New York State Motor Truck Association Inc

New York State Motor Truck Association Inc. shows consistent asset growth despite recent operating deficits and fluctuating revenues.

EIN: 132605838 · Clifton Park, NY · Updated: 2026-03-28

$71.1MRevenue
$12.7MGross Revenue
$46.4MAssets
70/100Mission Score (Good)
New York State Motor Truck Association Inc Financial Summary
MetricValue
Total Revenue$71.1M
Total Expenses$2.4M
Program Spending70%
CEO/Top Officer Pay$40
Net Assets$41.4M
Transparency Score70/100

Is New York State Motor Truck Association Inc Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
3 FoundRed Flags

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

New York State Motor Truck Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About New York State Motor Truck Association Inc

New York State Motor Truck Association Inc (EIN: 132605838) is a nonprofit organization based in Clifton Park, NY. The organization reported total revenue of $71.1M and total assets of $46.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York State Motor Truck Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

57Years Operating
MajorSize Classification
13Years of Filings
MixedRevenue Trajectory

New York State Motor Truck Association Inc is a major nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.0M
Total Expenses$2.4M
Surplus / Deficit$-388,559
Total Assets$42.2M
Total Liabilities$834K
Net Assets$41.4M
Operating Margin-19.7%
Debt-to-Asset Ratio2.0%
Months of Reserves214.3 months

Financial Health Grade: B

In 2023, New York State Motor Truck Association Inc reported a deficit of $389K with expenses exceeding revenue, holds 214.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), New York State Motor Truck Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+25.5%+17.4%+13.7%
2022-53.3%+22.0%-14.5%
2021+91.3%+16.1%+9.1%
2020-2.2%-12.9%+10.1%
2019-93.9%-0.9%+6.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1969

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

AI Transparency Report

The New York State Motor Truck Association Inc. demonstrates a mixed financial picture. While the organization has reported significant revenue fluctuations, including a peak of $29,527,996 in 2018, its more recent revenues have been in the $1.5M - $3.3M range. In 2023, the organization reported expenses exceeding revenue ($2,362,618 vs. $1,974,059), indicating a deficit for that period. However, its asset base has shown consistent growth, reaching $42,188,126 in 2023, suggesting a strong financial foundation built over time. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses within the provided data. However, the consistent reporting of 0% officer compensation across all available filings is a positive indicator of fiscal responsibility and potentially lower administrative overhead related to executive pay. The organization's liabilities remain relatively low compared to its assets, indicating good financial management in terms of debt. Regarding transparency, the consistent filing of IRS Form 990s over 13 periods is a strong positive. The absence of reported officer compensation is also a transparent disclosure. However, without more granular expense data (e.g., specific program service accomplishments and related expenses), a complete assessment of program efficiency and overall spending allocation is challenging. The significant revenue spike in 2018, followed by a return to lower levels, warrants further investigation to understand its nature and impact on the organization's long-term financial strategy.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New York State Motor Truck Association Inc with a Mission Score of 70 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, New York State Motor Truck Association 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:

$2.0MTotal Revenue
$2.4MTotal Expenses
$42.2MTotal Assets
$834KTotal Liabilities
$41.4MNet Assets
  • The organization reported a deficit of $389K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 2.0%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with revenues in the millions and assets exceeding $40 million, suggesting either volunteer leadership or compensation being reported under other expense categories.

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 New York State Motor Truck Association Inc's IRS 990 filings:

  • Consistent operating deficits in recent years (2022 and 2023), with expenses exceeding revenue.
  • Unexplained 0% officer compensation for an organization of this size and revenue.
  • Significant revenue volatility, particularly the large spike in 2018, without clear explanation in the provided data.

Strengths

The following positive indicators were identified for New York State Motor Truck Association Inc:

  • Strong and consistent growth in assets, reaching over $42 million in 2023.
  • Low liabilities relative to assets, indicating good financial solvency.
  • Consistent filing of IRS Form 990s, demonstrating transparency in reporting.

Frequently Asked Questions about New York State Motor Truck Association Inc

Is New York State Motor Truck Association Inc a legitimate charity?

New York State Motor Truck Association Inc (EIN: 132605838) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $71.1M. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does New York State Motor Truck Association Inc spend its money?

New York State Motor Truck Association Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to New York State Motor Truck Association Inc tax-deductible?

New York State Motor Truck Association Inc is registered as a tax-exempt nonprofit (EIN: 132605838). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the New York State Motor Truck Association Inc CEO make?

New York State Motor Truck Association Inc's highest-compensated officer earns $40 annually. The organization reported $71.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of New York State Motor Truck Association Inc's spending goes to programs?

New York State Motor Truck Association Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

Where is New York State Motor Truck Association Inc located?

New York State Motor Truck Association Inc is headquartered in Clifton Park, New York and files with the IRS under EIN 132605838.

How many years of IRS 990 filings does New York State Motor Truck Association Inc have?

New York State Motor Truck Association 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 $71.1M in total revenue.

Why is officer compensation consistently reported as 0% despite significant organizational size?

This could indicate volunteer leadership, or that compensation is categorized differently within the 990, requiring further review of the full filing to understand.

What caused the substantial revenue spike to $29,527,996 in 2018, and how did it impact the organization?

The data does not specify the source of this revenue, but such a large, one-time event could be from a major asset sale, a large grant, or a unique fundraising event, which would significantly affect the organization's financial position for that year.

What are the specific program services provided by the New York State Motor Truck Association Inc. and their associated costs?

The provided data does not detail program services or their costs, making it difficult to assess the direct impact and efficiency of the organization's mission-related spending.

How does the organization plan to address the operating deficits observed in 2022 and 2023?

With expenses exceeding revenue in the last two reported periods ($2,012,166 vs. $1,572,752 in 2022 and $2,362,618 vs. $1,974,059 in 2023), the organization may need to implement strategies to increase revenue or reduce expenses to ensure long-term sustainability.

Filing History

IRS 990 filing history for New York State Motor Truck Association Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New York State Motor Truck Association Inc's revenue has grown by 47.4%, moving from $1.3M to $2.0M. Total assets increased by 1992.2% over the same period, from $2.0M to $42.2M. Total functional expenses rose by 162.3%, from $901K to $2.4M. In its most recent filing year (2023), New York State Motor Truck Association Inc reported a deficit of $389K, with expenses exceeding revenue. The organization holds $834K in liabilities against $42.2M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $41.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.0M $2.4M $42.2M $834K View 990
2022 $1.6M $2.0M $37.1M $854K View 990
2021 $3.4M $1.6M $43.4M $199K View 990
2020 $1.8M $1.4M $39.8M $122K
2019 $1.8M $1.6M $36.1M $326K
2018 $29.5M $1.6M $33.9M $425K View 990
2017 $2.2M $1.3M $5.4M $148K
2016 $1.5M $1.2M $4.8M $110K View 990
2015 $1.4M $1.2M $4.6M $158K View 990
2014 $2.0M $1.1M $4.4M $157K View 990
2013 $1.8M $981K $3.5M $103K View 990
2012 $1.6M $922K $2.7M $117K View 990
2011 $1.3M $901K $2.0M $142K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.0M, expenses of $2.4M, and assets of $42.2M (revenue +25.5% year-over-year).
  • 2022: Revenue of $1.6M, expenses of $2.0M, and assets of $37.1M (revenue -53.3% year-over-year).
  • 2021: Revenue of $3.4M, expenses of $1.6M, and assets of $43.4M (revenue +91.3% year-over-year).
  • 2020: Revenue of $1.8M, expenses of $1.4M, and assets of $39.8M (revenue -2.2% year-over-year).
  • 2019: Revenue of $1.8M, expenses of $1.6M, and assets of $36.1M (revenue -93.9% year-over-year).
  • 2018: Revenue of $29.5M, expenses of $1.6M, and assets of $33.9M (revenue +1272.5% year-over-year).
  • 2017: Revenue of $2.2M, expenses of $1.3M, and assets of $5.4M (revenue +46.2% year-over-year).
  • 2016: Revenue of $1.5M, expenses of $1.2M, and assets of $4.8M (revenue +7.7% year-over-year).
  • 2015: Revenue of $1.4M, expenses of $1.2M, and assets of $4.6M (revenue -30.7% year-over-year).
  • 2014: Revenue of $2.0M, expenses of $1.1M, and assets of $4.4M (revenue +7.9% year-over-year).
  • 2013: Revenue of $1.8M, expenses of $981K, and assets of $3.5M (revenue +13.6% year-over-year).
  • 2012: Revenue of $1.6M, expenses of $922K, and assets of $2.7M (revenue +20.1% year-over-year).
  • 2011: Revenue of $1.3M, expenses of $901K, and assets of $2.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for New York State Motor Truck Association Inc:

2023 Filing 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 New York State Motor Truck Association 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.

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