Quick charity verification for Iimi Inc (EIN: 134077817)
Verdict: Iimi Inc appears trustworthy
85/100Mission Score
$960KRevenue
$32.6MAssets
1Red Flags
4Strengths
Red Flags
Periods of deficit spending (e.g., 2021 and 2022 where expenses exceeded revenue)
Strengths
Strong and growing asset base, reaching $31.1 million in 2023
Consistent reporting of 0% officer compensation, indicating high transparency or low executive pay
Positive net income in the most recent filing (2023), with revenue of $2,430,099 exceeding expenses of $1,669,310
Relatively low and stable liabilities over time
Spending Breakdown
How Iimi Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Iimi Inc
Is Iimi Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Iimi Inc (EIN: 134077817) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Iimi Inc a good charity to donate to?
Iimi Inc has a Mission Score of 85/100. Revenue: $960K. Assets: $32.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Iimi Inc?
The Employer Identification Number (EIN) for Iimi Inc is 134077817. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Iimi Inc spend its money?
Iimi Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Iimi Inc's tax-exempt status?
You can verify Iimi Inc's tax-exempt status using EIN 134077817 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Iimi Inc demonstrates a generally stable financial position with significant assets, consistently above $20 million over the past decade, reaching $31.1 million in 2023. The organization has shown a positive net income in recent years, with 2023 revenue of $2,430,099 exceeding expenses of $1,669,310. However, there were periods of deficit spending, such as in 2022 and 2021, where expenses outpaced revenue. The organization's liabilities have remained relatively low and stable, indicating good financial management in this area. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not a significant expense category, which is a positive indicator for donor confidence.
While the overall financial health appears sound, a detailed breakdown of spending efficiency (program vs. administrative vs. fundraising) is not explicitly provided in the summary data. However, the consistent positive net assets and growth in total assets suggest effective management of resources over the long term. The absence of officer compensation is a strong point for transparency and efficient use of funds. Further analysis would benefit from a more granular view of expense categories to fully assess spending efficiency.
The organization's NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activities involve grantmaking or supporting other nonprofits. This type of organization often has different spending profiles compared to direct service providers. The substantial asset base indicates a strong endowment or investment portfolio, which is typical for foundations and provides long-term stability.