Materials Technology Institute Inc
Materials Technology Institute Inc consistently grows assets with no reported officer compensation.
EIN: 132892392 · Saint Louis, MO · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.9M |
| Transparency Score | 85/100 |
Is Materials Technology Institute Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Materials Technology Institute Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Materials Technology Institute Inc
Materials Technology Institute Inc (EIN: 132892392) is a nonprofit organization based in Saint Louis, MO. The organization reported total revenue of $3.0M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Materials Technology Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Materials Technology Institute Inc is a mid-size nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$379K |
| Total Assets | $3.9M |
| Total Liabilities | $1.0M |
| Net Assets | $2.9M |
| Operating Margin | 14.8% |
| Debt-to-Asset Ratio | 26.7% |
| Months of Reserves | 21.5 months |
Financial Health Grade: A
In 2023, Materials Technology Institute Inc reported a surplus of $379K with revenue exceeding expenses, holds 21.5 months of operating reserves (strong position), has a debt-to-asset ratio of 26.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2023), Materials Technology Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.1% | -12.6% | +14.1% |
| 2022 | +7.4% | +21.1% | -10.7% |
| 2021 | -11.8% | +12.1% | +9.5% |
| 2020 | +7.4% | -6.6% | +27.5% |
| 2019 | +6.1% | -8.8% | +27.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1978 |
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 Materials Technology Institute 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Materials Technology Institute Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $379K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of this size with revenues exceeding $2 million annually. This suggests either a fully volunteer executive leadership or that compensation is categorized differently, warranting further investigation for complete transparency.
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 Materials Technology Institute Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into how executive leadership is compensated or structured.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data limits a precise assessment of spending efficiency.
Strengths
The following positive indicators were identified for Materials Technology Institute Inc:
- Consistent asset growth, from $1,593,469 in 2016 to $3,908,063 in 2023, indicating strong financial management.
- Revenues generally exceed expenses, demonstrating financial stability.
- Consistent filing of IRS Form 990s over 13 periods, indicating good regulatory compliance and transparency.
- Low liabilities relative to assets, suggesting a healthy balance sheet.
- No reported officer compensation, which, if accurate, implies a high dedication of funds to the mission.
Frequently Asked Questions about Materials Technology Institute Inc
Is Materials Technology Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Materials Technology Institute Inc (EIN: 132892392) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Materials Technology Institute Inc spend its money?
Materials Technology Institute Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Materials Technology Institute Inc tax-deductible?
Materials Technology Institute Inc is registered as a tax-exempt nonprofit (EIN: 132892392). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Materials Technology Institute Inc CEO make?
Materials Technology Institute Inc's highest-compensated officer earns $2 annually. The organization reported $3.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Materials Technology Institute Inc located?
Materials Technology Institute Inc is headquartered in Saint Louis, Missouri and files with the IRS under EIN 132892392.
How many years of IRS 990 filings does Materials Technology Institute Inc have?
Materials Technology Institute Inc has 13 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 $3.0M in total revenue.
How does Materials Technology Institute Inc sustain its operations without reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could indicate a volunteer-led executive team, or that executive compensation is reported under other expense categories, which would require a deeper dive into their detailed financial statements to understand fully.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown. While the absence of officer compensation is positive, understanding the exact allocation of expenses to programs, administration, and fundraising is crucial for a complete efficiency assessment.
What is the NTEE code for Materials Technology Institute Inc?
The NTEE code for Materials Technology Institute Inc is currently unknown based on the provided data. This information would help classify the organization's primary activities.
How does the organization manage its liabilities relative to its assets?
The organization's assets have consistently grown, from $1,593,469 in 2016 to $3,908,063 in 2023, while liabilities have also increased but generally remain at a manageable level relative to assets (e.g., $1,042,075 liabilities against $3,908,063 assets in 2023), indicating sound financial management.
Has the organization experienced any significant financial deficits?
While most years show revenues exceeding expenses, there have been occasional periods where expenses slightly exceeded revenue, such as in 2022 ($2,455,959 revenue vs. $2,491,783 expenses) and 2017 ($2,196,195 revenue vs. $2,215,948 expenses). However, these deficits appear to be minor and have not significantly impacted overall asset growth.
Filing History
IRS 990 filing history for Materials Technology Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Materials Technology Institute Inc's revenue has grown by 51.3%, moving from $1.7M to $2.6M. Total assets increased by 27.4% over the same period, from $3.1M to $3.9M. Total functional expenses rose by 18%, from $1.8M to $2.2M. In its most recent filing year (2023), Materials Technology Institute Inc reported a surplus of $379K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $3.9M in assets (debt-to-asset ratio: 26.7%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.2M | $3.9M | $1.0M | — | View 990 |
| 2022 | $2.5M | $2.5M | $3.4M | $989K | — | View 990 |
| 2021 | $2.3M | $2.1M | $3.8M | $1.2M | — | View 990 |
| 2020 | $2.6M | $1.8M | $3.5M | $982K | — | — |
| 2019 | $2.4M | $2.0M | $2.7M | $981K | — | View 990 |
| 2018 | $2.3M | $2.2M | $2.2M | $844K | — | View 990 |
| 2017 | $2.2M | $2.2M | $1.9M | $684K | — | View 990 |
| 2016 | $2.1M | $2.2M | $1.6M | $374K | — | View 990 |
| 2015 | $1.0M | $1.3M | $1.9M | $632K | — | View 990 |
| 2015 | $2.0M | $2.1M | $2.7M | $1.1M | — | View 990 |
| 2014 | $1.9M | $2.0M | $2.7M | $1.0M | — | View 990 |
| 2013 | $1.8M | $2.1M | $2.9M | $1.1M | — | View 990 |
| 2012 | $1.7M | $1.8M | $3.1M | $951K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.2M, and assets of $3.9M (revenue +4.1% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.5M, and assets of $3.4M (revenue +7.4% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.1M, and assets of $3.8M (revenue -11.8% year-over-year).
- 2020: Revenue of $2.6M, expenses of $1.8M, and assets of $3.5M (revenue +7.4% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.0M, and assets of $2.7M (revenue +6.1% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.2M, and assets of $2.2M (revenue +3.5% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $1.9M (revenue +4.1% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.2M, and assets of $1.6M (revenue +103.5% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.3M, and assets of $1.9M (revenue -48.0% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.1M, and assets of $2.7M (revenue +4.9% year-over-year).
- 2014: Revenue of $1.9M, expenses of $2.0M, and assets of $2.7M (revenue +6.8% year-over-year).
- 2013: Revenue of $1.8M, expenses of $2.1M, and assets of $2.9M (revenue +5.3% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.8M, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Materials Technology Institute Inc:
Data Sources and Methodology
This transparency report for Materials Technology 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.