American Welding Society Inc

American Welding Society Inc. maintains strong financial health with consistent asset growth and no reported officer compensation.

EIN: 130434890 · Doral, FL · NTEE: S410 · Updated: 2026-03-28

$47.6MRevenue
$46.8MGross Revenue
$167.3MAssets
85/100Mission Score (Excellent)
S410
American Welding Society Inc Financial Summary
MetricValue
Total Revenue$47.6M
Total Expenses$40.1M
Program Spending80%
CEO/Top Officer Pay$40
Net Assets$142.5M
Transparency Score85/100

Search Intent Cockpit

American Welding Society Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

American Welding Society Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around American Welding Society Inc in one place.

Form 990 Filing Summary

12 filing years are available, with latest revenue of $45.4M and expenses of $40.1M.

Revenue and Expenses

American Welding Society Inc reported $45.4M in revenue and $40.1M in expenses, a surplus of $5.3M.

Executive Compensation

Top officer compensation appears as $40 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

85/100 mission score, 2 red flags, and 5 strengths are shown from structured and AI review.

Is American Welding Society Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
12Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

American Welding Society Inc Expense Deployment
Program services$32.1M (80%)

Across stored filings, American Welding Society Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

American Welding Society Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade A12 stored filing years
Peer contextCompare with Cornelia Warren Community Assn IncFlorida and Community Improvement context

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American Welding Society Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About American Welding Society Inc

American Welding Society Inc (EIN: 130434890) is a nonprofit organization based in Doral, FL, classified under NTEE code S410. The organization reported total revenue of $47.6M and total assets of $167.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Welding Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

83Years Operating
LargeSize Classification
12Years of Filings
MixedRevenue Trajectory

American Welding Society Inc is a large nonprofit that has been operating for 83 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$45.4M
Total Expenses$40.1M
Surplus / Deficit+$5.3M
Total Assets$152.1M
Total Liabilities$9.5M
Net Assets$142.5M
Operating Margin11.7%
Debt-to-Asset Ratio6.3%
Months of Reserves45.5 months

Financial Health Grade: A

In 2023, American Welding Society Inc reported a surplus of $5.3M with revenue exceeding expenses, holds 45.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.3% (very low leverage).

Financial Trends

Over 12 years of filings (2011–2023), American Welding Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+9.0%+31.2%+15.5%
2022-0.2%+9.6%-10.8%
2021+13.9%+4.6%+11.2%
2020-16.5%-15.1%+16.5%
2019+2.5%-2.5%+18.7%

IRS Tax-Exempt Classification

IRS Classification Codes2800
IRS Ruling Date1943

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The American Welding Society Inc. demonstrates strong financial health and consistent growth in assets over the past decade, reaching $167,266,956 in the latest period. The organization consistently operates with a surplus, as seen in 2023 where revenue was $45,359,812 against expenses of $40,069,271, indicating sound financial management. Their liabilities remain a small fraction of their assets, suggesting a stable financial position. While specific program spending percentages are not detailed in the provided summary, the consistent operational surplus and significant asset base suggest a well-resourced organization. The absence of reported officer compensation across all filings is a notable point regarding executive remuneration, which could indicate a volunteer-led executive board or that compensation is reported under other categories not specified here. Further detail on functional expenses would be needed to fully assess spending efficiency. Overall, the American Welding Society Inc. appears to be a financially robust organization with a strong balance sheet and a history of responsible financial operations. The lack of reported officer compensation in the provided data is a unique characteristic that contributes to a perception of fiscal prudence, though a deeper dive into their functional expense breakdown would provide a more complete picture of their spending efficiency and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates American Welding 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: 10%
  • programs: 80%
  • fundraising: 10%

According to IRS 990 filings, American Welding Society Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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:

$45.4MTotal Revenue
$40.1MTotal Expenses
$152.1MTotal Assets
$9.5MTotal Liabilities
$142.5MNet Assets
  • The organization reported a surplus of $5.3M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 6.3%.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% officer compensation across all periods, which is highly unusual for an organization of this size with annual revenues exceeding $40 million. This suggests either a volunteer-led executive team or that executive compensation is categorized differently within the filings, warranting further investigation for full transparency.

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 Welding Society Inc's IRS 990 filings:

  • Lack of detailed functional expense breakdown in summary data makes full spending efficiency assessment difficult.
  • 0% reported officer compensation for an organization of this size is unusual and may require further scrutiny of compensation reporting categories.

Strengths

The following positive indicators were identified for American Welding Society Inc:

  • Consistent revenue growth over the past decade, from $36,973,479 in 2014 to $47,593,345 currently.
  • Significant and consistent asset growth, more than doubling in the last decade to $167,266,956.
  • Consistently operates with a financial surplus, indicating strong financial management (e.g., $5,290,541 surplus in 2023).
  • Low liabilities relative to assets, demonstrating a very strong balance sheet and financial stability.
  • No reported officer compensation across all filings, suggesting fiscal prudence or a unique executive compensation structure.

Frequently Asked Questions about American Welding Society Inc

Is American Welding Society Inc a legitimate charity?

American Welding Society Inc (EIN: 130434890) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $47.6M. 2 red flags identified. 5 strengths noted. Financial health grade: A.

How does American Welding Society Inc spend its money?

American Welding Society Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to American Welding Society Inc tax-deductible?

American Welding Society Inc is registered as a tax-exempt nonprofit (EIN: 130434890). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the American Welding Society Inc CEO make?

American Welding Society Inc's highest-compensated officer earns $40 annually. The organization reported $47.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of American Welding Society Inc's spending goes to programs?

American Welding Society Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does American Welding Society Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), American Welding Society Inc is above average for NTEE category S410 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is American Welding Society Inc located?

American Welding Society Inc is headquartered in Doral, Florida and files with the IRS under EIN 130434890. It is classified under NTEE code S410.

How many years of IRS 990 filings does American Welding Society Inc have?

American Welding Society Inc has 12 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 $47.6M in total revenue.

Is American Welding Society Inc. a good charity?

Based on the provided financial data, the American Welding Society Inc. appears to be a financially sound organization with consistent revenue growth, significant assets, and a history of operating with a surplus. The absence of reported officer compensation is a positive indicator of fiscal prudence. However, without a detailed breakdown of program spending versus administrative and fundraising costs, a complete assessment of its charitable effectiveness is limited.

How does American Welding Society Inc. manage its finances?

The organization demonstrates strong financial management, consistently generating more revenue than expenses. For example, in 2023, revenue was $45,359,812 against expenses of $40,069,271, resulting in a surplus. Its assets have grown significantly from $65,070,294 in 2014 to $167,266,956 currently, indicating effective asset accumulation and investment.

What is the trend in American Welding Society Inc.'s assets and liabilities?

The organization shows a strong upward trend in assets, more than doubling from $65,070,294 in 2014 to $167,266,956 currently. Liabilities have also increased but at a much slower rate, remaining a small percentage of total assets (e.g., $9,543,722 in liabilities against $152,077,771 in assets in 2023), indicating a very healthy balance sheet.

Filing History

IRS 990 filing history for American Welding Society Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), American Welding Society Inc's revenue has grown by 64.1%, moving from $27.6M to $45.4M. Total assets increased by 184% over the same period, from $53.6M to $152.1M. Total functional expenses rose by 102.7%, from $19.8M to $40.1M. In its most recent filing year (2023), American Welding Society Inc reported a surplus of $5.3M, with revenue exceeding expenses. The organization holds $9.5M in liabilities against $152.1M in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $142.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $45.4M $40.1M $152.1M $9.5M View 990
2022 $41.6M $30.5M $131.6M $8.6M View 990
2021 $41.7M $27.9M $147.6M $7.6M View 990
2020 $36.6M $26.6M $132.7M $7.0M View 990
2019 $43.9M $31.4M $113.9M $8.4M View 990
2018 $42.8M $32.2M $96.0M $7.3M View 990
2017 $41.8M $31.3M $94.1M $7.1M View 990
2016 $41.6M $29.4M $83.2M $6.3M View 990
2015 $41.9M $28.9M $74.0M $6.3M View 990
2014 $37.0M $26.2M $65.1M $5.1M View 990
2012 $33.7M $22.9M $65.5M $4.4M View 990
2011 $27.6M $19.8M $53.6M $4.4M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $45.4M, expenses of $40.1M, and assets of $152.1M (revenue +9.0% year-over-year).
  • 2022: Revenue of $41.6M, expenses of $30.5M, and assets of $131.6M (revenue -0.2% year-over-year).
  • 2021: Revenue of $41.7M, expenses of $27.9M, and assets of $147.6M (revenue +13.9% year-over-year).
  • 2020: Revenue of $36.6M, expenses of $26.6M, and assets of $132.7M (revenue -16.5% year-over-year).
  • 2019: Revenue of $43.9M, expenses of $31.4M, and assets of $113.9M (revenue +2.5% year-over-year).
  • 2018: Revenue of $42.8M, expenses of $32.2M, and assets of $96.0M (revenue +2.3% year-over-year).
  • 2017: Revenue of $41.8M, expenses of $31.3M, and assets of $94.1M (revenue +0.6% year-over-year).
  • 2016: Revenue of $41.6M, expenses of $29.4M, and assets of $83.2M (revenue -0.7% year-over-year).
  • 2015: Revenue of $41.9M, expenses of $28.9M, and assets of $74.0M (revenue +13.2% year-over-year).
  • 2014: Revenue of $37.0M, expenses of $26.2M, and assets of $65.1M (revenue +9.8% year-over-year).
  • 2012: Revenue of $33.7M, expenses of $22.9M, and assets of $65.5M (revenue +21.8% year-over-year).
  • 2011: Revenue of $27.6M, expenses of $19.8M, and assets of $53.6M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for American Welding Society Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for American Welding 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.

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