Institute For Protein Innovation Inc
EIN: 813250208 · Boston, MA · NTEE: H99
| Metric | Value |
|---|---|
| Total Revenue | $74.2M |
| Total Expenses | $14.6M |
| Net Assets | $197.6M |
Is Institute For Protein Innovation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Institute For Protein Innovation Inc
Institute For Protein Innovation Inc (EIN: 813250208) is a nonprofit organization based in Boston, MA, classified under NTEE code H99. The organization reported total revenue of $74.2M and total assets of $204.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute For Protein Innovation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute For Protein Innovation Inc is a major nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2017–2024). Revenue has grown at a compound annual rate of -10.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $14.6M |
| Surplus / Deficit | $-9,954,439 |
| Total Assets | $201.9M |
| Total Liabilities | $4.3M |
| Net Assets | $197.6M |
| Operating Margin | -214.2% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 165.9 months |
Financial Health Grade: B
In 2024, Institute For Protein Innovation Inc reported a deficit of $10.0M with expenses exceeding revenue, holds 165.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 8 years of filings (2017–2024), Institute For Protein Innovation Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +15.5% | +10.6% | +2.6% |
| 2023 | -22.3% | +20.1% | +3.0% |
| 2022 | -97.4% | +18.1% | -12.8% |
| 2021 | +713.7% | +22.8% | +724.9% |
| 2020 | +1522.1% | +6.8% | +187.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 8000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Institute For Protein Innovation Inc 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 Institute For Protein Innovation Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.1%.
Frequently Asked Questions about Institute For Protein Innovation Inc
Is Institute For Protein Innovation Inc a legitimate charity?
Institute For Protein Innovation Inc (EIN: 813250208) is a registered tax-exempt nonprofit based in Massachusetts. It has 8 years of IRS 990 filings on record. Total revenue: $74.2M. No red flags identified. Financial health grade: B.
How does Institute For Protein Innovation Inc spend its money?
Institute For Protein Innovation Inc reported $74.2M in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Institute For Protein Innovation Inc tax-deductible?
Institute For Protein Innovation Inc is registered as a tax-exempt nonprofit (EIN: 813250208). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Institute For Protein Innovation Inc located?
Institute For Protein Innovation Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 813250208. It is classified under NTEE code H99.
How many years of IRS 990 filings does Institute For Protein Innovation Inc have?
Institute For Protein Innovation Inc has 8 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 $74.2M in total revenue.
Filing History
IRS 990 filing history for Institute For Protein Innovation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2017–2024), Institute For Protein Innovation Inc's revenue has declined by 54%, moving from $10.1M to $4.6M. Total assets increased by 1969.5% over the same period, from $9.8M to $201.9M. Total functional expenses rose by 2643.8%, from $532K to $14.6M. In its most recent filing year (2024), Institute For Protein Innovation Inc reported a deficit of $10.0M, with expenses exceeding revenue. The organization holds $4.3M in liabilities against $201.9M in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $197.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $4.6M | $14.6M | $201.9M | $4.3M | — | View 990 |
| 2023 | $4.0M | $13.2M | $196.8M | $5.6M | — | View 990 |
| 2022 | $5.2M | $11.0M | $191.0M | $1.1M | — | View 990 |
| 2021 | $200.8M | $9.3M | $219.1M | $1.1M | — | View 990 |
| 2020 | $24.7M | $7.6M | $26.6M | $1.0M | — | View 990 |
| 2019 | $1.5M | $7.1M | $9.2M | $783K | — | View 990 |
| 2018 | $8.8M | $3.9M | $15.4M | $1.4M | — | View 990 |
| 2017 | $10.1M | $532K | $9.8M | $192K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $4.6M, expenses of $14.6M, and assets of $201.9M (revenue +15.5% year-over-year).
- 2023: Revenue of $4.0M, expenses of $13.2M, and assets of $196.8M (revenue -22.3% year-over-year).
- 2022: Revenue of $5.2M, expenses of $11.0M, and assets of $191.0M (revenue -97.4% year-over-year).
- 2021: Revenue of $200.8M, expenses of $9.3M, and assets of $219.1M (revenue +713.7% year-over-year).
- 2020: Revenue of $24.7M, expenses of $7.6M, and assets of $26.6M (revenue +1522.1% year-over-year).
- 2019: Revenue of $1.5M, expenses of $7.1M, and assets of $9.2M (revenue -82.6% year-over-year).
- 2018: Revenue of $8.8M, expenses of $3.9M, and assets of $15.4M (revenue -13.3% year-over-year).
- 2017: Revenue of $10.1M, expenses of $532K, and assets of $9.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute For Protein Innovation Inc:
Data Sources and Methodology
This transparency report for Institute For Protein Innovation 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.