Allied Committee For The Truckingindustry Inc
Trucking Industry Committee Shows Consistent Revenue and Asset Growth with No Reported Officer Compensation
EIN: 205029296 · Irving, TX · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $910K |
| Total Expenses | $927K |
| Program Spending | 80% |
| Net Assets | $555K |
| Transparency Score | 85/100 |
Is Allied Committee For The Truckingindustry Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Allied Committee For The Truckingindustry Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Allied Committee For The Truckingindustry Inc
Allied Committee For The Truckingindustry Inc (EIN: 205029296) is a nonprofit organization based in Irving, TX, classified under NTEE code S41. The organization reported total revenue of $910K and total assets of $709K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Allied Committee For The Truckingindustry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Allied Committee For The Truckingindustry Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $927K |
| Surplus / Deficit | +$88K |
| Total Assets | $820K |
| Total Liabilities | $265K |
| Net Assets | $555K |
| Operating Margin | 8.7% |
| Debt-to-Asset Ratio | 32.3% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2023, Allied Committee For The Truckingindustry Inc reported a surplus of $88K with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 32.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Allied Committee For The Truckingindustry Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +0.4% | +15.2% |
| 2022 | +-0.0% | +1.0% | +48.4% |
| 2021 | -3.7% | +10.2% | -0.7% |
| 2020 | +-0.0% | -8.8% | +31.6% |
| 2019 | +3.9% | +0.0% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Allied Committee For The Truckingindustry Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Allied Committee For The Truckingindustry Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $88K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, which is a strong positive for financial stewardship and public trust.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Allied Committee For The Truckingindustry Inc's IRS 990 filings:
- Emergence of significant liabilities in recent years ($265,000 in 2023) without clear context in the provided data.
Strengths
The following positive indicators were identified for Allied Committee For The Truckingindustry Inc:
- Consistent revenue generation, generally between $900,000 and $1,015,059 annually.
- Significant growth in assets from $308,454 in 2014 to $820,142 in 2023.
- Zero reported officer compensation across all available filings, indicating strong financial stewardship.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.
Frequently Asked Questions about Allied Committee For The Truckingindustry Inc
Is Allied Committee For The Truckingindustry Inc a legitimate charity?
Allied Committee For The Truckingindustry Inc (EIN: 205029296) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $910K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Allied Committee For The Truckingindustry Inc spend its money?
Allied Committee For The Truckingindustry Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Allied Committee For The Truckingindustry Inc tax-deductible?
Allied Committee For The Truckingindustry Inc is registered as a tax-exempt nonprofit (EIN: 205029296). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Allied Committee For The Truckingindustry Inc's spending goes to programs?
Allied Committee For The Truckingindustry Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Allied Committee For The Truckingindustry Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Allied Committee For The Truckingindustry Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Allied Committee For The Truckingindustry Inc located?
Allied Committee For The Truckingindustry Inc is headquartered in Irving, Texas and files with the IRS under EIN 205029296. It is classified under NTEE code S41.
How many years of IRS 990 filings does Allied Committee For The Truckingindustry Inc have?
Allied Committee For The Truckingindustry Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $910K in total revenue.
Is Allied Committee For The Truckingindustry Inc financially stable?
Yes, the organization appears financially stable, consistently generating revenues around $900,000 to $1 million and showing a steady increase in assets from $308,454 in 2014 to $820,142 in 2023. While liabilities have increased in recent years, the overall asset base is strong.
How does the organization manage executive compensation?
Allied Committee For The Truckingindustry Inc reports 0% officer compensation in all available IRS 990 filings, suggesting that its officers are either volunteers or compensated through mechanisms not categorized as officer compensation, which is a positive indicator for resource allocation.
Has the organization's financial health improved over time?
Yes, the organization's assets have grown significantly from $308,454 in 2014 to $820,142 in 2023, indicating an improvement in its financial health and capacity over the last decade.
Filing History
IRS 990 filing history for Allied Committee For The Truckingindustry Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Allied Committee For The Truckingindustry Inc's revenue has grown by 30%, moving from $781K to $1.0M. Total assets increased by 109.9% over the same period, from $391K to $820K. Total functional expenses rose by 26.1%, from $735K to $927K. In its most recent filing year (2023), Allied Committee For The Truckingindustry Inc reported a surplus of $88K, with revenue exceeding expenses. The organization holds $265K in liabilities against $820K in assets (debt-to-asset ratio: 32.3%), resulting in net assets of $555K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $927K | $820K | $265K | — | — |
| 2022 | $910K | $923K | $712K | $245K | — | View 990 |
| 2021 | $910K | $914K | $480K | $0 | — | View 990 |
| 2020 | $945K | $829K | $483K | $0 | — | — |
| 2019 | $945K | $909K | $367K | $0 | — | View 990 |
| 2018 | $910K | $909K | $331K | $0 | — | View 990 |
| 2017 | $910K | $915K | $330K | $0 | — | View 990 |
| 2016 | $899K | $902K | $335K | $0 | — | View 990 |
| 2015 | $945K | $915K | $339K | $0 | — | View 990 |
| 2014 | $810K | $834K | $308K | $0 | — | View 990 |
| 2013 | $750K | $816K | $332K | $0 | — | View 990 |
| 2012 | $750K | $743K | $398K | $0 | — | View 990 |
| 2011 | $781K | $735K | $391K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $927K, and assets of $820K (revenue +11.5% year-over-year).
- 2022: Revenue of $910K, expenses of $923K, and assets of $712K (revenue +-0.0% year-over-year).
- 2021: Revenue of $910K, expenses of $914K, and assets of $480K (revenue -3.7% year-over-year).
- 2020: Revenue of $945K, expenses of $829K, and assets of $483K (revenue +-0.0% year-over-year).
- 2019: Revenue of $945K, expenses of $909K, and assets of $367K (revenue +3.9% year-over-year).
- 2018: Revenue of $910K, expenses of $909K, and assets of $331K (revenue +0.0% year-over-year).
- 2017: Revenue of $910K, expenses of $915K, and assets of $330K (revenue +1.3% year-over-year).
- 2016: Revenue of $899K, expenses of $902K, and assets of $335K (revenue -4.9% year-over-year).
- 2015: Revenue of $945K, expenses of $915K, and assets of $339K (revenue +16.7% year-over-year).
- 2014: Revenue of $810K, expenses of $834K, and assets of $308K (revenue +8.0% year-over-year).
- 2013: Revenue of $750K, expenses of $816K, and assets of $332K (revenue +-0.0% year-over-year).
- 2012: Revenue of $750K, expenses of $743K, and assets of $398K (revenue -3.9% year-over-year).
- 2011: Revenue of $781K, expenses of $735K, and assets of $391K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Allied Committee For The Truckingindustry Inc:
Data Sources and Methodology
This transparency report for Allied Committee For The Truckingindustry Inc 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.