Professional Management Association Inc
Professional Management Association Inc consistently reports break-even operations with declining assets and no officer compensation.
EIN: 200500228 · Washington, DC · NTEE: S47 · Updated: 2026-03-28
Is Professional Management Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Professional Management Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Professional Management Association Inc
Professional Management Association Inc (EIN: 200500228) is a nonprofit organization based in Washington, DC, classified under NTEE code S47. The organization reported total revenue of $2.4M and total assets of $5.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Professional Management Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Professional Management Association Inc is a mid-size nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $942K |
| Total Expenses | $942K |
| Surplus / Deficit | +$0 |
| Total Assets | $5.5M |
| Total Liabilities | $5.5M |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 70.2 months |
Financial Health Grade: B
In 2023, Professional Management Association Inc reported a surplus of $0 with revenue exceeding expenses, holds 70.2 months of operating reserves (strong position), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Professional Management Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +114.8% | +114.8% | -2.5% |
| 2022 | -20.6% | -20.6% | -10.6% |
| 2021 | -32.0% | -32.0% | -5.2% |
| 2020 | +18.8% | +18.8% | -4.1% |
| 2019 | -13.0% | -13.0% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Professional Management Association Inc with a Mission Score of 60 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: 25%
- programs: 70%
- fundraising: 5%
According to IRS 990 filings, Professional Management Association Inc allocates its expenses as follows: admin: 25%, programs: 70%, fundraising: 5%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is unusual for an organization with annual revenues ranging from $438,467 to $941,935. This suggests either a fully volunteer-led structure or that compensation is categorized differently, impacting the transparency of leadership costs.
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 Professional Management Association Inc's IRS 990 filings:
- Consistent reporting of assets equaling liabilities, which is unusual for a typical nonprofit and may indicate a specific financial structure requiring deeper understanding.
- Declining asset base over the past decade (from $7,139,581 in 2014 to $5,509,915 in 2023) without clear explanation.
- Consistent 0% officer compensation reported, which is atypical for an organization with annual revenues exceeding $400,000 and may obscure true leadership costs.
- Identical revenue and expense figures reported for multiple consecutive years, suggesting a highly managed budget or specific accounting practice that limits transparency into operational surpluses or deficits.
Strengths
The following positive indicators were identified for Professional Management Association Inc:
- Consistent break-even operations, indicating responsible spending within its means and avoiding deficit spending.
- No reported officer compensation, potentially indicating a highly volunteer-driven leadership structure, which can be a strength for donor confidence if transparently explained.
- Long filing history (14 filings), suggesting consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Professional Management Association Inc
Is Professional Management Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Professional Management Association Inc (EIN: 200500228) some concerns. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
How does Professional Management Association Inc spend its money?
Professional Management Association Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Professional Management Association Inc tax-deductible?
Professional Management Association Inc is registered as a tax-exempt nonprofit (EIN: 200500228). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why do assets consistently equal liabilities in the filings?
The consistent reporting of assets equaling liabilities (e.g., $5,509,915 in both for 2023) suggests a specific accounting method, possibly indicating that the organization holds funds in a fiduciary capacity or operates as a pass-through entity where all assets are offset by corresponding obligations. This warrants further inquiry into the nature of its financial structure.
What is the reason for the declining asset trend?
The organization's assets have decreased from $7,139,581 in 2014 to $5,509,915 in 2023. This consistent decline over a decade, while maintaining break-even operations, suggests a potential divestment of assets, depreciation of long-term holdings, or a shift in financial strategy that needs clarification.
How does the organization operate with 0% officer compensation?
The repeated reporting of 0% officer compensation across all filings is highly unusual for an organization of this size and revenue. It could indicate a fully volunteer-run leadership, or that compensation is paid through a related entity or categorized under other expenses, which would impact the true administrative cost assessment.
What are the primary program activities given the NTEE code S47?
The NTEE code S47 typically refers to Professional Societies & Associations. Understanding the specific programs and services provided by Professional Management Association Inc would clarify how its consistent expenses align with its mission, especially given the lack of detailed expense breakdowns in the provided data.
Is the organization financially sustainable given its break-even operations?
While consistent break-even operations (revenue equals expenses) indicate no deficit spending, they also mean no surplus is being built for future contingencies or growth. Combined with declining assets, this raises questions about long-term financial resilience and capacity for expansion or unexpected challenges.
Filing History
IRS 990 filing history for Professional Management Association Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Professional Management Association Inc's revenue has grown by 185.7%, moving from $330K to $942K. Total assets decreased by 28.7% over the same period, from $7.7M to $5.5M. Total functional expenses rose by 185.7%, from $330K to $942K. In its most recent filing year (2023), Professional Management Association Inc reported a surplus of $0, with revenue exceeding expenses. The organization holds $5.5M in liabilities against $5.5M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $942K | $942K | $5.5M | $5.5M | — | — |
| 2022 | $438K | $438K | $5.7M | $5.7M | — | View 990 |
| 2021 | $552K | $552K | $6.3M | $6.3M | — | View 990 |
| 2020 | $812K | $812K | $6.7M | $6.7M | — | View 990 |
| 2019 | $683K | $683K | $7.0M | $7.0M | — | — |
| 2018 | $786K | $786K | $7.1M | $7.1M | — | View 990 |
| 2017 | $690K | $690K | $7.0M | $7.0M | — | View 990 |
| 2016 | $482K | $482K | $6.9M | $6.9M | — | View 990 |
| 2015 | $498K | $498K | $7.0M | $7.0M | — | View 990 |
| 2014 | $498K | $498K | $7.1M | $7.1M | — | View 990 |
| 2013 | $491K | $491K | $7.3M | $7.3M | — | View 990 |
| 2012 | $410K | $410K | $7.4M | $7.4M | — | View 990 |
| 2011 | $403K | $403K | $7.6M | $7.6M | — | View 990 |
| 2010 | $330K | $330K | $7.7M | $7.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $942K, expenses of $942K, and assets of $5.5M (revenue +114.8% year-over-year).
- 2022: Revenue of $438K, expenses of $438K, and assets of $5.7M (revenue -20.6% year-over-year).
- 2021: Revenue of $552K, expenses of $552K, and assets of $6.3M (revenue -32.0% year-over-year).
- 2020: Revenue of $812K, expenses of $812K, and assets of $6.7M (revenue +18.8% year-over-year).
- 2019: Revenue of $683K, expenses of $683K, and assets of $7.0M (revenue -13.0% year-over-year).
- 2018: Revenue of $786K, expenses of $786K, and assets of $7.1M (revenue +14.0% year-over-year).
- 2017: Revenue of $690K, expenses of $690K, and assets of $7.0M (revenue +43.0% year-over-year).
- 2016: Revenue of $482K, expenses of $482K, and assets of $6.9M (revenue -3.2% year-over-year).
- 2015: Revenue of $498K, expenses of $498K, and assets of $7.0M (revenue +-0.0% year-over-year).
- 2014: Revenue of $498K, expenses of $498K, and assets of $7.1M (revenue +1.5% year-over-year).
- 2013: Revenue of $491K, expenses of $491K, and assets of $7.3M (revenue +19.8% year-over-year).
- 2012: Revenue of $410K, expenses of $410K, and assets of $7.4M (revenue +1.7% year-over-year).
- 2011: Revenue of $403K, expenses of $403K, and assets of $7.6M (revenue +22.2% year-over-year).
- 2010: Revenue of $330K, expenses of $330K, and assets of $7.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Professional Management Association Inc:
Data Sources and Methodology
This transparency report for Professional Management 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.