Tang Industries Inc Employees Welfare Plan And Trust
EIN: 363288421 · Las Vegas, NV
| Metric | Value |
|---|---|
| Total Revenue | $15.5M |
| Total Expenses | $15.4M |
| Net Assets | $227K |
Is Tang Industries Inc Employees Welfare Plan And Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tang Industries Inc Employees Welfare Plan And Trust
Tang Industries Inc Employees Welfare Plan And Trust (EIN: 363288421) is a nonprofit organization based in Las Vegas, NV. The organization reported total revenue of $15.5M and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tang Industries Inc Employees Welfare Plan And Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tang Industries Inc Employees Welfare Plan And Trust is a large nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.1M |
| Total Expenses | $15.4M |
| Surplus / Deficit | $-217,360 |
| Total Assets | $227K |
| Net Assets | $227K |
| Operating Margin | -1.4% |
| Months of Reserves | 0.2 months |
Financial Health Grade: C
In 2023, Tang Industries Inc Employees Welfare Plan And Trust reported a deficit of $217K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Tang Industries Inc Employees Welfare Plan And Trust's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.9% | -4.6% | -48.9% |
| 2022 | +20.0% | +15.4% | +307.7% |
| 2021 | +1.1% | +1.4% | -69.7% |
| 2020 | +1.8% | +4.8% | -35.7% |
| 2019 | -1.8% | -3.4% | +55.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tang Industries Inc Employees Welfare Plan And Trust 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 Tang Industries Inc Employees Welfare Plan And Trust 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $217K, with expenses exceeding revenue.
Frequently Asked Questions about Tang Industries Inc Employees Welfare Plan And Trust
Is Tang Industries Inc Employees Welfare Plan And Trust a legitimate charity?
Tang Industries Inc Employees Welfare Plan And Trust (EIN: 363288421) is a registered tax-exempt nonprofit based in Nevada. It has 13 years of IRS 990 filings on record. Total revenue: $15.5M. No red flags identified. Financial health grade: C.
How does Tang Industries Inc Employees Welfare Plan And Trust spend its money?
Tang Industries Inc Employees Welfare Plan And Trust reported $15.5M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tang Industries Inc Employees Welfare Plan And Trust tax-deductible?
Tang Industries Inc Employees Welfare Plan And Trust is registered as a tax-exempt nonprofit (EIN: 363288421). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tang Industries Inc Employees Welfare Plan And Trust located?
Tang Industries Inc Employees Welfare Plan And Trust is headquartered in Las Vegas, Nevada and files with the IRS under EIN 363288421.
How many years of IRS 990 filings does Tang Industries Inc Employees Welfare Plan And Trust have?
Tang Industries Inc Employees Welfare Plan And Trust 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 $15.5M in total revenue.
Filing History
IRS 990 filing history for Tang Industries Inc Employees Welfare Plan And Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tang Industries Inc Employees Welfare Plan And Trust's revenue has grown by 150.2%, moving from $6.1M to $15.1M. Total assets decreased by 57.2% over the same period, from $531K to $227K. Total functional expenses rose by 149.9%, from $6.1M to $15.4M. In its most recent filing year (2023), Tang Industries Inc Employees Welfare Plan And Trust reported a deficit of $217K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.1M | $15.4M | $227K | $0 | — | View 990 |
| 2022 | $16.4M | $16.1M | $445K | $0 | — | View 990 |
| 2021 | $13.7M | $14.0M | $109K | $0 | — | View 990 |
| 2020 | $13.6M | $13.8M | $360K | $0 | — | — |
| 2019 | $13.3M | $13.1M | $560K | $0 | — | View 990 |
| 2018 | $13.6M | $13.6M | $360K | $0 | — | View 990 |
| 2017 | $12.5M | $12.5M | $378K | $0 | — | View 990 |
| 2016 | $11.9M | $11.9M | $365K | $0 | — | View 990 |
| 2015 | $9.9M | $9.8M | $325K | $0 | — | View 990 |
| 2014 | $8.8M | $8.7M | $216K | $0 | — | View 990 |
| 2013 | $6.8M | $7.1M | $161K | $0 | — | View 990 |
| 2012 | $6.8M | $6.8M | $536K | $0 | — | View 990 |
| 2011 | $6.1M | $6.1M | $531K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.1M, expenses of $15.4M, and assets of $227K (revenue -7.9% year-over-year).
- 2022: Revenue of $16.4M, expenses of $16.1M, and assets of $445K (revenue +20.0% year-over-year).
- 2021: Revenue of $13.7M, expenses of $14.0M, and assets of $109K (revenue +1.1% year-over-year).
- 2020: Revenue of $13.6M, expenses of $13.8M, and assets of $360K (revenue +1.8% year-over-year).
- 2019: Revenue of $13.3M, expenses of $13.1M, and assets of $560K (revenue -1.8% year-over-year).
- 2018: Revenue of $13.6M, expenses of $13.6M, and assets of $360K (revenue +8.3% year-over-year).
- 2017: Revenue of $12.5M, expenses of $12.5M, and assets of $378K (revenue +5.1% year-over-year).
- 2016: Revenue of $11.9M, expenses of $11.9M, and assets of $365K (revenue +20.8% year-over-year).
- 2015: Revenue of $9.9M, expenses of $9.8M, and assets of $325K (revenue +12.6% year-over-year).
- 2014: Revenue of $8.8M, expenses of $8.7M, and assets of $216K (revenue +29.5% year-over-year).
- 2013: Revenue of $6.8M, expenses of $7.1M, and assets of $161K (revenue -0.3% year-over-year).
- 2012: Revenue of $6.8M, expenses of $6.8M, and assets of $536K (revenue +12.2% year-over-year).
- 2011: Revenue of $6.1M, expenses of $6.1M, and assets of $531K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tang Industries Inc Employees Welfare Plan And Trust:
Data Sources and Methodology
This transparency report for Tang Industries Inc Employees Welfare Plan And Trust 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.