National Air Filtration Assoc
EIN: 363097306 · Middleton, WI
| Metric | Value |
|---|---|
| Total Revenue | $778K |
| Total Expenses | $666K |
| Net Assets | $705K |
Is National Air Filtration Assoc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About National Air Filtration Assoc
National Air Filtration Assoc (EIN: 363097306) is a nonprofit organization based in Middleton, WI. The organization reported total revenue of $778K and total assets of $997K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Air Filtration Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Air Filtration Assoc is a small nonprofit that has been operating for 45 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $750K |
| Total Expenses | $666K |
| Surplus / Deficit | +$85K |
| Total Assets | $926K |
| Total Liabilities | $221K |
| Net Assets | $705K |
| Operating Margin | 11.3% |
| Debt-to-Asset Ratio | 23.9% |
| Months of Reserves | 16.7 months |
Financial Health Grade: A
In 2023, National Air Filtration Assoc reported a surplus of $85K with revenue exceeding expenses, holds 16.7 months of operating reserves (strong position), has a debt-to-asset ratio of 23.9% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), National Air Filtration Assoc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +400.9% | +254.4% | +27.4% |
| 2022 | -72.5% | -62.0% | -9.0% |
| 2022 | +25.6% | +54.0% | +21.8% |
| 2021 | +53.0% | +27.4% | +16.8% |
| 2020 | -38.9% | -37.5% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for National Air Filtration Assoc 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 National Air Filtration Assoc 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 $85K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.9%.
Frequently Asked Questions about National Air Filtration Assoc
Is National Air Filtration Assoc a legitimate charity?
National Air Filtration Assoc (EIN: 363097306) is a registered tax-exempt nonprofit based in Wisconsin. It has 14 years of IRS 990 filings on record. Total revenue: $778K. No red flags identified. Financial health grade: A.
How does National Air Filtration Assoc spend its money?
National Air Filtration Assoc reported $778K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to National Air Filtration Assoc tax-deductible?
National Air Filtration Assoc is registered as a tax-exempt nonprofit (EIN: 363097306). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is National Air Filtration Assoc located?
National Air Filtration Assoc is headquartered in Middleton, Wisconsin and files with the IRS under EIN 363097306.
How many years of IRS 990 filings does National Air Filtration Assoc have?
National Air Filtration Assoc 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 $778K in total revenue.
Filing History
IRS 990 filing history for National Air Filtration Assoc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), National Air Filtration Assoc's revenue has grown by 81.3%, moving from $414K to $750K. Total assets increased by 319.1% over the same period, from $221K to $926K. Total functional expenses rose by 50.7%, from $442K to $666K. In its most recent filing year (2023), National Air Filtration Assoc reported a surplus of $85K, with revenue exceeding expenses. The organization holds $221K in liabilities against $926K in assets (debt-to-asset ratio: 23.9%), resulting in net assets of $705K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $750K | $666K | $926K | $221K | — | — |
| 2022 | $150K | $188K | $726K | $114K | — | View 990 |
| 2022 | $544K | $494K | $798K | $148K | — | View 990 |
| 2021 | $433K | $320K | $655K | $56K | — | View 990 |
| 2020 | $283K | $252K | $561K | $74K | — | — |
| 2019 | $464K | $403K | $520K | $64K | — | View 990 |
| 2018 | $501K | $435K | $507K | $113K | — | View 990 |
| 2017 | $463K | $376K | $431K | $104K | — | View 990 |
| 2016 | $415K | $401K | $342K | $102K | — | View 990 |
| 2015 | $478K | $547K | $226K | $0 | — | View 990 |
| 2014 | $465K | $475K | $295K | $650 | — | View 990 |
| 2013 | $428K | $421K | $305K | $650 | — | View 990 |
| 2012 | $437K | $359K | $299K | $650 | — | View 990 |
| 2011 | $414K | $442K | $221K | $650 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $750K, expenses of $666K, and assets of $926K (revenue +400.9% year-over-year).
- 2022: Revenue of $150K, expenses of $188K, and assets of $726K (revenue -72.5% year-over-year).
- 2022: Revenue of $544K, expenses of $494K, and assets of $798K (revenue +25.6% year-over-year).
- 2021: Revenue of $433K, expenses of $320K, and assets of $655K (revenue +53.0% year-over-year).
- 2020: Revenue of $283K, expenses of $252K, and assets of $561K (revenue -38.9% year-over-year).
- 2019: Revenue of $464K, expenses of $403K, and assets of $520K (revenue -7.5% year-over-year).
- 2018: Revenue of $501K, expenses of $435K, and assets of $507K (revenue +8.2% year-over-year).
- 2017: Revenue of $463K, expenses of $376K, and assets of $431K (revenue +11.6% year-over-year).
- 2016: Revenue of $415K, expenses of $401K, and assets of $342K (revenue -13.2% year-over-year).
- 2015: Revenue of $478K, expenses of $547K, and assets of $226K (revenue +2.9% year-over-year).
- 2014: Revenue of $465K, expenses of $475K, and assets of $295K (revenue +8.6% year-over-year).
- 2013: Revenue of $428K, expenses of $421K, and assets of $305K (revenue -2.0% year-over-year).
- 2012: Revenue of $437K, expenses of $359K, and assets of $299K (revenue +5.5% year-over-year).
- 2011: Revenue of $414K, expenses of $442K, and assets of $221K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Air Filtration Assoc:
Data Sources and Methodology
This transparency report for National Air Filtration Assoc 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.