Institute Of Andean Research Inc
Institute Of Andean Research Inc. consistently operates at a deficit, drawing down assets to cover expenses.
EIN: 136138268 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17K |
| Total Expenses | $11K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $16,718. |
| Net Assets | $136K |
| Transparency Score | 65/100 |
Is Institute Of Andean Research Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Institute Of Andean Research Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Institute Of Andean Research Inc
Institute Of Andean Research Inc (EIN: 136138268) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $17K and total assets of $135K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Of Andean Research Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute Of Andean Research Inc is a micro nonprofit that has been operating for 79 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $11K |
| Surplus / Deficit | $-7,759 |
| Total Assets | $136K |
| Total Liabilities | $1 |
| Net Assets | $136K |
| Operating Margin | -234.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 148.0 months |
Financial Health Grade: B
In 2023, Institute Of Andean Research Inc reported a deficit of $8K with expenses exceeding revenue, holds 148.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -64.9% | -36.3% | -5.6% |
| 2022 | -28.6% | +184.2% | -5.2% |
| 2021 | +57.6% | -46.0% | +4.9% |
| 2020 | +9.0% | +38.4% | -2.0% |
| 2019 | -9.0% | -43.5% | -7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2800 |
| IRS Ruling Date | 1947 |
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 Of Andean Research Inc with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Institute Of Andean Research Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led structure, which is positive for directing resources to the mission, especially for an organization of its size with latest revenue of $16,718.
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 Of Andean Research Inc's IRS 990 filings:
- Consistent operational deficits (7 out of 10 periods)
- Declining asset base over the last decade
- Expenses significantly exceeding revenue in recent periods (e.g., 2023: $11,063 expenses vs. $3,304 revenue)
Strengths
The following positive indicators were identified for Institute Of Andean Research Inc:
- Zero officer compensation, indicating volunteer leadership and direct resource allocation
- Very low to no liabilities, demonstrating good debt management
- Long operating history with 10 filings available
Frequently Asked Questions about Institute Of Andean Research Inc
Is Institute Of Andean Research Inc a legitimate charity?
Institute Of Andean Research Inc (EIN: 136138268) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $17K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Institute Of Andean Research Inc spend its money?
Institute Of Andean Research Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Institute Of Andean Research Inc tax-deductible?
Institute Of Andean Research Inc is registered as a tax-exempt nonprofit (EIN: 136138268). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Institute Of Andean Research Inc CEO make?
Institute Of Andean Research Inc's highest-compensated officer earns $16,718. annually. The organization reported $17K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Institute Of Andean Research Inc's spending goes to programs?
Institute Of Andean Research Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Institute Of Andean Research Inc located?
Institute Of Andean Research Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 136138268.
How many years of IRS 990 filings does Institute Of Andean Research Inc have?
Institute Of Andean Research Inc 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 $17K in total revenue.
Is Institute Of Andean Research Inc. financially sustainable?
The organization has operated at a deficit in 7 out of the last 10 reported periods, with expenses exceeding revenue. For example, in 2023, expenses were $11,063 while revenue was only $3,304. This trend suggests a reliance on existing assets to cover operational costs, which is not sustainable long-term without increased revenue or reduced expenses.
How does the organization manage its liabilities?
The organization consistently reports very low liabilities, often $0 or $1 in recent years. This indicates strong management of debt and financial obligations.
What is the trend in the organization's assets?
Assets have shown a gradual decline over the past decade, from $225,987 in 2011 to $136,472 in 2023. This decline aligns with the consistent operational deficits, suggesting assets are being used to fund operations.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation in all available filings, indicating a volunteer-based leadership structure.
Filing History
IRS 990 filing history for Institute Of Andean Research Inc showing financial trends over 10 years of public records:
Total assets decreased by 39.6% over the same period, from $226K to $136K. Total functional expenses fell by 15%, from $13K to $11K. In its most recent filing year (2023), Institute Of Andean Research Inc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $136K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $136K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3K | $11K | $136K | $1 | — | — |
| 2022 | $9K | $17K | $145K | $1 | — | View 990 |
| 2021 | $13K | $6K | $152K | $1 | — | — |
| 2020 | $8K | $11K | $145K | $1 | — | View 990 |
| 2019 | $8K | $8K | $148K | $0 | — | View 990 |
| 2015 | $8K | $14K | $161K | $0 | — | View 990 |
| 2014 | $9K | $26K | $167K | $0 | — | View 990 |
| 2013 | $-26,054 | $14K | $183K | $0 | — | View 990 |
| 2012 | $3K | $5K | $224K | $0 | — | View 990 |
| 2011 | $-547 | $13K | $226K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3K, expenses of $11K, and assets of $136K (revenue -64.9% year-over-year).
- 2022: Revenue of $9K, expenses of $17K, and assets of $145K (revenue -28.6% year-over-year).
- 2021: Revenue of $13K, expenses of $6K, and assets of $152K (revenue +57.6% year-over-year).
- 2020: Revenue of $8K, expenses of $11K, and assets of $145K (revenue +9.0% year-over-year).
- 2019: Revenue of $8K, expenses of $8K, and assets of $148K (revenue -9.0% year-over-year).
- 2015: Revenue of $8K, expenses of $14K, and assets of $161K (revenue -11.1% year-over-year).
- 2014: Revenue of $9K, expenses of $26K, and assets of $167K.
- 2013: Revenue of $-26,054, expenses of $14K, and assets of $183K (revenue -1085.8% year-over-year).
- 2012: Revenue of $3K, expenses of $5K, and assets of $224K.
- 2011: Revenue of $-547, expenses of $13K, and assets of $226K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute Of Andean Research Inc:
Data Sources and Methodology
This transparency report for Institute Of Andean Research 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.