Association For Iron And Steel Technology
Association For Iron And Steel Technology maintains stable assets and reports no officer compensation.
EIN: 200338690 · Warrendale, PA · NTEE: S03 · Updated: 2026-03-28
Is Association For Iron And Steel Technology Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association For Iron And Steel Technology directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association For Iron And Steel Technology
Association For Iron And Steel Technology (EIN: 200338690) is a nonprofit organization based in Warrendale, PA, classified under NTEE code S03. The organization reported total revenue of $16.8M and total assets of $35.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association For Iron And Steel Technology's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Association For Iron And Steel Technology 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Association For Iron And Steel Technology allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers do not receive direct compensation from the nonprofit, which is highly favorable for financial transparency and efficiency.
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 Association For Iron And Steel Technology's IRS 990 filings:
- Expenses slightly exceeded revenue in 2023 ($12,624,316 vs $12,313,373), which if consistent, could lead to drawing down reserves.
Strengths
The following positive indicators were identified for Association For Iron And Steel Technology:
- Consistent asset growth, reaching $29,350,070 in 2023.
- Reported 0% officer compensation across all filings, indicating high transparency and efficient use of funds.
- Strong recovery in revenue post-2020, reaching $12,313,373 in 2023.
- Healthy asset-to-liability ratio, with assets significantly exceeding liabilities.
Frequently Asked Questions about Association For Iron And Steel Technology
Is Association For Iron And Steel Technology a legitimate charity?
Based on AI analysis of IRS 990 filings, Association For Iron And Steel Technology (EIN: 200338690) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Association For Iron And Steel Technology spend its money?
Association For Iron And Steel Technology directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Association For Iron And Steel Technology tax-deductible?
Association For Iron And Steel Technology is registered as a tax-exempt nonprofit (EIN: 200338690). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Association For Iron And Steel Technology a good charity?
Based on the available data, the Association For Iron And Steel Technology appears to be a well-managed organization with growing assets and a strong commitment to transparency regarding executive compensation (0% reported). Its financial health is generally stable, and it consistently spends its funds on its mission.
How has the organization's revenue trended over the past few years?
Revenue has fluctuated but shown an upward trend, increasing from $5,575,032 in 2020 to $12,313,373 in 2023, indicating recovery and growth post-pandemic.
What is the organization's asset growth like?
The organization's assets have shown consistent growth, increasing from $23,585,391 in 2020 to $29,350,070 in 2023, demonstrating financial stability and accumulation of resources.
Are there any concerns about liabilities?
Liabilities have fluctuated but remained manageable relative to assets. In 2023, liabilities were $5,937,701 against assets of $29,350,070, indicating a healthy financial position.
Filing History
IRS 990 filing history for Association For Iron And Steel Technology showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Association For Iron And Steel Technology's revenue has grown by 68.9%, moving from $7.3M to $12.3M. Total assets increased by 74.4% over the same period, from $16.8M to $29.4M. Total functional expenses rose by 82.9%, from $6.9M to $12.6M. In its most recent filing year (2023), Association For Iron And Steel Technology reported a deficit of $311K, with expenses exceeding revenue. The organization holds $5.9M in liabilities against $29.4M in assets (debt-to-asset ratio: 20.2%), resulting in net assets of $23.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $12.3M | $12.6M | $29.4M | $5.9M | — | — |
| 2022 | $12.4M | $9.3M | $27.7M | $5.3M | — | View 990 |
| 2021 | $8.5M | $6.8M | $25.9M | $3.5M | — | View 990 |
| 2020 | $5.6M | $8.9M | $23.6M | $6.3M | — | View 990 |
| 2019 | $10.6M | $10.1M | $24.2M | $3.6M | — | View 990 |
| 2018 | $9.9M | $10.0M | $22.9M | $3.3M | — | View 990 |
| 2017 | $9.3M | $9.5M | $21.2M | $2.4M | — | View 990 |
| 2016 | $9.5M | $8.8M | $19.7M | $2.3M | — | View 990 |
| 2015 | $10.7M | $10.2M | $21.3M | $3.4M | — | View 990 |
| 2014 | $10.3M | $9.1M | $21.2M | $2.6M | — | View 990 |
| 2013 | $9.9M | $8.9M | $18.8M | $2.5M | — | View 990 |
| 2012 | $8.5M | $7.8M | $17.3M | $2.6M | — | View 990 |
| 2011 | $7.3M | $6.9M | $16.8M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.3M, expenses of $12.6M, and assets of $29.4M (revenue -0.6% year-over-year).
- 2022: Revenue of $12.4M, expenses of $9.3M, and assets of $27.7M (revenue +46.1% year-over-year).
- 2021: Revenue of $8.5M, expenses of $6.8M, and assets of $25.9M (revenue +52.1% year-over-year).
- 2020: Revenue of $5.6M, expenses of $8.9M, and assets of $23.6M (revenue -47.2% year-over-year).
- 2019: Revenue of $10.6M, expenses of $10.1M, and assets of $24.2M (revenue +6.2% year-over-year).
- 2018: Revenue of $9.9M, expenses of $10.0M, and assets of $22.9M (revenue +7.2% year-over-year).
- 2017: Revenue of $9.3M, expenses of $9.5M, and assets of $21.2M (revenue -2.5% year-over-year).
- 2016: Revenue of $9.5M, expenses of $8.8M, and assets of $19.7M (revenue -11.5% year-over-year).
- 2015: Revenue of $10.7M, expenses of $10.2M, and assets of $21.3M (revenue +4.4% year-over-year).
- 2014: Revenue of $10.3M, expenses of $9.1M, and assets of $21.2M (revenue +4.2% year-over-year).
- 2013: Revenue of $9.9M, expenses of $8.9M, and assets of $18.8M (revenue +16.1% year-over-year).
- 2012: Revenue of $8.5M, expenses of $7.8M, and assets of $17.3M (revenue +16.8% year-over-year).
- 2011: Revenue of $7.3M, expenses of $6.9M, and assets of $16.8M.
Data Sources and Methodology
This transparency report for Association For Iron And Steel Technology 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.