I M Solutions Forum Inc

Nonprofit profile at a glance

EIN: 300807446
IRS 990-EZ coverage: 2015–2024
Forms available: Form 990-EZ 2024
Location: Norway, ME, USA
Phone: 6039303511
Rating: 84
Verdict: STRONG
Rating confidence: Moderate

Reported finances

Revenue: $131,433
Expenses: $146,587
Assets: $3,944
Liabilities: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

Nicholas J Positano (Executive Director)

People named in this filing

Nicholas J Positano (Executive Director)
Michael Smith (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide a collaborative platform for government and key personnel interested in vehicle emissions inspection and maintenance (I/M) programs to share information, receive training, and discuss program best practices

What it reported doing in 2024

Operating model

Revenue model: Other-operating. 81% of the money available for current operations came from other operating revenue.
Distribution model: Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

Financial Efficiency: 100
Transparency & Controls: 82
Sustainability: 24
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 100%; rating input score 100

Transparency & Controls

Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -11.5%; rating input score 14; 14th percentile among comparable filings
Total-asset coverage ratio: 0.03; rating input score 5; 5th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

Program expense growth: -3.8% per year; rating input score 0; 21st percentile among comparable filings
Revenue growth: -4.8% per year; rating input score 0; 9th percentile among comparable filings
Asset growth: -22.3% per year; rating input score 0; 6th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $147K in reported program spending
Leadership: top reported pay $0 · 2 people listed
Consistency: 7 of 7 current checks pass
Schedules: 2 filed schedules
Filing history: 10 filing years from 2015 to 2024
Contacts: How to reach this organization
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

High — Sustainability: Operating margin scored 14/100.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 5/100.
High — Growth: Asset growth scored 0/100.