Erats Thiel Building Company
EIN: 853514810 · Mountain Iron, MN · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $392K |
| Total Expenses | $345K |
| Net Assets | $359K |
Is Erats Thiel Building Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Erats Thiel Building Company
Erats Thiel Building Company (EIN: 853514810) is a nonprofit organization based in Mountain Iron, MN, classified under NTEE code B12. The organization reported total revenue of $392K and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Erats Thiel Building Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Erats Thiel Building Company is a small nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -21.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $363K |
| Total Expenses | $345K |
| Surplus / Deficit | +$18K |
| Total Assets | $5.5M |
| Total Liabilities | $5.2M |
| Net Assets | $359K |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 93.5% |
| Months of Reserves | 191.7 months |
Financial Health Grade: A
In 2023, Erats Thiel Building Company reported a surplus of $18K with revenue exceeding expenses, holds 191.7 months of operating reserves (strong position), has a debt-to-asset ratio of 93.5% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Erats Thiel Building Company's revenue has declined at a compound annual growth rate (CAGR) of -21.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.9% | +168.1% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Erats Thiel Building Company 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 Erats Thiel Building Company 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 $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 93.5%.
Frequently Asked Questions about Erats Thiel Building Company
Is Erats Thiel Building Company a legitimate charity?
Erats Thiel Building Company (EIN: 853514810) is a registered tax-exempt nonprofit based in Minnesota. It has 2 years of IRS 990 filings on record. Total revenue: $392K. No red flags identified. Financial health grade: A.
How does Erats Thiel Building Company spend its money?
Erats Thiel Building Company reported $392K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Erats Thiel Building Company tax-deductible?
Erats Thiel Building Company is registered as a tax-exempt nonprofit (EIN: 853514810). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Erats Thiel Building Company located?
Erats Thiel Building Company is headquartered in Mountain Iron, Minnesota and files with the IRS under EIN 853514810. It is classified under NTEE code B12.
How many years of IRS 990 filings does Erats Thiel Building Company have?
Erats Thiel Building Company has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $392K in total revenue.
Filing History
IRS 990 filing history for Erats Thiel Building Company showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Erats Thiel Building Company's revenue has declined by 21.9%, moving from $465K to $363K. Total assets increased by 0.2% over the same period, from $5.5M to $5.5M. Total functional expenses rose by 168.1%, from $129K to $345K. In its most recent filing year (2023), Erats Thiel Building Company reported a surplus of $18K, with revenue exceeding expenses. The organization holds $5.2M in liabilities against $5.5M in assets (debt-to-asset ratio: 93.5%), resulting in net assets of $359K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $363K | $345K | $5.5M | $5.2M | — | — |
| 2022 | $465K | $129K | $5.5M | $5.2M | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Erats Thiel Building Company:
Data Sources and Methodology
This transparency report for Erats Thiel Building Company 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.