New England Car Wash Association
EIN: 42677607 · Warwick, RI · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $217K |
| Total Expenses | $131K |
| Net Assets | $296K |
Is New England Car Wash Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New England Car Wash Association
New England Car Wash Association (EIN: 42677607) is a nonprofit organization based in Warwick, RI, classified under NTEE code S41. The organization reported total revenue of $217K and total assets of $387K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New England Car Wash Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New England Car Wash Association is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $131K |
| Surplus / Deficit | +$68K |
| Total Assets | $306K |
| Total Liabilities | $10K |
| Net Assets | $296K |
| Operating Margin | 34.4% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 28.1 months |
Financial Health Grade: A
In 2023, New England Car Wash Association reported a surplus of $68K with revenue exceeding expenses, holds 28.1 months of operating reserves (strong position), has a debt-to-asset ratio of 3.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New England Car Wash Association's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.0% | -17.7% | +34.3% |
| 2022 | +23.6% | +21.7% | -11.4% |
| 2021 | -12.0% | +6.1% | -9.1% |
| 2020 | -0.9% | +16.5% | -1.3% |
| 2019 | -2.5% | -6.8% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New England Car Wash 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 New England Car Wash 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 surplus of $68K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.2%.
Frequently Asked Questions about New England Car Wash Association
Is New England Car Wash Association a legitimate charity?
Based on AI analysis of IRS 990 filings, New England Car Wash Association (EIN: 42677607) insufficient data. 0 red flags identified, 0 strengths noted.
How does New England Car Wash Association spend its money?
Detailed spending breakdown data is not yet available for New England Car Wash Association. Check back for updated IRS 990 analysis.
Are donations to New England Car Wash Association tax-deductible?
New England Car Wash Association is registered as a tax-exempt nonprofit (EIN: 42677607). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New England Car Wash Association located?
New England Car Wash Association is headquartered in Warwick, Rhode Island and files with the IRS under EIN 42677607. It is classified under NTEE code S41.
How many years of IRS 990 filings does New England Car Wash Association have?
New England Car Wash 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 $217K in total revenue.
Filing History
IRS 990 filing history for New England Car Wash Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New England Car Wash Association's revenue has grown by 119.2%, moving from $91K to $199K. Total assets increased by 57.2% over the same period, from $194K to $306K. Total functional expenses rose by 33.4%, from $98K to $131K. In its most recent filing year (2023), New England Car Wash Association reported a surplus of $68K, with revenue exceeding expenses. The organization holds $10K in liabilities against $306K in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $296K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $199K | $131K | $306K | $10K | — | — |
| 2022 | $129K | $159K | $227K | $0 | — | — |
| 2021 | $105K | $130K | $257K | $0 | — | View 990 |
| 2020 | $119K | $123K | $283K | $0 | — | View 990 |
| 2019 | $120K | $105K | $286K | $0 | — | View 990 |
| 2018 | $123K | $113K | $272K | $0 | — | View 990 |
| 2017 | $131K | $96K | $262K | $0 | — | View 990 |
| 2016 | $124K | $146K | $226K | $0 | — | View 990 |
| 2015 | $125K | $91K | $249K | $0 | — | View 990 |
| 2014 | $120K | $100K | $214K | $0 | — | View 990 |
| 2013 | $89K | $90K | $193K | $0 | — | View 990 |
| 2012 | $89K | $89K | $194K | $0 | — | View 990 |
| 2011 | $91K | $98K | $194K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $199K, expenses of $131K, and assets of $306K (revenue +54.0% year-over-year).
- 2022: Revenue of $129K, expenses of $159K, and assets of $227K (revenue +23.6% year-over-year).
- 2021: Revenue of $105K, expenses of $130K, and assets of $257K (revenue -12.0% year-over-year).
- 2020: Revenue of $119K, expenses of $123K, and assets of $283K (revenue -0.9% year-over-year).
- 2019: Revenue of $120K, expenses of $105K, and assets of $286K (revenue -2.5% year-over-year).
- 2018: Revenue of $123K, expenses of $113K, and assets of $272K (revenue -6.4% year-over-year).
- 2017: Revenue of $131K, expenses of $96K, and assets of $262K (revenue +6.4% year-over-year).
- 2016: Revenue of $124K, expenses of $146K, and assets of $226K (revenue -1.5% year-over-year).
- 2015: Revenue of $125K, expenses of $91K, and assets of $249K (revenue +4.1% year-over-year).
- 2014: Revenue of $120K, expenses of $100K, and assets of $214K (revenue +34.8% year-over-year).
- 2013: Revenue of $89K, expenses of $90K, and assets of $193K (revenue +0.8% year-over-year).
- 2012: Revenue of $89K, expenses of $89K, and assets of $194K (revenue -2.3% year-over-year).
- 2011: Revenue of $91K, expenses of $98K, and assets of $194K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New England Car Wash Association:
Data Sources and Methodology
This transparency report for New England Car Wash 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.