Orthopaedic Nurses Certification Board Inc
Orthopaedic Nurses Certification Board: Declining Revenue, Stable Assets
EIN: 222899594 · Chicago, IL · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $700K |
| Total Expenses | $556K |
| Program Spending | 70% |
| Net Assets | $1.2M |
| Transparency Score | 80/100 |
Is Orthopaedic Nurses Certification Board Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Orthopaedic Nurses Certification Board Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Orthopaedic Nurses Certification Board Inc
Orthopaedic Nurses Certification Board Inc (EIN: 222899594) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $700K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Orthopaedic Nurses Certification Board Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Orthopaedic Nurses Certification Board Inc is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $295K |
| Total Expenses | $556K |
| Surplus / Deficit | $-261,664 |
| Total Assets | $1.2M |
| Total Liabilities | $68K |
| Net Assets | $1.2M |
| Operating Margin | -88.8% |
| Debt-to-Asset Ratio | 5.4% |
| Months of Reserves | 26.8 months |
Financial Health Grade: B
In 2023, Orthopaedic Nurses Certification Board Inc reported a deficit of $262K with expenses exceeding revenue, holds 26.8 months of operating reserves (strong position), has a debt-to-asset ratio of 5.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Orthopaedic Nurses Certification Board Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.4% | -6.5% | -6.0% |
| 2022 | -14.0% | +24.5% | -22.0% |
| 2021 | +2.1% | +7.1% | +4.6% |
| 2020 | -14.7% | -15.6% | +2.3% |
| 2019 | -9.8% | -8.8% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1989 |
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 Orthopaedic Nurses Certification Board Inc with a Mission Score of 80 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: 70%
- fundraising: 15%
According to IRS 990 filings, Orthopaedic Nurses Certification Board Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $262K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.4%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, as 'c0%' is consistently reported, suggesting either no compensation or it's not itemized in the provided financial summary.
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 Orthopaedic Nurses Certification Board Inc's IRS 990 filings:
- Consistent decline in revenue over the past 8 years, from $656,556 in 2016 to $294,698 in 2023.
- Lack of specific executive compensation data (consistently reported as 'c0%') makes it difficult to assess fairness and transparency in this area.
Strengths
The following positive indicators were identified for Orthopaedic Nurses Certification Board Inc:
- Maintained a stable asset base despite declining revenue, indicating sound financial management of existing resources.
- Low liabilities relative to assets, suggesting good financial health and solvency.
Frequently Asked Questions about Orthopaedic Nurses Certification Board Inc
Is Orthopaedic Nurses Certification Board Inc a legitimate charity?
Orthopaedic Nurses Certification Board Inc (EIN: 222899594) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $700K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Orthopaedic Nurses Certification Board Inc spend its money?
Orthopaedic Nurses Certification Board Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Orthopaedic Nurses Certification Board Inc tax-deductible?
Orthopaedic Nurses Certification Board Inc is registered as a tax-exempt nonprofit (EIN: 222899594). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Orthopaedic Nurses Certification Board Inc's spending goes to programs?
Orthopaedic Nurses Certification Board Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Orthopaedic Nurses Certification Board Inc located?
Orthopaedic Nurses Certification Board Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 222899594.
How many years of IRS 990 filings does Orthopaedic Nurses Certification Board Inc have?
Orthopaedic Nurses Certification Board 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 $700K in total revenue.
What does Orthopaedic Nurses Certification Board Inc do?
Orthopaedic Nurses Certification Board Inc is a nonprofit organization in the Unknown sector, located in Chicago, Illinois. It is classified under NTEE code Unknown.
How much revenue does Orthopaedic Nurses Certification Board Inc have?
Orthopaedic Nurses Certification Board Inc reported total revenue of $699,714. Based on 13 IRS 990 filings on record.
What are Orthopaedic Nurses Certification Board Inc's total assets?
Orthopaedic Nurses Certification Board Inc holds total assets of $1,193,522 as reported in IRS 990 filings.
Where is Orthopaedic Nurses Certification Board Inc located?
Orthopaedic Nurses Certification Board Inc is based in Chicago, Illinois.
What is Orthopaedic Nurses Certification Board Inc's EIN?
Orthopaedic Nurses Certification Board Inc's Employer Identification Number (EIN) is 222899594. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Orthopaedic Nurses Certification Board Inc?
Orthopaedic Nurses Certification Board Inc is classified under NTEE code Unknown (Unknown).
Is Orthopaedic Nurses Certification Board Inc a registered 501(c)(3)?
Orthopaedic Nurses Certification Board Inc appears in IRS records (EIN: 222899594). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Orthopaedic Nurses Certification Board Inc file IRS Form 990?
Yes, Orthopaedic Nurses Certification Board Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Orthopaedic Nurses Certification Board Inc's revenue in 2023?
In the 202312 filing period, Orthopaedic Nurses Certification Board Inc reported total revenue of $294,698, total expenses of $556,362, and net assets of $1,244,304.
Is Orthopaedic Nurses Certification Board Inc's revenue growing or declining?
Orthopaedic Nurses Certification Board Inc's revenue is declining. Revenue went from $400,156 (202212) to $294,698 (202312), a -26.4% change. Based on 13 filings on record.
What is Orthopaedic Nurses Certification Board Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Orthopaedic Nurses Certification Board Inc covers tax period 202312. It shows revenue of $294,698, expenses of $556,362, total assets of $1,244,304, and liabilities of $67,582.
How much does Orthopaedic Nurses Certification Board Inc spend on programs vs administration?
Based on IRS 990 analysis, Orthopaedic Nurses Certification Board Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Orthopaedic Nurses Certification Board Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Orthopaedic Nurses Certification Board Inc appears trustworthy. Mission Score: 80/100 (Excellent). 2 red flags identified. 2 strengths noted.
What are the red flags for Orthopaedic Nurses Certification Board Inc?
The following concerns were identified: Consistent decline in revenue over the past 8 years, from $656,556 in 2016 to $294,698 in 2023.. Lack of specific executive compensation data (consistently reported as 'c0%') makes it difficult to assess fairness and transparency in this area.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Orthopaedic Nurses Certification Board Inc's strengths?
Positive indicators for Orthopaedic Nurses Certification Board Inc include: Maintained a stable asset base despite declining revenue, indicating sound financial management of existing resources.. Low liabilities relative to assets, suggesting good financial health and solvency.. These findings are derived from AI analysis of the organization's financial filings.
How does Orthopaedic Nurses Certification Board Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, as 'c0%' is consistently reported, suggesting either no compensation or it's not itemized in the provided financial summary. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Orthopaedic Nurses Certification Board Inc?
• Revenue has consistently declined from $656,556 in 2016 to $294,698 in 2023. • Total assets have remained relatively stable, fluctuating between $1.19M and $1.69M over the past 8 years. • The organization consistently reports 0% compensation, which may indicate executive compensation is not reported or is very low. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent decline in revenue, what strategies are being implemented to diversify income streams or increase certification demand?
The provided data does not offer insight into specific strategies, but the sustained asset base suggests the organization is managing its existing capital effectively while facing revenue challenges.
How does the organization manage to maintain a stable asset base despite a significant and prolonged drop in revenue?
This could be due to effective expense management, investment income from existing assets, or drawing down on reserves. Without detailed expense breakdowns or investment returns, the exact mechanism is unclear.
Filing History
IRS 990 filing history for Orthopaedic Nurses Certification Board Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Orthopaedic Nurses Certification Board Inc's revenue has declined by 43.9%, moving from $526K to $295K. Total assets increased by 33.7% over the same period, from $930K to $1.2M. Total functional expenses rose by 30%, from $428K to $556K. In its most recent filing year (2023), Orthopaedic Nurses Certification Board Inc reported a deficit of $262K, with expenses exceeding revenue. The organization holds $68K in liabilities against $1.2M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $295K | $556K | $1.2M | $68K | — | — |
| 2022 | $400K | $595K | $1.3M | $72K | — | View 990 |
| 2021 | $465K | $478K | $1.7M | $7K | — | View 990 |
| 2020 | $456K | $446K | $1.6M | $14K | — | View 990 |
| 2019 | $534K | $528K | $1.6M | $40K | — | View 990 |
| 2018 | $592K | $579K | $1.5M | $77K | — | View 990 |
| 2017 | $611K | $569K | $1.6M | $59K | — | View 990 |
| 2016 | $657K | $571K | $1.5M | $77K | — | View 990 |
| 2015 | $660K | $507K | $1.4M | $71K | — | View 990 |
| 2014 | $467K | $406K | $1.3M | $48K | — | View 990 |
| 2013 | $402K | $458K | $1.2M | $44K | — | View 990 |
| 2012 | $691K | $427K | $1.2M | $7K | — | View 990 |
| 2011 | $526K | $428K | $930K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $295K, expenses of $556K, and assets of $1.2M (revenue -26.4% year-over-year).
- 2022: Revenue of $400K, expenses of $595K, and assets of $1.3M (revenue -14.0% year-over-year).
- 2021: Revenue of $465K, expenses of $478K, and assets of $1.7M (revenue +2.1% year-over-year).
- 2020: Revenue of $456K, expenses of $446K, and assets of $1.6M (revenue -14.7% year-over-year).
- 2019: Revenue of $534K, expenses of $528K, and assets of $1.6M (revenue -9.8% year-over-year).
- 2018: Revenue of $592K, expenses of $579K, and assets of $1.5M (revenue -3.1% year-over-year).
- 2017: Revenue of $611K, expenses of $569K, and assets of $1.6M (revenue -7.0% year-over-year).
- 2016: Revenue of $657K, expenses of $571K, and assets of $1.5M (revenue -0.5% year-over-year).
- 2015: Revenue of $660K, expenses of $507K, and assets of $1.4M (revenue +41.3% year-over-year).
- 2014: Revenue of $467K, expenses of $406K, and assets of $1.3M (revenue +16.0% year-over-year).
- 2013: Revenue of $402K, expenses of $458K, and assets of $1.2M (revenue -41.8% year-over-year).
- 2012: Revenue of $691K, expenses of $427K, and assets of $1.2M (revenue +31.6% year-over-year).
- 2011: Revenue of $526K, expenses of $428K, and assets of $930K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Orthopaedic Nurses Certification Board Inc:
Data Sources and Methodology
This transparency report for Orthopaedic Nurses Certification Board 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.