Society Of Labor Economists
EIN: 853909673 · Alexandria, VA · NTEE: Y03
Is Society Of Labor Economists Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Society Of Labor Economists
Society Of Labor Economists (EIN: 853909673) is a nonprofit organization based in Alexandria, VA, classified under NTEE code Y03. The organization reported total revenue of $209K and total assets of $223K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society Of Labor Economists's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Society Of Labor Economists is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $209K |
| Surplus / Deficit | +$0 |
| Total Assets | $223K |
| Total Liabilities | $223K |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 12.8 months |
Financial Health Grade: B
In 2023, Society Of Labor Economists reported a surplus of $0 with revenue exceeding expenses, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 3 years of filings (2021–2023), Society Of Labor Economists's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.4% | -12.4% | +3.3% |
| 2022 | +27.5% | +158.8% | -7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Society Of Labor Economists 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 Of Labor Economists 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 $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Society Of Labor Economists
Is Society Of Labor Economists a legitimate charity?
Based on AI analysis of IRS 990 filings, Society Of Labor Economists (EIN: 853909673) insufficient data. 0 red flags identified, 0 strengths noted.
How does Society Of Labor Economists spend its money?
Detailed spending breakdown data is not yet available for Society Of Labor Economists. Check back for updated IRS 990 analysis.
Are donations to Society Of Labor Economists tax-deductible?
Society Of Labor Economists is registered as a tax-exempt nonprofit (EIN: 853909673). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Society Of Labor Economists showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Society Of Labor Economists's revenue has grown by 11.8%, moving from $187K to $209K. Total assets decreased by 3.9% over the same period, from $232K to $223K. Total functional expenses rose by 126.8%, from $92K to $209K. In its most recent filing year (2023), Society Of Labor Economists reported a surplus of $0, with revenue exceeding expenses. The organization holds $223K in liabilities against $223K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $209K | $209K | $223K | $223K | — | — |
| 2022 | $238K | $238K | $216K | $216K | — | View 990 |
| 2021 | $187K | $92K | $232K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $209K, expenses of $209K, and assets of $223K (revenue -12.4% year-over-year).
- 2022: Revenue of $238K, expenses of $238K, and assets of $216K (revenue +27.5% year-over-year).
- 2021: Revenue of $187K, expenses of $92K, and assets of $232K.
Data Sources and Methodology
This transparency report for Society Of Labor Economists 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.