Basic The International Assoc Of Machinists & Aerospace Workers
EIN: 830730170 · Sheffield, AL
Is Basic The International Assoc Of Machinists & Aerospace Workers Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Basic The International Assoc Of Machinists & Aerospace Workers
Basic The International Assoc Of Machinists & Aerospace Workers (EIN: 830730170) is a nonprofit organization based in Sheffield, AL. The organization reported total revenue of $482K and total assets of $675K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Basic The International Assoc Of Machinists & Aerospace Workers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Basic The International Assoc Of Machinists & Aerospace Workers is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $557K |
| Total Expenses | $482K |
| Surplus / Deficit | +$75K |
| Total Assets | $670K |
| Total Liabilities | $48 |
| Net Assets | $670K |
| Operating Margin | 13.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 16.7 months |
Financial Health Grade: A
In 2023, Basic The International Assoc Of Machinists & Aerospace Workers reported a surplus of $75K with revenue exceeding expenses, holds 16.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Basic The International Assoc Of Machinists & Aerospace Workers's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.7% | +19.0% | +12.2% |
| 2022 | +1.2% | +30.2% | +15.2% |
| 2021 | +20.1% | -30.0% | +69.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Basic The International Assoc Of Machinists & Aerospace Workers 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 Basic The International Assoc Of Machinists & Aerospace Workers 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 surplus of $75K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Basic The International Assoc Of Machinists & Aerospace Workers
Is Basic The International Assoc Of Machinists & Aerospace Workers a legitimate charity?
Based on AI analysis of IRS 990 filings, Basic The International Assoc Of Machinists & Aerospace Workers (EIN: 830730170) insufficient data. 0 red flags identified, 0 strengths noted.
How does Basic The International Assoc Of Machinists & Aerospace Workers spend its money?
Detailed spending breakdown data is not yet available for Basic The International Assoc Of Machinists & Aerospace Workers. Check back for updated IRS 990 analysis.
Are donations to Basic The International Assoc Of Machinists & Aerospace Workers tax-deductible?
Basic The International Assoc Of Machinists & Aerospace Workers is registered as a tax-exempt nonprofit (EIN: 830730170). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Basic The International Assoc Of Machinists & Aerospace Workers showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Basic The International Assoc Of Machinists & Aerospace Workers's revenue has grown by 37.1%, moving from $406K to $557K. Total assets increased by 119.1% over the same period, from $306K to $670K. Total functional expenses rose by 8.4%, from $445K to $482K. In its most recent filing year (2023), Basic The International Assoc Of Machinists & Aerospace Workers reported a surplus of $75K, with revenue exceeding expenses. The organization holds $48 in liabilities against $670K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $670K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $557K | $482K | $670K | $48 | — | — |
| 2022 | $494K | $405K | $597K | $2K | — | — |
| 2021 | $488K | $311K | $518K | $12K | — | View 990 |
| 2020 | $406K | $445K | $306K | $361K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $557K, expenses of $482K, and assets of $670K (revenue +12.7% year-over-year).
- 2022: Revenue of $494K, expenses of $405K, and assets of $597K (revenue +1.2% year-over-year).
- 2021: Revenue of $488K, expenses of $311K, and assets of $518K (revenue +20.1% year-over-year).
- 2020: Revenue of $406K, expenses of $445K, and assets of $306K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Basic The International Assoc Of Machinists & Aerospace Workers:
Data Sources and Methodology
This transparency report for Basic The International Assoc Of Machinists & Aerospace Workers 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.