Sociological Abstracts Inc
Sociological Abstracts Inc maintains strong assets and no reported officer compensation, despite recent revenue dip.
EIN: 112000581 · Boston, MA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $328K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $94,294 |
| Net Assets | $5.2M |
| Transparency Score | 85/100 |
Is Sociological Abstracts Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sociological Abstracts Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sociological Abstracts Inc
Sociological Abstracts Inc (EIN: 112000581) is a nonprofit organization based in Boston, MA, classified under NTEE code T20. The organization reported total revenue of $1.6M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sociological Abstracts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sociological Abstracts Inc is a mid-size nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $181K |
| Total Expenses | $328K |
| Surplus / Deficit | $-146,966 |
| Total Assets | $5.2M |
| Total Liabilities | $1 |
| Net Assets | $5.2M |
| Operating Margin | -81.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 188.7 months |
Financial Health Grade: B
In 2023, Sociological Abstracts Inc reported a deficit of $147K with expenses exceeding revenue, holds 188.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Sociological Abstracts Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -65.8% | +13.1% | -0.5% |
| 2022 | +6.2% | -5.3% | -11.9% |
| 2021 | +128.9% | +17.2% | +11.7% |
| 2020 | -31.7% | -6.6% | +5.3% |
| 2019 | -22.9% | +6.5% | +14.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Sociological Abstracts Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Sociological Abstracts Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $147K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with annual revenues ranging from $94,294 to $530,173. This suggests either a fully volunteer-led executive team or compensation is categorized differently, which could impact the full picture of administrative costs.
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 Sociological Abstracts Inc's IRS 990 filings:
- Significant revenue decline in the latest filing (202311) leading to a deficit.
- Lack of detailed expense breakdown on 990s makes precise program efficiency analysis difficult.
- Consistent $1 liability reported across all filings is unusual and may warrant clarification.
Strengths
The following positive indicators were identified for Sociological Abstracts Inc:
- Strong asset base ($5,667,621) providing financial stability.
- No reported officer compensation, indicating potential for high efficiency and volunteer engagement.
- Historically low liabilities ($1) across all filings, suggesting minimal debt burden.
- Consistent filing history over a decade, demonstrating transparency and compliance.
Frequently Asked Questions about Sociological Abstracts Inc
Is Sociological Abstracts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sociological Abstracts Inc (EIN: 112000581) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Sociological Abstracts Inc spend its money?
Sociological Abstracts Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sociological Abstracts Inc tax-deductible?
Sociological Abstracts Inc is registered as a tax-exempt nonprofit (EIN: 112000581). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sociological Abstracts Inc CEO make?
Sociological Abstracts Inc's highest-compensated officer earns $94,294 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Sociological Abstracts Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sociological Abstracts Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sociological Abstracts Inc located?
Sociological Abstracts Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 112000581. It is classified under NTEE code T20.
How many years of IRS 990 filings does Sociological Abstracts Inc have?
Sociological Abstracts 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 $1.6M in total revenue.
How does Sociological Abstracts Inc sustain its operations with no reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that executive leadership may be entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the 990, such as through a related entity or as general staff salaries. Further investigation into their operational model would be needed to understand this structure.
What caused the significant revenue drop in the 202311 period to $181,231 from $530,173 in 202211?
The latest filing shows a substantial decrease in revenue, leading to expenses exceeding income. Understanding the specific reasons for this decline, such as changes in funding sources, grants, or operational activities, would be crucial for assessing future financial stability.
Given the NTEE code T20 (Research Institutes and Public Policy Analysis), how does the organization allocate its expenses between program services and administrative overhead?
Without detailed expense breakdowns, it's challenging to precisely determine the program vs. administrative spending. However, the consistent low liabilities and absence of officer compensation suggest a lean operational structure, likely favoring program activities.
Filing History
IRS 990 filing history for Sociological Abstracts Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sociological Abstracts Inc's revenue has declined by 33.6%, moving from $273K to $181K. Total assets increased by 42.6% over the same period, from $3.6M to $5.2M. Total functional expenses rose by 43.7%, from $228K to $328K. In its most recent filing year (2023), Sociological Abstracts Inc reported a deficit of $147K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $181K | $328K | $5.2M | $1 | — | — |
| 2022 | $530K | $290K | $5.2M | $1 | — | View 990 |
| 2021 | $499K | $306K | $5.9M | $1 | — | View 990 |
| 2020 | $218K | $261K | $5.3M | $1 | — | — |
| 2019 | $320K | $280K | $5.0M | $1 | — | View 990 |
| 2015 | $415K | $263K | $4.4M | $1 | — | View 990 |
| 2014 | $323K | $267K | $4.5M | $1 | — | View 990 |
| 2013 | $304K | $204K | $4.4M | $1 | — | View 990 |
| 2012 | $94K | $225K | $3.8M | $1 | — | View 990 |
| 2011 | $273K | $228K | $3.6M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181K, expenses of $328K, and assets of $5.2M (revenue -65.8% year-over-year).
- 2022: Revenue of $530K, expenses of $290K, and assets of $5.2M (revenue +6.2% year-over-year).
- 2021: Revenue of $499K, expenses of $306K, and assets of $5.9M (revenue +128.9% year-over-year).
- 2020: Revenue of $218K, expenses of $261K, and assets of $5.3M (revenue -31.7% year-over-year).
- 2019: Revenue of $320K, expenses of $280K, and assets of $5.0M (revenue -22.9% year-over-year).
- 2015: Revenue of $415K, expenses of $263K, and assets of $4.4M (revenue +28.2% year-over-year).
- 2014: Revenue of $323K, expenses of $267K, and assets of $4.5M (revenue +6.4% year-over-year).
- 2013: Revenue of $304K, expenses of $204K, and assets of $4.4M (revenue +222.3% year-over-year).
- 2012: Revenue of $94K, expenses of $225K, and assets of $3.8M (revenue -65.5% year-over-year).
- 2011: Revenue of $273K, expenses of $228K, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sociological Abstracts Inc:
Data Sources and Methodology
This transparency report for Sociological Abstracts 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.