International Association Of Sheet Metal Air Rail & Transportation

Is International Association Of Sheet Metal Air Rail & Transportation Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

International Association Of Sheet Metal Air Rail & Transportation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.

About International Association Of Sheet Metal Air Rail & Transportation

International Association Of Sheet Metal Air Rail & Transportation (EIN: 221976682) is a nonprofit organization based in Kenilworth, NJ, classified under NTEE code J40. The organization reported total revenue of $4.1M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Association Of Sheet Metal Air Rail & Transportation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

International Association Of Sheet Metal Air Rail & Transportation is a mid-size nonprofit that has been operating for 11 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, International Association Of Sheet Metal Air Rail & Transportation reported a surplus of $380K with revenue exceeding expenses, holds 79.7 months of operating reserves (strong position), has a debt-to-asset ratio of 6.4% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), International Association Of Sheet Metal Air Rail & Transportation's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.

IRS Tax-Exempt Classification

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 International Association Of Sheet Metal Air Rail & Transportation with a Mission Score of 75 out of 100 (Good). 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: 60%
• fundraising: 20%

According to IRS 990 filings, International Association Of Sheet Metal Air Rail & Transportation allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% 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 $380K, with revenue exceeding expenses.
• Debt-to-asset ratio: 6.4%.

Executive Compensation Analysis

Executive compensation cannot be assessed from the provided summary data, as specific figures are not included.

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 International Association Of Sheet Metal Air Rail & Transportation's IRS 990 filings:

• Liabilities consistently exceed assets: In 2023, liabilities were $1,752,710 while assets were $2,719,466, but in prior years, liabilities were higher than assets (e.g., 2022: liabilities $2,306,060 vs. assets $2,319,176; 2021: liabilities $2,789,440 vs. assets $2,077,727).
• Negative net assets for several years: The organization has reported negative net assets for multiple years, indicating a structural financial challenge.

Strengths

The following positive indicators were identified for International Association Of Sheet Metal Air Rail & Transportation:

• Consistent revenue generation: The organization has consistently generated revenue, with $789,413 in 2023.
• Growth in assets: Total assets have shown a consistent upward trend over the years, from $1,021,423 in 2016 to $2,719,466 in 2023.

Frequently Asked Questions about International Association Of Sheet Metal Air Rail & Transportation

Filing History

IRS 990 filing history for International Association Of Sheet Metal Air Rail & Transportation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), International Association Of Sheet Metal Air Rail & Transportation's revenue has grown by 241.7%, moving from $231K to $789K. Total assets increased by 329.8% over the same period, from $633K to $2.7M. Total functional expenses rose by 51.6%, from $270K to $409K. In its most recent filing year (2023), International Association Of Sheet Metal Air Rail & Transportation reported a surplus of $380K, with revenue exceeding expenses. The organization holds $175K in liabilities against $2.7M in assets (debt-to-asset ratio: 6.4%), resulting in net assets of $2.5M.

Year-by-Year Financial Summary

• 2023: Revenue of $789K, expenses of $409K, and assets of $2.7M (revenue +10.8% year-over-year).
• 2022: Revenue of $713K, expenses of $439K, and assets of $2.3M (revenue +4.6% year-over-year).
• 2021: Revenue of $682K, expenses of $412K, and assets of $2.1M (revenue -10.2% year-over-year).
• 2020: Revenue of $759K, expenses of $361K, and assets of $1.8M (revenue +31.9% year-over-year).
• 2019: Revenue of $576K, expenses of $421K, and assets of $1.4M (revenue +4.2% year-over-year).
• 2018: Revenue of $553K, expenses of $375K, and assets of $1.3M (revenue +18.5% year-over-year).
• 2017: Revenue of $466K, expenses of $362K, and assets of $1.1M (revenue +36.5% year-over-year).
• 2016: Revenue of $342K, expenses of $295K, and assets of $1.0M (revenue +3.1% year-over-year).
• 2015: Revenue of $331K, expenses of $356K, and assets of $483K (revenue +48.8% year-over-year).
• 2014: Revenue of $223K, expenses of $235K, and assets of $505K (revenue -1.1% year-over-year).
• 2013: Revenue of $225K, expenses of $283K, and assets of $499K (revenue +13.6% year-over-year).
• 2012: Revenue of $198K, expenses of $274K, and assets of $557K (revenue -14.2% year-over-year).
• 2011: Revenue of $231K, expenses of $270K, and assets of $633K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for International Association Of Sheet Metal Air Rail & Transportation:

Data Sources and Methodology

This transparency report for International Association Of Sheet Metal Air Rail & Transportation 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.