Institute Of The North
EIN: 753155877 · Anchorage, AK · NTEE: Q99
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $671K |
| Net Assets | $397K |
Is Institute Of The North 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 The North
Institute Of The North (EIN: 753155877) is a nonprofit organization based in Anchorage, AK, classified under NTEE code Q99. The organization reported total revenue of $1.6M and total assets of $468K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Of The North's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute Of The North is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $652K |
| Total Expenses | $671K |
| Surplus / Deficit | $-19,628 |
| Total Assets | $533K |
| Total Liabilities | $136K |
| Net Assets | $397K |
| Operating Margin | -3.0% |
| Debt-to-Asset Ratio | 25.5% |
| Months of Reserves | 9.5 months |
Financial Health Grade: B
In 2023, Institute Of The North reported a deficit of $20K with expenses exceeding revenue, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 25.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Institute Of The North's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +56.6% | +98.4% | +13.9% |
| 2022 | +4.4% | +22.3% | +29.7% |
| 2021 | +9.4% | -7.2% | +37.4% |
| 2020 | -25.4% | +6.2% | +30.1% |
| 2019 | -8.5% | -57.3% | +245.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Institute Of The North 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 The North 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 25.5%.
Frequently Asked Questions about Institute Of The North
Is Institute Of The North a legitimate charity?
Institute Of The North (EIN: 753155877) is a registered tax-exempt nonprofit based in Alaska. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: B.
How does Institute Of The North spend its money?
Institute Of The North reported $1.6M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Institute Of The North tax-deductible?
Institute Of The North is registered as a tax-exempt nonprofit (EIN: 753155877). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Institute Of The North located?
Institute Of The North is headquartered in Anchorage, Alaska and files with the IRS under EIN 753155877. It is classified under NTEE code Q99.
How many years of IRS 990 filings does Institute Of The North have?
Institute Of The North 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 $1.6M in total revenue.
Filing History
IRS 990 filing history for Institute Of The North showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Institute Of The North's revenue has declined by 12.5%, moving from $745K to $652K. Total assets increased by 203.7% over the same period, from $175K to $533K. Total functional expenses fell by 27.1%, from $921K to $671K. In its most recent filing year (2023), Institute Of The North reported a deficit of $20K, with expenses exceeding revenue. The organization holds $136K in liabilities against $533K in assets (debt-to-asset ratio: 25.5%), resulting in net assets of $397K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $652K | $671K | $533K | $136K | — | — |
| 2022 | $416K | $338K | $468K | $51K | — | View 990 |
| 2021 | $399K | $277K | $361K | $22K | — | View 990 |
| 2020 | $364K | $298K | $262K | $46K | — | View 990 |
| 2019 | $488K | $281K | $202K | $51K | — | View 990 |
| 2018 | $534K | $657K | $58K | $116K | — | View 990 |
| 2017 | $768K | $804K | $115K | $49K | — | View 990 |
| 2016 | $828K | $880K | $248K | $146K | — | View 990 |
| 2015 | $782K | $536K | $276K | $122K | — | View 990 |
| 2014 | $852K | $891K | $94K | $185K | — | View 990 |
| 2013 | $1.7M | $1.6M | $132K | $184K | — | View 990 |
| 2012 | $1.3M | $1.6M | $105K | $188K | — | View 990 |
| 2011 | $745K | $921K | $175K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $652K, expenses of $671K, and assets of $533K (revenue +56.6% year-over-year).
- 2022: Revenue of $416K, expenses of $338K, and assets of $468K (revenue +4.4% year-over-year).
- 2021: Revenue of $399K, expenses of $277K, and assets of $361K (revenue +9.4% year-over-year).
- 2020: Revenue of $364K, expenses of $298K, and assets of $262K (revenue -25.4% year-over-year).
- 2019: Revenue of $488K, expenses of $281K, and assets of $202K (revenue -8.5% year-over-year).
- 2018: Revenue of $534K, expenses of $657K, and assets of $58K (revenue -30.4% year-over-year).
- 2017: Revenue of $768K, expenses of $804K, and assets of $115K (revenue -7.3% year-over-year).
- 2016: Revenue of $828K, expenses of $880K, and assets of $248K (revenue +6.0% year-over-year).
- 2015: Revenue of $782K, expenses of $536K, and assets of $276K (revenue -8.3% year-over-year).
- 2014: Revenue of $852K, expenses of $891K, and assets of $94K (revenue -48.8% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.6M, and assets of $132K (revenue +25.4% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.6M, and assets of $105K (revenue +78.3% year-over-year).
- 2011: Revenue of $745K, expenses of $921K, and assets of $175K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute Of The North:
Data Sources and Methodology
This transparency report for Institute Of The North 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.