Society To Advance Opticianry
EIN: 275092647 · Ruidoso, NM · NTEE: S41
| Metric | Value |
|---|---|
| Total Expenses | $764 |
| Net Assets | $2K |
Is Society To Advance Opticianry Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Society To Advance Opticianry
Society To Advance Opticianry (EIN: 275092647) is a nonprofit organization based in Ruidoso, NM, classified under NTEE code S41. 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 To Advance Opticianry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Society To Advance Opticianry is a micro nonprofit that has been operating for 14 years, with 8 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -17.2%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $764 |
| Surplus / Deficit | +$550 |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | 41.9% |
| Months of Reserves | 27.2 months |
Financial Health Grade: A
In 2019, Society To Advance Opticianry reported a surplus of $550 with revenue exceeding expenses, holds 27.2 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2011–2019), Society To Advance Opticianry's revenue has declined at a compound annual growth rate (CAGR) of -17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +169.8% | +108.2% | -22.3% |
| 2017 | -83.6% | -73.5% | +13.2% |
| 2016 | +102.5% | +4.0% | +1382.0% |
| 2014 | -100.0% | — | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Society To Advance Opticianry 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 To Advance Opticianry 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $550, with revenue exceeding expenses.
Frequently Asked Questions about Society To Advance Opticianry
Is Society To Advance Opticianry a legitimate charity?
Society To Advance Opticianry (EIN: 275092647) is a registered tax-exempt nonprofit based in New Mexico. It has 8 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Society To Advance Opticianry spend its money?
Society To Advance Opticianry reported its financials in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Society To Advance Opticianry tax-deductible?
Society To Advance Opticianry is registered as a tax-exempt nonprofit (EIN: 275092647). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Society To Advance Opticianry located?
Society To Advance Opticianry is headquartered in Ruidoso, New Mexico and files with the IRS under EIN 275092647. It is classified under NTEE code S41.
How many years of IRS 990 filings does Society To Advance Opticianry have?
Society To Advance Opticianry has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Society To Advance Opticianry showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2019), Society To Advance Opticianry's revenue has declined by 77.9%, moving from $6K to $1K. Total assets decreased by 56.6% over the same period, from $4K to $2K. Total functional expenses fell by 61%, from $2K to $764. In its most recent filing year (2019), Society To Advance Opticianry reported a surplus of $550, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $1K | $764 | $2K | $0 | — | View 990 |
| 2017 | $487 | $367 | $2K | $0 | — | View 990 |
| 2016 | $3K | $1K | $2K | $0 | — | View 990 |
| 2015 | $1K | $1K | $133 | $0 | — | View 990 |
| 2014 | $0 | $0 | $613 | $0 | — | View 990 |
| 2013 | $611 | $0 | $613 | $0 | — | View 990 |
| 2012 | $2K | $5K | $903 | $0 | — | View 990 |
| 2011 | $6K | $2K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $1K, expenses of $764, and assets of $2K (revenue +169.8% year-over-year).
- 2017: Revenue of $487, expenses of $367, and assets of $2K (revenue -83.6% year-over-year).
- 2016: Revenue of $3K, expenses of $1K, and assets of $2K (revenue +102.5% year-over-year).
- 2015: Revenue of $1K, expenses of $1K, and assets of $133.
- 2014: Revenue of $0, expenses of $0, and assets of $613 (revenue -100.0% year-over-year).
- 2013: Revenue of $611, expenses of $0, and assets of $613 (revenue -73.1% year-over-year).
- 2012: Revenue of $2K, expenses of $5K, and assets of $903 (revenue -61.9% year-over-year).
- 2011: Revenue of $6K, expenses of $2K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Society To Advance Opticianry:
Data Sources and Methodology
This transparency report for Society To Advance Opticianry 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.