Defense Industry Initiative On Business Ethics & Conduct
EIN: 521559147 · Chicago, IL
| Metric | Value |
|---|---|
| Total Revenue | $489K |
| Total Expenses | $263K |
| Net Assets | $1.6M |
Is Defense Industry Initiative On Business Ethics & Conduct Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Defense Industry Initiative On Business Ethics & Conduct
Defense Industry Initiative On Business Ethics & Conduct (EIN: 521559147) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $489K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Defense Industry Initiative On Business Ethics & Conduct's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Defense Industry Initiative On Business Ethics & Conduct is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $493K |
| Total Expenses | $263K |
| Surplus / Deficit | +$231K |
| Total Assets | $1.6M |
| Total Liabilities | $20K |
| Net Assets | $1.6M |
| Operating Margin | 46.7% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 72.0 months |
Financial Health Grade: A
In 2023, Defense Industry Initiative On Business Ethics & Conduct reported a surplus of $231K with revenue exceeding expenses, holds 72.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Defense Industry Initiative On Business Ethics & Conduct's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.2% | +20.9% | +18.1% |
| 2022 | +43.4% | +34.0% | +25.1% |
| 2021 | -11.5% | +9.2% | +25.1% |
| 2020 | -26.6% | -57.3% | +38.5% |
| 2019 | -1.6% | +6.1% | +51.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Defense Industry Initiative On Business Ethics & Conduct 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 Defense Industry Initiative On Business Ethics & Conduct 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 $231K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Defense Industry Initiative On Business Ethics & Conduct
Is Defense Industry Initiative On Business Ethics & Conduct a legitimate charity?
Defense Industry Initiative On Business Ethics & Conduct (EIN: 521559147) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $489K. No red flags identified. Financial health grade: A.
How does Defense Industry Initiative On Business Ethics & Conduct spend its money?
Defense Industry Initiative On Business Ethics & Conduct reported $489K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Defense Industry Initiative On Business Ethics & Conduct tax-deductible?
Defense Industry Initiative On Business Ethics & Conduct is registered as a tax-exempt nonprofit (EIN: 521559147). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Defense Industry Initiative On Business Ethics & Conduct located?
Defense Industry Initiative On Business Ethics & Conduct is headquartered in Chicago, Illinois and files with the IRS under EIN 521559147.
How many years of IRS 990 filings does Defense Industry Initiative On Business Ethics & Conduct have?
Defense Industry Initiative On Business Ethics & Conduct 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 $489K in total revenue.
Filing History
IRS 990 filing history for Defense Industry Initiative On Business Ethics & Conduct showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Defense Industry Initiative On Business Ethics & Conduct's revenue has declined by 11.6%, moving from $558K to $493K. Total assets increased by 215.6% over the same period, from $499K to $1.6M. Total functional expenses fell by 47.4%, from $500K to $263K. In its most recent filing year (2023), Defense Industry Initiative On Business Ethics & Conduct reported a surplus of $231K, with revenue exceeding expenses. The organization holds $20K in liabilities against $1.6M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $493K | $263K | $1.6M | $20K | — | — |
| 2022 | $505K | $217K | $1.3M | $9K | — | View 990 |
| 2021 | $352K | $162K | $1.1M | $28K | — | — |
| 2020 | $397K | $148K | $853K | $4K | — | — |
| 2019 | $541K | $348K | $616K | $16K | — | View 990 |
| 2018 | $550K | $328K | $407K | $0 | — | View 990 |
| 2017 | $492K | $534K | $243K | $58K | — | View 990 |
| 2016 | $486K | $560K | $499K | $272K | — | View 990 |
| 2015 | $525K | $691K | $612K | $311K | — | View 990 |
| 2014 | $541K | $605K | $681K | $214K | — | View 990 |
| 2013 | $547K | $607K | $719K | $188K | — | View 990 |
| 2012 | $563K | $431K | $620K | $29K | — | View 990 |
| 2011 | $558K | $500K | $499K | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $493K, expenses of $263K, and assets of $1.6M (revenue -2.2% year-over-year).
- 2022: Revenue of $505K, expenses of $217K, and assets of $1.3M (revenue +43.4% year-over-year).
- 2021: Revenue of $352K, expenses of $162K, and assets of $1.1M (revenue -11.5% year-over-year).
- 2020: Revenue of $397K, expenses of $148K, and assets of $853K (revenue -26.6% year-over-year).
- 2019: Revenue of $541K, expenses of $348K, and assets of $616K (revenue -1.6% year-over-year).
- 2018: Revenue of $550K, expenses of $328K, and assets of $407K (revenue +11.7% year-over-year).
- 2017: Revenue of $492K, expenses of $534K, and assets of $243K (revenue +1.3% year-over-year).
- 2016: Revenue of $486K, expenses of $560K, and assets of $499K (revenue -7.5% year-over-year).
- 2015: Revenue of $525K, expenses of $691K, and assets of $612K (revenue -3.0% year-over-year).
- 2014: Revenue of $541K, expenses of $605K, and assets of $681K (revenue -0.9% year-over-year).
- 2013: Revenue of $547K, expenses of $607K, and assets of $719K (revenue -3.0% year-over-year).
- 2012: Revenue of $563K, expenses of $431K, and assets of $620K (revenue +0.9% year-over-year).
- 2011: Revenue of $558K, expenses of $500K, and assets of $499K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Defense Industry Initiative On Business Ethics & Conduct:
Data Sources and Methodology
This transparency report for Defense Industry Initiative On Business Ethics & Conduct 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.