American Spice Trade Association Inc
American Spice Trade Association Inc. shows consistent revenue growth and zero reported officer compensation.
EIN: 134924480 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $1.9M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.6M |
| Transparency Score | 85/100 |
Is American Spice Trade Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Spice Trade Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About American Spice Trade Association Inc
American Spice Trade Association Inc (EIN: 134924480) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $2.6M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Spice Trade Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Spice Trade Association Inc is a mid-size nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$169K |
| Total Assets | $1.8M |
| Total Liabilities | $248K |
| Net Assets | $1.6M |
| Operating Margin | 8.1% |
| Debt-to-Asset Ratio | 13.6% |
| Months of Reserves | 11.5 months |
Financial Health Grade: A
In 2023, American Spice Trade Association Inc reported a surplus of $169K with revenue exceeding expenses, holds 11.5 months of operating reserves (strong position), has a debt-to-asset ratio of 13.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Spice Trade Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.9% | +4.9% | +12.0% |
| 2022 | +39.8% | +75.8% | -6.5% |
| 2021 | -0.9% | -20.1% | +9.0% |
| 2020 | -15.8% | -20.2% | +3.4% |
| 2019 | -3.6% | +14.9% | -5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1944 |
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 Spice Trade 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, American Spice 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 surplus of $169K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $2 million. This suggests that executive leadership may be compensated through other means not categorized as 'officer compensation' or that the organization is primarily volunteer-led at the executive level, which is a significant indicator of efficiency.
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.
Strengths
The following positive indicators were identified for American Spice Trade Association Inc:
- Consistent revenue growth, from $1,260,897 in 2021 to $2,077,841 in 2023.
- Healthy asset growth, reaching $1,825,425 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency or alternative compensation structures.
- Manageable liabilities relative to assets, demonstrating financial stability.
- Generally positive net income in recent years, contributing to asset accumulation.
Frequently Asked Questions about American Spice Trade Association Inc
Is American Spice Trade Association Inc a legitimate charity?
American Spice Trade Association Inc (EIN: 134924480) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.6M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does American Spice Trade Association Inc spend its money?
American Spice 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 Spice Trade Association Inc tax-deductible?
American Spice Trade Association Inc is registered as a tax-exempt nonprofit (EIN: 134924480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the American Spice Trade Association Inc CEO make?
American Spice Trade Association Inc's highest-compensated officer earns $2 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of American Spice Trade Association Inc's spending goes to programs?
American Spice Trade Association Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is American Spice Trade Association Inc located?
American Spice Trade Association Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 134924480.
How many years of IRS 990 filings does American Spice Trade Association Inc have?
American Spice 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 $2.6M in total revenue.
How does ASTA fund its executive leadership if officer compensation is consistently reported as 0%?
The consistent reporting of 0% officer compensation suggests that executive leadership may be compensated through other means (e.g., as employees rather than officers, or through a related entity) or that the organization is primarily volunteer-led at the executive level. Further detail from their full IRS 990 filings would be needed to clarify this.
What are the specific program activities that ASTA engages in?
The provided data does not detail specific program activities. As a trade association, its programs likely involve advocacy, industry standards, research, and member services for the spice trade industry.
What is the breakdown of ASTA's expenses into program, administrative, and fundraising categories?
The provided summary data does not include a detailed functional expense breakdown. This information would typically be found in Part IX of the full IRS Form 990.
Filing History
IRS 990 filing history for American Spice Trade Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Spice Trade Association Inc's revenue has grown by 70.3%, moving from $1.2M to $2.1M. Total assets increased by 40% over the same period, from $1.3M to $1.8M. Total functional expenses rose by 56.7%, from $1.2M to $1.9M. In its most recent filing year (2023), American Spice Trade Association Inc reported a surplus of $169K, with revenue exceeding expenses. The organization holds $248K in liabilities against $1.8M in assets (debt-to-asset ratio: 13.6%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.9M | $1.8M | $248K | — | View 990 |
| 2022 | $1.8M | $1.8M | $1.6M | $281K | — | View 990 |
| 2021 | $1.3M | $1.0M | $1.7M | $191K | — | — |
| 2020 | $1.3M | $1.3M | $1.6M | $268K | — | — |
| 2019 | $1.5M | $1.6M | $1.5M | $203K | — | View 990 |
| 2018 | $1.6M | $1.4M | $1.6M | $195K | — | View 990 |
| 2017 | $1.5M | $1.4M | $1.4M | $115K | — | View 990 |
| 2016 | $1.5M | $1.4M | $1.6M | $390K | — | View 990 |
| 2015 | $1.4M | $1.3M | $1.3M | $149K | — | View 990 |
| 2014 | $1.3M | $1.4M | $1.2M | $120K | — | View 990 |
| 2013 | $1.2M | $1.2M | $1.3M | $214K | — | View 990 |
| 2012 | $1.3M | $1.3M | $1.2M | $140K | — | View 990 |
| 2011 | $1.2M | $1.2M | $1.3M | $273K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.9M, and assets of $1.8M (revenue +17.9% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.8M, and assets of $1.6M (revenue +39.8% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.0M, and assets of $1.7M (revenue -0.9% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.3M, and assets of $1.6M (revenue -15.8% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.6M, and assets of $1.5M (revenue -3.6% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.4M, and assets of $1.6M (revenue +4.7% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.4M, and assets of $1.4M (revenue +3.2% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.4M, and assets of $1.6M (revenue +6.7% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $1.3M (revenue +1.5% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.4M, and assets of $1.2M (revenue +7.1% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $1.3M (revenue -6.2% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $1.2M (revenue +9.2% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Spice Trade Association Inc:
Data Sources and Methodology
This transparency report for American Spice 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.