Independent Bakers Association Inc
Independent Bakers Association Inc. maintains stable, lean operations with zero liabilities and no officer compensation.
EIN: 136271761 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $82K |
| Total Expenses | $78K |
| Program Spending | 80% |
| Net Assets | $31K |
| Transparency Score | 85/100 |
Is Independent Bakers Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Independent Bakers Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Independent Bakers Association Inc
Independent Bakers Association Inc (EIN: 136271761) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $82K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Independent Bakers Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Independent Bakers Association Inc is a micro nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $79K |
| Total Expenses | $78K |
| Surplus / Deficit | +$459 |
| Total Assets | $31K |
| Net Assets | $31K |
| Operating Margin | 0.6% |
| Months of Reserves | 4.8 months |
Financial Health Grade: A
In 2023, Independent Bakers Association Inc reported a surplus of $459 with revenue exceeding expenses, holds 4.8 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Independent Bakers Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.8% | -15.9% | +3.6% |
| 2022 | -18.5% | -19.5% | +0.4% |
| 2021 | +7.7% | +8.8% | -2.9% |
| 2020 | -5.2% | -2.2% | +1.1% |
| 2019 | +15.3% | +7.8% | +32.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1968 |
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 Independent Bakers 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Independent Bakers Association 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $459, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid, compensated through other means not reported as officer compensation, or the organization is primarily volunteer-run at the executive level. This is a significant positive for a small organization, demonstrating a commitment to minimizing overhead.
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 Independent Bakers Association Inc:
- Zero reported liabilities across all filings, indicating strong financial health.
- 0% officer compensation, demonstrating a commitment to minimizing administrative costs.
- Consistent financial reporting over 13 periods, enhancing transparency.
- Expenses closely track revenues, suggesting efficient budget management.
- Stable asset base for a small organization.
Frequently Asked Questions about Independent Bakers Association Inc
Is Independent Bakers Association Inc a legitimate charity?
Independent Bakers Association Inc (EIN: 136271761) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $82K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Independent Bakers Association Inc spend its money?
Independent Bakers Association Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Independent Bakers Association Inc tax-deductible?
Independent Bakers Association Inc is registered as a tax-exempt nonprofit (EIN: 136271761). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Independent Bakers Association Inc's spending goes to programs?
Independent Bakers Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Independent Bakers Association Inc located?
Independent Bakers Association Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 136271761.
How many years of IRS 990 filings does Independent Bakers Association Inc have?
Independent Bakers 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 $82K in total revenue.
How does Independent Bakers Association Inc. manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that any compensation is structured in a way that it is not reported under this specific category on the IRS 990, which is less likely for a small organization. This practice significantly reduces administrative overhead.
What are the primary programs or services offered by Independent Bakers Association Inc. given its small budget?
While the filings don't detail specific programs, given its name and small budget, it likely focuses on advocacy, networking, and information sharing for independent bakers. The tight expense-to-revenue ratio suggests that most funds are directly applied to operational activities supporting its mission.
Is the Independent Bakers Association Inc. financially sustainable given its fluctuating revenue?
The organization has shown consistent revenue generation, albeit with some fluctuations (e.g., $148,240 in 2014 down to $78,945 in 2023). However, its expenses consistently track revenues, and it maintains zero liabilities and a stable asset base (around $30,000-$40,000), indicating a sustainable, albeit lean, operational model.
Filing History
IRS 990 filing history for Independent Bakers Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Independent Bakers Association Inc's revenue has declined by 24.5%, moving from $105K to $79K. Total assets decreased by 47.7% over the same period, from $60K to $31K. Total functional expenses fell by 25.8%, from $106K to $78K. In its most recent filing year (2023), Independent Bakers Association Inc reported a surplus of $459, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $79K | $78K | $31K | $0 | — | View 990 |
| 2022 | $94K | $93K | $30K | $0 | — | — |
| 2021 | $115K | $116K | $30K | $0 | — | — |
| 2020 | $107K | $107K | $31K | $0 | — | — |
| 2019 | $113K | $109K | $31K | $0 | — | View 990 |
| 2018 | $98K | $101K | $23K | $0 | — | View 990 |
| 2017 | $120K | $120K | $40K | $0 | — | View 990 |
| 2016 | $125K | $124K | $41K | $0 | — | View 990 |
| 2015 | $123K | $122K | $41K | $0 | — | View 990 |
| 2014 | $148K | $148K | $40K | $0 | — | View 990 |
| 2013 | $132K | $138K | $60K | $0 | — | View 990 |
| 2012 | $126K | $124K | $60K | $0 | — | View 990 |
| 2011 | $105K | $106K | $60K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $79K, expenses of $78K, and assets of $31K (revenue -15.8% year-over-year).
- 2022: Revenue of $94K, expenses of $93K, and assets of $30K (revenue -18.5% year-over-year).
- 2021: Revenue of $115K, expenses of $116K, and assets of $30K (revenue +7.7% year-over-year).
- 2020: Revenue of $107K, expenses of $107K, and assets of $31K (revenue -5.2% year-over-year).
- 2019: Revenue of $113K, expenses of $109K, and assets of $31K (revenue +15.3% year-over-year).
- 2018: Revenue of $98K, expenses of $101K, and assets of $23K (revenue -18.4% year-over-year).
- 2017: Revenue of $120K, expenses of $120K, and assets of $40K (revenue -4.2% year-over-year).
- 2016: Revenue of $125K, expenses of $124K, and assets of $41K (revenue +1.2% year-over-year).
- 2015: Revenue of $123K, expenses of $122K, and assets of $41K (revenue -16.8% year-over-year).
- 2014: Revenue of $148K, expenses of $148K, and assets of $40K (revenue +12.5% year-over-year).
- 2013: Revenue of $132K, expenses of $138K, and assets of $60K (revenue +4.5% year-over-year).
- 2012: Revenue of $126K, expenses of $124K, and assets of $60K (revenue +20.6% year-over-year).
- 2011: Revenue of $105K, expenses of $106K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Independent Bakers Association Inc:
Data Sources and Methodology
This transparency report for Independent Bakers 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.