The Knee Society Inc
The Knee Society Inc. shows consistent revenue growth and no reported officer compensation over a decade.
EIN: 133190169 · Schaumburg, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.7M |
| Total Expenses | $1.9M |
| Program Spending | 80% |
| Net Assets | $4.2M |
| Transparency Score | 90/100 |
Is The Knee Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Knee Society Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Knee Society Inc
The Knee Society Inc (EIN: 133190169) is a nonprofit organization based in Schaumburg, IL. The organization reported total revenue of $5.7M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Knee Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Knee Society Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-11,432 |
| Total Assets | $5.2M |
| Total Liabilities | $999K |
| Net Assets | $4.2M |
| Operating Margin | -0.6% |
| Debt-to-Asset Ratio | 19.3% |
| Months of Reserves | 33.4 months |
Financial Health Grade: B
In 2023, The Knee Society Inc reported a deficit of $11K with expenses exceeding revenue, holds 33.4 months of operating reserves (strong position), has a debt-to-asset ratio of 19.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Knee Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.7% | -6.2% | +6.3% |
| 2022 | +12.6% | +13.8% | +5.1% |
| 2021 | +67.9% | +107.8% | +16.4% |
| 2020 | +63.5% | +44.3% | +17.7% |
| 2019 | +3.6% | -1.9% | +15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 The Knee Society Inc with a Mission Score of 90 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: 80%
- fundraising: 10%
According to IRS 990 filings, The Knee Society Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a volunteer-driven leadership model or that compensation is covered by an affiliated entity, which is a strong positive for resource allocation directly to the mission.
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 The Knee Society Inc's IRS 990 filings:
- Increasing liabilities in recent years, reaching $998,876 in 2023, warrants monitoring relative to asset growth.
Strengths
The following positive indicators were identified for The Knee Society Inc:
- Consistent revenue growth over the past decade, from $1,208,027 in 2014 to $1,844,196 in 2023.
- Strong and growing asset base, increasing from $2,029,800 in 2014 to $5,164,946 in 2023.
- Zero reported officer compensation across all 13 filings, indicating high efficiency and mission focus.
- Consistent filing of IRS Form 990s, demonstrating good transparency.
- Positive net income in most years, suggesting sound financial management.
Frequently Asked Questions about The Knee Society Inc
Is The Knee Society Inc a legitimate charity?
The Knee Society Inc (EIN: 133190169) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.7M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does The Knee Society Inc spend its money?
The Knee Society Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The Knee Society Inc tax-deductible?
The Knee Society Inc is registered as a tax-exempt nonprofit (EIN: 133190169). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Knee Society Inc's spending goes to programs?
The Knee Society Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Knee Society Inc located?
The Knee Society Inc is headquartered in Schaumburg, Illinois and files with the IRS under EIN 133190169.
How many years of IRS 990 filings does The Knee Society Inc have?
The Knee Society 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. The most recent filing shows $5.7M in total revenue.
Is The Knee Society Inc. a good charity?
Based on the provided financial data, The Knee Society Inc. appears to be a well-managed and financially stable organization. It demonstrates consistent revenue growth, healthy asset accumulation, and notably, zero reported officer compensation, which suggests a strong commitment to its mission and efficient use of funds. The consistent filing of IRS 990s also indicates good transparency.
How has The Knee Society Inc.'s revenue changed over time?
The Knee Society Inc. has shown significant revenue growth, increasing from $1,208,027 in 2014 to $1,844,196 in 2023, with a peak of $2,113,472 in 2022. This indicates a growing capacity to fund its operations and programs.
What is the trend in The Knee Society Inc.'s assets?
The organization's assets have consistently grown over the past decade, from $2,029,800 in 2014 to $5,164,946 in 2023, demonstrating strong financial health and increasing reserves.
Are there any concerns about executive compensation?
No, there are no concerns regarding executive compensation. The organization has consistently reported 0% officer compensation across all available filings, which is a highly positive indicator of financial efficiency and dedication to its mission.
Filing History
IRS 990 filing history for The Knee Society Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Knee Society Inc's revenue has grown by 359.9%, moving from $401K to $1.8M. Total assets increased by 452.4% over the same period, from $935K to $5.2M. Total functional expenses rose by 542.9%, from $289K to $1.9M. In its most recent filing year (2023), The Knee Society Inc reported a deficit of $11K, with expenses exceeding revenue. The organization holds $999K in liabilities against $5.2M in assets (debt-to-asset ratio: 19.3%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.9M | $5.2M | $999K | — | View 990 |
| 2022 | $2.1M | $2.0M | $4.9M | $1.0M | — | View 990 |
| 2021 | $1.9M | $1.7M | $4.6M | $549K | — | View 990 |
| 2020 | $1.1M | $837K | $4.0M | $358K | — | View 990 |
| 2019 | $684K | $580K | $3.4M | $112K | — | View 990 |
| 2018 | $660K | $591K | $2.9M | $111K | — | View 990 |
| 2017 | $556K | $473K | $3.0M | $110K | — | View 990 |
| 2016 | $708K | $629K | $2.7M | $90K | — | View 990 |
| 2015 | $1.0M | $477K | $2.6M | $150K | — | View 990 |
| 2014 | $1.2M | $407K | $2.0M | $71K | — | View 990 |
| 2013 | $549K | $514K | $1.3M | $112K | — | View 990 |
| 2012 | $554K | $312K | $1.3M | $156K | — | View 990 |
| 2011 | $401K | $289K | $935K | $89K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.9M, and assets of $5.2M (revenue -12.7% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.0M, and assets of $4.9M (revenue +12.6% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.7M, and assets of $4.6M (revenue +67.9% year-over-year).
- 2020: Revenue of $1.1M, expenses of $837K, and assets of $4.0M (revenue +63.5% year-over-year).
- 2019: Revenue of $684K, expenses of $580K, and assets of $3.4M (revenue +3.6% year-over-year).
- 2018: Revenue of $660K, expenses of $591K, and assets of $2.9M (revenue +18.8% year-over-year).
- 2017: Revenue of $556K, expenses of $473K, and assets of $3.0M (revenue -21.5% year-over-year).
- 2016: Revenue of $708K, expenses of $629K, and assets of $2.7M (revenue -32.1% year-over-year).
- 2015: Revenue of $1.0M, expenses of $477K, and assets of $2.6M (revenue -13.8% year-over-year).
- 2014: Revenue of $1.2M, expenses of $407K, and assets of $2.0M (revenue +119.9% year-over-year).
- 2013: Revenue of $549K, expenses of $514K, and assets of $1.3M (revenue -0.9% year-over-year).
- 2012: Revenue of $554K, expenses of $312K, and assets of $1.3M (revenue +38.2% year-over-year).
- 2011: Revenue of $401K, expenses of $289K, and assets of $935K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Knee Society Inc:
Data Sources and Methodology
This transparency report for The Knee Society 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.