Replications Inc

Replications Inc. experiences dramatic revenue and asset growth in 2023, maintaining 0% officer compensation.

EIN: 134075810 · New York, NY · NTEE: B90 · Updated: 2026-03-28

$7.5MRevenue
$7.4MAssets
90/100Mission Score (Excellent)
B90
Replications Inc Financial Summary
MetricValue
Total Revenue$7.5M
Total Expenses$7.0M
Program Spending85%
Net Assets$3.4M
Transparency Score90/100

Is Replications Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

Replications Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Replications Inc

Replications Inc (EIN: 134075810) is a nonprofit organization based in New York, NY, classified under NTEE code B90. The organization reported total revenue of $7.5M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Replications Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

26Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Replications Inc is a mid-size nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$8.3M
Total Expenses$7.0M
Surplus / Deficit+$1.2M
Total Assets$6.9M
Total Liabilities$3.5M
Net Assets$3.4M
Operating Margin15.1%
Debt-to-Asset Ratio51.2%
Months of Reserves11.8 months

Financial Health Grade: A

In 2023, Replications Inc reported a surplus of $1.2M with revenue exceeding expenses, holds 11.8 months of operating reserves (strong position), has a debt-to-asset ratio of 51.2% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Replications Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+373.4%+79.9%+2556.0%
2022-35.4%+137.8%-82.0%
2021+82.5%+1.7%+267.1%
2020+29.5%+53.4%+46.5%
2019+4.4%-3.9%+27.8%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2000

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Replications Inc. demonstrates a highly variable financial history, with significant fluctuations in revenue and expenses over the past decade. The organization experienced a substantial increase in revenue from $1,748,093 in 2022 to $8,275,214 in 2023, alongside a corresponding increase in assets from $260,765 to $6,925,967. This rapid growth suggests either a major new funding initiative or a significant change in operational scale. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. However, the lack of detailed expense breakdowns in the provided data makes it challenging to fully assess spending efficiency beyond the absence of executive compensation. The organization's financial health appears to have significantly improved in the latest filing period (202306), with revenue ($8,275,214) comfortably exceeding expenses ($7,027,679), leading to a healthy surplus and asset growth. Prior to 2023, there were periods of deficit spending, such as in 2022 where expenses ($3,905,697) far outstripped revenue ($1,748,093), resulting in a negative net asset position. The substantial increase in liabilities from $1,269,739 in 2022 to $3,543,041 in 2023, while assets also grew significantly, warrants further investigation to understand the nature of these liabilities and their impact on long-term financial stability. Overall, the organization shows strong signs of financial recovery and growth in its most recent period, coupled with excellent transparency regarding executive pay. Given the provided data, a precise breakdown of program, administrative, and fundraising spending is not available. However, the consistent reporting of zero officer compensation suggests a lean approach to executive overhead. The dramatic swings in revenue and expenses over the years indicate a dynamic operational environment, which could be a strength if managed effectively for growth, or a risk if not carefully planned. The significant asset growth in 2023 is a positive development, but the corresponding increase in liabilities needs to be understood in context.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Replications Inc with a Mission Score of 90 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, Replications 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$8.3MTotal Revenue
$7.0MTotal Expenses
$6.9MTotal Assets
$3.5MTotal Liabilities
$3.4MNet Assets
  • The organization reported a surplus of $1.2M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 51.2%.

Executive Compensation Analysis

Replications Inc. consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries. This is an exceptional level of financial transparency and a strong positive indicator for donor confidence.

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 Replications Inc's IRS 990 filings:

  • Highly volatile revenue and expense history, indicating potential instability in funding or operations.
  • Significant increase in liabilities in 2023 ($3,543,041) alongside asset growth, requiring further context.

Strengths

The following positive indicators were identified for Replications Inc:

  • Consistent 0% officer compensation, demonstrating excellent financial transparency and commitment to mission.
  • Strong revenue growth and positive net income in the latest filing period (202306), with revenue of $8,275,214 exceeding expenses of $7,027,679.
  • Substantial asset growth in 2023, increasing from $260,765 to $6,925,967, indicating improved financial capacity.

Frequently Asked Questions about Replications Inc

Is Replications Inc a legitimate charity?

Replications Inc (EIN: 134075810) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.5M. 2 red flags identified. 3 strengths noted. Financial health grade: A.

How does Replications Inc spend its money?

Replications Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Replications Inc tax-deductible?

Replications Inc is registered as a tax-exempt nonprofit (EIN: 134075810). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Replications Inc's spending goes to programs?

Replications Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Replications Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Replications Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Replications Inc located?

Replications Inc is headquartered in New York, New York and files with the IRS under EIN 134075810. It is classified under NTEE code B90.

How many years of IRS 990 filings does Replications Inc have?

Replications 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 $7.5M in total revenue.

What caused the dramatic increase in revenue and assets between 2022 and 2023?

The provided data shows revenue jumping from $1,748,093 in 2022 to $8,275,214 in 2023, and assets from $260,765 to $6,925,967. This significant growth likely stems from a major new grant, a successful fundraising campaign, or a substantial expansion of programs.

What is the nature of the increased liabilities in 2023?

Liabilities increased from $1,269,739 in 2022 to $3,543,041 in 2023. Understanding if these are program-related payables, capital project financing, or other obligations is crucial for assessing long-term financial health.

How does Replications Inc. manage its operations without paid officers?

The consistent 0% officer compensation suggests that leadership roles might be filled by volunteers, or compensation is structured in a way that isn't reported as 'officer compensation' on the 990, such as through a management company or as general staff salaries not specifically designated for officers.

Filing History

IRS 990 filing history for Replications Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Replications Inc's revenue has grown by 545.1%, moving from $1.3M to $8.3M. Total assets increased by 2024.5% over the same period, from $326K to $6.9M. Total functional expenses rose by 430.9%, from $1.3M to $7.0M. In its most recent filing year (2023), Replications Inc reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $3.5M in liabilities against $6.9M in assets (debt-to-asset ratio: 51.2%), resulting in net assets of $3.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $8.3M $7.0M $6.9M $3.5M View 990
2022 $1.7M $3.9M $261K $1.3M View 990
2021 $2.7M $1.6M $1.4M $299K View 990
2020 $1.5M $1.6M $394K $308K
2019 $1.1M $1.1M $269K $140K View 990
2018 $1.1M $1.1M $211K $73K View 990
2017 $1.3M $1.2M $313K $176K View 990
2016 $1.5M $1.5M $214K $161K View 990
2015 $982K $1.0M $188K $105K View 990
2014 $649K $662K $181K $34K View 990
2013 $380K $388K $224K $97K View 990
2012 $342K $441K $147K $12K View 990
2011 $1.3M $1.3M $326K $93K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $8.3M, expenses of $7.0M, and assets of $6.9M (revenue +373.4% year-over-year).
  • 2022: Revenue of $1.7M, expenses of $3.9M, and assets of $261K (revenue -35.4% year-over-year).
  • 2021: Revenue of $2.7M, expenses of $1.6M, and assets of $1.4M (revenue +82.5% year-over-year).
  • 2020: Revenue of $1.5M, expenses of $1.6M, and assets of $394K (revenue +29.5% year-over-year).
  • 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $269K (revenue +4.4% year-over-year).
  • 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $211K (revenue -14.7% year-over-year).
  • 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $313K (revenue -15.3% year-over-year).
  • 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $214K (revenue +54.6% year-over-year).
  • 2015: Revenue of $982K, expenses of $1.0M, and assets of $188K (revenue +51.2% year-over-year).
  • 2014: Revenue of $649K, expenses of $662K, and assets of $181K (revenue +70.8% year-over-year).
  • 2013: Revenue of $380K, expenses of $388K, and assets of $224K (revenue +11.0% year-over-year).
  • 2012: Revenue of $342K, expenses of $441K, and assets of $147K (revenue -73.3% year-over-year).
  • 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $326K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Replications Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Replications 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.

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