Appalachian Hardwood Manufacturers Incorporated
EIN: 310202520 · High Point, NC
| Metric | Value |
|---|---|
| Total Revenue | $641K |
| Total Expenses | $522K |
| Net Assets | $563K |
Is Appalachian Hardwood Manufacturers Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Appalachian Hardwood Manufacturers Incorporated
Appalachian Hardwood Manufacturers Incorporated (EIN: 310202520) is a nonprofit organization based in High Point, NC. The organization reported total revenue of $641K and total assets of $634K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Appalachian Hardwood Manufacturers Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Appalachian Hardwood Manufacturers Incorporated is a small nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $527K |
| Total Expenses | $522K |
| Surplus / Deficit | +$5K |
| Total Assets | $566K |
| Total Liabilities | $4K |
| Net Assets | $563K |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 13.0 months |
Financial Health Grade: A
In 2023, Appalachian Hardwood Manufacturers Incorporated reported a surplus of $5K with revenue exceeding expenses, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Appalachian Hardwood Manufacturers Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.5% | +9.2% | +5.4% |
| 2022 | +12.7% | +17.2% | -3.7% |
| 2021 | +25.3% | +11.1% | +6.6% |
| 2020 | -8.5% | -7.5% | +5.0% |
| 2019 | -3.9% | -7.2% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Appalachian Hardwood Manufacturers Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Appalachian Hardwood Manufacturers Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Appalachian Hardwood Manufacturers Incorporated
Is Appalachian Hardwood Manufacturers Incorporated a legitimate charity?
Appalachian Hardwood Manufacturers Incorporated (EIN: 310202520) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $641K. No red flags identified. Financial health grade: A.
How does Appalachian Hardwood Manufacturers Incorporated spend its money?
Appalachian Hardwood Manufacturers Incorporated reported $641K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Appalachian Hardwood Manufacturers Incorporated tax-deductible?
Appalachian Hardwood Manufacturers Incorporated is registered as a tax-exempt nonprofit (EIN: 310202520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Appalachian Hardwood Manufacturers Incorporated located?
Appalachian Hardwood Manufacturers Incorporated is headquartered in High Point, North Carolina and files with the IRS under EIN 310202520.
How many years of IRS 990 filings does Appalachian Hardwood Manufacturers Incorporated have?
Appalachian Hardwood Manufacturers Incorporated 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 $641K in total revenue.
Filing History
IRS 990 filing history for Appalachian Hardwood Manufacturers Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Appalachian Hardwood Manufacturers Incorporated's revenue has grown by 39.9%, moving from $377K to $527K. Total assets increased by 6.7% over the same period, from $531K to $566K. Total functional expenses rose by 57.2%, from $332K to $522K. In its most recent filing year (2023), Appalachian Hardwood Manufacturers Incorporated reported a surplus of $5K, with revenue exceeding expenses. The organization holds $4K in liabilities against $566K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $563K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $527K | $522K | $566K | $4K | — | — |
| 2022 | $509K | $478K | $537K | $4K | — | View 990 |
| 2021 | $452K | $408K | $558K | $3K | — | View 990 |
| 2020 | $360K | $367K | $524K | $33K | — | View 990 |
| 2019 | $394K | $397K | $499K | $10K | — | View 990 |
| 2018 | $410K | $428K | $467K | $4K | — | View 990 |
| 2017 | $424K | $380K | $513K | $6K | — | View 990 |
| 2016 | $368K | $420K | $444K | $3K | — | View 990 |
| 2015 | $370K | $366K | $482K | $0 | — | View 990 |
| 2014 | $379K | $375K | $493K | $3K | — | View 990 |
| 2013 | $295K | $351K | $484K | $3K | — | View 990 |
| 2012 | $309K | $341K | $514K | $3K | — | View 990 |
| 2011 | $377K | $332K | $531K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $527K, expenses of $522K, and assets of $566K (revenue +3.5% year-over-year).
- 2022: Revenue of $509K, expenses of $478K, and assets of $537K (revenue +12.7% year-over-year).
- 2021: Revenue of $452K, expenses of $408K, and assets of $558K (revenue +25.3% year-over-year).
- 2020: Revenue of $360K, expenses of $367K, and assets of $524K (revenue -8.5% year-over-year).
- 2019: Revenue of $394K, expenses of $397K, and assets of $499K (revenue -3.9% year-over-year).
- 2018: Revenue of $410K, expenses of $428K, and assets of $467K (revenue -3.4% year-over-year).
- 2017: Revenue of $424K, expenses of $380K, and assets of $513K (revenue +15.3% year-over-year).
- 2016: Revenue of $368K, expenses of $420K, and assets of $444K (revenue -0.5% year-over-year).
- 2015: Revenue of $370K, expenses of $366K, and assets of $482K (revenue -2.5% year-over-year).
- 2014: Revenue of $379K, expenses of $375K, and assets of $493K (revenue +28.3% year-over-year).
- 2013: Revenue of $295K, expenses of $351K, and assets of $484K (revenue -4.4% year-over-year).
- 2012: Revenue of $309K, expenses of $341K, and assets of $514K (revenue -18.0% year-over-year).
- 2011: Revenue of $377K, expenses of $332K, and assets of $531K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Appalachian Hardwood Manufacturers Incorporated:
Data Sources and Methodology
This transparency report for Appalachian Hardwood Manufacturers Incorporated 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.