Prout Research Institute
EIN: 874687486 · Marshall, NC · NTEE: V05
Is Prout Research Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Prout Research Institute
Prout Research Institute (EIN: 874687486) is a nonprofit organization based in Marshall, NC, classified under NTEE code V05. The organization reported total revenue of $213K and total assets of $568K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prout Research Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prout Research Institute is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -44.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $123K |
| Total Expenses | $13K |
| Surplus / Deficit | +$110K |
| Total Assets | $430K |
| Total Liabilities | $100K |
| Net Assets | $330K |
| Operating Margin | 89.7% |
| Debt-to-Asset Ratio | 23.3% |
| Months of Reserves | 406.7 months |
Financial Health Grade: A
In 2023, Prout Research Institute reported a surplus of $110K with revenue exceeding expenses, holds 406.7 months of operating reserves (strong position), has a debt-to-asset ratio of 23.3% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Prout Research Institute's revenue has declined at a compound annual growth rate (CAGR) of -44.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -44.8% | +304.0% | +59.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Prout Research Institute 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 Prout Research Institute 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $110K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.3%.
Frequently Asked Questions about Prout Research Institute
Is Prout Research Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Prout Research Institute (EIN: 874687486) insufficient data. 0 red flags identified, 0 strengths noted.
How does Prout Research Institute spend its money?
Detailed spending breakdown data is not yet available for Prout Research Institute. Check back for updated IRS 990 analysis.
Are donations to Prout Research Institute tax-deductible?
Prout Research Institute is registered as a tax-exempt nonprofit (EIN: 874687486). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Prout Research Institute showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Prout Research Institute's revenue has declined by 44.8%, moving from $223K to $123K. Total assets increased by 59.4% over the same period, from $269K to $430K. Total functional expenses rose by 304%, from $3K to $13K. In its most recent filing year (2023), Prout Research Institute reported a surplus of $110K, with revenue exceeding expenses. The organization holds $100K in liabilities against $430K in assets (debt-to-asset ratio: 23.3%), resulting in net assets of $330K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $123K | $13K | $430K | $100K | — | View 990 |
| 2022 | $223K | $3K | $269K | $50K | — | View 990 |
Data Sources and Methodology
This transparency report for Prout Research 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.