Institute Of Management Consultants Usa Inc
Institute Of Management Consultants Usa Inc faces persistent deficits and declining assets, with liabilities now exceeding assets.
EIN: 133532599 · Washington, DC · Updated: 2026-03-28
Is Institute Of Management Consultants Usa Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Institute Of Management Consultants Usa Inc directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Institute Of Management Consultants Usa Inc
Institute Of Management Consultants Usa Inc (EIN: 133532599) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $119K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Of Management Consultants Usa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute Of Management Consultants Usa Inc is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $142K |
| Total Expenses | $171K |
| Surplus / Deficit | $-29,716 |
| Total Assets | $56K |
| Total Liabilities | $72K |
| Net Assets | $-15,926 |
| Operating Margin | -21.0% |
| Debt-to-Asset Ratio | 128.2% |
| Months of Reserves | 4.0 months |
Financial Health Grade: C
In 2023, Institute Of Management Consultants Usa Inc reported a deficit of $30K with expenses exceeding revenue, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 128.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Institute Of Management Consultants Usa Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.7% | -21.3% | -44.2% |
| 2022 | +16.6% | +1.6% | -26.3% |
| 2021 | -18.2% | -7.2% | -8.6% |
| 2020 | +6.7% | -19.2% | -19.6% |
| 2019 | -38.8% | -9.3% | -26.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1990 |
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 Management Consultants Usa Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, Institute Of Management Consultants Usa Inc allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% 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 $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 128.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is a positive aspect regarding executive pay relative to the organization's size and financial struggles.
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 Management Consultants Usa Inc's IRS 990 filings:
- Consistent operational deficits: Expenses have exceeded revenue in most recent years (e.g., 2023, 2022, 2021, 2020, 2019, 2017, 2016).
- Significant decline in assets: Assets have fallen from $357,121 in 2015 to $56,489 in 2023.
- Liabilities exceed assets: In 2023, liabilities ($72,415) surpassed assets ($56,489), indicating a negative net asset position.
- Declining revenue trend: Revenue has decreased substantially from $328,133 in 2018 to $141,722 in 2023.
- Lack of detailed expense breakdown: The provided data does not allow for a precise assessment of program vs. administrative spending efficiency.
Strengths
The following positive indicators were identified for Institute Of Management Consultants Usa Inc:
- No officer compensation reported: Officer compensation is consistently reported as 0% across all available filings, indicating responsible executive pay practices.
- Long filing history: The organization has a consistent history of filing IRS 990 forms, indicating a degree of transparency in reporting.
Frequently Asked Questions about Institute Of Management Consultants Usa Inc
Is Institute Of Management Consultants Usa Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute Of Management Consultants Usa Inc (EIN: 133532599) significant concerns. Mission Score: 40/100. 5 red flags identified, 2 strengths noted.
How does Institute Of Management Consultants Usa Inc spend its money?
Institute Of Management Consultants Usa Inc directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Institute Of Management Consultants Usa Inc tax-deductible?
Institute Of Management Consultants Usa Inc is registered as a tax-exempt nonprofit (EIN: 133532599). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the detailed breakdown of program, administrative, and fundraising expenses for recent years?
The provided IRS 990 data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to fully assess spending efficiency. This information would be crucial for a complete financial analysis.
What strategies are being implemented to address the consistent operational deficits?
The organization has reported expenses exceeding revenue in most recent years (e.g., $171,438 expenses vs. $141,722 revenue in 2023). The filings do not detail specific strategies to reverse this trend, which is a critical concern for financial sustainability.
Why have the organization's assets significantly declined while liabilities have remained high?
Assets have dropped from $357,121 in 2015 to $56,489 in 2023, while liabilities were $72,415 in 2023. This trend suggests that the organization has been liquidating assets or incurring debt to cover operational shortfalls, leading to a negative net asset position.
What is the plan to improve revenue generation, given the declining trend?
Revenue has decreased from $328,133 in 2018 to $141,722 in 2023. The filings do not specify plans to address this significant decline in income, which is essential for the organization's future viability.
How does the organization plan to address its current negative net asset position?
In 2023, the organization reported assets of $56,489 and liabilities of $72,415, indicating a negative net asset position of -$15,926. This is a serious financial health indicator that requires a clear plan for resolution.
Filing History
IRS 990 filing history for Institute Of Management Consultants Usa Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Institute Of Management Consultants Usa Inc's revenue has declined by 67.6%, moving from $438K to $142K. Total assets decreased by 85% over the same period, from $377K to $56K. Total functional expenses fell by 62.6%, from $458K to $171K. In its most recent filing year (2023), Institute Of Management Consultants Usa Inc reported a deficit of $30K, with expenses exceeding revenue. The organization holds $72K in liabilities against $56K in assets (debt-to-asset ratio: 128.2%), resulting in net assets of $-15,926.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $142K | $171K | $56K | $72K | — | View 990 |
| 2022 | $204K | $218K | $101K | $87K | — | View 990 |
| 2021 | $175K | $214K | $137K | $110K | — | — |
| 2020 | $214K | $231K | $150K | $84K | — | — |
| 2019 | $201K | $286K | $187K | $105K | — | View 990 |
| 2018 | $328K | $315K | $255K | $109K | — | View 990 |
| 2017 | $272K | $316K | $256K | $123K | — | View 990 |
| 2016 | $291K | $317K | $312K | $135K | — | View 990 |
| 2015 | $247K | $220K | $357K | $154K | — | View 990 |
| 2014 | $292K | $268K | $293K | $156K | — | View 990 |
| 2013 | $455K | $453K | $258K | $146K | — | View 990 |
| 2012 | $549K | $596K | $301K | $202K | — | View 990 |
| 2011 | $438K | $458K | $377K | $231K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $142K, expenses of $171K, and assets of $56K (revenue -30.7% year-over-year).
- 2022: Revenue of $204K, expenses of $218K, and assets of $101K (revenue +16.6% year-over-year).
- 2021: Revenue of $175K, expenses of $214K, and assets of $137K (revenue -18.2% year-over-year).
- 2020: Revenue of $214K, expenses of $231K, and assets of $150K (revenue +6.7% year-over-year).
- 2019: Revenue of $201K, expenses of $286K, and assets of $187K (revenue -38.8% year-over-year).
- 2018: Revenue of $328K, expenses of $315K, and assets of $255K (revenue +20.7% year-over-year).
- 2017: Revenue of $272K, expenses of $316K, and assets of $256K (revenue -6.4% year-over-year).
- 2016: Revenue of $291K, expenses of $317K, and assets of $312K (revenue +17.7% year-over-year).
- 2015: Revenue of $247K, expenses of $220K, and assets of $357K (revenue -15.5% year-over-year).
- 2014: Revenue of $292K, expenses of $268K, and assets of $293K (revenue -35.8% year-over-year).
- 2013: Revenue of $455K, expenses of $453K, and assets of $258K (revenue -17.0% year-over-year).
- 2012: Revenue of $549K, expenses of $596K, and assets of $301K (revenue +25.3% year-over-year).
- 2011: Revenue of $438K, expenses of $458K, and assets of $377K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute Of Management Consultants Usa Inc:
Data Sources and Methodology
This transparency report for Institute Of Management Consultants Usa 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.