Michigan Aerospace Manufacturersassociation
EIN: 260254883 · Sterling Heights, MI · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $401K |
| Total Expenses | $611K |
| Net Assets | $-408,330 |
Is Michigan Aerospace Manufacturersassociation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Michigan Aerospace Manufacturersassociation
Michigan Aerospace Manufacturersassociation (EIN: 260254883) is a nonprofit organization based in Sterling Heights, MI, classified under NTEE code S41. The organization reported total revenue of $401K and total assets of $115K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michigan Aerospace Manufacturersassociation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michigan Aerospace Manufacturersassociation is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $401K |
| Total Expenses | $611K |
| Surplus / Deficit | $-210,187 |
| Total Assets | $115K |
| Total Liabilities | $523K |
| Net Assets | $-408,330 |
| Operating Margin | -52.5% |
| Debt-to-Asset Ratio | 455.1% |
| Months of Reserves | 2.3 months |
Financial Health Grade: D
In 2022, Michigan Aerospace Manufacturersassociation reported a deficit of $210K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 455.1% (high leverage).
Financial Trends
Over 5 years of filings (2011–2022), Michigan Aerospace Manufacturersassociation's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -14.4% | -43.2% | -57.4% |
| 2021 | -63.1% | +12.4% | -70.7% |
| 2020 | -16.9% | +15.7% | +42.5% |
| 2019 | +327.3% | +209.5% | +274.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Michigan Aerospace Manufacturersassociation 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 Michigan Aerospace Manufacturersassociation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $210K, with expenses exceeding revenue.
- Debt-to-asset ratio: 455.1%.
Frequently Asked Questions about Michigan Aerospace Manufacturersassociation
Is Michigan Aerospace Manufacturersassociation a legitimate charity?
Based on AI analysis of IRS 990 filings, Michigan Aerospace Manufacturersassociation (EIN: 260254883) insufficient data. 0 red flags identified, 0 strengths noted.
How does Michigan Aerospace Manufacturersassociation spend its money?
Detailed spending breakdown data is not yet available for Michigan Aerospace Manufacturersassociation. Check back for updated IRS 990 analysis.
Are donations to Michigan Aerospace Manufacturersassociation tax-deductible?
Michigan Aerospace Manufacturersassociation is registered as a tax-exempt nonprofit (EIN: 260254883). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michigan Aerospace Manufacturersassociation located?
Michigan Aerospace Manufacturersassociation is headquartered in Sterling Heights, Michigan and files with the IRS under EIN 260254883. It is classified under NTEE code S41.
How many years of IRS 990 filings does Michigan Aerospace Manufacturersassociation have?
Michigan Aerospace Manufacturersassociation has 5 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 $401K in total revenue.
Filing History
IRS 990 filing history for Michigan Aerospace Manufacturersassociation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2022), Michigan Aerospace Manufacturersassociation's revenue has grown by 12%, moving from $357K to $401K. Total assets decreased by 33.6% over the same period, from $173K to $115K. Total functional expenses rose by 128.5%, from $267K to $611K. In its most recent filing year (2022), Michigan Aerospace Manufacturersassociation reported a deficit of $210K, with expenses exceeding revenue. The organization holds $523K in liabilities against $115K in assets (debt-to-asset ratio: 455.1%), resulting in net assets of $-408,330.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $401K | $611K | $115K | $523K | — | View 990 |
| 2021 | $468K | $1.1M | $270K | $478K | — | View 990 |
| 2020 | $1.3M | $957K | $923K | $475K | — | View 990 |
| 2019 | $1.5M | $827K | $648K | $517K | — | — |
| 2011 | $357K | $267K | $173K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $401K, expenses of $611K, and assets of $115K (revenue -14.4% year-over-year).
- 2021: Revenue of $468K, expenses of $1.1M, and assets of $270K (revenue -63.1% year-over-year).
- 2020: Revenue of $1.3M, expenses of $957K, and assets of $923K (revenue -16.9% year-over-year).
- 2019: Revenue of $1.5M, expenses of $827K, and assets of $648K (revenue +327.3% year-over-year).
- 2011: Revenue of $357K, expenses of $267K, and assets of $173K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michigan Aerospace Manufacturersassociation:
Data Sources and Methodology
This transparency report for Michigan Aerospace Manufacturersassociation 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.