Foundation Of The Consortium Of Multiple Sclerosis Centers
EIN: 311698640 · Hackensack, NJ · NTEE: B50
About Foundation Of The Consortium Of Multiple Sclerosis Centers
Foundation Of The Consortium Of Multiple Sclerosis Centers (EIN: 311698640) is a nonprofit organization based in Hackensack, NJ, classified under NTEE code B50. The organization reported total revenue of $736K and total assets of $561K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation Of The Consortium Of Multiple Sclerosis Centers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Foundation Of The Consortium Of Multiple Sclerosis Centers has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Foundation Of The Consortium Of Multiple Sclerosis Centers with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Filing History
IRS 990 filing history for Foundation Of The Consortium Of Multiple Sclerosis Centers showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Foundation Of The Consortium Of Multiple Sclerosis Centers's revenue has declined by 54.9%, moving from $864K to $389K. Total assets decreased by 72.7% over the same period, from $494K to $135K. Total functional expenses fell by 46.9%, from $850K to $451K. In its most recent filing year (2023), Foundation Of The Consortium Of Multiple Sclerosis Centers reported a deficit of $62K, with expenses exceeding revenue. The organization holds $15K in liabilities against $135K in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $120K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $389K | $451K | $135K | $15K | — | — |
| 2022 | $220K | $387K | $183K | $2K | — | View 990 |
| 2021 | $348K | $584K | $475K | $127K | — | View 990 |
| 2020 | $466K | $350K | $603K | $17K | — | View 990 |
| 2019 | $368K | $571K | $548K | $78K | — | View 990 |
| 2018 | $765K | $616K | $714K | $42K | — | View 990 |
| 2017 | $703K | $697K | $528K | $5K | — | View 990 |
| 2016 | $650K | $719K | $532K | $14K | — | View 990 |
| 2015 | $958K | $948K | $601K | $13K | — | View 990 |
| 2014 | $791K | $815K | $602K | $25K | — | View 990 |
| 2013 | $635K | $719K | $613K | $11K | — | View 990 |
| 2012 | $937K | $727K | $695K | $10K | — | View 990 |
| 2011 | $864K | $850K | $494K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $389K, expenses of $451K, and assets of $135K (revenue +77.3% year-over-year).
- 2022: Revenue of $220K, expenses of $387K, and assets of $183K (revenue -36.8% year-over-year).
- 2021: Revenue of $348K, expenses of $584K, and assets of $475K (revenue -25.4% year-over-year).
- 2020: Revenue of $466K, expenses of $350K, and assets of $603K (revenue +26.6% year-over-year).
- 2019: Revenue of $368K, expenses of $571K, and assets of $548K (revenue -51.9% year-over-year).
- 2018: Revenue of $765K, expenses of $616K, and assets of $714K (revenue +8.8% year-over-year).
- 2017: Revenue of $703K, expenses of $697K, and assets of $528K (revenue +8.2% year-over-year).
- 2016: Revenue of $650K, expenses of $719K, and assets of $532K (revenue -32.1% year-over-year).
- 2015: Revenue of $958K, expenses of $948K, and assets of $601K (revenue +21.1% year-over-year).
- 2014: Revenue of $791K, expenses of $815K, and assets of $602K (revenue +24.5% year-over-year).
- 2013: Revenue of $635K, expenses of $719K, and assets of $613K (revenue -32.2% year-over-year).
- 2012: Revenue of $937K, expenses of $727K, and assets of $695K (revenue +8.5% year-over-year).
- 2011: Revenue of $864K, expenses of $850K, and assets of $494K.
Data Sources and Methodology
This transparency report for Foundation Of The Consortium Of Multiple Sclerosis Centers 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.