Medical Surgical Nursing Certification Board Inc
Medical Surgical Nursing Certification Board consistently operates with a surplus and reports no officer compensation.
EIN: 201448697 · Chicago, IL · NTEE: G03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2,804,475. |
| Net Assets | $3.1M |
| Transparency Score | 90/100 |
Is Medical Surgical Nursing Certification Board Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Medical Surgical Nursing Certification Board Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Medical Surgical Nursing Certification Board Inc
Medical Surgical Nursing Certification Board Inc (EIN: 201448697) is a nonprofit organization based in Chicago, IL, classified under NTEE code G03. The organization reported total revenue of $2.8M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Medical Surgical Nursing Certification Board Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Medical Surgical Nursing Certification Board Inc is a mid-size nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$106K |
| Total Assets | $3.4M |
| Total Liabilities | $379K |
| Net Assets | $3.1M |
| Operating Margin | 4.9% |
| Debt-to-Asset Ratio | 11.0% |
| Months of Reserves | 19.9 months |
Financial Health Grade: A
In 2023, Medical Surgical Nursing Certification Board Inc reported a surplus of $106K with revenue exceeding expenses, holds 19.9 months of operating reserves (strong position), has a debt-to-asset ratio of 11.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Medical Surgical Nursing Certification Board Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.1% | +3.9% | +10.7% |
| 2022 | +87.8% | +89.4% | -12.0% |
| 2021 | -55.1% | -54.3% | -3.0% |
| 2021 | -0.7% | -1.1% | +0.8% |
| 2020 | -21.2% | -22.1% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Medical Surgical Nursing Certification Board Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Medical Surgical Nursing Certification Board Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $106K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.0%.
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 latest revenue of $2,804,475.
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.
Strengths
The following positive indicators were identified for Medical Surgical Nursing Certification Board Inc:
- Consistent operating surpluses, indicating strong financial management (e.g., 2023 revenue $2,177,511 vs. expenses $2,071,716).
- Growing asset base, providing financial stability and capacity (e.g., assets increased from $2.3M in 2015 to $4.1M currently).
- Zero reported officer compensation, demonstrating a strong commitment to mission and efficient use of funds.
- Healthy revenue streams, consistently above $2 million in most recent years, supporting ongoing operations.
Frequently Asked Questions about Medical Surgical Nursing Certification Board Inc
Is Medical Surgical Nursing Certification Board Inc a legitimate charity?
Medical Surgical Nursing Certification Board Inc (EIN: 201448697) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.8M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Medical Surgical Nursing Certification Board Inc spend its money?
Medical Surgical Nursing Certification Board Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Medical Surgical Nursing Certification Board Inc tax-deductible?
Medical Surgical Nursing Certification Board Inc is registered as a tax-exempt nonprofit (EIN: 201448697). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Medical Surgical Nursing Certification Board Inc CEO make?
Medical Surgical Nursing Certification Board Inc's highest-compensated officer earns $2,804,475. annually. The organization reported $2.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Medical Surgical Nursing Certification Board Inc's spending goes to programs?
Medical Surgical Nursing Certification Board Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Medical Surgical Nursing Certification Board Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Medical Surgical Nursing Certification Board Inc is above average for NTEE category G03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Medical Surgical Nursing Certification Board Inc located?
Medical Surgical Nursing Certification Board Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 201448697. It is classified under NTEE code G03.
How many years of IRS 990 filings does Medical Surgical Nursing Certification Board Inc have?
Medical Surgical Nursing Certification Board Inc has 14 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 $2.8M in total revenue.
Is Medical Surgical Nursing Certification Board Inc a good charity?
Based on its consistent financial surpluses, growing assets, and zero reported officer compensation, MSNCB appears to be a well-managed and financially sound organization, suggesting it is a good charity in terms of financial stewardship and mission focus.
How has the organization's financial health changed over time?
MSNCB has consistently maintained a positive operating margin, with revenues generally exceeding expenses. Assets have shown a positive trend, growing from $2,313,021 in 2015 to $4,129,059 currently, indicating strong financial growth and stability.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings, suggesting a commitment to minimizing administrative overhead related to top leadership salaries or utilizing volunteer leadership.
Filing History
IRS 990 filing history for Medical Surgical Nursing Certification Board Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Medical Surgical Nursing Certification Board Inc's revenue has grown by 53%, moving from $1.4M to $2.2M. Total assets increased by 176.2% over the same period, from $1.2M to $3.4M. Total functional expenses rose by 59.8%, from $1.3M to $2.1M. In its most recent filing year (2023), Medical Surgical Nursing Certification Board Inc reported a surplus of $106K, with revenue exceeding expenses. The organization holds $379K in liabilities against $3.4M in assets (debt-to-asset ratio: 11.0%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.1M | $3.4M | $379K | — | — |
| 2022 | $2.2M | $2.0M | $3.1M | $463K | — | View 990 |
| 2021 | $1.1M | $1.1M | $3.5M | $568K | — | View 990 |
| 2021 | $2.6M | $2.3M | $3.6M | $771K | — | View 990 |
| 2020 | $2.6M | $2.3M | $3.6M | $992K | — | — |
| 2019 | $3.3M | $3.0M | $3.8M | $1.4M | — | View 990 |
| 2018 | $3.2M | $2.9M | $3.1M | $1.0M | — | View 990 |
| 2017 | $2.6M | $2.4M | $2.6M | $826K | — | View 990 |
| 2016 | $2.5M | $2.3M | $2.5M | $954K | — | View 990 |
| 2015 | $2.4M | $2.1M | $2.3M | $957K | — | View 990 |
| 2014 | $2.2M | $1.9M | $1.9M | $768K | — | View 990 |
| 2013 | $1.7M | $1.6M | $1.6M | $716K | — | View 990 |
| 2012 | $1.6M | $1.4M | $1.6M | $792K | — | View 990 |
| 2011 | $1.4M | $1.3M | $1.2M | $631K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.1M, and assets of $3.4M (revenue +1.1% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.0M, and assets of $3.1M (revenue +87.8% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $3.5M (revenue -55.1% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.3M, and assets of $3.6M (revenue -0.7% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.3M, and assets of $3.6M (revenue -21.2% year-over-year).
- 2019: Revenue of $3.3M, expenses of $3.0M, and assets of $3.8M (revenue +0.6% year-over-year).
- 2018: Revenue of $3.2M, expenses of $2.9M, and assets of $3.1M (revenue +26.2% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.4M, and assets of $2.6M (revenue +1.1% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.3M, and assets of $2.5M (revenue +7.8% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.1M, and assets of $2.3M (revenue +8.9% year-over-year).
- 2014: Revenue of $2.2M, expenses of $1.9M, and assets of $1.9M (revenue +25.6% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.6M, and assets of $1.6M (revenue +10.0% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.4M, and assets of $1.6M (revenue +10.0% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.3M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Medical Surgical Nursing Certification Board Inc:
Data Sources and Methodology
This transparency report for Medical Surgical Nursing Certification Board 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.