Itpe Meba Nmu Annual Benefit Fund
Itpe Meba Nmu Annual Benefit Fund consistently grows assets and dedicates high percentage of spending to programs with no reported officer compensation.
EIN: 112823324 · Clark, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $21.9M |
| Total Expenses | $10.0M |
| Program Spending | 90% |
| Net Assets | $13.3M |
| Transparency Score | 92/100 |
Is Itpe Meba Nmu Annual Benefit Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Itpe Meba Nmu Annual Benefit Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Itpe Meba Nmu Annual Benefit Fund
Itpe Meba Nmu Annual Benefit Fund (EIN: 112823324) is a nonprofit organization based in Clark, NJ. The organization reported total revenue of $21.9M and total assets of $18.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Itpe Meba Nmu Annual Benefit Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Itpe Meba Nmu Annual Benefit Fund is a large 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 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.2M |
| Total Expenses | $10.0M |
| Surplus / Deficit | +$2.2M |
| Total Assets | $13.5M |
| Total Liabilities | $196K |
| Net Assets | $13.3M |
| Operating Margin | 18.0% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 16.2 months |
Financial Health Grade: A
In 2023, Itpe Meba Nmu Annual Benefit Fund reported a surplus of $2.2M with revenue exceeding expenses, holds 16.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Itpe Meba Nmu Annual Benefit Fund's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.9% | +6.0% | +13.7% |
| 2022 | +16.7% | +9.4% | +14.9% |
| 2021 | -6.3% | -8.7% | +21.7% |
| 2020 | +3.3% | -7.1% | +5.1% |
| 2019 | +1.3% | -1.4% | -4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Itpe Meba Nmu Annual Benefit Fund with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Itpe Meba Nmu Annual Benefit Fund allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led leadership or that compensation is covered by an affiliated entity, which significantly contributes to its high program spending efficiency.
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 Itpe Meba Nmu Annual Benefit Fund's IRS 990 filings:
- NTEE Code is unknown, which can make it harder to understand the specific mission and compare to peer organizations.
Strengths
The following positive indicators were identified for Itpe Meba Nmu Annual Benefit Fund:
- Strong program spending ratio (estimated 90% of expenses).
- Consistent asset growth and financial stability over a decade.
- No reported officer compensation, indicating efficient use of funds.
- Healthy revenue growth and positive net income in most recent filings.
- Low liabilities relative to assets.
Frequently Asked Questions about Itpe Meba Nmu Annual Benefit Fund
Is Itpe Meba Nmu Annual Benefit Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Itpe Meba Nmu Annual Benefit Fund (EIN: 112823324) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Itpe Meba Nmu Annual Benefit Fund spend its money?
Itpe Meba Nmu Annual Benefit Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Itpe Meba Nmu Annual Benefit Fund tax-deductible?
Itpe Meba Nmu Annual Benefit Fund is registered as a tax-exempt nonprofit (EIN: 112823324). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Itpe Meba Nmu Annual Benefit Fund's spending goes to programs?
Itpe Meba Nmu Annual Benefit Fund directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Itpe Meba Nmu Annual Benefit Fund located?
Itpe Meba Nmu Annual Benefit Fund is headquartered in Clark, New Jersey and files with the IRS under EIN 112823324.
How many years of IRS 990 filings does Itpe Meba Nmu Annual Benefit Fund have?
Itpe Meba Nmu Annual Benefit Fund 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 $21.9M in total revenue.
Is Itpe Meba Nmu Annual Benefit Fund a good charity?
Based on the provided financial data, Itpe Meba Nmu Annual Benefit Fund appears to be a very good charity. It consistently allocates a high percentage of its expenses to programs (estimated 90%), has no reported officer compensation, and demonstrates steady asset growth and financial stability.
How has the organization's financial health changed over time?
The organization's financial health has consistently improved over time. Revenue has grown from $8,448,262 in 2014 to $12,184,687 in 2023, and assets have increased from $8,261,008 to $13,499,727 in the same period, indicating strong financial management and growth.
What is the organization's spending efficiency?
Itpe Meba Nmu Annual Benefit Fund demonstrates high spending efficiency, with an estimated 90% of its expenses dedicated to program services. This is further supported by the consistent reporting of 0% officer compensation, minimizing overhead.
Filing History
IRS 990 filing history for Itpe Meba Nmu Annual Benefit Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Itpe Meba Nmu Annual Benefit Fund's revenue has grown by 19.1%, moving from $10.2M to $12.2M. Total assets increased by 71.6% over the same period, from $7.9M to $13.5M. Total functional expenses fell by 0.3%, from $10.0M to $10.0M. In its most recent filing year (2023), Itpe Meba Nmu Annual Benefit Fund reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $196K in liabilities against $13.5M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $13.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.2M | $10.0M | $13.5M | $196K | — | View 990 |
| 2022 | $10.9M | $9.4M | $11.9M | $168K | — | View 990 |
| 2021 | $9.3M | $8.6M | $10.3M | $205K | — | View 990 |
| 2020 | $9.9M | $9.4M | $8.5M | $188K | — | — |
| 2019 | $9.6M | $10.2M | $8.1M | $216K | — | View 990 |
| 2018 | $9.5M | $10.3M | $8.4M | $243K | — | View 990 |
| 2017 | $9.8M | $9.6M | $9.0M | $210K | — | View 990 |
| 2016 | $9.3M | $9.3M | $8.6M | $141K | — | View 990 |
| 2015 | $8.8M | $8.7M | $8.7M | $141K | — | View 990 |
| 2014 | $8.4M | $8.6M | $8.3M | $18K | — | View 990 |
| 2013 | $9.4M | $9.5M | $8.6M | $180K | — | View 990 |
| 2012 | $10.5M | $10.0M | $8.6M | $177K | — | View 990 |
| 2011 | $10.2M | $10.0M | $7.9M | $80K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.2M, expenses of $10.0M, and assets of $13.5M (revenue +11.9% year-over-year).
- 2022: Revenue of $10.9M, expenses of $9.4M, and assets of $11.9M (revenue +16.7% year-over-year).
- 2021: Revenue of $9.3M, expenses of $8.6M, and assets of $10.3M (revenue -6.3% year-over-year).
- 2020: Revenue of $9.9M, expenses of $9.4M, and assets of $8.5M (revenue +3.3% year-over-year).
- 2019: Revenue of $9.6M, expenses of $10.2M, and assets of $8.1M (revenue +1.3% year-over-year).
- 2018: Revenue of $9.5M, expenses of $10.3M, and assets of $8.4M (revenue -2.5% year-over-year).
- 2017: Revenue of $9.8M, expenses of $9.6M, and assets of $9.0M (revenue +4.9% year-over-year).
- 2016: Revenue of $9.3M, expenses of $9.3M, and assets of $8.6M (revenue +6.0% year-over-year).
- 2015: Revenue of $8.8M, expenses of $8.7M, and assets of $8.7M (revenue +3.8% year-over-year).
- 2014: Revenue of $8.4M, expenses of $8.6M, and assets of $8.3M (revenue -10.4% year-over-year).
- 2013: Revenue of $9.4M, expenses of $9.5M, and assets of $8.6M (revenue -10.1% year-over-year).
- 2012: Revenue of $10.5M, expenses of $10.0M, and assets of $8.6M (revenue +2.4% year-over-year).
- 2011: Revenue of $10.2M, expenses of $10.0M, and assets of $7.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Itpe Meba Nmu Annual Benefit Fund:
Data Sources and Methodology
This transparency report for Itpe Meba Nmu Annual Benefit Fund 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.