Is Wire & Cable Manufacturers Alliance Inc Legit?

Quick charity verification for Wire & Cable Manufacturers Alliance Inc (EIN: 203384124)

Verdict: Wire & Cable Manufacturers Alliance Inc appears trustworthy

90/100Mission Score
$203KRevenue
$151KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

The Wire & Cable Manufacturers Alliance Inc. demonstrates consistent financial health as a smaller organization, with revenues generally exceeding expenses in recent years, leading to a steady growth in assets. For instance, in 2023, revenue was $84,452 against expenses of $74,822, contributing to an asset base of $108,757. The organization's spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings, indicating that leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for resource allocation. The organization's transparency is high, as evidenced by its consistent filing of IRS Form 990s over many years, providing a clear historical financial record. The absence of reported officer compensation further enhances its transparency profile, as it suggests that a significant portion of its operational budget is directed towards its mission rather than executive salaries. While specific program spending details are not provided in the summary data, the overall financial picture suggests a well-managed entity with a focus on its stated purpose, given its stable asset growth and low liability profile.

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Disclaimer

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

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