Nri Medical Research Foundation
Nri Medical Research Foundation shows a sudden drop to zero revenue and assets after years of stable multi-million dollar finances.
EIN: 201790143 · Fargo, ND · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $1.0M |
| Program Spending | 75% |
| Net Assets | $22.3M |
| Transparency Score | 65/100 |
Is Nri Medical Research Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nri Medical Research Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nri Medical Research Foundation
Nri Medical Research Foundation (EIN: 201790143) is a nonprofit organization based in Fargo, ND. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nri Medical Research Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nri Medical Research Foundation is a small nonprofit, with 6 years of IRS 990 filings on record (2012–2017). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $797K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-211,385 |
| Total Assets | $22.3M |
| Net Assets | $22.3M |
| Operating Margin | -26.5% |
| Months of Reserves | 265.9 months |
Financial Health Grade: B
In 2017, Nri Medical Research Foundation reported a deficit of $211K with expenses exceeding revenue, holds 265.9 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2012–2017), Nri Medical Research Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -44.7% | -1.3% | +7.8% |
| 2016 | -9.5% | +2.9% | -5.5% |
| 2015 | +10.8% | +1.7% | -2.2% |
| 2014 | +92.6% | +0.2% | +9.9% |
| 2013 | +25.5% | +0.4% | +5.7% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nri Medical Research Foundation with a Mission Score of 65 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: 75%
- fundraising: 10%
According to IRS 990 filings, Nri Medical Research Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $211K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that executive salaries are categorized differently, which could obscure a full understanding of compensation practices.
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 Nri Medical Research Foundation's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, a significant and unexplained departure from historical multi-million dollar figures.
- Consistent reporting of 0% officer compensation without further explanation, which could obscure executive pay practices.
- Expenses exceeded revenue in the 2017 period ($1,008,080 expenses vs. $796,695 revenue), indicating a deficit for that year.
Strengths
The following positive indicators were identified for Nri Medical Research Foundation:
- Maintained a substantial asset base, consistently over $19 million, for many years prior to the latest filing.
- Historically, revenues generally exceeded expenses, indicating financial stability in most periods.
- Consistent IRS 990 filing history (6 filings) demonstrates a commitment to regulatory compliance.
Frequently Asked Questions about Nri Medical Research Foundation
Is Nri Medical Research Foundation a legitimate charity?
Nri Medical Research Foundation (EIN: 201790143) is a registered tax-exempt nonprofit based in North Dakota. Our AI analysis gives it a Mission Score of 65/100. It has 6 years of IRS 990 filings on record. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Nri Medical Research Foundation spend its money?
Nri Medical Research Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Nri Medical Research Foundation tax-deductible?
Nri Medical Research Foundation is registered as a tax-exempt nonprofit (EIN: 201790143). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nri Medical Research Foundation's spending goes to programs?
Nri Medical Research Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Nri Medical Research Foundation located?
Nri Medical Research Foundation is headquartered in Fargo, North Dakota and files with the IRS under EIN 201790143.
How many years of IRS 990 filings does Nri Medical Research Foundation have?
Nri Medical Research Foundation has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What caused the sudden drop to $0 in revenue and assets in the latest filing?
The provided data shows a dramatic shift from multi-million dollar revenues and assets in previous years to $0 in the latest period. This could indicate a cessation of operations, a merger, a significant reporting change, or an error in the data provided. Further investigation into the specific filing for that period would be necessary to understand this change.
How does the organization sustain its operations with 0% reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that executive salaries are included within other expense categories, which would require more detailed financial statements to clarify.
What is the NTEE Code and specific mission of the Nri Medical Research Foundation?
The NTEE Code is listed as 'Unknown' in the provided data. Without this code or a mission statement, it's difficult to fully assess the organization's specific programmatic focus and how its spending aligns with its stated goals.
Filing History
IRS 990 filing history for Nri Medical Research Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2017), Nri Medical Research Foundation's revenue has grown by 33.8%, moving from $595K to $797K. Total assets increased by 15.8% over the same period, from $19.3M to $22.3M. Total functional expenses rose by 3.9%, from $970K to $1.0M. In its most recent filing year (2017), Nri Medical Research Foundation reported a deficit of $211K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $797K | $1.0M | $22.3M | $0 | — | View 990 |
| 2016 | $1.4M | $1.0M | $20.7M | $0 | — | View 990 |
| 2015 | $1.6M | $993K | $21.9M | $0 | — | View 990 |
| 2014 | $1.4M | $976K | $22.4M | $0 | — | View 990 |
| 2013 | $747K | $974K | $20.4M | $0 | — | View 990 |
| 2012 | $595K | $970K | $19.3M | $85K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $797K, expenses of $1.0M, and assets of $22.3M (revenue -44.7% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.0M, and assets of $20.7M (revenue -9.5% year-over-year).
- 2015: Revenue of $1.6M, expenses of $993K, and assets of $21.9M (revenue +10.8% year-over-year).
- 2014: Revenue of $1.4M, expenses of $976K, and assets of $22.4M (revenue +92.6% year-over-year).
- 2013: Revenue of $747K, expenses of $974K, and assets of $20.4M (revenue +25.5% year-over-year).
- 2012: Revenue of $595K, expenses of $970K, and assets of $19.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nri Medical Research Foundation:
Data Sources and Methodology
This transparency report for Nri Medical Research Foundation 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.