Society For Biomaterials
EIN: 741806843 · Mount Laurel, NJ · NTEE: G03
About Society For Biomaterials
Society For Biomaterials (EIN: 741806843) is a nonprofit organization based in Mount Laurel, NJ, classified under NTEE code G03. The organization reported total revenue of $974K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society For Biomaterials's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Society For Biomaterials has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Society For Biomaterials with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Filing History
IRS 990 filing history for Society For Biomaterials showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Society For Biomaterials's revenue has declined by 3.1%, moving from $1.2M to $1.2M. Total assets decreased by 33.1% over the same period, from $1.6M to $1.1M. Total functional expenses rose by 5.6%, from $1.1M to $1.1M. In its most recent filing year (2023), Society For Biomaterials reported a surplus of $80K, with revenue exceeding expenses. The organization holds $32K in liabilities against $1.1M in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.1M | $1.1M | $32K | — | View 990 |
| 2022 | $1.2M | $1.3M | $982K | $100K | — | View 990 |
| 2021 | $739K | $762K | $1.3M | $162K | — | View 990 |
| 2020 | $475K | $550K | $1.2M | $80K | — | View 990 |
| 2019 | $1.3M | $1.2M | $1.2M | $35K | — | View 990 |
| 2018 | $1.2M | $1.1M | $1.1M | $126K | — | View 990 |
| 2017 | $1.1M | $1.2M | $1.0M | $101K | — | View 990 |
| 2016 | $512K | $727K | $1.1M | $68K | — | View 990 |
| 2015 | $1.0M | $1.2M | $1.3M | $27K | — | View 990 |
| 2014 | $1.1M | $1.2M | $1.6M | $72K | — | View 990 |
| 2013 | $1.3M | $1.2M | $1.6M | $66K | — | View 990 |
| 2012 | $647K | $725K | $1.5M | $47K | — | View 990 |
| 2011 | $1.2M | $1.1M | $1.6M | $95K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.1M, and assets of $1.1M (revenue +3.8% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.3M, and assets of $982K (revenue +56.5% year-over-year).
- 2021: Revenue of $739K, expenses of $762K, and assets of $1.3M (revenue +55.4% year-over-year).
- 2020: Revenue of $475K, expenses of $550K, and assets of $1.2M (revenue -64.4% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $1.2M (revenue +7.1% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.1M, and assets of $1.1M (revenue +15.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $1.0M (revenue +110.9% year-over-year).
- 2016: Revenue of $512K, expenses of $727K, and assets of $1.1M (revenue -49.9% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.2M, and assets of $1.3M (revenue -10.1% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.2M, and assets of $1.6M (revenue -9.7% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.2M, and assets of $1.6M (revenue +94.5% year-over-year).
- 2012: Revenue of $647K, expenses of $725K, and assets of $1.5M (revenue -47.7% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.1M, and assets of $1.6M.
Data Sources and Methodology
This transparency report for Society For Biomaterials 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.