World Federation For Ultrasound In Medicine And Biology Inc
World Federation For Ultrasound In Medicine And Biology Inc shows consistent asset growth and no reported officer compensation, but 2023 liabilities surged.
EIN: 133115330 · Chicago, IL · NTEE: H99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $586K |
| Program Spending | 80% |
| Net Assets | $4.2M |
| Transparency Score | 85/100 |
Is World Federation For Ultrasound In Medicine And Biology Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
World Federation For Ultrasound In Medicine And Biology Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About World Federation For Ultrasound In Medicine And Biology Inc
World Federation For Ultrasound In Medicine And Biology Inc (EIN: 133115330) is a nonprofit organization based in Chicago, IL, classified under NTEE code H99. The organization reported total revenue of $1.3M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Federation For Ultrasound In Medicine And Biology Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Federation For Ultrasound In Medicine And Biology Inc is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $746K |
| Total Expenses | $586K |
| Surplus / Deficit | +$160K |
| Total Assets | $4.2M |
| Total Liabilities | $2K |
| Net Assets | $4.2M |
| Operating Margin | 21.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 85.3 months |
Financial Health Grade: A
In 2023, World Federation For Ultrasound In Medicine And Biology Inc reported a surplus of $160K with revenue exceeding expenses, holds 85.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), World Federation For Ultrasound In Medicine And Biology Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | +38.4% | +13.9% |
| 2022 | -8.2% | +2.7% | -4.9% |
| 2021 | +20.6% | +0.2% | +14.2% |
| 2020 | -9.5% | -32.2% | +12.5% |
| 2019 | +8.9% | -5.3% | +12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 World Federation For Ultrasound In Medicine And Biology 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, World Federation For Ultrasound In Medicine And Biology Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $160K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership may be volunteer-based or compensated through non-officer categories, which is highly favorable for resource allocation.
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 World Federation For Ultrasound In Medicine And Biology Inc's IRS 990 filings:
- Significant unexplained increase in liabilities from $4,818 in 2022 to $1,797,000 in 2023, requiring further investigation.
Strengths
The following positive indicators were identified for World Federation For Ultrasound In Medicine And Biology Inc:
- Consistent asset growth, increasing from $2.18M in 2014 to $4.17M in 2023, indicating financial stability.
- No reported officer compensation across all available filings, suggesting efficient use of funds and potentially volunteer leadership.
- Consistent positive net income (revenue exceeding expenses) in most recent years, demonstrating sound financial management.
- Long history of IRS 990 filings (13 filings), indicating good compliance and transparency.
Frequently Asked Questions about World Federation For Ultrasound In Medicine And Biology Inc
Is World Federation For Ultrasound In Medicine And Biology Inc a legitimate charity?
World Federation For Ultrasound In Medicine And Biology Inc (EIN: 133115330) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does World Federation For Ultrasound In Medicine And Biology Inc spend its money?
World Federation For Ultrasound In Medicine And Biology Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to World Federation For Ultrasound In Medicine And Biology Inc tax-deductible?
World Federation For Ultrasound In Medicine And Biology Inc is registered as a tax-exempt nonprofit (EIN: 133115330). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of World Federation For Ultrasound In Medicine And Biology Inc's spending goes to programs?
World Federation For Ultrasound In Medicine And Biology Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does World Federation For Ultrasound In Medicine And Biology Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), World Federation For Ultrasound In Medicine And Biology Inc is above average for NTEE category H99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is World Federation For Ultrasound In Medicine And Biology Inc located?
World Federation For Ultrasound In Medicine And Biology Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 133115330. It is classified under NTEE code H99.
How many years of IRS 990 filings does World Federation For Ultrasound In Medicine And Biology Inc have?
World Federation For Ultrasound In Medicine And Biology 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 $1.3M in total revenue.
What caused the significant increase in liabilities from $4,818 in 2022 to $1,797,000 in 2023?
The provided data does not specify the nature of this substantial increase in liabilities. Further examination of the full 2023 IRS 990 filing would be necessary to understand if this relates to program-related debt, capital expenditures, or other financial obligations.
How does the organization fund its operations without reporting officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or their compensation is categorized under other expense lines not specifically identified as 'officer compensation' in the summary data. This practice generally indicates a high dedication of resources to the mission.
What are the specific program activities that constitute the majority of their spending?
While the NTEE code H99 indicates 'Other Health Related,' the summary data does not detail specific program activities. A review of the full IRS 990, particularly Part III (Statement of Program Service Accomplishments), would provide this information.
Filing History
IRS 990 filing history for World Federation For Ultrasound In Medicine And Biology Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), World Federation For Ultrasound In Medicine And Biology Inc's revenue has grown by 133.3%, moving from $320K to $746K. Total assets increased by 109.6% over the same period, from $2.0M to $4.2M. Total functional expenses rose by 80.6%, from $325K to $586K. In its most recent filing year (2023), World Federation For Ultrasound In Medicine And Biology Inc reported a surplus of $160K, with revenue exceeding expenses. The organization holds $2K in liabilities against $4.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $746K | $586K | $4.2M | $2K | — | View 990 |
| 2022 | $731K | $424K | $3.7M | $5K | — | View 990 |
| 2021 | $796K | $413K | $3.8M | $3K | — | View 990 |
| 2020 | $660K | $412K | $3.4M | $349 | — | — |
| 2019 | $730K | $607K | $3.0M | $46K | — | View 990 |
| 2018 | $670K | $641K | $2.7M | $83K | — | View 990 |
| 2017 | $712K | $606K | $2.8M | $145K | — | View 990 |
| 2016 | $639K | $469K | $2.7M | $178K | — | View 990 |
| 2015 | $671K | $346K | $2.4M | $0 | — | View 990 |
| 2014 | $406K | $307K | $2.2M | $0 | — | View 990 |
| 2013 | $480K | $418K | $2.1M | $0 | — | View 990 |
| 2012 | $319K | $348K | $2.1M | $0 | — | View 990 |
| 2011 | $320K | $325K | $2.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $746K, expenses of $586K, and assets of $4.2M (revenue +2.1% year-over-year).
- 2022: Revenue of $731K, expenses of $424K, and assets of $3.7M (revenue -8.2% year-over-year).
- 2021: Revenue of $796K, expenses of $413K, and assets of $3.8M (revenue +20.6% year-over-year).
- 2020: Revenue of $660K, expenses of $412K, and assets of $3.4M (revenue -9.5% year-over-year).
- 2019: Revenue of $730K, expenses of $607K, and assets of $3.0M (revenue +8.9% year-over-year).
- 2018: Revenue of $670K, expenses of $641K, and assets of $2.7M (revenue -5.9% year-over-year).
- 2017: Revenue of $712K, expenses of $606K, and assets of $2.8M (revenue +11.5% year-over-year).
- 2016: Revenue of $639K, expenses of $469K, and assets of $2.7M (revenue -4.8% year-over-year).
- 2015: Revenue of $671K, expenses of $346K, and assets of $2.4M (revenue +65.2% year-over-year).
- 2014: Revenue of $406K, expenses of $307K, and assets of $2.2M (revenue -15.4% year-over-year).
- 2013: Revenue of $480K, expenses of $418K, and assets of $2.1M (revenue +50.8% year-over-year).
- 2012: Revenue of $319K, expenses of $348K, and assets of $2.1M (revenue -0.4% year-over-year).
- 2011: Revenue of $320K, expenses of $325K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Federation For Ultrasound In Medicine And Biology Inc:
Data Sources and Methodology
This transparency report for World Federation For Ultrasound In Medicine And Biology 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.