Licensing Executives Society Inc
Licensing Executives Society Inc shows financial rebound after period of revenue decline, consistently reporting zero officer compensation.
EIN: 136271591 · Wakefield, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Program Spending | 80% |
| Net Assets | $581K |
| Transparency Score | 85/100 |
Search Intent Cockpit
Licensing Executives Society Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Licensing Executives Society Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Licensing Executives Society Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $1.6M and expenses of $1.3M.
Revenue and Expenses
Licensing Executives Society Inc reported $1.6M in revenue and $1.3M in expenses, a surplus of $288K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Licensing Executives Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1.0M (80%) |
Across stored filings, Licensing Executives Society Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Joint Committee For Childrens Health Care In Everett | Massachusetts and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Licensing Executives Society Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Licensing Executives Society Inc
Licensing Executives Society Inc (EIN: 136271591) is a nonprofit organization based in Wakefield, MA. The organization reported total revenue of $1.3M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Licensing Executives Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Licensing Executives Society Inc is a mid-size nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$288K |
| Total Assets | $1.1M |
| Total Liabilities | $538K |
| Net Assets | $581K |
| Operating Margin | 18.5% |
| Debt-to-Asset Ratio | 48.1% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2023, Licensing Executives Society Inc reported a surplus of $288K with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 48.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Licensing Executives Society Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.0% | -10.1% | +23.2% |
| 2022 | +44.8% | +60.7% | -0.7% |
| 2021 | -5.0% | -20.4% | +7.4% |
| 2020 | -46.1% | -45.8% | -19.9% |
| 2019 | -34.3% | -33.9% | -21.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1968 |
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 Licensing Executives 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, Licensing Executives 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $288K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, which is a highly positive sign for financial transparency and 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 Licensing Executives Society Inc's IRS 990 filings:
- Significant revenue decline from 2014 to 2021, indicating potential instability during that period.
- NTEE code is unknown, which limits a detailed understanding of its specific programmatic focus and peer comparison.
Strengths
The following positive indicators were identified for Licensing Executives Society Inc:
- Consistent reporting of 0% officer compensation across all filings, demonstrating excellent financial transparency and resource allocation.
- Recent financial rebound in 2022 and 2023, with revenue increasing and expenses managed effectively, leading to a surplus.
- Maintained positive net assets throughout its filing history, indicating long-term financial solvency.
- Extensive filing history (13 filings) demonstrates consistent compliance and transparency with IRS reporting requirements.
Frequently Asked Questions about Licensing Executives Society Inc
Is Licensing Executives Society Inc a legitimate charity?
Licensing Executives Society Inc (EIN: 136271591) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Licensing Executives Society Inc spend its money?
Licensing Executives Society Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Licensing Executives Society Inc tax-deductible?
Licensing Executives Society Inc is registered as a tax-exempt nonprofit (EIN: 136271591). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Licensing Executives Society Inc's spending goes to programs?
Licensing Executives Society Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Licensing Executives Society Inc located?
Licensing Executives Society Inc is headquartered in Wakefield, Massachusetts and files with the IRS under EIN 136271591.
How many years of IRS 990 filings does Licensing Executives Society Inc have?
Licensing Executives 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 $1.3M in total revenue.
Is Licensing Executives Society Inc financially stable?
Yes, despite periods of revenue decline, the organization has consistently maintained positive net assets and shown a recent financial rebound, with 2023 revenue of $1,553,670 exceeding expenses of $1,265,946.
How does executive compensation compare to similar nonprofits?
The organization reports 0% officer compensation, which is exceptionally low compared to most nonprofits and indicates a strong commitment to directing funds towards its mission rather than executive salaries.
What caused the significant revenue fluctuations between 2014 and 2021?
The provided data does not specify the exact causes, but revenue declined from $3,762,077 in 2014 to $975,266 in 2021, suggesting potential changes in membership, events, or funding sources during that period.
Is the organization transparent with its finances?
Yes, the organization has 13 IRS 990 filings available, consistently reporting financial data and explicitly stating 0% officer compensation, which are strong indicators of transparency.
Filing History
IRS 990 filing history for Licensing Executives Society Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Licensing Executives Society Inc's revenue has declined by 69%, moving from $5.0M to $1.6M. Total assets decreased by 65.2% over the same period, from $3.2M to $1.1M. Total functional expenses fell by 74.2%, from $4.9M to $1.3M. In its most recent filing year (2023), Licensing Executives Society Inc reported a surplus of $288K, with revenue exceeding expenses. The organization holds $538K in liabilities against $1.1M in assets (debt-to-asset ratio: 48.1%), resulting in net assets of $581K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.3M | $1.1M | $538K | — | View 990 |
| 2022 | $1.4M | $1.4M | $908K | $615K | — | — |
| 2021 | $975K | $876K | $914K | $626K | — | View 990 |
| 2020 | $1.0M | $1.1M | $851K | $662K | — | — |
| 2019 | $1.9M | $2.0M | $1.1M | $800K | — | View 990 |
| 2018 | $2.9M | $3.1M | $1.4M | $963K | — | View 990 |
| 2017 | $2.8M | $3.4M | $1.8M | $1.2M | — | View 990 |
| 2016 | $3.0M | $2.5M | $2.2M | $1.1M | — | View 990 |
| 2015 | $3.5M | $3.4M | $1.9M | $1.1M | — | View 990 |
| 2014 | $3.8M | $4.6M | $2.1M | $1.3M | — | View 990 |
| 2013 | $3.8M | $4.3M | $3.2M | $1.5M | — | View 990 |
| 2012 | $4.7M | $4.2M | $3.2M | $733K | — | View 990 |
| 2011 | $5.0M | $4.9M | $3.2M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.3M, and assets of $1.1M (revenue +10.0% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.4M, and assets of $908K (revenue +44.8% year-over-year).
- 2021: Revenue of $975K, expenses of $876K, and assets of $914K (revenue -5.0% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.1M, and assets of $851K (revenue -46.1% year-over-year).
- 2019: Revenue of $1.9M, expenses of $2.0M, and assets of $1.1M (revenue -34.3% year-over-year).
- 2018: Revenue of $2.9M, expenses of $3.1M, and assets of $1.4M (revenue +2.6% year-over-year).
- 2017: Revenue of $2.8M, expenses of $3.4M, and assets of $1.8M (revenue -5.0% year-over-year).
- 2016: Revenue of $3.0M, expenses of $2.5M, and assets of $2.2M (revenue -15.5% year-over-year).
- 2015: Revenue of $3.5M, expenses of $3.4M, and assets of $1.9M (revenue -6.4% year-over-year).
- 2014: Revenue of $3.8M, expenses of $4.6M, and assets of $2.1M (revenue -1.1% year-over-year).
- 2013: Revenue of $3.8M, expenses of $4.3M, and assets of $3.2M (revenue -19.9% year-over-year).
- 2012: Revenue of $4.7M, expenses of $4.2M, and assets of $3.2M (revenue -5.4% year-over-year).
- 2011: Revenue of $5.0M, expenses of $4.9M, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Licensing Executives Society Inc:
Data Sources and Methodology
This transparency report for Licensing Executives 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.