National Association Of Oil Heating Service Managers Inc

National Association Of Oil Heating Service Managers Inc shows consistent asset growth and no reported officer compensation.

EIN: 132725126 · Cranford, NJ · Updated: 2026-03-28

$372KRevenue

$818KAssets

85/100Mission Score (Excellent)

About National Association Of Oil Heating Service Managers Inc

National Association Of Oil Heating Service Managers Inc (EIN: 132725126) is a nonprofit organization based in Cranford, NJ. The organization reported total revenue of $372K and total assets of $818K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Association Of Oil Heating Service Managers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The National Association Of Oil Heating Service Managers Inc (NAOHSM) demonstrates consistent financial health, with its assets growing steadily over the past decade, from $401,941 in 2014 to $874,770 in 2023. The organization generally operates with a surplus, as seen in 2023 where revenue of $424,347 exceeded expenses of $348,785. While specific program spending details are not provided in the summary data, the absence of officer compensation reported across all filings suggests a volunteer-driven leadership, which can contribute to lower administrative overhead and potentially higher program efficiency.

NAOHSM's revenue has fluctuated but shows a general upward trend in recent years, with 2023 revenue at $424,347, a significant increase from $218,018 in 2020. The organization's liabilities have remained manageable relative to its assets, indicating good financial stewardship. The consistent reporting of zero officer compensation is a strong indicator of transparency and a commitment to directing resources towards its mission rather than executive salaries. This practice, coupled with consistent filing of IRS Form 990s, suggests a well-managed and transparent organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates National Association Of Oil Heating Service Managers Inc 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, National Association Of Oil Heating Service Managers Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is a positive sign for resource allocation and efficiency.

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 National Association Of Oil Heating Service Managers Inc:

Consistent asset growth, increasing from $401,941 in 2014 to $874,770 in 2023.
No reported officer compensation across all filings, indicating volunteer leadership and efficient resource allocation.
Generally operates with a financial surplus, demonstrating sustainability (e.g., 2023 revenue of $424,347 vs. expenses of $348,785).
Consistent filing of IRS Form 990s, indicating good transparency and compliance.

Frequently Asked Questions about National Association Of Oil Heating Service Managers Inc

Is National Association Of Oil Heating Service Managers Inc a good charity?

Based on the provided financial data, NAOHSM appears to be a well-managed organization. It consistently grows its assets, operates with a surplus in most years, and reports no officer compensation, suggesting efficient use of funds and strong volunteer involvement. However, without detailed program spending breakdowns, a full assessment of its direct impact is limited.

How has the organization's financial health changed over time?

NAOHSM's financial health has improved significantly over the past decade. Assets have more than doubled from $401,941 in 2014 to $874,770 in 2023, and the organization has generally maintained a positive net income, indicating sustainable operations.

What is the trend in revenue and expenses?

Revenue has shown fluctuations but a general upward trend in recent years, peaking at $434,499 in 2018 and $424,347 in 2023. Expenses have also increased but generally remain below revenue, allowing for asset growth. For example, in 2023, revenue was $424,347 against expenses of $348,785.

Filing History

IRS 990 filing history for National Association Of Oil Heating Service Managers Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), National Association Of Oil Heating Service Managers Inc's revenue has declined by 6.1%, moving from $452K to $424K. Total assets increased by 66.6% over the same period, from $525K to $875K. Total functional expenses fell by 26.1%, from $472K to $349K. In its most recent filing year (2023), National Association Of Oil Heating Service Managers Inc reported a surplus of $76K, with revenue exceeding expenses. The organization holds $118K in liabilities against $875K in assets (debt-to-asset ratio: 13.4%), resulting in net assets of $757K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$424K	$349K	$875K	$118K	—	—
2022	$376K	$323K	$800K	$119K	—	View 990
2021	$225K	$206K	$725K	$95K	—	View 990
2020	$218K	$183K	$716K	$105K	—	—
2019	$368K	$281K	$760K	$184K	—	View 990
2018	$434K	$268K	$617K	$128K	—	View 990
2017	$401K	$258K	$494K	$172K	—	View 990
2016	$374K	$322K	$361K	$181K	—	View 990
2015	$392K	$454K	$355K	$227K	—	View 990
2014	$343K	$421K	$402K	$211K	—	View 990
2013	$467K	$475K	$448K	$179K	—	View 990
2012	$446K	$473K	$524K	$242K	—	View 990
2011	$452K	$472K	$525K	$215K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $424K, expenses of $349K, and assets of $875K (revenue +12.9% year-over-year).
2022: Revenue of $376K, expenses of $323K, and assets of $800K (revenue +67.2% year-over-year).
2021: Revenue of $225K, expenses of $206K, and assets of $725K (revenue +3.1% year-over-year).
2020: Revenue of $218K, expenses of $183K, and assets of $716K (revenue -40.7% year-over-year).
2019: Revenue of $368K, expenses of $281K, and assets of $760K (revenue -15.4% year-over-year).
2018: Revenue of $434K, expenses of $268K, and assets of $617K (revenue +8.3% year-over-year).
2017: Revenue of $401K, expenses of $258K, and assets of $494K (revenue +7.3% year-over-year).
2016: Revenue of $374K, expenses of $322K, and assets of $361K (revenue -4.6% year-over-year).
2015: Revenue of $392K, expenses of $454K, and assets of $355K (revenue +14.2% year-over-year).
2014: Revenue of $343K, expenses of $421K, and assets of $402K (revenue -26.6% year-over-year).
2013: Revenue of $467K, expenses of $475K, and assets of $448K (revenue +4.8% year-over-year).
2012: Revenue of $446K, expenses of $473K, and assets of $524K (revenue -1.4% year-over-year).
2011: Revenue of $452K, expenses of $472K, and assets of $525K.

Data Sources and Methodology

This transparency report for National Association Of Oil Heating Service Managers 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.