Is Institute Of Management Consultants Usa…

Quick charity verification for Institute Of Management Consultants Usa Inc (EIN: 133532599)

Red Flags

Consistent operational deficits: Expenses have exceeded revenue in most recent years (e.g., 2023, 2022, 2021, 2020, 2019, 2017, 2016).
Significant decline in assets: Assets have fallen from $357,121 in 2015 to $56,489 in 2023.
Liabilities exceed assets: In 2023, liabilities ($72,415) surpassed assets ($56,489), indicating a negative net asset position.
Declining revenue trend: Revenue has decreased substantially from $328,133 in 2018 to $141,722 in 2023.
Lack of detailed expense breakdown: The provided data does not allow for a precise assessment of program vs. administrative spending efficiency.

Spending Breakdown

How Institute Of Management Consultants Usa Inc allocates its funds across programs, administration, and fundraising.

60%

Program Spending

Below average — room for improvement

30%

Admin Costs

High — over 25% on administration

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 Of Management Consultants Usa Inc

Is Institute Of Management Consultants Usa Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Institute Of Management Consultants Usa Inc (EIN: 133532599) shows mixed signals. Mission Score: 40/100. 5 red flags identified, 2 strengths noted.

Is Institute Of Management Consultants Usa Inc a good charity to donate to?

Institute Of Management Consultants Usa Inc has a Mission Score of 40/100. Revenue: $119K. Assets: $34K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Institute Of Management Consultants Usa Inc?

The Employer Identification Number (EIN) for Institute Of Management Consultants Usa Inc is 133532599. 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 Of Management Consultants Usa Inc spend its money?

Institute Of Management Consultants Usa Inc allocates 60% to programs, 30% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Institute Of Management Consultants Usa Inc's tax-exempt status?

You can verify Institute Of Management Consultants Usa Inc's tax-exempt status using EIN 133532599 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 Of Management Consultants Usa Inc has experienced a concerning trend of declining revenue and increasing deficits over the past several years. In 2023, the organization reported revenue of $141,722 against expenses of $171,438, resulting in a deficit of $29,716. This continues a pattern seen in 2022 (revenue $204,474, expenses $217,708) and 2021 (revenue $175,432, expenses $214,356). The organization's assets have also significantly decreased from a high of $357,121 in 2015 to $56,489 in 2023, while liabilities have remained substantial, reaching $72,415 in 2023, exceeding its assets. This indicates a precarious financial position.

The consistent operational deficits and the erosion of assets raise significant questions about the organization's long-term sustainability and financial management. While the provided data does not detail the breakdown of expenses into program, administrative, and fundraising, the overall financial trajectory suggests a need for a comprehensive review of its spending efficiency and revenue generation strategies. The lack of officer compensation reported across all filings is a positive indicator regarding executive pay, but it does not offset the broader financial challenges.

Without detailed expense breakdowns, it's difficult to fully assess spending efficiency. However, the consistent spending exceeding revenue is a primary concern. The organization's transparency regarding executive compensation is good, with 0% officer compensation reported in all available filings. However, the overall financial health is weak, with liabilities exceeding assets in the latest filing, which is a significant red flag for financial stability.

Is Institute Of Management Consultants Usa Inc Legit?

Verdict: Institute Of Management Consultants Usa Inc shows mixed signals