Iimi Inc
Iimi Inc maintains strong asset base with fluctuating annual revenues and no reported officer compensation.
EIN: 134077817 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $960K |
| Total Expenses | $1.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $31.1M |
| Transparency Score | 85/100 |
Is Iimi Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Iimi Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Iimi Inc
Iimi Inc (EIN: 134077817) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $960K and total assets of $32.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iimi Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iimi Inc is a small nonprofit that has been operating for 26 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$761K |
| Total Assets | $31.1M |
| Total Liabilities | $25K |
| Net Assets | $31.1M |
| Operating Margin | 31.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 223.6 months |
Financial Health Grade: A
In 2023, Iimi Inc reported a surplus of $761K with revenue exceeding expenses, holds 223.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Iimi Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.4% | -20.2% | +2.5% |
| 2022 | -2.9% | -2.7% | -0.8% |
| 2021 | +21.1% | +1021.6% | -0.8% |
| 2020 | -54.5% | -89.1% | +4.9% |
| 2020 | +57.5% | +26.0% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Iimi Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Iimi Inc 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 surplus of $761K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Iimi Inc consistently reports 0% officer compensation across all available filings, indicating either that no officers receive compensation or that it is not a significant expense, which is highly favorable for an organization with over $30 million in assets.
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 Iimi Inc's IRS 990 filings:
- Periods of deficit spending (e.g., 2021 and 2022 where expenses exceeded revenue)
Strengths
The following positive indicators were identified for Iimi Inc:
- Strong and growing asset base, reaching $31.1 million in 2023
- Consistent reporting of 0% officer compensation, indicating high transparency or low executive pay
- Positive net income in the most recent filing (2023), with revenue of $2,430,099 exceeding expenses of $1,669,310
- Relatively low and stable liabilities over time
Frequently Asked Questions about Iimi Inc
Is Iimi Inc a legitimate charity?
Iimi Inc (EIN: 134077817) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $960K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Iimi Inc spend its money?
Iimi Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Iimi Inc tax-deductible?
Iimi Inc is registered as a tax-exempt nonprofit (EIN: 134077817). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Iimi Inc CEO make?
Iimi Inc's highest-compensated officer earns $30 annually. The organization reported $960K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Iimi Inc's spending goes to programs?
Iimi Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Iimi Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Iimi Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Iimi Inc located?
Iimi Inc is headquartered in New York, New York and files with the IRS under EIN 134077817. It is classified under NTEE code T20.
How many years of IRS 990 filings does Iimi Inc have?
Iimi Inc has 11 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 $960K in total revenue.
What are the specific program activities Iimi Inc funds or conducts?
The provided data, specifically the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), indicates Iimi Inc is likely involved in grantmaking or supporting other non-profits, rather than direct service provision. Further details on specific programs would require reviewing the full IRS 990 form.
How does Iimi Inc manage its significant asset base?
With assets consistently above $20 million, reaching $31.1 million in 2023, Iimi Inc likely manages a substantial endowment or investment portfolio. The growth in assets over time suggests effective investment strategies, but specific details on asset management are not available in this summary.
Why did Iimi Inc experience deficit spending in 2021 and 2022?
In 2021, expenses ($2,149,917) exceeded revenue ($1,890,196), and similarly in 2022, expenses ($2,091,831) were higher than revenue ($1,835,065). This could be due to strategic investments, timing of grant disbursements, or temporary revenue dips. The organization recovered with a surplus in 2023.
Filing History
IRS 990 filing history for Iimi Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Iimi Inc's revenue has grown by 68.6%, moving from $1.4M to $2.4M. Total assets increased by 54% over the same period, from $20.2M to $31.1M. Total functional expenses rose by 42.1%, from $1.2M to $1.7M. In its most recent filing year (2023), Iimi Inc reported a surplus of $761K, with revenue exceeding expenses. The organization holds $25K in liabilities against $31.1M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $31.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $1.7M | $31.1M | $25K | — | View 990 |
| 2022 | $1.8M | $2.1M | $30.3M | $25K | — | View 990 |
| 2021 | $1.9M | $2.1M | $30.6M | $25K | — | View 990 |
| 2020 | $1.6M | $192K | $30.9M | $25K | — | View 990 |
| 2020 | $3.4M | $1.8M | $29.4M | $288 | — | View 990 |
| 2019 | $2.2M | $1.4M | $27.8M | $263 | — | View 990 |
| 2015 | $2.4M | $1.5M | $22.9M | $0 | — | View 990 |
| 2014 | $1.6M | $1.3M | $21.9M | $0 | — | View 990 |
| 2013 | $1.8M | $1.2M | $21.6M | $0 | — | View 990 |
| 2012 | $2.3M | $1.3M | $21.0M | $0 | — | View 990 |
| 2011 | $1.4M | $1.2M | $20.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $1.7M, and assets of $31.1M (revenue +32.4% year-over-year).
- 2022: Revenue of $1.8M, expenses of $2.1M, and assets of $30.3M (revenue -2.9% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.1M, and assets of $30.6M (revenue +21.1% year-over-year).
- 2020: Revenue of $1.6M, expenses of $192K, and assets of $30.9M (revenue -54.5% year-over-year).
- 2020: Revenue of $3.4M, expenses of $1.8M, and assets of $29.4M (revenue +57.5% year-over-year).
- 2019: Revenue of $2.2M, expenses of $1.4M, and assets of $27.8M (revenue -10.1% year-over-year).
- 2015: Revenue of $2.4M, expenses of $1.5M, and assets of $22.9M (revenue +56.3% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.3M, and assets of $21.9M (revenue -14.3% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.2M, and assets of $21.6M (revenue -20.9% year-over-year).
- 2012: Revenue of $2.3M, expenses of $1.3M, and assets of $21.0M (revenue +58.8% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.2M, and assets of $20.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iimi Inc:
Data Sources and Methodology
This transparency report for Iimi 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.