Merchants Industry Fund
EIN: 237219510 · Scottsdale, AZ
| Metric | Value |
|---|---|
| Total Revenue | $10.2M |
| Total Expenses | $10.5M |
| Net Assets | $492K |
Is Merchants Industry Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Merchants Industry Fund
Merchants Industry Fund (EIN: 237219510) is a nonprofit organization based in Scottsdale, AZ. The organization reported total revenue of $10.2M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Merchants Industry Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Merchants Industry Fund is a large nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -2.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.3M |
| Total Expenses | $10.5M |
| Surplus / Deficit | $-139,360 |
| Total Assets | $1.0M |
| Total Liabilities | $548K |
| Net Assets | $492K |
| Operating Margin | -1.4% |
| Debt-to-Asset Ratio | 52.7% |
| Months of Reserves | 1.2 months |
Financial Health Grade: D
In 2024, Merchants Industry Fund reported a deficit of $139K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 52.7% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Merchants Industry Fund's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -11.6% | -11.2% | -22.0% |
| 2023 | -7.3% | -4.8% | -33.9% |
| 2022 | -14.8% | -11.5% | +6.0% |
| 2021 | +1.7% | -7.1% | +270.3% |
| 2020 | -13.0% | -8.9% | -48.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Merchants Industry Fund 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 Merchants Industry Fund 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $139K, with expenses exceeding revenue.
- Debt-to-asset ratio: 52.7%.
Frequently Asked Questions about Merchants Industry Fund
Is Merchants Industry Fund a legitimate charity?
Merchants Industry Fund (EIN: 237219510) is a registered tax-exempt nonprofit based in Arizona. It has 13 years of IRS 990 filings on record. Total revenue: $10.2M. No red flags identified. Financial health grade: D.
How does Merchants Industry Fund spend its money?
Merchants Industry Fund reported $10.2M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Merchants Industry Fund tax-deductible?
Merchants Industry Fund is registered as a tax-exempt nonprofit (EIN: 237219510). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Merchants Industry Fund located?
Merchants Industry Fund is headquartered in Scottsdale, Arizona and files with the IRS under EIN 237219510.
How many years of IRS 990 filings does Merchants Industry Fund have?
Merchants Industry 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 $10.2M in total revenue.
Filing History
IRS 990 filing history for Merchants Industry Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Merchants Industry Fund's revenue has declined by 26.2%, moving from $14.0M to $10.3M. Total assets decreased by 21.1% over the same period, from $1.3M to $1.0M. Total functional expenses fell by 15.2%, from $12.3M to $10.5M. In its most recent filing year (2024), Merchants Industry Fund reported a deficit of $139K, with expenses exceeding revenue. The organization holds $548K in liabilities against $1.0M in assets (debt-to-asset ratio: 52.7%), resulting in net assets of $492K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $10.3M | $10.5M | $1.0M | $548K | — | View 990 |
| 2023 | $11.7M | $11.8M | $1.3M | $702K | — | — |
| 2022 | $12.6M | $12.4M | $2.0M | $0 | — | View 990 |
| 2021 | $14.8M | $14.0M | $1.9M | $142K | — | — |
| 2020 | $14.5M | $15.1M | $514K | $34K | — | View 990 |
| 2019 | $16.7M | $16.5M | $1.0M | $0 | — | View 990 |
| 2018 | $12.1M | $12.8M | $821K | $0 | — | View 990 |
| 2017 | $12.2M | $11.6M | $3.4M | $0 | — | View 990 |
| 2016 | $14.5M | $14.1M | $2.8M | $0 | — | View 990 |
| 2015 | $14.7M | $13.9M | $2.4M | $0 | — | View 990 |
| 2014 | $16.7M | $16.0M | $1.6M | $2K | — | View 990 |
| 2013 | $17.9M | $16.8M | $1.5M | $430K | — | View 990 |
| 2012 | $14.0M | $12.3M | $1.3M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $10.3M, expenses of $10.5M, and assets of $1.0M (revenue -11.6% year-over-year).
- 2023: Revenue of $11.7M, expenses of $11.8M, and assets of $1.3M (revenue -7.3% year-over-year).
- 2022: Revenue of $12.6M, expenses of $12.4M, and assets of $2.0M (revenue -14.8% year-over-year).
- 2021: Revenue of $14.8M, expenses of $14.0M, and assets of $1.9M (revenue +1.7% year-over-year).
- 2020: Revenue of $14.5M, expenses of $15.1M, and assets of $514K (revenue -13.0% year-over-year).
- 2019: Revenue of $16.7M, expenses of $16.5M, and assets of $1.0M (revenue +37.6% year-over-year).
- 2018: Revenue of $12.1M, expenses of $12.8M, and assets of $821K (revenue -0.2% year-over-year).
- 2017: Revenue of $12.2M, expenses of $11.6M, and assets of $3.4M (revenue -15.9% year-over-year).
- 2016: Revenue of $14.5M, expenses of $14.1M, and assets of $2.8M (revenue -1.4% year-over-year).
- 2015: Revenue of $14.7M, expenses of $13.9M, and assets of $2.4M (revenue -11.9% year-over-year).
- 2014: Revenue of $16.7M, expenses of $16.0M, and assets of $1.6M (revenue -6.9% year-over-year).
- 2013: Revenue of $17.9M, expenses of $16.8M, and assets of $1.5M (revenue +28.0% year-over-year).
- 2012: Revenue of $14.0M, expenses of $12.3M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Merchants Industry Fund:
Data Sources and Methodology
This transparency report for Merchants Industry 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.