Institute For Advanced Learning And Research Foundation
Institute For Advanced Learning And Research Foundation shows strong asset growth and zero executive compensation.
EIN: 205584089 · Danville, VA · NTEE: S11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $421K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $10,882,630 |
| Net Assets | $10.7M |
| Transparency Score | 90/100 |
Is Institute For Advanced Learning And Research Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Institute For Advanced Learning And Research Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Institute For Advanced Learning And Research Foundation
Institute For Advanced Learning And Research Foundation (EIN: 205584089) is a nonprofit organization based in Danville, VA, classified under NTEE code S11. The organization reported total revenue of $2.2M and total assets of $11.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute For Advanced Learning And Research Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute For Advanced Learning And Research Foundation is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $421K |
| Surplus / Deficit | +$2.2M |
| Total Assets | $10.9M |
| Total Liabilities | $157K |
| Net Assets | $10.7M |
| Operating Margin | 84.0% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 309.9 months |
Financial Health Grade: A
In 2024, Institute For Advanced Learning And Research Foundation reported a surplus of $2.2M with revenue exceeding expenses, holds 309.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Institute For Advanced Learning And Research Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +314.7% | -35.8% | +29.4% |
| 2023 | -18.2% | -25.0% | +1.4% |
| 2022 | +86.8% | +42.3% | -3.4% |
| 2021 | -75.4% | +261.9% | +1.7% |
| 2020 | -45.9% | +157.8% | +18.5% |
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 Institute For Advanced Learning And Research Foundation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Institute For Advanced Learning And Research Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this asset size ($10,882,630) and suggests a volunteer-led or externally funded leadership structure.
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 Institute For Advanced Learning And Research Foundation's IRS 990 filings:
- Highly volatile revenue streams in past periods, including negative revenue, could indicate reliance on unpredictable funding or significant investment losses in those specific years.
- The consistent 0% officer compensation is unusual for an organization of this size and could imply that key leadership is compensated through a related entity or is entirely volunteer, which might not be sustainable long-term without clear disclosure.
Strengths
The following positive indicators were identified for Institute For Advanced Learning And Research Foundation:
- Consistent asset growth, reaching $10,882,630 in 202406, indicates strong financial management and accumulation of resources.
- Zero officer compensation reported across all filings demonstrates a strong commitment to directing funds towards the mission.
- Very low expense ratio relative to revenue in the most recent filing (202406), with expenses of $421,405 against $2,628,084 revenue, suggests high operational efficiency.
- Positive net assets and low liabilities ($156,559 in 202406) indicate a healthy balance sheet.
Frequently Asked Questions about Institute For Advanced Learning And Research Foundation
Is Institute For Advanced Learning And Research Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute For Advanced Learning And Research Foundation (EIN: 205584089) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Institute For Advanced Learning And Research Foundation spend its money?
Institute For Advanced Learning And Research Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Institute For Advanced Learning And Research Foundation tax-deductible?
Institute For Advanced Learning And Research Foundation is registered as a tax-exempt nonprofit (EIN: 205584089). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Institute For Advanced Learning And Research Foundation CEO make?
Institute For Advanced Learning And Research Foundation's highest-compensated officer earns $10,882,630 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Institute For Advanced Learning And Research Foundation's spending goes to programs?
Institute For Advanced Learning And Research Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Institute For Advanced Learning And Research Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Institute For Advanced Learning And Research Foundation is above average for NTEE category S11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Institute For Advanced Learning And Research Foundation located?
Institute For Advanced Learning And Research Foundation is headquartered in Danville, Virginia and files with the IRS under EIN 205584089. It is classified under NTEE code S11.
How many years of IRS 990 filings does Institute For Advanced Learning And Research Foundation have?
Institute For Advanced Learning And Research Foundation 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 $2.2M in total revenue.
Is the Institute For Advanced Learning And Research Foundation financially stable?
Yes, the foundation appears financially stable, with assets consistently growing to $10,882,630 in 202406 and a positive net position in most recent years, despite revenue fluctuations.
How does the organization manage its expenses?
The organization demonstrates strong expense management, with expenses often significantly lower than revenue, particularly in 202406 where expenses were $421,405 against $2,628,084 in revenue.
What is the trend in the organization's revenue?
Revenue has been highly variable, ranging from negative figures in 201506 and 201806 to over $3 million in 201906 and $2.6 million in 202406, suggesting a project-based or grant-dependent funding model.
Filing History
IRS 990 filing history for Institute For Advanced Learning And Research Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Institute For Advanced Learning And Research Foundation's revenue has grown by 149.2%, moving from $1.1M to $2.6M. Total assets increased by 865.2% over the same period, from $1.1M to $10.9M. Total functional expenses fell by 18.4%, from $516K to $421K. In its most recent filing year (2024), Institute For Advanced Learning And Research Foundation reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $157K in liabilities against $10.9M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $10.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.6M | $421K | $10.9M | $157K | — | View 990 |
| 2023 | $634K | $657K | $8.4M | $194K | — | View 990 |
| 2022 | $775K | $875K | $8.3M | $207K | — | View 990 |
| 2021 | $415K | $615K | $8.6M | $30K | — | View 990 |
| 2020 | $1.7M | $170K | $8.4M | $54K | — | View 990 |
| 2019 | $3.1M | $66K | $7.1M | $328K | — | View 990 |
| 2018 | $-3,915 | $173K | $4.8M | $1.1M | — | View 990 |
| 2017 | $1.5M | $858K | $5.2M | $1.5M | — | View 990 |
| 2016 | $390K | $139K | $5.0M | $2.1M | — | View 990 |
| 2015 | $-479,767 | $598K | $1.8M | $147K | — | View 990 |
| 2014 | $1.1M | $182K | $2.8M | $100 | — | View 990 |
| 2013 | $1.3M | $541K | $2.0M | $138K | — | View 990 |
| 2012 | $1.1M | $516K | $1.1M | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.6M, expenses of $421K, and assets of $10.9M (revenue +314.7% year-over-year).
- 2023: Revenue of $634K, expenses of $657K, and assets of $8.4M (revenue -18.2% year-over-year).
- 2022: Revenue of $775K, expenses of $875K, and assets of $8.3M (revenue +86.8% year-over-year).
- 2021: Revenue of $415K, expenses of $615K, and assets of $8.6M (revenue -75.4% year-over-year).
- 2020: Revenue of $1.7M, expenses of $170K, and assets of $8.4M (revenue -45.9% year-over-year).
- 2019: Revenue of $3.1M, expenses of $66K, and assets of $7.1M.
- 2018: Revenue of $-3,915, expenses of $173K, and assets of $4.8M (revenue -100.3% year-over-year).
- 2017: Revenue of $1.5M, expenses of $858K, and assets of $5.2M (revenue +286.1% year-over-year).
- 2016: Revenue of $390K, expenses of $139K, and assets of $5.0M.
- 2015: Revenue of $-479,767, expenses of $598K, and assets of $1.8M (revenue -144.9% year-over-year).
- 2014: Revenue of $1.1M, expenses of $182K, and assets of $2.8M (revenue -20.4% year-over-year).
- 2013: Revenue of $1.3M, expenses of $541K, and assets of $2.0M (revenue +27.2% year-over-year).
- 2012: Revenue of $1.1M, expenses of $516K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute For Advanced Learning And Research Foundation:
Data Sources and Methodology
This transparency report for Institute For Advanced Learning And Research 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.