National Oceans And Applications Research Center
EIN: 460876558 · Kiln, MS · NTEE: C32
| Metric | Value |
|---|---|
| Total Revenue | $843K |
| Total Expenses | $882K |
| Net Assets | $-39,028 |
Is National Oceans And Applications Research Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About National Oceans And Applications Research Center
National Oceans And Applications Research Center (EIN: 460876558) is a nonprofit organization based in Kiln, MS, classified under NTEE code C32. The organization reported total revenue of $843K and total assets of $401K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Oceans And Applications Research Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Oceans And Applications Research Center is a small nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2016–2022). Revenue has grown at a compound annual rate of 15.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $878K |
| Total Expenses | $882K |
| Surplus / Deficit | $-4,198 |
| Total Assets | $168K |
| Total Liabilities | $207K |
| Net Assets | $-39,028 |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 123.3% |
| Months of Reserves | 2.3 months |
Financial Health Grade: D
In 2022, National Oceans And Applications Research Center reported a deficit of $4K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 123.3% (high leverage).
Financial Trends
Over 7 years of filings (2016–2022), National Oceans And Applications Research Center's revenue has grown at a compound annual growth rate (CAGR) of 15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +23.4% | +20.1% | -20.3% |
| 2021 | -38.3% | -36.6% | -56.4% |
| 2020 | +30.2% | +30.6% | +40.7% |
| 2019 | +263.3% | +260.0% | +362.8% |
| 2018 | +27.7% | +25.1% | +596.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for National Oceans And Applications Research Center 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 National Oceans And Applications Research Center 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 123.3%.
Frequently Asked Questions about National Oceans And Applications Research Center
Is National Oceans And Applications Research Center a legitimate charity?
Based on AI analysis of IRS 990 filings, National Oceans And Applications Research Center (EIN: 460876558) insufficient data. 0 red flags identified, 0 strengths noted.
How does National Oceans And Applications Research Center spend its money?
Detailed spending breakdown data is not yet available for National Oceans And Applications Research Center. Check back for updated IRS 990 analysis.
Are donations to National Oceans And Applications Research Center tax-deductible?
National Oceans And Applications Research Center is registered as a tax-exempt nonprofit (EIN: 460876558). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is National Oceans And Applications Research Center located?
National Oceans And Applications Research Center is headquartered in Kiln, Mississippi and files with the IRS under EIN 460876558. It is classified under NTEE code C32.
How many years of IRS 990 filings does National Oceans And Applications Research Center have?
National Oceans And Applications Research Center has 7 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 $843K in total revenue.
Filing History
IRS 990 filing history for National Oceans And Applications Research Center showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2022), National Oceans And Applications Research Center's revenue has grown by 137.8%, moving from $369K to $878K. Total assets increased by 526.7% over the same period, from $27K to $168K. Total functional expenses rose by 137%, from $372K to $882K. In its most recent filing year (2022), National Oceans And Applications Research Center reported a deficit of $4K, with expenses exceeding revenue. The organization holds $207K in liabilities against $168K in assets (debt-to-asset ratio: 123.3%), resulting in net assets of $-39,028.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $878K | $882K | $168K | $207K | — | View 990 |
| 2021 | $711K | $734K | $210K | $245K | — | View 990 |
| 2020 | $1.2M | $1.2M | $482K | $494K | — | View 990 |
| 2019 | $886K | $887K | $342K | $349K | — | View 990 |
| 2018 | $244K | $246K | $74K | $79K | — | View 990 |
| 2017 | $191K | $197K | $11K | $13K | — | View 990 |
| 2016 | $369K | $372K | $27K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $878K, expenses of $882K, and assets of $168K (revenue +23.4% year-over-year).
- 2021: Revenue of $711K, expenses of $734K, and assets of $210K (revenue -38.3% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.2M, and assets of $482K (revenue +30.2% year-over-year).
- 2019: Revenue of $886K, expenses of $887K, and assets of $342K (revenue +263.3% year-over-year).
- 2018: Revenue of $244K, expenses of $246K, and assets of $74K (revenue +27.7% year-over-year).
- 2017: Revenue of $191K, expenses of $197K, and assets of $11K (revenue -48.3% year-over-year).
- 2016: Revenue of $369K, expenses of $372K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Oceans And Applications Research Center:
Data Sources and Methodology
This transparency report for National Oceans And Applications Research Center 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.