Amalmagated Transit Union
EIN: 591765236 · Tamarac, FL
| Metric | Value |
|---|---|
| Total Revenue | $761K |
| Total Expenses | $619K |
| Net Assets | $594K |
Is Amalmagated Transit Union Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Amalmagated Transit Union
Amalmagated Transit Union (EIN: 591765236) is a nonprofit organization based in Tamarac, FL. The organization reported total revenue of $761K and total assets of $785K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amalmagated Transit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amalmagated Transit Union is a small nonprofit that has been operating for 55 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $649K |
| Total Expenses | $619K |
| Surplus / Deficit | +$30K |
| Total Assets | $666K |
| Total Liabilities | $72K |
| Net Assets | $594K |
| Operating Margin | 4.6% |
| Debt-to-Asset Ratio | 10.8% |
| Months of Reserves | 12.9 months |
Financial Health Grade: A
In 2024, Amalmagated Transit Union reported a surplus of $30K with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 10.8% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Amalmagated Transit Union's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +9.5% | +19.7% | +10.6% |
| 2023 | -4.3% | -5.4% | +16.5% |
| 2022 | -4.4% | +4.4% | +13.9% |
| 2021 | +95041.0% | +93141.0% | +36.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Amalmagated Transit Union 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 Amalmagated Transit Union 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.8%.
Frequently Asked Questions about Amalmagated Transit Union
Is Amalmagated Transit Union a legitimate charity?
Based on AI analysis of IRS 990 filings, Amalmagated Transit Union (EIN: 591765236) insufficient data. 0 red flags identified, 0 strengths noted.
How does Amalmagated Transit Union spend its money?
Detailed spending breakdown data is not yet available for Amalmagated Transit Union. Check back for updated IRS 990 analysis.
Are donations to Amalmagated Transit Union tax-deductible?
Amalmagated Transit Union is registered as a tax-exempt nonprofit (EIN: 591765236). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Amalmagated Transit Union located?
Amalmagated Transit Union is headquartered in Tamarac, Florida and files with the IRS under EIN 591765236.
How many years of IRS 990 filings does Amalmagated Transit Union have?
Amalmagated Transit Union has 14 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 $761K in total revenue.
Filing History
IRS 990 filing history for Amalmagated Transit Union showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Amalmagated Transit Union's revenue has grown by 72.8%, moving from $375K to $649K. Total assets increased by 85.3% over the same period, from $360K to $666K. Total functional expenses rose by 71.1%, from $362K to $619K. In its most recent filing year (2024), Amalmagated Transit Union reported a surplus of $30K, with revenue exceeding expenses. The organization holds $72K in liabilities against $666K in assets (debt-to-asset ratio: 10.8%), resulting in net assets of $594K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $649K | $619K | $666K | $72K | — | — |
| 2023 | $593K | $517K | $603K | $38K | — | View 990 |
| 2022 | $620K | $546K | $517K | $29K | — | View 990 |
| 2021 | $648K | $523K | $454K | $39K | — | — |
| 2020 | $681 | $561 | $333K | $43K | — | View 990 |
| 2019 | $0 | $0 | $0 | $0 | — | View 990 |
| 2018 | $593K | $471K | $225K | $22K | — | View 990 |
| 2017 | $466K | $510K | $198K | $118K | — | View 990 |
| 2016 | $472K | $559K | $219K | $94K | — | View 990 |
| 2015 | $466K | $528K | $240K | $27K | — | View 990 |
| 2014 | $373K | $405K | $296K | $407K | — | View 990 |
| 2013 | $341K | $347K | $318K | $347K | — | View 990 |
| 2012 | $343K | $376K | $330K | $376K | — | View 990 |
| 2011 | $375K | $362K | $360K | $362K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $649K, expenses of $619K, and assets of $666K (revenue +9.5% year-over-year).
- 2023: Revenue of $593K, expenses of $517K, and assets of $603K (revenue -4.3% year-over-year).
- 2022: Revenue of $620K, expenses of $546K, and assets of $517K (revenue -4.4% year-over-year).
- 2021: Revenue of $648K, expenses of $523K, and assets of $454K (revenue +95041.0% year-over-year).
- 2020: Revenue of $681, expenses of $561, and assets of $333K.
- 2019: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2018: Revenue of $593K, expenses of $471K, and assets of $225K (revenue +27.3% year-over-year).
- 2017: Revenue of $466K, expenses of $510K, and assets of $198K (revenue -1.3% year-over-year).
- 2016: Revenue of $472K, expenses of $559K, and assets of $219K (revenue +1.2% year-over-year).
- 2015: Revenue of $466K, expenses of $528K, and assets of $240K (revenue +25.0% year-over-year).
- 2014: Revenue of $373K, expenses of $405K, and assets of $296K (revenue +9.4% year-over-year).
- 2013: Revenue of $341K, expenses of $347K, and assets of $318K (revenue -0.7% year-over-year).
- 2012: Revenue of $343K, expenses of $376K, and assets of $330K (revenue -8.5% year-over-year).
- 2011: Revenue of $375K, expenses of $362K, and assets of $360K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amalmagated Transit Union:
Data Sources and Methodology
This transparency report for Amalmagated 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.