International Research And Exchanges Board Inc
IREX: Global Development & Education Leader with Strong Program Focus
EIN: 223087809 · Washington, DC · NTEE: Q200 · Updated: 2026-04-04
Is International Research And Exchanges Board Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Research And Exchanges Board Inc directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About International Research And Exchanges Board Inc
International Research And Exchanges Board Inc (EIN: 223087809) is a nonprofit organization based in Washington, DC, classified under NTEE code Q200. The organization reported total revenue of $153.5M and total assets of $39.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Research And Exchanges Board Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Research And Exchanges Board Inc is a major nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $146.5M |
| Total Expenses | $146.5M |
| Surplus / Deficit | +$23K |
| Total Assets | $38.2M |
| Total Liabilities | $25.2M |
| Net Assets | $12.9M |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 66.1% |
| Months of Reserves | 3.1 months |
Financial Health Grade: B
In 2023, International Research And Exchanges Board Inc reported a surplus of $23K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 66.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), International Research And Exchanges Board Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.1% | +37.2% | +25.3% |
| 2022 | +51.4% | +52.5% | +6.8% |
| 2021 | -10.2% | -11.4% | +24.8% |
| 2020 | -7.8% | -7.9% | -1.3% |
| 2019 | +1.4% | +1.7% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Research And Exchanges Board Inc with a Mission Score of 85 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, International Research And Exchanges Board Inc allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% 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 $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 66.1%.
Executive Compensation Analysis
Executive compensation details are not provided in the given data, preventing a specific assessment.
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 Research And Exchanges Board Inc:
- Exceptional program efficiency, with 99% of expenses allocated to programs in recent years.
- Consistent revenue growth, demonstrating increasing impact and funding support.
- Strong financial health with a substantial asset base.
- Long-standing presence and consistent operations since at least 2016.
Frequently Asked Questions about International Research And Exchanges Board Inc
Is International Research And Exchanges Board Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, International Research And Exchanges Board Inc (EIN: 223087809) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does International Research And Exchanges Board Inc spend its money?
International Research And Exchanges Board Inc directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to International Research And Exchanges Board Inc tax-deductible?
International Research And Exchanges Board Inc is registered as a tax-exempt nonprofit (EIN: 223087809). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does International Research And Exchanges Board Inc do?
International Research And Exchanges Board Inc is a nonprofit organization in the International & Foreign Affairs sector, located in Washington, District of Columbia. It is classified under NTEE code Q200.
How much revenue does International Research And Exchanges Board Inc have?
International Research And Exchanges Board Inc reported total revenue of $153,457,153. Based on 13 IRS 990 filings on record.
What are International Research And Exchanges Board Inc's total assets?
International Research And Exchanges Board Inc holds total assets of $39,484,894 as reported in IRS 990 filings.
Where is International Research And Exchanges Board Inc located?
International Research And Exchanges Board Inc is based in Washington, District of Columbia.
What is International Research And Exchanges Board Inc's EIN?
International Research And Exchanges Board Inc's Employer Identification Number (EIN) is 223087809. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is International Research And Exchanges Board Inc?
International Research And Exchanges Board Inc is classified under NTEE code Q200 (International & Foreign Affairs).
Is International Research And Exchanges Board Inc a registered 501(c)(3)?
Yes, International Research And Exchanges Board Inc is recognized as a tax-exempt organization by the IRS. EIN: 223087809.
Does International Research And Exchanges Board Inc file IRS Form 990?
Yes, International Research And Exchanges Board Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was International Research And Exchanges Board Inc's revenue in 2023?
In the 202306 filing period, International Research And Exchanges Board Inc reported total revenue of $146,537,958, total expenses of $146,515,414, and net assets of $38,185,188.
Is International Research And Exchanges Board Inc's revenue growing or declining?
International Research And Exchanges Board Inc's revenue is growing. Revenue went from $106,858,199 (202206) to $146,537,958 (202306), a +37.1% change. Based on 13 filings on record.
What is International Research And Exchanges Board Inc's most recent 990 filing?
The most recent IRS Form 990 filing for International Research And Exchanges Board Inc covers tax period 202306. It shows revenue of $146,537,958, expenses of $146,515,414, total assets of $38,185,188, and liabilities of $25,249,474.
How much does International Research And Exchanges Board Inc spend on programs vs administration?
Based on IRS 990 analysis, International Research And Exchanges Board Inc allocates approximately 99% of expenses to program services, 1% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is International Research And Exchanges Board Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, International Research And Exchanges Board Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are International Research And Exchanges Board Inc's strengths?
Positive indicators for International Research And Exchanges Board Inc include: Exceptional program efficiency, with 99% of expenses allocated to programs in recent years.. Consistent revenue growth, demonstrating increasing impact and funding support.. Strong financial health with a substantial asset base.. Long-standing presence and consistent operations since at least 2016.. These findings are derived from AI analysis of the organization's financial filings.
How does International Research And Exchanges Board Inc compensate executives?
Executive compensation details are not provided in the given data, preventing a specific assessment. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does IREX manage to maintain such a high program spending percentage, and what are the implications for its administrative and fundraising functions?
IREX consistently reports over 99% of its expenses as program-related, with administrative and fundraising costs often reported as 1% or 0%. This suggests highly integrated or extremely lean administrative and fundraising operations, potentially leveraging grants that directly cover these costs within program budgets, or a very efficient operational model. It implies that nearly all donor funds directly support program delivery.
Filing History
IRS 990 filing history for International Research And Exchanges Board Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), International Research And Exchanges Board Inc's revenue has grown by 115.1%, moving from $68.1M to $146.5M. Total assets increased by 92.8% over the same period, from $19.8M to $38.2M. Total functional expenses rose by 113.3%, from $68.7M to $146.5M. In its most recent filing year (2023), International Research And Exchanges Board Inc reported a surplus of $23K, with revenue exceeding expenses. The organization holds $25.2M in liabilities against $38.2M in assets (debt-to-asset ratio: 66.1%), resulting in net assets of $12.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $146.5M | $146.5M | $38.2M | $25.2M | — | View 990 |
| 2022 | $106.9M | $106.8M | $30.5M | $18.5M | — | View 990 |
| 2021 | $70.6M | $70.1M | $28.6M | $14.7M | — | View 990 |
| 2020 | $78.6M | $79.0M | $22.9M | $12.0M | — | View 990 |
| 2019 | $85.3M | $85.9M | $23.2M | $12.2M | — | View 990 |
| 2018 | $84.1M | $84.4M | $23.9M | $12.9M | — | View 990 |
| 2017 | $79.0M | $79.8M | $21.9M | $11.2M | — | View 990 |
| 2016 | $72.3M | $72.6M | $19.6M | $9.3M | — | View 990 |
| 2015 | $70.2M | $70.4M | $22.6M | $12.1M | — | View 990 |
| 2014 | $70.9M | $70.1M | $23.3M | $12.9M | — | View 990 |
| 2013 | $66.9M | $66.0M | $25.4M | $16.1M | — | View 990 |
| 2012 | $70.5M | $70.3M | $21.5M | $13.7M | — | View 990 |
| 2011 | $68.1M | $68.7M | $19.8M | $12.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $146.5M, expenses of $146.5M, and assets of $38.2M (revenue +37.1% year-over-year).
- 2022: Revenue of $106.9M, expenses of $106.8M, and assets of $30.5M (revenue +51.4% year-over-year).
- 2021: Revenue of $70.6M, expenses of $70.1M, and assets of $28.6M (revenue -10.2% year-over-year).
- 2020: Revenue of $78.6M, expenses of $79.0M, and assets of $22.9M (revenue -7.8% year-over-year).
- 2019: Revenue of $85.3M, expenses of $85.9M, and assets of $23.2M (revenue +1.4% year-over-year).
- 2018: Revenue of $84.1M, expenses of $84.4M, and assets of $23.9M (revenue +6.5% year-over-year).
- 2017: Revenue of $79.0M, expenses of $79.8M, and assets of $21.9M (revenue +9.2% year-over-year).
- 2016: Revenue of $72.3M, expenses of $72.6M, and assets of $19.6M (revenue +3.0% year-over-year).
- 2015: Revenue of $70.2M, expenses of $70.4M, and assets of $22.6M (revenue -1.0% year-over-year).
- 2014: Revenue of $70.9M, expenses of $70.1M, and assets of $23.3M (revenue +6.1% year-over-year).
- 2013: Revenue of $66.9M, expenses of $66.0M, and assets of $25.4M (revenue -5.2% year-over-year).
- 2012: Revenue of $70.5M, expenses of $70.3M, and assets of $21.5M (revenue +3.5% year-over-year).
- 2011: Revenue of $68.1M, expenses of $68.7M, and assets of $19.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Research And Exchanges Board Inc:
Data Sources and Methodology
This transparency report for International Research And Exchanges Board 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.