American Filtration And Seperations Society Inc
American Filtration And Separations Society Inc maintains stable assets and zero officer compensation amidst fluctuating revenues.
EIN: 161482027 · Nashville, TN · NTEE: U30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $411K |
| Total Expenses | $536K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $200,000 |
| Net Assets | $560K |
| Transparency Score | 85/100 |
Is American Filtration And Seperations Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Filtration And Seperations Society Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Filtration And Seperations Society Inc
American Filtration And Seperations Society Inc (EIN: 161482027) is a nonprofit organization based in Nashville, TN, classified under NTEE code U30. The organization reported total revenue of $411K and total assets of $611K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Filtration And Seperations Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Filtration And Seperations Society Inc is a small nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $573K |
| Total Expenses | $536K |
| Surplus / Deficit | +$37K |
| Total Assets | $696K |
| Total Liabilities | $136K |
| Net Assets | $560K |
| Operating Margin | 6.5% |
| Debt-to-Asset Ratio | 19.6% |
| Months of Reserves | 15.6 months |
Financial Health Grade: A
In 2023, American Filtration And Seperations Society Inc reported a surplus of $37K with revenue exceeding expenses, holds 15.6 months of operating reserves (strong position), has a debt-to-asset ratio of 19.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Filtration And Seperations Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.0% | -46.4% | +12.4% |
| 2022 | +301.6% | +229.4% | -38.4% |
| 2021 | +28.6% | +26.6% | +5.0% |
| 2020 | -24.8% | -29.9% | +6.4% |
| 2019 | -42.8% | -5.1% | +64.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1996 |
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 Filtration And Seperations Society 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, American Filtration And Seperations Society 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 $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly commendable for an organization of its size with revenues fluctuating between $200,000 and over $1 million.
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 Filtration And Seperations Society Inc's IRS 990 filings:
- Significant year-over-year revenue fluctuations (e.g., $1,080,886 in 2022 to $572,569 in 2023) could indicate reliance on volatile income streams.
Strengths
The following positive indicators were identified for American Filtration And Seperations Society Inc:
- Consistent 0% officer compensation across all filings, demonstrating strong financial stewardship.
- Healthy asset-to-liability ratio, with assets ($696,001 in 2023) significantly exceeding liabilities ($136,206 in 2023).
- Regular and timely IRS 990 filings, indicating good transparency and compliance.
- Expenses generally managed within revenue, preventing significant deficits in most years (e.g., $535,589 expenses vs. $572,569 revenue in 2023).
Frequently Asked Questions about American Filtration And Seperations Society Inc
Is American Filtration And Seperations Society Inc a legitimate charity?
American Filtration And Seperations Society Inc (EIN: 161482027) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $411K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does American Filtration And Seperations Society Inc spend its money?
American Filtration And Seperations Society Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to American Filtration And Seperations Society Inc tax-deductible?
American Filtration And Seperations Society Inc is registered as a tax-exempt nonprofit (EIN: 161482027). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the American Filtration And Seperations Society Inc CEO make?
American Filtration And Seperations Society Inc's highest-compensated officer earns $200,000 annually. The organization reported $411K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of American Filtration And Seperations Society Inc's spending goes to programs?
American Filtration And Seperations Society Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does American Filtration And Seperations Society Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), American Filtration And Seperations Society Inc is above average for NTEE category U30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Filtration And Seperations Society Inc located?
American Filtration And Seperations Society Inc is headquartered in Nashville, Tennessee and files with the IRS under EIN 161482027. It is classified under NTEE code U30.
How many years of IRS 990 filings does American Filtration And Seperations Society Inc have?
American Filtration And Seperations Society 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 $411K in total revenue.
Is American Filtration And Separations Society Inc a good charity?
Based on the available data, AFS appears to be a well-managed organization. Its consistent reporting of 0% officer compensation, healthy asset-to-liability ratio, and regular IRS 990 filings are strong positive indicators. While revenue fluctuates, expenses are generally managed to maintain financial stability.
What caused the significant revenue drop from 2022 to 2023?
The IRS 990 data alone does not specify the exact cause. However, given the nature of professional societies (NTEE Code U30), such fluctuations often relate to the timing or success of major conferences, membership drives, or grant cycles. Revenue decreased from $1,080,886 in 2022 to $572,569 in 2023.
How does the organization sustain itself without officer compensation?
The organization likely relies on volunteer leadership for its executive functions, or officers may be compensated through other means not reported on the 990 (e.g., through an affiliated entity, though this is less common for 0% reporting). This practice significantly reduces overhead and maximizes funds available for programs.
Filing History
IRS 990 filing history for American Filtration And Seperations Society Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Filtration And Seperations Society Inc's revenue has grown by 86.8%, moving from $306K to $573K. Total assets increased by 184.2% over the same period, from $245K to $696K. Total functional expenses rose by 103.5%, from $263K to $536K. In its most recent filing year (2023), American Filtration And Seperations Society Inc reported a surplus of $37K, with revenue exceeding expenses. The organization holds $136K in liabilities against $696K in assets (debt-to-asset ratio: 19.6%), resulting in net assets of $560K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $573K | $536K | $696K | $136K | — | — |
| 2022 | $1.1M | $999K | $619K | $104K | — | View 990 |
| 2021 | $269K | $303K | $1.0M | $564K | — | View 990 |
| 2020 | $209K | $240K | $957K | $495K | — | View 990 |
| 2019 | $278K | $342K | $900K | $404K | — | View 990 |
| 2018 | $487K | $360K | $547K | $302 | — | View 990 |
| 2017 | $471K | $429K | $423K | $804 | — | View 990 |
| 2016 | $337K | $390K | $372K | $207 | — | View 990 |
| 2015 | $362K | $361K | $425K | $0 | — | View 990 |
| 2014 | $445K | $350K | $424K | $0 | — | View 990 |
| 2013 | $308K | $252K | $329K | $0 | — | View 990 |
| 2012 | $290K | $261K | $274K | $0 | — | View 990 |
| 2011 | $306K | $263K | $245K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $573K, expenses of $536K, and assets of $696K (revenue -47.0% year-over-year).
- 2022: Revenue of $1.1M, expenses of $999K, and assets of $619K (revenue +301.6% year-over-year).
- 2021: Revenue of $269K, expenses of $303K, and assets of $1.0M (revenue +28.6% year-over-year).
- 2020: Revenue of $209K, expenses of $240K, and assets of $957K (revenue -24.8% year-over-year).
- 2019: Revenue of $278K, expenses of $342K, and assets of $900K (revenue -42.8% year-over-year).
- 2018: Revenue of $487K, expenses of $360K, and assets of $547K (revenue +3.4% year-over-year).
- 2017: Revenue of $471K, expenses of $429K, and assets of $423K (revenue +39.9% year-over-year).
- 2016: Revenue of $337K, expenses of $390K, and assets of $372K (revenue -7.1% year-over-year).
- 2015: Revenue of $362K, expenses of $361K, and assets of $425K (revenue -18.5% year-over-year).
- 2014: Revenue of $445K, expenses of $350K, and assets of $424K (revenue +44.6% year-over-year).
- 2013: Revenue of $308K, expenses of $252K, and assets of $329K (revenue +6.2% year-over-year).
- 2012: Revenue of $290K, expenses of $261K, and assets of $274K (revenue -5.5% year-over-year).
- 2011: Revenue of $306K, expenses of $263K, and assets of $245K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Filtration And Seperations Society Inc:
Data Sources and Methodology
This transparency report for American Filtration And Seperations Society 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.