Illinois Science And Technology Institute
EIN: 454092094 · Chicago, IL · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $747K |
| Total Expenses | $798K |
| Net Assets | $401K |
Is Illinois Science And Technology Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Illinois Science And Technology Institute
Illinois Science And Technology Institute (EIN: 454092094) is a nonprofit organization based in Chicago, IL, classified under NTEE code P20. The organization reported total revenue of $747K and total assets of $393K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Illinois Science And Technology Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Illinois Science And Technology Institute is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 16.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $657K |
| Total Expenses | $798K |
| Surplus / Deficit | $-141,853 |
| Total Assets | $732K |
| Total Liabilities | $331K |
| Net Assets | $401K |
| Operating Margin | -21.6% |
| Debt-to-Asset Ratio | 45.3% |
| Months of Reserves | 11.0 months |
Financial Health Grade: B
In 2023, Illinois Science And Technology Institute reported a deficit of $142K with expenses exceeding revenue, holds 11.0 months of operating reserves (strong position), has a debt-to-asset ratio of 45.3% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Illinois Science And Technology Institute's revenue has grown at a compound annual growth rate (CAGR) of 16.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -76.0% | -67.7% | -23.3% |
| 2022 | +413.0% | +352.7% | -2.9% |
| 2021 | -49.9% | -27.0% | +20.4% |
| 2020 | +10.6% | -13.3% | +15.2% |
| 2019 | +29.2% | +14.1% | -21.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Illinois Science And Technology Institute 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 Illinois Science And Technology Institute 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 deficit of $142K, with expenses exceeding revenue.
- Debt-to-asset ratio: 45.3%.
Frequently Asked Questions about Illinois Science And Technology Institute
Is Illinois Science And Technology Institute a legitimate charity?
Illinois Science And Technology Institute (EIN: 454092094) is a registered tax-exempt nonprofit based in Illinois. It has 12 years of IRS 990 filings on record. Total revenue: $747K. No red flags identified. Financial health grade: B.
How does Illinois Science And Technology Institute spend its money?
Illinois Science And Technology Institute reported $747K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Illinois Science And Technology Institute tax-deductible?
Illinois Science And Technology Institute is registered as a tax-exempt nonprofit (EIN: 454092094). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Illinois Science And Technology Institute located?
Illinois Science And Technology Institute is headquartered in Chicago, Illinois and files with the IRS under EIN 454092094. It is classified under NTEE code P20.
How many years of IRS 990 filings does Illinois Science And Technology Institute have?
Illinois Science And Technology Institute has 12 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 $747K in total revenue.
Filing History
IRS 990 filing history for Illinois Science And Technology Institute showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Illinois Science And Technology Institute's revenue has grown by 458.7%, moving from $118K to $657K. Total assets increased by 225.3% over the same period, from $225K to $732K. In its most recent filing year (2023), Illinois Science And Technology Institute reported a deficit of $142K, with expenses exceeding revenue. The organization holds $331K in liabilities against $732K in assets (debt-to-asset ratio: 45.3%), resulting in net assets of $401K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $657K | $798K | $732K | $331K | — | — |
| 2022 | $2.7M | $2.5M | $954K | $391K | — | View 990 |
| 2021 | $533K | $547K | $983K | $651K | — | View 990 |
| 2020 | $1.1M | $749K | $816K | $297K | — | View 990 |
| 2019 | $961K | $863K | $708K | $504K | — | View 990 |
| 2018 | $744K | $757K | $899K | $793K | — | View 990 |
| 2017 | $712K | $839K | $467K | $349K | — | View 990 |
| 2016 | $664K | $671K | $641K | $395K | — | View 990 |
| 2015 | $542K | $531K | $699K | $446K | — | View 990 |
| 2014 | $1.1M | $1.1M | $870K | $628K | — | View 990 |
| 2013 | $502K | $396K | $835K | $611K | — | View 990 |
| 2012 | $118K | $0 | $225K | $108K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $657K, expenses of $798K, and assets of $732K (revenue -76.0% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.5M, and assets of $954K (revenue +413.0% year-over-year).
- 2021: Revenue of $533K, expenses of $547K, and assets of $983K (revenue -49.9% year-over-year).
- 2020: Revenue of $1.1M, expenses of $749K, and assets of $816K (revenue +10.6% year-over-year).
- 2019: Revenue of $961K, expenses of $863K, and assets of $708K (revenue +29.2% year-over-year).
- 2018: Revenue of $744K, expenses of $757K, and assets of $899K (revenue +4.5% year-over-year).
- 2017: Revenue of $712K, expenses of $839K, and assets of $467K (revenue +7.2% year-over-year).
- 2016: Revenue of $664K, expenses of $671K, and assets of $641K (revenue +22.6% year-over-year).
- 2015: Revenue of $542K, expenses of $531K, and assets of $699K (revenue -51.1% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $870K (revenue +120.5% year-over-year).
- 2013: Revenue of $502K, expenses of $396K, and assets of $835K (revenue +327.4% year-over-year).
- 2012: Revenue of $118K, expenses of $0, and assets of $225K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Illinois Science And Technology Institute:
Data Sources and Methodology
This transparency report for Illinois Science And Technology Institute 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.