Retirement Income Industry Association
Retirement Income Industry Association experienced a significant revenue surge in 2017 after years of operating deficits.
EIN: 203394934 · Boston, MA · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $418K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $1 |
| Transparency Score | 65/100 |
Is Retirement Income Industry Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Retirement Income Industry Association directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Retirement Income Industry Association
Retirement Income Industry Association (EIN: 203394934) is a nonprofit organization based in Boston, MA, classified under NTEE code S41. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Retirement Income Industry Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Retirement Income Industry Association is a mid-size nonprofit that has been operating for 20 years, with 4 years of IRS 990 filings on record (2014–2017). Revenue has grown at a compound annual rate of 28.1%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $418K |
| Surplus / Deficit | +$896K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 68.2% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2017, Retirement Income Industry Association reported a surplus of $896K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2014–2017), Retirement Income Industry Association's revenue has grown at a compound annual growth rate (CAGR) of 28.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +213.9% | -4.8% | -100.0% |
| 2016 | -30.9% | -39.0% | -75.7% |
| 2015 | -3.2% | +6.9% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Retirement Income Industry Association 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Retirement Income Industry Association allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $896K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation was reported across all four filings (2014-2017), suggesting either a volunteer-led organization or compensation structures not categorized as officer pay, which is unusual for an organization with over $1 million in revenue in 2017.
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 Retirement Income Industry Association's IRS 990 filings:
- Highly volatile revenue, with a significant spike in 2017 after years of lower income.
- Consistent operating deficits from 2014-2016, where expenses exceeded revenue.
- Significant liabilities in earlier years (e.g., $926,253 in 2015) relative to assets and revenue.
- Zero reported assets in 2017 despite a large revenue surplus, raising questions about fund retention or immediate disbursement.
Strengths
The following positive indicators were identified for Retirement Income Industry Association:
- Achieved a substantial revenue surplus in 2017 ($1,314,306 revenue vs. $418,207 expenses).
- Successfully eliminated liabilities by 2017, reporting $0.
- No officer compensation reported, indicating potentially low overhead for executive leadership.
- Demonstrated ability to significantly increase revenue in a single period.
Frequently Asked Questions about Retirement Income Industry Association
Is Retirement Income Industry Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Retirement Income Industry Association (EIN: 203394934) some concerns. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
How does Retirement Income Industry Association spend its money?
Retirement Income Industry Association directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Retirement Income Industry Association tax-deductible?
Retirement Income Industry Association is registered as a tax-exempt nonprofit (EIN: 203394934). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Retirement Income Industry Association CEO make?
Retirement Income Industry Association's highest-compensated officer earns $1 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Retirement Income Industry Association's spending goes to programs?
Retirement Income Industry Association directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Retirement Income Industry Association compare to similar nonprofits?
With a transparency score of 65/100 (Good), Retirement Income Industry Association is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Retirement Income Industry Association located?
Retirement Income Industry Association is headquartered in Boston, Massachusetts and files with the IRS under EIN 203394934. It is classified under NTEE code S41.
How many years of IRS 990 filings does Retirement Income Industry Association have?
Retirement Income Industry Association has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What caused the dramatic increase in revenue in 2017 to $1,314,306, compared to previous years' revenues of $418,690 (2016) and $605,699 (2015)?
The provided data does not specify the source of the revenue spike, but it could be attributed to a major event, a significant grant, or a successful membership drive in that year.
Why did the organization report $0 in assets in 2017, despite having over $1.3 million in revenue and only $418,207 in expenses?
This suggests that the surplus funds from 2017 were either immediately expended, transferred to another entity, or used to pay down liabilities not reflected in the provided 'Liabilities' field for that specific year, or that assets are held in a manner not captured by this line item.
How does the organization manage its significant liabilities, which reached $926,253 in 2015, given its fluctuating revenue?
The data shows liabilities decreased to $0 in 2017, indicating the organization likely used its substantial 2017 revenue surplus to pay down its outstanding debts.
What is the breakdown of program, administrative, and fundraising expenses, especially given the NTEE code S41 (Business & Professional Associations)?
The provided IRS 990 summary data does not offer a detailed breakdown of expenses into these categories, making it difficult to assess spending efficiency beyond total expenses.
Filing History
IRS 990 filing history for Retirement Income Industry Association showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2014–2017), Retirement Income Industry Association's revenue has grown by 110.1%, moving from $625K to $1.3M. Total assets decreased by 100% over the same period, from $52K to $0. Total functional expenses fell by 38%, from $674K to $418K. In its most recent filing year (2017), Retirement Income Industry Association reported a surplus of $896K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $1.3M | $418K | $0 | $0 | — | — |
| 2016 | $419K | $439K | $12K | $909K | — | — |
| 2015 | $606K | $721K | $50K | $926K | — | View 990 |
| 2014 | $625K | $674K | $52K | $813K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $1.3M, expenses of $418K, and assets of $0 (revenue +213.9% year-over-year).
- 2016: Revenue of $419K, expenses of $439K, and assets of $12K (revenue -30.9% year-over-year).
- 2015: Revenue of $606K, expenses of $721K, and assets of $50K (revenue -3.2% year-over-year).
- 2014: Revenue of $625K, expenses of $674K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Retirement Income Industry Association:
Data Sources and Methodology
This transparency report for Retirement Income Industry Association 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.