Cigar Assoc Of America Inc
Cigar Assoc Of America Inc maintains stable finances with consistent revenue and zero reported officer compensation.
EIN: 135568722 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $5.2M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $2.0M |
| Transparency Score | 70/100 |
Is Cigar Assoc Of America Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cigar Assoc Of America Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Cigar Assoc Of America Inc
Cigar Assoc Of America Inc (EIN: 135568722) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $5.3M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cigar Assoc Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cigar Assoc Of America Inc is a mid-size nonprofit that has been operating for 88 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.0M |
| Total Expenses | $5.2M |
| Surplus / Deficit | $-168,171 |
| Total Assets | $2.3M |
| Total Liabilities | $235K |
| Net Assets | $2.0M |
| Operating Margin | -3.4% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2023, Cigar Assoc Of America Inc reported a deficit of $168K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cigar Assoc Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.2% | +6.6% | -10.7% |
| 2022 | +3.0% | +8.2% | +13.6% |
| 2021 | -4.6% | -12.0% | +8.6% |
| 2020 | +2.3% | -7.2% | -11.9% |
| 2019 | -15.1% | +7.3% | -15.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1938 |
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 Cigar Assoc Of America Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Cigar Assoc Of America Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $168K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with over $5 million in annual revenue. This suggests either a fully volunteer executive leadership or that executive salaries are categorized under other expense lines, which could obscure true compensation costs.
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 Cigar Assoc Of America Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and could indicate miscategorization of executive pay.
- NTEE code is unknown, which limits understanding of the organization's specific charitable purpose and sector.
Strengths
The following positive indicators were identified for Cigar Assoc Of America Inc:
- Stable financial operations with consistent revenue streams around $5 million annually.
- Healthy asset-to-liability ratio, indicating good financial solvency.
- Consistent reporting of zero officer compensation, suggesting strong cost control at the executive level if truly volunteer-led.
Frequently Asked Questions about Cigar Assoc Of America Inc
Is Cigar Assoc Of America Inc a legitimate charity?
Cigar Assoc Of America Inc (EIN: 135568722) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.3M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Cigar Assoc Of America Inc spend its money?
Cigar Assoc Of America Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Cigar Assoc Of America Inc tax-deductible?
Cigar Assoc Of America Inc is registered as a tax-exempt nonprofit (EIN: 135568722). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cigar Assoc Of America Inc CEO make?
Cigar Assoc Of America Inc's highest-compensated officer earns $5 annually. The organization reported $5.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cigar Assoc Of America Inc's spending goes to programs?
Cigar Assoc Of America Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Cigar Assoc Of America Inc located?
Cigar Assoc Of America Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 135568722.
How many years of IRS 990 filings does Cigar Assoc Of America Inc have?
Cigar Assoc Of America 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 $5.3M in total revenue.
How does Cigar Assoc Of America Inc manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. It suggests either a volunteer-led executive team or that executive compensation is reported under other expense categories, which would require further investigation to understand the true cost of leadership.
What is the NTEE code for Cigar Assoc Of America Inc, and how does it align with its activities?
The NTEE code for Cigar Assoc Of America Inc is currently unknown. Understanding this code would provide clarity on the organization's primary purpose and how its financial activities align with its stated mission.
What are the specific program activities funded by Cigar Assoc Of America Inc's expenses?
Without a detailed breakdown of expenses beyond total expenses, it is difficult to ascertain the specific program activities that the organization funds. A more granular expense report would enhance transparency regarding its programmatic impact.
Filing History
IRS 990 filing history for Cigar Assoc Of America Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cigar Assoc Of America Inc's revenue has grown by 13.6%, moving from $4.4M to $5.0M. Total assets increased by 67.3% over the same period, from $1.3M to $2.3M. Total functional expenses rose by 15.4%, from $4.5M to $5.2M. In its most recent filing year (2023), Cigar Assoc Of America Inc reported a deficit of $168K, with expenses exceeding revenue. The organization holds $235K in liabilities against $2.3M in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $5.2M | $2.3M | $235K | — | — |
| 2022 | $4.9M | $4.8M | $2.5M | $342K | — | View 990 |
| 2021 | $4.8M | $4.5M | $2.2M | $70K | — | View 990 |
| 2020 | $5.0M | $5.1M | $2.1M | $155K | — | View 990 |
| 2019 | $4.9M | $5.5M | $2.3M | $320K | — | View 990 |
| 2018 | $5.7M | $5.1M | $2.8M | $131K | — | View 990 |
| 2017 | $5.3M | $4.7M | $2.5M | $51K | — | View 990 |
| 2016 | $4.6M | $4.8M | $2.0M | $121K | — | View 990 |
| 2015 | $5.4M | $4.4M | $2.2M | $166K | — | View 990 |
| 2014 | $5.3M | $4.7M | $1.3M | $423K | — | View 990 |
| 2013 | $5.4M | $4.7M | $956K | $686K | — | View 990 |
| 2012 | $4.3M | $4.8M | $582K | $928K | — | View 990 |
| 2011 | $4.4M | $4.5M | $1.3M | $72K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $5.2M, and assets of $2.3M (revenue +2.2% year-over-year).
- 2022: Revenue of $4.9M, expenses of $4.8M, and assets of $2.5M (revenue +3.0% year-over-year).
- 2021: Revenue of $4.8M, expenses of $4.5M, and assets of $2.2M (revenue -4.6% year-over-year).
- 2020: Revenue of $5.0M, expenses of $5.1M, and assets of $2.1M (revenue +2.3% year-over-year).
- 2019: Revenue of $4.9M, expenses of $5.5M, and assets of $2.3M (revenue -15.1% year-over-year).
- 2018: Revenue of $5.7M, expenses of $5.1M, and assets of $2.8M (revenue +9.2% year-over-year).
- 2017: Revenue of $5.3M, expenses of $4.7M, and assets of $2.5M (revenue +13.3% year-over-year).
- 2016: Revenue of $4.6M, expenses of $4.8M, and assets of $2.0M (revenue -14.5% year-over-year).
- 2015: Revenue of $5.4M, expenses of $4.4M, and assets of $2.2M (revenue +2.9% year-over-year).
- 2014: Revenue of $5.3M, expenses of $4.7M, and assets of $1.3M (revenue -1.7% year-over-year).
- 2013: Revenue of $5.4M, expenses of $4.7M, and assets of $956K (revenue +23.7% year-over-year).
- 2012: Revenue of $4.3M, expenses of $4.8M, and assets of $582K (revenue -1.7% year-over-year).
- 2011: Revenue of $4.4M, expenses of $4.5M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cigar Assoc Of America Inc:
Data Sources and Methodology
This transparency report for Cigar Assoc Of America 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.