Global Innovation Management Institute Incorporated
EIN: 383940964 · Cambridge, MA · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $766K |
| Total Expenses | $543K |
| Net Assets | $103K |
Is Global Innovation Management Institute Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Global Innovation Management Institute Incorporated
Global Innovation Management Institute Incorporated (EIN: 383940964) is a nonprofit organization based in Cambridge, MA, classified under NTEE code S41. The organization reported total revenue of $766K and total assets of $452K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Innovation Management Institute Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Innovation Management Institute Incorporated is a small nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $568K |
| Total Expenses | $543K |
| Surplus / Deficit | +$24K |
| Total Assets | $229K |
| Total Liabilities | $127K |
| Net Assets | $103K |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 55.3% |
| Months of Reserves | 5.1 months |
Financial Health Grade: A
In 2023, Global Innovation Management Institute Incorporated reported a surplus of $24K with revenue exceeding expenses, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 55.3% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +82.9% | +55.9% | +6.0% |
| 2022 | +12.2% | +62.4% | -16.7% |
| 2021 | +140.4% | -31.5% | +151.0% |
| 2020 | -67.1% | +30.9% | -62.4% |
| 2019 | -9.4% | -9.0% | +73.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Global Innovation Management Institute Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Global Innovation Management Institute Incorporated with a Mission Score of 0 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 55.3%.
Frequently Asked Questions about Global Innovation Management Institute Incorporated
Is Global Innovation Management Institute Incorporated a legitimate charity?
Global Innovation Management Institute Incorporated (EIN: 383940964) is a registered tax-exempt nonprofit based in Massachusetts. It has 10 years of IRS 990 filings on record. Total revenue: $766K. No red flags identified. Financial health grade: A.
How does Global Innovation Management Institute Incorporated spend its money?
Global Innovation Management Institute Incorporated reported $766K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Global Innovation Management Institute Incorporated tax-deductible?
Global Innovation Management Institute Incorporated is registered as a tax-exempt nonprofit (EIN: 383940964). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Global Innovation Management Institute Incorporated located?
Global Innovation Management Institute Incorporated is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 383940964. It is classified under NTEE code S41.
How many years of IRS 990 filings does Global Innovation Management Institute Incorporated have?
Global Innovation Management Institute Incorporated 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 $766K in total revenue.
Filing History
IRS 990 filing history for Global Innovation Management Institute Incorporated showing financial trends over 10 years of public records:
Total assets increased by 4025.8% over the same period, from $6K to $229K. Total functional expenses rose by 3396418.8%, from $16 to $543K. In its most recent filing year (2023), Global Innovation Management Institute Incorporated reported a surplus of $24K, with revenue exceeding expenses. The organization holds $127K in liabilities against $229K in assets (debt-to-asset ratio: 55.3%), resulting in net assets of $103K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $568K | $543K | $229K | $127K | — | View 990 |
| 2022 | $310K | $348K | $216K | $129K | — | View 990 |
| 2021 | $277K | $215K | $260K | $130K | — | View 990 |
| 2020 | $115K | $313K | $103K | $134K | — | View 990 |
| 2019 | $350K | $239K | $275K | $18K | — | — |
| 2018 | $386K | $263K | $159K | $12K | — | View 990 |
| 2017 | $149K | $165K | $22K | $0 | — | View 990 |
| 2016 | $128K | $237K | $22K | $8K | — | View 990 |
| 2015 | $154K | $31K | $128K | $5K | — | View 990 |
| 2014 | $0 | $16 | $6K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $568K, expenses of $543K, and assets of $229K (revenue +82.9% year-over-year).
- 2022: Revenue of $310K, expenses of $348K, and assets of $216K (revenue +12.2% year-over-year).
- 2021: Revenue of $277K, expenses of $215K, and assets of $260K (revenue +140.4% year-over-year).
- 2020: Revenue of $115K, expenses of $313K, and assets of $103K (revenue -67.1% year-over-year).
- 2019: Revenue of $350K, expenses of $239K, and assets of $275K (revenue -9.4% year-over-year).
- 2018: Revenue of $386K, expenses of $263K, and assets of $159K (revenue +158.9% year-over-year).
- 2017: Revenue of $149K, expenses of $165K, and assets of $22K (revenue +16.8% year-over-year).
- 2016: Revenue of $128K, expenses of $237K, and assets of $22K (revenue -17.1% year-over-year).
- 2015: Revenue of $154K, expenses of $31K, and assets of $128K.
- 2014: Revenue of $0, expenses of $16, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Innovation Management Institute Incorporated:
Data Sources and Methodology
This transparency report for Global Innovation Management Institute Incorporated 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.