International Institute Of Forecasters
International Institute Of Forecasters: Stable Finances, High Programmatic Spending
EIN: 223037274 · Medford, MA · NTEE: S41 · Updated: 2026-04-04
Is International Institute Of Forecasters Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Institute Of Forecasters directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About International Institute Of Forecasters
International Institute Of Forecasters (EIN: 223037274) is a nonprofit organization based in Medford, MA, classified under NTEE code S41. The organization reported total revenue of $513K and total assets of $402K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Institute Of Forecasters's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Institute Of Forecasters is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $420K |
| Total Expenses | $580K |
| Surplus / Deficit | $-160,622 |
| Total Assets | $431K |
| Net Assets | $431K |
| Operating Margin | -38.3% |
| Months of Reserves | 8.9 months |
Financial Health Grade: B
In 2023, International Institute Of Forecasters reported a deficit of $161K with expenses exceeding revenue, holds 8.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), International Institute Of Forecasters's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.5% | +24.5% | -27.1% |
| 2022 | +46.8% | +68.5% | -2.8% |
| 2021 | +10.3% | +7.7% | +5.0% |
| 2020 | -42.5% | -37.7% | +3.7% |
| 2019 | +5.8% | +8.6% | +14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Institute Of Forecasters with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, International Institute Of Forecasters allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $161K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold for key employees, indicating a lean administrative structure.
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 Institute Of Forecasters:
- Consistently high percentage of expenses dedicated to programs (e.g., 85% in 2023).
- Stable revenue streams over the past several years, demonstrating financial resilience.
- Healthy asset base relative to annual expenses, indicating good financial management.
Frequently Asked Questions about International Institute Of Forecasters
Is International Institute Of Forecasters a legitimate charity?
Based on AI analysis of IRS 990 filings, International Institute Of Forecasters (EIN: 223037274) appears legitimate. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
How does International Institute Of Forecasters spend its money?
International Institute Of Forecasters directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to International Institute Of Forecasters tax-deductible?
International Institute Of Forecasters is registered as a tax-exempt nonprofit (EIN: 223037274). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does International Institute Of Forecasters do?
International Institute Of Forecasters is a nonprofit organization in the Community Improvement sector, located in Medford, Massachusetts. It is classified under NTEE code S41.
How much revenue does International Institute Of Forecasters have?
International Institute Of Forecasters reported total revenue of $512,583. Based on 13 IRS 990 filings on record.
What are International Institute Of Forecasters's total assets?
International Institute Of Forecasters holds total assets of $401,694 as reported in IRS 990 filings.
Where is International Institute Of Forecasters located?
International Institute Of Forecasters is based in Medford, Massachusetts.
What is International Institute Of Forecasters's EIN?
International Institute Of Forecasters's Employer Identification Number (EIN) is 223037274. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is International Institute Of Forecasters?
International Institute Of Forecasters is classified under NTEE code S41 (Community Improvement).
Is International Institute Of Forecasters a registered 501(c)(3)?
Yes, International Institute Of Forecasters is recognized as a tax-exempt organization by the IRS. EIN: 223037274.
Does International Institute Of Forecasters file IRS Form 990?
Yes, International Institute Of Forecasters has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was International Institute Of Forecasters's revenue in 2023?
In the 202312 filing period, International Institute Of Forecasters reported total revenue of $419,761, total expenses of $580,383, and net assets of $431,385.
Is International Institute Of Forecasters's revenue growing or declining?
International Institute Of Forecasters's revenue is declining. Revenue went from $448,993 (202212) to $419,761 (202312), a -6.5% change. Based on 13 filings on record.
What is International Institute Of Forecasters's most recent 990 filing?
The most recent IRS Form 990 filing for International Institute Of Forecasters covers tax period 202312. It shows revenue of $419,761, expenses of $580,383, total assets of $431,385, and liabilities of N/A.
How much does International Institute Of Forecasters spend on programs vs administration?
Based on IRS 990 analysis, International Institute Of Forecasters allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is International Institute Of Forecasters a trustworthy charity?
Based on AI analysis of IRS 990 data, International Institute Of Forecasters appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are International Institute Of Forecasters's strengths?
Positive indicators for International Institute Of Forecasters include: Consistently high percentage of expenses dedicated to programs (e.g., 85% in 2023).. Stable revenue streams over the past several years, demonstrating financial resilience.. Healthy asset base relative to annual expenses, indicating good financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does International Institute Of Forecasters compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold for key employees, indicating a lean administrative structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the International Institute Of Forecasters maintain such a high program spending ratio without significant reported executive compensation?
The high program spending ratio, coupled with no reported executive compensation, suggests a volunteer-driven or very lean operational model, potentially relying on part-time staff or external contractors for administrative functions, allowing more funds to directly support its mission.
Filing History
IRS 990 filing history for International Institute Of Forecasters showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), International Institute Of Forecasters's revenue has grown by 5.9%, moving from $396K to $420K. Total assets increased by 62.5% over the same period, from $265K to $431K. Total functional expenses rose by 71%, from $339K to $580K. In its most recent filing year (2023), International Institute Of Forecasters reported a deficit of $161K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $420K | $580K | $431K | $0 | — | View 990 |
| 2022 | $449K | $466K | $592K | $0 | — | View 990 |
| 2021 | $306K | $277K | $609K | $0 | — | — |
| 2020 | $277K | $257K | $580K | $0 | — | — |
| 2019 | $482K | $412K | $559K | $0 | — | View 990 |
| 2018 | $456K | $380K | $490K | $0 | — | View 990 |
| 2017 | $379K | $429K | $414K | $0 | — | View 990 |
| 2016 | $424K | $416K | $464K | $0 | — | View 990 |
| 2015 | $393K | $365K | $456K | $0 | — | View 990 |
| 2014 | $492K | $411K | $428K | $0 | — | View 990 |
| 2013 | $325K | $307K | $347K | $0 | — | View 990 |
| 2012 | $470K | $406K | $330K | $0 | — | View 990 |
| 2011 | $396K | $339K | $265K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $420K, expenses of $580K, and assets of $431K (revenue -6.5% year-over-year).
- 2022: Revenue of $449K, expenses of $466K, and assets of $592K (revenue +46.8% year-over-year).
- 2021: Revenue of $306K, expenses of $277K, and assets of $609K (revenue +10.3% year-over-year).
- 2020: Revenue of $277K, expenses of $257K, and assets of $580K (revenue -42.5% year-over-year).
- 2019: Revenue of $482K, expenses of $412K, and assets of $559K (revenue +5.8% year-over-year).
- 2018: Revenue of $456K, expenses of $380K, and assets of $490K (revenue +20.1% year-over-year).
- 2017: Revenue of $379K, expenses of $429K, and assets of $414K (revenue -10.5% year-over-year).
- 2016: Revenue of $424K, expenses of $416K, and assets of $464K (revenue +7.9% year-over-year).
- 2015: Revenue of $393K, expenses of $365K, and assets of $456K (revenue -20.2% year-over-year).
- 2014: Revenue of $492K, expenses of $411K, and assets of $428K (revenue +51.5% year-over-year).
- 2013: Revenue of $325K, expenses of $307K, and assets of $347K (revenue -31.0% year-over-year).
- 2012: Revenue of $470K, expenses of $406K, and assets of $330K (revenue +18.7% year-over-year).
- 2011: Revenue of $396K, expenses of $339K, and assets of $265K.
Data Sources and Methodology
This transparency report for International Institute Of Forecasters 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.