North American Thrombosis Forum Inc
North American Thrombosis Forum reports fluctuating revenues and recent significant increase in liabilities.
EIN: 204818196 · Brookline, MA · NTEE: B28 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $1.4M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.8M |
| Transparency Score | 75/100 |
Is North American Thrombosis Forum Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North American Thrombosis Forum Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North American Thrombosis Forum Inc
North American Thrombosis Forum Inc (EIN: 204818196) is a nonprofit organization based in Brookline, MA, classified under NTEE code B28. The organization reported total revenue of $3.9M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North American Thrombosis Forum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North American Thrombosis Forum Inc is a mid-size nonprofit that has been operating for 7 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$484K |
| Total Assets | $3.8M |
| Total Liabilities | $6K |
| Net Assets | $3.8M |
| Operating Margin | 26.0% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 32.8 months |
Financial Health Grade: A
In 2023, North American Thrombosis Forum Inc reported a surplus of $484K with revenue exceeding expenses, holds 32.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), North American Thrombosis Forum Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +94.1% | -5.3% | -7.2% |
| 2022 | -15.2% | +23.3% | -26.4% |
| 2021 | +42.1% | +12.9% | +9.1% |
| 2020 | -18.6% | -28.5% | -1.5% |
| 2019 | +56.0% | +267.2% | +47.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
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 North American Thrombosis Forum Inc with a Mission Score of 75 out of 100 (Good). 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, North American Thrombosis Forum 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:
- The organization reported a surplus of $484K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting a volunteer-led executive team or compensation structured outside of typical officer compensation, which is highly favorable for a nonprofit of its size with assets over $3 million.
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 North American Thrombosis Forum Inc's IRS 990 filings:
- Significant increase in liabilities in 2023 ($5,777,000) exceeding total assets ($3,762,873) for the same period.
- Periods of deficit spending, such as in 2022 where expenses ($1,455,319) exceeded revenue ($959,226).
Strengths
The following positive indicators were identified for North American Thrombosis Forum Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship regarding executive pay.
- Long history of IRS 990 filings (11 filings), demonstrating transparency and compliance.
- Maintained multi-million dollar asset base over many years, indicating financial stability.
- Positive net income in 2023 ($1,862,280 revenue vs. $1,378,174 expenses) showing recent financial health.
Frequently Asked Questions about North American Thrombosis Forum Inc
Is North American Thrombosis Forum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North American Thrombosis Forum Inc (EIN: 204818196) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does North American Thrombosis Forum Inc spend its money?
North American Thrombosis Forum Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North American Thrombosis Forum Inc tax-deductible?
North American Thrombosis Forum Inc is registered as a tax-exempt nonprofit (EIN: 204818196). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the North American Thrombosis Forum Inc CEO make?
North American Thrombosis Forum Inc's highest-compensated officer earns $3 annually. The organization reported $3.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of North American Thrombosis Forum Inc's spending goes to programs?
North American Thrombosis Forum Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does North American Thrombosis Forum Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), North American Thrombosis Forum Inc is above average for NTEE category B28 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North American Thrombosis Forum Inc located?
North American Thrombosis Forum Inc is headquartered in Brookline, Massachusetts and files with the IRS under EIN 204818196. It is classified under NTEE code B28.
How many years of IRS 990 filings does North American Thrombosis Forum Inc have?
North American Thrombosis Forum Inc has 11 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 $3.9M in total revenue.
What caused the significant increase in liabilities to $5,777,000 in 2023?
The IRS 990 filings show a dramatic increase in liabilities from $79,713 in 2022 to $5,777,000 in 2023. The specific nature of these liabilities (e.g., loans, deferred revenue, program-related investments) is not detailed in the summary data and would require reviewing the full 990 form for 2023.
How does the organization sustain operations with 0% reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that key personnel are compensated as regular employees rather than officers, or through other entities. This is a strong indicator of efficient use of funds for mission-related activities.
What is the trend in program spending efficiency given the revenue fluctuations?
While specific program spending percentages are not provided in the summary, the organization has managed to maintain operations and grow assets over time despite revenue fluctuations. The positive net income in 2023 ($1,862,280 revenue vs. $1,378,174 expenses) indicates a period of efficient management, contrasting with deficit spending in 2022.
Filing History
IRS 990 filing history for North American Thrombosis Forum Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), North American Thrombosis Forum Inc's revenue has grown by 47.8%, moving from $1.3M to $1.9M. Total assets increased by 58.9% over the same period, from $2.4M to $3.8M. Total functional expenses rose by 111.5%, from $652K to $1.4M. In its most recent filing year (2023), North American Thrombosis Forum Inc reported a surplus of $484K, with revenue exceeding expenses. The organization holds $6K in liabilities against $3.8M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.4M | $3.8M | $6K | — | — |
| 2022 | $959K | $1.5M | $4.1M | $80K | — | View 990 |
| 2021 | $1.1M | $1.2M | $5.5M | $6K | — | View 990 |
| 2020 | $796K | $1.0M | $5.0M | $72K | — | — |
| 2019 | $977K | $1.5M | $5.1M | $38K | — | View 990 |
| 2015 | $626K | $398K | $3.5M | $172K | — | View 990 |
| 2014 | $1.0M | $544K | $3.3M | $75K | — | View 990 |
| 2013 | $584K | $555K | $2.9M | $100K | — | View 990 |
| 2012 | $677K | $545K | $2.7M | $50K | — | View 990 |
| 2011 | $900K | $746K | $2.3M | $0 | — | View 990 |
| 2010 | $1.3M | $652K | $2.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.4M, and assets of $3.8M (revenue +94.1% year-over-year).
- 2022: Revenue of $959K, expenses of $1.5M, and assets of $4.1M (revenue -15.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.2M, and assets of $5.5M (revenue +42.1% year-over-year).
- 2020: Revenue of $796K, expenses of $1.0M, and assets of $5.0M (revenue -18.6% year-over-year).
- 2019: Revenue of $977K, expenses of $1.5M, and assets of $5.1M (revenue +56.0% year-over-year).
- 2015: Revenue of $626K, expenses of $398K, and assets of $3.5M (revenue -38.0% year-over-year).
- 2014: Revenue of $1.0M, expenses of $544K, and assets of $3.3M (revenue +73.1% year-over-year).
- 2013: Revenue of $584K, expenses of $555K, and assets of $2.9M (revenue -13.7% year-over-year).
- 2012: Revenue of $677K, expenses of $545K, and assets of $2.7M (revenue -24.8% year-over-year).
- 2011: Revenue of $900K, expenses of $746K, and assets of $2.3M (revenue -28.6% year-over-year).
- 2010: Revenue of $1.3M, expenses of $652K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North American Thrombosis Forum Inc:
Data Sources and Methodology
This transparency report for North American Thrombosis Forum 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.