Is North American Insulation Manufacturers Association Inc Legit?

Quick charity verification for North American Insulation Manufacturers Association Inc (EIN: 131087340)

Verdict: North American Insulation Manufacturers Association Inc appears trustworthy

85/100Mission Score
$5.0MRevenue
$2.9MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How North American Insulation Manufacturers Association Inc allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
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 North American Insulation Manufacturers Association Inc

Is North American Insulation Manufacturers Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, North American Insulation Manufacturers Association Inc (EIN: 131087340) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is North American Insulation Manufacturers Association Inc a good charity to donate to?

North American Insulation Manufacturers Association Inc has a Mission Score of 85/100. Revenue: $5.0M. Assets: $2.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for North American Insulation Manufacturers Association Inc?

The Employer Identification Number (EIN) for North American Insulation Manufacturers Association Inc is 131087340. 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 North American Insulation Manufacturers Association Inc spend its money?

North American Insulation Manufacturers Association Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify North American Insulation Manufacturers Association Inc's tax-exempt status?

You can verify North American Insulation Manufacturers Association Inc's tax-exempt status using EIN 131087340 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 North American Insulation Manufacturers Association Inc. (NAIMA) demonstrates consistent financial stability, with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $4,707,888 against expenses of $4,323,749, resulting in a surplus. The organization's assets have also shown steady growth, increasing from $1,108,454 in 2014 to $2,738,587 in 2023, indicating sound financial management and accumulation of reserves. Liabilities have remained relatively low across most years, suggesting a healthy balance sheet. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, it's challenging to precisely assess the efficiency ratio. However, the consistent surpluses suggest that the organization is managing its overall expenditures effectively within its revenue streams. The absence of reported officer compensation across all filings indicates a potential for high program spending, assuming other operational costs are managed well. Transparency appears to be strong concerning executive compensation, as no officer compensation has been reported in any of the provided filings. This suggests either a volunteer-led executive team or that compensation is structured in a way that it's not reported as 'officer compensation' in the standard 990 section, which would warrant further investigation for complete transparency. The consistent filing of IRS Form 990s over 13 periods also points to a commitment to regulatory compliance and public disclosure.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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