Quick charity verification for Texas Association Of Manufactures (EIN: 203945491)
Verdict: Texas Association Of Manufactures appears trustworthy
90/100Mission Score
$1.9MRevenue
$2.4MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation, which is unusual and may warrant further investigation into how executive leadership is compensated or structured.
Strengths
Consistent revenue growth, increasing from $789,931 in 2014 to $2,062,841 in 2023.
Healthy and growing asset base, reaching $2,392,189 in 2023.
Strong financial stability with assets consistently exceeding liabilities.
Zero reported officer compensation, indicating a potential high efficiency in resource allocation or volunteer leadership.
Positive net income in most years, contributing to asset accumulation.
Spending Breakdown
How Texas Association Of Manufactures 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 Texas Association Of Manufactures
Is Texas Association Of Manufactures a legitimate charity?
Based on AI analysis of IRS 990 filings, Texas Association Of Manufactures (EIN: 203945491) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Texas Association Of Manufactures a good charity to donate to?
Texas Association Of Manufactures has a Mission Score of 90/100. Revenue: $1.9M. Assets: $2.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Texas Association Of Manufactures?
The Employer Identification Number (EIN) for Texas Association Of Manufactures is 203945491. 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 Texas Association Of Manufactures spend its money?
Texas Association Of Manufactures allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Texas Association Of Manufactures's tax-exempt status?
You can verify Texas Association Of Manufactures's tax-exempt status using EIN 203945491 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 Texas Association Of Manufactures demonstrates consistent financial growth and stability over the past decade. Revenue has steadily increased from $789,931 in 2014 to $2,062,841 in 2023, indicating strong support for its mission. The organization consistently maintains a healthy asset base, growing from $488,591 in 2014 to $2,392,189 in 2023, which provides a solid financial cushion.
Expense management appears sound, with expenses generally tracking below revenue, allowing for consistent asset accumulation. For instance, in 2023, expenses were $1,987,287 against revenues of $2,062,841. A notable strength is the reported 0% officer compensation across all available filings, which suggests a high degree of financial transparency and a commitment to directing funds towards organizational activities rather than executive salaries. This practice significantly enhances public trust and indicates efficient use of resources. The organization's financial health appears robust, with a clear trend of increasing capacity and responsible fiscal management.