National Association Of The Remodeling Industry
National Association Of The Remodeling Industry shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 132506648 · Des Plaines, IL · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.6M |
| Total Expenses | $2.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $8.2M |
| Transparency Score | 90/100 |
Is National Association Of The Remodeling Industry 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 The Remodeling Industry directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Association Of The Remodeling Industry
National Association Of The Remodeling Industry (EIN: 132506648) is a nonprofit organization based in Des Plaines, IL, classified under NTEE code S41. The organization reported total revenue of $6.6M and total assets of $9.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Association Of The Remodeling Industry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Association Of The Remodeling Industry is a mid-size nonprofit that has been operating for 67 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$873K |
| Total Assets | $9.2M |
| Total Liabilities | $1.0M |
| Net Assets | $8.2M |
| Operating Margin | 23.7% |
| Debt-to-Asset Ratio | 11.1% |
| Months of Reserves | 39.3 months |
Financial Health Grade: A
In 2023, National Association Of The Remodeling Industry reported a surplus of $873K with revenue exceeding expenses, holds 39.3 months of operating reserves (strong position), has a debt-to-asset ratio of 11.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Association Of The Remodeling Industry's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.2% | -20.7% | +6.8% |
| 2022 | +12.6% | +7.5% | -9.9% |
| 2021 | +3.9% | +8.4% | +19.8% |
| 2020 | +12.2% | +36.8% | +24.5% |
| 2019 | +3.6% | -25.5% | +15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1959 |
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 The Remodeling Industry with a Mission Score of 90 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 The Remodeling Industry 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $873K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size, with revenues exceeding $3 million annually, and suggests either a volunteer leadership structure or compensation being covered by other means not reported as officer compensation.
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 The Remodeling Industry's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which might warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for National Association Of The Remodeling Industry:
- Consistent revenue growth, increasing from $2,138,227 in 2014 to $3,678,569 in 2023.
- Strong asset accumulation, with assets more than doubling from $4,593,382 to $9,178,449 over the past decade.
- Consistent operational surpluses, indicating sound financial management (e.g., $873,298 surplus in 2023).
- No reported officer compensation across all filings, suggesting a high dedication of funds to the mission or volunteer leadership.
Frequently Asked Questions about National Association Of The Remodeling Industry
Is National Association Of The Remodeling Industry a legitimate charity?
National Association Of The Remodeling Industry (EIN: 132506648) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.6M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does National Association Of The Remodeling Industry spend its money?
National Association Of The Remodeling Industry directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to National Association Of The Remodeling Industry tax-deductible?
National Association Of The Remodeling Industry is registered as a tax-exempt nonprofit (EIN: 132506648). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the National Association Of The Remodeling Industry CEO make?
National Association Of The Remodeling Industry's highest-compensated officer earns $3 annually. The organization reported $6.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of National Association Of The Remodeling Industry's spending goes to programs?
National Association Of The Remodeling Industry directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does National Association Of The Remodeling Industry compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), National Association Of The Remodeling Industry is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is National Association Of The Remodeling Industry located?
National Association Of The Remodeling Industry is headquartered in Des Plaines, Illinois and files with the IRS under EIN 132506648. It is classified under NTEE code S41.
How many years of IRS 990 filings does National Association Of The Remodeling Industry have?
National Association Of The Remodeling Industry has 13 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 $6.6M in total revenue.
Is NARI a good charity?
Based on the provided financial data, NARI appears to be a financially healthy and well-managed organization. It consistently generates surpluses, grows its assets, and reports no officer compensation, which are strong indicators of good stewardship.
How has NARI's financial health changed over time?
NARI's financial health has significantly improved over the past decade. Revenue has grown from $2,138,227 in 2014 to $3,678,569 in 2023, and assets have more than doubled from $4,593,382 to $9,178,449 in the same period, indicating robust growth and stability.
What is NARI's approach to executive compensation?
NARI consistently reports 0% for officer compensation across all 13 filings. This suggests that the organization's leadership either serves on a volunteer basis or is compensated through mechanisms not categorized as officer compensation on the 990 form, which is a notable practice for an organization of its scale.
Filing History
IRS 990 filing history for National Association Of The Remodeling Industry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Association Of The Remodeling Industry's revenue has grown by 62.6%, moving from $2.3M to $3.7M. Total assets increased by 168.3% over the same period, from $3.4M to $9.2M. Total functional expenses rose by 36.5%, from $2.1M to $2.8M. In its most recent filing year (2023), National Association Of The Remodeling Industry reported a surplus of $873K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $9.2M in assets (debt-to-asset ratio: 11.1%), resulting in net assets of $8.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $2.8M | $9.2M | $1.0M | — | View 990 |
| 2022 | $4.2M | $3.5M | $8.6M | $1.6M | — | View 990 |
| 2021 | $3.7M | $3.3M | $9.5M | $2.2M | — | View 990 |
| 2020 | $3.6M | $3.0M | $8.0M | $1.9M | — | — |
| 2019 | $3.2M | $2.2M | $6.4M | $919K | — | View 990 |
| 2018 | $3.1M | $3.0M | $5.5M | $871K | — | View 990 |
| 2017 | $2.8M | $2.7M | $5.2M | $791K | — | View 990 |
| 2016 | $2.7M | $2.5M | $4.6M | $718K | — | View 990 |
| 2015 | $2.8M | $2.1M | $4.9M | $879K | — | View 990 |
| 2014 | $2.1M | $1.9M | $4.6M | $1.0M | — | View 990 |
| 2013 | $1.8M | $1.8M | $3.7M | $938K | — | View 990 |
| 2012 | $2.1M | $2.0M | $3.2M | $812K | — | View 990 |
| 2011 | $2.3M | $2.1M | $3.4M | $931K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $2.8M, and assets of $9.2M (revenue -12.2% year-over-year).
- 2022: Revenue of $4.2M, expenses of $3.5M, and assets of $8.6M (revenue +12.6% year-over-year).
- 2021: Revenue of $3.7M, expenses of $3.3M, and assets of $9.5M (revenue +3.9% year-over-year).
- 2020: Revenue of $3.6M, expenses of $3.0M, and assets of $8.0M (revenue +12.2% year-over-year).
- 2019: Revenue of $3.2M, expenses of $2.2M, and assets of $6.4M (revenue +3.6% year-over-year).
- 2018: Revenue of $3.1M, expenses of $3.0M, and assets of $5.5M (revenue +10.5% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.7M, and assets of $5.2M (revenue +4.5% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.5M, and assets of $4.6M (revenue -4.7% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.1M, and assets of $4.9M (revenue +30.9% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.9M, and assets of $4.6M (revenue +16.9% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.8M, and assets of $3.7M (revenue -14.4% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.0M, and assets of $3.2M (revenue -5.6% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.1M, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Association Of The Remodeling Industry:
Data Sources and Methodology
This transparency report for National Association Of The Remodeling Industry 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.