Oregon Nanoscience And Microtechnologies Institute

Is Oregon Nanoscience And Microtechnologies Institute Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Oregon Nanoscience And Microtechnologies Institute directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Oregon Nanoscience And Microtechnologies Institute

Oregon Nanoscience And Microtechnologies Institute (EIN: 202630181) is a nonprofit organization based in Corvallis, OR, classified under NTEE code B99. The organization reported total revenue of $1.8M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oregon Nanoscience And Microtechnologies Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Oregon Nanoscience And Microtechnologies Institute is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -8.3%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2024, Oregon Nanoscience And Microtechnologies Institute reported a surplus of $115K with revenue exceeding expenses, holds 35.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).

Financial Trends

Over 13 years of filings (2012–2024), Oregon Nanoscience And Microtechnologies Institute's revenue has declined at a compound annual growth rate (CAGR) of -8.3%.

IRS Tax-Exempt Classification

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 Oregon Nanoscience And Microtechnologies Institute with a Mission Score of 92 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: 8%
• programs: 90%
• fundraising: 2%

According to IRS 990 filings, Oregon Nanoscience And Microtechnologies Institute allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 surplus of $115K, with revenue exceeding expenses.
• Debt-to-asset ratio: 1.4%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size and suggests a strong commitment to directing all funds towards its operational mission.

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 Oregon Nanoscience And Microtechnologies Institute's IRS 990 filings:

• No reported officer compensation, which, while positive for mission allocation, can sometimes indicate officers are compensated through other entities or are entirely volunteer, which might not be sustainable long-term for leadership roles.

Strengths

The following positive indicators were identified for Oregon Nanoscience And Microtechnologies Institute:

• Consistent positive net income, with revenue consistently exceeding expenses (e.g., $1,388,094 revenue vs. $1,273,201 expenses in 2024).
• Zero reported officer compensation across all filings, indicating high efficiency in directing funds to mission.
• Growing asset base, reaching $3,754,720 in 2024, demonstrating financial growth and stability.
• Low liabilities relative to assets ($52,061 liabilities vs. $3,754,720 assets in 2024), indicating strong financial health.
• Consistent IRS 990 filing history (13 filings), showing commitment to transparency and compliance.

Frequently Asked Questions about Oregon Nanoscience And Microtechnologies Institute

Filing History

IRS 990 filing history for Oregon Nanoscience And Microtechnologies Institute showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Oregon Nanoscience And Microtechnologies Institute's revenue has declined by 64.7%, moving from $3.9M to $1.4M. Total assets increased by 72.9% over the same period, from $2.2M to $3.8M. Total functional expenses fell by 67.3%, from $3.9M to $1.3M. In its most recent filing year (2024), Oregon Nanoscience And Microtechnologies Institute reported a surplus of $115K, with revenue exceeding expenses. The organization holds $52K in liabilities against $3.8M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $3.7M.

Year-by-Year Financial Summary

• 2024: Revenue of $1.4M, expenses of $1.3M, and assets of $3.8M (revenue -11.8% year-over-year).
• 2023: Revenue of $1.6M, expenses of $1.4M, and assets of $3.7M (revenue +29.3% year-over-year).
• 2022: Revenue of $1.2M, expenses of $1.0M, and assets of $4.3M (revenue +28.4% year-over-year).
• 2021: Revenue of $947K, expenses of $694K, and assets of $2.8M (revenue -39.5% year-over-year).
• 2020: Revenue of $1.6M, expenses of $959K, and assets of $2.5M (revenue +31.2% year-over-year).
• 2019: Revenue of $1.2M, expenses of $1.0M, and assets of $2.5M (revenue -52.5% year-over-year).
• 2018: Revenue of $2.5M, expenses of $2.5M, and assets of $2.3M (revenue -20.0% year-over-year).
• 2017: Revenue of $3.1M, expenses of $2.7M, and assets of $3.3M (revenue -18.8% year-over-year).
• 2016: Revenue of $3.9M, expenses of $3.4M, and assets of $2.8M (revenue +46.2% year-over-year).
• 2015: Revenue of $2.6M, expenses of $2.6M, and assets of $2.8M (revenue -1.6% year-over-year).
• 2014: Revenue of $2.7M, expenses of $2.8M, and assets of $2.5M (revenue -1.1% year-over-year).
• 2013: Revenue of $2.7M, expenses of $2.7M, and assets of $2.1M (revenue -30.8% year-over-year).
• 2012: Revenue of $3.9M, expenses of $3.9M, and assets of $2.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Oregon Nanoscience And Microtechnologies Institute:

Data Sources and Methodology

This transparency report for Oregon Nanoscience And Microtechnologies Institute 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.