National Society Of Genetic Counselors Inc
National Society Of Genetic Counselors shows consistent revenue growth but reported a deficit in 2023.
EIN: 133052488 · Chicago, IL · NTEE: A03 · Updated: 2026-03-28
Is National Society Of Genetic Counselors Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Society Of Genetic Counselors Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Society Of Genetic Counselors Inc
National Society Of Genetic Counselors Inc (EIN: 133052488) is a nonprofit organization based in Chicago, IL, classified under NTEE code A03. The organization reported total revenue of $5.5M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Society Of Genetic Counselors 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 National Society Of Genetic Counselors 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, National Society Of Genetic Counselors 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, suggesting either a volunteer leadership model or compensation structured in a way that is not reported in this specific category on the 990, which is a positive indicator 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 Society Of Genetic Counselors Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest 2023 filing by $242,175.
Strengths
The following positive indicators were identified for National Society Of Genetic Counselors Inc:
- Consistent revenue growth over the past decade, from $2.78M in 2014 to $4.95M in 2023.
- Strong asset base ($5,409,559 in 2023) significantly exceeding liabilities ($604,115 in 2023), indicating good solvency.
- Consistent reporting of 0% officer compensation across all available filings.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about National Society Of Genetic Counselors Inc
Is National Society Of Genetic Counselors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Society Of Genetic Counselors Inc (EIN: 133052488) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does National Society Of Genetic Counselors Inc spend its money?
National Society Of Genetic Counselors Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Society Of Genetic Counselors Inc tax-deductible?
National Society Of Genetic Counselors Inc is registered as a tax-exempt nonprofit (EIN: 133052488). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is National Society Of Genetic Counselors Inc financially stable?
Yes, the organization appears financially stable. While it reported a deficit in 2023 ($4,953,355 revenue vs. $5,195,530 expenses), its assets of $5,409,559 significantly outweigh its liabilities of $604,115, indicating strong solvency and reserves.
How has the organization's revenue trended over time?
The organization has shown consistent revenue growth, increasing from $2,780,906 in 2014 to $4,953,355 in 2023, demonstrating a healthy upward trend in financial support.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's top leadership may be volunteer-based or compensated through mechanisms not classified as 'officer compensation' on the 990, which can be viewed positively as it implies more resources are directed towards programs.
Filing History
IRS 990 filing history for National Society Of Genetic Counselors Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Society Of Genetic Counselors Inc's revenue has grown by 151.2%, moving from $2.0M to $5.0M. Total assets increased by 156.2% over the same period, from $2.1M to $5.4M. Total functional expenses rose by 203.9%, from $1.7M to $5.2M. In its most recent filing year (2023), National Society Of Genetic Counselors Inc reported a deficit of $242K, with expenses exceeding revenue. The organization holds $604K in liabilities against $5.4M in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $5.2M | $5.4M | $604K | — | — |
| 2022 | $4.7M | $5.0M | $5.8M | $1.1M | — | View 990 |
| 2021 | $4.2M | $3.6M | $6.0M | $718K | — | View 990 |
| 2020 | $4.0M | $3.7M | $5.9M | $1.2M | — | — |
| 2019 | $3.9M | $3.5M | $5.3M | $959K | — | View 990 |
| 2018 | $3.5M | $3.5M | $4.5M | $854K | — | View 990 |
| 2017 | $3.2M | $2.9M | $4.6M | $729K | — | — |
| 2016 | $3.3M | $2.9M | $4.3M | $837K | — | View 990 |
| 2015 | $3.0M | $2.5M | $3.6M | $617K | — | View 990 |
| 2014 | $2.8M | $2.3M | $3.3M | $707K | — | View 990 |
| 2013 | $2.3M | $2.2M | $2.8M | $571K | — | View 990 |
| 2012 | $2.2M | $1.8M | $2.4M | $418K | — | View 990 |
| 2011 | $2.0M | $1.7M | $2.1M | $663K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $5.2M, and assets of $5.4M (revenue +4.9% year-over-year).
- 2022: Revenue of $4.7M, expenses of $5.0M, and assets of $5.8M (revenue +13.2% year-over-year).
- 2021: Revenue of $4.2M, expenses of $3.6M, and assets of $6.0M (revenue +4.9% year-over-year).
- 2020: Revenue of $4.0M, expenses of $3.7M, and assets of $5.9M (revenue +0.9% year-over-year).
- 2019: Revenue of $3.9M, expenses of $3.5M, and assets of $5.3M (revenue +14.1% year-over-year).
- 2018: Revenue of $3.5M, expenses of $3.5M, and assets of $4.5M (revenue +9.5% year-over-year).
- 2017: Revenue of $3.2M, expenses of $2.9M, and assets of $4.6M (revenue -5.6% year-over-year).
- 2016: Revenue of $3.3M, expenses of $2.9M, and assets of $4.3M (revenue +11.3% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.5M, and assets of $3.6M (revenue +8.0% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.3M, and assets of $3.3M (revenue +19.5% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.2M, and assets of $2.8M (revenue +6.3% year-over-year).
- 2012: Revenue of $2.2M, expenses of $1.8M, and assets of $2.4M (revenue +11.0% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.7M, and assets of $2.1M.
Data Sources and Methodology
This transparency report for National Society Of Genetic Counselors 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.