Massachusetts Chapter of the American College of Surgeons
Nonprofit profile at a glance
- EIN
- 042383339
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Location
- Beverly, MA, USA
- Phone
- 9789278330
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $102,394
- Expenses
- $151,735
- Assets
- $157,838
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JACQUELINE J WU MD (PRESIDENT)
- FAINA NAKHLIS MD (PRESIDENT-ELECT)
- ALI TAVAKKOLI MD (PAST PRESIDENT)
People named in this filing
- JACQUELINE J WU MD (PRESIDENT)
- FAINA NAKHLIS MD (PRESIDENT-ELECT)
- NEAL E SEYMOUR MD (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To elevate the standards of surgery, establish a standard of competency and of character for practitiones of surgery, to provide a method of granting fellowship in the organization, and to educate the public and the profession to understand that the practice of surgery calls for special training and that the surgeon elected to the fellowship in this college has had such training and is properly qualified to provide surgery.
What it reported doing in 2024
Massachusetts surgical quality improvement collaborative (masqic), a quality initiative which includes nsqip champions. The primary function of the collaborative is to provide a forum for surgeons across Massachusetts to share best practices and improve the value of surgical care.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 100
- Sustainability: 35
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.9%; rating input score 99
- Program expense ratio: 66.7%; rating input score 67
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -48.2%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 1.04; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 11.4% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 3.1% per year; rating input score 100; 37th percentile among comparable filings
- Asset growth: -4.2% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: 98.9% of revenue deployed · 66.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $101K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Asset growth scored 0/100.