Association Of Ship Brokers & Agents Usa Inc
Association Of Ship Brokers & Agents Usa Inc shows consistent revenue growth and zero reported officer compensation over a decade.
EIN: 136162014 · Englewd Clfs, NJ · NTEE: Y03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2,045,418. |
| Net Assets | $1.5M |
| Transparency Score | 88/100 |
Is Association Of Ship Brokers & Agents Usa Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association Of Ship Brokers & Agents Usa Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association Of Ship Brokers & Agents Usa Inc
Association Of Ship Brokers & Agents Usa Inc (EIN: 136162014) is a nonprofit organization based in Englewd Clfs, NJ, classified under NTEE code Y03. The organization reported total revenue of $2.0M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Ship Brokers & Agents Usa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Ship Brokers & Agents Usa Inc is a mid-size nonprofit that has been operating for 2 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$254K |
| Total Assets | $1.5M |
| Net Assets | $1.5M |
| Operating Margin | 18.5% |
| Months of Reserves | 16.1 months |
Financial Health Grade: A
In 2023, Association Of Ship Brokers & Agents Usa Inc reported a surplus of $254K with revenue exceeding expenses, holds 16.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Association Of Ship Brokers & Agents Usa Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.9% | +2.7% | +20.5% |
| 2022 | +50.2% | +54.6% | +13.6% |
| 2021 | +43.5% | +39.5% | +12.3% |
| 2020 | -50.4% | -51.5% | +7.7% |
| 2019 | +23.0% | +12.8% | +14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2024 |
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 Ship Brokers & Agents Usa Inc with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Association Of Ship Brokers & Agents Usa Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $254K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer channels, which significantly reduces overhead for an organization with latest revenue of $2,045,418.
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 Ship Brokers & Agents Usa Inc's IRS 990 filings:
- Lack of detailed breakdown for program vs. administrative expenses in provided data, making precise efficiency calculation difficult.
- The 'Officer Comp=0%' across all filings could indicate compensation is reported under other categories, or that leadership is entirely volunteer, which is unusual for an organization of this size.
Strengths
The following positive indicators were identified for Association Of Ship Brokers & Agents Usa Inc:
- Consistent revenue growth over a decade, from $870,912 in 2014 to $1,371,532 in 2023.
- Healthy financial surpluses in most years, contributing to asset growth.
- Zero reported liabilities across all filings, indicating strong financial health.
- Significant asset growth from $644,703 in 2014 to $1,495,001 in 2023.
- No reported officer compensation, suggesting low administrative overhead or volunteer leadership.
Frequently Asked Questions about Association Of Ship Brokers & Agents Usa Inc
Is Association Of Ship Brokers & Agents Usa Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Ship Brokers & Agents Usa Inc (EIN: 136162014) some concerns. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.
How does Association Of Ship Brokers & Agents Usa Inc spend its money?
Association Of Ship Brokers & Agents Usa Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Association Of Ship Brokers & Agents Usa Inc tax-deductible?
Association Of Ship Brokers & Agents Usa Inc is registered as a tax-exempt nonprofit (EIN: 136162014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Association Of Ship Brokers & Agents Usa Inc CEO make?
Association Of Ship Brokers & Agents Usa Inc's highest-compensated officer earns $2,045,418. annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Association Of Ship Brokers & Agents Usa Inc's spending goes to programs?
Association Of Ship Brokers & Agents Usa Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Association Of Ship Brokers & Agents Usa Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Association Of Ship Brokers & Agents Usa Inc is above average for NTEE category Y03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Association Of Ship Brokers & Agents Usa Inc located?
Association Of Ship Brokers & Agents Usa Inc is headquartered in Englewd Clfs, New Jersey and files with the IRS under EIN 136162014. It is classified under NTEE code Y03.
How many years of IRS 990 filings does Association Of Ship Brokers & Agents Usa Inc have?
Association Of Ship Brokers & Agents Usa 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 $2.0M in total revenue.
Is Association Of Ship Brokers & Agents Usa Inc financially stable?
Yes, the organization demonstrates strong financial stability with consistent revenue growth from $870,912 in 2014 to $1,371,532 in 2023, and a healthy asset base of $1,495,001 with no reported liabilities in 2023.
How efficiently does the organization spend its money?
The organization appears to spend efficiently, consistently operating with a surplus (e.g., $1,371,532 revenue vs. $1,117,362 expenses in 2023) and reporting 0% officer compensation, which suggests a focus on minimizing administrative costs.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend, growing from $644,703 in 2014 to $1,495,001 in 2023, indicating effective financial management and accumulation of resources.
Filing History
IRS 990 filing history for Association Of Ship Brokers & Agents Usa Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Association Of Ship Brokers & Agents Usa Inc's revenue has grown by 84.7%, moving from $743K to $1.4M. Total assets increased by 173.2% over the same period, from $547K to $1.5M. Total functional expenses rose by 65.2%, from $676K to $1.1M. In its most recent filing year (2023), Association Of Ship Brokers & Agents Usa Inc reported a surplus of $254K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.1M | $1.5M | $0 | — | — |
| 2022 | $1.2M | $1.1M | $1.2M | $0 | — | — |
| 2021 | $823K | $704K | $1.1M | $0 | — | — |
| 2020 | $574K | $504K | $972K | $0 | — | — |
| 2019 | $1.2M | $1.0M | $903K | $0 | — | View 990 |
| 2018 | $940K | $922K | $787K | $0 | — | View 990 |
| 2017 | $948K | $903K | $770K | $0 | — | View 990 |
| 2016 | $773K | $792K | $725K | $0 | — | View 990 |
| 2015 | $915K | $814K | $745K | $0 | — | View 990 |
| 2014 | $871K | $805K | $645K | $0 | — | View 990 |
| 2013 | $828K | $794K | $579K | $0 | — | View 990 |
| 2012 | $651K | $651K | $547K | $3K | — | View 990 |
| 2011 | $743K | $676K | $547K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.1M, and assets of $1.5M (revenue +10.9% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $1.2M (revenue +50.2% year-over-year).
- 2021: Revenue of $823K, expenses of $704K, and assets of $1.1M (revenue +43.5% year-over-year).
- 2020: Revenue of $574K, expenses of $504K, and assets of $972K (revenue -50.4% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.0M, and assets of $903K (revenue +23.0% year-over-year).
- 2018: Revenue of $940K, expenses of $922K, and assets of $787K (revenue -0.8% year-over-year).
- 2017: Revenue of $948K, expenses of $903K, and assets of $770K (revenue +22.6% year-over-year).
- 2016: Revenue of $773K, expenses of $792K, and assets of $725K (revenue -15.5% year-over-year).
- 2015: Revenue of $915K, expenses of $814K, and assets of $745K (revenue +5.0% year-over-year).
- 2014: Revenue of $871K, expenses of $805K, and assets of $645K (revenue +5.1% year-over-year).
- 2013: Revenue of $828K, expenses of $794K, and assets of $579K (revenue +27.2% year-over-year).
- 2012: Revenue of $651K, expenses of $651K, and assets of $547K (revenue -12.3% year-over-year).
- 2011: Revenue of $743K, expenses of $676K, and assets of $547K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Ship Brokers & Agents Usa Inc:
Data Sources and Methodology
This transparency report for Association Of Ship Brokers & Agents Usa 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.