Research Applied Technologyeducation Service Incorporated
Research Applied Technologyeducation Service Incorporated shows significant revenue growth in 2022 after years of inconsistent financial performance.
EIN: 205198628 · Potsdam, NY · NTEE: U21 · Updated: 2026-03-28
Is Research Applied Technologyeducation Service Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Research Applied Technologyeducation Service Incorporated directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Research Applied Technologyeducation Service Incorporated
Research Applied Technologyeducation Service Incorporated (EIN: 205198628) is a nonprofit organization based in Potsdam, NY, classified under NTEE code U21. The organization reported total revenue of $2.2M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Research Applied Technologyeducation Service Incorporated'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 Research Applied Technologyeducation Service Incorporated with a Mission Score of 65 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Research Applied Technologyeducation Service Incorporated allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer executive team or that executive compensation is not separately itemized and is instead included within other expense categories.
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 Research Applied Technologyeducation Service Incorporated's IRS 990 filings:
- Inconsistent financial performance with multiple years of expenses exceeding revenue (e.g., 2015-2021).
- Significant increase in liabilities from $275,378 in 2021 to $609,670 in 2022 without clear explanation.
- Lack of detailed breakdown for officer compensation, consistently reported as 0%.
Strengths
The following positive indicators were identified for Research Applied Technologyeducation Service Incorporated:
- Substantial revenue growth in the latest filing period (2022) to $2,172,365.
- Positive net income in the latest filing period ($2,172,365 revenue vs. $1,937,908 expenses).
- Long operational history with 12 filings, indicating established presence.
Frequently Asked Questions about Research Applied Technologyeducation Service Incorporated
Is Research Applied Technologyeducation Service Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Research Applied Technologyeducation Service Incorporated (EIN: 205198628) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Research Applied Technologyeducation Service Incorporated spend its money?
Research Applied Technologyeducation Service Incorporated directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Research Applied Technologyeducation Service Incorporated tax-deductible?
Research Applied Technologyeducation Service Incorporated is registered as a tax-exempt nonprofit (EIN: 205198628). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant increase in revenue from $920,167 in 2021 to $2,172,365 in 2022?
The provided data does not specify the source of this substantial revenue increase, but it represents a significant positive shift in the organization's financial capacity.
Why has the organization reported 0% officer compensation for all available periods?
This could indicate a volunteer-led executive structure, or that executive compensation is not itemized separately and is included within other operational expenses, which would require further detail from the full 990 form to clarify.
What led to the increase in liabilities from $275,378 in 2021 to $609,670 in 2022?
The data does not provide specifics on the nature of these liabilities, but a near doubling in one year warrants investigation into whether they are short-term operational debts or longer-term obligations.
How does the organization plan to maintain financial stability given its history of expenses exceeding revenue in multiple years?
While the latest year shows a surplus, the historical trend of operating deficits (e.g., 2015-2021) suggests a need for robust financial planning to ensure long-term sustainability, especially if the 2022 revenue surge is not consistently repeatable.
Filing History
IRS 990 filing history for Research Applied Technologyeducation Service Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Research Applied Technologyeducation Service Incorporated's revenue has grown by 273.1%, moving from $582K to $2.2M. Total assets increased by 54.6% over the same period, from $758K to $1.2M. Total functional expenses rose by 1231.3%, from $146K to $1.9M. In its most recent filing year (2022), Research Applied Technologyeducation Service Incorporated reported a surplus of $234K, with revenue exceeding expenses. The organization holds $610K in liabilities against $1.2M in assets (debt-to-asset ratio: 52.0%), resulting in net assets of $563K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $2.2M | $1.9M | $1.2M | $610K | — | View 990 |
| 2021 | $920K | $1.0M | $615K | $275K | — | View 990 |
| 2020 | $762K | $970K | $607K | $154K | — | View 990 |
| 2019 | $1.1M | $1.2M | $1.3M | $613K | — | View 990 |
| 2018 | $22K | $451K | $1.3M | $596K | — | View 990 |
| 2017 | $59K | $267K | $1.2M | $6K | — | View 990 |
| 2016 | $5K | $306K | $1.4M | $6K | — | View 990 |
| 2015 | $307K | $463K | $1.7M | $60K | — | View 990 |
| 2014 | $631K | $301K | $1.8M | $5K | — | View 990 |
| 2013 | $405K | $217K | $1.5M | $7K | — | View 990 |
| 2012 | $707K | $150K | $1.3M | $9K | — | View 990 |
| 2011 | $582K | $146K | $758K | $594 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2.2M, expenses of $1.9M, and assets of $1.2M (revenue +136.1% year-over-year).
- 2021: Revenue of $920K, expenses of $1.0M, and assets of $615K (revenue +20.8% year-over-year).
- 2020: Revenue of $762K, expenses of $970K, and assets of $607K (revenue -28.5% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $1.3M (revenue +4665.4% year-over-year).
- 2018: Revenue of $22K, expenses of $451K, and assets of $1.3M (revenue -61.8% year-over-year).
- 2017: Revenue of $59K, expenses of $267K, and assets of $1.2M (revenue +1045.3% year-over-year).
- 2016: Revenue of $5K, expenses of $306K, and assets of $1.4M (revenue -98.3% year-over-year).
- 2015: Revenue of $307K, expenses of $463K, and assets of $1.7M (revenue -51.4% year-over-year).
- 2014: Revenue of $631K, expenses of $301K, and assets of $1.8M (revenue +56.0% year-over-year).
- 2013: Revenue of $405K, expenses of $217K, and assets of $1.5M (revenue -42.8% year-over-year).
- 2012: Revenue of $707K, expenses of $150K, and assets of $1.3M (revenue +21.5% year-over-year).
- 2011: Revenue of $582K, expenses of $146K, and assets of $758K.
Data Sources and Methodology
This transparency report for Research Applied Technologyeducation Service Incorporated 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.