Motor & Equipment Manufacturers Association
Motor & Equipment Manufacturers Association consistently maintains financial surplus and growing assets.
EIN: 131068400 · Durham, NC · Updated: 2026-03-28
Is Motor & Equipment Manufacturers Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Motor & Equipment Manufacturers Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Motor & Equipment Manufacturers Association
Motor & Equipment Manufacturers Association (EIN: 131068400) is a nonprofit organization based in Durham, NC. The organization reported total revenue of $35.6M and total assets of $48.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Motor & Equipment Manufacturers Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Motor & Equipment Manufacturers Association is a large nonprofit that has been operating for 53 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 | $18.3M |
| Total Expenses | $16.8M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $44.6M |
| Total Liabilities | $13.4M |
| Net Assets | $31.3M |
| Operating Margin | 8.6% |
| Debt-to-Asset Ratio | 29.9% |
| Months of Reserves | 31.9 months |
Financial Health Grade: A
In 2023, Motor & Equipment Manufacturers Association reported a surplus of $1.6M with revenue exceeding expenses, holds 31.9 months of operating reserves (strong position), has a debt-to-asset ratio of 29.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Motor & Equipment Manufacturers Association's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.5% | +6.2% | +9.6% |
| 2022 | -6.2% | -0.7% | +7.3% |
| 2021 | +38.7% | +12.1% | +14.6% |
| 2020 | -31.6% | -19.9% | -3.3% |
| 2019 | +4.0% | +2.2% | +9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
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 Motor & Equipment Manufacturers Association with a Mission Score of 85 out of 100 (Excellent). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Motor & Equipment Manufacturers Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for Officer Compensation, suggesting that executive salaries are either not categorized under this specific line item or that the organization's leadership is compensated through other means, or operates with a volunteer executive structure.
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.
Strengths
The following positive indicators were identified for Motor & Equipment Manufacturers Association:
- Consistent financial surplus, indicating sound financial management (e.g., $1.5M surplus in 2023).
- Steady growth in assets over the past decade, from $29,977,938 in 2015 to $44,638,756 in 2023.
- Low liabilities relative to assets, suggesting strong financial stability (e.g., $13.3M liabilities vs. $44.6M assets in 2023).
- Consistent reporting of 0% for Officer Compensation, suggesting efficient use of funds or volunteer leadership.
Frequently Asked Questions about Motor & Equipment Manufacturers Association
Is Motor & Equipment Manufacturers Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Motor & Equipment Manufacturers Association (EIN: 131068400) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Motor & Equipment Manufacturers Association spend its money?
Motor & Equipment Manufacturers Association directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Motor & Equipment Manufacturers Association tax-deductible?
Motor & Equipment Manufacturers Association is registered as a tax-exempt nonprofit (EIN: 131068400). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does MEMA allocate its expenses between program services, administrative costs, and fundraising?
While the provided data doesn't break down expenses by functional categories, the consistent financial surplus suggests effective management. A detailed look at their full IRS 990 would be needed to understand the exact percentages for programs, administration, and fundraising.
What is the nature of the 'Officer Comp=0%' reported in all filings?
The consistent reporting of 0% for Officer Compensation across all filings indicates that either executive compensation is not reported under this specific line item, or the organization operates with a volunteer executive leadership, or compensation is covered by other expense categories.
Has MEMA's revenue growth been consistent over the past decade?
MEMA's revenue has fluctuated, ranging from a low of $12,428,747 in 2020 to a high of $18,337,390 in 2023, showing growth but not a perfectly linear trend.
Filing History
IRS 990 filing history for Motor & Equipment Manufacturers Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Motor & Equipment Manufacturers Association's revenue has grown by 120.9%, moving from $8.3M to $18.3M. Total assets increased by 123.7% over the same period, from $20.0M to $44.6M. Total functional expenses rose by 102.9%, from $8.3M to $16.8M. In its most recent filing year (2023), Motor & Equipment Manufacturers Association reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $13.4M in liabilities against $44.6M in assets (debt-to-asset ratio: 29.9%), resulting in net assets of $31.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18.3M | $16.8M | $44.6M | $13.4M | — | — |
| 2022 | $16.2M | $15.8M | $40.7M | $14.0M | — | View 990 |
| 2021 | $17.2M | $15.9M | $38.0M | $7.1M | — | View 990 |
| 2020 | $12.4M | $14.2M | $33.1M | $5.6M | — | View 990 |
| 2019 | $18.2M | $17.7M | $34.3M | $5.2M | — | — |
| 2018 | $17.5M | $17.3M | $31.4M | $6.9M | — | View 990 |
| 2017 | $17.2M | $16.5M | $36.1M | $3.8M | — | View 990 |
| 2016 | $16.5M | $15.2M | $31.0M | $2.1M | — | View 990 |
| 2015 | $14.6M | $14.6M | $30.0M | $4.0M | — | View 990 |
| 2014 | $14.5M | $13.2M | $30.3M | $3.6M | — | View 990 |
| 2013 | $14.8M | $13.5M | $28.9M | $4.1M | — | View 990 |
| 2012 | $12.5M | $12.1M | $26.0M | $3.5M | — | View 990 |
| 2011 | $8.3M | $8.3M | $20.0M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18.3M, expenses of $16.8M, and assets of $44.6M (revenue +13.5% year-over-year).
- 2022: Revenue of $16.2M, expenses of $15.8M, and assets of $40.7M (revenue -6.2% year-over-year).
- 2021: Revenue of $17.2M, expenses of $15.9M, and assets of $38.0M (revenue +38.7% year-over-year).
- 2020: Revenue of $12.4M, expenses of $14.2M, and assets of $33.1M (revenue -31.6% year-over-year).
- 2019: Revenue of $18.2M, expenses of $17.7M, and assets of $34.3M (revenue +4.0% year-over-year).
- 2018: Revenue of $17.5M, expenses of $17.3M, and assets of $31.4M (revenue +1.6% year-over-year).
- 2017: Revenue of $17.2M, expenses of $16.5M, and assets of $36.1M (revenue +4.3% year-over-year).
- 2016: Revenue of $16.5M, expenses of $15.2M, and assets of $31.0M (revenue +12.6% year-over-year).
- 2015: Revenue of $14.6M, expenses of $14.6M, and assets of $30.0M (revenue +1.1% year-over-year).
- 2014: Revenue of $14.5M, expenses of $13.2M, and assets of $30.3M (revenue -1.8% year-over-year).
- 2013: Revenue of $14.8M, expenses of $13.5M, and assets of $28.9M (revenue +17.6% year-over-year).
- 2012: Revenue of $12.5M, expenses of $12.1M, and assets of $26.0M (revenue +51.1% year-over-year).
- 2011: Revenue of $8.3M, expenses of $8.3M, and assets of $20.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Motor & Equipment Manufacturers Association:
Data Sources and Methodology
This transparency report for Motor & Equipment Manufacturers Association 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.