Imaging Educational And Research Corporation
Imaging Educational And Research Corporation maintains strong assets and zero liabilities with volunteer leadership.
EIN: 20369092 · Etna, NH · NTEE: U99B · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $277K |
| Total Expenses | $30K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1,215,191 |
| Net Assets | $1.2M |
| Transparency Score | 90/100 |
Is Imaging Educational And Research Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Imaging Educational And Research Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Imaging Educational And Research Corporation
Imaging Educational And Research Corporation (EIN: 20369092) is a nonprofit organization based in Etna, NH, classified under NTEE code U99B. The organization reported total revenue of $277K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Imaging Educational And Research Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Imaging Educational And Research Corporation is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $30K |
| Surplus / Deficit | $-4,936 |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | -19.3% |
| Months of Reserves | 456.4 months |
Financial Health Grade: B
In 2023, Imaging Educational And Research Corporation reported a deficit of $5K with expenses exceeding revenue, holds 456.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Imaging Educational And Research Corporation's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.7% | +111.2% | +8.4% |
| 2022 | -89.8% | -17.0% | -12.4% |
| 2021 | +26.7% | +70.9% | +8.3% |
| 2020 | +62.3% | -61.6% | +9.8% |
| 2019 | -15.2% | -34.7% | +17.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Imaging Educational And Research Corporation with a Mission Score of 90 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Imaging Educational And Research Corporation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $5K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, indicating a volunteer-led structure, which is highly commendable for a nonprofit of its asset size ($1,215,191).
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 Imaging Educational And Research Corporation's IRS 990 filings:
- NTEE code U99B (Unknown, Unclassified) lacks specificity for mission clarity.
Strengths
The following positive indicators were identified for Imaging Educational And Research Corporation:
- Consistent zero liabilities across all reported periods.
- Substantial and growing asset base ($1,215,191).
- Consistently low expenses relative to revenue and assets.
- 0% officer compensation, indicating volunteer leadership.
- Long history of IRS 990 filings (13 filings) demonstrating transparency.
Frequently Asked Questions about Imaging Educational And Research Corporation
Is Imaging Educational And Research Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Imaging Educational And Research Corporation (EIN: 20369092) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Imaging Educational And Research Corporation spend its money?
Imaging Educational And Research Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Imaging Educational And Research Corporation tax-deductible?
Imaging Educational And Research Corporation is registered as a tax-exempt nonprofit (EIN: 20369092). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Imaging Educational And Research Corporation CEO make?
Imaging Educational And Research Corporation's highest-compensated officer earns $1,215,191 annually. The organization reported $277K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Imaging Educational And Research Corporation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Imaging Educational And Research Corporation is above average for NTEE category U99B nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Imaging Educational And Research Corporation located?
Imaging Educational And Research Corporation is headquartered in Etna, New Hampshire and files with the IRS under EIN 20369092. It is classified under NTEE code U99B.
How many years of IRS 990 filings does Imaging Educational And Research Corporation have?
Imaging Educational And Research Corporation 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 $277K in total revenue.
Is Imaging Educational And Research Corporation a good charity?
Based on the financial data, Imaging Educational And Research Corporation appears to be a very good charity. It has strong financial health with over $1.2 million in assets and zero liabilities, consistently low expenses, and a volunteer leadership with no reported officer compensation.
How does the organization manage its expenses?
The organization manages its expenses very efficiently, with expenses consistently low relative to its revenue and asset base. For instance, in 2022, expenses were only $14,421 against $17,050 in revenue, and in 2021, expenses were $17,384 against $166,809 in revenue.
What is the organization's financial stability?
Imaging Educational And Research Corporation demonstrates excellent financial stability, evidenced by its substantial assets of $1,215,191 and a consistent record of zero liabilities across all 13 reported periods.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation in all its IRS 990 filings, indicating that its leadership is entirely volunteer-based.
Filing History
IRS 990 filing history for Imaging Educational And Research Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Imaging Educational And Research Corporation's revenue has declined by 13.8%, moving from $30K to $26K. Total assets increased by 84.6% over the same period, from $628K to $1.2M. Total functional expenses rose by 10.1%, from $28K to $30K. In its most recent filing year (2023), Imaging Educational And Research Corporation reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $30K | $1.2M | $0 | — | — |
| 2022 | $17K | $14K | $1.1M | $0 | — | View 990 |
| 2021 | $167K | $17K | $1.2M | $0 | — | View 990 |
| 2020 | $132K | $10K | $1.1M | $0 | — | — |
| 2019 | $81K | $27K | $1.0M | $0 | — | View 990 |
| 2018 | $96K | $41K | $872K | $0 | — | View 990 |
| 2017 | $63K | $29K | $962K | $0 | — | View 990 |
| 2016 | $45K | $32K | $843K | $0 | — | View 990 |
| 2015 | $66K | $20K | $803K | $0 | — | View 990 |
| 2014 | $57K | $27K | $858K | $0 | — | View 990 |
| 2013 | $37K | $19K | $820K | $0 | — | View 990 |
| 2012 | $47K | $25K | $701K | $0 | — | View 990 |
| 2011 | $30K | $28K | $628K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26K, expenses of $30K, and assets of $1.2M (revenue +49.7% year-over-year).
- 2022: Revenue of $17K, expenses of $14K, and assets of $1.1M (revenue -89.8% year-over-year).
- 2021: Revenue of $167K, expenses of $17K, and assets of $1.2M (revenue +26.7% year-over-year).
- 2020: Revenue of $132K, expenses of $10K, and assets of $1.1M (revenue +62.3% year-over-year).
- 2019: Revenue of $81K, expenses of $27K, and assets of $1.0M (revenue -15.2% year-over-year).
- 2018: Revenue of $96K, expenses of $41K, and assets of $872K (revenue +52.4% year-over-year).
- 2017: Revenue of $63K, expenses of $29K, and assets of $962K (revenue +39.5% year-over-year).
- 2016: Revenue of $45K, expenses of $32K, and assets of $843K (revenue -31.4% year-over-year).
- 2015: Revenue of $66K, expenses of $20K, and assets of $803K (revenue +15.3% year-over-year).
- 2014: Revenue of $57K, expenses of $27K, and assets of $858K (revenue +54.4% year-over-year).
- 2013: Revenue of $37K, expenses of $19K, and assets of $820K (revenue -20.8% year-over-year).
- 2012: Revenue of $47K, expenses of $25K, and assets of $701K (revenue +57.1% year-over-year).
- 2011: Revenue of $30K, expenses of $28K, and assets of $628K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Imaging Educational And Research Corporation:
Data Sources and Methodology
This transparency report for Imaging Educational And Research Corporation 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.