Society For Functional Near Infrared Spectroscopy Inc
EIN: 464681158 · Winchester, MA · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $250K |
| Total Expenses | $18K |
| Net Assets | $374K |
Is Society For Functional Near Infrared Spectroscopy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Society For Functional Near Infrared Spectroscopy Inc
Society For Functional Near Infrared Spectroscopy Inc (EIN: 464681158) is a nonprofit organization based in Winchester, MA, classified under NTEE code P99. The organization reported total revenue of $250K and total assets of $375K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society For Functional Near Infrared Spectroscopy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Society For Functional Near Infrared Spectroscopy Inc is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47K |
| Total Expenses | $18K |
| Surplus / Deficit | +$29K |
| Total Assets | $374K |
| Net Assets | $374K |
| Operating Margin | 62.5% |
| Months of Reserves | 254.4 months |
Financial Health Grade: A
In 2023, Society For Functional Near Infrared Spectroscopy Inc reported a surplus of $29K with revenue exceeding expenses, holds 254.4 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Society For Functional Near Infrared Spectroscopy Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -87.5% | -91.0% | +8.5% |
| 2022 | +884.2% | +974.8% | +110.0% |
| 2021 | +56.7% | +29.9% | +13.9% |
| 2020 | -19.7% | -68.9% | +7.8% |
| 2019 | -87.7% | -80.9% | +63.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Society For Functional Near Infrared Spectroscopy Inc 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 Functional Near Infrared Spectroscopy Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $29K, with revenue exceeding expenses.
Frequently Asked Questions about Society For Functional Near Infrared Spectroscopy Inc
Is Society For Functional Near Infrared Spectroscopy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Society For Functional Near Infrared Spectroscopy Inc (EIN: 464681158) insufficient data. 0 red flags identified, 0 strengths noted.
How does Society For Functional Near Infrared Spectroscopy Inc spend its money?
Detailed spending breakdown data is not yet available for Society For Functional Near Infrared Spectroscopy Inc. Check back for updated IRS 990 analysis.
Are donations to Society For Functional Near Infrared Spectroscopy Inc tax-deductible?
Society For Functional Near Infrared Spectroscopy Inc is registered as a tax-exempt nonprofit (EIN: 464681158). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Society For Functional Near Infrared Spectroscopy Inc located?
Society For Functional Near Infrared Spectroscopy Inc is headquartered in Winchester, Massachusetts and files with the IRS under EIN 464681158. It is classified under NTEE code P99.
How many years of IRS 990 filings does Society For Functional Near Infrared Spectroscopy Inc have?
Society For Functional Near Infrared Spectroscopy Inc has 10 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 $250K in total revenue.
Filing History
IRS 990 filing history for Society For Functional Near Infrared Spectroscopy Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Society For Functional Near Infrared Spectroscopy Inc's revenue has declined by 60.6%, moving from $120K to $47K. Total assets increased by 721.7% over the same period, from $46K to $374K. Total functional expenses fell by 76.2%, from $74K to $18K. In its most recent filing year (2023), Society For Functional Near Infrared Spectroscopy Inc reported a surplus of $29K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47K | $18K | $374K | $0 | — | — |
| 2022 | $377K | $197K | $345K | $0 | — | View 990 |
| 2021 | $38K | $18K | $164K | $0 | — | View 990 |
| 2020 | $24K | $14K | $144K | $0 | — | View 990 |
| 2019 | $30K | $45K | $134K | $0 | — | — |
| 2018 | $248K | $237K | $82K | $0 | — | View 990 |
| 2017 | $112K | $7K | $173K | $0 | — | View 990 |
| 2016 | $151K | $123K | $68K | $0 | — | View 990 |
| 2015 | $0 | $5K | $40K | $0 | — | View 990 |
| 2014 | $120K | $74K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $47K, expenses of $18K, and assets of $374K (revenue -87.5% year-over-year).
- 2022: Revenue of $377K, expenses of $197K, and assets of $345K (revenue +884.2% year-over-year).
- 2021: Revenue of $38K, expenses of $18K, and assets of $164K (revenue +56.7% year-over-year).
- 2020: Revenue of $24K, expenses of $14K, and assets of $144K (revenue -19.7% year-over-year).
- 2019: Revenue of $30K, expenses of $45K, and assets of $134K (revenue -87.7% year-over-year).
- 2018: Revenue of $248K, expenses of $237K, and assets of $82K (revenue +121.1% year-over-year).
- 2017: Revenue of $112K, expenses of $7K, and assets of $173K (revenue -25.9% year-over-year).
- 2016: Revenue of $151K, expenses of $123K, and assets of $68K.
- 2015: Revenue of $0, expenses of $5K, and assets of $40K (revenue -100.0% year-over-year).
- 2014: Revenue of $120K, expenses of $74K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Society For Functional Near Infrared Spectroscopy Inc:
Data Sources and Methodology
This transparency report for Society For Functional Near Infrared Spectroscopy 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.