National Cargo Bureau Inc
National Cargo Bureau Inc consistently generates surpluses and has significantly grown its assets over the past decade.
EIN: 135615188 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $93.7M |
| Total Expenses | $20.8M |
| Program Spending | 70% |
| Net Assets | $134.9M |
| Transparency Score | 75/100 |
Is National Cargo Bureau Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Cargo Bureau Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About National Cargo Bureau Inc
National Cargo Bureau Inc (EIN: 135615188) is a nonprofit organization based in New York, NY. The organization reported total revenue of $93.7M and total assets of $150.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Cargo Bureau Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Cargo Bureau Inc is a major nonprofit that has been operating for 73 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24.1M |
| Total Expenses | $20.8M |
| Surplus / Deficit | +$3.3M |
| Total Assets | $137.3M |
| Total Liabilities | $2.4M |
| Net Assets | $134.9M |
| Operating Margin | 13.7% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 79.2 months |
Financial Health Grade: A
In 2023, National Cargo Bureau Inc reported a surplus of $3.3M with revenue exceeding expenses, holds 79.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Cargo Bureau Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.1% | +5.4% | +13.0% |
| 2022 | -2.5% | +9.0% | -15.0% |
| 2021 | +5.3% | +3.3% | +12.2% |
| 2020 | +7.3% | -1.9% | +23.3% |
| 2019 | -3.2% | +1.1% | +23.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1953 |
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 Cargo Bureau Inc with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, National Cargo Bureau Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size and revenue, suggesting that executive compensation may be structured differently or not reported under this specific category.
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 Cargo Bureau Inc's IRS 990 filings:
- Lack of NTEE code makes peer comparison difficult
- Absence of reported officer compensation may obscure executive remuneration practices
Strengths
The following positive indicators were identified for National Cargo Bureau Inc:
- Consistent generation of financial surpluses (e.g., $3,312,726 in 2023)
- Significant growth in assets over the past decade (from $58M in 2014 to $137M in 2023)
- Low liabilities relative to assets, indicating strong financial stability
- Positive net income across all reported periods
Frequently Asked Questions about National Cargo Bureau Inc
Is National Cargo Bureau Inc a legitimate charity?
National Cargo Bureau Inc (EIN: 135615188) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $93.7M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does National Cargo Bureau Inc spend its money?
National Cargo Bureau Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to National Cargo Bureau Inc tax-deductible?
National Cargo Bureau Inc is registered as a tax-exempt nonprofit (EIN: 135615188). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of National Cargo Bureau Inc's spending goes to programs?
National Cargo Bureau Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is National Cargo Bureau Inc located?
National Cargo Bureau Inc is headquartered in New York, New York and files with the IRS under EIN 135615188.
How many years of IRS 990 filings does National Cargo Bureau Inc have?
National Cargo Bureau Inc 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 $93.7M in total revenue.
What is the NTEE code for National Cargo Bureau Inc?
The NTEE code for National Cargo Bureau Inc is currently unknown, which makes it difficult to categorize its mission and compare it to peer organizations.
How does National Cargo Bureau Inc manage to report 0% officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that executives are compensated through other means not classified as 'officer compensation' on the 990, or that the organization operates with a unique volunteer or non-salaried leadership structure.
What is the primary source of National Cargo Bureau Inc's revenue?
While the filings show consistent revenue generation, the specific breakdown of revenue sources (e.g., program service revenue, contributions, investment income) is not detailed in the provided summary. Further examination of the full 990 forms would be needed.
Filing History
IRS 990 filing history for National Cargo Bureau Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Cargo Bureau Inc's revenue has grown by 32.4%, moving from $18.2M to $24.1M. Total assets increased by 309.6% over the same period, from $33.5M to $137.3M. Total functional expenses rose by 46.7%, from $14.2M to $20.8M. In its most recent filing year (2023), National Cargo Bureau Inc reported a surplus of $3.3M, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $137.3M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $134.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24.1M | $20.8M | $137.3M | $2.4M | — | — |
| 2022 | $24.6M | $19.7M | $121.5M | $2.8M | — | — |
| 2021 | $25.2M | $18.1M | $143.0M | $1.9M | — | View 990 |
| 2020 | $24.0M | $17.5M | $127.4M | $1.7M | — | — |
| 2019 | $22.3M | $17.9M | $103.3M | $1.0M | — | View 990 |
| 2018 | $23.1M | $17.7M | $83.7M | $794K | — | View 990 |
| 2017 | $23.1M | $16.3M | $87.3M | $751K | — | — |
| 2016 | $22.6M | $15.3M | $68.9M | $525K | — | View 990 |
| 2015 | $20.6M | $14.3M | $60.8M | $524K | — | View 990 |
| 2014 | $21.8M | $14.3M | $58.0M | $544K | — | View 990 |
| 2013 | $18.8M | $13.4M | $57.9M | $607K | — | View 990 |
| 2012 | $18.8M | $13.5M | $41.4M | $546K | — | View 990 |
| 2011 | $18.2M | $14.2M | $33.5M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24.1M, expenses of $20.8M, and assets of $137.3M (revenue -2.1% year-over-year).
- 2022: Revenue of $24.6M, expenses of $19.7M, and assets of $121.5M (revenue -2.5% year-over-year).
- 2021: Revenue of $25.2M, expenses of $18.1M, and assets of $143.0M (revenue +5.3% year-over-year).
- 2020: Revenue of $24.0M, expenses of $17.5M, and assets of $127.4M (revenue +7.3% year-over-year).
- 2019: Revenue of $22.3M, expenses of $17.9M, and assets of $103.3M (revenue -3.2% year-over-year).
- 2018: Revenue of $23.1M, expenses of $17.7M, and assets of $83.7M (revenue -0.3% year-over-year).
- 2017: Revenue of $23.1M, expenses of $16.3M, and assets of $87.3M (revenue +2.4% year-over-year).
- 2016: Revenue of $22.6M, expenses of $15.3M, and assets of $68.9M (revenue +9.6% year-over-year).
- 2015: Revenue of $20.6M, expenses of $14.3M, and assets of $60.8M (revenue -5.5% year-over-year).
- 2014: Revenue of $21.8M, expenses of $14.3M, and assets of $58.0M (revenue +16.1% year-over-year).
- 2013: Revenue of $18.8M, expenses of $13.4M, and assets of $57.9M (revenue -0.3% year-over-year).
- 2012: Revenue of $18.8M, expenses of $13.5M, and assets of $41.4M (revenue +3.4% year-over-year).
- 2011: Revenue of $18.2M, expenses of $14.2M, and assets of $33.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Cargo Bureau Inc:
Data Sources and Methodology
This transparency report for National Cargo Bureau 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.