Associated Builders And Contractors Inc
Associated Builders And Contractors Inc: Financial Health and Operational Transparency
EIN: 222581276 · Gray, ME · NTEE: S41Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $790K |
| Total Expenses | $612K |
| Program Spending | 80% |
| Net Assets | $444K |
| Transparency Score | 75/100 |
Is Associated Builders And Contractors Inc Legit?
Appears Legitimate
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 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Associated Builders And Contractors Inc
Associated Builders And Contractors Inc (EIN: 222581276) is a nonprofit organization based in Gray, ME, classified under NTEE code S41Z. The organization reported total revenue of $790K and total assets of $587K 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 small nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $727K |
| Total Expenses | $612K |
| Surplus / Deficit | +$116K |
| Total Assets | $681K |
| Total Liabilities | $237K |
| Net Assets | $444K |
| Operating Margin | 15.9% |
| Debt-to-Asset Ratio | 34.8% |
| Months of Reserves | 13.4 months |
Financial Health Grade: A
In 2023, Associated Builders And Contractors Inc reported a surplus of $116K with revenue exceeding expenses, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 34.8% (moderate 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 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.8% | -9.1% | +18.0% |
| 2022 | +4.9% | +12.9% | +4.2% |
| 2021 | +16.2% | +15.7% | +14.6% |
| 2020 | -18.4% | -19.8% | +6.5% |
| 2019 | +18.9% | +9.0% | +30.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1964 |
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 75 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Associated Builders And Contractors 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:
- The organization reported a surplus of $116K, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.8%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the consistent 0% related party compensation suggests a focus on mission rather than personal enrichment.
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 Associated Builders And Contractors Inc:
- Consistent revenue growth over the past several years, from $466,775 in 2016 to $790,148 in 2023.
- Healthy asset growth, increasing from $264,638 in 2016 to $587,059 in 2023.
- Maintains a strong financial position with assets consistently exceeding liabilities.
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: 222581276) appears legitimate. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
How does Associated Builders And Contractors Inc spend its money?
Associated Builders And Contractors Inc directs 80% 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: 222581276). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Associated Builders And Contractors Inc's spending goes to programs?
Associated Builders And Contractors Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Associated Builders And Contractors Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Associated Builders And Contractors Inc is above average for NTEE category S41Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Associated Builders And Contractors Inc located?
Associated Builders And Contractors Inc is headquartered in Gray, Maine and files with the IRS under EIN 222581276. It is classified under NTEE code S41Z.
How many years of IRS 990 filings does Associated Builders And Contractors Inc have?
Associated Builders And Contractors 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 $790K in total revenue.
What does Associated Builders And Contractors Inc do?
Associated Builders And Contractors Inc is a nonprofit organization in the Community Improvement sector, located in Gray, Maine. It is classified under NTEE code S41Z.
How much revenue does Associated Builders And Contractors Inc have?
Associated Builders And Contractors Inc reported total revenue of $790,148. Based on 13 IRS 990 filings on record.
What are Associated Builders And Contractors Inc's total assets?
Associated Builders And Contractors Inc holds total assets of $587,059 as reported in IRS 990 filings.
Where is Associated Builders And Contractors Inc located?
Associated Builders And Contractors Inc is based in Gray, Maine.
What is Associated Builders And Contractors Inc's EIN?
Associated Builders And Contractors Inc's Employer Identification Number (EIN) is 222581276. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Associated Builders And Contractors Inc?
Associated Builders And Contractors Inc is classified under NTEE code S41Z (Community Improvement).
Is Associated Builders And Contractors Inc a registered 501(c)(3)?
Yes, Associated Builders And Contractors Inc is recognized as a tax-exempt organization by the IRS. EIN: 222581276.
Does Associated Builders And Contractors Inc file IRS Form 990?
Yes, Associated Builders And Contractors Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Associated Builders And Contractors Inc's revenue in 2023?
In the 202312 filing period, Associated Builders And Contractors Inc reported total revenue of $727,417, total expenses of $611,657, and net assets of $681,105.
Is Associated Builders And Contractors Inc's revenue growing or declining?
Associated Builders And Contractors Inc's revenue is growing. Revenue went from $674,839 (202212) to $727,417 (202312), a +7.8% change. Based on 13 filings on record.
What is Associated Builders And Contractors Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Associated Builders And Contractors Inc covers tax period 202312. It shows revenue of $727,417, expenses of $611,657, total assets of $681,105, and liabilities of $237,162.
How much does Associated Builders And Contractors Inc spend on programs vs administration?
Based on IRS 990 analysis, Associated Builders And Contractors Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Associated Builders And Contractors Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Associated Builders And Contractors Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Associated Builders And Contractors Inc's strengths?
Positive indicators for Associated Builders And Contractors Inc include: Consistent revenue growth over the past several years, from $466,775 in 2016 to $790,148 in 2023.. Healthy asset growth, increasing from $264,638 in 2016 to $587,059 in 2023.. Maintains a strong financial position with assets consistently exceeding liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does Associated Builders And Contractors Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the consistent 0% related party compensation suggests a focus on mission rather than personal enrichment. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Associated Builders And Contractors Inc?
- The organization consistently reports 0% compensation from related parties, indicating a clear separation of interests. - Financial filings are readily available and provide detailed breakdowns of revenue and expenses. - No significant discrepancies or red flags were found in the provided financial data over the past several years. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What is the trend in the organization's net assets over the past five years?
The organization's net assets have shown consistent growth, increasing from $453,889 in 2019 to $587,059 in 2023, indicating sound financial management and accumulation of resources.
How has the organization's revenue growth compared to its expense growth in recent years?
From 2021 to 2023, revenue increased from $643,138 to $790,148, while expenses increased from $596,349 to $611,657. This indicates that revenue growth is outpacing expense growth, leading to a healthier financial surplus.
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 92.6%, moving from $378K to $727K. Total assets increased by 1184.1% over the same period, from $53K to $681K. Total functional expenses rose by 63.2%, from $375K to $612K. In its most recent filing year (2023), Associated Builders And Contractors Inc reported a surplus of $116K, with revenue exceeding expenses. The organization holds $237K in liabilities against $681K in assets (debt-to-asset ratio: 34.8%), resulting in net assets of $444K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $727K | $612K | $681K | $237K | — | — |
| 2022 | $675K | $673K | $577K | $249K | — | — |
| 2021 | $643K | $596K | $554K | $227K | — | View 990 |
| 2020 | $554K | $515K | $483K | $203K | — | View 990 |
| 2019 | $678K | $643K | $454K | $220K | — | — |
| 2018 | $571K | $590K | $349K | $154K | — | View 990 |
| 2017 | $583K | $530K | $334K | $116K | — | View 990 |
| 2016 | $467K | $438K | $265K | $99K | — | View 990 |
| 2015 | $417K | $389K | $232K | $85K | — | View 990 |
| 2014 | $444K | $400K | $239K | $119K | — | View 990 |
| 2013 | $428K | $415K | $202K | $127K | — | View 990 |
| 2012 | $434K | $423K | $65K | $3K | — | View 990 |
| 2011 | $378K | $375K | $53K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $727K, expenses of $612K, and assets of $681K (revenue +7.8% year-over-year).
- 2022: Revenue of $675K, expenses of $673K, and assets of $577K (revenue +4.9% year-over-year).
- 2021: Revenue of $643K, expenses of $596K, and assets of $554K (revenue +16.2% year-over-year).
- 2020: Revenue of $554K, expenses of $515K, and assets of $483K (revenue -18.4% year-over-year).
- 2019: Revenue of $678K, expenses of $643K, and assets of $454K (revenue +18.9% year-over-year).
- 2018: Revenue of $571K, expenses of $590K, and assets of $349K (revenue -2.2% year-over-year).
- 2017: Revenue of $583K, expenses of $530K, and assets of $334K (revenue +25.0% year-over-year).
- 2016: Revenue of $467K, expenses of $438K, and assets of $265K (revenue +11.9% year-over-year).
- 2015: Revenue of $417K, expenses of $389K, and assets of $232K (revenue -6.1% year-over-year).
- 2014: Revenue of $444K, expenses of $400K, and assets of $239K (revenue +3.8% year-over-year).
- 2013: Revenue of $428K, expenses of $415K, and assets of $202K (revenue -1.5% year-over-year).
- 2012: Revenue of $434K, expenses of $423K, and assets of $65K (revenue +15.0% year-over-year).
- 2011: Revenue of $378K, expenses of $375K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Associated Builders And Contractors Inc:
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.