Society Of Surgical Oncology Inc
Society Of Surgical Oncology Inc. shows strong assets but recent operating deficits.
EIN: 136161070 · Rosemont, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $7.6M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $9.9M |
| Transparency Score | 75/100 |
Is Society Of Surgical Oncology Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Society Of Surgical Oncology Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Society Of Surgical Oncology Inc
Society Of Surgical Oncology Inc (EIN: 136161070) is a nonprofit organization based in Rosemont, IL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society Of Surgical Oncology Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Society Of Surgical Oncology Inc is a mid-size nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.5M |
| Total Expenses | $7.6M |
| Surplus / Deficit | $-175,687 |
| Total Assets | $12.5M |
| Total Liabilities | $2.6M |
| Net Assets | $9.9M |
| Operating Margin | -2.4% |
| Debt-to-Asset Ratio | 21.1% |
| Months of Reserves | 19.6 months |
Financial Health Grade: B
In 2023, Society Of Surgical Oncology Inc reported a deficit of $176K with expenses exceeding revenue, holds 19.6 months of operating reserves (strong position), has a debt-to-asset ratio of 21.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Society Of Surgical Oncology Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.3% | -0.3% | +7.5% |
| 2022 | -3.1% | +70.7% | -15.0% |
| 2021 | +51.9% | -4.3% | +31.3% |
| 2020 | -16.7% | -18.3% | +5.2% |
| 2019 | +6.8% | +8.6% | +14.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 8000 |
| IRS Ruling Date | 1964 |
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 Society Of Surgical Oncology Inc with a Mission Score of 75 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Society Of Surgical Oncology Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $176K, with expenses exceeding revenue.
- Debt-to-asset ratio: 21.1%.
Executive Compensation Analysis
The reported officer compensation is consistently 0% across all available filings, which is unusual for an organization of this size with annual revenues exceeding $7 million. This could indicate that key personnel are compensated through other means not categorized as 'officer compensation' on the 990, or that the organization relies heavily on volunteer leadership, which would be a significant strength.
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 Surgical Oncology Inc's IRS 990 filings:
- Consistent operating deficits in recent years (2022, 2023)
- Unusually low (0%) reported officer compensation for an organization of this size, warranting further inquiry into executive remuneration structure.
Strengths
The following positive indicators were identified for Society Of Surgical Oncology Inc:
- Strong and growing asset base, reaching $12,493,241 in 2023.
- History of financial stability with assets consistently exceeding liabilities.
- Significant revenue generation, consistently above $4 million annually over the last decade.
- Positive operating margins in several past years (e.g., 2021, 2017, 2016, 2015, 2014).
Frequently Asked Questions about Society Of Surgical Oncology Inc
Is Society Of Surgical Oncology Inc a legitimate charity?
Society Of Surgical Oncology Inc (EIN: 136161070) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Society Of Surgical Oncology Inc spend its money?
Society Of Surgical Oncology Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Society Of Surgical Oncology Inc tax-deductible?
Society Of Surgical Oncology Inc is registered as a tax-exempt nonprofit (EIN: 136161070). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Society Of Surgical Oncology Inc CEO make?
Society Of Surgical Oncology Inc's highest-compensated officer earns $7 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Society Of Surgical Oncology Inc's spending goes to programs?
Society Of Surgical Oncology Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Society Of Surgical Oncology Inc located?
Society Of Surgical Oncology Inc is headquartered in Rosemont, Illinois and files with the IRS under EIN 136161070.
How many years of IRS 990 filings does Society Of Surgical Oncology Inc have?
Society Of Surgical Oncology 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.
Is Society Of Surgical Oncology Inc. a good charity?
The Society Of Surgical Oncology Inc. appears to be a financially stable organization with a strong asset base. While it has experienced recent operating deficits, its consistent reporting and lack of reported officer compensation are positive indicators. Further investigation into the nature of the operating deficits and how executive leadership is compensated would provide a more complete picture.
Why are expenses exceeding revenue in recent years?
In 2023, expenses were $7,639,095 while revenue was $7,463,408, resulting in a deficit. Similarly, in 2022, expenses were $7,663,305 against revenue of $6,890,475. This trend suggests that the organization is spending more than it is bringing in, which could be due to increased program costs, investments, or temporary revenue dips. This warrants closer examination of their operational budget and strategic financial planning.
How does the organization manage its significant assets?
The organization has consistently grown its assets, reaching $12,493,241 in 2023. This indicates effective asset management and potentially a strong endowment or investment strategy, which provides a buffer against operational deficits and supports long-term sustainability.
What is the nature of the '0% Officer Comp' reported?
The consistent reporting of 0% officer compensation is highly unusual for an organization with annual revenues in the millions. It suggests either that the organization is entirely volunteer-led at the officer level, or that compensation for key leadership is reported under different categories (e.g., salaries for employees rather than officers) or through related organizations. This requires clarification for full transparency.
Filing History
IRS 990 filing history for Society Of Surgical Oncology Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Society Of Surgical Oncology Inc's revenue has grown by 120%, moving from $3.4M to $7.5M. Total assets increased by 132% over the same period, from $5.4M to $12.5M. Total functional expenses rose by 126%, from $3.4M to $7.6M. In its most recent filing year (2023), Society Of Surgical Oncology Inc reported a deficit of $176K, with expenses exceeding revenue. The organization holds $2.6M in liabilities against $12.5M in assets (debt-to-asset ratio: 21.1%), resulting in net assets of $9.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.5M | $7.6M | $12.5M | $2.6M | — | — |
| 2022 | $6.9M | $7.7M | $11.6M | $2.5M | — | — |
| 2021 | $7.1M | $4.5M | $13.7M | $2.3M | — | View 990 |
| 2020 | $4.7M | $4.7M | $10.4M | $2.0M | — | View 990 |
| 2019 | $5.6M | $5.7M | $9.9M | $2.2M | — | View 990 |
| 2018 | $5.3M | $5.3M | $8.7M | $1.7M | — | View 990 |
| 2017 | $5.0M | $4.7M | $8.8M | $1.3M | — | View 990 |
| 2016 | $4.9M | $4.8M | $7.9M | $1.3M | — | View 990 |
| 2015 | $5.4M | $4.5M | $7.4M | $1.3M | — | View 990 |
| 2014 | $4.3M | $4.0M | $6.8M | $819K | — | View 990 |
| 2013 | $4.2M | $4.2M | $6.4M | $873K | — | View 990 |
| 2012 | $4.2M | $4.2M | $5.9M | $786K | — | View 990 |
| 2011 | $3.4M | $3.4M | $5.4M | $520K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.5M, expenses of $7.6M, and assets of $12.5M (revenue +8.3% year-over-year).
- 2022: Revenue of $6.9M, expenses of $7.7M, and assets of $11.6M (revenue -3.1% year-over-year).
- 2021: Revenue of $7.1M, expenses of $4.5M, and assets of $13.7M (revenue +51.9% year-over-year).
- 2020: Revenue of $4.7M, expenses of $4.7M, and assets of $10.4M (revenue -16.7% year-over-year).
- 2019: Revenue of $5.6M, expenses of $5.7M, and assets of $9.9M (revenue +6.8% year-over-year).
- 2018: Revenue of $5.3M, expenses of $5.3M, and assets of $8.7M (revenue +5.9% year-over-year).
- 2017: Revenue of $5.0M, expenses of $4.7M, and assets of $8.8M (revenue +0.4% year-over-year).
- 2016: Revenue of $4.9M, expenses of $4.8M, and assets of $7.9M (revenue -8.5% year-over-year).
- 2015: Revenue of $5.4M, expenses of $4.5M, and assets of $7.4M (revenue +25.3% year-over-year).
- 2014: Revenue of $4.3M, expenses of $4.0M, and assets of $6.8M (revenue +2.7% year-over-year).
- 2013: Revenue of $4.2M, expenses of $4.2M, and assets of $6.4M (revenue -0.6% year-over-year).
- 2012: Revenue of $4.2M, expenses of $4.2M, and assets of $5.9M (revenue +24.6% year-over-year).
- 2011: Revenue of $3.4M, expenses of $3.4M, and assets of $5.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Society Of Surgical Oncology Inc:
Data Sources and Methodology
This transparency report for Society Of Surgical Oncology 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.