $6.4M | $5.9M | $15.7M | $2.5M | — | View 990 |
| 2011 | $6.5M | $5.1M | $14.2M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.3M, expenses of $7.9M, and assets of $22.0M (revenue +18.2% year-over-year).
- 2022: Revenue of $6.2M, expenses of $6.5M, and assets of $20.4M (revenue -23.9% year-over-year).
- 2021: Revenue of $8.1M, expenses of $5.0M, and assets of $23.6M (revenue +123.1% year-over-year).
- 2020: Revenue of $3.7M, expenses of $4.7M, and assets of $20.4M (revenue -61.5% year-over-year).
- 2019: Revenue of $9.5M, expenses of $6.3M, and assets of $20.2M (revenue +35.0% year-over-year).
- 2018: Revenue of $7.0M, expenses of $6.6M, and assets of $18.4M (revenue -2.5% year-over-year).
- 2017: Revenue of $7.2M, expenses of $6.8M, and assets of $19.4M (revenue +5.4% year-over-year).
- 2016: Revenue of $6.8M, expenses of $6.7M, and assets of $17.9M (revenue -0.5% year-over-year).
- 2015: Revenue of $6.9M, expenses of $6.7M, and assets of $16.5M (revenue -3.0% year-over-year).
- 2014: Revenue of $7.1M, expenses of $6.5M, and assets of $16.9M (revenue +10.2% year-over-year).
- 2013: Revenue of $6.4M, expenses of $5.8M, and assets of $16.9M (revenue -0.3% year-over-year).
- 2012: Revenue of $6.4M, expenses of $5.9M, and assets of $15.7M (revenue -0.4% year-over-year).
- 2011: Revenue of $6.5M, expenses of $5.1M, and assets of $14.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Electrochemical Society Inc:
Data Sources and Methodology
This transparency report for Electrochemical 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.