Institute For Nursing Inc
Institute For Nursing Inc: Stable Revenue, Declining Assets, and High Liabilities
EIN: 222259791 · Ewing, NJ · NTEE: B55Z · Updated: 2026-04-04
About Institute For Nursing Inc
Institute For Nursing Inc (EIN: 222259791) is a nonprofit organization based in Ewing, NJ, classified under NTEE code B55Z. The organization reported total revenue of $754K and total assets of $884K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute For Nursing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Institute For Nursing Inc with a Mission Score of 70 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, Institute For Nursing Inc 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.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is unusual for an organization of this size and may warrant further investigation into how leadership is compensated or if services are provided pro bono.
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 Nursing Inc's IRS 990 filings:
- Consistent 0% reported compensation for all officers, directors, trustees, and key employees across all years, which is highly unusual and may indicate incomplete reporting or an all-volunteer leadership structure not explicitly stated.
- Total liabilities consistently exceed total assets, with liabilities at $1,206,122 and assets at $980,499 in 2024, indicating potential long-term financial instability.
- Assets have shown a declining trend from $1,162,848 in 2017 to $980,499 in 2024, while liabilities have generally increased over the same period.
Strengths
The following positive indicators were identified for Institute For Nursing Inc:
- Revenue has remained relatively stable over the past several years, with $791,973 in 2024 and $763,134 in 2023, suggesting a consistent funding base.
- The organization has a long history of financial reporting, with data available back to 2017, demonstrating a commitment to transparency in financial disclosures.
- Expenses have generally been lower than revenue in recent years (e.g., $840,927 expenses vs. $791,973 revenue in 2024, but $767,246 expenses vs. $763,134 revenue in 2023), indicating a focus on managing costs relative to income.
Frequently Asked Questions about Institute For Nursing Inc
What does Institute For Nursing Inc do?
Institute For Nursing Inc is a nonprofit organization in the Education sector, located in Ewing, New Jersey. It is classified under NTEE code B55Z.
How much revenue does Institute For Nursing Inc have?
Institute For Nursing Inc reported total revenue of $753,706. Based on 14 IRS 990 filings on record.
What are Institute For Nursing Inc's total assets?
Institute For Nursing Inc holds total assets of $884,367 as reported in IRS 990 filings.
Where is Institute For Nursing Inc located?
Institute For Nursing Inc is based in Ewing, New Jersey.
What is Institute For Nursing Inc's EIN?
Institute For Nursing Inc's Employer Identification Number (EIN) is 222259791. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Institute For Nursing Inc?
Institute For Nursing Inc is classified under NTEE code B55Z (Education).
Is Institute For Nursing Inc a registered 501(c)(3)?
Yes, Institute For Nursing Inc is recognized as a tax-exempt organization by the IRS. EIN: 222259791.
Does Institute For Nursing Inc file IRS Form 990?
Yes, Institute For Nursing Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202405.
What was Institute For Nursing Inc's revenue in 2024?
In the 202405 filing period, Institute For Nursing Inc reported total revenue of $791,973, total expenses of $840,927, and net assets of $980,499.
Is Institute For Nursing Inc's revenue growing or declining?
Institute For Nursing Inc's revenue is relatively stable. Revenue went from $763,134 (202305) to $791,973 (202405), a +3.8% change. Based on 14 filings on record.
What is Institute For Nursing Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Institute For Nursing Inc covers tax period 202405. It shows revenue of $791,973, expenses of $840,927, total assets of $980,499, and liabilities of $1,206,122.
How much does Institute For Nursing Inc spend on programs vs administration?
Based on IRS 990 analysis, Institute For Nursing Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Institute For Nursing Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Institute For Nursing Inc appears trustworthy. Mission Score: 70/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Institute For Nursing Inc?
The following concerns were identified: Consistent 0% reported compensation for all officers, directors, trustees, and key employees across all years, which is highly unusual and may indicate incomplete reporting or an all-volunteer leadership structure not explicitly stated.. Total liabilities consistently exceed total assets, with liabilities at $1,206,122 and assets at $980,499 in 2024, indicating potential long-term financial instability.. Assets have shown a declining trend from $1,162,848 in 2017 to $980,499 in 2024, while liabilities have generally increased over the same period.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Institute For Nursing Inc's strengths?
Positive indicators for Institute For Nursing Inc include: Revenue has remained relatively stable over the past several years, with $791,973 in 2024 and $763,134 in 2023, suggesting a consistent funding base.. The organization has a long history of financial reporting, with data available back to 2017, demonstrating a commitment to transparency in financial disclosures.. Expenses have generally been lower than revenue in recent years (e.g., $840,927 expenses vs. $791,973 revenue in 2024, but $767,246 expenses vs. $763,134 revenue in 2023), indicating a focus on managing costs relative to income.. These findings are derived from AI analysis of the organization's financial filings.
How does Institute For Nursing Inc compensate executives?
Executive compensation is reported as $0 across all available filings, which is unusual for an organization of this size and may warrant further investigation into how leadership is compensated or if services are provided pro bono. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for executive compensation, what is the operational model for leadership and how are key personnel incentivized or supported?
The consistent $0 executive compensation suggests either an entirely volunteer-led organization, or that compensation is being reported under a different category or through an affiliated entity not detailed in the provided data. Further investigation into the organizational structure and specific roles would be necessary to understand how leadership functions without reported compensation.
With liabilities consistently exceeding assets, what is the long-term financial strategy to address this imbalance and ensure sustainability?
The persistent negative net assets (e.g., $980,499 assets vs. $1,206,122 liabilities in 2024) indicate a reliance on debt or other obligations. The organization would need a clear strategy to either increase assets, reduce liabilities, or secure stable long-term funding to mitigate financial risk and ensure operational continuity.
Filing History
IRS 990 filing history for Institute For Nursing Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Institute For Nursing Inc's revenue has declined by 9.8%, moving from $878K to $792K. Total assets increased by 5.8% over the same period, from $927K to $980K. Total functional expenses rose by 7%, from $786K to $841K. In its most recent filing year (2024), Institute For Nursing Inc reported a deficit of $49K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $980K in assets (debt-to-asset ratio: 123.0%), resulting in net assets of $-225,623.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $792K | $841K | $980K | $1.2M | — | View 990 |
| 2023 | $763K | $767K | $956K | $1.2M | — | View 990 |
| 2022 | $800K | $759K | $1.0M | $1.3M | — | View 990 |
| 2021 | $792K | $820K | $1.0M | $1.3M | — | View 990 |
| 2020 | $742K | $941K | $824K | $1.2M | — | View 990 |
| 2019 | $1.0M | $1.2M | $840K | $978K | — | View 990 |
| 2018 | $1.0M | $1.2M | $947K | $851K | — | View 990 |
| 2017 | $994K | $874K | $1.2M | $756K | — | View 990 |
| 2016 | $951K | $940K | $1.1M | $805K | — | View 990 |
| 2015 | $875K | $891K | $1.0M | $749K | — | View 990 |
| 2014 | $869K | $796K | $1.0M | $726K | — | View 990 |
| 2013 | $781K | $787K | $946K | $733K | — | View 990 |
| 2012 | $721K | $838K | $961K | $745K | — | View 990 |
| 2011 | $878K | $786K | $927K | $586K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $792K, expenses of $841K, and assets of $980K (revenue +3.8% year-over-year).
- 2023: Revenue of $763K, expenses of $767K, and assets of $956K (revenue -4.6% year-over-year).
- 2022: Revenue of $800K, expenses of $759K, and assets of $1.0M (revenue +0.9% year-over-year).
- 2021: Revenue of $792K, expenses of $820K, and assets of $1.0M (revenue +6.8% year-over-year).
- 2020: Revenue of $742K, expenses of $941K, and assets of $824K (revenue -27.6% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.2M, and assets of $840K (revenue -0.3% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.2M, and assets of $947K (revenue +3.4% year-over-year).
- 2017: Revenue of $994K, expenses of $874K, and assets of $1.2M (revenue +4.5% year-over-year).
- 2016: Revenue of $951K, expenses of $940K, and assets of $1.1M (revenue +8.6% year-over-year).
- 2015: Revenue of $875K, expenses of $891K, and assets of $1.0M (revenue +0.8% year-over-year).
- 2014: Revenue of $869K, expenses of $796K, and assets of $1.0M (revenue +11.2% year-over-year).
- 2013: Revenue of $781K, expenses of $787K, and assets of $946K (revenue +8.4% year-over-year).
- 2012: Revenue of $721K, expenses of $838K, and assets of $961K (revenue -18.0% year-over-year).
- 2011: Revenue of $878K, expenses of $786K, and assets of $927K.
Data Sources and Methodology
This transparency report for Institute For Nursing 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.