Tubular Exchanger Mfrs Assn Inc
Tubular Exchanger Mfrs Assn Inc maintains strong financial health with consistent surpluses and no executive compensation.
EIN: 136132759 · Fairfield, CT · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $395K |
| Total Expenses | $241K |
| Program Spending | 85% |
| Net Assets | $732K |
| Transparency Score | 90/100 |
Is Tubular Exchanger Mfrs Assn Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tubular Exchanger Mfrs Assn Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tubular Exchanger Mfrs Assn Inc
Tubular Exchanger Mfrs Assn Inc (EIN: 136132759) is a nonprofit organization based in Fairfield, CT, classified under NTEE code S41. The organization reported total revenue of $395K and total assets of $845K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tubular Exchanger Mfrs Assn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tubular Exchanger Mfrs Assn Inc is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $359K |
| Total Expenses | $241K |
| Surplus / Deficit | +$119K |
| Total Assets | $732K |
| Net Assets | $732K |
| Operating Margin | 33.0% |
| Months of Reserves | 36.5 months |
Financial Health Grade: A
In 2024, Tubular Exchanger Mfrs Assn Inc reported a surplus of $119K with revenue exceeding expenses, holds 36.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Tubular Exchanger Mfrs Assn Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +23.0% | -18.0% | +19.3% |
| 2023 | +55.3% | +54.0% | -0.2% |
| 2022 | -34.5% | +90.3% | -0.4% |
| 2021 | -24.5% | -56.5% | +43.4% |
| 2020 | +49.4% | -14.2% | +53.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Tubular Exchanger Mfrs Assn Inc 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Tubular Exchanger Mfrs Assn Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $119K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for resource allocation.
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.
Strengths
The following positive indicators were identified for Tubular Exchanger Mfrs Assn Inc:
- Consistent revenue surpluses in recent years (e.g., $118,528 in 202406)
- Zero liabilities reported across all filing periods, indicating a debt-free operation
- 0% officer compensation reported consistently, suggesting efficient use of funds
- Growing asset base, demonstrating increasing financial stability (from $427,272 in 201506 to $731,869 in 202406)
- Strong financial transparency with 13 years of IRS 990 filings
Frequently Asked Questions about Tubular Exchanger Mfrs Assn Inc
Is Tubular Exchanger Mfrs Assn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tubular Exchanger Mfrs Assn Inc (EIN: 136132759) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Tubular Exchanger Mfrs Assn Inc spend its money?
Tubular Exchanger Mfrs Assn Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tubular Exchanger Mfrs Assn Inc tax-deductible?
Tubular Exchanger Mfrs Assn Inc is registered as a tax-exempt nonprofit (EIN: 136132759). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Tubular Exchanger Mfrs Assn Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Tubular Exchanger Mfrs Assn Inc 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 Tubular Exchanger Mfrs Assn Inc located?
Tubular Exchanger Mfrs Assn Inc is headquartered in Fairfield, Connecticut and files with the IRS under EIN 136132759. It is classified under NTEE code S41.
How many years of IRS 990 filings does Tubular Exchanger Mfrs Assn Inc have?
Tubular Exchanger Mfrs Assn Inc 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 $395K in total revenue.
Is Tubular Exchanger Mfrs Assn Inc a good charity?
Based on the available financial data, Tubular Exchanger Mfrs Assn Inc appears to be a well-managed organization. It consistently generates surpluses, has a healthy asset base, and reports 0% officer compensation, all of which are strong indicators of financial health and efficient resource use.
How does Tubular Exchanger Mfrs Assn Inc manage its finances?
The organization manages its finances effectively, as evidenced by its ability to generate consistent revenue surpluses in most recent years (e.g., $118,528 surplus in 202406) and maintain zero liabilities across all reported periods. This indicates prudent financial planning and a strong balance sheet.
What is the trend in Tubular Exchanger Mfrs Assn Inc's assets?
Tubular Exchanger Mfrs Assn Inc has shown a strong upward trend in its assets, growing from $427,272 in 201506 to $731,869 in 202406. This consistent growth, fueled by revenue surpluses, indicates increasing financial stability and capacity.
Filing History
IRS 990 filing history for Tubular Exchanger Mfrs Assn Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Tubular Exchanger Mfrs Assn Inc's revenue has grown by 52.9%, moving from $235K to $359K. Total assets increased by 57.3% over the same period, from $465K to $732K. Total functional expenses fell by 33.6%, from $362K to $241K. In its most recent filing year (2024), Tubular Exchanger Mfrs Assn Inc reported a surplus of $119K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $359K | $241K | $732K | $0 | — | — |
| 2023 | $292K | $293K | $613K | $0 | — | — |
| 2022 | $188K | $190K | $615K | $0 | — | View 990 |
| 2021 | $287K | $100K | $617K | $0 | — | — |
| 2020 | $380K | $230K | $430K | $0 | — | View 990 |
| 2019 | $254K | $268K | $281K | $0 | — | View 990 |
| 2018 | $194K | $289K | $294K | $0 | — | — |
| 2017 | $237K | $244K | $389K | $0 | — | View 990 |
| 2016 | $245K | $275K | $397K | $0 | — | View 990 |
| 2015 | $274K | $312K | $427K | $0 | — | View 990 |
| 2014 | $305K | $318K | $466K | $0 | — | View 990 |
| 2013 | $289K | $345K | $409K | $0 | — | View 990 |
| 2012 | $235K | $362K | $465K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $359K, expenses of $241K, and assets of $732K (revenue +23.0% year-over-year).
- 2023: Revenue of $292K, expenses of $293K, and assets of $613K (revenue +55.3% year-over-year).
- 2022: Revenue of $188K, expenses of $190K, and assets of $615K (revenue -34.5% year-over-year).
- 2021: Revenue of $287K, expenses of $100K, and assets of $617K (revenue -24.5% year-over-year).
- 2020: Revenue of $380K, expenses of $230K, and assets of $430K (revenue +49.4% year-over-year).
- 2019: Revenue of $254K, expenses of $268K, and assets of $281K (revenue +31.2% year-over-year).
- 2018: Revenue of $194K, expenses of $289K, and assets of $294K (revenue -18.1% year-over-year).
- 2017: Revenue of $237K, expenses of $244K, and assets of $389K (revenue -3.2% year-over-year).
- 2016: Revenue of $245K, expenses of $275K, and assets of $397K (revenue -10.6% year-over-year).
- 2015: Revenue of $274K, expenses of $312K, and assets of $427K (revenue -10.3% year-over-year).
- 2014: Revenue of $305K, expenses of $318K, and assets of $466K (revenue +5.5% year-over-year).
- 2013: Revenue of $289K, expenses of $345K, and assets of $409K (revenue +23.1% year-over-year).
- 2012: Revenue of $235K, expenses of $362K, and assets of $465K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tubular Exchanger Mfrs Assn Inc:
Data Sources and Methodology
This transparency report for Tubular Exchanger Mfrs Assn 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.