American Boat Builders & Repairers Association Inc
American Boat Builders & Repairers Association Inc shows recent financial growth with no reported officer compensation.
EIN: 136162913 · Warren, RI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $131K |
| Total Expenses | $148K |
| Program Spending | 85% |
| Net Assets | $60K |
| Transparency Score | 85/100 |
Is American Boat Builders & Repairers Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Boat Builders & Repairers Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Boat Builders & Repairers Association Inc
American Boat Builders & Repairers Association Inc (EIN: 136162913) is a nonprofit organization based in Warren, RI. The organization reported total revenue of $131K and total assets of $84K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Boat Builders & Repairers Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Boat Builders & Repairers Association Inc is a small nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $148K |
| Surplus / Deficit | +$20K |
| Total Assets | $100K |
| Total Liabilities | $41K |
| Net Assets | $60K |
| Operating Margin | 12.0% |
| Debt-to-Asset Ratio | 40.5% |
| Months of Reserves | 8.1 months |
Financial Health Grade: A
In 2023, American Boat Builders & Repairers Association Inc reported a surplus of $20K with revenue exceeding expenses, holds 8.1 months of operating reserves (strong position), has a debt-to-asset ratio of 40.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Boat Builders & Repairers Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.5% | +40.0% | +36.5% |
| 2022 | +54.1% | +62.8% | +100.5% |
| 2021 | -18.7% | -32.0% | -59.4% |
| 2020 | +21.8% | -20.6% | +1.6% |
| 2019 | -55.0% | -19.4% | -5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1945 |
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 American Boat Builders & Repairers Association 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, American Boat Builders & Repairers Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led or very lean executive structure, which is highly favorable for a nonprofit of this size.
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 American Boat Builders & Repairers Association Inc's IRS 990 filings:
- Occasional operating deficits in prior years (e.g., 2019, 2017, 2015, 2014) indicate periods of spending exceeding revenue.
Strengths
The following positive indicators were identified for American Boat Builders & Repairers Association Inc:
- Consistent 0% officer compensation, indicating efficient use of funds and volunteer leadership.
- Recent positive financial growth with increasing revenue and assets from 2021 to 2023.
- Consistent filing of IRS Form 990s, demonstrating transparency and accountability.
- Healthy asset growth, with assets reaching $100,380 in 2023 from $36,692 in 2021.
Frequently Asked Questions about American Boat Builders & Repairers Association Inc
Is American Boat Builders & Repairers Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Boat Builders & Repairers Association Inc (EIN: 136162913) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does American Boat Builders & Repairers Association Inc spend its money?
American Boat Builders & Repairers Association Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Boat Builders & Repairers Association Inc tax-deductible?
American Boat Builders & Repairers Association Inc is registered as a tax-exempt nonprofit (EIN: 136162913). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Boat Builders & Repairers Association Inc's spending goes to programs?
American Boat Builders & Repairers Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is American Boat Builders & Repairers Association Inc located?
American Boat Builders & Repairers Association Inc is headquartered in Warren, Rhode Island and files with the IRS under EIN 136162913.
How many years of IRS 990 filings does American Boat Builders & Repairers Association Inc have?
American Boat Builders & Repairers Association 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 $131K in total revenue.
Is ABBRA financially stable?
Yes, ABBRA has shown recent financial stability and growth. Its assets increased from $36,692 in 2021 to $100,380 in 2023, and it reported a surplus in its latest filing (202312).
How does ABBRA manage executive compensation?
ABBRA reports 0% officer compensation across all available filings, suggesting a volunteer-driven leadership or very minimal executive salaries, which is a positive indicator of efficiency.
Has ABBRA's revenue been consistent?
ABBRA's revenue has fluctuated over the years, ranging from a low of $78,132 in 2021 to a high of $193,553 in 2016. However, it has shown a positive trend in the last three years, increasing from $78,132 in 2021 to $167,968 in 2023.
Filing History
IRS 990 filing history for American Boat Builders & Repairers Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Boat Builders & Repairers Association Inc's revenue has grown by 23.4%, moving from $136K to $168K. Total assets increased by 9.5% over the same period, from $92K to $100K. Total functional expenses rose by 16.9%, from $126K to $148K. In its most recent filing year (2023), American Boat Builders & Repairers Association Inc reported a surplus of $20K, with revenue exceeding expenses. The organization holds $41K in liabilities against $100K in assets (debt-to-asset ratio: 40.5%), resulting in net assets of $60K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $148K | $100K | $41K | — | — |
| 2022 | $120K | $106K | $74K | $34K | — | View 990 |
| 2021 | $78K | $65K | $37K | $12K | — | — |
| 2020 | $96K | $95K | $90K | $79K | — | View 990 |
| 2019 | $79K | $120K | $89K | $78K | — | View 990 |
| 2018 | $175K | $149K | $95K | $43K | — | View 990 |
| 2017 | $176K | $204K | $109K | $83K | — | View 990 |
| 2016 | $194K | $174K | $136K | $82K | — | View 990 |
| 2015 | $178K | $190K | $130K | $96K | — | View 990 |
| 2014 | $188K | $197K | $110K | $65K | — | View 990 |
| 2013 | $125K | $150K | $98K | $43K | — | View 990 |
| 2012 | $149K | $145K | $162K | $83K | — | View 990 |
| 2011 | $136K | $126K | $92K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $148K, and assets of $100K (revenue +39.5% year-over-year).
- 2022: Revenue of $120K, expenses of $106K, and assets of $74K (revenue +54.1% year-over-year).
- 2021: Revenue of $78K, expenses of $65K, and assets of $37K (revenue -18.7% year-over-year).
- 2020: Revenue of $96K, expenses of $95K, and assets of $90K (revenue +21.8% year-over-year).
- 2019: Revenue of $79K, expenses of $120K, and assets of $89K (revenue -55.0% year-over-year).
- 2018: Revenue of $175K, expenses of $149K, and assets of $95K (revenue -0.3% year-over-year).
- 2017: Revenue of $176K, expenses of $204K, and assets of $109K (revenue -9.1% year-over-year).
- 2016: Revenue of $194K, expenses of $174K, and assets of $136K (revenue +8.5% year-over-year).
- 2015: Revenue of $178K, expenses of $190K, and assets of $130K (revenue -5.0% year-over-year).
- 2014: Revenue of $188K, expenses of $197K, and assets of $110K (revenue +50.1% year-over-year).
- 2013: Revenue of $125K, expenses of $150K, and assets of $98K (revenue -15.8% year-over-year).
- 2012: Revenue of $149K, expenses of $145K, and assets of $162K (revenue +9.1% year-over-year).
- 2011: Revenue of $136K, expenses of $126K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Boat Builders & Repairers Association Inc:
Data Sources and Methodology
This transparency report for American Boat Builders & Repairers Association 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.