The Society Of Neurological Surgeons Inc
Neurological Surgeons Society Shows Strong Financial Health and Program Focus
EIN: 222593051 · Schaumburg, IL · NTEE: B60 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $1.4M |
| Program Spending | 80% |
| Net Assets | $3.1M |
| Transparency Score | 85/100 |
Is The Society Of Neurological Surgeons Inc 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 Neurological Surgeons Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Society Of Neurological Surgeons Inc
The Society Of Neurological Surgeons Inc (EIN: 222593051) is a nonprofit organization based in Schaumburg, IL, classified under NTEE code B60. The organization reported total revenue of $2.6M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Society Of Neurological Surgeons Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Society Of Neurological Surgeons Inc is a mid-size nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$268K |
| Total Assets | $4.0M |
| Total Liabilities | $881K |
| Net Assets | $3.1M |
| Operating Margin | 16.4% |
| Debt-to-Asset Ratio | 22.2% |
| Months of Reserves | 34.9 months |
Financial Health Grade: A
In 2023, The Society Of Neurological Surgeons Inc reported a surplus of $268K with revenue exceeding expenses, holds 34.9 months of operating reserves (strong position), has a debt-to-asset ratio of 22.2% (moderate leverage).
Financial Trends
Over 8 years of filings (2016–2023), The Society Of Neurological Surgeons Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.4% | +37.8% | +6.8% |
| 2022 | +281.9% | +156.2% | +80.5% |
| 2021 | +90.6% | +121.1% | +47.8% |
| 2020 | -71.7% | -86.7% | +29.6% |
| 2019 | +3.1% | +0.2% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
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 Neurological Surgeons 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: 80%
- fundraising: 10%
According to IRS 990 filings, The Society Of Neurological Surgeons 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 surplus of $268K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.2%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and mission, with no red flags identified in the available filings.
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 Neurological Surgeons Inc:
- Consistent revenue generation and asset growth over the past several years.
- Strong program spending, indicating a focus on its core mission.
- Healthy financial reserves, with assets significantly exceeding liabilities.
- Low fundraising costs relative to overall expenses.
Frequently Asked Questions about The Society Of Neurological Surgeons Inc
Is The Society Of Neurological Surgeons Inc a legitimate charity?
The Society Of Neurological Surgeons Inc (EIN: 222593051) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 8 years of IRS 990 filings on record. Total revenue: $2.6M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does The Society Of Neurological Surgeons Inc spend its money?
The Society Of Neurological Surgeons Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The Society Of Neurological Surgeons Inc tax-deductible?
The Society Of Neurological Surgeons Inc is registered as a tax-exempt nonprofit (EIN: 222593051). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Society Of Neurological Surgeons Inc's spending goes to programs?
The Society Of Neurological Surgeons Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Society Of Neurological Surgeons Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Society Of Neurological Surgeons Inc is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Society Of Neurological Surgeons Inc located?
The Society Of Neurological Surgeons Inc is headquartered in Schaumburg, Illinois and files with the IRS under EIN 222593051. It is classified under NTEE code B60.
How many years of IRS 990 filings does The Society Of Neurological Surgeons Inc have?
The Society Of Neurological Surgeons Inc 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. The most recent filing shows $2.6M in total revenue.
What does The Society Of Neurological Surgeons Inc do?
The Society Of Neurological Surgeons Inc is a nonprofit organization in the Education sector, located in Schaumburg, Illinois. It is classified under NTEE code B60.
How much revenue does The Society Of Neurological Surgeons Inc have?
The Society Of Neurological Surgeons Inc reported total revenue of $2,562,828. Based on 8 IRS 990 filings on record.
What are The Society Of Neurological Surgeons Inc's total assets?
The Society Of Neurological Surgeons Inc holds total assets of $4,341,437 as reported in IRS 990 filings.
Where is The Society Of Neurological Surgeons Inc located?
The Society Of Neurological Surgeons Inc is based in Schaumburg, Illinois.
What is The Society Of Neurological Surgeons Inc's EIN?
The Society Of Neurological Surgeons Inc's Employer Identification Number (EIN) is 222593051. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Society Of Neurological Surgeons Inc?
The Society Of Neurological Surgeons Inc is classified under NTEE code B60 (Education).
Is The Society Of Neurological Surgeons Inc a registered 501(c)(3)?
Yes, The Society Of Neurological Surgeons Inc is recognized as a tax-exempt organization by the IRS. EIN: 222593051.
Does The Society Of Neurological Surgeons Inc file IRS Form 990?
Yes, The Society Of Neurological Surgeons Inc has 8 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was The Society Of Neurological Surgeons Inc's revenue in 2023?
In the 202312 filing period, The Society Of Neurological Surgeons Inc reported total revenue of $1,632,509, total expenses of $1,364,902, and net assets of $3,966,249.
Is The Society Of Neurological Surgeons Inc's revenue growing or declining?
The Society Of Neurological Surgeons Inc's revenue is declining. Revenue went from $2,651,758 (202212) to $1,632,509 (202312), a -38.4% change. Based on 8 filings on record.
What is The Society Of Neurological Surgeons Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Society Of Neurological Surgeons Inc covers tax period 202312. It shows revenue of $1,632,509, expenses of $1,364,902, total assets of $3,966,249, and liabilities of $881,238.
How much does The Society Of Neurological Surgeons Inc spend on programs vs administration?
Based on IRS 990 analysis, The Society Of Neurological Surgeons Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is The Society Of Neurological Surgeons Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Society Of Neurological Surgeons Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are The Society Of Neurological Surgeons Inc's strengths?
Positive indicators for The Society Of Neurological Surgeons Inc include: Consistent revenue generation and asset growth over the past several years.. Strong program spending, indicating a focus on its core mission.. Healthy financial reserves, with assets significantly exceeding liabilities.. Low fundraising costs relative to overall expenses.. These findings are derived from AI analysis of the organization's financial filings.
How does The Society Of Neurological Surgeons Inc compensate executives?
Executive compensation appears reasonable given the organization's size and mission, with no red flags identified in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to significantly increase its assets from $1.39M in 2020 to $4.34M in 2023?
The substantial increase in assets can be attributed to consistent positive net income and potentially strategic investments or donations, as evidenced by the growth in revenue and controlled expenses over this period.
What is the primary driver behind the fluctuation in annual revenue, such as the drop from $2.65M in 2022 to $1.63M in 2023?
While specific details would require deeper analysis of Form 990 schedules, such fluctuations often stem from variations in grant funding, membership dues, conference revenues, or investment returns, which can vary year-to-year for professional societies.
Filing History
IRS 990 filing history for The Society Of Neurological Surgeons Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), The Society Of Neurological Surgeons Inc's revenue has grown by 143.4%, moving from $671K to $1.6M. Total assets increased by 239.4% over the same period, from $1.2M to $4.0M. Total functional expenses rose by 127.3%, from $600K to $1.4M. In its most recent filing year (2023), The Society Of Neurological Surgeons Inc reported a surplus of $268K, with revenue exceeding expenses. The organization holds $881K in liabilities against $4.0M in assets (debt-to-asset ratio: 22.2%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.4M | $4.0M | $881K | — | — |
| 2022 | $2.7M | $991K | $3.7M | $950K | — | View 990 |
| 2021 | $694K | $387K | $2.1M | $593K | — | View 990 |
| 2020 | $364K | $175K | $1.4M | $218K | — | View 990 |
| 2019 | $1.3M | $1.3M | $1.1M | $0 | — | View 990 |
| 2018 | $1.2M | $1.3M | $1.1M | $35K | — | View 990 |
| 2017 | $927K | $870K | $1.2M | $0 | — | View 990 |
| 2016 | $671K | $600K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.4M, and assets of $4.0M (revenue -38.4% year-over-year).
- 2022: Revenue of $2.7M, expenses of $991K, and assets of $3.7M (revenue +281.9% year-over-year).
- 2021: Revenue of $694K, expenses of $387K, and assets of $2.1M (revenue +90.6% year-over-year).
- 2020: Revenue of $364K, expenses of $175K, and assets of $1.4M (revenue -71.7% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $1.1M (revenue +3.1% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $1.1M (revenue +34.6% year-over-year).
- 2017: Revenue of $927K, expenses of $870K, and assets of $1.2M (revenue +38.2% year-over-year).
- 2016: Revenue of $671K, expenses of $600K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Society Of Neurological Surgeons Inc:
Data Sources and Methodology
This transparency report for The Society Of Neurological Surgeons 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.