National Archery Buyers Association Inc

National Archery Buyers Association Inc. shows fluctuating financial health with recent net losses despite consistent revenue.

EIN: 201821776 · New Ulm, MN · NTEE: S41 · Updated: 2026-03-28

$223KRevenue

$230KAssets

70/100Mission Score (Good)

S41

About National Archery Buyers Association Inc

National Archery Buyers Association Inc (EIN: 201821776) is a nonprofit organization based in New Ulm, MN, classified under NTEE code S41. The organization reported total revenue of $223K and total assets of $230K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Archery Buyers Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The National Archery Buyers Association Inc. demonstrates a mixed financial picture. While the organization has maintained consistent revenue streams, typically in the $200,000-$300,000 range, it has experienced periods of significant net losses, such as in 2023 ($35,728 loss) and 2022 ($84,580 loss), indicating that expenses sometimes outpace income. However, there was a substantial surplus in 2021 ($144,989 gain), which helped bolster assets. The organization's assets have fluctuated, reaching a high of $461,554 in 2021 but declining to $203,787 by 2023. Liabilities have also varied, peaking at $130,339 in 2021, suggesting some financial instability in certain periods.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings is a positive indicator for resource allocation, suggesting that all revenue is directed towards operational costs and mission-related activities rather than executive salaries. This lack of executive compensation also contributes positively to transparency.

Overall, the organization appears to be transparent regarding executive compensation, or lack thereof. The fluctuations in net income and asset levels suggest a need for careful financial management to ensure long-term sustainability. While the organization has shown resilience over many years, the recent trend of expenses exceeding revenue in 2022 and 2023 warrants closer examination of spending practices.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates National Archery Buyers Association Inc with a Mission Score of 70 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: 80%
fundraising: 5%

According to IRS 990 filings, National Archery Buyers Association Inc 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and suggests a volunteer-led 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.

Red Flags

The following concerns were identified during AI analysis of National Archery Buyers Association Inc's IRS 990 filings:

Inconsistent financial performance with recent net losses in 2022 and 2023.
Significant fluctuations in assets and liabilities over recent years, indicating potential instability.
Lack of detailed expense breakdown (program, admin, fundraising) in provided summary data, hindering full efficiency assessment.

Strengths

The following positive indicators were identified for National Archery Buyers Association Inc:

Consistent revenue generation over a long period (10+ years of filings).
Zero reported officer compensation, suggesting resources are not diverted to executive salaries.
Demonstrated ability to generate significant surpluses in certain years (e.g., $144,989 in 2021).

Frequently Asked Questions about National Archery Buyers Association Inc

What caused the significant net losses in 2022 and 2023?

In 2022, expenses ($298,371) significantly exceeded revenue ($213,791) by $84,580. In 2023, expenses ($323,067) again surpassed revenue ($287,339) by $35,728. A detailed breakdown of these expenses would be needed to identify the specific causes.

How does the organization sustain operations without officer compensation?

The consistent 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level or that compensation is reported under other expense categories, which would require further investigation of the full 990 forms.

What led to the substantial increase in assets in 2021?

In 2021, revenue ($275,090) significantly exceeded expenses ($130,101), resulting in a net gain of $144,989, which likely contributed to the increase in assets to $461,554 from $210,919 the previous year.

What is the primary source of revenue for the organization?

The provided data only shows total revenue. To understand the primary source (e.g., membership dues, events, grants), a deeper dive into the full IRS 990 forms would be necessary.

Are the recent declines in assets a concern for long-term stability?

Assets decreased from $461,554 in 2021 to $203,787 in 2023. While still positive, this trend, coupled with recent net losses, warrants monitoring to ensure the organization maintains sufficient reserves for its operations.

Filing History

IRS 990 filing history for National Archery Buyers Association Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), National Archery Buyers Association Inc's revenue has grown by 44.9%, moving from $198K to $287K. Total assets increased by 351.8% over the same period, from $45K to $204K. Total functional expenses rose by 70%, from $190K to $323K. In its most recent filing year (2023), National Archery Buyers Association Inc reported a deficit of $36K, with expenses exceeding revenue. The organization holds $16K in liabilities against $204K in assets (debt-to-asset ratio: 7.7%), resulting in net assets of $188K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$287K	$323K	$204K	$16K	—	—
2022	$214K	$298K	$312K	$65K	—	View 990
2021	$275K	$130K	$462K	$130K	—	View 990
2020	$224K	$271K	$211K	$30K	—	—
2019	$315K	$279K	$229K	$179	—	View 990
2018	$303K	$258K	$192K	$2K	—	—
2017	$337K	$260K	$145K	$0	—	View 990
2016	$246K	$255K	$68K	$0	—	View 990
2015	$243K	$263K	$75K	$0	—	View 990
2014	$230K	$209K	$95K	$0	—	View 990
2013	$226K	$198K	$74K	$0	—	View 990
2012	$198K	$190K	$45K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $287K, expenses of $323K, and assets of $204K (revenue +34.4% year-over-year).
2022: Revenue of $214K, expenses of $298K, and assets of $312K (revenue -22.3% year-over-year).
2021: Revenue of $275K, expenses of $130K, and assets of $462K (revenue +22.6% year-over-year).
2020: Revenue of $224K, expenses of $271K, and assets of $211K (revenue -28.8% year-over-year).
2019: Revenue of $315K, expenses of $279K, and assets of $229K (revenue +3.9% year-over-year).
2018: Revenue of $303K, expenses of $258K, and assets of $192K (revenue -10.0% year-over-year).
2017: Revenue of $337K, expenses of $260K, and assets of $145K (revenue +36.9% year-over-year).
2016: Revenue of $246K, expenses of $255K, and assets of $68K (revenue +1.3% year-over-year).
2015: Revenue of $243K, expenses of $263K, and assets of $75K (revenue +5.4% year-over-year).
2014: Revenue of $230K, expenses of $209K, and assets of $95K (revenue +2.0% year-over-year).
2013: Revenue of $226K, expenses of $198K, and assets of $74K (revenue +14.0% year-over-year).
2012: Revenue of $198K, expenses of $190K, and assets of $45K.

Data Sources and Methodology

This transparency report for National Archery Buyers 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.