Association Of Edison Illuminating Companies
Association Of Edison Illuminating Companies shows consistent revenue growth and zero reported officer compensation.
EIN: 130453115 · Washington, DC · Updated: 2026-03-28
Is Association Of Edison Illuminating Companies Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association Of Edison Illuminating Companies directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association Of Edison Illuminating Companies
Association Of Edison Illuminating Companies (EIN: 130453115) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $2.5M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Edison Illuminating Companies's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Edison Illuminating Companies is a mid-size nonprofit that has been operating for 90 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$71K |
| Total Assets | $1.9M |
| Total Liabilities | $63K |
| Net Assets | $1.8M |
| Operating Margin | 3.6% |
| Debt-to-Asset Ratio | 3.3% |
| Months of Reserves | 11.9 months |
Financial Health Grade: A
In 2023, Association Of Edison Illuminating Companies reported a surplus of $71K with revenue exceeding expenses, holds 11.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Association Of Edison Illuminating Companies's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.9% | +39.6% | -17.9% |
| 2022 | +45.2% | +29.7% | +3.8% |
| 2021 | +7.7% | +68.8% | +19.5% |
| 2020 | -20.2% | -38.7% | +4.9% |
| 2019 | +8.5% | +3.6% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1936 |
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 Edison Illuminating Companies 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: 75%
- fundraising: 10%
According to IRS 990 filings, Association Of Edison Illuminating Companies allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $71K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with growing revenues and assets. This could indicate that executive roles are filled by volunteers or that compensation is reported under different categories, warranting further investigation for complete transparency.
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 Of Edison Illuminating Companies's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and could indicate a lack of transparency in compensation reporting.
- NTEE code is unknown, making it difficult to assess the organization's specific mission and compare its financial performance against peers in its sector.
Strengths
The following positive indicators were identified for Association Of Edison Illuminating Companies:
- Consistent revenue growth over the past decade, from $797,188 in 2014 to $1,960,586 in 2023, demonstrating financial sustainability.
- Healthy asset growth, increasing from $1,212,397 in 2014 to $3,395,358 in the latest period, indicating strong financial reserves.
- Generally good expense management, with expenses typically below or very close to revenue, preventing significant deficits.
- Low liabilities relative to assets, suggesting a strong balance sheet and financial stability.
Frequently Asked Questions about Association Of Edison Illuminating Companies
Is Association Of Edison Illuminating Companies a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Edison Illuminating Companies (EIN: 130453115) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Association Of Edison Illuminating Companies spend its money?
Association Of Edison Illuminating Companies directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Association Of Edison Illuminating Companies tax-deductible?
Association Of Edison Illuminating Companies is registered as a tax-exempt nonprofit (EIN: 130453115). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the organization manage to report 0% officer compensation despite its growing revenue and assets?
The consistent reporting of 0% officer compensation across all filings (e.g., 202312, 202212) is highly unusual for an organization with revenues reaching $2.5 million. This could imply that officers are uncompensated volunteers, compensated through a related entity, or that their compensation is categorized differently within the IRS 990, such as under general salaries and wages, rather than specifically as officer compensation.
What are the specific program activities that account for the majority of the organization's expenses?
Without a detailed breakdown of expenses beyond total expenses (e.g., $1,890,009 in 2023), it's not possible to identify the specific program activities. The NTEE code is unknown, which further limits understanding of its core mission and how expenses align with it.
What is the organization's strategy for managing its increasing assets, which grew from $1.2 million in 2014 to $3.3 million in the latest period?
The organization's assets have shown significant growth, from $1,212,397 in 2014 to $3,395,358 in the latest period. While this indicates financial health, the specific strategy for managing these assets (e.g., investments, reserves for future projects) is not detailed in the provided data.
Filing History
IRS 990 filing history for Association Of Edison Illuminating Companies showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Association Of Edison Illuminating Companies's revenue has grown by 155.4%, moving from $768K to $2.0M. Total assets increased by 54.1% over the same period, from $1.2M to $1.9M. Total functional expenses rose by 161.8%, from $722K to $1.9M. In its most recent filing year (2023), Association Of Edison Illuminating Companies reported a surplus of $71K, with revenue exceeding expenses. The organization holds $63K in liabilities against $1.9M in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.9M | $1.9M | $63K | — | — |
| 2022 | $1.4M | $1.4M | $2.3M | $478K | — | View 990 |
| 2021 | $979K | $1.0M | $2.2M | $461K | — | View 990 |
| 2020 | $909K | $619K | $1.8M | $38K | — | View 990 |
| 2019 | $1.1M | $1.0M | $1.8M | $243K | — | View 990 |
| 2018 | $1.0M | $974K | $1.7M | $345K | — | View 990 |
| 2017 | $1.1M | $1.0M | $1.6M | $251K | — | View 990 |
| 2016 | $976K | $878K | $1.6M | $306K | — | View 990 |
| 2015 | $874K | $801K | $1.3M | $188K | — | View 990 |
| 2014 | $797K | $829K | $1.2M | $127K | — | View 990 |
| 2013 | $773K | $776K | $1.3M | $160K | — | View 990 |
| 2012 | $818K | $794K | $1.2M | $59K | — | View 990 |
| 2011 | $768K | $722K | $1.2M | $119K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.9M, and assets of $1.9M (revenue +37.9% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.4M, and assets of $2.3M (revenue +45.2% year-over-year).
- 2021: Revenue of $979K, expenses of $1.0M, and assets of $2.2M (revenue +7.7% year-over-year).
- 2020: Revenue of $909K, expenses of $619K, and assets of $1.8M (revenue -20.2% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $1.8M (revenue +8.5% year-over-year).
- 2018: Revenue of $1.0M, expenses of $974K, and assets of $1.7M (revenue -0.5% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $1.6M (revenue +8.1% year-over-year).
- 2016: Revenue of $976K, expenses of $878K, and assets of $1.6M (revenue +11.6% year-over-year).
- 2015: Revenue of $874K, expenses of $801K, and assets of $1.3M (revenue +9.7% year-over-year).
- 2014: Revenue of $797K, expenses of $829K, and assets of $1.2M (revenue +3.2% year-over-year).
- 2013: Revenue of $773K, expenses of $776K, and assets of $1.3M (revenue -5.5% year-over-year).
- 2012: Revenue of $818K, expenses of $794K, and assets of $1.2M (revenue +6.6% year-over-year).
- 2011: Revenue of $768K, expenses of $722K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Edison Illuminating Companies:
Data Sources and Methodology
This transparency report for Association Of Edison Illuminating Companies 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.