Civic Intelligence

Necrotizing Enterocolitis Nec Society

EIN 46-4426455 • 501(c)3 • Davis, CA

Profile

The NEC Society is a Clinician-Family collaborative organization specifically focused on the understanding, prevention and treatment of necrotizing enterocolitis.

140 B St STE 5 128Davis, CA 95616

www.necsociety.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.05x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.11x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

35th percentile

-2.3%

Higher net margin than 35% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$65,875

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 16.3% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

46th percentile

1.7%

Faster asset growth than 46% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

15%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$972,008

Up $276,804 (+40%) from 2021

Liabilities

Up

$43,862

Up $41,720 (+1948%) from 2021

Net Assets

Up

$928,146

Up $235,084 (+34%) from 2021

Revenue

Up

$403,447

Up $166,691 (+70%) from 2021

Expenses

Up

$412,731

Up $173,695 (+73%) from 2021

Net Income

Down

-$9,284

Down $7,004 (-307%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2019: $186,621Liabilities 2019: $461Net Assets 2019: $186,1602019Assets 2020: $695,454Liabilities 2020: $111Net Assets 2020: $695,3432020Assets 2021: $695,204Liabilities 2021: $2,142Net Assets 2021: $693,0622021Assets 2024: $972,008Liabilities 2024: $43,862Net Assets 2024: $928,1462024

Highlighted filing

2024

Assets$972,008
Liabilities$43,862
Net Assets$928,146

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2019: $251,457Expenses 2019: $145,752Net Income 2019: $105,7052019Revenue 2020: $646,660Expenses 2020: $137,477Net Income 2020: $509,1832020Revenue 2021: $236,756Expenses 2021: $239,036Net Income 2021: -$2,2802021Revenue 2024: $403,447Expenses 2024: $412,731Net Income 2024: -$9,2842024

Highlighted filing

2024

Revenue$403,447
Expenses$412,731
Net Income-$9,284

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 10, 2025
Return Version
2024v5.1
Gross Receipts
$403,447
Mission and Program Overview

Mission

The NEC Society is a Clinician-Family collaborative organization specifically focused on the understanding, prevention and treatment of necrotizing enterocolitis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$946,695$954,918▲ $8,223
Accounts Receivable$8,737$17,090▲ $8,353
Total Assets$955,432$972,008▲ $16,576
Liabilities
Accounts Payable and Accrued Expenses$18,002$43,862▲ $25,860
Total Liabilities$18,002$43,862▲ $25,860
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$928,693$910,056▼ $18,637
Net Assets With Donor Restrictions$8,737$18,090▲ $9,353
Total Net Assets Fund Balance$937,430$928,146▼ $9,284
Total Liabilities and Net Assets / Fund Balance$955,432$972,008▲ $16,576
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer CanvasserExecutive DirectorFT$65,875$65,875

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$355,179
Program Service Revenue
$3,874
Investment Income
$44,230
Other Revenue
$164
All Other Contributions
$355,179
Change in Net Assets
$-9,284

Audited Revenue Reconciliation

Revenue per Audited Statements
$403,447
Total Revenue per Audited Statements
$403,447
Total Revenue per Form 990
$403,447
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$254,343
Other Expenses$120,188
Total Fundraising Expense$52,864
Grants and Similar Amounts Paid$38,200
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$128,697$10,185$27,881$166,763
Current Officers, Directors, Trustees, and Key Employees$50,838$4,023$11,014$65,875
Fees for Services Other$53,127--$53,127
Grants to Domestic Orgs$38,200--$38,200
Office Expenses$7,906$10,349$9,759$28,014
Payroll Taxes$16,750$1,326$3,629$21,705
Travel$11,752--$11,752
Advertising$8,667$1,596$581$10,844
Fees for Services Accounting-$9,893-$9,893
Insurance-$3,243-$3,243
Fees for Services Legal-$2,804-$2,804
Conferences and Meetings$511--$511
Total Functional Expenses$316,448$43,419$52,864$412,731

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$412,731
Total Expenses per Audited Statements$412,731
Total Expenses per Form 990$412,731
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Emory UniversityAtlanta, GA501c3-$13,200
National Org for Rare Disorders IncQuincy, MA501c3-$7,500
AAP Neonatal Perinatal MedicineItasca, IL501c3-$5,000
UNC at Chapel HillChapel Hill, NC501c3-$5,000
Wake Forest University Health ScienWinston Salem, NC501c3-$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The IRS Form 990 is reviewed with the Executive Director and provided to The Board of Directors prior to filing.

Conflict of interest policy compliance Part VI line 12C

Annual disclosures made by The Board of Directors are documented. Prior to entering into any agreement or potential for an agreement, NEC Society compares disclosures to the parties entering into the agreement to ensure any conflict is addressed in accordance with the policy.

CEO executive director top management comp Part VI line 15A

A comparability and reasonableness compensation and benefits study was conducted for all compensated roles at the NEC Society. The study was conducted by a third party and independent service provider and presented to The Board of Directors. Based on the study, The Board of Directors established the compensation and benefits of the executive director and all compensated roles at NEC Society.

Other officer or key employee compensation Part VI line 15B

A comparability and reasonableness compensation and benefits study was conducted for all compensated roles at the NEC Society. The study was conducted by a third party and independent service provider and presented to The Board of Directors. Based on the study, The Board of Directors established the compensation and benefits of the executive director and all compensated roles at NEC Society.

Governing documents etc available to public Part VI line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Necrotizing Enterocolitis NEC Society
EIN
46-4426455
In Care Of
% Jennifer Canvasser
Phone
5304488088
Address
140 B St STE 5 128, Davis, CA 95616

Signing Officer

Name
Jennifer Canvasser
Title
Executive Director
Phone
5304488088
Signed
2025-06-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Canvasser
Formed
2014
Legal Domicile
Mi
Voting Board Members
17
Independent Board Members
17
Employees
5
Volunteers
36

Preparer

Firm
Mullins PC
Address
7625 Wisconsin Avenue, Bethesda, MD 20814
Preparer
John Mullins
Phone
2027706371
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Program Contractors: $53,127

Financial Statement Notes

Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)

The Organization follows the Financial Accounting Standards Board Accounting Standards Codification, which provides guidance on accounting for uncertainty in income taxes recognized in The Organizations financial statements, if any. At year end, The Organization had no unrecognized tax benefits related to uncertain tax positions in its information return that would qualify for either recognition or disclosure in its financial statements. The Organizations policy would be to recognize interest and penalties on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements. Through year end, there have been no matters that would have resulted in an accrual for interest and/or penalties. Generally, the tax years before 2020 are no longer subject to examination by federal, state, or local taxing authorities.

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IRS990/MissionDesc0The NEC Society is a Clinician-Family collaborative organization specifically focused on the understanding, prevention and treatment of necrotizing enterocolitis.
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IRS990/ProgSrvcAccomActy2Grp/Desc0In 2024, the NEC Society presented at over 100 educational conferences, sessions, and webinars across the US and internationally, helping to inform patient-families, clinicians, and stakeholders about the urgent need to understand, prevent, diagnose, and treat necrotizing enterocolitis, as well as the risk and protective factors associated with the disease. At the Pediatric Academic Societies Meeting, the NEC Society presented a 7-hour post-graduate course highlighting the latest science and strategies to improve outcomes for NICU families and infants affected by NEC. The NEC Society also continued to expand our resource boxes for recently diagnosed and bereaved families so they have access to essential information they need to advocate for their child and navigate the trauma of experiencing NEC.
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IRS990/ProgSrvcAccomActy3Grp/Desc0In 2024, the NEC Society held meetings with more than 30 elected officials across the US to help them understand the devastation of necrotizing enterocolitis and the urgent need to improve outcomes for NICU families and babies. The power of our patient-families personal stories motivated state legislators to pass NEC Awareness Day Resolutions declaring May 17th NEC Awareness Day to increase awareness about NEC outside of the neonatal intensive care unit. Given the power of our patient-family stories, to date, California, Pennsylvania, New York, Louisiana, Colorado, New Jersey, Georgia, and Utah have declared May 17th NEC Awareness Day. The NEC Society also helped to organize 40 community-based events across the US to raise awareness about the disease and provide evidence-based information to patient-families, clinicians, and community members.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization follows the Financial Accounting Standards Board Accounting Standards Codification, which provides guidance on accounting for uncertainty in income taxes recognized in The Organizations financial statements, if any. At year end, The Organization had no unrecognized tax benefits related to uncertain tax positions in its information return that would qualify for either recognition or disclosure in its financial statements. The Organizations policy would be to recognize interest and penalties on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements. Through year end, there have been no matters that would have resulted in an accrual for interest and/or penalties. Generally, the tax years before 2020 are no longer subject to examination by federal, state, or local taxing authorities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Emory University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1National Org for Rare Disorders Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2AAP Neonatal Perinatal Medicine

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