Quick charity verification for Axion Research Foundation Inc (EIN: 222604752)
Verdict: Axion Research Foundation Inc shows mixed signals
45/100Mission Score
$108KRevenue
$510KAssets
4Red Flags
1Strengths
Red Flags
Consistent 0% program spending across all reported years (2016-2023) suggests the organization may not be actively engaged in its stated mission.
Significant and sustained decline in revenue from $3,439,036 in 2018 to $108,029 in 2023, while expenses remain high.
Expenses consistently exceed revenue in recent years, leading to a depletion of assets (e.g., assets decreased from $1,600,285 in 2022 to $510,433 in 2023).
The organization reported 0% fundraising costs, which, combined with declining revenue, could indicate a lack of active fundraising or miscategorization of expenses.
Strengths
None apparent from the provided financial data, given the consistent 0% program spending and declining financial health.
AI Transparency Report
Axion Research Foundation Inc is a science & technology nonprofit based in Hamden, Connecticut, with reported revenue of $108K and assets of $510K. Our AI analysis assigns a Mission Score of 45/100 (Fair). Without specific compensation figures for executives, it is impossible to assess the reasonableness of executive compensation; however, given the 0% program spending, any compensation would be concerning. Revenue has declined -98% across 13 filing periods.