Meat Import Council Of America Inc
Meat Import Council Of America Inc. faces recurring deficits despite revenue growth, with new significant liabilities in 2023.
EIN: 136174442 · Washington, DC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Program Spending | 70% |
| Net Assets | $288K |
| Transparency Score | 65/100 |
Is Meat Import Council Of America Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Meat Import Council Of America Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Meat Import Council Of America Inc
Meat Import Council Of America Inc (EIN: 136174442) is a nonprofit organization based in Washington, DC, classified under NTEE code S41. The organization reported total revenue of $1.3M and total assets of $522K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meat Import Council Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Meat Import Council Of America Inc is a mid-size nonprofit that has been operating for 61 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-116,566 |
| Total Assets | $678K |
| Total Liabilities | $390K |
| Net Assets | $288K |
| Operating Margin | -9.6% |
| Debt-to-Asset Ratio | 57.5% |
| Months of Reserves | 6.1 months |
Financial Health Grade: C
In 2023, Meat Import Council Of America Inc reported a deficit of $117K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 57.5% (high leverage).
Financial Trends
Over 14 years of filings (2011–2023), Meat Import Council Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.3% | +36.9% | +85.5% |
| 2022 | +37.7% | +25.4% | -18.1% |
| 2021 | +60.5% | +191.4% | -11.3% |
| 2020 | -49.5% | -66.8% | +41.7% |
| 2020 | -0.4% | -11.7% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1965 |
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 Meat Import Council Of America Inc with a Mission Score of 65 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: 70%
- fundraising: 10%
According to IRS 990 filings, Meat Import Council Of America Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $117K, with expenses exceeding revenue.
- Debt-to-asset ratio: 57.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through other means not reflected as direct officer compensation, which is a positive indicator for resource allocation.
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 Meat Import Council Of America Inc's IRS 990 filings:
- Recurring operating deficits (e.g., $116,566 in 2023, $54,869 in 2022) indicate unsustainable spending.
- Sudden emergence of significant liabilities ($390,181 in 2023) after years of reporting zero liabilities.
- Expenses frequently exceed revenue, suggesting potential financial instability.
Strengths
The following positive indicators were identified for Meat Import Council Of America Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial prudence in executive pay.
- Overall revenue has shown a general upward trend over the past few years, from $412,845 in 2020 to $1,208,117 in 2023.
- Assets have grown significantly, reaching $678,006 in 2023, though offset by new liabilities.
Frequently Asked Questions about Meat Import Council Of America Inc
Is Meat Import Council Of America Inc a legitimate charity?
Meat Import Council Of America Inc (EIN: 136174442) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.3M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Meat Import Council Of America Inc spend its money?
Meat Import Council Of America Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Meat Import Council Of America Inc tax-deductible?
Meat Import Council Of America Inc is registered as a tax-exempt nonprofit (EIN: 136174442). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Meat Import Council Of America Inc's spending goes to programs?
Meat Import Council Of America Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Meat Import Council Of America Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Meat Import Council Of America Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Meat Import Council Of America Inc located?
Meat Import Council Of America Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 136174442. It is classified under NTEE code S41.
How many years of IRS 990 filings does Meat Import Council Of America Inc have?
Meat Import Council Of America Inc has 14 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 $1.3M in total revenue.
What caused the significant increase in liabilities to $390,181 in 2023, given previous years reported $0?
The provided data does not specify the nature of these liabilities. This sudden change from zero liabilities in prior years to a substantial amount in 2023 warrants further investigation into the organization's detailed financial statements to understand its financial obligations.
How does the organization plan to address its recurring operating deficits, such as the $116,566 loss in 2023?
The consistent trend of expenses exceeding revenue in multiple periods (e.g., 2023, 2022, 2021) suggests a need for strategic financial planning to ensure long-term sustainability. The provided data does not detail specific plans.
What are the primary program activities and how are they funded, given the NTEE code S41?
As a Business & Commerce Organization, its 'programs' likely involve advocacy, industry support, or trade promotion. Without a detailed functional expense breakdown, it's difficult to ascertain the specific allocation of funds to these activities.
Filing History
IRS 990 filing history for Meat Import Council Of America Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Meat Import Council Of America Inc's revenue has grown by 70.2%, moving from $710K to $1.2M. Total assets increased by 208.4% over the same period, from $220K to $678K. Total functional expenses rose by 95.2%, from $679K to $1.3M. In its most recent filing year (2023), Meat Import Council Of America Inc reported a deficit of $117K, with expenses exceeding revenue. The organization holds $390K in liabilities against $678K in assets (debt-to-asset ratio: 57.5%), resulting in net assets of $288K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $678K | $390K | — | — |
| 2022 | $913K | $968K | $365K | $0 | — | View 990 |
| 2021 | $663K | $772K | $446K | $0 | — | View 990 |
| 2020 | $413K | $265K | $503K | $0 | — | View 990 |
| 2020 | $818K | $799K | $355K | $0 | — | View 990 |
| 2019 | $821K | $905K | $335K | $0 | — | View 990 |
| 2018 | $696K | $663K | $438K | $0 | — | View 990 |
| 2017 | $770K | $723K | $370K | $0 | — | View 990 |
| 2016 | $783K | $755K | $297K | $0 | — | View 990 |
| 2015 | $706K | $687K | $261K | $0 | — | View 990 |
| 2014 | $601K | $613K | $265K | $0 | — | View 990 |
| 2013 | $766K | $762K | $253K | $0 | — | View 990 |
| 2012 | $824K | $823K | $231K | $0 | — | View 990 |
| 2011 | $710K | $679K | $220K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $678K (revenue +32.3% year-over-year).
- 2022: Revenue of $913K, expenses of $968K, and assets of $365K (revenue +37.7% year-over-year).
- 2021: Revenue of $663K, expenses of $772K, and assets of $446K (revenue +60.5% year-over-year).
- 2020: Revenue of $413K, expenses of $265K, and assets of $503K (revenue -49.5% year-over-year).
- 2020: Revenue of $818K, expenses of $799K, and assets of $355K (revenue -0.4% year-over-year).
- 2019: Revenue of $821K, expenses of $905K, and assets of $335K (revenue +17.9% year-over-year).
- 2018: Revenue of $696K, expenses of $663K, and assets of $438K (revenue -9.6% year-over-year).
- 2017: Revenue of $770K, expenses of $723K, and assets of $370K (revenue -1.6% year-over-year).
- 2016: Revenue of $783K, expenses of $755K, and assets of $297K (revenue +10.9% year-over-year).
- 2015: Revenue of $706K, expenses of $687K, and assets of $261K (revenue +17.4% year-over-year).
- 2014: Revenue of $601K, expenses of $613K, and assets of $265K (revenue -21.5% year-over-year).
- 2013: Revenue of $766K, expenses of $762K, and assets of $253K (revenue -7.0% year-over-year).
- 2012: Revenue of $824K, expenses of $823K, and assets of $231K (revenue +16.1% year-over-year).
- 2011: Revenue of $710K, expenses of $679K, and assets of $220K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Meat Import Council Of America Inc:
Data Sources and Methodology
This transparency report for Meat Import Council Of America 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.