National Mitigation Banking Association
EIN: 522109080 · Washington, DC · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $636K |
| Total Expenses | $508K |
Is National Mitigation Banking Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About National Mitigation Banking Association
National Mitigation Banking Association (EIN: 522109080) is a nonprofit organization based in Washington, DC, classified under NTEE code S41. The organization reported total revenue of $636K and total assets of $68K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Mitigation Banking Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Mitigation Banking Association is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $461K |
| Total Expenses | $508K |
| Surplus / Deficit | $-46,961 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -10.2% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, National Mitigation Banking Association reported a deficit of $47K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), National Mitigation Banking Association's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.8% | +2.5% | — |
| 2022 | +2.0% | -0.2% | -100.0% |
| 2021 | -2.0% | -6.7% | +141.9% |
| 2020 | -6.3% | -4.3% | -69.9% |
| 2019 | +16.4% | +4.5% | +34.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for National Mitigation Banking Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates National Mitigation Banking Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $47K, with expenses exceeding revenue.
Frequently Asked Questions about National Mitigation Banking Association
Is National Mitigation Banking Association a legitimate charity?
National Mitigation Banking Association (EIN: 522109080) is a registered tax-exempt nonprofit based in Washington DC. It has 13 years of IRS 990 filings on record. Total revenue: $636K. No red flags identified. Financial health grade: C.
How does National Mitigation Banking Association spend its money?
National Mitigation Banking Association reported $636K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to National Mitigation Banking Association tax-deductible?
National Mitigation Banking Association is registered as a tax-exempt nonprofit (EIN: 522109080). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is National Mitigation Banking Association located?
National Mitigation Banking Association is headquartered in Washington, Washington DC and files with the IRS under EIN 522109080. It is classified under NTEE code S41.
How many years of IRS 990 filings does National Mitigation Banking Association have?
National Mitigation Banking Association 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 $636K in total revenue.
Filing History
IRS 990 filing history for National Mitigation Banking Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Mitigation Banking Association's revenue has grown by 260.3%, moving from $128K to $461K. Total assets decreased by 100% over the same period, from $154K to $0. Total functional expenses rose by 126.5%, from $224K to $508K. In its most recent filing year (2023), National Mitigation Banking Association reported a deficit of $47K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $461K | $508K | $0 | $0 | — | — |
| 2022 | $511K | $496K | $0 | $0 | — | View 990 |
| 2021 | $501K | $497K | $79K | $63K | — | View 990 |
| 2020 | $511K | $533K | $33K | $21K | — | — |
| 2019 | $546K | $557K | $109K | $75K | — | View 990 |
| 2018 | $469K | $533K | $81K | $36K | — | View 990 |
| 2017 | $497K | $547K | $214K | $105K | — | View 990 |
| 2016 | $316K | $290K | $276K | $118K | — | View 990 |
| 2015 | $260K | $275K | $223K | $91K | — | View 990 |
| 2014 | $251K | $195K | $175K | $29K | — | View 990 |
| 2013 | $220K | $197K | $113K | $22K | — | View 990 |
| 2012 | $208K | $263K | $117K | $49K | — | View 990 |
| 2011 | $128K | $224K | $154K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $461K, expenses of $508K, and assets of $0 (revenue -9.8% year-over-year).
- 2022: Revenue of $511K, expenses of $496K, and assets of $0 (revenue +2.0% year-over-year).
- 2021: Revenue of $501K, expenses of $497K, and assets of $79K (revenue -2.0% year-over-year).
- 2020: Revenue of $511K, expenses of $533K, and assets of $33K (revenue -6.3% year-over-year).
- 2019: Revenue of $546K, expenses of $557K, and assets of $109K (revenue +16.4% year-over-year).
- 2018: Revenue of $469K, expenses of $533K, and assets of $81K (revenue -5.7% year-over-year).
- 2017: Revenue of $497K, expenses of $547K, and assets of $214K (revenue +57.4% year-over-year).
- 2016: Revenue of $316K, expenses of $290K, and assets of $276K (revenue +21.3% year-over-year).
- 2015: Revenue of $260K, expenses of $275K, and assets of $223K (revenue +3.9% year-over-year).
- 2014: Revenue of $251K, expenses of $195K, and assets of $175K (revenue +13.9% year-over-year).
- 2013: Revenue of $220K, expenses of $197K, and assets of $113K (revenue +5.6% year-over-year).
- 2012: Revenue of $208K, expenses of $263K, and assets of $117K (revenue +62.8% year-over-year).
- 2011: Revenue of $128K, expenses of $224K, and assets of $154K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Mitigation Banking Association:
Data Sources and Methodology
This transparency report for National Mitigation Banking Association 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.