Quick charity verification for International Isocyanate Institute Inc (EIN: 132734693)
Verdict: International Isocyanate Institute Inc appears trustworthy
70/100Mission Score
$2.9MRevenue
$3.0MAssets
3Red Flags
3Strengths
Red Flags
Inconsistent financial performance with recurring operational deficits (e.g., $691,202 deficit in 2023, $626,301 deficit in 2020).
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering efficiency assessment.
Unusually consistent 0% officer compensation for an organization with multi-million dollar revenues, which may obscure actual leadership compensation structures.
Strengths
Consistent IRS 990 filing history over 13 periods, indicating good compliance.
Maintains a solid asset base, with assets of $3,634,663 in 2023, providing financial stability.
Significant revenue generation in some years, such as $4,975,099 in 2022.
Spending Breakdown
How International Isocyanate Institute Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 International Isocyanate Institute Inc
Is International Isocyanate Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, International Isocyanate Institute Inc (EIN: 132734693) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is International Isocyanate Institute Inc a good charity to donate to?
International Isocyanate Institute Inc has a Mission Score of 70/100. Revenue: $2.9M. Assets: $3.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Isocyanate Institute Inc?
The Employer Identification Number (EIN) for International Isocyanate Institute Inc is 132734693. 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 Isocyanate Institute Inc spend its money?
International Isocyanate Institute Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Isocyanate Institute Inc's tax-exempt status?
You can verify International Isocyanate Institute Inc's tax-exempt status using EIN 132734693 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
International Isocyanate Institute Inc. demonstrates a fluctuating financial performance over the past decade. While the organization reported a significant revenue of $4,975,099 in 2022, it experienced a deficit in 2023 with expenses exceeding revenue by $691,202 ($3,726,992 expenses vs. $3,035,790 revenue). This recent trend of spending more than it earns, also seen in 2020, 2019, and 2017, suggests potential challenges in maintaining financial stability without drawing down assets or increasing liabilities. The organization's assets have generally grown, reaching $3,634,663 in 2023, indicating a solid asset base despite recent operational losses.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator for efficiency. The lack of detailed NTEE code information and specific program descriptions in the provided data limits a comprehensive evaluation of its program focus and impact.
In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is a strong positive. However, the absence of reported officer compensation, while potentially indicating volunteer leadership, could also mask other forms of executive benefits if not clearly explained. A more detailed breakdown of expenses beyond total revenue and expenses would enhance transparency and allow for a clearer understanding of how funds are allocated to its mission.