Marine Bio Technologies Center Of Innovation (Mbcoi)
EIN: 455491911 · Wilmington, NC
| Metric | Value |
|---|---|
| Total Expenses | $431K |
| Net Assets | $220K |
Is Marine Bio Technologies Center Of Innovation (Mbcoi) Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marine Bio Technologies Center Of Innovation (Mbcoi)
Marine Bio Technologies Center Of Innovation (Mbcoi) (EIN: 455491911) is a nonprofit organization based in Wilmington, NC. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marine Bio Technologies Center Of Innovation (Mbcoi)'s financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marine Bio Technologies Center Of Innovation (Mbcoi) is a small nonprofit, with 5 years of IRS 990 filings on record (2013–2017). Revenue has grown at a compound annual rate of -15.2%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $481K |
| Total Expenses | $431K |
| Surplus / Deficit | +$51K |
| Total Assets | $232K |
| Total Liabilities | $12K |
| Net Assets | $220K |
| Operating Margin | 10.5% |
| Debt-to-Asset Ratio | 5.0% |
| Months of Reserves | 6.5 months |
Financial Health Grade: A
In 2017, Marine Bio Technologies Center Of Innovation (Mbcoi) reported a surplus of $51K with revenue exceeding expenses, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 5.0% (very low leverage).
Financial Trends
Over 5 years of filings (2013–2017), Marine Bio Technologies Center Of Innovation (Mbcoi)'s revenue has declined at a compound annual growth rate (CAGR) of -15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +94.8% | -5.5% | +28.9% |
| 2016 | -60.0% | -29.3% | -60.7% |
| 2015 | -15.1% | -16.2% | -0.3% |
| 2014 | -21.7% | +58.9% | -4.5% |
AI Analysis Pending
AI enrichment for Marine Bio Technologies Center Of Innovation (Mbcoi) has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Marine Bio Technologies Center Of Innovation (Mbcoi) with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $51K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.0%.
Frequently Asked Questions about Marine Bio Technologies Center Of Innovation (Mbcoi)
Is Marine Bio Technologies Center Of Innovation (Mbcoi) a legitimate charity?
Marine Bio Technologies Center Of Innovation (Mbcoi) (EIN: 455491911) is a registered tax-exempt nonprofit based in North Carolina. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Marine Bio Technologies Center Of Innovation (Mbcoi) spend its money?
Marine Bio Technologies Center Of Innovation (Mbcoi) reported its financials in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Marine Bio Technologies Center Of Innovation (Mbcoi) tax-deductible?
Marine Bio Technologies Center Of Innovation (Mbcoi) is registered as a tax-exempt nonprofit (EIN: 455491911). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marine Bio Technologies Center Of Innovation (Mbcoi) located?
Marine Bio Technologies Center Of Innovation (Mbcoi) is headquartered in Wilmington, North Carolina and files with the IRS under EIN 455491911.
How many years of IRS 990 filings does Marine Bio Technologies Center Of Innovation (Mbcoi) have?
Marine Bio Technologies Center Of Innovation (Mbcoi) has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Marine Bio Technologies Center Of Innovation (Mbcoi) showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2013–2017), Marine Bio Technologies Center Of Innovation (Mbcoi)'s revenue has declined by 48.3%, moving from $930K to $481K. Total assets decreased by 51.8% over the same period, from $481K to $232K. Total functional expenses fell by 11.1%, from $484K to $431K. In its most recent filing year (2017), Marine Bio Technologies Center Of Innovation (Mbcoi) reported a surplus of $51K, with revenue exceeding expenses. The organization holds $12K in liabilities against $232K in assets (debt-to-asset ratio: 5.0%), resulting in net assets of $220K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $481K | $431K | $232K | $12K | — | View 990 |
| 2016 | $247K | $456K | $180K | $10K | — | View 990 |
| 2015 | $618K | $645K | $457K | $79K | — | View 990 |
| 2014 | $728K | $770K | $459K | $54K | — | View 990 |
| 2013 | $930K | $484K | $481K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $481K, expenses of $431K, and assets of $232K (revenue +94.8% year-over-year).
- 2016: Revenue of $247K, expenses of $456K, and assets of $180K (revenue -60.0% year-over-year).
- 2015: Revenue of $618K, expenses of $645K, and assets of $457K (revenue -15.1% year-over-year).
- 2014: Revenue of $728K, expenses of $770K, and assets of $459K (revenue -21.7% year-over-year).
- 2013: Revenue of $930K, expenses of $484K, and assets of $481K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marine Bio Technologies Center Of Innovation (Mbcoi):
Data Sources and Methodology
This transparency report for Marine Bio Technologies Center Of Innovation (Mbcoi) 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.