Arboretum Market Investment Group Inc
Arboretum Market Investment Group Inc reports zero expenses despite millions in revenue and assets for a decade.
EIN: 202422242 · Dallas, TX · NTEE: S47 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.7M |
| Net Assets | $30.3M |
| Transparency Score | 5/100 |
Is Arboretum Market Investment Group Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Arboretum Market Investment Group Inc
Arboretum Market Investment Group Inc (EIN: 202422242) is a nonprofit organization based in Dallas, TX, classified under NTEE code S47. The organization reported total revenue of $4.7M and total assets of $62.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arboretum Market Investment Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arboretum Market Investment Group Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $0 |
| Surplus / Deficit | +$1.4M |
| Total Assets | $59.7M |
| Total Liabilities | $29.3M |
| Net Assets | $30.3M |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 49.2% |
Financial Health Grade: A
In 2023, Arboretum Market Investment Group Inc reported a surplus of $1.4M with revenue exceeding expenses, has a debt-to-asset ratio of 49.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Arboretum Market Investment Group Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.0% | — | +4.7% |
| 2022 | -22.5% | — | +1.3% |
| 2021 | -5.5% | — | -3.7% |
| 2020 | -2.3% | — | -2.7% |
| 2019 | +12.3% | — | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Arboretum Market Investment Group Inc with a Mission Score of 5 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Arboretum Market Investment Group Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 49.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity managing tens of millions in assets and revenue, suggesting either a fully volunteer board or incomplete reporting.
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 Arboretum Market Investment Group Inc's IRS 990 filings:
- Consistent reporting of $0 expenses across all categories for over a decade, despite significant revenue and assets.
- Inability to assess program efficiency or impact due to lack of expense reporting.
- Dramatic increase in liabilities from $1.2 million in 2021 to $29.3 million in 2023 without clear explanation.
- Lack of reported officer compensation for an organization managing tens of millions in assets.
Strengths
The following positive indicators were identified for Arboretum Market Investment Group Inc:
- Consistent growth in assets over the long term, from $47.5 million in 2014 to $62.4 million currently.
Frequently Asked Questions about Arboretum Market Investment Group Inc
Is Arboretum Market Investment Group Inc a legitimate charity?
Arboretum Market Investment Group Inc (EIN: 202422242) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 5/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.7M. 4 red flags identified. 1 strength noted. Financial health grade: A.
How does Arboretum Market Investment Group Inc spend its money?
Arboretum Market Investment Group Inc reported $4.7M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Arboretum Market Investment Group Inc tax-deductible?
Arboretum Market Investment Group Inc is registered as a tax-exempt nonprofit (EIN: 202422242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Arboretum Market Investment Group Inc compare to similar nonprofits?
With a transparency score of 5/100 (Very Poor), Arboretum Market Investment Group Inc is below average for NTEE category S47 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Arboretum Market Investment Group Inc located?
Arboretum Market Investment Group Inc is headquartered in Dallas, Texas and files with the IRS under EIN 202422242. It is classified under NTEE code S47.
How many years of IRS 990 filings does Arboretum Market Investment Group Inc have?
Arboretum Market Investment Group Inc 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 $4.7M in total revenue.
How does Arboretum Market Investment Group Inc operate with zero reported expenses for over a decade?
The IRS 990 filings from 2014 to 2023 consistently show $0 in total expenses, which is highly unusual for an organization with significant revenue and assets. This raises questions about how the organization conducts its activities, covers operational costs, or if its financial reporting is incomplete.
What is the purpose of Arboretum Market Investment Group Inc if it reports no program spending?
With $0 reported expenses, there is no indication of any program spending. This makes it impossible to determine how the organization is fulfilling its mission, especially given its NTEE code S47 (Community Development Financial Institutions).
Why have liabilities increased dramatically from $1.2 million in 2021 to $29.3 million in 2023?
The significant jump in liabilities from $1,226,380 in 2021 to $29,340,757 in 2023, while assets also grew, is a major financial shift that requires clarification to understand the organization's financial strategy and risk profile.
Is Arboretum Market Investment Group Inc a good charity?
Based on the available IRS 990 data, it is not possible to assess if Arboretum Market Investment Group Inc is a 'good charity' due to the consistent reporting of zero expenses. Without any information on how funds are spent on programs, administration, or fundraising, its effectiveness and impact cannot be evaluated.
Filing History
IRS 990 filing history for Arboretum Market Investment Group Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Arboretum Market Investment Group Inc's revenue has declined by 45.4%, moving from $2.5M to $1.4M. Total assets increased by 70% over the same period, from $35.1M to $59.7M. The organization holds $29.3M in liabilities against $59.7M in assets (debt-to-asset ratio: 49.2%), resulting in net assets of $30.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $0 | $59.7M | $29.3M | — | View 990 |
| 2022 | $2.0M | $0 | $57.0M | $29.1M | — | View 990 |
| 2021 | $2.5M | $0 | $56.3M | $1.2M | — | View 990 |
| 2020 | $2.7M | $0 | $58.4M | $1.3M | — | — |
| 2019 | $2.8M | $0 | $60.0M | $1.4M | — | View 990 |
| 2018 | $2.5M | $0 | $58.5M | $1.3M | — | View 990 |
| 2017 | $2.5M | $0 | $53.8M | $858K | — | View 990 |
| 2016 | $2.7M | $0 | $52.2M | $765K | — | View 990 |
| 2015 | $2.4M | $0 | $51.4M | $787K | — | View 990 |
| 2014 | $2.0M | $0 | $47.5M | $650K | — | View 990 |
| 2013 | $1.7M | $0 | $42.0M | $735K | — | View 990 |
| 2012 | $2.6M | $0 | $38.1M | $558K | — | View 990 |
| 2011 | $2.5M | $0 | $35.1M | $566K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $0, and assets of $59.7M (revenue -31.0% year-over-year).
- 2022: Revenue of $2.0M, expenses of $0, and assets of $57.0M (revenue -22.5% year-over-year).
- 2021: Revenue of $2.5M, expenses of $0, and assets of $56.3M (revenue -5.5% year-over-year).
- 2020: Revenue of $2.7M, expenses of $0, and assets of $58.4M (revenue -2.3% year-over-year).
- 2019: Revenue of $2.8M, expenses of $0, and assets of $60.0M (revenue +12.3% year-over-year).
- 2018: Revenue of $2.5M, expenses of $0, and assets of $58.5M (revenue -3.1% year-over-year).
- 2017: Revenue of $2.5M, expenses of $0, and assets of $53.8M (revenue -5.5% year-over-year).
- 2016: Revenue of $2.7M, expenses of $0, and assets of $52.2M (revenue +9.3% year-over-year).
- 2015: Revenue of $2.4M, expenses of $0, and assets of $51.4M (revenue +20.9% year-over-year).
- 2014: Revenue of $2.0M, expenses of $0, and assets of $47.5M (revenue +17.0% year-over-year).
- 2013: Revenue of $1.7M, expenses of $0, and assets of $42.0M (revenue -32.4% year-over-year).
- 2012: Revenue of $2.6M, expenses of $0, and assets of $38.1M (revenue +2.9% year-over-year).
- 2011: Revenue of $2.5M, expenses of $0, and assets of $35.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arboretum Market Investment Group Inc:
Data Sources and Methodology
This transparency report for Arboretum Market Investment Group Inc 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.