National Committee To Preserve Social Security&Medicare Fndn
National Committee To Preserve Social Security&Medicare Fndn faces significant financial volatility and operates at a deficit in most recent periods.
EIN: 208742654 · Washington, DC · NTEE: T990 · Updated: 2026-03-28
Is National Committee To Preserve Social Security&Medicare Fndn Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Committee To Preserve Social Security&Medicare Fndn directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About National Committee To Preserve Social Security&Medicare Fndn
National Committee To Preserve Social Security&Medicare Fndn (EIN: 208742654) is a nonprofit organization based in Washington, DC, classified under NTEE code T990. The organization reported total revenue of $2K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Committee To Preserve Social Security&Medicare Fndn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Committee To Preserve Social Security&Medicare Fndn is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -26.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $53K |
| Surplus / Deficit | $-39,929 |
| Total Assets | $7K |
| Net Assets | $7K |
| Operating Margin | -302.0% |
| Months of Reserves | 1.7 months |
Financial Health Grade: C
In 2024, National Committee To Preserve Social Security&Medicare Fndn reported a deficit of $40K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2012–2024), National Committee To Preserve Social Security&Medicare Fndn's revenue has declined at a compound annual growth rate (CAGR) of -26.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -22.3% | +1800.9% | -84.5% |
| 2023 | +43.3% | -16.9% | +43.0% |
| 2022 | +3.6% | +0.7% | +34.7% |
| 2021 | -43.6% | -81.6% | +48.7% |
| 2020 | +32.9% | +522.3% | +15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 National Committee To Preserve Social Security&Medicare Fndn with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, National Committee To Preserve Social Security&Medicare Fndn allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is a strong positive for 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 National Committee To Preserve Social Security&Medicare Fndn's IRS 990 filings:
- Significant and consistent operating deficits (e.g., 2024: Revenue $13,220, Expenses $53,149; 2017: Revenue $71,155, Expenses $266,503).
- Extreme volatility in revenue and expenses year-over-year, making financial planning and assessment difficult.
- Substantial decline in assets over the past decade, from $253,027 in 2015 to $8,660 currently.
- Lack of detailed expense breakdown in provided data limits transparency on program efficiency.
Strengths
The following positive indicators were identified for National Committee To Preserve Social Security&Medicare Fndn:
- Consistent reporting of 0% officer compensation, indicating no executive salaries are paid.
- Zero liabilities reported in several recent periods (e.g., 2024, 2023, 2022, 2021, 2019), suggesting good debt management at times.
Frequently Asked Questions about National Committee To Preserve Social Security&Medicare Fndn
Is National Committee To Preserve Social Security&Medicare Fndn a legitimate charity?
Based on AI analysis of IRS 990 filings, National Committee To Preserve Social Security&Medicare Fndn (EIN: 208742654) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
How does National Committee To Preserve Social Security&Medicare Fndn spend its money?
National Committee To Preserve Social Security&Medicare Fndn directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Committee To Preserve Social Security&Medicare Fndn tax-deductible?
National Committee To Preserve Social Security&Medicare Fndn is registered as a tax-exempt nonprofit (EIN: 208742654). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the National Committee To Preserve Social Security&Medicare Fndn financially stable?
The organization's financial stability is questionable due to highly volatile revenue and expenses, and a frequent pattern of expenses exceeding revenue, such as in 2024 where expenses were $53,149 against revenue of $13,220.
How does the organization fund its operations given its deficits?
With expenses often exceeding revenue, the organization likely relies on accumulated assets or other undisclosed funding sources to cover operational costs. For example, in 2017, expenses were $266,503 while revenue was only $71,155.
What is the trend in the organization's assets?
Assets have significantly declined over time, from a peak of $253,027 in 2015 to $8,660 in the latest period, indicating a potential draw-down of reserves.
Filing History
IRS 990 filing history for National Committee To Preserve Social Security&Medicare Fndn showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), National Committee To Preserve Social Security&Medicare Fndn's revenue has declined by 97.6%, moving from $555K to $13K. Total assets decreased by 95.6% over the same period, from $166K to $7K. Total functional expenses fell by 88.6%, from $464K to $53K. In its most recent filing year (2024), National Committee To Preserve Social Security&Medicare Fndn reported a deficit of $40K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $13K | $53K | $7K | $0 | — | — |
| 2023 | $17K | $3K | $47K | $0 | — | View 990 |
| 2022 | $12K | $3K | $33K | $0 | — | — |
| 2021 | $11K | $3K | $25K | $0 | — | — |
| 2020 | $20K | $18K | $16K | $87 | — | View 990 |
| 2019 | $15K | $3K | $14K | $0 | — | View 990 |
| 2018 | $12K | $8K | $25K | $24K | — | View 990 |
| 2017 | $71K | $267K | $41K | $43K | — | View 990 |
| 2016 | $410K | $417K | $224K | $31K | — | View 990 |
| 2015 | $642K | $370K | $253K | $146K | — | View 990 |
| 2014 | $233K | $440K | $65K | $235K | — | View 990 |
| 2013 | $205K | $355K | $76K | $72K | — | — |
| 2012 | $555K | $464K | $166K | $30K | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $13K, expenses of $53K, and assets of $7K (revenue -22.3% year-over-year).
- 2023: Revenue of $17K, expenses of $3K, and assets of $47K (revenue +43.3% year-over-year).
- 2022: Revenue of $12K, expenses of $3K, and assets of $33K (revenue +3.6% year-over-year).
- 2021: Revenue of $11K, expenses of $3K, and assets of $25K (revenue -43.6% year-over-year).
- 2020: Revenue of $20K, expenses of $18K, and assets of $16K (revenue +32.9% year-over-year).
- 2019: Revenue of $15K, expenses of $3K, and assets of $14K (revenue +30.3% year-over-year).
- 2018: Revenue of $12K, expenses of $8K, and assets of $25K (revenue -83.5% year-over-year).
- 2017: Revenue of $71K, expenses of $267K, and assets of $41K (revenue -82.6% year-over-year).
- 2016: Revenue of $410K, expenses of $417K, and assets of $224K (revenue -36.2% year-over-year).
- 2015: Revenue of $642K, expenses of $370K, and assets of $253K (revenue +175.6% year-over-year).
- 2014: Revenue of $233K, expenses of $440K, and assets of $65K (revenue +13.7% year-over-year).
- 2013: Revenue of $205K, expenses of $355K, and assets of $76K (revenue -63.1% year-over-year).
- 2012: Revenue of $555K, expenses of $464K, and assets of $166K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Committee To Preserve Social Security&Medicare Fndn:
Data Sources and Methodology
This transparency report for National Committee To Preserve Social Security&Medicare Fndn 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.