Automobile Industry Tr
Automobile Industry Tr consistently operates near break-even with no officer compensation, but assets have significantly declined over the past decade.
EIN: 10734062 · Lexington, KY · NTEE: Y43 · Updated: 2026-03-28
Is Automobile Industry Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Automobile Industry Tr directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Automobile Industry Tr
Automobile Industry Tr (EIN: 10734062) is a nonprofit organization based in Lexington, KY, classified under NTEE code Y43. The organization reported total revenue of $2.8M and total assets of $169K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Automobile Industry Tr'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 Automobile Industry Tr with a Mission Score of 80 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, Automobile Industry Tr 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.
Executive Compensation Analysis
Automobile Industry Tr reports 0% officer compensation across all available filings, indicating that no portion of its revenue is allocated to executive salaries, which is highly commendable for an organization of its size with revenues consistently in the millions.
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 Automobile Industry Tr's IRS 990 filings:
- Significant decline in assets over the past decade, from $1,045,104 in 2014 to $168,945 currently, which could impact long-term stability.
- Consistent slight operating deficits in recent years (e.g., 2023: expenses $1,907,539 vs. revenue $1,773,968), indicating spending slightly exceeds income.
Strengths
The following positive indicators were identified for Automobile Industry Tr:
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission over executive salaries.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and regulatory compliance.
- Generally balanced revenue and expenses over many years, suggesting effective financial management of incoming funds.
Frequently Asked Questions about Automobile Industry Tr
Is Automobile Industry Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Automobile Industry Tr (EIN: 10734062) some concerns. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
How does Automobile Industry Tr spend its money?
Automobile Industry Tr directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Automobile Industry Tr tax-deductible?
Automobile Industry Tr is registered as a tax-exempt nonprofit (EIN: 10734062). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have the organization's assets decreased significantly from $1,045,104 in 2014 to $168,945 currently?
The provided data shows a consistent decline in assets over the past decade, from a high of $1,045,104 in 2014 to $168,945 in the latest period. This trend requires further investigation into the organization's financial strategy and asset management.
What is the detailed functional expense breakdown (program, administrative, fundraising) for Automobile Industry Tr?
The provided summary data does not include a detailed functional expense breakdown. To fully assess spending efficiency, a deeper dive into the IRS 990 forms would be necessary to see how expenses like 'programs,' 'admin,' and 'fundraising' are categorized.
How does Automobile Industry Tr manage to operate with 0% officer compensation given its revenue levels?
The consistent reporting of 0% officer compensation suggests that the organization either relies on volunteer leadership, has its leadership compensated through other means not reported as officer compensation, or has a highly efficient operational model that minimizes executive salary costs.
Filing History
IRS 990 filing history for Automobile Industry Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Automobile Industry Tr's revenue has declined by 61.1%, moving from $4.6M to $1.8M. Total assets decreased by 68.1% over the same period, from $1.1M to $351K. Total functional expenses fell by 58.7%, from $4.6M to $1.9M. In its most recent filing year (2023), Automobile Industry Tr reported a deficit of $134K, with expenses exceeding revenue. The organization holds $60K in liabilities against $351K in assets (debt-to-asset ratio: 17.2%), resulting in net assets of $290K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.9M | $351K | $60K | — | — |
| 2022 | $1.6M | $1.6M | $490K | $57K | — | View 990 |
| 2021 | $1.7M | $1.7M | $566K | $65K | — | View 990 |
| 2020 | $2.3M | $2.3M | $536K | $65K | — | — |
| 2019 | $2.4M | $2.4M | $510K | $61K | — | View 990 |
| 2018 | $3.6M | $3.7M | $522K | $66K | — | View 990 |
| 2017 | $4.1M | $4.1M | $578K | $65K | — | View 990 |
| 2016 | $4.7M | $4.8M | $608K | $75K | — | View 990 |
| 2015 | $4.0M | $4.1M | $882K | $328K | — | View 990 |
| 2014 | $4.6M | $4.8M | $1.0M | $439K | — | View 990 |
| 2013 | $2.6M | $2.5M | $958K | $70K | — | View 990 |
| 2012 | $3.6M | $3.6M | $1.1M | $218K | — | View 990 |
| 2011 | $4.6M | $4.6M | $1.1M | $235K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.9M, and assets of $351K (revenue +10.1% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.6M, and assets of $490K (revenue -6.7% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.7M, and assets of $566K (revenue -24.8% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.3M, and assets of $536K (revenue -4.0% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.4M, and assets of $510K (revenue -33.7% year-over-year).
- 2018: Revenue of $3.6M, expenses of $3.7M, and assets of $522K (revenue -12.2% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.1M, and assets of $578K (revenue -13.2% year-over-year).
- 2016: Revenue of $4.7M, expenses of $4.8M, and assets of $608K (revenue +16.8% year-over-year).
- 2015: Revenue of $4.0M, expenses of $4.1M, and assets of $882K (revenue -11.1% year-over-year).
- 2014: Revenue of $4.6M, expenses of $4.8M, and assets of $1.0M (revenue +77.8% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.5M, and assets of $958K (revenue -29.0% year-over-year).
- 2012: Revenue of $3.6M, expenses of $3.6M, and assets of $1.1M (revenue -21.0% year-over-year).
- 2011: Revenue of $4.6M, expenses of $4.6M, and assets of $1.1M.
Data Sources and Methodology
This transparency report for Automobile Industry Tr 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.