National Association Of Manufacturers Of The Usa
National Association Of Manufacturers operates near break-even with growing assets but liabilities exceeding assets in recent years.
EIN: 131084330 · Washington, DC · Updated: 2026-03-28
Is National Association Of Manufacturers Of The Usa Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Association Of Manufacturers Of The Usa directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Association Of Manufacturers Of The Usa
National Association Of Manufacturers Of The Usa (EIN: 131084330) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $61.7M and total assets of $69.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Association Of Manufacturers Of The Usa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Association Of Manufacturers Of The Usa is a major nonprofit that has been operating for 88 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $62.0M |
| Total Expenses | $61.8M |
| Surplus / Deficit | +$154K |
| Total Assets | $69.6M |
| Total Liabilities | $74.2M |
| Net Assets | $-4,610,081 |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 106.6% |
| Months of Reserves | 13.5 months |
Financial Health Grade: A
In 2023, National Association Of Manufacturers Of The Usa reported a surplus of $154K with revenue exceeding expenses, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 106.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Association Of Manufacturers Of The Usa's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.0% | -0.9% | -8.3% |
| 2022 | +1.9% | +1.2% | +78.0% |
| 2021 | +7.8% | +11.2% | +21.5% |
| 2020 | -2.7% | -8.2% | -11.8% |
| 2019 | +17.1% | +15.9% | +7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1938 |
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 National Association Of Manufacturers Of The Usa with a Mission Score of 65 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: 75%
- fundraising: 10%
According to IRS 990 filings, National Association Of Manufacturers Of The Usa allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $154K, with revenue exceeding expenses.
- Debt-to-asset ratio: 106.6%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is highly unusual for an organization with annual revenues exceeding $60 million, suggesting that executive compensation may be reported in other expense categories or through related organizations, which could obscure the true cost of leadership.
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 Association Of Manufacturers Of The Usa's IRS 990 filings:
- Liabilities exceeding assets in the latest filing ($74,239,683 vs. $69,629,602 in 202312), indicating a negative net asset position.
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and revenue, potentially obscuring executive pay.
- Lack of detailed spending breakdown (program, admin, fundraising) in the provided summary data, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for National Association Of Manufacturers Of The Usa:
- Consistent high revenue generation, with latest revenue at $61,963,795.
- Generally operates near break-even, indicating that most revenue is utilized for organizational activities.
- Significant growth in assets from $35,115,823 in 2020 to $69,629,602 in 2023.
Frequently Asked Questions about National Association Of Manufacturers Of The Usa
Is National Association Of Manufacturers Of The Usa a legitimate charity?
Based on AI analysis of IRS 990 filings, National Association Of Manufacturers Of The Usa (EIN: 131084330) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does National Association Of Manufacturers Of The Usa spend its money?
National Association Of Manufacturers Of The Usa directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Association Of Manufacturers Of The Usa tax-deductible?
National Association Of Manufacturers Of The Usa is registered as a tax-exempt nonprofit (EIN: 131084330). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How is the National Association Of Manufacturers Of The Usa funding its operations given that liabilities exceed assets in the latest filing?
In the 202312 filing, liabilities were $74,239,683 while assets were $69,629,602. This negative net asset position suggests a reliance on debt, deferred revenue, or other short-term obligations to finance operations, which could pose a financial risk.
Why is officer compensation consistently reported as 0% across all filings?
The consistent reporting of 0% officer compensation for an organization with over $60 million in annual revenue is highly unusual and suggests that executive compensation may be categorized differently within the 990 form (e.g., as salaries and wages for all employees) or paid through a related entity, which could impact transparency.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of spending categories. To assess spending efficiency, it would be necessary to review the full IRS 990 forms to identify the allocation of expenses between program services, management and general, and fundraising.
Filing History
IRS 990 filing history for National Association Of Manufacturers Of The Usa showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Association Of Manufacturers Of The Usa's revenue has grown by 74.3%, moving from $35.6M to $62.0M. Total assets increased by 129.1% over the same period, from $30.4M to $69.6M. Total functional expenses rose by 94.2%, from $31.8M to $61.8M. In its most recent filing year (2023), National Association Of Manufacturers Of The Usa reported a surplus of $154K, with revenue exceeding expenses. The organization holds $74.2M in liabilities against $69.6M in assets (debt-to-asset ratio: 106.6%), resulting in net assets of $-4,610,081.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $62.0M | $61.8M | $69.6M | $74.2M | — | — |
| 2022 | $63.9M | $62.4M | $76.0M | $80.0M | — | — |
| 2021 | $62.7M | $61.6M | $42.7M | $48.3M | — | View 990 |
| 2020 | $58.2M | $55.4M | $35.1M | $43.6M | — | — |
| 2019 | $59.8M | $60.3M | $39.8M | $49.9M | — | View 990 |
| 2018 | $51.1M | $52.1M | $36.9M | $44.7M | — | View 990 |
| 2017 | $43.2M | $46.1M | $37.3M | $42.9M | — | — |
| 2016 | $42.7M | $47.5M | $34.7M | $38.8M | — | View 990 |
| 2015 | $60.5M | $61.6M | $40.3M | $40.5M | — | View 990 |
| 2014 | $48.4M | $49.5M | $42.9M | $40.7M | — | View 990 |
| 2013 | $39.1M | $39.9M | $38.9M | $32.9M | — | View 990 |
| 2012 | $41.9M | $42.2M | $32.5M | $34.8M | — | View 990 |
| 2011 | $35.6M | $31.8M | $30.4M | $37.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $62.0M, expenses of $61.8M, and assets of $69.6M (revenue -3.0% year-over-year).
- 2022: Revenue of $63.9M, expenses of $62.4M, and assets of $76.0M (revenue +1.9% year-over-year).
- 2021: Revenue of $62.7M, expenses of $61.6M, and assets of $42.7M (revenue +7.8% year-over-year).
- 2020: Revenue of $58.2M, expenses of $55.4M, and assets of $35.1M (revenue -2.7% year-over-year).
- 2019: Revenue of $59.8M, expenses of $60.3M, and assets of $39.8M (revenue +17.1% year-over-year).
- 2018: Revenue of $51.1M, expenses of $52.1M, and assets of $36.9M (revenue +18.3% year-over-year).
- 2017: Revenue of $43.2M, expenses of $46.1M, and assets of $37.3M (revenue +1.3% year-over-year).
- 2016: Revenue of $42.7M, expenses of $47.5M, and assets of $34.7M (revenue -29.4% year-over-year).
- 2015: Revenue of $60.5M, expenses of $61.6M, and assets of $40.3M (revenue +25.0% year-over-year).
- 2014: Revenue of $48.4M, expenses of $49.5M, and assets of $42.9M (revenue +23.5% year-over-year).
- 2013: Revenue of $39.1M, expenses of $39.9M, and assets of $38.9M (revenue -6.6% year-over-year).
- 2012: Revenue of $41.9M, expenses of $42.2M, and assets of $32.5M (revenue +17.9% year-over-year).
- 2011: Revenue of $35.6M, expenses of $31.8M, and assets of $30.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Association Of Manufacturers Of The Usa:
Data Sources and Methodology
This transparency report for National Association Of Manufacturers Of The Usa 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.