Institutional Longevty Markets Association Inc
Institutional Longevity Markets Association Inc shows fluctuating revenues and increasing liabilities despite consistent officer compensation at 0%.
EIN: 208769162 · Washington, DC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $229K |
| Total Expenses | $276K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $200,000 |
| Net Assets | $94K |
| Transparency Score | 65/100 |
Is Institutional Longevty Markets Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Institutional Longevty Markets Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Institutional Longevty Markets Association Inc
Institutional Longevty Markets Association Inc (EIN: 208769162) is a nonprofit organization based in Washington, DC, classified under NTEE code S41. The organization reported total revenue of $229K and total assets of $170K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institutional Longevty Markets Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institutional Longevty Markets Association Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $304K |
| Total Expenses | $276K |
| Surplus / Deficit | +$28K |
| Total Assets | $204K |
| Total Liabilities | $111K |
| Net Assets | $94K |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 54.1% |
| Months of Reserves | 8.9 months |
Financial Health Grade: A
In 2023, Institutional Longevty Markets Association Inc reported a surplus of $28K with revenue exceeding expenses, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 54.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Institutional Longevty Markets Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.0% | -11.4% | +23.2% |
| 2022 | -65.4% | -45.3% | -30.8% |
| 2021 | +175.9% | +176.6% | +148.8% |
| 2020 | -30.8% | -34.2% | +31.5% |
| 2019 | -23.5% | -27.0% | +32.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Institutional Longevty Markets Association 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, Institutional Longevty Markets Association 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 surplus of $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 54.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's officers are not compensated directly through the organization, which is highly unusual for an organization with revenues exceeding $200,000 annually.
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 Institutional Longevty Markets Association Inc's IRS 990 filings:
- Significant increase in liabilities from $0 in 2020 to $110,620 in 2023 without clear explanation.
- Fluctuating revenue streams, with a large spike in 2021 followed by a decline, indicating potential instability.
- Lack of detailed functional expense breakdown in summary data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Institutional Longevty Markets Association Inc:
- Consistent filing of IRS Form 990s demonstrates transparency.
- Reported 0% officer compensation across all filings suggests a lean executive cost structure.
- Assets have shown growth over the decade, from $75,141 in 2014 to $204,475 in 2023.
Frequently Asked Questions about Institutional Longevty Markets Association Inc
Is Institutional Longevty Markets Association Inc a legitimate charity?
Institutional Longevty Markets Association Inc (EIN: 208769162) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $229K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Institutional Longevty Markets Association Inc spend its money?
Institutional Longevty Markets Association Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Institutional Longevty Markets Association Inc tax-deductible?
Institutional Longevty Markets Association Inc is registered as a tax-exempt nonprofit (EIN: 208769162). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Institutional Longevty Markets Association Inc CEO make?
Institutional Longevty Markets Association Inc's highest-compensated officer earns $200,000 annually. The organization reported $229K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Institutional Longevty Markets Association Inc's spending goes to programs?
Institutional Longevty Markets Association Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Institutional Longevty Markets Association Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Institutional Longevty Markets Association Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Institutional Longevty Markets Association Inc located?
Institutional Longevty Markets Association Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 208769162. It is classified under NTEE code S41.
How many years of IRS 990 filings does Institutional Longevty Markets Association Inc have?
Institutional Longevty Markets Association 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 $229K in total revenue.
What caused the significant increase in liabilities from $0 in 2020 to $110,620 in 2023?
The provided data does not specify the nature of these liabilities, but their rapid increase warrants investigation to understand if they are short-term operational debts, deferred revenue, or other obligations.
How does ILMA manage to operate with 0% officer compensation?
This could indicate that officers are volunteers, compensated by a related entity, or that the organization has a unique operational model where leadership roles are not salaried positions, which is uncommon for an organization of this size and revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The summary data does not provide this level of detail. A full IRS Form 990 would be needed to understand the functional allocation of expenses and assess spending efficiency more accurately.
What was the reason for the revenue spike in 2021 to $631,686 and the subsequent decline?
The filings do not provide context for this significant fluctuation. It could be due to a one-time grant, a major event, or a change in membership/sponsorships.
Filing History
IRS 990 filing history for Institutional Longevty Markets Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Institutional Longevty Markets Association Inc's revenue has declined by 28.2%, moving from $423K to $304K. Total assets decreased by 49.8% over the same period, from $407K to $204K. Total functional expenses fell by 52.5%, from $581K to $276K. In its most recent filing year (2023), Institutional Longevty Markets Association Inc reported a surplus of $28K, with revenue exceeding expenses. The organization holds $111K in liabilities against $204K in assets (debt-to-asset ratio: 54.1%), resulting in net assets of $94K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $304K | $276K | $204K | $111K | — | — |
| 2022 | $219K | $311K | $166K | $100K | — | View 990 |
| 2021 | $632K | $569K | $240K | $81K | — | View 990 |
| 2020 | $229K | $206K | $96K | $0 | — | View 990 |
| 2019 | $331K | $313K | $73K | $0 | — | — |
| 2018 | $432K | $428K | $55K | $0 | — | View 990 |
| 2017 | $314K | $351K | $51K | $0 | — | View 990 |
| 2016 | $380K | $348K | $88K | $0 | — | View 990 |
| 2015 | $431K | $450K | $56K | $0 | — | View 990 |
| 2014 | $383K | $516K | $75K | $0 | — | View 990 |
| 2013 | $441K | $577K | $208K | $0 | — | View 990 |
| 2012 | $523K | $586K | $345K | $0 | — | View 990 |
| 2011 | $423K | $581K | $407K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $304K, expenses of $276K, and assets of $204K (revenue +39.0% year-over-year).
- 2022: Revenue of $219K, expenses of $311K, and assets of $166K (revenue -65.4% year-over-year).
- 2021: Revenue of $632K, expenses of $569K, and assets of $240K (revenue +175.9% year-over-year).
- 2020: Revenue of $229K, expenses of $206K, and assets of $96K (revenue -30.8% year-over-year).
- 2019: Revenue of $331K, expenses of $313K, and assets of $73K (revenue -23.5% year-over-year).
- 2018: Revenue of $432K, expenses of $428K, and assets of $55K (revenue +37.5% year-over-year).
- 2017: Revenue of $314K, expenses of $351K, and assets of $51K (revenue -17.3% year-over-year).
- 2016: Revenue of $380K, expenses of $348K, and assets of $88K (revenue -11.9% year-over-year).
- 2015: Revenue of $431K, expenses of $450K, and assets of $56K (revenue +12.6% year-over-year).
- 2014: Revenue of $383K, expenses of $516K, and assets of $75K (revenue -13.1% year-over-year).
- 2013: Revenue of $441K, expenses of $577K, and assets of $208K (revenue -15.7% year-over-year).
- 2012: Revenue of $523K, expenses of $586K, and assets of $345K (revenue +23.5% year-over-year).
- 2011: Revenue of $423K, expenses of $581K, and assets of $407K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institutional Longevty Markets Association Inc:
Data Sources and Methodology
This transparency report for Institutional Longevty Markets Association 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.