Molar Express
Molar Express maintains consistent operations with no reported officer compensation, experiencing occasional deficits.
EIN: 204668254 · Newport, RI · NTEE: E12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $497K |
| Total Expenses | $455K |
| Program Spending | 80% |
| Net Assets | $164K |
| Transparency Score | 85/100 |
Is Molar Express Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Molar Express directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Molar Express
Molar Express (EIN: 204668254) is a nonprofit organization based in Newport, RI, classified under NTEE code E12. The organization reported total revenue of $497K and total assets of $285K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Molar Express's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Molar Express is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $429K |
| Total Expenses | $455K |
| Surplus / Deficit | $-26,361 |
| Total Assets | $164K |
| Net Assets | $164K |
| Operating Margin | -6.1% |
| Months of Reserves | 4.3 months |
Financial Health Grade: B
In 2024, Molar Express reported a deficit of $26K with expenses exceeding revenue, holds 4.3 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2011–2024), Molar Express's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +13.3% | +33.8% | -33.4% |
| 2023 | -25.8% | -26.5% | +33.6% |
| 2022 | +11.0% | +5.7% | +32.2% |
| 2021 | +31.3% | +29.3% | +14.1% |
| 2020 | -23.1% | -20.0% | +19.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Molar Express 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Molar Express 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
Executive Compensation Analysis
Molar Express consistently reports 0% officer compensation across all 14 filings, indicating that no salaries or other compensation are paid to its officers, which is highly unusual for an organization of its size and operational history.
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 Molar Express's IRS 990 filings:
- Occasional periods of expenses exceeding revenue (e.g., 202406, 201806), indicating potential operational deficits.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Molar Express:
- Consistent reporting of 0% officer compensation across all 14 filings, demonstrating a strong commitment to minimizing executive overhead.
- Long history of consistent IRS 990 filings (14 filings), indicating good transparency and compliance.
- General trend of increasing assets over the past decade, from $87,958 in 2015 to $284,824 currently.
- Stable revenue generation, consistently operating in the range of $350,000 to $500,000 annually.
Frequently Asked Questions about Molar Express
Is Molar Express a legitimate charity?
Based on AI analysis of IRS 990 filings, Molar Express (EIN: 204668254) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Molar Express spend its money?
Molar Express directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Molar Express tax-deductible?
Molar Express is registered as a tax-exempt nonprofit (EIN: 204668254). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Molar Express's spending goes to programs?
Molar Express directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Molar Express compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Molar Express is above average for NTEE category E12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Molar Express located?
Molar Express is headquartered in Newport, Rhode Island and files with the IRS under EIN 204668254. It is classified under NTEE code E12.
How many years of IRS 990 filings does Molar Express have?
Molar Express has 14 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 $497K in total revenue.
Is Molar Express a good charity?
Based on the available data, Molar Express appears to be a well-intentioned organization with a strong commitment to minimizing executive compensation (0% reported). Its consistent operations and asset growth suggest stability. However, without detailed expense breakdowns, it's challenging to fully assess program efficiency.
How does Molar Express manage its expenses?
Molar Express has experienced periods where expenses exceeded revenue, such as in 202406 and 201806. While overall expenses are generally in line with revenue, these deficits suggest a need for careful financial planning and expense management to ensure long-term solvency.
What is the trend in Molar Express's assets?
Molar Express has shown a general upward trend in assets, growing from $87,958 in 2015 to $284,824 currently, despite some year-to-year fluctuations. This indicates a growing financial base.
Does Molar Express pay its officers?
No, Molar Express consistently reports 0% officer compensation in all 14 available IRS 990 filings, indicating that no compensation is paid to its officers.
Filing History
IRS 990 filing history for Molar Express showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Molar Express's revenue has declined by 9.3%, moving from $472K to $429K. Total assets decreased by 10.7% over the same period, from $183K to $164K. Total functional expenses fell by 48.6%, from $885K to $455K. In its most recent filing year (2024), Molar Express reported a deficit of $26K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $429K | $455K | $164K | $0 | — | — |
| 2023 | $378K | $340K | $246K | $56K | — | View 990 |
| 2022 | $510K | $463K | $184K | $32K | — | View 990 |
| 2021 | $459K | $438K | $139K | $34K | — | — |
| 2020 | $350K | $339K | $122K | $38K | — | View 990 |
| 2019 | $454K | $424K | $102K | $29K | — | View 990 |
| 2018 | $475K | $494K | $124K | $92K | — | View 990 |
| 2017 | $423K | $466K | $83K | $31K | — | View 990 |
| 2016 | $454K | $416K | $129K | $33K | — | View 990 |
| 2015 | $496K | $386K | $88K | $30K | — | View 990 |
| 2014 | $368K | $381K | $72K | $14K | — | View 990 |
| 2013 | $451K | $799K | $105K | $34K | — | View 990 |
| 2012 | $441K | $501K | $124K | $34K | — | View 990 |
| 2011 | $472K | $885K | $183K | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $429K, expenses of $455K, and assets of $164K (revenue +13.3% year-over-year).
- 2023: Revenue of $378K, expenses of $340K, and assets of $246K (revenue -25.8% year-over-year).
- 2022: Revenue of $510K, expenses of $463K, and assets of $184K (revenue +11.0% year-over-year).
- 2021: Revenue of $459K, expenses of $438K, and assets of $139K (revenue +31.3% year-over-year).
- 2020: Revenue of $350K, expenses of $339K, and assets of $122K (revenue -23.1% year-over-year).
- 2019: Revenue of $454K, expenses of $424K, and assets of $102K (revenue -4.4% year-over-year).
- 2018: Revenue of $475K, expenses of $494K, and assets of $124K (revenue +12.5% year-over-year).
- 2017: Revenue of $423K, expenses of $466K, and assets of $83K (revenue -7.0% year-over-year).
- 2016: Revenue of $454K, expenses of $416K, and assets of $129K (revenue -8.5% year-over-year).
- 2015: Revenue of $496K, expenses of $386K, and assets of $88K (revenue +35.0% year-over-year).
- 2014: Revenue of $368K, expenses of $381K, and assets of $72K (revenue -18.4% year-over-year).
- 2013: Revenue of $451K, expenses of $799K, and assets of $105K (revenue +2.2% year-over-year).
- 2012: Revenue of $441K, expenses of $501K, and assets of $124K (revenue -6.6% year-over-year).
- 2011: Revenue of $472K, expenses of $885K, and assets of $183K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Molar Express:
Data Sources and Methodology
This transparency report for Molar Express 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.