Primate Conservation Inc
Primate Conservation Inc. shows strong program focus with 0% officer compensation, but revenue and assets have fluctuated significantly.
EIN: 113152696 · Charlestown, RI · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $126K |
| Program Spending | 90% |
| Net Assets | $222K |
| Transparency Score | 85/100 |
Is Primate Conservation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Primate Conservation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Primate Conservation Inc
Primate Conservation Inc (EIN: 113152696) is a nonprofit organization based in Charlestown, RI, classified under NTEE code D20. The organization reported total revenue of $185K and total assets of $149K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Primate Conservation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Primate Conservation Inc is a small nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $312K |
| Total Expenses | $126K |
| Surplus / Deficit | +$186K |
| Total Assets | $226K |
| Total Liabilities | $4K |
| Net Assets | $222K |
| Operating Margin | 59.7% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 21.6 months |
Financial Health Grade: A
In 2023, Primate Conservation Inc reported a surplus of $186K with revenue exceeding expenses, holds 21.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 8 years of filings (2010–2023), Primate Conservation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +278.4% | -29.4% | +446.5% |
| 2022 | -26.4% | +67.0% | -69.1% |
| 2021 | +65.2% | +27.7% | +6.0% |
| 2020 | -31.9% | -35.9% | -11.1% |
| 2019 | +66.6% | +37.9% | -61.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2015 |
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 Primate Conservation 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Primate Conservation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $186K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Primate Conservation Inc. consistently reports 0% officer compensation across all available IRS 990 filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer channels, which is highly favorable for directing funds to its 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 Primate Conservation Inc's IRS 990 filings:
- Significant historical volatility in revenue and assets, with assets dropping from $407,086 in 2014 to $41,350 in 2022.
- Expenses exceeded revenue in multiple periods (e.g., 2022: Revenue=$82,391, Expenses=$177,992; 2019: Revenue=$99,489, Expenses=$130,250), indicating periods of deficit spending.
Strengths
The following positive indicators were identified for Primate Conservation Inc:
- Consistent 0% officer compensation across all reported periods, indicating a highly efficient and mission-focused leadership structure.
- Strong financial rebound in 2023, with revenue ($311,766) significantly exceeding expenses ($125,688) and a substantial increase in assets to $225,988.
- Minimal liabilities reported across all periods, suggesting sound financial management and low debt burden.
Frequently Asked Questions about Primate Conservation Inc
Is Primate Conservation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Primate Conservation Inc (EIN: 113152696) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Primate Conservation Inc spend its money?
Primate Conservation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Primate Conservation Inc tax-deductible?
Primate Conservation Inc is registered as a tax-exempt nonprofit (EIN: 113152696). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Primate Conservation Inc's spending goes to programs?
Primate Conservation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Primate Conservation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Primate Conservation Inc is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Primate Conservation Inc located?
Primate Conservation Inc is headquartered in Charlestown, Rhode Island and files with the IRS under EIN 113152696. It is classified under NTEE code D20.
How many years of IRS 990 filings does Primate Conservation Inc have?
Primate Conservation Inc has 8 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 $185K in total revenue.
Is Primate Conservation Inc. financially stable?
While the organization experienced significant asset growth and revenue surplus in 2023 (Revenue: $311,766, Expenses: $125,688, Assets: $225,988), its financial history shows considerable volatility, with assets dropping to $41,350 in 2022 from $407,086 in 2014. This suggests that while currently stable, long-term stability requires consistent revenue generation.
How much of my donation goes to programs?
Given the consistent 0% officer compensation and the nature of a lean organization, a very high percentage of donations likely go directly to programs. While specific program spending percentages aren't detailed in the provided data, the absence of executive salaries strongly suggests efficient use of funds for its mission.
Does Primate Conservation Inc. have high administrative costs?
Based on the 0% officer compensation reported across all filings, it is highly probable that administrative costs are kept very low, contributing to a high program spending ratio. This indicates efficient use of resources.
Filing History
IRS 990 filing history for Primate Conservation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2010–2023), Primate Conservation Inc's revenue has grown by 178.1%, moving from $112K to $312K. Total assets decreased by 32.7% over the same period, from $336K to $226K. Total functional expenses fell by 17%, from $151K to $126K. In its most recent filing year (2023), Primate Conservation Inc reported a surplus of $186K, with revenue exceeding expenses. The organization holds $4K in liabilities against $226K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $222K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $312K | $126K | $226K | $4K | — | View 990 |
| 2022 | $82K | $178K | $41K | $5K | — | View 990 |
| 2021 | $112K | $107K | $134K | $2K | — | View 990 |
| 2020 | $68K | $84K | $126K | $1 | — | View 990 |
| 2019 | $99K | $130K | $142K | $1 | — | View 990 |
| 2015 | $60K | $94K | $372K | $1 | — | View 990 |
| 2014 | $85K | $161K | $407K | $1 | — | View 990 |
| 2010 | $112K | $151K | $336K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $312K, expenses of $126K, and assets of $226K (revenue +278.4% year-over-year).
- 2022: Revenue of $82K, expenses of $178K, and assets of $41K (revenue -26.4% year-over-year).
- 2021: Revenue of $112K, expenses of $107K, and assets of $134K (revenue +65.2% year-over-year).
- 2020: Revenue of $68K, expenses of $84K, and assets of $126K (revenue -31.9% year-over-year).
- 2019: Revenue of $99K, expenses of $130K, and assets of $142K (revenue +66.6% year-over-year).
- 2015: Revenue of $60K, expenses of $94K, and assets of $372K (revenue -30.0% year-over-year).
- 2014: Revenue of $85K, expenses of $161K, and assets of $407K (revenue -23.9% year-over-year).
- 2010: Revenue of $112K, expenses of $151K, and assets of $336K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Primate Conservation Inc:
Data Sources and Methodology
This transparency report for Primate Conservation 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.