Elevator Industries Association Inc
Elevator Industries Association Inc shows stable finances with zero liabilities and no officer compensation, despite occasional deficit spending.
EIN: 133190435 · Norwalk, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $304K |
| Total Expenses | $199K |
| Program Spending | 70% |
| Net Assets | $77K |
| Transparency Score | 85/100 |
Is Elevator Industries Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elevator Industries Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Elevator Industries Association Inc
Elevator Industries Association Inc (EIN: 133190435) is a nonprofit organization based in Norwalk, CT. The organization reported total revenue of $304K and total assets of $70K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elevator Industries Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elevator Industries Association Inc is a small nonprofit that has been operating for 42 years, with 13 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 | $252K |
| Total Expenses | $199K |
| Surplus / Deficit | +$53K |
| Total Assets | $77K |
| Net Assets | $77K |
| Operating Margin | 21.2% |
| Months of Reserves | 4.7 months |
Financial Health Grade: A
In 2023, Elevator Industries Association Inc reported a surplus of $53K with revenue exceeding expenses, holds 4.7 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Elevator Industries Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.3% | -15.8% | +224.0% |
| 2022 | +32.8% | -6.3% | -63.2% |
| 2021 | -43.6% | +47.5% | -61.8% |
| 2020 | +11.7% | -7.4% | +112.0% |
| 2019 | +1.2% | -38.2% | +155.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Elevator Industries Association 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Elevator Industries Association Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $53K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size and suggests a volunteer-led or extremely lean administrative structure.
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.
Red Flags
The following concerns were identified during AI analysis of Elevator Industries Association Inc's IRS 990 filings:
- Occasional deficit spending (e.g., 2022 expenses exceeded revenue by over $40,000)
- Lack of detailed functional expense breakdown in provided data, making precise program efficiency assessment difficult
- NTEE code is unknown, which limits understanding of its specific mission area
Strengths
The following positive indicators were identified for Elevator Industries Association Inc:
- Consistent reporting of zero liabilities across all filings
- No reported officer compensation, suggesting efficient use of funds or volunteer leadership
- Strong compliance with IRS reporting, evidenced by 13 filings
- Generally stable financial health with revenues often exceeding expenses
Frequently Asked Questions about Elevator Industries Association Inc
Is Elevator Industries Association Inc a legitimate charity?
Elevator Industries Association Inc (EIN: 133190435) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $304K. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Elevator Industries Association Inc spend its money?
Elevator Industries Association Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Elevator Industries Association Inc tax-deductible?
Elevator Industries Association Inc is registered as a tax-exempt nonprofit (EIN: 133190435). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Elevator Industries Association Inc's spending goes to programs?
Elevator Industries Association Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Elevator Industries Association Inc located?
Elevator Industries Association Inc is headquartered in Norwalk, Connecticut and files with the IRS under EIN 133190435.
How many years of IRS 990 filings does Elevator Industries Association Inc have?
Elevator Industries Association Inc 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 $304K in total revenue.
Is Elevator Industries Association Inc a good charity?
Based on the available financial data, Elevator Industries Association Inc appears to be a financially responsible organization with a strong track record of zero liabilities and no officer compensation. Its consistent filing history also points to good transparency. However, without detailed program spending information, it's difficult to fully assess its programmatic impact.
What is the trend in the organization's revenue and expenses?
Revenue has fluctuated, with a high of $284,659 in 2016 and a low of $147,045 in 2021. Expenses also vary, but the organization has shown periods of both surplus (e.g., 2023: $252,448 revenue vs. $198,972 expenses) and deficit spending (e.g., 2022: $195,314 revenue vs. $236,310 expenses).
How does the organization manage its liabilities?
Elevator Industries Association Inc consistently reports $0 in liabilities across all 13 available IRS 990 filings, indicating excellent financial management and no outstanding debt.
Filing History
IRS 990 filing history for Elevator Industries Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Elevator Industries Association Inc's revenue has grown by 73.3%, moving from $146K to $252K. Total assets increased by 36.9% over the same period, from $56K to $77K. Total functional expenses rose by 122.8%, from $89K to $199K. In its most recent filing year (2023), Elevator Industries Association Inc reported a surplus of $53K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $252K | $199K | $77K | $0 | — | — |
| 2022 | $195K | $236K | $24K | $0 | — | View 990 |
| 2021 | $147K | $252K | $65K | $0 | — | View 990 |
| 2020 | $261K | $171K | $170K | $0 | — | View 990 |
| 2019 | $233K | $185K | $80K | $0 | — | View 990 |
| 2018 | $231K | $299K | $31K | $0 | — | View 990 |
| 2017 | $234K | $182K | $99K | $0 | — | View 990 |
| 2016 | $285K | $267K | $47K | $0 | — | View 990 |
| 2015 | $204K | $249K | $29K | $0 | — | View 990 |
| 2014 | $200K | $177K | $75K | $0 | — | View 990 |
| 2013 | $213K | $188K | $51K | $0 | — | View 990 |
| 2012 | $251K | $290K | $27K | $0 | — | View 990 |
| 2011 | $146K | $89K | $56K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $252K, expenses of $199K, and assets of $77K (revenue +29.3% year-over-year).
- 2022: Revenue of $195K, expenses of $236K, and assets of $24K (revenue +32.8% year-over-year).
- 2021: Revenue of $147K, expenses of $252K, and assets of $65K (revenue -43.6% year-over-year).
- 2020: Revenue of $261K, expenses of $171K, and assets of $170K (revenue +11.7% year-over-year).
- 2019: Revenue of $233K, expenses of $185K, and assets of $80K (revenue +1.2% year-over-year).
- 2018: Revenue of $231K, expenses of $299K, and assets of $31K (revenue -1.5% year-over-year).
- 2017: Revenue of $234K, expenses of $182K, and assets of $99K (revenue -17.8% year-over-year).
- 2016: Revenue of $285K, expenses of $267K, and assets of $47K (revenue +39.8% year-over-year).
- 2015: Revenue of $204K, expenses of $249K, and assets of $29K (revenue +1.7% year-over-year).
- 2014: Revenue of $200K, expenses of $177K, and assets of $75K (revenue -5.8% year-over-year).
- 2013: Revenue of $213K, expenses of $188K, and assets of $51K (revenue -15.3% year-over-year).
- 2012: Revenue of $251K, expenses of $290K, and assets of $27K (revenue +72.1% year-over-year).
- 2011: Revenue of $146K, expenses of $89K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elevator Industries Association Inc:
Data Sources and Methodology
This transparency report for Elevator Industries Association 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.