Nipera Inc
Nipera Inc. consistently operates with liabilities exceeding assets despite stable revenue and no reported officer compensation.
EIN: 133070077 · Durham, NC · Updated: 2026-03-28
Is Nipera Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nipera Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nipera Inc
Nipera Inc (EIN: 133070077) is a nonprofit organization based in Durham, NC. The organization reported total revenue of $4.2M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nipera Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nipera Inc is a mid-size nonprofit that has been operating for 45 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $4.4M |
| Surplus / Deficit | +$263K |
| Total Assets | $1.6M |
| Total Liabilities | $1.6M |
| Net Assets | $-2,127 |
| Operating Margin | 5.6% |
| Debt-to-Asset Ratio | 100.1% |
| Months of Reserves | 4.4 months |
Financial Health Grade: A
In 2023, Nipera Inc reported a surplus of $263K with revenue exceeding expenses, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 100.1% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Nipera Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.4% | -5.7% | +39.2% |
| 2022 | -0.9% | -2.2% | -3.7% |
| 2021 | +32.2% | +31.2% | -18.5% |
| 2020 | -12.6% | -0.2% | -2.8% |
| 2019 | +26.1% | +11.7% | +109.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Nipera Inc with a Mission Score of 70 out of 100 (Good). 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, Nipera Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $263K, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.1%.
Executive Compensation Analysis
Nipera Inc. consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual for an organization of its size with revenues exceeding $4 million annually.
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 Nipera Inc's IRS 990 filings:
- Consistent negative net asset position (liabilities exceed assets)
- Lack of detailed functional expense breakdown in provided data
- Unusually low (0%) reported officer compensation for an organization of this revenue size
Strengths
The following positive indicators were identified for Nipera Inc:
- Consistent revenue generation over time
- Growth in total assets over the past decade (from $730,383 in 2011 to $1,607,044 in 2023)
- No reported officer compensation, indicating funds are not used for executive salaries
Frequently Asked Questions about Nipera Inc
Is Nipera Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nipera Inc (EIN: 133070077) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Nipera Inc spend its money?
Nipera Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nipera Inc tax-deductible?
Nipera Inc is registered as a tax-exempt nonprofit (EIN: 133070077). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why do Nipera Inc.'s liabilities consistently exceed its assets?
Nipera Inc. has consistently reported liabilities greater than its assets across all available filings. For example, in 2023, assets were $1,607,044 while liabilities were $1,609,171. This suggests a structural reliance on debt or deferred revenue, or potentially a unique accounting structure that requires further investigation to understand the long-term financial implications.
What is the nature of Nipera Inc.'s expenses given the 0% officer compensation?
With 0% officer compensation reported across all filings, the organization's expenses, which were $4,408,765 in 2023, are primarily allocated to other operational costs. Without a detailed functional expense breakdown, it's difficult to pinpoint the exact distribution between program services, administrative overhead, and fundraising, but it implies a significant portion goes to non-executive staff, direct program costs, or other operational necessities.
How does Nipera Inc. sustain operations with a negative net asset position?
Operating with liabilities consistently exceeding assets (e.g., 2023 net assets of -$2,127) indicates a negative net asset position. This can be sustained if the organization has reliable incoming revenue streams that cover its ongoing operational expenses, even if it carries significant debt or deferred obligations. It suggests a 'cash flow positive' operation despite a 'balance sheet negative' position, but it's a financial structure that typically carries higher risk.
Filing History
IRS 990 filing history for Nipera Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Nipera Inc's revenue has grown by 40.7%, moving from $3.3M to $4.7M. Total assets increased by 120% over the same period, from $730K to $1.6M. Total functional expenses rose by 37%, from $3.2M to $4.4M. In its most recent filing year (2023), Nipera Inc reported a surplus of $263K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $1.6M in assets (debt-to-asset ratio: 100.1%), resulting in net assets of $-2,127.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $4.4M | $1.6M | $1.6M | — | View 990 |
| 2022 | $4.8M | $4.7M | $1.2M | $1.4M | — | View 990 |
| 2021 | $4.8M | $4.8M | $1.2M | $1.6M | — | View 990 |
| 2020 | $3.7M | $3.6M | $1.5M | $1.9M | — | — |
| 2019 | $4.2M | $3.6M | $1.5M | $2.0M | — | View 990 |
| 2015 | $3.3M | $3.3M | $722K | $1.7M | — | View 990 |
| 2014 | $3.2M | $3.4M | $510K | $1.5M | — | View 990 |
| 2013 | $3.5M | $3.2M | $709K | $1.5M | — | View 990 |
| 2012 | $3.1M | $3.7M | $738K | $1.7M | — | View 990 |
| 2011 | $3.3M | $3.2M | $730K | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $4.4M, and assets of $1.6M (revenue -2.4% year-over-year).
- 2022: Revenue of $4.8M, expenses of $4.7M, and assets of $1.2M (revenue -0.9% year-over-year).
- 2021: Revenue of $4.8M, expenses of $4.8M, and assets of $1.2M (revenue +32.2% year-over-year).
- 2020: Revenue of $3.7M, expenses of $3.6M, and assets of $1.5M (revenue -12.6% year-over-year).
- 2019: Revenue of $4.2M, expenses of $3.6M, and assets of $1.5M (revenue +26.1% year-over-year).
- 2015: Revenue of $3.3M, expenses of $3.3M, and assets of $722K (revenue +4.6% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.4M, and assets of $510K (revenue -9.9% year-over-year).
- 2013: Revenue of $3.5M, expenses of $3.2M, and assets of $709K (revenue +12.0% year-over-year).
- 2012: Revenue of $3.1M, expenses of $3.7M, and assets of $738K (revenue -5.4% year-over-year).
- 2011: Revenue of $3.3M, expenses of $3.2M, and assets of $730K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nipera Inc:
Data Sources and Methodology
This transparency report for Nipera 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.