Electrophysiology Research Fdn
Electrophysiology Research Fdn: Volatile Revenue, High Administrative Costs
EIN: 222415051 · Green Brook, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $205K |
| Total Expenses | $210K |
| Program Spending | 50% |
| Net Assets | $145K |
| Transparency Score | 65/100 |
Is Electrophysiology Research Fdn Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Electrophysiology Research Fdn directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Electrophysiology Research Fdn
Electrophysiology Research Fdn (EIN: 222415051) is a nonprofit organization based in Green Brook, NJ. The organization reported total revenue of $205K and total assets of $154K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Electrophysiology Research Fdn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Electrophysiology Research Fdn is a small nonprofit that has been operating for 43 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $174K |
| Total Expenses | $210K |
| Surplus / Deficit | $-35,761 |
| Total Assets | $155K |
| Total Liabilities | $10K |
| Net Assets | $145K |
| Operating Margin | -20.5% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 8.9 months |
Financial Health Grade: B
In 2023, Electrophysiology Research Fdn reported a deficit of $36K with expenses exceeding revenue, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 6.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Electrophysiology Research Fdn's revenue has declined at a compound annual growth rate (CAGR) of -5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +51.9% | -21.5% | -18.7% |
| 2022 | -72.8% | +27.4% | -42.8% |
| 2021 | +13881.1% | +14.1% | +174.3% |
| 2020 | -73.3% | -51.3% | -59.7% |
| 2019 | -98.9% | +38.4% | -64.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Electrophysiology Research Fdn with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 40%
- programs: 50%
- fundraising: 10%
According to IRS 990 filings, Electrophysiology Research Fdn allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.5%.
Executive Compensation Analysis
Executive compensation cannot be assessed as specific figures for individual salaries are not provided in the given data.
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 Electrophysiology Research Fdn's IRS 990 filings:
- Highly volatile revenue, ranging from $1,006,209 in 2015 to $3,017 in 2020, suggests an unstable funding model.
- Total expenses frequently exceed revenue, leading to a consistent decrease in assets over several years (e.g., assets decreased from $334,380 in 2021 to $155,440 in 2023).
- The organization's net assets have significantly declined from $863,711 in 2015 to $155,440 in 2023, indicating a concerning financial trend.
Strengths
The following positive indicators were identified for Electrophysiology Research Fdn:
- Despite financial challenges, the organization has maintained operations for over a decade, demonstrating resilience.
- The organization has consistently reported 0% lobbying expenses, indicating a focus on its core mission rather than political influence.
Frequently Asked Questions about Electrophysiology Research Fdn
Is Electrophysiology Research Fdn a legitimate charity?
Electrophysiology Research Fdn (EIN: 222415051) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $205K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Electrophysiology Research Fdn spend its money?
Electrophysiology Research Fdn directs 50% of its spending to programs and services. Fundraising costs 10%. This falls below the 65% benchmark.
Are donations to Electrophysiology Research Fdn tax-deductible?
Electrophysiology Research Fdn is registered as a tax-exempt nonprofit (EIN: 222415051). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Electrophysiology Research Fdn's spending goes to programs?
Electrophysiology Research Fdn directs 50% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Electrophysiology Research Fdn located?
Electrophysiology Research Fdn is headquartered in Green Brook, New Jersey and files with the IRS under EIN 222415051.
How many years of IRS 990 filings does Electrophysiology Research Fdn have?
Electrophysiology Research Fdn has 10 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 $205K in total revenue.
What does Electrophysiology Research Fdn do?
Electrophysiology Research Fdn is a nonprofit organization in the Unknown sector, located in Green Brook, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Electrophysiology Research Fdn have?
Electrophysiology Research Fdn reported total revenue of $205,328. Based on 10 IRS 990 filings on record.
What are Electrophysiology Research Fdn's total assets?
Electrophysiology Research Fdn holds total assets of $153,539 as reported in IRS 990 filings.
Where is Electrophysiology Research Fdn located?
Electrophysiology Research Fdn is based in Green Brook, New Jersey.
What is Electrophysiology Research Fdn's EIN?
Electrophysiology Research Fdn's Employer Identification Number (EIN) is 222415051. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Electrophysiology Research Fdn?
Electrophysiology Research Fdn is classified under NTEE code Unknown (Unknown).
Is Electrophysiology Research Fdn a registered 501(c)(3)?
Electrophysiology Research Fdn appears in IRS records (EIN: 222415051). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Electrophysiology Research Fdn file IRS Form 990?
Yes, Electrophysiology Research Fdn has 10 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Electrophysiology Research Fdn's revenue in 2023?
In the 202308 filing period, Electrophysiology Research Fdn reported total revenue of $174,085, total expenses of $209,846, and net assets of $155,440.
Is Electrophysiology Research Fdn's revenue growing or declining?
Electrophysiology Research Fdn's revenue is growing. Revenue went from $114,639 (202208) to $174,085 (202308), a +51.9% change. Based on 10 filings on record.
What is Electrophysiology Research Fdn's most recent 990 filing?
The most recent IRS Form 990 filing for Electrophysiology Research Fdn covers tax period 202308. It shows revenue of $174,085, expenses of $209,846, total assets of $155,440, and liabilities of $10,037.
How much does Electrophysiology Research Fdn spend on programs vs administration?
Based on IRS 990 analysis, Electrophysiology Research Fdn allocates approximately 50% of expenses to program services, 40% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Electrophysiology Research Fdn a trustworthy charity?
Based on AI analysis of IRS 990 data, Electrophysiology Research Fdn shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Electrophysiology Research Fdn?
The following concerns were identified: Highly volatile revenue, ranging from $1,006,209 in 2015 to $3,017 in 2020, suggests an unstable funding model.. Total expenses frequently exceed revenue, leading to a consistent decrease in assets over several years (e.g., assets decreased from $334,380 in 2021 to $155,440 in 2023).. The organization's net assets have significantly declined from $863,711 in 2015 to $155,440 in 2023, indicating a concerning financial trend.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Electrophysiology Research Fdn's strengths?
Positive indicators for Electrophysiology Research Fdn include: Despite financial challenges, the organization has maintained operations for over a decade, demonstrating resilience.. The organization has consistently reported 0% lobbying expenses, indicating a focus on its core mission rather than political influence.. These findings are derived from AI analysis of the organization's financial filings.
How does Electrophysiology Research Fdn compensate executives?
Executive compensation cannot be assessed as specific figures for individual salaries are not provided in the given data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is the primary driver behind the extreme fluctuations in revenue, and what strategies are in place to stabilize funding?
The provided data does not offer insights into the specific causes of revenue volatility. Without further information on funding sources (e.g., grants, donations, events), it's impossible to determine the primary drivers or assess stabilization strategies.
Given the consistent decline in assets, what measures are being taken to improve financial sustainability and prevent further erosion of reserves?
The data indicates a significant decline in assets. To address this, the organization would need to either substantially increase revenue generation or implement significant cost-cutting measures. Without detailed financial statements, specific measures cannot be identified.
Filing History
IRS 990 filing history for Electrophysiology Research Fdn showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Electrophysiology Research Fdn's revenue has declined by 50.9%, moving from $355K to $174K. Total assets decreased by 71.9% over the same period, from $554K to $155K. Total functional expenses fell by 65.6%, from $609K to $210K. In its most recent filing year (2023), Electrophysiology Research Fdn reported a deficit of $36K, with expenses exceeding revenue. The organization holds $10K in liabilities against $155K in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $145K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $174K | $210K | $155K | $10K | — | — |
| 2022 | $115K | $267K | $191K | $10K | — | View 990 |
| 2021 | $422K | $210K | $334K | $501 | — | View 990 |
| 2020 | $3K | $184K | $122K | $1 | — | View 990 |
| 2019 | $11K | $378K | $303K | $1 | — | View 990 |
| 2015 | $1.0M | $273K | $864K | $1 | — | View 990 |
| 2014 | $219K | $365K | $154K | $23K | — | View 990 |
| 2013 | $320K | $371K | $276K | $0 | — | View 990 |
| 2012 | $129K | $356K | $327K | $0 | — | View 990 |
| 2011 | $355K | $609K | $554K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $174K, expenses of $210K, and assets of $155K (revenue +51.9% year-over-year).
- 2022: Revenue of $115K, expenses of $267K, and assets of $191K (revenue -72.8% year-over-year).
- 2021: Revenue of $422K, expenses of $210K, and assets of $334K (revenue +13881.1% year-over-year).
- 2020: Revenue of $3K, expenses of $184K, and assets of $122K (revenue -73.3% year-over-year).
- 2019: Revenue of $11K, expenses of $378K, and assets of $303K (revenue -98.9% year-over-year).
- 2015: Revenue of $1.0M, expenses of $273K, and assets of $864K (revenue +358.8% year-over-year).
- 2014: Revenue of $219K, expenses of $365K, and assets of $154K (revenue -31.4% year-over-year).
- 2013: Revenue of $320K, expenses of $371K, and assets of $276K (revenue +147.1% year-over-year).
- 2012: Revenue of $129K, expenses of $356K, and assets of $327K (revenue -63.5% year-over-year).
- 2011: Revenue of $355K, expenses of $609K, and assets of $554K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Electrophysiology Research Fdn:
Data Sources and Methodology
This transparency report for Electrophysiology Research Fdn 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.