Michigan Infrastructure & Transportation Association Inc
Michigan Infrastructure & Transportation Association shows consistent asset growth and positive operating margins.
EIN: 202098366 · Okemos, MI · NTEE: S46 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.3M |
| Total Expenses | $4.1M |
| Program Spending | 75% |
| Net Assets | $8.2M |
| Transparency Score | 78/100 |
Is Michigan Infrastructure & Transportation Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Michigan Infrastructure & Transportation Association Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Michigan Infrastructure & Transportation Association Inc
Michigan Infrastructure & Transportation Association Inc (EIN: 202098366) is a nonprofit organization based in Okemos, MI, classified under NTEE code S46. The organization reported total revenue of $8.3M and total assets of $10.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michigan Infrastructure & Transportation Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michigan Infrastructure & Transportation Association Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.3M |
| Total Expenses | $4.1M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $8.5M |
| Total Liabilities | $353K |
| Net Assets | $8.2M |
| Operating Margin | 21.4% |
| Debt-to-Asset Ratio | 4.1% |
| Months of Reserves | 24.7 months |
Financial Health Grade: A
In 2023, Michigan Infrastructure & Transportation Association Inc reported a surplus of $1.1M with revenue exceeding expenses, holds 24.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Michigan Infrastructure & Transportation Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.6% | -11.4% | +15.8% |
| 2022 | +14.8% | +26.6% | -4.2% |
| 2021 | -3.3% | +8.3% | +9.7% |
| 2020 | -6.8% | -11.4% | +3.9% |
| 2019 | +2.0% | -9.0% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Michigan Infrastructure & Transportation Association Inc with a Mission Score of 78 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Michigan Infrastructure & Transportation Association Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.1%.
Executive Compensation Analysis
The provided data consistently reports 0% for Officer Compensation across all filing periods, which suggests either that executive compensation is not paid or is reported under a different category, warranting further investigation for full transparency.
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 Michigan Infrastructure & Transportation Association Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in summary data
- Unclear executive compensation reporting (0% officer comp consistently)
Strengths
The following positive indicators were identified for Michigan Infrastructure & Transportation Association Inc:
- Consistent asset growth over the past decade, from $7,652,434 in 2014 to $8,532,471 in 2023.
- Generally positive operating margins, with revenues exceeding expenses in most recent years (e.g., 2023 revenue $5,262,792 vs. expenses $4,137,055).
- Strong financial reserves with assets significantly exceeding liabilities (e.g., 2023 assets $8,532,471 vs. liabilities $352,970).
Frequently Asked Questions about Michigan Infrastructure & Transportation Association Inc
Is Michigan Infrastructure & Transportation Association Inc a legitimate charity?
Michigan Infrastructure & Transportation Association Inc (EIN: 202098366) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 78/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.3M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Michigan Infrastructure & Transportation Association Inc spend its money?
Michigan Infrastructure & Transportation Association Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Michigan Infrastructure & Transportation Association Inc tax-deductible?
Michigan Infrastructure & Transportation Association Inc is registered as a tax-exempt nonprofit (EIN: 202098366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Michigan Infrastructure & Transportation Association Inc's spending goes to programs?
Michigan Infrastructure & Transportation Association Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Michigan Infrastructure & Transportation Association Inc compare to similar nonprofits?
With a transparency score of 78/100 (Good), Michigan Infrastructure & Transportation Association Inc is above average for NTEE category S46 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Michigan Infrastructure & Transportation Association Inc located?
Michigan Infrastructure & Transportation Association Inc is headquartered in Okemos, Michigan and files with the IRS under EIN 202098366. It is classified under NTEE code S46.
How many years of IRS 990 filings does Michigan Infrastructure & Transportation Association Inc have?
Michigan Infrastructure & Transportation Association Inc 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 $8.3M in total revenue.
What are the specific program activities and their associated costs?
The provided data does not detail specific program activities or their individual costs, only overall expenses. Further examination of the full IRS 990 forms would be necessary.
How is executive compensation structured if 'Officer Comp' is consistently 0%?
The consistent 0% for Officer Compensation suggests that either no compensation is paid to officers, or it is categorized differently (e.g., as general salaries or contractor fees) and not reported under 'Officer Comp' in this summary. A deeper dive into the full 990 forms is needed to clarify this.
What is the organization's strategy for managing liabilities, which have fluctuated significantly?
Liabilities have fluctuated, from a high of $1,798,649 in 2014 to a low of $87,064 in 2020, and then up to $352,970 in 2023. Understanding the nature of these liabilities and the organization's management strategy would provide more insight into financial risk.
Filing History
IRS 990 filing history for Michigan Infrastructure & Transportation Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Michigan Infrastructure & Transportation Association Inc's revenue has grown by 16.3%, moving from $4.5M to $5.3M. Total assets decreased by 0.3% over the same period, from $8.6M to $8.5M. Total functional expenses rose by 6.8%, from $3.9M to $4.1M. In its most recent filing year (2023), Michigan Infrastructure & Transportation Association Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $353K in liabilities against $8.5M in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $8.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $4.1M | $8.5M | $353K | — | View 990 |
| 2022 | $4.6M | $4.7M | $7.4M | $446K | — | — |
| 2021 | $4.0M | $3.7M | $7.7M | $434K | — | View 990 |
| 2020 | $4.1M | $3.4M | $7.0M | $87K | — | View 990 |
| 2019 | $4.4M | $3.8M | $6.7M | $584K | — | — |
| 2018 | $4.3M | $4.2M | $6.4M | $881K | — | View 990 |
| 2017 | $4.2M | $4.0M | $7.0M | $1.5M | — | View 990 |
| 2016 | $3.8M | $3.8M | $6.6M | $1.3M | — | View 990 |
| 2015 | $3.6M | $4.2M | $6.8M | $1.7M | — | View 990 |
| 2014 | $3.4M | $3.2M | $7.7M | $1.8M | — | View 990 |
| 2013 | $3.1M | $3.5M | $7.7M | $1.9M | — | View 990 |
| 2012 | $3.6M | $3.6M | $8.7M | $2.6M | — | View 990 |
| 2011 | $4.5M | $3.9M | $8.6M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $4.1M, and assets of $8.5M (revenue +15.6% year-over-year).
- 2022: Revenue of $4.6M, expenses of $4.7M, and assets of $7.4M (revenue +14.8% year-over-year).
- 2021: Revenue of $4.0M, expenses of $3.7M, and assets of $7.7M (revenue -3.3% year-over-year).
- 2020: Revenue of $4.1M, expenses of $3.4M, and assets of $7.0M (revenue -6.8% year-over-year).
- 2019: Revenue of $4.4M, expenses of $3.8M, and assets of $6.7M (revenue +2.0% year-over-year).
- 2018: Revenue of $4.3M, expenses of $4.2M, and assets of $6.4M (revenue +3.9% year-over-year).
- 2017: Revenue of $4.2M, expenses of $4.0M, and assets of $7.0M (revenue +8.7% year-over-year).
- 2016: Revenue of $3.8M, expenses of $3.8M, and assets of $6.6M (revenue +7.2% year-over-year).
- 2015: Revenue of $3.6M, expenses of $4.2M, and assets of $6.8M (revenue +4.5% year-over-year).
- 2014: Revenue of $3.4M, expenses of $3.2M, and assets of $7.7M (revenue +11.3% year-over-year).
- 2013: Revenue of $3.1M, expenses of $3.5M, and assets of $7.7M (revenue -14.2% year-over-year).
- 2012: Revenue of $3.6M, expenses of $3.6M, and assets of $8.7M (revenue -20.9% year-over-year).
- 2011: Revenue of $4.5M, expenses of $3.9M, and assets of $8.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michigan Infrastructure & Transportation Association Inc:
Data Sources and Methodology
This transparency report for Michigan Infrastructure & Transportation Association 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.