Elevator Escalator Safety Foundation Inc
EIN: 581962135 · Mobile, AL · NTEE: M40
| Metric | Value |
|---|---|
| Total Revenue | $329K |
| Total Expenses | $200K |
| Net Assets | $756K |
Is Elevator Escalator Safety Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elevator Escalator Safety Foundation Inc
Elevator Escalator Safety Foundation Inc (EIN: 581962135) is a nonprofit organization based in Mobile, AL, classified under NTEE code M40. The organization reported total revenue of $329K and total assets of $762K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elevator Escalator Safety Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elevator Escalator Safety Foundation Inc is a small nonprofit that has been operating for 3 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $250K |
| Total Expenses | $200K |
| Surplus / Deficit | +$49K |
| Total Assets | $762K |
| Total Liabilities | $6K |
| Net Assets | $756K |
| Operating Margin | 19.8% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 45.6 months |
Financial Health Grade: A
In 2023, Elevator Escalator Safety Foundation Inc reported a surplus of $49K with revenue exceeding expenses, holds 45.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Elevator Escalator Safety Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.9% | -22.8% | +19.7% |
| 2020 | -20.0% | +10.6% | +11.5% |
| 2019 | +0.0% | +0.0% | +0.0% |
| 2018 | -15.8% | -40.7% | +41.8% |
| 2017 | +16.9% | -19.1% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elevator Escalator Safety Foundation Inc 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 Elevator Escalator Safety Foundation Inc 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 $49K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Elevator Escalator Safety Foundation Inc
Is Elevator Escalator Safety Foundation Inc a legitimate charity?
Elevator Escalator Safety Foundation Inc (EIN: 581962135) is a registered tax-exempt nonprofit based in Alabama. It has 11 years of IRS 990 filings on record. Total revenue: $329K. No red flags identified. Financial health grade: A.
How does Elevator Escalator Safety Foundation Inc spend its money?
Elevator Escalator Safety Foundation Inc reported $329K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Elevator Escalator Safety Foundation Inc tax-deductible?
Elevator Escalator Safety Foundation Inc is registered as a tax-exempt nonprofit (EIN: 581962135). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elevator Escalator Safety Foundation Inc located?
Elevator Escalator Safety Foundation Inc is headquartered in Mobile, Alabama and files with the IRS under EIN 581962135. It is classified under NTEE code M40.
How many years of IRS 990 filings does Elevator Escalator Safety Foundation Inc have?
Elevator Escalator Safety Foundation Inc has 11 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 $329K in total revenue.
Filing History
IRS 990 filing history for Elevator Escalator Safety Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Elevator Escalator Safety Foundation Inc's revenue has declined by 43.8%, moving from $445K to $250K. Total assets increased by 86.6% over the same period, from $408K to $762K. Total functional expenses fell by 58.7%, from $485K to $200K. In its most recent filing year (2023), Elevator Escalator Safety Foundation Inc reported a surplus of $49K, with revenue exceeding expenses. The organization holds $6K in liabilities against $762K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $756K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $250K | $200K | $762K | $6K | — | View 990 |
| 2020 | $324K | $260K | $637K | $5K | — | — |
| 2019 | $405K | $235K | $571K | $3K | — | — |
| 2018 | $405K | $235K | $571K | $3K | — | — |
| 2017 | $481K | $396K | $403K | $42K | — | View 990 |
| 2016 | $411K | $489K | $364K | $88K | — | View 990 |
| 2015 | $446K | $388K | $453K | $99K | — | View 990 |
| 2014 | $479K | $616K | $415K | $142K | — | View 990 |
| 2013 | $354K | $422K | $374K | $31K | — | View 990 |
| 2012 | $424K | $407K | $428K | $32K | — | View 990 |
| 2011 | $445K | $485K | $408K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $250K, expenses of $200K, and assets of $762K (revenue -22.9% year-over-year).
- 2020: Revenue of $324K, expenses of $260K, and assets of $637K (revenue -20.0% year-over-year).
- 2019: Revenue of $405K, expenses of $235K, and assets of $571K (revenue +0.0% year-over-year).
- 2018: Revenue of $405K, expenses of $235K, and assets of $571K (revenue -15.8% year-over-year).
- 2017: Revenue of $481K, expenses of $396K, and assets of $403K (revenue +16.9% year-over-year).
- 2016: Revenue of $411K, expenses of $489K, and assets of $364K (revenue -7.8% year-over-year).
- 2015: Revenue of $446K, expenses of $388K, and assets of $453K (revenue -6.9% year-over-year).
- 2014: Revenue of $479K, expenses of $616K, and assets of $415K (revenue +35.3% year-over-year).
- 2013: Revenue of $354K, expenses of $422K, and assets of $374K (revenue -16.4% year-over-year).
- 2012: Revenue of $424K, expenses of $407K, and assets of $428K (revenue -4.7% year-over-year).
- 2011: Revenue of $445K, expenses of $485K, and assets of $408K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elevator Escalator Safety Foundation Inc:
Data Sources and Methodology
This transparency report for Elevator Escalator Safety Foundation 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.