North American Butterfly Association Inc
North American Butterfly Association reports a $405,334 deficit in 2023 after two years of surpluses.
EIN: 133689481 · Morristown, NJ · NTEE: D30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $839K |
| Total Expenses | $1.3M |
| Program Spending | 85% |
| Net Assets | $4.8M |
| Transparency Score | 85/100 |
Is North American Butterfly Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North American Butterfly Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North American Butterfly Association Inc
North American Butterfly Association Inc (EIN: 133689481) is a nonprofit organization based in Morristown, NJ, classified under NTEE code D30. The organization reported total revenue of $839K and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North American Butterfly Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North American Butterfly Association Inc is a small nonprofit that has been operating for 11 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $887K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-405,334 |
| Total Assets | $5.1M |
| Total Liabilities | $334K |
| Net Assets | $4.8M |
| Operating Margin | -45.7% |
| Debt-to-Asset Ratio | 6.6% |
| Months of Reserves | 47.4 months |
Financial Health Grade: B
In 2023, North American Butterfly Association Inc reported a deficit of $405K with expenses exceeding revenue, holds 47.4 months of operating reserves (strong position), has a debt-to-asset ratio of 6.6% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), North American Butterfly Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.2% | +21.0% | -6.3% |
| 2022 | -10.1% | +13.0% | +24.4% |
| 2021 | +107.9% | +13.4% | +15.5% |
| 2020 | -28.7% | +1.0% | +4.3% |
| 2019 | +57.5% | +16.6% | +7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
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 North American Butterfly Association Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, North American Butterfly Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $405K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that no officers receive compensation from the organization, which is a strong positive for efficiency and resource allocation.
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 North American Butterfly Association Inc's IRS 990 filings:
- Significant deficit in the latest filing period (202310), with expenses exceeding revenue by $405,334.
- Increasing liabilities, reaching $334,261 in 2023, which is the highest in the provided history.
Strengths
The following positive indicators were identified for North American Butterfly Association Inc:
- Consistent 0% officer compensation across all reported periods, indicating highly efficient use of funds for leadership.
- Strong and growing asset base, reaching over $5 million in 2023, providing financial resilience.
- Long history of IRS 990 filings (14 filings), demonstrating commitment to transparency.
- Significant revenue generation in prior years (e.g., $1.5M in 2021, $1.3M in 2022) indicates strong fundraising capacity.
Frequently Asked Questions about North American Butterfly Association Inc
Is North American Butterfly Association Inc a legitimate charity?
North American Butterfly Association Inc (EIN: 133689481) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $839K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does North American Butterfly Association Inc spend its money?
North American Butterfly Association Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to North American Butterfly Association Inc tax-deductible?
North American Butterfly Association Inc is registered as a tax-exempt nonprofit (EIN: 133689481). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of North American Butterfly Association Inc's spending goes to programs?
North American Butterfly Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does North American Butterfly Association Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), North American Butterfly Association Inc is above average for NTEE category D30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North American Butterfly Association Inc located?
North American Butterfly Association Inc is headquartered in Morristown, New Jersey and files with the IRS under EIN 133689481. It is classified under NTEE code D30.
How many years of IRS 990 filings does North American Butterfly Association Inc have?
North American Butterfly Association Inc has 14 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 $839K in total revenue.
Is North American Butterfly Association Inc a good charity?
Based on the available data, NABA appears to be a good charity. It has a long history of financial filings, no reported officer compensation, and a substantial asset base. While the recent deficit in 2023 is a concern, it follows two years of significant surpluses, suggesting it might be an anomaly or a planned investment. The 0% officer compensation is a strong indicator of efficient use of funds.
What caused the significant deficit in 2023?
The provided data does not specify the exact causes for the $405,334 deficit in 2023 (Expenses of $1,291,982 vs. Revenue of $886,648). It could be due to increased program activities, one-time capital expenditures, or a temporary dip in donations. Further investigation into the detailed 990 forms would be needed to understand the specific expense categories that increased or revenue streams that decreased.
How stable is NABA's financial position given the fluctuating revenue and expenses?
NABA's financial position shows some fluctuation, with significant surpluses in 2021 and 2022 followed by a deficit in 2023. However, the organization maintains a strong asset base of over $5 million, which provides a buffer against short-term financial variations. The long-term trend of asset growth, despite occasional deficits, suggests underlying stability, but the recent deficit warrants close monitoring.
Filing History
IRS 990 filing history for North American Butterfly Association Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), North American Butterfly Association Inc's revenue has grown by 85.3%, moving from $479K to $887K. Total assets increased by 65.2% over the same period, from $3.1M to $5.1M. Total functional expenses rose by 320.8%, from $307K to $1.3M. In its most recent filing year (2023), North American Butterfly Association Inc reported a deficit of $405K, with expenses exceeding revenue. The organization holds $334K in liabilities against $5.1M in assets (debt-to-asset ratio: 6.6%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $887K | $1.3M | $5.1M | $334K | — | — |
| 2022 | $1.4M | $1.1M | $5.4M | $268K | — | View 990 |
| 2021 | $1.5M | $945K | $4.4M | $256K | — | View 990 |
| 2020 | $744K | $834K | $3.8M | $281K | — | — |
| 2019 | $1.0M | $825K | $3.6M | $31K | — | View 990 |
| 2018 | $662K | $708K | $3.4M | $3K | — | View 990 |
| 2017 | $785K | $783K | $3.7M | $2K | — | — |
| 2016 | $756K | $769K | $3.4M | $3K | — | View 990 |
| 2015 | $626K | $649K | $3.4M | $3K | — | View 990 |
| 2014 | $683K | $617K | $3.4M | $3K | — | View 990 |
| 2013 | $603K | $482K | $3.4M | $3K | — | View 990 |
| 2012 | $669K | $561K | $3.2M | $3K | — | View 990 |
| 2011 | $470K | $402K | $3.1M | $3K | — | View 990 |
| 2010 | $479K | $307K | $3.1M | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $887K, expenses of $1.3M, and assets of $5.1M (revenue -36.2% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.1M, and assets of $5.4M (revenue -10.1% year-over-year).
- 2021: Revenue of $1.5M, expenses of $945K, and assets of $4.4M (revenue +107.9% year-over-year).
- 2020: Revenue of $744K, expenses of $834K, and assets of $3.8M (revenue -28.7% year-over-year).
- 2019: Revenue of $1.0M, expenses of $825K, and assets of $3.6M (revenue +57.5% year-over-year).
- 2018: Revenue of $662K, expenses of $708K, and assets of $3.4M (revenue -15.7% year-over-year).
- 2017: Revenue of $785K, expenses of $783K, and assets of $3.7M (revenue +3.8% year-over-year).
- 2016: Revenue of $756K, expenses of $769K, and assets of $3.4M (revenue +20.8% year-over-year).
- 2015: Revenue of $626K, expenses of $649K, and assets of $3.4M (revenue -8.3% year-over-year).
- 2014: Revenue of $683K, expenses of $617K, and assets of $3.4M (revenue +13.3% year-over-year).
- 2013: Revenue of $603K, expenses of $482K, and assets of $3.4M (revenue -9.9% year-over-year).
- 2012: Revenue of $669K, expenses of $561K, and assets of $3.2M (revenue +42.3% year-over-year).
- 2011: Revenue of $470K, expenses of $402K, and assets of $3.1M (revenue -1.8% year-over-year).
- 2010: Revenue of $479K, expenses of $307K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North American Butterfly Association Inc:
Data Sources and Methodology
This transparency report for North American Butterfly 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.