Is International Biodegradable Products Institute Inc Legit?
Quick charity verification for International Biodegradable Products Institute Inc (EIN: 134088453)
Verdict: International Biodegradable Products Institute Inc appears trustworthy
95/100Mission Score
$3.5MRevenue
$3.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent and strong revenue growth, from $1,484,600 in 2020 to $3,160,434 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency and dedication to mission.
Low liabilities relative to assets, with liabilities at $16,039 against assets of $3,011,120 in 2023, demonstrating strong financial stability.
Healthy asset growth, increasing from $1,844,882 in 2020 to $3,011,120 in 2023.
Strong program focus implied by the absence of officer compensation and efficient expense management.
Spending Breakdown
How International Biodegradable Products Institute Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 International Biodegradable Products Institute Inc
Is International Biodegradable Products Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, International Biodegradable Products Institute Inc (EIN: 134088453) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is International Biodegradable Products Institute Inc a good charity to donate to?
International Biodegradable Products Institute Inc has a Mission Score of 95/100. Revenue: $3.5M. Assets: $3.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Biodegradable Products Institute Inc?
The Employer Identification Number (EIN) for International Biodegradable Products Institute Inc is 134088453. 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 International Biodegradable Products Institute Inc spend its money?
International Biodegradable Products Institute Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Biodegradable Products Institute Inc's tax-exempt status?
You can verify International Biodegradable Products Institute Inc's tax-exempt status using EIN 134088453 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 International Biodegradable Products Institute Inc (IBPI) demonstrates strong financial health and growth, with its latest reported revenue at $3,547,517 and assets at $3,428,405. Over the past five years, the organization has shown consistent revenue growth, more than doubling from $1,484,600 in 2020 to $3,160,434 in 2023. This growth is coupled with efficient spending, as evidenced by its program spending ratio, which appears to be very high given the lack of reported officer compensation and the overall expense structure. The organization's liabilities remain very low relative to its assets, indicating good financial management and stability.
IBPI's financial transparency is excellent, particularly due to the consistent reporting of zero officer compensation across all available filings. This suggests that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor confidence. The consistent growth in assets alongside revenue also points to sound financial stewardship and the ability to build reserves.
Overall, IBPI appears to be a well-managed and financially robust organization. Its consistent growth, low liabilities, and lack of reported officer compensation contribute to a positive assessment of its financial health and commitment to its mission. The organization's NTEE code S41 (Environmental Protection & Conservation) aligns with its name, suggesting a clear programmatic focus.