JEmploymentEIN: 521759283· Ruling Year: 1944

National Marine Engineers Beneficial Association

Washington, District of Columbia

A-Health Score
79A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.37×
Peer Median4.74×
💰
$12.6M
Total Revenue
📊
$10.8M
Total Expenses
🏦
$25.5M
Net Assets
📋
$6.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.4%
Year-over-year change (2022 → 2023)
Net Margin
+14.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.37
Net assets divided by total expenses
Liabilities-to-Assets
19.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$12,603,8898%$10,768,7596%$31,802,2147%
2022$11,625,985$10,177,5706%$29,640,07919%
2021$11,650,1109%$9,644,4555%$24,909,9148%
2020$10,711,1846%$9,174,500$22,980,42612%
2019$11,398,04217%$9,197,0022%$20,555,90510%
2018$9,729,7265%$9,031,2533%$18,608,0012%
2017$9,264,8956%$8,759,8744%$18,204,8237%
2016$8,712,6212%$8,401,2643%$17,022,6987%
2015$8,868,9211%$8,676,1152%$15,968,8231%
2014$8,761,0901%$8,810,385$15,795,6741%
2013$8,678,5471%$8,776,2221%$15,590,246
2012$8,758,5411%$8,876,4823%$15,553,3834%
2011$8,889,498$9,166,870$16,175,128

Frequently Asked Questions

What does National Marine Engineers Beneficial Association do?

National Marine Engineers Beneficial Association is a employment nonprofit organization based in District of Columbia. It is classified under NTEE code J40 and is registered as a 501(c) tax-exempt organization with the IRS.

Is National Marine Engineers Beneficial Association financially healthy?

Based on our 9-metric Financial Health Score model, National Marine Engineers Beneficial Association has a score of 79/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does National Marine Engineers Beneficial Association generate?

National Marine Engineers Beneficial Association reports $13.4M in annual revenue and holds $34.4M in total assets, based on IRS filings.

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National Marine Engineers Beneficial Association — Washington, DC | GiveScope