Global Industrial Cooperation Association
Global Industrial Cooperation Association maintains stable assets and reports no officer compensation amidst fluctuating revenues.
EIN: 161289460 · Beaverton, OR · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $501K |
| Total Expenses | $649K |
| Program Spending | 85% |
| Net Assets | $765K |
| Transparency Score | 85/100 |
Is Global Industrial Cooperation Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Global Industrial Cooperation Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Global Industrial Cooperation Association
Global Industrial Cooperation Association (EIN: 161289460) is a nonprofit organization based in Beaverton, OR. The organization reported total revenue of $501K and total assets of $782K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Industrial Cooperation Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Industrial Cooperation Association is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $667K |
| Total Expenses | $649K |
| Surplus / Deficit | +$18K |
| Total Assets | $835K |
| Total Liabilities | $70K |
| Net Assets | $765K |
| Operating Margin | 2.8% |
| Debt-to-Asset Ratio | 8.4% |
| Months of Reserves | 15.4 months |
Financial Health Grade: A
In 2023, Global Industrial Cooperation Association reported a surplus of $18K with revenue exceeding expenses, holds 15.4 months of operating reserves (strong position), has a debt-to-asset ratio of 8.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Global Industrial Cooperation Association's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.4% | +23.1% | -1.5% |
| 2022 | +373.8% | +148.7% | +44.2% |
| 2021 | +86.1% | -3.3% | -15.2% |
| 2020 | -90.6% | -74.2% | -15.7% |
| 2019 | +6.8% | +8.9% | +19.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
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 Global Industrial Cooperation Association 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Global Industrial Cooperation Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
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: 8.4%.
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 and suggests a volunteer-led executive structure or that compensation is reported under other categories not specified as 'officer compensation'.
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 Global Industrial Cooperation Association's IRS 990 filings:
- Highly fluctuating revenue year-over-year, indicating potential funding instability.
- NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Global Industrial Cooperation Association:
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
- Strong asset base relative to liabilities, with assets of $834,906 and liabilities of $70,292 in 2023.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.
Frequently Asked Questions about Global Industrial Cooperation Association
Is Global Industrial Cooperation Association a legitimate charity?
Global Industrial Cooperation Association (EIN: 161289460) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $501K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Global Industrial Cooperation Association spend its money?
Global Industrial Cooperation Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Global Industrial Cooperation Association tax-deductible?
Global Industrial Cooperation Association is registered as a tax-exempt nonprofit (EIN: 161289460). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Global Industrial Cooperation Association's spending goes to programs?
Global Industrial Cooperation Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Global Industrial Cooperation Association located?
Global Industrial Cooperation Association is headquartered in Beaverton, Oregon and files with the IRS under EIN 161289460.
How many years of IRS 990 filings does Global Industrial Cooperation Association have?
Global Industrial Cooperation Association 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 $501K in total revenue.
Is Global Industrial Cooperation Association financially stable?
Yes, the organization appears financially stable, with consistent positive net assets and low liabilities relative to assets. For example, in 2023, assets were $834,906 against liabilities of $70,292.
How does Global Industrial Cooperation Association manage executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-based leadership or that executive compensation is categorized differently.
What is the trend in Global Industrial Cooperation Association's revenue?
Revenue has been highly variable, ranging from $84,381 in 2020 to $895,334 in 2019, indicating a reliance on inconsistent funding sources.
Filing History
IRS 990 filing history for Global Industrial Cooperation Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Global Industrial Cooperation Association's revenue has declined by 12.4%, moving from $761K to $667K. Total assets increased by 43.3% over the same period, from $582K to $835K. Total functional expenses fell by 8.9%, from $712K to $649K. In its most recent filing year (2023), Global Industrial Cooperation Association reported a surplus of $18K, with revenue exceeding expenses. The organization holds $70K in liabilities against $835K in assets (debt-to-asset ratio: 8.4%), resulting in net assets of $765K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $667K | $649K | $835K | $70K | — | — |
| 2022 | $744K | $527K | $848K | $102K | — | View 990 |
| 2021 | $157K | $212K | $588K | $59K | — | View 990 |
| 2020 | $84K | $219K | $694K | $110K | — | — |
| 2019 | $895K | $848K | $823K | $104K | — | View 990 |
| 2018 | $838K | $779K | $691K | $19K | — | View 990 |
| 2017 | $565K | $609K | $618K | $5K | — | View 990 |
| 2016 | $708K | $595K | $759K | $102K | — | View 990 |
| 2015 | $574K | $638K | $591K | $47K | — | View 990 |
| 2014 | $562K | $538K | $630K | $23K | — | View 990 |
| 2013 | $480K | $497K | $668K | $84K | — | View 990 |
| 2012 | $576K | $469K | $632K | $31K | — | View 990 |
| 2011 | $761K | $712K | $582K | $89K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $667K, expenses of $649K, and assets of $835K (revenue -10.4% year-over-year).
- 2022: Revenue of $744K, expenses of $527K, and assets of $848K (revenue +373.8% year-over-year).
- 2021: Revenue of $157K, expenses of $212K, and assets of $588K (revenue +86.1% year-over-year).
- 2020: Revenue of $84K, expenses of $219K, and assets of $694K (revenue -90.6% year-over-year).
- 2019: Revenue of $895K, expenses of $848K, and assets of $823K (revenue +6.8% year-over-year).
- 2018: Revenue of $838K, expenses of $779K, and assets of $691K (revenue +48.3% year-over-year).
- 2017: Revenue of $565K, expenses of $609K, and assets of $618K (revenue -20.2% year-over-year).
- 2016: Revenue of $708K, expenses of $595K, and assets of $759K (revenue +23.2% year-over-year).
- 2015: Revenue of $574K, expenses of $638K, and assets of $591K (revenue +2.3% year-over-year).
- 2014: Revenue of $562K, expenses of $538K, and assets of $630K (revenue +17.0% year-over-year).
- 2013: Revenue of $480K, expenses of $497K, and assets of $668K (revenue -16.7% year-over-year).
- 2012: Revenue of $576K, expenses of $469K, and assets of $632K (revenue -24.3% year-over-year).
- 2011: Revenue of $761K, expenses of $712K, and assets of $582K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Industrial Cooperation Association:
Data Sources and Methodology
This transparency report for Global Industrial Cooperation Association 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.