Munitions Industrial Base Task Force Inc
EIN: 521839707 · Arlington, VA
| Metric | Value |
|---|---|
| Total Revenue | $561K |
| Total Expenses | $398K |
| Net Assets | $57K |
Is Munitions Industrial Base Task Force Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Munitions Industrial Base Task Force Inc
Munitions Industrial Base Task Force Inc (EIN: 521839707) is a nonprofit organization based in Arlington, VA. The organization reported total revenue of $561K and total assets of $236K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Munitions Industrial Base Task Force Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Munitions Industrial Base Task Force Inc is a small nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $343K |
| Total Expenses | $398K |
| Surplus / Deficit | $-55,581 |
| Total Assets | $57K |
| Net Assets | $57K |
| Operating Margin | -16.2% |
| Months of Reserves | 1.7 months |
Financial Health Grade: C
In 2023, Munitions Industrial Base Task Force Inc reported a deficit of $56K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2010–2023), Munitions Industrial Base Task Force Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.5% | -8.5% | -49.3% |
| 2022 | -46.6% | +23.4% | -55.5% |
| 2021 | +116.1% | +32.1% | +356.4% |
| 2020 | -24.6% | -40.0% | -17.8% |
| 2019 | -26.6% | -6.3% | -61.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Munitions Industrial Base Task Force 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 Munitions Industrial Base Task Force 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 deficit of $56K, with expenses exceeding revenue.
Frequently Asked Questions about Munitions Industrial Base Task Force Inc
Is Munitions Industrial Base Task Force Inc a legitimate charity?
Munitions Industrial Base Task Force Inc (EIN: 521839707) is a registered tax-exempt nonprofit based in Virginia. It has 14 years of IRS 990 filings on record. Total revenue: $561K. No red flags identified. Financial health grade: C.
How does Munitions Industrial Base Task Force Inc spend its money?
Munitions Industrial Base Task Force Inc reported $561K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Munitions Industrial Base Task Force Inc tax-deductible?
Munitions Industrial Base Task Force Inc is registered as a tax-exempt nonprofit (EIN: 521839707). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Munitions Industrial Base Task Force Inc located?
Munitions Industrial Base Task Force Inc is headquartered in Arlington, Virginia and files with the IRS under EIN 521839707.
How many years of IRS 990 filings does Munitions Industrial Base Task Force Inc have?
Munitions Industrial Base Task Force Inc has 14 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 $561K in total revenue.
Filing History
IRS 990 filing history for Munitions Industrial Base Task Force Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Munitions Industrial Base Task Force Inc's revenue has declined by 8.2%, moving from $373K to $343K. Total assets decreased by 67.1% over the same period, from $174K to $57K. Total functional expenses fell by 3.1%, from $411K to $398K. In its most recent filing year (2023), Munitions Industrial Base Task Force Inc reported a deficit of $56K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $343K | $398K | $57K | $0 | — | — |
| 2022 | $294K | $435K | $113K | $65 | — | — |
| 2021 | $551K | $353K | $254K | $65 | — | View 990 |
| 2020 | $255K | $267K | $56K | $0 | — | — |
| 2019 | $338K | $445K | $68K | $0 | — | View 990 |
| 2018 | $461K | $475K | $174K | $0 | — | View 990 |
| 2017 | $531K | $466K | $189K | $681 | — | View 990 |
| 2016 | $491K | $455K | $125K | $1K | — | View 990 |
| 2015 | $451K | $426K | $88K | $326 | — | View 990 |
| 2014 | $355K | $446K | $70K | $8K | — | View 990 |
| 2013 | $380K | $374K | $154K | $101 | — | View 990 |
| 2012 | $347K | $382K | $149K | $871 | — | View 990 |
| 2011 | $415K | $405K | $184K | $555 | — | View 990 |
| 2010 | $373K | $411K | $174K | $770 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $343K, expenses of $398K, and assets of $57K (revenue +16.5% year-over-year).
- 2022: Revenue of $294K, expenses of $435K, and assets of $113K (revenue -46.6% year-over-year).
- 2021: Revenue of $551K, expenses of $353K, and assets of $254K (revenue +116.1% year-over-year).
- 2020: Revenue of $255K, expenses of $267K, and assets of $56K (revenue -24.6% year-over-year).
- 2019: Revenue of $338K, expenses of $445K, and assets of $68K (revenue -26.6% year-over-year).
- 2018: Revenue of $461K, expenses of $475K, and assets of $174K (revenue -13.3% year-over-year).
- 2017: Revenue of $531K, expenses of $466K, and assets of $189K (revenue +8.2% year-over-year).
- 2016: Revenue of $491K, expenses of $455K, and assets of $125K (revenue +8.8% year-over-year).
- 2015: Revenue of $451K, expenses of $426K, and assets of $88K (revenue +27.3% year-over-year).
- 2014: Revenue of $355K, expenses of $446K, and assets of $70K (revenue -6.5% year-over-year).
- 2013: Revenue of $380K, expenses of $374K, and assets of $154K (revenue +9.4% year-over-year).
- 2012: Revenue of $347K, expenses of $382K, and assets of $149K (revenue -16.4% year-over-year).
- 2011: Revenue of $415K, expenses of $405K, and assets of $184K (revenue +11.1% year-over-year).
- 2010: Revenue of $373K, expenses of $411K, and assets of $174K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Munitions Industrial Base Task Force Inc:
Data Sources and Methodology
This transparency report for Munitions Industrial Base Task Force 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.