International Isocyanate Institute Inc

International Isocyanate Institute Inc. experiences fluctuating revenues and recent operational deficits, maintaining a solid asset base.

EIN: 132734693 · Nutley, NJ · Updated: 2026-03-28

$2.9MRevenue

$3.0MAssets

70/100Mission Score (Good)

Is International Isocyanate Institute Inc Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

International Isocyanate Institute Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About International Isocyanate Institute Inc

International Isocyanate Institute Inc (EIN: 132734693) is a nonprofit organization based in Nutley, NJ. The organization reported total revenue of $2.9M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Isocyanate Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

International Isocyanate Institute Inc. demonstrates a fluctuating financial performance over the past decade. While the organization reported a significant revenue of $4,975,099 in 2022, it experienced a deficit in 2023 with expenses exceeding revenue by $691,202 ($3,726,992 expenses vs. $3,035,790 revenue). This recent trend of spending more than it earns, also seen in 2020, 2019, and 2017, suggests potential challenges in maintaining financial stability without drawing down assets or increasing liabilities. The organization's assets have generally grown, reaching $3,634,663 in 2023, indicating a solid asset base despite recent operational losses.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator for efficiency. The lack of detailed NTEE code information and specific program descriptions in the provided data limits a comprehensive evaluation of its program focus and impact.

In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is a strong positive. However, the absence of reported officer compensation, while potentially indicating volunteer leadership, could also mask other forms of executive benefits if not clearly explained. A more detailed breakdown of expenses beyond total revenue and expenses would enhance transparency and allow for a clearer understanding of how funds are allocated to its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates International Isocyanate Institute Inc with a Mission Score of 70 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: 80%
fundraising: 5%

According to IRS 990 filings, International Isocyanate Institute Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership may be entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization of its size with annual revenues often exceeding $2 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 Isocyanate Institute Inc's IRS 990 filings:

Inconsistent financial performance with recurring operational deficits (e.g., $691,202 deficit in 2023, $626,301 deficit in 2020).
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering efficiency assessment.
Unusually consistent 0% officer compensation for an organization with multi-million dollar revenues, which may obscure actual leadership compensation structures.

Strengths

The following positive indicators were identified for International Isocyanate Institute Inc:

Consistent IRS 990 filing history over 13 periods, indicating good compliance.
Maintains a solid asset base, with assets of $3,634,663 in 2023, providing financial stability.
Significant revenue generation in some years, such as $4,975,099 in 2022.

Frequently Asked Questions about International Isocyanate Institute Inc

Is International Isocyanate Institute Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, International Isocyanate Institute Inc (EIN: 132734693) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

How does International Isocyanate Institute Inc spend its money?

International Isocyanate Institute Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to International Isocyanate Institute Inc tax-deductible?

International Isocyanate Institute Inc is registered as a tax-exempt nonprofit (EIN: 132734693). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What is the detailed breakdown of program, administrative, and fundraising expenses for International Isocyanate Institute Inc.?

The provided data only offers total revenue and expenses. A detailed breakdown is necessary to assess spending efficiency accurately.

How does International Isocyanate Institute Inc. sustain its operations during years with significant operational deficits, such as 2023 and 2020?

In 2023, expenses exceeded revenue by $691,202. This suggests the organization either drew down on its assets or increased liabilities to cover the shortfall. For example, assets decreased from $4,447,696 in 2022 to $3,634,663 in 2023, while liabilities increased from $787,698 to $665,867 (a decrease in liabilities, suggesting assets were used).

What specific programs does International Isocyanate Institute Inc. operate, and what is their impact?

The provided NTEE code is 'Unknown,' and no program details are available, making it impossible to evaluate the specific mission-related activities or their impact.

Given the 0% officer compensation, how are the organization's leadership and management compensated, if at all?

The consistent reporting of 0% officer compensation suggests either a fully volunteer leadership or that compensation is structured in a way not reported under 'officer compensation' on the 990, which warrants further investigation for full transparency.

Filing History

IRS 990 filing history for International Isocyanate Institute Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), International Isocyanate Institute Inc's revenue has grown by 16.4%, moving from $2.6M to $3.0M. Total assets increased by 164.9% over the same period, from $1.4M to $3.6M. Total functional expenses rose by 50.2%, from $2.5M to $3.7M. In its most recent filing year (2023), International Isocyanate Institute Inc reported a deficit of $691K, with expenses exceeding revenue. The organization holds $666K in liabilities against $3.6M in assets (debt-to-asset ratio: 18.3%), resulting in net assets of $3.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.0M	$3.7M	$3.6M	$666K	—	View 990
2022	$5.0M	$3.2M	$4.4M	$788K	—	View 990
2021	$2.1M	$2.1M	$2.5M	$607K	—	View 990
2020	$2.2M	$2.8M	$2.9M	$1.0M	—	View 990
2019	$2.5M	$2.5M	$3.5M	$1.0M	—	View 990
2018	$3.6M	$2.8M	$3.2M	$694K	—	View 990
2017	$2.4M	$2.5M	$2.0M	$208K	—	View 990
2016	$2.6M	$2.6M	$2.1M	$282K	—	View 990
2015	$2.8M	$2.8M	$2.3M	$416K	—	View 990
2014	$2.6M	$2.3M	$1.9M	$0	—	View 990
2013	$2.7M	$2.3M	$1.6M	$0	—	View 990
2012	$2.4M	$2.5M	$1.2M	$887	—	View 990
2011	$2.6M	$2.5M	$1.4M	$2K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.0M, expenses of $3.7M, and assets of $3.6M (revenue -39.0% year-over-year).
2022: Revenue of $5.0M, expenses of $3.2M, and assets of $4.4M (revenue +136.2% year-over-year).
2021: Revenue of $2.1M, expenses of $2.1M, and assets of $2.5M (revenue -3.5% year-over-year).
2020: Revenue of $2.2M, expenses of $2.8M, and assets of $2.9M (revenue -12.0% year-over-year).
2019: Revenue of $2.5M, expenses of $2.5M, and assets of $3.5M (revenue -30.4% year-over-year).
2018: Revenue of $3.6M, expenses of $2.8M, and assets of $3.2M (revenue +46.7% year-over-year).
2017: Revenue of $2.4M, expenses of $2.5M, and assets of $2.0M (revenue -5.9% year-over-year).
2016: Revenue of $2.6M, expenses of $2.6M, and assets of $2.1M (revenue -7.8% year-over-year).
2015: Revenue of $2.8M, expenses of $2.8M, and assets of $2.3M (revenue +8.9% year-over-year).
2014: Revenue of $2.6M, expenses of $2.3M, and assets of $1.9M (revenue -3.9% year-over-year).
2013: Revenue of $2.7M, expenses of $2.3M, and assets of $1.6M (revenue +10.1% year-over-year).
2012: Revenue of $2.4M, expenses of $2.5M, and assets of $1.2M (revenue -6.9% year-over-year).
2011: Revenue of $2.6M, expenses of $2.5M, and assets of $1.4M.

Data Sources and Methodology

This transparency report for International Isocyanate 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.