National Marine Engineers Beneficial Association Of The Usa

National Marine Engineers Beneficial Association consistently operates at break-even with no reported officer compensation.

EIN: 136019223 · Washington, DC · Updated: 2026-03-28

$304KRevenue
$26KAssets
75/100Mission Score (Good)
National Marine Engineers Beneficial Association Of The Usa Financial Summary
MetricValue
Total Revenue$304K
Total Expenses$270K
Program Spending80%
Net Assets$15K
Transparency Score75/100

Is National Marine Engineers Beneficial Association Of The Usa Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

National Marine Engineers Beneficial Association Of The Usa directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About National Marine Engineers Beneficial Association Of The Usa

National Marine Engineers Beneficial Association Of The Usa (EIN: 136019223) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $304K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Marine Engineers Beneficial Association Of The Usa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

82Years Operating
SmallSize Classification
12Years of Filings
MixedRevenue Trajectory

National Marine Engineers Beneficial Association Of The Usa is a small nonprofit that has been operating for 82 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 0.1%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$268K
Total Expenses$270K
Surplus / Deficit$-1,272
Total Assets$32K
Total Liabilities$17K
Net Assets$15K
Operating Margin-0.5%
Debt-to-Asset Ratio53.0%
Months of Reserves1.4 months

Financial Health Grade: D

In 2022, National Marine Engineers Beneficial Association Of The Usa reported a deficit of $1K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 53.0% (high leverage).

Financial Trends

Over 12 years of filings (2011–2022), National Marine Engineers Beneficial Association Of The Usa's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.

YearRevenue ChangeExpense ChangeAsset Change
2022+2.4%+3.0%+22.6%
2021-0.6%+0.6%-46.6%
2020+13.8%+12.2%+147.2%
2019+4.0%+3.5%-41.8%
2018-1.6%-1.3%-4.1%

IRS Tax-Exempt Classification

IRS Classification Codes3000
IRS Ruling Date1944

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The National Marine Engineers Beneficial Association Of The Usa demonstrates consistent financial activity, with revenues and expenses closely matched over the past decade, typically hovering around the $220,000 - $260,000 range. For instance, in 2022, revenue was $268,239 against expenses of $269,511, indicating a break-even operational model. The organization's assets are relatively modest, fluctuating between $13,732 and $49,230, with the latest reported assets at $25,685. This suggests a lean operational structure with limited reserves. Spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data. However, the consistent near-zero net income across multiple years implies that most incoming funds are expended annually to cover operational costs. The absence of reported officer compensation across all available filings is a notable aspect of its financial structure, suggesting either a volunteer-led executive team or compensation is structured in a way not reported as 'officer compensation' on the 990-EZ, which is common for smaller organizations. Transparency is generally good given the consistent filing history, but the lack of detailed expense categories limits a deeper analysis of spending efficiency. Overall, the organization appears to be financially stable in its ability to cover its annual expenses with its annual revenue, but it operates with minimal financial cushion. Its consistent operation over a decade with no reported officer compensation points to a potentially highly dedicated and cost-conscious leadership, or a structure where executive functions are integrated into broader operational roles without specific 'officer compensation' reporting.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates National Marine Engineers Beneficial Association Of The Usa 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, National Marine Engineers Beneficial Association Of The Usa 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.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$268KTotal Revenue
$270KTotal Expenses
$32KTotal Assets
$17KTotal Liabilities
$15KNet Assets
  • The organization reported a deficit of $1K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 53.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through mechanisms not categorized as 'officer compensation' on the 990-EZ, which is highly efficient for a small organization.

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 Marine Engineers Beneficial Association Of The Usa's IRS 990 filings:

  • Minimal financial reserves relative to annual expenses, with assets often just covering liabilities (e.g., 2022 assets $32,191, liabilities $17,059).
  • Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, limiting a precise assessment of spending efficiency.

Strengths

The following positive indicators were identified for National Marine Engineers Beneficial Association Of The Usa:

  • Consistent operational stability, with revenues generally covering expenses over a decade (e.g., 2022 revenue $268,239, expenses $269,511).
  • Zero reported officer compensation across all filings, indicating highly efficient or volunteer-driven executive leadership.
  • Long and consistent IRS 990 filing history, demonstrating transparency in financial reporting.

Frequently Asked Questions about National Marine Engineers Beneficial Association Of The Usa

Is National Marine Engineers Beneficial Association Of The Usa a legitimate charity?

National Marine Engineers Beneficial Association Of The Usa (EIN: 136019223) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $304K. 2 red flags identified. 3 strengths noted. Financial health grade: D.

How does National Marine Engineers Beneficial Association Of The Usa spend its money?

National Marine Engineers Beneficial Association Of The Usa directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to National Marine Engineers Beneficial Association Of The Usa tax-deductible?

National Marine Engineers Beneficial Association Of The Usa is registered as a tax-exempt nonprofit (EIN: 136019223). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of National Marine Engineers Beneficial Association Of The Usa's spending goes to programs?

National Marine Engineers Beneficial Association Of The Usa directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is National Marine Engineers Beneficial Association Of The Usa located?

National Marine Engineers Beneficial Association Of The Usa is headquartered in Washington, Washington DC and files with the IRS under EIN 136019223.

How many years of IRS 990 filings does National Marine Engineers Beneficial Association Of The Usa have?

National Marine Engineers Beneficial Association Of The Usa has 12 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 $304K in total revenue.

How does the organization sustain operations with no reported officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation for executive functions is integrated into other operational expenses or roles not specifically itemized as 'officer compensation' on the 990-EZ form.

What are the primary program activities funded by the organization?

Without a detailed functional expense breakdown or program descriptions from the provided 990 data, it's not possible to identify the specific primary program activities. The NTEE code is also unknown, which would typically provide insight into its mission.

Does the organization have sufficient reserves for unexpected events?

With assets fluctuating and often closely aligned with liabilities (e.g., 2022 assets $32,191 vs. liabilities $17,059), and annual expenses closely matching revenues, the organization appears to operate with minimal financial reserves, which could pose a risk during unexpected financial downturns.

Filing History

IRS 990 filing history for National Marine Engineers Beneficial Association Of The Usa showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), National Marine Engineers Beneficial Association Of The Usa's revenue has grown by 1.4%, moving from $265K to $268K. Total assets increased by 7.9% over the same period, from $30K to $32K. Total functional expenses rose by 10%, from $245K to $270K. In its most recent filing year (2022), National Marine Engineers Beneficial Association Of The Usa reported a deficit of $1K, with expenses exceeding revenue. The organization holds $17K in liabilities against $32K in assets (debt-to-asset ratio: 53.0%), resulting in net assets of $15K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $268K $270K $32K $17K
2021 $262K $262K $26K $10K View 990
2020 $264K $260K $49K $33K View 990
2019 $232K $232K $20K $8K
2018 $223K $224K $34K $22K View 990
2017 $226K $227K $36K $22K View 990
2016 $217K $218K $18K $4K View 990
2015 $222K $218K $19K $4K View 990
2014 $237K $236K $15K $4K View 990
2013 $223K $223K $14K $4K View 990
2012 $232K $249K $13K $4K View 990
2011 $265K $245K $30K $4K View 990

Year-by-Year Financial Summary

  • 2022: Revenue of $268K, expenses of $270K, and assets of $32K (revenue +2.4% year-over-year).
  • 2021: Revenue of $262K, expenses of $262K, and assets of $26K (revenue -0.6% year-over-year).
  • 2020: Revenue of $264K, expenses of $260K, and assets of $49K (revenue +13.8% year-over-year).
  • 2019: Revenue of $232K, expenses of $232K, and assets of $20K (revenue +4.0% year-over-year).
  • 2018: Revenue of $223K, expenses of $224K, and assets of $34K (revenue -1.6% year-over-year).
  • 2017: Revenue of $226K, expenses of $227K, and assets of $36K (revenue +4.1% year-over-year).
  • 2016: Revenue of $217K, expenses of $218K, and assets of $18K (revenue -2.1% year-over-year).
  • 2015: Revenue of $222K, expenses of $218K, and assets of $19K (revenue -6.2% year-over-year).
  • 2014: Revenue of $237K, expenses of $236K, and assets of $15K (revenue +6.1% year-over-year).
  • 2013: Revenue of $223K, expenses of $223K, and assets of $14K (revenue -3.8% year-over-year).
  • 2012: Revenue of $232K, expenses of $249K, and assets of $13K (revenue -12.3% year-over-year).
  • 2011: Revenue of $265K, expenses of $245K, and assets of $30K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for National Marine Engineers Beneficial Association Of The Usa:

2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for National Marine Engineers Beneficial Association 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.

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