Research Centers in Minority Institutions Pi Association Inc

Nonprofit profile at a glance

EIN
931942581
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
New Orleans, LA, USA
Phone
5043296454
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$91,500
Expenses
$47,999
Assets
$79,695

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

Leadership & pay

3 people listed

Executive titles in this filing

  • EMMA FERNANDEZ-REPOLLET (PRESIDENT)

People named in this filing

  • GENE D'AMOUR (TRUSTEE)
  • EMMA FERNANDEZ-REPOLLET (PRESIDENT)
  • KARAM SOLIMAN (TRUSTEE)

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

The purpose for which the corporation is organized is to operate exclusively for the promotion of social welfare within the meaning of section 501 ( c )( 4) of the code. Specifically, the corporation shall be a consortium of historically black colleges and universities that will work together to pursue government research grants.

What it reported doing in 2024

Conducted an in-person annual meeting in march 2025, with stakeholders in Washington, dc. Held an in-person meeting with the presidents of the rcmi institutions in bethesda, md in march 2025. Prepare and submit a letter to the appropriation committee supporting the nih budget and rcmi programs. Prepare and send letters to congress representatives and the director of nih on behalf of the rcmi program and its impact on health. Provide information to assist institutions whose rcmi grants were terminated. Keep track of the funding cycles of the rcmi programs.

Operating model

Revenue model
Membership-supported. 96% of the money available for current operations came from membership dues.
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

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 82
  • Sustainability: 67
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 43.8%; rating input score 44
  • Program expense ratio: 83.6%; rating input score 84

Transparency & Controls

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

Sustainability

  • Operating margin: 47.5%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 1.66; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 43.8% of revenue deployed · 83.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $40K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.