Institute Foundation Inc
Institute Foundation Inc consistently operates with revenues generally exceeding expenses and reports no officer compensation.
EIN: 133855108 · New York, NY · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $608K |
| Transparency Score | 85/100 |
Is Institute Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Institute Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Institute Foundation Inc
Institute Foundation Inc (EIN: 133855108) is a nonprofit organization based in New York, NY, classified under NTEE code B60. The organization reported total revenue of $3.0M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute Foundation Inc is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$333K |
| Total Assets | $1.5M |
| Total Liabilities | $892K |
| Net Assets | $608K |
| Operating Margin | 11.0% |
| Debt-to-Asset Ratio | 59.4% |
| Months of Reserves | 6.7 months |
Financial Health Grade: A
In 2023, Institute Foundation Inc reported a surplus of $333K with revenue exceeding expenses, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 59.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Institute Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.8% | +11.0% | +25.4% |
| 2022 | -31.7% | -7.4% | -19.3% |
| 2021 | +33.2% | +10.5% | +25.4% |
| 2020 | -8.4% | +1.6% | -1.0% |
| 2019 | -5.4% | -4.7% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Foundation Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Institute Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $333K, with revenue exceeding expenses.
- Debt-to-asset ratio: 59.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization with annual revenues around $2-3 million and suggests either a fully volunteer executive team or that executive compensation is categorized differently.
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 Foundation Inc's IRS 990 filings:
- Consistent 0% officer compensation, which is unusual for an organization of this size and warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Institute Foundation Inc:
- Consistent revenue generation, with revenues often exceeding expenses (e.g., $3,034,670 revenue vs. $2,701,407 expenses in 2023).
- Growing asset base, increasing from $611,389 in 2015 to $1,500,308 in 2023, indicating financial stability.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
- Manageable liabilities relative to assets, with liabilities of $891,862 against assets of $1,500,308 in 2023.
Frequently Asked Questions about Institute Foundation Inc
Is Institute Foundation Inc a legitimate charity?
Institute Foundation Inc (EIN: 133855108) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.0M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Institute Foundation Inc spend its money?
Institute Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Institute Foundation Inc tax-deductible?
Institute Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133855108). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Institute Foundation Inc CEO make?
Institute Foundation Inc's highest-compensated officer earns $2 annually. The organization reported $3.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Institute Foundation Inc's spending goes to programs?
Institute Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Institute Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Institute Foundation Inc is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Institute Foundation Inc located?
Institute Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133855108. It is classified under NTEE code B60.
How many years of IRS 990 filings does Institute Foundation Inc have?
Institute Foundation Inc 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 $3.0M in total revenue.
Is Institute Foundation Inc a good charity?
Based on the provided data, Institute Foundation Inc appears to be a financially stable organization with consistent revenue streams and a history of operating surpluses. The absence of reported officer compensation is a unique characteristic that could be viewed positively, indicating resources are directed elsewhere, or it may warrant further inquiry into executive structure.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $611,389 in 2015 to $1,500,308 in 2023. While there have been years with expenses exceeding revenue (e.g., 2022, 2020, 2015), the overall trend shows consistent revenue generation and asset accumulation.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly significant. It suggests that the organization's leadership may be entirely volunteer-based, or that compensation for key management personnel is not classified under 'Officer Comp' on the 990, which would require deeper investigation into their financial statements for clarity.
Filing History
IRS 990 filing history for Institute Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Institute Foundation Inc's revenue has grown by 17.8%, moving from $2.6M to $3.0M. Total assets increased by 83.2% over the same period, from $819K to $1.5M. Total functional expenses rose by 15.2%, from $2.3M to $2.7M. In its most recent filing year (2023), Institute Foundation Inc reported a surplus of $333K, with revenue exceeding expenses. The organization holds $892K in liabilities against $1.5M in assets (debt-to-asset ratio: 59.4%), resulting in net assets of $608K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $2.7M | $1.5M | $892K | — | — |
| 2022 | $2.0M | $2.4M | $1.2M | $921K | — | View 990 |
| 2021 | $2.9M | $2.6M | $1.5M | $747K | — | View 990 |
| 2020 | $2.2M | $2.4M | $1.2M | $627K | — | View 990 |
| 2019 | $2.4M | $2.3M | $1.2M | $429K | — | View 990 |
| 2018 | $2.5M | $2.5M | $1.2M | $461K | — | View 990 |
| 2017 | $2.6M | $2.5M | $1.4M | $694K | — | — |
| 2016 | $2.4M | $2.0M | $1.4M | $715K | — | View 990 |
| 2015 | $1.7M | $1.8M | $611K | $306K | — | View 990 |
| 2014 | $2.0M | $2.0M | $828K | $460K | — | View 990 |
| 2013 | $1.9M | $2.2M | $701K | $356K | — | View 990 |
| 2012 | $2.1M | $2.2M | $722K | $165K | — | View 990 |
| 2011 | $2.6M | $2.3M | $819K | $186K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $2.7M, and assets of $1.5M (revenue +53.8% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.4M, and assets of $1.2M (revenue -31.7% year-over-year).
- 2021: Revenue of $2.9M, expenses of $2.6M, and assets of $1.5M (revenue +33.2% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.4M, and assets of $1.2M (revenue -8.4% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.3M, and assets of $1.2M (revenue -5.4% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.5M, and assets of $1.2M (revenue -3.2% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.5M, and assets of $1.4M (revenue +9.6% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.0M, and assets of $1.4M (revenue +36.4% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.8M, and assets of $611K (revenue -14.3% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.0M, and assets of $828K (revenue +4.1% year-over-year).
- 2013: Revenue of $1.9M, expenses of $2.2M, and assets of $701K (revenue -9.5% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.2M, and assets of $722K (revenue -16.8% year-over-year).
- 2011: Revenue of $2.6M, expenses of $2.3M, and assets of $819K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute Foundation Inc:
Data Sources and Methodology
This transparency report for Institute Foundation 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.