Neurosurgery Executives Resource Value & Education Society Inc

Neurosurgery Executives Resource Value & Education Society Inc maintains stable finances with no reported officer compensation and consistent asset growth.

EIN: 141887172 · Charlotte, NC · NTEE: S41 · Updated: 2026-03-28

$335KRevenue
$395KAssets
85/100Mission Score (Excellent)
S41
Neurosurgery Executives Resource Value & Education Society Inc Financial Summary
MetricValue
Total Revenue$335K
Total Expenses$241K
Program Spending80%
CEO/Top Officer Pay$271,697
Net Assets$344K
Transparency Score85/100

Is Neurosurgery Executives Resource Value & Education Society Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Neurosurgery Executives Resource Value & Education Society Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Neurosurgery Executives Resource Value & Education Society Inc

Neurosurgery Executives Resource Value & Education Society Inc (EIN: 141887172) is a nonprofit organization based in Charlotte, NC, classified under NTEE code S41. The organization reported total revenue of $335K and total assets of $395K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neurosurgery Executives Resource Value & Education Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

23Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Neurosurgery Executives Resource Value & Education Society Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$272K
Total Expenses$241K
Surplus / Deficit+$31K
Total Assets$344K
Net Assets$344K
Operating Margin11.4%
Months of Reserves17.1 months

Financial Health Grade: A

In 2023, Neurosurgery Executives Resource Value & Education Society Inc reported a surplus of $31K with revenue exceeding expenses, holds 17.1 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Neurosurgery Executives Resource Value & Education Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+36.7%-11.2%+10.7%
2022+8.9%+101.7%-18.9%
2021+49.2%+35.1%+14.4%
2020-43.8%-49.7%+7.3%
2019-11.3%-1.5%+6.8%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2003

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Neurosurgery Executives Resource Value & Education Society Inc (NERVES) demonstrates a generally stable financial position with consistent revenue generation over the past decade. The organization's latest filing (202312) shows revenue of $271,697 against expenses of $240,683, indicating a surplus for the period. While there was a deficit in 202212 (revenue $198,762 vs. expenses $271,058), the overall trend suggests prudent financial management, with assets growing to $343,788 in 202312 and no reported liabilities across all filings, which is a strong indicator of financial health and low risk. Spending efficiency appears reasonable, with the organization consistently spending less than or close to its revenue in most years, allowing for asset accumulation. The absence of reported officer compensation across all filings is a significant positive for transparency and efficiency, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is unusual but beneficial for resource allocation. The organization's NTEE code S41 (Medical Societies/Associations) aligns with its name, indicating a clear programmatic focus. Transparency is high given the consistent filing of IRS Form 990s and the clear financial statements showing no liabilities and zero officer compensation. This level of transparency, combined with a healthy asset base and generally positive operating margins, suggests a well-managed and accountable organization. The consistent growth in assets, from $271,336 in 201412 to $343,788 in 202312, further reinforces its financial stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Neurosurgery Executives Resource Value & Education 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, Neurosurgery Executives Resource Value & Education 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:

$272KTotal Revenue
$241KTotal Expenses
$344KTotal Assets
$344KNet Assets
  • The organization reported a surplus of $31K, with revenue exceeding expenses.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer or compensated through non-officer categories, which is highly efficient for a nonprofit of its size (latest revenue $271,697).

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 Neurosurgery Executives Resource Value & Education Society Inc:

  • Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
  • No reported liabilities across all 13 IRS 990 filings, demonstrating strong financial health.
  • Consistent growth in assets, from $271,336 in 201412 to $343,788 in 202312, indicating financial stability.
  • Generally operates with a surplus, as seen in 202312 (Revenue $271,697 vs. Expenses $240,683).
  • Clear programmatic focus aligned with its NTEE code (S41 - Medical Societies/Associations).

Frequently Asked Questions about Neurosurgery Executives Resource Value & Education Society Inc

Is Neurosurgery Executives Resource Value & Education Society Inc a legitimate charity?

Neurosurgery Executives Resource Value & Education Society Inc (EIN: 141887172) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $335K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Neurosurgery Executives Resource Value & Education Society Inc spend its money?

Neurosurgery Executives Resource Value & Education Society Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Neurosurgery Executives Resource Value & Education Society Inc tax-deductible?

Neurosurgery Executives Resource Value & Education Society Inc is registered as a tax-exempt nonprofit (EIN: 141887172). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Neurosurgery Executives Resource Value & Education Society Inc CEO make?

Neurosurgery Executives Resource Value & Education Society Inc's highest-compensated officer earns $271,697 annually. The organization reported $335K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Neurosurgery Executives Resource Value & Education Society Inc's spending goes to programs?

Neurosurgery Executives Resource Value & Education Society Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Neurosurgery Executives Resource Value & Education Society Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Neurosurgery Executives Resource Value & Education Society Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Neurosurgery Executives Resource Value & Education Society Inc located?

Neurosurgery Executives Resource Value & Education Society Inc is headquartered in Charlotte, North Carolina and files with the IRS under EIN 141887172. It is classified under NTEE code S41.

How many years of IRS 990 filings does Neurosurgery Executives Resource Value & Education Society Inc have?

Neurosurgery Executives Resource Value & Education 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 $335K in total revenue.

Is Neurosurgery Executives Resource Value & Education Society Inc a good charity?

Based on the available IRS 990 data, NERVES appears to be a financially sound and well-managed organization. It consistently reports no liabilities, has growing assets, and shows 0% officer compensation, which are strong indicators of efficiency and responsible financial stewardship.

How does NERVES manage its executive compensation?

NERVES reports 0% officer compensation in all its IRS 990 filings, suggesting that its executive leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a highly efficient practice for a nonprofit.

What is the financial trend of NERVES over the past few years?

NERVES has shown a positive financial trend, with revenue increasing from $122,370 in 202012 to $271,697 in 202312. While there was a deficit in 202212, the organization generally operates with a surplus, leading to consistent asset growth from $271,336 in 201412 to $343,788 in 202312.

Filing History

IRS 990 filing history for Neurosurgery Executives Resource Value & Education Society Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Neurosurgery Executives Resource Value & Education Society Inc's revenue has grown by 64.8%, moving from $165K to $272K. Total assets increased by 34.9% over the same period, from $255K to $344K. Total functional expenses rose by 100.4%, from $120K to $241K. In its most recent filing year (2023), Neurosurgery Executives Resource Value & Education Society Inc reported a surplus of $31K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $272K $241K $344K $0 View 990
2022 $199K $271K $310K $0 View 990
2021 $183K $134K $383K $0 View 990
2020 $122K $99K $335K $0
2019 $218K $198K $312K $0 View 990
2018 $245K $201K $292K $0 View 990
2017 $238K $221K $247K $0 View 990
2016 $210K $214K $231K $0 View 990
2015 $182K $219K $234K $0 View 990
2014 $198K $206K $271K $0 View 990
2013 $180K $163K $280K $0 View 990
2012 $179K $171K $263K $0 View 990
2011 $165K $120K $255K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $272K, expenses of $241K, and assets of $344K (revenue +36.7% year-over-year).
  • 2022: Revenue of $199K, expenses of $271K, and assets of $310K (revenue +8.9% year-over-year).
  • 2021: Revenue of $183K, expenses of $134K, and assets of $383K (revenue +49.2% year-over-year).
  • 2020: Revenue of $122K, expenses of $99K, and assets of $335K (revenue -43.8% year-over-year).
  • 2019: Revenue of $218K, expenses of $198K, and assets of $312K (revenue -11.3% year-over-year).
  • 2018: Revenue of $245K, expenses of $201K, and assets of $292K (revenue +3.3% year-over-year).
  • 2017: Revenue of $238K, expenses of $221K, and assets of $247K (revenue +13.1% year-over-year).
  • 2016: Revenue of $210K, expenses of $214K, and assets of $231K (revenue +15.4% year-over-year).
  • 2015: Revenue of $182K, expenses of $219K, and assets of $234K (revenue -7.9% year-over-year).
  • 2014: Revenue of $198K, expenses of $206K, and assets of $271K (revenue +10.0% year-over-year).
  • 2013: Revenue of $180K, expenses of $163K, and assets of $280K (revenue +0.1% year-over-year).
  • 2012: Revenue of $179K, expenses of $171K, and assets of $263K (revenue +8.9% year-over-year).
  • 2011: Revenue of $165K, expenses of $120K, and assets of $255K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Neurosurgery Executives Resource Value & Education Society Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Neurosurgery Executives Resource Value & Education 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.

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