New England Shoulder And Elbow Society
New England Shoulder And Elbow Society maintains consistent revenue and growing assets with no reported liabilities.
EIN: 202181021 · Farmington, CT · NTEE: E05 · Updated: 2026-03-28
Is New England Shoulder And Elbow Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New England Shoulder And Elbow Society directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New England Shoulder And Elbow Society
New England Shoulder And Elbow Society (EIN: 202181021) is a nonprofit organization based in Farmington, CT, classified under NTEE code E05. The organization reported total revenue of $163K and total assets of $187K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New England Shoulder And Elbow Society'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 New England Shoulder And Elbow Society 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, New England Shoulder And Elbow Society 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
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization or one with very low overhead for its leadership, which is a positive sign for donors.
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 New England Shoulder And Elbow Society:
- Consistent growth in assets, from $11,520 in 2016 to $167,316 in 2023.
- Zero reported liabilities across all 13 filings, indicating strong financial solvency.
- 0% officer compensation reported in all filings, suggesting efficient use of funds for mission-related activities.
- Consistent filing of IRS Form 990s, demonstrating transparency and compliance.
- Generally stable revenue streams over the past decade, with most years exceeding $100,000.
Frequently Asked Questions about New England Shoulder And Elbow Society
Is New England Shoulder And Elbow Society a legitimate charity?
Based on AI analysis of IRS 990 filings, New England Shoulder And Elbow Society (EIN: 202181021) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does New England Shoulder And Elbow Society spend its money?
New England Shoulder And Elbow Society directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New England Shoulder And Elbow Society tax-deductible?
New England Shoulder And Elbow Society is registered as a tax-exempt nonprofit (EIN: 202181021). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is New England Shoulder And Elbow Society a good charity?
Based on the available data, the New England Shoulder And Elbow Society appears to be a well-managed organization with growing assets and no liabilities. The 0% officer compensation is a strong positive indicator of efficient use of funds. However, a detailed breakdown of program spending would provide a more complete picture of its direct impact.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing significantly from $11,520 in 2016 to $167,316 in 2023. While revenues have fluctuated, the consistent absence of liabilities and the growth in assets suggest a stable and strengthening financial position.
What caused the revenue dip in 2021?
The provided data does not specify the reason for the significant revenue dip in 2021 to $16,500 from $123,500 in 2020 and $175,550 in 2022. This could be due to a one-time event, reduced fundraising, or a change in operational activities during that period.
Filing History
IRS 990 filing history for New England Shoulder And Elbow Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New England Shoulder And Elbow Society's revenue has grown by 69.4%, moving from $81K to $138K. Total assets increased by 303.5% over the same period, from $41K to $167K. Total functional expenses rose by 108.5%, from $59K to $124K. In its most recent filing year (2023), New England Shoulder And Elbow Society reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $138K | $124K | $167K | $0 | — | View 990 |
| 2022 | $176K | $99K | $153K | $0 | — | View 990 |
| 2021 | $17K | $3K | $77K | $0 | — | View 990 |
| 2020 | $124K | $152K | $64K | $0 | — | View 990 |
| 2019 | $156K | $131K | $92K | $0 | — | View 990 |
| 2018 | $149K | $139K | $67K | $0 | — | View 990 |
| 2017 | $147K | $101K | $57K | $0 | — | View 990 |
| 2016 | $143K | $163K | $12K | $0 | — | View 990 |
| 2015 | $125K | $143K | $32K | $0 | — | View 990 |
| 2014 | $105K | $115K | $50K | $0 | — | View 990 |
| 2013 | $104K | $98K | $60K | $0 | — | View 990 |
| 2012 | $95K | $82K | $54K | $0 | — | View 990 |
| 2011 | $81K | $59K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $138K, expenses of $124K, and assets of $167K (revenue -21.4% year-over-year).
- 2022: Revenue of $176K, expenses of $99K, and assets of $153K (revenue +963.9% year-over-year).
- 2021: Revenue of $17K, expenses of $3K, and assets of $77K (revenue -86.6% year-over-year).
- 2020: Revenue of $124K, expenses of $152K, and assets of $64K (revenue -20.8% year-over-year).
- 2019: Revenue of $156K, expenses of $131K, and assets of $92K (revenue +5.1% year-over-year).
- 2018: Revenue of $149K, expenses of $139K, and assets of $67K (revenue +1.1% year-over-year).
- 2017: Revenue of $147K, expenses of $101K, and assets of $57K (revenue +2.9% year-over-year).
- 2016: Revenue of $143K, expenses of $163K, and assets of $12K (revenue +14.6% year-over-year).
- 2015: Revenue of $125K, expenses of $143K, and assets of $32K (revenue +18.9% year-over-year).
- 2014: Revenue of $105K, expenses of $115K, and assets of $50K (revenue +1.0% year-over-year).
- 2013: Revenue of $104K, expenses of $98K, and assets of $60K (revenue +9.6% year-over-year).
- 2012: Revenue of $95K, expenses of $82K, and assets of $54K (revenue +16.2% year-over-year).
- 2011: Revenue of $81K, expenses of $59K, and assets of $41K.
Data Sources and Methodology
This transparency report for New England Shoulder And Elbow Society 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.