Modification And Replacement Parts Association Inc
EIN: 260499742 · Washington, DC · NTEE: S46
| Metric | Value |
|---|---|
| Total Revenue | $919K |
| Total Expenses | $499K |
| Net Assets | $32K |
Is Modification And Replacement Parts Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Modification And Replacement Parts Association Inc
Modification And Replacement Parts Association Inc (EIN: 260499742) is a nonprofit organization based in Washington, DC, classified under NTEE code S46. The organization reported total revenue of $919K and total assets of $220K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Modification And Replacement Parts Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Modification And Replacement Parts Association Inc is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $520K |
| Total Expenses | $499K |
| Surplus / Deficit | +$21K |
| Total Assets | $32K |
| Net Assets | $32K |
| Operating Margin | 3.9% |
| Months of Reserves | 0.8 months |
Financial Health Grade: A
In 2023, Modification And Replacement Parts Association Inc reported a surplus of $21K with revenue exceeding expenses, holds 0.8 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2012–2023), Modification And Replacement Parts Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.6% | +37.0% | +578.2% |
| 2022 | +30.3% | +8.1% | -67.2% |
| 2021 | +259.6% | +304.3% | -81.8% |
| 2020 | -82.9% | -77.8% | -8.9% |
| 2019 | +18.6% | +7.1% | +253.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Modification And Replacement Parts Association Inc 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 Modification And Replacement Parts Association Inc 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 $21K, with revenue exceeding expenses.
Frequently Asked Questions about Modification And Replacement Parts Association Inc
Is Modification And Replacement Parts Association Inc a legitimate charity?
Modification And Replacement Parts Association Inc (EIN: 260499742) is a registered tax-exempt nonprofit based in Washington DC. It has 12 years of IRS 990 filings on record. Total revenue: $919K. No red flags identified. Financial health grade: A.
How does Modification And Replacement Parts Association Inc spend its money?
Modification And Replacement Parts Association Inc reported $919K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Modification And Replacement Parts Association Inc tax-deductible?
Modification And Replacement Parts Association Inc is registered as a tax-exempt nonprofit (EIN: 260499742). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Modification And Replacement Parts Association Inc located?
Modification And Replacement Parts Association Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 260499742. It is classified under NTEE code S46.
How many years of IRS 990 filings does Modification And Replacement Parts Association Inc have?
Modification And Replacement Parts Association Inc has 12 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 $919K in total revenue.
Filing History
IRS 990 filing history for Modification And Replacement Parts Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Modification And Replacement Parts Association Inc's revenue has grown by 64.3%, moving from $317K to $520K. Total assets increased by 253.8% over the same period, from $9K to $32K. Total functional expenses rose by 61%, from $310K to $499K. In its most recent filing year (2023), Modification And Replacement Parts Association Inc reported a surplus of $21K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $520K | $499K | $32K | $0 | — | — |
| 2022 | $355K | $365K | $5K | $154 | — | View 990 |
| 2021 | $272K | $337K | $14K | $0 | — | View 990 |
| 2020 | $76K | $83K | $80K | $0 | — | — |
| 2019 | $441K | $376K | $87K | $0 | — | — |
| 2018 | $372K | $351K | $25K | $0 | — | View 990 |
| 2017 | $464K | $469K | $8K | $5K | — | View 990 |
| 2016 | $234K | $319K | $14K | $5K | — | View 990 |
| 2015 | $561K | $476K | $94K | $0 | — | View 990 |
| 2014 | $295K | $295K | $10K | $50 | — | View 990 |
| 2013 | $314K | $314K | $9K | $0 | — | View 990 |
| 2012 | $317K | $310K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $520K, expenses of $499K, and assets of $32K (revenue +46.6% year-over-year).
- 2022: Revenue of $355K, expenses of $365K, and assets of $5K (revenue +30.3% year-over-year).
- 2021: Revenue of $272K, expenses of $337K, and assets of $14K (revenue +259.6% year-over-year).
- 2020: Revenue of $76K, expenses of $83K, and assets of $80K (revenue -82.9% year-over-year).
- 2019: Revenue of $441K, expenses of $376K, and assets of $87K (revenue +18.6% year-over-year).
- 2018: Revenue of $372K, expenses of $351K, and assets of $25K (revenue -19.8% year-over-year).
- 2017: Revenue of $464K, expenses of $469K, and assets of $8K (revenue +98.6% year-over-year).
- 2016: Revenue of $234K, expenses of $319K, and assets of $14K (revenue -58.3% year-over-year).
- 2015: Revenue of $561K, expenses of $476K, and assets of $94K (revenue +89.8% year-over-year).
- 2014: Revenue of $295K, expenses of $295K, and assets of $10K (revenue -6.0% year-over-year).
- 2013: Revenue of $314K, expenses of $314K, and assets of $9K (revenue -0.8% year-over-year).
- 2012: Revenue of $317K, expenses of $310K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Modification And Replacement Parts Association Inc:
Data Sources and Methodology
This transparency report for Modification And Replacement Parts 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.