Tile Marble & Terrazzo Insurance Marble Insurance Fund
EIN: 382988356 · Troy, MI
| Metric | Value |
|---|---|
| Total Expenses | $3.3M |
| Net Assets | $1.7M |
Is Tile Marble & Terrazzo Insurance Marble Insurance Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tile Marble & Terrazzo Insurance Marble Insurance Fund
Tile Marble & Terrazzo Insurance Marble Insurance Fund (EIN: 382988356) is a nonprofit organization based in Troy, MI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tile Marble & Terrazzo Insurance Marble Insurance Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tile Marble & Terrazzo Insurance Marble Insurance Fund is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $3.3M |
| Surplus / Deficit | $-324,281 |
| Total Assets | $2.5M |
| Total Liabilities | $770K |
| Net Assets | $1.7M |
| Operating Margin | -10.8% |
| Debt-to-Asset Ratio | 30.6% |
| Months of Reserves | 9.1 months |
Financial Health Grade: B
In 2015, Tile Marble & Terrazzo Insurance Marble Insurance Fund reported a deficit of $324K with expenses exceeding revenue, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 30.6% (moderate leverage).
Financial Trends
Over 4 years of filings (2012–2015), Tile Marble & Terrazzo Insurance Marble Insurance Fund's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +5.4% | -3.9% | -8.6% |
| 2014 | -5.3% | +14.2% | -18.0% |
| 2013 | -0.3% | +1.4% | +4.8% |
AI Analysis Pending
AI enrichment for Tile Marble & Terrazzo Insurance Marble Insurance Fund 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 Tile Marble & Terrazzo Insurance Marble Insurance Fund 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $324K, with expenses exceeding revenue.
- Debt-to-asset ratio: 30.6%.
Frequently Asked Questions about Tile Marble & Terrazzo Insurance Marble Insurance Fund
Is Tile Marble & Terrazzo Insurance Marble Insurance Fund a legitimate charity?
Tile Marble & Terrazzo Insurance Marble Insurance Fund (EIN: 382988356) is a registered tax-exempt nonprofit based in Michigan. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Tile Marble & Terrazzo Insurance Marble Insurance Fund spend its money?
Tile Marble & Terrazzo Insurance Marble Insurance Fund reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tile Marble & Terrazzo Insurance Marble Insurance Fund tax-deductible?
Tile Marble & Terrazzo Insurance Marble Insurance Fund is registered as a tax-exempt nonprofit (EIN: 382988356). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tile Marble & Terrazzo Insurance Marble Insurance Fund located?
Tile Marble & Terrazzo Insurance Marble Insurance Fund is headquartered in Troy, Michigan and files with the IRS under EIN 382988356.
How many years of IRS 990 filings does Tile Marble & Terrazzo Insurance Marble Insurance Fund have?
Tile Marble & Terrazzo Insurance Marble Insurance Fund has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Tile Marble & Terrazzo Insurance Marble Insurance Fund showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2015), Tile Marble & Terrazzo Insurance Marble Insurance Fund's revenue has declined by 0.6%, moving from $3.0M to $3.0M. Total assets decreased by 21.5% over the same period, from $3.2M to $2.5M. Total functional expenses rose by 11.3%, from $3.0M to $3.3M. In its most recent filing year (2015), Tile Marble & Terrazzo Insurance Marble Insurance Fund reported a deficit of $324K, with expenses exceeding revenue. The organization holds $770K in liabilities against $2.5M in assets (debt-to-asset ratio: 30.6%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $3.0M | $3.3M | $2.5M | $770K | — | View 990 |
| 2014 | $2.8M | $3.5M | $2.8M | $646K | — | View 990 |
| 2013 | $3.0M | $3.0M | $3.4M | $564K | — | View 990 |
| 2012 | $3.0M | $3.0M | $3.2M | $438K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $3.0M, expenses of $3.3M, and assets of $2.5M (revenue +5.4% year-over-year).
- 2014: Revenue of $2.8M, expenses of $3.5M, and assets of $2.8M (revenue -5.3% year-over-year).
- 2013: Revenue of $3.0M, expenses of $3.0M, and assets of $3.4M (revenue -0.3% year-over-year).
- 2012: Revenue of $3.0M, expenses of $3.0M, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tile Marble & Terrazzo Insurance Marble Insurance Fund:
Data Sources and Methodology
This transparency report for Tile Marble & Terrazzo Insurance Marble Insurance Fund 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.