Ara Research Institute Nfp
Ara Research Institute Nfp reports negligible revenue and expenses in recent years, indicating minimal operational activity.
EIN: 204992608 · Washington, DC · NTEE: H12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Total Expenses | $389 |
| Program Spending | 80% |
| Net Assets | $577 |
| Transparency Score | 45/100 |
Is Ara Research Institute Nfp Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ara Research Institute Nfp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ara Research Institute Nfp
Ara Research Institute Nfp (EIN: 204992608) is a nonprofit organization based in Washington, DC, classified under NTEE code H12. The organization reported total revenue of $1 and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ara Research Institute Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ara Research Institute Nfp is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -58.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $389 |
| Surplus / Deficit | $-388 |
| Total Assets | $2K |
| Total Liabilities | $2K |
| Net Assets | $577 |
| Operating Margin | -38800.0% |
| Debt-to-Asset Ratio | 74.8% |
| Months of Reserves | 70.6 months |
Financial Health Grade: C
In 2023, Ara Research Institute Nfp reported a deficit of $388 with expenses exceeding revenue, holds 70.6 months of operating reserves (strong position), has a debt-to-asset ratio of 74.8% (high leverage).
Financial Trends
Over 13 years of filings (2010–2023), Ara Research Institute Nfp's revenue has declined at a compound annual growth rate (CAGR) of -58.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -92.8% | +174.3% |
| 2022 | -93.4% | -94.9% | +49.1% |
| 2021 | +8737900.0% | +932.6% | -97.2% |
| 2020 | -100.0% | -90.9% | -34.1% |
| 2019 | +10.9% | -20.0% | -45.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ara Research Institute Nfp with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ara Research Institute Nfp allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $388, with expenses exceeding revenue.
- Debt-to-asset ratio: 74.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, which is excellent for an organization of any size, demonstrating a commitment to minimizing overhead in this area.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ara Research Institute Nfp's IRS 990 filings:
- Extremely low and inconsistent revenue in recent years (e.g., $1 in 2023, $5,800 in 2022).
- Significant decline in total assets over the past decade (from $276,432 in 2013 to $2,290 in 2023).
- Expenses often exceed revenue, indicating consistent operating deficits in many periods (e.g., 2023: $1 revenue vs. $389 expenses; 2021: $87,380 revenue vs. $106,790 expenses).
Strengths
The following positive indicators were identified for Ara Research Institute Nfp:
- Consistent reporting of 0% officer compensation across all filings, indicating no executive pay burden.
- Low liabilities in recent years (e.g., $1 in 2022, $1,713 in 2023) relative to assets.
Frequently Asked Questions about Ara Research Institute Nfp
Is Ara Research Institute Nfp a legitimate charity?
Ara Research Institute Nfp (EIN: 204992608) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $1. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Ara Research Institute Nfp spend its money?
Ara Research Institute Nfp directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ara Research Institute Nfp tax-deductible?
Ara Research Institute Nfp is registered as a tax-exempt nonprofit (EIN: 204992608). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ara Research Institute Nfp's spending goes to programs?
Ara Research Institute Nfp directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ara Research Institute Nfp compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Ara Research Institute Nfp is near average for NTEE category H12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ara Research Institute Nfp located?
Ara Research Institute Nfp is headquartered in Washington, Washington DC and files with the IRS under EIN 204992608. It is classified under NTEE code H12.
How many years of IRS 990 filings does Ara Research Institute Nfp have?
Ara Research Institute Nfp has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1 in total revenue.
Is Ara Research Institute Nfp actively operating?
Based on the 2023 revenue of $1 and expenses of $389, the organization appears to have very minimal operational activity, if any, in its most recent fiscal period.
What caused the significant decline in assets?
The organization's assets have decreased from $276,432 in 2013 to $2,290 in 2023. This significant decline suggests either substantial asset liquidation, consistent operating losses, or a shift in financial strategy over the decade.
How does the organization fund its operations with such low revenue?
With revenue of $1 in 2023 and $5,800 in 2022, it's unclear how the organization sustains any operations, even minimal ones. It suggests reliance on prior year reserves, very limited project-based funding, or a period of dormancy.
Filing History
IRS 990 filing history for Ara Research Institute Nfp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Ara Research Institute Nfp's revenue has declined by 100%, moving from $100K to $1. Total assets decreased by 97.9% over the same period, from $111K to $2K. Total functional expenses fell by 99.8%, from $171K to $389. In its most recent filing year (2023), Ara Research Institute Nfp reported a deficit of $388, with expenses exceeding revenue. The organization holds $2K in liabilities against $2K in assets (debt-to-asset ratio: 74.8%), resulting in net assets of $577.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $389 | $2K | $2K | — | — |
| 2022 | $6K | $5K | $835 | $1 | — | View 990 |
| 2021 | $87K | $107K | $560 | $1 | — | — |
| 2020 | $1 | $10K | $20K | $1 | — | View 990 |
| 2019 | $114K | $114K | $30K | $1 | — | — |
| 2017 | $103K | $143K | $56K | $24K | — | View 990 |
| 2016 | $7K | $27K | $92K | $20K | — | View 990 |
| 2015 | $32K | $31K | $114K | $22K | — | View 990 |
| 2014 | $138 | $46K | $117K | $26K | — | View 990 |
| 2013 | $100K | $234K | $276K | $140K | — | View 990 |
| 2012 | $100K | $10K | $281K | $11K | — | View 990 |
| 2011 | $100K | $13K | $190K | $9K | — | View 990 |
| 2010 | $100K | $171K | $111K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $389, and assets of $2K (revenue -100.0% year-over-year).
- 2022: Revenue of $6K, expenses of $5K, and assets of $835 (revenue -93.4% year-over-year).
- 2021: Revenue of $87K, expenses of $107K, and assets of $560 (revenue +8737900.0% year-over-year).
- 2020: Revenue of $1, expenses of $10K, and assets of $20K (revenue -100.0% year-over-year).
- 2019: Revenue of $114K, expenses of $114K, and assets of $30K (revenue +10.9% year-over-year).
- 2017: Revenue of $103K, expenses of $143K, and assets of $56K (revenue +1354.9% year-over-year).
- 2016: Revenue of $7K, expenses of $27K, and assets of $92K (revenue -77.9% year-over-year).
- 2015: Revenue of $32K, expenses of $31K, and assets of $114K (revenue +23089.9% year-over-year).
- 2014: Revenue of $138, expenses of $46K, and assets of $117K (revenue -99.9% year-over-year).
- 2013: Revenue of $100K, expenses of $234K, and assets of $276K (revenue +0.0% year-over-year).
- 2012: Revenue of $100K, expenses of $10K, and assets of $281K (revenue +0.0% year-over-year).
- 2011: Revenue of $100K, expenses of $13K, and assets of $190K (revenue +-0.0% year-over-year).
- 2010: Revenue of $100K, expenses of $171K, and assets of $111K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ara Research Institute Nfp:
Data Sources and Methodology
This transparency report for Ara Research Institute Nfp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.