International Biodegradable Products Institute Inc
International Biodegradable Products Institute Inc shows consistent revenue growth and no reported officer compensation.
EIN: 134088453 · New York, NY · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $2.8M |
| Program Spending | 90% |
| Net Assets | $3.0M |
| Transparency Score | 95/100 |
Is International Biodegradable Products Institute Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Biodegradable Products Institute Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About International Biodegradable Products Institute Inc
International Biodegradable Products Institute Inc (EIN: 134088453) is a nonprofit organization based in New York, NY, classified under NTEE code S41. The organization reported total revenue of $3.5M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Biodegradable Products Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Biodegradable Products Institute Inc is a mid-size nonprofit that has been operating for 25 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$350K |
| Total Assets | $3.0M |
| Total Liabilities | $16K |
| Net Assets | $3.0M |
| Operating Margin | 11.1% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 12.9 months |
Financial Health Grade: A
In 2023, International Biodegradable Products Institute Inc reported a surplus of $350K with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), International Biodegradable Products Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.9% | +29.0% | +19.2% |
| 2022 | +49.3% | +55.8% | +16.0% |
| 2021 | +16.0% | +22.7% | +18.0% |
| 2020 | +9.0% | +51.3% | +23.5% |
| 2019 | +28.9% | +16.5% | +68.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 International Biodegradable Products Institute Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, International Biodegradable Products Institute Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $350K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through non-officer roles, which is highly favorable for resource allocation to programs.
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.
Strengths
The following positive indicators were identified for International Biodegradable Products Institute Inc:
- Consistent and strong revenue growth, from $1,484,600 in 2020 to $3,160,434 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency and dedication to mission.
- Low liabilities relative to assets, with liabilities at $16,039 against assets of $3,011,120 in 2023, demonstrating strong financial stability.
- Healthy asset growth, increasing from $1,844,882 in 2020 to $3,011,120 in 2023.
- Strong program focus implied by the absence of officer compensation and efficient expense management.
Frequently Asked Questions about International Biodegradable Products Institute Inc
Is International Biodegradable Products Institute Inc a legitimate charity?
International Biodegradable Products Institute Inc (EIN: 134088453) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 14 years of IRS 990 filings on record. Total revenue: $3.5M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does International Biodegradable Products Institute Inc spend its money?
International Biodegradable Products Institute Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to International Biodegradable Products Institute Inc tax-deductible?
International Biodegradable Products Institute Inc is registered as a tax-exempt nonprofit (EIN: 134088453). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of International Biodegradable Products Institute Inc's spending goes to programs?
International Biodegradable Products Institute Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does International Biodegradable Products Institute Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), International Biodegradable Products Institute 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 International Biodegradable Products Institute Inc located?
International Biodegradable Products Institute Inc is headquartered in New York, New York and files with the IRS under EIN 134088453. It is classified under NTEE code S41.
How many years of IRS 990 filings does International Biodegradable Products Institute Inc have?
International Biodegradable Products Institute Inc has 14 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 $3.5M in total revenue.
Is International Biodegradable Products Institute Inc a good charity?
Based on the available financial data, the International Biodegradable Products Institute Inc appears to be a very good charity. It demonstrates strong financial growth, excellent program efficiency (implied by 0% officer compensation), and sound asset management.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, increasing from $1,484,600 in 2020 to $3,160,434 in 2023, and reaching $3,547,517 in its latest reported period, indicating robust expansion.
What is the organization's approach to executive compensation?
The International Biodegradable Products Institute Inc reports 0% officer compensation in all available filings, suggesting a highly efficient model where executive leadership is not compensated through traditional officer salaries, or is volunteer-based.
Filing History
IRS 990 filing history for International Biodegradable Products Institute Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), International Biodegradable Products Institute Inc's revenue has grown by 712.4%, moving from $389K to $3.2M. Total assets increased by 1374.3% over the same period, from $204K to $3.0M. Total functional expenses rose by 871.8%, from $289K to $2.8M. In its most recent filing year (2023), International Biodegradable Products Institute Inc reported a surplus of $350K, with revenue exceeding expenses. The organization holds $16K in liabilities against $3.0M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $2.8M | $3.0M | $16K | — | — |
| 2022 | $2.6M | $2.2M | $2.5M | $16K | — | View 990 |
| 2021 | $1.7M | $1.4M | $2.2M | $12K | — | View 990 |
| 2020 | $1.5M | $1.1M | $1.8M | $8K | — | View 990 |
| 2019 | $1.4M | $753K | $1.5M | $3K | — | View 990 |
| 2018 | $1.1M | $646K | $887K | $4K | — | View 990 |
| 2017 | $821K | $768K | $479K | $5K | — | View 990 |
| 2016 | $120K | $146K | $421K | $0 | — | View 990 |
| 2016 | $797K | $549K | $447K | $0 | — | View 990 |
| 2015 | $619K | $595K | $200K | $0 | — | View 990 |
| 2014 | $583K | $557K | $175K | $0 | — | View 990 |
| 2013 | $627K | $661K | $149K | $0 | — | View 990 |
| 2012 | $532K | $553K | $183K | $0 | — | View 990 |
| 2011 | $389K | $289K | $204K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $2.8M, and assets of $3.0M (revenue +22.9% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.2M, and assets of $2.5M (revenue +49.3% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.4M, and assets of $2.2M (revenue +16.0% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.1M, and assets of $1.8M (revenue +9.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $753K, and assets of $1.5M (revenue +28.9% year-over-year).
- 2018: Revenue of $1.1M, expenses of $646K, and assets of $887K (revenue +28.7% year-over-year).
- 2017: Revenue of $821K, expenses of $768K, and assets of $479K (revenue +584.8% year-over-year).
- 2016: Revenue of $120K, expenses of $146K, and assets of $421K (revenue -85.0% year-over-year).
- 2016: Revenue of $797K, expenses of $549K, and assets of $447K (revenue +28.6% year-over-year).
- 2015: Revenue of $619K, expenses of $595K, and assets of $200K (revenue +6.1% year-over-year).
- 2014: Revenue of $583K, expenses of $557K, and assets of $175K (revenue -6.9% year-over-year).
- 2013: Revenue of $627K, expenses of $661K, and assets of $149K (revenue +17.7% year-over-year).
- 2012: Revenue of $532K, expenses of $553K, and assets of $183K (revenue +36.8% year-over-year).
- 2011: Revenue of $389K, expenses of $289K, and assets of $204K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Biodegradable Products Institute Inc:
Data Sources and Methodology
This transparency report for International Biodegradable Products Institute 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.