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

$1.3MRevenue

$1.2MAssets

85/100Mission Score (Excellent)

Is Licensing Executives Society 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 →

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.

AI Transparency Report

Licensing Executives Society Inc (LES) demonstrates a fluctuating financial history, with revenues and assets showing a general decline from 2014 to 2021, followed by a recent rebound. For instance, revenue peaked at $3,762,077 in 2014 but dropped to $975,266 in 2021 before recovering to $1,553,670 in 2023. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment. While the NTEE code is unknown, the consistent reporting of financial data across 13 filings suggests a commitment to transparency. The organization has maintained positive net assets in most years, indicating financial stability despite revenue fluctuations.

Spending efficiency appears reasonable, with expenses generally aligning with or slightly exceeding revenue in some periods, such as 2019 ($2,032,292 expenses vs. $1,905,021 revenue) and 2020 ($1,100,907 expenses vs. $1,027,084 revenue). However, the most recent filing for 2023 shows a healthy surplus, with revenues of $1,553,670 exceeding expenses of $1,265,946. The absence of reported officer compensation suggests that a significant portion of expenses is likely directed towards program activities and necessary administrative functions. The organization's ability to recover revenue and maintain positive assets after a period of decline indicates resilience.

Overall, LES appears to be a financially stable organization with good transparency regarding executive compensation. While the NTEE code being unknown limits a full assessment of program alignment, the consistent financial reporting and zero officer compensation are positive indicators. The recent financial rebound in 2022 and 2023 suggests improved financial management and sustainability.

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.

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?

Based on AI analysis of IRS 990 filings, Licensing Executives Society Inc (EIN: 136271591) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

How does Licensing Executives Society Inc spend its money?

Licensing Executives Society Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

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.

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.	PDF
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.

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.