The James G Martin Center For Academic Renewal
The James G Martin Center For Academic Renewal shows fluctuating financial performance with periods of significant net losses.
EIN: 161686283 · Raleigh, NC · NTEE: T20 · Updated: 2026-03-28
Is The James G Martin Center For Academic Renewal Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The James G Martin Center For Academic Renewal directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The James G Martin Center For Academic Renewal
The James G Martin Center For Academic Renewal (EIN: 161686283) is a nonprofit organization based in Raleigh, NC, classified under NTEE code T20. The organization reported total revenue of $808K and total assets of $515K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The James G Martin Center For Academic Renewal's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The James G Martin Center For Academic Renewal is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $749K |
| Total Expenses | $724K |
| Surplus / Deficit | +$24K |
| Total Assets | $528K |
| Total Liabilities | $96K |
| Net Assets | $432K |
| Operating Margin | 3.2% |
| Debt-to-Asset Ratio | 18.2% |
| Months of Reserves | 8.7 months |
Financial Health Grade: A
In 2024, The James G Martin Center For Academic Renewal reported a surplus of $24K with revenue exceeding expenses, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 18.2% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), The James G Martin Center For Academic Renewal's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +260.7% | +2.0% | -3.7% |
| 2023 | -68.3% | +1.7% | -41.6% |
| 2022 | +8.9% | +10.5% | -2.9% |
| 2021 | -1.6% | +2.9% | -3.6% |
| 2020 | -5.1% | -6.1% | +96.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 The James G Martin Center For Academic Renewal with a Mission Score of 70 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The James G Martin Center For Academic Renewal allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no direct compensation is paid to officers, which is a strong positive for transparency and resource allocation.
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 The James G Martin Center For Academic Renewal's IRS 990 filings:
- Significant net operating losses in multiple periods, notably $502,463 in 202306 and $43,815 in 202206, indicating potential financial instability.
- Fluctuating revenue, with a sharp drop from $748,775 in 202406 to $207,582 in 202306, then back up, suggesting inconsistent funding sources.
- Decrease in assets from a peak of $1,001,929 in 202006 to $527,574 in 202406, potentially used to cover operating deficits.
Strengths
The following positive indicators were identified for The James G Martin Center For Academic Renewal:
- Consistent reporting of 0% officer compensation across all filings, indicating strong transparency regarding executive pay.
- Generally low liabilities relative to assets in most periods, suggesting prudent financial management of debt.
- Long filing history (10 filings) demonstrates consistent compliance with IRS reporting requirements.
Frequently Asked Questions about The James G Martin Center For Academic Renewal
Is The James G Martin Center For Academic Renewal a legitimate charity?
Based on AI analysis of IRS 990 filings, The James G Martin Center For Academic Renewal (EIN: 161686283) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does The James G Martin Center For Academic Renewal spend its money?
The James G Martin Center For Academic Renewal directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The James G Martin Center For Academic Renewal tax-deductible?
The James G Martin Center For Academic Renewal is registered as a tax-exempt nonprofit (EIN: 161686283). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant revenue drop in 202306 to $207,582 from $748,775 in 202406?
The filings show a sharp decrease in revenue in 202306, which led to a substantial deficit. Understanding the reason for this fluctuation is crucial for assessing financial stability.
How does the organization cover its expenses during periods of significant net loss, such as in 202306?
With expenses of $710,045 against revenue of $207,582 in 202306, the organization incurred a large deficit. It's important to understand if this was covered by drawing down assets, reserve funds, or other non-operating income.
What is the detailed functional expense breakdown (program, admin, fundraising) for the organization?
While the overall expenses are reported, a detailed breakdown is necessary to accurately assess spending efficiency and ensure a high percentage of funds are directed towards program services.
Filing History
IRS 990 filing history for The James G Martin Center For Academic Renewal showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), The James G Martin Center For Academic Renewal's revenue has grown by 31.1%, moving from $571K to $749K. Total assets increased by 110.5% over the same period, from $251K to $528K. Total functional expenses rose by 19.4%, from $607K to $724K. In its most recent filing year (2024), The James G Martin Center For Academic Renewal reported a surplus of $24K, with revenue exceeding expenses. The organization holds $96K in liabilities against $528K in assets (debt-to-asset ratio: 18.2%), resulting in net assets of $432K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $749K | $724K | $528K | $96K | — | View 990 |
| 2023 | $208K | $710K | $548K | $135K | — | View 990 |
| 2022 | $654K | $698K | $938K | $20K | — | View 990 |
| 2021 | $601K | $632K | $966K | $7K | — | View 990 |
| 2020 | $611K | $614K | $1.0M | $11K | — | View 990 |
| 2019 | $643K | $654K | $510K | $12K | — | View 990 |
| 2015 | $632K | $651K | $309K | $17K | — | View 990 |
| 2014 | $687K | $636K | $326K | $15K | — | View 990 |
| 2013 | $632K | $609K | $275K | $14K | — | View 990 |
| 2012 | $571K | $607K | $251K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $749K, expenses of $724K, and assets of $528K (revenue +260.7% year-over-year).
- 2023: Revenue of $208K, expenses of $710K, and assets of $548K (revenue -68.3% year-over-year).
- 2022: Revenue of $654K, expenses of $698K, and assets of $938K (revenue +8.9% year-over-year).
- 2021: Revenue of $601K, expenses of $632K, and assets of $966K (revenue -1.6% year-over-year).
- 2020: Revenue of $611K, expenses of $614K, and assets of $1.0M (revenue -5.1% year-over-year).
- 2019: Revenue of $643K, expenses of $654K, and assets of $510K (revenue +1.9% year-over-year).
- 2015: Revenue of $632K, expenses of $651K, and assets of $309K (revenue -8.0% year-over-year).
- 2014: Revenue of $687K, expenses of $636K, and assets of $326K (revenue +8.6% year-over-year).
- 2013: Revenue of $632K, expenses of $609K, and assets of $275K (revenue +10.7% year-over-year).
- 2012: Revenue of $571K, expenses of $607K, and assets of $251K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The James G Martin Center For Academic Renewal:
Data Sources and Methodology
This transparency report for The James G Martin Center For Academic Renewal 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.