Associated Wire Rope Fabricators
EIN: 741878195 · Wixom, MI
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.5M |
| Net Assets | $869K |
Is Associated Wire Rope Fabricators Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Associated Wire Rope Fabricators
Associated Wire Rope Fabricators (EIN: 741878195) is a nonprofit organization based in Wixom, MI. The organization reported total revenue of $1.8M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Associated Wire Rope Fabricators's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Associated Wire Rope Fabricators is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$239K |
| Total Assets | $869K |
| Net Assets | $869K |
| Operating Margin | 13.6% |
| Months of Reserves | 6.9 months |
Financial Health Grade: A
In 2023, Associated Wire Rope Fabricators reported a surplus of $239K with revenue exceeding expenses, holds 6.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Associated Wire Rope Fabricators's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.0% | +6.5% | +36.9% |
| 2022 | +141.0% | +132.1% | +0.1% |
| 2021 | -3.5% | +13.6% | -1.9% |
| 2020 | -55.6% | -59.3% | +15.3% |
| 2019 | +34.3% | +21.2% | +19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Associated Wire Rope Fabricators 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 Associated Wire Rope Fabricators 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 $239K, with revenue exceeding expenses.
Frequently Asked Questions about Associated Wire Rope Fabricators
Is Associated Wire Rope Fabricators a legitimate charity?
Based on AI analysis of IRS 990 filings, Associated Wire Rope Fabricators (EIN: 741878195) insufficient data. 0 red flags identified, 0 strengths noted.
How does Associated Wire Rope Fabricators spend its money?
Detailed spending breakdown data is not yet available for Associated Wire Rope Fabricators. Check back for updated IRS 990 analysis.
Are donations to Associated Wire Rope Fabricators tax-deductible?
Associated Wire Rope Fabricators is registered as a tax-exempt nonprofit (EIN: 741878195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Associated Wire Rope Fabricators located?
Associated Wire Rope Fabricators is headquartered in Wixom, Michigan and files with the IRS under EIN 741878195.
How many years of IRS 990 filings does Associated Wire Rope Fabricators have?
Associated Wire Rope Fabricators 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Associated Wire Rope Fabricators showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Associated Wire Rope Fabricators's revenue has grown by 65.6%, moving from $1.1M to $1.8M. Total assets increased by 60.7% over the same period, from $541K to $869K. Total functional expenses rose by 53.9%, from $988K to $1.5M. In its most recent filing year (2023), Associated Wire Rope Fabricators reported a surplus of $239K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.5M | $869K | $0 | — | View 990 |
| 2022 | $1.5M | $1.4M | $635K | $8K | — | View 990 |
| 2021 | $604K | $615K | $634K | $0 | — | — |
| 2020 | $626K | $542K | $646K | $0 | — | — |
| 2019 | $1.4M | $1.3M | $560K | $0 | — | View 990 |
| 2018 | $1.1M | $1.1M | $468K | $0 | — | View 990 |
| 2017 | $1.3M | $1.3M | $533K | $0 | — | View 990 |
| 2016 | $1.3M | $1.3M | $498K | $0 | — | View 990 |
| 2015 | $1.0M | $1.1M | $473K | $0 | — | View 990 |
| 2014 | $1.2M | $1.2M | $577K | $22K | — | View 990 |
| 2013 | $1.2M | $1.1M | $589K | $18K | — | View 990 |
| 2012 | $927K | $937K | $555K | $11K | — | View 990 |
| 2011 | $1.1M | $988K | $541K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.5M, and assets of $869K (revenue +21.0% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $635K (revenue +141.0% year-over-year).
- 2021: Revenue of $604K, expenses of $615K, and assets of $634K (revenue -3.5% year-over-year).
- 2020: Revenue of $626K, expenses of $542K, and assets of $646K (revenue -55.6% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $560K (revenue +34.3% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $468K (revenue -21.1% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $533K (revenue +5.2% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $498K (revenue +22.0% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $473K (revenue -16.0% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $577K (revenue +4.8% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $589K (revenue +27.1% year-over-year).
- 2012: Revenue of $927K, expenses of $937K, and assets of $555K (revenue -12.8% year-over-year).
- 2011: Revenue of $1.1M, expenses of $988K, and assets of $541K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Associated Wire Rope Fabricators:
Data Sources and Methodology
This transparency report for Associated Wire Rope Fabricators 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.