The Us Center for Advanced Manufacturing

Nonprofit profile at a glance

EIN
882911716
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Troy, MI, USA
Phone
2484573231
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$1,970,746
Expenses
$1,838,629
Assets
$677,731
Liabilities
$266,665

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • TOM KELLY (PRESIDENT)

Highest reported compensation

  • TOM KELLY (PRESIDENT): $369,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The us center for advanced manufacturing drives state, regional and national initiatives that accelerate and strengthen advanced manufacturing in the us, while helping to inform the global manufacturing agenda.as a community, we ignite potential by harnessing the power of the people and technology through our work. We strive to build an ecosystem that accelerates change to transform manufacturing as a whole by fostering global action borne from local identity.we are an innovative voice for change in advanced manufacturing for the united states.

What it reported doing in 2024

Project 3: technology adoptionobjective: accelerate inclusive technology adoption and dissemination in manufacturing by building a cross-industry network that includes some of the most advanced factories and connected value chains worldwide. Continual exposure to technological advances and metrics. Identify national examples of excellence in manufacturing in the us and provide companies learning journey drawing world economic forum to date, share first hand insights, strategies, and challenges from the digital transformations with a specific focus on the us challenges and opportunities. Deliverables: four global workshops. Comprehensive report with findings, conclusions, and recommendations. Series of workshops and activities with senior executives and experts from manufacturing companies, government, academia, and civil society to disseminate findings and conclusions.

Operating model

Revenue model
Grant-funded. 93% of the money available for current operations came from government grants.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 74
  • Accountability: 100
  • Sustainability: 40
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.7%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.37; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0.39; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 0.5%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 3 of 3 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $369K · 3 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 8 of 8 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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 — Sustainability: Total-asset coverage ratio scored 17/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.