Association Of Bi State Motor Carriers Inc
Association Of Bi State Motor Carriers Inc shows consistent revenue growth and zero officer compensation over a decade.
EIN: 10744517 · Newark, NJ · NTEE: S41 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $316K |
| Total Expenses | $213K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $300,000. |
| Net Assets | $267K |
| Transparency Score | 95/100 |
Is Association Of Bi State Motor Carriers Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association Of Bi State Motor Carriers Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association Of Bi State Motor Carriers Inc
Association Of Bi State Motor Carriers Inc (EIN: 10744517) is a nonprofit organization based in Newark, NJ, classified under NTEE code S41. The organization reported total revenue of $316K and total assets of $280K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Bi State Motor Carriers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Bi State Motor Carriers Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $317K |
| Total Expenses | $213K |
| Surplus / Deficit | +$104K |
| Total Assets | $282K |
| Total Liabilities | $15K |
| Net Assets | $267K |
| Operating Margin | 32.7% |
| Debt-to-Asset Ratio | 5.4% |
| Months of Reserves | 15.9 months |
Financial Health Grade: A
In 2023, Association Of Bi State Motor Carriers Inc reported a surplus of $104K with revenue exceeding expenses, holds 15.9 months of operating reserves (strong position), has a debt-to-asset ratio of 5.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Association Of Bi State Motor Carriers Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.0% | +19.0% | +8.4% |
| 2022 | +10.6% | +13.2% | +8.1% |
| 2021 | +9.4% | +9.5% | +10.0% |
| 2020 | +18.3% | +17.3% | +10.2% |
| 2019 | +29.6% | +1.5% | +8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Association Of Bi State Motor Carriers Inc with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Association Of Bi State Motor Carriers Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $104K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with revenues reaching over $300,000.
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 Association Of Bi State Motor Carriers Inc:
- Consistent revenue growth from $99,536 in 2014 to $316,647 in 2023.
- Zero officer compensation reported across all filings, indicating volunteer leadership.
- Healthy asset accumulation, reaching $282,171 in 2023.
- Expenses consistently lower than revenue, leading to financial stability and growth.
- Strong transparency with 13 consistent IRS 990 filings.
Frequently Asked Questions about Association Of Bi State Motor Carriers Inc
Is Association Of Bi State Motor Carriers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Bi State Motor Carriers Inc (EIN: 10744517) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Association Of Bi State Motor Carriers Inc spend its money?
Association Of Bi State Motor Carriers Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Association Of Bi State Motor Carriers Inc tax-deductible?
Association Of Bi State Motor Carriers Inc is registered as a tax-exempt nonprofit (EIN: 10744517). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Association Of Bi State Motor Carriers Inc CEO make?
Association Of Bi State Motor Carriers Inc's highest-compensated officer earns $300,000. annually. The organization reported $316K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Association Of Bi State Motor Carriers Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Association Of Bi State Motor Carriers Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Association Of Bi State Motor Carriers Inc located?
Association Of Bi State Motor Carriers Inc is headquartered in Newark, New Jersey and files with the IRS under EIN 10744517. It is classified under NTEE code S41.
How many years of IRS 990 filings does Association Of Bi State Motor Carriers Inc have?
Association Of Bi State Motor Carriers 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 $316K in total revenue.
Is Association Of Bi State Motor Carriers Inc a good charity?
Based on its financial data, the Association Of Bi State Motor Carriers Inc appears to be a very good organization. It demonstrates consistent financial growth, maintains healthy assets, and reports 0% officer compensation, indicating efficient use of funds and volunteer leadership.
How has the organization's revenue grown over time?
The organization has experienced significant revenue growth, increasing from $99,536 in 2014 to $316,647 in 2023, representing over a 200% increase in a decade.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that its executive leadership is entirely volunteer-based, which is a strong positive for financial efficiency.
Filing History
IRS 990 filing history for Association Of Bi State Motor Carriers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Association Of Bi State Motor Carriers Inc's revenue has grown by 251.1%, moving from $90K to $317K. Total assets increased by 28.9% over the same period, from $219K to $282K. Total functional expenses rose by 228.7%, from $65K to $213K. In its most recent filing year (2023), Association Of Bi State Motor Carriers Inc reported a surplus of $104K, with revenue exceeding expenses. The organization holds $15K in liabilities against $282K in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $267K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $317K | $213K | $282K | $15K | — | View 990 |
| 2022 | $199K | $179K | $260K | $0 | — | — |
| 2021 | $180K | $158K | $241K | $0 | — | — |
| 2020 | $165K | $144K | $219K | $0 | — | View 990 |
| 2019 | $139K | $123K | $199K | $0 | — | View 990 |
| 2018 | $107K | $121K | $183K | $300 | — | View 990 |
| 2017 | $126K | $119K | $194K | $21K | — | View 990 |
| 2016 | $111K | $113K | $166K | $4K | — | View 990 |
| 2015 | $97K | $105K | $180K | $15K | — | View 990 |
| 2014 | $100K | $119K | $189K | $19K | — | — |
| 2013 | $80K | $92K | $206K | $17K | — | — |
| 2012 | $80K | $69K | $202K | $500 | — | — |
| 2011 | $90K | $65K | $219K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $317K, expenses of $213K, and assets of $282K (revenue +59.0% year-over-year).
- 2022: Revenue of $199K, expenses of $179K, and assets of $260K (revenue +10.6% year-over-year).
- 2021: Revenue of $180K, expenses of $158K, and assets of $241K (revenue +9.4% year-over-year).
- 2020: Revenue of $165K, expenses of $144K, and assets of $219K (revenue +18.3% year-over-year).
- 2019: Revenue of $139K, expenses of $123K, and assets of $199K (revenue +29.6% year-over-year).
- 2018: Revenue of $107K, expenses of $121K, and assets of $183K (revenue -14.5% year-over-year).
- 2017: Revenue of $126K, expenses of $119K, and assets of $194K (revenue +13.4% year-over-year).
- 2016: Revenue of $111K, expenses of $113K, and assets of $166K (revenue +13.7% year-over-year).
- 2015: Revenue of $97K, expenses of $105K, and assets of $180K (revenue -2.1% year-over-year).
- 2014: Revenue of $100K, expenses of $119K, and assets of $189K (revenue +24.1% year-over-year).
- 2013: Revenue of $80K, expenses of $92K, and assets of $206K (revenue +0.8% year-over-year).
- 2012: Revenue of $80K, expenses of $69K, and assets of $202K (revenue -11.8% year-over-year).
- 2011: Revenue of $90K, expenses of $65K, and assets of $219K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Bi State Motor Carriers Inc:
Data Sources and Methodology
This transparency report for Association Of Bi State Motor Carriers 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.