American Boat Builders and Repairer Association Inc
Nonprofit profile at a glance
- EIN
- 136162913
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990 2018, Form 990-EZ 2025
- Location
- Warren, RI, USA
- Phone
- 4012362466
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $133,166
- Expenses
- $116,188
- Assets
- $92,872
- Liabilities
- $9,191
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- CHAD MORSE (PRESIDENT)
People named in this filing
- CHAD MORSE (PRESIDENT)
- TIM SHIELDS (VICE PRESIDE)
- PATRICIA BENNETT (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To develop and encourage high standards of service and control within the boat building and repairing industry.
What it reported doing in 2025
Advertising and public relations to promote the use of member boatyards, to encourage yards to join the association, to disseminate educational and informational materials, provide educational seminars and safety publications.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 53
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.3%; rating input score 87
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 12.7%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 0.8; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 4.2% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: -2.3% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: -2.2% per year; rating input score 0; 20th percentile among comparable filings
Details
- Where the money goes: 87.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $116K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 8 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.