How Institute For Industrial And Applied Life Science allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Institute For Industrial And Applied Life Science
Is Institute For Industrial And Applied Life Science a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute For Industrial And Applied Life Science (EIN: 201215246) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Institute For Industrial And Applied Life Science a good charity to donate to?
Institute For Industrial And Applied Life Science has a Mission Score of 85/100. Revenue: $281K. Assets: $571K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Institute For Industrial And Applied Life Science?
The Employer Identification Number (EIN) for Institute For Industrial And Applied Life Science is 201215246. 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 Institute For Industrial And Applied Life Science spend its money?
Institute For Industrial And Applied Life Science allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Institute For Industrial And Applied Life Science's tax-exempt status?
You can verify Institute For Industrial And Applied Life Science's tax-exempt status using EIN 201215246 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
The Institute For Industrial And Applied Life Science demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. While revenue has fluctuated, peaking at $619,509 in 2014 and showing a recent decline to $434,225 in 2023, the organization has managed its expenses, often operating with a surplus in recent years (e.g., $434,225 revenue vs. $376,124 expenses in 2023). The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of spending efficiency and transparency.
However, the organization has experienced periods where expenses exceeded revenue, notably in 2014-2020, which led to a decrease in assets from a high of $1,044,300 in 2014 to $425,369 in 2020. While assets have since recovered to $660,650 in 2023, this historical trend suggests a need for careful financial planning to maintain long-term sustainability. The absence of reported officer compensation enhances transparency, as it clearly indicates that leadership is not drawing salaries from the organization's funds.