Robert M Palmer Md Institute Of Biomechanics Inc
EIN: 352194526 · Elwood, IN · NTEE: B50
Is Robert M Palmer Md Institute Of Biomechanics Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Robert M Palmer Md Institute Of Biomechanics Inc
Robert M Palmer Md Institute Of Biomechanics Inc (EIN: 352194526) is a nonprofit organization based in Elwood, IN, classified under NTEE code B50. The organization reported total revenue of $146K and total assets of $332K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert M Palmer Md Institute Of Biomechanics Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Robert M Palmer Md Institute Of Biomechanics Inc 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 Robert M Palmer Md Institute Of Biomechanics Inc 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.
Frequently Asked Questions about Robert M Palmer Md Institute Of Biomechanics Inc
Is Robert M Palmer Md Institute Of Biomechanics Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Robert M Palmer Md Institute Of Biomechanics Inc (EIN: 352194526) insufficient data. 0 red flags identified, 0 strengths noted.
How does Robert M Palmer Md Institute Of Biomechanics Inc spend its money?
Detailed spending breakdown data is not yet available for Robert M Palmer Md Institute Of Biomechanics Inc. Check back for updated IRS 990 analysis.
Are donations to Robert M Palmer Md Institute Of Biomechanics Inc tax-deductible?
Robert M Palmer Md Institute Of Biomechanics Inc is registered as a tax-exempt nonprofit (EIN: 352194526). 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 Robert M Palmer Md Institute Of Biomechanics Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2019), Robert M Palmer Md Institute Of Biomechanics Inc's revenue has declined by 2%, moving from $147K to $144K. Total assets increased by 30.1% over the same period, from $255K to $332K. Total functional expenses fell by 51.4%, from $157K to $77K. In its most recent filing year (2019), Robert M Palmer Md Institute Of Biomechanics Inc reported a surplus of $67K, with revenue exceeding expenses. The organization holds $7K in liabilities against $332K in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $324K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2019 | $144K | $77K | $332K | $7K | — | View 990 |
| 2018 | $112K | $98K | $268K | $11K | — | View 990 |
| 2017 | $161K | $121K | $260K | $17K | — | View 990 |
| 2016 | $222K | $147K | $230K | $27K | — | View 990 |
| 2015 | $146K | $96K | $184K | $25K | — | View 990 |
| 2014 | $51K | $49K | $183K | $75K | — | View 990 |
| 2013 | $78K | $70K | $434K | $46K | — | View 990 |
| 2012 | $238K | $181K | $353K | $6K | — | View 990 |
| 2011 | $314K | $151K | $297K | $6K | — | View 990 |
| 2010 | $147K | $157K | $255K | $128K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $144K, expenses of $77K, and assets of $332K (revenue +28.8% year-over-year).
- 2018: Revenue of $112K, expenses of $98K, and assets of $268K (revenue -30.7% year-over-year).
- 2017: Revenue of $161K, expenses of $121K, and assets of $260K (revenue -27.3% year-over-year).
- 2016: Revenue of $222K, expenses of $147K, and assets of $230K (revenue +51.9% year-over-year).
- 2015: Revenue of $146K, expenses of $96K, and assets of $184K (revenue +188.0% year-over-year).
- 2014: Revenue of $51K, expenses of $49K, and assets of $183K (revenue -35.4% year-over-year).
- 2013: Revenue of $78K, expenses of $70K, and assets of $434K (revenue -67.0% year-over-year).
- 2012: Revenue of $238K, expenses of $181K, and assets of $353K (revenue -24.4% year-over-year).
- 2011: Revenue of $314K, expenses of $151K, and assets of $297K (revenue +114.2% year-over-year).
- 2010: Revenue of $147K, expenses of $157K, and assets of $255K.
Data Sources and Methodology
This transparency report for Robert M Palmer Md Institute Of Biomechanics 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.