Memphis Plumbers Joint Apprenticeship Committee
EIN: 620586821 · Memphis, TN · NTEE: B30
| Metric | Value |
|---|---|
| Total Revenue | $559K |
| Total Expenses | $409K |
| Net Assets | $672K |
Is Memphis Plumbers Joint Apprenticeship Committee Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Memphis Plumbers Joint Apprenticeship Committee
Memphis Plumbers Joint Apprenticeship Committee (EIN: 620586821) is a nonprofit organization based in Memphis, TN, classified under NTEE code B30. The organization reported total revenue of $559K and total assets of $714K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Memphis Plumbers Joint Apprenticeship Committee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Memphis Plumbers Joint Apprenticeship Committee is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $499K |
| Total Expenses | $409K |
| Surplus / Deficit | +$90K |
| Total Assets | $679K |
| Total Liabilities | $6K |
| Net Assets | $672K |
| Operating Margin | 18.0% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 19.9 months |
Financial Health Grade: A
In 2023, Memphis Plumbers Joint Apprenticeship Committee reported a surplus of $90K with revenue exceeding expenses, holds 19.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Memphis Plumbers Joint Apprenticeship Committee's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.0% | -6.9% | +14.0% |
| 2022 | +13.7% | +34.0% | +3.4% |
| 2021 | -18.8% | -5.1% | +13.9% |
| 2020 | +463.9% | +225.3% | +80.2% |
| 2019 | -75.4% | -61.9% | -6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Memphis Plumbers Joint Apprenticeship Committee 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 Memphis Plumbers Joint Apprenticeship Committee 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 $90K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Memphis Plumbers Joint Apprenticeship Committee
Is Memphis Plumbers Joint Apprenticeship Committee a legitimate charity?
Based on AI analysis of IRS 990 filings, Memphis Plumbers Joint Apprenticeship Committee (EIN: 620586821) insufficient data. 0 red flags identified, 0 strengths noted.
How does Memphis Plumbers Joint Apprenticeship Committee spend its money?
Detailed spending breakdown data is not yet available for Memphis Plumbers Joint Apprenticeship Committee. Check back for updated IRS 990 analysis.
Are donations to Memphis Plumbers Joint Apprenticeship Committee tax-deductible?
Memphis Plumbers Joint Apprenticeship Committee is registered as a tax-exempt nonprofit (EIN: 620586821). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Memphis Plumbers Joint Apprenticeship Committee located?
Memphis Plumbers Joint Apprenticeship Committee is headquartered in Memphis, Tennessee and files with the IRS under EIN 620586821. It is classified under NTEE code B30.
How many years of IRS 990 filings does Memphis Plumbers Joint Apprenticeship Committee have?
Memphis Plumbers Joint Apprenticeship Committee 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 $559K in total revenue.
Filing History
IRS 990 filing history for Memphis Plumbers Joint Apprenticeship Committee showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Memphis Plumbers Joint Apprenticeship Committee's revenue has grown by 120.8%, moving from $226K to $499K. Total assets increased by 292.5% over the same period, from $173K to $679K. Total functional expenses rose by 70.8%, from $239K to $409K. In its most recent filing year (2023), Memphis Plumbers Joint Apprenticeship Committee reported a surplus of $90K, with revenue exceeding expenses. The organization holds $6K in liabilities against $679K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $672K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $499K | $409K | $679K | $6K | — | View 990 |
| 2022 | $454K | $439K | $595K | $13K | — | View 990 |
| 2021 | $399K | $328K | $575K | $17K | — | View 990 |
| 2020 | $491K | $345K | $505K | $18K | — | View 990 |
| 2019 | $87K | $106K | $280K | $7K | — | View 990 |
| 2018 | $354K | $279K | $300K | $8K | — | View 990 |
| 2017 | $334K | $319K | $224K | $7K | — | — |
| 2016 | $349K | $269K | $209K | $6K | — | View 990 |
| 2015 | $235K | $249K | $129K | $7K | — | View 990 |
| 2014 | $224K | $245K | $143K | $7K | — | View 990 |
| 2013 | $258K | $243K | $163K | $7K | — | View 990 |
| 2012 | $182K | $208K | $147K | $6K | — | View 990 |
| 2011 | $226K | $239K | $173K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $499K, expenses of $409K, and assets of $679K (revenue +10.0% year-over-year).
- 2022: Revenue of $454K, expenses of $439K, and assets of $595K (revenue +13.7% year-over-year).
- 2021: Revenue of $399K, expenses of $328K, and assets of $575K (revenue -18.8% year-over-year).
- 2020: Revenue of $491K, expenses of $345K, and assets of $505K (revenue +463.9% year-over-year).
- 2019: Revenue of $87K, expenses of $106K, and assets of $280K (revenue -75.4% year-over-year).
- 2018: Revenue of $354K, expenses of $279K, and assets of $300K (revenue +6.0% year-over-year).
- 2017: Revenue of $334K, expenses of $319K, and assets of $224K (revenue -4.4% year-over-year).
- 2016: Revenue of $349K, expenses of $269K, and assets of $209K (revenue +48.7% year-over-year).
- 2015: Revenue of $235K, expenses of $249K, and assets of $129K (revenue +4.7% year-over-year).
- 2014: Revenue of $224K, expenses of $245K, and assets of $143K (revenue -13.0% year-over-year).
- 2013: Revenue of $258K, expenses of $243K, and assets of $163K (revenue +41.8% year-over-year).
- 2012: Revenue of $182K, expenses of $208K, and assets of $147K (revenue -19.5% year-over-year).
- 2011: Revenue of $226K, expenses of $239K, and assets of $173K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Memphis Plumbers Joint Apprenticeship Committee:
Data Sources and Methodology
This transparency report for Memphis Plumbers Joint Apprenticeship Committee 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.