The Society Of Breast Imaging
The Society Of Breast Imaging: Strong Financials, High Program Spending
EIN: 222701841 · Richmond, VA · NTEE: E30 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $3.2M |
| Program Spending | 82% |
| Net Assets | $5.6M |
| Transparency Score | 85/100 |
Is The Society Of Breast Imaging Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Society Of Breast Imaging directs 82% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Society Of Breast Imaging
The Society Of Breast Imaging (EIN: 222701841) is a nonprofit organization based in Richmond, VA, classified under NTEE code E30. The organization reported total revenue of $3.5M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Society Of Breast Imaging's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Society Of Breast Imaging is a mid-size nonprofit that has been operating for 40 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $3.2M |
| Surplus / Deficit | $-580,010 |
| Total Assets | $6.9M |
| Total Liabilities | $1.3M |
| Net Assets | $5.6M |
| Operating Margin | -22.2% |
| Debt-to-Asset Ratio | 18.7% |
| Months of Reserves | 25.9 months |
Financial Health Grade: B
In 2023, The Society Of Breast Imaging reported a deficit of $580K with expenses exceeding revenue, holds 25.9 months of operating reserves (strong position), has a debt-to-asset ratio of 18.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), The Society Of Breast Imaging's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.1% | +22.1% | +10.4% |
| 2022 | +26.4% | +70.2% | -14.0% |
| 2021 | +46.0% | +21.4% | +26.2% |
| 2020 | -26.2% | -48.4% | +3.3% |
| 2019 | +9.1% | +14.2% | +13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1986 |
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 Society Of Breast Imaging 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: 82%
- fundraising: 8%
According to IRS 990 filings, The Society Of Breast Imaging allocates its expenses as follows: admin: 10%, programs: 82%, fundraising: 8%. With 82% 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 $580K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.7%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and mission, with no red flags identified regarding excessive pay or undisclosed benefits.
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.
Strengths
The following positive indicators were identified for The Society Of Breast Imaging:
- Consistently strong revenue and asset growth over the past several years.
- High percentage of spending dedicated to program services (82%), indicating efficient use of funds.
- Healthy asset-to-liability ratio, demonstrating financial stability.
- Consistent positive net income, contributing to robust reserves.
Frequently Asked Questions about The Society Of Breast Imaging
Is The Society Of Breast Imaging a legitimate charity?
Based on AI analysis of IRS 990 filings, The Society Of Breast Imaging (EIN: 222701841) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does The Society Of Breast Imaging spend its money?
The Society Of Breast Imaging directs 82% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Society Of Breast Imaging tax-deductible?
The Society Of Breast Imaging is registered as a tax-exempt nonprofit (EIN: 222701841). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Society Of Breast Imaging's spending goes to programs?
The Society Of Breast Imaging directs 82% to programs, 8% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Society Of Breast Imaging compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Society Of Breast Imaging is above average for NTEE category E30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Society Of Breast Imaging located?
The Society Of Breast Imaging is headquartered in Richmond, Virginia and files with the IRS under EIN 222701841. It is classified under NTEE code E30.
How many years of IRS 990 filings does The Society Of Breast Imaging have?
The Society Of Breast Imaging has 14 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 $3.5M in total revenue.
What does The Society Of Breast Imaging do?
The Society Of Breast Imaging is a nonprofit organization in the Health Care sector, located in Richmond, Virginia. It is classified under NTEE code E30.
How much revenue does The Society Of Breast Imaging have?
The Society Of Breast Imaging reported total revenue of $3,505,187. Based on 14 IRS 990 filings on record.
What are The Society Of Breast Imaging's total assets?
The Society Of Breast Imaging holds total assets of $8,099,875 as reported in IRS 990 filings.
Where is The Society Of Breast Imaging located?
The Society Of Breast Imaging is based in Richmond, Virginia.
What is The Society Of Breast Imaging's EIN?
The Society Of Breast Imaging's Employer Identification Number (EIN) is 222701841. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Society Of Breast Imaging?
The Society Of Breast Imaging is classified under NTEE code E30 (Health Care).
Is The Society Of Breast Imaging a registered 501(c)(3)?
Yes, The Society Of Breast Imaging is recognized as a tax-exempt organization by the IRS. EIN: 222701841.
Does The Society Of Breast Imaging file IRS Form 990?
Yes, The Society Of Breast Imaging has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was The Society Of Breast Imaging's revenue in 2023?
In the 202312 filing period, The Society Of Breast Imaging reported total revenue of $2,615,191, total expenses of $3,195,201, and net assets of $6,883,018.
Is The Society Of Breast Imaging's revenue growing or declining?
The Society Of Breast Imaging's revenue is declining. Revenue went from $3,274,416 (202212) to $2,615,191 (202312), a -20.1% change. Based on 14 filings on record.
What is The Society Of Breast Imaging's most recent 990 filing?
The most recent IRS Form 990 filing for The Society Of Breast Imaging covers tax period 202312. It shows revenue of $2,615,191, expenses of $3,195,201, total assets of $6,883,018, and liabilities of $1,290,257.
How much does The Society Of Breast Imaging spend on programs vs administration?
Based on IRS 990 analysis, The Society Of Breast Imaging allocates approximately 82% of expenses to program services, 10% to administrative costs, and 8% to fundraising. This indicates strong program focus.
Is The Society Of Breast Imaging a trustworthy charity?
Based on AI analysis of IRS 990 data, The Society Of Breast Imaging appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are The Society Of Breast Imaging's strengths?
Positive indicators for The Society Of Breast Imaging include: Consistently strong revenue and asset growth over the past several years.. High percentage of spending dedicated to program services (82%), indicating efficient use of funds.. Healthy asset-to-liability ratio, demonstrating financial stability.. Consistent positive net income, contributing to robust reserves.. These findings are derived from AI analysis of the organization's financial filings.
How does The Society Of Breast Imaging compensate executives?
Executive compensation appears reasonable given the organization's size and mission, with no red flags identified regarding excessive pay or undisclosed benefits. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is The Society Of Breast Imaging?
• The organization consistently reports 0% compensation from related parties, indicating good governance. • Financial filings are readily available and provide detailed breakdowns of revenue and expenses. • The organization's Form 990s are easily accessible, offering transparency into operations. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has The Society Of Breast Imaging managed to consistently grow its assets and revenue over the past five years, despite fluctuations in the broader economic environment?
The Society Of Breast Imaging has shown consistent growth in both revenue and assets. For example, revenue grew from $1,774,081 in 2020 to $3,505,187 in 2023, and assets increased from $5,744,923 to $8,099,875 in the same period. This sustained growth suggests effective strategic planning, successful fundraising efforts, and potentially increasing demand for their services or membership.
What specific factors contribute to the organization's high program spending percentage, and how does this impact its mission delivery?
With 82% of spending allocated to programs, The Society Of Breast Imaging demonstrates a strong commitment to its core mission. This high percentage likely reflects significant investment in educational initiatives, research support, and advocacy efforts related to breast imaging. This direct allocation of resources maximizes the impact on their mission to advance breast imaging and improve patient care.
Filing History
IRS 990 filing history for The Society Of Breast Imaging showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), The Society Of Breast Imaging's revenue has grown by 75.6%, moving from $1.5M to $2.6M. Total assets increased by 134.9% over the same period, from $2.9M to $6.9M. Total functional expenses rose by 202.4%, from $1.1M to $3.2M. In its most recent filing year (2023), The Society Of Breast Imaging reported a deficit of $580K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $6.9M in assets (debt-to-asset ratio: 18.7%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $3.2M | $6.9M | $1.3M | — | — |
| 2022 | $3.3M | $2.6M | $6.2M | $685K | — | View 990 |
| 2021 | $2.6M | $1.5M | $7.3M | $1.4M | — | View 990 |
| 2020 | $1.8M | $1.3M | $5.7M | $1.0M | — | — |
| 2019 | $2.4M | $2.5M | $5.6M | $1.3M | — | View 990 |
| 2018 | $2.2M | $2.2M | $4.9M | $1.1M | — | View 990 |
| 2017 | $1.9M | $1.8M | $4.9M | $725K | — | View 990 |
| 2016 | $1.5M | $1.7M | $4.3M | $728K | — | View 990 |
| 2015 | $1.6M | $1.7M | $3.7M | $565K | — | View 990 |
| 2014 | $690K | $797K | $3.9M | $455K | — | View 990 |
| 2013 | $1.5M | $1.4M | $3.9M | $363K | — | View 990 |
| 2012 | $880K | $660K | $3.6M | $626K | — | View 990 |
| 2011 | $385K | $298K | $2.9M | $237K | — | View 990 |
| 2011 | $1.5M | $1.1M | $2.9M | $225K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $3.2M, and assets of $6.9M (revenue -20.1% year-over-year).
- 2022: Revenue of $3.3M, expenses of $2.6M, and assets of $6.2M (revenue +26.4% year-over-year).
- 2021: Revenue of $2.6M, expenses of $1.5M, and assets of $7.3M (revenue +46.0% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.3M, and assets of $5.7M (revenue -26.2% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.5M, and assets of $5.6M (revenue +9.1% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.2M, and assets of $4.9M (revenue +17.2% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.8M, and assets of $4.9M (revenue +24.4% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.7M, and assets of $4.3M (revenue -3.2% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.7M, and assets of $3.7M (revenue +126.4% year-over-year).
- 2014: Revenue of $690K, expenses of $797K, and assets of $3.9M (revenue -55.4% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.4M, and assets of $3.9M (revenue +75.9% year-over-year).
- 2012: Revenue of $880K, expenses of $660K, and assets of $3.6M (revenue +128.8% year-over-year).
- 2011: Revenue of $385K, expenses of $298K, and assets of $2.9M (revenue -74.2% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.1M, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Society Of Breast Imaging:
Data Sources and Methodology
This transparency report for The Society Of Breast Imaging 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.