Automotive Mentoring Group Inc
EIN: 454081985 · Chicago, IL · NTEE: J22
| Metric | Value |
|---|---|
| Total Revenue | $636K |
| Total Expenses | $342K |
| Net Assets | $14K |
Is Automotive Mentoring Group Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Automotive Mentoring Group Inc
Automotive Mentoring Group Inc (EIN: 454081985) is a nonprofit organization based in Chicago, IL, classified under NTEE code J22. The organization reported total revenue of $636K and total assets of $348K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Automotive Mentoring Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Automotive Mentoring Group Inc is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 20.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $340K |
| Total Expenses | $342K |
| Surplus / Deficit | $-1,753 |
| Total Assets | $164K |
| Total Liabilities | $150K |
| Net Assets | $14K |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 91.5% |
| Months of Reserves | 5.8 months |
Financial Health Grade: C
In 2023, Automotive Mentoring Group Inc reported a deficit of $2K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 91.5% (high leverage).
Financial Trends
Over 10 years of filings (2014–2023), Automotive Mentoring Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +80.2% | +25.7% | +7.2% |
| 2022 | -14.7% | +25.2% | +24.3% |
| 2021 | +85.6% | +43.7% | +6.5% |
| 2020 | -45.6% | -21.1% | +6.9% |
| 2019 | -8.3% | -21.7% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Automotive Mentoring Group 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 Automotive Mentoring Group 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 $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 91.5%.
Frequently Asked Questions about Automotive Mentoring Group Inc
Is Automotive Mentoring Group Inc a legitimate charity?
Automotive Mentoring Group Inc (EIN: 454081985) is a registered tax-exempt nonprofit based in Illinois. It has 10 years of IRS 990 filings on record. Total revenue: $636K. No red flags identified. Financial health grade: C.
How does Automotive Mentoring Group Inc spend its money?
Automotive Mentoring Group Inc reported $636K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Automotive Mentoring Group Inc tax-deductible?
Automotive Mentoring Group Inc is registered as a tax-exempt nonprofit (EIN: 454081985). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Automotive Mentoring Group Inc located?
Automotive Mentoring Group Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 454081985. It is classified under NTEE code J22.
How many years of IRS 990 filings does Automotive Mentoring Group Inc have?
Automotive Mentoring Group Inc has 10 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 $636K in total revenue.
Filing History
IRS 990 filing history for Automotive Mentoring Group Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Automotive Mentoring Group Inc's revenue has grown by 440.3%, moving from $63K to $340K. Total assets increased by 473.9% over the same period, from $29K to $164K. Total functional expenses rose by 615.8%, from $48K to $342K. In its most recent filing year (2023), Automotive Mentoring Group Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $150K in liabilities against $164K in assets (debt-to-asset ratio: 91.5%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $340K | $342K | $164K | $150K | — | — |
| 2022 | $189K | $272K | $153K | $158K | — | — |
| 2021 | $222K | $218K | $123K | $60K | — | View 990 |
| 2020 | $119K | $151K | $116K | $77K | — | View 990 |
| 2019 | $220K | $192K | $108K | $39K | — | View 990 |
| 2018 | $239K | $245K | $97K | $43K | — | View 990 |
| 2017 | $194K | $228K | $77K | $7K | — | — |
| 2016 | $266K | $210K | $116K | $3K | — | View 990 |
| 2015 | $183K | $159K | $60K | $0 | — | View 990 |
| 2014 | $63K | $48K | $29K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $340K, expenses of $342K, and assets of $164K (revenue +80.2% year-over-year).
- 2022: Revenue of $189K, expenses of $272K, and assets of $153K (revenue -14.7% year-over-year).
- 2021: Revenue of $222K, expenses of $218K, and assets of $123K (revenue +85.6% year-over-year).
- 2020: Revenue of $119K, expenses of $151K, and assets of $116K (revenue -45.6% year-over-year).
- 2019: Revenue of $220K, expenses of $192K, and assets of $108K (revenue -8.3% year-over-year).
- 2018: Revenue of $239K, expenses of $245K, and assets of $97K (revenue +23.3% year-over-year).
- 2017: Revenue of $194K, expenses of $228K, and assets of $77K (revenue -27.0% year-over-year).
- 2016: Revenue of $266K, expenses of $210K, and assets of $116K (revenue +45.8% year-over-year).
- 2015: Revenue of $183K, expenses of $159K, and assets of $60K (revenue +189.6% year-over-year).
- 2014: Revenue of $63K, expenses of $48K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Automotive Mentoring Group Inc:
Data Sources and Methodology
This transparency report for Automotive Mentoring Group 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.