Histochemical Society Inc
Histochemical Society Inc. maintains strong assets despite recent operational deficits and reports no officer compensation.
EIN: 136170705 · Rockville, MD · NTEE: U500 · Updated: 2026-03-28
Is Histochemical Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Histochemical Society Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Histochemical Society Inc
Histochemical Society Inc (EIN: 136170705) is a nonprofit organization based in Rockville, MD, classified under NTEE code U500. The organization reported total revenue of $2.2M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Histochemical Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Histochemical 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Histochemical Society Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with annual revenues typically around $400,000-$600,000.
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 Histochemical Society Inc's IRS 990 filings:
- Recent operational deficits in 202312 and 202212 where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Histochemical Society Inc:
- Strong asset base consistently exceeding liabilities (e.g., $4,463,587 assets vs $24,849 liabilities in 202312).
- Consistent reporting of 0% officer compensation across all filings.
- Long history of IRS 990 filings (13 filings), demonstrating transparency.
- Healthy reserves to cover recent operational deficits.
Frequently Asked Questions about Histochemical Society Inc
Is Histochemical Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Histochemical Society Inc (EIN: 136170705) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Histochemical Society Inc spend its money?
Histochemical Society Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Histochemical Society Inc tax-deductible?
Histochemical Society Inc is registered as a tax-exempt nonprofit (EIN: 136170705). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Histochemical Society Inc. a good charity?
Based on the available data, Histochemical Society Inc. appears to be a good charity. It maintains a strong asset base, consistently files its IRS 990s, and reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How does the organization manage its finances given recent deficits?
While the organization has experienced operational deficits in 202312 and 202212, its substantial asset base (e.g., $4,463,587 in 202312) suggests it has sufficient reserves to cover these shortfalls and maintain operations. This indicates prudent financial planning in prior years.
What is the trend in the organization's revenue and expenses?
Revenue and expenses have fluctuated over the years. While there were periods of significant surplus (e.g., 202112), the most recent two periods (202312 and 202212) show expenses exceeding revenue, indicating a recent trend of operational deficits that warrants monitoring.
Filing History
IRS 990 filing history for Histochemical Society Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Histochemical Society Inc's revenue has declined by 32.4%, moving from $633K to $428K. Total assets increased by 87.4% over the same period, from $2.4M to $4.5M. Total functional expenses fell by 9.3%, from $546K to $495K. In its most recent filing year (2023), Histochemical Society Inc reported a deficit of $67K, with expenses exceeding revenue. The organization holds $25K in liabilities against $4.5M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $428K | $495K | $4.5M | $25K | — | — |
| 2022 | $366K | $675K | $4.0M | $58K | — | View 990 |
| 2021 | $551K | $399K | $4.9M | $27K | — | View 990 |
| 2020 | $533K | $415K | $4.3M | $100K | — | — |
| 2019 | $602K | $491K | $3.8M | $111K | — | View 990 |
| 2018 | $544K | $452K | $3.2M | $108K | — | View 990 |
| 2017 | $593K | $424K | $3.4M | $120K | — | View 990 |
| 2016 | $541K | $415K | $2.9M | $151K | — | View 990 |
| 2015 | $604K | $496K | $2.7M | $176K | — | View 990 |
| 2014 | $962K | $583K | $2.6M | $45K | — | View 990 |
| 2013 | $513K | $523K | $2.6M | $55K | — | View 990 |
| 2012 | $631K | $641K | $2.5M | $65K | — | View 990 |
| 2011 | $633K | $546K | $2.4M | $85K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $428K, expenses of $495K, and assets of $4.5M (revenue +17.0% year-over-year).
- 2022: Revenue of $366K, expenses of $675K, and assets of $4.0M (revenue -33.6% year-over-year).
- 2021: Revenue of $551K, expenses of $399K, and assets of $4.9M (revenue +3.4% year-over-year).
- 2020: Revenue of $533K, expenses of $415K, and assets of $4.3M (revenue -11.4% year-over-year).
- 2019: Revenue of $602K, expenses of $491K, and assets of $3.8M (revenue +10.6% year-over-year).
- 2018: Revenue of $544K, expenses of $452K, and assets of $3.2M (revenue -8.3% year-over-year).
- 2017: Revenue of $593K, expenses of $424K, and assets of $3.4M (revenue +9.6% year-over-year).
- 2016: Revenue of $541K, expenses of $415K, and assets of $2.9M (revenue -10.4% year-over-year).
- 2015: Revenue of $604K, expenses of $496K, and assets of $2.7M (revenue -37.2% year-over-year).
- 2014: Revenue of $962K, expenses of $583K, and assets of $2.6M (revenue +87.6% year-over-year).
- 2013: Revenue of $513K, expenses of $523K, and assets of $2.6M (revenue -18.7% year-over-year).
- 2012: Revenue of $631K, expenses of $641K, and assets of $2.5M (revenue -0.3% year-over-year).
- 2011: Revenue of $633K, expenses of $546K, and assets of $2.4M.
Data Sources and Methodology
This transparency report for Histochemical 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.