International Institute Of Synthetic Rubber Producers Inc
International Institute Of Synthetic Rubber Producers Inc sees declining assets but improved liability management over the last decade.
EIN: 131929277 · Houston, TX · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $999K |
| Total Expenses | $1.1M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.6M |
| Transparency Score | 65/100 |
Is International Institute Of Synthetic Rubber Producers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Institute Of Synthetic Rubber Producers Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About International Institute Of Synthetic Rubber Producers Inc
International Institute Of Synthetic Rubber Producers Inc (EIN: 131929277) is a nonprofit organization based in Houston, TX. The organization reported total revenue of $999K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Institute Of Synthetic Rubber Producers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Institute Of Synthetic Rubber Producers Inc is a small nonprofit that has been operating for 65 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $973K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-136,560 |
| Total Assets | $1.7M |
| Total Liabilities | $99K |
| Net Assets | $1.6M |
| Operating Margin | -14.0% |
| Debt-to-Asset Ratio | 6.0% |
| Months of Reserves | 17.9 months |
Financial Health Grade: B
In 2023, International Institute Of Synthetic Rubber Producers Inc reported a deficit of $137K with expenses exceeding revenue, holds 17.9 months of operating reserves (strong position), has a debt-to-asset ratio of 6.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), International Institute Of Synthetic Rubber Producers Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.5% | -9.3% | -15.3% |
| 2022 | +41.7% | +26.1% | -12.1% |
| 2021 | -36.6% | -14.8% | -13.5% |
| 2020 | -8.0% | -7.0% | +1.3% |
| 2019 | +8.5% | +6.7% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1961 |
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 Synthetic Rubber Producers 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, International Institute Of Synthetic Rubber Producers Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $137K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, suggesting that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is unusual for an organization of its size with annual expenses often exceeding $1 million.
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 International Institute Of Synthetic Rubber Producers Inc's IRS 990 filings:
- Consistent decline in total assets over the past decade, from $2,811,155 in 2014 to $1,650,521 in 2023.
- Expenses frequently exceed revenue, as seen in 2023 ($1,109,249 expenses vs. $972,689 revenue) and 2022 ($1,222,891 expenses vs. $1,124,185 revenue), indicating potential operational deficits.
- Lack of reported officer compensation, which, while potentially positive, could also obscure how leadership is truly supported or compensated.
Strengths
The following positive indicators were identified for International Institute Of Synthetic Rubber Producers Inc:
- Significant reduction in liabilities, from a high of $942,326 in 2016 to $99,003 in 2023, indicating strong debt management.
- Consistent filing of IRS Form 990s, demonstrating a commitment to regulatory transparency.
- Maintained substantial assets over $1.5 million, providing a financial cushion despite recent declines.
Frequently Asked Questions about International Institute Of Synthetic Rubber Producers Inc
Is International Institute Of Synthetic Rubber Producers Inc a legitimate charity?
International Institute Of Synthetic Rubber Producers Inc (EIN: 131929277) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $999K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does International Institute Of Synthetic Rubber Producers Inc spend its money?
International Institute Of Synthetic Rubber Producers Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to International Institute Of Synthetic Rubber Producers Inc tax-deductible?
International Institute Of Synthetic Rubber Producers Inc is registered as a tax-exempt nonprofit (EIN: 131929277). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the International Institute Of Synthetic Rubber Producers Inc CEO make?
International Institute Of Synthetic Rubber Producers Inc's highest-compensated officer earns $1 annually. The organization reported $999K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of International Institute Of Synthetic Rubber Producers Inc's spending goes to programs?
International Institute Of Synthetic Rubber Producers Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is International Institute Of Synthetic Rubber Producers Inc located?
International Institute Of Synthetic Rubber Producers Inc is headquartered in Houston, Texas and files with the IRS under EIN 131929277.
How many years of IRS 990 filings does International Institute Of Synthetic Rubber Producers Inc have?
International Institute Of Synthetic Rubber Producers Inc has 12 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 $999K in total revenue.
What is the specific breakdown of program service accomplishments and related expenses?
The provided data does not detail the specific program service accomplishments or the direct expenses allocated to them, making it difficult to assess the impact of the organization's mission-related activities.
Why have the organization's assets declined by over $1 million since 2014?
Assets have decreased from $2,811,155 in 2014 to $1,650,521 in 2023. While liabilities have also decreased, the specific reasons for this significant asset reduction are not detailed in the provided financial summary.
How does the organization sustain operations without reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that leadership may be volunteer-based, compensated by a related entity, or through other non-officer compensation mechanisms, which warrants further investigation for a complete understanding of operational sustainability.
Filing History
IRS 990 filing history for International Institute Of Synthetic Rubber Producers Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), International Institute Of Synthetic Rubber Producers Inc's revenue has declined by 47.1%, moving from $1.8M to $973K. Total assets decreased by 44.4% over the same period, from $3.0M to $1.7M. Total functional expenses fell by 30.7%, from $1.6M to $1.1M. In its most recent filing year (2023), International Institute Of Synthetic Rubber Producers Inc reported a deficit of $137K, with expenses exceeding revenue. The organization holds $99K in liabilities against $1.7M in assets (debt-to-asset ratio: 6.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $973K | $1.1M | $1.7M | $99K | — | View 990 |
| 2022 | $1.1M | $1.2M | $1.9M | $262K | — | View 990 |
| 2021 | $794K | $970K | $2.2M | $258K | — | — |
| 2020 | $1.3M | $1.1M | $2.6M | $186K | — | — |
| 2019 | $1.4M | $1.2M | $2.5M | $338K | — | View 990 |
| 2018 | $1.3M | $1.1M | $2.6M | $393K | — | View 990 |
| 2017 | $1.3M | $1.3M | $2.4M | $302K | — | View 990 |
| 2016 | $1.2M | $1.5M | $2.4M | $942K | — | View 990 |
| 2015 | $1.4M | $1.3M | $2.7M | $673K | — | View 990 |
| 2014 | $1.4M | $1.2M | $2.8M | $589K | — | View 990 |
| 2013 | $1.5M | $1.6M | $3.0M | $789K | — | View 990 |
| 2012 | $1.8M | $1.6M | $3.0M | $1.0M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $973K, expenses of $1.1M, and assets of $1.7M (revenue -13.5% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.2M, and assets of $1.9M (revenue +41.7% year-over-year).
- 2021: Revenue of $794K, expenses of $970K, and assets of $2.2M (revenue -36.6% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.1M, and assets of $2.6M (revenue -8.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.2M, and assets of $2.5M (revenue +8.5% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.1M, and assets of $2.6M (revenue -4.9% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $2.4M (revenue +6.0% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.5M, and assets of $2.4M (revenue -8.5% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $2.7M (revenue +0.2% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.2M, and assets of $2.8M (revenue -10.6% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.6M, and assets of $3.0M (revenue -17.4% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.6M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Institute Of Synthetic Rubber Producers Inc:
Data Sources and Methodology
This transparency report for International Institute Of Synthetic Rubber Producers 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.