Precision Manufacturing Benefits Tr
EIN: 616405450 · San Diego, CA · NTEE: Y43
| Metric | Value |
|---|---|
| Total Revenue | $5.7M |
| Total Expenses | $5.4M |
| Net Assets | $338K |
Is Precision Manufacturing Benefits Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Precision Manufacturing Benefits Tr
Precision Manufacturing Benefits Tr (EIN: 616405450) is a nonprofit organization based in San Diego, CA, classified under NTEE code Y43. The organization reported total revenue of $5.7M and total assets of $431K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Precision Manufacturing Benefits Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Precision Manufacturing Benefits Tr is a mid-size nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2012–2020). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.7M |
| Total Expenses | $5.4M |
| Surplus / Deficit | +$293K |
| Total Assets | $431K |
| Total Liabilities | $93K |
| Net Assets | $338K |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 21.5% |
| Months of Reserves | 0.9 months |
Financial Health Grade: A
In 2020, Precision Manufacturing Benefits Tr reported a surplus of $293K with revenue exceeding expenses, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 21.5% (moderate leverage).
Financial Trends
Over 9 years of filings (2012–2020), Precision Manufacturing Benefits Tr's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +32.3% | +25.2% | +4.9% |
| 2019 | +46.0% | +46.4% | +66.4% |
| 2018 | +32.9% | +35.1% | -9.9% |
| 2017 | +99.2% | +102.1% | +13.4% |
| 2016 | -50.5% | -51.9% | +46.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Precision Manufacturing Benefits Tr 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 Precision Manufacturing Benefits Tr 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $293K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.5%.
Frequently Asked Questions about Precision Manufacturing Benefits Tr
Is Precision Manufacturing Benefits Tr a legitimate charity?
Precision Manufacturing Benefits Tr (EIN: 616405450) is a registered tax-exempt nonprofit based in California. It has 9 years of IRS 990 filings on record. Total revenue: $5.7M. No red flags identified. Financial health grade: A.
How does Precision Manufacturing Benefits Tr spend its money?
Precision Manufacturing Benefits Tr reported $5.7M in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Precision Manufacturing Benefits Tr tax-deductible?
Precision Manufacturing Benefits Tr is registered as a tax-exempt nonprofit (EIN: 616405450). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Precision Manufacturing Benefits Tr located?
Precision Manufacturing Benefits Tr is headquartered in San Diego, California and files with the IRS under EIN 616405450. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Precision Manufacturing Benefits Tr have?
Precision Manufacturing Benefits Tr has 9 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 $5.7M in total revenue.
Filing History
IRS 990 filing history for Precision Manufacturing Benefits Tr showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2020), Precision Manufacturing Benefits Tr's revenue has grown by 136.6%, moving from $2.4M to $5.7M. Total assets increased by 77% over the same period, from $243K to $431K. Total functional expenses rose by 125.4%, from $2.4M to $5.4M. In its most recent filing year (2020), Precision Manufacturing Benefits Tr reported a surplus of $293K, with revenue exceeding expenses. The organization holds $93K in liabilities against $431K in assets (debt-to-asset ratio: 21.5%), resulting in net assets of $338K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $5.7M | $5.4M | $431K | $93K | — | — |
| 2019 | $4.3M | $4.3M | $410K | $365K | — | — |
| 2018 | $3.0M | $3.0M | $247K | $188K | — | View 990 |
| 2017 | $2.2M | $2.2M | $274K | $214K | — | View 990 |
| 2016 | $1.1M | $1.1M | $241K | $217K | — | View 990 |
| 2015 | $2.3M | $2.3M | $165K | $175K | — | View 990 |
| 2014 | $2.2M | $2.2M | $191K | $204K | — | View 990 |
| 2013 | $2.5M | $2.5M | $231K | $221K | — | View 990 |
| 2012 | $2.4M | $2.4M | $243K | $232K | — | — |
Year-by-Year Financial Summary
- 2020: Revenue of $5.7M, expenses of $5.4M, and assets of $431K (revenue +32.3% year-over-year).
- 2019: Revenue of $4.3M, expenses of $4.3M, and assets of $410K (revenue +46.0% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.0M, and assets of $247K (revenue +32.9% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $274K (revenue +99.2% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $241K (revenue -50.5% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.3M, and assets of $165K (revenue +2.0% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.2M, and assets of $191K (revenue -12.9% year-over-year).
- 2013: Revenue of $2.5M, expenses of $2.5M, and assets of $231K (revenue +5.2% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.4M, and assets of $243K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Precision Manufacturing Benefits Tr:
Data Sources and Methodology
This transparency report for Precision Manufacturing Benefits Tr 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.