Aerospace Industry Association Of Michigan
EIN: 822502157 · Rochester Hls, MI · NTEE: S41
Is Aerospace Industry Association Of Michigan Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Aerospace Industry Association Of Michigan
Aerospace Industry Association Of Michigan (EIN: 822502157) is a nonprofit organization based in Rochester Hls, MI, classified under NTEE code S41. The organization reported total revenue of $938K and total assets of $274K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aerospace Industry Association Of Michigan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Aerospace Industry Association Of Michigan has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aerospace Industry Association Of Michigan with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Aerospace Industry Association Of Michigan
Is Aerospace Industry Association Of Michigan a legitimate charity?
Based on AI analysis of IRS 990 filings, Aerospace Industry Association Of Michigan (EIN: 822502157) insufficient data. 0 red flags identified, 0 strengths noted.
How does Aerospace Industry Association Of Michigan spend its money?
Detailed spending breakdown data is not yet available for Aerospace Industry Association Of Michigan. Check back for updated IRS 990 analysis.
Are donations to Aerospace Industry Association Of Michigan tax-deductible?
Aerospace Industry Association Of Michigan is registered as a tax-exempt nonprofit (EIN: 822502157). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Aerospace Industry Association Of Michigan showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Aerospace Industry Association Of Michigan's revenue has grown by 1019%, moving from $58K to $653K. Total assets increased by 1037.1% over the same period, from $19K to $211K. Total functional expenses rose by 1301.6%, from $42K to $595K. In its most recent filing year (2023), Aerospace Industry Association Of Michigan reported a surplus of $58K, with revenue exceeding expenses. The organization holds $19K in liabilities against $211K in assets (debt-to-asset ratio: 9.0%), resulting in net assets of $192K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $653K | $595K | $211K | $19K | — | — |
| 2022 | $529K | $452K | $114K | $7K | — | View 990 |
| 2021 | $345K | $322K | $36K | $6K | — | View 990 |
| 2020 | $278K | $285K | $13K | $5K | — | — |
| 2019 | $269K | $312K | $18K | $3K | — | View 990 |
| 2018 | $238K | $191K | $60K | $2K | — | View 990 |
| 2017 | $58K | $42K | $19K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $653K, expenses of $595K, and assets of $211K (revenue +23.5% year-over-year).
- 2022: Revenue of $529K, expenses of $452K, and assets of $114K (revenue +53.5% year-over-year).
- 2021: Revenue of $345K, expenses of $322K, and assets of $36K (revenue +23.9% year-over-year).
- 2020: Revenue of $278K, expenses of $285K, and assets of $13K (revenue +3.4% year-over-year).
- 2019: Revenue of $269K, expenses of $312K, and assets of $18K (revenue +12.8% year-over-year).
- 2018: Revenue of $238K, expenses of $191K, and assets of $60K (revenue +308.8% year-over-year).
- 2017: Revenue of $58K, expenses of $42K, and assets of $19K.
Data Sources and Methodology
This transparency report for Aerospace Industry Association Of Michigan is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.