The Robert &Myrtis Nims Foundation
EIN: 316630326 · Metairie, LA · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Total Expenses | $2K |
| Net Assets | $539K |
Is The Robert &Myrtis Nims Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Robert &Myrtis Nims Foundation
The Robert &Myrtis Nims Foundation (EIN: 316630326) is a nonprofit organization based in Metairie, LA, classified under NTEE code T20. The organization reported total revenue of $25K and total assets of $564K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Robert &Myrtis Nims Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Robert &Myrtis Nims Foundation is a micro nonprofit that has been operating for 27 years, with 9 years of IRS 990 filings on record (2011–2022).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -279.3% | -95.7% | -8.0% |
| 2021 | +48.5% | -29.3% | -1.9% |
| 2020 | -17.9% | -14.2% | -5.5% |
| 2019 | -95.4% | +239.1% | -10.5% |
| 2015 | +193.1% | +228.5% | +161.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Robert &Myrtis Nims Foundation 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 The Robert &Myrtis Nims Foundation 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.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The Robert &Myrtis Nims Foundation
Is The Robert &Myrtis Nims Foundation a legitimate charity?
The Robert &Myrtis Nims Foundation (EIN: 316630326) is a registered tax-exempt nonprofit based in Louisiana. It has 9 years of IRS 990 filings on record. Total revenue: $25K. No red flags identified. Financial health grade: B.
How does The Robert &Myrtis Nims Foundation spend its money?
The Robert &Myrtis Nims Foundation reported $25K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Robert &Myrtis Nims Foundation tax-deductible?
The Robert &Myrtis Nims Foundation is registered as a tax-exempt nonprofit (EIN: 316630326). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Robert &Myrtis Nims Foundation located?
The Robert &Myrtis Nims Foundation is headquartered in Metairie, Louisiana and files with the IRS under EIN 316630326. It is classified under NTEE code T20.
How many years of IRS 990 filings does The Robert &Myrtis Nims Foundation have?
The Robert &Myrtis Nims Foundation has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $25K in total revenue.
Filing History
IRS 990 filing history for The Robert &Myrtis Nims Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), The Robert &Myrtis Nims Foundation's revenue has declined by 2757.9%, moving from $2K to $-45,237. Total assets increased by 307.7% over the same period, from $132K to $539K. Total functional expenses fell by 84.2%, from $10K to $2K. The organization holds $1 in liabilities against $539K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $539K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $-45,237 | $2K | $539K | $1 | — | — |
| 2021 | $25K | $36K | $585K | $1 | — | View 990 |
| 2020 | $17K | $52K | $597K | $1 | — | — |
| 2019 | $21K | $60K | $631K | $1 | — | View 990 |
| 2015 | $454K | $18K | $706K | $0 | — | View 990 |
| 2014 | $155K | $5K | $269K | $0 | — | View 990 |
| 2013 | $3K | $2K | $120K | $0 | — | View 990 |
| 2012 | $0 | $13K | $119K | $0 | — | View 990 |
| 2011 | $2K | $10K | $132K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $-45,237, expenses of $2K, and assets of $539K (revenue -279.3% year-over-year).
- 2021: Revenue of $25K, expenses of $36K, and assets of $585K (revenue +48.5% year-over-year).
- 2020: Revenue of $17K, expenses of $52K, and assets of $597K (revenue -17.9% year-over-year).
- 2019: Revenue of $21K, expenses of $60K, and assets of $631K (revenue -95.4% year-over-year).
- 2015: Revenue of $454K, expenses of $18K, and assets of $706K (revenue +193.1% year-over-year).
- 2014: Revenue of $155K, expenses of $5K, and assets of $269K (revenue +5609.9% year-over-year).
- 2013: Revenue of $3K, expenses of $2K, and assets of $120K.
- 2012: Revenue of $0, expenses of $13K, and assets of $119K (revenue -100.0% year-over-year).
- 2011: Revenue of $2K, expenses of $10K, and assets of $132K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Robert &Myrtis Nims Foundation:
Data Sources and Methodology
This transparency report for The Robert &Myrtis Nims Foundation 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.