Virginia Orthopaedic Society
EIN: 541233714 · Richmond, VA · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $317K |
| Total Expenses | $230K |
| Net Assets | $323K |
Is Virginia Orthopaedic Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Virginia Orthopaedic Society
Virginia Orthopaedic Society (EIN: 541233714) is a nonprofit organization based in Richmond, VA, classified under NTEE code S41. The organization reported total revenue of $317K and total assets of $459K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Orthopaedic Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Orthopaedic Society is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $228K |
| Total Expenses | $230K |
| Surplus / Deficit | $-1,545 |
| Total Assets | $407K |
| Total Liabilities | $84K |
| Net Assets | $323K |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 20.7% |
| Months of Reserves | 21.2 months |
Financial Health Grade: B
In 2023, Virginia Orthopaedic Society reported a deficit of $2K with expenses exceeding revenue, holds 21.2 months of operating reserves (strong position), has a debt-to-asset ratio of 20.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Virginia Orthopaedic Society's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.3% | -7.0% | +26.1% |
| 2022 | +90.6% | +84.9% | -27.3% |
| 2021 | -22.7% | +1.7% | +18.6% |
| 2020 | -34.4% | -48.0% | +7.4% |
| 2019 | +1.1% | +7.2% | +10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Virginia Orthopaedic Society 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 Virginia Orthopaedic Society 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.7%.
Frequently Asked Questions about Virginia Orthopaedic Society
Is Virginia Orthopaedic Society a legitimate charity?
Virginia Orthopaedic Society (EIN: 541233714) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $317K. No red flags identified. Financial health grade: B.
How does Virginia Orthopaedic Society spend its money?
Virginia Orthopaedic Society reported $317K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Virginia Orthopaedic Society tax-deductible?
Virginia Orthopaedic Society is registered as a tax-exempt nonprofit (EIN: 541233714). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Virginia Orthopaedic Society located?
Virginia Orthopaedic Society is headquartered in Richmond, Virginia and files with the IRS under EIN 541233714. It is classified under NTEE code S41.
How many years of IRS 990 filings does Virginia Orthopaedic Society have?
Virginia Orthopaedic Society 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 $317K in total revenue.
Filing History
IRS 990 filing history for Virginia Orthopaedic Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Virginia Orthopaedic Society's revenue has grown by 37.8%, moving from $166K to $228K. Total assets increased by 80.8% over the same period, from $225K to $407K. Total functional expenses rose by 48.2%, from $155K to $230K. In its most recent filing year (2023), Virginia Orthopaedic Society reported a deficit of $2K, with expenses exceeding revenue. The organization holds $84K in liabilities against $407K in assets (debt-to-asset ratio: 20.7%), resulting in net assets of $323K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $228K | $230K | $407K | $84K | — | View 990 |
| 2022 | $249K | $247K | $323K | $30K | — | View 990 |
| 2021 | $131K | $134K | $444K | $82K | — | — |
| 2020 | $169K | $132K | $375K | $35K | — | — |
| 2019 | $258K | $253K | $349K | $66K | — | View 990 |
| 2018 | $255K | $236K | $316K | $74K | — | View 990 |
| 2017 | $249K | $225K | $304K | $54K | — | View 990 |
| 2016 | $189K | $170K | $290K | $80K | — | View 990 |
| 2015 | $172K | $196K | $240K | $65K | — | View 990 |
| 2014 | $223K | $173K | $278K | $78K | — | View 990 |
| 2013 | $179K | $192K | $229K | $73K | — | View 990 |
| 2012 | $183K | $169K | $225K | $52K | — | View 990 |
| 2011 | $166K | $155K | $225K | $70K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $228K, expenses of $230K, and assets of $407K (revenue -8.3% year-over-year).
- 2022: Revenue of $249K, expenses of $247K, and assets of $323K (revenue +90.6% year-over-year).
- 2021: Revenue of $131K, expenses of $134K, and assets of $444K (revenue -22.7% year-over-year).
- 2020: Revenue of $169K, expenses of $132K, and assets of $375K (revenue -34.4% year-over-year).
- 2019: Revenue of $258K, expenses of $253K, and assets of $349K (revenue +1.1% year-over-year).
- 2018: Revenue of $255K, expenses of $236K, and assets of $316K (revenue +2.4% year-over-year).
- 2017: Revenue of $249K, expenses of $225K, and assets of $304K (revenue +31.5% year-over-year).
- 2016: Revenue of $189K, expenses of $170K, and assets of $290K (revenue +10.4% year-over-year).
- 2015: Revenue of $172K, expenses of $196K, and assets of $240K (revenue -23.0% year-over-year).
- 2014: Revenue of $223K, expenses of $173K, and assets of $278K (revenue +24.5% year-over-year).
- 2013: Revenue of $179K, expenses of $192K, and assets of $229K (revenue -2.4% year-over-year).
- 2012: Revenue of $183K, expenses of $169K, and assets of $225K (revenue +10.7% year-over-year).
- 2011: Revenue of $166K, expenses of $155K, and assets of $225K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginia Orthopaedic Society:
Data Sources and Methodology
This transparency report for Virginia Orthopaedic Society 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.