Research Institute For Mathematics
Research Institute For Mathematics: Consistent Spending, Minimal Assets
EIN: 222777124 · Orono, ME · Updated: 2026-04-04
About Research Institute For Mathematics
Research Institute For Mathematics (EIN: 222777124) is a nonprofit organization based in Orono, ME. The organization reported total revenue of $72K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Research Institute For Mathematics'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 Institute For Mathematics with a Mission Score of 60 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Research Institute For Mathematics allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer-led organization or that compensation is not being reported in a standard manner.
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 Institute For Mathematics's IRS 990 filings:
- Consistent reporting of $0 for administrative and fundraising expenses, and 100% program spending, is highly unusual for any operational organization.
- Assets are reported as $1 for multiple years (e.g., 2023, 2019, 2014), which is an atypical financial position for an ongoing institute.
- The organization consistently reports $0 in compensation, which could indicate a lack of paid staff or a non-standard reporting practice for executive compensation.
Strengths
The following positive indicators were identified for Research Institute For Mathematics:
- All reported expenses are directly allocated to programs, indicating a strong focus on mission-related activities.
- The organization has maintained consistent revenue streams over several years, demonstrating some level of operational stability.
Frequently Asked Questions about Research Institute For Mathematics
What does Research Institute For Mathematics do?
Research Institute For Mathematics is a nonprofit organization in the Unknown sector, located in Orono, Maine. It is classified under NTEE code Unknown.
How much revenue does Research Institute For Mathematics have?
Research Institute For Mathematics reported total revenue of $72,000. Based on 10 IRS 990 filings on record.
What are Research Institute For Mathematics's total assets?
Research Institute For Mathematics holds total assets of $1 as reported in IRS 990 filings.
Where is Research Institute For Mathematics located?
Research Institute For Mathematics is based in Orono, Maine.
What is Research Institute For Mathematics's EIN?
Research Institute For Mathematics's Employer Identification Number (EIN) is 222777124. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Research Institute For Mathematics?
Research Institute For Mathematics is classified under NTEE code Unknown (Unknown).
Is Research Institute For Mathematics a registered 501(c)(3)?
Research Institute For Mathematics appears in IRS records (EIN: 222777124). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Research Institute For Mathematics file IRS Form 990?
Yes, Research Institute For Mathematics has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Research Institute For Mathematics's revenue in 2023?
In the 202312 filing period, Research Institute For Mathematics reported total revenue of $53,700, total expenses of $53,700, and net assets of $1.
Is Research Institute For Mathematics's revenue growing or declining?
Research Institute For Mathematics's revenue is declining. Revenue went from $87,733 (202212) to $53,700 (202312), a -38.8% change. Based on 10 filings on record.
What is Research Institute For Mathematics's most recent 990 filing?
The most recent IRS Form 990 filing for Research Institute For Mathematics covers tax period 202312. It shows revenue of $53,700, expenses of $53,700, total assets of $1, and liabilities of $1.
How much does Research Institute For Mathematics spend on programs vs administration?
Based on IRS 990 analysis, Research Institute For Mathematics allocates approximately 100% of expenses to program services, 0% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is Research Institute For Mathematics a trustworthy charity?
Based on AI analysis of IRS 990 data, Research Institute For Mathematics shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Research Institute For Mathematics?
The following concerns were identified: Consistent reporting of $0 for administrative and fundraising expenses, and 100% program spending, is highly unusual for any operational organization.. Assets are reported as $1 for multiple years (e.g., 2023, 2019, 2014), which is an atypical financial position for an ongoing institute.. The organization consistently reports $0 in compensation, which could indicate a lack of paid staff or a non-standard reporting practice for executive compensation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Research Institute For Mathematics's strengths?
Positive indicators for Research Institute For Mathematics include: All reported expenses are directly allocated to programs, indicating a strong focus on mission-related activities.. The organization has maintained consistent revenue streams over several years, demonstrating some level of operational stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Research Institute For Mathematics compensate executives?
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer-led organization or that compensation is not being reported in a standard manner. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for administrative and fundraising expenses, and 100% program spending, how does the organization manage its operational overhead and support functions?
The filings suggest that all operational and support functions are either absorbed within program costs, provided pro bono, or are not being reported as distinct administrative or fundraising expenses. This model is highly unusual and warrants further investigation into their operational structure.
With assets consistently reported at $1 or very low amounts for multiple years, how does the Research Institute For Mathematics sustain its long-term viability and fund any necessary capital expenditures or future initiatives?
The extremely low asset base implies that the organization operates on a very lean, 'pay-as-you-go' model, with little to no reserves. This could make it vulnerable to financial shocks or limit its ability to invest in growth or long-term projects without immediate funding.
Filing History
IRS 990 filing history for Research Institute For Mathematics showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2023), Research Institute For Mathematics's revenue has grown by 27%, moving from $42K to $54K. Total assets increased by 0% over the same period, from $1 to $1. Total functional expenses rose by 27%, from $42K to $54K. In its most recent filing year (2023), Research Institute For Mathematics reported a surplus of $0, with revenue exceeding expenses. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $54K | $54K | $1 | $1 | — | View 990 |
| 2022 | $88K | $88K | $720K | $1 | — | View 990 |
| 2021 | $92K | $92K | $720K | $1 | — | — |
| 2020 | $89K | $89K | $685K | $1 | — | — |
| 2019 | $72K | $72K | $680K | $0 | — | — |
| 2014 | $95K | $95K | $1 | $0 | — | View 990 |
| 2013 | $194K | $194K | $90K | $0 | — | — |
| 2012 | $165K | $173K | $375K | $250K | — | — |
| 2011 | $76K | $76K | $89K | $0 | — | — |
| 2010 | $42K | $42K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $54K, expenses of $54K, and assets of $1 (revenue -38.8% year-over-year).
- 2022: Revenue of $88K, expenses of $88K, and assets of $720K (revenue -4.4% year-over-year).
- 2021: Revenue of $92K, expenses of $92K, and assets of $720K (revenue +3.2% year-over-year).
- 2020: Revenue of $89K, expenses of $89K, and assets of $685K (revenue +24.3% year-over-year).
- 2019: Revenue of $72K, expenses of $72K, and assets of $680K (revenue -24.5% year-over-year).
- 2014: Revenue of $95K, expenses of $95K, and assets of $1 (revenue -51.2% year-over-year).
- 2013: Revenue of $194K, expenses of $194K, and assets of $90K (revenue +17.7% year-over-year).
- 2012: Revenue of $165K, expenses of $173K, and assets of $375K (revenue +117.2% year-over-year).
- 2011: Revenue of $76K, expenses of $76K, and assets of $89K (revenue +79.6% year-over-year).
- 2010: Revenue of $42K, expenses of $42K, and assets of $1.
Data Sources and Methodology
This transparency report for Research Institute For Mathematics 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.