Quick charity verification for Institute For Nursing Inc (EIN: 222259791)
Verdict: Institute For Nursing Inc appears trustworthy
70/100Mission Score
$754KRevenue
$884KAssets
3Red Flags
3Strengths
Red Flags
Consistent 0% reported compensation for all officers, directors, trustees, and key employees across all years, which is highly unusual and may indicate incomplete reporting or an all-volunteer leadership structure not explicitly stated.
Total liabilities consistently exceed total assets, with liabilities at $1,206,122 and assets at $980,499 in 2024, indicating potential long-term financial instability.
Assets have shown a declining trend from $1,162,848 in 2017 to $980,499 in 2024, while liabilities have generally increased over the same period.
Strengths
Revenue has remained relatively stable over the past several years, with $791,973 in 2024 and $763,134 in 2023, suggesting a consistent funding base.
The organization has a long history of financial reporting, with data available back to 2017, demonstrating a commitment to transparency in financial disclosures.
Expenses have generally been lower than revenue in recent years (e.g., $840,927 expenses vs. $791,973 revenue in 2024, but $767,246 expenses vs. $763,134 revenue in 2023), indicating a focus on managing costs relative to income.
Spending Breakdown
How Institute For Nursing Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Nursing Inc
Is Institute For Nursing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute For Nursing Inc (EIN: 222259791) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Institute For Nursing Inc a good charity to donate to?
Institute For Nursing Inc has a Mission Score of 70/100. Revenue: $754K. Assets: $884K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Institute For Nursing Inc?
The Employer Identification Number (EIN) for Institute For Nursing Inc is 222259791. 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 Nursing Inc spend its money?
Institute For Nursing Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Institute For Nursing Inc's tax-exempt status?
You can verify Institute For Nursing Inc's tax-exempt status using EIN 222259791 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
Institute For Nursing Inc is a education nonprofit based in Ewing, New Jersey, with reported revenue of $754K and assets of $884K. Our AI analysis assigns a Mission Score of 70/100 (Good). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. Executive compensation is reported as $0 across all available filings, which is unusual for an organization of this size and may warrant further investigation into how leadership is compensated or if services are provided pro bono. Revenue has declined -10% across 14 filing periods.