Steady growth in assets over the past decade, from $29,977,938 in 2015 to $44,638,756 in 2023.
Low liabilities relative to assets, suggesting strong financial stability (e.g., $13.3M liabilities vs. $44.6M assets in 2023).
Consistent reporting of 0% for Officer Compensation, suggesting efficient use of funds or volunteer leadership.
Spending Breakdown
How Motor & Equipment Manufacturers Association allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Motor & Equipment Manufacturers Association
Is Motor & Equipment Manufacturers Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Motor & Equipment Manufacturers Association (EIN: 131068400) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Motor & Equipment Manufacturers Association a good charity to donate to?
Motor & Equipment Manufacturers Association has a Mission Score of 85/100. Revenue: $35.6M. Assets: $48.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Motor & Equipment Manufacturers Association?
The Employer Identification Number (EIN) for Motor & Equipment Manufacturers Association is 131068400. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Motor & Equipment Manufacturers Association spend its money?
Motor & Equipment Manufacturers Association allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Motor & Equipment Manufacturers Association's tax-exempt status?
You can verify Motor & Equipment Manufacturers Association's tax-exempt status using EIN 131068400 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Motor & Equipment Manufacturers Association (MEMA) demonstrates consistent financial health with a steady increase in assets over the past decade, reaching $44,638,756 in 2023. Their revenue has fluctuated but generally remained strong, with a notable increase to $18,337,390 in 2023. The organization consistently operates with a surplus, indicating sound financial management, as seen in 2023 where revenue exceeded expenses by over $1.5 million. While specific program spending ratios are not detailed in the provided data, the consistent surplus suggests efficient operations relative to their revenue streams.
Transparency regarding executive compensation is high, as the filings consistently report 0% for Officer Comp, implying that executive salaries are either not reported in this category or are covered by other expense lines not categorized as 'Officer Comp' in the provided summary. This could also indicate that the organization's leadership is compensated through other means or that the organization operates with a volunteer leadership structure, which would be a significant strength in terms of resource allocation. Further detail on functional expenses would be needed for a complete assessment of spending efficiency across programs, administration, and fundraising.