Association Of Equipment Management Professionals Inc
EIN: 640665249 · Washington, DC
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $703K |
| Net Assets | $-65,932 |
Is Association Of Equipment Management Professionals Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Association Of Equipment Management Professionals Inc
Association Of Equipment Management Professionals Inc (EIN: 640665249) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $1.7M and total assets of $343K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Equipment Management Professionals Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Equipment Management Professionals Inc is a mid-size nonprofit that has been operating for 44 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $690K |
| Total Expenses | $703K |
| Surplus / Deficit | $-12,991 |
| Total Assets | $180K |
| Total Liabilities | $246K |
| Net Assets | $-65,932 |
| Operating Margin | -1.9% |
| Debt-to-Asset Ratio | 136.6% |
| Months of Reserves | 3.1 months |
Financial Health Grade: C
In 2023, Association Of Equipment Management Professionals Inc reported a deficit of $13K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 136.6% (high leverage).
Financial Trends
Over 14 years of filings (2011–2023), Association Of Equipment Management Professionals Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -46.8% | -43.9% | -47.2% |
| 2023 | -3.7% | +5.7% | +291.0% |
| 2022 | +44.7% | +32.1% | +75.8% |
| 2021 | -29.8% | -32.8% | -60.6% |
| 2020 | +10.4% | -7.7% | +14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Association Of Equipment Management Professionals Inc 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 Association Of Equipment Management Professionals Inc 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 deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 136.6%.
Frequently Asked Questions about Association Of Equipment Management Professionals Inc
Is Association Of Equipment Management Professionals Inc a legitimate charity?
Association Of Equipment Management Professionals Inc (EIN: 640665249) is a registered tax-exempt nonprofit based in Washington DC. It has 14 years of IRS 990 filings on record. Total revenue: $1.7M. No red flags identified. Financial health grade: C.
How does Association Of Equipment Management Professionals Inc spend its money?
Association Of Equipment Management Professionals Inc reported $1.7M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Association Of Equipment Management Professionals Inc tax-deductible?
Association Of Equipment Management Professionals Inc is registered as a tax-exempt nonprofit (EIN: 640665249). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Association Of Equipment Management Professionals Inc located?
Association Of Equipment Management Professionals Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 640665249.
How many years of IRS 990 filings does Association Of Equipment Management Professionals Inc have?
Association Of Equipment Management Professionals Inc has 14 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 $1.7M in total revenue.
Filing History
IRS 990 filing history for Association Of Equipment Management Professionals Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Association Of Equipment Management Professionals Inc's revenue has declined by 20.8%, moving from $871K to $690K. Total assets increased by 415.4% over the same period, from $35K to $180K. Total functional expenses fell by 8%, from $764K to $703K. In its most recent filing year (2023), Association Of Equipment Management Professionals Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $246K in liabilities against $180K in assets (debt-to-asset ratio: 136.6%), resulting in net assets of $-65,932.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $690K | $703K | $180K | $246K | — | — |
| 2023 | $1.3M | $1.3M | $341K | $394K | — | View 990 |
| 2022 | $1.3M | $1.2M | $87K | $185K | — | View 990 |
| 2021 | $930K | $897K | $50K | $292K | — | View 990 |
| 2020 | $1.3M | $1.3M | $126K | $402K | — | — |
| 2019 | $1.2M | $1.4M | $111K | $322K | — | View 990 |
| 2018 | $1.4M | $1.4M | $143K | $106K | — | View 990 |
| 2017 | $1.2M | $1.1M | $127K | $123K | — | View 990 |
| 2016 | $1.2M | $1.2M | $166K | $201K | — | View 990 |
| 2015 | $1.1M | $1.1M | $166K | $137K | — | View 990 |
| 2014 | $1.0M | $919K | $147K | $137K | — | View 990 |
| 2013 | $821K | $848K | $100K | $177K | — | View 990 |
| 2012 | $793K | $812K | $87K | $137K | — | View 990 |
| 2011 | $871K | $764K | $35K | $66K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $690K, expenses of $703K, and assets of $180K (revenue -46.8% year-over-year).
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $341K (revenue -3.7% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.2M, and assets of $87K (revenue +44.7% year-over-year).
- 2021: Revenue of $930K, expenses of $897K, and assets of $50K (revenue -29.8% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.3M, and assets of $126K (revenue +10.4% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.4M, and assets of $111K (revenue -15.9% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $143K (revenue +23.3% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $127K (revenue -0.7% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $166K (revenue +3.8% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $166K (revenue +11.5% year-over-year).
- 2014: Revenue of $1.0M, expenses of $919K, and assets of $147K (revenue +22.7% year-over-year).
- 2013: Revenue of $821K, expenses of $848K, and assets of $100K (revenue +3.4% year-over-year).
- 2012: Revenue of $793K, expenses of $812K, and assets of $87K (revenue -8.9% year-over-year).
- 2011: Revenue of $871K, expenses of $764K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Equipment Management Professionals Inc:
Data Sources and Methodology
This transparency report for Association Of Equipment Management Professionals 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.