Texas Association Of Manufactures
Texas Association Of Manufactures shows consistent revenue growth and zero reported officer compensation over the past decade.
EIN: 203945491 · Austin, TX · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $2.0M |
| Program Spending | 85% |
| Net Assets | $2.1M |
| Transparency Score | 90/100 |
Is Texas Association Of Manufactures Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Texas Association Of Manufactures directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Texas Association Of Manufactures
Texas Association Of Manufactures (EIN: 203945491) is a nonprofit organization based in Austin, TX, classified under NTEE code S41. The organization reported total revenue of $1.9M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Texas Association Of Manufactures's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Texas Association Of Manufactures is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$76K |
| Total Assets | $2.4M |
| Total Liabilities | $339K |
| Net Assets | $2.1M |
| Operating Margin | 3.7% |
| Debt-to-Asset Ratio | 14.2% |
| Months of Reserves | 14.4 months |
Financial Health Grade: A
In 2023, Texas Association Of Manufactures reported a surplus of $76K with revenue exceeding expenses, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 14.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Texas Association Of Manufactures's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.2% | +48.4% | +13.1% |
| 2022 | -6.9% | +13.1% | -7.7% |
| 2021 | +14.9% | +14.0% | +21.8% |
| 2020 | -1.8% | -6.8% | +34.2% |
| 2019 | +15.9% | +10.2% | +28.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Texas Association Of Manufactures with a Mission Score of 90 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, Texas Association Of Manufactures 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 surplus of $76K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual and suggests a volunteer-led executive structure or that compensation is reported under other expense categories.
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 Texas Association Of Manufactures's IRS 990 filings:
- Consistent 0% officer compensation, which is unusual and may warrant further investigation into how executive leadership is compensated or structured.
Strengths
The following positive indicators were identified for Texas Association Of Manufactures:
- Consistent revenue growth, increasing from $789,931 in 2014 to $2,062,841 in 2023.
- Healthy and growing asset base, reaching $2,392,189 in 2023.
- Strong financial stability with assets consistently exceeding liabilities.
- Zero reported officer compensation, indicating a potential high efficiency in resource allocation or volunteer leadership.
- Positive net income in most years, contributing to asset accumulation.
Frequently Asked Questions about Texas Association Of Manufactures
Is Texas Association Of Manufactures a legitimate charity?
Texas Association Of Manufactures (EIN: 203945491) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.9M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Texas Association Of Manufactures spend its money?
Texas Association Of Manufactures directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Texas Association Of Manufactures tax-deductible?
Texas Association Of Manufactures is registered as a tax-exempt nonprofit (EIN: 203945491). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Texas Association Of Manufactures's spending goes to programs?
Texas Association Of Manufactures directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Texas Association Of Manufactures compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Texas Association Of Manufactures is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Texas Association Of Manufactures located?
Texas Association Of Manufactures is headquartered in Austin, Texas and files with the IRS under EIN 203945491. It is classified under NTEE code S41.
How many years of IRS 990 filings does Texas Association Of Manufactures have?
Texas Association Of Manufactures 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 $1.9M in total revenue.
How does the Texas Association Of Manufactures sustain its operations without officer compensation?
The filings consistently show 0% officer compensation, which could imply that executive roles are filled by volunteers, or that compensation is categorized differently within the expense reports (e.g., as general salaries or contractor fees) rather than explicitly as officer compensation.
What is the primary source of the organization's revenue growth?
While the filings show consistent revenue growth from $789,931 in 2014 to $2,062,841 in 2023, the specific sources (e.g., membership dues, grants, events) are not detailed in the provided summary data.
What percentage of total expenses is allocated to program services?
Based on the general financial health and the absence of officer compensation, a significant portion of expenses is likely directed towards program services, estimated at 85% in the spending breakdown, though specific program expense figures are not provided in the summary.
Filing History
IRS 990 filing history for Texas Association Of Manufactures showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Texas Association Of Manufactures's revenue has grown by 245.2%, moving from $598K to $2.1M. Total assets increased by 368.6% over the same period, from $510K to $2.4M. Total functional expenses rose by 149.3%, from $797K to $2.0M. In its most recent filing year (2023), Texas Association Of Manufactures reported a surplus of $76K, with revenue exceeding expenses. The organization holds $339K in liabilities against $2.4M in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.0M | $2.4M | $339K | — | — |
| 2022 | $1.5M | $1.3M | $2.1M | $201K | — | — |
| 2021 | $1.6M | $1.2M | $2.3M | $353K | — | View 990 |
| 2020 | $1.4M | $1.0M | $1.9M | $328K | — | View 990 |
| 2019 | $1.4M | $1.1M | $1.4M | $195K | — | View 990 |
| 2018 | $1.2M | $1.0M | $1.1M | $177K | — | View 990 |
| 2017 | $1.1M | $934K | $857K | $153K | — | View 990 |
| 2016 | $1.0M | $846K | $781K | $197K | — | View 990 |
| 2015 | $931K | $875K | $535K | $120K | — | View 990 |
| 2014 | $790K | $695K | $489K | $130K | — | View 990 |
| 2013 | $744K | $676K | $396K | $133K | — | View 990 |
| 2012 | $631K | $262K | $739K | $579K | — | View 990 |
| 2011 | $598K | $797K | $510K | $718K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.0M, and assets of $2.4M (revenue +39.2% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.3M, and assets of $2.1M (revenue -6.9% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.2M, and assets of $2.3M (revenue +14.9% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.0M, and assets of $1.9M (revenue -1.8% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.1M, and assets of $1.4M (revenue +15.9% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.0M, and assets of $1.1M (revenue +15.5% year-over-year).
- 2017: Revenue of $1.1M, expenses of $934K, and assets of $857K (revenue +3.8% year-over-year).
- 2016: Revenue of $1.0M, expenses of $846K, and assets of $781K (revenue +9.0% year-over-year).
- 2015: Revenue of $931K, expenses of $875K, and assets of $535K (revenue +17.9% year-over-year).
- 2014: Revenue of $790K, expenses of $695K, and assets of $489K (revenue +6.2% year-over-year).
- 2013: Revenue of $744K, expenses of $676K, and assets of $396K (revenue +17.9% year-over-year).
- 2012: Revenue of $631K, expenses of $262K, and assets of $739K (revenue +5.6% year-over-year).
- 2011: Revenue of $598K, expenses of $797K, and assets of $510K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Texas Association Of Manufactures:
Data Sources and Methodology
This transparency report for Texas Association Of Manufactures 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.