Primarily Primates Inc
EIN: 742164756 · San Antonio, TX · NTEE: D300
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.4M |
| Net Assets | $5.5M |
Is Primarily Primates Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Primarily Primates Inc
Primarily Primates Inc (EIN: 742164756) is a nonprofit organization based in San Antonio, TX, classified under NTEE code D300. The organization reported total revenue of $1.7M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Primarily Primates Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Primarily Primates Inc is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$81K |
| Total Assets | $5.6M |
| Total Liabilities | $88K |
| Net Assets | $5.5M |
| Operating Margin | 5.3% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 46.5 months |
Financial Health Grade: A
In 2024, Primarily Primates Inc reported a surplus of $81K with revenue exceeding expenses, holds 46.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Primarily Primates Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +27.0% | +7.0% | +4.8% |
| 2023 | -7.4% | +2.8% | -2.6% |
| 2022 | -13.0% | +8.5% | -4.3% |
| 2021 | +21.5% | -4.4% | +18.3% |
| 2020 | +5.7% | -1.7% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Primarily Primates Inc 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 Primarily Primates Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $81K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Frequently Asked Questions about Primarily Primates Inc
Is Primarily Primates Inc a legitimate charity?
Primarily Primates Inc (EIN: 742164756) is a registered tax-exempt nonprofit based in Texas. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. No red flags identified. Financial health grade: A.
How does Primarily Primates Inc spend its money?
Primarily Primates Inc reported $1.7M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Primarily Primates Inc tax-deductible?
Primarily Primates Inc is registered as a tax-exempt nonprofit (EIN: 742164756). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Primarily Primates Inc located?
Primarily Primates Inc is headquartered in San Antonio, Texas and files with the IRS under EIN 742164756. It is classified under NTEE code D300.
How many years of IRS 990 filings does Primarily Primates Inc have?
Primarily Primates Inc has 13 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 $1.7M in total revenue.
Filing History
IRS 990 filing history for Primarily Primates Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Primarily Primates Inc's revenue has grown by 93.1%, moving from $788K to $1.5M. Total assets increased by 27% over the same period, from $4.4M to $5.6M. Total functional expenses rose by 46.6%, from $983K to $1.4M. In its most recent filing year (2024), Primarily Primates Inc reported a surplus of $81K, with revenue exceeding expenses. The organization holds $88K in liabilities against $5.6M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $1.4M | $5.6M | $88K | — | View 990 |
| 2023 | $1.2M | $1.3M | $5.3M | $69K | — | View 990 |
| 2022 | $1.3M | $1.3M | $5.5M | $100K | — | View 990 |
| 2021 | $1.5M | $1.2M | $5.7M | $250K | — | — |
| 2020 | $1.2M | $1.3M | $4.8M | $163K | — | View 990 |
| 2019 | $1.2M | $1.3M | $4.8M | $82K | — | View 990 |
| 2018 | $1.2M | $1.3M | $4.8M | $91K | — | — |
| 2017 | $1.1M | $1.4M | $4.8M | $108K | — | View 990 |
| 2016 | $1.5M | $1.4M | $4.7M | $91K | — | View 990 |
| 2015 | $1.2M | $1.4M | $4.7M | $137K | — | View 990 |
| 2014 | $1.4M | $1.2M | $4.8M | $143K | — | View 990 |
| 2013 | $1.2M | $1.1M | $4.4M | $133K | — | View 990 |
| 2012 | $788K | $983K | $4.4M | $129K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.5M, expenses of $1.4M, and assets of $5.6M (revenue +27.0% year-over-year).
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $5.3M (revenue -7.4% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $5.5M (revenue -13.0% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.2M, and assets of $5.7M (revenue +21.5% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.3M, and assets of $4.8M (revenue +5.7% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $4.8M (revenue -3.6% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $4.8M (revenue +5.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.4M, and assets of $4.8M (revenue -21.7% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.4M, and assets of $4.7M (revenue +23.6% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.4M, and assets of $4.7M (revenue -14.6% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.2M, and assets of $4.8M (revenue +18.8% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $4.4M (revenue +47.4% year-over-year).
- 2012: Revenue of $788K, expenses of $983K, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Primarily Primates Inc:
Data Sources and Methodology
This transparency report for Primarily Primates 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.