Unified Abrasives Manufacturers Association
EIN: 341894721 · Cleveland, OH · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $344K |
| Total Expenses | $368K |
| Net Assets | $-44,686 |
Is Unified Abrasives Manufacturers Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Unified Abrasives Manufacturers Association
Unified Abrasives Manufacturers Association (EIN: 341894721) is a nonprofit organization based in Cleveland, OH, classified under NTEE code S41. The organization reported total revenue of $344K and total assets of $41K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Unified Abrasives Manufacturers Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Unified Abrasives Manufacturers Association is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $332K |
| Total Expenses | $368K |
| Surplus / Deficit | $-36,057 |
| Total Assets | $32K |
| Total Liabilities | $77K |
| Net Assets | $-44,686 |
| Operating Margin | -10.9% |
| Debt-to-Asset Ratio | 237.7% |
| Months of Reserves | 1.1 months |
Financial Health Grade: D
In 2023, Unified Abrasives Manufacturers Association reported a deficit of $36K with expenses exceeding revenue, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 237.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Unified Abrasives Manufacturers Association's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.4% | -1.8% | -54.8% |
| 2022 | +3.4% | +28.0% | -28.9% |
| 2021 | -17.2% | -4.2% | +7.5% |
| 2020 | -6.3% | -6.9% | +42.9% |
| 2019 | +23.0% | +0.0% | -81.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Unified Abrasives Manufacturers Association 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 Unified Abrasives Manufacturers Association 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 $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 237.7%.
Frequently Asked Questions about Unified Abrasives Manufacturers Association
Is Unified Abrasives Manufacturers Association a legitimate charity?
Unified Abrasives Manufacturers Association (EIN: 341894721) is a registered tax-exempt nonprofit based in Ohio. It has 13 years of IRS 990 filings on record. Total revenue: $344K. No red flags identified. Financial health grade: D.
How does Unified Abrasives Manufacturers Association spend its money?
Unified Abrasives Manufacturers Association reported $344K 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 Unified Abrasives Manufacturers Association tax-deductible?
Unified Abrasives Manufacturers Association is registered as a tax-exempt nonprofit (EIN: 341894721). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Unified Abrasives Manufacturers Association located?
Unified Abrasives Manufacturers Association is headquartered in Cleveland, Ohio and files with the IRS under EIN 341894721. It is classified under NTEE code S41.
How many years of IRS 990 filings does Unified Abrasives Manufacturers Association have?
Unified Abrasives Manufacturers Association 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 $344K in total revenue.
Filing History
IRS 990 filing history for Unified Abrasives Manufacturers Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Unified Abrasives Manufacturers Association's revenue has grown by 27.8%, moving from $260K to $332K. Total assets decreased by 94% over the same period, from $542K to $32K. Total functional expenses rose by 20.1%, from $307K to $368K. In its most recent filing year (2023), Unified Abrasives Manufacturers Association reported a deficit of $36K, with expenses exceeding revenue. The organization holds $77K in liabilities against $32K in assets (debt-to-asset ratio: 237.7%), resulting in net assets of $-44,686.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $332K | $368K | $32K | $77K | — | View 990 |
| 2022 | $290K | $375K | $72K | $80K | — | View 990 |
| 2021 | $281K | $293K | $101K | $25K | — | View 990 |
| 2020 | $339K | $306K | $94K | $6K | — | View 990 |
| 2019 | $362K | $328K | $66K | $11K | — | View 990 |
| 2018 | $294K | $328K | $358K | $336K | — | View 990 |
| 2017 | $293K | $326K | $71K | $16K | — | — |
| 2016 | $292K | $395K | $118K | $29K | — | View 990 |
| 2015 | $303K | $311K | $207K | $15K | — | View 990 |
| 2014 | $295K | $308K | $218K | $17K | — | View 990 |
| 2013 | $291K | $312K | $504K | $290K | — | View 990 |
| 2012 | $282K | $313K | $529K | $295K | — | View 990 |
| 2011 | $260K | $307K | $542K | $277K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $332K, expenses of $368K, and assets of $32K (revenue +14.4% year-over-year).
- 2022: Revenue of $290K, expenses of $375K, and assets of $72K (revenue +3.4% year-over-year).
- 2021: Revenue of $281K, expenses of $293K, and assets of $101K (revenue -17.2% year-over-year).
- 2020: Revenue of $339K, expenses of $306K, and assets of $94K (revenue -6.3% year-over-year).
- 2019: Revenue of $362K, expenses of $328K, and assets of $66K (revenue +23.0% year-over-year).
- 2018: Revenue of $294K, expenses of $328K, and assets of $358K (revenue +0.2% year-over-year).
- 2017: Revenue of $293K, expenses of $326K, and assets of $71K (revenue +0.6% year-over-year).
- 2016: Revenue of $292K, expenses of $395K, and assets of $118K (revenue -3.8% year-over-year).
- 2015: Revenue of $303K, expenses of $311K, and assets of $207K (revenue +2.8% year-over-year).
- 2014: Revenue of $295K, expenses of $308K, and assets of $218K (revenue +1.3% year-over-year).
- 2013: Revenue of $291K, expenses of $312K, and assets of $504K (revenue +3.1% year-over-year).
- 2012: Revenue of $282K, expenses of $313K, and assets of $529K (revenue +8.7% year-over-year).
- 2011: Revenue of $260K, expenses of $307K, and assets of $542K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Unified Abrasives Manufacturers Association:
Data Sources and Methodology
This transparency report for Unified Abrasives Manufacturers Association 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.