Manufactoring Alliance Service Corporation Inc
EIN: 61370390 · Waterbury, CT
| Metric | Value |
|---|---|
| Total Revenue | $695K |
| Total Expenses | $497K |
| Net Assets | $398K |
Is Manufactoring Alliance Service Corporation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Manufactoring Alliance Service Corporation Inc
Manufactoring Alliance Service Corporation Inc (EIN: 61370390) is a nonprofit organization based in Waterbury, CT. The organization reported total revenue of $695K and total assets of $559K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manufactoring Alliance Service Corporation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Manufactoring Alliance Service Corporation Inc is a small nonprofit that has been operating for 32 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $507K |
| Total Expenses | $497K |
| Surplus / Deficit | +$11K |
| Total Assets | $400K |
| Total Liabilities | $2K |
| Net Assets | $398K |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2023, Manufactoring Alliance Service Corporation Inc reported a surplus of $11K with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Manufactoring Alliance Service Corporation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.2% | -5.0% | +2.7% |
| 2022 | +14.3% | +69.5% | +0.6% |
| 2021 | +72.3% | +42.7% | +62.7% |
| 2020 | +17.8% | +22.8% | +26.3% |
| 2019 | +22.2% | +22.9% | +35.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Manufactoring Alliance Service Corporation Inc 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 Manufactoring Alliance Service Corporation Inc 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 $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Manufactoring Alliance Service Corporation Inc
Is Manufactoring Alliance Service Corporation Inc a legitimate charity?
Manufactoring Alliance Service Corporation Inc (EIN: 61370390) is a registered tax-exempt nonprofit based in Connecticut. It has 12 years of IRS 990 filings on record. Total revenue: $695K. No red flags identified. Financial health grade: A.
How does Manufactoring Alliance Service Corporation Inc spend its money?
Manufactoring Alliance Service Corporation Inc reported $695K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Manufactoring Alliance Service Corporation Inc tax-deductible?
Manufactoring Alliance Service Corporation Inc is registered as a tax-exempt nonprofit (EIN: 61370390). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Manufactoring Alliance Service Corporation Inc located?
Manufactoring Alliance Service Corporation Inc is headquartered in Waterbury, Connecticut and files with the IRS under EIN 61370390.
How many years of IRS 990 filings does Manufactoring Alliance Service Corporation Inc have?
Manufactoring Alliance Service Corporation Inc has 12 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 $695K in total revenue.
Filing History
IRS 990 filing history for Manufactoring Alliance Service Corporation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Manufactoring Alliance Service Corporation Inc's revenue has grown by 279.1%, moving from $134K to $507K. Total assets decreased by 63.8% over the same period, from $1.1M to $400K. Total functional expenses rose by 194.9%, from $168K to $497K. In its most recent filing year (2023), Manufactoring Alliance Service Corporation Inc reported a surplus of $11K, with revenue exceeding expenses. The organization holds $2K in liabilities against $400K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $398K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $507K | $497K | $400K | $2K | — | — |
| 2022 | $524K | $523K | $389K | $2K | — | View 990 |
| 2021 | $458K | $308K | $387K | $149 | — | View 990 |
| 2020 | $266K | $216K | $238K | $984 | — | — |
| 2019 | $226K | $176K | $188K | $2K | — | View 990 |
| 2018 | $185K | $143K | $139K | $2K | — | View 990 |
| 2016 | $113K | $155K | $77K | $27K | — | View 990 |
| 2015 | $150K | $169K | $976K | $1.2M | — | View 990 |
| 2014 | $151K | $165K | $1.0M | $1.2M | — | View 990 |
| 2013 | $119K | $144K | $1.0M | $1.2M | — | View 990 |
| 2012 | $139K | $153K | $1.1M | $1.2M | — | View 990 |
| 2011 | $134K | $168K | $1.1M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $507K, expenses of $497K, and assets of $400K (revenue -3.2% year-over-year).
- 2022: Revenue of $524K, expenses of $523K, and assets of $389K (revenue +14.3% year-over-year).
- 2021: Revenue of $458K, expenses of $308K, and assets of $387K (revenue +72.3% year-over-year).
- 2020: Revenue of $266K, expenses of $216K, and assets of $238K (revenue +17.8% year-over-year).
- 2019: Revenue of $226K, expenses of $176K, and assets of $188K (revenue +22.2% year-over-year).
- 2018: Revenue of $185K, expenses of $143K, and assets of $139K (revenue +63.5% year-over-year).
- 2016: Revenue of $113K, expenses of $155K, and assets of $77K (revenue -24.5% year-over-year).
- 2015: Revenue of $150K, expenses of $169K, and assets of $976K (revenue -0.5% year-over-year).
- 2014: Revenue of $151K, expenses of $165K, and assets of $1.0M (revenue +26.1% year-over-year).
- 2013: Revenue of $119K, expenses of $144K, and assets of $1.0M (revenue -14.1% year-over-year).
- 2012: Revenue of $139K, expenses of $153K, and assets of $1.1M (revenue +3.9% year-over-year).
- 2011: Revenue of $134K, expenses of $168K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Manufactoring Alliance Service Corporation Inc:
Data Sources and Methodology
This transparency report for Manufactoring Alliance Service Corporation 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.