Amalgamated Transit Union
Amalgamated Transit Union experiences two consecutive years of deficit spending, reducing assets.
EIN: 10018605 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $117K |
| Total Expenses | $116K |
| Program Spending | 70% |
| Net Assets | $30K |
| Transparency Score | 75/100 |
Is Amalgamated Transit Union Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amalgamated Transit Union directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Amalgamated Transit Union
Amalgamated Transit Union (EIN: 10018605) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $117K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amalgamated Transit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amalgamated Transit Union is a small nonprofit that has been operating for 86 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $116K |
| Surplus / Deficit | $-13,847 |
| Total Assets | $30K |
| Net Assets | $30K |
| Operating Margin | -13.6% |
| Months of Reserves | 3.1 months |
Financial Health Grade: B
In 2023, Amalgamated Transit Union reported a deficit of $14K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Amalgamated Transit Union's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.4% | +5.7% | -31.5% |
| 2022 | +2.3% | +29.3% | -31.8% |
| 2021 | +2.1% | +17.8% | +3.8% |
| 2020 | -2.0% | -16.7% | +27.2% |
| 2019 | +6.5% | +13.9% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1940 |
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 Amalgamated Transit Union with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Amalgamated Transit Union allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation, which is typical for smaller, volunteer-led unions or associations.
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 Amalgamated Transit Union's IRS 990 filings:
- Two consecutive years of deficit spending (2022 and 2023), with expenses exceeding revenue by $20,488 and $13,847 respectively.
- Declining asset base from $64,420 in 2021 to $30,085 in 2023 due to sustained deficit spending.
Strengths
The following positive indicators were identified for Amalgamated Transit Union:
- Consistent IRS 990 filing history over 13 periods, demonstrating transparency.
- Zero reported liabilities across all available filings, indicating sound debt management.
- Zero reported officer compensation, suggesting a lean administrative structure or volunteer leadership.
Frequently Asked Questions about Amalgamated Transit Union
Is Amalgamated Transit Union a legitimate charity?
Based on AI analysis of IRS 990 filings, Amalgamated Transit Union (EIN: 10018605) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Amalgamated Transit Union spend its money?
Amalgamated Transit Union directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Amalgamated Transit Union tax-deductible?
Amalgamated Transit Union is registered as a tax-exempt nonprofit (EIN: 10018605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Amalgamated Transit Union's spending goes to programs?
Amalgamated Transit Union directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Amalgamated Transit Union located?
Amalgamated Transit Union is headquartered in Portland, Maine and files with the IRS under EIN 10018605.
How many years of IRS 990 filings does Amalgamated Transit Union have?
Amalgamated Transit Union 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 $117K in total revenue.
What caused the increase in expenses in 2022 and 2023, leading to deficit spending?
The provided data shows expenses increased from $84,628 in 2021 to $109,448 in 2022 and $115,653 in 2023, while revenue growth did not keep pace. The specific reasons for this increase are not detailed in the summary data.
How does the Amalgamated Transit Union fund its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization likely relies on volunteer leadership or that any compensation for leadership roles is categorized differently within their expense structure, or is minimal.
What is the primary source of the organization's revenue?
The provided data only lists 'Revenue' without specifying sources. For a union, this typically includes membership dues.
Filing History
IRS 990 filing history for Amalgamated Transit Union showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Amalgamated Transit Union's revenue has grown by 56.6%, moving from $65K to $102K. Total assets increased by 434.5% over the same period, from $6K to $30K. Total functional expenses rose by 90.2%, from $61K to $116K. In its most recent filing year (2023), Amalgamated Transit Union reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $102K | $116K | $30K | $0 | — | — |
| 2022 | $89K | $109K | $44K | $0 | — | View 990 |
| 2021 | $87K | $85K | $64K | $0 | — | View 990 |
| 2020 | $85K | $72K | $62K | $0 | — | View 990 |
| 2019 | $87K | $86K | $49K | $0 | — | View 990 |
| 2018 | $82K | $76K | $48K | $0 | — | View 990 |
| 2017 | $87K | $77K | $42K | $0 | — | View 990 |
| 2016 | $75K | $59K | $32K | $0 | — | View 990 |
| 2015 | $79K | $77K | $16K | $0 | — | View 990 |
| 2014 | $66K | $72K | $13K | $0 | — | View 990 |
| 2013 | $68K | $60K | $19K | $0 | — | View 990 |
| 2012 | $65K | $58K | $12K | $0 | — | View 990 |
| 2011 | $65K | $61K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $102K, expenses of $116K, and assets of $30K (revenue +14.4% year-over-year).
- 2022: Revenue of $89K, expenses of $109K, and assets of $44K (revenue +2.3% year-over-year).
- 2021: Revenue of $87K, expenses of $85K, and assets of $64K (revenue +2.1% year-over-year).
- 2020: Revenue of $85K, expenses of $72K, and assets of $62K (revenue -2.0% year-over-year).
- 2019: Revenue of $87K, expenses of $86K, and assets of $49K (revenue +6.5% year-over-year).
- 2018: Revenue of $82K, expenses of $76K, and assets of $48K (revenue -6.5% year-over-year).
- 2017: Revenue of $87K, expenses of $77K, and assets of $42K (revenue +15.8% year-over-year).
- 2016: Revenue of $75K, expenses of $59K, and assets of $32K (revenue -5.0% year-over-year).
- 2015: Revenue of $79K, expenses of $77K, and assets of $16K (revenue +20.1% year-over-year).
- 2014: Revenue of $66K, expenses of $72K, and assets of $13K (revenue -2.3% year-over-year).
- 2013: Revenue of $68K, expenses of $60K, and assets of $19K (revenue +4.3% year-over-year).
- 2012: Revenue of $65K, expenses of $58K, and assets of $12K (revenue -0.4% year-over-year).
- 2011: Revenue of $65K, expenses of $61K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amalgamated Transit Union:
Data Sources and Methodology
This transparency report for Amalgamated Transit Union 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.