Building Contractors Association Inc
Building Contractors Association Inc. maintains stable finances with zero reported liabilities and no officer compensation.
EIN: 132797135 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.9M |
| Total Expenses | $5.2M |
| Program Spending | 85% |
| Net Assets | $1.7M |
| Transparency Score | 85/100 |
Is Building Contractors Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Building Contractors Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Building Contractors Association Inc
Building Contractors Association Inc (EIN: 132797135) is a nonprofit organization based in New York, NY. The organization reported total revenue of $5.9M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Building Contractors Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Building Contractors Association Inc is a mid-size nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $5.2M |
| Surplus / Deficit | $-412,996 |
| Total Assets | $1.7M |
| Net Assets | $1.7M |
| Operating Margin | -8.6% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2023, Building Contractors Association Inc reported a deficit of $413K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Building Contractors Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.6% | -1.2% | -17.5% |
| 2022 | -3.1% | +10.1% | -26.0% |
| 2021 | +8.9% | +2.5% | +6.8% |
| 2020 | -11.3% | -11.2% | +2.0% |
| 2019 | +1.0% | +18.3% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
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 Building Contractors Association Inc with a Mission Score of 85 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, Building Contractors Association 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 deficit of $413K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be uncompensated or compensated through mechanisms not reported as officer compensation on the Form 990. This indicates extremely low, if any, direct executive salary burden on the organization's finances.
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 Building Contractors Association Inc's IRS 990 filings:
- Consistent small operating deficits in the last two reported periods (202312 and 202212) where expenses exceeded revenue.
- NTEE code is unknown, making it difficult to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Building Contractors Association Inc:
- Zero reported liabilities in the most recent two fiscal periods (202312 and 202212), indicating a very strong balance sheet.
- Consistent reporting of 0% officer compensation across all available filings, suggesting very low executive overhead.
- Maintained a healthy asset base, consistently above $1.5 million, providing financial stability.
- Long history of IRS 990 filings (13 filings), demonstrating consistent transparency and compliance.
Frequently Asked Questions about Building Contractors Association Inc
Is Building Contractors Association Inc a legitimate charity?
Building Contractors Association Inc (EIN: 132797135) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.9M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Building Contractors Association Inc spend its money?
Building Contractors Association Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Building Contractors Association Inc tax-deductible?
Building Contractors Association Inc is registered as a tax-exempt nonprofit (EIN: 132797135). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Building Contractors Association Inc's spending goes to programs?
Building Contractors Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Building Contractors Association Inc located?
Building Contractors Association Inc is headquartered in New York, New York and files with the IRS under EIN 132797135.
How many years of IRS 990 filings does Building Contractors Association Inc have?
Building Contractors Association 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 $5.9M in total revenue.
How does Building Contractors Association Inc. fund its operations without reporting officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that executive leadership is volunteer-based, compensated through a related entity, or that compensation is categorized differently within the filing (e.g., as general salaries and wages if not considered 'officers'). Further investigation into the detailed expense breakdown would be needed to clarify.
What caused the recent deficits in 2022 and 2023?
In 202312, expenses ($5,193,126) exceeded revenue ($4,780,130) by $412,996. In 202212, expenses ($5,258,103) exceeded revenue ($4,809,880) by $448,223. These deficits, while notable, are not excessively large relative to the organization's total revenue and asset base. They could be due to increased program activities, one-time expenditures, or temporary dips in revenue. The organization's strong asset base and zero liabilities suggest it can absorb these short-term deficits.
What is the primary source of revenue for the organization?
While the NTEE code is unknown, the name 'Building Contractors Association Inc.' suggests that revenue likely comes from membership dues, industry events, or services provided to its members within the building contracting sector. The consistent revenue streams around $4-5 million support this model.
How does the organization manage to maintain zero liabilities in recent years?
The filings for 202312 and 202212 show $0 in liabilities, a significant improvement from previous years where small liabilities were reported. This indicates excellent financial management, possibly through timely payment of obligations, strong cash flow, or a deliberate strategy to operate debt-free.
Filing History
IRS 990 filing history for Building Contractors Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Building Contractors Association Inc's revenue has grown by 88.9%, moving from $2.5M to $4.8M. Total assets decreased by 37.5% over the same period, from $2.7M to $1.7M. Total functional expenses rose by 75.5%, from $3.0M to $5.2M. In its most recent filing year (2023), Building Contractors Association Inc reported a deficit of $413K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $5.2M | $1.7M | $0 | — | — |
| 2022 | $4.8M | $5.3M | $2.0M | $0 | — | View 990 |
| 2021 | $5.0M | $4.8M | $2.7M | $0 | — | View 990 |
| 2020 | $4.6M | $4.7M | $2.5M | $1K | — | View 990 |
| 2019 | $5.1M | $5.2M | $2.5M | $2K | — | — |
| 2018 | $5.1M | $4.4M | $2.5M | $5K | — | View 990 |
| 2017 | $4.4M | $4.2M | $1.9M | $10K | — | View 990 |
| 2016 | $4.1M | $4.7M | $1.6M | $381 | — | View 990 |
| 2015 | $3.9M | $4.7M | $2.1M | $735 | — | View 990 |
| 2014 | $3.5M | $3.8M | $3.0M | $32K | — | View 990 |
| 2013 | $3.6M | $3.5M | $3.4M | $43K | — | View 990 |
| 2012 | $3.2M | $2.7M | $3.2M | $62K | — | View 990 |
| 2011 | $2.5M | $3.0M | $2.7M | $54K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $5.2M, and assets of $1.7M (revenue -0.6% year-over-year).
- 2022: Revenue of $4.8M, expenses of $5.3M, and assets of $2.0M (revenue -3.1% year-over-year).
- 2021: Revenue of $5.0M, expenses of $4.8M, and assets of $2.7M (revenue +8.9% year-over-year).
- 2020: Revenue of $4.6M, expenses of $4.7M, and assets of $2.5M (revenue -11.3% year-over-year).
- 2019: Revenue of $5.1M, expenses of $5.2M, and assets of $2.5M (revenue +1.0% year-over-year).
- 2018: Revenue of $5.1M, expenses of $4.4M, and assets of $2.5M (revenue +16.2% year-over-year).
- 2017: Revenue of $4.4M, expenses of $4.2M, and assets of $1.9M (revenue +5.9% year-over-year).
- 2016: Revenue of $4.1M, expenses of $4.7M, and assets of $1.6M (revenue +5.3% year-over-year).
- 2015: Revenue of $3.9M, expenses of $4.7M, and assets of $2.1M (revenue +10.8% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.8M, and assets of $3.0M (revenue -1.2% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.5M, and assets of $3.4M (revenue +11.9% year-over-year).
- 2012: Revenue of $3.2M, expenses of $2.7M, and assets of $3.2M (revenue +26.8% year-over-year).
- 2011: Revenue of $2.5M, expenses of $3.0M, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Building Contractors Association Inc:
Data Sources and Methodology
This transparency report for Building Contractors Association 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.