Society Of Interventional Pain Management Surgery Centers Inc

Society Of Interventional Pain Management Surgery Centers Inc. faces significant financial deficit in 2023 after years of fluctuating performance.

EIN: 202144796 · Paducah, KY · NTEE: S41 · Updated: 2026-03-28

$37KRevenue
$13KGross Revenue
$116KAssets
60/100Mission Score (Good)
S41
Society Of Interventional Pain Management Surgery Centers Inc Financial Summary
MetricValue
Total Revenue$37K
Total Expenses$203K
Program Spending70%
Net Assets$107K
Transparency Score60/100

Is Society Of Interventional Pain Management Surgery Centers Inc Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Society Of Interventional Pain Management Surgery Centers Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Society Of Interventional Pain Management Surgery Centers Inc

Society Of Interventional Pain Management Surgery Centers Inc (EIN: 202144796) is a nonprofit organization based in Paducah, KY, classified under NTEE code S41. The organization reported total revenue of $37K and total assets of $116K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society Of Interventional Pain Management Surgery Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
MicroSize Classification
14Years of Filings
MixedRevenue Trajectory

Society Of Interventional Pain Management Surgery Centers Inc is a micro nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -12.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$14K
Total Expenses$203K
Surplus / Deficit$-188,806
Total Assets$107K
Net Assets$107K
Operating Margin-1371.3%
Months of Reserves6.3 months

Financial Health Grade: B

In 2023, Society Of Interventional Pain Management Surgery Centers Inc reported a deficit of $189K with expenses exceeding revenue, holds 6.3 months of operating reserves (strong position).

Financial Trends

Over 14 years of filings (2010–2023), Society Of Interventional Pain Management Surgery Centers Inc's revenue has declined at a compound annual growth rate (CAGR) of -12.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023-40.1%+3794.9%-63.9%
2022-53.2%+198.6%+6.4%
2021+162.3%-6.0%+20.6%
2020-44.0%-97.7%+7.9%
2019-41.6%+11.3%-18.2%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Society Of Interventional Pain Management Surgery Centers Inc. exhibits inconsistent financial performance, with significant fluctuations in revenue and expenses over the past decade. While the organization has maintained a healthy asset base, reaching a high of $367,010 in 2015, its latest filing for 2023 shows a substantial net loss, with expenses of $202,574 far exceeding revenue of $13,768. This indicates a period of financial strain or significant operational changes. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-led or very lean executive structure, which is a positive indicator of resource allocation towards the mission rather than administrative overhead in that specific area. The organization's spending efficiency is highly variable. In some years, like 2022 and 2021, expenses were very low relative to revenue ($5,201 vs. $22,972 and $1,742 vs. $49,121, respectively), suggesting efficient operations or minimal activity. However, the 2023 filing presents a stark contrast, with expenses being nearly 15 times its revenue, leading to a significant draw-down on assets. This pattern raises questions about the sustainability of its operations if such deficits continue. The lack of reported liabilities across all filings is a positive sign of financial prudence, indicating the organization is not accumulating debt. Transparency appears to be adequate given the consistent filing of IRS Form 990s. The detailed financial data provided allows for an assessment of its financial health. However, the dramatic swings in expenses, particularly the large increase in 2023, would warrant further investigation into the nature of these expenditures to fully understand the organization's operational focus and financial strategy. The consistent zero officer compensation is a strong point for transparency regarding executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Society Of Interventional Pain Management Surgery Centers Inc with a Mission Score of 60 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: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Society Of Interventional Pain Management Surgery Centers Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$14KTotal Revenue
$203KTotal Expenses
$107KTotal Assets
$107KNet Assets
  • The organization reported a deficit of $189K, with expenses exceeding revenue.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly unusual for an organization with its asset base and operational history.

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 Society Of Interventional Pain Management Surgery Centers Inc's IRS 990 filings:

  • Significant net loss in 2023 ($188,806 deficit) indicating unsustainable spending relative to revenue.
  • Dramatic fluctuations in annual expenses and revenue, suggesting inconsistent operations or funding.
  • Substantial decrease in assets from $295,351 in 2022 to $106,545 in 2023, largely due to the 2023 deficit.

Strengths

The following positive indicators were identified for Society Of Interventional Pain Management Surgery Centers Inc:

  • Consistent reporting of 0% officer compensation, indicating resources are not being used for executive salaries.
  • No reported liabilities across all filings, suggesting financial prudence in avoiding debt.
  • Maintained a healthy asset base for many years, providing a buffer against financial downturns (though significantly reduced in 2023).

Frequently Asked Questions about Society Of Interventional Pain Management Surgery Centers Inc

Is Society Of Interventional Pain Management Surgery Centers Inc a legitimate charity?

Society Of Interventional Pain Management Surgery Centers Inc (EIN: 202144796) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 60/100. It has 14 years of IRS 990 filings on record. Total revenue: $37K. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does Society Of Interventional Pain Management Surgery Centers Inc spend its money?

Society Of Interventional Pain Management Surgery Centers Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Society Of Interventional Pain Management Surgery Centers Inc tax-deductible?

Society Of Interventional Pain Management Surgery Centers Inc is registered as a tax-exempt nonprofit (EIN: 202144796). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Society Of Interventional Pain Management Surgery Centers Inc's spending goes to programs?

Society Of Interventional Pain Management Surgery Centers Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Society Of Interventional Pain Management Surgery Centers Inc compare to similar nonprofits?

With a transparency score of 60/100 (Good), Society Of Interventional Pain Management Surgery Centers Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Society Of Interventional Pain Management Surgery Centers Inc located?

Society Of Interventional Pain Management Surgery Centers Inc is headquartered in Paducah, Kentucky and files with the IRS under EIN 202144796. It is classified under NTEE code S41.

How many years of IRS 990 filings does Society Of Interventional Pain Management Surgery Centers Inc have?

Society Of Interventional Pain Management Surgery Centers Inc has 14 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 $37K in total revenue.

What caused the significant increase in expenses to $202,574 in 2023, given the low revenue of $13,768?

The IRS 990 data does not provide specific details on the nature of these expenses, but such a large deficit suggests either a major program initiative, a one-time capital expenditure, or significant operational challenges.

How does the organization plan to address the substantial net loss experienced in 2023?

The filings do not detail future financial strategies. Continued losses at the 2023 level would rapidly deplete the organization's assets, which decreased from $295,351 in 2022 to $106,545 in 2023.

What is the primary source of the organization's revenue, given its fluctuating nature?

The provided data only shows total revenue, which varies significantly year-to-year (e.g., $143,432 in 2017 vs. $13,768 in 2023), suggesting reliance on grants, membership fees, or event-based income that can be inconsistent.

Filing History

IRS 990 filing history for Society Of Interventional Pain Management Surgery Centers Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Society Of Interventional Pain Management Surgery Centers Inc's revenue has declined by 83.2%, moving from $82K to $14K. Total assets decreased by 65.5% over the same period, from $309K to $107K. Total functional expenses rose by 369.7%, from $43K to $203K. In its most recent filing year (2023), Society Of Interventional Pain Management Surgery Centers Inc reported a deficit of $189K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $14K $203K $107K $0
2022 $23K $5K $295K $0 View 990
2021 $49K $2K $278K $0
2020 $19K $2K $230K $0
2019 $33K $81K $213K $0
2018 $57K $73K $261K $0 View 990
2017 $143K $153K $276K $0 View 990
2016 $21K $103K $286K $0 View 990
2015 $36K $4K $367K $0 View 990
2014 $43K $2K $335K $0 View 990
2013 $77K $3K $294K $0 View 990
2012 $55K $103K $219K $0 View 990
2011 $60K $103K $267K $0 View 990
2010 $82K $43K $309K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $14K, expenses of $203K, and assets of $107K (revenue -40.1% year-over-year).
  • 2022: Revenue of $23K, expenses of $5K, and assets of $295K (revenue -53.2% year-over-year).
  • 2021: Revenue of $49K, expenses of $2K, and assets of $278K (revenue +162.3% year-over-year).
  • 2020: Revenue of $19K, expenses of $2K, and assets of $230K (revenue -44.0% year-over-year).
  • 2019: Revenue of $33K, expenses of $81K, and assets of $213K (revenue -41.6% year-over-year).
  • 2018: Revenue of $57K, expenses of $73K, and assets of $261K (revenue -60.1% year-over-year).
  • 2017: Revenue of $143K, expenses of $153K, and assets of $276K (revenue +568.0% year-over-year).
  • 2016: Revenue of $21K, expenses of $103K, and assets of $286K (revenue -40.5% year-over-year).
  • 2015: Revenue of $36K, expenses of $4K, and assets of $367K (revenue -16.3% year-over-year).
  • 2014: Revenue of $43K, expenses of $2K, and assets of $335K (revenue -44.1% year-over-year).
  • 2013: Revenue of $77K, expenses of $3K, and assets of $294K (revenue +39.1% year-over-year).
  • 2012: Revenue of $55K, expenses of $103K, and assets of $219K (revenue -7.8% year-over-year).
  • 2011: Revenue of $60K, expenses of $103K, and assets of $267K (revenue -26.6% year-over-year).
  • 2010: Revenue of $82K, expenses of $43K, and assets of $309K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Society Of Interventional Pain Management Surgery Centers Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing

Data Sources and Methodology

This transparency report for Society Of Interventional Pain Management Surgery Centers 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.

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