Ductile Iron Society Inc

Ductile Iron Society Inc maintains strong asset growth and zero liabilities with consistent revenue.

EIN: 132885682 · Germantown, WI · Updated: 2026-03-28

$439KRevenue

$1.6MAssets

85/100Mission Score (Excellent)

About Ductile Iron Society Inc

Ductile Iron Society Inc (EIN: 132885682) is a nonprofit organization based in Germantown, WI. The organization reported total revenue of $439K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ductile Iron Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Ductile Iron Society Inc demonstrates consistent financial stability with a healthy asset base, currently at $1,603,353. Over the past several years, the organization has generally maintained positive net income, with revenues frequently exceeding expenses, such as in 202406 where revenue was $414,556 against expenses of $367,013. This trend indicates effective financial management and a capacity to build reserves. The organization's liabilities have consistently been reported as $0 across all available filings, which is a significant strength indicating a debt-free operation and strong financial health.

Spending efficiency appears robust, particularly given the consistent reporting of 0% officer compensation, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can contribute to lower administrative overhead. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio is difficult to ascertain, but the overall financial health suggests resources are managed effectively. The consistent growth in assets over time, from $892,779 in 201606 to over $1.6 million currently, further supports a picture of sound financial stewardship.

Transparency is high regarding executive compensation, with 0% reported for officers across all available filings. The consistent filing of IRS Form 990s over many years also indicates a commitment to public disclosure. However, the lack of a specified NTEE code and a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data limits a deeper analysis of program focus and spending efficiency. Despite this, the overall financial picture is one of a well-managed and financially secure organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ductile Iron Society 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Ductile Iron Society Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through mechanisms not categorized as officer compensation, which is highly favorable for resource allocation.

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 Ductile Iron Society Inc:

Consistent asset growth, from $892,779 in 201606 to $1,603,353 currently.
Zero reported liabilities across all available filings, indicating a debt-free operation.
0% officer compensation reported, suggesting efficient use of funds for leadership.
Revenues generally exceed expenses, demonstrating sound financial management (e.g., 202406: Revenue $414,556 vs. Expenses $367,013).
Long history of IRS 990 filings, indicating transparency and compliance.

Frequently Asked Questions about Ductile Iron Society Inc

Is Ductile Iron Society Inc a good charity?

Based on the available financial data, Ductile Iron Society Inc appears to be a financially sound organization with consistent revenue, growing assets, and zero reported liabilities. The 0% officer compensation is a significant positive indicator of efficient resource use. However, without detailed program spending breakdowns, it's challenging to fully assess program impact.

How has the organization's financial health changed over time?

The organization's financial health has steadily improved, with assets growing from $892,779 in 201606 to $1,603,353 currently. Revenues have consistently covered expenses in most years, and liabilities have remained at $0, indicating strong financial management and stability.

What is the organization's approach to executive compensation?

The Ductile Iron Society Inc reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership or compensation structure that minimizes overhead in this area.

Does the organization have any debt?

No, the organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating it operates debt-free.

Filing History

IRS 990 filing history for Ductile Iron Society Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Ductile Iron Society Inc's revenue has grown by 6.7%, moving from $389K to $415K. Total assets increased by 63.7% over the same period, from $870K to $1.4M. Total functional expenses rose by 18.1%, from $311K to $367K. In its most recent filing year (2024), Ductile Iron Society Inc reported a surplus of $48K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$415K	$367K	$1.4M	$0	—	—
2023	$494K	$363K	$1.3M	$0	—	—
2022	$341K	$391K	$1.1M	$0	—	View 990
2021	$368K	$239K	$1.3M	$0	—	—
2020	$355K	$383K	$1.1M	$0	—	View 990
2019	$475K	$420K	$1.1M	$0	—	View 990
2018	$431K	$406K	$1.1M	$0	—	—
2017	$433K	$404K	$1.0M	$0	—	View 990
2016	$409K	$384K	$893K	$0	—	View 990
2015	$457K	$414K	$954K	$0	—	View 990
2014	$505K	$426K	$974K	$0	—	View 990
2013	$410K	$369K	$856K	$0	—	View 990
2012	$389K	$311K	$870K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $415K, expenses of $367K, and assets of $1.4M (revenue -16.1% year-over-year).
2023: Revenue of $494K, expenses of $363K, and assets of $1.3M (revenue +44.9% year-over-year).
2022: Revenue of $341K, expenses of $391K, and assets of $1.1M (revenue -7.4% year-over-year).
2021: Revenue of $368K, expenses of $239K, and assets of $1.3M (revenue +3.6% year-over-year).
2020: Revenue of $355K, expenses of $383K, and assets of $1.1M (revenue -25.3% year-over-year).
2019: Revenue of $475K, expenses of $420K, and assets of $1.1M (revenue +10.4% year-over-year).
2018: Revenue of $431K, expenses of $406K, and assets of $1.1M (revenue -0.6% year-over-year).
2017: Revenue of $433K, expenses of $404K, and assets of $1.0M (revenue +6.1% year-over-year).
2016: Revenue of $409K, expenses of $384K, and assets of $893K (revenue -10.7% year-over-year).
2015: Revenue of $457K, expenses of $414K, and assets of $954K (revenue -9.4% year-over-year).
2014: Revenue of $505K, expenses of $426K, and assets of $974K (revenue +23.0% year-over-year).
2013: Revenue of $410K, expenses of $369K, and assets of $856K (revenue +5.6% year-over-year).
2012: Revenue of $389K, expenses of $311K, and assets of $870K.

Data Sources and Methodology

This transparency report for Ductile Iron Society 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.