American Gem Trade Association Inc
American Gem Trade Association shows fluctuating revenues and expenses with no reported officer compensation.
EIN: 133067918 · Dallas, TX · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.8M |
| Total Expenses | $5.5M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $796K |
| Transparency Score | 65/100 |
Is American Gem Trade 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 Gem Trade Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About American Gem Trade Association Inc
American Gem Trade Association Inc (EIN: 133067918) is a nonprofit organization based in Dallas, TX. The organization reported total revenue of $5.8M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Gem Trade Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Gem Trade Association Inc is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.3M |
| Total Expenses | $5.5M |
| Surplus / Deficit | $-110,130 |
| Total Assets | $5.8M |
| Total Liabilities | $5.0M |
| Net Assets | $796K |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 86.3% |
| Months of Reserves | 12.8 months |
Financial Health Grade: C
In 2023, American Gem Trade Association Inc reported a deficit of $110K with expenses exceeding revenue, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 86.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Gem Trade Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.0% | +67.6% | +16.7% |
| 2022 | +160.0% | +90.7% | +74.2% |
| 2021 | -56.1% | -41.7% | +101.3% |
| 2020 | -26.1% | -30.1% | -56.4% |
| 2019 | -18.7% | -20.9% | -8.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
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 Gem Trade Association Inc with a Mission Score of 65 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, American Gem Trade Association Inc 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 $110K, with expenses exceeding revenue.
- Debt-to-asset ratio: 86.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, or trustees, which is highly unusual for an organization of this size with revenues exceeding $5 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 Gem Trade Association Inc's IRS 990 filings:
- Significant year-over-year revenue and expense volatility (e.g., 2021 revenue dip to $1.3M from $3M in 2020, then rebound to $5.3M in 2023).
- Expenses frequently exceed revenue, leading to net losses in some years (e.g., 2023: Expenses $5,455,733 vs. Revenue $5,345,603; 2021: Expenses $1,707,014 vs. Revenue $1,335,418).
- High liabilities relative to assets, with liabilities reaching $5,020,179 against assets of $5,815,804 in 2023, indicating potential financial leverage or deferred obligations.
- Unknown NTEE code hinders peer comparison and sector-specific analysis.
Strengths
The following positive indicators were identified for American Gem Trade Association Inc:
- Consistent reporting of 0% officer compensation, suggesting a commitment to minimizing executive overhead.
- Maintained positive assets over the entire filing history, growing from $1,421,309 in 2020 to $5,815,804 in 2023.
- Significant revenue growth in recent years, rebounding strongly from a 2021 low to $5,345,603 in 2023.
Frequently Asked Questions about American Gem Trade Association Inc
Is American Gem Trade Association Inc a legitimate charity?
American Gem Trade Association Inc (EIN: 133067918) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.8M. 4 red flags identified. 3 strengths noted. Financial health grade: C.
How does American Gem Trade Association Inc spend its money?
American Gem Trade Association Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to American Gem Trade Association Inc tax-deductible?
American Gem Trade Association Inc is registered as a tax-exempt nonprofit (EIN: 133067918). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the American Gem Trade Association Inc CEO make?
American Gem Trade Association Inc's highest-compensated officer earns $5 annually. The organization reported $5.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of American Gem Trade Association Inc's spending goes to programs?
American Gem Trade Association Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is American Gem Trade Association Inc located?
American Gem Trade Association Inc is headquartered in Dallas, Texas and files with the IRS under EIN 133067918.
How many years of IRS 990 filings does American Gem Trade Association Inc have?
American Gem Trade 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 $5.8M in total revenue.
How does AGTA manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is notable for an organization with revenues in the millions. This could indicate that leadership roles are filled by volunteers, or compensation is structured in a way that isn't reported as 'officer compensation' on the 990, such as through a related management entity. Further investigation into their operational structure would be needed.
What caused the significant revenue fluctuations, particularly the dip in 2021 and subsequent rebound?
The revenue dropped from $3,044,575 in 2020 to $1,335,418 in 2021, then surged to $3,472,269 in 2022 and $5,345,603 in 2023. This volatility suggests external factors, possibly related to economic conditions affecting the gem trade industry or specific events/initiatives undertaken by AGTA. Understanding these drivers is crucial for assessing financial stability.
What is the breakdown of AGTA's expenses into program, administrative, and fundraising categories?
Without a detailed functional expense breakdown from the 990, it's difficult to ascertain the efficiency of spending. The provided data only shows total expenses, making it challenging to determine how much directly supports their mission versus overhead.
Why is the NTEE code unknown for this organization?
An unknown NTEE code makes it difficult to compare AGTA's financial performance and operational efficiency against peer organizations in the same sector. This lack of classification can hinder external analysis and benchmarking.
Filing History
IRS 990 filing history for American Gem Trade Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Gem Trade Association Inc's revenue has grown by 21.8%, moving from $4.4M to $5.3M. Total assets increased by 87% over the same period, from $3.1M to $5.8M. Total functional expenses rose by 34.3%, from $4.1M to $5.5M. In its most recent filing year (2023), American Gem Trade Association Inc reported a deficit of $110K, with expenses exceeding revenue. The organization holds $5.0M in liabilities against $5.8M in assets (debt-to-asset ratio: 86.3%), resulting in net assets of $796K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $5.5M | $5.8M | $5.0M | — | — |
| 2022 | $3.5M | $3.3M | $5.0M | $4.1M | — | View 990 |
| 2021 | $1.3M | $1.7M | $2.9M | $2.2M | — | View 990 |
| 2020 | $3.0M | $2.9M | $1.4M | $415K | — | View 990 |
| 2019 | $4.1M | $4.2M | $3.3M | $2.4M | — | — |
| 2018 | $5.1M | $5.3M | $3.6M | $2.6M | — | View 990 |
| 2017 | $5.0M | $5.0M | $4.0M | $2.7M | — | — |
| 2016 | $4.9M | $4.9M | $3.7M | $2.4M | — | View 990 |
| 2015 | $4.6M | $4.5M | $3.6M | $2.2M | — | View 990 |
| 2014 | $4.6M | $4.5M | $3.6M | $2.3M | — | View 990 |
| 2013 | $4.6M | $4.4M | $3.5M | $2.2M | — | View 990 |
| 2012 | $4.7M | $4.4M | $3.4M | $2.3M | — | View 990 |
| 2011 | $4.4M | $4.1M | $3.1M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $5.5M, and assets of $5.8M (revenue +54.0% year-over-year).
- 2022: Revenue of $3.5M, expenses of $3.3M, and assets of $5.0M (revenue +160.0% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.7M, and assets of $2.9M (revenue -56.1% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.9M, and assets of $1.4M (revenue -26.1% year-over-year).
- 2019: Revenue of $4.1M, expenses of $4.2M, and assets of $3.3M (revenue -18.7% year-over-year).
- 2018: Revenue of $5.1M, expenses of $5.3M, and assets of $3.6M (revenue +2.3% year-over-year).
- 2017: Revenue of $5.0M, expenses of $5.0M, and assets of $4.0M (revenue +0.9% year-over-year).
- 2016: Revenue of $4.9M, expenses of $4.9M, and assets of $3.7M (revenue +6.1% year-over-year).
- 2015: Revenue of $4.6M, expenses of $4.5M, and assets of $3.6M (revenue +1.1% year-over-year).
- 2014: Revenue of $4.6M, expenses of $4.5M, and assets of $3.6M (revenue +0.0% year-over-year).
- 2013: Revenue of $4.6M, expenses of $4.4M, and assets of $3.5M (revenue -2.6% year-over-year).
- 2012: Revenue of $4.7M, expenses of $4.4M, and assets of $3.4M (revenue +7.1% year-over-year).
- 2011: Revenue of $4.4M, expenses of $4.1M, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Gem Trade Association Inc:
Data Sources and Methodology
This transparency report for American Gem Trade 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.