Borneo Research Council
Borneo Research Council maintains robust assets and exceptionally low expenses with zero officer compensation.
EIN: 208418924 · Phillips, ME · NTEE: C05 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $92K |
| Total Expenses | $7K |
| Program Spending | 90% |
| Net Assets | $653K |
| Transparency Score | 92/100 |
Is Borneo Research Council Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Borneo Research Council directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Borneo Research Council
Borneo Research Council (EIN: 208418924) is a nonprofit organization based in Phillips, ME, classified under NTEE code C05. The organization reported total revenue of $92K and total assets of $678K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Borneo Research Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Borneo Research Council is a micro nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $7K |
| Surplus / Deficit | +$50K |
| Total Assets | $653K |
| Net Assets | $653K |
| Operating Margin | 87.3% |
| Months of Reserves | 1078.4 months |
Financial Health Grade: A
In 2023, Borneo Research Council reported a surplus of $50K with revenue exceeding expenses, holds 1078.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Borneo Research Council's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.6% | -67.7% | +24.6% |
| 2022 | +39.2% | +105.8% | -4.5% |
| 2021 | +12.7% | +103.3% | +30.8% |
| 2020 | +92.1% | -3.8% | +12.0% |
| 2019 | -14.9% | -31.8% | +28.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
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 Borneo Research Council with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Borneo Research Council allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 surplus of $50K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is highly commendable for a nonprofit of its size and contributes to its extremely low expense ratio.
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.
Strengths
The following positive indicators were identified for Borneo Research Council:
- Exceptional financial health with consistently growing assets (from $144,887 in 2014 to $652,782 in 2023).
- Zero reported liabilities across all filings, indicating strong financial management.
- Extremely low expense ratio relative to revenue (e.g., $7,264 expenses on $57,273 revenue in 2023).
- No officer compensation reported, suggesting a volunteer-driven leadership and high efficiency.
- Consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Borneo Research Council
Is Borneo Research Council a legitimate charity?
Based on AI analysis of IRS 990 filings, Borneo Research Council (EIN: 208418924) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Borneo Research Council spend its money?
Borneo Research Council directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Borneo Research Council tax-deductible?
Borneo Research Council is registered as a tax-exempt nonprofit (EIN: 208418924). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Borneo Research Council's spending goes to programs?
Borneo Research Council directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Borneo Research Council compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Borneo Research Council is above average for NTEE category C05 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Borneo Research Council located?
Borneo Research Council is headquartered in Phillips, Maine and files with the IRS under EIN 208418924. It is classified under NTEE code C05.
How many years of IRS 990 filings does Borneo Research Council have?
Borneo Research Council 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 $92K in total revenue.
Is Borneo Research Council a good charity?
Based on the provided financial data, Borneo Research Council appears to be a very good charity. It exhibits exceptional financial health with growing assets and zero liabilities, extremely low operating expenses (e.g., $7,264 in expenses vs. $57,273 revenue in 2023), and no reported officer compensation, suggesting high efficiency and a strong commitment to its mission.
How does Borneo Research Council manage its expenses?
The organization manages its expenses exceptionally well, consistently keeping them at a very low level relative to its revenue. For instance, in 2023, expenses were only $7,264 against $57,273 in revenue. This indicates a highly efficient and lean operational model.
What is the trend in Borneo Research Council's assets?
Borneo Research Council's assets have shown a strong upward trend, growing from $144,887 in 2014 to $652,782 in 2023. This consistent growth, coupled with zero liabilities, demonstrates excellent financial stewardship and stability.
Filing History
IRS 990 filing history for Borneo Research Council showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Borneo Research Council's revenue has grown by 331.5%, moving from $13K to $57K. Total assets increased by 652.8% over the same period, from $87K to $653K. Total functional expenses fell by 25%, from $10K to $7K. In its most recent filing year (2023), Borneo Research Council reported a surplus of $50K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $7K | $653K | $0 | — | — |
| 2022 | $96K | $22K | $524K | $0 | — | — |
| 2021 | $69K | $11K | $549K | $0 | — | — |
| 2020 | $61K | $5K | $419K | $0 | — | — |
| 2019 | $32K | $6K | $374K | $0 | — | View 990 |
| 2018 | $38K | $8K | $290K | $0 | — | View 990 |
| 2017 | $63K | $6K | $359K | $0 | — | View 990 |
| 2016 | $164K | $5K | $303K | $0 | — | View 990 |
| 2015 | $8K | $9K | $144K | $0 | — | View 990 |
| 2014 | $26K | $27K | $145K | $0 | — | View 990 |
| 2013 | $51K | $6K | $146K | $0 | — | View 990 |
| 2012 | $27K | $13K | $101K | $0 | — | View 990 |
| 2011 | $13K | $10K | $87K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $7K, and assets of $653K (revenue -40.6% year-over-year).
- 2022: Revenue of $96K, expenses of $22K, and assets of $524K (revenue +39.2% year-over-year).
- 2021: Revenue of $69K, expenses of $11K, and assets of $549K (revenue +12.7% year-over-year).
- 2020: Revenue of $61K, expenses of $5K, and assets of $419K (revenue +92.1% year-over-year).
- 2019: Revenue of $32K, expenses of $6K, and assets of $374K (revenue -14.9% year-over-year).
- 2018: Revenue of $38K, expenses of $8K, and assets of $290K (revenue -40.5% year-over-year).
- 2017: Revenue of $63K, expenses of $6K, and assets of $359K (revenue -61.4% year-over-year).
- 2016: Revenue of $164K, expenses of $5K, and assets of $303K (revenue +1952.1% year-over-year).
- 2015: Revenue of $8K, expenses of $9K, and assets of $144K (revenue -69.2% year-over-year).
- 2014: Revenue of $26K, expenses of $27K, and assets of $145K (revenue -48.9% year-over-year).
- 2013: Revenue of $51K, expenses of $6K, and assets of $146K (revenue +86.3% year-over-year).
- 2012: Revenue of $27K, expenses of $13K, and assets of $101K (revenue +104.6% year-over-year).
- 2011: Revenue of $13K, expenses of $10K, and assets of $87K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Borneo Research Council:
Data Sources and Methodology
This transparency report for Borneo Research Council 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.