Nar Incorporated
Nar Incorporated consistently operates near break-even with growing revenue and no reported officer compensation.
EIN: 208734514 · Edinburg, TX · NTEE: K30 · Updated: 2026-03-28
Is Nar Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nar Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nar Incorporated
Nar Incorporated (EIN: 208734514) is a nonprofit organization based in Edinburg, TX, classified under NTEE code K30. The organization reported total revenue of $7.1M and total assets of $750K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nar Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nar Incorporated is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.6M |
| Total Expenses | $6.6M |
| Surplus / Deficit | +$24K |
| Total Assets | $782K |
| Total Liabilities | $621K |
| Net Assets | $161K |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 79.5% |
| Months of Reserves | 1.4 months |
Financial Health Grade: B
In 2023, Nar Incorporated reported a surplus of $24K with revenue exceeding expenses, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 79.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nar Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.7% | +5.0% | +32.8% |
| 2022 | +3.9% | +6.2% | -9.3% |
| 2021 | +12.4% | +10.3% | +25.6% |
| 2020 | +8.7% | +8.9% | +39.4% |
| 2019 | +11.9% | +10.8% | +11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Nar Incorporated with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, Nar Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 79.5%.
Executive Compensation Analysis
Nar Incorporated consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer categories, which is highly unusual for an organization with over $6 million in annual revenue.
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 Nar Incorporated's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency assessment difficult.
- Consistent 0% officer compensation is highly unusual for an organization with over $6 million in revenue and may indicate compensation is reported in other categories or that leadership is entirely volunteer, which could raise questions about sustainability or reporting practices.
Strengths
The following positive indicators were identified for Nar Incorporated:
- Consistent revenue growth over the past decade, from $3.4M in 2014 to $6.6M in 2023.
- Stable financial operations with expenses closely matching revenues, indicating responsible budgeting.
- Positive asset growth, with assets increasing from $334,598 in 2014 to $781,807 in 2023.
- Consistent IRS 990 filing history (13 filings), demonstrating compliance and transparency in reporting.
Frequently Asked Questions about Nar Incorporated
Is Nar Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Nar Incorporated (EIN: 208734514) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Nar Incorporated spend its money?
Nar Incorporated directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nar Incorporated tax-deductible?
Nar Incorporated is registered as a tax-exempt nonprofit (EIN: 208734514). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Nar Incorporated a good charity?
Based on the available data, Nar Incorporated appears to be a financially stable organization with consistent revenue growth and a history of operating near break-even, indicating responsible financial management. The absence of reported officer compensation is a unique characteristic that could suggest a high dedication to mission, though further detail on overall compensation structures would provide more clarity.
How does Nar Incorporated manage its expenses?
Nar Incorporated consistently manages its expenses to be very close to its revenues, as seen in the 202312 period where expenses were $6,620,904 against revenues of $6,644,661. This indicates a tight operational budget and a focus on utilizing funds for current activities rather than accumulating large reserves or incurring significant deficits.
What is the trend in Nar Incorporated's financial growth?
Nar Incorporated has shown consistent financial growth over the past decade, with revenue increasing from $3,441,061 in 2014 to $6,644,661 in 2023. This nearly doubling of revenue suggests a growing capacity and impact for the organization.
Are there any concerns regarding executive compensation?
The provided data consistently shows 0% officer compensation for Nar Incorporated across all filings. While this could be a positive indicator of low overhead, it is also unusual for an organization of this size and might warrant further inquiry into how leadership is compensated, if at all, to ensure full transparency.
Filing History
IRS 990 filing history for Nar Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nar Incorporated's revenue has grown by 225.4%, moving from $2.0M to $6.6M. Total assets increased by 311.2% over the same period, from $190K to $782K. Total functional expenses rose by 224.9%, from $2.0M to $6.6M. In its most recent filing year (2023), Nar Incorporated reported a surplus of $24K, with revenue exceeding expenses. The organization holds $621K in liabilities against $782K in assets (debt-to-asset ratio: 79.5%), resulting in net assets of $161K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.6M | $6.6M | $782K | $621K | — | — |
| 2022 | $6.3M | $6.3M | $589K | $441K | — | View 990 |
| 2021 | $6.0M | $5.9M | $649K | $485K | — | View 990 |
| 2020 | $5.4M | $5.4M | $517K | $468K | — | View 990 |
| 2019 | $4.9M | $4.9M | $371K | $320K | — | View 990 |
| 2018 | $4.4M | $4.5M | $332K | $287K | — | — |
| 2017 | $4.3M | $4.2M | $384K | $301K | — | View 990 |
| 2016 | $4.1M | $4.1M | $320K | $266K | — | View 990 |
| 2015 | $4.0M | $4.0M | $367K | $299K | — | View 990 |
| 2014 | $3.4M | $3.4M | $335K | $273K | — | View 990 |
| 2013 | $3.1M | $3.1M | $255K | $224K | — | View 990 |
| 2012 | $2.4M | $2.4M | $211K | $189K | — | View 990 |
| 2011 | $2.0M | $2.0M | $190K | $170K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.6M, expenses of $6.6M, and assets of $782K (revenue +5.7% year-over-year).
- 2022: Revenue of $6.3M, expenses of $6.3M, and assets of $589K (revenue +3.9% year-over-year).
- 2021: Revenue of $6.0M, expenses of $5.9M, and assets of $649K (revenue +12.4% year-over-year).
- 2020: Revenue of $5.4M, expenses of $5.4M, and assets of $517K (revenue +8.7% year-over-year).
- 2019: Revenue of $4.9M, expenses of $4.9M, and assets of $371K (revenue +11.9% year-over-year).
- 2018: Revenue of $4.4M, expenses of $4.5M, and assets of $332K (revenue +4.0% year-over-year).
- 2017: Revenue of $4.3M, expenses of $4.2M, and assets of $384K (revenue +3.5% year-over-year).
- 2016: Revenue of $4.1M, expenses of $4.1M, and assets of $320K (revenue +2.1% year-over-year).
- 2015: Revenue of $4.0M, expenses of $4.0M, and assets of $367K (revenue +16.9% year-over-year).
- 2014: Revenue of $3.4M, expenses of $3.4M, and assets of $335K (revenue +12.0% year-over-year).
- 2013: Revenue of $3.1M, expenses of $3.1M, and assets of $255K (revenue +27.7% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.4M, and assets of $211K (revenue +17.8% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.0M, and assets of $190K.
Data Sources and Methodology
This transparency report for Nar Incorporated 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.