Construction Financial Management Association
Construction Financial Management Association: Strong Financials, High Program Spending
EIN: 222400462 · Princeton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $13.1M |
| Total Expenses | $8.8M |
| Program Spending | 80% |
| Net Assets | $5.4M |
| Transparency Score | 85/100 |
Is Construction Financial Management Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Construction Financial Management Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Construction Financial Management Association
Construction Financial Management Association (EIN: 222400462) is a nonprofit organization based in Princeton, NJ. The organization reported total revenue of $13.1M and total assets of $14.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Construction Financial Management Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Construction Financial Management Association is a large nonprofit that has been operating for 40 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.4M |
| Total Expenses | $8.8M |
| Surplus / Deficit | $-489,549 |
| Total Assets | $12.2M |
| Total Liabilities | $6.8M |
| Net Assets | $5.4M |
| Operating Margin | -5.9% |
| Debt-to-Asset Ratio | 55.7% |
| Months of Reserves | 16.6 months |
Financial Health Grade: C
In 2023, Construction Financial Management Association reported a deficit of $490K with expenses exceeding revenue, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 55.7% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Construction Financial Management Association's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.7% | +31.4% | +4.3% |
| 2022 | +12.5% | +26.9% | +11.7% |
| 2021 | -23.6% | -29.5% | +8.4% |
| 2020 | +10.2% | +8.3% | -2.8% |
| 2019 | +4.6% | +11.3% | +9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1986 |
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 Construction Financial Management Association 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: 80%
- fundraising: 10%
According to IRS 990 filings, Construction Financial Management Association allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $490K, with expenses exceeding revenue.
- Debt-to-asset ratio: 55.7%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the available filings.
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.
Strengths
The following positive indicators were identified for Construction Financial Management Association:
- Consistent revenue growth from $5.78M in 2016 to $8.36M in 2023.
- Strong asset growth from $7.26M in 2016 to $12.23M in 2023.
- High percentage of expenses dedicated to programs, indicating efficient use of funds.
- Healthy financial position with increasing net assets over time.
Frequently Asked Questions about Construction Financial Management Association
Is Construction Financial Management Association a legitimate charity?
Construction Financial Management Association (EIN: 222400462) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $13.1M. No red flags identified. 4 strengths noted. Financial health grade: C.
How does Construction Financial Management Association spend its money?
Construction Financial Management Association directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Construction Financial Management Association tax-deductible?
Construction Financial Management Association is registered as a tax-exempt nonprofit (EIN: 222400462). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Construction Financial Management Association's spending goes to programs?
Construction Financial Management Association directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Construction Financial Management Association located?
Construction Financial Management Association is headquartered in Princeton, New Jersey and files with the IRS under EIN 222400462.
How many years of IRS 990 filings does Construction Financial Management Association have?
Construction Financial Management Association has 12 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 $13.1M in total revenue.
What does Construction Financial Management Association do?
Construction Financial Management Association is a nonprofit organization in the Unknown sector, located in Princeton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Construction Financial Management Association have?
Construction Financial Management Association reported total revenue of $13,135,369. Based on 12 IRS 990 filings on record.
What are Construction Financial Management Association's total assets?
Construction Financial Management Association holds total assets of $14,091,395 as reported in IRS 990 filings.
Where is Construction Financial Management Association located?
Construction Financial Management Association is based in Princeton, New Jersey.
What is Construction Financial Management Association's EIN?
Construction Financial Management Association's Employer Identification Number (EIN) is 222400462. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Construction Financial Management Association?
Construction Financial Management Association is classified under NTEE code Unknown (Unknown).
Is Construction Financial Management Association a registered 501(c)(3)?
Construction Financial Management Association appears in IRS records (EIN: 222400462). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Construction Financial Management Association file IRS Form 990?
Yes, Construction Financial Management Association has 12 IRS Form 990 filings on record. The most recent covers tax period 202303.
What was Construction Financial Management Association's revenue in 2023?
In the 202303 filing period, Construction Financial Management Association reported total revenue of $8,360,398, total expenses of $8,849,947, and net assets of $12,233,945.
Is Construction Financial Management Association's revenue growing or declining?
Construction Financial Management Association's revenue is growing. Revenue went from $6,816,166 (202203) to $8,360,398 (202303), a +22.7% change. Based on 12 filings on record.
What is Construction Financial Management Association's most recent 990 filing?
The most recent IRS Form 990 filing for Construction Financial Management Association covers tax period 202303. It shows revenue of $8,360,398, expenses of $8,849,947, total assets of $12,233,945, and liabilities of $6,817,738.
How much does Construction Financial Management Association spend on programs vs administration?
Based on IRS 990 analysis, Construction Financial Management Association allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Construction Financial Management Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Construction Financial Management Association appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Construction Financial Management Association's strengths?
Positive indicators for Construction Financial Management Association include: Consistent revenue growth from $5.78M in 2016 to $8.36M in 2023.. Strong asset growth from $7.26M in 2016 to $12.23M in 2023.. High percentage of expenses dedicated to programs, indicating efficient use of funds.. Healthy financial position with increasing net assets over time.. These findings are derived from AI analysis of the organization's financial filings.
How does Construction Financial Management Association compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to achieve consistent revenue and asset growth over the past eight years, and what specific strategies contribute to this trend?
The consistent growth in revenue and assets, from $5.78M in 2016 to $8.36M in 2023 for revenue and $7.26M to $12.23M for assets, suggests effective financial management and potentially successful membership engagement or program expansion initiatives. Further analysis of their annual reports or strategic plans would be needed to pinpoint specific strategies.
Filing History
IRS 990 filing history for Construction Financial Management Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Construction Financial Management Association's revenue has grown by 74.9%, moving from $4.8M to $8.4M. Total assets increased by 164.5% over the same period, from $4.6M to $12.2M. Total functional expenses rose by 98.7%, from $4.5M to $8.8M. In its most recent filing year (2023), Construction Financial Management Association reported a deficit of $490K, with expenses exceeding revenue. The organization holds $6.8M in liabilities against $12.2M in assets (debt-to-asset ratio: 55.7%), resulting in net assets of $5.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.4M | $8.8M | $12.2M | $6.8M | — | View 990 |
| 2022 | $6.8M | $6.7M | $11.7M | $5.4M | — | View 990 |
| 2021 | $6.1M | $5.3M | $10.5M | $4.1M | — | View 990 |
| 2020 | $7.9M | $7.5M | $9.7M | $4.7M | — | — |
| 2019 | $7.2M | $7.0M | $10.0M | $5.2M | — | View 990 |
| 2018 | $6.9M | $6.2M | $9.1M | $4.6M | — | View 990 |
| 2017 | $6.3M | $5.9M | $7.9M | $4.2M | — | View 990 |
| 2016 | $5.8M | $5.6M | $7.3M | $4.0M | — | View 990 |
| 2015 | $5.6M | $5.2M | $6.9M | $3.8M | — | View 990 |
| 2014 | $5.4M | $4.9M | $6.3M | $3.6M | — | View 990 |
| 2013 | $4.9M | $4.5M | $5.1M | $3.0M | — | View 990 |
| 2012 | $4.8M | $4.5M | $4.6M | $2.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.4M, expenses of $8.8M, and assets of $12.2M (revenue +22.7% year-over-year).
- 2022: Revenue of $6.8M, expenses of $6.7M, and assets of $11.7M (revenue +12.5% year-over-year).
- 2021: Revenue of $6.1M, expenses of $5.3M, and assets of $10.5M (revenue -23.6% year-over-year).
- 2020: Revenue of $7.9M, expenses of $7.5M, and assets of $9.7M (revenue +10.2% year-over-year).
- 2019: Revenue of $7.2M, expenses of $7.0M, and assets of $10.0M (revenue +4.6% year-over-year).
- 2018: Revenue of $6.9M, expenses of $6.2M, and assets of $9.1M (revenue +9.9% year-over-year).
- 2017: Revenue of $6.3M, expenses of $5.9M, and assets of $7.9M (revenue +8.3% year-over-year).
- 2016: Revenue of $5.8M, expenses of $5.6M, and assets of $7.3M (revenue +4.0% year-over-year).
- 2015: Revenue of $5.6M, expenses of $5.2M, and assets of $6.9M (revenue +2.7% year-over-year).
- 2014: Revenue of $5.4M, expenses of $4.9M, and assets of $6.3M (revenue +11.5% year-over-year).
- 2013: Revenue of $4.9M, expenses of $4.5M, and assets of $5.1M (revenue +1.5% year-over-year).
- 2012: Revenue of $4.8M, expenses of $4.5M, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Construction Financial Management Association:
Data Sources and Methodology
This transparency report for Construction Financial Management Association 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.