Policy Research Inc
Policy Research Inc. consistently operates near break-even with no reported officer compensation.
EIN: 141783468 · Troy, NY · NTEE: U99 · Updated: 2026-03-28
Is Policy Research Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Policy Research Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Policy Research Inc
Policy Research Inc (EIN: 141783468) is a nonprofit organization based in Troy, NY, classified under NTEE code U99. The organization reported total revenue of $2.9M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Policy Research Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Policy Research Inc with a Mission Score of 85 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, Policy Research Inc 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.
Executive Compensation Analysis
No officer compensation has been reported in any of the available IRS 990 filings, which is highly unusual for an organization of this size and revenue, suggesting either volunteer leadership or compensation structured in a way not captured under 'officer compensation'.
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 Policy Research Inc's IRS 990 filings:
- Increasing liabilities relative to assets over time, from $295,745 in 2017 to $610,388 in 2023, warrants closer examination.
- Lack of reported officer compensation across all filings is unusual for an organization with over $3M in revenue and could indicate compensation is reported under other categories or that leadership is entirely volunteer-based, which should be clarified for full transparency.
Strengths
The following positive indicators were identified for Policy Research Inc:
- Consistent operation near break-even, demonstrating efficient management of resources (e.g., 2023 revenue $3,182,806 vs. expenses $3,041,777).
- No reported officer compensation across all 13 filings, suggesting a high proportion of funds are directed towards the mission.
- Significant growth in revenue and assets over the past few years, indicating expanding operations and financial stability (e.g., revenue from $1,056,467 in 2017 to $3,182,806 in 2023).
- Positive net assets, with assets consistently exceeding liabilities, indicating solvency (e.g., $1,026,956 assets vs. $610,388 liabilities in 2023).
Frequently Asked Questions about Policy Research Inc
Is Policy Research Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Policy Research Inc (EIN: 141783468) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Policy Research Inc spend its money?
Policy Research Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Policy Research Inc tax-deductible?
Policy Research Inc is registered as a tax-exempt nonprofit (EIN: 141783468). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Policy Research Inc. a good charity?
Based on the available data, Policy Research Inc. appears to be a financially stable organization with a history of operating efficiently, as evidenced by revenues closely matching expenses. The absence of reported officer compensation is a significant positive indicator for resource allocation.
How does Policy Research Inc. manage its liabilities?
Liabilities have shown an increasing trend, reaching $610,388 in 2023. While assets have also grown, the ratio of liabilities to assets should be monitored to ensure long-term financial health.
What is the trend in Policy Research Inc.'s revenue and expenses?
Revenue and expenses have generally increased over the past few years, with a notable jump in revenue from $1,916,396 in 2021 to $3,182,806 in 2023, indicating growth in operations. Expenses have closely tracked revenue, suggesting consistent operational scale.
Filing History
IRS 990 filing history for Policy Research Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Policy Research Inc's revenue has grown by 44.4%, moving from $2.2M to $3.2M. Total assets increased by 54.4% over the same period, from $665K to $1.0M. Total functional expenses rose by 38.2%, from $2.2M to $3.0M. In its most recent filing year (2023), Policy Research Inc reported a surplus of $141K, with revenue exceeding expenses. The organization holds $610K in liabilities against $1.0M in assets (debt-to-asset ratio: 59.4%), resulting in net assets of $417K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $3.0M | $1.0M | $610K | — | — |
| 2022 | $3.2M | $3.1M | $969K | $694K | — | — |
| 2021 | $1.9M | $1.8M | $615K | $393K | — | View 990 |
| 2020 | $1.2M | $1.2M | $1.1M | $1.0M | — | — |
| 2019 | $1.1M | $1.1M | $893K | $838K | — | View 990 |
| 2018 | $1.2M | $1.2M | $862K | $826K | — | View 990 |
| 2017 | $1.1M | $1.1M | $335K | $296K | — | View 990 |
| 2016 | $1.2M | $1.2M | $937K | $897K | — | View 990 |
| 2015 | $1.2M | $1.2M | $805K | $763K | — | View 990 |
| 2014 | $2.4M | $2.4M | $795K | $763K | — | View 990 |
| 2013 | $2.2M | $2.2M | $926K | $910K | — | View 990 |
| 2012 | $2.1M | $2.1M | $1.5M | $1.5M | — | View 990 |
| 2011 | $2.2M | $2.2M | $665K | $659K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $3.0M, and assets of $1.0M (revenue +0.9% year-over-year).
- 2022: Revenue of $3.2M, expenses of $3.1M, and assets of $969K (revenue +64.5% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.8M, and assets of $615K (revenue +53.4% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M (revenue +9.6% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $893K (revenue -1.7% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $862K (revenue +9.8% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $335K (revenue -10.4% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $937K (revenue -5.2% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $805K (revenue -47.8% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.4M, and assets of $795K (revenue +8.6% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.2M, and assets of $926K (revenue +2.4% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.1M, and assets of $1.5M (revenue -2.8% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.2M, and assets of $665K.
Data Sources and Methodology
This transparency report for Policy Research 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.