Spray Polyurethane Foam Alliance
Spray Polyurethane Foam Alliance shows strong financial growth and asset accumulation with no reported officer compensation.
EIN: 200374296 · Stafford, VA · NTEE: S41 · Updated: 2026-03-28
Is Spray Polyurethane Foam Alliance Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spray Polyurethane Foam Alliance directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Spray Polyurethane Foam Alliance
Spray Polyurethane Foam Alliance (EIN: 200374296) is a nonprofit organization based in Stafford, VA, classified under NTEE code S41. The organization reported total revenue of $1.7M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spray Polyurethane Foam Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spray Polyurethane Foam Alliance is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$523K |
| Total Assets | $2.6M |
| Total Liabilities | $178K |
| Net Assets | $2.4M |
| Operating Margin | 22.3% |
| Debt-to-Asset Ratio | 6.9% |
| Months of Reserves | 16.9 months |
Financial Health Grade: A
In 2023, Spray Polyurethane Foam Alliance reported a surplus of $523K with revenue exceeding expenses, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 6.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Spray Polyurethane Foam Alliance's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.6% | +26.8% | +34.6% |
| 2022 | +2.8% | +104.0% | +53.5% |
| 2021 | +42.2% | -55.3% | +111.1% |
| 2020 | -12.1% | -5.1% | +8.3% |
| 2019 | +3.2% | +4.1% | -21.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Spray Polyurethane Foam Alliance with a Mission Score of 80 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Spray Polyurethane Foam Alliance 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:
- The organization reported a surplus of $523K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.9%.
Executive Compensation Analysis
The Spray Polyurethane Foam Alliance consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with over $2 million in annual revenue and assets. This suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, requiring further scrutiny of detailed expense schedules.
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 Spray Polyurethane Foam Alliance's IRS 990 filings:
- No reported officer compensation, which is unusual for an organization of this size and could indicate lack of transparency if compensation is hidden in other categories.
Strengths
The following positive indicators were identified for Spray Polyurethane Foam Alliance:
- Consistent revenue growth, with revenue increasing from $1.4 million in 2020 to $2.3 million in 2023.
- Strong financial surpluses in recent years, particularly from 2021-2023, indicating effective financial management.
- Significant asset accumulation, with assets growing from $586,898 in 2020 to $2,559,238 in 2023, enhancing financial stability.
- Positive trend in financial health, moving from periods of expense exceeding revenue (2018-2020) to consistent surpluses.
Frequently Asked Questions about Spray Polyurethane Foam Alliance
Is Spray Polyurethane Foam Alliance a legitimate charity?
Based on AI analysis of IRS 990 filings, Spray Polyurethane Foam Alliance (EIN: 200374296) some concerns. Mission Score: 80/100. 1 red flag identified, 4 strengths noted.
How does Spray Polyurethane Foam Alliance spend its money?
Spray Polyurethane Foam Alliance directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spray Polyurethane Foam Alliance tax-deductible?
Spray Polyurethane Foam Alliance is registered as a tax-exempt nonprofit (EIN: 200374296). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does SPFA manage to operate without reporting any officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual. It suggests either a volunteer-led executive team, or that executive compensation is embedded within other expense categories (e.g., salaries and wages for staff, or management fees to a third party), which would require reviewing the full IRS Form 990, Part VII and IX for clarification.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown. To accurately assess spending efficiency, one would need to examine Part IX of the IRS Form 990, 'Statement of Functional Expenses', which delineates how expenses are allocated across program services, management and general, and fundraising.
What is the purpose of the significant increase in assets from 2021 to 2023?
SPFA's assets grew from $1,239,092 in 2021 to $2,559,238 in 2023. This substantial increase is primarily driven by consistent revenue surpluses over expenses during these years. The specific use or investment of these accumulated assets would be detailed in the organization's balance sheet (Part X of Form 990).
Filing History
IRS 990 filing history for Spray Polyurethane Foam Alliance showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Spray Polyurethane Foam Alliance's revenue has grown by 101.8%, moving from $1.2M to $2.3M. Total assets increased by 198.1% over the same period, from $858K to $2.6M. Total functional expenses rose by 52.5%, from $1.2M to $1.8M. In its most recent filing year (2023), Spray Polyurethane Foam Alliance reported a surplus of $523K, with revenue exceeding expenses. The organization holds $178K in liabilities against $2.6M in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $1.8M | $2.6M | $178K | — | — |
| 2022 | $2.1M | $1.4M | $1.9M | $43K | — | View 990 |
| 2021 | $2.0M | $704K | $1.2M | $25K | — | View 990 |
| 2020 | $1.4M | $1.6M | $587K | $693K | — | — |
| 2019 | $1.6M | $1.7M | $542K | $494K | — | View 990 |
| 2018 | $1.6M | $1.6M | $690K | $599K | — | View 990 |
| 2017 | $1.6M | $1.6M | $701K | $581K | — | View 990 |
| 2016 | $1.5M | $1.6M | $682K | $564K | — | View 990 |
| 2015 | $1.3M | $1.4M | $686K | $514K | — | View 990 |
| 2014 | $1.4M | $1.4M | $753K | $532K | — | View 990 |
| 2013 | $1.4M | $1.5M | $860K | $599K | — | View 990 |
| 2012 | $1.2M | $1.2M | $781K | $415K | — | View 990 |
| 2011 | $1.2M | $1.2M | $858K | $417K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $1.8M, and assets of $2.6M (revenue +12.6% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.4M, and assets of $1.9M (revenue +2.8% year-over-year).
- 2021: Revenue of $2.0M, expenses of $704K, and assets of $1.2M (revenue +42.2% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.6M, and assets of $587K (revenue -12.1% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.7M, and assets of $542K (revenue +3.2% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $690K (revenue -1.5% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $701K (revenue +5.0% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.6M, and assets of $682K (revenue +14.4% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.4M, and assets of $686K (revenue -2.9% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $753K (revenue -1.3% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.5M, and assets of $860K (revenue +18.6% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $781K (revenue +0.3% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $858K.
Data Sources and Methodology
This transparency report for Spray Polyurethane Foam Alliance 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.