Institute Of Advanced Sciences
EIN: 462678472 · N Dartmouth, MA · NTEE: U20
| Metric | Value |
|---|---|
| Total Revenue | $469K |
| Total Expenses | $511K |
| Net Assets | $-138,370 |
Is Institute Of Advanced Sciences Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Institute Of Advanced Sciences
Institute Of Advanced Sciences (EIN: 462678472) is a nonprofit organization based in N Dartmouth, MA, classified under NTEE code U20. The organization reported total revenue of $469K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Of Advanced Sciences's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute Of Advanced Sciences is a small nonprofit that has been operating for 3 years, with 10 years of IRS 990 filings on record (2013–2022).
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $487K |
| Total Expenses | $511K |
| Surplus / Deficit | $-23,971 |
| Total Assets | $39K |
| Total Liabilities | $177K |
| Net Assets | $-138,370 |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 458.4% |
| Months of Reserves | 0.9 months |
Financial Health Grade: D
In 2022, Institute Of Advanced Sciences reported a deficit of $24K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 458.4% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -1.7% | +13.4% | -78.1% |
| 2021 | +6.8% | -3.8% | +29.4% |
| 2020 | -3.0% | -8.2% | -1.1% |
| 2019 | +8.8% | -16.2% | +24.9% |
| 2018 | -20.5% | +9.3% | +38.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2800 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Institute Of Advanced Sciences 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 Of Advanced Sciences 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 458.4%.
Frequently Asked Questions about Institute Of Advanced Sciences
Is Institute Of Advanced Sciences a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute Of Advanced Sciences (EIN: 462678472) insufficient data. 0 red flags identified, 0 strengths noted.
How does Institute Of Advanced Sciences spend its money?
Detailed spending breakdown data is not yet available for Institute Of Advanced Sciences. Check back for updated IRS 990 analysis.
Are donations to Institute Of Advanced Sciences tax-deductible?
Institute Of Advanced Sciences is registered as a tax-exempt nonprofit (EIN: 462678472). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Institute Of Advanced Sciences located?
Institute Of Advanced Sciences is headquartered in N Dartmouth, Massachusetts and files with the IRS under EIN 462678472. It is classified under NTEE code U20.
How many years of IRS 990 filings does Institute Of Advanced Sciences have?
Institute Of Advanced Sciences has 10 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 $469K in total revenue.
Filing History
IRS 990 filing history for Institute Of Advanced Sciences showing financial trends over 10 years of public records:
Total assets increased by 3861000% over the same period, from $1 to $39K. In its most recent filing year (2022), Institute Of Advanced Sciences reported a deficit of $24K, with expenses exceeding revenue. The organization holds $177K in liabilities against $39K in assets (debt-to-asset ratio: 458.4%), resulting in net assets of $-138,370.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $487K | $511K | $39K | $177K | — | View 990 |
| 2021 | $495K | $450K | $176K | $290K | — | View 990 |
| 2020 | $464K | $468K | $136K | $295K | — | View 990 |
| 2019 | $478K | $510K | $138K | $293K | — | — |
| 2018 | $439K | $609K | $110K | $233K | — | — |
| 2017 | $553K | $557K | $79K | $34K | — | View 990 |
| 2016 | $474K | $434K | $85K | $30K | — | View 990 |
| 2015 | $390K | $399K | $66K | $35K | — | View 990 |
| 2014 | $418K | $378K | $80K | $41K | — | View 990 |
| 2013 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $487K, expenses of $511K, and assets of $39K (revenue -1.7% year-over-year).
- 2021: Revenue of $495K, expenses of $450K, and assets of $176K (revenue +6.8% year-over-year).
- 2020: Revenue of $464K, expenses of $468K, and assets of $136K (revenue -3.0% year-over-year).
- 2019: Revenue of $478K, expenses of $510K, and assets of $138K (revenue +8.8% year-over-year).
- 2018: Revenue of $439K, expenses of $609K, and assets of $110K (revenue -20.5% year-over-year).
- 2017: Revenue of $553K, expenses of $557K, and assets of $79K (revenue +16.6% year-over-year).
- 2016: Revenue of $474K, expenses of $434K, and assets of $85K (revenue +21.6% year-over-year).
- 2015: Revenue of $390K, expenses of $399K, and assets of $66K (revenue -6.7% year-over-year).
- 2014: Revenue of $418K, expenses of $378K, and assets of $80K.
- 2013: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute Of Advanced Sciences:
Data Sources and Methodology
This transparency report for Institute Of Advanced Sciences 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.