Associated Builders And Contractors Inc
Associated Builders And Contractors Inc shows consistent revenue growth and asset accumulation, with occasional operating deficits.
EIN: 160983637 · East Syracuse, NY · Updated: 2026-03-28
Is Associated Builders And Contractors Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Associated Builders And Contractors Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Associated Builders And Contractors Inc
Associated Builders And Contractors Inc (EIN: 160983637) is a nonprofit organization based in East Syracuse, NY. The organization reported total revenue of $3.6M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Associated Builders And Contractors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Associated Builders And Contractors Inc is a mid-size nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.9M |
| Surplus / Deficit | $-83,755 |
| Total Assets | $2.4M |
| Total Liabilities | $1.7M |
| Net Assets | $674K |
| Operating Margin | -3.0% |
| Debt-to-Asset Ratio | 71.6% |
| Months of Reserves | 9.8 months |
Financial Health Grade: C
In 2023, Associated Builders And Contractors Inc reported a deficit of $84K with expenses exceeding revenue, holds 9.8 months of operating reserves (strong position), has a debt-to-asset ratio of 71.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Associated Builders And Contractors Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.5% | +9.8% | +0.9% |
| 2022 | +17.3% | +19.7% | +23.0% |
| 2021 | +14.7% | +6.8% | +21.4% |
| 2020 | -16.3% | -21.3% | -3.3% |
| 2019 | +9.1% | +15.5% | +6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1973 |
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 Associated Builders And Contractors 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, Associated Builders And Contractors 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 $84K, with expenses exceeding revenue.
- Debt-to-asset ratio: 71.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues exceeding $2 million annually. This suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, which could obscure a clear understanding of leadership costs.
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 Associated Builders And Contractors Inc's IRS 990 filings:
- Consistent reporting of 0% officer compensation, which may obscure true executive costs.
- Occasional operating deficits, such as in 202312 where expenses exceeded revenue by $83,755.
Strengths
The following positive indicators were identified for Associated Builders And Contractors Inc:
- Consistent revenue growth over the past decade, from $1,716,582 in 201412 to $2,807,155 in 202312.
- Steady growth in assets, from $1,653,857 in 201412 to $2,371,445 in 202312, indicating financial stability.
- Long history of IRS 990 filings (13 filings), suggesting consistent compliance and operational longevity.
Frequently Asked Questions about Associated Builders And Contractors Inc
Is Associated Builders And Contractors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Associated Builders And Contractors Inc (EIN: 160983637) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Associated Builders And Contractors Inc spend its money?
Associated Builders And Contractors Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Associated Builders And Contractors Inc tax-deductible?
Associated Builders And Contractors Inc is registered as a tax-exempt nonprofit (EIN: 160983637). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of these expense categories, making it difficult to precisely assess spending efficiency.
How does Associated Builders And Contractors Inc manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests either a volunteer executive structure or that executive salaries are included in other expense categories, which would require further clarification from the full IRS Form 990.
What is the primary source of the organization's revenue?
The provided data only shows total revenue; the specific sources (e.g., membership dues, program service revenue, contributions) are not detailed.
Why did the organization experience an operating deficit in 202312?
In 202312, expenses ($2,890,910) exceeded revenue ($2,807,155) by $83,755. The specific reasons for this deficit are not detailed in the provided summary data.
Filing History
IRS 990 filing history for Associated Builders And Contractors Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Associated Builders And Contractors Inc's revenue has grown by 40.3%, moving from $2.0M to $2.8M. Total assets increased by 12% over the same period, from $2.1M to $2.4M. Total functional expenses rose by 36.8%, from $2.1M to $2.9M. In its most recent filing year (2023), Associated Builders And Contractors Inc reported a deficit of $84K, with expenses exceeding revenue. The organization holds $1.7M in liabilities against $2.4M in assets (debt-to-asset ratio: 71.6%), resulting in net assets of $674K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.9M | $2.4M | $1.7M | — | — |
| 2022 | $2.8M | $2.6M | $2.3M | $1.6M | — | View 990 |
| 2021 | $2.4M | $2.2M | $1.9M | $1.3M | — | View 990 |
| 2020 | $2.1M | $2.1M | $1.6M | $1.1M | — | — |
| 2019 | $2.5M | $2.6M | $1.6M | $1.2M | — | View 990 |
| 2018 | $2.3M | $2.3M | $1.5M | $976K | — | View 990 |
| 2017 | $2.1M | $2.1M | $1.5M | $972K | — | View 990 |
| 2016 | $2.1M | $2.2M | $1.7M | $1.1M | — | View 990 |
| 2015 | $1.8M | $1.9M | $1.6M | $866K | — | View 990 |
| 2014 | $1.7M | $1.6M | $1.7M | $762K | — | View 990 |
| 2013 | $1.7M | $2.0M | $1.6M | $825K | — | View 990 |
| 2012 | $2.1M | $2.2M | $1.9M | $909K | — | View 990 |
| 2011 | $2.0M | $2.1M | $2.1M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.9M, and assets of $2.4M (revenue +0.5% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.6M, and assets of $2.3M (revenue +17.3% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.2M, and assets of $1.9M (revenue +14.7% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.1M, and assets of $1.6M (revenue -16.3% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.6M, and assets of $1.6M (revenue +9.1% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.3M, and assets of $1.5M (revenue +9.3% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.1M, and assets of $1.5M (revenue +0.8% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.2M, and assets of $1.7M (revenue +16.9% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.9M, and assets of $1.6M (revenue +2.8% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.6M, and assets of $1.7M (revenue -0.3% year-over-year).
- 2013: Revenue of $1.7M, expenses of $2.0M, and assets of $1.6M (revenue -19.8% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.2M, and assets of $1.9M (revenue +7.2% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.1M, and assets of $2.1M.
Data Sources and Methodology
This transparency report for Associated Builders And Contractors 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.