Is International Institute Of Synthetic Rubber Producers Inc Legit?
Quick charity verification for International Institute Of Synthetic Rubber Producers Inc (EIN: 131929277)
Verdict: International Institute Of Synthetic Rubber Producers Inc shows mixed signals
65/100Mission Score
$999KRevenue
$1.5MAssets
3Red Flags
3Strengths
Red Flags
Consistent decline in total assets over the past decade, from $2,811,155 in 2014 to $1,650,521 in 2023.
Expenses frequently exceed revenue, as seen in 2023 ($1,109,249 expenses vs. $972,689 revenue) and 2022 ($1,222,891 expenses vs. $1,124,185 revenue), indicating potential operational deficits.
Lack of reported officer compensation, which, while potentially positive, could also obscure how leadership is truly supported or compensated.
Strengths
Significant reduction in liabilities, from a high of $942,326 in 2016 to $99,003 in 2023, indicating strong debt management.
Consistent filing of IRS Form 990s, demonstrating a commitment to regulatory transparency.
Maintained substantial assets over $1.5 million, providing a financial cushion despite recent declines.
Spending Breakdown
How International Institute Of Synthetic Rubber Producers 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 International Institute Of Synthetic Rubber Producers Inc
Is International Institute Of Synthetic Rubber Producers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, International Institute Of Synthetic Rubber Producers Inc (EIN: 131929277) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is International Institute Of Synthetic Rubber Producers Inc a good charity to donate to?
International Institute Of Synthetic Rubber Producers Inc has a Mission Score of 65/100. Revenue: $999K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Institute Of Synthetic Rubber Producers Inc?
The Employer Identification Number (EIN) for International Institute Of Synthetic Rubber Producers Inc is 131929277. 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 Institute Of Synthetic Rubber Producers Inc spend its money?
International Institute Of Synthetic Rubber Producers Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Institute Of Synthetic Rubber Producers Inc's tax-exempt status?
You can verify International Institute Of Synthetic Rubber Producers Inc's tax-exempt status using EIN 131929277 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 Institute Of Synthetic Rubber Producers Inc (IISRP) demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. However, the organization has experienced a decline in assets from a high of $2,811,155 in 2014 to $1,650,521 in 2023, indicating a reduction in its financial reserves. Despite this, liabilities have also decreased significantly from $942,326 in 2016 to $99,003 in 2023, which is a positive sign of debt management. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with no reported officer compensation, suggesting a volunteer or externally funded leadership structure, though specific program spending details would enhance a full transparency assessment.