Necrotizing Enterocolitis (nec) Society EIN 46-4426455 Form 990 (PDF) Claim this org

Necrotizing Enterocolitis (nec) Society

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Works with doctors and families to understand, prevent, and treat a serious infant gut condition. For fiscal year 2025 it reported $494K in revenue, $627K in expenses, and $795K in net assets.Pt I

Founded
2014
Type
Public charity (501(c)(3)) · Mental Health
Location
Davis, CA
Website
www.necsociety.org
Filings
6 on file (2020–2025)
Revenue
$494KFY2025
Expenses
$627K
Net assets
$795K
People
19
Filings
6
Updates
0
More identity details & actions ⌄
EIN  46-4426455 Public charity (501(c)(3)) Davis, CA Founded 2014
Form 990 (PDF)
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Size
$100K–1M
What they do
Works with doctors and families to understand, prevent, and treat a serious infant gut condition.
Leadership
Jennifer Canvasser · Executive Director · $81K
Money in and out
$494K revenue, $627K expenses
Bottom line
74% program efficiency
Where the money goes · FY2025
Total revenue
$494K
Pt VIII · Ln 12
Total expenses
$627K
Pt IX · Ln 25
Net assets
$795K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$133K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.12 Fundraising $0.14
Program efficiency
74%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
17.7mo
months of highly liquid reserves at operating expense rate▼ -36% vs prior filing year
Surplus margin
-27%
revenue over expenses, this year▼ -1068% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$494K
FY2025▲ +23%
Expenses
$627K
FY2025▲ +52%
Total assets
$927K
FY2025▼ -5%
Total liabilities
$132K
FY2025▲ +200%
Total revenue
$494K
Pt VIII · Ln 12
Total expenses
$627K
Pt IX · Ln 25
Net assets
$795K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$133K
Total assetsPt X · Ln 16$927K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNecrotizing Enterocolitis (nec) Society
EINHdr · item D46-4426455
Principal addressHdr · item CDavis, CA
WebsiteHdr · item Jwww.necsociety.org
Year of formationHdr · item L2014
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMental Health (F19)
Ruling yearIRS BMFAug 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a18
Independent voting membersPt VI · Ln 1b18
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$81,338Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jennifer Canvasser’s $81K as Executive Director is at the 71st percentile of top reported officer pay among 2082 $100K–1M mental health nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Jennifer Canvasser$81,338$65,875$56,319$45,541$32,860

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $466K of program spending, described in the organization's own filed words · FY2025.
01

In 2025, the NEC Society distributed nearly 1000 resources to families and NICUs across the United States, presented the worlds largest conference on necrotizing enterocolitis, the NEC Symposium, which attracted nearly 250 participants, built and launched new resources for NICU families in partnership with the Childrens Hospitals…

$311Kprogram expense
02

In 2025, the NEC Society helped the NEC Biorepository increase enrollment to 1,139 babies, launched the NEC Registry, expanded the NEC Research Incubator to 200 participants and hosted research roundtables, presented at the Pediatric Academic Socieities Meeting, contributed to several research publications and projects, and funded three…

$150Kprogram expense
03

In 2025, the NEC Society participated in the NICU Parent Networks Advocacy Day in Washington DC, the March of Dimes Advocacy Summit also in DC, continued engagement with the FDA to push for better treatment options for babies at risk of and affected by NEC, passed NEC Awareness Day Resolutions in New Jersey and South Carolina, held 22…

$6Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$431K · 87%
Investment income$34K · 7%
Other revenue$17K · 3%
Program service revenue$12K · 2%
Contributions & grants87%$431K
Investment income7%$34K
Other revenue3%$17K
Program service revenue2%$12K
Total revenueLn 12$494K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.12 Fundraising $0.14
Program services74%$466K
Management & general12%$74K
Fundraising14%$87K
Total functional expensesLn 25$627K

Balance Sheet

Part X · end of year
CashLn 1$925K
Total assetsLn 16$927K
Total liabilitiesLn 26$132K
Total net assetsLn 32$795K
Months of cash on handcomputed17.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $925K · Operating expenses/yr $627K
17.7 months
Where the money goes
Program services
Program services $466K · Total expenses $627K
74%
Management & General
Management & general $74K · Total expenses $627K
12%
Fundraising
Fundraising $87K · Total expenses $627K
14%
Cost to raise $1
Fundraising expense (3-yr avg) $65K · Solicited contributions (3-yr avg) $365K
$0.18 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $431K · Total revenue $494K
87%
Government reliance
Government grants — · Total revenue $494K
Earned-income share
Program service revenue $12K · Total revenue $494K
2%
Investment reliance
Investment income $34K · Total revenue $494K
+7%
Program self-sufficiency
Program service revenue $12K · Total expenses $627K
2%
Growth & trend
Revenue growth (YoY)
This year $494K · Prior year $403K
+23%
Revenue CAGR
FY2020 $647K · FY2025 $494K
-5%
Net-asset trend (YoY)
End of year $795K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $494K · Expenses $627K
-27%
Liabilities-to-Assets
Total liabilities — · Total assets $927K
Net-asset ratio
Net assets $795K · Total assets $927K
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $927K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jennifer Canvasser · Reported title Executive Director · Highest reported compensation $81K · Total expenses $627K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $319K · Total expenses $627K
51%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 12%
Fundraising cost ratio 20%
Revenue growth 23%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 5 funders$27K
See all 5 funders →
Grants paid · 16 grants · $120K · 2021–2025
Aap Neonatal Perinatal MedicineIL · FY2025$5,000
Emory UniversityGA · FY2024$13,200
Aap Neonatal Perinatal MedicineIL · FY2024$5,000
Regents of UcFY2023$5,000
Oregon Health & Science UniversityFY2023$5,000
Emory UniversityGA · FY2022$26,400
Washington UniversityMO · FY2021$10,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$494K revenue · viewing · ⤓ 990 PDF
FY2024$403K revenue · ⤓ 990 PDF
FY2023$351K revenue · ⤓ 990 PDF
FY2022$652K revenue · ⤓ 990 PDF
FY2021$237K revenue · ⤓ 990 PDF
FY2020$647K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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