Imr Support Foundation
Imr Support Foundation shows volatile revenue and declining assets, but reports no officer compensation.
EIN: 205662523 · Charlottesvle, VA · NTEE: B112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $672K |
| Total Expenses | $292K |
| Program Spending | 75% |
| Net Assets | $2.9M |
| Transparency Score | 65/100 |
Is Imr Support Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Imr Support Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Imr Support Foundation
Imr Support Foundation (EIN: 205662523) is a nonprofit organization based in Charlottesvle, VA, classified under NTEE code B112. The organization reported total revenue of $672K and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Imr Support Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Imr Support Foundation is a small nonprofit that has been operating for 19 years, with 12 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 | $353K |
| Total Expenses | $292K |
| Surplus / Deficit | +$61K |
| Total Assets | $4.8M |
| Total Liabilities | $1.9M |
| Net Assets | $2.9M |
| Operating Margin | 17.1% |
| Debt-to-Asset Ratio | 39.4% |
| Months of Reserves | 195.9 months |
Financial Health Grade: A
In 2023, Imr Support Foundation reported a surplus of $61K with revenue exceeding expenses, holds 195.9 months of operating reserves (strong position), has a debt-to-asset ratio of 39.4% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Imr Support Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +402.5% | -67.1% | -0.1% |
| 2022 | -0.2% | +221.0% | -21.5% |
| 2021 | -89.4% | -54.2% | +18.4% |
| 2020 | +31.6% | -6.8% | -5.9% |
| 2019 | -78.0% | -74.6% | -16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Imr Support Foundation 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Imr Support Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $61K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly commendable and indicates that no salaries are paid to officers, suggesting a volunteer-led or externally funded leadership structure relative to the organization's size and revenue.
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 Imr Support Foundation's IRS 990 filings:
- Highly volatile revenue, making financial planning difficult (e.g., $2.3M in 2018 vs. $70K in 2022).
- Expenses frequently exceed revenue, indicating reliance on reserves or other funding (e.g., 2022: $888K expenses vs. $70K revenue).
- Significant decline in total assets over the past several years (from $8.8M in 2016 to $4.9M currently).
- Consistent high liabilities relative to revenue, requiring further investigation into their nature.
Strengths
The following positive indicators were identified for Imr Support Foundation:
- Consistent reporting of 0% officer compensation, indicating strong transparency and efficient use of funds at the executive level.
- Maintains a substantial asset base ($4,955,279), providing some financial cushion despite revenue volatility.
- Long filing history (12 filings) suggests consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Imr Support Foundation
Is Imr Support Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Imr Support Foundation (EIN: 205662523) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Imr Support Foundation spend its money?
Imr Support Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Imr Support Foundation tax-deductible?
Imr Support Foundation is registered as a tax-exempt nonprofit (EIN: 205662523). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Imr Support Foundation's spending goes to programs?
Imr Support Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Imr Support Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Imr Support Foundation is above average for NTEE category B112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Imr Support Foundation located?
Imr Support Foundation is headquartered in Charlottesvle, Virginia and files with the IRS under EIN 205662523. It is classified under NTEE code B112.
How many years of IRS 990 filings does Imr Support Foundation have?
Imr Support Foundation 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 $672K in total revenue.
Is Imr Support Foundation a good charity?
The organization demonstrates strong transparency regarding executive compensation (0% reported). However, its highly volatile revenue and periods of significant expense exceeding revenue raise questions about financial stability and consistent program delivery. A deeper dive into program effectiveness and detailed expense breakdowns would be needed for a definitive answer.
Why is the revenue so inconsistent?
Revenue has fluctuated dramatically, from a high of $2,300,462 in 2018 to a low of $70,229 in 2022. This inconsistency could be due to reliance on large, infrequent grants, specific project funding, or changes in fundraising capacity. Understanding the source of revenue would clarify this trend.
How does the organization cover expenses when revenue is low?
In years like 2022, when revenue was $70,229 and expenses were $888,324, the organization likely covered the deficit by drawing from its substantial asset base, which was $4,778,583 that year, or through other non-operating income sources not detailed in the summary data.
What is the nature of the organization's liabilities?
The organization consistently reports significant liabilities, such as $1,879,152 in 2023. Without further detail from the full 990 forms, it's unclear if these are program-related payables, long-term debt, or other obligations. Understanding these liabilities is crucial for assessing financial risk.
Has the organization's asset base been declining?
Yes, the organization's assets have shown a general decline from a peak of $8,801,550 in 2016 to $4,955,279 in the latest filing. This trend, coupled with periods of expenses exceeding revenue, suggests a potential draw-down on reserves.
Filing History
IRS 990 filing history for Imr Support Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Imr Support Foundation's revenue has declined by 41.4%, moving from $602K to $353K. Total assets decreased by 35.9% over the same period, from $7.5M to $4.8M. Total functional expenses fell by 38.5%, from $475K to $292K. In its most recent filing year (2023), Imr Support Foundation reported a surplus of $61K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $4.8M in assets (debt-to-asset ratio: 39.4%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $353K | $292K | $4.8M | $1.9M | — | View 990 |
| 2022 | $70K | $888K | $4.8M | $1.9M | — | View 990 |
| 2021 | $70K | $277K | $6.1M | $2.4M | — | View 990 |
| 2020 | $667K | $604K | $5.1M | $1.3M | — | View 990 |
| 2019 | $507K | $648K | $5.5M | $1.7M | — | View 990 |
| 2018 | $2.3M | $2.6M | $6.5M | $2.6M | — | View 990 |
| 2017 | $1.5M | $1.9M | $8.0M | $3.9M | — | View 990 |
| 2016 | $1.7M | $2.1M | $8.8M | $4.3M | — | View 990 |
| 2014 | $1.4M | $1.6M | $8.1M | $3.1M | — | View 990 |
| 2013 | $855K | $809K | $7.4M | $2.1M | — | View 990 |
| 2012 | $176K | $919K | $7.0M | $1.8M | — | View 990 |
| 2011 | $602K | $475K | $7.5M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $353K, expenses of $292K, and assets of $4.8M (revenue +402.5% year-over-year).
- 2022: Revenue of $70K, expenses of $888K, and assets of $4.8M (revenue -0.2% year-over-year).
- 2021: Revenue of $70K, expenses of $277K, and assets of $6.1M (revenue -89.4% year-over-year).
- 2020: Revenue of $667K, expenses of $604K, and assets of $5.1M (revenue +31.6% year-over-year).
- 2019: Revenue of $507K, expenses of $648K, and assets of $5.5M (revenue -78.0% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.6M, and assets of $6.5M (revenue +58.1% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.9M, and assets of $8.0M (revenue -16.1% year-over-year).
- 2016: Revenue of $1.7M, expenses of $2.1M, and assets of $8.8M (revenue +24.6% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.6M, and assets of $8.1M (revenue +62.7% year-over-year).
- 2013: Revenue of $855K, expenses of $809K, and assets of $7.4M (revenue +385.1% year-over-year).
- 2012: Revenue of $176K, expenses of $919K, and assets of $7.0M (revenue -70.7% year-over-year).
- 2011: Revenue of $602K, expenses of $475K, and assets of $7.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Imr Support Foundation:
Data Sources and Methodology
This transparency report for Imr Support Foundation 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.