Commonwealth Center For Advanced Manufacturing
EIN: 272922154 · Disputanta, VA · NTEE: U40
| Metric | Value |
|---|---|
| Total Revenue | $24.2M |
| Total Expenses | $9.1M |
| Net Assets | $-3,780,251 |
Is Commonwealth Center For Advanced Manufacturing Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Commonwealth Center For Advanced Manufacturing
Commonwealth Center For Advanced Manufacturing (EIN: 272922154) is a nonprofit organization based in Disputanta, VA, classified under NTEE code U40. The organization reported total revenue of $24.2M and total assets of $13.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Commonwealth Center For Advanced Manufacturing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Commonwealth Center For Advanced Manufacturing is a large nonprofit that has been operating for 14 years, with 14 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.9M |
| Total Expenses | $9.1M |
| Surplus / Deficit | +$4.8M |
| Total Assets | $6.9M |
| Total Liabilities | $10.7M |
| Net Assets | $-3,780,251 |
| Operating Margin | 34.5% |
| Debt-to-Asset Ratio | 154.6% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2023, Commonwealth Center For Advanced Manufacturing reported a surplus of $4.8M with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 154.6% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +84.6% | +11.2% | +16.3% |
| 2022 | -18.5% | -5.1% | +18.6% |
| 2021 | -16.3% | -17.4% | +1.2% |
| 2020 | +167.4% | +104.3% | +9.7% |
| 2019 | -40.4% | -25.5% | -27.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Commonwealth Center For Advanced Manufacturing 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 Commonwealth Center For Advanced Manufacturing 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 $4.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 154.6%.
Frequently Asked Questions about Commonwealth Center For Advanced Manufacturing
Is Commonwealth Center For Advanced Manufacturing a legitimate charity?
Commonwealth Center For Advanced Manufacturing (EIN: 272922154) is a registered tax-exempt nonprofit based in Virginia. It has 14 years of IRS 990 filings on record. Total revenue: $24.2M. No red flags identified. Financial health grade: A.
How does Commonwealth Center For Advanced Manufacturing spend its money?
Commonwealth Center For Advanced Manufacturing reported $24.2M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Commonwealth Center For Advanced Manufacturing tax-deductible?
Commonwealth Center For Advanced Manufacturing is registered as a tax-exempt nonprofit (EIN: 272922154). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Commonwealth Center For Advanced Manufacturing located?
Commonwealth Center For Advanced Manufacturing is headquartered in Disputanta, Virginia and files with the IRS under EIN 272922154. It is classified under NTEE code U40.
How many years of IRS 990 filings does Commonwealth Center For Advanced Manufacturing have?
Commonwealth Center For Advanced Manufacturing has 14 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 $24.2M in total revenue.
Filing History
IRS 990 filing history for Commonwealth Center For Advanced Manufacturing showing financial trends over 14 years of public records:
Total assets increased by 2480% over the same period, from $268K to $6.9M. In its most recent filing year (2023), Commonwealth Center For Advanced Manufacturing reported a surplus of $4.8M, with revenue exceeding expenses. The organization holds $10.7M in liabilities against $6.9M in assets (debt-to-asset ratio: 154.6%), resulting in net assets of $-3,780,251.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.9M | $9.1M | $6.9M | $10.7M | — | View 990 |
| 2022 | $7.5M | $8.2M | $6.0M | $14.5M | — | View 990 |
| 2021 | $9.3M | $8.7M | $5.0M | $12.9M | — | View 990 |
| 2020 | $11.1M | $10.5M | $5.0M | $13.5M | — | View 990 |
| 2019 | $4.1M | $5.1M | $4.5M | $13.6M | — | View 990 |
| 2018 | $6.9M | $6.9M | $6.2M | $11.9M | — | View 990 |
| 2017 | $7.0M | $9.8M | $7.8M | $13.6M | — | View 990 |
| 2016 | $6.5M | $10.4M | $8.8M | $11.8M | — | View 990 |
| 2015 | $6.3M | $8.2M | $14.8M | $13.9M | — | View 990 |
| 2014 | $4.5M | $7.8M | $13.9M | $10.9M | — | View 990 |
| 2013 | $4.2M | $4.2M | $12.6M | $8.7M | — | View 990 |
| 2012 | $7.3M | $4.3M | $10.8M | $6.7M | — | View 990 |
| 2011 | $1.4M | $1.0M | $3.3M | $2.9M | — | View 990 |
| 2010 | $0 | $0 | $268K | $268K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.9M, expenses of $9.1M, and assets of $6.9M (revenue +84.6% year-over-year).
- 2022: Revenue of $7.5M, expenses of $8.2M, and assets of $6.0M (revenue -18.5% year-over-year).
- 2021: Revenue of $9.3M, expenses of $8.7M, and assets of $5.0M (revenue -16.3% year-over-year).
- 2020: Revenue of $11.1M, expenses of $10.5M, and assets of $5.0M (revenue +167.4% year-over-year).
- 2019: Revenue of $4.1M, expenses of $5.1M, and assets of $4.5M (revenue -40.4% year-over-year).
- 2018: Revenue of $6.9M, expenses of $6.9M, and assets of $6.2M (revenue -1.2% year-over-year).
- 2017: Revenue of $7.0M, expenses of $9.8M, and assets of $7.8M (revenue +8.0% year-over-year).
- 2016: Revenue of $6.5M, expenses of $10.4M, and assets of $8.8M (revenue +4.0% year-over-year).
- 2015: Revenue of $6.3M, expenses of $8.2M, and assets of $14.8M (revenue +38.0% year-over-year).
- 2014: Revenue of $4.5M, expenses of $7.8M, and assets of $13.9M (revenue +8.8% year-over-year).
- 2013: Revenue of $4.2M, expenses of $4.2M, and assets of $12.6M (revenue -43.1% year-over-year).
- 2012: Revenue of $7.3M, expenses of $4.3M, and assets of $10.8M (revenue +426.8% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.0M, and assets of $3.3M.
- 2010: Revenue of $0, expenses of $0, and assets of $268K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Commonwealth Center For Advanced Manufacturing:
Data Sources and Methodology
This transparency report for Commonwealth Center For Advanced Manufacturing 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.